ECoOB
ActiveECoOB has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.00M and a net result of €139k. Equity is growing by ~52.5% per year across the filed fiscal years. Its solvency ranks better than 90% of 277 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €330k at 30 days acceptable
Liquidity ample (current ratio 3.31 against 5.9 in 2024; short-term debt: 5.6% and cash: 1.5% of total assets), and 13.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
lower
← fewer bankruptcies
more bankruptcies →
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
86.1%
Return on assets
3%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 12-05-2026, 80 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
80 d early
2024
44 d early
2023
82 d early
2022
41 d early
2021
58 d early
2020
66 d early
2019
44 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€4.00M▲ 8.4%
2024 · €3.69M
2018: €43k
2019: €465k
2020: €782k
2021: €1.21M
2022: €1.81M
2023: €2.78M
2024: €3.69M
2018 → 2025
Total assets
€4.64M▲ 7.8%
2024 · €4.31M
2018: €44k
2019: €467k
2020: €839k
2021: €1.26M
2022: €2.00M
2023: €3.18M
2024: €4.31M
2018 → 2025
Net result
€139k▲ 66.2%
2024 · €84k
2018: €-4k
2019: €-4k
2020: €5k
2021: €35k
2022: €55k
2023: €83k
2024: €84k
2018 → 2025
Working capital
€605k▼ 42.1%
2024 · €1.04M
2018: €43k
2019: €417k
2020: €194k
2021: €92k
2022: €269k
2023: €396k
2024: €1.04M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.21M-€1.81M▲ 49.8%€2.78M▲ 53.8%€3.69M▲ 32.4%€4.00M▲ 8.4%
Operating result€35k-€56k▲ 57.7%€85k▲ 52.9%€84k▼ 1.5%€127k▲ 52.1%
Net result€35k-€55k▲ 58.6%€83k▲ 51.4%€84k▲ 0.4%€139k▲ 66.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 52% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.64M
Fixed assets
€3.77M▲ 23.8%
Current assets
€867k▼ 31.1%
Equity and liabilities €4.64M
Equity
€4.00M▲ 8.4%
Debt
€644k▲ 4.0%
The debt ratio falls from 14.4% to 13.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€325k▲
2024 · €251k
Cash flow
€337k▲
2024 · €251k
Solvency
86.1%▲
2024 · 85.6%
Current ratio
3.31▼
2024 · 5.90
Quick ratio
3.31▼
2024 · 5.90
Debt / equity
0.16▼
2024 · 0.17
ROE
3.5%▲
2024 · 2.3%
ROA
3.0%▲
2024 · 1.9%
Interest coverage
20.46▲
2024 · 18.34
Debt
€644k▲
2024 · €619k
Debt ≤ 1 year
€262k▲
2024 · €213k
Debt > 1 year
€360k▼
2024 · €390k
Staff costs
€456k▲
2024 · €366k
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€4.31M€4.64M▲
Fixed assets21/28€3.05M€3.77M▲
Intangible fixed assets21€2k€2k▼
Tangible fixed assets22/27€3.00M€3.08M▲
Plant, machinery and equipment23€2.99M€3.07M▲
Furniture and vehicles24€10k€4k▼
Financial fixed assets28€45k€692k▲
Current assets29/58€1.26M€867k▼
Amounts receivable after more than one year29€255k€95k▼
Other amounts receivable291€255k€95k▼
Stocks and contracts in progress3€42€584▲
Stocks30/36€42€584▲
Amounts receivable within one year40/41€80k€105k▲
Trade receivables40€76k€99k▲
Other amounts receivable41€4k€6k▲
Current investments50/53€770k€381k▼
Cash at bank and in hand54/58€45k€71k▲
Deferred charges and accrued income490/1€108k€214k▲
Equity and liabilities
Total equity and liabilities10/49€4.31M€4.64M▲
Equity10/15€3.69M€4.00M▲
Contributions10/11€3.66M€3.96M▲
Reserves13€23k€37k▲
Distributable reserves133€23k€37k▲
Amounts payable17/49€619k€644k▲
Amounts payable after more than one year17€390k€360k▼
Financial debts170/4€390k€360k▼
Amounts payable within one year42/48€213k€262k▲
Current portion of amounts payable after more than one year42€28k€30k▲
Trade debts44€43k€34k▼
Suppliers440/4€43k€34k▼
Taxes, remuneration and social security45€64k€73k▲
Taxes450/3€19k€23k▲
Remuneration and social security454/9€45k€50k▲
Other amounts payable47/48€77k€126k▲
Accrued charges and deferred income492/3€16k€22k▲
Income statement
Code20242025
Remuneration, social security and pensions62€366k€456k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€167k€198k▲
Other operating charges640/8€3k€17k▲
Non-recurring operating charges66A-€950
Gross operating margin9900€620k€799k▲
Operating profit (loss)9901€84k€127k▲
Financial income75/76B€14k€28k▲
Recurring financial income75€14k€28k▲
Financial charges65/66B€14k€16k▲
Recurring financial charges65€14k€16k▲
Profit (loss) for the period before taxes9903€84k€139k▲
Profit (loss) for the period9904€84k€139k▲
Profit (loss) for the period to be appropriated9905€84k€139k▲
Appropriation of the result
Profit (loss) to be appropriated9906€84k€139k▲
Transfer to equity691/2€7k€13k▲
To other reserves6921€7k€13k▲
Profit to be distributed694/7€77k€126k▲
Return on contributions (dividend)694€77k€126k▲
Social balance
Average headcount (FTE)9087-4.5
The notes to these accounts (16 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
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €139k ▲66.2%
Operating result €127k, net result €139k, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 5.90
Current ratio from 2.72 to 5.90; short-term debt falls from €230k to €213k.
10-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €2MEq €2.78M ▲53.8%
4 profitable years in a row build equity to €2.78M.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
21-04
State Gazette act
Incorporation · Founding capital
Corporate purpose · First fiscal year
2021
31-12
Financial
Equity above €1MEq €1.21M ▲54.7%
2 profitable years in a row build equity to €1.21M.
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
31-12
Financial
Equity above €500kEq €782k ▲68%
Equity rises from €465k to €782k.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 265.93
Current ratio from 129.03 to 265.93.
31-12
Financial
Equity above €200kEq €465k ▲971%
Equity rises from €43k to €465k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Herent · 1 establishment unit since 2018
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.
Roeselveld 13020 HerentGround area
670 m²
Building footprint
112 m²
Volume, LiDAR
603 m³
Parcel 24423K0132/00E000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Roeselveld 1, 3020 Herent
since 20182.276.605.836
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24423K0132/00E000 | Flanders | 670 m² | 1 · 112 m² | 7.5 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 300,563 EUR awarded · 198,525 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 5,871 EUR | 58,771 EUR |
| 2024 | 3 | -2,801 EUR | 67,440 EUR |
| 2023 | 2 | 106,000 EUR | 52,806 EUR |
| 2022 | 3 | 191,493 EUR | 19,508 EUR |
Schemes
Call groene stroom (stopgezet)
O&O-haalbaarheidsstudie
Procedure groene warmte, restwarmte en energie-efficiënte stadsverwarming
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
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Of 815 companies in sector 35110 we hold annual accounts for 631. 353 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCooperative company
Founded29-05-2018
Fiscal year end31-12
Activities, NACEBEL
35110Production of electricity from non-renewable sources
35150Electricity, gas, steam and air conditioning supply
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.