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ECOSO

Active
Non-profit associationfounded 2015active for 11 yearsOude Baan 1F, 2800 Mechelen, BelgiumKBO/BCE: BE 0629.934.529
Summary

ECOSO has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.2m and a net result of €13,789, of which €76,191 non-recurring income. Equity is growing by about 4% per year across the filed financial years. Its solvency ranks better than 76% of 12,724 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Retail sale of antiques
NACE 47791Social work activities without accommodation NACE 88993
7th largest employer in Mechelen, Wholesale and retail trade sector15 sites
Size
€5.6mturnover 2025
Staff
175.7 FTE
Equity
€7.2m
Surplus
€13,789
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
16 members
Auditor: Moore Audit2025 accounts 30 days early
Why 97lowers riskLegal form: non-profit associationFounded in 2015Equity €7.2m (62.9% of total assets)Liquidity: current ratio 2.53, cash €1.2mShow the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 74% of its sector peers (NACE 47, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 88-5
equity 62.9% of total assets
Liquidity 61-12
short-term debt 13.5% · cash 10.4%
Profitability 66-8
return on assets 0.1%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (385 companies, NACE 47, medium-sized)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 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%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged 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 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.53, compared with 3.46 in 2024, above the usual 1.5; short-term debt: 13.5% and cash: 10.4% of total assets), and 37.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, medium-sized): better than 87% on solvency, 88% on liquidity, 66% on profitability and 54% on growth.

The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Founded in 2015
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €7.2m (62.9% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.53, cash €1.2m
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
35 days early
2023
29 days early
2022
35 days early
2021
30 days early
2020
25 days early
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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 1 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignations: Fouzi El Mourabit (director) and…Admissions: Fouzi El Mourabit, Koenraad…
  3. Weakest financial yearnet €13,789 ▼95%

Key points

  • Caution: Result fell in 2025from €274,534 to €13,789 ▼ 95.0% View
  • Positive: Among the best 5% on equitysector median €237,258 · 12,734 companies €7.2m View
  • Positive: 5 years of growth in a rowturnover 2025: €5.6m 5 years View
  • Flemish supportawarded from 2022 to 2025 €11.9m View
  • Board changedlatest change 11-05-2026 · 16 in office 2 joined · 1 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

By topic

Financials

Financial year
2025
Turnover
€5.6m
Profit
€13,789
Solvency
62.9%
Turnover▲ 8.8%
Net result
20182025
Go to Financials

Board & ownership

Board
16 members
Auditor
Moore Audit
  • Kristin ScharpéDirector
  • Marc De GeyterDirector
  • Pierre Jean-ChristopheDirector
  • Rita ClaesDirector
  • Bert LeysenDirector

and 11 other directors

Go to Board & ownership

Timeline

Events
31
Since
2015
Next accounts
by 31-07-2027
  1. 26-06-2025Annual accounts filed
  2. 18-06-2025Resignations: Karen Janssens, Geert Jespers and 2…
  3. 10-06-2025Appointments: Rudi De Meyer, Veerle De Beuckeleer…
Go to Timeline

Company details

Sites
15
Legal form
Non-profit association
Activity
Retail sale of antiquesNACE 47791
Founded
20-04-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Purpose
“De vereniging heeft tot doel (i) maatschappelijke dienstverlening in de meest ruime zin…” (deed in Dutch)
Go to Articles of association

Key facts about ECOSO

What is the company number of ECOSO?
0629.934.529. In Belgium the VAT number is the company number with BE in front: BE 0629.934.529.
Where is ECOSO based?
The registered office is at Oude Baan 1F, 2800 Mechelen.Company details
What does ECOSO do?
According to the KBO register, the main activity is retail sale of antiques (NACE 47791).
What is the legal form of ECOSO?
Non-profit association (VZW).
When was ECOSO founded?
On 20-04-2015.
Is ECOSO still active?
Yes, ECOSO is an active enterprise in the KBO register.
How many employees does ECOSO have?
On average 175.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ECOSO?
€5.6m in financial year 2025, according to the filed annual accounts.
Is ECOSO profitable?
In financial year 2025, ECOSO made a profit of €13,789.
Where can I find the annual accounts of ECOSO?
ECOSO filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ECOSO due?
By 31-07-2027, for financial year 2026.Timeline

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