Liquidity
23.90 was 15.54 in 2024
Short-term debts fell from €18,995 to €12,363.
E-CHELON
Lifetime
20 annual accounts with figures on one time axis, 24 filings since 2002peak €91,603 (2021)
€3,945▼ 65.1%
lowest -€10,478 (2025)
-€10,478▼ €11,857
peak €329,361 (2022)
€312,063▼ 3.2%
€12,531▼ 53.1%
Board4 names since 2021
3 directorsChristian Germain Joseph DEWULF and 2 others
Documentsfilings and deeds
24-07-20267 days before the deadline
2025abbreviated format
Gross margin from €11,299 to €3,945Loss of €10,478Debts from €26,715 to €12,531
Key points
from the 2025 annual accountsFilings
24 annual accounts since 2002
The last five annual accounts were filed 7 to 64 days before the end of the period.
Position in the sector
96.1%
Higher solvency than 95% of companies in computer programming and consultancy. Sector median 46.4% · 3,405 companies.
Checked score
94
Excellent
Financially stronger than 49% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: 0.1%▲ +0.1 percentage points vs 06-2026
08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Equity €312,063 (96.1% of total assets)
Liquidity: current ratio 23.90, cash €40,468
Size: total assets €324,594
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 62, micro). It does better than 85% of them on solvency, 49% on liquidity, 25% on profitability and 36% on growth.
The bankruptcy probability was computed on 08-11-2026 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 very low class on 30-06-2025, 0.1% 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, 12,322 companies had the same profile as E-CHELON has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of E-CHELON itself: < 0.1% 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 12,322 companies, not a prediction for E-CHELON. 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 €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 23.9 (15.54 in 2024), above the usual 1.5. Short-term debt is 3.8% and cash 12.5% of total assets. 3.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers 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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 days early
2024
27 days early
2023
19 days early
2022
60 days early
2021
64 days early
2020
11 days early
2019
on the day
← 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 27 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 13 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0477013138
2 directors appointed, 1 resignation
Appointments: Christian DEWULF and Stéphanie DEWULF · Resignation: huidige bestuurder (gewezen zaakvoerder) · Director discharge: huidige bestuurder (gewezen zaakvoerder) · Gazette deed
Appointment: Stéphanie Dewulf (manager)
General meeting of 15-09-2022 · Gazette deed
New establishment in Hoeilaart
Vlaanderveldlaan 40
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| E-CHELON Linkebeek | €324,594 | €3,945 | 96.1% | - |
| HOSTYOU Alken | €285,740 | €5,171 | 59.1% | 0 |
| DYNATIX Halle | €363,984 | €2,454 | 93.9% | - |
| APRICUS Wasseiges | €232,894 | €4,664 | 34.9% | - |
| ARTEMESIA Liège | €285,690 | €7,336 | 84.7% | - |
| IGUANO Oudsbergen | €421,491 | €5,559 | 68.4% | - |
| AUTOMATION MANAGEMENT CONSULTING OPERATIONS SERVICES Genappe | €250,332 | €7,436 | 98.7% | - |
These companies have the same main activity as E-CHELON: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €233,000 and €421,000, founded between 1990 and 2010.
Official details
Source: KBO- Status
- Active since 06-03-2002Normal situation
- Activity
- Other information technology and computer servicesNACE 62900and 2 others
- Establishment units
- 2.095.785.2651630 Linkebeek, since 25-03-2002
- 2.336.518.1821560 Hoeilaart, since 01-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 04-02-2026
Annual accounts 2025
- ≈ €28,000estimated
- €324,594▼ 7.1%
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on E-CHELON
E-CHELON files the abbreviated format. That format states no turnover. The gross margin fell from €5,376 in 2006 to €3,945 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 E-CHELON
- What is the company number of E-CHELON?
- The company number of E-CHELON is 0477.013.138. The VAT number is the same number with BE in front: BE 0477.013.138.
- Where is E-CHELON based?
- The registered office is at Oplinkebeekpad 4, 1630 Linkebeek.Company details
- What does E-CHELON do?
- According to the KBO register, the main activity is other information technology and computer services (NACE 62900).
- What is the legal form of E-CHELON?
- E-CHELON is a private limited company (BV).
- When was E-CHELON founded?
- E-CHELON was founded on 06-03-2002.
- Is E-CHELON still active?
- Yes, E-CHELON is an active enterprise in the KBO register.
- What is the turnover of E-CHELON?
- The turnover in financial year 2025 is ≈ €28,000. This figure is estimated from the gross margin of €3,945 and 67 comparable companies (NACE 62). It probably lies between €11,000 and €63,000. It is a rough estimate. In financial year 2018 turnover was €110,194.Financials
- Is E-CHELON profitable?
- In financial year 2025, E-CHELON made a loss of €10,478.
- Where can I find the annual accounts of E-CHELON?
- E-CHELON filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of E-CHELON due?
- E-CHELON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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