ECHOBEL
ActiveSummary
ECHOBEL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show negative equity (-€12.3m) and a net result of €28,918. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 5% of 6155 sector peers (fiscal year 2024). The company has been active since 1962 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 6155 sector peers (2024).
NBB · sector comparisonPosition among 6155 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-05-2025, 62 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
62 d early
2023
5 d early
2022
29 d late
2021
31 d early
2020
27 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
In the rankings
#1 oldest company in Houthalen-Helchteren, Finance and insurance sector#10 company by total assets in Houthalen-Helchteren, Finance and insurance sector
Equity
-€12.3m▲ 0.2%
2023 · -€12.4m
Net result
€28,918▼ 65.6%
2023 · €84,068
Total assets
€6.3m▲ 0.7%
2023 · €6.2m
Solvency
-197.1%▲ 1.8pp
2023 · -199.0%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€11,450▼ 74.9%€87,832▲ 667%€43,286▼ 50.7%-€19,217-€35,100▼ 82.7%
Net result€84,668within the sector's middle half▲ 97.7%€193,867above the sector's middle half▲ 129%€135,797within the sector's middle half▼ 30.0%€84,068within the sector's middle half▼ 38.1%€28,918within the sector's middle half▼ 65.6%
Equity-€12.8mbelow the sector's middle half▲ 0.7%-€12.6mbelow the sector's middle half▲ 1.5%-€12.4mbelow the sector's middle half▲ 1.1%-€12.4mbelow the sector's middle half▲ 0.7%-€12.3mbelow the sector's middle half▲ 0.2%
Total assets€4.6mabove the sector's middle half▲ 1.6%€5.9mabove the sector's middle half▲ 28.7%€6.1mabove the sector's middle half▲ 2.0%€6.2mabove the sector's middle half▲ 2.5%€6.3mabove the sector's middle half▲ 0.7%
Debt€17.4m▼ 0.1%€18.5m▲ 6.5%€18.5m▼ 0.1%€18.6m▲ 0.4%€18.6m▲ 0.1%
Working capital€3.5m▲ 2.5%€3.6m▲ 4.8%€3.8m▲ 3.7%€3.9m▲ 2.2%€3.9m▲ 0.7%
Solvency-276.7%below the sector's middle half▲ 6.3pp-211.7%below the sector's middle half▲ 65.0pp-205.4%below the sector's middle half▲ 6.3pp-199.0%below the sector's middle half▲ 6.4pp-197.1%below the sector's middle half▲ 1.8pp
Staff (FTE)0below the sector's middle half0within the sector's middle half0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €35,100 in 2024 against €19,217 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.3m
Fixed assets
€56,300 =
Current assets
€6.2m ▲ 0.7%
Key figures and ratios
ROA
0.5%▼
2023 · 1.4%
Debt ≤ 1 year
€2.3m▲
2023 · €2.3m
Debt > 1 year
€15.6m=
2023 · €15.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €250 | €0 | - | - | - |
| Other operating charges640/8 | - | €1,102 | €930 | €1,147 | €1,155 | ▲ 0.6% |
| Gross operating margin9900 | €12,532 | €88,934 | €44,216 | -€18,070 | -€33,946 | ▼ 87.9% |
| Operating profit (loss)9901 | €11,450 | €87,832 | €43,286 | -€19,217 | -€35,100 | ▼ 82.7% |
| Financial income75/76B | - | €106,275 | €92,883 | €103,507 | €86,739 | ▼ 16.2% |
| Recurring financial income75 | €73,947 | €106,275 | €92,883 | €103,507 | €86,739 | ▼ 16.2% |
| Financial charges65/66B | - | €124 | €372 | €222 | €22,721 | ▲ 10,131% |
| Recurring financial charges65 | €615 | €124 | €372 | €222 | €22,721 | ▲ 10,131% |
| Profit (loss) for the period before taxes9903 | €84,782 | €193,982 | €135,797 | €84,068 | €28,918 | ▼ 65.6% |
| Income taxes67/77 | €114 | €115 | €0 | - | - | - |
| Profit (loss) for the period9904 | €84,668 | €193,867 | €135,797 | €84,068 | €28,918 | ▼ 65.6% |
| Profit (loss) for the period to be appropriated9905 | €84,668 | €193,867 | €135,797 | €84,068 | €28,918 | ▼ 65.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.6m | €5.9m | €6.1m | €6.2m | €6.3m | ▲ 0.7% |
| Fixed assets21/28 | €56,300 | €56,300 | €56,300 | €56,300 | €56,300 | = |
| Financial fixed assets28 | €56,300 | €56,300 | €56,300 | €56,300 | €56,300 | = |
| Current assets29/58 | €4.6m | €5.9m | €6.0m | €6.2m | €6.2m | ▲ 0.7% |
| Amounts receivable within one year40/41 | €2.5m | €3.8m | €4.0m | €4.0m | €4.2m | ▲ 5.9% |
| Trade receivables40 | - | €255,016 | €85,496 | €106,107 | €13,424 | ▼ 87.3% |
| Other amounts receivable41 | - | €3.5m | €3.9m | €3.9m | €4.2m | ▲ 8.5% |
