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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
91 other companies have their registered office at the same address; threshold 10.
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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
ECOJET from Elsene, company number BE0664850371, closed financial year 2025 with a result of € -139,467 after tax. For that financial year ECOJET recorded a gross margin of € -31,630 and equity of € -379,541. Compared with financial year 2024, the result moved from € -101,440 to € -139,467. 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 13, 2026.
€ -379,541
▼ € 139,467 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -139,467
▼ 37 % more loss than in 2024
Profit after tax over the fiscal year.
€ 63,883
▲ 260% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -444,541.
People and assets in 2025
€ 140,102
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 288,195
▲ 16% vs 2024
Loans from banks and other lenders, long and short.
€ 55,999
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 93,874 | € 127,777 | € 35,462 | € -31,630 | ▼ € 67,092 |
| Profit after taxes | € 3,075 | € -11,195 | € -101,440 | € -139,467 | ▼ € 38,027 |
| Equity | € -127,439 | € -138,634 | € -240,074 | € -379,541 | ▼ € 139,467 |
| Total debts | € 694,468 | € 630,079 | € 608,454 | € 634,849 | ▲ 4% |
| Cash | € 2,842 | € 8,633 | € 17,732 | € 63,883 | ▲ 260% |
| Retained profit | € -192,439 | € -203,634 | € -305,074 | € -444,541 | ▼ € 139,467 |
| Bank debt | € 373,952 | € 298,209 | € 247,477 | € 288,195 | ▲ 16% |
| Balance sheet total | € 567,029 | € 491,445 | € 368,380 | € 255,308 | ▼ 31% |
Key figures of ECOJET, 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 ECOJET?
What happened at ECOJET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 139,467. filed late Source: NBB ↗
- Artus BLAY de MALHERBE became a director. NBB
- Hubert BLAY de MALHERBE became a director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,075 profit in 2022 to € 139,467 loss in 2025.
Best year ever: 2022, with € 3,075 profit.
Management
Behind ECOJET are Artus BLAY de MALHERBE and Hubert BLAY de MALHERBE. The shares are held by EVOLUTION SAS (70%) and MALHERBE PARIS SA (30%).
Directors
According to the 2025 annual accounts
Artus BLAY de MALHERBE
Director
since 2022
Hubert BLAY de MALHERBE
Director
since 2022
Shareholders
EVOLUTION SAS
70%
MALHERBE PARIS SA
30%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 240 box 14
1050 Elsene
Rue de Mulhouse 36
4020 Liège
Active since 21 October 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 91 companies are registered at this address.
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+86 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
- 0664.850.371
- VAT number
- BE 0664.850.371
- Registered office
- Louizalaan 240 bus 14, 1050 Elsene
- Names & denominations
- ECOJET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 October 2016
- Peppol
- Not registered
- Activities · NACE
Verhuur en lease van luchtvaartuigen