ACTIVE

Ecore

Financial year 2025 · closed on 31/12/2025
Net result
19,8 k €
-0.9% YoY
Gross margin
41 k €
+1.7% YoY
Equity
119,3 k €
+19.9% YoY

What does Ecore do?

Ecore is a Private company with limited liability incorporated in 2013. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Thimister-Clermont.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0543.305.413
Incorporation
16/12/2013
Legal form
Private company with limited liability
Registered office
Houlteau 86
4890 Thimister-Clermont · WallonieSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin41 k €40,3 k €44,5 k €31,6 k €18,3 k €23,9 k €7,8 k €7,5 k €10,4 k €10,3 k €5,1 k €22,3 k €
EBITDA40,1 k €39,6 k €43,7 k €31 k €17,1 k €23 k €6,8 k €6,8 k €9,5 k €9,3 k €4,4 k €21,3 k €
Operating result32 k €31,9 k €37,2 k €26,1 k €13,3 k €18,6 k €2,4 k €2,3 k €5,1 k €4,9 k €770,4 €18,1 k €
Net result19,8 k €20 k €24,4 k €17 k €7,5 k €12,9 k €209,2 €219,4 €1,6 k €1,7 k €-1,3 k €9,1 k €
Balance sheet
Equity119,3 k €99,5 k €79,6 k €55,2 k €38,2 k €30,7 k €17,8 k €17,6 k €17,4 k €15,7 k €14 k €15,3 k €
Total assets137,9 k €132,7 k €147 k €114,8 k €116,9 k €79,8 k €79,9 k €83,8 k €87,6 k €96,4 k €79,4 k €88,2 k €
Cash25,2 k €15,1 k €21,1 k €4,4 k €5 k €8,3 k €5,8 k €1,5 k €3,3 k €1,2 k €1,5 k €7,2 k €
Debts17,9 k €32,5 k €67,5 k €59,6 k €78,5 k €49 k €60,3 k €66,1 k €70,2 k €80,4 k €65,3 k €72,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Renaud DAELE

Director · since 01 décembre 2013

Active

Ended mandates

Renaud DAELE

Manager · since 16 décembre 2013

Ended
Renaud DAELE

Director

Ended
Renaud DAELE

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/08/202628/08/202528/08/202428/08/202329/08/202230/08/2021
General meeting22/07/202628/08/202530/06/202422/08/202308/08/202230/06/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202522/07/202606/08/2026FrenchPDF
Micro model31/12/202428/08/202528/08/2025FrenchPDF
Micro model31/12/202330/06/202428/08/2024FrenchPDF
Micro model31/12/202222/08/202328/08/2023FrenchPDF
Micro model31/12/202108/08/202229/08/2022FrenchPDF
Micro model31/12/202030/06/202130/08/2021FrenchPDF
Micro model31/12/201915/06/202019/08/2020FrenchPDF
Micro model31/12/201815/06/201912/08/2019FrenchPDF
Micro model31/12/201730/06/201828/08/2018FrenchPDF
Micro model31/12/201630/06/201709/08/2017FrenchPDF
Abridged model31/12/201530/06/201605/08/2016FrenchPDF
Abridged model31/12/201430/06/201523/07/2015FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 31/12/2025 · 1 active · 3 ended

Active mandates

Renaud DAELE

Director · since 01 décembre 2013

Active

Ended mandates

Renaud DAELE

Manager · since 16 décembre 2013

Ended
Renaud DAELE

Director

Ended
Renaud DAELE

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other30/12/2013
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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. 2025
    Annual accounts 202519,8 k €
  2. 2024
    Annual accounts 202420 k €
  3. 2023
    Annual accounts 202324,4 k €
  4. 2022
    Annual accounts 202217 k €
  5. 2021
    Annual accounts 20217,5 k €
  6. 2020
    Annual accounts 202012,9 k €
  7. 2019
    Annual accounts 2019209,2 €
  8. 2018
    Annual accounts 2018219,4 €
  9. 2017
    Annual accounts 20171,6 k €
  10. 2016
    Annual accounts 20161,7 k €
  11. 2015
    Annual accounts 2015-1,3 k €
  12. 2014
    Annual accounts 20149,1 k €
  13. 16/12/2013
    IncorporationPrivate company with limited liability