ACTIVE

ECOBA

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Financial year 2025 · closed on 31/12/2025

Net result

86,9 k €

-16.9% YoY

Gross margin

517,5 k €

-17.4% YoY

Equity

255,8 k €

0.0% YoY

Workforce

13,5 ETP

-7.5% YoY

What does ECOBA do?

ECOBA is a Public limited company incorporated in 2004. Its main activity is: Specialised construction activities. Its registered office is in Forest. It employs on average 13,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0867.497.823

Incorporation

29/09/2004

Legal form

Public limited company

Registered office

Rue de Fierlant 112
1190 Forest · BruxellesSee on map

Contributed capital

151 000,00 €

Latest accounts

31/12/2025

Average workforce

13,5 ETP

Activities (NACE)

43421Specialised construction activities· main 43991Other specialised construction activities n.e.c.70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

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	517,5 k €	-17.4%	626,5 k €	+8.9%	575,1 k €	+7.8%	533,3 k €	+6.8%	499,3 k €	-5.3%	527,3 k €	-18.3%	645 k €	+17.6%	548,4 k €	-14.6%	641,8 k €	+294%	162,9 k €	+954%	15,5 k €	-72.6%	56,4 k €	+143%	23,3 k €	+287%	-12,4 k €	-128%	45 k €	-17.3%	54,4 k €	-12.2%	62 k €	-5.7%	65,7 k €	+27.9%	51,4 k €	+16.2%	44,2 k €
EBITDA	135,3 k €	-13.0%	155,5 k €	+7.5%	144,6 k €	+220%	45,3 k €	-42.4%	78,6 k €	+16.9%	67,2 k €	-19.0%	83 k €	+281%	-45,9 k €	-272%	26,7 k €	+235%	8 k €	-43.7%	14,1 k €	-65.9%	41,4 k €	+90.4%	21,7 k €	+258%	-13,8 k €	-133%	42,2 k €	-16.6%	50,6 k €	-17.7%	61,5 k €	-5.5%	65,1 k €	+28.4%	50,7 k €	+15.5%	43,9 k €
Operating result	126,9 k €	-12.9%	145,6 k €	+11.9%	130,1 k €	+254%	36,8 k €	-45.9%	68 k €	+20.5%	56,4 k €	-16.4%	67,5 k €	+203%	-65,8 k €	-515%	15,9 k €	+311%	3,9 k €	-57.9%	9,2 k €	-74.8%	36,4 k €	+74.2%	20,9 k €	+246%	-14,3 k €	-134%	41,7 k €	-17.7%	50,6 k €	-17.7%	61,5 k €	-5.5%	65,1 k €	+28.4%	50,7 k €	+15.5%	43,9 k €
Net result	86,9 k €	-16.9%	104,6 k €	+14.0%	91,8 k €	+345%	20,6 k €	-55.9%	46,7 k €	+33.0%	35,1 k €	-37.5%	56,2 k €	+171%	-79 k €	-10304%	774,4 €	+83.2%	422,7 €	-99.7%	149,8 k €	+196%	50,7 k €	+47.3%	34,4 k €	+1390%	-2,7 k €	-102%	120,4 k €	-52.1%	251,2 k €	+244%	73 k €	-7.5%	78,9 k €	+25.9%	62,7 k €	-21.9%	80,3 k €
Balance sheet
Equity	255,8 k €	0.0%	255,8 k €	0.0%	255,8 k €	0.0%	255,8 k €	+0.2%	255,2 k €	0.0%	255,2 k €	+4.1%	245,2 k €	+4.3%	235,2 k €	-25.2%	314,2 k €	+0.2%	313,4 k €	+0.1%	313 k €	+40.2%	223,2 k €	+29.4%	172,6 k €	+24.9%	138,2 k €	-1.9%	140,8 k €	+588%	20,5 k €	-91.7%	247,4 k €	+41.8%	174,4 k €	+28.7%	135,5 k €	+20.1%	112,9 k €
Total assets	462,8 k €	-5.6%	490,3 k €	-8.7%	537,2 k €	+39.0%	386,4 k €	-17.9%	470,9 k €	+23.0%	382,7 k €	-14.5%	447,8 k €	+6.3%	421,2 k €	+7.9%	390,3 k €	-24.5%	517,3 k €	+32.8%	389,6 k €	-0.6%	392 k €	+3.2%	379,8 k €	+0.2%	379 k €	-11.5%	428,1 k €	-8.9%	469,8 k €	+12.6%	417,3 k €	+2.2%	408,4 k €	-0.4%	410,1 k €	-1.9%	417,9 k €
Cash	208 k €	-36.6%	328,2 k €	+84.8%	177,6 k €	+29.4%	137,3 k €	-16.1%	163,5 k €	-34.1%	248,2 k €	+27.1%	195,2 k €	+101%	97,1 k €	-25.6%	130,5 k €	-27.5%	180 k €	+778%	20,5 k €	+14.3%	17,9 k €	+37.9%	13 k €	+90.6%	6,8 k €	-70.5%	23,1 k €	-73.1%	86,1 k €	+422%	16,5 k €	-34.4%	25,1 k €	+63.5%	15,4 k €	-36.5%	24,2 k €
Debts	207,1 k €	-11.7%	234,6 k €	-16.7%	281,5 k €	+115%	130,6 k €	-39.3%	215,1 k €	+68.7%	127,5 k €	-37.1%	202,7 k €	+8.9%	186,1 k €	+145%	76,1 k €	-62.7%	203,7 k €	+166%	76,6 k €	-51.9%	159,2 k €	-21.4%	202,4 k €	-15.9%	240,8 k €	-16.2%	287,3 k €	-36.1%	449,4 k €	+164%	169,9 k €	-27.4%	234 k €	-14.8%	274,6 k €	-10.0%	305 k €
Other
Workforce	13,5 ETP	-7.5%	14,6 ETP	+2.8%	14,2 ETP	+5.2%	13,5 ETP	-6.9%	14,5 ETP	-1.4%	14,7 ETP	0.0%	14,7 ETP	-2.0%	15,0 ETP	-1.3%	15,2 ETP		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 15 ended

