EKO
0478.303.733 · rovalta.com · 24/09/2026
ACTIVE
EKO
Financial year 2025 · closed on 31/12/2025
Net result
1,3 M €
-28.8% YoY
Gross margin
2 M €
-6.2% YoY
Equity
16,7 M €
+7.7% YoY
Workforce
3,4 ETP
0.0% YoY
Overview
What does EKO do?
EKO is a Public limited company incorporated in 2002. Its main activity is: Operation of arts facilities. Its registered office is in Oostende. It employs on average 3,4 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0478.303.733
Incorporation
11/09/2002
Legal form
Public limited company
Registered office
Kursaal-Westhelling 12
8400 Oostende · FlandreSee on map
8400 Oostende · FlandreSee on map
Contributed capital
1 087 678,88 €
Latest accounts
31/12/2025
Average workforce
3,4 ETP
Activities (NACE)
Joint committees (4)
- 100
- 218
- 304
- 323
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 2 M € | -6.2% | 2,1 M € | +33.4% | 1,6 M € | +62.2% | 992,6 k € | -1.2% | 1 M € | +20.4% | 833,8 k € | -14.7% | 977,9 k € | -2.2% | 999,6 k € | -9.2% | 1,1 M € | -3.8% | 1,1 M € | +393% | -391,1 k € | +21.4% | -497,7 k € | +4.3% | -520,1 k € | -37.1% | -379,4 k € | +48.1% | -730,6 k € | – | – | – | – | – | |||||
| EBITDA | 1,7 M € | -9.3% | 1,9 M € | +40.4% | 1,3 M € | +78.1% | 743,5 k € | +3.4% | 719,2 k € | +129% | 314,2 k € | -48.0% | 604,9 k € | +20.5% | 502 k € | -8.8% | 550,4 k € | -21.0% | 696,9 k € | +216% | -601,4 k € | +12.9% | -690,3 k € | -250% | 459,3 k € | +131% | -1,5 M € | +8.4% | -1,6 M € | +24.5% | -2,2 M € | -518% | -348,5 k € | -72.7% | -201,8 k € | -1282% | -14,6 k € | +99.2% | -1,9 M € |
| Operating result | 898,1 k € | -40.8% | 1,5 M € | +22.4% | 1,2 M € | +746% | 146,3 k € | -74.2% | 566,4 k € | +214% | 180,1 k € | -54.7% | 397,9 k € | +26.0% | 315,9 k € | +5.3% | 300,1 k € | -37.4% | 479,1 k € | +146% | -1 M € | +6.1% | -1,1 M € | -667% | 194,7 k € | +110% | -1,9 M € | +7.1% | -2,1 M € | +25.7% | -2,8 M € | -166% | -1,1 M € | -54.2% | -685,7 k € | +1.4% | -695,4 k € | +69.5% | -2,3 M € |
| Net result | 1,3 M € | -28.8% | 1,8 M € | +42.6% | 1,3 M € | +315% | 308,2 k € | -54.0% | 670,7 k € | +118% | 307 k € | -43.4% | 542,8 k € | +42.8% | 380 k € | +4.5% | 363,6 k € | -33.3% | 544,9 k € | +156% | -968,7 k € | +12.4% | -1,1 M € | -532% | 256,1 k € | +113% | -2 M € | +22.0% | -2,5 M € | +11.6% | -2,8 M € | -145% | -1,2 M € | -47.9% | -787,1 k € | +88.2% | -6,7 M € | -202% | -2,2 M € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 16,7 M € | +7.7% | 15,5 M € | +13.3% | 13,7 M € | +9.4% | 12,5 M € | +1.7% | 12,3 M € | +148% | 5 M € | +7.4% | 4,6 M € | +11.0% | 4,2 M € | +54.3% | 2,7 M € | +15.6% | 2,3 M € | +1356% | 160,1 k € | +112% | -1,3 M € | -8.9% | -1,2 M € | +17.7% | -1,4 M € | -381% | 515,1 k € | +106% | -8,5 M € | -50.3% | -5,7 M € | -25.9% | -4,5 M € | -21.3% | -3,7 M € | -483% | -635 k € |
| Total assets | 28,6 M € | +12.1% | 25,6 M € | +5.1% | 24,3 M € | -4.2% | 25,4 M € | +3.0% | 24,6 M € | +185% | 8,6 M € | +37.8% | 6,3 M € | +17.4% | 5,3 M € | +47.2% | 3,6 M € | -8.6% | 4 M € | +74.1% | 2,3 M € | -23.3% | 3 M € | -1.6% | 3 M € | -0.9% | 3 M € | -27.5% | 4,2 M € | -15.5% | 5 M € | -19.4% | 6,2 M € | -15.6% | 7,3 M € | +3.1% | 7,1 M € | +19.8% | 5,9 M € |
| Cash | 3,8 M € | -14.6% | 4,4 M € | +97.5% | 2,2 M € | -24.0% | 3 M € | -78.7% | 13,9 M € | +506% | 2,3 M € | +23.5% | 1,9 M € | +76.1% | 1,1 M € | +4.6% | 1 M € | +20.5% | 836,6 k € | -17.1% | 1 M € | -46.8% | 1,9 M € | +74.0% | 1,1 M € | +15.3% | 945,6 k € | -10.1% | 1,1 M € | +93.0% | 545 k € | -3.6% | 565,1 k € | -61.0% | 1,4 M € | +14.6% | 1,3 M € | +926% | 123,2 k € |
| Debts | 4,3 M € | +144% | 1,8 M € | -6.9% | 1,9 M € | -43.6% | 3,3 M € | +40.5% | 2,4 M € | -5.6% | 2,5 M € | +306% | 621,8 k € | +178% | 223,6 k € | -51.7% | 462,8 k € | -63.7% | 1,3 M € | -38.7% | 2,1 M € | -51.3% | 4,3 M € | +2.5% | 4,2 M € | +37.8% | 3 M € | -1.9% | 3,1 M € | -75.8% | 12,7 M € | +10.2% | 11,5 M € | -0.2% | 11,6 M € | +8.5% | 10,6 M € | +67.8% | 6,3 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 3,4 ETP | 0.0% | 3,4 ETP | +9.7% | 3,1 ETP | 0.0% | 3,1 ETP | -24.4% | 4,1 ETP | +13.9% | 3,6 ETP | +9.1% | 3,3 ETP | 0.0% | 3,3 ETP | 0.0% | 3,3 ETP | 0.0% | 3,3 ETP | 0.0% | 3,3 ETP | +10.0% | 3,0 ETP | -31.8% | 4,4 ETP | -18.5% | 5,4 ETP | -63.5% | 14,8 ETP | -39.3% | 24,4 ETP | -7.2% | 26,3 ETP | -1.5% | 26,7 ETP | -1.5% | 27,1 ETP | +4.2% | 26,0 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 12 active · 89 ended
