Elecoo
ActiveElecoo has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €297k and a net result of €-7k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 518 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
81
/ 100
Excellent▲ +26 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth78=
Stability94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 42.94 against 10.62 in 2024), and 1.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Sector 72
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
38 d early
2023
61 d late
2022
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€297k▲ 9.5%
2024 · €271k
2022: €240k
2023: €269k
2024: €271k
2022 → 2025
Total assets
€301k▲ 4.8%
2024 · €287k
2022: €251k
2023: €300k
2024: €287k
2022 → 2025
Net result
€-7k▲ 53.4%
2024 · €-15k
2022: €-19k
2023: €-5k
2024: €-15k
2022 → 2025
Working capital
€194k▲ 21.1%
2024 · €160k
2022: €235k
2023: €167k
2024: €160k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€240k-€269k▲ 12.3%€271k▲ 0.5%€297k▲ 9.5%
Operating result€-19k-€-4k▲ 76.8%€-15k▼ 235%€-7k▲ 53.3%
Net result€-19k-€-5k▲ 76.1%€-15k▼ 223%€-7k▲ 53.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €15k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €301k
Fixed assets
€102k▼ 6.9%
Current assets
€199k▲ 12.3%
Equity and liabilities €301k
Equity
€297k▲ 9.5%
Debt
€5k▼ 72.2%
The debt ratio falls from 5.8% to 1.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€1k▲
2024 · €-7k
Cash flow
€1k▲
2024 · €-7k
Solvency
98.5%▲
2024 · 94.2%
Current ratio
42.94▲
2024 · 10.62
Quick ratio
37.82▲
2024 · 9.00
Debt / equity
0.02▼
2024 · 0.06
ROE
-2.3%▲
2024 · -5.5%
ROA
-2.3%▲
2024 · -5.1%
Interest coverage
8.07▲
2024 · -34.44
Debt
€5k▼
2024 · €17k
Debt ≤ 1 year
€5k▼
2024 · €17k
Income taxes
€0=
2024 · €0
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 2024
Balance sheet
Code20242025
Assets
Total assets20/58€287k€301k▲
Formation expenses20€798€399▼
Fixed assets21/28€110k€102k▼
Intangible fixed assets21€101€0▼
Tangible fixed assets22/27€110k€102k▼
Plant, machinery and equipment23€110k€102k▼
Current assets29/58€177k€199k▲
Amounts receivable after more than one year29€32k€32k=
Other amounts receivable291€32k€32k=
Stocks and contracts in progress3€27k€24k▼
Stocks30/36€27k€24k▼
Amounts receivable within one year40/41€28k€30k▲
Trade receivables40€15k€16k▲
Other amounts receivable41€13k€14k▲
Cash at bank and in hand54/58€90k€113k▲
Deferred charges and accrued income490/1€345€694▲
Equity and liabilities
Total equity and liabilities10/49€287k€301k▲
Equity10/15€271k€297k▲
Contributions10/11€309k€342k▲
Profit (loss) carried forward14€-38k€-45k▼
Amounts payable17/49€17k€5k▼
Amounts payable within one year42/48€17k€5k▼
Trade debts44€16k€3k▼
Suppliers440/4€16k€3k▼
Taxes, remuneration and social security45€336€1k▲
Taxes450/3€336€1k▲
Other amounts payable47/48-€318
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▲
Other operating charges640/8€424€654▲
Gross operating margin9900€-7k€2k▲
Operating profit (loss)9901€-15k€-7k▲
Financial income75/76B€296€174▼
Recurring financial income75€296€174▼
Financial charges65/66B€205€127▼
Recurring financial charges65€205€127▼
Profit (loss) for the period before taxes9903€-15k€-7k▲
Income taxes67/77€0€0=
Profit (loss) for the period9904€-15k€-7k▲
Profit (loss) for the period to be appropriated9905€-15k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-38k€-45k▼
Profit (loss) brought forward from the previous period14P€-24k€-38k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 42.94
Current ratio from 10.62 to 42.94; short-term debt falls from €17k to €5k.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Oostende · 1 establishment unit since 2021
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.
Mijterlaan 148400 OostendeGround area
546 m²
Building footprint
179 m²
Volume, LiDAR
895 m³
Parcel 35391A0017/00P000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mijterlaan 14, 8400 Oostende
since 20212.325.888.269
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35391A0017/00P000 | Flanders | 546 m² | 1 · 179 m² | 8.2 m · 2 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 2023 · 2 entries · 1,116 EUR awarded · 1,116 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 252 EUR | 252 EUR |
| 2022 | 1 | 864 EUR | 864 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 756 companies in sector 72101 we hold annual accounts for 478. 330 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCooperative company
Founded09-12-2021
Fiscal year end31-12
Activities, NACEBEL
72101Research and development on biotechnology
94994Activities of membership organisations
94999Other membership organisations
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.