NORMAL SITUATION

ECOB

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Financial year 2025 · closed on 31/12/2025

Net result

-48,8 k €

-165.6% YoY

Gross margin

906,4 k €

-8.0% YoY

Equity

47,9 k €

-50.5% YoY

Workforce

16,6 ETP

+86.5% YoY

Company — Normal situation.

What does ECOB do?

ECOB is a company registered in Belgium. It employs on average 16,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0819.888.936

Legal form

Private company with limited liability

Contributed capital

312,51 €

Latest accounts

31/12/2025

Average workforce

16,6 ETP

Joint committees (2)

Signals

Good liquidityHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	906,4 k €	-8.0%	985,3 k €	-19.6%	1,2 M €	+27.9%	958,1 k €	+18.8%	806,8 k €	+23.7%	652,1 k €	+13.1%	576,5 k €	+25.7%	458,5 k €	+28.4%	357,1 k €	-8.3%	389,6 k €	+21.4%	321 k €	+30.7%	245,5 k €	+15.6%	212,4 k €	+35.8%	156,4 k €	+25.0%	125,1 k €	+43.7%	87,1 k €
EBITDA	-66,9 k €	-132%	212,1 k €	-46.6%	397,3 k €	+83.5%	216,6 k €	-24.8%	288,1 k €	+38.6%	207,9 k €	+34.2%	154,9 k €	+12.0%	138,3 k €	+383%	28,6 k €	-82.9%	167,3 k €	+6.2%	157,6 k €	+73.1%	91 k €	+24.6%	73,1 k €	+13.9%	64,2 k €	-4.8%	67,4 k €	-7.3%	72,7 k €
Operating result	-56,5 k €	-149%	116,2 k €	-61.4%	301,2 k €	+110%	143,8 k €	-36.5%	226,3 k €	+58.9%	142,5 k €	+73.4%	82,2 k €	+42.7%	57,6 k €	+836%	-7,8 k €	-106%	139 k €	+6.6%	130,4 k €	+114%	60,9 k €	+35.2%	45,1 k €	+8.4%	41,5 k €	-20.5%	52,3 k €	-19.6%	65 k €
Net result	-48,8 k €	-166%	74,4 k €	-65.0%	212,4 k €	+131%	91,8 k €	-39.3%	151,4 k €	+60.5%	94,4 k €	+94.8%	48,4 k €	+68.3%	28,8 k €	+285%	-15,5 k €	-120%	78,2 k €	-0.6%	78,7 k €	+140%	32,7 k €	+41.9%	23 k €	-3.5%	23,9 k €	-26.3%	32,4 k €	-30.2%	46,4 k €
Balance sheet
Equity	47,9 k €	-50.5%	96,7 k €	-78.2%	443,1 k €	+92.1%	230,7 k €	+6.3%	217 k €	+127%	95,6 k €	+10.8%	86,2 k €	0.0%	86,2 k €	+15.0%	75 k €	-17.2%	90,5 k €	+633%	12,3 k €	+42.1%	8,7 k €	-12.9%	10 k €	-71.4%	34,9 k €	-14.9%	41 k €	-15.6%	48,6 k €
Total assets	1,2 M €	+63.4%	723,1 k €	-52.6%	1,5 M €	+12.7%	1,4 M €	-2.3%	1,4 M €	+10.1%	1,3 M €	+2.5%	1,2 M €	+40.6%	872,9 k €	+73.6%	503 k €	+4.1%	483,2 k €	+9.0%	443,2 k €	+12.2%	395,1 k €	+11.5%	354,3 k €	+2.5%	345,5 k €	+142%	143 k €	+57.0%	91,1 k €
Cash	58,5 k €	-81.3%	313,3 k €	+3.2%	303,5 k €	+14.0%	266,1 k €	+3.7%	256,6 k €	+19.1%	215,4 k €	+30.9%	164,6 k €	+34.9%	122 k €	+2.4%	119,1 k €	-16.7%	142,9 k €	+8.9%	131,1 k €	+23.0%	106,6 k €	+58.5%	67,3 k €	-7.7%	72,9 k €	+74.6%	41,7 k €	+6.6%	39,1 k €
Debts	459,1 k €	+198%	153,9 k €	-79.5%	751,4 k €	-11.0%	844,5 k €	-3.8%	878,1 k €	-1.4%	891 k €	-1.3%	903 k €	+55.8%	579,5 k €	+128%	254,1 k €	+14.1%	222,7 k €	-21.7%	284,5 k €	+10.7%	257 k €	+5.4%	243,8 k €	-4.8%	256,2 k €	+202%	84,7 k €	+262%	23,4 k €
Other
Workforce	16,6 ETP	+86.5%	8,9 ETP	-40.7%	15,0 ETP	0.0%	15,0 ETP	+28.2%	11,7 ETP	+18.2%	9,9 ETP	+13.8%	8,7 ETP	+20.8%	7,2 ETP	-4.0%	7,5 ETP	+41.5%	5,3 ETP	+47.2%	3,6 ETP	-5.3%	3,8 ETP	+22.6%	3,1 ETP	+40.9%	2,2 ETP	+69.2%	1,3 ETP	+225%	0,4 ETP

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Etienne Demoitié

Director · since 28 juin 2024

Active

Ended mandates

Etienne Demoitié

Director · since 28 juin 2025

Ended

Ann Rampelbergh

Director · since 15 octobre 2014 · until 28 juin 2024

Ended

ANN RAMPELBERGH

Director · since 15 octobre 2014

Ended

ANN RAMPELBERGH

Manager · since 15 octobre 2014

Ended

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	25/06/2025	28/06/2024	28/06/2023	27/06/2022	29/06/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	23/06/2023	17/06/2022	18/06/2021
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

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/06/2026	22/06/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	25/06/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	28/06/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	27/06/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	29/06/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	22/06/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	24/06/2019	Dutch	PDF
Abridged model	31/12/2017	22/06/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	23/06/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	27/06/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	22/06/2012	26/06/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	28/06/2011	Dutch	PDF

Estimate

Indicative valuation

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 · 7 ended

Active mandates

Etienne Demoitié

Director · since 28 juin 2024

Active

Ended mandates

Etienne Demoitié

Director · since 28 juin 2025

Ended

Ann Rampelbergh

Director · since 15 octobre 2014 · until 28 juin 2024

Ended

ANN RAMPELBERGH

Director · since 15 octobre 2014

Ended

ANN RAMPELBERGH

Manager · since 15 octobre 2014

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution24/02/2026
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring29/12/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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

2025
Annual accounts 2025-48,8 k €↓
2024
Annual accounts 202474,4 k €↓
2023
Annual accounts 2023212,4 k €↑
2022
Annual accounts 202291,8 k €↓
2021
Annual accounts 2021151,4 k €↑
2020
Annual accounts 202094,4 k €↑
2019
Annual accounts 201948,4 k €↑
2018
Annual accounts 201828,8 k €↑
2017
Annual accounts 2017-15,5 k €↓
2016
Annual accounts 201678,2 k €↓
2015
Annual accounts 201578,7 k €↑
2014
Annual accounts 201432,7 k €↑
2013
Annual accounts 201323 k €↓
2012
Annual accounts 201223,9 k €↓
2011
Annual accounts 201132,4 k €↓
2010
Annual accounts 201046,4 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ECOB

Overview

What does ECOB do?

Trend over 16 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline