EnDeCo+
ActiveEnDeCo+ has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24k and a net result of €8k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 47% of 8601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▼-11
Solvency74▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.41 in 2024; short-term debt: 50.9% and cash: 48.9% of total assets), but 50.9% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.1%
Return on assets
16.4%
Age of the figures
9 mo
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 · 10 filingsDeviation from the deadline
2025
on the day
2024
44 d early
2023
20 d early
2022
4 d early
2021
26 d early
2020
9 d early
2019
45 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€24k▲ 18.0%
2024 · €20k
2018: €20k
2019: €11k
2020: €14k
2021: €4k
2022: €12k
2023: €14k
2024: €20k
2018 → 2025
Total assets
€48k▲ 14.0%
2024 · €42k
2018: €33k
2019: €18k
2020: €38k
2021: €43k
2022: €41k
2023: €38k
2024: €42k
2018 → 2025
Net result
€8k▼ 47.5%
2024 · €15k
2018: €12k
2019: €-2k
2020: €9k
2021: €8k
2022: €13k
2023: €8k
2024: €15k
2018 → 2025
Working capital
€14k▲ 53.1%
2024 · €9k
2018: €10k
2019: €6k
2020: €8k
2021: €-3k
2022: €1k
2023: €2k
2024: €9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€12k▲ 170%€14k▲ 17.0%€20k▲ 47.4%€24k▲ 18.0%
Operating result€13k-€18k▲ 42.3%€11k▼ 39.3%€20k▲ 86.3%€11k▼ 46.2%
Net result€8k-€13k▲ 67.7%€8k▼ 42.0%€15k▲ 94.8%€8k▼ 47.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48k
Fixed assets
€10k▼ 13.5%
Current assets
€39k▲ 24.2%
Equity and liabilities €48k
Equity
€24k▲ 18.0%
Debt
€25k▲ 10.4%
The debt ratio falls from 52.6% to 50.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▼
2024 · €22k
Cash flow
€9k▼
2024 · €16k
Solvency
49.1%▲
2024 · 47.4%
Current ratio
1.56▲
2024 · 1.41
Quick ratio
1.56▲
2024 · 1.41
Debt / equity
1.04▼
2024 · 1.11
ROE
33.3%▼
2024 · 74.9%
ROA
16.4%▼
2024 · 35.5%
Interest coverage
86.23▼
2024 · 126.45
Debt
€25k▲
2024 · €22k
Debt ≤ 1 year
€25k▲
2024 · €22k
Income taxes
€3k▼
2024 · €5k
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€42k€48k▲
Fixed assets21/28€11k€10k▼
Tangible fixed assets22/27€11k€10k▼
Plant, machinery and equipment23€10k€9k▼
Other tangible fixed assets26€1k€531▼
Financial fixed assets28€233€233=
Current assets29/58€31k€39k▲
Amounts receivable within one year40/41€12k€11k▼
Trade receivables40€12k€10k▼
Other amounts receivable41€391€2k▲
Cash at bank and in hand54/58€16k€24k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€42k€48k▲
Equity10/15€20k€24k▲
Contributions10/11€2k€2k=
Reserves13€18k€21k▲
Distributable reserves133€18k€21k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€22k€25k▲
Amounts payable within one year42/48€22k€25k▲
Current portion of amounts payable after more than one year42€0€4k▲
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€10k€11k▲
Other amounts payable47/48€9k€4k▼
Accrued charges and deferred income492/3€365€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€1k€4k▲
Gross operating margin9900€23k€16k▼
Operating profit (loss)9901€20k€11k▼
Financial income75/76B€0€68▲
Recurring financial income75€0€68▲
Financial charges65/66B€172€146▼
Recurring financial charges65€172€146▼
Profit (loss) for the period before taxes9903€20k€11k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€15k€8k▼
Profit (loss) for the period to be appropriated9905€15k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€8k▼
Transfer to equity691/2€6k€4k▼
To other reserves6921€6k€4k▼
Profit to be distributed694/7€9k€4k▼
Return on contributions (dividend)694€9k€4k▼
The notes to these accounts (11 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 · abbreviated schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €15k ▲94.8%
Operating result €20k, net result €15k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-2k ▼116%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Scherpenheuvel-Zichem · 1 establishment unit since 2006
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.
Mosvenne 1C3272 Scherpenheuvel-ZichemGround area
850 m²
Building footprint
127 m²
Volume, LiDAR
683 m³
Parcel 24105B0239/00R002, Flanders · tallest building 13.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EnDeCo+
since 20062.157.179.832
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24105B0239/00R002 | Flanders | 850 m² | 1 · 127 m² | 13.3 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.
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 32,380 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-10-2006
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
71111Activities of building architects
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 19 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.
Contact details
1 entryPhone:014/72.79.11