NORMAL SITUATION

EC Business

Financial year 2023 · closed on 31/12/2023
Net result
160,7 k €
+263.7% YoY
Gross margin
111,2 k €
+2390.7% YoY
Equity
128,5 k €
+29.0% YoY

Company — Normal situation.

What does EC Business do?

EC Business is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0883.247.356
Legal form
Private company with limited liability
Contributed capital
6 200,00 €
Latest accounts
31/12/2023
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin111,2 k €4,5 k €33,4 k €48,8 k €46,3 k €45,1 k €59,3 k €60,4 k €58,9 k €49,4 k €38,9 k €16 k €42,4 k €44,4 k €49,1 k €42,2 k €39,6 k €
EBITDA110,2 k €2,7 k €31,9 k €47,3 k €44,7 k €43,7 k €57,8 k €58,8 k €57,3 k €48 k €37,4 k €19,3 k €37,2 k €43,4 k €48,7 k €40,6 k €38,6 k €
Operating result201,3 k €-99,3 k €21,7 k €40,1 k €35,5 k €41,4 k €49,7 k €47,1 k €38,6 k €36,3 k €25,2 k €14,8 k €14,3 k €40,4 k €53,1 k €28,5 k €32,9 k €
Net result160,7 k €-98,2 k €12,8 k €30,1 k €23,4 k €29 k €34,9 k €33,1 k €26,2 k €23 k €17,2 k €7,4 k €9,6 k €27,2 k €35,8 k €18,2 k €20,6 k €
Balance sheet
Equity128,5 k €99,6 k €197,8 k €185 k €173,6 k €159,4 k €139,4 k €113,5 k €90,4 k €72,1 k €65,2 k €64 k €66,6 k €63 k €50,8 k €32,5 k €21,8 k €
Total assets150,5 k €198,9 k €207,9 k €222,8 k €213,1 k €229,5 k €211,5 k €186,1 k €187,9 k €191,7 k €192,2 k €171,9 k €198,2 k €95,1 k €89,3 k €93,7 k €77,7 k €
Cash150,5 k €2,5 k €25,8 k €58,4 k €50,6 k €94,9 k €33,6 k €17,8 k €12,8 k €10,1 k €17,9 k €11,1 k €38,2 k €47,6 k €32,7 k €24,8 k €15,9 k €
Debts22,1 k €4,3 k €10 k €37,7 k €39,5 k €70,2 k €72,1 k €72,6 k €97,5 k €119,6 k €127 k €107,8 k €126,8 k €32,1 k €38,5 k €61,2 k €55,9 k €
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 2 ended

Active mandates

Edgar Claes

Director · since 28 juin 2006

Active

Ended mandates

Bart Mampaey

Manager · since 28 juin 2006 · until 20 juin 2008

Ended
Edgar Claes

Manager · since 28 juin 2006

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/01/202402/06/202329/08/202219/08/202104/09/202021/08/2019
General meeting11/01/202422/05/202317/06/202218/06/202119/06/202021/06/2019
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202311/01/202412/01/2024DutchPDF
Micro model31/12/202222/05/202302/06/2023DutchPDF
Micro model31/12/202117/06/202229/08/2022DutchPDF
Abridged model31/12/202018/06/202119/08/2021DutchPDF
Abridged model31/12/201919/06/202004/09/2020DutchPDF
Abridged model31/12/201821/06/201921/08/2019DutchPDF
Abridged model31/12/201715/06/201807/08/2018DutchPDF
Abridged model31/12/201616/06/201724/08/2017DutchPDF
Abridged model31/12/201517/06/201622/08/2016DutchPDF
Abridged model31/12/201419/06/201521/08/2015DutchPDF
Abridged model31/12/201320/06/201426/08/2014DutchPDF
Abridged model31/12/201221/06/201308/08/2013DutchPDF
Abridged model31/12/201115/06/201222/08/2012DutchPDF
Abridged model31/12/201017/06/201110/08/2011DutchPDF
Abridged model31/12/200918/06/201020/08/2010DutchPDF
Abridged model31/12/200819/06/200931/08/2009DutchPDF
Abridged model31/12/200720/06/200818/08/2008DutchPDF
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 31/12/2023 · 1 active · 2 ended

Active mandates

Edgar Claes

Director · since 28 juin 2006

Active

Ended mandates

Bart Mampaey

Manager · since 28 juin 2006 · until 20 juin 2008

Ended
Edgar Claes

Manager · since 28 juin 2006

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution12/02/2024
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Registered office08/07/2019
    MAATSCHAPPELIJKE ZETEL
    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. 2023
    Annual accounts 2023160,7 k €
  2. 2022
    Annual accounts 2022-98,2 k €
  3. 2021
    Annual accounts 202112,8 k €
  4. 2020
    Annual accounts 202030,1 k €
  5. 2019
    Annual accounts 201923,4 k €
  6. 2018
    Annual accounts 201829 k €
  7. 2017
    Annual accounts 201734,9 k €
  8. 2016
    Annual accounts 201633,1 k €
  9. 2015
    Annual accounts 201526,2 k €
  10. 2014
    Annual accounts 201423 k €
  11. 2013
    Annual accounts 201317,2 k €
  12. 2012
    Annual accounts 20127,4 k €
  13. 2011
    Annual accounts 20119,6 k €
  14. 2010
    Annual accounts 201027,2 k €
  15. 2009
    Annual accounts 200935,8 k €
  16. 2008
    Annual accounts 200818,2 k €
  17. 2007
    Annual accounts 200720,6 k €