ECOSTAL
ActiveSummary
ECOSTAL has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27.11M and a net result of €-2.97M. Equity is growing by ~47.3% per year across the filed fiscal years. Its solvency ranks better than 25% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability22▲+6
Solvency47▼-3
Growth51▼-1
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.4M at 30 days acceptable
Liquidity short (current ratio 0.54 against 0.41 in 2024; short-term debt: 24.8% and cash: 1.3% of total assets), and 77.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.4%
Return on assets
-2.5%
Age of the figures
9 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18192021222425
2018 to 2025 · latest year €-2.97M
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 4886 sector peers (2025).
NBB · sector comparisonPosition among 4886 sector peers
Solvency
better than 25%
← weakest
strongest →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
3 d early
2023
27 d early
2022
14 d early
2021
23 d early
2020
18 d early
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€32.47M▼ 0.1%
2024 · €32.49M
2018: €24.24Mlowest value
2019: €27.64M▲ +14.0% vs 2018
2020: €27.79M▲ +0.6% vs 2019
2021: €48.15M▲ +73.3% vs 2020
2022: €108.31M▲ +125% vs 2021highest value
2024: €32.49M
2025: €32.47M▼ -0.1% vs 2024
2018 → 2025
EBIT margin
1.9%▲ 3.8pp
2024 · -1.9%
2018: 6.0%
2019: 5.7%▼ -5.1% vs 2018
2020: 7.0%▲ +22.7% vs 2019
2021: 8.5%▲ +22.0% vs 2020
2022: 14.7%▲ +72.5% vs 2021highest value
2024: -1.9%lowest value
2025: 1.9%▲ +197% vs 2024
2018 → 2025
Net result
€-2.97M▼ 5.3%
2024 · €-2.82M
2018: €1.06M
2019: €1.20M▲ +13.2% vs 2018
2020: €1.62M▲ +35.2% vs 2019
2021: €3.16M▲ +95.2% vs 2020
2022: €11.92M▲ +277% vs 2021highest value
2024: €-2.82M
2025: €-2.97M▼ -5.3% vs 2024lowest value
2018 → 2025
Working capital
€-13.65M▲ 42.0%
2024 · €-23.55M
2018: €1.18M
2019: €1.38M▲ +17.7% vs 2018
2020: €1.85M▲ +33.4% vs 2019
2021: €2.91M▲ +57.5% vs 2020
2022: €7.81M▲ +169% vs 2021highest value
2024: €-23.55Mlowest value
2025: €-13.65M▲ +42.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Turnover€27.79M-€48.15M▲ 73.3%€108.31M▲ 125%€32.49M▼ 70.0%€32.47M▼ 0.1%
2020: €27.79Mlowest value
2021: €48.15M▲ +73.3% vs 2020
2022: €108.31M▲ +125% vs 2021highest value
2024: €32.49M
2025: €32.47M▼ -0.1% vs 2024
Equity€3.92M-€5.06M▲ 29.2%€11.63M▲ 130%€30.09M▲ 159%€27.11M▼ 9.9%
2020: €3.92Mlowest value
2021: €5.06M▲ +29.2% vs 2020
2022: €11.63M▲ +130% vs 2021
2024: €30.09Mhighest value
2025: €27.11M▼ -9.9% vs 2024
Operating result€1.94M-€4.09M▲ 111%€15.88M▲ 288%€-620k€603k
2020: €1.94M
2021: €4.09M▲ +111% vs 2020
2022: €15.88M▲ +288% vs 2021highest value
2024: €-620klowest value
2025: €603k▲ +197% vs 2024
Net result€1.62M-€3.16M▲ 95.2%€11.92M▲ 277%€-2.82M€-2.97M▼ 5.3%
2020: €1.62M
2021: €3.16M▲ +95.2% vs 2020
2022: €11.92M▲ +277% vs 2021highest value
2024: €-2.82M
2025: €-2.97M▼ -5.3% vs 2024lowest value
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €603k after a loss of €620k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €120.33M
Fixed assets
€104.01M ▼ 0.1%
Current assets
€16.32M ▼ 1.7%
Equity and liabilities €121.06M
Equity
€27.11M ▼ 9.9%
Provisions
€0 ▼ 100%
Debt
€93.94M ▲ 2.6%
