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Ecopand

Active
Public limited companyfounded 1983active for 43 yearsOttergemsesteenweg 385, 9000 Gent, BelgiumKBO/BCE: BE 0423.809.727
Summary

Ecopand has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €983,061 and a net result of €46,423. Equity has been growing by about 8.3% per year since 2018. Its solvency ranks better than 71% of 1,557 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 16-03-1983 Normal situation
Activity
Landscape service activities NACE 81300and 5 others
Joint committee
125.03 Paritair Subcomité voor de houthandel · annual accounts 2022
Establishment unit
2.022.057.347 9000 Gent, since 01-04-1983
Financial year end
31 December
Peppol
Reachable since 26-07-2024

Board and ownership

Board
Shareholders
  • DEVRIENDT TIMannual accounts 2022
  • DEVRIENDT TINNEKEannual accounts 2022

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€215,746
▼ 19.9%
Turnover
≈ €680,000
estimated
Profit
€46,423
▼ 28.9%
Equity
€983,061
▲ 5.0%
Total assets
€1.6m
▼ 5.8%
  • 2025 accounts filed 12 days after the deadline
Score breakdownraises riskSector: Services to buildings and landscape activities (NACE 81)Last filed accounts filed 12 days late; 1 of the last 3 accounts latelowers riskSize: total assets €1.6mFounded in 1983Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of micro companies in building services and landscaping (NACE 81)
Financial strength · tick: 2024
Strong
Solvency 86+6
equity 61.1% of total assets
Liquidity 54+3
short-term debt 8.8% · cash 3.4%
Profitability 72-2
return on assets 2.9%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,710 companies, NACE 81, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▼ -0.2 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €85,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.22 (0.92 in 2024), below the usual 1.5. Short-term debt is 8.8% and cash 3.4% of total assets. 38.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 81, micro). It does better than 72% of them on solvency, 55% on liquidity, 41% on profitability and 44% on growth.

The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Sector: Services to buildings and landscape activities (NACE 81)
KBO
lowers risk · Size: total assets €1.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 12 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1983
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 12 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
12 days late
2024
31 days early
2023
61 days late
2022
31 days late
2021
31 days late
2020
151 days late
2019
153 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 58 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% 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 31 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 12 days after the deadline Filed on 12 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00394843.

