ECOMATIC
ActiveSummary
ECOMATIC has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €305,101 and a net result of -€24,981. Equity is growing by about 6.1% per year across the filed financial years. Its solvency ranks better than 75% of 9,810 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Financials · financial year 2025, abbreviated format
Equity
€305,101▼ 7.6%
2024 · €330,082
Total assets
€461,370▲ 1.7%
2024 · €453,543
Net result
-€24,981
2024 · €7,425
Working capital
-€101,544▼ 59.1%
2024 · -€63,814
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €18,449 in 2025 against €35,918 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-€18,449
2025
Net result-€24,981
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€461,370
2025
Equity€305,101
2025
Debt€156,269
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€101,544
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-5.4%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency66.1%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.34
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)1
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: 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), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€46,682-€66,303▲ 42.0%€15,724▼ 76.3%€31,374▲ 99.5%-€7,985-€35,918▼ 350%-€18,449▲ 48.6%
Net result€26,039-€35,941within the sector's middle half▲ 38.0%€8,558within the sector's middle half▼ 76.2%€16,434within the sector's middle half▲ 92.0%€36,538within the sector's middle half▲ 122%€7,425within the sector's middle half▼ 79.7%-€24,981below the sector's middle half
Equity€225,187-€261,127within the sector's middle half▲ 16.0%€269,685within the sector's middle half▲ 3.3%€286,119within the sector's middle half▲ 6.1%€322,657within the sector's middle half▲ 12.8%€330,082within the sector's middle half▲ 2.3%€305,101within the sector's middle half▼ 7.6%
Total assets€473,793-€495,215within the sector's middle half▲ 4.5%€486,222within the sector's middle half▼ 1.8%€487,505within the sector's middle half▲ 0.3%€499,670within the sector's middle half▲ 2.5%€453,543within the sector's middle half▼ 9.2%€461,370within the sector's middle half▲ 1.7%
Debt€248,606-€234,088▼ 5.8%€216,537▼ 7.5%€201,386▼ 7.0%€177,013▼ 12.1%€123,461▼ 30.3%€156,269▲ 26.6%
Working capital-€185,813--€150,257below the sector's middle half▲ 19.1%-€147,013below the sector's middle half▲ 2.2%-€85,194below the sector's middle half▲ 42.1%-€58,968below the sector's middle half▲ 30.8%-€63,814below the sector's middle half▼ 8.2%-€101,544below the sector's middle half▼ 59.1%
Solvency47.5%-52.7%within the sector's middle half▲ 5.2pp55.5%within the sector's middle half▲ 2.7pp58.7%within the sector's middle half▲ 3.2pp64.6%above the sector's middle half▲ 5.9pp72.8%above the sector's middle half▲ 8.2pp66.1%above the sector's middle half▼ 6.6pp
Current ratio0.25-0.36below the sector's middle half▲ 0.110.32below the sector's middle half▼ 0.040.46below the sector's middle half▲ 0.140.60below the sector's middle half▲ 0.140.40below the sector's middle half▼ 0.200.34below the sector's middle half▼ 0.07
Return on assets (ROA)5.5%-7.3%within the sector's middle half▲ 1.8pp1.8%within the sector's middle half▼ 5.5pp3.4%within the sector's middle half▲ 1.6pp7.3%within the sector's middle half▲ 3.9pp1.6%within the sector's middle half▼ 5.7pp-5.4%below the sector's middle half▼ 7.1pp
