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Economax

Active
Private limited companyfounded 1989active for 37 yearsJ. B. Woutersstraat 17, 1652 Beersel, BelgiumKBO/BCE: BE 0437.343.603
Summary

Economax has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139,235 and a net result of €27,559. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 71% of 15,565 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Certified accountants and tax accountants
NACE 69201
Size
€185,281total assets 2025
Equity
€139,235
Profit
€27,559
Turnover not published (micro format)
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 55 days early1 of 3 deeds read
Why 95raises riskNo registered site in the KBOlowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 2.93, cash €23,194Founded in 1989Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 69, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 75.1% of total assets
Liquidity 56-2
short-term debt 24.9% · cash 12.5%
Profitability 87-13
return on assets 14.9%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,031 companies, NACE 69, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025highest value 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.93, compared with 7.72 in 2024, above the usual 1.5; short-term debt: 24.9% and cash: 12.5% of total assets), and 24.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 69, micro): better than 87% on solvency, 41% on liquidity, 47% on profitability and 67% on growth.

The bankruptcy probability was computed on 16-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Liquidity: current ratio 2.93, cash €23,194
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · No registered site in the KBO
KBO · seat and establishments
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 06-06-2026, 55 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
55 days early
2024
52 days early
2023
54 days early
2022
52 days early
2021
55 days early
2020
54 days early
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 51 days before the deadline; the sector median (NACE 69) for financial year 2024 is 9 days before the deadline, and 32% 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 8 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
16-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Highest result from 2018 to 2025net €42,032 ▲57.4%

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €27,559 8 years View
  • Active since 1989founded 02-05-1989 37 years View

By topic

Financials

Financial year
2025
Total assets
€185,281
Profit
€27,559
Solvency
75.1%
Total assets▲ 42.4%
Net result
20182025
Go to Financials

Timeline

Events
40
Since
1991
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €100,000
  2. 16-10-2024Resignation: CARREIN,Guy Pierre Louis (manager)
  3. 07-06-2024Annual accounts filed
Go to Timeline

Company details

Legal form
Private limited company
Activity
Certified accountants and tax accountantsNACE 69201
Founded
02-05-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
13
Who signs
Each director alone
Annual meeting
First Monday of June at 20:00
Purpose
“1.de boekhouding en de boekhoudkundige diensten organiseren en advies verstrekken inzake…” (deed in Dutch)
Go to Articles of association

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