ECT Service
ActiveThe computed 12-month bankruptcy probability of ECT Service is 2.3% (moderate). The 2024 annual accounts show equity of €29k and a net result of €16k. Its solvency ranks better than 44% of 2437 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability97▲+6
Solvency66▲+20
Growth78
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.65 against 0.98 in 2023; short-term debt: 36.8% and cash: 5.5% of total assets), but 58.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
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 2024Solvency, return and age of the figures
Solvency
41.1%
Return on assets
22.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-09-2025, 37 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
37 d late
2023
42 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16k▲ 49.5%
2023 · €11k
2023: €11k
2023 → 2024
Working capital
€17k
2023 · €-534
2023: €-534
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€13k-€29k▲ 126%
Operating result€17k-€22k▲ 27.2%
Net result€11k-€16k▲ 49.5%
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 27% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €71k
Fixed assets
€28k▼ 21.1%
Current assets
€43k▲ 68.7%
Equity and liabilities €71k
Equity
€29k▲ 126%
Debt
€42k▼ 13.0%
The debt ratio falls from 78.9% to 58.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31k▲
2023 · €28k
Cash flow
€26k▲
2023 · €22k
Solvency
41.1%▲
2023 · 21.1%
Current ratio
1.65▲
2023 · 0.98
Quick ratio
1.65▲
2023 · 0.98
Debt / equity
1.43▼
2023 · 3.73
ROE
55.8%▼
2023 · 84.5%
ROA
22.9%▲
2023 · 17.9%
Interest coverage
18.18▲
2023 · 15.88
Debt
€42k▼
2023 · €48k
Debt ≤ 1 year
€26k▲
2023 · €26k
Debt > 1 year
€16k▼
2023 · €22k
Income taxes
€5k▲
2023 · €4k
Staff costs
€26k▼
2023 · €41k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€61k€71k▲
Fixed assets21/28€36k€28k▼
Tangible fixed assets22/27€36k€28k▼
Furniture and vehicles24€36k€28k▼
Current assets29/58€26k€43k▲
Amounts receivable within one year40/41€19k€38k▲
Trade receivables40€1k-
Other amounts receivable41€17k€38k▲
Cash at bank and in hand54/58€6k€4k▼
Deferred charges and accrued income490/1€1k€724▼
Equity and liabilities
Total equity and liabilities10/49€61k€71k▲
Equity10/15€13k€29k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€11k€27k▲
Amounts payable17/49€48k€42k▼
Amounts payable after more than one year17€22k€16k▼
Financial debts170/4€22k€16k▼
Amounts payable within one year42/48€26k€26k▲
Current portion of amounts payable after more than one year42€7k€7k▼
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Taxes, remuneration and social security45€13k€9k▼
Taxes450/3€4k€5k▲
Remuneration and social security454/9€9k€4k▼
Other amounts payable47/48-€3k
Income statement
Code20232024
Remuneration, social security and pensions62€41k€26k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€9k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€70k€58k▼
Operating profit (loss)9901€17k€22k▲
Financial income75/76B€16€1k▲
Recurring financial income75€16€1k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€15k€21k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€11k€16k▲
Profit (loss) for the period to be appropriated9905€11k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€27k▲
Profit (loss) brought forward from the previous period14P-€11k
Social balance
Average headcount (FTE)90871.3-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 37 days late
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Landen · 1 establishment unit since 2022
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.
Steenweg op Sint-Truiden 3333401 LandenGround area
300 m²
Building footprint
122 m²
Volume, LiDAR
870 m³
Parcel 24118B0491/00F000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ECT Service
since 20222.337.737.711
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24118B0491/00F000 | Flanders | 300 m² | 1 · 122 m² | 10.9 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.
Similar companies · same sector, comparable size
CONO INTERNATIONAL
BE 0451.209.455
Oostkamp · Eq €29k
METAL BELLEVUE
BE 0719.646.760
Oudergem · Eq €30k
CLAERHOUT ALUMINIUM INSTALLATION
BE 0750.596.193
Harelbeke · Eq €30k
Atmétal
BE 0800.339.674
Namur · Eq €30k
IO-BOX
BE 0654.799.884
Verviers · Eq €31k
Of 557 companies in sector 25999 we hold annual accounts for 351. 145 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-09-2022
Fiscal year end31-12
Activities, NACEBEL
25999Manufacture of fabricated metal products, except machinery and equipment
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.