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ECHO

Active
Non-profit associationfounded 2004active for 22 yearsTouwstraat 10, 2060 Antwerpen, BelgiumKBO/BCE: BE 0867.617.785
Summary

ECHO has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,284 and a net result of €16,192. Its solvency ranks better than 74% of 1,857 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
€26,752
EBIT margin
60.8%
Net result
€16,192
Working capital
€24,256
Balance-sheet composition
Equity and liabilities €25,370
Equity €18,284
Debt €7,086
Debt finances 27.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€16,521
Cash flow
€16,451
Current ratio
22.78
Debt to equity
0.39
ROE
88.6%
ROA
63.8%
Interest coverage
over 100
Debt ≤ 1 year
€1,114

Peer companies

Historical observation

Of the 31,373 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,373 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€25,370
Current assets29/58€25,370
Amounts receivable within one year40/41€22,999
Trade receivables40€15,111
Other amounts receivable41€7,888
Cash at bank and in hand54/58€2,186
Deferred charges and accrued income490/1€185
Equity and liabilities
Total equity and liabilities10/49€25,370
Equity10/15€18,284
Profit (loss) carried forward14€18,284
Amounts payable17/49€7,086
Amounts payable within one year42/48€1,114
Trade debts44€911
Suppliers440/4€911
Taxes, remuneration and social security45€203
Taxes450/3€203
Accrued charges and deferred income492/3€5,973
Income statement Code2025
Turnover70€26,752
Membership fees, donations, legacies and grants73€66,851
Goods, raw materials, services and sundry goods60/61€77,081
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€259
Gross operating margin9900€16,521
Operating profit (loss)9901€16,262
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€76
Recurring financial charges65€76
Profit (loss) for the period before taxes9903€16,192
Profit (loss) for the period9904€16,192
Profit (loss) for the period to be appropriated9905€16,192
Appropriation of the result
Profit (loss) to be appropriated9906€18,284
Profit (loss) brought forward from the previous period14P€2,092

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Turnover70€26,752
Membership fees, donations, legacies and grants73€66,851
Goods, raw materials, services and sundry goods60/61€77,081
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€259
Gross operating margin9900€16,521
Operating profit (loss)9901€16,262
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€76
Recurring financial charges65€76
Profit (loss) for the period before taxes9903€16,192
Profit (loss) for the period9904€16,192
Profit (loss) for the period to be appropriated9905€16,192
Line2025
Assets
Total assets20/58€25,370
Current assets29/58€25,370
Amounts receivable within one year40/41€22,999
Trade receivables40€15,111
Other amounts receivable41€7,888
Cash at bank and in hand54/58€2,186
Deferred charges and accrued income490/1€185
Equity and liabilities
Total equity and liabilities10/49€25,370
Equity10/15€18,284
Profit (loss) carried forward14€18,284
Amounts payable17/49€7,086
Amounts payable within one year42/48€1,114
Trade debts44€911
Suppliers440/4€911
Taxes, remuneration and social security45€203
Taxes450/3€203
Accrued charges and deferred income492/3€5,973
Line2025
Profit (loss) for the period9904€16,192
+ Depreciation and write-downs630€259
Operating cash flow (approximation)€16,451

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 20-03-2026 2026-00057903

Similar companies · same sector, comparable size

Of the 587 active companies whose main activity is motion picture, video and television programme production, sound recording and music publishing activities (NACE 59203), figures are known for 197. 116 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €72,306 awarded · €65,075 paid

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.