ECOWATT
ActiveECOWATT has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.71M and a net result of €-111k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 95% of 268 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▼-7
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity ample (current ratio 29.11 against 24.01 in 2024; short-term debt: 1.9% and cash: 0% of total assets), and 1.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
98.1%
Return on assets
-4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-111k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
21 d early
2023
19 d late
2022
30 d late
2021
24 d late
2020
61 d late
2019
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-111k▼ 215%
2024 · €-35k
2018: €72k
2019: €-4k
2020: €131k
2021: €2k
2022: €48k
2023: €-10k
2024: €-35k
2018 → 2025
Working capital
€1.48M▼ 1.8%
2024 · €1.51M
2018: €1.37M
2019: €1.37M
2020: €1.50M
2021: €1.50M
2022: €1.55M
2023: €1.54M
2024: €1.51M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.81M-€2.86M▲ 1.7%€2.85M▼ 0.3%€2.82M▼ 1.2%€2.71M▼ 3.9%
Operating result€6k-€-20k€-10k▲ 48.9%€-35k▼ 237%€-27k▲ 24.0%
Net result€2k-€48k▲ 2,048%€-10k€-35k▼ 259%€-111k▼ 215%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €27k in 2025 against €35k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.76M
Fixed assets
€1.23M▼ 6.4%
Current assets
€1.53M▼ 2.5%
Equity and liabilities €2.76M
Equity
€2.71M▼ 3.9%
Debt
€53k▼ 19.6%
The debt ratio falls from 2.3% to 1.9%. Equity and debt are lower.
Key figures and ratios
Solvency
98.1%▲
2024 · 97.7%
Current ratio
29.11▲
2024 · 24.01
Quick ratio
7.77▲
2024 · 6.86
Debt / equity
0.02▼
2024 · 0.02
ROE
-4.1%▼
2024 · -1.3%
ROA
-4.0%▼
2024 · -1.2%
Debt
€53k▼
2024 · €65k
Debt ≤ 1 year
€53k▼
2024 · €65k
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€2.88M€2.76M▼
Fixed assets21/28€1.31M€1.23M▼
Financial fixed assets28€1.31M€1.23M▼
Current assets29/58€1.57M€1.53M▼
Stocks and contracts in progress3€1.12M€1.12M=
Contracts in progress37€1.12M€1.12M=
Amounts receivable within one year40/41€448k€408k▼
Trade receivables40€197k€160k▼
Other amounts receivable41€251k€248k▼
Cash at bank and in hand54/58€419€823▲
Equity and liabilities
Total equity and liabilities10/49€2.88M€2.76M▼
Equity10/15€2.82M€2.71M▼
Contributions10/11€1.84M€1.84M=
Capital10€1.84M€1.84M=
Issued capital100€1.84M€1.84M=
Reserves13€194k€194k=
Non-distributable reserves130/1€184k€184k=
Legal reserve130€184k€184k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€779k€668k▼
Amounts payable17/49€65k€53k▼
Amounts payable within one year42/48€65k€53k▼
Trade debts44€22k€16k▼
Suppliers440/4€22k€16k▼
Other amounts payable47/48€44k€37k▼
Income statement
Code20242025
Other operating charges640/8€22k€34k▲
Gross operating margin9900€-13k€7k▲
Operating profit (loss)9901€-35k€-27k▲
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B€61€84k▲
Recurring financial charges65€61€72▲
Non-recurring financial charges66B-€84k
Profit (loss) for the period before taxes9903€-35k€-111k▼
Profit (loss) for the period9904€-35k€-111k▼
Profit (loss) for the period to be appropriated9905€-35k€-111k▼
Appropriation of the result
Profit (loss) to be appropriated9906€779k€668k▼
Profit (loss) brought forward from the previous period14P€815k€779k▼
The notes to these accounts (3 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-111k
Net result drops to €-111k, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 19 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Liquidity times 5current ratio 156.22
Current ratio from 28.52 to 156.22; short-term debt falls from €55k to €10k.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €131k
Net result €131k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 29.50
Current ratio from 7.78 to 29.50; short-term debt falls from €202k to €53k.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
26-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 118 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Heusden-Zolder · 1 establishment unit since 2000
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.
Sint-Willibrordusplein 133550 Heusden-ZolderGround area
217 m²
Building footprint
217 m²
Volume, LiDAR
1,938 m³
Parcel 71502B0468/00P000, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Willibrordusplein 13, 3550 Heusden-Zolder
since 20002.052.936.902
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71502B0468/00P000 | Flanders | 217 m² | 1 · 217 m² | 12.1 m · 3 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 815 companies in sector 35110 we hold annual accounts for 631. 386 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-04-1991
Fiscal year end31-12
Activities, NACEBEL
35110Production of electricity from non-renewable sources
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.