Equity
€116,691 ▼ 3.1%
ECON3 paid out €113,530 in dividends. That is 103% of the 2025 profit.
ECON3
Lifetime
5 annual accounts with figures on one time axispeak €454,526 (2022)
€403,898▲ 78.7%
lowest -€78,994 (2024)
€109,818▲ €188,812
peak €199,396 (2023)
€116,691▼ 3.1%
€330,178▲ 2.5%
peak 5.3 FTE (2022)
3.9 FTE
Board5 names since 2021
2 directorsJan Valeer Madeleine VAN DROOGENBROECK and 1 other
Documentsfilings and deeds
25-06-202636 days before the deadline
2025abbreviated format
Gross margin from €225,979 to €403,898Back to profit: €109,818Resignation: Joan Colyn (director) 16-10Dividend €113,530Cash from €22,852 to €104,281
Key points
from the 2025 annual accountsResult
€109,818 €109,818
Back in profit in 2025, after a loss of €78,994 in 2024.
Turnover
≈ €1.2m estimated
The accounts state no turnover.
Debts
€330,178 74% of the balance sheet
Financial debts 45%Suppliers 11%Taxes and wages 11%Other 34%
Of this, €182,776 falls due within a year.
Staff
4 employees on 31-12-2025
In 2025, 1 person joined and 2 left.
Filings
5 annual accounts 3 late
The 2022 accounts came latest: 21 days after the end of the period.
Checked score
69
Healthy
Financially stronger than 50% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%
01-2025: 1.1%● unchanged vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.1%● unchanged vs 03-2025
05-2025: 1.2%▲ +0.1 percentage points vs 04-2025
06-2025: 1.5%▲ +0.3 percentage points vs 05-2025
07-2025: 1.6%▲ +0.1 percentage points vs 06-2025
08-2025: 2.3%▲ +0.7 percentage points vs 07-2025highest value
09-2025: 1.1%▼ -1.2 percentage points vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.3%▲ +0.2 percentage points vs 03-2026
05-2026: 1.3%● unchanged vs 04-2026
06-2026: 1.3%● unchanged vs 05-2026
07-2026: 0.7%▼ -0.6 percentage points vs 06-2026lowest value
08-2026: 0.7%● unchanged vs 07-2026lowest value
09-2026: 0.7%● unchanged vs 08-2026lowest value
10-2026: 0.8%▲ +0.1 percentage points vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2021
Size: 3.9 FTE, total assets €446,868
lowers risk
Liquidity: current ratio 1.42, cash €104,281
Figures for financial year 2025 (filed on 25-06-2026)
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 28% of them on solvency, 57% on liquidity, 85% on profitability and 30% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as ECON3 has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ECON3 itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for ECON3. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.42 (1.44 in 2024), below the usual 1.5. Short-term debt is 40.9% and cash 23.3% of total assets. 73.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 25-06-2026, 36 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
36 days early
2024
14 days late
2023
33 days early
2022
21 days late
2021
12 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 4 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 12 August (4 of the last 5 accounts filed within 44 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VAN DROOGENBROECK Jan 248 sharesdeed of 16-10-2025
- VAN DAMME Joris 124 sharesdeed of 16-10-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0766440748
Resignation: Joan Colyn (director)
VAN DROOGENBROECK Jan holds 248 shares · VAN DAMME Joris holds 124 shares · 372 shares · General meeting of 07-10-2025 · Gazette deed
3 directors appointed
Joris VAN DAMME, Jan VAN DROOGENBROECK and Joan COLYN · Board meeting of 14-06-2021 · Gazette deed
Demerger: ECON3 splits off to ECON3 bis
Company renamed from ECON3 bis to ECON3 · Issue of 186 shares · Joris Van Damme holds 62 shares · General meeting of 31-05-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ECON3 Leuven | €446,868 | €403,898 | 26.1% | 3.9 |
| FIRE PROTECT BELGIUM Lennik | €575,194 | €410,222 | 37.8% | 2.3 |
| ESTIA FIRES Braine-l'Alleud | €463,998 | €366,799 | 23.5% | 3.8 |
| Annecour Groep Temse | €510,968 | €462,134 | 69.0% | 4 |
| BEL POWER Woluwe-Saint-Lambert | €431,750 | €344,064 | 27.7% | 3.8 |
| GEBROERS CAPPUYNS Riemst | €551,081 | €432,584 | 73.4% | 6.1 |
| AB TRANSFORMATION & RENOVATION Charleroi | €518,089 | €435,554 | 17.3% | 5.8 |
These companies have the same main activity as ECON3: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €432,000 and €575,000, founded between 2018 and 2022.
Official details
Source: KBO- Status
- Active since 07-04-2021Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 1 other
- Joint committees
- 200Auxiliary committee for white-collar workers
- 124Construction · annual accounts 2023
- Establishment unit
- 2.315.942.0093018 Leuven, since 07-04-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2026
Annual accounts 2025
- €446,868▲ 1.0%
- Employeeson 31-12-2025
- 4▼ 20.0%
- Filing
- Filed on 25-06-2026, 36 days before the end of the filing period
Insights on ECON3
ECON3 files the abbreviated format. That format states no turnover. The gross margin rose from €360,378 in 2021 to €403,898 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ECON3
- What is the company number of ECON3?
- The company number of ECON3 is 0766.440.748. The VAT number is the same number with BE in front: BE 0766.440.748.
- Where is ECON3 based?
- The registered office is at Acht-Meistraat 39, 3018 Leuven.Company details
- What does ECON3 do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of ECON3?
- ECON3 is a private limited company (BV).
- When was ECON3 founded?
- ECON3 was founded on 07-04-2021.
- Is ECON3 still active?
- Yes, ECON3 is an active enterprise in the KBO register.
- How many employees does ECON3 have?
- ECON3 had an average of 3.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ECON3 fall under?
- In its 2023 annual accounts, ECON3 states joint committees 200 (Auxiliary committee for white-collar workers) and 124 (Construction).
- What is the turnover of ECON3?
- The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €403,898 and 34 comparable companies (NACE 43990). It probably lies between €770,000 and €1.6m.
- Is ECON3 profitable?
- In financial year 2025, ECON3 made a profit of €109,818.
- Where can I find the annual accounts of ECON3?
- ECON3 filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ECON3 due?
- ECON3 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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