Profit
6 years
6 profitable years in a row. Profit 2021: €17,764.
ECHO FALLS
Overview
Lifetime
12 annual accounts with figures on one time axispeak €36,220 (2019)
€24,295▲ €24,642
lowest -€17,995 (2015)
€17,764▲ 42×
peak €55,855 (2021)
€55,855▲ 57.8%
€7,057▲ 197%
Board1 name since 2021
-
Documentsfilings and deeds
17-05-2021167 days before the deadline
2021micro format
Gross margin from -€348 to €24,295Result from €423 to €17,764Merger: absorbed by ZENITH 04-06Merger proposal: to be absorbed by Zenith NV 13-04Equity from €35,391 to €55,855Debts from €2,378 to €7,057
Key points
from the 2021 annual accounts, the last ones filedLiquidity
9.38 was 16.14 in 2020
Short-term debts rose from €2,378 to €6,776.
Filings
12 annual accounts since 2010
Three of the last ten came late. The 2013 accounts came latest: 581 days after the end of the period.
No score
Recent changes
Merger: absorbed by ZENITH
Dissolution of the company · Dissolved without liquidation · Resignation: Glorie Denis (director) · General meeting of 18-05-2021 · Gazette deed
Merger proposal: to be absorbed by Zenith NV
Gazette deed
Incorporation
8 publications in the Belgian Official Gazette, the last on 04-06-2021 · Gazette deed
Official details
Source: KBO- Status
- Absorbed by ZENITHmerger by absorption, June 2021
- Activity
- “De vennootschap heeft tot voorwerp,zowel in België als in het buitenland,het verstrekken van adviezen…” (deed in Dutch)From the articles, 10 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 March
- Peppol
- Not found in the Peppol Directory
Annual accounts to 31-03-2021
- €24,295
- ≈ €190,000estimated
- €17,764▲ 42×
- €55,855▲ 57.8%
- €63,535▲ 65.5%
- Filing
- Filed on 17-05-2021
Companies linked to ECHO FALLS
Parent and group
Insights on ECHO FALLS
Absorbed by ZENITH in June 2021. The last annual accounts are for financial year 2021. The company was dissolved without liquidation.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2021
micro format, filed on 17-05-2021, 167 days before the deadline€24,295
▲ €24,642
€24,195
▲ €24,692
€17,764
▲ 42×
€56,758
▲ 57.6%
87.9%
▼ 4.3 percentage points
9.38
▼ 6.77
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €190,000. Estimated: probably between €85,000 and €440,000.
Balance sheet
balance sheet total €63,535 on 31-03-2021What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
63,535 | 38,391 | 62,614 | 27,263 | 22,574 | 39,874 | 3 | 1,506 | 22,975 | 22,221 | 23,633 | 28,255 | |
21/28 |
- | - | - | - | - | - | - | 986 | 1,603 | 2,751 | 3,379 | 3,584 | |
22/27 |
- | - | - | - | - | - | - | 986 | 1,603 | 2,751 | 3,379 | 3,584 | |
23 |
- | - | - | - | - | - | - | - | 125 | 424 | 723 | 1,022 | |
24 |
- | - | - | - | - | - | - | 733 | 1,168 | 1,959 | 2,232 | 2,080 | |
26 |
- | - | - | - | - | - | - | 253 | 310 | 367 | 425 | 482 | |
29/58 |
63,535 | 38,391 | 62,614 | 27,263 | 22,574 | 39,874 | 3 | 520 | 21,373 | 19,471 | 20,254 | 24,671 | |
40/41 |
5,082 | 4,858 | 4,858 | 1,766 | 20,010 | - | - | 500 | 13,455 | 19,020 | 18,801 | 21,184 | |
40 |
5,082 | - | - | - | 20,010 | - | - | - | - | 10,257 | 17,423 | 16,658 | |
41 |
- | 4,858 | 4,858 | 1,766 | - | - | - | 500 | 13,455 | 8,763 | 1,378 | 4,526 | |
54/58 |
58,453 | 33,533 | 57,756 | 25,497 | 2,564 | 39,874 | 3 | 20 | 78 | 450 | 1,453 | 3,189 | |
490/1 |
- | - | - | - | - | - | - | - | 7,840 | - | - | 298 | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
63,535 | 38,391 | 62,614 | 27,263 | 22,574 | 39,874 | 3 | 1,506 | 22,975 | 22,221 | 23,633 | 28,255 | |
10/15 |
55,855 | 35,391 | 34,968 | 11,309 | 5,316 | -4,197 | -28,959 | -10,964 | -5,698 | -8,416 | -6,686 | 7,064 | |
10/11 |
18,600 | 15,900 | 15,900 | 15,900 | 12,000 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | 2,700 | 2,700 | 2,700 | 6,600 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
37,255 | 19,491 | 19,068 | 14,364 | 14,364 | 14,364 | 864 | 864 | 864 | 864 | 864 | 864 | |
130/1 |
1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 864 | 864 | 864 | 864 | 864 | 864 | |
1311 |
1,860 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
35,395 | 17,631 | 17,208 | 12,504 | 12,504 | 12,504 | - | - | - | - | - | - | |
14 |
- | - | - | -18,955 | -21,049 | -24,762 | -36,023 | -18,028 | -12,762 | -15,480 | -13,750 | - | |
16 |
622 | 622 | 3,000 | - | - | - | - | - | - | - | - | - | |
168 |
622 | 622 | 3,000 | - | - | - | - | - | - | - | - | - | |
17/49 |
7,057 | 2,378 | 24,646 | 15,954 | 17,258 | 44,071 | 28,961 | 12,470 | 28,673 | 30,637 | 30,319 | 21,191 | |
17 |
281 | - | 7,790 | 7,884 | 3,077 | 11,151 | - | - | - | - | - | - | |
178/9 |
281 | - | 7,790 | 7,884 | 3,077 | 11,151 | - | - | - | - | - | - | |
42/48 |
6,776 | 2,378 | 16,857 | 8,069 | 14,181 | 32,920 | 28,211 | 9,720 | 27,923 | 28,805 | 28,764 | 19,537 | |
44 |
- | 2,378 | 1,844 | 7,041 | 9,154 | - | 7,551 | 1,500 | 12,099 | 8,330 | 10,402 | 8,189 | |
440/4 |
- | 2,378 | 1,844 | 7,041 | 9,154 | - | 7,551 | 1,500 | 12,099 | 8,330 | 10,402 | 8,189 | |
46 |
- | - | - | - | - | - | - | - | - | 469 | 469 | 66 | |
45 |
6,776 | - | 15,013 | 1,028 | 5,027 | 16,352 | 4,432 | 4,939 | 15,616 | 17,125 | 15,825 | 10,841 | |
450/3 |
6,776 | - | 12,302 | 1,028 | 5,027 | 16,352 | 4,432 | 4,939 | 13,322 | 14,831 | 15,825 | 8,548 | |
454/9 |
- | - | 2,711 | - | - | - | - | - | 2,293 | 2,293 | - | 2,293 | |
47/48 |
- | - | - | - | - | 16,568 | 16,228 | 3,281 | 208 | 2,882 | 2,069 | 441 | |
492/3 |
- | - | - | - | - | - | 750 | 2,750 | 750 | 1,832 | 1,554 | 1,653 | |
| Income statement | |||||||||||||
76A |
- | - | - | - | - | - | - | - | 1,113 | - | - | - | |
9900 |
24,295 | -348 | 36,220 | 3,271 | 14,447 | 29,943 | -16,531 | 418 | 19,392 | 7,635 | -3,042 | 9,259 | |
630 |
- | - | - | - | - | - | - | 617 | 1,031 | 1,346 | 1,481 | 2,920 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | 400 | |
640/8 |
100 | 150 | 148 | 149 | 3,804 | 93 | 807 | 2,562 | 8,211 | 2,687 | 6,261 | 972 | |
66A |
- | - | - | - | - | - | 486 | 99 | 1,031 | 429 | - | - | |
9901 |
24,195 | -498 | 36,072 | 3,122 | 10,643 | 29,850 | -17,338 | -2,761 | 10,149 | 3,602 | -10,783 | 4,967 | |
