G.S. Ecotech
ActiveG.S. Ecotech has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €237k and a net result of €26k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 66% of 4472 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-3
Solvency81▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.9 in 2024; short-term debt: 26.7% and cash: 7.1% of total assets), and 44% of the assets are financed with debt.
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 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
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
56%
Return on assets
6.2%
Age of the figures
9 mo
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
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
50 d early
2023
42 d early
2022
16 d late
2021
31 d late
2020
31 d late
2019
34 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€237k▲ 10.5%
2024 · €214k
2018: €134k
2019: €149k
2020: €148k
2021: €145k
2022: €162k
2023: €191k
2024: €214k
2018 → 2025
Total assets
€423k▼ 1.5%
2024 · €430k
2018: €622k
2019: €538k
2020: €540k
2021: €460k
2022: €465k
2023: €445k
2024: €430k
2018 → 2025
Net result
€26k▼ 25.2%
2024 · €35k
2018: €8k
2019: €19k
2020: €2k
2021: €507
2022: €21k
2023: €32k
2024: €35k
2018 → 2025
Working capital
€-3k▲ 80.0%
2024 · €-13k
2018: €-130k
2019: €-108k
2020: €-105k
2021: €-100k
2022: €-68k
2023: €-39k
2024: €-13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€145k-€162k▲ 11.9%€191k▲ 17.8%€214k▲ 12.1%€237k▲ 10.5%
Operating result€6k-€30k▲ 419%€48k▲ 62.4%€53k▲ 10.3%€43k▼ 19.6%
Net result€507-€21k▲ 3,984%€32k▲ 55.9%€35k▲ 7.8%€26k▼ 25.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €423k
Fixed assets
€313k▲ 2.9%
Current assets
€110k▼ 12.3%
Equity and liabilities €423k
Equity
€237k▲ 10.5%
Debt
€186k▼ 13.6%
The debt ratio falls from 50.1% to 44.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€71k▼
2024 · €78k
Cash flow
€54k▼
2024 · €59k
Solvency
56.0%▲
2024 · 49.9%
Current ratio
0.98▲
2024 · 0.90
Quick ratio
0.79▲
2024 · 0.69
Debt / equity
0.79▼
2024 · 1.00
ROE
11.0%▼
2024 · 16.2%
ROA
6.2%▼
2024 · 8.1%
Interest coverage
7.42▼
2024 · 9.23
Debt
€186k▼
2024 · €215k
Debt ≤ 1 year
€113k▼
2024 · €139k
Debt > 1 year
€73k▼
2024 · €76k
Income taxes
€11k▼
2024 · €14k
Staff costs
€18k▲
2024 · €14k
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€430k€423k▼
Fixed assets21/28€304k€313k▲
Tangible fixed assets22/27€304k€313k▲
Land and buildings22€298k€277k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€958€33k▲
Financial fixed assets28€27€27=
Current assets29/58€126k€110k▼
Stocks and contracts in progress3€30k€21k▼
Stocks30/36€30k€21k▼
Amounts receivable within one year40/41€67k€50k▼
Trade receivables40€52k€48k▼
Other amounts receivable41€14k€2k▼
Cash at bank and in hand54/58€21k€30k▲
Deferred charges and accrued income490/1€8k€10k▲
Equity and liabilities
Total equity and liabilities10/49€430k€423k▼
Equity10/15€214k€237k▲
Contributions10/11€10k€10k=
Reserves13€170k€196k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€168k€194k▲
Investment grants15€35k€31k▼
Amounts payable17/49€215k€186k▼
Amounts payable after more than one year17€76k€73k▼
Financial debts170/4€76k€73k▼
Amounts payable within one year42/48€139k€113k▼
Current portion of amounts payable after more than one year42€22k€28k▲
Financial debts43€26k€24k▼
Credit institutions430/8€26k€24k▼
Trade debts44€28k€15k▼
Suppliers440/4€28k€15k▼
Taxes, remuneration and social security45€8k€24k▲
Taxes450/3€8k€23k▲
Remuneration and social security454/9€430€387▼
Other amounts payable47/48€54k€22k▼
Income statement
Code20242025
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€14k€18k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€28k▲
Other operating charges640/8€7k€4k▼
Gross operating margin9900€98k€93k▼
Operating profit (loss)9901€53k€43k▼
Financial income75/76B€4k€4k▲
Recurring financial income75€4k€4k▲
Financial charges65/66B€8k€10k▲
Recurring financial charges65€8k€10k▲
Profit (loss) for the period before taxes9903€48k€37k▼
Income taxes67/77€14k€11k▼
Profit (loss) for the period9904€35k€26k▼
Profit (loss) for the period to be appropriated9905€35k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€26k▼
Transfer from equity791/2€8k-
Transfer to equity691/2€35k€26k▼
To other reserves6921€35k€26k▼
Profit to be distributed694/7€8k-
Directors or managers695€8k-
The notes to these accounts (10 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €35k ▲7.8%
Operating result €53k, net result €35k, both a record.
31-12
Financial
Equity above €200kEq €214k ▲12.1%
7 profitable years in a row build equity to €214k.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Equity above €150kEq €162k ▲11.9%
5 profitable years in a row build equity to €162k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €507 ▼77.7%
Net result drops to €507, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Herve · 1 establishment unit since 2011
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.
Thier Martin 764651 HerveGround area
1,778 m²
Building footprint
127 m²
Volume, LiDAR
679 m³
Parcel 63006C0254/00E002, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
G.S. ECOTECH
since 20112.201.579.306
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63006C0254/00E002 | Wallonia | 1,778 m² | 1 · 127 m² | 7.8 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 21,219 companies in sector 81300 we hold annual accounts for 4,363. 3,275 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-07-2011
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
37000Sewerage
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.