ACTIVE

ECM

Financial year 2024 · closed on 31/05/2024
Net result
-4,3 M €
-1072.7% YoY
Gross margin
-54,3 k €
-136.2% YoY
Equity
2 M €
-67.6% YoY
Workforce
0,0 ETP

What does ECM do?

ECM is a Private limited company incorporated in 2009. Its registered office is in Oosterzele.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0818.206.777
Incorporation
02/09/2009
Legal form
Private limited company
Registered office
Berg 54 box b
9860 Oosterzele · FlandreSee on map
Contributed capital
3 970 000,00 €
Latest accounts
31/05/2024
Average workforce
0,0 ETP
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2024202220212020201920182017
Income statement
Gross margin-54,3 k €149,8 k €5 k €48,7 k €43,8 k €68,2 k €57,6 k €
EBITDA-69,8 k €118 k €-1,7 k €42,1 k €39,2 k €65,2 k €54,1 k €
Operating result-90,1 k €110,3 k €-49,2 k €-7,1 k €-76,3 k €8,5 k €2,8 k €
Net result-4,3 M €-365 k €580,8 k €-22 k €816,7 k €896,1 k €865 €
Balance sheet
Equity2 M €6,3 M €6,7 M €6,1 M €6,1 M €5,3 M €4,6 M €
Total assets9,4 M €13,6 M €7,3 M €6,6 M €7,2 M €5,9 M €4,9 M €
Cash508,8 k €5,2 M €2,2 M €1,3 M €680,3 k €543 k €84,6 k €
Debts7,1 M €7,2 M €614,1 k €504,1 k €1 M €561,5 k €364,2 k €
Other
Workforce0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/05/2024 · 2 active · 6 ended

Active mandates

Christophe Van Hoorde

Director · since 28 juin 2023

Active
Tony Beeuwsaert

Director · since 28 juin 2023

Active

Ended mandates

Accoform

Director · since 31 janvier 2020 · 0472.505.311

Represented by Beeuwsaert TONY

Ended
Tony Beeuwsaert

Director · since 31 janvier 2020

Ended
Christophe Van Hoorde

Director · since 24 août 2009

Ended
Christophe Van Hoorde

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
ALVARIUMActive
0738.829.402
X-CLASSICSActive
0663.801.682
Annual accounts

Full financial information

202420222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202201/07/202101/07/202001/07/201901/07/201801/07/2017
Closing of the financial year31/05/202430/06/202230/06/202130/06/202030/06/201930/06/2018
Length of the financial year23 months12 months12 months12 months12 months12 months
Filing date15/10/202531/01/202331/01/202222/12/202020/12/201921/12/2018
General meeting07/10/202530/12/202215/12/202116/12/202004/12/201919/12/2018
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/05/202407/10/202515/10/2025DutchPDF
Abridged model30/06/202230/12/202231/01/2023DutchPDF
Abridged model30/06/202115/12/202131/01/2022DutchPDF
Abridged model30/06/202016/12/202022/12/2020DutchPDF
Abridged model30/06/201904/12/201920/12/2019DutchPDF
Abridged model30/06/201819/12/201821/12/2018DutchPDF
Abridged model30/06/201720/12/201722/12/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/05/2024 · 2 active · 6 ended

Active mandates

Christophe Van Hoorde

Director · since 28 juin 2023

Active
Tony Beeuwsaert

Director · since 28 juin 2023

Active

Ended mandates

Accoform

Director · since 31 janvier 2020 · 0472.505.311

Represented by Beeuwsaert TONY

Ended
Tony Beeuwsaert

Director · since 31 janvier 2020

Ended
Christophe Van Hoorde

Director · since 24 août 2009

Ended
Christophe Van Hoorde

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other30/05/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other24/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates03/04/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/10/2016
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Capital / shares25/03/2016
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office05/11/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares19/06/2015
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2024-4,3 M €
  2. 2022
    Annual accounts 2022-365 k €
  3. 2021
    Annual accounts 2021580,8 k €
  4. 2020
    Annual accounts 2020-22 k €
  5. 2019
    Annual accounts 2019816,7 k €
  6. 2018
    Annual accounts 2018896,1 k €
  7. 2017
    Annual accounts 2017865 €
  8. 02/09/2009
    IncorporationPrivate limited company