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ECOFROID

Active
Private limited companyfounded 2024active for 2 yearsRue de la Plagne 46, 6110 Montigny-le-Tilleul, BelgiumKBO/BCE: BE 1011.189.564
Summary

ECOFROID has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54,418 and a net result of €44,418. Its solvency ranks better than 95% of 477 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28250
1 site
Size
≈ €170,000turnover 2025, estimated
Equity
€54,418
Profit
€44,418
Turnover estimated from the gross margin
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts filed 28 days late
Why 93raises riskFounded in 2024Size: total assets €57,245lowers riskLiquidity: current ratio 18.05, cash €37,048Equity €54,418 (95.1% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 94% of its sector peers (NACE 28, micro)
Financial strength
Strong
Solvency 100
equity 95.1% of total assets
Liquidity 100
short-term debt 4.9% · cash 64.7%
Profitability 100
return on assets 77.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (978 companies, NACE 28, micro)
Last 24 months 08-2025: 1.8% 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 2.2%▲ +0.4 percentage points vs 09-2025 11-2025: 2.3%▲ +0.1 percentage points vs 10-2025 12-2025: 2.5%▲ +0.2 percentage points vs 11-2025 01-2026: 2.5%● unchanged vs 12-2025 02-2026: 2.8%▲ +0.3 percentage points vs 01-2026 03-2026: 2.8%● unchanged vs 02-2026 04-2026: 2.7%▼ -0.1 percentage points vs 03-2026 05-2026: 2.7%● unchanged vs 04-2026 06-2026: 3.1%▲ +0.4 percentage points vs 05-2026 07-2026: 3.1%● unchanged vs 06-2026 08-2026: 3.1%● unchanged vs 07-2026highest value 09-2026: 0.2%▼ -2.9 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity ample (current ratio 18.05, above the usual 1.5; short-term debt: 4.9% and cash: 64.7% of total assets), and 4.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 28, micro): better than 89% on solvency, 97% on liquidity and 95% on profitability.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 18.05, cash €37,048
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €54,418 (95.1% of total assets)
NBB · annual accounts
raises risk · Size: total assets €57,245
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
28 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. IncorporationAppointment: CHASSEUR Cédric Alain Paul…

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00494143.

Turnover
≈ €170,000
Estimated: probably between €110,000 and €330,000
Total assets
€57,245
Net result
€44,418
Working capital
€48,201

Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €57,245
Fixed assets €6,217
Current assets €51,028
Equity and liabilities €57,245
Equity €54,418
Debt €2,827
Debt finances 4.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€61,619
Cash flow
€45,232
Current ratio
18.05
Debt to equity
0.05
ROE
81.6%
ROA
77.6%
Interest coverage
over 100
Debt ≤ 1 year
€2,827
Income taxes
€17,000

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€57,245
Fixed assets21/28€6,217
Tangible fixed assets22/27€6,217
Plant, machinery and equipment23€6,217
Current assets29/58€51,028
Amounts receivable within one year40/41€13,980
Trade receivables40€9,951
Other amounts receivable41€4,029
Cash at bank and in hand54/58€37,048
Equity and liabilities
Total equity and liabilities10/49€57,245
Equity10/15€54,418
Contributions10/11€10,000
Capital10€10,000
Issued capital100€10,000
Reserves13€1,000
Non-distributable reserves130/1€1,000
Legal reserve130€1,000
Profit (loss) carried forward14€43,418
Amounts payable17/49€2,827
Amounts payable within one year42/48€2,827
Trade debts44€2,749
Suppliers440/4€2,749
Other amounts payable47/48€77
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€814
Other operating charges640/8€176
Gross operating margin9900€61,794
Operating profit (loss)9901€60,805
Financial income75/76B€707
Recurring financial income75€707
Financial charges65/66B€94
Recurring financial charges65€94
Profit (loss) for the period before taxes9903€61,418
Income taxes67/77€17,000
Profit (loss) for the period9904€44,418
Profit (loss) for the period to be appropriated9905€44,418
Appropriation of the result
Profit (loss) to be appropriated9906€44,418
Transfer to equity691/2€1,000
To the legal reserve6920€1,000

