EKOTEC
ActiveSummary
The computed 12-month bankruptcy probability of EKOTEC is 2.7% (moderate). The 2024 annual accounts show equity of €78k and a net result of €-4k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 36375 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability19▼-51
Solvency95▲+22
Growth52=
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.89 against 1.81 in 2023; short-term debt: 29.7% and cash: 40.2% of total assets), and 29.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
70.3%
Return on assets
-4.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€78k▼ 5.5%
2023 · €82k
2020: €25klowest in 5 years
2021: €56k▲ +122% vs 2020
2022: €81k▲ +44.9% vs 2021
2023: €82k▲ +1.6% vs 2022highest in 5 years
2024: €78k▼ -5.5% vs 2023
2020 → 2024
Total assets
€111k▼ 34.9%
2023 · €170k
2020: €82klowest in 5 years
2021: €125k▲ +53.0% vs 2020
2022: €223k▲ +79.0% vs 2021highest in 5 years
2023: €170k▼ -23.8% vs 2022
2024: €111k▼ -34.9% vs 2023
2020 → 2024
Net result
€-4k
2023 · €1k
2020: €13k
2021: €31k▲ +139% vs 2020highest in 5 years
2022: €25k▼ -18.1% vs 2021
2023: €1k▼ -95.0% vs 2022
2024: €-4k▼ -455% vs 2023lowest in 5 years
2020 → 2024
Working capital
€62k▼ 12.5%
2023 · €71k
2020: €12klowest in 5 years
2021: €35k▲ +180% vs 2020
2022: €67k▲ +93.7% vs 2021
2023: €71k▲ +6.1% vs 2022highest in 5 years
2024: €62k▼ -12.5% vs 2023
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€25k-€56k▲ 122%€81k▲ 44.9%€82k▲ 1.6%€78k▼ 5.5%
2020: €25klowest in 5 years
2021: €56k▲ +122% vs 2020
2022: €81k▲ +44.9% vs 2021
2023: €82k▲ +1.6% vs 2022highest in 5 years
2024: €78k▼ -5.5% vs 2023
Operating result€18k-€40k▲ 125%€34k▼ 16.5%€4k▼ 87.6%€-2k
2020: €18k
2021: €40k▲ +125% vs 2020highest in 5 years
2022: €34k▼ -16.5% vs 2021
2023: €4k▼ -87.6% vs 2022
2024: €-2k▼ -140% vs 2023lowest in 5 years
Net result€13k-€31k▲ 139%€25k▼ 18.1%€1k▼ 95.0%€-4k
2020: €13k
2021: €31k▲ +139% vs 2020highest in 5 years
2022: €25k▼ -18.1% vs 2021
2023: €1k▼ -95.0% vs 2022
2024: €-4k▼ -455% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2k after €4k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €111k
Fixed assets
€16k ▲ 38.5%
Current assets
€95k ▼ 40.2%
Equity and liabilities €111k
Equity
€78k ▼ 5.5%
Debt
€33k ▼ 62.6%
Debt's share of the balance-sheet total falls from 51.6% to 29.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2k▼
2023 · €13k
Cash flow
€-1k▼
2023 · €10k
Current ratio
2.89▲
2023 · 1.81
Debt to equity
0.42▼
2023 · 1.07
ROE
-5.8%▼
2023 · 1.5%
ROA
-4.1%▼
2023 · 0.7%
Interest coverage
0.66▼
2023 · 16.57
Debt ≤ 1 year
€33k▼
2023 · €88k
Income taxes
€249▼
2023 · €2k
Staff costs
€97k▲
2023 · €62k
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 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€170k€111k▼
Formation expenses20€15€0▼
Fixed assets21/28€11k€16k▲
Intangible fixed assets21€206€0▼
Tangible fixed assets22/27€5k€2k▼
Plant, machinery and equipment23€519€238▼
Furniture and vehicles24€5k€2k▼
Financial fixed assets28€6k€14k▲
Current assets29/58€159k€95k▼
Amounts receivable within one year40/41€108k€42k▼
Trade receivables40€102k€34k▼
Other amounts receivable41€5k€8k▲
Cash at bank and in hand54/58€43k€45k▲
Deferred charges and accrued income490/1€8k€8k▲
Equity and liabilities
Total equity and liabilities10/49€170k€111k▼
Equity10/15€82k€78k▼
Contributions10/11€12k€12k=
Reserves13€70k€65k▼
Distributable reserves133€70k€65k▼
Amounts payable17/49€88k€33k▼
Amounts payable within one year42/48€88k€33k▼
Trade debts44€77k€26k▼
Suppliers440/4€77k€26k▼
Taxes, remuneration and social security45€10k€6k▼
Taxes450/3€10k€3k▼
Remuneration and social security454/9€456€3k▲
Income statement
Code20232024
Remuneration, social security and pensions62€62k€97k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€3k▼
Other operating charges640/8€5k€2k▼
Gross operating margin9900€79k€100k▲
Operating profit (loss)9901€4k€-2k▼
Financial income75/76B€23€0▼
Recurring financial income75€23€0▼
Financial charges65/66B€771€3k▲
Recurring financial charges65€771€3k▲
Profit (loss) for the period before taxes9903€3k€-4k▼
Income taxes67/77€2k€249▼
Profit (loss) for the period9904€1k€-4k▼
Profit (loss) for the period to be appropriated9905€1k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€-4k▼
Transfer from equity791/2-€4k
Transfer to equity691/2€1k€0▼
