Ecospenser Technologies
ActiveFrom the official registers: KBO 16 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The annual accounts of Ecospenser Technologies for financial year 2024 show a net loss of 52% of the equity at the start of that year. The 2024 annual accounts show equity of €794,381 and a net result of -€844,497. Equity is shrinking by about 11% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2025. Its solvency ranks better than 28% of 564 sector peers (NACE 74, financial year 2024). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Official details
KBO- Status
- Active since 06-11-2008 Normal situation
- Legal form
- Private limited company
- Registered office
- Collegebaan 2C, 9090 Merelbeke-Melle
- Activity
- Other professional, scientific and technical activities NACE 74999
- Establishment unit
- 2.315.530.253 9090 Merelbeke-Melle, since 22-03-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 05-08-2024
Who decides
- De Cuyper, Dirk PeterDirector · since 22-12-2023
- De Cuyper, Emiel Romain AlexDirector · since 22-12-2023
- De Cuyper, PeterDirector · since 22-12-2023
- Holdings
- Shares in 1 company Ecospenser Trading
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- -€584,356
- Loss
- €844,497
- ▲ 79.5%
- Equity
- €794,381
- ▼ 51.5%
- Total assets
- €3.4m
- ▲ 38.9%
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €844,497, the second in a row (financial year 2024)Figures for financial year 2024 (filed 24-09-2025)lowers riskSector: Other professional, scientific and technical activities (NACE 74)Size: total assets €3.4mShow the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 74, small): better than 26% on solvency, 21% on liquidity, 4% on profitability and 10% on growth.
The bankruptcy probability was computed on 31-10-2026 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
This company filed its last 6 accounts on average 2 days after the deadline; the sector median (NACE 74) for financial year 2024 is 3 days before the deadline, and 38% of those companies filed late.
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Financials · financial year 2024, abbreviated format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.
Annual accounts 2024
- Financial year ended
- 31-12-2024
- Filed on
- 23-09-2025
- Format
- abbreviated format
- Reference
- 2025-00501600
Source amounts without an identifiable currency are assumed to be EUR.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result stays negative: a loss of €822,956 in 2024 against €419,838 in 2023; the loss grows and 2024 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 74, Other professional, scientific and technical activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
- 2024 Net result -79% on 2023. The accounts now follow the abbreviated format, last year the full format.
Peer companies
Historical observationOf the 180 companies that looked in July 2024 the way this one looks now, 5.6% went bankrupt within 24 months and 91.1% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 180 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €0 | €0 | €0 | - | - | - | - | - |
| Operating charges60/66A | - | - | - | €110,516 | €176,300 | €419,838 | - | - |
| Purchases600/8 | - | - | - | - | - | €15,000 | - | - |
| Change in stocks: decrease (increase)609 | - | - | - | - | - | -€15,000 | - | - |
| Services and other goods61 | - | - | - | €69,898 | €117,182 | €287,759 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,921 | €40,921 | €40,336 | €40,000 | €58,424 | €131,487 | €237,997 | ▲ 81.0% |
| Other operating charges640/8 | - | - | - | €618 | €694 | €591 | €603 | ▲ 2.0% |
| Gross operating margin9900 | - | - | - | - | - | - | -€584,356 | - |
| Operating profit (loss)9901 | -€170,560 | -€59,675 | -€77,521 | -€110,516 | -€176,300 | -€419,838 | -€822,956 | ▼ 96.0% |
| Financial income75/76B | - | - | - | - | - | - | €971 | - |
| Recurring financial income75 | €0 | €0 | €0 | - | - | - | €971 | - |
| Financial charges65/66B | - | - | - | €19,502 | €28,506 | €50,646 | €22,512 | ▼ 55.6% |
| Recurring financial charges65 | €16,063 | €17,776 | €18,339 | €19,502 | €28,506 | €50,646 | €22,512 | ▼ 55.6% |
| Debt charges650 | €16,022 | €17,733 | €18,297 | €19,457 | €28,455 | €50,583 | - | - |
| Other financial charges652/9 | - | - | - | €45 | €51 | €63 | - | - |
| Profit (loss) for the period before taxes9903 | -€186,623 | -€77,451 | -€95,861 | -€130,017 | -€204,807 | -€470,483 | -€844,497 | ▼ 79.5% |
