ACTIVE

ECOMAR

Export PDF

Financial year 2025 · closed on 30/06/2025

Net result

171,2 k €

-66.9% YoY

Gross margin

645,5 k €

-40.5% YoY

Equity

896,3 k €

+19.3% YoY

Workforce

5,8 ETP

0.0% YoY

What does ECOMAR do?

ECOMAR is a Public limited company incorporated in 1991. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Ath. It employs on average 5,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.988.677

Incorporation

12/12/1991

Legal form

Public limited company

Registered office

Chemin du Fundus(M.E) 10 box B
7822 Ath · WallonieSee on map

Contributed capital

61 500,00 €

Latest accounts

30/06/2025

Average workforce

5,8 ETP

Activities (NACE)

46460Wholesale of pharmaceutical goods· main 46460Wholesale of pharmaceutical goods 73200Market research and public opinion polling 73200Market research and public opinion polling 74131Specialised design activities 46150Agents involved in the sale of furniture, household goods, hardware and ironmongery+8

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	645,5 k €	-40.5%	1,1 M €	+30.3%	832,2 k €	+63.6%	508,6 k €	+36.9%	371,5 k €	+28.1%	290,1 k €	+43.7%	201,8 k €	-3.9%	210,1 k €	-22.4%	270,7 k €	+23.0%	220,1 k €	-13.5%	254,6 k €	+16.5%	218,5 k €	+0.1%	218,4 k €	-8.4%	238,5 k €	-1.6%	242,3 k €	+126%	107,1 k €	+47.0%	72,8 k €	+0.6%	72,4 k €	+55.1%	46,6 k €
EBITDA	235,6 k €	-68.3%	742,2 k €	+108%	356,4 k €	+25.0%	285 k €	+24.8%	228,3 k €	+57.0%	145,4 k €	+35.1%	107,6 k €	-7.8%	116,7 k €	+56.3%	74,7 k €	-8.9%	82 k €	-32.0%	120,6 k €	+15.9%	104,1 k €	-6.7%	111,6 k €	+20.4%	92,7 k €	+3.2%	89,8 k €	+57.5%	57 k €	+135%	24,3 k €	-31.3%	35,3 k €	+40.3%	25,2 k €
Operating result	253,5 k €	-64.0%	705,1 k €	+113%	331,4 k €	+82.4%	181,7 k €	-3.9%	189 k €	+81.5%	104,1 k €	+71.9%	60,5 k €	+4.6%	57,9 k €	+153%	22,8 k €	-6.6%	24,5 k €	-45.1%	44,5 k €	+0.5%	44,3 k €	+24.2%	35,7 k €	+28.8%	27,7 k €	+85.8%	14,9 k €	+6.7%	14 k €	+75.1%	8 k €	-18.6%	9,8 k €	+32.2%	7,4 k €
Net result	171,2 k €	-66.9%	517,2 k €	+125%	229,3 k €	+71.2%	134 k €	-5.5%	141,9 k €	+75.7%	80,7 k €	+300%	20,2 k €	+37.6%	14,7 k €	+528%	-3,4 k €	-138%	8,9 k €	-72.6%	32,7 k €	+49.9%	21,8 k €	+43.5%	15,2 k €	+110%	7,2 k €	+254%	-4,7 k €	-1426%	354 €	+406%	70 €	-97.8%	3,2 k €	+172%	1,2 k €
Balance sheet
Equity	896,3 k €	+19.3%	751,6 k €	+85.8%	404,4 k €	+55.5%	260,1 k €	+21.8%	213,5 k €	+27.5%	167,5 k €	+77.3%	94,4 k €	+0.4%	94,1 k €	+3.2%	91,2 k €	-9.2%	100,4 k €	-6.3%	107,2 k €	+2.0%	105,1 k €	+10.8%	94,9 k €	-2.7%	97,5 k €	+0.7%	96,8 k €	-8.2%	105,5 k €	+126%	46,7 k €	+0.2%	46,6 k €	+7.4%	43,4 k €
Total assets	1,4 M €	-13.2%	1,6 M €	+33.3%	1,2 M €	+27.5%	921,7 k €	-5.0%	970,6 k €	+83.6%	528,8 k €	+15.7%	457,1 k €	+1.2%	451,8 k €	-3.8%	469,9 k €	-44.5%	847,1 k €	+13.0%	749,4 k €	-7.1%	806,5 k €	-11.0%	906,6 k €	-34.1%	1,4 M €	+24.9%	1,1 M €	+35.5%	812,8 k €	+84.4%	440,7 k €	+45.1%	303,7 k €	+3.8%	292,7 k €
Cash	266,5 k €	-59.1%	651,1 k €	+18.7%	548,7 k €	+536%	86,2 k €	-1.4%	87,5 k €	+5.5%	82,9 k €	+295%	21 k €	-47.5%	40 k €	+15.9%	34,5 k €	-58.9%	83,8 k €	+52.0%	55,2 k €	-17.4%	66,8 k €	-29.7%	94,9 k €	-53.2%	202,9 k €	+193%	69,2 k €	+175%	25,2 k €	-57.4%	59 k €	+37.8%	42,8 k €	-6.7%	45,9 k €
Debts	421,6 k €	-44.9%	765,8 k €	+6.3%	720,6 k €	+9.8%	656,3 k €	-13.0%	754,4 k €	+111%	358,1 k €	-0.7%	360,6 k €	+2.6%	351,5 k €	-6.7%	376,8 k €	-49.5%	746,8 k €	+16.3%	642 k €	-8.5%	701,4 k €	-13.6%	811,7 k €	-34.5%	1,2 M €	+23.3%	1 M €	+42.1%	706,9 k €	+79.4%	394,1 k €	+53.2%	257,2 k €	+3.2%	249,3 k €
Other
Workforce	5,8 ETP	0.0%	5,8 ETP	+9.4%	5,3 ETP	+10.4%	4,8 ETP	+60.0%	3,0 ETP	-30.2%	4,3 ETP	+26.5%	3,4 ETP	+36.0%	2,5 ETP	-19.4%	3,1 ETP	-11.4%	3,5 ETP	+12.9%	3,1 ETP	+29.2%	2,4 ETP	-11.1%	2,7 ETP	+3.8%	2,6 ETP	-31.6%	3,8 ETP	+153%	1,5 ETP	+36.4%	1,1 ETP	0.0%	1,1 ETP	+22.2%	0,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 2 ended

