Skip to content

ECOLOGIC

Active
Public limited companyfounded 1987active for 39 yearsGrote Koraalberg 18, 2000 Antwerpen, BelgiumKBO/BCE: BE 0430.356.930
Summary

ECOLOGIC has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €342,635 and a net result of -€6,396. Equity is shrinking by about 3.4% per year across the filed financial years. Its solvency ranks better than 95% of 9,770 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Non-specialised wholesale trade
NACE 46900
1 site
Size
€345,259total assets 2025
Equity
€342,635
Loss
-€6,396
Turnover not published (abbreviated or micro format)
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 1 day early4 deeds in the Belgian Official Gazette
Why 95lowers riskFounded in 1987Equity €342,635 (99.2% of total assets)Figures for financial year 2025 (filed 01-08-2026)Legal form: public limited companyShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 61% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 99.2% of total assets
Liquidity 62+4
short-term debt 0.1% · cash 9.6%
Profitability 66=
return on assets -1.9%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,882 companies, NACE 46, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.2 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity ample (current ratio 97.72, compared with 42.97 in 2024, above the usual 1.5; short-term debt: 0.1% and cash: 9.6% of total assets), and 0.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 90% on solvency, 68% on liquidity, 49% on profitability and 36% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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.
lowers riskneutral
lowers risk · Founded in 1987
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €342,635 (99.2% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 01-08-2026)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
19 days late
2023
22 days late
2022
5 days early
2021
2 days early
2020
5 days early
2019
30 days early
← 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 on the deadline day; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Liquidity more than doubledcurrent ratio 97.72
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, abbreviated format

