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ECUREUIL VERT

Inactive
KBO/BCE: BE 0434.618.792

ECUREUIL VERT was declared bankrupt on 08-04-2024 (Tribunal de l’entreprise du Hainaut, division Charleroi); the bankruptcy was closed by liquidation by judgment of 03-11-2025, published in the Belgian State Gazette on 14-11-2025.

Summary

Inactive; last annual accounts for fiscal year 2022.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Earlier reorganisation (closed)
Involved in a judicial reorganisation procedure in the past. No current open procedure.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 18-10-2023, 79 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
79 d late
2021
78 d late
2020
31 d late
2019
90 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 70 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Total assets went from EUR 937,251 in 2018 to EUR 531,196 in 2022 and headcount from 8.3 to 4.3 full-time equivalents.1 ECUREUIL VERT was declared bankrupt on 8 April 2024; the bankruptcy was closed on 3 November 2025.23

  1. 1National Bank, annual accounts 2018 and 2022
  2. 2Belgian State Gazette, 19-04-2024
  3. 3Belgian State Gazette, 14-11-2025

Financials · fiscal year 2022, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€23,416
2021 · -€24,365
Working capital
-€197,175▲ 19.9%
2021 · -€246,230
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result€114,415-€22,176▼ 80.6%-€206,388-€19,055▲ 90.8%€27,062
Net result€80,569--€1,075-€216,990▼ 20,079%-€24,365▲ 88.8%€23,416
Equity€137,922-€136,846▼ 0.8%-€80,144-€104,508▼ 30.4%-€81,093▲ 22.4%
Total assets€937,251-€814,635▼ 13.1%€552,275▼ 32.2%€523,023▼ 5.3%€531,196▲ 1.6%
Debt€799,329-€677,789▼ 15.2%€632,418▼ 6.7%€627,531▼ 0.8%€612,289▼ 2.4%
Working capital-€1,802--€14,592▼ 710%-€213,228▼ 1,361%-€246,230▼ 15.5%-€197,175▲ 19.9%
Staff (FTE)8.3-9.4▲ 13.3%4▼ 57.4%4.2▲ 5.0%4.3▲ 2.4%
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0€100,000Operating result 2018: €114,415€114,415Net result 2018: €80,569€80,569Operating result 2019: €22,176€22,176Net result 2019: -€1,075-€1,075Operating result 2020: -€206,388-€206,388Net result 2020: -€216,990-€216,990Operating result 2021: -€19,055-€19,055Net result 2021: -€24,365-€24,365Operating result 2022: €27,062€27,062Net result 2022: €23,416€23,41620182019202020212022-€300,000-€200,000-€100,000€0Operating result 2020: -€206,388-€206,000Net result 2020: -€216,990-€217,000Operating result 2021: -€19,055-€19,100Net result 2021: -€24,365-€24,400Operating result 2022: €27,062€27,100Net result 2022: €23,416€23,400202020212022
The operating result returns to profit in 2022: €27,062 after a loss of €19,055 in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €531,196
Fixed assets €165,302 ▼ 25.5%
Current assets €365,894 ▲ 21.5%
Key figures and ratios
2022 value · change against 2021
EBITDA
€84,059▲
2021 · €60,939
Cash flow
€80,412▲
2021 · €55,629
Solvency
-15.3%▲
2021 · -20.0%
Current ratio
0.65▲
2021 · 0.55
Debt to equity
-7.55▼
2021 · -6.00
ROA
4.4%▲
2021 · -4.7%
Interest coverage
22.44▲
2021 · 11.35
Debt ≤ 1 year
€563,069▲
2021 · €547,454
Debt > 1 year
€49,220▼
2021 · €80,045
Staff costs
€115,855▼
2021 · €130,813
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 · 2022 against 2021 · 53 lines
Balance sheet Code20212022
Assets
Total assets20/58€523,023€531,196▲
Fixed assets21/28€221,799€165,302▼
Intangible fixed assets21€19,600€9,800▼
Tangible fixed assets22/27€199,000€151,803▼
Land and buildings22€655€546▼
Plant, machinery and equipment23€7,516€3,692▼
Furniture and vehicles24€4,454€2,047▼
Leasing and similar rights25€186,375€145,518▼
Financial fixed assets28€3,199€3,699▲
Current assets29/58€301,224€365,894▲
Amounts receivable within one year40/41€298,442€361,832▲
Trade receivables40€274,217€326,767▲
Other amounts receivable41€24,225€35,065▲
Cash at bank and in hand54/58€2,782€4,062▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€523,023€531,196▲
Equity10/15-€104,508-€81,093▲
Contributions10/11€22,500€22,500=
Reserves13€2,500€2,500=
Non-distributable reserves130/1€2,500€2,500=
Reserves not available under the articles1311€2,500€2,500=
Profit (loss) carried forward14-€129,508-€106,093▲
Amounts payable17/49€627,531€612,289▼
Amounts payable after more than one year17€80,045€49,220▼
Financial debts170/4€80,045€49,220▼
Amounts payable within one year42/48€547,454€563,069▲
Current portion of amounts payable after more than one year42€90,438€39,083▼
Financial debts43€5,801€8,062▲
Credit institutions430/8€5,801€8,062▲
Trade debts44€207,309€255,333▲
Suppliers440/4€207,309€255,333▲
Taxes, remuneration and social security45€23,584€28,308▲
