ECONECTIC
ActiveSummary
ECONECTIC has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-4k) and a net result of €-1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability14▲+2
Solvency11▼-4
Growth22=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.83 against 0.87 in 2024; short-term debt: 113.9% and cash: 1.3% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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 2025Solvency, return and age of the figures
Solvency
-13.9%
Return on assets
-3.9%
Age of the figures
9 mo
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-08-2026, 23 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 · 10 filingsDeviation from the deadline
2025
23 d late
2024
30 d early
2023
19 d late
2022
25 d late
2021
25 d late
2020
23 d late
2019
122 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€23k▼ 71.9%
2018 · €81k
2018: €81k
2019: €23k▼ -71.9% vs 2018
2018 → 2019
EBIT margin
-58.0%▼ 65.9pp
2018 · 7.9%
2018: 7.9%
2019: -58.0%▼ -836% vs 2018
2018 → 2019
Net result
€-1k▲ 27.0%
2024 · €-2k
2018: €5k
2019: €-13k▼ -360% vs 2018
2020: €-18k▼ -34.1% vs 2019lowest in 8 years
2021: €6k▲ +134% vs 2020highest in 8 years
2022: €2k▼ -65.5% vs 2021
2023: €2k▼ -27.0% vs 2022
2024: €-2k▼ -209% vs 2023
2025: €-1k▲ +27.0% vs 2024
2018 → 2025
Working capital
€-6k▼ 40.2%
2024 · €-4k
2018: €6k
2019: €29k▲ +388% vs 2018highest in 8 years
2020: €-13k▼ -146% vs 2019lowest in 8 years
2021: €-8k▲ +40.1% vs 2020
2022: €-5k▲ +33.3% vs 2021
2023: €-3k▲ +39.5% vs 2022
2024: €-4k▼ -33.1% vs 2023
2025: €-6k▼ -40.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-5k-€-3k▲ 41.3%€-1k▲ 51.4%€-3k▼ 115%€-4k▼ 39.1%
2021: €-5klowest in 5 years
2022: €-3k▲ +41.3% vs 2021
2023: €-1k▲ +51.4% vs 2022highest in 5 years
2024: €-3k▼ -115% vs 2023
2025: €-4k▼ -39.1% vs 2024
Operating result€6k-€2k▼ 64.4%€2k▼ 26.7%€-1k€-1k▲ 26.6%
2021: €6khighest in 5 years
2022: €2k▼ -64.4% vs 2021
2023: €2k▼ -26.7% vs 2022
2024: €-1k▼ -191% vs 2023lowest in 5 years
2025: €-1k▲ +26.6% vs 2024
Net result€6k-€2k▼ 65.5%€2k▼ 27.0%€-2k€-1k▲ 27.0%
2021: €6khighest in 5 years
2022: €2k▼ -65.5% vs 2021
2023: €2k▼ -27.0% vs 2022
2024: €-2k▼ -209% vs 2023lowest in 5 years
2025: €-1k▲ +27.0% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €1k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31k
Fixed assets
€2k ▲ 42.9%
Current assets
€29k ▲ 2.4%
Key figures and ratios
EBITDA
€-226▲
2024 · €-857
Cash flow
€-374▲
2024 · €-1k
Solvency
-13.9%▼
2024 · -10.4%
Current ratio
0.83▼
2024 · 0.87
Quick ratio
0.55▼
2024 · 0.56
Debt to equity
-8.19▲
2024 · -10.61
ROA
-3.9%▲
2024 · -5.6%
Interest coverage
-1.52▲
2024 · -4.06
Debt
€35k▲
2024 · €33k
Debt ≤ 1 year
€35k▲
2024 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€30k€31k▲
Fixed assets21/28€1k€2k▲
Tangible fixed assets22/27€829€1k▲
Plant, machinery and equipment23€829€1k▲
Financial fixed assets28€372€372=
Current assets29/58€28k€29k▲
Amounts receivable after more than one year29€50€50=
Trade receivables290€50€50=
Stocks and contracts in progress3€10k€10k=
Stocks30/36€10k€10k=
Amounts receivable within one year40/41€18k€18k▲
Trade receivables40€16k€17k▲
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€295€412▲
Deferred charges and accrued income490/1€197€467▲
Equity and liabilities
Total equity and liabilities10/49€30k€31k▲
Equity10/15€-3k€-4k▼
Contributions10/11€6k€6k=
Reserves13€7k€7k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€-16k€-18k▼
Amounts payable17/49€33k€35k▲
Amounts payable within one year42/48€33k€35k▲
Trade debts44€201€1k▲
Suppliers440/4€201€1k▲
Taxes, remuneration and social security45€34€102▲
Taxes450/3€34€102▲
Other amounts payable47/48€33k€34k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€587€835▲
Other operating charges640/8€266€236▼
Gross operating margin9900€-591€10▲
Operating profit (loss)9901€-1k€-1k▲
Financial charges65/66B€211€148▼
Recurring financial charges65€211€148▼
Profit (loss) for the period before taxes9903€-2k€-1k▲
Profit (loss) for the period9904€-2k€-1k▲
Profit (loss) for the period to be appropriated9905€-2k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-18k▼
Profit (loss) brought forward from the previous period14P€-15k€-16k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €587 | €587 | €587 | €835 | ▲ 42.1% |
