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EKOSOL

Active
Private limited companyfounded 200521 yrs activeAppelmansstraat 25, 2018 Antwerpen, BelgiumKBO/BCE: BE 0871.763.843
Summary

EKOSOL has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €113k and a net result of €280. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 74% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▼-13
Solvency93▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 2.54 against 2.44 in 2023; short-term debt: 31.9% and cash: 8.1% of total assets), and 31.9% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-12-2025, 131 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 filings
Deviation from the deadline
2025
not confirmed
2024
131 d late
2023
93 d late
2022
4 d early
2021
25 d late
2020
24 d late
2019
28 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€113k▲ 0.2%
2023 · €113k
2018: €85klowest in 7 years 2019: €86k▲ +1.8% vs 2018 2020: €115k▲ +33.4% vs 2019 2021: €120k▲ +4.5% vs 2020highest in 7 years 2022: €94k▼ -21.5% vs 2021 2023: €113k▲ +19.9% vs 2022 2024: €113k▲ +0.2% vs 2023
2018 → 2024
Total assets
€167k▼ 2.6%
2023 · €171k
2018: €88klowest in 7 years 2019: €135k▲ +53.9% vs 2018 2020: €201k▲ +48.7% vs 2019 2021: €205k▲ +1.8% vs 2020highest in 7 years 2022: €158k▼ -23.0% vs 2021 2023: €171k▲ +8.4% vs 2022 2024: €167k▼ -2.6% vs 2023
2018 → 2024
Net result
€280▼ 98.5%
2023 · €19k
2018: €3k 2019: €2k▼ -55.2% vs 2018 2020: €29k▲ +1767% vs 2019highest in 7 years 2021: €5k▼ -81.8% vs 2020 2022: €-26k▼ -595% vs 2021lowest in 7 years 2023: €19k▲ +173% vs 2022 2024: €280▼ -98.5% vs 2023
2018 → 2024
Working capital
€82k▼ 1.5%
2023 · €83k
2018: €81k 2019: €53k▼ -35.3% vs 2018 2020: €85k▲ +61.1% vs 2019highest in 7 years 2021: €65k▼ -22.9% vs 2020 2022: €52k▼ -20.6% vs 2021lowest in 7 years 2023: €83k▲ +60.8% vs 2022 2024: €82k▼ -1.5% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€115k-€120k▲ 4.5%€94k▼ 21.5%€113k▲ 19.9%€113k▲ 0.2% 2020: €115k 2021: €120k▲ +4.5% vs 2020highest in 5 years 2022: €94k▼ -21.5% vs 2021lowest in 5 years 2023: €113k▲ +19.9% vs 2022 2024: €113k▲ +0.2% vs 2023
Operating result€35k-€8k▼ 77.2%€-25k€22k€2k▼ 89.8% 2020: €35khighest in 5 years 2021: €8k▼ -77.2% vs 2020 2022: €-25k▼ -417% vs 2021lowest in 5 years 2023: €22k▲ +188% vs 2022 2024: €2k▼ -89.8% vs 2023
Net result€29k-€5k▼ 81.8%€-26k€19k€280▼ 98.5% 2020: €29khighest in 5 years 2021: €5k▼ -81.8% vs 2020 2022: €-26k▼ -595% vs 2021lowest in 5 years 2023: €19k▲ +173% vs 2022 2024: €280▼ -98.5% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2020: €35k€35kNet result 2020: €29k€29kOperating result 2021: €8k€8kNet result 2021: €5k€5kOperating result 2022: €-25k€-25kNet result 2022: €-26k€-26kOperating result 2023: €22k€22kNet result 2023: €19k€19kOperating result 2024: €2k€2kNet result 2024: €280€28020202021202220232024€-40k€-20k€0€20kOperating result 2022: €-25k€-25kNet result 2022: €-26k€-26kOperating result 2023: €22k€22kNet result 2023: €19k€19kOperating result 2024: €2k€2.3kNet result 2024: €280€280202220232024
The operating result falls in 2024; 2024 is 90% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €167k
Fixed assets €31k ▲ 5.0%
Current assets €135k ▼ 4.2%
Equity and liabilities €167k
Equity €113k ▲ 0.2%
Debt €53k ▼ 8.2%
Debt's share of the balance-sheet total falls from 33.9% to 31.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€15k▼
2023 · €37k
Cash flow
€13k▼
2023 · €33k
Current ratio
2.54▲
2023 · 2.44
Quick ratio
2.21▼
2023 · 2.25
Debt to equity
0.47▼
2023 · 0.51
ROE
0.2%▼
2023 · 16.6%
ROA
0.2%▼
2023 · 11.0%
Interest coverage
54.74▼
2023 · 129.78
Debt ≤ 1 year
€53k▼
2023 · €58k
Income taxes
€3k▼
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet Code20232024
Assets
Total assets20/58€171k€167k▼
Fixed assets21/28€30k€31k▲
Tangible fixed assets22/27€26k€28k▲
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€3k€9k▲
Other tangible fixed assets26€18k€14k▼
Financial fixed assets28€4k€4k=
Current assets29/58€141k€135k▼
Stocks and contracts in progress3€11k€18k▲
Stocks30/36€11k€18k▲
Amounts receivable within one year40/41€61k€47k▼
Trade receivables40€61k€47k▼
Current investments50/53€57k€57k=
Cash at bank and in hand54/58€13k€14k▲
Deferred charges and accrued income490/1€705€750▲
Equity and liabilities
Total equity and liabilities10/49€171k€167k▼
Equity10/15€113k€113k▲
Contributions10/11€12k€12k=
Reserves13€101k€101k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€99k€99k▲
Amounts payable17/49€58k€53k▼
Amounts payable within one year42/48€58k€53k▼
Trade debts44€17k€9k▼
Suppliers440/4€17k€9k▼
Taxes, remuneration and social security45€13k€9k▼
Taxes450/3€13k€9k▼
Other amounts payable47/48€28k€35k▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€40k€19k▼
Operating profit (loss)9901€22k€2k▼
Financial income75/76B-€979
Recurring financial income75-€979
Financial charges65/66B€283€276▼