Annual accounts 2025 filed on 12-08-2026 at the NBB all 21 filings

Turnover
≈ €680,000
Estimated: probably between €440,000 and €970,000
Total assets
€1.6m▼ 5.8%
2024 · €1.7m
Net result
€46,423▼ 28.9%
2024 · €65,320
Working capital
€30,501
2024 · -€14,193
Multi-year overview
2018 to 2025, 8 financial years
Operating result
€63,276
▼ 39.2% 2025
20182025
Net result
€46,423
▼ 28.9% 2025
middle half of the sector
20182025
Equity
€983,061
▲ 5.0% 2025
highest quarter of the sector
20182025
Total assets
€1.6m
▼ 5.8% 2025
highest quarter of the sector
20182025
Debt
€455,336
▼ 22.9% 2025
20182025
Working capital
€30,501
2025
middle half of the sector
20182025
Solvency
61.1%
▲ 6.3pp 2025
middle half of the sector
20182025
Current ratio
1.22
▲ 0.29 2025
middle half of the sector
20182025
Return on assets (ROA)
2.9%
▼ 0.9pp 2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.07m-€0.04m▼ 38.6%€0.1m▲ 255%€0.1m▼ 34.0%€0.04m▼ 55.9%€0.2m▲ 336%€0.1m▼ 44.8%€0.06m▼ 39.2%
Net result€0.04m-€0.03m▼ 37.7%€0.1mabove the sector's middle half▲ 299%€0.08mwithin the sector's middle half▼ 27.8%€0.01mwithin the sector's middle half▼ 81.7%€0.1mwithin the sector's middle half▲ 690%€0.07mabove the sector's middle half▼ 42.9%€0.05mwithin the sector's middle half▼ 28.9%
Equity€0.6m-€0.6m▲ 0.3%€0.7mabove the sector's middle half▲ 14.1%€0.7mabove the sector's middle half▲ 9.5%€0.8mwithin the sector's middle half▲ 1.9%€0.9mabove the sector's middle half▲ 15.1%€0.9mabove the sector's middle half▲ 7.3%€1.0mabove the sector's middle half▲ 5.0%
Total assets€1.7m-€1.8m▲ 11.1%€1.9mabove the sector's middle half▲ 5.3%€1.9mabove the sector's middle half▼ 2.0%€1.8mabove the sector's middle half▼ 5.2%€1.8mwithin the sector's middle half▼ 1.9%€1.7mabove the sector's middle half▼ 3.7%€1.6mabove the sector's middle half▼ 5.8%
Debt€0.9m-€1.1m▲ 22.3%€1.1m▲ 2.2%€1.0m▼ 8.7%€0.9m▼ 9.7%€0.7m▼ 20.0%€0.6m▼ 16.7%€0.5m▼ 22.9%
Working capital-€0.1m--€0.1m▲ 19.0%-€0.2mbelow the sector's middle half▼ 68.0%-€0.1mbelow the sector's middle half▲ 34.8%-€0.2mbelow the sector's middle half▼ 46.4%-€0.05mbelow the sector's middle half▲ 70.6%-€0.01mbelow the sector's middle half▲ 71.6%€0.03mwithin the sector's middle half
Solvency35.8%-32.3%▼ 3.5pp35.0%within the sector's middle half▲ 2.7pp39.0%within the sector's middle half▲ 4.1pp42.0%within the sector's middle half▲ 2.9pp49.2%within the sector's middle half▲ 7.3pp54.8%within the sector's middle half▲ 5.6pp61.1%within the sector's middle half▲ 6.3pp
Current ratio0.56-0.66▲ 0.100.59below the sector's middle half▼ 0.070.72below the sector's middle half▲ 0.130.52below the sector's middle half▼ 0.200.76below the sector's middle half▲ 0.240.92within the sector's middle half▲ 0.161.22within the sector's middle half▲ 0.29
Return on assets (ROA)2.7%-1.5%▼ 1.2pp5.6%within the sector's middle half▲ 4.2pp4.2%within the sector's middle half▼ 1.5pp0.8%below the sector's middle half▼ 3.4pp6.5%within the sector's middle half▲ 5.7pp3.8%within the sector's middle half▼ 2.6pp2.9%within the sector's middle half▼ 0.9pp
above within below The sector band is the middle half of the companies in Services to buildings and landscape activities (NACE 81). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 39% lower than in 2024. It is the second fall in a row.

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets €1.4m ▼ 6.4%
Current assets €172,153 ▼ 0.4%
Equity and liabilities €1.6m
Equity €983,061 ▲ 5.0%
Provisions €169,909 ▼ 5.8%
Debt €455,336 ▼ 22.9%
Debt's share of the balance-sheet total falls from 34.6% to 28.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€190,890▼
2024 · €230,926
Cash flow
€174,038▼
2024 · €192,196
Quick ratio
1.07▲
2024 · 0.85
Debt to equity
0.46▼
2024 · 0.63
ROE
4.7%▼
2024 · 7.0%
Interest coverage
17.07▲
2024 · 15.60
Debt ≤ 1 year
€141,652▼
2024 · €187,013
Debt > 1 year
€312,376▼
2024 · €403,757
Income taxes
€16,324▼
2024 · €32,470
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Securities and guarantees

on own assets and for others
Item20212022202320242025
Debts secured on the company's own assets-€455,944---
Debts guaranteed by Belgian public bodies-€455,944---
Mortgages, amount registered-€290,000---
Mortgage mandates-€580,000---
Carrying value of the mortgaged assets-€457,661---

