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ECOWORLD

Active
Private limited company·Overige bouwinstallatie· 7 yrs active
Oktrooiplein 1 ·9000 Gent, Belgium
KBO/BCE: BE 0707.852.748
Watch Print / PDF
Age7 yrs
Board5
Staff (FTE)5.9
Connections21
Real estate3 parcels · 3,681 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ECOWORLD is 3.0% (moderate). The 2023 annual accounts show equity of €2.84M and a net result of €1.70M. Equity is growing by ~136.6% per year across the filed fiscal years. Its solvency ranks better than 86% of 901 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

1 signal · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 86% of 901 peers (2023). A comfortable equity buffer.
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Annual accounts not filed
The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record today, 377 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
How we compute the deadline
The year end is derived from 5 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 29-08-2024 29 d late 2024-00401778
31-12-2022 31-07-2023 19-06-2023 42 d early 2023-00134213
31-12-2021 31-07-2022 14-06-2022 47 d early 2022-20060716
31-12-2020 31-07-2021 23-06-2021 38 d early 2021-23600384
31-12-2019 31-07-2020 11-03-2020 142 d early 2020-06400594

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2018, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
3.0% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Multiple establishment units +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€1.70M
Working capital€2.44M

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 29-08-2024 with the NBB · fiscal year 2023 · verkort
€-1.00M€0€1.00M€2.00MOperating result 2019: €86k€86kNet result 2019: €67k€67kOperating result 2020: €164k€164kNet result 2020: €138k€138kOperating result 2021: €-201k€-201kNet result 2021: €-212k€-212kOperating result 2023: €2.33M€2.33MNet result 2023: €1.70M€1.70M2019202020212023
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~136.6%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€10.00M€20.00M€30.00M€40.00M2024: €6.53M (€6.31M - €6.76M)2025: €15.45M (€15.23M - €15.68M)2026: €36.56M (€36.33M - €36.79M)2019: €86k2020: €223k2021: €11k2023: €2.84M2019202020212023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2023 · NACE 43, Specialised construction · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 68.0% 33.8%
better than 86% of 901 sector peers
Net result €1.70M €29k
better than 95% of 901 sector peers
Equity €2.84M €130k
better than 95% of 901 sector peers
Gross operating margin €2.84M €196k
better than 95% of 899 sector peers
Staff costs €335k €209k
higher than 65% of 569 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P86
2020: P25 · n=4302021: P9 · n=5562023: P86 · n=9012020 2023
Improving position over 2020-2023 · n=430-901
Net result P95
2020: P84 · n=4302021: P5 · n=5542023: P95 · n=9012020 2023
Stable position over 2020-2023 · n=430-901
Equity P95
2020: P53 · n=4302021: P13 · n=5562023: P95 · n=9012020 2023
Improving position over 2020-2023 · n=430-901
Gross operating margin P95
2020: P38 · n=4292021: P22 · n=5552023: P95 · n=8992020 2023
Improving position over 2020-2023 · n=429-899
Describes the position versus peers, not a forecast.
EBITDA
€2.40M
- 19-23
Net profit
€1.70M
- 19-23
Cash flow
€1.78M
- 19-23
Total assets
€4.18M
+180.8% 19-23
Equity
€2.84M
+26006.2% 19-23
Working capital
€2.44M
- 19-23
Employees (FTE)
6
+47.5% 19-23
Staff costs
€335k
+61.6% 19-23
Income taxes
€587k
+447735.4% 19-23
Debt
€1.34M
-9.4% 19-23
Debt ≤ 1y
€825k
-19.5% 19-23
Debt > 1y
€488k
+8.0% 19-23
Current ratio
3.96
+572.9% 19-23
Quick ratio
2.27
+696.1% 19-23
Solvency
68.0%
+9197.9% 19-23
Debt / equity
0.47
-99.7% 19-23
ROE
60.1%
- 19-23
ROA
40.8%
- 19-23
Interest coverage
58.99
- 19-23
Figures by fiscal year
Fiscal year2023
Depositverkort
Revenue-
EBITDA€2.40M
Net profit€1.70M
Cash flow€1.78M
Staff costs€335k
Income taxes€587k
Dividends-
Total assets€4.18M
Equity€2.84M
Debt€1.34M
of which ≤ 1y€825k
of which > 1y€488k
Working capital€2.44M
Employees (FTE)5.9
Ratios (computed)
2023
Current ratio3.96
Quick ratio2.27
Working capital ratio58.5%
Solvency68.0%
Debt / equity0.47
Long-term debt ratio0.17
Interest coverage58.99
Gross margin-
Net margin-
ROA40.8%
ROE60.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€4.18M
Fixed assets 21/28€909k
Intangible fixed assets 21€75k
Tangible fixed assets 22/27€825k
Financial fixed assets 28€9k
Current assets 29/58€3.27M
Stocks & contracts in progress 3€1.39M
Amounts receivable within one year 40/41€439k
Cash & bank 54/58€1.35M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€4.18M
Equity 10/15€2.84M
Contributions / capital 10/11€19k
Reserves 13€2.82M
Amounts payable 17/49€1.34M
Amounts payable after one year 17€488k
Amounts payable within one year 42/48€825k
Trade debts payable within one year 44€206k
Income statement
Gross operating margin 9900€2.84M
Operating result 9901€2.33M
Financial income 75€3k
Financial charges 65€41k
Result before taxes 9903€2.29M
Income taxes 67/77€587k
Net result for the period 9904€1.70M
Result to be appropriated 9905€1.70M
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
100 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Directors

