Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of EcoRetail is 7.8% (elevated). The 2023 annual accounts show equity of €15k and a net result of €-15k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone7.8%
Elevated
0%0,5%1,5%4%10%≥25%
Multiple establishment units
+Young company
+Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 07-07-2025 | 24 d early | 2025-00236231 |
| 31-12-2023 | 31-07-2024 | 26-07-2024 | 5 d early | 2024-00294747 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-15k
Working capital€-15k
Annual accounts & ratios
Source: NBB · 2023Annual accounts filed on 07-07-2025 with the NBB · fiscal year 2024 · verkort
| Fiscal year | 2023 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-10k |
| Net profit | €-15k |
| Cash flow | €-10k |
| Staff costs | €56k |
| Income taxes | - |
| Dividends | - |
| Total assets | €243k |
| Equity | €15k |
| Debt | €228k |
| of which ≤ 1y | €151k |
| of which > 1y | €76k |
| Working capital | €-15k |
| Employees (FTE) | 1.3 |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.90 |
| Quick ratio | 0.27 |
| Working capital ratio | -6.2% |
| Solvency | 6.3% |
| Debt / equity | 14.82 |
| Long-term debt ratio | 4.96 |
| Interest coverage | -12.13 |
| Gross margin | - |
| Net margin | - |
| ROA | -6.0% |
| ROE | -95.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €243k |
| Fixed assets | 21/28 | €107k |
| Intangible fixed assets | 21 | €22k |
| Tangible fixed assets | 22/27 | €79k |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €136k |
| Stocks & contracts in progress | 3 | €95k |
| Amounts receivable within one year | 40/41 | €31k |
| Cash & bank | 54/58 | €7k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €243k |
| Equity | 10/15 | €15k |
| Contributions / capital | 10/11 | €30k |
| Accumulated profits (losses) | 14 | €-15k |
| Amounts payable | 17/49 | €228k |
| Amounts payable after one year | 17 | €76k |
| Amounts payable within one year | 42/48 | €151k |
| Trade debts payable within one year | 44 | €114k |
| Income statement | ||
| Gross operating margin | 9900 | €47k |
| Operating result | 9901 | €-14k |
| Financial income | 75 | €366 |
| Financial charges | 65 | €787 |
| Result before taxes | 9903 | €-15k |
| Net result for the period | 9904 | €-15k |
| Result to be appropriated | 9905 | €-15k |
Ratios computed by Checked.
Health barometer
FY 2023 · computed5
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Fred Chaffartlaan 113300 TienenEstablishment units
6 locationsMoedertje Natuur
since 20232.346.431.087
Biovita
since 20232.350.600.307
Teepot
since 20242.353.853.765
Bioshop Braine l’Alleud
since 20242.363.619.586
Bioshop Genappe
since 20242.363.648.884
Rue du Quesnoy(TOU) 18, 7500 Tournai
since 20252.374.827.838
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels6
Ground area2.2 ha
Buildings6
Building footprint1.6 ha
Volume (LiDAR)14,463 m³
Tallest building18.6 m · ±4 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
3
(50%)
Wallonia
2
(33.3%)
Brussels
1
(16.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24594C0039/00R002 | Flanders | 2.0 ha | 1 · 1.4 ha | 3.1 m |
| 25031A0019/00E000 | Wallonia | 492 m² | 1 · 792 m² | 8.6 m · 2 fl. |
| 24482F0262/00P008 | Flanders | 392 m² | 1 · 237 m² | 15.8 m · 4 fl. |
| 24662H0189/00L000 | Flanders | 382 m² | 1 · 382 m² | 14.9 m · 3 fl. |
| 57462C0305/00E000indicative | Wallonia | 170 m² | 1 · 85 m² | 11.2 m · 3 fl. |
| 21811M1257/00N000 | Brussels | 120 m² | 1 · 119 m² | 18.6 m · 4 fl. |
Methodology
via registered seat: 1 · via establishment units: 5
5 of 6 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 acts All acts · 1
updated 1 year ago
2024
19-08-2024 Steve PORTAUWE appointed as managing director
- Steve PORTAUWE, Gedelegeerd bestuurder
Analysis
Snowflake analysis
financial profile on 5 axes24
/ 100
Fragile profile, watch profitability in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
5
Profitability
0
Solvency
13
Growth
-
Stability
79
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Company registry
Company registry (CBE)
Crossroads BankActivities
Groothandel in andere voedingsmiddelen, n.e.g.46389Groothandel in andere voedingsmiddelen, neg46389Overige detailhandel in voedingsmiddelen, neg47279Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.47299Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)47112
Primary activity highlighted.
Names & trade names
| Legal nameNL | EcoRetail |
Registered office
Fred Chaffartlaan 11
3300 Tienen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.