Skip to content

ECOLENA

Active
Private limited companyfounded 20206 yrs activeRue de la Station 44, 4032 Liège, BelgiumKBO/BCE: BE 0744.695.130
Summary

The computed 12-month bankruptcy probability of ECOLENA is 2.7% (moderate). The 2025 annual accounts show negative equity (-€292,346) and a net result of -€21,126. Equity is shrinking by ~51.6% per year across the filed fiscal years. Its solvency ranks better than 8% of 2226 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability35▲+25
Solvency9▲+1
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.03 in 2024; short-term debt: 116.4% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
-16.4%
Return on assets
-1.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€292,346
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 5 filings
Deviation from the deadline
2025
25 d late
2024
40 d late
2023
22 d late
2022
32 d early
2021
23 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 16 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. Usually files around 23 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ECOLENA was incorporated on 4 March 2020 as a Private limited company.1 Total assets rose from EUR 305,972 in 2021 to EUR 1.8 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€21,126▲ 82.3%
2024 · -€119,046
Working capital
-€2.1m▼ 12.1%
2024 · -€1.8m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€24,761--€23,196▲ 6.3%-€27,850▼ 20.1%-€28,819▼ 3.5%-€14,407▲ 50.0%
Net result-€34,239below the sector's middle half--€46,613below the sector's middle half▼ 36.1%-€104,322below the sector's middle half▼ 124%-€119,046below the sector's middle half▼ 14.1%-€21,126below the sector's middle half▲ 82.3%
Equity-€1,239below the sector's middle half--€47,852below the sector's middle half▼ 3,762%-€152,174below the sector's middle half▼ 218%-€271,220below the sector's middle half▼ 78.2%-€292,346below the sector's middle half▼ 7.8%
Total assets€305,972within the sector's middle half-€1.6mwithin the sector's middle half▲ 425%€1.6mwithin the sector's middle half▼ 0.8%€1.6mwithin the sector's middle half▲ 2.8%€1.8mabove the sector's middle half▲ 8.7%
Debt€307,211-€1.7m▲ 438%€1.7m▲ 5.5%€1.9m▲ 9.4%€2.1m▲ 8.5%
Working capital-€300,722below the sector's middle half--€1.7mbelow the sector's middle half▼ 450%-€1.7mbelow the sector's middle half▼ 5.4%-€1.8mbelow the sector's middle half▼ 6.0%-€2.1mbelow the sector's middle half▼ 12.1%
Solvency-0.4%below the sector's middle half--3.0%below the sector's middle half▼ 2.6pp-9.6%below the sector's middle half▼ 6.6pp-16.6%below the sector's middle half▼ 7.0pp-16.4%below the sector's middle half▲ 0.1pp
Current ratio0.02below the sector's middle half-0.00below the sector's middle half▼ 0.020.00below the sector's middle half=0.03below the sector's middle half▲ 0.030.00below the sector's middle half▼ 0.03
Return on assets (ROA)-11.2%below the sector's middle half--2.9%below the sector's middle half▲ 8.3pp-6.5%below the sector's middle half▼ 3.6pp-7.3%below the sector's middle half▼ 0.7pp-1.2%below the sector's middle half▲ 6.1pp
Staff (FTE)0below the sector's middle half0below the sector's middle half
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2021: -€24,761-€24,761Net result 2021: -€34,239-€34,239Operating result 2022: -€23,196-€23,196Net result 2022: -€46,613-€46,613Operating result 2023: -€27,850-€27,850Net result 2023: -€104,322-€104,322Operating result 2024: -€28,819-€28,819Net result 2024: -€119,046-€119,046Operating result 2025: -€14,407-€14,407Net result 2025: -€21,126-€21,12620212022202320242025-€150,000-€100,000-€50,000€0Operating result 2023: -€27,850-€27,900Net result 2023: -€104,322-€104,000Operating result 2024: -€28,819-€28,800Net result 2024: -€119,046-€119,000Operating result 2025: -€14,407-€14,400Net result 2025: -€21,126-€21,100202320242025
The operating result stays negative: a loss of €14,407 in 2025 against €28,819 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets €1.8m ▲ 12.9%
Current assets €642 ▼ 99.0%
Key figures and ratios
2025 value · change against 2024
Debt to equity
-7.09▼
2024 · -7.04
Debt ≤ 1 year
€2.1m▲
2024 · €1.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,167 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 95% are still going.

