ECONOR
ActiveECONOR has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.97M and a net result of €965k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 59% of 1029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80=
Solvency79=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €450k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 0.74 in 2024; short-term debt: 18.2% and cash: 2.6% of total assets), and 46.1% 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○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
53.9%
Return on assets
8.7%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
9 d early
2023
30 d late
2022
39 d early
2021
33 d early
2020
61 d late
2019
18 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5.97M▲ 1.8%
2024 · €5.86M
2018: €1.80M
2019: €2.43M
2020: €3.29M
2021: €4.15M
2022: €4.69M
2023: €5.71M
2024: €5.86M
2018 → 2025
Total assets
€11.07M▲ 2.8%
2024 · €10.77M
2018: €3.88M
2019: €4.21M
2020: €5.43M
2021: €5.89M
2022: €6.15M
2023: €10.59M
2024: €10.77M
2018 → 2025
Net result
€965k▼ 3.1%
2024 · €996k
2018: €450k
2019: €633k
2020: €859k
2021: €863k
2022: €687k
2023: €1.27M
2024: €996k
2018 → 2025
Working capital
€137k
2024 · €-543k
2018: €231k
2019: €778k
2020: €1.25M
2021: €811k
2022: €879k
2023: €-701k
2024: €-543k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.15M-€4.69M▲ 12.9%€5.71M▲ 21.7%€5.86M▲ 2.7%€5.97M▲ 1.8%
Operating result€1.21M-€970k▼ 19.7%€1.81M▲ 86.2%€1.52M▼ 16.0%€1.42M▼ 6.2%
Net result€863k-€687k▼ 20.4%€1.27M▲ 84.9%€996k▼ 21.6%€965k▼ 3.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.07M
Fixed assets
€8.91M▼ 3.6%
Current assets
€2.15M▲ 41.1%
Equity and liabilities €11.07M
Equity
€5.97M▲ 1.8%
Debt
€5.10M▲ 3.9%
The debt ratio rises from 45.6% to 46.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.99M▼
2024 · €2.10M
Cash flow
€1.53M▼
2024 · €1.58M
Solvency
53.9%▼
2024 · 54.4%
Current ratio
1.07▲
2024 · 0.74
Quick ratio
1.07▲
2024 · 0.74
Debt / equity
0.85▲
2024 · 0.84
ROE
16.2%▼
2024 · 17.0%
ROA
8.7%▼
2024 · 9.2%
Interest coverage
14.08▲
2024 · 12.10
Debt
€5.10M▲
2024 · €4.91M
Debt ≤ 1 year
€2.02M▼
2024 · €2.07M
Debt > 1 year
€3.08M▲
2024 · €2.81M
Income taxes
€348k▼
2024 · €349k
Staff costs
€171k▲
2024 · €107k
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€10.77M€11.07M▲
Fixed assets21/28€9.24M€8.91M▼
Tangible fixed assets22/27€3.52M€3.21M▼
Land and buildings22€1.86M€1.85M▼
Plant, machinery and equipment23€1.21M€1.03M▼
Furniture and vehicles24€446k€330k▼
Financial fixed assets28€5.73M€5.70M▼
Current assets29/58€1.53M€2.15M▲
Amounts receivable within one year40/41€853k€1.87M▲
Trade receivables40€700k€860k▲
Other amounts receivable41€153k€1.01M▲
Current investments50/53€98k€0▼
Cash at bank and in hand54/58€575k€286k▼
Equity and liabilities
Total equity and liabilities10/49€10.77M€11.07M▲
Equity10/15€5.86M€5.97M▲
Contributions10/11€19k€19k=
Reserves13€904k€44k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€38k€38k=
Distributable reserves133€864k€5k▼
Profit (loss) carried forward14€4.94M€5.91M▲
Amounts payable17/49€4.91M€5.10M▲
Amounts payable after more than one year17€2.81M€3.08M▲
Financial debts170/4€2.81M€3.08M▲
Amounts payable within one year42/48€2.07M€2.02M▼
Financial debts43€481k€691k▲
Credit institutions430/8€481k€691k▲
Trade debts44€30k€45k▲
Suppliers440/4€30k€45k▲
Taxes, remuneration and social security45€282k€147k▼
Taxes450/3€274k€130k▼
Remuneration and social security454/9€9k€16k▲
Other amounts payable47/48€1.28M€1.13M▼
Accrued charges and deferred income492/3€26k€0▼
Income statement
Code20242025
Non-recurring operating income76A€0€49k▲
Remuneration, social security and pensions62€107k€171k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€586k€570k▼
Other operating charges640/8€44k€45k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€2.25M€2.21M▼
Operating profit (loss)9901€1.52M€1.42M▼
Financial income75/76B€1k€31k▲
Recurring financial income75€1k€31k▲
Financial charges65/66B€174k€142k▼
Recurring financial charges65€174k€142k▼
Profit (loss) for the period before taxes9903€1.34M€1.31M▼
Income taxes67/77€349k€348k▼
Profit (loss) for the period9904€996k€965k▼
Profit (loss) for the period to be appropriated9905€996k€965k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5.53M€5.91M▲
Profit (loss) brought forward from the previous period14P€4.54M€4.94M▲
Transfer from equity791/2€250k€859k▲
Profit to be distributed694/7€840k€859k▲
Return on contributions (dividend)694€840k€859k▲
Social balance
Average headcount (FTE)90871.52.0▲
The notes to these accounts (21 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €1.27M ▲84.9%
Operating result €1.81M, net result €1.27M, both a record.
31-12
Financial
Equity above €5MEq €5.71M ▲21.7%
6 profitable years in a row build equity to €5.71M.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2019
31-12
Financial
Equity above €2MEq €2.43M ▲35.2%
2 profitable years in a row build equity to €2.43M.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-07
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
3 acts for this company are 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, Antwerpen · 1 establishment unit since 1982
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.
Scheepswerfstraat 8-102660 AntwerpenGround area
1,672 m²
Building footprint
1,672 m²
Volume, LiDAR
13,943 m³
Parcel 11382C0231/00S009, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Scheepswerfstraat 8 10, 2660 Antwerpen
since 19822.022.390.216
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11382C0231/00S009 | Flanders | 1,672 m² | 1 · 1,672 m² | 11.5 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 5 entries · 47,225 EUR awarded · 32,225 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 3 | 2,000 EUR | 32,000 EUR |
| 2023 | 1 | 45,000 EUR | 0 EUR |
| 2022 | 1 | 225 EUR | 225 EUR |
Schemes
Subsidie vergroening mobiliteit - omschakeling naar zero-emissie en alternatieve brandstoffen
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,378 companies in sector 95311 we hold annual accounts for 2,959. 585 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-1980
Fiscal year end31-12
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
50200
68203Renting and operating of own or leased non-residential real estate, excluding land
77399Renting and leasing of other machinery, equipment and tangible goods
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.