Directors & mandates

8 directors
Current directors & mandates
  • ArtasLegal entity
    Director· perm. rep.: Martijn Wanten
    State Gazette act 24156791 (31-10-2024)
    Current
    31-10-2024 → present
  • ANERGYLegal entity
    Director· perm. rep.: Geraerts Gert Leon Mathijs
    State Gazette act 23373803 (19-07-2023)
    Current
    19-07-2023 → present
  • Green and Durable GroupLegal entity
    Director· perm. rep.: Edey Dennis David
    State Gazette act 23373803 (19-07-2023)
    Current
    19-07-2023 → present
  • Iglori InvestLegal entity
    Director· perm. rep.: Helbers Thomas Gerard
    State Gazette act 23373803 (19-07-2023)
    Current
    19-07-2023 → present
  • VerLou InvestLegal entity
    Director· perm. rep.: Verdegem Nicola Leon Laurent
    State Gazette act 23373803 (19-07-2023)
    Current
    19-07-2023 → present
Former directors (3)
  • AMBOLegal entity
    Director· perm. rep.: Stefan Baeten
    State Gazette act 23373803 (19-07-2023)
    Former
    19-07-2023 → 31-10-2024
    2 events
    • 31-10-2024 Resigned· Director
    • 19-07-2023 Appointed· Director
  • HELBERS Thomas Gerard
    Director
    State Gazette act 23373803 (19-07-2023)
    Former
    - → 19-07-2023
  • VERDEGEM Nicola Leon Laurent
    Director
    State Gazette act 23373803 (19-07-2023)
    Former
    - → 19-07-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Statutory auditor

1 auditor
Statutory auditor IRE/IBR number Tenure
HLB Dodémont - Van Impe & C°Current
Statutory auditor · represented by Patrick Van Impe
 - 01-01-2023 → present
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Overige bouwinstallatie(43240)
Legal form Private limited company(610)
Incorporation05-10-2018
StatusActive
Postal code9000

Structure & network

Connections & network

21 connected companies
AMBO, Sits on the board AAMBOANERGY, Sits on the board AANERGYArtas, Sits on the board AArtasGreen and Durable Group, Sits on the board GAGreen andDurable GroupIglori Invest, Sits on the board IIIglori InvestVerLou Invest, Sits on the board VIVerLou InvestAbatimmo, Shared corporate director AAbatimmoAll-in Tank Service, Shared corporate director ATAll-in TankServiceCLIMAGROUP, Shared corporate director CCLIMAGROUPCOMFORT ENERGY, Shared corporate director CECOMFORT ENERGYDe Kegel Energie, Shared corporate director DKDe KegelEnergieDegros, Shared corporate director DDegrosGreen and Durable Energy, Shared corporate director GAGreen andDurable EnergyGrid Parity Concepts Europe, Shared corporate director GPGrid ParityConcepts…uropeECOWORLD ECOWORLD0707.852.748
Group structureShared directors
Group structure
AMBO
Sits on the board · 9 subsidiaries · 1 location
Control→
ANERGY
Sits on the board · 4 subsidiaries · 1 location
Control→
Artas
Sits on the board · 16 subsidiaries · 1 location
Control→
Green and Durable Group
Sits on the board · 3 subsidiaries · 1 location
Control→
Iglori Invest
Sits on the board · 2 subsidiaries · 1 location
Control→
VerLou Invest
Sits on the board · 2 subsidiaries · 1 location
Control→
Network connections
Abatimmo
Shared corporate director
→
All-in Tank Service
Shared corporate director
→
CLIMAGROUP
Shared corporate director
→
COMFORT ENERGY
Shared corporate director
→
De Kegel Energie
Shared corporate director
→
Degros
Shared corporate director
→
Green and Durable Energy
Shared corporate director
→
Grid Parity Concepts Europe
Shared corporate director
→
Hasco
Shared corporate director
→
Hezimmo
Shared corporate director
→
Multi Logistics Group
Shared corporate director
→
NTJ Invest
Shared corporate director
→
Sun Calor
Shared corporate director
→
T.V.V.
Shared corporate director
→
WANTEN
Shared corporate director
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