Debt's share of the balance-sheet total rises from 75.3% to 77.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€956k▲
2024 · €-370k
Cash flow
€-2.62M▼
2024 · €-2.57M
Current ratio
0.54▲
2024 · 0.41
Quick ratio
0.32▲
2024 · 0.20
Debt to equity
3.47▲
2024 · 3.04
ROE
-11.0%▼
2024 · -9.4%
ROA
-2.5%▼
2024 · -2.3%
Interest coverage
0.26▲
2024 · -0.14
Debt ≤ 1 year
€29.97M▼
2024 · €40.15M
Debt > 1 year
€62.20M▲
2024 · €51.07M
Income taxes
€20k▲
2024 · €2k
Staff costs
€782k▲
2024 · €717k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 91 lines
Balance sheet
Code20242025
Assets
Total assets20/58€121.67M€121.06M▼
Formation expenses20€932k€729k▼
Fixed assets21/28€104.14M€104.01M▼
Intangible fixed assets21€39k€19k▼
Tangible fixed assets22/27€322k€213k▼
Plant, machinery and equipment23€83k€52k▼
Furniture and vehicles24€232k€150k▼
Other tangible fixed assets26€7k€10k▲
Financial fixed assets28€103.78M€103.78M=
Affiliated companies280/1€103.78M€103.78M=
Participating interests280€103.78M€103.78M=
Other financial fixed assets284/8€98€98=
Amounts receivable and cash guarantees285/8€98€98=
Current assets29/58€16.60M€16.32M▼
Stocks and contracts in progress3€8.38M€6.70M▼
Stocks30/36€8.38M€6.70M▼
Goods purchased for resale34€8.38M€6.70M▼
Advance payments36€0-
Amounts receivable within one year40/41€6.39M€8.05M▲
Trade receivables40€4.65M€4.64M▼
Other amounts receivable41€1.74M€3.41M▲
Current investments50/53-€95
Other investments51/53-€95
Cash at bank and in hand54/58€1.75M€1.53M▼
Deferred charges and accrued income490/1€80k€50k▼
Equity and liabilities
Total equity and liabilities10/49€121.67M€121.06M▼
Equity10/15€30.09M€27.11M▼
Contributions10/11€18.10M€18.10M=
Capital10€18.10M€18.10M=
Issued capital100€18.10M€18.10M=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Profit (loss) carried forward14€11.90M€8.93M▼
Investment grants15€79k€76k▼
Provisions and deferred taxes16€9k€0▼
Provisions for liabilities and charges160/5€9k€0▼
Other liabilities and charges164/5€9k€0▼
Amounts payable17/49€91.58M€93.94M▲
Amounts payable after more than one year17€51.07M€62.20M▲
Financial debts170/4€51.07M€62.20M▲
Subordinated loans170€21.30M€21.61M▲
Credit institutions173€29.76M€40.59M▲
Amounts payable within one year42/48€40.15M€29.97M▼
Current portion of amounts payable after more than one year42€4.99M€129k▼
Financial debts43€11.35M€4.91M▼
Credit institutions430/8€11.35M€4.91M▼
Trade debts44€3.49M€4.06M▲
Suppliers440/4€3.49M€4.06M▲
Advances received on contracts in progress46€93k€17k▼
Taxes, remuneration and social security45€508k€392k▼
Taxes450/3€445k€314k▼
Remuneration and social security454/9€63k€78k▲
Other amounts payable47/48€19.73M€20.46M▲
Accrued charges and deferred income492/3€362k€1.77M▲
Income statement
Code20242025
Operating income70/76A€32.91M€32.74M▼
Turnover70€32.49M€32.47M▼
Other operating income74€427k€275k▼
Operating charges60/66A€33.53M€32.14M▼
Goods for resale, raw materials and consumables60€30.08M€28.61M▼
Purchases600/8€24.63M€26.71M▲
Change in stocks: decrease (increase)609€5.45M€1.90M▼
Services and other goods61€2.28M€2.51M▲
Remuneration, social security and pensions62€717k€782k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€249k€353k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€67k€-281k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€9k€-9k▼
