ECONEX
ActiveECONEX has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.34M and a net result of €310k. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 58% of 7866 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
96
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+11
Solvency96▲+6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 2.87 against 2.42 in 2024), and 48.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
51.9%
Return on assets
12%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
6 d early
2023
12 d early
2022
5 d early
2021
4 d early
2020
4 d early
2019
8 d early
← before the deadline
after the deadline →
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
10-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.34M▲ 19.1%
2024 · €1.13M
2018: €136k
2019: €411k
2020: €752k
2021: €976k
2022: €891k
2023: €1.01M
2024: €1.13M
2018 → 2025
Total assets
€2.59M▲ 1.8%
2024 · €2.54M
2018: €732k
2019: €1.85M
2020: €2.09M
2021: €2.04M
2022: €2.09M
2023: €2.31M
2024: €2.54M
2018 → 2025
Net result
€310k▲ 54.2%
2024 · €201k
2018: €80k
2019: €274k
2020: €341k
2021: €225k
2022: €-86k
2023: €118k
2024: €201k
2018 → 2025
Working capital
€1.34M▲ 15.6%
2024 · €1.16M
2018: €85k
2019: €461k
2020: €788k
2021: €991k
2022: €906k
2023: €1.08M
2024: €1.16M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€976k-€891k▼ 8.8%€1.01M▲ 13.2%€1.13M▲ 11.9%€1.34M▲ 19.1%
Operating result€542k-€72k▼ 86.7%€312k▲ 334%€479k▲ 53.4%€618k▲ 29.0%
Net result€225k-€-86k€118k€201k▲ 70.3%€310k▲ 54.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 29% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.59M
Fixed assets
€535k▼ 5.6%
Current assets
€2.05M▲ 4.0%
Equity and liabilities €2.59M
Equity
€1.34M▲ 19.1%
Provisions
€41k▼ 7.1%
Debt
€1.21M▼ 12.1%
The debt ratio falls from 53.9% to 46.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€646k▲
2024 · €509k
Cash flow
€338k▲
2024 · €231k
Solvency
51.9%▲
2024 · 44.4%
Current ratio
2.87▲
2024 · 2.42
Quick ratio
1.15▼
2024 · 1.27
Debt / equity
0.90▼
2024 · 1.21
ROE
23.1%▲
2024 · 17.8%
ROA
12.0%▲
2024 · 7.9%
Interest coverage
2.86▲
2024 · 2.68
Debt
€1.21M▼
2024 · €1.37M
Debt ≤ 1 year
€715k▼
2024 · €818k
Debt > 1 year
€489k▼
2024 · €553k
Income taxes
€107k▲
2024 · €96k
Staff costs
€363k▲
2024 · €290k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.54M€2.59M▲
Fixed assets21/28€567k€535k▼
Tangible fixed assets22/27€567k€535k▼
Land and buildings22€562k€535k▼
Plant, machinery and equipment23€913€0▼
Furniture and vehicles24€4k€0▼
Financial fixed assets28€280€280=
Current assets29/58€1.98M€2.05M▲
Stocks and contracts in progress3€941k€1.23M▲
Stocks30/36€941k€1.23M▲
Amounts receivable within one year40/41€353k€397k▲
Trade receivables40€311k€330k▲
Other amounts receivable41€42k€67k▲
Current investments50/53€226k€202k▼
Cash at bank and in hand54/58€123k€88k▼
Deferred charges and accrued income490/1€333k€135k▼
Equity and liabilities
Total equity and liabilities10/49€2.54M€2.59M▲
Equity10/15€1.13M€1.34M▲
Contributions10/11€20k€20k=
Reserves13€1.11M€1.00M▼
Non-distributable reserves130/1€125k€125k=
Reserves not available under the articles1311€125k-
Own shares acquired1312-€125k
Tax-exempt reserves132€133k€123k▼
Distributable reserves133€851k€757k▼
Profit (loss) carried forward14-€319k
Provisions and deferred taxes16€44k€41k▼
Deferred taxes168€44k€41k▼
Amounts payable17/49€1.37M€1.21M▼
Amounts payable after more than one year17€553k€489k▼
Financial debts170/4€553k€489k▼
Amounts payable within one year42/48€818k€715k▼
Current portion of amounts payable after more than one year42€117k€164k▲
Financial debts43€4k€2k▼
Credit institutions430/8€4k€2k▼
Trade debts44€539k€469k▼
Suppliers440/4€539k€469k▼
Taxes, remuneration and social security45€151k€79k▼
Taxes450/3€98k€41k▼
Remuneration and social security454/9€53k€38k▼
Other amounts payable47/48€7k€2k▼
Accrued charges and deferred income492/3-€636
Income statement
Code20242025
Remuneration, social security and pensions62€290k€363k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€28k▼
Other operating charges640/8€12k€14k▲
Gross operating margin9900€811k€1.02M▲
Operating profit (loss)9901€479k€618k▲
Financial income75/76B€5k€22k▲
Recurring financial income75€5k€22k▲
Financial charges65/66B€190k€225k▲
Recurring financial charges65€190k€225k▲
Profit (loss) for the period before taxes9903€294k€415k▲
Transfer from deferred taxes780€3k€3k=
Income taxes67/77€96k€107k▲
Profit (loss) for the period9904€201k€310k▲
Transfer from tax-exempt reserves789€9k€9k=
Profit (loss) for the period to be appropriated9905€211k€320k▲
Appropriation of the result
Profit (loss) to be appropriated9906€211k€320k▲
Transfer from equity791/2€80k€94k▲
Transfer to equity691/2€210k€0▼
To other reserves6921€210k€0▼
Profit to be distributed694/7€81k€95k▲
Return on contributions (dividend)694€81k€95k▲
Social balance
Average headcount (FTE)90876.76.5▼
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €118k
Net result €118k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.01M ▲13.2%
Equity rises from €891k to €1.01M.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-86k ▼138%
Net result drops to €-86k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €341k ▲24.3%
Operating result €692k, net result €341k, both a record.
31-12
Financial
Equity above €500kEq €752k ▲83%
3 profitable years in a row build equity to €752k.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €411k ▲201%
2 profitable years in a row build equity to €411k.
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 9 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 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, Zottegem · 1 establishment unit since 2000
Ground area
4,984 m²
Building footprint
2,342 m²
Parcel 41013B0111/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
COZII
since 20002.099.345.759
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41013B0111/00D000 | Flanders | 4,984 m² | 1 · 2,342 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 191 companies in sector 46421 we hold annual accounts for 128. 77 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-01-2000
Fiscal year end31-12
Activities, NACEBEL
46421Wholesale trade
46442Wholesale trade
51442
46620Wholesale of machine tools
46831Wholesale of construction materials, general range
46839Wholesale trade
46841Wholesale trade
47783Retail trade
47784Retail trade
52488
74700
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 09-09-2026. Scores and ratios are computed by Checked and are not a credit decision.