ECOHYDRO
ActiveSummary
ECOHYDRO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €65,699 and a net result of €17,937. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 62% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability92▲+22
Solvency94▲+39
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 4.65 against 1.76 in 2023; short-term debt: 19.3% and cash: 52.1% of total assets), and 30.8% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
69 d late
2023
82 d late
2022
31 d late
2021
8 d late
2020
31 d late
2019
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 42 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€65,699▲ 37.6%
2023 · €47,761
Total assets
€94,942▼ 39.8%
2023 · €157,613
Net result
€17,937▲ 1,014%
2023 · €1,610
Working capital
€66,824▲ 4.7%
2023 · €63,812
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
Line20202021202220232024
Operating result€19,530▲ 12.4%€6,025▼ 69.2%€105▼ 98.3%€3,359▲ 3,087%€25,307▲ 653%
Net result€13,839▲ 12.5%€3,710▼ 73.2%-€703€1,610€17,937▲ 1,014%
Equity€37,946▲ 52.4%€40,855▲ 7.7%€40,152▼ 1.7%€47,761▲ 19.0%€65,699▲ 37.6%
Total assets€61,574▲ 91.2%€73,902▲ 20.0%€55,663▼ 24.7%€157,613▲ 183%€94,942▼ 39.8%
Debt€23,629▲ 224%€33,047▲ 39.9%€15,511▼ 53.1%€109,851▲ 608%€29,243▼ 73.4%
Working capital€22,080▼ 1.1%€26,925▲ 21.9%€26,711▼ 0.8%€63,812▲ 139%€66,824▲ 4.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 653% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €94,942
Fixed assets
€9,788 ▼ 4.9%
Current assets
€85,154 ▼ 42.2%
Equity and liabilities €94,942
Equity
€65,699 ▲ 37.6%
Debt
€29,243 ▼ 73.4%
Debt's share of the balance-sheet total falls from 69.7% to 30.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28,769▲
2023 · €6,509
Cash flow
€21,399▲
2023 · €4,760
Current ratio
4.65▲
2023 · 1.76
Debt to equity
0.45▼
2023 · 2.30
ROE
27.3%▲
2023 · 3.4%
ROA
18.9%▲
2023 · 1.0%
Interest coverage
13.02▲
2023 · 7.53
Debt ≤ 1 year
€18,330▼
2023 · €83,510
Income taxes
€5,161▲
2023 · €1,105
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 26,964 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,663 | €3,272 | €3,239 | €3,150 | €3,462 | ▲ 9.9% |
| Other operating charges640/8 | - | €355 | €1,989 | €823 | €635 | ▼ 22.8% |
| Gross operating margin9900 | €22,142 | €9,651 | €5,333 | €7,331 | €29,404 | ▲ 301% |
| Operating profit (loss)9901 | €19,530 | €6,025 | €105 | €3,359 | €25,307 | ▲ 653% |
| Financial income75/76B | - | €38 | €648 | €220 | €1 | ▼ 99.7% |
| Recurring financial income75 | €0 | €38 | €648 | €220 | €1 | ▼ 99.7% |
| Financial charges65/66B | - | €203 | €678 | €864 | €2,210 | ▲ 156% |
| Recurring financial charges65 | €151 | €203 | €678 | €864 | €2,210 | ▲ 156% |
| Profit (loss) for the period before taxes9903 | €19,380 | €5,859 | €75 | €2,715 | €23,098 | ▲ 751% |
| Income taxes67/77 | €5,541 | €2,149 | €779 | €1,105 | €5,161 | ▲ 367% |
| Profit (loss) for the period9904 | €13,839 | €3,710 | -€703 | €1,610 | €17,937 | ▲ 1,014% |
| Profit (loss) for the period to be appropriated9905 | €13,839 | €3,710 | -€703 | €1,610 | €17,937 | ▲ 1,014% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €61,574 | €73,902 | €55,663 | €157,613 | €94,942 | ▼ 39.8% |
| Fixed assets21/28 | €15,866 | €13,930 | €13,441 | €10,291 | €9,788 | ▼ 4.9% |
| Tangible fixed assets22/27 | €15,866 | €13,930 | €13,441 | €10,291 | €9,788 | ▼ 4.9% |
| Plant, machinery and equipment23 | - | €13,030 | €10,980 | €9,012 | €7,061 | ▼ 21.6% |
| Furniture and vehicles24 | - | €900 | €2,461 | €1,279 | €2,727 | ▲ 113% |
| Current assets29/58 | €45,708 | €59,971 | €42,222 | €147,322 | €85,154 | ▼ 42.2% |
| Amounts receivable after more than one year29 | - | €11,000 | €11,000 | - | - | - |
