ECOFRAMERIES
ActiveSummary
ECOFRAMERIES has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €797,744 and a net result of €515,147. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 28% of 4188 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-16
Solvency42▲+1
Growth75▼-6
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.06 in 2024; short-term debt: 63.2% and cash: 38.5% of total assets), and 83.1% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
16.9%
Return on assets
10.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
3 d early
2023
35 d early
2022
38 d early
2021
74 d late
2020
30 d late
2019
153 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 25 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
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 monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#4 company by total assets in Frameries, Wholesale and retail trade sector#7 company by equity in Frameries, Wholesale and retail trade sector
Turnover
€30.9m▲ 16.2%
2023 · €26.6m
EBIT margin
2.3%▲ 1.0pp
2023 · 1.2%
Net result
€515,147▼ 13.6%
2024 · €596,117
Working capital
€212,069▲ 2.2%
2024 · €207,563
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€22.9m€26.6m▲ 16.4%€30.9m
Operating result€459,374▼ 46.3%€185,828▼ 59.5%€331,419▲ 78.3%€829,820▲ 150%€701,245▼ 15.5%
Net result€263,066▼ 58.8%€79,230▼ 69.9%€179,204▲ 126%€596,117▲ 233%€515,147▼ 13.6%
EBIT margin0.8%1.2%▲ 0.4pp2.3%
Equity€609,310▼ 54.7%€618,540▲ 1.5%€797,744▲ 29.0%€797,744=€797,744=
Total assets€6.1m▼ 1.1%€5.2m▼ 15.0%€5.3m▲ 0.9%€5.1m▼ 3.0%€4.7m▼ 7.4%
Debt€5.5m▲ 13.8%€4.6m▼ 16.8%€4.4m▼ 3.2%€4.3m▼ 3.1%€3.9m▼ 8.7%
Working capital€246,297▼ 78.7%€475,489▲ 93.1%€716,329▲ 50.7%€207,563▼ 71.0%€212,069▲ 2.2%
Staff (FTE)40.7▲ 4.6%41.9▲ 2.9%42.2▲ 0.7%43.7▲ 3.6%46.6▲ 6.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.7m
Fixed assets
€1.5m ▼ 5.7%
Current assets
€3.2m ▼ 8.2%
Equity and liabilities €4.7m
Equity
€797,744 =
Debt
€3.9m ▼ 8.7%
Debt's share of the balance-sheet total falls from 84.4% to 83.1%. Debt is lower.
Key figures and ratios
EBITDA
€1.2m▼
2024 · €1.2m
Cash flow
€996,233▼
2024 · €1.0m
Current ratio
1.07▲
2024 · 1.06
Quick ratio
0.75▼
2024 · 0.80
Debt to equity
4.92▼
2024 · 5.39
ROE
64.6%▼
2024 · 74.7%
ROA
10.9%▼
2024 · 11.7%
Interest coverage
36.18▲
2024 · 10.06
Debt ≤ 1 year
€3.0m▼
2024 · €3.3m
Debt > 1 year
€700,909▼
2024 · €807,258
Income taxes
€142,256▼
2024 · €167,157
Staff costs
€2.0m▲
2024 · €1.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €23.2m | €26.9m | - | €31.3m | - |
| Turnover70 | - | €22.9m | €26.6m | - | €30.9m | - |
| Other operating income74 | - | €317,935 | €298,780 | - | €325,002 | - |
| Non-recurring operating income76A | €237,792 | €40,812 | €46,335 | €53,108 | €107,095 | ▲ 102% |
| Operating charges60/66A | - | €23.0m | €26.6m | - | €30.6m | - |
| Goods for resale, raw materials and consumables60 | - | €17.7m | €20.5m | - | €23.7m | - |
| Purchases600/8 | - | €17.8m | €20.5m | - | €23.8m | - |
| Change in stocks: decrease (increase)609 | - | -€116,567 | -€19,662 | - | -€86,486 | - |
| Services and other goods61 | - | €3.0m | €3.5m | - | €4.2m | - |
| Remuneration, social security and pensions62 | €1.5m | €1.6m | €1.8m | €1.8m | €2.0m | ▲ 13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €542,796 | €563,046 | €513,283 | €407,610 | €481,086 | ▲ 18.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €16,231 | €0 | - | - |
| Other operating charges640/8 | €90,953 | €96,299 | €84,648 | €68,886 | €98,375 | ▲ 42.8% |
| Non-recurring operating charges66A | €9,397 | €26,319 | €197,871 | €3,226 | €75,925 | ▲ 2,254% |
| Gross operating margin9900 | €2.6m | - | - | €3.1m | - | - |
| Operating profit (loss)9901 | €459,374 | €185,828 | €331,419 | €829,820 | €701,245 | ▼ 15.5% |
