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ECETIA INTERCOMMUNALE

Active
Cooperative companyfounded 1985active for 41 yearsRue du Vertbois 11, 4000 Liège, BelgiumKBO/BCE: BE 0227.486.477
Summary

ECETIA INTERCOMMUNALE has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53.8m and a net result of €547,364. Equity has been stable since 2018 (±1.4% per year). Its solvency ranks better than 93% of 11,261 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow ReportCompare
ECETIA INTERCOMMUNALEActiveChecked score 85/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 28-05-1985 Normal situation
Registered office
21 active companies are registered at this address Source: KBO register, as of 4 November 2026.
Activity
Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 4 others
Establishment unit
2.160.522.174 4000 Liège, since 01-01-2006
Financial year end
31 December
Peppol
Reachable since 01-12-2025
Company details

Board and ownership

Board
and 11 others
Auditor
Axylium Liège
Holdings
Shares in 3 companies including Ecetia Real Estate and ECETIA FINANCES
Board & ownership

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Turnover
€2.9m
▼ 1.2%
Profit
€547,364
▼ 13.9%
Equity
€53.8m
▲ 3.0%
Total assets
€57.5m
▲ 1.4%
Employees on 31-12-2025
10
▲ 11.1%
  • 2025 accounts filed 6 days after the deadline
Financials
Score breakdownraises risk1 change of registered office in 24 monthsLiquidity: current ratio 7.27, cash €1.5mLast filed accounts filed 6 days late; 1 of the last 3 accounts latelowers riskFounded in 1985Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 69% of micro companies in real estate (NACE 68)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 100=
equity 93.4% of total assets
Liquidity 53-3
short-term debt 3.8% · cash 2.5%
Profitability 80=
return on assets 1.0%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,630 companies, NACE 68, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.1%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 0.7%▲ +0.2 percentage points vs 09-2025highest value 11-2025: 0.2%▼ -0.5 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.4%▲ +0.2 percentage points vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.3%▼ -0.1 percentage points vs 04-2026 06-2026: 0.4%▲ +0.1 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▼ -0.1 percentage points vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €280,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.27 (8.95 in 2024), above the usual 1.5. Short-term debt is 3.8% and cash 2.5% of total assets. 6.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 (NACE 68, micro). It does better than 91% of them on solvency, 62% on liquidity, 77% on profitability and 47% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 7.27, cash €1.5m
NBB · annual accounts
raises risk · Last filed accounts filed 6 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1985
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 6 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
6 days late
2024
84 days late
2023
21 days early
2022
33 days early
2021
27 days early
2020
18 days early
2019
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed 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 11 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in real estatesector median €9,999 · 11,252 companies €547,364 View
  • Positive: 8 profitable years in a rowprofit 2025: €547,364 8 years View

Recent changes

  1. · Gazette deed Registered office moved within LiègeNew seat: rue du Vertbois 11 - 4000 Liège · Previous seat: rue Sainte-Marie 5 à 4000 Liège · Appointments: Axylium Liège, Luc DELVAUX and 4 others
  2. · Gazette deed 16 directors appointed, 18 directors resigningChange of role: Laura CRAPANZANO, from director to administratrice du conseil d'administration · Resignations: Layla BOUAZZA, Muriel GERKENS and 15 others · Appointments: Stéphane OCHENDZAN, Martine LEJEUNE and 12 others
  3. · Gazette deed Resignation: Thierry WILLEMS (président d'ecetia intercommunale)Appointment: Franco IANIERI (director)
All 45 events

Companies linked to ECETIA INTERCOMMUNALE

Comparable companies

These companies have the same main activity as ECETIA INTERCOMMUNALE: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €32m and €61m, founded between 1957 and 1991.

CompanyTotal assetsGross margin
ECETIA INTERCOMMUNALE Liège€57.5m€1.9m
EUROPEAN FOOD CENTRE Brugge€32.5m-
BELPARFI Gent€39.8m€3.3m
VANDECASTEELE NOEL & BERNARD Kortrijk€34.9m-
INFRAMUT Gent€37.8m€2.0m
IMMOBILIERE JAKSA NOUVELLE Elsene€60.8m€3.7m
De Watering Mol€47.6m€4.3m
Full comparison

Key facts about ECETIA INTERCOMMUNALE
What is the company number of ECETIA INTERCOMMUNALE?
The company number of ECETIA INTERCOMMUNALE is 0227.486.477. The VAT number is the same number with BE in front: BE 0227.486.477.
Where is ECETIA INTERCOMMUNALE based?
The registered office is at Rue du Vertbois 11, 4000 Liège.Company details
What does ECETIA INTERCOMMUNALE do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of ECETIA INTERCOMMUNALE?
The legal form of ECETIA INTERCOMMUNALE is Cooperative company (CV).
When was ECETIA INTERCOMMUNALE founded?
ECETIA INTERCOMMUNALE was founded on 28-05-1985.
Is ECETIA INTERCOMMUNALE still active?
Yes, ECETIA INTERCOMMUNALE is an active enterprise in the KBO register.
How many employees does ECETIA INTERCOMMUNALE have?
ECETIA INTERCOMMUNALE had an average of 9.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ECETIA INTERCOMMUNALE?
The turnover of ECETIA INTERCOMMUNALE was €2.9m in financial year 2025, according to the filed annual accounts.
Is ECETIA INTERCOMMUNALE profitable?
In financial year 2025, ECETIA INTERCOMMUNALE made a profit of €547,364.
Where can I find the annual accounts of ECETIA INTERCOMMUNALE?
ECETIA INTERCOMMUNALE filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ECETIA INTERCOMMUNALE due?
ECETIA INTERCOMMUNALE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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