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ECTECH

Active Private limited companyfounded 2000active for 26 yearsKortrijkstraat 21, 8770 IngelmunsterKBO/BCE: BE 0468.726.665
ECTECH
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Overview

Lifetime

20 annual accounts with figures on one time axis, 26 filings since 2000
peak €131,355 (2020)
€34,112▼ 10.5%
lowest -€79,131 (2014)
-€27,626▼ €5,690
peak €226,873 (2012)
€127,141▼ 17.8%
€276,584▼ 14.2%
peak 1 FTE (2012)
-not published
Board1 name since 1999
1 directorSTUBBE Francis
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Loss of €27,626Equity from €154,766 to €127,141

Key points

from the 2025 annual accounts

Equity

€127,141 from €226,873 in 2012

Equity fell by 44% in 13 years.

Losses

-€85,246 in three years
-35,6852023-21,9362024-27,6262025

Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.

Turnover

≈ €180,000 estimated

The micro format states no turnover.

Liquidity

2.51 was 1.90 in 2024

Short-term debts fell from €89,908 to €59,837.

Filings

26 annual accounts since 2000
AprilJune31 JulyOctober200020102020

Eight of the last ten came late. The 2025 accounts came latest: 31 days after the end of the period.

Position in the sector

-€27,626

Lower net result than 91% of companies in wholesale trade. Sector median €5,616 · 13,806 companies.

Checked score

68
Healthy
Financially stronger than 39% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.4 percentage points vs 07-2025 09-2025: 1.0%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 0.3%▼ -0.7 percentage points vs 09-2025lowest value 11-2025: 0.3%● unchanged vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.7%▲ +0.1 percentage points vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026

Financial strength
Average

56-1equity 31.5% of total assets
49+2short-term debt 14.8% · cash 1.8%
60-3return on assets -6.8%

Score breakdown

raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Loss of €27,626, the second in a row (financial year 2025)
Liquidity: current ratio 2.51, cash €7,299
lowers risk
Founded in 2000
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 41% of them on solvency, 49% on liquidity, 45% on profitability and 20% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 12,322 companies had the same profile as ECTECH has now. Each dot stands for 31 companies, two years later.

90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ECTECH itself: 0.7% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 12,322 companies, not a prediction for ECTECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €8,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.51 (1.9 in 2024), above the usual 1.5. Short-term debt is 14.8% and cash 1.8% of total assets. However, 68.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Loss of €27,626, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 2.51, cash €7,299
NBB · annual accounts
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 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€27,626
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
28 days late
2023
30 days late
2022
11 days early
2021
12 days early
2020
17 days late
2019
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 15 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

SF
STUBBE Francis
Director, since 27-12-1999
  • STUBBE Francis enige aandeelhouderdeed of 17-01-2024
Board & ownership

Recent changes

Resignation: STUBBE Francis (manager) Reappointment: STUBBE Francis (statutory director) · “Prestaties te verrichten die rechtstreeks of onrechtstreeks betrekking hebben op invoer uitvoer groot- en…” (deed in Dutch) · STUBBE Francis holds all the shares · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0468726665
First establishment Kortrijkstraat 21, Ingelmunster
Incorporation published on 19-01-2000 · Gazette deed
All 38 events

Comparable companies

same main activity, similar in size and age
Company
ECTECH Ingelmunster €403,724 €34,112 31.5% -
STOVENPALEIS DEBELS Moorslede €420,909 €42,001 63.8% -
WALCARIUS INTERNATIONAL Zedelgem €470,235 €49,515 25.8% -
AV GROUP Villers-le-Bouillet €337,095 €24,646 56.7% -
IVEN Houthalen-Helchteren €315,606 €27,223 56.5% -
OBRA-BEL Lokeren €466,320 €43,133 29.7% -
MUSIC OVERSTOCK DISTRIBUTION Lessines €309,437 €29,021 66.2% -

These companies have the same main activity as ECTECH: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €309,000 and €470,000, founded between 1995 and 2004.

Official details

Source: KBO
Status
Active since 07-01-2000Normal situation
Activity
Wholesale of electrical household appliances and audio-video equipmentNACE 46431and 1 other
Establishment unit
2.101.962.7798770 Ingelmunster, since 27-01-2000
Financial year end
31 December
Peppol
Reachable since 31-10-2023
Company details

Annual accounts 2025

€34,112▼ 10.5%
€27,626▲ 25.9%
€127,141▼ 17.8%
€403,724▼ 15.4%
Filing
Filed on 31-08-2026
Financials

Insights on ECTECH

ECTECH files the micro format. That format states no turnover. The gross margin fell from €53,447 in 2006 to €34,112 in 2025.