To other reserves6921€1k€0▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €112k | €99k | €62k | €97k | ▲ 56.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €6k | €7k | €9k | €3k | ▼ 60.7% |
| Other operating charges640/8 | - | €3k | €3k | €5k | €2k | ▼ 64.7% |
| Gross operating margin9900 | €155k | €162k | €143k | €79k | €100k | ▲ 26.3% |
| Operating profit (loss)9901 | €18k | €40k | €34k | €4k | €-2k | ▼ 140% |
| Financial income75/76B | - | €1 | €0 | €23 | €0 | ▼ 100% |
| Recurring financial income75 | €8 | €1 | €0 | €23 | €0 | ▼ 100% |
| Financial charges65/66B | - | €457 | €990 | €771 | €3k | ▲ 234% |
| Recurring financial charges65 | €860 | €457 | €990 | €771 | €3k | ▲ 234% |
| Profit (loss) for the period before taxes9903 | €17k | €40k | €33k | €3k | €-4k | ▼ 224% |
| Income taxes67/77 | €4k | €9k | €8k | €2k | €249 | ▼ 88.5% |
| Profit (loss) for the period9904 | €13k | €31k | €25k | €1k | €-4k | ▼ 455% |
| Profit (loss) for the period to be appropriated9905 | €13k | €31k | €25k | €1k | €-4k | ▼ 455% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €82k | €125k | €223k | €170k | €111k | ▼ 34.9% |
| Formation expenses20 | €549 | €371 | €193 | €15 | €0 | ▼ 100% |
| Fixed assets21/28 | €15k | €21k | €14k | €11k | €16k | ▲ 38.5% |
| Intangible fixed assets21 | - | €1k | €790 | €206 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €15k | €14k | €7k | €5k | €2k | ▼ 57.7% |
| Plant, machinery and equipment23 | - | €1k | €799 | €519 | €238 | ▼ 54.1% |
| Furniture and vehicles24 | - | €12k | €6k | €5k | €2k | ▼ 58.1% |
| Financial fixed assets28 | €60 | €6k | €6k | €6k | €14k | ▲ 123% |
| Current assets29/58 | €66k | €103k | €209k | €159k | €95k | ▼ 40.2% |
| Amounts receivable within one year40/41 | €60k | €62k | €141k | €108k | €42k | ▼ 60.8% |
| Trade receivables40 | - | €59k | €139k | €102k | €34k | ▼ 66.4% |
| Other amounts receivable41 | - | €3k | €2k | €5k | €8k | ▲ 48.4% |
| Cash at bank and in hand54/58 | €4k | €37k | €64k | €43k | €45k | ▲ 2.6% |
| Deferred charges and accrued income490/1 | - | €4k | €5k | €8k | €8k | ▲ 7.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €82k | €125k | €223k | €170k | €111k | ▼ 34.9% |
| Equity10/15 | €25k | €56k | €81k | €82k | €78k | ▼ 5.5% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €13k | €44k | €69k | €70k | €65k | ▼ 6.4% |
| Distributable reserves133 | - | €44k | €69k | €70k | €65k | ▼ 6.4% |
| Amounts payable17/49 | €56k | €69k | €142k | €88k | €33k | ▼ 62.6% |
| Amounts payable after more than one year17 | €1k | - | - | - | - | - |
| Amounts payable within one year42/48 | €54k | €69k | €142k | €88k | €33k | ▼ 62.6% |
| Current portion of amounts payable after more than one year42 | - | €1k | - | - | - | - |
| Trade debts44 | €36k | €46k | €120k | €77k | €26k | ▼ 65.9% |
| Suppliers440/4 | - | €46k | €120k | €77k | €26k | ▼ 65.9% |
| Taxes, remuneration and social security45 | - | €22k | €22k | €10k | €6k | ▼ 37.9% |
| Taxes450/3 | - | €13k | €17k | €10k | €3k | ▼ 68.6% |
| Remuneration and social security454/9 | - | €8k | €5k | €456 | €3k | ▲ 627% |
| Other amounts payable47/48 | - | - | €67 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €31k | €25k | €1k | €-4k | ▼ 455% |
| + Depreciation and write-downs630 | €9k | €6k | €7k | €9k | €3k | ▼ 60.7% |
| Operating cash flow (approximation) | €22k | €37k | €32k | €10k | €-1k | ▼ 111% |
| Investment in fixed assets (approximation) | - | €-12k | €-178 | €-6k | €-8k | ▼ 29.7% |
| Change in cash | - | €33k | €27k | €-20k | €1k | ▲ 106% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2020net €31k ▲139%
Operating result €40k, net result €31k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 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 2019
Ground area
9,861 m²
Building footprint
252 m²
Parcel 11463D0411/00R002, Flanders. Linked by address, not a title deed.
1 establishment unit
EKOTEC
since 20192.287.048.677
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0411/00R002 | Flanders | 9,861 m² | 2 · 252 m² | - |
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.
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Of 9,528 companies in sector 43222 we hold annual accounts for 5,663. 4,829 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
Founded11-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
Contact
E-mail
citakekrem@gmail.comAntwerpen
Phone
+32498036891Antwerpen
Scores and ratios are computed by Checked and are not a credit decision.