EKOTRAX
ActiveEKOTRAX has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-738k) and a net result of €-142k. Equity is shrinking by ~26% per year across the filed fiscal years. Its solvency ranks better than 5% of 1836 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
33
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability33▲+33
Solvency0▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.4 against 0.51 in 2023; short-term debt: 132.6% and cash: 1.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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 dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-44.5%
Return on assets
-8.6%
Age of the figures
12 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192021222325
2018 to 2025 · latest year €-738k
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-05-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2023
233 d late
2022
11 d early
2021
30 d late
2020
11 d early
2019
10 d late
2018
21 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Equity
€-738k▼ 23.8%
2023 · €-596k
2018: €323k
2019: €273k
2020: €268k
2021: €211k
2022: €221k
2023: €-596k
2018 → 2025
Total assets
€1.66M▼ 43.1%
2023 · €2.92M
2018: €2.22M
2019: €2.40M
2020: €2.48M
2021: €3.31M
2022: €3.68M
2023: €2.92M
2018 → 2025
Net result
€-142k▲ 82.6%
2023 · €-817k
2018: €-31k
2019: €-50k
2020: €-5k
2021: €-56k
2022: €9k
2023: €-817k
2018 → 2025
Working capital
€-1.32M▼ 4.2%
2023 · €-1.27M
2018: €18k
2019: €192k
2020: €173k
2021: €-270k
2022: €-422k
2023: €-1.27M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Equity€268k-€211k▼ 21.0%€221k▲ 4.4%€-596k€-738k▼ 23.8%
Operating result€76k-€69k▼ 8.6%€117k▲ 68.8%€-651k€177k
Net result€-5k-€-56k▼ 1,016%€9k€-817k€-142k▲ 82.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €177k in 2025, compared with €-651k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €1.66M
Fixed assets
€782k▼ 50.1%
Current assets
€875k▼ 35.0%
Key figures and ratios
EBITDA
€789k▲
2023 · €-170k
Cash flow
€470k▲
2023 · €-335k
Solvency
-44.5%▼
2023 · -20.4%
Current ratio
0.40▼
2023 · 0.51
Quick ratio
0.40▼
2023 · 0.50
Debt / equity
-3.25▲
2023 · -5.89
ROA
-8.6%▲
2023 · -28.0%
Interest coverage
3.02▲
2023 · -1.04
Debt
€2.40M▼
2023 · €3.51M
Debt ≤ 1 year
€2.20M▼
2023 · €2.62M
Debt > 1 year
€197k▼
2023 · €895k
Income taxes
€64k▲
2023 · €9k
Staff costs
€1.91M▲
2023 · €1.32M
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 · 2025 against 2023
Balance sheet
Code20232025
Assets
Total assets20/58€2.92M€1.66M▼
Fixed assets21/28€1.57M€782k▼
Intangible fixed assets21€101k€23k▼
Tangible fixed assets22/27€1.47M€759k▼
Plant, machinery and equipment23€110k€56k▼
Furniture and vehicles24€1.36M€701k▼
Other tangible fixed assets26€1k€647▼
Financial fixed assets28-€635
Current assets29/58€1.35M€875k▼
Stocks and contracts in progress3€40k€0▼
Stocks30/36€40k€0▼
Amounts receivable within one year40/41€1.29M€840k▼
Trade receivables40€1.13M€729k▼
Other amounts receivable41€160k€110k▼
Cash at bank and in hand54/58€11k€29k▲
Deferred charges and accrued income490/1€9k€6k▼
Equity and liabilities
Total equity and liabilities10/49€2.92M€1.66M▼
Equity10/15€-596k€-738k▼
Contributions10/11€198k€198k=
Capital10€198k€198k=
Issued capital100€210k€210k=
Uncalled capital101€12k€12k=
Reserves13€213k€213k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€212k€212k=
Profit (loss) carried forward14€-1.01M€-1.15M▼
Amounts payable17/49€3.51M€2.40M▼
Amounts payable after more than one year17€895k€197k▼
Financial debts170/4€895k€197k▼
Amounts payable within one year42/48€2.62M€2.20M▼
Current portion of amounts payable after more than one year42€953k€198k▼
Trade debts44€824k€485k▼
Suppliers440/4€824k€485k▼
Taxes, remuneration and social security45€284k€122k▼
Taxes450/3€148k€37k▼
Remuneration and social security454/9€136k€85k▼
Other amounts payable47/48€555k€1.39M▲
Income statement
Code20232025
Non-recurring operating income76A-€15k
Remuneration, social security and pensions62€1.32M€1.91M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€481k€612k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€8k
Other operating charges640/8€98k€90k▼
Non-recurring operating charges66A€263k€171k▼
Gross operating margin9900€1.51M€2.97M▲
Operating profit (loss)9901€-651k€177k▲
Financial income75/76B€6k€6k▼
Recurring financial income75€6k€6k▼
Financial charges65/66B€164k€261k▲
Recurring financial charges65€164k€261k▲
Profit (loss) for the period before taxes9903€-808k€-78k▲
Income taxes67/77€9k€64k▲
Profit (loss) for the period9904€-817k€-142k▲
Profit (loss) for the period to be appropriated9905€-817k€-142k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.01M€-1.15M▼
Profit (loss) brought forward from the previous period14P€-190k€-1.01M▼
Social balance
Average headcount (FTE)908718.09.5▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 233 days late
2023
31-12
Financial
Weakest financial yearnet €-817k ▼8787%
Net result drops to €-817k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €9k
Net result €9k after 4 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 10 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Katelijne-Waver · 1 establishment unit since 1999
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.
Hoveniersstraat 152860 Sint-Katelijne-WaverGround area
1.1 ha
Building footprint
171 m²
Volume, LiDAR
1,283 m³
Parcel 12422D0476/00K002, Flanders · tallest building 8.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hoveniersstraat 15, 2860 Sint-Katelijne-Waver
since 19992.062.261.174
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12422D0476/00K002 | Flanders | 1.1 ha | 1 · 171 m² | 8.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 7 entries · 130,629 EUR awarded · 130,629 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 243 EUR | 243 EUR |
| 2023 | 2 | 3,630 EUR | 51,630 EUR |
| 2022 | 4 | 126,756 EUR | 78,756 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies ecologisch en veilig transport (stopgezet)
Ecologiepremie+
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Katelijne-Waver2.062.261.174
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Total Transport Logistics
BE 0470.641.426
Lichtervelde · Eq €221k
3N
BE 0542.344.420
Machelen (Brab.) · Eq €221k
Transport Marc en Kasper Van De Wiele
BE 0635.893.792
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Of 12,605 companies in sector 49410 we hold annual accounts for 8,195. 6,127 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-12-1992
Fiscal year end30-09
Activities, NACEBEL
49410Freight transport by road
52250Logistics services
52290Warehousing and support activities for transportation
63405
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.