75/76B |
- | - | - | - | - | - | - | - | 928 | 242 | 95 | 174 | |
75 |
- | - | - | - | - | - | - | - | 928 | 242 | 95 | 174 | |
65/66B |
110 | 26 | 112 | -6 | 4,549 | 6 | 171 | 2,406 | 4,400 | 2,536 | 3,057 | 616 | |
65 |
110 | 26 | 112 | -6 | 4,549 | 6 | 171 | 2,406 | 4,400 | 2,536 | 3,057 | 616 | |
9903 |
24,085 | -524 | 35,961 | 3,128 | 6,093 | 29,844 | -17,995 | -5,266 | 6,759 | 879 | -13,745 | 4,525 | |
67/77 |
6,320 | -947 | 12,303 | 1,035 | 2,380 | 5,082 | - | - | 4,041 | 2,609 | 6 | 3,660 | |
9904 |
17,764 | 423 | 23,658 | 2,094 | 3,713 | 24,762 | -17,995 | -5,266 | 2,718 | -1,730 | -13,750 | 864 | |
9905 |
17,764 | 423 | 23,658 | 2,094 | 3,713 | 24,762 | -17,995 | -5,266 | 2,718 | -1,730 | -13,750 | 864 | |
| Appropriation of the result | |||||||||||||
9906 |
17,764 | 423 | 4,703 | -18,955 | -21,049 | -11,262 | -36,023 | -18,028 | -12,762 | -15,480 | -13,750 | 864 | |
691/2 |
17,764 | 423 | 4,703 | - | - | 13,500 | - | - | - | - | - | 864 | |
6920 |
- | - | - | - | - | 996 | - | - | - | - | - | 864 | |
6921 |
17,764 | 423 | 4,703 | - | - | 12,504 | - | - | - | - | - | - | |
| Document | |||||||||||||
Source: Annual accounts 2021 (PDF), filed on 17-05-2021.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2021 | micro format | 17-05-2021 | 2021-14300254 | |
| 31-03-2020 | micro format | 11-06-2020 | 2020-16400108 | |
| 31-03-2019 | micro format | 29-04-2019 | 2019-11100247 | |
| 31-03-2018 | micro format | 24-09-2018 | 2018-65700036 | |
| 31-03-2017 | micro format | 31-08-2017 | 2017-60100204 | |
| 31-03-2016 | abbreviated format | 17-10-2016 | 2016-65800063 | |
| 31-03-2015 | abbreviated format | 21-09-2015 | 2015-59100402 | |
| 31-03-2014 | abbreviated format | 09-09-2015 | 2015-58300358 | |
| 31-03-2013 | abbreviated format | 04-06-2015 | 2015-14700551 | |
| 31-03-2012 | abbreviated format | 19-11-2012 | 2012-64100270 | |
| 31-03-2011 | abbreviated format | 08-11-2011 | 2011-60100324 | |
| 31-03-2010 | abbreviated format | 18-11-2010 | 2010-60800580 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | -2,144 | 11,181 | 4,948 | -9,302 | 7,887 | ||
| - | - | - | - | - | - | - | -4,649 | 3,749 | -384 | -12,270 | 3,784 | ||
| - | - | - | - | - | - | - | 0 | -117 | 718 | 1,275 | 5,554 | ||
| 24,920 | -24,223 | 32,259 | 22,933 | -37,310 | 39,871 | -18 | -57 | -373 | -1,002 | -1,736 | - | ||
| 56,758 | 36,013 | 45,757 | 19,194 | 8,393 | 6,954 | -28,209 | -9,200 | -6,550 | -9,335 | -8,510 | 5,133 | ||
| 87.9% | 92.2% | 55.8% | 41.5% | 23.5% | -10.5% | - | - | -24.8% | -37.9% | -28.3% | 25.0% | ||
| 9.38 | 16.14 | 3.71 | 3.38 | 1.59 | 1.21 | - | - | 0.77 | 0.68 | 0.70 | 1.26 | ||
| 0.13 | 0.07 | 0.70 | 1.41 | 3.25 | - | - | - | - | - | - | 3.00 | ||
| 31.8% | 1.2% | 67.7% | 18.5% | 69.8% | - | - | - | - | - | - | 12.2% | ||
| 28.0% | 1.1% | 37.8% | 7.7% | 16.4% | 62.1% | - | - | 11.8% | -7.8% | -58.2% | 3.1% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on ECHO FALLS
The operating result for 2021 is a profit of €24,195, after a loss of €498 in 2020.
