ECOBA
ActiveECOBA has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €256k and a net result of €105k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 53% of 4602 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability95▲+5
Solvency77▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 1.76 in 2023; short-term debt: 46.7% and cash: 66.9% of total assets), and 47.8% 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+raises 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
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 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
31 d early
2022
32 d early
2021
30 d early
2020
5 d early
2019
131 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€105k▲ 14.0%
2023 · €92k
2018: €-79k
2019: €56k
2020: €35k
2021: €47k
2022: €21k
2023: €92k
2018 → 2024
Working capital
€217k▲ 6.6%
2023 · €204k
2018: €186k
2019: €199k
2020: €213k
2021: €215k
2022: €201k
2023: €204k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€255k-€255k=€256k▲ 0.2%€256k=€256k=
Operating result€56k-€68k▲ 20.5%€37k▼ 45.9%€130k▲ 254%€146k▲ 11.9%
Net result€35k-€47k▲ 33.0%€21k▼ 55.9%€92k▲ 345%€105k▲ 14.0%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 12% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €490k
Fixed assets
€44k▼ 32.9%
Current assets
€446k▼ 5.4%
Equity and liabilities €490k
Equity
€256k=
Debt
€235k▼ 16.7%
The debt ratio falls from 52.4% to 47.8%. Debt is lower.
Key figures and ratios
EBITDA
€155k▲
2023 · €144k
Cash flow
€114k▲
2023 · €106k
Solvency
52.2%▲
2023 · 47.6%
Current ratio
1.95▲
2023 · 1.76
Quick ratio
1.89▲
2023 · 1.67
Debt / equity
0.92▼
2023 · 1.10
ROE
40.9%▲
2023 · 35.9%
ROA
21.3%▲
2023 · 17.1%
Interest coverage
18.30▲
2023 · 17.31
Debt
€235k▼
2023 · €281k
Debt ≤ 1 year
€229k▼
2023 · €268k
Debt > 1 year
€6k▼
2023 · €14k
Income taxes
€33k▲
2023 · €30k
Staff costs
€465k▲
2023 · €428k
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€537k€490k▼
Fixed assets21/28€66k€44k▼
Tangible fixed assets22/27€43k€22k▼
Plant, machinery and equipment23€248-
Furniture and vehicles24€43k€22k▼
Financial fixed assets28€23k€23k=
Current assets29/58€471k€446k▼
Stocks and contracts in progress3€25k€13k▼
Stocks30/36€25k€13k▼
Amounts receivable within one year40/41€262k€87k▼
Trade receivables40€230k€58k▼
Other amounts receivable41€32k€29k▼
Cash at bank and in hand54/58€178k€328k▲
Deferred charges and accrued income490/1€7k€18k▲
Equity and liabilities
Total equity and liabilities10/49€537k€490k▼
Equity10/15€256k€256k=
Contributions10/11€151k€151k=
Capital10€151k€151k=
Issued capital100€151k€151k=
Reserves13€50k€50k=
Non-distributable reserves130/1€19k€19k=
Legal reserve130€15k€15k=
Reserves not available under the articles1311€4k€4k=
Tax-exempt reserves132€20k€20k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€54k€54k=
Amounts payable17/49€281k€235k▼
Amounts payable after more than one year17€14k€6k▼
Financial debts170/4€14k€6k▼
Amounts payable within one year42/48€268k€229k▼
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€81k€93k▲
Suppliers440/4€81k€93k▲
Advances received on contracts in progress46€74k€7k▼
Taxes, remuneration and social security45€12k€16k▲
Taxes450/3€6k€7k▲
Remuneration and social security454/9€6k€10k▲
Other amounts payable47/48€92k€105k▲
Income statement
Code20232024
Remuneration, social security and pensions62€428k€465k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€10k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€245-
Other operating charges640/8€2k€6k▲
Gross operating margin9900€575k€626k▲
Operating profit (loss)9901€130k€146k▲
Financial income75/76B€451€380▼
Recurring financial income75€451€380▼
Financial charges65/66B€8k€8k▲
Recurring financial charges65€8k€8k▲
Profit (loss) for the period before taxes9903€122k€138k▲
Income taxes67/77€30k€33k▲
Profit (loss) for the period9904€92k€105k▲
Profit (loss) for the period to be appropriated9905€92k€105k▲
Appropriation of the result
Profit (loss) to be appropriated9906€146k€159k▲
Profit (loss) brought forward from the previous period14P€54k€54k=
Profit to be distributed694/7€92k€105k▲
Return on contributions (dividend)694€92k€105k▲
Social balance
Average headcount (FTE)908714.214.6▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €105k ▲14%
Operating result €146k, net result €105k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
22-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €56k
Net result €56k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
01-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-06
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
7 acts for this company are 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, Vorst · 1 establishment unit since 2004
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.
de Fierlantstraat 1121190 VorstGround area
1,233 m²
Building footprint
538 m²
Volume, LiDAR
5,972 m³
Parcel 21007A0033/00B013, Brussels · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
C.T.W. -INVEST
since 20042.144.817.973
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0033/00B013 | Brussels | 1,233 m² | 1 · 538 m² | 13.4 m · 4 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.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 38,843 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-09-2004
Fiscal year end31-12
Activities, NACEBEL
43421Specialised construction activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 20 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.