Financials
Financial year 2025
ECODEC from Herve, company number BE0431700577, closed financial year 2025 with a result of € -78,224 after tax. For that financial year ECODEC recorded a gross margin of € 48,091 and equity of € 145,625. Compared with financial year 2024, the result moved from € 21,111 to € -78,224. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 145,625
▼ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -78,224
▼ still € 21,111 profit in 2024
Profit after tax over the fiscal year.
€ 95,568
▲ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 74,758.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 104,703
▲ 63% vs 2024
€ 52,400 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.
€ 1,099
▲ 243% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 231,511
▲ 114% vs 2024
€ 18,330 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 21,349
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,955
▲ 38% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 151,594 | € 121,622 | € 110,093 | € 48,091 | ▼ 56% |
| Profit after taxes | € 114,446 | € 59,921 | € 21,111 | € -78,224 | ▼ € 99,335 |
| Equity | € 228,477 | € 250,741 | € 229,799 | € 145,625 | ▼ 37% |
| Total debts | € 217,542 | € 202,132 | € 242,136 | € 274,985 | ▲ 14% |
| Cash | € 122,746 | € 105,302 | € 71,395 | € 95,568 | ▲ 34% |
| Retained profit | € 131,950 | € 161,872 | € 152,982 | € 74,758 | ▼ 51% |
| Dividend | € 72,000 | € 30,000 | € 30,000 | € 0 | ▼ 100% |
| Bank debt | € 50,775 | € 99,721 | € 107,950 | € 231,511 | ▲ 114% |
| Balance sheet total | € 446,019 | € 452,873 | € 471,934 | € 420,610 | ▼ 11% |
| Employees (FTE) | - | - | - | 2 |
Key figures of ECODEC, 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 ECODEC?
What happened at ECODEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- TLM ENGINEERING SRL stepped down as director. NBB
- ECOLOGY INVEST SRL stepped down as director. NBB
- POTENS INVEST SRL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 78,224 (▼ € 99,335 vs 2024). Source: NBB ↗
- TLM ENGINEERING SRL became a director. NBB
- ECOLOGY INVEST SRL became a director. NBB
- POTENS INVEST SRL became a director. NBB
- New establishment in Herve. KBO
In short
From € 114,446 profit in 2022 to € 78,224 loss in 2025.
Paid € 47,784 in corporate taxes since 2022.
Best year ever: 2022, with € 114,446 profit.
On average € 24,000 of value added per employee in 2025.
Management
The stake of ECOLOGY INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ECODECThe shares are held by ECOLOGY INVEST (100%).
Directors
According to the 2025 annual accounts
Director · represented by Jérôme TILMAN
Also active at: ECOLOGY INVEST, INNOFACT, VENTFIELD INDUSTRIES
since 2023 · until 2029
Director · represented by Jérôme TILMAN
since 2023 · until 2029
Director · represented by Benjamin BEAURANG
Also active at: B²C GROUP, ECOLOGY INVEST, INNOFACT
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Nazareth 5
4651 Herve
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AUTOMATTIC - Automattic, Inc, US
Domain
Domain
eco-dec.com
Registered
2006-03-17
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2027-03-17
Website info
Features
Security
Network
Details
- Company number
- 0431.700.577
- VAT number
- BE 0431.700.577
- Registered office
- Rue Nazareth 5, 4651 Herve
- Names & denominations
- ECODEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 August 1987
- Peppol
- Active · Active since 25 Nov 2025
- Contact
- eco-dec.com
- Activities · NACE
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