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€42,423€136,889€111,580€53,894€29,689
Financial fixed assets----€0
Depreciation and write-downs of the year€99,209€97,942€115,125€126,876€127,614

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 63 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.7m€1.6m▼
Fixed assets21/28€1.5m€1.4m▼
Tangible fixed assets22/27€1.5m€1.4m▼
Land and buildings22€1.3m€1.3m▼
Plant, machinery and equipment23€0.08m€0.06m▼
Furniture and vehicles24€0.1m€0.08m▼
Other tangible fixed assets26-€0.002m
Current assets29/58€0.2m€0.2m▼
Stocks and contracts in progress3€0.01m€0.02m▲
Stocks30/36€0.01m€0.02m▲
Amounts receivable within one year40/41€0.1m€0.09m▼
Trade receivables40€0.1m€0.09m▼
Other amounts receivable41€50€322▲
Cash at bank and in hand54/58€0.03m€0.06m▲
Deferred charges and accrued income490/1€0.006m€0.003m▼
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.6m▼
Equity10/15€0.9m€1.0m▲
Contributions10/11€0.05m€0.05m=
Capital10€0.05m€0.05m=
Issued capital100€0.05m€0.05m=
Reserves13€0.9m€0.9m▲
Non-distributable reserves130/1€0.005m€0.005m=
Legal reserve130€0.005m€0.005m=
Tax-exempt reserves132€0.4m€0.4m▼
Distributable reserves133€0.5m€0.5m▲
Profit (loss) carried forward14-€0
Provisions and deferred taxes16€0.2m€0.2m▼
Deferred taxes168€0.2m€0.2m▼
Amounts payable17/49€0.6m€0.5m▼
Amounts payable after more than one year17€0.4m€0.3m▼
Financial debts170/4€0.4m€0.3m▼
Amounts payable within one year42/48€0.2m€0.1m▼
Current portion of amounts payable after more than one year42€0.1m€0.09m▼
Trade debts44€0.02m€0.001m▼
Suppliers440/4€0.02m€0.001m▼
Taxes, remuneration and social security45€0.04m€0.02m▼
Taxes450/3€0.04m€0.02m▼
Other amounts payable47/48€0.04m€0.03m▼
Accrued charges and deferred income492/3-€0.001m
Income statement Code20242025
Non-recurring operating income76A€0.02m€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€0.002m
Other operating charges640/8€0.04m€0.03m▼
Non-recurring operating charges66A-€0.001m
Gross operating margin9900€0.3m€0.2m▼
Operating profit (loss)9901€0.1m€0.06m▼
Financial income75/76B€378€194▼
Recurring financial income75€378€194▼
Financial charges65/66B€0.02m€0.01m▼
Recurring financial charges65€0.01m€0.01m▼
Non-recurring financial charges66B€0.002m€0▼
Profit (loss) for the period before taxes9903€0.09m€0.05m▼
Transfer from deferred taxes780€0.01m€0.01m=
Income taxes67/77€0.03m€0.02m▼
Profit (loss) for the period9904€0.07m€0.05m▼
Transfer from tax-exempt reserves789€0.02m€0.02m=
Profit (loss) for the period to be appropriated9905€0.08m€0.06m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.06m▼
Profit (loss) brought forward from the previous period14P€0.09m€0▼
Transfer to equity691/2€0.2m€0.06m▼
To other reserves6921€0.2m€0.06m▼
Profit to be distributed694/7€0.002m€0▼
Directors or managers695€0.002m€0▼

