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ECOTONES

Active Private foundationfounded 2019active for 6 yearsChemin du Griffon 1, 1340 Ottignies-Louvain-la-NeuveKBO/BCE: BE 0738.992.124 #4 company by total assets in Ottignies-Louvain-la-Neuve, Other services sector

Lifetime

5 annual accounts with figures on one time axis
peak €160,088 (2024)
€134,288▼ 16.1%
lowest -€115,575 (2023)
-€89,968▲ €13,865
peak -€123,275 (2021)
-€534,142▼ €90,718
€3.6m▼ 1.5%
Board11 names since 2019
6 directors and 5 others
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from €160,088 to €134,288Loss of €89,968Equity from -€443,424 to -€534,142Cash from €111,778 to €24,307

Key points

from the 2025 annual accounts

Equity

-€534,142
20212022202320242025

Debts exceed assets in financial year 2025.

Deficits

-€461,153 in five years
-43,5382021-108,2402022-115,5752023-103,8322024-89,9682025

Every financial year from 2021 to 2025 closed with a deficit. 2023 was the heaviest.

Debts

€3.6m 117% of the balance sheet
Financial debts 98%Suppliers 0%Taxes and wages 0%Other 2%

Of this, €70,517 falls due within a year.

Liquidity

0.69 was 1.82 in 2024

Short-term debts rose from €69,107 to €70,517.

Filings

5 annual accounts 3 late
AprilJune31 JulyOctober20222024

The 2022 accounts came latest: 367 days after the end of the period.

Position in the sector

-€534,142

Less equity than 95% of companies in membership organisations. Sector median €143,875 · 506 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,565 companies had the same profile as ECOTONES has now. Each dot stands for 4 companies, two years later.

88.8%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a small loss

Another 0.6% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,565 companies, not a prediction for ECOTONES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Chair
Managing director
Director, since 10-12-2019
Director, since 10-12-2019
Director, since 10-12-2019
Director, since 10-12-2019
and 1 otherBoard & ownership

Recent changes

Resignations: (managing director) and (director) Board meeting of 9, 2024 · Gazette deed
3 directors appointed, 3 resignations, 1 reappointment Resignations: , and (administrateur et président de la fondation) · Appointments: , and (chair) · Reappointment: (managing director) · Board meeting of 16-09-2022 · Gazette deed
First establishment Chemin du Griffon 1, Ottignies-Louvain-la-Neuve
Incorporation Founding capital of €5,000 · Founders: , , and 4 others · Appointments: , , , , , (managing director) and 3 others · published on 13-12-2019 · Gazette deed
All 11 events

Comparable companies

same main activity, similar in size and age
Company
ECOTONES Ottignies-Louvain-la-Neuve €3.1m €134,288 -17.5% -
beweging.111 Antwerp €2.8m €114,279 98.2% -
EU BIOTECH CAMPUS Charleroi €8.6m €89,721 47.0% -
Underwater Solutions Group Antwerp €0.9m €125,965 22.5% 2.8
Solid Ghent €2.4m €358,267 28.4% -
international panel of experts on sustainable food systems Saint-Josse-ten-Noode €1.4m €320,690 11.6% 3.3
Institut Culturel d'Architecture Wallonie-Bruxelles Namur €1.3m €331,499 -3.0% -

These companies have the same main activity as ECOTONES: other membership organisations (NACE 94999). They are comparable in size and age: total assets between €858,000 and €8.6m, founded between 2016 and 2021.

Official details

Source: KBO
Status
Active since 11-12-2019Normal situation
Registered office
15 active companies are registered at this addressSource: KBO register, as of 13 November 2026.
Activity
Other membership organisationsNACE 94999
Joint committee
337Auxiliary committee for the non-profit sector · annual accounts 2025
Establishment unit
2.326.052.4761340 Ottignies-Louvain-la-Neuve, since 10-01-2022
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

≈ €340,000estimated
€3.1m▼ 4.5%
Employeeson 31-12-2025
1=
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on ECOTONES

ECOTONES files the micro format. That format states no turnover. The gross margin rose from €94,260 in 2021 to €134,288 in 2025.

In January 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 ECOTONES

What is the company number of ECOTONES?
The company number of ECOTONES is 0738.992.124. The VAT number is the same number with BE in front: BE 0738.992.124.
Where is ECOTONES based?
The registered office is at Chemin du Griffon 1, 1340 Ottignies-Louvain-la-Neuve.Company details
What does ECOTONES do?
According to the KBO register, the main activity is other membership organisations (NACE 94999).
What is the legal form of ECOTONES?
ECOTONES is a private foundation.
When was ECOTONES founded?
ECOTONES was founded on 11-12-2019.
Is ECOTONES still active?
Yes, ECOTONES is an active enterprise in the KBO register.
How many employees does ECOTONES have?
ECOTONES had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ECOTONES fall under?
In its 2025 annual accounts, ECOTONES states joint committee 337 (Auxiliary committee for the non-profit sector).
What is the turnover of ECOTONES?
The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €134,288 and 2,201 comparable companies of the same size. It probably lies between €220,000 and €520,000. It is a rough estimate.
Is ECOTONES profitable?
In financial year 2025, ECOTONES made a loss of €89,968.
Where can I find the annual accounts of ECOTONES?
ECOTONES filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ECOTONES due?
ECOTONES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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