ECV TECHNICS
ActiveSummary
ECV TECHNICS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €229k and a net result of €14k. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 48% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+1
Solvency70▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.51 in 2024; short-term debt: 34.2% and cash: 16.2% of total assets), and 54.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.3%
Return on assets
2.8%
Age of the figures
9 mo
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 20-07-2026, 11 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
11 d early
2024
36 d early
2023
33 d early
2022
35 d early
2021
31 d late
2020
27 d late
2019
25 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€229k▲ 6.6%
2024 · €215k
Total assets
€506k▼ 1.7%
2024 · €515k
Net result
€14k▲ 30.2%
2024 · €11k
Working capital
€84k▲ 2.9%
2024 · €82k
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
Line20212022202320242025
Operating result€55k▲ 0.2%€173k▲ 217%€67k▼ 61.0%€20k▼ 71.0%€23k▲ 19.7%
Net result€42k▼ 9.7%€133k▲ 214%€51k▼ 61.3%€11k▼ 78.8%€14k▲ 30.2%
Equity€103k▲ 69.8%€233k▲ 126%€204k▼ 12.1%€215k▲ 5.3%€229k▲ 6.6%
Total assets€374k▲ 7.8%€597k▲ 59.7%€627k▲ 5.0%€515k▼ 17.9%€506k▼ 1.7%
Debt€271k▼ 5.3%€364k▲ 34.5%€423k▲ 16.0%€300k▼ 29.1%€276k▼ 7.7%
Working capital€29k▼ 15.8%€198k▲ 575%€87k▼ 56.2%€82k▼ 5.6%€84k▲ 2.9%
Staff (FTE)1=0.9▼ 10.0%2.3▲ 156%2.5▲ 8.7%4▲ 60.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 20% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €506k
Fixed assets
€249k ▼ 8.1%
Current assets
€257k ▲ 5.4%
Equity and liabilities €506k
Equity
€229k ▲ 6.6%
Debt
€276k ▼ 7.7%
Debt's share of the balance-sheet total falls from 58.2% to 54.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€72k▲
2024 · €65k
Cash flow
€63k▲
2024 · €57k
Current ratio
1.49▼
2024 · 1.51
Quick ratio
1.05▼
2024 · 1.06
Debt to equity
1.21▼
2024 · 1.39
ROE
6.2%▲
2024 · 5.1%
ROA
2.8%▲
2024 · 2.1%
Interest coverage
14.76▲
2024 · 10.97
Debt ≤ 1 year
€173k▲
2024 · €162k
Debt > 1 year
€104k▼
2024 · €136k
Income taxes
€5k▲
2024 · €3k
Staff costs
€177k▲
2024 · €139k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €3k | - |
| Remuneration, social security and pensions62 | €22k | €43k | €122k | €139k | €177k | ▲ 27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23k | €30k | €33k | €46k | €49k | ▲ 6.8% |
| Other operating charges640/8 | €1k | €1k | €1k | €2k | €3k | ▲ 95.7% |
| Non-recurring operating charges66A | €6k | €1k | - | - | - | - |
| Gross operating margin9900 | €107k | €248k | €224k | €206k | €252k | ▲ 22.3% |
| Operating profit (loss)9901 | €55k | €173k | €67k | €20k | €23k | ▲ 19.7% |
| Financial income75/76B | €2 | €14 | €189 | €290 | €199 | ▼ 31.6% |
| Recurring financial income75 | €2 | €14 | €189 | €290 | €199 | ▼ 31.6% |
| Financial charges65/66B | €4k | €4k | €5k | €6k | €5k | ▼ 17.7% |
| Recurring financial charges65 | €4k | €4k | €5k | €6k | €5k | ▼ 17.7% |
| Profit (loss) for the period before taxes9903 | €51k | €169k | €62k | €14k | €19k | ▲ 34.7% |
| Income taxes67/77 | €8k | €36k | €11k | €3k | €5k | ▲ 50.6% |
| Profit (loss) for the period9904 | €42k | €133k | €51k | €11k | €14k | ▲ 30.2% |
| Profit (loss) for the period to be appropriated9905 | €42k | €133k | €51k | €11k | €14k | ▲ 30.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €374k | €597k | €627k | €515k | €506k | ▼ 1.7% |
| Fixed assets21/28 | €223k | €238k | €290k | €271k | €249k | ▼ 8.1% |
| Tangible fixed assets22/27 | €222k | €237k | €289k | €270k | €248k | ▼ 8.1% |
| Land and buildings22 | €153k | €159k | €151k | €154k | €161k | ▲ 4.4% |
| Plant, machinery and equipment23 | €50k | €58k | €50k | €46k | €32k | ▼ 30.2% |
| Furniture and vehicles24 | €20k | €20k | €89k | €70k | €55k | ▼ 21.5% |
