Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2023; threshold 65 %.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
ECO - LOGIC from Nivelles, company number BE0415053003, closed financial year 2023 with a result of € -358,329 after tax. For that financial year ECO - LOGIC recorded a gross margin of € -92,833 and equity of € -1.1 million. Compared with financial year 2022, the result moved from € 619,791 to € -358,329. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2024.
€ -1.1 million
▼ € 358,329 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -358,329
▼ still € 619,791 profit in 2022
Profit after tax over the fiscal year.
€ 1,400
▼ 88% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.9 million.
People and assets in 2023
5.7
▼ 0.1 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 197,752
▼ 6% vs 2022
€ 34,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 285
▼ 84% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 310,957
▼ 13% vs 2022
€ 97,949 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 297,478
▲ 30% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 22,853
▼ 64% vs 2022
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € -104,708 | € -92,833 | ▲ € 11,876 |
| Profit after taxes | € 619,791 | € -358,329 | ▼ € 978,120 |
| Equity | € -726,892 | € -1,085,221 | ▼ € 358,329 |
| Total debts | € 1,071,482 | € 1,329,974 | ▲ 24% |
| Cash | € 12,008 | € 1,400 | ▼ 88% |
| Retained profit | € -1,515,477 | € -1,873,806 | ▼ € 358,329 |
| Bank debt | € 357,556 | € 310,957 | ▼ 13% |
| Balance sheet total | € 344,590 | € 244,753 | ▼ 29% |
| Employees (FTE) | 5.8 | 5.7 | ▼ 0.1 |
Key figures of ECO - LOGIC, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to ECO - LOGIC?
What happened at ECO - LOGIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ECO - LOGIC is active according to the CBE. Legal situation: Opening faillissement.
- Jean-Paul Boon stepped down as director. NBB
- Bernard Persoons stepped down as director. NBB
- New annual accounts for financial year 2023: loss of € 358,329 (▼ € 978,120 vs 2022). Source: NBB ↗
- New establishment in Elsene. KBO
- New establishment in Mons. KBO
- New establishment in La Hulpe. KBO
- Start of the company according to the CBE. KBO
In short
From € 619,791 profit in 2022 to € 358,329 loss in 2023.
Paid € 0 in corporate taxes since 2022.
Best year ever: 2022, with € 619,791 profit.
Management
The stake of BDE INVEST, PERSOONS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ECO - LOGICThe shares are held by BDE INVEST (40.2%) and PERSOONS (29.9%).
Directors
According to the 2023 annual accounts
Jean-Paul Boon
Director
· until 2025
Bernard Persoons
Managing director
Also active at: ASBL EPHEC-GALILEE, International Business Software Consulting, PERSOONS, BIsoft, LE BOUCHE A OREILLE, BAO - Elan Vital, BDE INVEST, BDE-Research +1 more
· until 2025
Shareholders
40.2%
29.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Thomas Edison 95
1402 Nivelles
Square Marie-Pouli 3
1310 La Hulpe
Active since 1 October 2017
Rue de la Petite Guirlande 16
7000 Mons
Active since 15 February 2018
François Donsstraat 1
1050 Elsene
Active since 2 November 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Bisoft same network
€ 1.1 million gross margin · 2025
BDE INVEST same network
€ 99,610 gross margin · 2025
Unité TVA BDE
CHISPAS AMAZONICAS
BDE-Research same network
€ 163,698 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.053.003
- VAT number
- BE 0415.053.003
- Registered office
- Avenue Thomas Edison 95, 1402 Nivelles
- Names & denominations
- ECO - LOGIC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 6 March 1975
- Peppol
- Not registered
- Activities · NACE
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