ECOSAN
ActiveECOSAN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €145k and a net result of €14k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 24% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-7
Solvency47▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 3.07 against 1.34 in 2024; short-term debt: 17.1% and cash: 5.4% of total assets), but 77.9% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
22.1%
Return on assets
2.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 27450 sector peers (2025).
NBB · sector comparisonPosition among 27450 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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
21 d late
2024
on the day
2023
23 d late
2022
31 d late
2021
31 d late
2020
99 d early
2019
61 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€145k▲ 10.7%
2024 · €131k
2018: €67k
2019: €53k
2020: €85k
2021: €111k
2022: €90k
2023: €95k
2024: €131k
2018 → 2025
Total assets
€653k▲ 40.0%
2024 · €466k
2018: €287k
2019: €459k
2020: €310k
2021: €367k
2022: €336k
2023: €354k
2024: €466k
2018 → 2025
Net result
€14k▼ 60.9%
2024 · €36k
2018: €14k
2019: €-15k
2020: €33k
2021: €25k
2022: €-21k
2023: €5k
2024: €36k
2018 → 2025
Working capital
€232k▲ 516%
2024 · €38k
2018: €48k
2019: €-1k
2020: €39k
2021: €35k
2022: €25k
2023: €27k
2024: €38k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€111k-€90k▼ 18.7%€95k▲ 5.5%€131k▲ 37.5%€145k▲ 10.7%
Operating result€50k-€-21k€-213▲ 99.0%€56k€38k▼ 32.4%
Net result€25k-€-21k€5k€36k▲ 616%€14k▼ 60.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €653k
Fixed assets
€309k▼ 2.7%
Current assets
€344k▲ 131%
Equity and liabilities €653k
Equity
€145k▲ 10.7%
Debt
€508k▲ 51.3%
The debt ratio rises from 72.0% to 77.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€89k▼
2024 · €94k
Cash flow
€65k▼
2024 · €74k
Solvency
22.1%▼
2024 · 28.0%
Current ratio
3.07▲
2024 · 1.34
Quick ratio
3.07▲
2024 · 1.34
Debt / equity
3.52▲
2024 · 2.57
ROE
9.6%▼
2024 · 27.3%
ROA
2.1%▼
2024 · 7.6%
Interest coverage
6.79▼
2024 · 8.40
Debt
€508k▲
2024 · €336k
Debt ≤ 1 year
€112k▲
2024 · €111k
Debt > 1 year
€396k▲
2024 · €225k
Income taxes
€11k▲
2024 · €8k
Staff costs
€338k▲
2024 · €261k
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€466k€653k▲
Formation expenses20€0€0=
Fixed assets21/28€317k€309k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€316k€308k▼
Land and buildings22€186k€183k▼
Plant, machinery and equipment23€932€3k▲
Furniture and vehicles24€21k€41k▲
Leasing and similar rights25€109k€81k▼
Other tangible fixed assets26€0€0=
Financial fixed assets28€1k€1k=
Current assets29/58€149k€344k▲
Amounts receivable within one year40/41€83k€308k▲
Trade receivables40€718€11k▲
Other amounts receivable41€82k€297k▲
Cash at bank and in hand54/58€64k€35k▼
Deferred charges and accrued income490/1€2k€527▼
Equity and liabilities
Total equity and liabilities10/49€466k€653k▲
Equity10/15€131k€145k▲
Contributions10/11€19k€19k=
Reserves13€92k€126k▲
Distributable reserves133€92k€126k▲
Profit (loss) carried forward14€20k-
Amounts payable17/49€336k€508k▲
Amounts payable after more than one year17€225k€396k▲
Financial debts170/4€225k€396k▲
Amounts payable within one year42/48€111k€112k▲
Current portion of amounts payable after more than one year42€93k€76k▼
Trade debts44€18k€25k▲
Suppliers440/4€18k€25k▲
Taxes, remuneration and social security45€1k€11k▲
Remuneration and social security454/9€1k€11k▲
Income statement
Code20242025
Non-recurring operating income76A€5k€2k▼
Remuneration, social security and pensions62€261k€338k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€51k▲
Other operating charges640/8€768€884▲
Non-recurring operating charges66A€8k-
Gross operating margin9900€363k€427k▲
Operating profit (loss)9901€56k€38k▼
Financial income75/76B€19€617▲
Recurring financial income75€19€0▼
Non-recurring financial income76B-€617
Financial charges65/66B€11k€13k▲
Recurring financial charges65€11k€13k▲
Non-recurring financial charges66B€231-
Profit (loss) for the period before taxes9903€44k€25k▼
Income taxes67/77€8k€11k▲
Profit (loss) for the period9904€36k€14k▼
Profit (loss) for the period to be appropriated9905€36k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€34k▲
Profit (loss) brought forward from the previous period14P€-16k€20k▲
Transfer to equity691/2-€34k
To other reserves6921-€34k
The notes to these accounts (11 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 3.07
Current ratio from 1.34 to 3.07.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €36k ▲616%
Net result €36k, the highest in the series.
31-12
Financial
Equity above €100kEq €131k ▲37.5%
2 profitable years in a row build equity to €131k.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-21k ▼182%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €100kEq €111k ▲29.7%
2 profitable years in a row build equity to €111k.
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.80
Current ratio from 0.98 to 2.80; short-term debt falls from €45k to €22k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Diepenbeek · 1 establishment unit since 2010
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.
Lutselusstraat 933590 DiepenbeekGround area
787 m²
Building footprint
138 m²
Parcel 71402C1204/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
ECOSAN
since 20102.194.349.242
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71402C1204/00A000 | Flanders | 787 m² | 1 · 138 m² | - |
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
2023 · 1 entry · 150 EUR awarded · 150 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 150 EUR | 150 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,524 companies in sector 43222 we hold annual accounts for 5,657. 4,894 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-11-2010
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.