  • Small
  • 5 to 10 years old
  • negative equity
  • a small loss
2.0% went bankrupt
2.8% 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 higher bankruptcy probability: 2.7% 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 497,340 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% 1.0%
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% 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 1,167 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 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.6m€1.8m▲
Fixed assets21/28€1.6m€1.8m▲
Tangible fixed assets22/27€1.6m€1.8m▲
Land and buildings22€1.3m€1.3m=
Assets under construction and advance payments27€256,413€460,115▲
Current assets29/58€62,293€642▼
Amounts receivable within one year40/41€62,293€642▼
Other amounts receivable41€62,293€642▼
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.8m▲
Equity10/15-€271,220-€292,346▼
Contributions10/11€33,000€33,000=
Profit (loss) carried forward14-€304,220-€325,346▼
Amounts payable17/49€1.9m€2.1m▲
Amounts payable within one year42/48€1.9m€2.1m▲
Current portion of amounts payable after more than one year42-€18,961
Financial debts43€1.6m€1.7m▲
Credit institutions430/8€5,748-
Other loans439€1.5m€1.7m▲
Trade debts44€66,418€32,936▼
Suppliers440/4€66,418€32,936▼
Other amounts payable47/48€291,705€349,867▲
Accrued charges and deferred income492/3-€1,000
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,047-
Other operating charges640/8€1,580€1,464▼
Gross operating margin9900-€12,192-€12,943▼
Operating profit (loss)9901-€28,819-€14,407▲
Financial charges65/66B€90,227€6,718▼
Recurring financial charges65€90,227€6,718▼
Profit (loss) for the period before taxes9903-€119,046-€21,126▲
Profit (loss) for the period9904-€119,046-€21,126▲
Profit (loss) for the period to be appropriated9905-€119,046-€21,126▲
Appropriation of the result
Profit (loss) to be appropriated9906-€304,220-€325,346▼
Profit (loss) brought forward from the previous period14P-€185,174-€304,220▼
Social balance
Average headcount (FTE)90870.0-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,521€10,262€15,047€15,047--
Other operating charges640/8€630€777€978€1,580€1,464▼ 7.3%
Gross operating margin9900-€19,610-€12,157-€11,825-€12,192-€12,943▼ 6.2%
Operating profit (loss)9901-€24,761-€23,196-€27,850-€28,819-€14,407▲ 50.0%
Financial income75/76B€19€20€0---
Recurring financial income75€19€20€0---
Financial charges65/66B€9,497€23,437€76,472€90,227€6,718▼ 92.6%
Recurring financial charges65€9,497€23,437€76,472€90,227€6,718▼ 92.6%
Profit (loss) for the period before taxes9903-€34,239-€46,613-€104,322-€119,046-€21,126▲ 82.3%
Profit (loss) for the period9904-€34,239-€46,613-€104,322-€119,046-€21,126▲ 82.3%
Profit (loss) for the period to be appropriated9905-€34,239-€46,613-€104,322-€119,046-€21,126▲ 82.3%
Line20212022202320242025Change
Assets
Total assets20/58€305,972€1.6m€1.6m€1.6m€1.8m▲ 8.7%
Fixed assets21/28€299,770€1.6m€1.6m€1.6m€1.8m▲ 12.9%
Tangible fixed assets22/27€299,770€1.6m€1.6m€1.6m€1.8m▲ 12.9%
Land and buildings22€291,846€1.3m€1.3m€1.3m€1.3m=
Assets under construction and advance payments27€7,924€256,413€256,413€256,413€460,115▲ 79.4%
Current assets29/58€6,202€352€2,529€62,293€642▼ 99.0%
Amounts receivable within one year40/41€5,894€4€2,529€62,293€642▼ 99.0%
Other amounts receivable41€5,894€4€2,529€62,293€642▼ 99.0%
Cash at bank and in hand54/58€308€348€0---
Equity and liabilities
Total equity and liabilities10/49€305,972€1.6m€1.6m€1.6m€1.8m▲ 8.7%
Equity10/15-€1,239-€47,852-€152,174-€271,220-€292,346▼ 7.8%
Contributions10/11€33,000€33,000€33,000€33,000€33,000=
Profit (loss) carried forward14-€34,239-€80,852-€185,174-€304,220-€325,346▼ 6.9%
Amounts payable17/49€307,211€1.7m€1.7m€1.9m€2.1m▲ 8.5%
Amounts payable within one year42/48€306,924€1.7m€1.7m€1.9m€2.1m▲ 8.5%
Current portion of amounts payable after more than one year42----€18,961-
Financial debts43€294,924€1.5m€1.6m€1.6m€1.7m▲ 7.6%
Credit institutions430/8--€6,064€5,748--
Other loans439€294,924€1.5m€1.5m€1.5m€1.7m▲ 8.0%
Trade debts44€12,000€12,000€0€66,418€32,936▼ 50.4%
Suppliers440/4€12,000€12,000€0€66,418€32,936▼ 50.4%
Other amounts payable47/48-€96,236€194,045€291,705€349,867▲ 19.9%
Accrued charges and deferred income492/3€287€422€0-€1,000-
Line20212022202320242025Change
Profit (loss) for the period9904-€34,239-€46,613-€104,322-€119,046-€21,126▲ 82.3%
+ Depreciation and write-downs630€4,521€10,262€15,047€15,047--
Operating cash flow (approximation)-€29,718-€36,351-€89,274-€103,999-€21,126▲ 79.7%
Investment in fixed assets (approximation)--€1.3m€0€0-€203,702-
Change in cash-€40-€348---

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

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
25-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
09-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 40 days late
2024
31-12
Financial Weakest financial yearnet -€119,046
Net result drops to -€119,046, the lowest in the series; recovery starts the following year.
22-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 22 days late
2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 23 days late
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Liège · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
357 m²
Building footprint
152 m²
Volume, LiDAR
2,180 m³
Parcel 62023B0018/00L000, Wallonia · tallest building 15.2 m, ±5 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
ECOLENA
Rue de la Station 44, 4032 LiègeReal estate development
since 20202.303.127.517
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62023B0018/00L000 Wallonia 357 m² 1 · 152 m² 15.2 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. GENERAL CONSTRUCTION LIEGE 100%
  2. ECOLENA

Highest known parent: GENERAL CONSTRUCTION LIEGE. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 29,786 companies in sector 41001 we hold annual accounts for 16,061. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded04-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
68121Development of residential building projects
42990Civil engineering
43110Demolition
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0744695130
Also 9925:BE0744695130
Registered 10-04-2026

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

Register as of 30 September 2026 · Peppol Directory

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