Equity
€342,635▼ 1.8%
2024 · €349,032
Total assets
€345,259▼ 1.9%
2024 · €351,887
Net result
-€6,396▲ 14.5%
2024 · -€7,481
Working capital
€38,001▲ 44.9%
2024 · €26,226
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €6,187 in 2025 against €7,259 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€6,187 2025 Net result-€6,396 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€8,282--€7,929▲ 4.3%-€18,328▼ 131%-€20,184▼ 10.1%-€13,818▲ 31.5%-€11,274▲ 18.4%-€7,259▲ 35.6%-€6,187▲ 14.8%
Net result-€8,504--€8,150▲ 4.2%-€18,467below the sector's middle half▼ 127%-€20,350below the sector's middle half▼ 10.2%-€14,073below the sector's middle half▲ 30.8%-€11,456below the sector's middle half▲ 18.6%-€7,481below the sector's middle half▲ 34.7%-€6,396below the sector's middle half▲ 14.5%
Equity€429,009-€420,859▼ 1.9%€402,392within the sector's middle half▼ 4.4%€382,042above the sector's middle half▼ 5.1%€367,969above the sector's middle half▼ 3.7%€356,512above the sector's middle half▼ 3.1%€349,032above the sector's middle half▼ 2.1%€342,635within the sector's middle half▼ 1.8%
Total assets€438,387-€424,627▼ 3.1%€405,518below the sector's middle half▼ 4.5%€385,486within the sector's middle half▼ 4.9%€371,281within the sector's middle half▼ 3.7%€359,725within the sector's middle half▼ 3.1%€351,887within the sector's middle half▼ 2.2%€345,259below the sector's middle half▼ 1.9%
Debt€9,378-€3,768▼ 59.8%€3,126▼ 17.0%€3,445▲ 10.2%€3,313▼ 3.8%€3,212▼ 3.0%€2,856▼ 11.1%€2,624▼ 8.1%
Working capital€15,147-€23,235▲ 53.4%€22,138below the sector's middle half▼ 4.7%€6,052within the sector's middle half▼ 72.7%€9,321within the sector's middle half▲ 54.0%€16,156within the sector's middle half▲ 73.3%€26,226within the sector's middle half▲ 62.3%€38,001within the sector's middle half▲ 44.9%
Solvency97.9%-99.1%▲ 1.3pp99.2%above the sector's middle half▲ 0.1pp99.1%above the sector's middle half▼ 0.1pp99.1%above the sector's middle half=99.1%above the sector's middle half=99.2%above the sector's middle half▲ 0.1pp99.2%above the sector's middle half▲ 0.1pp
Current ratio3.12-16.12▲ 13.0025.72above the sector's middle half▲ 9.615.99above the sector's middle half▼ 19.749.62above the sector's middle half▲ 3.6317.47above the sector's middle half▲ 7.8542.97above the sector's middle half▲ 25.5197.72above the sector's middle half▲ 54.74
Return on assets (ROA)-1.9%--1.9%=-4.6%below the sector's middle half▼ 2.6pp-5.3%below the sector's middle half▼ 0.7pp-3.8%below the sector's middle half▲ 1.5pp-3.2%within the sector's middle half▲ 0.6pp-2.1%within the sector's middle half▲ 1.1pp-1.9%below the sector's middle half▲ 0.3pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €345,259
Fixed assets €306,865 ▼ 5.6%
Current assets €38,394 ▲ 43.0%
Equity and liabilities €345,259
Equity €342,635 ▼ 1.8%
Debt €2,624 ▼ 8.1%
Debt's share of the balance-sheet total falls from 0.8% to 0.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€11,984▲
2024 · €10,292
Cash flow
€11,775▲
2024 · €10,070
Debt to equity
0.01▼
2024 · 0.01
ROE
-1.9%▲
2024 · -2.1%
Interest coverage
57.22▲
2024 · 46.46
Debt ≤ 1 year
€393▼
2024 · €625
Debt > 1 year
€2,231=
2024 · €2,231
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€351,887€345,259▼
Fixed assets21/28€325,036€306,865▼
Tangible fixed assets22/27€120,524€102,353▼
Land and buildings22€115,733€99,583▼
Plant, machinery and equipment23€4,791€2,770▼
Financial fixed assets28€204,512€204,512=
Current assets29/58€26,851€38,394▲
Current investments50/53€5,086€5,086=
Cash at bank and in hand54/58€21,765€33,308▲
Equity and liabilities
Total equity and liabilities10/49€351,887€345,259▼
Equity10/15€349,032€342,635▼
Contributions10/11€560,239€560,239=
Capital10€560,239€560,239=
Issued capital100€560,239€560,239=
Reserves13€1,859€1,859=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Profit (loss) carried forward14-€213,067-€219,463▼
Amounts payable17/49€2,856€2,624▼
Amounts payable after more than one year17€2,231€2,231=
Other amounts payable178/9€2,231€2,231=
Amounts payable within one year42/48€625€393▼
Trade debts44€212€212=
Suppliers440/4€212€212=
Taxes, remuneration and social security45€413€181▼
Taxes450/3€413€181▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,551€18,171▲
Other operating charges640/8€1,626€1,675▲
Gross operating margin9900€11,917€13,659▲
Operating profit (loss)9901-€7,259-€6,187▲
Financial charges65/66B€222€209▼
Recurring financial charges65€222€209▼
Profit (loss) for the period before taxes9903-€7,481-€6,396▲
Profit (loss) for the period9904-€7,481-€6,396▲
Profit (loss) for the period to be appropriated9905-€7,481-€6,396▲
Appropriation of the result
Profit (loss) to be appropriated9906-€213,067-€219,463▼
Profit (loss) brought forward from the previous period14P-€205,586-€213,067▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,329€19,941€20,066€20,588€18,185€18,292€17,551€18,171▲ 3.5%
Other operating charges640/8---€1,392€1,424€1,558€1,626€1,675▲ 3.0%
Gross operating margin9900€13,716€13,300€3,118€1,796€5,791€8,575€11,917€13,659▲ 14.6%
Operating profit (loss)9901-€8,282-€7,929-€18,328-€20,184-€13,818-€11,274-€7,259-€6,187▲ 14.8%
Recurring financial income75€334--------
Financial charges65/66B---€166€255€182€222€209▼ 5.4%
Recurring financial charges65€556€221€139€166€255€182€222€209▼ 5.4%
Profit (loss) for the period before taxes9903-€8,504-€8,150-€18,467-€20,350-€14,073-€11,456-€7,481-€6,396▲ 14.5%
Profit (loss) for the period9904-€8,504-€8,150-€18,467-€20,350-€14,073-€11,456-€7,481-€6,396▲ 14.5%
Profit (loss) for the period to be appropriated9905-€8,504-€8,150-€18,467-€20,350-€14,073-€11,456-€7,481-€6,396▲ 14.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€438,387€424,627€405,518€385,486€371,281€359,725€351,887€345,259▼ 1.9%
Fixed assets21/28€416,093€399,855€382,485€378,221€360,879€342,587€325,036€306,865▼ 5.6%
Tangible fixed assets22/27€211,581€195,343€177,973€173,709€156,367€138,075€120,524€102,353▼ 15.1%
Land and buildings22---€163,807€147,535€131,264€115,733€99,583▼ 14.0%
Plant, machinery and equipment23---€9,902€8,831€6,811€4,791€2,770▼ 42.2%
Financial fixed assets28€204,512€204,512€204,512€204,512€204,512€204,512€204,512€204,512=
Current assets29/58€22,294€24,772€23,033€7,266€10,402€17,138€26,851€38,394▲ 43.0%
Amounts receivable within one year40/41€3,599€250-------
Current investments50/53----€5,086€5,086€5,086€5,086=
Cash at bank and in hand54/58€18,695€24,522€22,764€6,987€5,316€12,051€21,765€33,308▲ 53.0%
Deferred charges and accrued income490/1---€279-----
Equity and liabilities
Total equity and liabilities10/49€438,387€424,627€405,518€385,486€371,281€359,725€351,887€345,259▼ 1.9%
Equity10/15€429,009€420,859€402,392€382,042€367,969€356,512€349,032€342,635▼ 1.8%
Contributions10/11€560,239€560,239€560,239€560,239€560,239€560,239€560,239€560,239=
Capital10---€560,239--€560,239€560,239=
Issued capital100---€560,239--€560,239€560,239=
Reserves13€1,859€1,859€1,859€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1---€1,859€1,859€1,859€1,859€1,859=
Legal reserve130---€1,859-----
Reserves not available under the articles1311----€1,859€1,859€1,859€1,859=
Distributable reserves133----€0----
Profit (loss) carried forward14-€133,089-€141,240-€159,707-€180,057-€194,130-€205,586-€213,067-€219,463▼ 3.0%
Amounts payable17/49€9,378€3,768€3,126€3,445€3,313€3,212€2,856€2,624▼ 8.1%
Amounts payable after more than one year17€2,231€2,231€2,231€2,231€2,231€2,231€2,231€2,231=
Other amounts payable178/9---€2,231€2,231€2,231€2,231€2,231=
Amounts payable within one year42/48€7,147€1,537€895€1,214€1,082€981€625€393▼ 37.1%
Trade debts44€562€1,462€595€806€642€641€212€212=
Suppliers440/4---€806€642€641€212€212=
Taxes, remuneration and social security45---€407€440€341€413€181▼ 56.1%
Taxes450/3---€407€440€341€413€181▼ 56.1%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€8,504-€8,150-€18,467-€20,350-€14,073-€11,456-€7,481-€6,396▲ 14.5%
+ Depreciation and write-downs630€17,329€19,941€20,066€20,588€18,185€18,292€17,551€18,171▲ 3.5%
Operating cash flow (approximation)€8,825€11,790€1,599€237€4,112€6,835€10,070€11,775▲ 16.9%
Investment in fixed assets (approximation)--€3,703-€2,696-€16,324-€843€0€0€0-
Change in cash-€5,827-€1,757-€15,778-€1,670€6,735€9,714€11,543▲ 18.8%

