ECOTECH VERHAEGE
ActiveThe computed 12-month bankruptcy probability of ECOTECH VERHAEGE is 2.5% (moderate). The 2025 annual accounts show equity of €12k and a net result of €5k. Equity is growing by ~40.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 27787 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+26
Solvency68▲+21
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.88 against 0.66 in 2024; short-term debt: 36.5% and cash: 2.7% of total assets), but 57.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.7%
Return on assets
18.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-03-2026, 52 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
52 d early
2024
51 d early
2023
55 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▲ 75.6%
2024 · €7k
2023: €6k
2024: €7k
2023 → 2025
Total assets
€27k▼ 7.7%
2024 · €30k
2023: €45k
2024: €30k
2023 → 2025
Net result
€5k▲ 1,582%
2024 · €299
2023: €4k
2024: €299
2023 → 2025
Working capital
€9k
2024 · €-7k
2023: €-10k
2024: €-7k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€6k-€7k▲ 4.7%€12k▲ 75.6%
Operating result€7k-€4k▼ 46.6%€12k▲ 198%
Net result€4k-€299▼ 92.8%€5k▲ 1,582%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 198% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27k
Fixed assets
€9k▼ 44.3%
Current assets
€19k▲ 31.7%
Equity and liabilities €27k
Equity
€12k▲ 75.6%
Debt
€16k▼ 31.8%
The debt ratio falls from 77.5% to 57.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▲
2024 · €8k
Cash flow
€9k▲
2024 · €4k
Solvency
42.7%▲
2024 · 22.5%
Current ratio
1.88▲
2024 · 0.66
Quick ratio
1.13▲
2024 · 0.30
Debt / equity
1.34▼
2024 · 3.45
ROE
43.1%▲
2024 · 4.5%
ROA
18.4%▲
2024 · 1.0%
Interest coverage
3.17▲
2024 · 2.58
Debt
€16k▼
2024 · €23k
Debt ≤ 1 year
€10k▼
2024 · €22k
Debt > 1 year
€6k▲
2024 · €1k
Income taxes
€1k▲
2024 · €531
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€30k€27k▼
Fixed assets21/28€15k€9k▼
Tangible fixed assets22/27€13k€9k▼
Plant, machinery and equipment23€2k€875▼
Furniture and vehicles24€11k€8k▼
Financial fixed assets28€3k-
Current assets29/58€14k€19k▲
Stocks and contracts in progress3€8k€8k▼
Stocks30/36€8k€8k▼
Amounts receivable within one year40/41€7k€10k▲
Trade receivables40€3k€6k▲
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58-€749
Deferred charges and accrued income490/1€45€47▲
Equity and liabilities
Total equity and liabilities10/49€30k€27k▼
Equity10/15€7k€12k▲
Contributions10/11€3k€3k=
Reserves13€4k€9k▲
Distributable reserves133€4k€9k▲
Amounts payable17/49€23k€16k▼
Amounts payable after more than one year17€1k€6k▲
Financial debts170/4€1k€6k▲
Amounts payable within one year42/48€22k€10k▼
Current portion of amounts payable after more than one year42€7k€6k▼
Financial debts43€10k-
Credit institutions430/8€10k-
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Other amounts payable47/48€437-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€986€1k▲
Gross operating margin9900€9k€17k▲
Operating profit (loss)9901€4k€12k▲
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€830€7k▲
Income taxes67/77€531€1k▲
Profit (loss) for the period9904€299€5k▲
Profit (loss) for the period to be appropriated9905€299€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€299€5k▲
Transfer to equity691/2€299€5k▲
To other reserves6921€299€5k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2023net €5k ▲1582%
Operating result €12k, net result €5k, both a record.
30-09
Financial
Liquidity triplescurrent ratio 1.88
Current ratio from 0.66 to 1.88; short-term debt falls from €22k to €10k.
10-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €299 ▼92.8%
Net result drops to €299, the lowest in the series; recovery starts the following year.
06-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Blinde-Rodenbachstraat 138800 RoeselareGround area
536 m²
Building footprint
201 m²
Volume, LiDAR
1,085 m³
2 parcels, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ECOTECH VERHAEGE
since 20222.336.596.376
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36015A1086/00W000 | Flanders | 411 m² | 1 · 124 m² | 6.7 m · 2 fl. |
| 36302B0267/00H002 | Flanders | 125 m² | 1 · 77 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 810 EUR awarded · 810 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 810 EUR | 810 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,328. 5,945 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-10-2022
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.