Staff
1 employees on 31-12-2025
In 2025, 7 people joined and 10 left.
DEN ECHO
Lifetime
20 annual accounts with figures on one time axis, 30 filings since 1996peak €82,390 (2023)
-€2,351▼ €60,149
lowest -€10,852 (2025)
-€10,852▼ €17,840
peak €45,729 (2024)
€34,877▼ 23.7%
€15,800▼ 78.3%
peak 1.1 FTE (2010)
-not published
Board3 names since 1995
2 directorsGhalid Hajjab and 1 other
Documentsfilings and deeds
22-07-20269 days before the deadline
2025micro format
Gross margin from €57,798 to -€2,351Loss of €10,852Equity from €45,729 to €34,877Debts from €72,762 to €15,800Cash from €18,362 to €5,501
Key points
from the 2025 annual accountsLiquidity
2.34 was 1.46 in 2024
Short-term debts fell from €70,374 to €15,800.
Filings
30 annual accounts since 1996
Two of the last ten came late. The 2023 accounts came latest: 30 days after the end of the period.
Turnover not published (abbreviated or micro format)
Checked score
66
Healthy
Financially stronger than 42% of micro companies in food and beverage service (NACE 56)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024lowest value
02-2025: 0.3%● unchanged vs 01-2025lowest value
03-2025: 0.3%● unchanged vs 02-2025lowest value
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 1.0%▲ +0.5 percentage points vs 07-2026highest value
09-2026: 1.0%● unchanged vs 08-2026highest value
10-2026: 1.0%● unchanged vs 09-2026highest value
11-2026: 1.0%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Loss of €10,852 (financial year 2025)
lowers risk
Founded in 1995
Figures for financial year 2025 (filed on 22-07-2026)
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 56, micro). It does better than 83% of them on solvency, 52% on liquidity, 8% on profitability and 23% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as DEN ECHO has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DEN ECHO itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,447 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 5,831 companies, not a prediction for DEN 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.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.34 (1.46 in 2024), above the usual 1.5. Short-term debt is 31.2% and cash 10.9% of total assets. 31.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 days early
2024
1 day early
2023
30 days late
2022
29 days late
2021
4 days early
2020
on the day
2019
8 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 5 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Amendment of the articles · Legal-form change
General meeting of 15-01-2024 · Gazette deed
2 directors appointed, 1 resignation
Resignation: Kenneth Candries (director) · Appointments: Valmir Tahirukaj (director) and Ghalid Hajjab (director) · Director discharge: Kenneth Candries (director (not named in the articles)) · General meeting of 30-06-2023 · Gazette deed
First establishment
Lange Nieuwstraat 9, Antwerp
Incorporation
published on 16-12-1995 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DEN ECHO Antwerp | €50,676 | -€2,351 | 68.8% | - |
| DEN BUD Hoogstraten | €57,321 | €214 | 96.8% | - |
| CINECITTA Brussels | €55,882 | -€7,143 | -74.5% | - |
| SALOON Bouillon | €42,758 | -€2,336 | 50.0% | - |
| DE SMIED VAN BERG Maaseik | €47,205 | -€3,657 | 68.2% | - |
| AURORNET Etterbeek | €45,223 | -€9,520 | -400.5% | - |
| BRICK - ART Brecht | €57,456 | -€2,047 | 58.1% | - |
These companies have the same main activity as DEN ECHO: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €42,800 and €57,500, founded between 1990 and 2001.
Official details
Source: KBO- Status
- Active since 03-11-1995Normal situation
- Activity
- Cafés and barsNACE 56301
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment unit
- 2.074.911.8552000 Antwerp, since 26-01-1996
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €50,676▼ 57.2%
- Employeeson 31-12-2025
- 1▼ 75.0%
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Insights on DEN ECHO
DEN ECHO files the micro format. That format states no turnover. The gross margin fell from €19,433 in 2006 to -€2,351 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DEN ECHO
- What is the company number of DEN ECHO?
- The company number of DEN ECHO is 0456.589.589. The VAT number is the same number with BE in front: BE 0456.589.589.
- Where is DEN ECHO based?
- The registered office is at Lange Nieuwstraat 9, 2000 Antwerp.Company details
- What does DEN ECHO do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of DEN ECHO?
- DEN ECHO is a private limited company (BV).
- When was DEN ECHO founded?
- DEN ECHO was founded on 03-11-1995.
- Is DEN ECHO still active?
- Yes, DEN ECHO is an active enterprise in the KBO register.
- How many employees does DEN ECHO have?
- DEN ECHO had an average of 0.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DEN ECHO fall under?
- In its 2025 annual accounts, DEN ECHO states joint committee 302 (Hotels and catering).
- What is the turnover of DEN ECHO?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
- Is DEN ECHO profitable?
- In financial year 2025, DEN ECHO made a loss of €10,852.
- Where can I find the annual accounts of DEN ECHO?
- DEN ECHO filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DEN ECHO due?
- DEN ECHO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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