Active mandates

Jean-Philippe Clobert

Managing director · since 01 avril 2025

Active

Ended mandates

Jean-Philippe CLOBERT

Managing director · since 12 décembre 2022 · until 12 décembre 2028

Ended

Mathieu CLOBERT

Director · since 12 décembre 2022 · until 12 décembre 2028

Ended

Valérie WINNYKAMIEN

Director · since 12 décembre 2022 · until 12 décembre 2028

Ended

Jean-Philippe CLOBERT

Managing director · since 12 décembre 2016 · until 12 décembre 2022

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	24/06/2026	30/07/2025	30/06/2024	29/06/2023	13/08/2022	26/07/2021
General meeting	06/03/2026	25/03/2025	26/03/2024	09/05/2023	25/04/2022	11/05/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/03/2026	24/06/2026	French	PDF
Abridged model	31/12/2024	25/03/2025	30/07/2025	French	PDF
Abridged model	31/12/2023	26/03/2024	30/06/2024	French	PDF
Abridged model	31/12/2022	09/05/2023	29/06/2023	French	PDF
Abridged modelCorrection	31/12/2021	25/04/2022	13/08/2022	French	PDF
Abridged model	31/12/2021	25/04/2022	01/07/2022	French	PDF
Abridged model	31/12/2020	11/05/2021	26/07/2021	French	PDF
Abridged model	31/12/2019	09/03/2020	22/03/2020	French	PDF
Abridged model	31/12/2018	14/05/2019	03/07/2019	French	PDF
Abridged model	31/12/2017	08/05/2018	21/06/2018	French	PDF
Abridged model	31/12/2016	09/05/2017	01/07/2017	French	PDF
Abridged model	31/12/2015	10/05/2016	30/06/2016	French	PDF
Abridged model	31/12/2014	12/05/2015	04/06/2015	French	PDF
Abridged model	31/12/2013	13/05/2014	16/05/2014	French	PDF
Abridged model	31/12/2012	14/05/2013	01/07/2013	French	PDF
Abridged model	31/12/2011	08/05/2012	08/06/2012	French	PDF
Abridged model	31/12/2010	04/03/2011	20/05/2011	French	PDF
Abridged model	31/12/2009	11/05/2010	22/07/2010	French	PDF
Abridged model	31/12/2008	12/05/2009	18/05/2009	French	PDF
Abridged model	31/12/2007	13/05/2008	11/08/2008	French	PDF
Abridged model	31/12/2006	08/05/2007	26/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2025 · 1 active · 15 ended

Active mandates

Jean-Philippe Clobert

Managing director · since 01 avril 2025

Active

Ended mandates

Jean-Philippe CLOBERT

Managing director · since 12 décembre 2022 · until 12 décembre 2028

Ended

Mathieu CLOBERT

Director · since 12 décembre 2022 · until 12 décembre 2028

Ended

Valérie WINNYKAMIEN

Director · since 12 décembre 2022 · until 12 décembre 2028

Ended

Jean-Philippe CLOBERT

Managing director · since 12 décembre 2016 · until 12 décembre 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/04/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates08/02/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates13/01/2017
DENOMINATION - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
PDF
Restructuring10/11/2016
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates18/09/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates31/03/2010
DEMISSIONS, NOMINATIONS
PDF
Other11/03/2010
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other07/10/2004
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

2025
Annual accounts 202586,9 k €↓
2024
Annual accounts 2024104,6 k €↑
2023
Annual accounts 202391,8 k €↑
2022
Annual accounts 202220,6 k €↓
2021
Annual accounts 202146,7 k €↑
2020
Annual accounts 202035,1 k €↓
2019
Annual accounts 201956,2 k €↑
2018
Annual accounts 2018-79 k €↓
2017
Annual accounts 2017774,4 €↑
2016
Annual accounts 2016422,7 €↓
2015
Annual accounts 2015149,8 k €↑
2014
Annual accounts 201450,7 k €↑
2013
Annual accounts 201334,4 k €↑
2012
Annual accounts 2012-2,7 k €↓
2011
Annual accounts 2011120,4 k €↓
2010
Annual accounts 2010251,2 k €↑
2009
Annual accounts 200973 k €↓
2008
Annual accounts 200878,9 k €↑
2007
Annual accounts 200762,7 k €↓
2006
Annual accounts 200680,3 k €
29/09/2004
IncorporationPublic limited company

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

ECOBA

Overview

What does ECOBA do?

Trend over 20 financial years

Indicative valuation

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