Equity
-€19,954
Debts exceed assets in financial year 2025.
Echo Solutions
Lifetime
3 annual accounts with figures on one time axispeak €2,204 (2023)
€1,587▲ €3,445
lowest -€27,473 (2025)
-€27,473▼ €22,764
peak €12,230 (2023)
-€19,954▼ €27,473
€137,083▲ 18.7%
Board2 names since 2015
2 directorsGREMMEN Thijs Jonathan and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€1,858 to €1,587Loss of €27,473Equity from €7,520 to -€19,954Debts from €115,524 to €137,083Investments €3,581
Key points
from the 2025 annual accountsLosses
-€32,183 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€137,083 117% of the balance sheet
Financial debts 1%Suppliers 97%Taxes and wages 0%Other 2%
Of this, €136,119 falls due within a year.
Investments
€3,581 3.7 × depreciation
Green is investment, beige is depreciation.
Filings
3 annual accounts 2 late
The 2025 accounts came latest: 31 days after the end of the period.
Position in the sector
-€27,473
Lower net result than 95% of companies in head offices and management consultancy. Sector median €27,138 · 39,380 companies.
Checked score
52
Fair
Financially stronger than 5% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.1%▼ -0.2 percentage points vs 05-2025lowest value
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.6%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 0.6%● unchanged vs 09-2026highest value
11-2026: 0.6%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Loss of €27,473, the second in a row (financial year 2025)
Negative equity -€19,954
lowers risk
Size: total assets €117,129
Sector: Activities of head offices; management consultancy activities (NACE 70)
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 6% of them on solvency, 8% on liquidity, 4% on profitability and 1% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,907 companies had the same profile as Echo Solutions has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Echo Solutions itself is lower: 0.6% within 12 months. It rests on far more data about Echo Solutions than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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% |
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 6,907 companies, not a prediction for Echo Solutions. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.83 (1.05 in 2024), below 1. Short-term debt is 116.2% and cash 14.4% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€19,954
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
31 days late
2024
14 days late
2023
6 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 13 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0547675460
Company renamed from ECHO TELECOM to Echo Solutions
Registered office moved to Duffel · New registered office: Hoogstraat 16 bus 2, 2570 Duffel · Resignations: HVNV (manager) and GREMMEN Thijs Jonathan (manager) · General meeting of 31-03-2023 · Gazette deed
First establishment
Echo Telecom - Echo Solutions, Hoogstraat 16, Duffel
Incorporation
published on 17-03-2014 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Echo Solutions Duffel | €117,129 | €1,587 | -17.0% | - |
| LOEBAG Lier | €106,915 | €1,626 | 96.4% | - |
| SIBELEX Anhée | €117,180 | €1,378 | 51.1% | - |
| Frontview Duffel | €124,230 | -€19,760 | 89.9% | - |
| Atelerix Mechelen | €145,297 | €1,940 | 40.6% | - |
| BS Solution Putte | €76,962 | €1,382 | 43.5% | - |
| Vossenstreken Bonheiden | €117,843 | -€14,880 | 83.2% | - |
These companies have the same main activity as Echo Solutions: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €77,000 and €145,000, founded between 2012 and 2016.
Official details
Source: KBO- Status
- Active since 22-02-2014Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.227.557.1912570 Duffel, since 01-03-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 12-01-2025
Insights on Echo Solutions
Echo Solutions files the micro format. That format states no turnover. The gross margin fell from €2,204 in 2023 to €1,587 in 2025.
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 Solutions
- What is the company number of Echo Solutions?
- The company number of Echo Solutions is 0547.675.460. The VAT number is the same number with BE in front: BE 0547.675.460.
- Where is Echo Solutions based?
- The registered office is at Hoogstraat 16, 2570 Duffel.Company details
- What does Echo Solutions do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Echo Solutions?
- Echo Solutions is a private limited company (BV).
- When was Echo Solutions founded?
- Echo Solutions was founded on 22-02-2014.
- Is Echo Solutions still active?
- Yes, Echo Solutions is an active enterprise in the KBO register.
- What is the turnover of Echo Solutions?
- The turnover in financial year 2025 is ≈ €7,400. This figure is estimated from the gross margin of €1,587 and 205 comparable companies (NACE 70200). It probably lies between €3,600 and €15,000. It is a rough estimate.Financials
- Is Echo Solutions profitable?
- In financial year 2025, Echo Solutions made a loss of €27,473.
- Where can I find the annual accounts of Echo Solutions?
- Echo Solutions filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Echo Solutions due?
- Echo Solutions must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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