Staff (FTE)0.8-0.8below the sector's middle half=0.8below the sector's middle half=0.8below the sector's middle half=0.8below the sector's middle half=0.9below the sector's middle half▲ 12.5%1below the sector's middle half▲ 11.1%
above
within
below
the middle half of NACE 43, Specialised construction activities: 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 format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €461,370
Fixed assets
€410,000 ▼ 0.1%
Current assets
€51,370 ▲ 19.5%
Equity and liabilities €461,370
Equity
€305,101 ▼ 7.6%
Debt
€156,269 ▲ 26.6%
Debt's share of the balance-sheet total rises from 27.2% to 33.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€18,241▲
2024 · -€34,709
Cash flow
-€24,772▼
2024 · €8,634
Quick ratio
0.19▼
2024 · 0.20
Debt to equity
0.51▲
2024 · 0.37
ROE
-8.2%▼
2024 · 2.2%
Interest coverage
-2.68▲
2024 · -5.29
Debt ≤ 1 year
€152,914▲
2024 · €106,798
Debt > 1 year
€3,355▼
2024 · €16,663
Income taxes
€183▼
2024 · €921
Staff costs
€36,537▼
2024 · €48,705
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €4,470 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €34,992 | €41,537 | €48,705 | €36,537 | ▼ 25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €250 | €85 | €1,722 | €2,639 | €2,641 | €1,209 | €209 | ▼ 82.7% |
| Other operating charges640/8 | - | - | - | €785 | €1,478 | €2,122 | €1,875 | ▼ 11.6% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €4,039 | - |
| Gross operating margin9900 | €92,814 | €102,322 | €48,350 | €69,791 | €37,672 | €16,118 | €24,211 | ▲ 50.2% |
| Operating profit (loss)9901 | €46,682 | €66,303 | €15,724 | €31,374 | -€7,985 | -€35,918 | -€18,449 | ▲ 48.6% |
| Financial income75/76B | - | - | - | €944 | €50,981 | €50,829 | €461 | ▼ 99.1% |
| Recurring financial income75 | €595 | €149 | €1,179 | €944 | €50,981 | €50,829 | €461 | ▼ 99.1% |
| Financial charges65/66B | - | - | - | €2,013 | €2,804 | €6,565 | €6,810 | ▲ 3.7% |
| Recurring financial charges65 | €4,707 | €6,622 | €3,967 | €2,013 | €2,804 | €6,565 | €6,810 | ▲ 3.7% |
| Profit (loss) for the period before taxes9903 | €42,570 | €59,831 | €12,936 | €30,304 | €40,192 | €8,346 | -€24,798 | - |
| Income taxes67/77 | €16,531 | €23,890 | €4,378 | €13,871 | €3,654 | €921 | €183 | ▼ 80.2% |
| Profit (loss) for the period9904 | €26,039 | €35,941 | €8,558 | €16,434 | €36,538 | €7,425 | -€24,981 | - |
| Transfer from tax-exempt reserves789 | - | - | - | €18,750 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €26,039 | €35,941 | €8,558 | €35,184 | €36,538 | €7,425 | -€24,981 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €473,793 | €495,215 | €486,222 | €487,505 | €499,670 | €453,543 | €461,370 | ▲ 1.7% |
| Fixed assets21/28 | €411,000 | €411,384 | €416,698 | €414,059 | €411,418 | €410,559 | €410,000 | ▼ 0.1% |
| Tangible fixed assets22/27 | €1,000 | €1,384 | €6,698 | €4,059 | €1,418 | €209 | - | - |
| Plant, machinery and equipment23 | - | - | - | €796 | €503 | €209 | - | - |
| Furniture and vehicles24 | - | - | - | €3,263 | €915 | - | - | - |
| Financial fixed assets28 | €410,000 | €410,000 | €410,000 | €410,000 | €410,000 | €410,350 | €410,000 | ▼ 0.1% |
| Current assets29/58 | €62,793 | €83,831 | €69,524 | €73,446 | €88,252 | €42,984 | €51,370 | ▲ 19.5% |
| Stocks and contracts in progress3 | €29,600 | €20,792 | €18,902 | €21,013 | €21,475 | €22,118 | €21,759 | ▼ 1.6% |
| Stocks30/36 | - | - | - | €21,013 | €21,475 | €22,118 | €21,759 | ▼ 1.6% |
| Amounts receivable within one year40/41 | €18,700 | €51,425 | €45,818 | €45,007 | €63,351 | €19,449 | €28,587 | ▲ 47.0% |
