ECOLOG
ActiveSummary
ECOLOG has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €306,269 and a net result of €29,957. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 51% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+11
Solvency82▼-6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity short (current ratio 0.71 against 0.46 in 2024; short-term debt: 24% and cash: 9.4% of total assets), and 43.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
56.9%
Return on assets
5.6%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
2 d early
2023
1 d early
2022
7 d early
2021
2 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€29,957
2024 · -€15,132
Working capital
-€37,122▲ 22.1%
2024 · -€47,632
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€35,435▼ 9.4%€45,018▲ 27.0%€206,237▲ 358%-€20,356€46,204
Net result€22,969within the sector's middle half▼ 33.9%€31,479within the sector's middle half▲ 37.1%€151,934above the sector's middle half▲ 383%-€15,132below the sector's middle half€29,957within the sector's middle half
Equity€199,812within the sector's middle half▲ 13.0%€218,891within the sector's middle half▲ 9.5%€358,425above the sector's middle half▲ 63.7%€321,312above the sector's middle half▼ 10.4%€306,269above the sector's middle half▼ 4.7%
Total assets€355,077within the sector's middle half▲ 3.8%€369,489within the sector's middle half▲ 4.1%€496,817above the sector's middle half▲ 34.5%€508,332above the sector's middle half▲ 2.3%€537,904above the sector's middle half▲ 5.8%
Debt€94,751▼ 9.5%€90,084▼ 4.9%€39,217▼ 56.5%€87,852▲ 124%€133,638▲ 52.1%
Working capital€214,929above the sector's middle half▲ 17.4%€236,568above the sector's middle half▲ 10.1%€414,846above the sector's middle half▲ 75.4%-€47,632below the sector's middle half-€37,122below the sector's middle half▲ 22.1%
Solvency56.3%within the sector's middle half▲ 4.6pp59.2%within the sector's middle half▲ 3.0pp72.1%within the sector's middle half▲ 12.9pp63.2%within the sector's middle half▼ 8.9pp56.9%within the sector's middle half▼ 6.3pp
Current ratio8.84above the sector's middle half▲ 2.149.38above the sector's middle half▲ 0.5411.65above the sector's middle half▲ 2.270.46below the sector's middle half▼ 11.190.71below the sector's middle half▲ 0.25
Return on assets (ROA)6.5%within the sector's middle half▼ 3.7pp8.5%within the sector's middle half▲ 2.1pp30.6%above the sector's middle half▲ 22.1pp-3.0%below the sector's middle half▼ 33.6pp5.6%within the sector's middle half▲ 8.5pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €46,204 after a loss of €20,356 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €537,904
Fixed assets
€446,016 ▼ 4.7%
Current assets
€91,888 ▲ 128%
Equity and liabilities €537,904
Equity
€306,269 ▼ 4.7%
Provisions
€97,997 ▼ 1.2%
Debt
€133,638 ▲ 52.1%
Debt's share of the balance-sheet total rises from 17.3% to 24.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€73,061▲
2024 · €32,154
Cash flow
€56,815▲
2024 · €37,378
Debt to equity
0.44▲
2024 · 0.27
ROE
9.8%▲
2024 · -4.7%
Interest coverage
14.99▼
2024 · 70.88
Debt ≤ 1 year
€129,011▲
2024 · €87,852
Income taxes
€12,613
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,810 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,662 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% | 1.7% |
| 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 75% 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 17,810 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,866 | €10,238 | €819 | €52,510 | €26,858 | ▼ 48.9% |
| Other operating charges640/8 | - | €2,042 | €1,281 | €1,151 | €1,243 | ▲ 8.0% |
| Gross operating margin9900 | €48,170 | €57,299 | €208,337 | €33,305 | €74,304 | ▲ 123% |
| Operating profit (loss)9901 | €35,435 | €45,018 | €206,237 | -€20,356 | €46,204 | ▲ 327% |
| Financial income75/76B | - | €4,041 | €4,544 | €5,672 | €71 | ▼ 98.8% |