Debt's share of the balance-sheet total rises from 6.2% to 11.1%. Equity and debt are higher.
Board & ownership
Mandates through the years
1 nameGlorie Denis
Board
Board
Earliermandate already running before its first mention
Mandates as a list
- Glorie Denis
- Board, until 18-05-2021
Control
100%
This company
ECHO FALLS
Equity €55,855
Profit €17,764 in 2021
Further up the chainGC-TRANS 100%
Capital
- Capital
- €15,900
- Source
- 2020 annual accounts
Capital transactions
Shareholders according to the deeds
Stated in the deed
deed of 04-06-2021 ↗
- ZENITH (BE 0453.672.067) enige aandeelhouder · all shares
Network & group
Parent
ZENITH
no longer active0453.672.067 · 100% of the shares · equity €214,492 · profit €10,735 (2020)
Acquisitions and mergers
1 transactionTaken over by:ZENITH
Connections & network
The network starts from the shareholders of ECHO FALLS. Every company they also own or run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
21 events since 2008Board
Capital
Filings
Financial
End
2008201020122014201620182020202220242026
2021
Merger: absorbed by ZENITHDissolution of the company · Dissolved without liquidation · Resignation: Glorie Denis (director) · General meeting of 18-05-20214 points ▸
- General meeting, 18-05-2021
- Accounting effect, 01-01-2021
- ZENITH holds all the shares
- Director resignation, Glorie Denis
- The deed holds 2 more points.
Annual accounts 2021 filed PDFmicro format · 167 days before the deadline
Merger proposal: to be absorbed by Zenith NV3 points ▸
- Board composition, Denis Glorie (director), mentioned twice in the deed
- Board composition, Roland Glorie (director)
- Accounting effect, 01-01-2021
- The deed holds 8 more points.
2020
Annual accounts 2020 filed PDFmicro format · 142 days before the deadline
Liquidity more than quadruples current ratio 16.14 The current ratio rises from 3.71 to 16.14. Short-term debt falls from €16,857 to €2,378.
2019
Annual accounts 2019 filed PDFmicro format · 185 days before the deadline
2018
Annual accounts 2018 filed PDFmicro format · 37 days before the deadline
Liquidity more than doubled current ratio 3.38 The current ratio rises from 1.59 to 3.38. Short-term debt falls from €14,181 to €8,069.
2017
Annual accounts 2017 filed PDFmicro format · 61 days before the deadline
2016
Annual accounts 2016 filed PDFabbreviated format · 14 days before the deadline
Back to profit net €24,762 The net result is €24,762, after 2 loss-making years.
Liquidity more than 12203 times current ratio 1.21 The current ratio rises from 0.00 to 1.21.
2015
Annual accounts 2015 filed PDFabbreviated format · 40 days before the deadline
Annual accounts 2014 filed PDFabbreviated format · 313 days late
Annual accounts 2013 filed PDFabbreviated format · 581 days late
Weakest financial year net -€17,995 The net result drops to -€17,995, the lowest from 2010 to 2021.
2013
Back to profit net €2,718 The net result is €2,718, after 2 loss-making years.