Other operating charges640/8€72k€169k▲
Non-recurring operating charges66A€61k€0▼
Operating profit (loss)9901€-620k€603k▲
Financial income75/76B€467k€247k▼
Recurring financial income75€467k€247k▼
Income from current assets751€140k€78k▼
Other financial income752/9€328k€168k▼
Financial charges65/66B€2.67M€3.80M▲
Recurring financial charges65€2.67M€3.80M▲
Debt charges650€2.60M€3.70M▲
Other financial charges652/9€68k€96k▲
Profit (loss) for the period before taxes9903€-2.82M€-2.95M▼
Income taxes67/77€2k€20k▲
Taxes670/3€2k€20k▲
Tax adjustments and reversals of tax provisions77€24€0▼
Profit (loss) for the period9904€-2.82M€-2.97M▼
Profit (loss) for the period to be appropriated9905€-2.82M€-2.97M▼
Appropriation of the result
Profit (loss) to be appropriated9906€11.90M€8.93M▼
Profit (loss) brought forward from the previous period14P€14.72M€11.90M▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)908711.811.4▼
The notes to these accounts (83 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €48.23M | €108.51M | €32.91M | €32.74M | ▼ 0.5% |
| Turnover70 | €27.79M | €48.15M | €108.31M | €32.49M | €32.47M | ▼ 0.1% |
| Other operating income74 | - | €79k | €201k | €427k | €275k | ▼ 35.7% |
| Operating charges60/66A | - | €44.14M | €92.64M | €33.53M | €32.14M | ▼ 4.2% |
| Goods for resale, raw materials and consumables60 | - | €42.66M | €89.35M | €30.08M | €28.61M | ▼ 4.9% |
| Purchases600/8 | - | €49.75M | €100.88M | €24.63M | €26.71M | ▲ 8.4% |
| Change in stocks: decrease (increase)609 | - | €-7.09M | €-11.53M | €5.45M | €1.90M | ▼ 65.1% |
| Services and other goods61 | - | €760k | €2.23M | €2.28M | €2.51M | ▲ 10.5% |
| Remuneration, social security and pensions62 | - | €337k | €444k | €717k | €782k | ▲ 9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €224k | €343k | €538k | €249k | €353k | ▲ 41.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | €33k | €67k | €-281k | ▼ 516% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €9k | €-9k | ▼ 200% |
| Other operating charges640/8 | - | €35k | €46k | €72k | €169k | ▲ 133% |
| Non-recurring operating charges66A | - | - | - | €61k | €0 | ▼ 100% |
| Operating profit (loss)9901 | €1.94M | €4.09M | €15.88M | €-620k | €603k | ▲ 197% |
| Financial income75/76B | - | €300k | €455k | €467k | €247k | ▼ 47.2% |
| Recurring financial income75 | €330k | €300k | €455k | €467k | €247k | ▼ 47.2% |
| Income from current assets751 | - | - | €689 | €140k | €78k | ▼ 43.9% |
| Other financial income752/9 | - | €300k | €455k | €328k | €168k | ▼ 48.6% |
| Non-recurring financial income76B | - | €0 | - | - | - | - |
| Financial charges65/66B | - | €169k | €306k | €2.67M | €3.80M | ▲ 42.4% |
| Recurring financial charges65 | €97k | €169k | €306k | €2.67M | €3.80M | ▲ 42.4% |
| Debt charges650 | €87k | €119k | €233k | €2.60M | €3.70M | ▲ 42.4% |
| Other financial charges652/9 | - | €49k | €74k | €68k | €96k | ▲ 41.0% |
| Non-recurring financial charges66B | - | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €2.17M | €4.22M | €16.03M | €-2.82M | €-2.95M | ▼ 4.6% |
| Income taxes67/77 | €548k | €1.07M | €4.10M | €2k | €20k | ▲ 1,244% |
| Taxes670/3 | - | €1.07M | €4.10M | €2k | €20k | ▲ 1,223% |
