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ILOT ECLUSE

Active
Public limited companyfounded 1990active for 36 yearsRue Noël Sart-Culpart 44, 6060 Charleroi, Belgium14 active companies are registered at this addressKBO/BCE: BE 0441.544.592
Summary

ILOT ECLUSE has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €274,468 and a net result of -€8,347. Equity is shrinking by about 3.5% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Activity not known1 site
Size
€277,253total assets 2025
Equity
€274,468
Loss
-€8,347
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
Immobel SA
Accounts 28 days early1 of 27 deeds read
Why 95lowers riskSize: total assets €277,253Equity €274,468 (99.0% of total assets)Liquidity: current ratio 99.55, cash €129,835Founded in 1990Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 99.0% of total assets
Liquidity 100=
short-term debt 1.0% · cash 46.8%
Profitability 30-4
return on assets -3.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity ample (current ratio 99.55; short-term debt: 1% and cash: 46.8% of total assets), and 1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 95% on liquidity, 21% on profitability and 35% on growth.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Size: total assets €277,253
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €274,468 (99.0% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 99.55, cash €129,835
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
35 days early
2023
69 days early
2022
69 days early
2021
59 days early
2020
1 day early
2019
66 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 28 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Permanent representatives: Frederic Poesen and Jonas…Power of attorney · Declaration
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · full…

