ECONOBEL
ActiveECONOBEL has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €105k and a net result of €3k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 80% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability24▼-62
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.99 against 3.99 in 2024; short-term debt: 25.1% and cash: 0.2% of total assets), and 25.1% 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
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
74.9%
Return on assets
2.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-12-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
42 d early
2023
43 d early
2022
40 d early
2021
39 d early
2020
39 d early
2019
24 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€105k▲ 3.4%
2024 · €102k
2019: €59k
2020: €72k
2021: €69k
2022: €83k
2023: €83k
2024: €102k
2019 → 2025
Total assets
€140k▲ 3.4%
2024 · €136k
2019: €76k
2020: €91k
2021: €96k
2022: €111k
2023: €118k
2024: €136k
2019 → 2025
Net result
€3k▼ 81.9%
2024 · €19k
2019: €-24k
2020: €12k
2021: €-3k
2022: €14k
2023: €236
2024: €19k
2019 → 2025
Working capital
€105k▲ 3.4%
2024 · €102k
2019: €59k
2020: €71k
2021: €69k
2022: €83k
2023: €83k
2024: €102k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€69k-€83k▲ 19.9%€83k▲ 0.3%€102k▲ 22.8%€105k▲ 3.4%
Operating result€3k-€14k▲ 407%€6k▼ 58.9%€21k▲ 268%€3k▼ 86.2%
Net result€-3k-€14k€236▼ 98.3%€19k▲ 7,892%€3k▼ 81.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 86% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140k
Fixed assets
€193▼ 30.8%
Current assets
€140k▲ 3.5%
Equity and liabilities €140k
Equity
€105k▲ 3.4%
Debt
€35k▲ 3.7%
The debt ratio rises from 25.0% to 25.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3k▼
2024 · €21k
Cash flow
€4k▼
2024 · €19k
Solvency
74.9%▼
2024 · 75.0%
Current ratio
3.99▼
2024 · 3.99
Quick ratio
3.99▼
2024 · 3.99
Debt / equity
0.33▲
2024 · 0.33
ROE
3.2%▼
2024 · 18.6%
ROA
2.4%▼
2024 · 13.9%
Interest coverage
0.29▼
2024 · 7.73
Debt
€35k▲
2024 · €34k
Debt ≤ 1 year
€35k▲
2024 · €34k
Income taxes
€4k▼
2024 · €7k
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€136k€140k▲
Fixed assets21/28€279€193▼
Tangible fixed assets22/27€279€193▼
Plant, machinery and equipment23€279€193▼
Current assets29/58€135k€140k▲
Amounts receivable within one year40/41€2k€2k▼
Trade receivables40€2k€1k▼
Other amounts receivable41€460€360▼
Current investments50/53€132k€138k▲
Cash at bank and in hand54/58€2k€347▼
Equity and liabilities
Total equity and liabilities10/49€136k€140k▲
Equity10/15€102k€105k▲
Contributions10/11€19k€19k=
Reserves13€80k€87k▲
Distributable reserves133€80k€87k▲
Profit (loss) carried forward14€3k€42▼
Amounts payable17/49€34k€35k▲
Amounts payable within one year42/48€34k€35k▲
Trade debts44€132€95▼
Suppliers440/4€132€95▼
Taxes, remuneration and social security45€424€399▼
Taxes450/3€424€399▼
Other amounts payable47/48€33k€35k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86€86=
Other operating charges640/8€602€619▲
Gross operating margin9900€22k€4k▼
Operating profit (loss)9901€21k€3k▼
Financial income75/76B€8k€15k▲
Recurring financial income75€8k€15k▲
Financial charges65/66B€3k€10k▲
Recurring financial charges65€3k€10k▲
Profit (loss) for the period before taxes9903€26k€8k▼
Income taxes67/77€7k€4k▼
Profit (loss) for the period9904€19k€3k▼
Profit (loss) for the period to be appropriated9905€19k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€7k▼
Profit (loss) brought forward from the previous period14P€2k€3k▲
Transfer to equity691/2€18k€7k▼
To other reserves6921€18k€7k▼
The notes to these accounts (4 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
2025
24-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Highest result since 2019net €19k ▲7892%
Operating result €21k, net result €19k, both a record.
30-06
Financial
Equity above €100kEq €102k ▲22.8%
3 profitable years in a row build equity to €102k.
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
07-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
24-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-09-2025
Van Hauwaert An: Resigned as Director
01-07-2013
D'Haene Franky: Resigned as Manager
01-11-2012
Van Hauwaert Marc: Resigned as Manager
Location & real-estate footprint
Registered office, Tielt · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Deken Darraslaan 168700 TieltGround area
218 m²
Building footprint
100 m²
Volume, LiDAR
647 m³
Parcel 37015K0963/00T002, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ECONOBEL
since 20022.114.633.355
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37015K0963/00T002 | Flanders | 218 m² | 1 · 100 m² | 11.3 m · 2 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
967600SJG5R72WTNXA04
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NICO VAN DE PUTTE
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MEULEWAETER ELECTRICS
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Lochristi · Eq €105k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 8,790 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2002
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.