| Income taxes67/77 | €0 | €0 | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€186,623 | -€77,451 | -€95,861 | -€130,017 | -€204,807 | -€470,483 | -€844,497 | ▼ 79.5% |
| Profit (loss) for the period to be appropriated9905 | -€186,623 | -€77,451 | -€95,861 | -€130,017 | -€204,807 | -€470,483 | -€844,497 | ▼ 79.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.3m | €0.3m | €0.2m | €0.2m | €0.6m | €2.5m | €3.4m | ▲ 38.9% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €0.3m | €0.3m | €0.2m | €0.2m | €0.5m | €1.8m | €2.1m | ▲ 12.3% |
| Intangible fixed assets21 | €0.3m | €0.3m | €0.2m | €0.2m | €0.4m | €0.4m | €0.3m | ▼ 18.4% |
| Tangible fixed assets22/27 | €0.001m | €336 | - | - | €0.07m | €1.5m | €1.7m | ▲ 20.5% |
| Plant, machinery and equipment23 | - | - | - | - | €0.07m | €1.5m | €1.7m | ▲ 14.5% |
| Other tangible fixed assets26 | - | - | - | - | - | - | €0.09m | - |
| Financial fixed assets28 | - | - | - | - | - | €1 | €1 | = |
| Affiliated companies280/1 | - | - | - | - | - | €1 | - | - |
| Participating interests280 | - | - | - | - | - | €1 | - | - |
| Current assets29/58 | €0.02m | €0.002m | €0.003m | €0.02m | €0.2m | €0.6m | €1.4m | ▲ 117% |
| Stocks and contracts in progress3 | - | - | - | - | - | €0.02m | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | - | - | €0.02m | €0 | ▼ 100% |
| Raw materials and consumables30/31 | - | - | - | - | - | €0.02m | - | - |
| Amounts receivable within one year40/41 | €0.003m | - | €0.003m | €0.005m | €0.1m | €0.2m | €0.6m | ▲ 205% |
| Trade receivables40 | - | - | - | - | €0.02m | €0 | €0.03m | - |
| Other amounts receivable41 | - | - | - | €0.005m | €0.08m | €0.2m | €0.5m | ▲ 191% |
| Cash at bank and in hand54/58 | €0.01m | €0.002m | €0.001m | €0.01m | €0.06m | €0.4m | €0.8m | ▲ 86.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €0.001m | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.3m | €0.3m | €0.2m | €0.2m | €0.6m | €2.5m | €3.4m | ▲ 38.9% |
| Equity10/15 | -€0.4m | -€0.5m | -€0.5m | -€0.7m | -€0.9m | €1.6m | €0.8m | ▼ 51.5% |
| Contributions10/11 | €0.007m | €0.007m | - | €0.007m | €0.007m | €3.0m | €3.0m | = |
| Profit (loss) carried forward14 | -€0.4m | -€0.5m | -€0.6m | -€0.7m | -€0.9m | -€1.4m | -€2.2m | ▼ 62.0% |
| Amounts payable17/49 | €0.7m | €0.7m | €0.8m | €0.9m | €1.5m | €0.8m | €2.6m | ▲ 220% |
| Amounts payable within one year42/48 | €0.7m | €0.7m | €0.8m | €0.8m | €1.4m | €0.8m | €2.6m | ▲ 219% |
| Trade debts44 | €0.04m | - | - | - | €0.02m | €0.01m | €0.2m | ▲ 18× |
| Suppliers440/4 | - | - | - | - | €0.02m | €0.01m | €0.2m | ▲ 18× |
| Other amounts payable47/48 | - | - | - | €0.8m | €1.4m | €0.8m | €2.3m | ▲ 194% |
| Accrued charges and deferred income492/3 | - | - | - | €0.05m | €0.08m | €0.004m | €0.03m | ▲ 505% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.2m | -€0.08m | -€0.1m | -€0.1m | -€0.2m | -€0.5m | -€0.8m | ▼ 79.5% |
| + Depreciation and write-downs630 | €0.04m | €0.04m | €0.04m | €0.04m | €0.06m | €0.1m | €0.2m | ▲ 81.0% |
| Operating cash flow (approximation) | -€0.1m | -€0.04m | -€0.06m | -€0.09m | -€0.1m | -€0.3m | -€0.6m | ▼ 78.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€0.3m | -€1.5m | -€0.5m | ▲ 69.1% |
| Change in cash | - | -€0.01m | -€0.002m | €0.01m | €0.05m | €0.4m | €0.4m | ▲ 1.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | abbreviated format | 23-09-2025 | 2025-00501600 | |
| 31-12-2023 | full format | 19-08-2024 | 2024-00357492 | |
| 31-12-2022 | full format | 13-07-2023 | 2023-00247378 | |
| 31-12-2021 | full format | 19-07-2022 | 2022-20214094 | |
| 31-12-2020 | full format | 19-07-2021 | 2021-38600245 | |
| 31-12-2019 | full format | 14-07-2020 | 2020-30500220 | |
| 31-12-2018 | full format | 17-07-2019 | 2019-34900555 | |
| 31-12-2017 | full format | 11-07-2018 | 2018-32800587 | |
| 31-12-2016 | full format | 10-08-2017 | 2017-43500051 | |
| 31-12-2015 | abbreviated format | 27-05-2016 | 2016-13900141 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| De Cuyper, Dirk Peter |
|
| De Cuyper, Emiel Romain Alex |
|
| De Cuyper, Peter |
|
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, niet-statutaire bestuurders herroepbaar ad nutum bij besluit van de algemene vergadering,mits respect voor…”
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie,aangewezen als vereffenaar(s) indien geen andere vereffenaar zou zijn benoemd, ontbinding en sluiting van…”
Articles of association, deed of 25-01-2024
