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Ekenbeke

Active
Private limited company (pre-2019)founded 1989active for 37 yearsOostendesteenweg(FEER) 257, 8480 Ichtegem, BelgiumKBO/BCE: BE 0437.368.149
Summary

Ekenbeke has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€313,846) and a net result of -€1,826. Equity is shrinking by about 7% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

Equity
-€313,846▼ 0.6%
2024 · -€312,019
Total assets
€190,337▼ 4.0%
2024 · €198,264
Net result
-€1,826▲ 93.6%
2024 · -€28,379
Working capital
-€501,909▲ 1.6%
2024 · -€510,025
Trend over the years

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

The operating result stays negative: a loss of €1,673 in 2025 against €25,870 in 2024; the loss shrinks.

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

Operating result-€1,673 2025 Net result-€1,826 2025

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

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€18,833--€16,593▲ 11.9%-€16,787▼ 1.2%-€22,816▼ 35.9%-€17,926▲ 21.4%-€25,870▼ 44.3%-€1,673▲ 93.5%
Net result-€18,972--€16,744▲ 11.7%-€16,878▼ 0.8%-€22,969▼ 36.1%-€18,067▲ 21.3%-€28,379▼ 57.1%-€1,826▲ 93.6%
Equity-€208,984--€225,727▼ 8.0%-€242,605▼ 7.5%-€265,574▼ 9.5%-€283,640▼ 6.8%-€312,019▼ 10.0%-€313,846▼ 0.6%
Total assets€240,362-€229,564▼ 4.5%€219,742▼ 4.3%€218,207▼ 0.7%€208,141▼ 4.6%€198,264▼ 4.7%€190,337▼ 4.0%
Debt€449,346-€455,291▲ 1.3%€462,347▲ 1.5%€483,781▲ 4.6%€491,781▲ 1.7%€510,283▲ 3.8%€504,183▼ 1.2%
Working capital-€447,750--€454,777▼ 1.6%-€461,938▼ 1.6%-€483,465▼ 4.7%-€491,589▼ 1.7%-€510,025▼ 3.8%-€501,909▲ 1.6%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €190,337
Fixed assets €188,064 ▼ 5.0%
Current assets €2,273 ▲ 783%
Equity and liabilities
Equity-€313,846
Debt€504,183
Equity is negative: debt (€504,183) exceeds the balance-sheet total (€190,337).
Key figures and ratios
2025 value · change against 2024
EBITDA
€8,269▲
2024 · -€15,928
Cash flow
€8,116▲
2024 · -€18,436
Solvency
-164.9%▼
2024 · -157.4%
Current ratio
0.00▲
2024 · 0.00
ROA
-1.0%▲
2024 · -14.3%
Interest coverage
53.90▲
2024 · -103.82
Debt ≤ 1 year
€504,183▼
2024 · €510,283
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,796 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a small loss
2.1% went bankrupt
6.0% stopped otherwise
90.3% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 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 2,796 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 · 27 lines
Balance sheet Code20242025
Assets
Total assets20/58€198,264€190,337▼
Fixed assets21/28€198,006€188,064▼
Tangible fixed assets22/27€198,006€188,064▼
Land and buildings22€198,006€188,064▼
Current assets29/58€257€2,273▲
Amounts receivable within one year40/41€134€134=
Trade receivables40€134€134=
Cash at bank and in hand54/58€124€2,140▲
Equity and liabilities
Total equity and liabilities10/49€198,264€190,337▼
Equity10/15-€312,019-€313,846▼
Contributions10/11€57,016€57,016=
Profit (loss) carried forward14-€369,035-€370,861▼
Amounts payable17/49€510,283€504,183▼
Amounts payable within one year42/48€510,283€504,183▼
Other amounts payable47/48€510,283€504,183▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,942€9,942=
Other operating charges640/8€6,241€1,136▼
Gross operating margin9900-€9,687€9,405▲
Operating profit (loss)9901-€25,870-€1,673▲
Financial charges65/66B€153€153=
Recurring financial charges65€153€153=
Profit (loss) for the period before taxes9903-€26,024-€1,826▲
Income taxes67/77€2,355-
Profit (loss) for the period9904-€28,379-€1,826▲
Profit (loss) for the period to be appropriated9905-€28,379-€1,826▲