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€814
Other operating charges640/8€176
Gross operating margin9900€61,794
Operating profit (loss)9901€60,805
Financial income75/76B€707
Recurring financial income75€707
Financial charges65/66B€94
Recurring financial charges65€94
Profit (loss) for the period before taxes9903€61,418
Income taxes67/77€17,000
Profit (loss) for the period9904€44,418
Profit (loss) for the period to be appropriated9905€44,418
Line2025
Assets
Total assets20/58€57,245
Fixed assets21/28€6,217
Tangible fixed assets22/27€6,217
Plant, machinery and equipment23€6,217
Current assets29/58€51,028
Amounts receivable within one year40/41€13,980
Trade receivables40€9,951
Other amounts receivable41€4,029
Cash at bank and in hand54/58€37,048
Equity and liabilities
Total equity and liabilities10/49€57,245
Equity10/15€54,418
Contributions10/11€10,000
Capital10€10,000
Issued capital100€10,000
Reserves13€1,000
Non-distributable reserves130/1€1,000
Legal reserve130€1,000
Profit (loss) carried forward14€43,418
Amounts payable17/49€2,827
Amounts payable within one year42/48€2,827
Trade debts44€2,749
Suppliers440/4€2,749
Other amounts payable47/48€77
Line2025
Profit (loss) for the period9904€44,418
+ Depreciation and write-downs630€814
Operating cash flow (approximation)€45,232

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 28-08-2026 2026-00494143

Similar companies · same sector, comparable size

Of the 455 active companies whose main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28250), figures are known for 291. 172 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
CHASSEUR Cédric Alain Paul
Director · since 08-07-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
CHASSEUR Cédric Alain Paul
  • Director, from 08-07-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 08-07-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 08-07-2024 Incorporation · €10,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 4 July 2024, ECOFROID was incorporated as a private limited company by one natural person, with a starting capital of €10,000.12 CHASSEUR Cédric Alain Paul has served as director of the company since 2024.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-07-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
28-08
NBB filing Annual accounts filed
financial year 2025 · abbreviated format · 28 days late
2024
08-07
Gazette deed Incorporation
Appointment: CHASSEUR Cédric Alain Paul (director) · Founder · Founding capital14 facts ▸
  • Founder, CHASSEUR Cédric Alain Paul (comparant)
  • Incorporation, “ECOFROID” (deed in French)
  • Founding capital, €10,000
  • Other provision, “plan financier et responsabilité des fondateurs”, yes (deed in French)
  • Other provision, “avertissements préalables du notaire instrumentant, certaines personnes interdites de participer à l'administration et au contrôle” (deed in French)
  • Other provision, “fixation des statuts de la société” (deed in French)
  • Other provision, “non-faillite, ne_pas_avoir_été_déclaré_en_faillite_jusqu'à_ce_jour” (deed in French)
  • Other provision, “autorisations_préalables, notaire_a_attiré_attention_société_pourrait_devoir_obtenir_autorisations_licences_réglementations_en_vigueur” (deed in French)
  • Other provision, “T.V.A.C., frais constitution” (deed in French)
  • General meeting, “associé_unique_agissant_en_lieu_et_place_assemblée_générale, dépôt_au_greffe_extrait_acte_constitutif_conformément_loi” (deed in French)
  • Registered office clause, “6110 Montigny-le-Tilleul, rue de la Plagne numéro 46, dépôt_au_greffe_extrait_acte_constitutif” (deed in French)
  • Board rule, 1, “assemblée” (deed in French)
  • +2 further facts in this act
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded04-07-2024
Financial year end31-12
Activities, NACEBEL 2025
28250Manufacture of machinery and equipment not elsewhere classified
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011189564
Registered 05-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Montigny-le-Tilleul · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
411 m²
Building footprint
72 m²
Building volume
618 m³
Parcel 52048B0113/00N000, Wallonia · tallest building 10.5 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ECOFROID
Rue de la Plagne 46, 6110 Montigny-le-TilleulManufacture of machinery and equipment not elsewhere classified
since 2024unit no. 2.364.948.387
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
52048B0113/00N000 Wallonia 411 m² 1 · 72 m² 10.5 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“L’entreprise de réfrigération commerciale et industrielle, la climatisation (pompes à chaleur), projet de montage de petites et moyennes…” (deed in French)
6 activities (deed in French)
  1. L’entreprise de réfrigération commerciale et industrielle, la climatisation (pompes à chaleur), projet de montage de petites et moyennes surfaces commerciales de proximité, de chambres froides de toutes dimensions, de système de climatisation ;
  2. Dépannages, entretiens et gestion d’alarmes d’installation frigorifique ;
  3. Optimalisation et économie d’énergie d’installations frigorifiques ;
  4. Montage et équipement de toutes chambres froides.
  5. L’entreprise de réfrigération, d’installations frigorifiques et de climatisation dans son sens le plus large, comprenant notamment l’installation, l’entretien, la gestion et le dépannage.
  6. La récupération de tous déchets métalliques.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
ECOFROID
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, établir sièges administratifs, agences, ateliers, dépôts et succursales en Belgique et à l'étranger par simple décision de…” (deed in French)