| Financial fixed assets28 | €760 | €760 | €760 | €760 | €760 | = |
| Current assets29/58 | €151k | €359k | €337k | €244k | €257k | ▲ 5.4% |
| Stocks and contracts in progress3 | €27k | €61k | €95k | €72k | €75k | ▲ 4.7% |
| Stocks30/36 | €27k | €61k | €95k | €72k | €75k | ▲ 4.7% |
| Amounts receivable within one year40/41 | €47k | €139k | €163k | €32k | €74k | ▲ 131% |
| Trade receivables40 | €47k | €139k | €148k | €30k | €68k | ▲ 131% |
| Other amounts receivable41 | €256 | €82 | €15k | €2k | €5k | ▲ 145% |
| Cash at bank and in hand54/58 | €72k | €159k | €77k | €117k | €82k | ▼ 30.0% |
| Deferred charges and accrued income490/1 | €4k | €558 | €2k | €24k | €27k | ▲ 12.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €374k | €597k | €627k | €515k | €506k | ▼ 1.7% |
| Equity10/15 | €103k | €233k | €204k | €215k | €229k | ▲ 6.6% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €83k | €212k | €184k | €195k | €209k | ▲ 7.3% |
| Amounts payable17/49 | €271k | €364k | €423k | €300k | €276k | ▼ 7.7% |
| Amounts payable after more than one year17 | €150k | €130k | €171k | €136k | €104k | ▼ 23.9% |
| Financial debts170/4 | €150k | €130k | €171k | €136k | €104k | ▼ 23.9% |
| Amounts payable within one year42/48 | €121k | €161k | €250k | €162k | €173k | ▲ 6.6% |
| Current portion of amounts payable after more than one year42 | €20k | €19k | €36k | €35k | €33k | ▼ 8.0% |
| Trade debts44 | €71k | €104k | €132k | €94k | €120k | ▲ 27.8% |
| Suppliers440/4 | €71k | €104k | €132k | €94k | €120k | ▲ 27.8% |
| Taxes, remuneration and social security45 | €12k | €31k | €35k | €13k | €12k | ▼ 7.2% |
| Taxes450/3 | €8k | €28k | €35k | €309 | €4k | ▲ 1,107% |
| Remuneration and social security454/9 | €4k | €4k | €681 | €13k | €8k | ▼ 34.6% |
| Other amounts payable47/48 | €18k | €6k | €47k | €20k | €8k | ▼ 58.5% |
| Accrued charges and deferred income492/3 | - | €73k | €1k | €1k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42k | €133k | €51k | €11k | €14k | ▲ 30.2% |
| + Depreciation and write-downs630 | €23k | €30k | €33k | €46k | €49k | ▲ 6.8% |
| Operating cash flow (approximation) | €65k | €163k | €84k | €57k | €63k | ▲ 11.3% |
| Investment in fixed assets (approximation) | - | €-45k | €-86k | €-26k | €-27k | ▼ 2.8% |
| Change in cash | - | €87k | €-82k | €40k | €-35k | ▼ 188% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €133k ▲214%
Operating result €173k, net result €133k, both a record.
31-12
Financial
Equity above €200kEq €233k ▲126%
3 profitable years in a row build equity to €233k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €100kEq €103k ▲69.8%
2 profitable years in a row build equity to €103k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €47k
Net result €47k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Philippeville · 1 establishment unit since 2017
Ground area
1,402 m²
Building footprint
239 m²
Parcel 93036A0227/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ECV TECHNICS SPRL
since 20172.260.329.929
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93036A0227/00H000 | Wallonia | 1,402 m² | 1 · 239 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
3 categoriesECV TECHNICS SRL43651
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Of 9,534 companies in sector 43222 we hold annual accounts for 5,666. 4,717 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
Founded13-01-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
41001General construction of residential buildings
41003General construction of other non-residential buildings
43211General electrical installation work
43212Electrical installation work in industrial facilities
43221Plumbing work
Contact
E-mail
ecv.ittelet@gmail.comPhilippeville
Phone
0499/18.35.62Philippeville
Scores and ratios are computed by Checked and are not a credit decision.