| Tax adjustments and reversals of tax provisions77 | - | €7k | €0 | €24 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €1.62M | €3.16M | €11.92M | €-2.82M | €-2.97M | ▼ 5.3% |
| Profit (loss) for the period to be appropriated9905 | €1.62M | €3.16M | €11.92M | €-2.82M | €-2.97M | ▼ 5.3% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12.00M | €23.64M | €41.22M | €121.67M | €121.06M | ▼ 0.5% |
| Formation expenses20 | - | - | - | €932k | €729k | ▼ 21.8% |
| Fixed assets21/28 | €4.44M | €4.46M | €5.72M | €104.14M | €104.01M | ▼ 0.1% |
| Intangible fixed assets21 | €13k | €43k | €36k | €39k | €19k | ▼ 50.8% |
| Tangible fixed assets22/27 | €3.97M | €3.96M | €5.17M | €322k | €213k | ▼ 34.0% |
| Land and buildings22 | - | €2.50M | €3.60M | - | - | - |
| Plant, machinery and equipment23 | - | €1.29M | €1.19M | €83k | €52k | ▼ 37.2% |
| Furniture and vehicles24 | - | €177k | €368k | €232k | €150k | ▼ 35.3% |
| Other tangible fixed assets26 | - | €0 | - | €7k | €10k | ▲ 48.0% |
| Financial fixed assets28 | €462k | €449k | €517k | €103.78M | €103.78M | = |
| Affiliated companies280/1 | - | €438k | €500k | €103.78M | €103.78M | = |
| Participating interests280 | - | €438k | €500k | €103.78M | €103.78M | = |
| Other financial fixed assets284/8 | - | €11k | €17k | €98 | €98 | = |
| Amounts receivable and cash guarantees285/8 | - | €11k | €17k | €98 | €98 | = |
| Current assets29/58 | €7.55M | €19.18M | €35.51M | €16.60M | €16.32M | ▼ 1.7% |
| Stocks and contracts in progress3 | €4.62M | €11.71M | €23.24M | €8.38M | €6.70M | ▼ 20.1% |
| Stocks30/36 | - | €11.71M | €23.24M | €8.38M | €6.70M | ▼ 20.1% |
| Goods purchased for resale34 | - | €11.71M | €23.24M | €8.38M | €6.70M | ▼ 20.1% |
| Advance payments36 | - | - | - | €0 | - | - |
| Amounts receivable within one year40/41 | €2.26M | €6.83M | €11.45M | €6.39M | €8.05M | ▲ 25.9% |
| Trade receivables40 | - | €6.46M | €11.15M | €4.65M | €4.64M | ▼ 0.1% |
| Other amounts receivable41 | - | €372k | €304k | €1.74M | €3.41M | ▲ 95.3% |
| Current investments50/53 | - | - | - | - | €95 | - |
| Other investments51/53 | - | - | - | - | €95 | - |
| Cash at bank and in hand54/58 | €668k | €649k | €786k | €1.75M | €1.53M | ▼ 12.9% |
| Deferred charges and accrued income490/1 | - | €550 | €28k | €80k | €50k | ▼ 37.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12.00M | €23.64M | €41.22M | €121.67M | €121.06M | ▼ 0.5% |
| Equity10/15 | €3.92M | €5.06M | €11.63M | €30.09M | €27.11M | ▼ 9.9% |
| Contributions10/11 | €0 | €100k | €100k | €18.10M | €18.10M | = |
| Capital10 | - | €100k | €100k | €18.10M | €18.10M | = |
| Issued capital100 | - | €100k | €100k | €18.10M | €18.10M | = |
| Outside capital11 | - | €0 | - | - | - | - |
| Other1109/19 | - | €0 | - | - | - | - |
| Reserves13 | €10k | €10k | €10k | €10k | €10k | = |
| Non-distributable reserves130/1 | - | €10k | €10k | €10k | €10k | = |
| Reserves not available under the articles1311 | - | €10k | €10k | €10k | €10k | = |
| Profit (loss) carried forward14 | €3.64M | €4.80M | €11.41M | €11.90M | €8.93M | ▼ 25.0% |
| Investment grants15 | - | €148k | €114k | €79k | €76k | ▼ 3.0% |
| Provisions and deferred taxes16 | - | - | - | €9k | €0 | ▼ 100% |
| Provisions for liabilities and charges160/5 | - | - | - | €9k | €0 | ▼ 100% |
| Other liabilities and charges164/5 | - | - | - | €9k | €0 | ▼ 100% |