| Financial income75/76B | €32,593 | €33,131 | €51,646 | €70,109 | €85,211 | ▲ 21.5% |
| Recurring financial income75 | €32,593 | €33,131 | €51,646 | €70,109 | €85,211 | ▲ 21.5% |
| Income from financial fixed assets750 | - | - | - | - | €448 | - |
| Income from current assets751 | - | - | - | - | €14,096 | - |
| Other financial income752/9 | - | €33,131 | €51,646 | - | €70,667 | - |
| Financial charges65/66B | €107,542 | €101,746 | €117,549 | €136,655 | €129,052 | ▼ 5.6% |
| Recurring financial charges65 | €107,542 | €101,746 | €113,056 | €123,057 | €129,052 | ▲ 4.9% |
| Debt charges650 | - | €101,746 | €38,786 | - | €32,679 | - |
| Other financial charges652/9 | - | - | €74,271 | - | €96,374 | - |
| Non-recurring financial charges66B | - | - | €4,492 | €13,598 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €384,425 | €117,213 | €265,516 | €763,274 | €657,404 | ▼ 13.9% |
| Income taxes67/77 | €121,359 | €37,983 | €86,312 | €167,157 | €142,256 | ▼ 14.9% |
| Taxes670/3 | - | €37,983 | €86,312 | - | €142,256 | - |
| Profit (loss) for the period9904 | €263,066 | €79,230 | €179,204 | €596,117 | €515,147 | ▼ 13.6% |
| Profit (loss) for the period to be appropriated9905 | €263,066 | €79,230 | €179,204 | €596,117 | €515,147 | ▼ 13.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.1m | €5.2m | €5.3m | €5.1m | €4.7m | ▼ 7.4% |
| Formation expenses20 | €12,974 | €4,753 | €0 | - | €2,833 | - |
| Fixed assets21/28 | €2.7m | €2.3m | €1.7m | €1.6m | €1.5m | ▼ 5.7% |
| Intangible fixed assets21 | €100,489 | €50,244 | €0 | - | - | - |
| Tangible fixed assets22/27 | €2.6m | €2.2m | €1.7m | €1.5m | €1.5m | ▼ 5.8% |
| Land and buildings22 | €600,100 | - | - | - | - | - |
| Plant, machinery and equipment23 | €1.8m | €1.5m | €1.1m | €967,828 | €963,779 | ▼ 0.4% |
| Furniture and vehicles24 | €182,965 | €113,626 | €156,133 | €199,850 | €179,358 | ▼ 10.3% |
| Other tangible fixed assets26 | - | €521,927 | €434,862 | €376,279 | €310,774 | ▼ 17.4% |
| Financial fixed assets28 | €38,740 | €49,877 | €55,888 | €70,046 | €67,428 | ▼ 3.7% |
| Affiliated companies280/1 | - | - | - | - | €0 | - |
| Participating interests280 | - | - | - | - | €0 | - |
| Other financial fixed assets284/8 | - | €49,877 | €55,888 | - | €67,428 | - |
| Amounts receivable and cash guarantees285/8 | - | €49,877 | €55,888 | - | €67,428 | - |
| Current assets29/58 | €3.4m | €2.9m | €3.5m | €3.5m | €3.2m | ▼ 8.2% |
| Stocks and contracts in progress3 | €673,355 | €789,922 | €809,584 | €857,787 | €944,273 | ▲ 10.1% |
| Stocks30/36 | €673,355 | €789,922 | €809,584 | €857,787 | €944,273 | ▲ 10.1% |
| Goods purchased for resale34 | - | €789,922 | €809,584 | - | €944,273 | - |
| Amounts receivable within one year40/41 | €933,747 | €697,850 | €1.1m | €388,613 | €241,594 | ▼ 37.8% |
| Trade receivables40 | €35,256 | €352,017 | €160,883 | €37,993 | €90,634 | ▲ 139% |
| Other amounts receivable41 | €898,490 | €345,833 | €895,686 | €350,620 | €150,960 | ▼ 56.9% |
| Current investments50/53 | - | - | - | €300,000 | €0 | ▼ 100% |
| Other investments51/53 | - | - | - | - | €0 | - |
| Cash at bank and in hand54/58 | €1.4m | €1.4m | €1.6m | €1.8m | €1.8m | ▼ 0.2% |
| Deferred charges and accrued income490/1 | €393,234 | €90,450 | €78,287 | €115,058 | €193,592 | ▲ 68.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.1m | €5.2m | €5.3m | €5.1m | €4.7m | ▼ 7.4% |
| Equity10/15 | €609,310 | €618,540 | €797,744 | €797,744 | €797,744 | = |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Issued capital100 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €509,310 | €518,540 | €697,744 | €697,744 | €697,744 | = |
| Non-distributable reserves130/1 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Legal reserve130 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Distributable reserves133 | €499,310 | €508,540 | €687,744 | €687,744 | €687,744 | = |
