EKO
InactiveEKO was declared bankrupt on 25-01-2022 (Ondernemingsrechtbank Antwerpen, afdeling Tongeren); the bankruptcy was closed by liquidation by judgment of 27-06-2023, published in the Belgian State Gazette on 04-07-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline21-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 09-11-2021, 101 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
101 d late
2019
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€1.26M
EBIT margin
2.7%
Net result
€27k
2019 · €-79k
2018: €72k
2019: €-79k
2018 → 2020
Working capital
€43k▲ 275%
2019 · €11k
2018: €-34k
2019: €11k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€1.26M
Equity€152k-€69k▼ 54.6%€96k▲ 39.1%
Operating result€92k-€-32k€34k
Net result€72k-€-79k€27k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €34k after a loss of €32k in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €325k
Fixed assets
€226k▼ 14.3%
Current assets
€99k▼ 50.8%
Equity and liabilities €325k
Equity
€96k▲ 39.1%
Debt
€229k▼ 42.2%
The debt ratio falls from 85.1% to 70.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€72k▲
2019 · €7k
Cash flow
€65k▲
2019 · €-40k
Solvency
29.6%▲
2019 · 14.9%
Current ratio
1.76▲
2019 · 1.06
Quick ratio
1.03▲
2019 · 0.72
Debt / equity
1.79▼
2019 · 2.97
ROE
28.1%▲
2019 · -114.1%
ROA
8.3%▲
2019 · -17.0%
Debt
€229k▼
2019 · €396k
Debt ≤ 1 year
€57k▼
2019 · €190k
Debt > 1 year
€172k▼
2019 · €206k
Income taxes
€3k▼
2019 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€465k€325k▼
Fixed assets21/28€263k€226k▼
Intangible fixed assets21€4k€2k▼
Tangible fixed assets22/27€253k€218k▼
Financial fixed assets28€6k€6k▲
Current assets29/58€202k€99k▼
Stocks and contracts in progress3€64k€41k▼
Amounts receivable within one year40/41€65k€26k▼
Cash at bank and in hand54/58€15k€17k▲
Equity and liabilities
Total equity and liabilities10/49€465k€325k▼
Equity10/15€69k€96k▲
Contributions10/11€19k-
Reserves13€17k€17k=
Profit (loss) carried forward14€34k€61k▲
Amounts payable17/49€396k€229k▼
Amounts payable after more than one year17€206k€172k▼
Amounts payable within one year42/48€190k€57k▼
Trade debts44€147k€11k▼
Income statement
Code20192020
Turnover70-€1.26M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€38k▼
Gross operating margin9900€182k€153k▼
Operating profit (loss)9901€-32k€34k▲
Recurring financial income75€1k€925▼
Recurring financial charges65€25k€5k▼
Profit (loss) for the period before taxes9903€-55k€30k▲
Income taxes67/77€24k€3k▼
Profit (loss) for the period9904€-79k€27k▲
Profit (loss) for the period to be appropriated9905€-79k€27k▲
Timeline · acts, filings and financial milestones
2023
04-07
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · EKO BV HOEVEN- ZAVELLAAN 77, 3600 GENK · event 27-06-2023
2022
31-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · EKO BV HOEVENZAVEL- LAAN 77, 3600 GENK · event 25-01-2022
2021
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 101 days late
2020
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-79k ▼210%
Net result drops to €-79k, the lowest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
24-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 237 days late
2014
21-11
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 113 days late
2013
03-04
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
07-05
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ELKE NATENS WIJNGAARDSTRAAT 6,
3700 TONGEREN |
25-01-2022 → present |
| Curator | JEF SCHEEPERS WIJNGAARD-
STRAAT 6, 3700 TONGEREN |
25-01-2022 → present |