| Other amounts receivable291 | - | €11,000 | €11,000 | - | - | - |
| Stocks and contracts in progress3 | - | - | - | €1,002 | - | - |
| Stocks30/36 | - | - | - | €1,002 | - | - |
| Amounts receivable within one year40/41 | €19,681 | €31,283 | €17,247 | €87,250 | €35,665 | ▼ 59.1% |
| Trade receivables40 | - | €31,091 | €15,929 | €83,268 | €35,149 | ▼ 57.8% |
| Other amounts receivable41 | - | €192 | €1,317 | €3,982 | €516 | ▼ 87.0% |
| Cash at bank and in hand54/58 | €26,027 | €17,689 | €13,975 | €59,069 | €49,489 | ▼ 16.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €61,574 | €73,902 | €55,663 | €157,613 | €94,942 | ▼ 39.8% |
| Equity10/15 | €37,946 | €40,855 | €40,152 | €47,761 | €65,699 | ▲ 37.6% |
| Contributions10/11 | - | €12,600 | €12,600 | €18,600 | €18,600 | = |
| Reserves13 | €25,346 | €28,255 | €28,255 | €29,161 | €47,099 | ▲ 61.5% |
| Distributable reserves133 | - | €28,255 | €28,255 | €29,161 | €47,099 | ▲ 61.5% |
| Profit (loss) carried forward14 | - | - | -€703 | - | - | - |
| Amounts payable17/49 | €23,629 | €33,047 | €15,511 | €109,851 | €29,243 | ▼ 73.4% |
| Amounts payable within one year42/48 | €23,629 | €33,047 | €15,511 | €83,510 | €18,330 | ▼ 78.1% |
| Trade debts44 | €9,363 | €21,146 | €7,368 | €68,846 | €932 | ▼ 98.6% |
| Suppliers440/4 | - | €21,146 | €7,368 | €68,846 | €932 | ▼ 98.6% |
| Taxes, remuneration and social security45 | - | €10,154 | €3,330 | €1,883 | €6,265 | ▲ 233% |
| Taxes450/3 | - | €10,154 | €3,330 | €1,883 | €6,265 | ▲ 233% |
| Other amounts payable47/48 | - | €1,747 | €4,812 | €12,780 | €11,133 | ▼ 12.9% |
| Accrued charges and deferred income492/3 | - | - | - | €26,341 | €10,914 | ▼ 58.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,839 | €3,710 | -€703 | €1,610 | €17,937 | ▲ 1,014% |
| + Depreciation and write-downs630 | €1,663 | €3,272 | €3,239 | €3,150 | €3,462 | ▲ 9.9% |
| Operating cash flow (approximation) | €15,502 | €6,981 | €2,535 | €4,760 | €21,399 | ▲ 350% |
| Investment in fixed assets (approximation) | - | -€1,336 | -€2,749 | €0 | -€2,959 | - |
| Change in cash | - | -€8,339 | -€3,713 | €45,094 | -€9,580 | ▼ 121% |
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
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
31-12
Financial
Highest result since 2019net €17,937 ▲1,014%
Operating result €25,307, net result €17,937, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.65
Current ratio from 1.76 to 4.65; short-term debt falls from €83,510 to €18,330.
21-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 82 days late
2023
31-12
Financial
Back to profitnet €1,610
Net result €1,610 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet -€703
Net result drops to -€703, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
22-09
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
Financial milestoneState Gazette actNBB 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, Duffel · 1 establishment unit since 2019
Ground area
1,351 m²
Building footprint
371 m²
Volume, LiDAR
1,267 m³
2 parcels, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ATWEO
since 20192.286.072.343
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12009E0184/00V006 | Flanders | 780 m² | 1 · 166 m² | - |
| 12009E0332/00A007 | Flanders | 572 m² | 1 · 205 m² | 10.2 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.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 39,393 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68122Development of non-residential building projects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0720600825
Also
9925:BE0720600825
Registered
17-02-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.