Active mandates

Dries Welsch

Director

Active

Jan Welsch

Managing director

Active

Ria Nijssen

Director

Active

Ended mandates

Dries Welsch

Director · since 01 janvier 2017

Ended

Maria Nijssen

Director

Ended

At this address

Other companies at this address

Company	CBE no.
CAPITAAL● Active	1025.580.802

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/12/2025	29/12/2024	24/10/2023	12/01/2023	07/01/2022	15/12/2020
General meeting	19/12/2025	23/12/2024	29/09/2023	17/12/2022	18/12/2021	27/11/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	19/12/2025	23/12/2025	French	PDF
Abridged model	30/06/2024	23/12/2024	29/12/2024	French	PDF
Abridged model	30/06/2023	29/09/2023	24/10/2023	French	PDF
Abridged model	30/06/2022	17/12/2022	12/01/2023	French	PDF
Abridged model	30/06/2021	18/12/2021	07/01/2022	French	PDF
Abridged model	30/06/2020	27/11/2020	15/12/2020	French	PDF
Abridged model	30/06/2019	14/12/2019	08/01/2020	French	PDF
Abridged model	30/06/2018	15/12/2018	04/01/2019	French	PDF
Abridged model	30/06/2017	19/12/2017	09/01/2018	French	PDF
Abridged model	30/06/2016	28/12/2016	30/12/2016	French	PDF
Abridged model	30/06/2015	15/12/2015	12/01/2016	French	PDF
Abridged model	30/06/2014	28/11/2014	30/12/2014	French	PDF
Abridged model	30/06/2013	06/01/2014	04/02/2014	Dutch	PDF
Abridged model	30/06/2012	23/11/2012	31/01/2013	Dutch	PDF
Abridged model	30/06/2011	25/11/2011	10/02/2012	Dutch	PDF
Abridged model	30/06/2010	26/11/2010	09/02/2011	Dutch	PDF
Abridged model	30/06/2009	27/11/2009	29/01/2010	Dutch	PDF
Abridged model	30/06/2008	19/12/2008	23/01/2009	Dutch	PDF
Abridged model	30/06/2007	19/12/2007	15/01/2008	Dutch	PDF
Abridged model	30/06/2006	15/12/2006	29/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 2 ended

Active mandates

Dries Welsch

Director

Active

Jan Welsch

Managing director

Active

Ria Nijssen

Director

Active

Ended mandates

Dries Welsch

Director · since 01 janvier 2017

Ended

Maria Nijssen

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring25/07/2025
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring02/05/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates07/09/2023
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates27/01/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates03/01/2013
SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates03/01/2013
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/11/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/04/2009
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025171,2 k €↓
2024
Annual accounts 2024517,2 k €↑
2023
Annual accounts 2023229,3 k €↑
2022
Annual accounts 2022134 k €↓
2021
Annual accounts 2021141,9 k €↑
2020
Annual accounts 202080,7 k €↑
2019
Annual accounts 201920,2 k €↑
2018
Annual accounts 201814,7 k €↑
2017
Annual accounts 2017-3,4 k €↓
2016
Annual accounts 20168,9 k €↓
2015
Annual accounts 201532,7 k €↑
2014
Annual accounts 201421,8 k €↑
2013
Annual accounts 201315,2 k €↑
2012
Annual accounts 20127,2 k €↑
2011
Annual accounts 2011-4,7 k €↓
2010
Annual accounts 2010354 €↑
2009
Annual accounts 200970 €↓
2008
Annual accounts 20083,2 k €↑
2007
Annual accounts 20071,2 k €
12/12/1991
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ECOMAR

Overview

What does ECOMAR do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline