ECSAL
Annual accounts 2025
abbreviated format, filed on 21-08-2026, 21 days lateTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €5,700. Estimated: probably between €2,800 and €12,000.
Balance sheet
balance sheet total €17,938 on 31-12-2025in euro
in euro
Position in the sector
17.1%
Higher than 28% of 2,829 companies in 2025.
1.21
Higher than 45% of 2,718 companies in 2025.
3.9%
Higher than 49% of 2,776 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
17,938 | 31,287 | |
29/58 |
17,938 | 31,287 | |
40/41 |
4,927 | 521 | |
40 |
4,198 | - | |
41 |
729 | 521 | |
54/58 |
13,010 | 30,766 | |
| Balance sheet: equity and liabilities | |||
10/49 |
17,938 | 31,287 | |
10/15 |
3,076 | 2,380 | |
10/11 |
2,000 | 2,000 | |
10 |
2,000 | 2,000 | |
100 |
2,000 | 2,000 | |
13 |
19 | 19 | |
130/1 |
19 | 19 | |
130 |
19 | 19 | |
14 |
1,057 | 361 | |
17/49 |
14,862 | 28,907 | |
42/48 |
14,862 | 28,907 | |
44 |
- | 1,350 | |
440/4 |
- | 1,350 | |
45 |
232 | 127 | |
450/3 |
232 | 127 | |
47/48 |
14,630 | 27,430 | |
| Income statement | |||
9900 |
999 | 1,702 | |
60/61 |
37,285 | 72,844 | |
631/4 |
- | 1,116 | |
9901 |
999 | 587 | |
65/66B |
60 | 80 | |
65 |
60 | 80 | |
9903 |
939 | 507 | |
67/77 |
243 | 127 | |
9904 |
696 | 380 | |
9905 |
696 | 380 | |
| Appropriation of the result | |||
9906 |
1,057 | 380 | |
14P |
361 | - | |
691/2 |
- | 19 | |
6920 |
- | 19 | |
| Document | |||
Source: Annual accounts 2025 at the NBB, filed on 21-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 21 days after the deadline. Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00424978.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| -17,755 | - | ||
| 3,076 | 2,380 | ||
| 17.1% | 7.6% | ||
| 1.21 | 1.08 | ||
| 4.83 | 12.15 | ||
| 22.6% | 16.0% | ||
| 3.9% | 1.2% | ||
| - | 7 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on ECSAL
The operating result for 2025 is 70% higher than in 2024.
Debt's share of the balance-sheet total falls from 92.4% to 82.9%. Equity is higher and debt is lower.