The balance sheet grew most from 2009 to 2011 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 31-08-2026, 31 days late
€34,112
▼ 10.5%
-€25,481
▼ €6,792
€26,992
▼ 20.1%
€24,847
▼ 18.6%
31.5%
▼ 1.0 percentage points
2.51
▲ 0.61

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €180,000. Estimated: probably between €110,000 and €350,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €403,724 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

31.5%

Higher than 43% of 13,800 companies in 2025.

2.51

Higher than 65% of 13,181 companies in 2025.

-6.8%

Higher than 20% of 13,360 companies in 2025.

ECTECH Middle half of the sector 80% of the sector Micro accounts in wholesale trade (NACE 46)

Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 403,724477,016675,543588,222532,917554,578614,582623,296659,949647,191709,181739,523822,321934,554888,640827,166666,101508,251506,958436,146
21/28 253,436305,908358,381320,171264,555281,746304,486341,662337,971355,307388,629426,317464,645506,144546,263553,258433,483323,218344,749313,480
22/27 253,436305,908358,381320,171264,555281,746304,486341,662337,971355,307388,177425,864464,193505,692545,811552,756432,981322,716344,246313,103
22 194,299208,257222,215236,173252,473264,587273,958287,169302,408315,865329,723341,477352,109365,881380,325394,504381,352253,954265,586276,458
23 28,99151,29273,5935,21066704,79020,06735,34539,11558,01776,93996,883116,857134,779153,60438,55346,03446,5556,087
24 30,14546,35962,57478,78811,41617,15825,73734,4262183274367,44815,20122,95430,7074,64813,07722,72832,10530,558
28 ----------452452452452452502502502502377
29/58 150,289171,108317,162268,051268,362272,832310,096281,634321,978291,884320,552313,206357,676428,410342,377273,908232,618185,033162,210122,666
3 110,900104,772126,060219,098200,477188,466196,321205,018246,112234,624238,247252,221313,117281,277241,520211,612128,19493,73976,09674,745
30/36 110,900104,772126,060219,098200,477188,466196,321205,018246,112234,624238,247252,221313,117281,277241,520211,612128,19493,73976,09674,745
40/41 6,98031,259154,86634,38934,73166,30951,97127,28117,6127,15141,74432,41323,39731,66683,44756,63060,62760,01743,37147,671
40 6,98031,138154,60334,38934,69966,29651,97126,84617,6127,15141,74432,41323,39731,60183,15256,45058,12760,01743,32447,671
41 012126403213-435-----642951792,500-47-
50/53 16,08910,0163,000--------1,2321,601100,016119423,7398869,86316
54/58 7,2998,0607,91713,18031,50616,73320,8638,46218,58113,1609,2432,41581858910,8015,47320,05930,39132,880233
490/1 9,02117,00125,3181,3841,6471,32540,94140,87339,67336,94931,31724,92518,74414,8626,609-----
Balance sheet: equity and liabilities
10/49 403,724477,016675,543588,222532,917554,578614,582623,296659,949647,191709,181739,523822,321934,554888,640827,166666,101508,251506,958436,146
10/15 127,141154,766176,702212,387197,065177,570133,770116,667146,769136,892150,324140,394219,525226,873138,709136,647129,462125,36191,36887,377
10/11 170,300170,300170,300170,300170,300170,300170,300170,300170,300170,300170,300170,300170,300170,30070,30070,30070,30070,30070,30070,300
100 ------170,300170,300170,300170,300170,300170,300170,300170,30070,30070,30070,30070,30070,30070,300
13 34,30034,30034,30041,33026,0307,0307,0307,0307,0307,0307,0307,03049,22556,57366,34766,34759,16255,06121,06819,389
130/1 --07,0307,0307,030--------------
130 ------7,0307,0307,0307,0307,0307,0307,0307,0307,0307,0307,0307,0307,0307,030
1311 --07,0307,0307,030--------------
133 34,30034,30034,30034,30019,000-------42,19549,54359,31759,31752,13248,03114,03812,359
14 -77,459-49,834-27,898757735240-43,560-60,663-30,561-40,438-27,006-36,936--2,062-----2,312
16 -----011111111------
160/5 -----011111111------
164/5 -----01111----------
17/49 276,584322,250498,842375,835335,853377,008480,811506,627513,178510,297558,856599,128602,796707,680749,931690,519536,639382,890415,590348,770
