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ECUA +

Dissolution or liquidation
Private limited company (pre-2019)founded 2016KBO/BCE: BE 0650.690.747
Summary

The KBO register records for ECUA + the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €16,511 and a net result of -€21,567.

ECUA +Dissolution or liquidation

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
222324
2022 to 2024 · latest year -€21,567
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
71 d late
2023
208 d late
2022
519 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 266 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 23 March 2016, ECUA + was incorporated.1 Total assets went from EUR 147,509 in 2022 to EUR 154,543 in 2024 and headcount from 2 to 2 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€16,511▼ 56.6%
2023 · €38,078
Total assets
€154,543▼ 15.0%
2023 · €181,759
Net result
-€21,567▼ 125%
2023 · -€9,574
Working capital
€55,142▼ 18.2%
2023 · €67,410
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€1,510--€7,830-€19,883▼ 154%
Net result-€309within the sector's middle half--€9,574below the sector's middle half▼ 3,000%-€21,567below the sector's middle half▼ 125%
Equity€47,652within the sector's middle half-€38,078within the sector's middle half▼ 20.1%€16,511within the sector's middle half▼ 56.6%
Total assets€147,509within the sector's middle half-€181,759within the sector's middle half▲ 23.2%€154,543within the sector's middle half▼ 15.0%
Debt€99,857-€143,681▲ 43.9%€138,033▼ 3.9%
Working capital€46,669within the sector's middle half-€67,410within the sector's middle half▲ 44.4%€55,142within the sector's middle half▼ 18.2%
Solvency32.3%within the sector's middle half-20.9%within the sector's middle half▼ 11.4pp10.7%within the sector's middle half▼ 10.3pp
Current ratio1.47within the sector's middle half-1.59within the sector's middle half▲ 0.131.56within the sector's middle half▼ 0.04
Return on assets (ROA)-0.2%within the sector's middle half--5.3%below the sector's middle half▼ 5.1pp-14.0%below the sector's middle half▼ 8.7pp
Staff (FTE)2-2.2▲ 10.0%2▼ 9.1%
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2022: €1,510€1,510Net result 2022: -€309-€309Operating result 2023: -€7,830-€7,830Net result 2023: -€9,574-€9,574Operating result 2024: -€19,883-€19,883Net result 2024: -€21,567-€21,567202220232024-€30,000-€20,000-€10,000€0Operating result 2022: €1,510€1,510Net result 2022: -€309-€309Operating result 2023: -€7,830-€7,830Net result 2023: -€9,574-€9,570Operating result 2024: -€19,883-€19,900Net result 2024: -€21,567-€21,600202220232024
The operating result stays negative: a loss of €19,883 in 2024 against €7,830 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €154,543
Fixed assets €369 ▼ 44.8%
Current assets €154,175 ▼ 14.9%
Equity and liabilities €154,543
Equity €16,511 ▼ 56.6%
Debt €138,033 ▼ 3.9%
Debt's share of the balance-sheet total rises from 79.1% to 89.3%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€19,583▼
2023 · -€7,484
Cash flow
-€21,267▼
2023 · -€9,228
Quick ratio
1.37▼
2023 · 1.46
Debt to equity
8.36▲
2023 · 3.77
ROE
-130.6%▼
2023 · -25.1%
Interest coverage
-12.50▼
2023 · -4.57
Debt ≤ 1 year
€99,033▼
2023 · €113,681
Debt > 1 year
€39,000▲
2023 · €30,000
Income taxes
€117▲
2023 · €107
Staff costs
€64,543▲
2023 · €54,895
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€181,759€154,543▼
Fixed assets21/28€668€369▼
Tangible fixed assets22/27€305€6▼
Furniture and vehicles24€305€6▼
Financial fixed assets28€363€363=
Current assets29/58€181,091€154,175▼
Stocks and contracts in progress3€15,572€18,612▲
Stocks30/36€15,572€18,612▲
Amounts receivable within one year40/41€134,653€112,441▼
Trade receivables40€89,489€45,207▼
Other amounts receivable41€45,164€67,233▲
Cash at bank and in hand54/58€29,402€21,620▼
Deferred charges and accrued income490/1€1,464€1,503▲
Equity and liabilities
Total equity and liabilities10/49€181,759€154,543▼
Equity10/15€38,078€16,511▼
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€17,618-€3,949▼
Amounts payable17/49€143,681€138,033▼
Amounts payable after more than one year17€30,000€39,000▲
Financial debts170/4-€15,000
Other amounts payable178/9€30,000€24,000▼
Amounts payable within one year42/48€113,681€99,033▼
Current portion of amounts payable after more than one year42€12,421€12,439▲
Trade debts44€80,993€50,664▼
Suppliers440/4€80,993€50,664▼
Taxes, remuneration and social security45€20,097€27,932▲
Taxes450/3€5,155€13,116▲
Remuneration and social security454/9€14,941€14,816▼
Other amounts payable47/48€170€7,997▲
Income statement Code20232024
Non-recurring operating income76A-€224
Remuneration, social security and pensions62€54,895€64,543▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€346€299▼
Other operating charges640/8€944€988▲
Non-recurring operating charges66A€6,035€2,485▼
Gross operating margin9900€54,390€48,433▼
Operating profit (loss)9901-€7,830-€19,883▼
Financial charges65/66B€1,637€1,567▼
Recurring financial charges65€1,637€1,567▼
