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ECUBATOR

Active Private limited company (pre-2019)founded 2016active for 10 yearsKortrijksesteenweg 1010, 9000 GhentKBO/BCE: BE 0665.619.047

Lifetime

9 annual accounts with figures on one time axis
peak €9,374 (2024)
-€12,443▼ €21,817
lowest -€21,913 (2025)
-€21,913▼ €22,498
peak €4,939 (2017)
-€54,763▼ €21,913
€74,831▲ 34.3%
Board2 names since 2016
1 director
Documentsfilings and deeds
18-09-202649 days late
2025micro format
Gross margin from €9,374 to -€12,443Loss of €21,913Equity from -€32,850 to -€54,763Debts from €55,711 to €74,831

Key points

from the 2025 annual accounts

Equity

-€54,763
202020212022202320242025

Debts exceed assets in financial year 2025.

Debts

€74,831 373% of the balance sheet
Suppliers 29%Taxes and wages 2%Other 69%

Of this, €23,331 falls due within a year.

Liquidity

0.63 was 2.50 in 2024

Short-term debts rose from €4,211 to €23,331.

Filings

9 annual accounts 8 late
AprilJune31 JulyOctober20202025

The 2018 accounts came latest: 72 days after the end of the period.

Position in the sector

-272.9%

Lower solvency than 95% of companies in head offices and management consultancy. Sector median 55.5% · 41,211 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,909 companies had the same profile as ECUBATOR has now. Each dot stands for 18 companies, two years later.

85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.7% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 6,909 companies, not a prediction for ECUBATOR. 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

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

Signals

Board and ownership

Manager
  • 93 sharesdeed of 26-03-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0665619047
Registered office moved within Ghent Transfer of 93 shares from to · New registered office: Kortrijksesteenweg 1010 bus 401 te 9000 Gent · Previous registered office: Koersenstraat 15 te 9000 Gent · General meeting of 08-03-2018 · Gazette deed
Incorporation Founding capital of €18,600, 186 shares · Appointments: (manager) and (manager) · published on 03-11-2016 · Gazette deed
First establishment Kortrijksesteenweg 1010, Ghent
All 16 events

Comparable companies

same main activity, similar in size and age
Company
ECUBATOR Ghent €20,069 -€12,443 -272.9% -
REAL BEL-ASIAN Ghent €23,171 -€16,726 -25.4% -
JoPaVa Sint-Martens-Latem €21,738 -€11,852 -292.4% -
FLAX ELEVEN CONSULTING Aalter €17,078 -€2,459 -9.4% -
COOPLAN Merelbeke-Melle €19,231 -€18,508 -68.2% -
Jofero Berlare €24,973 -€3,892 95.0% -
Balada Lebbeke €16,020 -€3,666 94.7% -

These companies have the same main activity as ECUBATOR: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €16,000 and €25,000, founded between 2015 and 2017.

Official details

Source: KBO
Status
Active since 28-10-2016Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Establishment unit
2.258.713.7899000 Ghent, since 28-10-2016
Financial year end
31 December
Peppol
Reachable since 14-03-2025
Company details

Annual accounts 2025

€20,069▼ 12.2%
Filing
Filed on 18-09-2026
Financials

Insights on ECUBATOR

ECUBATOR files the micro format. That format states no turnover. The gross margin fell from -€758 in 2017 to -€12,443 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 ECUBATOR

What is the company number of ECUBATOR?
The company number of ECUBATOR is 0665.619.047. The VAT number is the same number with BE in front: BE 0665.619.047.
Where is ECUBATOR based?
The registered office is at Kortrijksesteenweg 1010, 9000 Ghent.Company details
What does ECUBATOR do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of ECUBATOR?
ECUBATOR is a private limited company (pre-2019) (BVBA).
When was ECUBATOR founded?
ECUBATOR was founded on 28-10-2016.
Is ECUBATOR still active?
Yes, ECUBATOR is an active enterprise in the KBO register.
What is the turnover of ECUBATOR?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is ECUBATOR profitable?
In financial year 2025, ECUBATOR made a loss of €21,913.
Where can I find the annual accounts of ECUBATOR?
ECUBATOR filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ECUBATOR due?
ECUBATOR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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