17 216,747232,342282,426182,213149,707162,747185,594208,359205,665221,557245,585292,830330,177383,851431,085449,452399,598248,262267,384227,907
170/4 16,74732,34282,42682,21349,70762,74785,594108,359105,665121,557141,585167,096205,177253,851301,085319,452269,598173,894193,016153,539
178/9 200,000200,000200,000100,000100,000100,000100,000100,000100,000100,000104,000125,734125,000130,000130,000130,000130,00074,36874,36874,368
42/48 59,83789,908213,122189,613186,146213,126295,217297,489307,400288,626306,575299,381266,956317,571313,025240,477136,756128,141141,997112,127
42 15,59514,94721,40416,73913,04122,84622,65021,97215,89220,02725,51137,91348,67447,10545,23139,50223,37819,12118,64513,760
43 ------------11,913-12--11-1,803
430/8 ------------11,913-12--11-1,803
44 14,71421,472143,4949,21812,1309,32278,93977,91575,78872,43376,68970,60670,48746,86746,32757,91744,4615,26338,55718,607
440/4 14,71421,472143,4949,21812,1309,32278,93977,91575,78872,43376,68970,60670,48746,86746,32757,91744,4615,26338,55718,607
46 ----------8441,7161,8011,525171105----
45 10,71911,43010,57313,91313,08114,15917,4738,71313,4628,83914,93013,93031,58529,15622,10612,0474,38532,9999,0574,215
450/3 8,6569,38910,57313,91313,08114,15917,4738,71311,4216,80012,82011,82817,60016,68718,25310,2174,38519,9999,0574,215
454/9 2,0642,041------2,0422,0402,1102,10213,98412,4683,8531,830-13,000--
47/48 18,80942,05837,651149,742147,895166,799176,155188,888202,256187,327188,601175,215102,497192,919199,178130,90764,53270,74775,73873,741
492/3 -03,2934,00901,134-7791141146,6966,9185,6636,2585,8215902856,4876,2108,736
Income statement
70 -------------137,815174,320-----
76A -02,262-066,075----7,237-3,2204132,116---2,193-
9900 34,11238,10833,72961,77054,694131,35569,00542,89459,08524,24838,23733,740123,021108,983115,12277,03256,88791,75458,46253,447
60/61 -------------77,29986,958-----
62 -----------3,18928,86931,1427,764-----
630 52,47352,47349,55925,29522,62821,86637,17637,17629,31131,53240,34541,49841,49942,66547,22748,03737,54031,35633,48430,176
631/4 2,880011,74904,2446,4969,07523,16611,247-5,889-17,47450,27341,88823,69127,739-----
635/8 ----0-1-------1------
640/8 4,2404,3244,4665,0084,2876,1573,9146,3074,5305,9134,9435,2565,2963,1448,9502,9332,7482,8562,8633,042
66A --02,342049,718-2,029-1,339----75-----
9901 -25,481-18,689-32,04529,12523,53547,11818,840-25,78413,997-8,64710,423-66,4765,4698,34123,44326,06216,60057,54222,11520,229
75/76B 134591104132462242,4804871119197371168955299241521311,1951,228
75 134591104132462241984871119197371168955299241521311,1951,228
76B -----02,282-------------
65/66B 2,0553,0583,4898,6272,0953,2493,8864,4443,9685,7047,80512,72316,20520,68523,95017,44612,23618,61721,51223,768
65 2,0553,0583,4898,6272,0953,2493,8864,4443,9685,7047,80512,72316,20520,68523,95017,44612,23618,61721,51223,768
9903 -27,402-21,688-35,42420,91121,68644,09317,433-29,74110,140-13,4319,927-79,128-7,347-11,8372,0639,5414,51639,0573,992-2,311
67/77 2242482615,5892,1912933313612630-331-002,3564155,064-1
9904 -27,626-21,936-35,68515,32219,49443,80017,102-30,1029,877-13,4329,930-79,131-7,348-11,8362,0627,1854,10133,9933,992-2,312
9905 -27,626-21,936-35,68515,32219,49443,80017,102-30,1029,877-13,4329,930-79,131-7,348-11,8362,0627,1854,10133,9933,992-2,312
Appropriation of the result
9906 -77,459-49,834-34,92816,05719,735240-43,560-60,663-30,561-40,438-27,006-79,131-7,348-9,7742,0627,1854,10133,9931,679-2,312
14P -49,834-27,898757735240---------------
791/2 -07,030--------42,1957,3489,774------
691/2 --015,30019,000----------7,1854,10133,9931,679-
6920 ------------------1,679-
6921 --015,30019,000----------7,1854,10133,993--
Social balance sheet
9087 -----------0.1110.3-----
Hours worked1013 -----------1671,6481,815509-----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 6 older financial years (2000-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00456746.

Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00456746 PDF
31-12-2024 micro format 28-08-2025 2025-00464810 PDF
31-12-2023 micro format 30-08-2024 2024-00420494 PDF
31-12-2022 micro format 20-07-2023 2023-00256071 PDF
31-12-2021 micro format 19-07-2022 2022-20208686 PDF
31-12-2020 micro format 17-08-2021 2021-49300498 PDF
31-12-2019 micro format 25-08-2020 2020-44300460 PDF
31-12-2018 micro format 28-08-2019 2019-53800550 PDF
31-12-2017 micro format 30-08-2018 2018-53100256 PDF
31-12-2016 micro format 28-08-2017 2017-48000179 PDF
31-12-2015 abbreviated format 25-08-2016 2016-46200109 PDF
31-12-2014 abbreviated format 27-08-2015 2015-47500233 PDF
31-12-2013 abbreviated format 25-08-2014 2014-45100124 PDF
31-12-2012 abbreviated format 22-08-2013 2013-44100420 PDF
31-12-2011 abbreviated format 09-07-2012 2012-26700099 PDF
31-12-2010 abbreviated format 18-07-2011 2011-30800147 PDF
31-12-2009 abbreviated format 29-06-2010 2010-24900122 PDF
31-12-2008 abbreviated format 01-07-2009 2009-34600310 PDF
31-12-2007 abbreviated format 26-06-2008 2008-29100023 PDF
31-12-2006 abbreviated format 18-06-2007 2007-24100172 PDF
31-12-2005 abbreviated format 30-06-2006 2006-38003779 PDF
31-12-2004 abbreviated format 16-06-2005 2005-27203026 PDF
31-12-2003 abbreviated format 08-07-2004 2004-42700744 PDF
31-12-2002 abbreviated format 25-06-2003 2003-30802305 PDF
31-12-2001 abbreviated format 13-06-2002 2002-20700856 PDF
31-12-2000 abbreviated format 27-06-2001 2001-28105081 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
26,99233,78417,51554,42046,16368,98456,01611,39243,30922,88550,767-24,97846,96951,00670,67074,10054,13988,89855,59950,405
24,84730,53713,87440,61742,12265,66654,2787,07439,18818,10050,275-37,63334,15130,82849,28955,22241,64165,34837,47527,864
0087,76983,2535,43810,871042,89611,975-1,7912,6573,17002,54641,294167,812147,8049,82568,34437,930
-761143-5,262-18,32714,773-4,13012,400-10,1195,4213,9176,8281,597229-10,2125,328-14,586-10,332-2,48932,646-
90,45281,200104,04078,43882,21659,70614,879-15,85514,5783,25813,97613,82590,720110,83829,35233,43195,86256,89120,21310,539
-------------6.1%13.4%-----
31.5%32.4%26.2%36.1%37.0%32.0%21.8%18.7%22.2%21.2%21.2%19.0%26.7%24.3%15.6%16.5%19.4%24.7%18.0%20.0%
2.511.901.491.411.441.281.050.951.051.011.051.051.341.351.091.141.701.441.141.09
0.660.740.900.260.360.400.390.260.250.200.270.200.170.460.320.260.760.710.610.43
2.182.082.821.771.702.123.594.343.503.733.724.272.753.125.415.054.153.054.553.99
-21.7%-14.2%-20.2%7.2%9.9%24.7%12.8%-25.8%6.7%-9.8%6.6%-56.4%-3.3%-5.2%1.5%5.3%3.2%27.1%4.4%-2.6%
-6.8%-4.6%-5.3%2.6%3.7%7.9%2.8%-4.8%1.5%-2.1%1.4%-10.7%-0.9%-1.3%0.2%0.9%0.6%6.7%0.8%-0.5%
13.1311.055.026.3122.03---------------
-------------84 days174 days-----
-------------221 days194 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.