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 12-08-2026.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€21,312-€184,765€18,039€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62,281€84,090€85,098€99,209€97,942€115,125€126,876€127,614▲ 0.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-----€1,930--€1,930-
Other operating charges640/8---€15,778€30,106€27,567€38,531€25,908▼ 32.8%
Non-recurring operating charges66A-----€65,485-€878-
Gross operating margin9900€146,814€153,883€264,639€213,239€171,332€398,624€269,457€215,746▼ 19.9%
Operating profit (loss)9901€68,238€41,877€148,848€98,251€43,284€188,517€104,049€63,276▼ 39.2%
Financial income75/76B---€875€2,397€1,208€378€194▼ 48.6%
Recurring financial income75€327€204€55€875€2,397€1,208€378€194▼ 48.6%
Financial charges65/66B---€6,378€15,863€13,677€17,096€11,181▼ 34.6%
Recurring financial charges65€14,883€11,864€16,183€6,378€14,896€13,677€14,801€11,181▼ 24.5%
Non-recurring financial charges66B----€967-€2,295€0▼ 100%
Profit (loss) for the period before taxes9903€53,682€30,217€132,720€92,749€29,818€176,048€87,331€52,289▼ 40.1%
Transfer from deferred taxes780---€9,049€18,756€10,459€10,459€10,459=
Transfer to deferred taxes680-----€40,000---
Income taxes67/77€18,522€11,727€31,947€22,469€34,087€32,124€32,470€16,324▼ 49.7%
Profit (loss) for the period9904€44,210€27,539€109,822€79,329€14,486€114,383€65,320€46,423▼ 28.9%
Transfer from tax-exempt reserves789---€17,566€32,126€15,688€15,688€15,688=
Transfer to tax-exempt reserves689-----€120,000---
Profit (loss) for the period to be appropriated9905€61,776€45,105€127,388€96,895€46,613€10,071€81,008€62,112▼ 23.3%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.7m€1.8m€1.9m€1.9m€1.8m€1.8m€1.7m€1.6m▼ 5.8%
Fixed assets21/28€1.5m€1.6m€1.7m€1.6m€1.6m€1.6m€1.5m€1.4m▼ 6.4%
Tangible fixed assets22/27€1.5m€1.6m€1.7m€1.6m€1.6m€1.6m€1.5m€1.4m▼ 6.4%
Land and buildings22---€1.5m€1.4m€1.4m€1.3m€1.3m▼ 3.2%
Plant, machinery and equipment23---€0.08m€0.1m€0.09m€0.08m€0.06m▼ 20.2%
Furniture and vehicles24---€0.07m€0.1m€0.1m€0.1m€0.08m▼ 34.8%
Other tangible fixed assets26-------€0.002m-
Current assets29/58€0.2m€0.2m€0.3m€0.3m€0.2m€0.2m€0.2m€0.2m▼ 0.4%
Stocks and contracts in progress3€0.001m€0.003m€0.003m€0.003m€0.003m€0.02m€0.01m€0.02m▲ 44.3%
Stocks30/36---€0.003m€0.003m€0.02m€0.01m€0.02m▲ 44.3%
Amounts receivable within one year40/41€0.2m€0.2m€0.2m€0.2m€0.2m€0.09m€0.1m€0.09m▼ 24.4%
Trade receivables40---€0.2m€0.2m€0.09m€0.1m€0.09m▼ 24.7%
Other amounts receivable41----€0.001m€182€50€322▲ 545%
Cash at bank and in hand54/58€0.01m€0.02m€0.01m€0.06m€0.01m€0.04m€0.03m€0.06m▲ 97.9%
Deferred charges and accrued income490/1---€0.002m€0.006m€0.008m€0.006m€0.003m▼ 59.0%
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.8m€1.9m€1.9m€1.8m€1.8m€1.7m€1.6m▼ 5.8%
Equity10/15€0.6m€0.6m€0.7m€0.7m€0.8m€0.9m€0.9m€1.0m▲ 5.0%
Contributions10/11€0.05m€0.05m€0.05m€0.05m€0.05m€0.05m€0.05m€0.05m=
Capital10---€0.05m€0.05m€0.05m€0.05m€0.05m=
Issued capital100---€0.05m€0.05m€0.05m€0.05m€0.05m=