6 parties
Control over this companysits on this company's board6
Artas
16 subsidiaries · 1 location
AMBO
9 subsidiaries · 1 location
ANERGY
4 subsidiaries · 1 location
Green and Durable Group
3 subsidiaries · 1 location
Iglori Invest
2 subsidiaries · 1 location
VerLou Invest
2 subsidiaries · 1 location
controls
ECOWORLDBE 0707.852.748

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
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.

Oktrooiplein 19000 Gent

Establishment units

2 locations
Ecoworld
Industriepark Oost 35, 8730 BeernemAlgemene elektrotechnische installatiewerken
since 20182.281.334.981
Franklin Rooseveltplaats 12, 2060 Antwerpen
Algemene elektrotechnische installatiewerken
since 20212.314.748.315
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels3
Ground area3,681 m²
Buildings3
Building footprint3,028 m²
Volume (LiDAR)36,218 m³
Tallest building39.4 m · ±12 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44807G0728/02L013 Flanders 1,619 m² 1 · 1,590 m² 18.6 m · 1 fl.
31028D0103/00K002 Flanders 1,147 m² 1 · 538 m² -
11808H1243/00H004 Flanders 916 m² 1 · 900 m² 39.4 m · 12 fl.
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

6 acts
All acts · 6 updated 2 months ago
2026
08-06-2026 General meeting · Officer resignation · Officer discharge · Power of attorney Open-capture extraction
  • Filing: 2026-05-29 · Ecoworld
  • General meeting: 2026-05-12 · Ecoworld
  • Officer resignation: date: 2026-05-12, role: bestuurder · Iglori Invest BV
  • Officer resignation: date: 2026-05-12, role: bestuurder · VerLou Invest BV
  • Officer discharge: type: tussentijdse kwijting, period_end: einde van het mandaat, period_start: begin van het lopende boekjaar · Iglori Invest BV
  • Officer discharge: type: tussentijdse kwijting, period_end: einde van het mandaat, period_start: begin van het lopende boekjaar · VerLou Invest BV
  • Power of attorney: role: Lasthebber · Sander Claus
  • Publication: 2026-06-08
  • Act object: Ontslagen / benoemingen
Summary: General meeting · Officer resignation · Officer discharge · Power of attorney
2024
19-11-2024 Patrick Van Impe reappointed as statutory auditor Director changes
  • Patrick Van Impe, Commissaris
Summary: v3.2
06-11-2024 Articles of association amended Statutes amendment
Summary: v3.2
31-10-2024 1 director appointed, 1 resigning Director changes
  • Martijn Wanten, Bestuurder
  • Stefan Baeten, Bestuurder
Summary: v3.2
2023
19-07-2023 Articles of association amended Statutes amendment
Summary: v3.2
2018
09-10-2018 Incorporation of a new BV Incorporation
Summary: oprichting

Analysis

Snowflake analysis

financial profile on 5 axes
Health100Profitability100Solvency100Growth78Stability100
96 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100
Profitability 100
Solvency 100
Growth 78
Stability 100

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 474 of the 4,067 companies in this sector. 39 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Overige bouwinstallatie43240Overige bouwinstallatie, n.e.g.43299
Primary activity highlighted.
Names & trade names
Legal nameNL ECOWORLD
Registered office
Oktrooiplein 1 bus 602
9000 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.