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Ecoterian

Active
Private limited companyfounded 20215 years activePastoor Evrardlaan 44, 1731 Asse, BelgiumKBO/BCE: BE 0769.331.150
Summary

The computed 12-month bankruptcy probability of Ecoterian is 3.9% (moderate). The 2024 annual accounts show equity of €96,816 and a net result of -€23,755. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 62% of 877 sector peers (NACE 58, fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Other software publishing
NACE 58290
Size
€150,503total assets 2024
Staff
0.7 FTE
Equity
€96,816
Loss
-€23,755
Turnover not published (abridged schema)
Financial health
48 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.9%
Structure
Largest shareholder
BLUGRI SOFTWARE + SERVICES · 20.06%
Accounts 69 days overdue1 of 4 deeds read
Why 48- Figures for FY 2024 (filed 26-09-2025)- No establishment unit in the KBO- 1 financial year not filed after the legal deadline; latest accounts 56 days late; 1 of the last 3 late+ Sector Publishing activities (NACE 58)Show the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 33% of its sector peers (NACE 58, micro)
Financial strength · tick = 2023
Average
Solvency 89-11
equity 64.3% of total assets
Liquidity 51-6
short-term debt 2.5% · cash 0.7%
Profitability 0=
return on assets -15.8%
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,273 companies)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.7%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 1.3%▲ +0.5 percentage points vs 07-2025 09-2025: 1.6%▲ +0.3 percentage points vs 08-2025 10-2025: 1.3%▼ -0.3 percentage points vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.4%▲ +0.1 percentage points vs 04-2026 06-2026: 1.4%● unchanged vs 05-2026 07-2026: 1.4%● unchanged vs 06-2026 08-2026: 1.9%▲ +0.5 percentage points vs 07-2026 09-2026: 2.3%▲ +0.4 percentage points vs 08-2026 10-2026: 3.9%▲ +1.6 percentage points vs 09-2026highest value
Credit up to €4,500 at 30 days acceptable
Liquidity short (current ratio 0.61; short-term debt: 2.5% and cash: 0.7% of total assets), and 35.7% of the assets are financed with debt.
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 58, micro): better than 64% on solvency, 44% on liquidity, 8% on profitability and 16% on growth.

The bankruptcy probability was computed on 07-10-2026 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 risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 26-09-2025)
NBB · annual accounts
lowers risk · Sector Publishing activities (NACE 58)
KBO
raises risk · No establishment unit in the KBO
KBO · seat and establishments
raises risk · 1 financial year not filed after the legal deadline; latest accounts 56 days late; 1 of the last 3 late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
222324
2022 to 2024 · latest year -€23,755
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
56 days late
2023
155 days early
2022
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 45 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Weakest financial yearnet -€67,313

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2024 -€23,755 View
  • Caution: Among the weakest 11% on net resultsector median €6,100 · 874 companies -€23,755 View
  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Caution: Equity fell in 2024from €170,571 to €96,816 ▼ 43.2% View
  • Flemish supportawarded 2022 - 2025 €50,000 View

By topic

Financials

Fiscal year
2024
Total assets
€150,503
Loss
-€23,755
Solvency
64.3%
Turnover▲ 1,742%
Net result
20222023
Go to Financials

Timeline

Events
5
Since
2023
  1. 31-12-2023Equity above €150,000
  2. 24-06-2023Annual accounts filed
Go to Timeline

Company details

Legal form
Private limited company
Activity
Other software publishingNACE 58290
Founded
04-06-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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