Financials · financial year 2025, full format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€8,347▼ 93.7%
2024 · -€4,309
Working capital
€274,468▼ 3.0%
2024 · €282,814
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €6,923 in 2025 against €2,653 in 2024; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€6,923 2025 Net result-€8,347 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€3,482--€10,829▼ 211%-€4,866▲ 55.1%-€2,709▲ 44.3%€190-€11,448-€2,653▲ 76.8%-€6,923▼ 161%
Net result-€4,991--€12,236▼ 145%-€6,382▲ 47.8%-€4,431▲ 30.6%-€25,511▼ 476%-€12,980▲ 49.1%-€4,309▲ 66.8%-€8,347▼ 93.7%
Equity€348,664-€336,428▼ 3.5%€330,046▼ 1.9%€325,614▼ 1.3%€300,103▼ 7.8%€287,123▼ 4.3%€282,814▼ 1.5%€274,468▼ 3.0%
Total assets€355,414-€379,548▲ 6.8%€375,250▼ 1.1%€373,794▼ 0.4%€301,723▼ 19.3%€289,724▼ 4.0%€285,027▼ 1.6%€277,253▼ 2.7%
Debt€6,751-€43,120▲ 539%€45,204▲ 4.8%€48,180▲ 6.6%€1,620▼ 96.6%€2,601▲ 60.6%€2,212▼ 14.9%€2,785▲ 25.9%
Working capital€348,664-€337,767▼ 3.1%€330,046▼ 2.3%€371,240▲ 12.5%€300,103▼ 19.2%€287,123▼ 4.3%€282,814▼ 1.5%€274,468▼ 3.0%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €277,253
Equity €274,468 ▼ 3.0%
Debt €2,785 ▲ 25.9%
Debt's share of the balance-sheet total rises from 0.8% to 1.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
99.55
Quick ratio
46.62▼
2024 · 62.20
Debt to equity
0.01▲
2024 · 0.01
ROE
-3.0%▼
2024 · -1.5%
ROA
-3.0%▼
2024 · -1.5%
Debt ≤ 1 year
€2,785▲
2024 · €2,212
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€285,027€277,253▼
Current assets29/58€285,027€277,253▼
Stocks and contracts in progress3€147,418€147,418=
Stocks30/36€147,418€147,418=
Cash at bank and in hand54/58€137,609€129,835▼
Equity and liabilities
Total equity and liabilities10/49€285,027€277,253▼
Equity10/15€282,814€274,468▼
Contributions10/11€433,814€433,814=
Capital10€433,814€433,814=
Issued capital100€433,814€433,814=
Reserves13€43,381€43,381=
Non-distributable reserves130/1€43,381€43,381=
Legal reserve130€43,381€43,381=
Profit (loss) carried forward14-€194,381-€202,727▼
Amounts payable17/49€2,212€2,785▲
Amounts payable within one year42/48€2,212€2,785▲
Trade debts44€2,212€2,785▲
Suppliers440/4€2,212€2,785▲
Income statement Code20242025
Other operating charges640/8€0€787▲
Gross operating margin9900-€2,653-€6,136▼
Operating profit (loss)9901-€2,653-€6,923▼
Financial charges65/66B€1,656€1,423▼
Recurring financial charges65€1,656€1,423▼
Profit (loss) for the period before taxes9903-€4,309-€8,347▼
Profit (loss) for the period9904-€4,309-€8,347▼
Profit (loss) for the period to be appropriated9905-€4,309-€8,347▼
Appropriation of the result
Profit (loss) to be appropriated9906-€194,381-€202,727▼
Profit (loss) brought forward from the previous period14P-€190,072-€194,381▼
Line20182019202020212022202320242025Change
Other operating charges640/8---€0-€732€0€787-
Gross operating margin9900----€2,709€190-€10,716-€2,653-€6,136▼ 131%
Operating profit (loss)9901-€3,482-€10,829-€4,866-€2,709€190-€11,448-€2,653-€6,923▼ 161%
Financial income75/76B---€1,014€0----
Recurring financial income75---€1,014€0----
Financial charges65/66B---€2,737€25,701€1,532€1,656€1,423▼ 14.0%
Recurring financial charges65€1,509€1,407€1,517€2,737€25,701€1,532€1,656€1,423▼ 14.0%
Profit (loss) for the period before taxes9903-€4,991-€12,236-€6,382-€4,431-€25,511-€12,980-€4,309-€8,347▼ 93.7%
Profit (loss) for the period9904-€4,991-€12,236-€6,382-€4,431-€25,511-€12,980-€4,309-€8,347▼ 93.7%
Profit (loss) for the period to be appropriated9905-€4,991-€12,236-€6,382-€4,431-€25,511-€12,980-€4,309-€8,347▼ 93.7%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€355,414€379,548€375,250€373,794€301,723€289,724€285,027€277,253▼ 2.7%
Current assets29/58€355,414€379,548€375,250€373,794€301,723€289,724€285,027€277,253▼ 2.7%
Stocks and contracts in progress3€135,970€147,418€147,418€147,418€147,418€147,418€147,418€147,418=
Stocks30/36---€147,418€147,418€147,418€147,418€147,418=
Amounts receivable within one year40/41---€44€0----
Other amounts receivable41---€44€0----
Cash at bank and in hand54/58€219,445€232,130€227,832€226,332€154,305€142,306€137,609€129,835▼ 5.6%
Equity and liabilities
Total equity and liabilities10/49€355,414€379,548€375,250€373,794€301,723€289,724€285,027€277,253▼ 2.7%
Equity10/15€348,664€336,428€330,046€325,614€300,103€287,123€282,814€274,468▼ 3.0%
Contributions10/11€433,814€433,814€433,814€433,814€433,814€433,814€433,814€433,814=
Capital10---€433,814€433,814€433,814€433,814€433,814=
Issued capital100---€433,814€433,814€433,814€433,814€433,814=
Reserves13€43,381€43,381€43,381€43,381€43,381€43,381€43,381€43,381=
Non-distributable reserves130/1---€43,381€43,381€43,381€43,381€43,381=
Legal reserve130---€43,381€43,381€43,381€43,381€43,381=
Profit (loss) carried forward14-€128,531-€140,767-€147,149-€151,581-€177,092-€190,072-€194,381-€202,727▼ 4.3%
Amounts payable17/49€6,751€43,120€45,204€48,180€1,620€2,601€2,212€2,785▲ 25.9%
Amounts payable after more than one year17---€45,625€0----
Other amounts payable178/9---€45,625€0----
Amounts payable within one year42/48€6,751€41,782€45,204€2,554€1,620€2,601€2,212€2,785▲ 25.9%
Trade debts44€2,751€2,782€3,542€2,554€1,620€2,601€2,212€2,785▲ 25.9%
Suppliers440/4---€2,554€1,620€2,601€2,212€2,785▲ 25.9%
Other amounts payable47/48---€0-----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€4,991-€12,236-€6,382-€4,431-€25,511-€12,980-€4,309-€8,347▼ 93.7%
Operating cash flow (approximation)-€4,991-€12,236-€6,382-€4,431-€25,511-€12,980-€4,309-€8,347▼ 93.7%
Change in cash-€12,686-€4,298-€1,500-€72,026-€11,999-€4,698-€7,774▼ 65.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 27 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

