ECON is a repair service in Wetteren. Private Limited, started on 11 February 1983, 3 establishments.

What is the address of ECON?

The registered office of ECON is located at Kwatrechtsteenweg 115, 9230 Wetteren.

Is ECON still active?

Yes. According to the CBE (29 October 2026) ECON is active, legal situation “Normale toestand”, started on 11 February 1983.

Is ECON registered on Peppol?

Yes, ECON is registered on the Peppol network with ID 0208:0423696196.

What is the enterprise number of ECON?

The enterprise number of ECON is BE0423696196.

When was ECON founded?

ECON was founded on 11 February 1983.

Who are the directors of ECON?

According to the 2025 annual accounts, the directors of ECON are: Herman Govaert.

Is ECON a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 February 1983; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 3 establishments in the CBE.

How much profit did ECON make in 2025?

ECON recorded a loss after taxes of € 28,834 in financial year 2025.

What is the revenue of ECON?

As a small company, ECON is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -8,615.

ECON (Private Limited) - Wetteren - BE0423696196

Dossier ECON, printed on 29 October 2026 from databakkes.be/en/0423696196/econ. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 3 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ECON from Wetteren, company number BE0423696196, closed financial year 2025 with a result of € -28,834 after tax. For that financial year ECON recorded a gross margin of € -8,615 and equity of € -54,730. Compared with financial year 2024, the result moved from € -21,604 to € -28,834. 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 October 14, 2026.

What it is worth Caution

€ -54,730

▼ € 28,834 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -28,834

▼ 33 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9,365

▲ 86% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -60,936.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 49,525

▲ 37% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 288

▲ 58% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -14,070 Gross margin 2022: € -14,070 First fiscal year in the series	€ -20,380 Gross margin 2023: € -20,380 ▼ € 6,310 vs 2022 (€ -14,070) Unfavourable step	€ -11,520 Gross margin 2024: € -11,520 ▲ € 8,860 vs 2023 (€ -20,380) Favourable step	€ -8,615 Gross margin 2025: € -8,615 ▲ € 2,905 vs 2024 (€ -11,520) Favourable step	▲ € 2,905
Profit after taxes	€ -27,046 Profit after taxes 2022: € -27,046 First fiscal year in the series	€ -33,249 Profit after taxes 2023: € -33,249 ▼ € 6,203 vs 2022 (€ -27,046) Unfavourable step	€ -21,604 Profit after taxes 2024: € -21,604 ▲ € 11,644 vs 2023 (€ -33,249) Favourable step	€ -28,834 Profit after taxes 2025: € -28,834 ▼ € 7,230 vs 2024 (€ -21,604) Unfavourable step	▼ € 7,230
Equity	€ 28,957 Equity 2022: € 28,957 First fiscal year in the series	€ -4,292 Equity 2023: € -4,292 ▼ € 33,249 vs 2022 (€ 28,957) Unfavourable step	€ -25,896 Equity 2024: € -25,896 ▼ € 21,604 vs 2023 (€ -4,292) Unfavourable step	€ -54,730 Equity 2025: € -54,730 ▼ € 28,834 vs 2024 (€ -25,896) Unfavourable step	▼ € 28,834
Total debts	€ 163,077 Total debts 2022: € 163,077 First fiscal year in the series	€ 167,486 Total debts 2023: € 167,486 ▲ 3% vs 2022 (€ 163,077) Unfavourable step	€ 140,397 Total debts 2024: € 140,397 ▼ 16% vs 2023 (€ 167,486) Favourable step	€ 164,499 Total debts 2025: € 164,499 ▲ 17% vs 2024 (€ 140,397) Unfavourable step	▲ 17%
Cash	€ 90,920 Cash 2022: € 90,920 First fiscal year in the series	€ 63,682 Cash 2023: € 63,682 ▼ 30% vs 2022 (€ 90,920) Unfavourable step	€ 5,024 Cash 2024: € 5,024 ▼ 92% vs 2023 (€ 63,682) Unfavourable step	€ 9,365 Cash 2025: € 9,365 ▲ 86% vs 2024 (€ 5,024) Favourable step	▲ 86%
Land & buildings	€ 23,401 Land & buildings 2022: € 23,401 First fiscal year in the series	€ 23,401 Land & buildings 2023: € 23,401 Unchanged (€ 23,401) Unchanged	€ 23,401 Land & buildings 2024: € 23,401 Unchanged (€ 23,401) Unchanged	€ 23,401 Land & buildings 2025: € 23,401 Unchanged (€ 23,401) Unchanged
Retained profit	€ 22,751 Retained profit 2022: € 22,751 First fiscal year in the series	€ -10,497 Retained profit 2023: € -10,497 ▼ € 33,249 vs 2022 (€ 22,751) Unfavourable step	€ -32,102 Retained profit 2024: € -32,102 ▼ € 21,604 vs 2023 (€ -10,497) Unfavourable step	€ -60,936 Retained profit 2025: € -60,936 ▼ € 28,834 vs 2024 (€ -32,102) Unfavourable step	▼ € 28,834
Balance sheet total	€ 192,033 Balance sheet total 2022: € 192,033 First fiscal year in the series	€ 163,194 Balance sheet total 2023: € 163,194 ▼ 15% vs 2022 (€ 192,033) Unchanged	€ 114,501 Balance sheet total 2024: € 114,501 ▼ 30% vs 2023 (€ 163,194) Unchanged	€ 109,768 Balance sheet total 2025: € 109,768 ▼ 4% vs 2024 (€ 114,501) Unchanged	▼ 4%

Key figures of ECON, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to ECON?

What happened at ECON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 14, 2026 New annual accounts for financial year 2025: loss of € 28,834. filed late Source: NBB ↗
2023 Herman Govaert became a director. NBB
Nov 15, 2022 New establishment in Wetteren. KBO
Jul 1, 2012 New establishment in Wetteren. KBO
Feb 11, 1983 New establishment in Gent. KBO
Feb 11, 1983 Start of the company according to the CBE. KBO

In short

From € 27,046 loss in 2022 to € 28,834 loss in 2025.

Paid € 668 in corporate taxes since 2022.

Original PDFs at the National Bank ↗

Management

G.W. 0.4%

The stake of G.W. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ECON

Behind ECON is Herman Govaert. The shares are held by G.W. (0.4%).

Directors

According to the 2025 annual accounts

Herman Govaert

Director

Also active at: SERIMCO, GOSTAR

since 2023

Shareholders

G.W.

0.4%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kwatrechtsteenweg 115

9230 Wetteren

2.021.844.838

Sasstraat 19

9050 Gent

Active since 11 February 1983

2.219.214.104

Kwatrechtsteenweg 114

9230 Wetteren

Active since 1 July 2012

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0423.696.196

VAT number

BE 0423.696.196

Registered office

Kwatrechtsteenweg 115, 9230 Wetteren

Names & denominations

ECON

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

11 February 1983

Peppol

Active · Active since 15 Dec 2025

Activities · NACE

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in motorvoertuigen

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)

Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg

Detailhandel in dranken, algemeen assortiment

Exploitatie van culturele centra en multifunctionele zalen ten behoeve van culturele activiteiten

Detailhandel in onderdelen en accessoires van motorvoertuigen

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

View on CBE Public ↗ Annual accounts (NBB) ↗

ECON

Warning lights

Financials

What happened to ECON?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions