ECDA
ActiveECDA has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171k and a net result of €61k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 45% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-7
Solvency75▼-25
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.83 against 5.59 in 2024; short-term debt: 33.7% and cash: 15.6% of total assets), and 50.3% 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
49.7%
Return on assets
17.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
29 d late
2024
on the day
2023
27 d late
2022
30 d late
2021
22 d late
2020
25 d late
2019
31 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€171k▼ 13.1%
2024 · €196k
2018: €76k
2019: €92k
2020: €88k
2021: €105k
2022: €127k
2023: €159k
2024: €196k
2018 → 2025
Total assets
€343k▲ 52.5%
2024 · €225k
2018: €115k
2019: €99k
2020: €112k
2021: €133k
2022: €157k
2023: €188k
2024: €225k
2018 → 2025
Net result
€61k▲ 15.7%
2024 · €53k
2018: €16k
2019: €16k
2020: €23k
2021: €27k
2022: €38k
2023: €48k
2024: €53k
2018 → 2025
Working capital
€-20k
2024 · €122k
2018: €4k
2019: €20k
2020: €16k
2021: €33k
2022: €49k
2023: €83k
2024: €122k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€105k-€127k▲ 21.2%€159k▲ 24.9%€196k▲ 23.5%€171k▼ 13.1%
Operating result€42k-€41k▼ 3.2%€67k▲ 64.1%€73k▲ 9.0%€91k▲ 25.4%
Net result€27k-€38k▲ 40.8%€48k▲ 26.8%€53k▲ 11.0%€61k▲ 15.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 25% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €343k
Fixed assets
€247k▲ 223%
Current assets
€96k▼ 35.4%
Equity and liabilities €343k
Equity
€171k▼ 13.1%
Debt
€173k▲ 500%
The debt ratio rises from 12.8% to 50.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€93k▲
2024 · €75k
Cash flow
€63k▲
2024 · €55k
Solvency
49.7%▼
2024 · 87.2%
Current ratio
0.83▼
2024 · 5.59
Quick ratio
0.83▼
2024 · 5.59
Debt / equity
1.01▲
2024 · 0.15
ROE
36.1%▲
2024 · 27.1%
ROA
17.9%▼
2024 · 23.6%
Interest coverage
93.81▼
2024 · 1659.67
Debt
€173k▲
2024 · €29k
Debt ≤ 1 year
€116k▲
2024 · €27k
Debt > 1 year
€57k
Income taxes
€31k▲
2024 · €21k
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€225k€343k▲
Fixed assets21/28€77k€247k▲
Tangible fixed assets22/27€4k€5k▲
Furniture and vehicles24€4k€5k▲
Financial fixed assets28€73k€243k▲
Current assets29/58€148k€96k▼
Amounts receivable within one year40/41€60k€2k▼
Other amounts receivable41€60k€2k▼
Current investments50/53€40k€40k=
Cash at bank and in hand54/58€48k€53k▲
Deferred charges and accrued income490/1€400€441▲
Equity and liabilities
Total equity and liabilities10/49€225k€343k▲
Equity10/15€196k€171k▼
Contributions10/11€6k€6k=
Reserves13€190k€164k▼
Distributable reserves133€190k€164k▼
Amounts payable17/49€29k€173k▲
Amounts payable after more than one year17-€57k
Financial debts170/4-€57k
Amounts payable within one year42/48€27k€116k▲
Current portion of amounts payable after more than one year42-€13k
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€9k€13k▲
Taxes450/3€9k€13k▲
Other amounts payable47/48€16k€87k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€76k€94k▲
Operating profit (loss)9901€73k€91k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€45€992▲
Recurring financial charges65€45€992▲
Profit (loss) for the period before taxes9903€74k€92k▲
Income taxes67/77€21k€31k▲
Profit (loss) for the period9904€53k€61k▲
Profit (loss) for the period to be appropriated9905€53k€61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€53k€61k▲
Transfer from equity791/2€16k€87k▲
Transfer to equity691/2€53k€61k▲
To other reserves6921€53k€61k▲
Profit to be distributed694/7€16k€87k▲
Return on contributions (dividend)694€16k€87k▲
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
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Highest result since 2018net €61k ▲15.7%
Operating result €91k, net result €61k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Equity above €150kEq €159k ▲24.9%
6 profitable years in a row build equity to €159k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Equity above €100kEq €105k ▲19.2%
4 profitable years in a row build equity to €105k.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €16k ▼2.4%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 4.12
Current ratio from 1.11 to 4.12; short-term debt falls from €37k to €6k.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Menen · 1 establishment unit since 2008
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.
Weggevoerdenlaan 108930 MenenGround area
918 m²
Building footprint
173 m²
Volume, LiDAR
916 m³
Parcel 34024A0512/00C000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ECDA
since 20082.171.398.349
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34024A0512/00C000 | Flanders | 918 m² | 1 · 173 m² | 8.9 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 119 EUR awarded · 119 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 119 EUR | 119 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 40,668 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-06-2008
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.