E.E.C.
ActiveSummary
The computed 12-month bankruptcy probability of E.E.C. is 2.2% (moderate). The 2024 annual accounts show equity of €37k and a net result of €10k. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 66% of 5894 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▲+6
Solvency82▲+10
Growth52=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.65 in 2023; short-term debt: 36.7% and cash: 31.6% of total assets), and 43.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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
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 →
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
56.6%
Return on assets
15.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
19 d early
2022
29 d early
2021
24 d early
2020
4 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€37k▲ 29.4%
2023 · €28k
2020: €21k
2021: €20k
2022: €23k
2023: €28k
2020 → 2024
Total assets
€65k▲ 7.3%
2023 · €61k
2020: €33k
2021: €72k
2022: €65k
2023: €61k
2020 → 2024
Net result
€10k▲ 50.8%
2023 · €7k
2020: €19k
2021: €-378
2022: €5k
2023: €7k
2020 → 2024
Working capital
€15k▲ 9.7%
2023 · €13k
2020: €15k
2021: €2k
2022: €6k
2023: €13k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€21k-€20k▼ 1.8%€23k▲ 15.7%€28k▲ 21.4%€37k▲ 29.4%
Operating result€28k-€3k▼ 91.0%€9k▲ 252%€11k▲ 29.5%€16k▲ 39.7%
Net result€19k-€-378€5k€7k▲ 38.4%€10k▲ 50.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 40% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €65k
Fixed assets
€27k ▼ 1.5%
Current assets
€38k ▲ 14.3%
Equity and liabilities €65k
Equity
€37k ▲ 29.4%
Debt
€28k ▼ 12.3%
Debt's share of the balance-sheet total falls from 53.1% to 43.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▲
2023 · €23k
Cash flow
€22k▲
2023 · €19k
Current ratio
1.61▼
2023 · 1.65
Quick ratio
1.57▲
2023 · 1.53
Debt to equity
0.77▼
2023 · 1.13
ROE
27.1%▲
2023 · 23.2%
ROA
15.3%▲
2023 · 10.9%
Interest coverage
59.87▲
2023 · 33.61
Debt ≤ 1 year
€24k▲
2023 · €20k
Debt > 1 year
€4k▼
2023 · €12k
Income taxes
€6k▲
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€61k€65k▲
Fixed assets21/28€27k€27k▼
Tangible fixed assets22/27€27k€27k▼
Plant, machinery and equipment23€2k€8k▲
Furniture and vehicles24€24k€17k▼
Other tangible fixed assets26€1k€858▼
Current assets29/58€34k€38k▲
Stocks and contracts in progress3€2k€811▼
Stocks30/36€2k€811▼
Amounts receivable within one year40/41€15k€17k▲
Trade receivables40€10k€10k▲
Other amounts receivable41€6k€7k▲
Cash at bank and in hand54/58€15k€21k▲
Deferred charges and accrued income490/1€606€165▼
Equity and liabilities
Total equity and liabilities10/49€61k€65k▲
Equity10/15€28k€37k▲
Contributions10/11€3k€3k=
Reserves13€25k€34k▲
Distributable reserves133€25k€34k▲
Amounts payable17/49€32k€28k▼
Amounts payable after more than one year17€12k€4k▼
Financial debts170/4€12k€4k▼
Amounts payable within one year42/48€20k€24k▲
Current portion of amounts payable after more than one year42€8k€10k▲
Trade debts44€590€1k▲
Suppliers440/4€590€1k▲
Taxes, remuneration and social security45€366€311▼
Taxes450/3€366€311▼
Other amounts payable47/48€12k€12k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€25k€30k▲
Operating profit (loss)9901€11k€16k▲
Financial income75/76B€188€4▼
Recurring financial income75€188€4▼
Financial charges65/66B€695€473▼
Recurring financial charges65€695€473▼
Profit (loss) for the period before taxes9903€11k€16k▲
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€7k€10k▲
Profit (loss) for the period to be appropriated9905€7k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€10k▲
Transfer to equity691/2€5k€8k▲
To other reserves6921€5k€8k▲
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-378
Net result drops to €-378, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Edegem · 1 establishment unit since 2019
Ground area
220 m²
Building footprint
63 m²
Parcel 11013A0252/00E007, Flanders. Linked by address, not a title deed.
1 establishment unit
E.E.C. // J.K.S
since 20192.290.439.323
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0252/00E007 | Flanders | 220 m² | 1 · 63 m² | - |
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 7,352 companies in sector 81210 we hold annual accounts for 2,733. 2,222 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.