Taxes450/3€6,082-
Remuneration and social security454/9€17,502€28,308▲
Other amounts payable47/48€220,322€232,282▲
Accrued charges and deferred income492/3€32-
Income statement Code20212022
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€130,813€115,855▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79,994€56,997▼
Other operating charges640/8€9,200€6,690▼
Non-recurring operating charges66A€0-
Gross operating margin9900€200,951€206,603▲
Operating profit (loss)9901-€19,055€27,062▲
Financial income75/76B€61€100▲
Recurring financial income75€61€100▲
Financial charges65/66B€5,370€3,746▼
Recurring financial charges65€5,370€3,746▼
Profit (loss) for the period before taxes9903-€24,365€23,416▲
Profit (loss) for the period9904-€24,365€23,416▲
Profit (loss) for the period to be appropriated9905-€24,365€23,416▲
Appropriation of the result
Profit (loss) to be appropriated9906-€129,508-€106,093▲
Profit (loss) brought forward from the previous period14P-€105,144-€129,508▼
Social balance
Average headcount (FTE)90874.24.3▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Non-recurring operating income76A---€0--
Remuneration, social security and pensions62---€130,813€115,855▼ 11.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€176,788€167,401€127,001€79,994€56,997▼ 28.7%
Other operating charges640/8---€9,200€6,690▼ 27.3%
Non-recurring operating charges66A---€0--
Gross operating margin9900€495,874€549,492€169,630€200,951€206,603▲ 2.8%
Operating profit (loss)9901€114,415€22,176-€206,388-€19,055€27,062▲ 242%
Financial income75/76B---€61€100▲ 64.9%
Recurring financial income75€167€228€0€61€100▲ 64.9%
Financial charges65/66B---€5,370€3,746▼ 30.2%
Recurring financial charges65€5,198€17,897€10,602€5,370€3,746▼ 30.2%
Profit (loss) for the period before taxes9903€109,384€4,507-€216,990-€24,365€23,416▲ 196%
Income taxes67/77€28,815€5,582€0---
Profit (loss) for the period9904€80,569-€1,075-€216,990-€24,365€23,416▲ 196%
Profit (loss) for the period to be appropriated9905€80,569-€1,075-€216,990-€24,365€23,416▲ 196%
Line20182019202020212022Change
Assets
Total assets20/58€937,251€814,635€552,275€523,023€531,196▲ 1.6%
Fixed assets21/28€388,400€424,106€296,664€221,799€165,302▼ 25.5%
Intangible fixed assets21€49,369€39,200€29,400€19,600€9,800▼ 50.0%
Tangible fixed assets22/27€338,331€380,006€266,565€199,000€151,803▼ 23.7%
Land and buildings22---€655€546▼ 16.7%
Plant, machinery and equipment23---€7,516€3,692▼ 50.9%
Furniture and vehicles24---€4,454€2,047▼ 54.0%
Leasing and similar rights25---€186,375€145,518▼ 21.9%
Financial fixed assets28€700€4,900€699€3,199€3,699▲ 15.6%
Current assets29/58€548,851€390,529€255,611€301,224€365,894▲ 21.5%
Amounts receivable within one year40/41€484,678€320,148€234,683€298,442€361,832▲ 21.2%
Trade receivables40---€274,217€326,767▲ 19.2%
Other amounts receivable41---€24,225€35,065▲ 44.7%
Cash at bank and in hand54/58€54,525€59,294€15,170€2,782€4,062▲ 46.0%
Deferred charges and accrued income490/1---€0--
Equity and liabilities
Total equity and liabilities10/49€937,251€814,635€552,275€523,023€531,196▲ 1.6%
Equity10/15€137,922€136,846-€80,144-€104,508-€81,093▲ 22.4%
Contributions10/11€22,500€22,500-€22,500€22,500=
Reserves13€2,500€2,500€2,500€2,500€2,500=
Non-distributable reserves130/1---€2,500€2,500=
Reserves not available under the articles1311---€2,500€2,500=
Profit (loss) carried forward14€112,922€111,846-€105,144-€129,508-€106,093▲ 18.1%
Amounts payable17/49€799,329€677,789€632,418€627,531€612,289▼ 2.4%
Amounts payable after more than one year17€248,676€272,668€163,082€80,045€49,220▼ 38.5%
Financial debts170/4---€80,045€49,220▼ 38.5%
Amounts payable within one year42/48€550,653€405,121€468,839€547,454€563,069▲ 2.9%
Current portion of amounts payable after more than one year42---€90,438€39,083▼ 56.8%
Financial debts43---€5,801€8,062▲ 39.0%
Credit institutions430/8---€5,801€8,062▲ 39.0%
Trade debts44€188,213€30,176€123,047€207,309€255,333▲ 23.2%
Suppliers440/4---€207,309€255,333▲ 23.2%
Taxes, remuneration and social security45---€23,584€28,308▲ 20.0%
Taxes450/3---€6,082--
Remuneration and social security454/9---€17,502€28,308▲ 61.7%
Other amounts payable47/48---€220,322€232,282▲ 5.4%
Accrued charges and deferred income492/3---€32--
Line20182019202020212022Change
Profit (loss) for the period9904€80,569-€1,075-€216,990-€24,365€23,416▲ 196%
+ Depreciation and write-downs630€176,788€167,401€127,001€79,994€56,997▼ 28.7%
Operating cash flow (approximation)€257,357€166,326-€89,989€55,629€80,412▲ 44.6%
Investment in fixed assets (approximation)--€203,107€441-€5,129-€500▲ 90.3%
Change in cash-€4,769-€44,124-€12,388€1,280▲ 110%

