ACTIVE

ECOMAC

Financial year 2024 · closed on 31/12/2024
Net result
82 k €
-81.6% YoY
Revenue
764,9 k €
-40.0% YoY
Equity
2,8 M €
+3.1% YoY
Workforce
1,8 ETP
-40.0% YoY

What does ECOMAC do?

ECOMAC is a Public limited company incorporated in 2001. Its main activity is: Production of electricity. Its registered office is in Hasselt. It employs on average 1,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0474.939.219
Incorporation
06/06/2001
Legal form
Public limited company
Registered office
Ekkelgaarden 16
3500 Hasselt · FlandreSee on map
Contributed capital
2 100 000,00 €
Latest accounts
31/12/2024
Average workforce
1,8 ETP
Joint committees (3)
  • 116
  • 200
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue764,9 k €1,3 M €945 k €690 k €240 k €257,5 k €315 k €2,6 M €4,4 M €567,9 €75,9 k €170,1 k €268,6 k €
EBITDA137,6 k €422 k €200,4 k €80,4 k €133,5 k €169,9 k €304,3 k €-14,1 k €-9,6 k €-9,4 k €-9,4 k €-19,4 k €-23,3 k €28,3 k €388,6 k €-19,3 k €5,5 k €31,2 k €-127,8 k €
Operating result67,5 k €408,4 k €195 k €80,4 k €133,5 k €169,9 k €304,3 k €-14,1 k €-9,6 k €-9,4 k €-9,4 k €-19,4 k €-23,3 k €-86,5 k €270,8 k €-138,6 k €93,5 k €-109,7 k €-500,1 k €
Net result82 k €444,9 k €181,2 k €66,8 k €133,3 k €169,7 k €304,2 k €-14,3 k €-9,8 k €-9,5 k €-9,6 k €-8,8 k €-36,7 k €-61,8 k €325,3 k €-102,9 k €-789,6 k €-107,2 k €-513,8 k €
Balance sheet
Equity2,8 M €2,7 M €2,2 M €2,1 M €2 M €1,9 M €1,7 M €1,4 M €1,4 M €1,4 M €1,4 M €1,4 M €1,4 M €1,5 M €1,5 M €1,2 M €1,3 M €894,4 k €-462,4 k €
Total assets4 M €3 M €2,4 M €2,4 M €2 M €1,9 M €1,7 M €1,4 M €1,4 M €1,4 M €1,4 M €1,4 M €1,4 M €1,5 M €1,6 M €1,2 M €1,4 M €969,4 k €864,4 k €
Cash22,8 k €76,2 k €337,4 k €30,7 k €70,8 k €117,1 k €49,5 k €
Debts1,3 M €328,5 k €185,9 k €363,2 k €17,6 k €15,6 k €3,8 k €1,5 k €726 €363 €363 €2,4 k €4,2 k €55,3 k €13,6 k €5,2 k €11,4 k €51,5 k €1,3 M €
Other
Workforce1,8 ETP3,0 ETP3,0 ETP1,5 ETP0,1 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 33 ended

Active mandates

BEFAS

Director · since 01 septembre 2023 · until 28 juin 2029 · 0458.271.847

Represented by Fabienne SOETAERS

Active
JEMI CONSULT

Managing director · since 01 septembre 2023 · until 28 juin 2029 · 0827.597.565

Represented by Louis MACHIELS

Active
Pampelonne

Director · since 01 septembre 2023 · until 28 juin 2029 · 0781.387.854

Represented by Marieke MEUGENS

Active

Ended mandates

Helena Verjans

Director · since 11 septembre 2020 · until 31 mai 2024

Ended
BEFAS

Director · since 25 mai 2018 · until 18 mars 2021 · 0458.271.847

Represented by Fabienne Soetaers

Ended
BEFAS

Director · since 25 mai 2018 · until 31 mai 2024 · 0458.271.847

Represented by Fabienne Soetaers

Ended
BEFAS

Director · since 25 mai 2018 · until 31 mai 2024 · 0458.271.847

Represented by Fabienne Soetaers

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/08/202509/08/202408/08/202329/07/202206/08/202129/07/2020
General meeting28/06/202528/06/202426/05/202327/05/202228/05/202129/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202428/06/202504/08/2025DutchPDF
Full model31/12/202328/06/202409/08/2024DutchPDF
Full model31/12/202226/05/202308/08/2023DutchPDF
Full model31/12/202127/05/202229/07/2022DutchPDF
Full model31/12/202028/05/202106/08/2021DutchPDF
Full model31/12/201929/05/202029/07/2020DutchPDF
Full model31/12/201803/06/201931/07/2019DutchPDF
Full model31/12/201725/05/201827/07/2018DutchPDF
Full model31/12/201626/05/201720/07/2017DutchPDF
Full model31/12/201527/05/201619/07/2016DutchPDF
Full model31/12/201429/05/201524/07/2015DutchPDF
Full model31/12/201330/05/201415/07/2014DutchPDF
Full model31/12/201231/05/201312/07/2013DutchPDF
Full model31/12/201125/05/201223/07/2012DutchPDF
Full model31/12/201027/05/201112/08/2011DutchPDF
Full model31/12/200928/05/201015/07/2010DutchPDF
Full model31/12/200829/05/200914/07/2009DutchPDF
Full model31/12/200730/05/200827/08/2008DutchPDF
Full model31/12/200625/05/200712/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2024 · 3 active · 33 ended

Active mandates

BEFAS

Director · since 01 septembre 2023 · until 28 juin 2029 · 0458.271.847

Represented by Fabienne SOETAERS

Active
JEMI CONSULT

Managing director · since 01 septembre 2023 · until 28 juin 2029 · 0827.597.565

Represented by Louis MACHIELS

Active
Pampelonne

Director · since 01 septembre 2023 · until 28 juin 2029 · 0781.387.854

Represented by Marieke MEUGENS

Active

Ended mandates

Helena Verjans

Director · since 11 septembre 2020 · until 31 mai 2024

Ended
BEFAS

Director · since 25 mai 2018 · until 18 mars 2021 · 0458.271.847

Represented by Fabienne Soetaers

Ended
BEFAS

Director · since 25 mai 2018 · until 31 mai 2024 · 0458.271.847

Represented by Fabienne Soetaers

Ended
BEFAS

Director · since 25 mai 2018 · until 31 mai 2024 · 0458.271.847

Represented by Fabienne Soetaers

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates28/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/08/2018
    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

Timeline

  1. 2024
    Annual accounts 202482 k €
  2. 2023
    Annual accounts 2023444,9 k €
  3. 2022
    Annual accounts 2022181,2 k €
  4. 2021
    Annual accounts 202166,8 k €
  5. 2020
    Annual accounts 2020133,3 k €
  6. 2019
    Annual accounts 2019169,7 k €
  7. 2018
    Annual accounts 2018304,2 k €
  8. 2017
    Annual accounts 2017-14,3 k €
  9. 2016
    Annual accounts 2016-9,8 k €
  10. 2015
    Annual accounts 2015-9,5 k €
  11. 2014
    Annual accounts 2014-9,6 k €
  12. 2013
    Annual accounts 2013-8,8 k €
  13. 2012
    Annual accounts 2012-36,7 k €
  14. 2011
    Annual accounts 2011-61,8 k €
  15. 2010
    Annual accounts 2010325,3 k €
  16. 2009
    Annual accounts 2009-102,9 k €
  17. 2008
    Annual accounts 2008-789,6 k €
  18. 2007
    Annual accounts 2007-107,2 k €
  19. 2006
    Annual accounts 2006-513,8 k €
  20. 06/06/2001
    IncorporationPublic limited company