Equity
-€19,954
Debts exceed assets in financial year 2025.
Echo Solutions
Overview
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 09-11-2026 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.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
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
Annual accounts 2025
- €1,587
- ≈ €7,400estimated
- €27,473▲ 483%
- -€19,954
- €117,129▼ 4.8%
- Filing
- Filed on 31-08-2026
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.
Financials
Annual accounts 2025
micro format, filed on 31-08-2026, 31 days late€1,587
▲ €3,445
-€26,456
▼ €22,782
-€27,473
▼ €22,764
-€23,243
▼ €29,113
-17.0%
▼ 23.1 percentage points
0.83
▼ 0.22
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 ≈ €7,400. Estimated: probably between €3,600 and €15,000.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €117,129 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-17.0%
Higher than 7% of 39,364 companies in 2025.
0.83
Higher than 19% of 38,048 companies in 2025.
-23.5%
Higher than 6% of 38,520 companies in 2025.
Echo Solutions
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
117,129 | 123,044 | 146,892 | |
21/28 |
4,252 | 1,649 | 2,290 | |
22/27 |
3,862 | 1,259 | 1,900 | |
24 |
3,862 | 1,259 | 1,900 | |
28 |
390 | 390 | 390 | |
29/58 |
112,877 | 121,394 | 144,603 | |
40/41 |
91,957 | 100,942 | 105,733 | |
40 |
77,040 | 93,105 | 105,728 | |
41 |
14,917 | 7,836 | 5 | |
54/58 |
16,890 | 15,605 | 31,946 | |
490/1 |
4,030 | 4,847 | 6,924 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
117,129 | 123,044 | 146,892 | |
10/15 |
-19,954 | 7,520 | 12,230 | |
10/11 |
1,200 | 1,200 | 1,200 | |
13 |
11,186 | 11,186 | 11,186 | |
130/1 |
120 | 120 | 120 | |
1311 |
120 | 120 | 120 | |
133 |
11,066 | 11,066 | 11,066 | |
14 |
-32,340 | -4,866 | -157 | |
17/49 |
137,083 | 115,524 | 134,663 | |
17 |
963 | - | - | |
170/4 |
963 | - | - | |
42/48 |
136,119 | 115,524 | 134,663 | |
42 |
1,599 | - | - | |
43 |
498 | 794 | 634 | |
430/8 |
498 | 794 | 634 | |
44 |
132,824 | 110,876 | 111,316 | |
440/4 |
132,824 | 110,876 | 111,316 | |
45 |
201 | 2,778 | 9,417 | |
450/3 |
201 | 2,778 | 9,417 | |
47/48 |
997 | 1,075 | 13,296 | |
| Income statement | ||||
76A |
- | 1,825 | - | |
9900 |
1,587 | -1,858 | 2,204 | |
630 |
978 | 640 | 205 | |
631/4 |
25,918 | 215 | -10,444 | |
640/8 |
708 | 961 | 850 | |
66A |
439 | - | 1,028 | |
9901 |
-26,456 | -3,675 | 10,565 | |
75/76B |
383 | 114 | 35 | |
75 |
383 | 114 | 35 | |
65/66B |
1,249 | 1,002 | 2,639 | |
65 |
1,249 | 1,002 | 2,639 | |
9903 |
-27,322 | -4,562 | 7,960 | |
67/77 |
151 | 148 | 2,688 | |
9904 |
-27,473 | -4,710 | 5,272 | |
9905 |
-27,473 | -4,710 | 5,272 | |
| Appropriation of the result | ||||
9906 |
-32,340 | -4,866 | -157 | |
14P |
-4,866 | -157 | -5,428 | |
791/2 |
- | - | 12,279 | |
694/7 |
- | - | 12,279 | |
694 |
- | - | 12,279 | |
| Document | ||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00497859.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| -25,478 | -3,034 | 10,770 | ||
| -26,495 | -4,069 | 5,477 | ||
| 3,581 | 0 | 1,346 | ||
| 1,285 | -16,340 | - | ||
| -23,243 | 5,870 | 9,940 | ||
| -17.0% | 6.1% | 8.3% | ||
| 0.83 | 1.05 | 1.07 | ||
| - | 15.36 | 11.01 | ||
| - | -62.6% | 43.1% | ||
| -23.5% | -3.8% | 3.6% | ||
| -20.39 | -3.03 | 4.08 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €3,581 | - | €1,346 |
| €978 | €640 | €205 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on Echo Solutions
The operating result for 2025 is a loss of €26,456, larger than the loss of €3,675 in 2024. It is the lowest result since 2023.
Equity is negative. Debt (€137,083) exceeds the balance-sheet total (€117,129).
