ECOTACK
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2022 close31-01-2023 deadline15-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 07-01-2022, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
24 d early
2020
10 d early
2019
16 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema
Turnover
€3.53M▲ 104%
2020 · €1.73M
2019: €1.34M
2020: €1.73M
2019 → 2021
EBIT margin
39.2%▼ 0.3pp
2020 · 39.6%
2019: 26.0%
2020: 39.6%
2019 → 2021
Net result
€1.01M▲ 149%
2020 · €407k
2019: €144k
2020: €407k
2019 → 2021
Working capital
€2.86M▲ 63.1%
2020 · €1.75M
2019: €1.34M
2020: €1.75M
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Turnover€1.34M-€1.73M▲ 29.2%€3.53M▲ 104%
Equity€11.47M-€11.87M▲ 3.5%€12.89M▲ 8.5%
Operating result€349k-€685k▲ 96.4%€1.39M▲ 102%
Net result€144k-€407k▲ 182%€1.01M▲ 149%
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2021 is 102% above 2020 and is the highest year so far.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €17.68M
Fixed assets
€10.14M=
Current assets
€7.54M▲ 27.5%
Equity and liabilities €17.68M
Equity
€12.89M▲ 8.5%
Debt
€4.80M▲ 14.7%
The debt ratio rises from 26.1% to 27.1%: debt grows faster than equity.
Key figures and ratios
Solvency
72.9%▼
2020 · 73.9%
Current ratio
1.61▲
2020 · 1.42
Quick ratio
1.46▲
2020 · 0.75
ROE
7.9%▲
2020 · 3.4%
ROA
5.7%▲
2020 · 2.5%
Debt
€4.80M▲
2020 · €4.18M
Debt ≤ 1 year
€4.69M▲
2020 · €4.16M
Income taxes
€181k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€16.06M€17.68M▲
Fixed assets21/28€10.14M€10.14M=
Financial fixed assets28€10.14M€10.14M=
Current assets29/58€5.92M€7.54M▲
Stocks and contracts in progress3€2.77M€715k▼
Amounts receivable within one year40/41€869k€816k▼
Cash at bank and in hand54/58€2.27M€5.38M▲
Equity and liabilities
Total equity and liabilities10/49€16.06M€17.68M▲
Equity10/15€11.87M€12.89M▲
Contributions10/11€65k€65k=
Reserves13€7k€7k=
Profit (loss) carried forward14€11.80M€12.82M▲
Amounts payable17/49€4.18M€4.80M▲
Amounts payable within one year42/48€4.16M€4.69M▲
Trade debts44-€125
Income statement
Code20202021
Turnover70€1.73M€3.53M▲
Operating profit (loss)9901€685k€1.39M▲
Recurring financial income75€7k-
Recurring financial charges65€285k€190k▼
Debt charges650€285k€190k▼
Profit (loss) for the period before taxes9903€407k€1.19M▲
Income taxes67/77-€181k
Profit (loss) for the period9904€407k€1.01M▲
Profit (loss) for the period to be appropriated9905€407k€1.01M▲
Timeline · acts, filings and financial milestones
2022
07-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Highest result since 2019net €1.01M ▲149%
Operating result €1.39M, net result €1.01M, both a record.
21-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
13-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
15-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
15-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
16-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
30-03
State Gazette act
Director resignation · Director appointment
Permanent representative · Board meeting
2014
23-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
13-01
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
21-01
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Connections & network
3 connected companiesNetwork connections
Shared director
→
Shared director
→
Shared director
→
Ownership & control
1 partyECOTACKBE 0458.915.413
controls
Where this company holds controlthis company sits on their board1
2 locations