Parent and group
- MDM HOLDING67%
EcoTess
ActiveSummary
EcoTess has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.4m and a net result of €72,772. Equity has been growing by about 18% per year since 2019. Its solvency ranks better than 45% of 350 sector peers (NACE 35, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 18-05-2018 Normal situation
- Registered office
- 28 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Production of electricity from non-renewable sources NACE 35110and 1 other
- Establishment unit
- 2.278.101.121 9051 Gent, since 18-05-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 08-01-2026
Board and ownership
Board
- Koen DecourtDirector · since 26-11-2025
- Maarten MichielssensDirector · since 26-11-2025
- Auditor
- PwC Bedrijfsrevisoren BV
Shareholders
- EnergyVision100%· score 86annual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts 2025
- Gross margin
- €747,335
- ▲ 68.1%
- Turnover
- ≈ €1.8m
- estimated
- Profit
- €72,772
- Equity
- €2.4m
- ▲ 2.3%
- Total assets
- €8.3m
- ▼ 7.4%
- 2025 accounts filed 13 days after the deadline
Score breakdownraises riskLiquidity: current ratio 1.46, cash €37,5641 change of registered office in 24 monthslowers riskSize: total assets €8.3mFigures for financial year 2025 (filed on 15-08-2026)Show the evidence
Checked score
Score 2025
86
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 42% of small companies in electricity, gas and steam (NACE 35)
Financial strength · tick: 2024
Average
Solvency
53+2
equity 28.5% of total assets
Liquidity
51+1
short-term debt 7.2% · cash 0.5%
Profitability
45+14
return on assets 0.9%
Bankruptcy probability within 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.6%▲ +0.2 percentage points vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.7%▲ +0.1 percentage points vs 03-2026
05-2026: 0.8%▲ +0.1 percentage points vs 04-2026
06-2026: 0.9%▲ +0.1 percentage points vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 1.4%▲ +0.5 percentage points vs 07-2026highest value
09-2026: 0.3%▼ -1.1 percentage points vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €200,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.46 (2.61 in 2024), below the usual 1.5. Short-term debt is 7.2% and cash 0.5% of total assets. 71.5% 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 35, small). It does better than 47% of them on solvency, 45% on liquidity, 27% on profitability and 48% 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 riskneutral
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
13 days late
2024
31 days early
2023
34 days early
2022
40 days early
2021
31 days early
2020
39 days early
2019
17 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 26 days before the deadline. In the sector (NACE 35), the median for financial year 2024 was 22 days before the deadline, and 27% 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 30 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Caution: Board changedlatest change 26-11-2025 · 2 in office 2 joined · 3 left View
- Positive: Back in profit in 2025after a loss of €178,204 in 2024 €72,772 View
- Positive: More equity than 80% of companies in electricity, gas and steamsector median €424,375 · 350 companies €2.4m View
- Flemish supportawarded from 2022 to 2024 €391,575 View
Recent changes
- · Gazette deed Registered office moved from Maasmechelen to GentNew seat: Kortrijksesteenweg 1071, 9051 Gent · Previous seat: Broekstraat 76, 3630 Maasmechelen
- · Gazette deed 2 directors appointed, 2 directors resigningResignations: Hilde Essers (director) and Johan Teuwen (director) · Appointments: Maarten Michielssens (director) and Koen Decourt (director)
- · Gazette deed Changes of role: TEUWEN Johan Peter Lambert (director) and ESSERS Hilde Anna Ghislaine Cornelius (director)
Companies linked to EcoTess
Comparable companies
These companies have the same main activity as EcoTess: production of electricity from non-renewable sources (NACE 35110). They are comparable in size and age: total assets between €4.6m and €11m, founded between 2017 and 2019.
| Company | Total assets | Gross margin |
|---|---|---|
| EcoTess Gent | €8.3m | €0.7m |
| SolVla Lede | €8.5m | €1.2m |
| ARDO ENERGY BELGIUM Gent | €6.8m | €0.6m |
| HOUXHYDRO Herstal | €5.0m | €0.6m |
| ECoOB Herent | €4.6m | €0.8m |
| TAILFERHYDRO Herstal | €10.8m | €1.7m |
| LES VENTS D'ARPES Tournai | €9.5m | €1.6m |
Key facts about EcoTess
- What is the company number of EcoTess?
- The company number of EcoTess is 0696.628.363. The VAT number is the same number with BE in front: BE 0696.628.363.
- Where is EcoTess based?
- The registered office is at Kortrijksesteenweg 1071, 9051 Gent.Company details
- What does EcoTess do?
- According to the KBO register, the main activity is production of electricity from non-renewable sources (NACE 35110).
- What is the legal form of EcoTess?
- The legal form of EcoTess is Private limited company (BV).
- When was EcoTess founded?
- EcoTess was founded on 18-05-2018.
- Is EcoTess still active?
- Yes, EcoTess is an active enterprise in the KBO register.
- What is the turnover of EcoTess?
- The turnover in financial year 2025 is ≈ €1.8m. This figure is estimated from the gross margin of €747,335 and 2,281 comparable companies of the same size. It probably lies between €1.1m and €3.0m. It is a rough estimate.Financials
- Is EcoTess profitable?
- In financial year 2025, EcoTess made a profit of €72,772.
- Where can I find the annual accounts of EcoTess?
- EcoTess filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EcoTess due?
- EcoTess must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies See the other companies in the same group.MDM HOLDING · 19 companies
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