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ECOFORMER

Active
Public limited companyfounded 199036 yrs activeOude baan (OUD) 120, 9200 Dendermonde, BelgiumKBO/BCE: BE 0440.269.637
Summary

ECOFORMER has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.17M and a net result of €1.23M. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 58% of 913 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
77 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency70▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.82 in 2024; short-term debt: 54.9% of total assets), but 54.9% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
45.1%
Return on assets
47.6%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 d early
2024
51 d early
2023
48 d early
2022
49 d early
2021
47 d early
2020
22 d early
2019
14 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€1.17M▼ 1.8%
2024 · €1.19M
2018: €1.65M 2019: €1.22M 2020: €1.23M 2021: €1.24M 2022: €1.17M 2023: €1.17M 2024: €1.19M
2018 → 2025
Total assets
€2.59M▲ 0.2%
2024 · €2.58M
2018: €7.78M 2019: €2.90M 2020: €1.81M 2021: €2.40M 2022: €2.55M 2023: €2.56M 2024: €2.58M
2018 → 2025
Net result
€1.23M▼ 3.1%
2024 · €1.27M
2018: €1.11M 2019: €851k 2020: €453k 2021: €1.01M 2022: €1.18M 2023: €1.25M 2024: €1.27M
2018 → 2025
Working capital
€1.12M▼ 1.7%
2024 · €1.14M
2018: €693k 2019: €537k 2020: €808k 2021: €1.04M 2022: €1.07M 2023: €1.11M 2024: €1.14M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.24M-€1.17M▼ 5.3%€1.17M▼ 0.1%€1.19M▲ 1.6%€1.17M▼ 1.8%
Operating result€1.35M-€1.57M▲ 16.9%€1.60M▲ 1.5%€1.61M▲ 1.0%€1.59M▼ 1.3%
Net result€1.01M-€1.18M▲ 17.4%€1.25M▲ 5.4%€1.27M▲ 1.6%€1.23M▼ 3.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€500k€1.00M€1.50MOperating result 2021: €1.35M€1.35MNet result 2021: €1.01M€1.01MOperating result 2022: €1.57M€1.57MNet result 2022: €1.18M€1.18MOperating result 2023: €1.60M€1.60MNet result 2023: €1.25M€1.25MOperating result 2024: €1.61M€1.61MNet result 2024: €1.27M€1.27MOperating result 2025: €1.59M€1.59MNet result 2025: €1.23M€1.23M20212022202320242025€0€500k€1M€1.5MOperating result 2023: €1.60M€1.6MNet result 2023: €1.25M€1.2MOperating result 2024: €1.61M€1.6MNet result 2024: €1.27M€1.3MOperating result 2025: €1.59M€1.6MNet result 2025: €1.23M€1.2M202320242025
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.59M
Fixed assets €42k ▼ 1.9%
Current assets €2.54M ▲ 0.3%
Equity and liabilities €2.59M
Equity €1.17M ▼ 1.8%
Debt €1.42M ▲ 1.9%
Debt's share of the balance-sheet total rises from 53.9% to 54.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.59M
2024 · €1.63M
Cash flow
€1.23M
2024 · €1.28M
Current ratio
1.79
2024 · 1.82
Debt to equity
1.22
2024 · 1.17
ROE
105.3%
2024 · 106.8%
ROA
47.6%
2024 · 49.2%
Interest coverage
8860.14
2024 · 10450.73
Debt ≤ 1 year
€1.42M
2024 · €1.39M
Income taxes
€410k
2024 · €423k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.58M€2.59M
Fixed assets21/28€43k€42k
Tangible fixed assets22/27€43k€42k
Land and buildings22€42k€42k=
Plant, machinery and equipment23€796-
Current assets29/58€2.54M€2.54M
Amounts receivable within one year40/41€2.54M€2.54M
Trade receivables40€198k€198k=
Other amounts receivable41€2.34M€2.34M
Equity and liabilities
Total equity and liabilities10/49€2.58M€2.59M
Equity10/15€1.19M€1.17M
Contributions10/11€887k€887k=
Capital10€887k€887k=
Issued capital100€887k€887k=
Reserves13€153k€153k=
Non-distributable reserves130/1€112k€112k=
Legal reserve130€112k€112k=
Distributable reserves133€42k€42k=
Profit (loss) carried forward14€147k€127k
Amounts payable17/49€1.39M€1.42M
Amounts payable within one year42/48€1.39M€1.42M
Trade debts44€120k€146k
Suppliers440/4€120k€146k
Taxes, remuneration and social security45€22k€22k
Taxes450/3€22k€22k
Other amounts payable47/48€1.25M€1.25M=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€796
Other operating charges640/8€29k€29k
Gross operating margin9900€1.66M€1.62M
Operating profit (loss)9901€1.61M€1.59M
Financial income75/76B€77k€45k
Recurring financial income75€77k€45k
Financial charges65/66B€156€180
Recurring financial charges65€156€180
Profit (loss) for the period before taxes9903€1.69M€1.64M
Income taxes67/77€423k€410k
Profit (loss) for the period9904€1.27M€1.23M
Profit (loss) for the period to be appropriated9905€1.27M€1.23M
Appropriation of the result
Profit (loss) to be appropriated9906€1.40M€1.38M
Profit (loss) brought forward from the previous period14P€129k€147k
Profit to be distributed694/7€1.25M€1.25M=
Return on contributions (dividend)694€1.25M€1.25M=

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2018net €1.27M ▲1.6%
Operating result €1.61M, net result €1.27M, both a record.
13-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet €453k ▼46.8%
Net result drops to €453k, the lowest in the series; recovery starts the following year.
17-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 17 acts read
About the unread acts

We know of 17 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
17 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Dendermonde · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
8.0 ha
Building footprint
1.8 ha
Volume, LiDAR
262,870 m³
Parcel 42016B0865/00K003, Flanders · tallest building 35.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ECOFORMER
Oude baan (OUD) 120, 9200 DendermondeNACE 21121
since 20062.156.400.268
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42016B0865/00K003 Flanders 8.0 ha 1 · 1.8 ha 35.6 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,187 companies in sector 77399 we hold annual accounts for 710. 446 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded22-02-1990
Fiscal year end31-12
Activities, NACEBEL 2025
77399Renting and leasing of other machinery, equipment and tangible goods
35110Production of electricity from non-renewable sources
35150Electricity, gas, steam and air conditioning supply
35300Electricity, gas, steam and air conditioning supply
68310Real estate agency activities
69109Other legal services
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.