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EECKHOUT

Active
Private limited companyfounded 2015active for 11 yearsPrinsenmolenstraat 3, 9890 Gavere, BelgiumKBO/BCE: BE 0568.796.023
Summary

EECKHOUT has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €135,196 and a net result of €96,881. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 35% of 9,614 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Financials · financial year 2025, abbreviated format

Equity
€135,196▲ 72.6%
2024 · €78,315
Total assets
€413,849▲ 12.7%
2024 · €367,370
Net result
€96,881▲ 77.4%
2024 · €54,605
Working capital
€125,451▲ 27.6%
2024 · €98,310
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result recovers in 2025; 2025 is 80% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€134,208 2025 Net result€96,881 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€21,280-€747▼ 96.5%€14,185▲ 1,800%€24,580▲ 73.3%€98,797▲ 302%€74,631▼ 24.5%€134,208▲ 79.8%
Net result€12,969--€1,932below the sector's middle half€9,888within the sector's middle half€16,273within the sector's middle half▲ 64.6%€75,904within the sector's middle half▲ 366%€54,605within the sector's middle half▼ 28.1%€96,881within the sector's middle half▲ 77.4%
Equity€38,577-€36,646below the sector's middle half▼ 5.0%€46,533below the sector's middle half▲ 27.0%€62,807below the sector's middle half▲ 35.0%€63,710below the sector's middle half▲ 1.4%€78,315below the sector's middle half▲ 22.9%€135,196within the sector's middle half▲ 72.6%
Total assets€323,296-€316,839below the sector's middle half▼ 2.0%€301,816below the sector's middle half▼ 4.7%€331,826below the sector's middle half▲ 9.9%€341,095below the sector's middle half▲ 2.8%€367,370below the sector's middle half▲ 7.7%€413,849within the sector's middle half▲ 12.7%
Debt€284,718-€280,193▼ 1.6%€255,283▼ 8.9%€269,019▲ 5.4%€277,385▲ 3.1%€289,054▲ 4.2%€278,653▼ 3.6%
Working capital-€32,807--€21,734below the sector's middle half▲ 33.8%-€56below the sector's middle half▲ 99.7%€29,293below the sector's middle half€26,310below the sector's middle half▼ 10.2%€98,310within the sector's middle half▲ 274%€125,451within the sector's middle half▲ 27.6%
Solvency11.9%-11.6%below the sector's middle half▼ 0.4pp15.4%below the sector's middle half▲ 3.9pp18.9%below the sector's middle half▲ 3.5pp18.7%below the sector's middle half▼ 0.2pp21.3%below the sector's middle half▲ 2.6pp32.7%within the sector's middle half▲ 11.4pp
Current ratio0.88-0.92below the sector's middle half▲ 0.041.00below the sector's middle half▲ 0.081.11below the sector's middle half▲ 0.111.11below the sector's middle half=1.55within the sector's middle half▲ 0.441.56within the sector's middle half▲ 0.01
Return on assets (ROA)4.0%--0.6%below the sector's middle half▼ 4.6pp3.3%within the sector's middle half▲ 3.9pp4.9%within the sector's middle half▲ 1.6pp22.3%above the sector's middle half▲ 17.3pp14.9%above the sector's middle half▼ 7.4pp23.4%above the sector's middle half▲ 8.5pp
Staff (FTE)4-5.2within the sector's middle half▲ 30.0%5.6within the sector's middle half▲ 7.7%4.6within the sector's middle half▼ 17.9%4.5within the sector's middle half▼ 2.2%5.1within the sector's middle half▲ 13.3%4within the sector's middle half▼ 21.6%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €413,849