| Recurring financial income75 | €3,798 | €4,041 | €4,544 | €5,672 | €71 | ▼ 98.8% |
| Financial charges65/66B | - | €1,651 | €1,952 | €454 | €4,875 | ▲ 975% |
| Recurring financial charges65 | €2,075 | €1,651 | €1,952 | €454 | €4,875 | ▲ 975% |
| Profit (loss) for the period before taxes9903 | €37,158 | €47,408 | €208,829 | -€15,138 | €41,399 | ▲ 373% |
| Transfer from deferred taxes780 | - | - | - | €6 | €1,172 | ▲ 18,148% |
| Transfer to deferred taxes680 | - | - | €38,661 | - | - | - |
| Income taxes67/77 | €14,190 | €15,929 | €18,234 | - | €12,613 | - |
| Profit (loss) for the period9904 | €22,969 | €31,479 | €151,934 | -€15,132 | €29,957 | ▲ 298% |
| Transfer from tax-exempt reserves789 | - | - | - | €19 | €3,515 | ▲ 18,148% |
| Transfer to tax-exempt reserves689 | - | - | €115,982 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €22,969 | €31,479 | €35,952 | -€15,112 | €33,472 | ▲ 321% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €355,077 | €369,489 | €496,817 | €508,332 | €537,904 | ▲ 5.8% |
| Fixed assets21/28 | €112,729 | €104,688 | €43,012 | €468,111 | €446,016 | ▼ 4.7% |
| Tangible fixed assets22/27 | €90,998 | €82,957 | €21,781 | €446,880 | €424,784 | ▼ 4.9% |
| Land and buildings22 | - | €56,167 | - | €349,951 | €340,935 | ▼ 2.6% |
| Plant, machinery and equipment23 | - | €3,723 | - | - | €1,145 | - |
| Furniture and vehicles24 | - | €22,600 | €21,781 | €90,029 | €75,708 | ▼ 15.9% |
| Other tangible fixed assets26 | - | €468 | - | €6,901 | €6,996 | ▲ 1.4% |
| Financial fixed assets28 | €21,731 | €21,731 | €21,231 | €21,231 | €21,231 | = |
| Current assets29/58 | €242,347 | €264,801 | €453,805 | €40,221 | €91,888 | ▲ 128% |
| Amounts receivable after more than one year29 | - | €137,693 | €178,463 | - | - | - |
| Other amounts receivable291 | - | €137,693 | €178,463 | - | - | - |
| Amounts receivable within one year40/41 | €26,908 | €29,350 | €47,000 | €14,836 | €39,836 | ▲ 169% |
| Trade receivables40 | - | €23,920 | €36,560 | €13,597 | €35,901 | ▲ 164% |
| Other amounts receivable41 | - | €5,430 | €10,441 | €1,238 | €3,935 | ▲ 218% |
| Cash at bank and in hand54/58 | €106,003 | €97,184 | €227,753 | €24,430 | €50,800 | ▲ 108% |
| Deferred charges and accrued income490/1 | - | €575 | €588 | €955 | €1,252 | ▲ 31.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €355,077 | €369,489 | €496,817 | €508,332 | €537,904 | ▲ 5.8% |
| Equity10/15 | €199,812 | €218,891 | €358,425 | €321,312 | €306,269 | ▼ 4.7% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €101,705 | €123,185 | €264,167 | €242,166 | €226,651 | ▼ 6.4% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | €156 | €116,138 | €116,119 | €112,604 | ▼ 3.0% |
| Distributable reserves133 | - | €121,169 | €146,169 | €126,047 | €114,047 | ▼ 9.5% |
| Profit (loss) carried forward14 | €91,907 | €89,507 | €88,058 | €72,946 | €73,418 | ▲ 0.6% |
| Provisions and deferred taxes16 | €60,514 | €60,514 | €99,175 | €99,168 | €97,997 | ▼ 1.2% |
| Provisions for liabilities and charges160/5 | - | €60,514 | €60,514 | €60,514 | €60,514 | = |
| Pensions and similar obligations160 | - | €60,514 | €60,514 | €60,514 | €60,514 | = |
| Deferred taxes168 | - | - | €38,661 | €38,654 | €37,483 | ▼ 3.0% |
| Amounts payable17/49 | €94,751 | €90,084 | €39,217 | €87,852 | €133,638 | ▲ 52.1% |
| Amounts payable after more than one year17 | €67,333 | €61,851 | - | - | - | - |
| Financial debts170/4 | - | €61,851 | - | - | - | - |
| Amounts payable within one year42/48 | €27,418 | €28,233 | €38,959 | €87,852 | €129,011 | ▲ 46.8% |
| Current portion of amounts payable after more than one year42 | - | €5,482 | - | - | - | - |
| Trade debts44 | €2,938 | €4,698 | €5,728 | €3,640 | €4,614 | ▲ 26.8% |
| Suppliers440/4 | - | €4,698 | €5,728 | €3,640 | €4,614 | ▲ 26.8% |
| Taxes, remuneration and social security45 | - | €5,653 | €20,831 | €2,140 | €14,768 | ▲ 590% |