Active mandates
Charlotte Verkeyn
ActiveGilbert Deley
ActiveMichael Vanhee
ActiveNiko Geldhof
ActiveRob Jonckheere
ActiveSam Vancoppenolle
ActiveBart Plasschaert
ActiveBart Tommelein
ActiveBjörn Anseeuw
ActiveKurt Claeys
ActiveMaxim Donck
ActiveNatacha Waldmann
ActiveEnded mandates
Bart Plasschaert
EndedBart Tommelein
EndedBjörn Anseeuw
EndedKurt Claeys
EndedFinancials
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 | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 22/06/2026 | 11/07/2025 | 02/07/2024 | 03/08/2023 | 11/08/2022 | 27/07/2021 |
| General meeting | 20/06/2026 | 20/06/2025 | 27/06/2024 | 03/07/2023 | 12/07/2022 | 09/07/2021 |
| 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 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 20/06/2026 | 22/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 20/06/2025 | 11/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 27/06/2024 | 02/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 03/07/2023 | 03/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 12/07/2022 | 11/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 09/07/2021 | 27/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 29/06/2020 | 15/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 20/06/2019 | 16/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 20/06/2018 | 18/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 28/06/2017 | 06/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 28/06/2016 | 12/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 25/06/2015 | 06/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 20/06/2014 | 03/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 21/06/2013 | 26/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 08/06/2012 | 21/06/2012 | Dutch | |
| Full model | 31/12/2010 | 05/05/2011 | 23/05/2011 | Dutch | |
| Full model | 31/12/2009 | 24/08/2010 | 31/08/2010 | Dutch | |
| Full model | 31/12/2008 | 23/10/2009 | 23/10/2009 | Dutch | |
| Full model | 31/12/2007 | 04/09/2008 | 23/09/2008 | Dutch | |
| Full model | 31/12/2006 | 19/06/2007 | 21/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 10 M€ and 25 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 12 active · 89 ended
Active mandates
Charlotte Verkeyn
ActiveGilbert Deley
ActiveMichael Vanhee
ActiveNiko Geldhof
ActiveRob Jonckheere
ActiveSam Vancoppenolle
ActiveBart Plasschaert
ActiveBart Tommelein
ActiveBjörn Anseeuw
ActiveKurt Claeys
ActiveMaxim Donck
ActiveNatacha Waldmann
ActiveEnded mandates
Bart Plasschaert
EndedBart Tommelein
EndedBjörn Anseeuw
EndedKurt Claeys
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates15/04/2025ONTSLAGEN - BENOEMINGEN
- Mandates18/03/2024ONTSLAGEN - BENOEMINGEN
- Other15/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates11/12/2023ONTSLAGEN - BENOEMINGEN
- Mandates12/12/2022ONTSLAGEN - BENOEMINGEN
- Mandates03/09/2019ONTSLAGEN - BENOEMINGEN
- Mandates04/12/2017BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Mandates27/01/2017KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,3 M €↓
- 2024Annual accounts 20241,8 M €↑
- 2023Annual accounts 20231,3 M €↑
- 2022Annual accounts 2022308,2 k €↓
- 2021Annual accounts 2021670,7 k €↑
- 2020Annual accounts 2020307 k €↓
- 2019Annual accounts 2019542,8 k €↑
- 2018Annual accounts 2018380 k €↑
- 2017Annual accounts 2017363,6 k €↓
- 2017Name changeEKO
- 2016Annual accounts 2016544,9 k €↑
- 2015Annual accounts 2015-968,7 k €↑
- 2014Annual accounts 2014-1,1 M €↓
- 2013Annual accounts 2013256,1 k €↑
- 2012Annual accounts 2012-2 M €↑
- 2011Annual accounts 2011-2,5 M €↑
- 2010Annual accounts 2010-2,8 M €↓
- 2009Annual accounts 2009-1,2 M €↓
- 2008Annual accounts 2008-787,1 k €↑
- 2007Annual accounts 2007-6,7 M €↓
- 2006Annual accounts 2006-2,2 M €
- 2006Name changeEXPLOITATIE KURSAAL OOSTENDE
- 11/09/2002IncorporationPublic limited company