Fixed assets €64,932 ▼ 28.5%
Current assets €348,917 ▲ 26.2%
Equity and liabilities €413,849
Equity €135,196 ▲ 72.6%
Debt €278,653 ▼ 3.6%
Debt's share of the balance-sheet total falls from 78.7% to 67.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€161,692▲
2024 · €102,882
Cash flow
€124,365▲
2024 · €82,856
Quick ratio
1.04▼
2024 · 1.24
Debt to equity
2.06▼
2024 · 3.69
ROE
71.7%▲
2024 · 69.7%
Interest coverage
17.99▲
2024 · 17.31
Debt ≤ 1 year
€223,466▲
2024 · €178,261
Debt > 1 year
€48,494▼
2024 · €107,835
Income taxes
€28,429▲
2024 · €14,321
Staff costs
€254,425▼
2024 · €318,207
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,695 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet Code20242025
Assets
Total assets20/58€367,370€413,849▲
Fixed assets21/28€90,798€64,932▼
Intangible fixed assets21€3,788€0▼
Tangible fixed assets22/27€85,010€62,932▼
Plant, machinery and equipment23€0€1,165▲
Furniture and vehicles24€85,010€61,767▼
Other tangible fixed assets26€0-
Financial fixed assets28€2,000€2,000=
Current assets29/58€276,571€348,917▲
Stocks and contracts in progress3€55,812€115,838▲
Stocks30/36€22,253€38,107▲
Contracts in progress37€33,559€77,732▲
Amounts receivable within one year40/41€133,827€217,382▲
Trade receivables40€118,082€217,344▲
Other amounts receivable41€15,745€38▼
Cash at bank and in hand54/58€78,033€6,216▼
Deferred charges and accrued income490/1€8,900€9,481▲
Equity and liabilities
Total equity and liabilities10/49€367,370€413,849▲
Equity10/15€78,315€135,196▲
Contributions10/11€18,600€18,600=
Reserves13€999€999=
Non-distributable reserves130/1€999-
Reserves not available under the articles1311€999-
Distributable reserves133-€999
Profit (loss) carried forward14€58,716€115,597▲
Amounts payable17/49€289,054€278,653▼
Amounts payable after more than one year17€107,835€48,494▼
Financial debts170/4€52,585€35,211▼
Other amounts payable178/9€55,250€13,283▼
Amounts payable within one year42/48€178,261€223,466▲
Current portion of amounts payable after more than one year42€29,114€27,344▼
Financial debts43-€44,000
Credit institutions430/8-€44,000
Trade debts44€87,211€91,970▲
Suppliers440/4€87,211€91,970▲
Taxes, remuneration and social security45€21,936€20,152▼
Taxes450/3€0€3,431▲
Remuneration and social security454/9€21,936€16,721▼
Other amounts payable47/48€40,000€40,000=
Accrued charges and deferred income492/3€2,958€6,693▲
Income statement Code20242025
Remuneration, social security and pensions62€318,207€254,425▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,251€27,485▼
Other operating charges640/8€3,583€4,111▲
Gross operating margin9900€424,672€420,229▼
Operating profit (loss)9901€74,631€134,208▲
Financial income75/76B€240€92▼
Recurring financial income75€240€92▼
Financial charges65/66B€5,945€8,990▲
Recurring financial charges65€5,945€8,990▲
Profit (loss) for the period before taxes9903€68,926€125,310▲
Income taxes67/77€14,321€28,429▲
Profit (loss) for the period9904€54,605€96,881▲
Profit (loss) for the period to be appropriated9905€54,605€96,881▲
Appropriation of the result
Profit (loss) to be appropriated9906€98,716€155,597▲
Profit (loss) brought forward from the previous period14P€44,111€58,716▲
Profit to be distributed694/7€40,000€40,000=
Return on contributions (dividend)694€40,000€40,000=
Social balance sheet
Average headcount (FTE)90875.14.0▼

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62---€253,866€243,848€318,207€254,425▼ 20.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,696€29,083€25,843€21,770€19,027€28,251€27,485▼ 2.7%
Other operating charges640/8---€2,911€3,384€3,583€4,111▲ 14.8%
Gross operating margin9900€212,853€282,799€281,060€303,127€365,057€424,672€420,229▼ 1.0%
Operating profit (loss)9901€21,280€747€14,185€24,580€98,797€74,631€134,208▲ 79.8%
Financial income75/76B---€50€122€240€92▼ 61.6%
Recurring financial income75€0€184€17€50€122€240€92▼ 61.6%
Financial charges65/66B---€2,654€2,627€5,945€8,990▲ 51.2%
Recurring financial charges65€3,880€2,194€2,978€2,654€2,627€5,945€8,990▲ 51.2%
Profit (loss) for the period before taxes9903€17,400-€1,264€11,224€21,977€96,292€68,926€125,310▲ 81.8%
Income taxes67/77€4,431€668€1,336€5,703€20,388€14,321€28,429▲ 98.5%
Profit (loss) for the period9904€12,969-€1,932€9,888€16,273€75,904€54,605€96,881▲ 77.4%
Profit (loss) for the period to be appropriated9905€12,969-€1,932€9,888€16,273€75,904€54,605€96,881▲ 77.4%
Line2019202020212022202320242025Change
Assets
Total assets20/58€323,296€316,839€301,816€331,826€341,095€367,370€413,849▲ 12.7%
Fixed assets21/28€84,795€65,461€67,571€45,801€82,480€90,798€64,932▼ 28.5%
Intangible fixed assets21€39,239€32,149€25,059€17,968€10,878€3,788€0▼ 100%
Tangible fixed assets22/27€43,556€31,312€40,513€25,833€69,602€85,010€62,932▼ 26.0%
Plant, machinery and equipment23---€1,627€132€0€1,165-
Furniture and vehicles24---€16,067€66,637€85,010€61,767▼ 27.3%
Other tangible fixed assets26---€8,139€2,834€0--
Financial fixed assets28€2,000€2,000€2,000€2,000€2,000€2,000€2,000=
Current assets29/58€238,501€251,378€234,245€286,025€258,614€276,571€348,917▲ 26.2%
Stocks and contracts in progress3€40,730€42,815€26,402€103,432€92,596€55,812€115,838▲ 108%
Stocks30/36---€62,473€45,867€22,253€38,107▲ 71.2%
Contracts in progress37---€40,959€46,729€33,559€77,732▲ 132%
Amounts receivable within one year40/41€139,995€107,907€107,359€170,870€152,555€133,827€217,382▲ 62.4%
Trade receivables40---€158,252€133,605€118,082€217,344▲ 84.1%
Other amounts receivable41---€12,618€18,949€15,745€38▼ 99.8%
Cash at bank and in hand54/58€22,297€10,204€8,016€5,885€6,517€78,033€6,216▼ 92.0%
Deferred charges and accrued income490/1---€5,838€6,946€8,900€9,481▲ 6.5%
Equity and liabilities
Total equity and liabilities10/49€323,296€316,839€301,816€331,826€341,095€367,370€413,849▲ 12.7%
Equity10/15€38,577€36,646€46,533€62,807€63,710€78,315€135,196▲ 72.6%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600=
Reserves13€999€999€999€999€999€999€999=
Non-distributable reserves130/1---€999€999€999--
Reserves not available under the articles1311---€999€999€999--
Distributable reserves133------€999-
Profit (loss) carried forward14€18,979€17,047€26,935€43,208€44,111€58,716€115,597▲ 96.9%
Amounts payable17/49€284,718€280,193€255,283€269,019€277,385€289,054€278,653▼ 3.6%
Amounts payable after more than one year17€12,371€7,081€20,982€10,689€43,808€107,835€48,494▼ 55.0%
Financial debts170/4---€10,689€43,808€52,585€35,211▼ 33.0%
Other amounts payable178/9-----€55,250€13,283▼ 76.0%
Amounts payable within one year42/48€271,308€273,112€234,301€256,732€232,304€178,261€223,466▲ 25.4%
Current portion of amounts payable after more than one year42---€10,293€17,295€29,114€27,344▼ 6.1%
Financial debts43---€6,000€0-€44,000-
Credit institutions430/8---€6,000€0-€44,000-
Trade debts44€174,982€216,713€180,761€203,050€97,508€87,211€91,970▲ 5.5%
Suppliers440/4---€203,050€97,508€87,211€91,970▲ 5.5%
Taxes, remuneration and social security45---€37,390€52,502€21,936€20,152▼ 8.1%
Taxes450/3---€5,703€10,759€0€3,431-
Remuneration and social security454/9---€31,686€41,743€21,936€16,721▼ 23.8%
Other amounts payable47/48----€65,000€40,000€40,000=
Accrued charges and deferred income492/3---€1,598€1,273€2,958€6,693▲ 126%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€12,969-€1,932€9,888€16,273€75,904€54,605€96,881▲ 77.4%
+ Depreciation and write-downs630€32,696€29,083€25,843€21,770€19,027€28,251€27,485▼ 2.7%
Operating cash flow (approximation)€45,666€27,151€35,731€38,044€94,931€82,856€124,365▲ 50.1%
Investment in fixed assets (approximation)--€9,749-€27,954€0-€55,707-€36,569-€1,618▲ 95.6%
Change in cash--€12,093-€2,188-€2,131€632€71,516-€71,817-

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

Download as CSV

Filings with the National Bank (10)
Financial year Type Filed Reference
30-06-2025 abbreviated format 29-01-2026 2026-00023505
30-06-2024 abbreviated format 30-01-2025 2025-00016035
30-06-2023 abbreviated format 06-02-2024 2024-00026216
30-06-2022 abbreviated format 31-01-2023 2023-00023684
30-06-2021 abbreviated format 21-01-2022 2022-01300577
30-06-2020 abbreviated format 28-01-2021 2021-03300305
30-06-2019 micro format 22-01-2020 2020-01800450
30-06-2018 micro format 29-01-2019 2019-03300144
30-06-2017 micro format 29-12-2017 2017-73500351
30-06-2016 abbreviated format 22-12-2016 2016-71600554

Similar companies · same sector, comparable size

Of the 6,974 active companies whose main activity is plumbing work (NACE 43221), figures are known for 3,525. 3,064 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 3 entries · €1,044 awarded · €1,044 paid
Year Entries AwardedPaid
2025 1 €159€159
2024 1 €734€734
2022 1 €151€151
Schemes
3 entries · €1,044 · €1,044 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.