ECHO DRY
ActiveFrom the official registers: KBO 34 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
ECHO DRY has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110,668 and a net result of -€4,203. Equity remains stable across the filed financial years (±2% per year). The computed 12-month bankruptcy probability is 1.2% (low).
Financials · financial year 2025, micro format
2025 annual accounts filed late (76 days) Filed on 15 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00562830.
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 15-10-2026
- Format
- micro format
- Reference
- 2026-00562830
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €4,247 in 2025 against €7,117 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 2,507 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96.4% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,445 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 2,507 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | €14,405 | - | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €7,214 | €14,155 | €14,155 | €14,207 | €16,464 | €20,574 | ▲ 25.0% |
| Other operating charges640/8 | - | €3,269 | €1,598 | €6,775 | €3,810 | €3,951 | €4,076 | ▲ 3.1% |
| Gross operating margin9900 | €13,383 | €440,253 | €13,163 | €17,961 | €20,940 | €13,299 | €20,402 | ▲ 53.4% |
| Operating profit (loss)9901 | €10,491 | €429,770 | -€2,589 | -€2,969 | €2,923 | -€7,117 | -€4,247 | ▲ 40.3% |
| Financial charges65/66B | - | - | - | - | €1,109 | €1,491 | €1,316 | ▼ 11.7% |
| Recurring financial charges65 | - | - | - | - | €1,109 | €1,491 | €1,316 | ▼ 11.7% |
| Profit (loss) for the period before taxes9903 | €10,491 | €429,770 | -€2,589 | -€2,969 | €1,814 | -€8,608 | -€5,564 | ▲ 35.4% |
| Transfer from deferred taxes780 | - | €1,655 | €3,280 | €3,280 | €3,292 | €3,702 | €3,861 | ▲ 4.3% |
| Transfer to deferred taxes680 | - | €106,580 | - | - | - | - | - | - |
| Income taxes67/77 | €23,906 | €8,072 | €3,000 | €2,908 | €3,676 | €2,218 | €2,500 | ▲ 12.7% |
| Profit (loss) for the period9904 | -€13,416 | €316,772 | -€2,310 | -€2,597 | €1,430 | -€7,123 | -€4,203 | ▲ 41.0% |
| Transfer from tax-exempt reserves789 | - | €4,964 | €9,839 | €9,839 | €9,875 | €11,107 | €11,583 | ▲ 4.3% |
| Transfer to tax-exempt reserves689 | - | €319,739 | - | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€13,416 | €1,997 | €7,529 | €7,242 | €11,305 | €3,984 | €7,381 | ▲ 85.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €83,856 | €474,329 | €460,174 | €446,019 | €447,711 | €479,583 | €459,009 | ▼ 4.3% |
| Fixed assets21/28 | €83,856 | €474,329 | €460,174 | €446,019 | €447,711 | €479,583 | €459,009 | ▼ 4.3% |
| Intangible fixed assets21 | - | €0 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €83,753 | €474,329 | €460,174 | €446,019 | €447,711 | €479,583 | €459,009 | ▼ 4.3% |
| Land and buildings22 | - | €474,329 | €460,174 | €446,019 | €447,711 | €479,583 | €459,009 | ▼ 4.3% |
| Financial fixed assets28 | €103 | - | - | - | - | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €83,856 | €474,329 | €460,174 | €446,019 | €447,711 | €479,583 | €459,009 | ▼ 4.3% |
| Equity10/15 | -€141,302 | €125,471 | €123,161 | €120,564 | €121,994 | €114,870 | €110,668 | ▼ 3.7% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | - | €316,634 | €306,795 | €296,956 | €287,081 | €275,974 | €264,390 | ▼ 4.2% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | - | €314,775 | €304,936 | €295,097 | €285,221 | €274,114 | €262,531 | ▼ 4.2% |
| Profit (loss) carried forward14 | -€211,753 | -€209,756 | -€202,226 | -€194,984 | -€183,679 | -€179,695 | -€172,315 | ▲ 4.1% |
| Provisions and deferred taxes16 | - | €104,925 | €101,645 | €98,366 | €95,074 | €91,371 | €87,510 | ▼ 4.2% |
| Deferred taxes168 | - | €104,925 | €101,645 | €98,366 | €95,074 | €91,371 | €87,510 | ▼ 4.2% |
| Amounts payable17/49 | €225,157 | €243,934 | €235,368 | €227,090 | €230,644 | €273,341 | €260,831 | ▼ 4.6% |
| Amounts payable within one year42/48 | €225,157 | €243,934 | €235,368 | €227,090 | €229,597 | €271,850 | €259,515 | ▼ 4.5% |
| Trade debts44 | - | - | €5,250 | €7,728 | €5,894 | €9,621 | €13,597 | ▲ 41.3% |
| Suppliers440/4 | - | - | €5,250 | €7,728 | €5,894 | €9,621 | €13,597 | ▲ 41.3% |
| Taxes, remuneration and social security45 | - | €7,421 | €10,421 | €8,336 | €11,234 | €13,452 | €16,399 | ▲ 21.9% |
| Taxes450/3 | - | €7,421 | €10,421 | €8,336 | €11,234 | €13,452 | €16,399 | ▲ 21.9% |
| Other amounts payable47/48 | - | €236,513 | €219,697 | €211,025 | €212,469 | €248,778 | €229,519 | ▼ 7.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,047 | €1,491 | €1,316 | ▼ 11.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,416 | €316,772 | -€2,310 | -€2,597 | €1,430 | -€7,123 | -€4,203 | ▲ 41.0% |
| + Depreciation and write-downs630 | - | €7,214 | €14,155 | €14,155 | €14,207 | €16,464 | €20,574 | ▲ 25.0% |
| Operating cash flow (approximation) | -€13,416 | €323,986 | €11,845 | €11,558 | €15,637 | €9,341 | €16,371 | ▲ 75.3% |
| Investment in fixed assets (approximation) | - | -€397,687 | €0 | €0 | -€15,900 | -€48,336 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-10-2026 | 2026-00562830 | NBB |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00525450 | |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00429842 | |
| 31-12-2022 | micro format | 29-09-2023 | 2023-00467565 | |
| 31-12-2021 | micro format | 24-10-2022 | 2022-20470274 | |
| 31-12-2020 | micro format | 29-07-2022 | 2022-20274182 | |
| 31-12-2019 | micro format | 17-03-2022 | 2022-07900333 | |
| 31-12-2017 | micro format | 24-08-2018 | 2018-50000067 | |
| 31-12-2016 | full format | 23-01-2018 | 2018-02100066 | |
| 31-12-2015 | full format | 09-11-2017 | 2017-69500334 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.