Losses
-€14,410 in six years
Every financial year from 2020 to 2025 closed with a loss. 2020 was the heaviest.
ECTG
Lifetime
6 annual accounts with figures on one time axispeak -€841 (2021)
-€1,713▼ €403
lowest -€4,246 (2020)
-€2,350▼ €135
peak €10,754 (2020)
€590▼ 79.9%
€1,774▲ 31.4%
Board2 names since 2019
1 directorDe Mey Anthony
Documentsfilings and deeds
13-07-202618 days before the deadline
2025micro format
Gross margin from -€1,310 to -€1,713Loss of €2,350Equity from €2,941 to €590Debts from €1,350 to €1,774Cash from €4,048 to €2,175
Key points
from the 2025 annual accountsFilings
6 annual accounts 1 late
The 2020 accounts came 31 days late. The other five were filed on time.
Position in the sector
€590
Less equity than 80% of companies in wholesale trade. Sector median €56,491 · 13,830 companies.
Turnover not published (micro format)
Checked score
54
Fair
Financially stronger than 28% of micro companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.9%▲ +0.1 percentage points vs 04-2025
06-2025: 1.0%▲ +0.1 percentage points vs 05-2025
07-2025: 1.1%▲ +0.1 percentage points vs 06-2025
08-2025: 0.9%▼ -0.2 percentage points vs 07-2025
09-2025: 0.9%● unchanged vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.8%▼ -0.1 percentage points vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.9%▲ +0.1 percentage points vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 1.0%▲ +0.1 percentage points vs 06-2026
08-2026: 1.1%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 1.1%● unchanged vs 08-2026highest value
10-2026: 0.5%▼ -0.6 percentage points vs 09-2026lowest value
11-2026: 0.5%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €2,350, the second in a row (financial year 2025)
Founded in 2019
lowers risk
Liquidity: current ratio 1.33, cash €2,175
Size: total assets €2,365
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 36% of them on solvency, 65% on liquidity, 6% on profitability and 6% on growth.
The bankruptcy probability was computed on 08-11-2026 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 very low class on 30-06-2025, 0.1% 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, 1,133 companies had the same profile as ECTG has now. Each dot stands for 3 companies, two years later.
86.4%
were still trading
6.6%
stopped another way
6.4%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ECTG itself is lower: 0.5% within 12 months. It rests on far more data about ECTG than the profile alone.
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.
| 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 1,133 companies, not a prediction for ECTG. 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
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
The balance sheet total is too small for a liquidity verdict.
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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
18 days early
2024
17 days early
2023
40 days early
2022
35 days early
2021
33 days early
2020
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 19 days before 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 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- FAIS Jeroen founderdeed of 16-12-2019
- FAIS Jonas founderdeed of 16-12-2019
- DEKERF Ruben Gilbert Jan founderdeed of 16-12-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0739503056
Registered office moved from Dilbeek to Liedekerke
New registered office: Holstraat 117 te 1770 Liedekerke · Previous registered office: Ninoofsesteenweg 1024 bus 101 te 1703 Dilbeek · Board meeting of 02-09-2024 · Gazette deed
Registered office moved from Haaltert to Dilbeek
New registered office: Ninoofsesteenweg 1024 bus 101 te 1703 Dilbeek · Previous registered office: Vlamstraat 7 bus 5 te 9450 Haaltert · Resignation: CASHFLOW 91 (director) · General meeting of 30-12-2019 · Gazette deed
Incorporation
Founding capital of €15,000, 30,000 shares · Founders: FAIS Jeroen, FAIS Jonas, DEKERF Ruben Gilbert Jan and 1 other · Appointment: Cashflow 91 (director) · published on 16-12-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ECTG Liedekerke | €2,365 | -€1,713 | 25.0% | - |
| Eko Bazaar Groothandel Antwerp | €17,951 | -€10,521 | -363.5% | - |
| MELFOOD Mechelen | €2,180 | -€13,020 | -474.1% | - |
| The Harold's Company (EU) Inc. Braine-l'Alleud | €8,137 | €1,637 | -863.0% | - |
| PaCo Bakers Roeselare | €8,911 | €1,726 | 28.2% | - |
| CONSULT MACHINERY Mechelen | €14,533 | -€9,345 | -652.7% | - |
| Société Belge de Négoce Brussels | €10,276 | -€8,094 | -32.6% | - |
These companies have the same main activity as ECTG: wholesale trade (NACE 46391). They are comparable in size and age: total assets between €2,180 and €18,000, founded between 2007 and 2025.
Official details
Source: KBO- Status
- Active since 12-12-2019Normal situation
- Activity
- Wholesale tradeNACE 46391and 2 others
- Establishment unit
- 2.296.549.2341770 Liedekerke, since 12-12-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 01-07-2025
Annual accounts 2025
- €2,365▼ 44.9%
- Filing
- Filed on 13-07-2026, 18 days before the end of the filing period
Insights on ECTG
ECTG files the micro format. That format states no turnover. The gross margin rose from -€3,152 in 2020 to -€1,713 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ECTG
- What is the company number of ECTG?
- The company number of ECTG is 0739.503.056. The VAT number is the same number with BE in front: BE 0739.503.056.
- Where is ECTG based?
- The registered office is at Holstraat 117, 1770 Liedekerke.Company details
- What does ECTG do?
- According to the KBO register, the main activity is wholesale trade (NACE 46391).
- What is the legal form of ECTG?
- ECTG is a private limited company (BV).
- When was ECTG founded?
- ECTG was founded on 12-12-2019.
- Is ECTG still active?
- Yes, ECTG is an active enterprise in the KBO register.
- What is the turnover of ECTG?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is ECTG profitable?
- In financial year 2025, ECTG made a loss of €2,350.
- Where can I find the annual accounts of ECTG?
- ECTG filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ECTG due?
- ECTG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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