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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
EECO HOLDING from Brussel, company number BE0649842590, closed financial year 2025 with a result of € 4.9 million after tax. Compared with financial year 2024, the result moved from € 3.5 million to € 4.9 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 19.4 million
▲ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.9 million
▲ 41% vs 2024
Profit after tax over the fiscal year.
€ 6.8 million
▲ 289% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 6.9 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,913
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 6,398,963 | € 8,847,916 | € 3,488,038 | € 4,929,965 | ▲ 41% |
| Equity | € 17,590,086 | € 21,938,002 | € 14,425,040 | € 19,355,005 | ▲ 34% |
| Total debts | € 33,515,342 | € 22,691,675 | € 20,616,830 | € 5,913 | ▼ € 20.6 million |
| Cash | € 6,726,358 | € 3,100,237 | € 1,760,908 | € 6,848,865 | ▲ 289% |
| Retained profit | € 5,181,993 | € 9,529,909 | € 2,016,947 | € 6,946,912 | ▲ 244% |
| Dividend | € 6,900,000 | € 4,500,000 | € 11,001,000 | € 0 | ▼ 100% |
| Bank debt | € 26,282,903 | € 18,068,261 | € 9,545,811 | € 0 | ▼ 100% |
| Balance sheet total | € 51,105,428 | € 44,629,677 | € 35,041,870 | € 19,360,918 | ▼ 45% |
Key figures of EECO HOLDING, 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 EECO HOLDING?
What happened at EECO HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nuno Cruz stepped down as director. NBB
- Werner Engel stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.9 million (▲ 41% vs 2024). Source: NBB ↗
- Nuno Cruz became a director. NBB
- Werner Engel became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 6.4 million profit in 2022 to € 4.9 million profit in 2025.
Paid € 60,509 in corporate taxes since 2022.
Best year ever: 2023, with € 8.8 million profit.
Paid out € 22.4 million in dividends to the owners in total.
Management
The shares are held by MM STELLA Co (33.3%), Caisse des Dépôts et consignations (33.3%) and Syensqo Participations Belgique (33.3%). It owns 100% of Cogénération Spinetta S.P.A. itself.
Directors
According to the 2025 annual accounts
Nuno Cruz
Chairman of the board
since 2024 · until 2030
Werner Engel
Director
Also active at: SOLVAY PARTICIPATIONS BELGIQUE, Syensqo Stock Option Management
since 2023 · until 2028
Shareholders
Participations
Cogénération Spinetta S.P.A.
100%
Establishments
Establishment units
Physical locations of this company
Raketstraat 98
1130 Brussel
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 →SYENSQO PARTICIPATIONS BELGIQUE same network
SYENSQO
SYENSQO SPECIALTY POLYMERS BELGIUM
€ 219.3 million revenue · 2023
Syensqo Stock Option Management same network
€ 600,000 revenue · 2025
Fonds Hannon bis
+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
- 0649.842.590
- VAT number
- BE 0649.842.590
- Registered office
- Raketstraat 98, 1130 Brussel
- Names & denominations
- EECO HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 March 2016
- Peppol
- Not registered