Equity
€159,296 ▲ 22.0%
EKO has made a profit in every financial year since 2020.
EKO
Lifetime
6 annual accounts with figures on one time axispeak €123,465 (2025)
€123,465▲ 2.9%
peak €37,845 (2023)
€28,779▼ 22.7%
peak €159,296 (2025)
€159,296▲ 22.0%
€588,134▲ 16.5%
peak 1.7 FTE (2025)
1.7 FTE▲ 54.5%
Board4 names since 2019
1 directorAysen Kocabas
Owners
100%Ekrem Özdemir
Documentsfilings and deeds
10-12-202552 days before the deadline
2025abbreviated format
Staff from 1.1 FTE to 1.7 FTEEquity from €130,517 to €159,296Debts from €505,019 to €588,134
Key points
from the 2025 annual accountsTurnover
≈ €580,000 estimated
The accounts state no turnover.
Debts
€588,134 79% of the balance sheet
Financial debts 33%Suppliers 33%Taxes and wages 10%Other 25%
Of this, €461,738 falls due within a year.
Investments
€22,651 1.5 × depreciation
Green is investment, beige is depreciation.
Staff
4 employees on 30-06-2025
In 2025, 6 people joined and 4 left.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 43 to 52 days before the end of the period.
Checked score
69
Healthy
Financially stronger than 44% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.6%▼ -0.1 percentage points vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.7%▲ +0.1 percentage points vs 07-2025
09-2025: 0.6%▼ -0.1 percentage points vs 08-2025lowest value
10-2025: 0.7%▲ +0.1 percentage points vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.9%▲ +0.2 percentage points vs 11-2025highest value
01-2026: 0.6%▼ -0.3 percentage points vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.7%▲ +0.1 percentage points vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2019
Sector: Retail trade (NACE 47)
lowers risk
Figures for financial year 2025 (filed on 10-12-2025)
Size: 1.7 FTE, total assets €747,429
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 37% of them on solvency, 24% on liquidity, 41% on profitability and 74% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,274 companies had the same profile as EKO has now. Each dot stands for 9 companies, two years later.
94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EKO itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,274 companies, not a prediction for EKO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.47 (1.79 in 2024), below the usual 1.5. Short-term debt is 61.8% and cash 7.6% of total assets. 78.7% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-12-2025, 52 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
52 days early
2024
51 days early
2023
48 days early
2022
43 days early
2021
46 days early
2020
44 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 47 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 14 December (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0728999342
Appointment: Burhan Kocabas (director)
General meeting of 01-07-2024 · Gazette deed
Resignation: Samet Kocabas (director)
Director discharge: Samet Kocabas · General meeting of 31-07-2022 · Gazette deed
Appointment: Samet Kocabas (director)
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EKO Heusden-Zolder | €747,429 | €123,465 | 21.3% | 1.7 |
| VINTAGE ADDICT Liège | €683,430 | €106,564 | 61.9% | 1 |
| C-PROJECT Zedelgem | €813,338 | €263,685 | 39.4% | 3.3 |
| VANIOS Villers-la-Ville | €861,548 | €370,589 | 77.2% | 3 |
| SMOKING FREE BELGIUM Fléron | €745,423 | €215,657 | 8.1% | 3 |
| KUNSTGRAS by Vanallemeersch Deraedt Hooglede | €260,780 | €103,435 | 30.0% | 1.4 |
| BEPOPLAST Roeselare | €617,163 | €315,290 | 82.9% | 2.9 |
These companies have the same main activity as EKO: other retail sale of new goods (NACE 47789). They are comparable in size and age: total assets between €261,000 and €862,000, founded between 2013 and 2018.
Official details
Source: KBO- Status
- Active since 28-06-2019Normal situation
- Activity
- Other retail sale of new goodsNACE 47789and 1 other
- Establishment unit
- 2.291.222.6473550 Heusden-Zolder, since 28-06-2019
- Financial year end
- 30 June
- Peppol
- Reachable since 21-03-2025
Annual accounts to 30-06-2025
- €747,429▲ 17.6%
- Employeeson 30-06-2025
- 4▲ 100%
- Filing
- Filed on 10-12-2025, 52 days before the end of the filing period
Insights on EKO
EKO files the abbreviated format. That format states no turnover. The gross margin rose from €17,469 in 2020 to €123,465 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EKO
- What is the company number of EKO?
- The company number of EKO is 0728.999.342. The VAT number is the same number with BE in front: BE 0728.999.342.
- Where is EKO based?
- The registered office is at G. Gezellelaan 147, 3550 Heusden-Zolder.Company details
- What does EKO do?
- According to the KBO register, the main activity is other retail sale of new goods (NACE 47789).
- What is the legal form of EKO?
- EKO is a private limited company (BV).
- When was EKO founded?
- EKO was founded on 28-06-2019.
- Is EKO still active?
- Yes, EKO is an active enterprise in the KBO register.
- How many employees does EKO have?
- EKO had an average of 1.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of EKO?
- The turnover in financial year 2025 is ≈ €580,000. This figure is estimated from the gross margin of €123,465 and 51 comparable companies (NACE 477). It probably lies between €390,000 and €1.1m.
- Is EKO profitable?
- In financial year 2025, EKO made a profit of €28,779.
- Where can I find the annual accounts of EKO?
- EKO filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EKO due?
- EKO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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