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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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
ECOFOAM from Brussel, company number BE0752839269, closed financial year 2024 with a result of € -53,457 after tax. For that financial year ECOFOAM recorded a gross margin of € 253,323 and equity of € 86,488. Compared with financial year 2023, the result moved from € 97,911 to € -53,457. 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, 2025.
€ 86,488
▼ 38% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -53,457
▼ still € 97,911 profit in 2023
Profit after tax over the fiscal year.
€ 6,064
▼ 70% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 84,988.
People and assets in 2024
€ 249,006
▲ € 189,250 vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 27,526
▼ 48% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 206,467
▲ 249% vs 2023
€ 194,745 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 56,900
Supplier invoices still open on the last day of the fiscal year.
€ 106,233
▲ 136% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 16,594 | € 70,937 | € 236,040 | € 253,323 | ▲ 7% |
| Profit after taxes | € 3,315 | € 37,220 | € 97,911 | € -53,457 | ▼ € 151,368 |
| Equity | € 4,815 | € 42,035 | € 139,945 | € 86,488 | ▼ 38% |
| Total debts | € 45,043 | € 120,122 | € 149,807 | € 383,357 | ▲ 156% |
| Cash | € 12,177 | € 28,889 | € 20,458 | € 6,064 | ▼ 70% |
| Retained profit | € 3,315 | € 40,535 | € 138,445 | € 84,988 | ▼ 39% |
| Bank debt | € 0 | € 34,226 | € 59,155 | € 206,467 | ▲ 249% |
| Balance sheet total | € 49,858 | € 162,156 | € 289,753 | € 469,846 | ▲ 62% |
Key figures of ECOFOAM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ECOFOAM?
What happened at ECOFOAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ECOFOAM is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 53,457 (▼ € 151,368 vs 2023). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,315 profit in 2021 to € 53,457 loss in 2024.
Paid € 41,088 in corporate taxes since 2021.
Best year ever: 2023, with € 97,911 profit.
Establishments
Establishment units
Physical locations of this company
Hoogstraat 298A
1000 Brussel
Hoogstraat 298 box A
1000 Brussel
Active since 21 August 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0752.839.269
- VAT number
- BE 0752.839.269
- Registered office
- Hoogstraat 298A, 1000 Brussel
- Names & denominations
- ECOFOAM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 21 August 2020
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- [email protected]
- Activities · NACE
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