Board & ownership
Board
2 directors, last change in 2023Director (not named in the articles)
since 01-07-2015
term without a fixed end
earlier manager, until 09-05-2023
listed in the 2025 annual accounts, filed on 31-08-2026
Hvnv BV
Director (not named in the articles), permanent representative VERMEULEN Hugo Theo Paulina
since 01-07-2015
term without a fixed end
earlier manager, until 09-05-2023
listed in the 2025 annual accounts, filed on 31-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 09-05-2023
Permanent representatives 1
VERMEULEN Hugo Theo Paulina
Permanent representative, for Hvnv
in office according to the deed of 09-05-2023
Mandates through the years
2 names, the dashed line is todayGREMMEN Thijs Jonathan
Director (not named in the articles)
Director (not named in the articles)
Hvnv
Director (not named in the articles)
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
- GREMMEN Thijs Jonathan
- Director (not named in the articles), from 01-07-2015 to date
- Manager, until 09-05-2023
- Hvnv
- Director (not named in the articles), from 01-07-2015 to date
- Manager, until 09-05-2023
Control
Capital
- Contribution
- €1,200
- Source
- 2025 annual accounts
Articles of association
deed of 09-05-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
Network & group
No group
Echo Solutions has no parent and no holdings in its annual accounts.
At the same address
Hoogstraat 16, 2570 Duffel · 3 other companies| Hvnv
registered office since 03-03-2008 · founded in 2008 |
total assets €996,469 (2025) 0896.187.552 |
| Bits4KMO
registered office since 19-10-2026 |
founded in 2026 1044.242.612 |
| Vereniging van mede-eigenaars Residentie Zonneschijn 16-A
registered office since 01-08-1995 |
founded in 1995 0691.837.454 |
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
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Timeline
Timeline
8 events since 2014Board
Filings
Financial
Establishments
Address
2014201620182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 31 days late
2025
Weakest financial year net -€27,473 The net result drops to -€27,473, the lowest from 2023 to 2025.
Annual accounts 2024 filed PDFmicro format · 14 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0547675460
2024
Annual accounts 2023 filed PDFmicro format · 6 days before the deadline
2023
Company renamed from ECHO TELECOM to Echo SolutionsRegistered office moved to Duffel · New registered office: Hoogstraat 16 bus 2, 2570 Duffel · Resignations: HVNV (manager) and GREMMEN Thijs Jonathan (manager) · General meeting of 31-03-202312 points ▸
- General meeting, 31-03-2023
- Legal-form conversion, from limited partnership to private limited company
- Name change, Echo Solutions
- 300 shares
- Director discharge, HVNV (manager)
- Director discharge, GREMMEN Thijs Jonathan (manager)
- Director resignation, HVNV (manager)
- Director resignation, GREMMEN Thijs Jonathan (manager)
- Director reappointment, HVNV (director (not named in the articles))
- Director reappointment, GREMMEN Thijs Jonathan (director (not named in the articles))
- Permanent representative, VERMEULEN Hugo Theo Paulina
- Registered-office move, Hoogstraat 16 bus 2, 2570 Duffel
- The deed holds 9 more points.
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
Identity
- Enterprise number
- 0547.675.460
- VAT number
- BE 0547.675.460
- Peppol ID
- 0208:0547675460
- Other Peppol ID
- 9925:BE0547675460
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 22-02-2014
- Financial year
- ends on 31 December
- Peppol
- Reachable since 12-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Echo Solutions in Dutch
- Former name
- ECHO TELECOM until the deed of 09-05-2023
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 09-05-2023 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- Echo Solutionsdeed of 09-05-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 09-05-2023 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het aanbieden van consultancy-diensten met betrekking tot telecom,algemeen management,IT,financiën,marketing,public relations,aankoop of…”deed of 09-05-2023 (in Dutch)
9 activities
- Het aanbieden van consultancy-diensten met betrekking tot telecom,algemeen management,IT,financiën,marketing,public relations,aankoop of verkoop.
- Het uitbaten en beheren van een(web)winkel.
- De aan-en verkoop,in-en uitvoer,productie van en handel in alle software,ICT-en telecomhardware en toebehoren en diensten verleend via het internet(cloud)en alle aanverwante producten.
- Het opzetten,promoten,begeleiden,keuren,auditen en uitvoeren van alle projecten die verband houden met telecomoplossingen en-infrastructuur,herstructureringen,strategische koersbepalingen of andere aanpassingen of beslissingen binnen een bedrijf.
- Het organiseren en het geven van trainingen,events,opleidingen en seminaries in binnen-en buitenland,inbegrepen het schrijven,distribueren en verkopen van boeken en handleidingen.
- Het bevorderen van de oprichting van vennootschappen door inbreng,participaties of investering.
- Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels-en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan depositobanken,houders van deposito's op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen.
- Het waarnemen van alle bestuursopdrachten in andere rechtspersonen,en het uitoefenen van opdrachten en functies die rechtstreeks of onrechtstreeks met het maatschappelijk doel verband houden.
- De aan-en verkoop,in-eh uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in het kort tussenpersoon in de handel.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Echo Telecom - Echo Solutions registered office Hoogstraat 16, 2570 Duffel 61100 Wired, wireless and satellite telecommunications | 01-03-2014 | 2.227.557.191 |
Buildings and parcels at the address
- Ground area
- 1,295 m²
- Buildings
- 160 m²
- Volume, LiDAR
- 1,270 m³
- Tallest building
- 11.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12302D0556/00P004 | 1,295 m² | 1 · 160 m² | 11.8 m · 3 |