deed of 08-07-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Election de domicile : Le(s) administrateur(s) pourra (ont) élire domicile au siège de la société et ce conformément au Code des sociétés et…”
Board ruleHow the board is made up, meets and takes decisions.
“Organe d'administration, un ou plusieurs administrateurs” (deed in French)

deed of 08-07-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Registre des actions nominatives avec mentions requises par Code des sociétés et des associations, numéro d'ordre” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Héritiers et légataires non de plein droit actionnaires tenus solliciter agrément mêmes formalités” (deed in French)

deed of 08-07-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Tout_temps_par_assemblée_générale_formes_modifications_statuts” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Quelque cause moment que ce soit, désigner_un_ou_plusieurs_liquidateurs_déterminer_pouvoirs_émoluments” (deed in French)

deed of 08-07-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Au moins quinze jours à dater de l'ouverture de la souscription, apport en numéraire avec émission de nouvelles actions - droit de…” (deed in French)
Other provision: “Rémunération des administrateurs, assemblée générale décide si mandat exercé gratuitement” (deed in French)
Other provision: “Gestion journalière, un ou plusieurs membres portant titre administrateur-délégué ou un ou plusieurs directeurs” (deed in French)
Other provision: “Trois ans, contrôle de la société” (deed in French)
Other provision: “Tenue et convocation assemblée générale” (deed in French)
Other provision: “Admission à l'assemblée générale” (deed in French)
Other provision: “Séances-procès-verbaux, registre_tenu_au_siège” (deed in French)
Other provision: “Chaque action une voix sauf actions sans droit vote, délibérations-vote-procuration-ordre_du_jour-majorité” (deed in French)
Other provision: “Répartition_bénéfice_annuel_net, assemblée_générale_sur_proposition_organe_d'administration” (deed in French)
Other provision: “Rachat propres actions, respect_règles_Code_sociétés_associations” (deed in French)
Liquidation distribution: “Apurement dettes charges frais ou consignation, remis_même_proportion” (deed in French)
Other provision: “Siège, communications sommations assignations significations” (deed in French)
Other provision: “Compétence_judiciaire, société_actionnaires_administrateurs_commissaires_liquidateurs_affaires_société_exécution_statuts” (deed in French)
Other provision: “Droit commun, dispositions_non_dérogeables_Code_réputées_inscrites_clauses_contraires_impératives_réputées_non_écrites” (deed in French)
3 more provisions in the deed, see the deed of 08-07-2024

deed of 08-07-2024