ACTIVE

ECO FIRST

Financial year 2025 · closed on 31/03/2025
Net result
814,8 €
-94.3% YoY
Gross margin
17,7 k €
-63.7% YoY
Equity
68,5 k €
+1.2% YoY

What does ECO FIRST do?

ECO FIRST is a Private limited company incorporated in 2009. Its main activity is: Electrical installation. Its registered office is in Dentergem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0810.899.313
Incorporation
02/04/2009
Legal form
Private limited company
Registered office
Galgestraat 1
8720 Dentergem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2025
Joint committees (2)
  • 101
  • 14901
Contacts
1 public detail availableLog in to view
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182016201520142013201220112010
Income statement
Gross margin17,7 k €48,7 k €41,8 k €74,5 k €65,7 k €15,4 k €-73,5 €-780,2 €-317,4 €-1,1 k €-6,1 k €-20,6 k €-24 k €15,7 k €30,8 k €
EBITDA15,1 k €28,9 k €9,5 k €49,7 k €47,9 k €14,9 k €-551,1 €-900,8 €-789,6 €-2,2 k €-6,9 k €-44,6 k €-26,4 k €15,4 k €30,8 k €
Operating result3,4 k €17,9 k €-15,3 k €40,1 k €37,5 k €7,6 k €-551,1 €-900,8 €-5,2 k €-2,9 k €-7,1 k €-45,3 k €-27,1 k €13,9 k €29,7 k €
Net result814,8 €14,3 k €-25 k €32,6 k €37 k €7,2 k €-570,7 €-940 €-5,1 k €-1,2 k €-8,2 k €-54,3 k €-23,2 k €2,3 k €20,6 k €
Balance sheet
Equity68,5 k €67,7 k €53,4 k €78,4 k €45,9 k €8,8 k €1,6 k €2,2 k €-45,4 k €-45,4 k €-44,1 k €-35,9 k €18,3 k €41,5 k €39,2 k €
Total assets258,3 k €285,3 k €359,7 k €469,4 k €114,3 k €89,7 k €2,4 k €3,1 k €4,2 k €9,1 k €20,7 k €70,2 k €252,5 k €353 k €471,9 k €
Cash13,1 k €9,8 k €14,8 k €29,8 k €21,8 k €18,6 k €3,1 k €4 k €4,6 k €1,4 k €248,6 €77,5 k €10,8 k €105,1 k €
Debts189,8 k €217,6 k €302,9 k €389,6 k €68,4 k €80,9 k €787,8 €962,3 €49,5 k €54,4 k €64,8 k €106,1 k €212,9 k €304,5 k €290,8 k €
Other
Workforce0,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 4 ended

Active mandates

Bernard Van Heule

Director

Active

Ended mandates

Bernard Van Heule

Manager · since 20 juillet 2012

Ended
Depot

Manager · since 01 avril 2009 · 0461.390.693

Represented by Bernard Van Heule

Ended
Bernard Maria O Van Heule

Manager

Ended
Bernard Van Heule

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/09/202531/10/202430/10/202328/10/202224/09/202102/10/2020
General meeting20/09/202521/09/202416/09/202317/09/202218/09/202119/09/2020
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202520/09/202530/09/2025DutchPDF
Micro model31/03/202421/09/202431/10/2024DutchPDF
Micro model31/03/202316/09/202330/10/2023DutchPDF
Micro model31/03/202217/09/202228/10/2022DutchPDF
Micro model31/03/202118/09/202124/09/2021DutchPDF
Micro model31/03/202019/09/202002/10/2020DutchPDF
Micro model31/03/201921/09/201924/09/2019DutchPDF
Micro model31/03/201815/09/201812/11/2018DutchPDF
Abridged model31/03/201716/09/201715/11/2017DutchPDF
Abridged model31/03/201617/09/201630/09/2016DutchPDF
Abridged model31/03/201521/09/201523/09/2015DutchPDF
Abridged model31/03/201422/09/201431/10/2014DutchPDF
Abridged model31/03/201321/09/201329/11/2013DutchPDF
Abridged model31/03/201215/09/201225/10/2012DutchPDF
Abridged model31/03/201116/09/201113/12/2011DutchPDF
Abridged model31/03/201018/09/201029/10/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/03/2025 · 1 active · 4 ended

Active mandates

Bernard Van Heule

Director

Active

Ended mandates

Bernard Van Heule

Manager · since 20 juillet 2012

Ended
Depot

Manager · since 01 avril 2009 · 0461.390.693

Represented by Bernard Van Heule

Ended
Bernard Maria O Van Heule

Manager

Ended
Bernard Van Heule

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/09/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/04/2009
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other14/04/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025814,8 €
  2. 2024
    Annual accounts 202414,3 k €
  3. 2023
    Annual accounts 2023-25 k €
  4. 2022
    Annual accounts 202232,6 k €
  5. 2021
    Annual accounts 202137 k €
  6. 2020
    Annual accounts 20207,2 k €
  7. 2019
    Annual accounts 2019-570,7 €
  8. 2018
    Annual accounts 2018-940 €
  9. 2016
    Annual accounts 2016-5,1 k €
  10. 2015
    Annual accounts 2015-1,2 k €
  11. 2014
    Annual accounts 2014-8,2 k €
  12. 2013
    Annual accounts 2013-54,3 k €
  13. 2012
    Annual accounts 2012-23,2 k €
  14. 2011
    Annual accounts 20112,3 k €
  15. 2010
    Annual accounts 201020,6 k €
  16. 02/04/2009
    IncorporationPrivate limited company