ECOTONE
InactiveECOTONE was declared bankrupt on 28-02-2025 (Tribunal de l’entreprise de Liège, division Neufchâteau); the bankruptcy was closed for insufficient assets by judgment of 16-01-2026, published in the Belgian State Gazette on 22-01-2026.
Summary
Inactive; last annual accounts for fiscal year 2023.
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 31-12-2024, 2 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 · 7 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-06-2024, 37 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
37 d early
2022
34 d early
2021
122 d late
2020
69 d late
2019
21 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 28 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2023, micro schema
Equity
-€31,919▲ 20.0%
2022 · -€39,890
Total assets
€10,594▲ 48.3%
2022 · €7,145
Net result
€8,365
2022 · -€58,036
Working capital
-€33,040▲ 25.3%
2022 · -€44,206
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€8,770▲ 407%€18,836▲ 115%-€14,952-€56,170▼ 276%€12,282
Net result€5,256▲ 1,697%€13,190▲ 151%-€17,893-€58,036▼ 224%€8,365
Equity€25,469▲ 26.0%€28,658▲ 12.5%€18,540▼ 35.3%-€39,890-€31,919▲ 20.0%
Total assets€70,635▲ 14.3%€169,898▲ 141%€182,638▲ 7.5%€7,145▼ 96.1%€10,594▲ 48.3%
Debt€45,166▲ 8.6%€141,239▲ 213%€164,098▲ 16.2%€47,035▼ 71.3%€42,513▼ 9.6%
Working capital€8,947▲ 375%-€12,793€5,252-€44,206-€33,040▲ 25.3%
Staff (FTE)1.1▼ 56.0%1.9▲ 72.7%1.8▼ 5.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €12,282 after a loss of €56,170 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €10,594
Fixed assets
€1,122 ▼ 74.0%
Current assets
€9,472 ▲ 235%
Key figures and ratios
EBITDA
€12,854▲
2022 · -€51,839
Cash flow
€8,936▲
2022 · -€53,704
Solvency
-301.3%▲
2022 · -558.3%
Current ratio
0.22▲
2022 · 0.06
Quick ratio
0.22▲
2022 · 0.06
Debt to equity
-1.33▼
2022 · -1.18
ROA
79.0%▲
2022 · -812.2%
Interest coverage
2.98▲
2022 · -21.13
Debt ≤ 1 year
€42,513▼
2022 · €47,035
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €55,724 | €258 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,297 | €12,741 | €6,582 | €4,331 | €572 | ▼ 86.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €68,362 | - | - |
| Other operating charges640/8 | - | - | €2,431 | €3,392 | €211 | ▼ 93.8% |
| Non-recurring operating charges66A | - | - | €11,860 | €1,283 | - | - |
| Gross operating margin9900 | €71,633 | €103,415 | €61,646 | €21,457 | €13,065 | ▼ 39.1% |
| Operating profit (loss)9901 | €8,770 | €18,836 | -€14,952 | -€56,170 | €12,282 | ▲ 122% |
| Financial income75/76B | - | - | €394 | €394 | €394 | = |
| Recurring financial income75 | €35 | €0 | €394 | €394 | €394 | = |
| Financial charges65/66B | - | - | €3,012 | €2,454 | €4,311 | ▲ 75.7% |
| Recurring financial charges65 | €788 | €1,247 | €3,012 | €2,454 | €4,311 | ▲ 75.7% |
| Profit (loss) for the period before taxes9903 | €8,017 | €17,589 | -€17,570 | -€58,230 | €8,365 | ▲ 114% |
| Income taxes67/77 | €2,761 | €4,399 | €323 | -€194 | - | - |
| Profit (loss) for the period9904 | €5,256 | €13,190 | -€17,893 | -€58,036 | €8,365 | ▲ 114% |
| Profit (loss) for the period to be appropriated9905 | €5,256 | €13,190 | -€17,893 | -€58,036 | €8,365 | ▲ 114% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €70,635 | €169,898 | €182,638 | €7,145 | €10,594 | ▲ 48.3% |
| Formation expenses20 | €1,283 | €1,283 | €1,283 | €0 | - | - |
| Fixed assets21/28 | €17,677 | €100,687 | €96,697 | €4,316 | €1,122 | ▼ 74.0% |
| Intangible fixed assets21 | €529 | - | - | - | - | - |
| Tangible fixed assets22/27 | €16,734 | €100,272 | €96,283 | €3,902 | €998 | ▼ 74.4% |
| Land and buildings22 | - | - | €88,050 | - | - | - |
| Plant, machinery and equipment23 | - | - | €791 | €608 | €517 | ▼ 15.0% |
| Furniture and vehicles24 | - | - | €7,442 | €3,293 | €481 | ▼ 85.4% |
| Financial fixed assets28 | €415 | €415 | €415 | €415 | €124 | ▼ 70.1% |
| Current assets29/58 | €51,674 | €67,928 | €84,657 | €2,829 | €9,472 | ▲ 235% |
| Stocks and contracts in progress3 | - | €30,733 | €5,000 | €1 | €1 | = |
| Stocks30/36 | - | - | €5,000 | €1 | €1 | = |
| Amounts receivable within one year40/41 | €37,835 | €26,479 | €77,255 | €2,386 | €3,564 | ▲ 49.3% |
| Trade receivables40 | - | - | €77,255 | €1,686 | €1,686 | = |
| Other amounts receivable41 | - | - | - | €700 | €1,878 | ▲ 168% |
| Cash at bank and in hand54/58 | €13,839 | €10,715 | €360 | €442 | €5,908 | ▲ 1,238% |
| Deferred charges and accrued income490/1 | - | - | €2,042 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €70,635 | €169,898 | €182,638 | €7,145 | €10,594 | ▲ 48.3% |
| Equity10/15 | €25,469 | €28,658 | €18,540 | -€39,890 | -€31,919 | ▲ 20.0% |
| Contributions10/11 | €12,400 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €11,209 | €14,398 | -€3,495 | -€61,531 | -€53,166 | ▲ 13.6% |
| Investment grants15 | - | - | €1,575 | €1,181 | €787 | ▼ 33.3% |
| Amounts payable17/49 | €45,166 | €141,239 | €164,098 | €47,035 | €42,513 | ▼ 9.6% |
| Amounts payable after more than one year17 | €2,439 | €60,519 | €81,729 | - | - | - |
| Financial debts170/4 | - | - | €81,729 | - | - | - |
| Amounts payable within one year42/48 | €42,727 | €80,721 | €79,406 | €47,035 | €42,513 | ▼ 9.6% |
| Current portion of amounts payable after more than one year42 | - | - | €3,857 | - | - | - |
| Financial debts43 | - | - | €24,233 | - | - | - |
| Credit institutions430/8 | - | - | €24,233 | - | - | - |
| Trade debts44 | €33,296 | €33,162 | €41,194 | €33,769 | €33,247 | ▼ 1.5% |
| Suppliers440/4 | - | - | €41,194 | €33,769 | €33,247 | ▼ 1.5% |
| Taxes, remuneration and social security45 | - | - | €5,670 | €5,797 | €5,607 | ▼ 3.3% |
| Taxes450/3 | - | - | €5,670 | €5,736 | €5,607 | ▼ 2.3% |
| Remuneration and social security454/9 | - | - | - | €61 | - | - |
| Other amounts payable47/48 | - | - | €4,451 | €7,468 | €3,659 | ▼ 51.0% |
| Accrued charges and deferred income492/3 | - | - | €2,963 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,256 | €13,190 | -€17,893 | -€58,036 | €8,365 | ▲ 114% |
| + Depreciation and write-downs630 | €14,297 | €12,741 | €6,582 | €4,331 | €572 | ▼ 86.8% |
| Operating cash flow (approximation) | €19,553 | €25,930 | -€11,311 | -€53,704 | €8,936 | ▲ 117% |
| Investment in fixed assets (approximation) | - | -€95,750 | -€2,593 | €88,050 | €2,623 | ▼ 97.0% |
| Change in cash | - | -€3,124 | -€10,355 | €81 | €5,466 | ▲ 6,636% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
22-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Neufchâteau · event 16-01-2026
2025
14-03
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Neufchâteau · event 28-02-2025
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €8,365
Net result €8,365 after 2 loss-making years.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€58,036
Net result drops to -€58,036, the lowest in the series.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
08-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 69 days late
2020
31-12
Financial
Highest result since 2018net €13,190 ▲151%
Operating result €18,836, net result €13,190, both a record.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 55 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | RENAUD CRASSET RUE GEORGES LORAND 11,
6830 BOUILLON |
28-02-2025 → 16-01-2026 |