Delta Echo
ActiveSummary
Delta Echo has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65,587 and a net result of €21,811. Equity has been growing by about 27% per year since 2022. Its solvency ranks better than 60% of 39,275 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-12-2021 Normal situation
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.325.545.009 3640 Kinrooi, since 01-01-2022
- Financial year end
- 31 December
- Peppol
- Reachable
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €44,136
- ▲ 41.9%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €21,811
- ▲ 123%
- Equity
- €65,587
- ▲ 22.4%
- Total assets
- €100,573
- ▲ 1.6%
Score breakdownlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 2.63, cash €44,860Size: total assets €100,573Equity €65,587 (65.2% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 60% of them on solvency, 86% on liquidity, 65% on profitability and 68% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 32 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 09-06-2026 PDF all 4 filings
Every figure per financial year
The operating result for 2025 is 84% higher than in 2024. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €69,790 | - |
| Depreciation and write-downs of the year | - | - | €13,958 | €13,958 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €13,958 | €13,958 | = |
| Other operating charges640/8 | €652 | €75 | €1,172 | €825 | ▼ 29.6% |
| Gross operating margin9900 | €37,297 | €32,760 | €31,110 | €44,136 | ▲ 41.9% |
| Operating profit (loss)9901 | €36,644 | €32,685 | €15,981 | €29,353 | ▲ 83.7% |
| Financial income75/76B | - | - | €6 | €1 | ▼ 92.2% |
| Recurring financial income75 | - | - | €6 | €1 | ▼ 92.2% |
| Financial charges65/66B | €1,128 | €1,102 | €1,621 | €982 | ▼ 39.4% |
| Recurring financial charges65 | €1,128 | €1,102 | €1,621 | €982 | ▼ 39.4% |
| Profit (loss) for the period before taxes9903 | €35,517 | €31,584 | €14,366 | €28,371 | ▲ 97.5% |
| Income taxes67/77 | €9,702 | €9,622 | €4,577 | €6,561 | ▲ 43.3% |
| Profit (loss) for the period9904 | €25,815 | €21,961 | €9,789 | €21,811 | ▲ 123% |
| Profit (loss) for the period to be appropriated9905 | €25,815 | €21,961 | €9,789 | €21,811 | ▲ 123% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €48,622 | €100,889 | €98,953 | €100,573 | ▲ 1.6% |
| Fixed assets21/28 | - | - | €55,832 | €41,874 | ▼ 25.0% |
| Tangible fixed assets22/27 | - | - | €55,832 | €41,874 | ▼ 25.0% |
| Furniture and vehicles24 | - | - | €55,832 | €41,874 | ▼ 25.0% |
| Current assets29/58 | €48,622 | €100,889 | €43,121 | €58,699 | ▲ 36.1% |
| Amounts receivable within one year40/41 | €9,378 | €14,303 | €15,491 | €12,053 | ▼ 22.2% |
| Trade receivables40 | €9,378 | €11,156 | €11,108 | €12,053 | ▲ 8.5% |
| Other amounts receivable41 | - | €3,147 | €4,383 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €37,419 | €86,492 | €27,631 | €44,860 | ▲ 62.4% |
| Deferred charges and accrued income490/1 | €1,825 | €94 | €0 | €1,786 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €48,622 | €100,889 | €98,953 | €100,573 | ▲ 1.6% |
| Equity10/15 | €21,815 | €43,776 | €53,565 | €65,587 | ▲ 22.4% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €20,815 | €42,776 | €52,565 | €42,776 | ▼ 18.6% |
| Distributable reserves133 | €20,815 | €42,776 | €52,565 | €42,776 | ▼ 18.6% |
| Profit (loss) carried forward14 | €0 | €0 | - | €21,811 | - |
| Amounts payable17/49 | €26,807 | €57,113 | €45,388 | €34,987 | ▼ 22.9% |
| Amounts payable after more than one year17 | - | €24,436 | €18,660 | €12,668 | ▼ 32.1% |
| Financial debts170/4 | - | €24,436 | €18,660 | €12,668 | ▼ 32.1% |
| Amounts payable within one year42/48 | €26,807 | €32,677 | €26,728 | €22,319 | ▼ 16.5% |
| Current portion of amounts payable after more than one year42 | - | €5,564 | €5,776 | €5,993 | ▲ 3.8% |
| Trade debts44 | €1,969 | €2,622 | €1,847 | €1,178 | ▼ 36.2% |
| Suppliers440/4 | €1,969 | €2,622 | €1,847 | €1,178 | ▼ 36.2% |
| Taxes, remuneration and social security45 | €19,065 | €24,491 | €19,106 | €13,355 | ▼ 30.1% |
| Taxes450/3 | €19,065 | €24,491 | €19,106 | €13,355 | ▼ 30.1% |
| Other amounts payable47/48 | €5,773 | €0 | - | €1,793 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,815 | €21,961 | €9,789 | €21,811 | ▲ 123% |
| + Depreciation and write-downs630 | - | - | €13,958 | €13,958 | = |
| Operating cash flow (approximation) | €25,815 | €21,961 | €23,747 | €35,769 | ▲ 50.6% |
| Investment in fixed assets (approximation) | - | - | - | €0 | - |
