ECHO
ActiveSummary
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).
Overview
- Equity
- €18,284
- Surplus
- €16,192
Why 97raises riskSize: turnover €26,752, total assets €25,370No registered site in the KBOlowers riskLegal form: non-profit associationFounded in 2004Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 59, micro): better than 76% on solvency, 55% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Resignation: Sigrid Gulix (bestuurder voorzitter)Amendment of the articles
Financials · financial year 2025, micro format
Peer companies
Historical observationOf 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
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%.
| 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.
| Line | 2025 |
|---|---|
| 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 |
| Line | 2025 | |
|---|---|---|
| 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 | |
| Line | 2025 |
|---|---|
| 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.
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
Subsidies and aid
Flemish government
2025 · 1 entry · €72,306 awarded · €65,075 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Sigrid Gulix |
|
Owners and capital
Owners
This non-profit association has no shareholders or capital.
History
Acts, filings and financial milestones
02-07
Gazette deed
Resignation: Sigrid Gulix (bestuurder voorzitter)Amendment of the articles3 facts ▸
- General meeting, 29-04-2024
- Amendment of the articles, “Artikel 3, sectie 1. Leden 1.” (deed in Dutch)
- Director resignation, Sigrid Gulix (bestuurder voorzitter)
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11805E0395/00Y010 | Flanders | 90 m² | 1 · 65 m² | 12.2 m · 4 |