| Profit (loss) carried forward14 | - | - | - | €0 | - | - |
| Provisions and deferred taxes16 | - | - | €16,231 | €0 | - | - |
| Provisions for liabilities and charges160/5 | - | - | €16,231 | €0 | - | - |
| Other liabilities and charges164/5 | - | - | €16,231 | €0 | - | - |
| Amounts payable17/49 | €5.5m | €4.6m | €4.4m | €4.3m | €3.9m | ▼ 8.7% |
| Amounts payable after more than one year17 | €2.3m | €1.8m | €1.4m | €807,258 | €700,909 | ▼ 13.2% |
| Financial debts170/4 | €2.3m | €1.8m | €1.3m | €803,458 | €697,109 | ▼ 13.2% |
| Subordinated loans170 | - | €381,250 | €246,250 | - | €60,982 | - |
| Credit institutions173 | - | €1.4m | €1.1m | - | €636,128 | - |
| Other loans174 | - | €3,800 | - | - | - | - |
| Other amounts payable178/9 | - | - | €3,800 | €3,800 | €3,800 | = |
| Amounts payable within one year42/48 | €3.1m | €2.5m | €2.8m | €3.3m | €3.0m | ▼ 8.9% |
| Current portion of amounts payable after more than one year42 | €610,102 | €515,914 | €604,476 | €610,515 | €408,670 | ▼ 33.1% |
| Financial debts43 | €257,957 | €142,620 | €247,873 | €48,757 | €264,086 | ▲ 442% |
| Credit institutions430/8 | €257,957 | €142,620 | €247,873 | €48,757 | €264,086 | ▲ 442% |
| Trade debts44 | €1.1m | €1.1m | €1.7m | €1.8m | €1.3m | ▼ 23.4% |
| Suppliers440/4 | €1.1m | €1.1m | €1.7m | €1.8m | €1.3m | ▼ 23.4% |
| Taxes, remuneration and social security45 | €162,878 | €263,995 | €245,491 | €265,639 | €240,481 | ▼ 9.5% |
| Taxes450/3 | €2,003 | €53,384 | €17,318 | €22,033 | €2,032 | ▼ 90.8% |
| Remuneration and social security454/9 | €160,875 | €210,611 | €228,173 | €243,607 | €238,450 | ▼ 2.1% |
| Other amounts payable47/48 | €1.0m | €459,949 | €268 | €594,058 | €727,260 | ▲ 22.4% |
| Accrued charges and deferred income492/3 | €88,080 | €324,009 | €270,591 | €216,563 | €237,588 | ▲ 9.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €263,066 | €79,230 | €179,204 | €596,117 | €515,147 | ▼ 13.6% |
| + Depreciation and write-downs630 | €542,796 | €563,046 | €513,283 | €407,610 | €481,086 | ▲ 18.0% |
| Operating cash flow (approximation) | €805,862 | €642,276 | €692,487 | €1.0m | €996,233 | ▼ 0.7% |
| Investment in fixed assets (approximation) | - | -€83,033 | €32,483 | -€300,888 | -€388,423 | ▼ 29.1% |
| Change in cash | - | -€8,462 | €232,288 | €233,855 | -€4,168 | ▼ 102% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €79,230 ▼69.9%
Net result drops to €79,230, the lowest in the series; recovery starts the following year.
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 74 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €639,122 ▲28.7%
Operating result €854,866, net result €639,122, both a record.
31-12
Financial
Equity above €1mEq €1.3m ▲90.4%
3 profitable years in a row build equity to €1.3m.
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 153 days late
2019
31-12
Financial
Equity above €500,000Eq €707,122 ▲236%
2 profitable years in a row build equity to €707,122.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Frameries · 2 establishment units since 2007
Ground area
5.1 ha
Building footprint
919 m²
Volume, LiDAR
6,281 m³
2 parcels, Wallonia · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Intermarché
since 20072.166.706.024
Rue Achile Degrace 1A, 7080 Frameries
since 20232.383.868.931
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53028D0118/00Y003 | Wallonia | 5.1 ha | 1 · 428 m² | 10.5 m · 2 fl. |
| 53045A0147/00K000 | Wallonia | 561 m² | 1 · 491 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesFrameries2.166.706.024
Frameries2.383.868.931
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,850. 2,526 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded24-09-2007
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID
0208:0892263309
Registered
05-01-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.