| Amounts payable17/49 | €8.08M | €18.58M | €29.59M | €91.58M | €93.94M | ▲ 2.6% |
| Amounts payable after more than one year17 | €2.35M | €2.28M | €1.83M | €51.07M | €62.20M | ▲ 21.8% |
| Financial debts170/4 | - | €2.28M | €1.83M | €51.07M | €62.20M | ▲ 21.8% |
| Subordinated loans170 | - | - | - | €21.30M | €21.61M | ▲ 1.4% |
| Credit institutions173 | - | €2.28M | €1.83M | €29.76M | €40.59M | ▲ 36.4% |
| Amounts payable within one year42/48 | €5.71M | €16.28M | €27.70M | €40.15M | €29.97M | ▼ 25.3% |
| Current portion of amounts payable after more than one year42 | - | €564k | €634k | €4.99M | €129k | ▼ 97.4% |
| Financial debts43 | - | €8.49M | €11.06M | €11.35M | €4.91M | ▼ 56.7% |
| Credit institutions430/8 | - | €8.49M | €11.06M | €11.35M | €4.91M | ▼ 56.7% |
| Trade debts44 | €1.37M | €3.76M | €7.85M | €3.49M | €4.06M | ▲ 16.5% |
| Suppliers440/4 | - | €3.76M | €7.85M | €3.49M | €4.06M | ▲ 16.5% |
| Advances received on contracts in progress46 | - | €199k | €0 | €93k | €17k | ▼ 81.3% |
| Taxes, remuneration and social security45 | - | €1.26M | €3.16M | €508k | €392k | ▼ 22.9% |
| Taxes450/3 | - | €1.23M | €3.10M | €445k | €314k | ▼ 29.5% |
| Remuneration and social security454/9 | - | €29k | €56k | €63k | €78k | ▲ 24.5% |
| Other amounts payable47/48 | - | €2.00M | €5.00M | €19.73M | €20.46M | ▲ 3.7% |
| Accrued charges and deferred income492/3 | - | €24k | €60k | €362k | €1.77M | ▲ 389% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.62M | €3.16M | €11.92M | €-2.82M | €-2.97M | ▼ 5.3% |
| + Depreciation and write-downs630 | €224k | €343k | €538k | €249k | €353k | ▲ 41.5% |
| Operating cash flow (approximation) | €1.84M | €3.50M | €12.46M | €-2.57M | €-2.62M | ▼ 1.7% |
| Investment in fixed assets (approximation) | - | €-358k | €-1.80M | - | €-224k | - |
| Change in cash | - | €-19k | €137k | - | €-227k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-09
State Gazette act
Appointment: BDO Réviseurs d'entreprises SRL (commissaire aux comptes)2 facts ▸
State Gazette act
Appointment: BDO Réviseurs d'entreprises SRL (commissaire aux comptes)
2 facts ▸
- General meeting, 16-07-2026
- Auditor appointment, BDO Réviseurs d'entreprises SRL (commissaire aux comptes)
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-2.97M
Net result drops to €-2.97M, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
19-05
State Gazette act
RestructuringMerger · Accounting effect · Net-asset statement8 facts ▸
State Gazette act
Restructuring
Merger · Accounting effect · Net-asset statement8 facts ▸
- Board meeting, 30-04-2025
- Merger, fusion par absorption
- Accounting effect, 01-01-2025
- Net-asset statement, 31-12-2024
- Real estate, Immeuble sis à: parc d'activité < Transvaal », module d'entreprise 29, selon le cadastre « magasin >, avec les dépendances sur et dans le sol, situé WINDHOEK 29…
- Real estate, Droit d'usage sur une parcelle de terrain dans le parc d'activités «Transvaal», situé WINDHOEK 29 A, cadastré selon le titre et l'extrait cadastral actuel: sect…
- Power of attorney, DELOITTE ACCOUNTANCY SRL
- Articles modification, englober l'objet et les activités de la Société Absorbée
2024
31-12
Financial
Equity above €25MEq €30.09M ▲159%
Equity rises from €11.63M to €30.09M.
24-12
State Gazette act
Resignation: CPMPartners (director)Appointment: ECOSTAL GROUP (director) · Permanent representatives: PIRON Christophe and Alexander de Wit · Capital increase12 facts ▸
State Gazette act
Resignation: CPMPartners (director)
Appointment: ECOSTAL GROUP (director) · Permanent representatives: PIRON Christophe and Alexander de Wit · Capital increase12 facts ▸
- General meeting, 19-12-2024
- Board meeting, 04-12-2024
- Board meeting, 19-12-2024
- Capital increase, €18.000.000
- Capital, €18.100.000
- Statutes amendment
- Director resignation, CPMPartners (director)
- Director resignation, CPMPartners (daily management delegate)
- Director appointment, ECOSTAL GROUP (director)
- Director appointment, ECOSTAL GROUP (daily management delegate)
- Permanent representative, PIRON Christophe
- Permanent representative, Alexander de Wit
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
20-03
State Gazette act
Resignation: Rewise SRL (statutory auditor)Appointment: BDO Réviseurs d'entreprises (statutory auditor) · Permanent representative: Christophe PELZER · Mandate compensation5 facts ▸
State Gazette act
Resignation: Rewise SRL (statutory auditor)
Appointment: BDO Réviseurs d'entreprises (statutory auditor) · Permanent representative: Christophe PELZER · Mandate compensation5 facts ▸
- General meeting, 31-12-2023
- Director resignation, Rewise SRL (statutory auditor)
- Auditor appointment, BDO Réviseurs d'entreprises (statutory auditor)
- Permanent representative, Christophe PELZER (permanent representative)
- Mandate compensation, BDO Réviseurs d'entreprises
2023
13-11
State Gazette act
Resignations & appointments · MiscellaneousBoard meeting1 fact ▸
State Gazette act
Resignations & appointments · Miscellaneous
Board meeting1 fact ▸
- Board meeting, 03-10-2023
09-10
State Gazette act
Capital & shares · Statutes amendment · Resignations & appointments · RestructuringPermanent representatives: Yves WARNANT, Stéphane DAUVISTER and Christophe PIRON · Demerger · Share issue17 facts ▸
State Gazette act
Capital & shares · Statutes amendment · Resignations & appointments · Restructuring
Permanent representatives: Yves WARNANT, Stéphane DAUVISTER and Christophe PIRON · Demerger · Share issue17 facts ▸
- General meeting, 25-09-2023
- Demerger, partial split by absorption, patrimoine immobilier
- Share issue, 13421
- Real estate, La pleine propriété d'un terrain situé à Alleur
- Real estate, Le droit d'emphytéose sur un terrain situé à Cerexhe-Heuseux, ainsi que la pleine propriété des constructions y érigées, à savoir un bâtiment industriel.
- Accounting effect, 01-07-2023
- Capital decrease, €25.167,18
- Capital increase, €25.167,18
- Capital, €100.000
- Power of attorney, Yves WARNANT
- Permanent representative, Yves WARNANT
- Permanent representative, Stéphane DAUVISTER
- +5 further facts in this act
23-08
State Gazette act
RestructuringDemerger1 fact ▸
State Gazette act
Restructuring
Demerger1 fact ▸
- Demerger, scission partielle par absorption
Show earlier events
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €11.92M ▲277%
Operating result €15.88M, net result €11.92M, both a record.
31-12
Financial
Equity above €10MEq €11.63M ▲130%
5 profitable years in a row build equity to €11.63M.
16-11
State Gazette act
Reappointment: REWISE (statutory auditor)2 facts ▸
State Gazette act
Reappointment: REWISE (statutory auditor)
2 facts ▸
- General meeting, 21-06-2022
- Auditor reappointment, REWISE (statutory auditor)
19-07
State Gazette act
Capital & shares · RestructuringDemerger · Capital decrease · Capital increase11 facts ▸
State Gazette act
Capital & shares · Restructuring
Demerger · Capital decrease · Capital increase11 facts ▸
- General meeting, 29-06-2022
- Demerger, scission sans dissolution, gestion patrimoniale et immobilière
- Capital decrease, €6.386,37
- Capital increase, €6.386,37
- Capital, €100.000
- Power of attorney, LOT Claudio
- Power of attorney, LOT Claudio
- Scission project, 06-05-2022, 16-05-2022
- Expert report, 27-06-2022
- Asset transfer, immeuble en pleine propriété
- Suspensive condition, approbation par la société bénéficiaire de la présente opération de scission partielle
