ECOGREEN
ActiveThe computed 12-month bankruptcy probability of ECOGREEN is 4.7% (elevated). For ECOGREEN, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €10k and a net result of €-2k. Equity is growing by ~63% per year across the filed fiscal years. Its solvency ranks better than 21% of 6119 sector peers (fiscal year 2023). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability32▼-55
Solvency34▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
8.7%
Return on assets
-1.8%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 13-09-2024, 44 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
44 d late
2022
31 d late
2021
31 d late
2020
18 d early
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€10k▼ 16.9%
2022 · €12k
2018: €-26k
2019: €-39k
2020: €-25k
2021: €-3k
2022: €12k
2018 → 2023
Total assets
€114k▲ 8.6%
2022 · €105k
2018: €60k
2019: €41k
2020: €55k
2021: €72k
2022: €105k
2018 → 2023
Net result
€-2k
2022 · €15k
2018: €-48k
2019: €-13k
2020: €14k
2021: €22k
2022: €15k
2018 → 2023
Working capital
€-17k▼ 90.6%
2022 · €-9k
2018: €-41k
2019: €-53k
2020: €-39k
2021: €-17k
2022: €-9k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-39k-€-25k▲ 36.5%€-3k▲ 87.6%€12k€10k▼ 16.9%
Operating result€-10k-€16k€24k▲ 45.6%€17k▼ 27.3%€-674
Net result€-13k-€14k€22k▲ 52.5%€15k▼ 30.3%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €674 after €17k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €114k
Fixed assets
€28k▲ 5.2%
Current assets
€86k▲ 9.7%
Equity and liabilities €114k
Equity
€10k▼ 16.9%
Debt
€104k▲ 11.8%
The debt ratio rises from 88.6% to 91.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▼
2022 · €22k
Cash flow
€949▼
2022 · €20k
Solvency
8.7%▼
2022 · 11.4%
Current ratio
0.84▼
2022 · 0.90
Quick ratio
0.84▼
2022 · 0.90
Debt / equity
10.51▲
2022 · 7.81
ROE
-20.4%▼
2022 · 125.6%
ROA
-1.8%▼
2022 · 14.3%
Interest coverage
1.89▼
2022 · 9.84
Debt
€104k▲
2022 · €93k
Debt ≤ 1 year
€103k▲
2022 · €87k
Debt > 1 year
€1k▼
2022 · €6k
Income taxes
€145▼
2022 · €172
Staff costs
€55k▼
2022 · €79k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€105k€114k▲
Fixed assets21/28€26k€28k▲
Tangible fixed assets22/27€9k€10k▲
Furniture and vehicles24€9k€10k▲
Financial fixed assets28€17k€18k▲
Current assets29/58€79k€86k▲
Amounts receivable within one year40/41€65k€49k▼
Trade receivables40€65k€49k▼
Cash at bank and in hand54/58€13k€7k▼
Deferred charges and accrued income490/1-€30k
Equity and liabilities
Total equity and liabilities10/49€105k€114k▲
Equity10/15€12k€10k▼
Contributions10/11€19k€19k=
Reserves13€187€187=
Non-distributable reserves130/1€187€187=
Reserves not available under the articles1311€187€187=
Profit (loss) carried forward14€-7k€-9k▼
Amounts payable17/49€93k€104k▲
Amounts payable after more than one year17€6k€1k▼
Financial debts170/4€6k€1k▼
Amounts payable within one year42/48€87k€103k▲
Current portion of amounts payable after more than one year42-€5k
Financial debts43€5k€388▼
Credit institutions430/8€5k€388▼
Trade debts44€13k€27k▲
Suppliers440/4€13k€27k▲
Taxes, remuneration and social security45€25k€7k▼
Taxes450/3€12k€2k▼
Remuneration and social security454/9€13k€5k▼
Other amounts payable47/48€45k€64k▲
Income statement
Code20222023
Non-recurring operating income76A€26k-
Remuneration, social security and pensions62€79k€55k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€103k€59k▼
Operating profit (loss)9901€17k€-674▼
Financial income75/76B€1€13▲
Recurring financial income75€1€13▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€15k€-2k▼
Income taxes67/77€172€145▼
Profit (loss) for the period9904€15k€-2k▼
Profit (loss) for the period to be appropriated9905€15k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-9k▼
Profit (loss) brought forward from the previous period14P€-22k€-7k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 44 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €22k ▲52.5%
Operating result €24k, net result €22k, both a record.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Jans-Molenbeek · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Groeninghestraat 381080 Sint-Jans-MolenbeekGround area
233 m²
Building footprint
234 m²
Volume, LiDAR
1,940 m³
Parcel 21523B0777/00W010, Brussels · tallest building 16.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ECOGREEN
since 20162.259.476.923
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0777/00W010 | Brussels | 233 m² | 1 · 234 m² | 16.3 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900MWPB5UQU9J8538
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,203. 3,884 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-10-2016
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
38210Materials recovery from waste
38329Waste collection, recovery and disposal activities
39000Remediation activities and other waste management service activities
53200Other postal and courier activities
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.