| Taxes450/3 | - | €3,573 | €18,708 | - | €12,613 | - |
| Remuneration and social security454/9 | - | €2,080 | €2,123 | €2,140 | €2,155 | ▲ 0.7% |
| Other amounts payable47/48 | - | €12,400 | €12,400 | €82,072 | €109,629 | ▲ 33.6% |
| Accrued charges and deferred income492/3 | - | - | €258 | - | €4,628 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,969 | €31,479 | €151,934 | -€15,132 | €29,957 | ▲ 298% |
| + Depreciation and write-downs630 | €10,866 | €10,238 | €819 | €52,510 | €26,858 | ▼ 48.9% |
| Operating cash flow (approximation) | €33,834 | €41,718 | €152,753 | €37,378 | €56,815 | ▲ 52.0% |
| Investment in fixed assets (approximation) | - | -€2,197 | €60,857 | -€477,609 | -€4,762 | ▲ 99.0% |
| Change in cash | - | -€8,820 | €130,570 | -€203,324 | €26,370 | ▲ 113% |
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
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Back to profitnet €29,957
Net result €29,957 after one loss-making year.
14-05
State Gazette act
Capital increase · Share issue
Capital · Statutes amendment
14-05
State Gazette act
Permanent representative · Capital increase
Share issue · Capital
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
State Gazette act
Capital increase · Capital
Bank account · Share issue
01-07
State Gazette act
Capital increase · Share issue
Capital · Statutes amendment
30-06
Financial
Weakest financial yearnet -€15,132
Net result drops to -€15,132, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €151,934 ▲383%
Operating result €206,237, net result €151,934, both a record.
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €200,000Eq €218,891 ▲9.5%
4 profitable years in a row build equity to €218,891.
Show earlier events
29-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-05
State Gazette act
Permanent representative · Director appointment
Share issue · Capital increase
05-05
State Gazette act
Capital increase · Capital
Bank account · Statutes amendment
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €150,000Eq €176,843 ▲24.4%
2 profitable years in a row build equity to €176,843.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
25-06
State Gazette act
Capital increase · Capital
Bank account · Share issue
25-06
State Gazette act
Permanent representative · Share issue
Capital increase · Capital
01-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1 day late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 13 days late
2009
02-06
State Gazette act
General meeting · Capital increase
Name change · Purpose change
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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-Joost-ten-Node · 1 establishment unit since 2008
Ground area
2,099 m²
Building footprint
1,326 m²
Volume, LiDAR
36,601 m³
2 parcels, Brussels · tallest building 42.2 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
ECOLOG
since 20082.173.125.147
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21572B0357/00M000 | Brussels | 1,978 m² | 1 · 1,248 m² | 42.2 m · 12 fl. |
| 21002A0123/00Z003indicative | Brussels | 121 m² | 1 · 78 m² | 13.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
5 locations
Similar companies · same sector, comparable size
S-NAP
BE 0632.608.363
Keerbergen · Eq €306,271
MORPHOSA
BE 0794.458.308
Holsbeek · Eq €306,267
VERELST ONTWIKKELINGSGROEP
BE 0655.703.568
Putte · Eq €306,278
ALICLOU
BE 0799.337.903
Ingelmunster · Eq €306,285
JRM Management
BE 0802.395.381
Braine-le-Château · Eq €306,290
Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 38,045 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
Founded23-09-2008
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
Phone
0485/692983Oudergem
E-invoicing
Reachable via Peppol
Peppol ID
0208:0806528076
Also
9925:BE0806528076
Registered
15-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.