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
16-05
State Gazette act
RestructuringDemerger1 fact ▸
State Gazette act
Restructuring
Demerger1 fact ▸
- Demerger, scission partielle par constitution d'une société nouvelle
2021
31-12
Financial
Equity above €5MEq €5.06M ▲29.2%
4 profitable years in a row build equity to €5.06M.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
21-04
State Gazette act
Resignation: ESSENSIS CONSULT (manager)Appointment: ESSENSIS CONSULT (sole director) · Permanent representative: LOT Claudio · Legal-form conversion9 facts ▸
State Gazette act
Resignation: ESSENSIS CONSULT (manager)
Appointment: ESSENSIS CONSULT (sole director) · Permanent representative: LOT Claudio · Legal-form conversion9 facts ▸
- General meeting, 25-03-2021
- Legal-form conversion, SRL to SA
- Net-asset statement, 31-12-2020
- Capital, €100.000
- Director resignation, ESSENSIS CONSULT (manager)
- Director appointment, ESSENSIS CONSULT (sole director)
- Permanent representative, LOT Claudio
- Mandate compensation, ESSENSIS CONSULT
- Capital conversion, EUR, 100000
2020
11-12
State Gazette act
Registered office · Legal-form changeRegistered-office move2 facts ▸
State Gazette act
Registered office · Legal-form change
Registered-office move2 facts ▸
- Board meeting, 13-10-2020
- Registered-office move, Rue du Relais, 1 à 4632 CEREXHEE-HEUSEUX
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
18-10
State Gazette act
Appointment: S.C.P.R.L. PASCAL CELEN, REVISEUR D'ENTREPRISES (statutory auditor)Permanent representative: Pascal CELEN3 facts ▸
State Gazette act
Appointment: S.C.P.R.L. PASCAL CELEN, REVISEUR D'ENTREPRISES (statutory auditor)
Permanent representative: Pascal CELEN3 facts ▸
- General meeting, 20-08-2019
- Auditor appointment, S.C.P.R.L. PASCAL CELEN, REVISEUR D'ENTREPRISES (statutory auditor)
- Permanent representative, Pascal CELEN
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 13 days late
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 2 days late
2016
29-02
State Gazette act
Resignations: Thema Invest SA (manager) and Aldadeal, SPRL (manager)Permanent representatives: Stéphane DAUVISTER, Alexandre DAUVISTER and Claudio LOT · Appointment: Essensis Consult SPRL (manager)7 facts ▸
State Gazette act
Resignations: Thema Invest SA (manager) and Aldadeal, SPRL (manager)
Permanent representatives: Stéphane DAUVISTER, Alexandre DAUVISTER and Claudio LOT · Appointment: Essensis Consult SPRL (manager)7 facts ▸
- General meeting, 21-01-2016
- Director resignation, Thema Invest SA (manager)
- Permanent representative, Stéphane DAUVISTER
- Director resignation, Aldadeal, SPRL (manager)
- Permanent representative, Alexandre DAUVISTER
- Director appointment, Essensis Consult SPRL (manager)
- Permanent representative, Claudio LOT
2012
12-12
State Gazette act
Resignation: Stéphane Dauvister (manager)Appointment: Théma Invest S.A. (manager) · Permanent representative: Stéphane Dauvister · Director discharge5 facts ▸
State Gazette act
Resignation: Stéphane Dauvister (manager)
Appointment: Théma Invest S.A. (manager) · Permanent representative: Stéphane Dauvister · Director discharge5 facts ▸
- General meeting, 05/11/2012
- Director resignation, Stéphane Dauvister (manager)
- Director discharge, Stéphane Dauvister
- Director appointment, Théma Invest S.A. (manager)
- Permanent representative, Stéphane Dauvister
22-08
State Gazette act
Resignation: Alexandre Dauvister (manager)Appointment: Aldadeal SPRL (manager) · Permanent representative: Alexandre Dauvister4 facts ▸
State Gazette act
Resignation: Alexandre Dauvister (manager)
Appointment: Aldadeal SPRL (manager) · Permanent representative: Alexandre Dauvister4 facts ▸
- General meeting, 25-06-2012
- Director resignation, Alexandre Dauvister (manager)
- Director appointment, Aldadeal SPRL (manager)
- Permanent representative, Alexandre Dauvister
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
16 of 17 acts read
About the unread acts
Of the 17 Belgian State Gazette acts we know for this company, 16 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 directors, last change in 2024
ECOSTAL GROUP
CurrentDirector · since 19-12-2024 · Public limited company · perm. rep.: Alexander de Wit
ESSENSIS CONSULT
CurrentSole director · since 25-03-2021 · Private limited company · perm. rep.: LOT Claudio
Essensis Consult SPRL
Not recently confirmedManager · since 21-01-2016 · Legal entity · perm. rep.: Claudio LOT
THEMA INVEST
Not recently confirmedManager · since 05-11-2012 · Public limited company · perm. rep.: Stéphane Dauvister
Dauvister Consulting
Not recently confirmedManager · since 25-06-2012 · Private limited company · perm. rep.: Alexandre Dauvister
19-12-2024
ECOSTAL GROUP: Appointed as Director
19-12-2024
ECOSTAL GROUP: Appointed as Daily management delegate
19-12-2024
CPMPartners: Resigned as Director
19-12-2024
CPMPartners: Resigned as Daily management delegate
25-03-2021
ESSENSIS CONSULT: Resigned as Manager
Not every act has been read: a resignation may be missing here
1 of this company's 17 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Soumagne · 1 establishment unit since 2008
Ground area
1.1 ha
Parcel 62021A0212/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ECOSTAL
since 20082.173.536.012
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62021A0212/00A000 | Wallonia | 1.1 ha | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
2 auditors| BDO Réviseurs d'Entreprises SRLCurrent Commissaire aux comptes · represented by Christophe Pelzer | 31-12-2023 → present |
| REWISECurrent Statutory auditor | 01-01-2023 → present |
Show 1 earlier auditors
| S.C.P.R.L. PASCAL CELEN. REVISEUR D'ENTREPRISES Statutory auditor · represented by Pascal CELEN succeeded by REWISE in 2023 | 20-08-2019 → 01-01-2023 |
Articles of association
Purpose
La société a pour objet, tant pour son propre compte que pour compte de tiers, en Belgique ou à l'étranger, la commercialisation, au gros ou au détail, de tous les produits…
Full purpose
La société a pour objet, tant pour son propre compte que pour compte de tiers, en Belgique ou à l'étranger, la commercialisation, au gros ou au détail, de tous les produits utilisés dans le secteur des énergies renouvelables, des produits de chauffage et de sanitaires. D'une manière générale, elle peut accomplir toutes les opérations généralement quelconques, commerciales, industrielles, financières, mobilières et immobilières se rapportant directement ou indirectement à son objet social. Elle pourra s'intéresser par toutes voies dans toutes affaires, entreprises ou sociétés ayant un objet identique, analogue, similaire ou connexe ou qui sont de nature à favoriser le développement de son entreprise, à lui procurer des matières premières ou à faciliter l'écoulement de ses produits.
Structure & network
Connections & network
1 connected companyLinked via shared directors
Shared corporate director
→
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Acquisitions and mergers
4 transactionsTook over:PROJECT 0 SRL
Received in a demerger part of:SART GARE IMMO
Split off to:SART GARE IMMO
Split off to:ESSENSIS CONSULT SRL
Capital and shareholders
Capital over the years
- 24-12-2024 Capital increase of 18,000,000 EUR · to 18,100,000 EUR · 180,000 new shares · in kind
- 09-10-2023 Capital reduction of 25,167.18 EUR · to 74,832.82 EUR
- 09-10-2023 Capital increase of 25,167.18 EUR · to 100,000 EUR
- 19-07-2022 Capital reduction of 6,386.37 EUR · to 93,613.63 EUR
- 19-07-2022 Capital increase of 6,386.37 EUR · from reserves
- 21-04-2021 Capital stated in the act · 100,000 EUR · 1,000 shares
Recognitions · licences · registrations
Legal Entity Identifier
549300LV6B0B31JDQD50
Similar companies · same sector, comparable size
B - CABLES
BE 0447.830.192
Lokeren · Eq €25.14M
ENECO SOLAR BELGIUM
BE 0819.431.848
Gent · Eq €30.87M
ANIXTER BELGIUM
BE 0436.252.550
Willebroek · Eq €23.59M
J.S.T. BELGIUM
BE 0417.530.659
Kampenhout · Eq €21.41M
TP VISION BELGIUM
BE 0837.960.234
Gent · Eq €21.14M
Of 1,246 companies in sector 46643 we hold annual accounts for 954. 159 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded22-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
46836Wholesale trade
46842Wholesale trade
47527Retail trade
Scores and ratios are computed by Checked and are not a credit decision.