Securities and guarantees

on own assets and for others
Item20252024202320222021
Mortgages, amount registered€25,000€25,000€25,000€25,000€25,000
€245,000€245,000€245,000€245,000€245,000
Carrying value of the mortgaged assets€194,299€208,257€222,215€236,173€252,473
€50,000€50,000€50,000€50,000€50,000
Pledge on other assets, amount secured€30,374€30,374€39,998€49,246€6,692
Carrying value of the other pledged assets€29,579€45,226€60,872€76,519€8,468

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets--€87,769€83,253€5,438
€52,473€52,473€49,559€25,295€22,628

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on ECTECH

The operating result for 2025 is a loss of €25,481, larger than the loss of €18,689 in 2024.

Debt's share of the balance-sheet total rises from 67.6% to 68.5%. Equity and debt are lower.

Board & ownership

Board

1 director, last change in 2024
STUBBE Francis
Statutory director
since 27-12-1999 term without a fixed end
earlier manager, until 17-01-2024
listed in the 2025 annual accounts, filed on 31-08-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
STUBBE Francis
Statutory director
BoardEarliermandate already running before its first mention
Mandates as a list
  • STUBBE Francis
    • Statutory director, from 27-12-1999 to date
    • Manager, until 17-01-2024

See the board, name and registered office on a given date →

Control

Shareholder
STUBBE Francis
This company
ECTECH
Equity €127,141
Loss €27,626 in 2025

Capital

Contribution
€170,300
Source
2025 annual accounts

Articles of association

deed of 17-01-2024 (in Dutch)
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Procedure- en expertisekosten voor helft ten laste overdrager en helft ten laste overnemer(s), naar evenredigheid bij meer dan één…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Saturday of June at 17:00

Shareholders

Stated in the deed deed of 17-01-2024 ↗

Network & group

No group

ECTECH has no parent and no holdings in its annual accounts. STUBBE Francis is the only director. ECTECH shares no director with another company.

At the same address

Kortrijkstraat 21, 8770 Ingelmunster · 1 other company
PHARMA STUBBE
registered office since 26-03-1993 · founded in 1992
 1 FTE (2025)
0448.935.794

Timeline

Timeline

38 events since 2000

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 31 days late
2025
Annual accounts 2024 filed PDFmicro format · 28 days late
2024
Annual accounts 2023 filed PDFmicro format · 30 days late
Resignation: STUBBE Francis (manager)Reappointment: STUBBE Francis (statutory director) · “Prestaties te verrichten die rechtstreeks of onrechtstreeks betrekking hebben op invoer uitvoer groot- en…” (deed in Dutch) · STUBBE Francis holds all the shares7 points ▸
  • STUBBE Francis holds all the shares
  • Board composition, STUBBE Francis (statutory director)
  • Director resignation, STUBBE Francis (manager)
  • Director reappointment, STUBBE Francis (statutory director)
  • Director discharge, STUBBE Francis
  • Registered office clause, Kortrijkstraat 21, 8770 Ingelmunster
  • Power of attorney, Vlegels & Van Den Bosch, geassocieerde notarissen
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2023
Registered in the Peppol Directory Reachable for e-invoices through 0208:0468726665
Annual accounts 2022 filed PDFmicro format · 11 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 12 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 17 days late
2020
Highest result from 2006 to 2025 net €43,800 ▲156% The net result of €43,800 is the highest of those years.
Annual accounts 2019 filed PDFmicro format · 25 days late
2019
Back to profit net €17,102 The net result is €17,102, after one loss-making year.
Annual accounts 2018 filed PDFmicro format · 28 days late
2018
Annual accounts 2017 filed PDFmicro format · 30 days late
2017
Back to profit net €9,877 The net result is €9,877, after one loss-making year.
Annual accounts 2016 filed PDFmicro format · 28 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 25 days late
2015
Back to profit net €9,930 The net result is €9,930, after 3 loss-making years.
Annual accounts 2014 filed PDFabbreviated format · 27 days late
2014
Weakest financial year net -€79,131 The net result drops to -€79,131, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2013 filed PDFabbreviated format · 25 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 22 days late
2012
Equity above €200,000 equity €226,873 ▲63.6% Equity rises from €138,709 to €226,873.
Annual accounts 2011 filed PDFabbreviated format · 22 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 13 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 32 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 30 days before the deadline
2008
Equity above €100,000 equity €125,361 ▲37.2% After 2 profitable years in a row, equity reaches €125,361.
Annual accounts 2007 filed PDFabbreviated format · 35 days before the deadline
2007
Back to profit net €3,992 The net result is €3,992, after one loss-making year.
Annual accounts 2006 filed PDFabbreviated format · 43 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
First establishment Kortrijkstraat 21, Ingelmunster
Incorporation published on 19-01-2000