Reserves13€0.7m€0.7m€0.7m€0.7m€0.6m€0.7m€0.9m€0.9m▲ 5.2%
Non-distributable reserves130/1---€0.005m€0.005m€0.005m€0.005m€0.005m=
Legal reserve130---€0.005m€0.005m€0.005m€0.005m€0.005m=
Tax-exempt reserves132---€0.4m€0.3m€0.4m€0.4m€0.4m▼ 3.7%
Distributable reserves133---€0.3m€0.3m€0.3m€0.5m€0.5m▲ 13.6%
Profit (loss) carried forward14-€0.2m-€0.2m-€0.05m€0.03m€0.08m€0.09m-€0-
Provisions and deferred taxes16€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m▼ 5.8%
Deferred taxes168---€0.2m€0.2m€0.2m€0.2m€0.2m▼ 5.8%
Amounts payable17/49€0.9m€1.1m€1.1m€1.0m€0.9m€0.7m€0.6m€0.5m▼ 22.9%
Amounts payable after more than one year17€0.6m€0.7m€0.6m€0.6m€0.5m€0.5m€0.4m€0.3m▼ 22.6%
Financial debts170/4---€0.6m€0.5m€0.5m€0.4m€0.3m▼ 22.6%
Amounts payable within one year42/48€0.3m€0.3m€0.4m€0.4m€0.4m€0.2m€0.2m€0.1m▼ 24.3%
Current portion of amounts payable after more than one year42---€0.07m€0.07m€0.09m€0.1m€0.09m▼ 4.2%
Financial debts43---€0.02m€0.02m----
Credit institutions430/8---€0.02m€0.02m----
Trade debts44€0.03m€0.04m€0.05m€0.06m€0.02m€0.03m€0.02m€0.001m▼ 91.6%
Suppliers440/4---€0.06m€0.02m€0.03m€0.02m€0.001m▼ 91.6%
Taxes, remuneration and social security45---€0.04m€0.03m€0.04m€0.04m€0.02m▼ 49.2%
Taxes450/3---€0.04m€0.03m€0.04m€0.04m€0.02m▼ 49.2%
Other amounts payable47/48---€0.2m€0.2m€0.05m€0.04m€0.03m▼ 22.7%
Accrued charges and deferred income492/3---€0.002m€0.001m--€0.001m-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€44,210€27,539€109,822€79,329€14,486€114,383€65,320€46,423▼ 28.9%
+ Depreciation and write-downs630€62,281€84,090€85,098€99,209€97,942€115,125€126,876€127,614▲ 0.6%
Operating cash flow (approximation)€106,491€111,629€194,920€178,538€112,429€229,507€192,196€174,038▼ 9.4%
Investment in fixed assets (approximation)--€229,777-€131,936-€24,735-€111,922-€103,245-€48,894-€28,811▲ 41.1%
Change in cash-€10,860-€12,083€53,100-€52,685€31,312-€13,363€27,312-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 14,766 companies had the same profile as Ecopand has now. Two years later, 96.2% were still going and 0.2% had gone bankrupt.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
96.2% was still going
3.5% stopped otherwise
0.2% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Ecopand itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,766 companies, not a prediction for Ecopand. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 21 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 12-08-2026 2026-00394843 PDF
31-12-2024 micro format 30-06-2025 2025-00211195 PDF
31-12-2023 abbreviated format 30-09-2024 2024-00487074 PDF
31-12-2022 abbreviated format 31-08-2023 2023-00391857 PDF
31-12-2021 abbreviated format 31-08-2022 2022-20370057 PDF
31-12-2020 abbreviated format 29-12-2021 2021-81900419 PDF
31-12-2019 abbreviated format 31-12-2020 2020-77700017 PDF
30-12-2018 abbreviated format 24-10-2019 2019-71100255 PDF
30-12-2017 abbreviated format 11-11-2018 2018-71900348 PDF
30-12-2016 abbreviated format 27-08-2017 2017-47900461 PDF

