Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2026; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
ECO - SYSTEM - ENGINEERING from Ittre, company number BE0421538145, closed financial year 2026 with a result of € 66,221 after tax. For that financial year ECO - SYSTEM - ENGINEERING recorded a gross margin of € 67,364 and equity of € -152,444. Compared with financial year 2025, the result moved from € -1,766 to € 66,221. Profitable, and profit is growing. 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 October 23, 2026.
€ -152,444
▲ € 66,221 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66,221
▲ still € 1,766 loss in 2025
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -301,180.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2026
€ 5,235
▲ 28% vs 2025
Loans from banks and other lenders, long and short.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € -1,125 | € -563 | € -923 | € 67,364 | ▲ € 68,287 |
| Profit after taxes | € -1,792 | € -51,254 | € -1,766 | € 66,221 | ▲ € 67,987 |
| Equity | € -165,644 | € -216,898 | € -218,664 | € -152,444 | ▲ € 66,221 |
| Total debts | € 215,991 | € 216,898 | € 218,664 | € 152,444 | ▼ 30% |
| Retained profit | € -314,380 | € -365,634 | € -367,400 | € -301,180 | ▲ € 66,221 |
| Bank debt | € 2,663 | € 3,248 | € 4,091 | € 5,235 | ▲ 28% |
| Balance sheet total | € 50,347 | € 0 | € 0 | € 0 |
Key figures of ECO - SYSTEM - ENGINEERING, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to ECO - SYSTEM - ENGINEERING?
What happened at ECO - SYSTEM - ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 66,221. Source: NBB ↗
- New establishment in Ittre. KBO
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,792 loss in 2023 to € 66,221 profit in 2026.
Best year ever: 2026, with € 66,221 profit.
Management
The stake of Cartonex comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ECO - SYSTEM - ENGINEERINGBehind ECO - SYSTEM - ENGINEERING is Thierry DEWULF. The shares are held by Cartonex (20.8%).
Directors
According to the 2026 annual accounts
Thierry DEWULF
Managing director
Shareholders
20.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Cardinal Mercier 2
1460 Ittre
Sint-Antoonplein 12
1040 Etterbeek
Active since 1 May 1981
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.538.145
- VAT number
- BE 0421.538.145
- Registered office
- Rue Cardinal Mercier 2, 1460 Ittre
- Names & denominations
- ECO - SYSTEM - ENGINEERING · E.S.E.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 April 1981
- Peppol
- Not registered
- Activities · NACE
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