Appropriation of the result
Profit (loss) to be appropriated9906-€369,035-€370,861▼
Profit (loss) brought forward from the previous period14P-€340,656-€369,035▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,717€9,717€9,717€9,942€9,942€9,942€9,942=
Other operating charges640/8--€969€3,705€1,248€6,241€1,136▼ 81.8%
Gross operating margin9900-€5,155-€4,828-€6,101-€9,168-€6,735-€9,687€9,405-
Operating profit (loss)9901-€18,833-€16,593-€16,787-€22,816-€17,926-€25,870-€1,673▲ 93.5%
Recurring financial income75-€0------
Financial charges65/66B--€91€153€141€153€153=
Recurring financial charges65€140€151€91€153€141€153€153=
Profit (loss) for the period before taxes9903-€18,972-€16,744-€16,878-€22,969-€18,067-€26,024-€1,826▲ 93.0%
Income taxes67/77-----€2,355--
Profit (loss) for the period9904-€18,972-€16,744-€16,878-€22,969-€18,067-€28,379-€1,826▲ 93.6%
Profit (loss) for the period to be appropriated9905-€18,972-€16,744-€16,878-€22,969-€18,067-€28,379-€1,826▲ 93.6%
Line2019202020212022202320242025Change
Assets
Total assets20/58€240,362€229,564€219,742€218,207€208,141€198,264€190,337▼ 4.0%
Fixed assets21/28€238,767€229,050€219,333€217,891€207,949€198,006€188,064▼ 5.0%
Tangible fixed assets22/27€238,767€229,050€219,333€217,891€207,949€198,006€188,064▼ 5.0%
Land and buildings22--€219,333€217,891€207,949€198,006€188,064▼ 5.0%
Current assets29/58€1,596€514€409€317€192€257€2,273▲ 783%
Amounts receivable within one year40/41€134€134€134€134€134€134€134=
Trade receivables40--€134€134€134€134€134=
Cash at bank and in hand54/58€1,462€380€275€183€59€124€2,140▲ 1,631%
Equity and liabilities
Total equity and liabilities10/49€240,362€229,564€219,742€218,207€208,141€198,264€190,337▼ 4.0%
Equity10/15-€208,984-€225,727-€242,605-€265,574-€283,640-€312,019-€313,846▼ 0.6%
Contributions10/11€57,016€57,016€57,016€57,016€57,016€57,016€57,016=
Profit (loss) carried forward14-€265,999-€282,743-€299,620-€322,589-€340,656-€369,035-€370,861▼ 0.5%
Amounts payable17/49€449,346€455,291€462,347€483,781€491,781€510,283€504,183▼ 1.2%
Amounts payable within one year42/48€449,346€455,291€462,347€483,781€491,781€510,283€504,183▼ 1.2%
Trade debts44€2,250€287€2,566-----
Suppliers440/4--€2,566-----
Other amounts payable47/48--€459,781€483,781€491,781€510,283€504,183▼ 1.2%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€18,972-€16,744-€16,878-€22,969-€18,067-€28,379-€1,826▲ 93.6%
+ Depreciation and write-downs630€9,717€9,717€9,717€9,942€9,942€9,942€9,942=
Operating cash flow (approximation)-€9,256-€7,027-€7,161-€13,027-€8,124-€18,436€8,116-
Investment in fixed assets (approximation)-€0€0-€8,500€0€0€0-
Change in cash--€1,082-€105-€92-€124€65€2,016▲ 2,997%

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

Latest 10 of 36 filings with the National Bank
Financial year Type Filed Reference
31-07-2025 micro format 29-01-2026 2026-00017613
31-07-2024 micro format 29-01-2025 2025-00013206
31-07-2023 micro format 27-02-2024 2024-00034859
31-07-2022 micro format 23-02-2023 2023-00030419
31-07-2021 micro format 08-09-2022 2022-20422420
31-07-2020 micro format 06-04-2021 2021-10100293
31-07-2019 micro format 06-04-2021 2021-10100291
31-07-2018 micro format 06-04-2021 2021-10100290
31-07-2017 abbreviated format 20-06-2018 2018-20600417
31-07-2016 abbreviated format 21-06-2018 2018-20800490

Show all 36 filings

Subsidies and aid

Flemish government

2022 to 2025 · 4 entries · €1,170 awarded · €1,755 paid
Year Entries AwardedPaid
2025 1 €0€585
2024 1 €585€0
2023 1 €0€585
2022 1 €585€585
Schemes
4 entries · €1,170 · €1,755 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.