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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ECTECH from Ingelmunster, company number BE0468726665, closed financial year 2025 with a result of € -27,626 after tax. For that financial year ECTECH recorded a gross margin of € 34,112 and equity of € 127,141. Compared with financial year 2024, the result moved from € -21,936 to € -27,626. 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 August 31, 2026.
€ 127,141
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -27,626
▼ 26 % more loss than in 2024
Profit after tax over the fiscal year.
€ 7,299
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -43,159.
People and assets in 2025
€ 30,145
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 32,342
▼ 32% vs 2024
€ 15,595 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 14,714
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,719
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 61,770 | € 33,729 | € 38,108 | € 34,112 | ▼ 10% |
| Profit after taxes | € 15,322 | € -35,685 | € -21,936 | € -27,626 | ▼ € 5,690 |
| Equity | € 212,387 | € 176,702 | € 154,766 | € 127,141 | ▼ 18% |
| Total debts | € 375,835 | € 498,842 | € 322,250 | € 276,584 | ▼ 14% |
| Cash | € 13,180 | € 7,917 | € 8,060 | € 7,299 | ▼ 9% |
| Land & buildings | € 236,173 | € 222,215 | € 208,257 | € 194,299 | ▼ 7% |
| Retained profit | € 42,087 | € 6,402 | € -15,534 | € -43,159 | ▼ € 27,626 |
| Bank debt | € 98,952 | € 103,831 | € 47,289 | € 32,342 | ▼ 32% |
| Balance sheet total | € 588,222 | € 675,543 | € 477,016 | € 403,724 | ▼ 15% |
Key figures of ECTECH, 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 ECTECH?
What happened at ECTECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 27,626. filed late Source: NBB ↗
- New establishment in Ingelmunster. KBO
- Start of the company according to the CBE. KBO
- Francis Stubbe became a director. NBB
In short
From € 15,322 profit in 2022 to € 27,626 loss in 2025.
Paid € 6,322 in corporate taxes since 2022.
Best year ever: 2022, with € 15,322 profit.
Management
Behind ECTECH is Francis Stubbe.
Directors
According to the 2025 annual accounts
Francis Stubbe
Director
since 1999
Establishments
Establishment units
Physical locations of this company
Kortrijkstraat 21
8770 Ingelmunster
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
- 0468.726.665
- VAT number
- BE 0468.726.665
- Registered office
- Kortrijkstraat 21, 8770 Ingelmunster
- Names & denominations
- ECTECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 2000
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
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