| Cash at bank and in hand54/58 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | ▲ 0.1% |
| Deferred charges and accrued income490/1 | - | €106,470 | €95,617 | €195,921 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.6m | €5.9m | €6.1m | €6.2m | €6.3m | ▲ 0.7% |
| Equity10/15 | -€12.8m | -€12.6m | -€12.4m | -€12.4m | -€12.3m | ▲ 0.2% |
| Contributions10/11 | €2.5m | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Capital10 | - | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Issued capital100 | - | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Reserves13 | €535,407 | €535,407 | €535,407 | €535,407 | €535,407 | = |
| Non-distributable reserves130/1 | - | €247,900 | €247,900 | €247,900 | €247,900 | = |
| Legal reserve130 | - | €247,900 | €247,900 | €247,900 | €247,900 | = |
| Tax-exempt reserves132 | - | €287,507 | €287,507 | €287,507 | €287,507 | = |
| Profit (loss) carried forward14 | -€15.8m | -€15.6m | -€15.5m | -€15.4m | -€15.4m | ▲ 0.2% |
| Provisions and deferred taxes16 | €27,017 | €27,017 | €27,017 | €27,017 | €27,017 | = |
| Provisions for liabilities and charges160/5 | - | €27,017 | €27,017 | €27,017 | €27,017 | = |
| Pensions and similar obligations160 | - | €27,017 | €27,017 | €27,017 | €27,017 | = |
| Amounts payable17/49 | €17.4m | €18.5m | €18.5m | €18.6m | €18.6m | ▲ 0.1% |
| Amounts payable after more than one year17 | €15.6m | €15.6m | €15.6m | €15.6m | €15.6m | = |
| Financial debts170/4 | - | €15.6m | €15.6m | €15.6m | €15.6m | = |
| Amounts payable within one year42/48 | €1.1m | €2.2m | €2.2m | €2.3m | €2.3m | ▲ 0.6% |
| Trade debts44 | €41,666 | €38,707 | €40,616 | €36,478 | €39,572 | ▲ 8.5% |
| Suppliers440/4 | - | €38,707 | €40,616 | €36,478 | €39,572 | ▲ 8.5% |
| Taxes, remuneration and social security45 | - | €9,954 | €19,291 | €4,291 | €1,035 | ▼ 75.9% |
| Taxes450/3 | - | €8,147 | €16,952 | €4,291 | €1,035 | ▼ 75.9% |
| Remuneration and social security454/9 | - | €1,807 | €2,339 | €0 | - | - |
| Other amounts payable47/48 | - | €2.2m | €2.2m | €2.3m | €2.3m | ▲ 0.7% |
| Accrued charges and deferred income492/3 | - | €652,892 | €652,892 | €652,892 | €652,892 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €84,668 | €193,867 | €135,797 | €84,068 | €28,918 | ▼ 65.6% |
| Operating cash flow (approximation) | €84,668 | €193,867 | €135,797 | €84,068 | €28,918 | ▼ 65.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €37,869 | -€48,549 | -€253 | €2,164 | ▲ 956% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €193,867 ▲129%
Operating result €87,832, net result €193,867, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €42,826
Net result €42,826 after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
12 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Houthalen-Helchteren · 1 establishment unit since 1971
Ground area
4,359 m²
Building footprint
616 m²
Volume, LiDAR
3,041 m³
2 parcels, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
ECHO
since 19712.061.938.601
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72452E0210/00F000 | Flanders | 3,044 m² | 1 · 288 m² | 7.0 m · 2 fl. |
| 72033B0001/02S003 | Flanders | 1,315 m² | 1 · 327 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- GALM PARTICIPATIES
- ECHOBEL
Highest known parent: GALM PARTICIPATIES. The sources do not say who stands above it.
Owners 1
- GALM PARTICIPATIESparent90%
Holdings 1
-
99.7%
According to the 2024 annual accounts of ECHOBEL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Bloom Management
BE 1005.440.731
Kortrijk · Eq €13,544,562
SKYSUN HOLDING
BE 0787.216.168
Genappe · Eq €13,592,876
RELY
BE 0679.695.628
Schilde · Eq €13,528,218
EQUILIBRIUM
BE 0863.919.711
Waregem · Eq €13,501,250
M.M.V.
BE 0446.277.895
Tielt · Eq €13,487,754
Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 5,200 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded06-01-1962
Fiscal year end31-12
Activities, NACEBEL 2025
23610Manufacture of other non-metallic mineral products
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0401294443
Also
9925:BE0401294443
Registered
16-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.