Owners and capital
Owners
2 ownersChain of control
- TRADIDEC
- Ecospenser Technologies
Owners 2
- TRADIDECparentSourceaccounts TRADIDEC 202551%
-
49%
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Kunnen individueel optreden, dagelijks bestuur”Other provision: “Toegang tot de algemene vergadering, rechten verbonden aan de effecten mogen niet geschorst zijn”Other provision: “Bestemming van de winst – reserves, elk aandeel recht geeft op een gelijk aandeel in de winstverdeling”Liquidation distribution: “Goederen die nog in natura voorhanden zijn op dezelfde wijze verdeeld, netto actief verdeeld onder alle aandeelhouders naar verhouding van…”
Articles of association, deed of 25-01-2024 (in Dutch)
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
100%
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
25-01
Gazette deed
Resignations: De Cuyper, Dirk Peter (director) and De Cuyper, Peter (director)Reappointments: De Cuyper, Dirk Peter (director) and De Cuyper, Peter (director) · Appointment: De Cuyper, Emiel Romain Alex (director) · Name change17 facts ▸
- General meeting, 22-12-2023
- Name change, Ecospenser Technologies
- Purpose change
- Amendment of the articles (2 times)
- Other provision, 20-12-2023
- Auditor report, 20-12-2023
- Capital contribution
- Other provision, “kennisname verslagen bestuursorgaan en bedrijfsrevisor, sluit zich aan bij besluiten erin vervat” (deed in Dutch)
- Other provision, “verklaringen inbrengers en vaststelling verwezenlijking, inbreng daadwerkelijk verwezenlijkt,akte notaris” (deed in Dutch)
- Registered office clause, “9090 Melle,Collegebaan 2 bus C” (deed in Dutch)
- Power of attorney, Christian Van Belle
- Other provision, “bestuursorgaan, toevoeging mogelijkheid tot uitkering winst door bestuursorgaan” (deed in Dutch)
- +5 further facts in this act
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het adviseren,assisteren,bemiddelen,bedenken,uitvoeren en beheren van onderzoek en ontwikkelingsactiviteiten in de ruimste betekenis…”
11 activities
- Het adviseren,assisteren,bemiddelen,bedenken,uitvoeren en beheren van onderzoek en ontwikkelingsactiviteiten in de ruimste betekenis;
- Ontwikkelen,optimaliseren,beschermen en commercialiseren van technologieën,procedures,knowhow en intellectuele eigendom in de ruimste betekenis;
- Het verlenen van gebruiksrechten aan derden op intellectuele eigendomsrechten van de vennootschap;
- De aanen verkoop (inclusief e-commerce),in-en uitvoer,commissiehandel,transport en distributie,agenturen,makelaarschap en vertegenwoordiging van om het even welke goederen;
- Advies en/of dienstverlening aan bedrijven,privépersonen en instellingen in de ruimste zin van het woord,voornamelijk doch niet uitslui-tend op het vlak van,management,marke-ting,productie en ontwik-keling,processing en het besturen van vennootschap-pen,dit alles in de meest ruime betekenis;
- Het geven van advies inzake de organisatie en het beheer van ondernemingen;
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling,en in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten,met inbegrip van het geheel of gedeeltelijk ter beschikking stellen,al dan niet tegen betaling,van een onroerend goed aan haar bestuurders,bedrijfsleiders en werknemers in het kader van een verloningspolitiek;
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;
- Het beleggen,het intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van aandelen,deelbewijzen,obligaties,inschrijvingsrechten,certificaten,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van vennootschappen,administratiekantoren,instellingen en verenigingen al dan niet met een (semi)publiekrechtelijk statuut;
- Het beheren van beleggingen en van participaties in dochtervennootschappen,het waarnemen van bestuurdersfuncties,directie,controle of vereffening,het verlenen van advies,management en andere diensten. Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan;
- Het verstrekken van leningen en voorschotten onder eender welke vorm of duur,aan al dan niet verbonden ondernemingen,alsmede het waarborgen van verbintenissen van derden.
- Name clauseThe name the company operates under according to its articles.
- Ecospenser Technologies
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of June at 11:00
Articles of association, deed of 25-01-2024 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44040D0127/00B002 | Flanders | 2,448 m² | 1 · 764 m² | 16.6 m · 4 |