| Other operating charges640/8 | €385 | €236 | €236 | €266 | €236 | ▼ 11.3% |
| Gross operating margin9900 | €9k | €3k | €2k | €-591 | €10 | ▲ 102% |
| Operating profit (loss)9901 | €6k | €2k | €2k | €-1k | €-1k | ▲ 26.6% |
| Financial charges65/66B | €82 | €95 | €74 | €211 | €148 | ▼ 29.7% |
| Recurring financial charges65 | €82 | €95 | €74 | €211 | €148 | ▼ 29.7% |
| Profit (loss) for the period before taxes9903 | €6k | €2k | €2k | €-2k | €-1k | ▲ 27.0% |
| Profit (loss) for the period9904 | €6k | €2k | €2k | €-2k | €-1k | ▲ 27.0% |
| Profit (loss) for the period to be appropriated9905 | €6k | €2k | €2k | €-2k | €-1k | ▲ 27.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36k | €32k | €31k | €30k | €31k | ▲ 4.1% |
| Fixed assets21/28 | €3k | €2k | €2k | €1k | €2k | ▲ 42.9% |
| Tangible fixed assets22/27 | €3k | €2k | €1k | €829 | €1k | ▲ 62.2% |
| Plant, machinery and equipment23 | - | - | €1k | €829 | €1k | ▲ 62.2% |
| Furniture and vehicles24 | €3k | €2k | - | - | - | - |
| Financial fixed assets28 | €372 | €372 | €372 | €372 | €372 | = |
| Current assets29/58 | €33k | €29k | €29k | €28k | €29k | ▲ 2.4% |
| Amounts receivable after more than one year29 | €50 | €50 | €50 | €50 | €50 | = |
| Trade receivables290 | €50 | €50 | €50 | €50 | €50 | = |
| Stocks and contracts in progress3 | €10k | €10k | €10k | €10k | €10k | = |
| Stocks30/36 | €10k | €10k | €10k | €10k | €10k | = |
| Amounts receivable within one year40/41 | €18k | €19k | €17k | €18k | €18k | ▲ 1.7% |
| Trade receivables40 | €17k | €17k | €16k | €16k | €17k | ▲ 5.6% |
| Other amounts receivable41 | €2k | €2k | €2k | €2k | €1k | ▼ 29.2% |
| Cash at bank and in hand54/58 | €4k | €8 | €1k | €295 | €412 | ▲ 39.6% |
| Deferred charges and accrued income490/1 | - | - | €192 | €197 | €467 | ▲ 138% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36k | €32k | €31k | €30k | €31k | ▲ 4.1% |
| Equity10/15 | €-5k | €-3k | €-1k | €-3k | €-4k | ▼ 39.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €7k | €7k | €7k | €7k | €7k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €5k | €5k | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €-18k | €-16k | €-15k | €-16k | €-18k | ▼ 7.4% |
| Amounts payable17/49 | €41k | €35k | €32k | €33k | €35k | ▲ 7.4% |
| Amounts payable within one year42/48 | €41k | €35k | €32k | €33k | €35k | ▲ 7.4% |
| Trade debts44 | €3k | €1k | €208 | €201 | €1k | ▲ 629% |
| Suppliers440/4 | €3k | €1k | €208 | €201 | €1k | ▲ 629% |
| Advances received on contracts in progress46 | - | - | €370 | - | - | - |
| Taxes, remuneration and social security45 | €34 | €34 | €34 | €34 | €102 | ▲ 198% |
| Taxes450/3 | €34 | €34 | €34 | €34 | €102 | ▲ 198% |
| Other amounts payable47/48 | €38k | €33k | €31k | €33k | €34k | ▲ 3.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €2k | €2k | €-2k | €-1k | ▲ 27.0% |
| + Depreciation and write-downs630 | €2k | €587 | €587 | €587 | €835 | ▲ 42.1% |
| Operating cash flow (approximation) | €8k | €3k | €2k | €-1k | €-374 | ▲ 65.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-1k | - |
| Change in cash | - | €-4k | €1k | €-761 | €117 | ▲ 115% |
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
23-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 23 days late
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Liquidity times 11current ratio 13.64
Current ratio from 1.19 to 13.64; short-term debt falls from €32k to €2k.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB 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.
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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, Genappe · 1 establishment unit since 2010
Ground area
1,022 m²
Building footprint
108 m²
Parcel 25003F0052/00C000, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ECONECTIC
since 20102.184.823.149
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25003F0052/00C000 | Wallonia | 1,022 m² | 1 · 108 m² | - |
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.
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 4,408 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 (pre-2019)
Founded18-01-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
Contact
E-mail
christophe.van.belle@skynet.beGenappe
Phone
067/638900Genappe
Scores and ratios are computed by Checked and are not a credit decision.