EcoRetail

Active

Private limited companyfounded 20233 yrs activeFred Chaffartlaan 11, 3300 Tienen, BelgiumKBO/BCE: BE 0799.405.803

The computed 12-month bankruptcy probability of EcoRetail is 5.7% (elevated). The annual accounts of EcoRetail for fiscal year 2024 show a net loss of 64% of the equity at the start of that year. The 2024 annual accounts show equity of €5k and a net result of €-10k. Its solvency ranks better than 10% of 9039 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

33 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability67▲+56

Solvency26▼-5

Growth58

Track record94

Bankruptcy probability, 12 months

5.7% Elevated

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity short (current ratio 0.8 against 0.9 in 2023; short-term debt: 90.3% and cash: 3.5% of total assets), and 99.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

0.6%

Return on assets

-1%

Age of the figures

21 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

2324

2023 to 2024 · latest year €-10k

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9039 sector peers (2024).

NBB · sector comparison

Position among 9039 sector peers

Solvency

better than 10%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

24 d early

2023

5 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€5k▼ 64.3%

2023 · €15k

2023: €15k

2023 → 2024

Total assets

€968k▲ 299%

2023 · €243k

2023: €243k

2023 → 2024

Net result

€-10k▲ 32.6%

2023 · €-15k

2023: €-15k

2023 → 2024

Working capital

€-171k▼ 1,042%

2023 · €-15k

2023: €-15k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€15k-€5k▼ 64.3%

Operating result€-14k-€796

Net result€-15k-€-10k▲ 32.6%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €796 after a loss of €14k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €968k

27.4%

72.6%

Fixed assets €265k▲ 148%

Current assets €703k▲ 416%

Equity and liabilities €968k

99.4%

Equity €5k▼ 64.3%

Debt €963k▲ 323%

The debt ratio rises from 93.7% to 99.4%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€42k▲

2023 · €-10k

Cash flow

€31k▲

2023 · €-10k

Solvency

0.6%▼

2023 · 6.3%

Current ratio

0.80▼

2023 · 0.90

Quick ratio

0.45▲

2023 · 0.27

ROE

-179.7%▼

2023 · -95.4%

ROA

-1.0%▲

2023 · -6.0%

Interest coverage

7.84▲

2023 · -12.13

Debt

€963k▲

2023 · €228k

Debt ≤ 1 year

€874k▲

2023 · €151k

Debt > 1 year

€89k▲

2023 · €76k

Income taxes

€1k

Staff costs

€366k▲

2023 · €56k

A ratio outside any meaningful range has been withheld (balance sheet total €968k, equity €5k).

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€243k€968k▲

Fixed assets21/28€107k€265k▲

Intangible fixed assets21€22k€31k▲

Tangible fixed assets22/27€79k€207k▲

Plant, machinery and equipment23€79k€190k▲

Furniture and vehicles24-€17k

Financial fixed assets28€6k€27k▲

Current assets29/58€136k€703k▲

Stocks and contracts in progress3€95k€309k▲

Stocks30/36€95k€309k▲

Amounts receivable within one year40/41€31k€352k▲

Trade receivables40€10k€318k▲

Other amounts receivable41€21k€35k▲

Cash at bank and in hand54/58€7k€34k▲

Deferred charges and accrued income490/1€3k€7k▲

Equity and liabilities

Total equity and liabilities10/49€243k€968k▲

Equity10/15€15k€5k▼

Contributions10/11€30k€30k=

Profit (loss) carried forward14€-15k€-25k▼

Amounts payable17/49€228k€963k▲

Amounts payable after more than one year17€76k€89k▲

Financial debts170/4€76k€89k▲

Amounts payable within one year42/48€151k€874k▲

Current portion of amounts payable after more than one year42€19k€29k▲

Trade debts44€114k€685k▲

Suppliers440/4€114k€685k▲

Taxes, remuneration and social security45€18k€159k▲

Taxes450/3€705€57k▲

Remuneration and social security454/9€17k€102k▲

Other amounts payable47/48€70€582▲

Accrued charges and deferred income492/3€303-

Income statement Code20232024

Remuneration, social security and pensions62€56k€366k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€41k▲

Other operating charges640/8€1k€60k▲

Gross operating margin9900€47k€468k▲

Operating profit (loss)9901€-14k€796▲

Financial income75/76B€366€2k▲

Recurring financial income75€366€2k▲

Financial charges65/66B€787€11k▲

Recurring financial charges65€787€5k▲

Non-recurring financial charges66B-€5k

Profit (loss) for the period before taxes9903€-15k€-8k▲

Income taxes67/77-€1k

Profit (loss) for the period9904€-15k€-10k▲

Profit (loss) for the period to be appropriated9905€-15k€-10k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-15k€-25k▼

Profit (loss) brought forward from the previous period14P-€-15k

Social balance

Average headcount (FTE)90871.39.9▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

2025

07-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

26-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

NBB filing

Directors · office · real estate

Directors

2 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, Tienen · 6 establishment units since 2023

establishment approximate 5 of 6 establishment units on the map

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.

Fred Chaffartlaan 113300 Tienen

Ground area

2.2 ha

Building footprint

1.6 ha

Volume, LiDAR

14,463 m³

6 parcels, Brussels, Flanders, Wallonia · tallest building 18.6 m, ±4 floors. Linked by address, not a title deed.

6 establishment units

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Kartuizersstraat 66, 1000 BrusselRetail trade

since 20242.353.853.765

Bioshop Braine l’Alleud

Rue des croix du Feu 12, 1420 Braine-l'AlleudRetail trade

since 20242.363.619.586

Bioshop Genappe

Rue des Lilas 26, 1470 GenappeRetail trade

since 20242.363.648.884

Rue du Quesnoy(TOU) 18, 7500 Tournai

Non-specialised retail sale with food, beverages or tobacco predominating

since 20252.374.827.838

6 parcels

Flanders 3 (50%) Wallonia 2 (33.3%) Brussels 1 (16.7%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24594C0039/00R002	Flanders	2.0 ha	1 · 1.4 ha	3.1 m
25031A0019/00E000	Wallonia	492 m²	1 · 792 m²	8.6 m · 2 fl.
24482F0262/00P008	Flanders	392 m²	1 · 237 m²	15.8 m · 4 fl.
24662H0189/00L000	Flanders	382 m²	1 · 382 m²	14.9 m · 3 fl.
57462C0305/00E000indicative	Wallonia	170 m²	1 · 85 m²	11.2 m · 3 fl.
21811M1257/00N000	Brussels	120 m²	1 · 119 m²	18.6 m · 4 fl.