ECOURT-CIRCUIT
ActiveThe computed 12-month bankruptcy probability of ECOURT-CIRCUIT is 1.6% (moderate). The 2023 annual accounts show equity of €40k and a net result of €29k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 24647 sector peers (fiscal year 2023). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2023
76
/ 100
Excellent▲ +61 vs 2022
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability100▲+100
Solvency26▲+17
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity tight (current ratio 1.12 against 0.75 in 2022), and 81.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
18.9%
Return on assets
13.4%
Age of the figures
32 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Equity grew over 2021-2023. Profits are largely retained rather than distributed.
NBB · annual accounts 2023Equity per financial year
181920212223
2018 to 2023 · latest year €40k
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 · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline15-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-10-2024, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
91 d late
2022
92 d late
2021
90 d late
2020
1 d early
2019
96 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€40k▲ 244%
2022 · €12k
2018: €9k
2019: €53k
2020: €58k
2021: €33k
2022: €12k
2018 → 2023
Total assets
€213k▲ 1.8%
2022 · €209k
2018: €121k
2019: €123k
2020: €109k
2021: €206k
2022: €209k
2018 → 2023
Net result
€29k
2022 · €-22k
2018: €25k
2019: €44k
2020: €5k
2021: €-25k
2022: €-22k
2018 → 2023
Working capital
€7k
2022 · €-17k
2018: €76k
2019: €45k
2020: €58k
2021: €7k
2022: €-17k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€53k-€58k▲ 10.1%€33k▼ 42.8%€12k▼ 64.8%€40k▲ 244%
Operating result€60k-€10k▼ 82.7%€-17k€-11k▲ 32.8%€36k
Net result€44k-€5k▼ 87.9%€-25k€-22k▲ 13.3%€29k
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: €36k after a loss of €11k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €213k
Fixed assets
€149k▼ 5.5%
Current assets
€64k▲ 24.3%
Equity and liabilities €213k
Equity
€40k▲ 244%
Debt
€173k▼ 12.5%
The debt ratio falls from 94.4% to 81.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€45k▲
2022 · €1k
Cash flow
€37k▲
2022 · €-9k
Solvency
18.9%▲
2022 · 5.6%
Current ratio
1.12▲
2022 · 0.75
Quick ratio
1.12▲
2022 · 0.75
Debt / equity
4.29▼
2022 · 16.85
ROE
70.9%▲
2022 · -183.9%
ROA
13.4%▲
2022 · -10.3%
Interest coverage
8.60▲
2022 · 0.24
Debt
€173k▼
2022 · €197k
Debt ≤ 1 year
€57k▼
2022 · €68k
Debt > 1 year
€110k▼
2022 · €124k
Income taxes
€2k▼
2022 · €6k
Staff costs
€9k▲
2022 · €5k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€209k€213k▲
Fixed assets21/28€158k€149k▼
Tangible fixed assets22/27€158k€149k▼
Land and buildings22€153k€148k▼
Plant, machinery and equipment23€919€495▼
Furniture and vehicles24€4k€485▼
Current assets29/58€51k€64k▲
Amounts receivable within one year40/41€32k€33k▲
Trade receivables40€23k€23k▲
Other amounts receivable41€10k€10k▲
Cash at bank and in hand54/58€4k€14k▲
Deferred charges and accrued income490/1€15k€17k▲
Equity and liabilities
Total equity and liabilities10/49€209k€213k▲
Equity10/15€12k€40k▲
Contributions10/11€6k€6k=
Reserves13€51k€51k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€49k€49k=
Profit (loss) carried forward14€-46k€-17k▲
Amounts payable17/49€197k€173k▼
Amounts payable after more than one year17€124k€110k▼
Financial debts170/4€124k€110k▼
Amounts payable within one year42/48€68k€57k▼
Current portion of amounts payable after more than one year42€15k€15k▼
Trade debts44€35k€22k▼
Suppliers440/4€33k€14k▼
Bills of exchange payable441€2k€8k▲
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€6k€5k▼
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€9k€13k▲
Accrued charges and deferred income492/3€6k€6k▲
Income statement
Code20222023
Non-recurring operating income76A€561€3k▲
Remuneration, social security and pensions62€5k€9k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€9k▼
Other operating charges640/8€4k€7k▲
Non-recurring operating charges66A€76-
Gross operating margin9900€11k€61k▲
Operating profit (loss)9901€-11k€36k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€-16k€31k▲
Income taxes67/77€6k€2k▼
Profit (loss) for the period9904€-22k€29k▲
Profit (loss) for the period to be appropriated9905€-22k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-46k€-17k▲
Profit (loss) brought forward from the previous period14P€-24k€-46k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-12
Financial
Back to profitnet €29k
Net result €29k after 2 loss-making years.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 90 days late
2021
31-12
Financial
Weakest financial yearnet €-25k ▼564%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 96 days late
2019
31-12
Financial
Highest result since 2018net €44k ▲76.2%
Operating result €60k, net result €44k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 57 days late
2015
12-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, La Louvière · 1 establishment unit since 2014
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.
Rue du Cimetière(H-G) 1967110 La LouvièreGround area
958 m²
Building footprint
347 m²
Volume, LiDAR
1,794 m³
Parcel 55020C0072/00K005, Wallonia · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
STMC Group
since 20142.235.361.238
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55020C0072/00K005 | Wallonia | 958 m² | 1 · 347 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 8,294 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-04-2014
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
47300Retail sale of automotive fuel
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.