Ecore
ActiveEcore has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119k and a net result of €20k. Equity is growing by ~34.1% per year across the filed fiscal years. Its solvency ranks better than 86% of 9369 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-17
Solvency100▲+18
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.84 against 1.21 in 2024), and 13.5% 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 71
Relative position
BE, all sectors
reference
Sector 71
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
86.5%
Return on assets
14.3%
Age of the figures
8 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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
6 d late
2024
28 d late
2023
28 d late
2022
28 d late
2021
29 d late
2020
30 d late
2019
19 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€119k▲ 19.9%
2024 · €100k
2018: €18k
2019: €18k
2020: €31k
2021: €38k
2022: €55k
2023: €80k
2024: €100k
2018 → 2025
Total assets
€138k▲ 3.9%
2024 · €133k
2018: €84k
2019: €80k
2020: €80k
2021: €117k
2022: €115k
2023: €147k
2024: €133k
2018 → 2025
Net result
€20k▼ 0.9%
2024 · €20k
2018: €219
2019: €209
2020: €13k
2021: €7k
2022: €17k
2023: €24k
2024: €20k
2018 → 2025
Working capital
€33k▲ 397%
2024 · €7k
2018: €-39k
2019: €-41k
2020: €-26k
2021: €-28k
2022: €-14k
2023: €-16k
2024: €7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€55k▲ 44.6%€80k▲ 44.1%€100k▲ 25.1%€119k▲ 19.9%
Operating result€13k-€26k▲ 96.3%€37k▲ 42.6%€32k▼ 14.2%€32k▲ 0.1%
Net result€7k-€17k▲ 128%€24k▲ 43.1%€20k▼ 18.0%€20k▼ 0.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 0% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €138k
Fixed assets
€87k▼ 7.3%
Current assets
€51k▲ 31.1%
Equity and liabilities €138k
Equity
€119k▲ 19.9%
Debt
€19k▼ 44.0%
The debt ratio falls from 25.0% to 13.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€40k▲
2024 · €40k
Cash flow
€28k▲
2024 · €28k
Solvency
86.5%▲
2024 · 75.0%
Current ratio
2.84▲
2024 · 1.21
Quick ratio
2.84▲
2024 · 1.21
Debt / equity
0.16▼
2024 · 0.33
ROE
16.6%▼
2024 · 20.1%
ROA
14.3%▼
2024 · 15.0%
Interest coverage
157.65▲
2024 · 97.64
Debt
€19k▼
2024 · €33k
Debt ≤ 1 year
€18k▼
2024 · €32k
Debt > 1 year
€0▼
2024 · €314
Income taxes
€12k▼
2024 · €12k
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€133k€138k▲
Fixed assets21/28€94k€87k▼
Tangible fixed assets22/27€28k€21k▼
Furniture and vehicles24€2k€3k▲
Leasing and similar rights25€6k€0▼
Other tangible fixed assets26€20k€18k▼
Financial fixed assets28€66k€66k=
Current assets29/58€39k€51k▲
Amounts receivable within one year40/41€23k€25k▲
Trade receivables40€23k€25k▲
Other amounts receivable41-€245
Cash at bank and in hand54/58€15k€25k▲
Deferred charges and accrued income490/1€345€351▲
Equity and liabilities
Total equity and liabilities10/49€133k€138k▲
Equity10/15€100k€119k▲
Contributions10/11€6k€6k=
Reserves13€93k€113k▲
Non-distributable reserves130/1€790€790=
Reserves not available under the articles1311€790€790=
Distributable reserves133€92k€112k▲
Profit (loss) carried forward14€302€302=
Amounts payable17/49€33k€19k▼
Amounts payable after more than one year17€314€0▼
Financial debts170/4€314€0▼
Amounts payable within one year42/48€32k€18k▼
Current portion of amounts payable after more than one year42€3k€314▼
Trade debts44€3k€411▼
Suppliers440/4€3k€411▼
Taxes, remuneration and social security45€22k€17k▼
Taxes450/3€22k€17k▼
Other amounts payable47/48€3k€0▼
Accrued charges and deferred income492/3€619€649▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▲
Other operating charges640/8€734€874▲
Gross operating margin9900€40k€41k▲
Operating profit (loss)9901€32k€32k▲
Financial income75/76B€720€0▼
Recurring financial income75€720€0▼
Financial charges65/66B€405€254▼
Recurring financial charges65€405€254▼
Profit (loss) for the period before taxes9903€32k€32k▼
Income taxes67/77€12k€12k▼
Profit (loss) for the period9904€20k€20k▼
Profit (loss) for the period to be appropriated9905€20k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€20k▼
Profit (loss) brought forward from the previous period14P€298€302▲
Transfer to equity691/2€20k€20k▼
To other reserves6921€20k€20k▼
The notes to these accounts (17 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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 2.84
Current ratio from 1.21 to 2.84; short-term debt falls from €32k to €18k.
31-12
Financial
Equity above €100kEq €119k ▲19.9%
8 profitable years in a row build equity to €119k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Highest result since 2018net €24k ▲43.1%
Operating result €37k, net result €24k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
31-12
Financial
Weakest financial yearnet €209 ▼4.6%
Net result drops to €209, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Thimister-Clermont · 1 establishment unit since 2014
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.
Houlteau 864890 Thimister-ClermontGround area
486 m²
Building footprint
71 m²
Volume, LiDAR
481 m³
Parcel 63077C0149/00B000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ECORE
since 20142.228.530.557
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63077C0149/00B000 | Wallonia | 486 m² | 1 · 71 m² | 7.8 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.
Similar companies · same sector, comparable size
RENI
BE 0786.227.362
Machelen (Brab.) · Eq €119k
NESCON
BE 0635.844.304
Tielt-Winge · Eq €119k
RUIMTELIJKE ORDENING IN TEKST EN SCHETSEN
BE 0770.632.336
Lo-Reninge · Eq €119k
DLW
BE 0455.642.553
Nijlen · Eq €119k
POLYCAD
BE 0460.622.613
Gent · Eq €119k
Of 11,503 companies in sector 71121 we hold annual accounts for 6,523. 5,208 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-12-2013
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.