E.C.
ActiveE.C. has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €105k and a net result of €16k. Equity is shrinking by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 43% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
81
/ 100
Excellent▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-24
Solvency72▲+5
Growth58=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.27 in 2023), and 59.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 43
Relative position
BE, all sectors
reference
Sector 43
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 2024Solvency, return and age of the figures
Solvency
40.8%
Return on assets
6.2%
Age of the figures
23 mo
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €105k
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 138 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline15-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 29-04-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
1 d early
2023
5 d early
2022
52 d early
2021
5 d early
2020
10 d early
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€105k▲ 17.9%
2023 · €89k
2018: €133k
2019: €100k
2020: €103k
2021: €63k
2022: €49k
2023: €89k
2018 → 2024
Total assets
€258k▲ 13.5%
2023 · €227k
2018: €362k
2019: €305k
2020: €313k
2021: €266k
2022: €226k
2023: €227k
2018 → 2024
Net result
€16k▼ 60.7%
2023 · €41k
2018: €-15k
2019: €-32k
2020: €3k
2021: €-40k
2022: €-14k
2023: €41k
2018 → 2024
Working capital
€43k▲ 28.2%
2023 · €34k
2018: €85k
2019: €58k
2020: €50k
2021: €8k
2022: €-2k
2023: €34k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€103k-€63k▼ 38.9%€49k▼ 22.7%€89k▲ 83.4%€105k▲ 17.9%
Operating result€11k-€-34k€-7k▲ 78.4%€43k€21k▼ 52.0%
Net result€3k-€-40k€-14k▲ 64.4%€41k€16k▼ 60.7%
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 2024; 2024 is 52% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €258k
Fixed assets
€110k▲ 59.3%
Current assets
€148k▼ 6.6%
Equity and liabilities €258k
Equity
€105k▲ 17.9%
Debt
€153k▲ 10.6%
The debt ratio falls from 60.7% to 59.2%: equity grows faster than debt.
Key figures and ratios
EBITDA
€46k▼
2023 · €59k
Cash flow
€42k▼
2023 · €57k
Solvency
40.8%▲
2023 · 39.3%
Current ratio
1.41▲
2023 · 1.27
Quick ratio
1.40▲
2023 · 1.26
Debt / equity
1.45▼
2023 · 1.54
ROE
15.2%▼
2023 · 45.5%
ROA
6.2%▼
2023 · 17.9%
Interest coverage
13.96▼
2023 · 26.50
Debt
€153k▲
2023 · €138k
Debt ≤ 1 year
€104k▼
2023 · €124k
Debt > 1 year
€48k▲
2023 · €14k
Income taxes
€1k▲
2023 · €132
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€227k€258k▲
Fixed assets21/28€69k€110k▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€69k€110k▲
Plant, machinery and equipment23€387€0▼
Furniture and vehicles24€14k€64k▲
Other tangible fixed assets26€55k€46k▼
Current assets29/58€158k€148k▼
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€120k€116k▼
Trade receivables40€118k€111k▼
Other amounts receivable41€2k€5k▲
Current investments50/53€3k€2k▼
Cash at bank and in hand54/58€23k€16k▼
Deferred charges and accrued income490/1€10k€12k▲
Equity and liabilities
Total equity and liabilities10/49€227k€258k▲
Equity10/15€89k€105k▲
Contributions10/11€10k€10k=
Reserves13€2k€14k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133-€12k
Profit (loss) carried forward14€77k€81k▲
Amounts payable17/49€138k€153k▲
Amounts payable after more than one year17€14k€48k▲
Financial debts170/4€14k€48k▲
Amounts payable within one year42/48€124k€104k▼
Current portion of amounts payable after more than one year42€14k€9k▼
Trade debts44€56k€42k▼
Suppliers440/4€56k€42k▼
Taxes, remuneration and social security45€132€2k▲
Taxes450/3€132€2k▲
Other amounts payable47/48€54k€51k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€26k▲
Other operating charges640/8€751€125▼
Gross operating margin9900€60k€46k▼
Operating profit (loss)9901€43k€21k▼
Financial income75/76B-€25
Recurring financial income75-€25
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€41k€17k▼
Income taxes67/77€132€1k▲
Profit (loss) for the period9904€41k€16k▼
Profit (loss) for the period to be appropriated9905€41k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€93k▲
Profit (loss) brought forward from the previous period14P€37k€77k▲
Transfer to equity691/2-€12k
To other reserves6921-€12k
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
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €100kEq €105k ▲17.9%
2 profitable years in a row build equity to €105k.
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €41k
Net result €41k after 2 loss-making years.
09-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-40k ▼1644%
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
20-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
25-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-10-2022
Resigned as Director
Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 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.
Avenue du Bois Claude 31340 Ottignies-Louvain-la-NeuveGround area
365 m²
Building footprint
111 m²
Volume, LiDAR
750 m³
Parcel 25083D0280/00A003, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
E.C. SPRL
since 20062.152.950.830
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25083D0280/00A003 | Wallonia | 365 m² | 1 · 111 m² | 10.5 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.
Similar companies · same sector, comparable size
LEDS2SEE
BE 0629.733.995
Oostkamp · Eq €105k
ECONOBEL
BE 0478.372.821
Tielt · Eq €105k
PAESHUYSE ELECTRO TECHNICS
BE 0503.982.009
Dessel · Eq €105k
FINISHING COMPANY
BE 0818.076.818
Kortenberg · Eq €105k
NICO VAN DE PUTTE
BE 0692.514.078
Oosterzele · Eq €105k
Of 22,740 companies in sector 43211 we hold annual accounts for 10,273. 8,745 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-07-2005
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
45310
43240Other construction installation
43299Specialised construction activities
43310Plastering work
52720
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.