Recurring financial charges65€283€276▼
Profit (loss) for the period before taxes9903€22k€3k▼
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€19k€280▼
Profit (loss) for the period to be appropriated9905€19k€280▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€280▼
Transfer to equity691/2€19k€280▼
To other reserves6921€19k€280▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Non-recurring operating income76A-€500€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€11k€14k€14k€13k▼ 11.4%
Other operating charges640/8-€3k€2k€4k€4k▼ 2.4%
Gross operating margin9900€39k€22k€-9k€40k€19k▼ 53.6%
Operating profit (loss)9901€35k€8k€-25k€22k€2k▼ 89.8%
Financial income75/76B-€1k€0-€979-
Recurring financial income75€2k€1k€0-€979-
Financial charges65/66B-€192€306€283€276▼ 2.5%
Recurring financial charges65€273€192€306€283€276▼ 2.5%
Profit (loss) for the period before taxes9903€37k€9k€-26k€22k€3k▼ 86.4%
Income taxes67/77€8k€4k€364€3k€3k▼ 14.4%
Profit (loss) for the period9904€29k€5k€-26k€19k€280▼ 98.5%
Profit (loss) for the period to be appropriated9905€29k€5k€-26k€19k€280▼ 98.5%
Line20202021202220232024Change
Assets
Total assets20/58€201k€205k€158k€171k€167k▼ 2.6%
Fixed assets21/28€30k€55k€43k€30k€31k▲ 5.0%
Tangible fixed assets22/27€27k€51k€39k€26k€28k▲ 5.7%
Plant, machinery and equipment23-€8k€6k€6k€4k▼ 22.6%
Furniture and vehicles24-€20k€11k€3k€9k▲ 245%
Other tangible fixed assets26-€23k€21k€18k€14k▼ 20.6%
Financial fixed assets28€4k€4k€4k€4k€4k=
Current assets29/58€171k€150k€115k€141k€135k▼ 4.2%
Stocks and contracts in progress3€58k€38k€31k€11k€18k▲ 63.8%
Stocks30/36-€38k€31k€11k€18k▲ 63.8%
Amounts receivable within one year40/41€48k€67k€48k€61k€47k▼ 22.9%
Trade receivables40-€67k€48k€61k€47k▼ 22.9%
Other amounts receivable41--€738---
Current investments50/53---€57k€57k=
Cash at bank and in hand54/58€64k€44k€35k€13k€14k▲ 7.6%
Deferred charges and accrued income490/1-€511€654€705€750▲ 6.3%
Equity and liabilities
Total equity and liabilities10/49€201k€205k€158k€171k€167k▼ 2.6%
Equity10/15€115k€120k€94k€113k€113k▲ 0.2%
Contributions10/11-€12k€12k€12k€12k=
Reserves13€103k€108k€82k€101k€101k▲ 0.3%
Non-distributable reserves130/1-€2k€2k€2k€2k=
Reserves not available under the articles1311-€2k€2k€2k€2k=
Distributable reserves133-€106k€80k€99k€99k▲ 0.3%
Amounts payable17/49€86k€85k€63k€58k€53k▼ 8.2%
Amounts payable within one year42/48€86k€85k€63k€58k€53k▼ 8.2%
Trade debts44€66k€19k€13k€17k€9k▼ 47.6%
Suppliers440/4-€19k€13k€17k€9k▼ 47.6%
Advances received on contracts in progress46-€0----
Taxes, remuneration and social security45-€20k€6k€13k€9k▼ 26.8%
Taxes450/3-€20k€6k€13k€9k▼ 26.8%
Other amounts payable47/48-€45k€45k€28k€35k▲ 24.8%
Line20202021202220232024Change
Profit (loss) for the period9904€29k€5k€-26k€19k€280▼ 98.5%
+ Depreciation and write-downs630€3k€11k€14k€14k€13k▼ 11.4%
Operating cash flow (approximation)€32k€16k€-12k€33k€13k▼ 60.6%
Investment in fixed assets (approximation)-€-35k€-2k€-2k€-14k▼ 714%
Change in cash-€-20k€-9k€-22k€951▲ 104%

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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Timeline · acts, filings and financial milestones

2025
09-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 131 days late
2024
01-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 93 days late
2023
31-12
Financial Back to profitnet €19k
Net result €19k after one loss-making year.
31-12
Financial Equity above €100kEq €113k ▲19.9%
Equity rises from €94k to €113k.
27-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
25-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
24-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial Highest result since 2018net €29k ▲1,767%
Operating result €35k, net result €29k, both a record.
31-12
Financial Equity above €100kEq €115k ▲33.4%
3 profitable years in a row build equity to €115k.
28-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
03-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 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
Registered office, Antwerpen · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
4,638 m²
Building footprint
4,457 m²
Volume, LiDAR
99,254 m³
Parcel 11808H1172/00K003, Flanders · tallest building 27.6 m, ±8 floors. Linked by address, not a title deed.
83 companies at this address See who is registered here
1 establishment unit
EKOSOL
Appelmansstraat 25, 2018 AntwerpenNACE 2722003
since 20052.145.539.733
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11808H1172/00K003 Flanders 4,638 m² 1 · 4,457 m² 27.6 m · 8 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,761 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded08-02-2005
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
46474Wholesale trade
47552Retail sale of lighting equipment

Scores and ratios are computed by Checked and are not a credit decision.