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ECHO

Active Private limited companyfounded 2015active for 11 yearsBaasbergstraat 5, 1600 Sint-Pieters-LeeuwKBO/BCE: BE 0589.935.786

Lifetime

2 annual accounts with figures on one time axis
peak €92,519 (2025)
€92,519▲ 17.2%
peak €36,883 (2024)
€4,885▼ 86.8%
peak €24,742 (2025)
€24,742▲ 24.6%
€503,789▲ 48.5%
Board2 names since 2024
2 directors and 1 other
Documentsfilings and deeds
17-08-202617 days late
2025micro format
Gross margin from €78,918 to €92,519Result from €36,883 to €4,885Equity from €19,857 to €24,742Debts from €339,194 to €503,789Investments €266,257Cash from €76,525 to €26,531

Key points

from the 2025 annual accounts

Turnover

≈ €560,000 estimated

The micro format states no turnover.

Debts

€503,789 95% of the balance sheet
Financial debts 72%Suppliers 5%Taxes and wages 3%Other 20%

Of this, €140,376 falls due within a year.

Investments

€266,257 4.2 × depreciation
20242025

Green is investment, beige is depreciation. Land and buildings stand 104.5% higher than in 2024.

2025 accounts filed 17 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,449 companies had the same profile as ECHO has now. Each dot stands for 4 companies, two years later.

95.7%
were still trading
2.1%
stopped another way
2.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 1,449 companies, not a prediction for 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
  • werkend vennootdeed of 05-07-2019
Board & ownership

Recent changes

New establishment in Forest Pieterstraat 62
Registered in the Peppol Directory Reachable for e-invoices through 0208:0589935786
Change of role: , from manager to director Legal-form conversion: from general partnership to private limited company · Director discharge: · General meeting of 29-03-2024 · Gazette deed
Resignations & appointments Partner: (werkend vennoot) · General meeting of 30-12-2018 · Gazette deed
All 9 events

Comparable companies

same main activity, similar in size and age
Company
ECHO Sint-Pieters-Leeuw €528,531 €92,519 4.7% -
RESTORE Liège €454,057 €133,207 7.5% -
M11 Drogenbos €452,438 €82,757 18.7% -
stART to ART Grobbendonk €524,121 €90,263 76.2% -
MDMC Brussels €393,654 €137,218 33.6% -
Galerie Van Caelenberg Aalst €395,609 €85,235 52.5% -
GALERIE MARIE HELENE DE LA FOREST DIVONNE BRUXELLES Ixelles €382,980 €177,861 -63.2% -

These companies have the same main activity as ECHO: retail sale of other cultural and recreation goods (NACE 47690). They are comparable in size and age: total assets between €383,000 and €524,000, founded between 2011 and 2017.

Official details

Source: KBO
Status
Active since 01-01-2015Normal situation
Activity
Retail sale of other cultural and recreation goodsNACE 47690and 5 others
Establishment units
2.239.126.9171600 Sint-Pieters-Leeuw, since 30-01-2015
2.395.976.3131190 Forest, since 26-10-2026
Financial year end
31 December
Peppol
Reachable since 22-12-2025
Company details

Annual accounts 2025

€528,531▲ 47.2%
Filing
Filed on 17-08-2026
Financials

Insights on ECHO

The balance sheet grew most in 2025 through fixed assets, financed with long-term debt.

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 ECHO

What is the company number of ECHO?
The company number of ECHO is 0589.935.786. The VAT number is the same number with BE in front: BE 0589.935.786.
Where is ECHO based?
The registered office is at Baasbergstraat 5, 1600 Sint-Pieters-Leeuw.Company details
What does ECHO do?
According to the KBO register, the main activity is retail sale of other cultural and recreation goods (NACE 47690).
What is the legal form of ECHO?
ECHO is a private limited company (BV).
When was ECHO founded?
ECHO was founded on 01-01-2015.
Is ECHO still active?
Yes, ECHO is an active enterprise in the KBO register.
What is the turnover of ECHO?
The turnover in financial year 2025 is ≈ €560,000. This figure is estimated from the gross margin of €92,519 and 32 comparable companies (NACE 476). It probably lies between €260,000 and €930,000.Financials
Is ECHO profitable?
In financial year 2025, ECHO made a profit of €4,885.
Where can I find the annual accounts of ECHO?
ECHO filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ECHO due?
ECHO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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