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EKG

Active
Private limited companyfounded 20251 yr activeBist 21, 2630 Aartselaar, BelgiumKBO/BCE: BE 1022.524.708
Summary

EKG has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,700 and a net result of €3,700. Its solvency ranks better than 71% of 22044 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · fiscal year 2025, micro schema

Equity
€3,700
Total assets
€6,332
Net result
€3,700
Working capital
€2,238

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €6,332
Fixed assets €1,656
Current assets €4,676
Equity and liabilities €6,332
Equity €3,700
Debt €2,631
Debt finances 41.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€3,962
Cash flow
€3,790
Current ratio
1.92
Debt to equity
0.71
ROE
100.0%
ROA
58.4%
Interest coverage
23.02
Debt ≤ 1 year
€2,437

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,471 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% 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 11,280 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 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€6,332
Fixed assets21/28€1,656
Tangible fixed assets22/27€1,656
Furniture and vehicles24€1,656
Current assets29/58€4,676
Amounts receivable within one year40/41€296
Trade receivables40€250
Other amounts receivable41€46
Cash at bank and in hand54/58€4,380
Equity and liabilities
Total equity and liabilities10/49€6,332
Equity10/15€3,700
Reserves13€3,700
Distributable reserves133€3,700
Amounts payable17/49€2,631
Amounts payable within one year42/48€2,437
Trade debts44€17
Suppliers440/4€17
Taxes, remuneration and social security45€2,420
Taxes450/3€2,420
Accrued charges and deferred income492/3€194
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89
Other operating charges640/8€503
Gross operating margin9900€4,465
Operating profit (loss)9901€3,873
Financial charges65/66B€172
Recurring financial charges65€172
Profit (loss) for the period before taxes9903€3,700
Profit (loss) for the period9904€3,700
Profit (loss) for the period to be appropriated9905€3,700
Appropriation of the result
Profit (loss) to be appropriated9906€3,700
Transfer to equity691/2€3,700
To other reserves6921€3,700

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

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89
Other operating charges640/8€503
Gross operating margin9900€4,465
Operating profit (loss)9901€3,873
Financial charges65/66B€172
Recurring financial charges65€172
Profit (loss) for the period before taxes9903€3,700
Profit (loss) for the period9904€3,700
Profit (loss) for the period to be appropriated9905€3,700
Line2025
Assets
Total assets20/58€6,332
Fixed assets21/28€1,656
Tangible fixed assets22/27€1,656
Furniture and vehicles24€1,656
Current assets29/58€4,676
Amounts receivable within one year40/41€296
Trade receivables40€250
Other amounts receivable41€46
Cash at bank and in hand54/58€4,380
Equity and liabilities
Total equity and liabilities10/49€6,332
Equity10/15€3,700
Reserves13€3,700
Distributable reserves133€3,700
Amounts payable17/49€2,631
Amounts payable within one year42/48€2,437
Trade debts44€17
Suppliers440/4€17
Taxes, remuneration and social security45€2,420
Taxes450/3€2,420
Accrued charges and deferred income492/3€194
Line2025
Profit (loss) for the period9904€3,700
+ Depreciation and write-downs630€89
Operating cash flow (approximation)€3,790

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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Similar companies · same sector, comparable size

Of 2,600 companies in this sector we hold annual accounts for 1,729. 394 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector