Financials
- Financial year
- 2024
- Total assets
- €98,791
- Profit
- €35,127
- Solvency
- 13.3%
ECREN COMPANY
ActiveSummary
The computed 12-month bankruptcy probability of ECREN COMPANY is 7.3% (elevated). The 2024 annual accounts show equity of €13,127 and a net result of €35,127. Its solvency ranks better than 21% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
General construction of residential buildings
NACE 41001
1 site
Size
≈ €270,000turnover 2024, estimated
- Equity
- €13,127
- Profit
- €35,127
Turnover estimated from the gross margin
Why 36raises risk1 financial year not filed after the legal deadline; last filed accounts filed 200 days late; 1 of the last 3 lateFounded in 2024Figures for financial year 2024 (filed 18-02-2026)lowers riskLiquidity: current ratio 1.15, cash €49,691Show the evidence
Checked score
Score 2024
36
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 56% of its sector peers (NACE 41, micro)
Financial strength
Strong
Solvency
38
equity 13.3% of total assets
Liquidity
52
short-term debt 86.7% · cash 50.3%
Profitability
100
return on assets 35.6%
Bankruptcy probability, 12 months
7.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2025: 3.6%lowest value
03-2025: 3.7%▲ +0.1 percentage points vs 02-2025
04-2025: 4.1%▲ +0.4 percentage points vs 03-2025
05-2025: 4.2%▲ +0.1 percentage points vs 04-2025
06-2025: 4.6%▲ +0.4 percentage points vs 05-2025
07-2025: 4.6%● unchanged vs 06-2025
08-2025: 5.0%▲ +0.4 percentage points vs 07-2025
09-2025: 5.0%● unchanged vs 08-2025
10-2025: 4.8%▼ -0.2 percentage points vs 09-2025
11-2025: 4.8%● unchanged vs 10-2025
12-2025: 5.3%▲ +0.5 percentage points vs 11-2025
01-2026: 5.3%● unchanged vs 12-2025
02-2026: 5.3%● unchanged vs 01-2026
03-2026: 6.3%▲ +1.0 percentage point vs 02-2026
04-2026: 6.3%● unchanged vs 03-2026
05-2026: 6.3%● unchanged vs 04-2026
06-2026: 6.1%▼ -0.2 percentage points vs 05-2026
07-2026: 6.0%▼ -0.1 percentage points vs 06-2026
08-2026: 6.6%▲ +0.6 percentage points vs 07-2026
09-2026: 7.0%▲ +0.4 percentage points vs 08-2026
10-2026: 7.3%▲ +0.3 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.15, below the usual 1.5; short-term debt: 86.7% and cash: 50.3% of total assets), and 86.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 21% on solvency, 55% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 9837 sector peers (2024).
NBB · sector comparisonPosition among 9837 sector peers
Solvency
better than 21%
← weakest
strongest →
raises risk · 2024 accounts filed 200 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-02-2026, 200 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filingDeviation from the deadline
2024
200 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 200 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointment: OUAKIL Youssef (director) ·…
Key points
By topic
Board & ownership
- Board
- 1 member
- OUAKIL YoussefDirector
Timeline
- Events
- 2
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 02-01-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 31
- Who signs
- Each director alone
- Annual meeting
- Fourth Friday of June at 18:00
- Purpose
- “Alle bouwondernemingsactiviteiten in de breedste zin van het woord,het optrekken van de…” (deed in Dutch)
- Statutory auditor
- No statutory auditor
Key facts about ECREN COMPANY
- What is the company number of ECREN COMPANY?
- 1004.110.940. In Belgium the VAT number is the company number with BE in front: BE 1004.110.940.
- Where is ECREN COMPANY based?
- The registered office is at Gemeenteplein 6, 1853 Grimbergen.Company details
- What does ECREN COMPANY do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of ECREN COMPANY?
- Private limited company (BV).
- When was ECREN COMPANY founded?
- On 02-01-2024.
- Is ECREN COMPANY still active?
- Yes, ECREN COMPANY is an active enterprise in the KBO register.
- What is the turnover of ECREN COMPANY?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is ECREN COMPANY profitable?
- In financial year 2024, ECREN COMPANY made a profit of €35,127.
- Where can I find the annual accounts of ECREN COMPANY?
- ECREN COMPANY filed 1 annual account with the National Bank of Belgium, for financial year 2024.
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