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

Latest 10 of 38 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 30-07-2026 2026-00368624
31-12-2024 micro format 19-08-2025 2025-00389402
31-12-2023 micro format 22-08-2024 2024-00376921
31-12-2022 micro format 26-07-2023 2023-00280173
31-12-2021 micro format 29-07-2022 2022-20263906
31-12-2020 abbreviated format 26-07-2021 2021-41800182
31-12-2019 abbreviated format 01-07-2020 2020-25400299
31-12-2018 abbreviated format 31-07-2019 2019-42000429
31-12-2017 abbreviated format 29-06-2018 2018-26100283
31-12-2016 abbreviated format 28-07-2017 2017-38900323

Show all 38 filings

Similar companies · same sector, comparable size

Of the 1,546 active companies whose main activity is non-specialised wholesale trade (NACE 46900), figures are known for 922. 667 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 4 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

ECOLOGIC was incorporated on 30 January 1987.1 Total assets fell from €438,387 in 2018 to €345,259 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial Liquidity more than doubledcurrent ratio 97.72
Current ratio from 42.97 to 97.72; short-term debt falls from €625 to €393.
19-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 19 days late
2024
31-12
Financial Liquidity more than doubledcurrent ratio 42.97
Current ratio from 17.47 to 42.97; short-term debt falls from €981 to €625.
22-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 22 days late
2023
26-07
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
29-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Weakest financial yearnet -€20,350
Net result drops to -€20,350, the lowest in the series; recovery starts the following year.
26-07
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2020
01-07
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2019
31-12
Financial Liquidity more than 5 timescurrent ratio 16.12
Current ratio from 3.12 to 16.12; short-term debt falls from €7,147 to €1,537.
31-07
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
29-06
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
28-07
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 38 annual accounts filed, the latest 10 are here; all 38 are under Financials.
0 of 4 deeds read
About the unread acts

We know of 4 Belgian Official 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.

Register details

Identification
Legal formPublic limited company
Founded30-01-1987
Financial year end31-12
Activities, NACEBEL 2025
46900Non-specialised wholesale trade
73200Market research and public opinion polling
E-invoicing
Reachable via Peppol
Peppol ID 0208:0430356930
Also 9925:BE0430356930
Registered 29-12-2025

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

Register as of 26 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1987
registered office establishment The establishment unit on the map
Ground area
1,435 m²
Building footprint
1,235 m²
Building volume
25,323 m³
2 parcels, Flanders · tallest building 28.7 m. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
HERSO-TRADING
Frankrijklei 38, 2000 AntwerpenNon-specialised wholesale trade
since 1987unit no. 2.033.579.363
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
11803C0012/00C002 Flanders 974 m² 1 · 965 m² 28.6 m · 8
11002A2338/00E000 Flanders 460 m² 1 · 270 m² 19.0 m · 5
How the parcels are linked
Good to know
Both parcels match the address exactly.