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ECORUB

Active Private limited companyfounded 1991active for 35 yearsNijverheidsweg 7A, 2310 RijkevorselKBO/BCE: BE 0445.540.202

Lifetime

20 annual accounts with figures on one time axis, 34 filings since 1992
peak €96,356 (2023)
€75,254▼ 5.1%
lowest -€2,649 (2025)
-€2,649▼ €1,128
peak €186,588 (2023)
€182,418▼ 1.4%
€127,562▼ 2.3%
peak 0.1 FTE (2010)
-not published
Board1 name since 2003
Documentsfilings and deeds
14-10-202675 days late
2025micro format
Loss of €2,649

Key points

from the 2025 annual accounts

Losses

-€4,170 in two years
-1,5212024-2,6492025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Staff

2 employees on 31-12-2025
102023002024102025

In 2025, 1 person joined and nobody left.

Filings

34 annual accounts 75 days
AprilJune31 JulyOctober200020102020

Latest accounts filed late: after the legal deadline.

Checked score

95
Excellent
Financially stronger than 59% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).

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

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

84=equity 58.8% of total assets
81+1short-term debt 41.2% · cash 47.9%
68+16return on assets -0.9%

Score breakdown

raises risk
Last filed accounts filed 75 days late; 1 of the last 3 accounts late
lowers risk
Founded in 1991
Liquidity: current ratio 1.92, cash €148,578
Equity €182,418 (58.8% of total assets)
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 46, micro). It does better than 65% of them on solvency, 83% on liquidity, 50% on profitability and 37% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 12,322 companies had the same profile as ECORUB has now. Each dot stands for 31 companies, two years later.

90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ECORUB itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 12,322 companies, not a prediction for ECORUB. 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.

Credit verdict

Credit of up to €17,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.92 (1.71 in 2024), above the usual 1.5. Short-term debt is 41.2% and cash 47.9% of total assets. 41.2% of the assets are financed with debt and provisions.

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1991
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 · Last filed accounts filed 75 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 1.92, cash €148,578
NBB · annual accounts
lowers risk · Equity €182,418 (58.8% of total assets)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-10-2026, 75 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
75 days late
2024
2 days early
2023
27 days early
2022
4 days early
2021
18 days early
2020
2 days early
2019
9 days early
← 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 2 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 27 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 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

Board and ownership

DV
Director, since 01-06-2003
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0445540202
Appointment: De Vos, Jean Paul Joseph Marie Henriette (director) “Verhuur van personenauto’s zonder chauffeur; Verhuur van vrachtwagens en overige motorvoertuigen van meer dan…” (deed in Dutch) · Name clause: ECORUB · General meeting of 23-10-2023 · Gazette deed
First establishment Nijverheidsweg 7, Rijkevorsel
Incorporation published on 15-11-1991 · Gazette deed
All 46 events

Comparable companies

same main activity, similar in size and age
Company
ECORUB Rijkevorsel €309,980 €75,254 58.8% -
KAVEC Oudsbergen €499,637 €125,553 67.1% 1.8
KING'S HOUSE PRODUCTS Tubize €662,163 €53,619 50.4% -
Modelairtools Sint-Katelijne-Waver €638,300 €36,842 93.6% -
V.S.T. Paper and Board Dilbeek €535,420 €36,283 75.0% 0
INPACO INDUSTRIE Etterbeek €240,707 €190,363 42.5% -
NEW-LINK INTERNATIONAL TRADE Oostrozebeke €839,116 €64,010 93.9% -

These companies have the same main activity as ECORUB: wholesale trade (NACE 46869). They are comparable in size and age: total assets between €241,000 and €839,000, founded between 1990 and 1999.

Official details

Source: KBO
Status
Active since 28-10-1991Normal situation
Activity
Wholesale tradeNACE 46869and 18 others
Joint committee
207White-collar workers in the chemical industry · annual accounts 2024
Establishment unit
2.056.177.8882310 Rijkevorsel, since 13-02-1992
Financial year end
31 December
Peppol
Reachable since 04-12-2025
Company details

Annual accounts 2025

≈ €400,000estimated
€309,980▼ 1.8%
Employeeson 31-12-2025
2▲ 100%
Filing
Filed on 14-10-2026
Financials

Insights on ECORUB

ECORUB files the micro format. That format states no turnover. The gross margin rose from €8,936 in 2006 to €75,254 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ECORUB

What is the company number of ECORUB?
The company number of ECORUB is 0445.540.202. The VAT number is the same number with BE in front: BE 0445.540.202.
Where is ECORUB based?
The registered office is at Nijverheidsweg 7A, 2310 Rijkevorsel.Company details
What does ECORUB do?
According to the KBO register, the main activity is wholesale trade (NACE 46869).
What is the legal form of ECORUB?
ECORUB is a private limited company (BV).
When was ECORUB founded?
ECORUB was founded on 28-10-1991.
Is ECORUB still active?
Yes, ECORUB is an active enterprise in the KBO register.
How many employees does ECORUB have?
ECORUB had an average of 1.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ECORUB fall under?
In its 2024 annual accounts, ECORUB states joint committee 207 (White-collar workers in the chemical industry).
What is the turnover of ECORUB?
The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €75,254 and 106 comparable companies (NACE 46). It probably lies between €200,000 and €710,000.
Is ECORUB profitable?
In financial year 2025, ECORUB made a loss of €2,649.
Where can I find the annual accounts of ECORUB?
ECORUB filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ECORUB due?
ECORUB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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