Losses
-€5.8m in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
ECOSTAL
Part of the group
10 companies in 3 countries
Lifetime
17 annual accounts with figures on one time axispeak €123.7m (2023)
€32.5m▼ 0.1%
lowest -€3.0m (2025)
-€3.0m▼ €148,412
peak €30.1m (2024)
€27.1m▼ 9.9%
€93.9m▲ 2.6%
peak 15.2 FTE (2023)
11.4 FTE▼ 3.4%
Board12 names since 2012
4 directors and 3 others
Owners4 names in the annual accounts
100%
Documentsfilings and deeds
23-07-20268 days before the deadline
2025financial year
Loss of €3.0mMerger proposal: ECOSTAL SA takes over PROJECT 0 SRL 19-05
Key points
from the 2025 annual accountsDebts
€93.9m 78% of the balance sheet
Financial debts 71%Suppliers 4%Taxes and wages 0%Other 24%
€45.6m of the debts are secured on the company's own assets. In 2021 that was €2.7m.
Investments
€20,478 0.1 × depreciation
Green is investment, beige is depreciation.
Staff
12 employees on 31-12-2025
In 2025, 6 people joined and 5 left. On top of that, 1 agency workers worked there on average.
Filings
17 annual accounts since 2009
Three of the last ten came late. The 2018 accounts came latest: 27 days after the end of the period.
Position in the sector
-€3.0m
Lower net result than 95% of companies in wholesale trade. Sector median €266,649 · 3,705 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
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Signals
Board and ownership
Managing director,
Director, , since 25-09-2023
Director, , since 19-12-2024
Auditor,
- 100%equity €178.6m (2025) · 2025 annual accounts of
- 64.5%equity €151.8m (2025) · annual accounts 2016
Shares in 4 companies, including and
Board & ownershipRecent changes
Appointment: (statutory auditor)
General meeting of 16-07-2026 · Gazette deed
1 director resigning
· Permanent representatives: and · Director discharge: · Gazette deed
Merger proposal: ECOSTAL SA takes over PROJECT 0 SRL
The company holds all the shares of PROJECT 0 SRL · Gazette deed
Capital increase of €18,000,000 to €18,100,000
Capital from €100,000 to €18,100,000, 180,000 new shares · Resignation: (director) · Permanent representatives: and · General meeting of 19-12-2024 · Gazette deed
Comparable companies
same main activity, the nearest in size| Company | ||||
|---|---|---|---|---|
| ECOSTAL Soumagne | €32.5m | 1.9% | 22.4% | 11.4 |
| ENECO SOLAR BELGIUM Ghent | €15.5m | 17.6% | 67.7% | 30.1 |
| B - CABLES Lokeren | €46.7m | 10.7% | 75.5% | 14.3 |
| POWERDEAL Herstal | €28.1m | 3.6% | 67.2% | 6.3 |
| AGEMAT Herstal | €38.7m | 1.4% | 17.8% | 32.3 |
| Kappa Data Nazareth-De Pinte | €56.5m | 3.0% | 20.6% | 18.8 |
| ENERGREEN Tongeren-Borgloon | €22.3m | -6.6% | 63.3% | 16.3 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ECOSTAL: wholesale of electrical equipment, including installation materials (NACE 46643). They are smaller than ECOSTAL: total assets between €13m and €49m, founded between 1992 and 2013.
Official details
Source: KBO- Status
- Active since 22-09-2008Normal situation
- Registered office
- 10 active companies are registered at this addressSource: KBO register, as of 15 November 2026.
- Activity
- Wholesale of electrical equipment, including installation materialsNACE 46643and 3 others
- Joint committee
- 149.01Electricians: installation and distribution · annual accounts 2025
- Establishment unit
- 2.173.536.0124632 Soumagne, since 10-10-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Annual accounts 2025
- €121.1m▼ 0.5%
- Employeeson 31-12-2025
- 12▲ 9.1%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on ECOSTAL
ECOSTAL has existed since 2008. Turnover fell from €123.7m in 2023 to €32.5m in 2024. Demerger with SART GARE IMMO, Official Gazette 09-10-2023, in the previous financial year. That operation now counts for a full year for the first time.
holds all the shares. In October 2023, the Official Gazette published the appointment of as managing director.
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 ECOSTAL
- What is the company number of ECOSTAL?
- The company number of ECOSTAL is 0806.747.119. The VAT number is the same number with BE in front: BE 0806.747.119.
- Where is ECOSTAL based?
- The registered office is at Rue du Relais 1, 4632 Soumagne.Company details
- What does ECOSTAL do?
- According to the KBO register, the main activity is wholesale of electrical equipment, including installation materials (NACE 46643).
- What is the legal form of ECOSTAL?
- ECOSTAL is a public limited company (NV).
- When was ECOSTAL founded?
- ECOSTAL was founded on 22-09-2008.
- Is ECOSTAL still active?
- Yes, ECOSTAL is an active enterprise in the KBO register.
- How many employees does ECOSTAL have?
- ECOSTAL had an average of 11.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ECOSTAL fall under?
- In its 2025 annual accounts, ECOSTAL states joint committee 149.01 (Electricians: installation and distribution).
- What is the turnover of ECOSTAL?
- The turnover of ECOSTAL was €32.5m in financial year 2025, according to the filed annual accounts.
- Is ECOSTAL profitable?
- In financial year 2025, ECOSTAL made a loss of €3.0m.
- Where can I find the annual accounts of ECOSTAL?
- ECOSTAL filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ECOSTAL due?
- ECOSTAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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