ECOGEN
ActiveECOGEN has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €763k and a net result of €196k. Equity is growing by ~59.4% per year across the filed fiscal years. Its solvency ranks better than 53% of 9113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-9
Solvency60▲+9
Growth78=
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.39 against 0.3 in 2024; short-term debt: 64.7% and cash: 0.1% of total assets), and 64.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
35.3%
Return on assets
9%
Age of the figures
9 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
21 d early
2024
26 d late
2023
69 d late
2022
7 d early
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€170k
EBIT margin
55.0%
Net result
€196k▼ 44.8%
2024 · €355k
2022: €59k
2023: €123k
2024: €355k
2022 → 2025
Working capital
€-856k▲ 24.2%
2024 · €-1.13M
2022: €-94k
2023: €-1.53M
2024: €-1.13M
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€170k-
Equity€89k-€212k▲ 138%€567k▲ 167%€763k▲ 34.5%
Operating result€93k-€200k▲ 114%€524k▲ 162%€297k▼ 43.3%
Net result€59k-€123k▲ 107%€355k▲ 188%€196k▼ 44.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 43% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.16M
Fixed assets
€1.62M▼ 4.6%
Current assets
€543k▲ 10.9%
Equity and liabilities €2.16M
Equity
€763k▲ 34.5%
Debt
€1.40M▼ 13.6%
The debt ratio falls from 74.1% to 64.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€518k▼
2024 · €727k
Cash flow
€416k▼
2024 · €558k
Solvency
35.3%▲
2024 · 25.9%
Current ratio
0.39▲
2024 · 0.30
Quick ratio
0.39▲
2024 · 0.30
Debt / equity
1.83▼
2024 · 2.85
ROE
25.6%▼
2024 · 62.5%
ROA
9.0%▼
2024 · 16.2%
Interest coverage
17.01▼
2024 · 19.66
Debt
€1.40M▼
2024 · €1.62M
Debt ≤ 1 year
€1.40M▼
2024 · €1.62M
Income taxes
€71k▼
2024 · €133k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.19M€2.16M▼
Fixed assets21/28€1.70M€1.62M▼
Tangible fixed assets22/27€1.70M€1.62M▼
Plant, machinery and equipment23€1.70M€1.62M▼
Current assets29/58€489k€543k▲
Amounts receivable after more than one year29€26k€26k=
Other amounts receivable291€26k€26k=
Amounts receivable within one year40/41€361k€513k▲
Trade receivables40€361k€512k▲
Other amounts receivable41-€743
Cash at bank and in hand54/58€102k€3k▼
Deferred charges and accrued income490/1€228€505▲
Equity and liabilities
Total equity and liabilities10/49€2.19M€2.16M▼
Equity10/15€567k€763k▲
Contributions10/11€30k€30k=
Profit (loss) carried forward14€537k€733k▲
Amounts payable17/49€1.62M€1.40M▼
Amounts payable within one year42/48€1.62M€1.40M▼
Trade debts44€17k€19k▲
Suppliers440/4€17k€19k▲
Taxes, remuneration and social security45€144k€204k▲
Taxes450/3€144k€204k▲
Other amounts payable47/48€1.46M€1.18M▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€204k€221k▲
Other operating charges640/8€968€998▲
Gross operating margin9900€728k€519k▼
Operating profit (loss)9901€524k€297k▼
Financial income75/76B€515€0▼
Recurring financial income75€515€0▼
Financial charges65/66B€37k€30k▼
Recurring financial charges65€37k€30k▼
Profit (loss) for the period before taxes9903€487k€267k▼
Income taxes67/77€133k€71k▼
Profit (loss) for the period9904€355k€196k▼
Profit (loss) for the period to be appropriated9905€355k€196k▼
Appropriation of the result
Profit (loss) to be appropriated9906€537k€733k▲
Profit (loss) brought forward from the previous period14P€182k€537k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
31-12
Financial
Highest result since 2022net €355k ▲188%
Operating result €524k, net result €355k, both a record.
31-12
Financial
Equity above €500kEq €567k ▲167%
3 profitable years in a row build equity to €567k.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 69 days late
2023
31-12
Financial
Equity above €200kEq €212k ▲138%
2 profitable years in a row build equity to €212k.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Evere · 1 establishment unit since 2021
Ground area
3,304 m²
Building footprint
1,528 m²
Volume, LiDAR
18,106 m³
Parcel 21372C0123/00R000, Brussels · tallest building 21.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ECOGEN
since 20212.320.995.115
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372C0123/00R000 | Brussels | 3,304 m² | 1 · 1,528 m² | 21.8 m · 5 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.
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JOTI
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SABIMMO KOKSIJDE
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Of 9,697 companies in sector 68121 we hold annual accounts for 7,378. 4,264 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-05-2021
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@go4green.be
Phone:026098727