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ECLO

Active
Private limited companyfounded 2016active for 10 yearsRue de Waremme 109, 4530 Villers-le-Bouillet, BelgiumKBO/BCE: BE 0656.696.433
Summary

ECLO has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €231,435. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 45% of 248 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Waste collection, recovery and disposal activities
NACE 38330Growing of vegetables, melons, roots and tubers NACE 01130
1 site
Size
€4.6mtotal assets 2025
Staff
26.1 FTE
Equity
€1.4m
Profit
€231,435
Net result +142%: other schema
Financial health
83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Largest shareholder
NOSHAQ · 31.67%
  • HV Production SRLDirector · permanent representative Hadrien Velge
  • Interfas SADirector · permanent representative Thibault Fastenakels
Accounts 28 days early1 of 12 deeds read
Why 83raises riskLiquidity: current ratio 1.32, cash €176,445Sector: Waste collection, recovery and disposal activities (NACE 38)lowers riskFigures for financial year 2025 (filed 03-07-2026)Profit of €231,435 (financial year 2025)Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 63% of its sector peers (NACE 38, small)
Financial strength · tick = 2024
Strong
Solvency 56+13
equity 30.8% of total assets
Liquidity 46-3
short-term debt 24.7% · cash 3.8%
Profitability 75+21
return on assets 5.0%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (199 companies, NACE 38, small)
Last 24 months 11-2024: 2.8% 12-2024: 2.8%● unchanged vs 11-2024 01-2025: 2.8%● unchanged vs 12-2024 02-2025: 2.8%● unchanged vs 01-2025 03-2025: 3.2%▲ +0.4 percentage points vs 02-2025 04-2025: 3.6%▲ +0.4 percentage points vs 03-2025 05-2025: 3.9%▲ +0.3 percentage points vs 04-2025 06-2025: 4.0%▲ +0.1 percentage points vs 05-2025 07-2025: 4.3%▲ +0.3 percentage points vs 06-2025highest value 08-2025: 1.3%▼ -3.0 percentage points vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 0.9%▼ -0.4 percentage points vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.1%▲ +0.1 percentage points vs 05-2026 07-2026: 1.3%▲ +0.2 percentage points vs 06-2026 08-2026: 0.6%▼ -0.7 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.32, compared with 1.9 in 2024; short-term debt: 24.7% and cash: 3.8% of total assets), and 69.2% of the assets are financed with debt.
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 (NACE 38, small): better than 43% on solvency, 49% on liquidity, 68% on profitability and 93% on growth.

The bankruptcy probability was computed on 10-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.32, cash €176,445
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 03-07-2026)
NBB · annual accounts
lowers risk · Profit of €231,435 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Waste collection, recovery and disposal activities (NACE 38)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.4m
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 · 9 filings
Deviation from the deadline
2025
28 days early
2024
23 days early
2023
16 days early
2022
5 days early
2021
4 days late
2020
16 days late
2019
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days before the deadline; the sector median (NACE 38) for financial year 2024 is 8 days before the deadline, and 32% 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 16 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2018 to 2025net €231,435 ▲142%
  3. Equity above €1mequity €1.4m ▲83.6%

Key points

  • Positive: Result rose in 2025different schema filed ▲ 142% View
  • Caution: Board changedlatest change 04-12-2025 · 2 in office 2 joined · 2 left View
  • Positive: Among the best 20% on net resultsector median €34,397 · 249 companies €231,435 View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€4.6m
Profit
€231,435
Solvency
30.8%
Total assets▲ 8.6%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Largest shareholder
NOSHAQ · 31.67%
  • HV Production SRLDirector
  • Interfas SADirector
Go to Board & ownership

Timeline

Events
16
Since
2018
Next accounts
by 31-07-2027
  1. 04-12-2025Resignations: Thibault Fastenakels (director) and Hadrien Velge…
  2. 08-07-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Waste collection, recovery and disposal activitiesNACE 38330
Founded
16-06-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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