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

2025
14-11
Bankruptcy Bankruptcy closure (by liquidation)
Tribunal de l’entreprise du Hainaut, division Charleroi · event 03-11-2025
2024
19-04
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · event 08-04-2024
2023
18-10
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 79 days late
2022
31-12
Financial Back to profitnet €23,416
Net result €23,416 after 3 loss-making years.
17-10
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 78 days late
2021
20-10
Judicial reorganisation Plan approval refused
Tribunal de l’entreprise du Hainaut · event 14-10-2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 31 days late
20-07
Judicial reorganisation Filing of a new plan authorised
Tribunal de l’entreprise du Hainaut, division Charleroi · collective agreement · event 13-07-2021
20-01
Judicial reorganisation Opening
Tribunal de l’entreprise du Hainaut · collective agreement · event 15-01-2021
2020
31-12
Financial Weakest financial yearnet -€216,990
Net result drops to -€216,990, the lowest in the series.
29-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 29 days late
Show earlier events
2018
24-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
25-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
05-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 5 days late
2015
29-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
14-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 14 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts

We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
11 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator STEPHANE GUCHEZ
RUE TUMELAIRE 23/42, 6000 CHARLEROI- . Date provisoire de cessation de paiement : 08/04/2024
08-04-2024 → 03-11-2025