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 7 January 2000, ECTECH was incorporated.1 Total assets went from €623,296 in 2018 to €403,724 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0468.726.665
VAT number
BE 0468.726.665
Peppol ID
0208:0468726665
Other Peppol ID
9925:BE0468726665
Legal form
Private limited company
Status
Active, normal situation
Founded
07-01-2000
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Saturday of June at 17:00
deed of 17-01-2024 (in Dutch)
Peppol
Reachable since 31-10-2023Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
ECTECH in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
46431 Wholesale of electrical household appliances and audio-video equipment main activity
47540 Retail sale of electrical household appliances
Codes under NACEBEL 2008
46431 Wholesale of electrical household appliances and audio-video equipment main activity
47540 Retail trade
Codes under NACEBEL 2003
51430 main activity
52450
PurposeThe purpose describes the activities the company may carry out under its articles.
“Prestaties te verrichten die rechtstreeks of onrechtstreeks betrekking hebben op invoer uitvoer groot- en kleinhandel alsook herstellingen…”
12 activities
  1. Prestaties te verrichten die rechtstreeks of onrechtstreeks betrekking hebben op invoer uitvoer groot- en kleinhandel alsook herstellingen in hardware software en telecommunicatiemateriaal elektrische huishoudelijke apparaten alsook prestaties met betrekking tot overige bouwinstallaties zoals onder meer zonder limitatief te zijn: liften zonneschermen lichtreclames en uitgangsborden installeren van patchkasten en dit in de meest brede zin van het woord
  2. Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen het stimuleren de planning de coördinatie de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt
  3. Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren onder om het even welke vorm; in dit kader kan zij zich ook borg stellen of haar aval verlenen in de meest ruime zin alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan depositobanken houders van deposito's op korte termijn spaarkassen hypotheekmaatschappijen en kapitalisatieondernemingen
  4. Het verlenen van adviezen van financiële technische commerciële of administratieve aard; in de ruimste zin met uitzondering van adviezen inzake beleggingen en geldplaatsingen; het verlenen van bijstand en diensten rechtstreeks of onrechtstreeks op het vlak van administratie en financiën verkoop productie en algemeen bestuur; het verlenen van management- consultancy- en beheerprestaties; het verlenen van adviezen en bijstand inzake structuren reorganisaties en operaties met betrekking tot roerende en onroerende goederen; het sluiten van consulting- en dienstverleningsovereenkomsten en het verlenen van advies bijstand en leiding in de meest ruime zin aan bedrijven privépersonen en openbare instellingen
  5. Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars het uitoefenen van opdrachten en functies
  6. Het ontwikkelen kopen verkopen in licentie nemen of geven van octrooien knowhow en aanverwante immateriële duurzame activa
  7. Het verlenen van administratieve prestaties en computerservices
  8. Het onderzoek de ontwikkeling de vervaardiging of commercialisering van nieuwe producten nieuwe vormen van technologie en hun toepassingen
  9. De aan- en verkoop in- en uitvoer commissiehandel en vertegenwoordiging van om het even welke goederen in ’t kort tussenpersoon in de handel
  10. Alle expertises studies raadgevingen en tussenkomsten in verband met wat voorafgaat
  11. Het aanleggen het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden het aankopen verkopen ruilen bouwen verbouwen onderhouden verhuren huren verkavelen prospecteren en uitbaten van onroerende goederen; de aan- en verkoop huur en verhuur van roerende goederen alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen
  12. Het aanleggen het oordeelkundig uitbouwen en beheren van een roerend patrimonium alle verrichtingen met betrekking tot roerende goederen en rechten van welke aard ook zoals het verwerven door inschrijving of aankoop en het beheren van aandelen obligaties kasbons of andere roerende waarden van welke vorm ook van Belgische of buitenlandse bestaande of nog op te richten rechtspersonen en ondernemingen
deed of 17-01-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Kortrijkstraat 21 registered office 8770 Ingelmunster 43240 Other construction installation 27-01-2000 2.101.962.779

Buildings and parcels at the address

Ground area
620 m²
Buildings
407 m²
Volume, LiDAR
2,320 m³
Tallest building
12.7 m
Buildings to scale, each on its own parcel
407 m², 12.7 m 407 m², 12.7 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
36007C0005/00D002620 m² 1 · 407 m² 12.7 m · 2

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