Show all 21 filings

Board & ownership

Directors

Directors
2 directors, 2 in day-to-day management, last change in 2022

Board 2

Patrick Devriendt
Director · since 15-04-2010 · 6-year term from 2022 · listed in the 2025 annual accounts, filed on 12-08-2026
Current
Tim Devriendt
Director · since 15-04-2010 · 6-year term from 2022 · listed in the 2025 annual accounts, filed on 12-08-2026
Current

Day-to-day management 2

Patrick Devriendt
Afgevaardigd bestuurder · in office according to the act of 18-08-2023 · 6-year term from 2023
Current
Tim Devriendt
Afgevaardigd bestuurder · in office according to the act of 18-08-2023 · 6-year term from 2023
Current

Owners and capital

Shareholders

2 owners

Owners 2

Mandate history

2 people, 2 in office
Show
  • Board
  • Day-to-day management
  • mandate already running before its first mention
Mandates per person, with start and end dates
Name Functions and periods
Patrick Devriendt
  • Director, since before 24-06-2022
  • Afgevaardigd bestuurder, since before 18-08-2023
Tim Devriendt
  • Director, since before 24-06-2022
  • Afgevaardigd bestuurder, since before 18-08-2023
See the board, name and registered office on a given date →

Network & group

Connections & network

2 current directors
Depth

The network starts from the directors of Ecopand. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
12-08
NBB filing Annual accounts 2025 filedNBB
abbreviated format · 12 days late
2025
30-06
NBB filing Annual accounts 2024 filedPDF
micro format · 31 days before the deadline
2024
30-09
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 61 days late
2023
31-12
Financial Highest result from 2018 to 2025net €114,383 ▲690%
The operating result of €188,517 and the net result of €114,383 are both a record.
31-08
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 31 days late
18-08
Gazette deed Reappointments: Patrick Devriendt (director) and Tim Devriendt (director)
5 points ▸
  • General meeting, 24-06-2022
  • Director reappointment, Patrick Devriendt (director)
  • Director reappointment, Tim Devriendt (director)
  • Director reappointment, Patrick Devriendt (afgevaardigd bestuurder)
  • Director reappointment, Tim Devriendt (afgevaardigd bestuurder)
  • The act holds 1 more point.

Open the act in the Belgian Official Gazette

2022
31-12
Financial Weakest financial yearnet €14,486 ▼81.7%
The net result drops to €14,486, the lowest from 2018 to 2025. It recovers the following year.
31-08
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 31 days late
2021
29-12
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 151 days late
2020
31-12
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 153 days late
2019
24-10
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 86 days late
2018
11-11
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 104 days late
2017
27-08
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 28 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 16 March 1983, Ecopand was incorporated.1 Total assets went from €1.7m in 2018 to €1.6m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name Ecopand in Dutch
Enterprise number 0423.809.727
Legal form Public limited company
Status Active, normale toestand
Founded 16-03-1983
Entity type Legal entity

Registered office and establishments

Registered office Ottergemsesteenweg 385, 9000 Gent, Belgium
Establishment unit SECOBOIS, Ottergemsesteenweg 385, 9000 Gent since 01-04-1983 · unit number 2.022.057.347

Activities

NACEBEL 2025
81300 Landscape service activities main activity
02100 Forestry and logging
02400 Forestry and logging
46810 Wholesale of solid, liquid and gaseous fuels and related products
46832 Wholesale of timber
47781 Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Codes under NACEBEL 2008
81300 Landscape service activities main activity
02100 Forestry and logging
02400 Forestry and logging
46710 Wholesale trade
46732 Wholesale trade
47781 Retail trade
Codes under NACEBEL 2003
51531 main activity
02020
Joint committee 125.03 Paritair Subcomité voor de houthandel annual accounts 2022

Invoicing and payment

VAT number BE 0423.809.727
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0423809727
Registered 26-07-2024

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
449 m²
Building footprint
428 m²
Building volume
3,110 m³
Cadastral parcel Region Area Buildings Height / floors
44808H0439/00S003 Flanders 449 m² 1 · 428 m² 10.7 m · 3