Profit (loss) for the period before taxes9903-€9,467-€21,450▼
Income taxes67/77€107€117▲
Profit (loss) for the period9904-€9,574-€21,567▼
Profit (loss) for the period to be appropriated9905-€9,574-€21,567▼
Appropriation of the result
Profit (loss) to be appropriated9906€17,618-€3,949▼
Profit (loss) brought forward from the previous period14P€27,192€17,618▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Non-recurring operating income76A--€224-
Remuneration, social security and pensions62€57,544€54,895€64,543▲ 17.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€395€346€299▼ 13.6%
Provisions for liabilities and charges: additions (uses and reversals)635/8-€5,000---
Other operating charges640/8€1,274€944€988▲ 4.7%
Non-recurring operating charges66A-€6,035€2,485▼ 58.8%
Gross operating margin9900€55,723€54,390€48,433▼ 11.0%
Operating profit (loss)9901€1,510-€7,830-€19,883▼ 154%
Financial charges65/66B€1,438€1,637€1,567▼ 4.3%
Recurring financial charges65€1,438€1,637€1,567▼ 4.3%
Profit (loss) for the period before taxes9903€72-€9,467-€21,450▼ 127%
Income taxes67/77€381€107€117▲ 8.9%
Profit (loss) for the period9904-€309-€9,574-€21,567▼ 125%
Profit (loss) for the period to be appropriated9905-€309-€9,574-€21,567▼ 125%
Line202220232024Change
Assets
Total assets20/58€147,509€181,759€154,543▼ 15.0%
Fixed assets21/28€983€668€369▼ 44.8%
Tangible fixed assets22/27€652€305€6▼ 98.1%
Furniture and vehicles24€652€305€6▼ 98.1%
Financial fixed assets28€331€363€363=
Current assets29/58€146,526€181,091€154,175▼ 14.9%
Stocks and contracts in progress3€18,895€15,572€18,612▲ 19.5%
Stocks30/36€18,895€15,572€18,612▲ 19.5%
Amounts receivable within one year40/41€107,604€134,653€112,441▼ 16.5%
Trade receivables40€77,332€89,489€45,207▼ 49.5%
Other amounts receivable41€30,271€45,164€67,233▲ 48.9%
Cash at bank and in hand54/58€18,629€29,402€21,620▼ 26.5%
Deferred charges and accrued income490/1€1,398€1,464€1,503▲ 2.7%
Equity and liabilities
Total equity and liabilities10/49€147,509€181,759€154,543▼ 15.0%
Equity10/15€47,652€38,078€16,511▼ 56.6%
Contributions10/11€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860=
Profit (loss) carried forward14€27,192€17,618-€3,949▼ 122%
Amounts payable17/49€99,857€143,681€138,033▼ 3.9%
Amounts payable after more than one year17-€30,000€39,000▲ 30.0%
Financial debts170/4--€15,000-
Other amounts payable178/9-€30,000€24,000▼ 20.0%
Amounts payable within one year42/48€99,857€113,681€99,033▼ 12.9%
Current portion of amounts payable after more than one year42€12,448€12,421€12,439▲ 0.1%
Trade debts44€35,355€80,993€50,664▼ 37.4%
Suppliers440/4€35,355€80,993€50,664▼ 37.4%
Taxes, remuneration and social security45€23,445€20,097€27,932▲ 39.0%
Taxes450/3€2,400€5,155€13,116▲ 154%
Remuneration and social security454/9€21,045€14,941€14,816▼ 0.8%
Other amounts payable47/48€28,609€170€7,997▲ 4,597%
Line202220232024Change
Profit (loss) for the period9904-€309-€9,574-€21,567▼ 125%
+ Depreciation and write-downs630€395€346€299▼ 13.6%
Operating cash flow (approximation)€87-€9,228-€21,267▼ 130%
Investment in fixed assets (approximation)--€32€0▲ 100%
Change in cash-€10,773-€7,782▼ 172%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
08-06
Bankruptcy Judicial dissolution, liquidator appointed
Tribunal de l’entreprise francophone de Bruxelles · event 28-05-2026
2025
10-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
07-05
KBO administration Address struck
24-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 208 days late
14-02
Bankruptcy Judicial dissolution, liquidator appointed
Tribunal de l’entreprise francophone de Bruxelles · event 06-02-2025
2024
31-12
Financial Weakest financial yearnet -€21,567
Net result drops to -€21,567, the lowest in the series.
31-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 519 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 acts for this company are 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
1,076 m²
Building footprint
715 m²
Volume, LiDAR
14,737 m³
2 parcels, Brussels · tallest building 26.7 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Marie-Joséplein 8, 1050 Elsene
NACE 4532001
since 20162.251.712.765
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21446D0185/00A004 Brussels 984 m² 1 · 636 m² 26.7 m · 8 fl.
21013B0339/00A005 Brussels 92 m² 1 · 79 m² 17.3 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Elsene2.251.712.765
2 permissions
Toelating · Verkooppunt · since 02-05-2016
Detailhandel LM>3 maand · since 01-04-2016

Similar companies · same sector, comparable size

Of 1,265 companies in sector 47300 we hold annual accounts for 951. 491 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded23-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47300Retail sale of automotive fuel
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47783Retail trade
70200Business and other management consultancy
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0650690747
Also 9925:BE0650690747
Registered 21-01-2026

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.