3 owners

Chain of control

  1. Immobel SA consolidates
  2. ILOT ECLUSE

Highest known parent: Immobel SA. The sources do not say who stands above it.

Owners 3

Stated earlier (1)

An older source named these owners; newer accounts no longer list them.

According to the 2021 annual accounts of ILOT ECLUSE and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Connections & network

No directors read yet: 1 of 27 Gazette acts processed.

History

On 6 September 1990, ILOT ECLUSE was incorporated.1 Total assets went from €355,414 in 2018 to €277,253 in 2025.2

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
16-09
Gazette deed Permanent representatives: Frederic Poesen and Jonas Nachtergaele
Power of attorney · Declaration6 facts ▸
  • General meeting, 24-06-2026
  • Permanent representative, Frederic Poesen
  • Permanent representative, Jonas Nachtergaele
  • Power of attorney, Carmen THEUNIS
  • Power of attorney, Hanane MEJDOUBI
  • Declaration, “actionnaires de la Société, approbation des décisions” (deed in French)
03-07
NBB filing Annual accounts filed
financial year 2025 · full format
2025
26-06
NBB filing Annual accounts filed
financial year 2024 · full format
2024
23-05
NBB filing Annual accounts filed
financial year 2023 · full format
2023
23-05
NBB filing Annual accounts filed
financial year 2022 · full format
2022
31-12
Financial Weakest financial yearnet -€25,511
Net result drops to -€25,511, the lowest in the series; recovery starts the following year.
02-06
NBB filing Annual accounts filed
financial year 2021 · full format
2021
31-12
Financial Liquidity more than 17 timescurrent ratio 146.34
Current ratio from 8.30 to 146.34; short-term debt falls from €45,204 to €2,554.
30-07
NBB filing Annual accounts filed
financial year 2020 · full format
2020
05-10
NBB filing Annual accounts filed
financial year 2019 · full format · 66 days late
2019
15-07
NBB filing Annual accounts filed
financial year 2018 · full format
2018
13-09
NBB filing Annual accounts filed
financial year 2017 · full format · 44 days late
2017
27-06
NBB filing Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 35 annual accounts filed, the latest 10 are here; all 35 are at the National Bank.
1 of 27 deeds read
About the unread acts

Of the 27 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 26 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPublic limited company
Founded06-09-1990
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0441544592
Also 9925:BE0441544592

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 12 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 1990
registered office establishment The establishment unit on the map
Ground area
1.6 ha
Building footprint
1,758 m²
Building volume
10,117 m³
Parcel 52342A0252/00V002, Wallonia · tallest building 10.8 m. Linked by address, not a title deed.
14 companies at this address See who is registered here
1 establishment unit
ILOT ECLUSE SA
Rue Noël Sart-Culpart 44, 6060 CharleroiRenting and operating of own or leased residential real estate, excluding social housing
since 1990unit no. 2.049.566.151
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
52342A0252/00V002 Wallonia 1.6 ha 1 · 1,758 m² 10.8 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.