2012
Annual accounts 2012 filed PDFabbreviated format · 19 days late
2011
Annual accounts 2011 filed PDFabbreviated format · 8 days late
2010
Annual accounts 2010 filed PDFabbreviated format · 18 days late
2008
Incorporation PDF8 publications in the Belgian Official Gazette, the last on 04-06-2021
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Purpose according to the articles of association
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “De vennootschap heeft tot voorwerp,zowel in België als in het buitenland,het verstrekken van adviezen aan…”
10 activities
- De vennootschap heeft tot voorwerp,zowel in België als in het buitenland,het verstrekken van adviezen aan ondernemingen,vennootschappen,natuurlijke- en rechtspersonen op het vlak van ICT,marketing,logistiek,organisatie,planning,administratieve,financiële en logistieke opvolging,projectmanagement,het begeleiden van outsourcing en de ontwikkeling en integratie van software,hardware en systemen die via software of hardware worden gestuurd,alsook het voorbereiden en geven van trainingen,seminaries,lessen en het organiseren van evenementen in de ruimste zin van het woord.
- De vennootschap kan alle voormelde verrichtingen stellen zo in eigen naam als voor rekening van derden,zo alleen als in samenwerking met derden.
- De vennootschap heeft tevens tot voorwerp,zowel in België als in het buitenland,het aan en verkopen van onroerende goederen.Het beheren en oordeelkundig uitbreiden in de ruimste zin van het woord van een patrimonium grotendeels bestaande uit onroerende goederen.Binnen het kader van haar voorwerp zal de vennootschap mogen overgaan tot het aankopen en verkopen,opschikken,uitrusten,valoriseren,bouwen,laten bouwen en verbouwen,zakelijke rechten verlenen of afsluiten,in huur nemen of verhuren van onroerende goederen,bebouwd of onbebouwd,gemeubeld of ongemeubeld.
- De vennootschap mag aan haar bedrijfsleiders en/of werknemers gratis woonst verlenen,dit ter compensatie van de door hen uitgevoerde verrichtingen ten voordele van de vennootschap.
- De vennootschap mag voorts deelnemen in,het voeren van beheer over en het financieren en samenwerken met andere ondernemingen,vennootschappen en rechtspersonen.
- De vennootschap mag voor eigen rekening en/of voor rekening van derden alle commerciële,industriële,roerende en onroerende handelingen verrichten die rechtstreeks of onrechtstreeks geheel of gedeeltelijk verband houden met haar voorwerp,en die van aard zouden zijn de verwezenlijking ervan te vergemakkelijken of uit te breiden.
- De vennootschap mag tevens de activiteit verwerven,in portefeuille houden en verkopen van participaties in gelijk welke vennootschap of onderneming uitoefenen.Alsook het deelnemen aan het bestuur in gelijk welke vennootschap,al dan niet middels het uitoefenen van bestuursopdrachten.
- De vennootschap kan alle verrichtingen uitvoeren die nodig of dienstig zijn tot de verwezenlijking van haar voorwerp.
- De vennootschap handelt voor eigen rekening,in commissie,als tussenpersoon of als vertegenwoordiger.
- Zij mag haar onroerende goederen in hypotheek stellen en al haar andere goederen,met inbegrip van haar handelsfonds,in pand stellen en mag aval verlenen voor alle leningen,kredietopeningen en andere verbintenissen zowel voor haarzelf als voor alle derden op voorwaarden dat zij er zelf belang bij heeft.
Articles of association, deed of 13-04-2021 (in Dutch)
Inactive
Absorbed by ZENITH in June 2021
ECHO FALLS is no longer in the KBO register. ZENITH took it over in a merger by absorption, published in the Belgian Official Gazette on 4 June 2021.
- Status
- Inactive
- Reason
- Merger by absorption"operation treated as a merger by absorption", Belgian Official Gazette, 4 June 2021 · deed
- Absorbed by
- ZENITH · 0453.672.067
- Last annual accounts
- financial year to 31 March 2021
- Last registered office
- Morkhovenseweg 59, 2200 Noorderwijkas published on 4 June 2021
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2010