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ECOSOURCEn

Active
Public limited companyfounded 2001active for 24 yearsBischoffsheimlaan 33, 1000 Brussel, Belgium61 active companies are registered at this addressKBO/BCE: BE 0476.096.487
Summary

The computed 12-month bankruptcy probability of ECOSOURCEn is 4.7% (elevated). The 2024 annual accounts show equity of €2.2m and a net result of -€166,414. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 68% of 993 sector peers (NACE 77, financial year 2024). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Rental and leasing activities
NACE 77320
1 site
Size
€3.8mtotal assets 2024
Staff
2 FTE
Equity
€2.2m
Loss
-€166,414
Financial health
38 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.7%
Structure
Largest shareholder
R&F · 50%
Board
6 members
Holdings
1
Auditor: EY Bedrijfsrevisoren BVAccounts 84 days overdue5 of 14 deeds read
Why 38raises riskFigures for financial year 2024 (filed 30-07-2025)Liquidity: current ratio 0.54, cash €4,1271 change of registered office in 24 monthslowers riskFounded in 2001Show the evidence

Checked score

Score 2024
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 36% of its sector peers (NACE 77, micro)
Financial strength · tick = 2023
Weak
Solvency 82+1
equity 57.0% of total assets
Liquidity 31-1
short-term debt 40.4% · cash 0.1%
Profitability 13-87
return on assets -4.3%
Bankruptcy probability, 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,163 companies, NACE 77, micro)
Last 24 months 11-2024: 1.2%lowest value 12-2024: 1.2%● unchanged vs 11-2024lowest value 01-2025: 1.2%● unchanged vs 12-2024lowest value 02-2025: 1.2%● unchanged vs 01-2025lowest value 03-2025: 1.3%▲ +0.1 percentage points vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.5%▲ +0.2 percentage points vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.4%▼ -0.1 percentage points vs 06-2025 08-2025: 1.3%▼ -0.1 percentage points vs 07-2025 09-2025: 4.2%▲ +2.9 percentage points vs 08-2025 10-2025: 4.2%● unchanged vs 09-2025 11-2025: 4.2%● unchanged vs 10-2025 12-2025: 1.3%▼ -2.9 percentage points vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.5%▲ +0.2 percentage points vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.7%▲ +0.2 percentage points vs 04-2026 06-2026: 1.9%▲ +0.2 percentage points vs 05-2026 07-2026: 1.9%● unchanged vs 06-2026 08-2026: 2.3%▲ +0.4 percentage points vs 07-2026 09-2026: 2.9%▲ +0.6 percentage points vs 08-2026 10-2026: 4.7%▲ +1.8 percentage points vs 09-2026highest value
Credit of up to €80,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity insufficient (current ratio 0.54, compared with 0.83 in 2023, below 1; short-term debt: 40.4% and cash: 0.1% of total assets), and 43% 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 77, micro): better than 70% on solvency, 28% on liquidity, 17% on profitability and 30% on growth.

The bankruptcy probability was computed on 22-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 30-07-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.54, cash €4,127
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Founded in 2001
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 84 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline23-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
1 day early
2023
13 days early
2022
60 days late
2021
31 days late
2020
72 days early
2019
41 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 8 days after the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Christophe Boschmans
  2. Capital & sharesCapital increase · Share issue…
  3. Resignations: BOSTEELS Dany, R&F BV and…Appointments: Patronale Life NV, VANDEN…

Key points

  • Caution: From profit to loss in 2024after €2.5m in 2023 -€166,414 View
  • Caution: Among the weakest 5% on net resultsector median €32,107 · 993 companies -€166,414 View
  • Caution: Accounts not fileddeadline was 31-07-2026 84 days late View

By topic

Financials

Financial year
2024
Total assets
€3.8m
Loss
-€166,414
Solvency
57.0%
Total assets▼ 8.9%
Net result
20182024
Go to Financials

Board & ownership

Board
6 members
Largest shareholder
R&F · 50%
Auditor
EY Bedrijfsrevisoren BV
  • BV ButeoDirector
  • BOSTEELS DanyDirector
  • BV R&FDirector
  • CORNU BartDirector
  • PATRONALE LIFEDirector

and 1 other director

Go to Board & ownership

Timeline

Events
34
Since
2003
  1. 30-07-2025Annual accounts filed
  2. 05-08-2024Appointments: BV Buteo (director) and BV R&F…
  3. 18-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Rental and leasing activitiesNACE 77320
Founded
19-11-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
25
Annual meeting
Third Thursday of May at 18:00
Purpose
“1. De oprichting en ontwikkeling van energiestorage sites voor circulaire energie in…” (deed in Dutch)
Go to Articles of association

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