| Trade receivables40 | - | - | - | €30,268 | €47,736 | €1,968 | €22,902 | ▲ 12× |
| Other amounts receivable41 | - | - | - | €14,739 | €15,615 | €17,481 | €5,685 | ▼ 67.5% |
| Cash at bank and in hand54/58 | €14,124 | €9,074 | €2,482 | €4,756 | €894 | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €2,670 | €2,532 | €1,417 | €1,024 | ▼ 27.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €473,793 | €495,215 | €486,222 | €487,505 | €499,670 | €453,543 | €461,370 | ▲ 1.7% |
| Equity10/15 | €225,187 | €261,127 | €269,685 | €286,119 | €322,657 | €330,082 | €305,101 | ▼ 7.6% |
| Contributions10/11 | €8,000 | - | - | €8,000 | €8,000 | €8,000 | €8,000 | = |
| Reserves13 | €217,187 | €253,127 | €261,685 | €278,119 | €314,657 | €322,082 | €297,101 | ▼ 7.8% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €276,259 | €312,797 | €320,222 | €295,241 | ▼ 7.8% |
| Amounts payable17/49 | €248,606 | €234,088 | €216,537 | €201,386 | €177,013 | €123,461 | €156,269 | ▲ 26.6% |
| Amounts payable after more than one year17 | - | - | - | €42,746 | €29,792 | €16,663 | €3,355 | ▼ 79.9% |
| Financial debts170/4 | - | - | - | €42,746 | €29,792 | €16,663 | €3,355 | ▼ 79.9% |
| Amounts payable within one year42/48 | €248,606 | €234,088 | €216,537 | €158,640 | €147,221 | €106,798 | €152,914 | ▲ 43.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €12,781 | €12,954 | €16,119 | €14,252 | ▼ 11.6% |
| Financial debts43 | - | - | - | - | €15,291 | €9,308 | €5,045 | ▼ 45.8% |
| Credit institutions430/8 | - | - | - | - | €15,291 | €9,308 | €5,045 | ▼ 45.8% |
| Trade debts44 | €52,414 | €11,202 | €7,569 | €12,184 | €12,282 | €13,043 | €11,925 | ▼ 8.6% |
| Suppliers440/4 | - | - | - | €12,184 | €12,282 | €13,043 | €11,925 | ▼ 8.6% |
| Taxes, remuneration and social security45 | - | - | - | €20,945 | €12,422 | €22,403 | €8,251 | ▼ 63.2% |
| Taxes450/3 | - | - | - | €16,327 | €5,960 | €6,529 | €838 | ▼ 87.2% |
| Remuneration and social security454/9 | - | - | - | €4,619 | €6,461 | €15,874 | €7,413 | ▼ 53.3% |
| Other amounts payable47/48 | - | - | - | €112,730 | €94,271 | €45,924 | €113,440 | ▲ 147% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,039 | €35,941 | €8,558 | €16,434 | €36,538 | €7,425 | -€24,981 | - |
| + Depreciation and write-downs630 | €250 | €85 | €1,722 | €2,639 | €2,641 | €1,209 | €209 | ▼ 82.7% |
| Operating cash flow (approximation) | €26,289 | €36,026 | €10,280 | €19,073 | €39,180 | €8,634 | -€24,772 | - |
| Investment in fixed assets (approximation) | - | -€469 | -€7,037 | €0 | €0 | -€350 | €350 | - |
| Change in cash | - | -€5,050 | -€6,592 | €2,275 | -€3,863 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | abbreviated format | 31-03-2026 | 2026-00073220 |
| 30-09-2024 | abbreviated format | 19-03-2025 | 2025-00052681 |
| 30-09-2023 | abbreviated format | 04-03-2024 | 2024-00041574 |
| 30-09-2022 | abbreviated format | 05-04-2023 | 2023-00054300 |
| 30-09-2021 | abbreviated format | 21-03-2022 | 2022-08100195 |
| 30-09-2020 | abbreviated format | 29-04-2021 | 2021-11900512 |
| 30-09-2019 | abbreviated format | 30-04-2020 | 2020-11200032 |
| 30-09-2018 | abbreviated format | 18-04-2019 | 2019-10300087 |
| 30-09-2017 | abbreviated format | 11-04-2018 | 2018-09600042 |
| 30-09-2016 | abbreviated format | 28-04-2017 | 2017-10800526 |
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Of the 7,007 active companies whose main activity is plumbing work (NACE 43221), figures are known for 3,558. 2,709 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.