| Change in cash | - | €49,073 | -€58,861 | €17,229 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as Delta Echo has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Delta Echo itself is lower: < 0.1% within 12 months. It rests on far more data about Delta Echo than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Delta Echo. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Owners
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Op naam, aandeelhouders mogen kennis nemen betreffende hun aandelen”
Articles of association, deed of 24-12-2021 (in Dutch)
Network & group
Delta Echo shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Delta Echo. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-12
Gazette deed
IncorporationAppointment: KERCKHOVEN Sara Emmanuella Louisa (director) · Founder · Founding capital5 points ▸
- Founder, KERCKHOVEN Sara Emmanuella Louisa
- Incorporation, 21-12-2021
- Founding capital
- Director appointment, KERCKHOVEN Sara Emmanuella Louisa (director (not named in the articles))
- Registered office clause, “3640 Kinrooi,Heesstraat 54” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
14 activities
- Het verlenen van diensten of prestaties op technisch,commercieel,juridisch en financieel gebied; onder meer het verstrekken van advies inzake bedrijfsbeheer,management en in het algemeen consultancy,dit alles in de breedste zin.
- Het rechtstreeks of onrechtstreeks participeren,onder welke vorm dan ook,in bestaande of nog op te richten Belgische of buitenlandse vennootschappen,verenigingen of andere entiteiten of personen met of zonder rechtspersoonlijkheid,voor eigen rekening of voor rekening van derden,alsook het waarnemen van het beheer,het bestuur,de controle en de ontwikkeling van deze participaties.
- Het beheren van vennootschappen,verenigingen of andere entiteiten of personen met of zonder rechtspersoonlijkheid,wat ook hun voorwerp mogen zijn,onder meer door het waarnemen van het mandaat van bestuurder,vereffenaar of enige andere functie; door het deelnemen in de organisatie,herstructurering of leiding; door het verwerven,beheren of valoriseren van octrooien,merken en licenties of andere intellectuele rechten.
- De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,tussenpersoon in de handel.
- Selectie en werving.
- Het op productieve wijze verwerven,beheren,verkopen van roerende en onroerende,materiële of immateriële goederen,zonder dat de vennootschap hierbij aan vermogensbeheer of beleggingsadvies doet en wat de verrichtingen met onroerende goederen betreft met uitsluiting van de handelingen van vastgoedhandelaar.
- Het bemiddelen,in opdracht van derden,van overeenkomsten of diensten; het aanbrengen van zaken,cliënten,financiers of anderen in de breedste zin. Hieronder kunnen worden begrepen alle transacties of handelingen die kaderen in een commissie-,agentuur-,distributie-,concessie- of lastgevingovereenkomst of enige andere overeenkomst waarbij de vennootschap als tussenpersoon,aanbrenger of distributeur optreedt.
- Het aangaan van leningen en kredietopeningen; Het verstrekken van leningen en kredieten in de breedste zin aan vennootschappen,verenigingen of andere entiteiten of personen met of zonder rechtspersoonlijkheid en aan particulieren,alsook het stellen van alle commerciële en financiële verrichtingen,met uitzondering van die transacties die wettelijk zijn voorbehouden aan banken en andere financiële instellingen;
- Het stellen van persoonlijke en zakelijke zekerheden in de meest ruime zin;
- Adviesverlening in de meest ruime zin van het woord,omvat onder meer,studieorganisatie,raadgevend bureau alsook daadwerkelijk beheer en/of management inzake financiële,technische,organisatorische,veiligheids-,commerciële,administratieve,en/of ook andere meer algemene beheeraangelegenheden; met uitzondering van adviezen inzake beleggingen en geldplaatsingen;
- Het verlenen aan de ondernemingen waarin zij deelneemt en aan derden,al dan niet bezoldigd,van alle bijstand,hetzij op technisch,industrieel,commercieel,organisatorisch of administratief gebied hetzij op het vlak van algemeen beheer;
- Het waarnemen van bestuursopdrachten,het uitoefenen van mandaten en functies die rechtstreeks of onrechtstreeks met het voorwerp verband houden,alsmede het voeren van algemeen management van vennootschappen;
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan en verkoop,huur en verhuur van roerende goederen; het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende goederen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72017C0583/00B000 | Flanders | 1,058 m² | 1 · 148 m² | 9.3 m · 1 |