Financials
- Fiscal year
- 2025
- Turnover
- €804,126
- Loss
- -€61,486
- Solvency
- 5.3%
Turnover▲ 89.5%
Net result
20242025
Ecetia Real Estate
ActiveSummary
Ecetia Real Estate has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of -€61,486. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 19% of 5663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Development of residential building projects
NACE 68121Real estate development NACE 41101
1 site
Size
€804,126turnover 2025
- Equity
- €1.4m
- Loss
- -€61,486
Structure
- Parent
- ECETIA INTERCOMMUNALE · 98.94%
- Board
- 4 members
Auditor: CDP Nicolet & C°Accounts 30 d early
Why 85- 1 change of registered office in 24 months- Liquidity: current ratio 13.55, cash €742,575- 1 of the last 3 late+ Size: turnover €804,126, total assets €25.6mShow the evidence
Checked score
Score 2025
85
/ 100
Excellent
Probability in this band: under 0.55%
Better than 55% of its sector peers (NACE 68, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
30=
equity 5.3% of total assets
Liquidity
54=
short-term debt 7.0% · cash 2.9%
Profitability
52-28
return on assets -0.2%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%lowest value
12-2024: 0.1%● 0.0% vs 11-2024lowest value
01-2025: 0.1%● 0.0% vs 12-2024lowest value
02-2025: 0.1%▲ +3.0% vs 01-2025
03-2025: 0.1%▲ +5.8% vs 02-2025
04-2025: 0.1%▲ +8.2% vs 03-2025
05-2025: 0.1%▲ +13.9% vs 04-2025
06-2025: 0.1%▲ +35.6% vs 05-2025
07-2025: 0.2%▲ +42.6% vs 06-2025
08-2025: 0.3%▲ +68.4% vs 07-2025
09-2025: 0.4%▲ +35.5% vs 08-2025
10-2025: 0.8%▲ +92.2% vs 09-2025highest value
11-2025: 0.3%▼ -63.7% vs 10-2025
12-2025: 0.3%● 0.0% vs 11-2025
01-2026: 0.3%● 0.0% vs 12-2025
02-2026: 0.3%▼ -4.0% vs 01-2026
03-2026: 0.7%▲ +152% vs 02-2026
04-2026: 0.7%● 0.0% vs 03-2026
05-2026: 0.6%▼ -7.5% vs 04-2026
06-2026: 0.7%▲ +10.7% vs 05-2026
07-2026: 0.7%▲ +7.2% vs 06-2026
08-2026: 0.4%▼ -50.0% vs 07-2026
09-2026: 0.4%● 0.0% vs 08-2026
10-2026: 0.4%● 0.0% vs 09-2026
- 1 change of registered office in 24 months raises the probability
- Size: turnover €804,126, total assets €25.6m lowers the probability for this profile
- Liquidity: current ratio 13.55, cash €742,575 raises the probability
- 1 of the last 3 late raises the probability
Credit up to €80,000 at 30 days acceptable
Liquidity ample (current ratio 13.55 against 5.52 in 2024; short-term debt: 7% and cash: 2.9% of total assets), but 94.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, medium-sized). Better than this share of them on solvency 23%, liquidity 80%, profitability 60%, growth against the median 58%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 5663 sector peers (2025).
NBB · sector comparisonPosition among 5663 sector peers
Solvency
better than 19%
← 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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
84 d late
2023
22 d early
2022
33 d early
2021
27 d early
2020
18 d early
2019
9 d 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 for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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. Usually files around 4 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
- Resignations: Layla BOUAZZA, Franco IANIERI and…Appointments: Stéphane OCHENDZAN, Jonida SHALJANI…
- Annual accounts filedfiscal year 2025 · full…
- Appointment: CDP Nicolet & C° (commissaire…State Gazette act
Key points
By topic
Board & ownership
- Board
- 4 members
- Parent
- ECETIA INTERCOMMUNALE · 98.94%
- Auditor
- CDP Nicolet & C°
Go to Board & ownership
Network & group
- Connected companies
- 58
Timeline
- Events
- 33
- Since
- 2012
- Next accounts
- by 31-07-2027
- 17-07-2026Resignations: Layla BOUAZZA, Franco IANIERI and 5…
- 01-07-2026Annual accounts filed
- 13-02-2026Appointment: CDP Nicolet & C° (commissaire en…
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 02-07-2012
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 3
- Purpose
- L'octroi, à prix coûtant, de prêts et de crédits aux pouvoirs publics, spécialement les…
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