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ECHOLIMA

Active
Private limited companyfounded 2018active for 8 yearsPastoor Van de Wouwerstraat 23, 2600 Antwerpen, BelgiumKBO/BCE: BE 0705.978.668

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ECHOLIMA has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €559,055 and a net result of €116,268. Equity has been growing by about 58% per year since 2019. Its solvency ranks better than 94% of 10,798 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, abbreviated format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
16-06-2026
Format
abbreviated format
Reference
2026-00165450
Turnover
≈ €240,000
Estimated: probably between €190,000 and €310,000
Total assets
€577,913▼ 42.1%
2024 · €998,370
Net result
€116,268▼ 76.0%
2024 · €485,412
Working capital
€534,531▼ 44.7%
2024 · €966,414
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is 33% higher than in 2024. It is a recovery after the fall in 2024.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result€144,173 2025 Net result€116,268 2025

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€81,035-€94,428▲ 16.5%€237,919▲ 152%€171,788▼ 27.8%€268,402▲ 56.2%€108,188▼ 59.7%€144,173▲ 33.3%
Net result€57,515-€67,722above the sector's middle half▲ 17.7%€169,526above the sector's middle half▲ 150%€122,729above the sector's middle half▼ 27.6%€193,793above the sector's middle half▲ 57.9%€485,412above the sector's middle half▲ 150%€116,268within the sector's middle half▼ 76.0%
Equity€69,915-€137,637within the sector's middle half▲ 96.9%€313,363above the sector's middle half▲ 128%€396,092above the sector's middle half▲ 26.4%€569,885above the sector's middle half▲ 43.9%€985,297above the sector's middle half▲ 72.9%€559,055within the sector's middle half▼ 43.3%
Total assets€80,776-€170,882within the sector's middle half▲ 112%€355,386within the sector's middle half▲ 108%€425,642within the sector's middle half▲ 19.8%€595,788above the sector's middle half▲ 40.0%€998,370above the sector's middle half▲ 67.6%€577,913within the sector's middle half▼ 42.1%
Debt€10,861-€33,245▲ 206%€42,023▲ 26.4%€29,550▼ 29.7%€25,902▼ 12.3%€13,073▼ 49.5%€18,858▲ 44.3%
Working capital€67,469-€128,242above the sector's middle half▲ 90.1%€282,175above the sector's middle half▲ 120%€367,586above the sector's middle half▲ 30.3%€546,349above the sector's middle half▲ 48.6%€966,414above the sector's middle half▲ 76.9%€534,531above the sector's middle half▼ 44.7%
Solvency86.6%-80.5%above the sector's middle half▼ 6.0pp88.2%above the sector's middle half▲ 7.6pp93.1%above the sector's middle half▲ 4.9pp95.7%above the sector's middle half▲ 2.6pp98.7%above the sector's middle half▲ 3.0pp96.7%above the sector's middle half▼ 2.0pp
Current ratio7.67-4.95above the sector's middle half▼ 2.737.84above the sector's middle half▲ 2.8913.76above the sector's middle half▲ 5.9322.72above the sector's middle half▲ 8.9679.42above the sector's middle half▲ 56.7030.52above the sector's middle half▼ 48.90
Return on assets (ROA)71.2%-39.6%above the sector's middle half▼ 31.6pp47.7%above the sector's middle half▲ 8.1pp28.8%above the sector's middle half▼ 18.9pp32.5%above the sector's middle half▲ 3.7pp48.6%above the sector's middle half▲ 16.1pp20.1%above the sector's middle half▼ 28.5pp
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Large changes and their cause
  • 2025 Net result -76% on 2024. The accounts now follow the abbreviated format, last year the micro format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €577,913
Fixed assets €25,273 ▲ 28.7%
Current assets €552,639 ▼ 43.5%
Equity and liabilities €577,913
Equity €559,055 ▼ 43.3%
Debt €18,858 ▲ 44.3%
Debt's share of the balance-sheet total rises from 1.3% to 3.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€147,862▲
2024 · €112,840
Cash flow
€119,957▼
2024 · €490,065
Debt to equity
0.03▲
2024 · 0.01
ROE
20.8%▼
2024 · 49.3%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€18,108▲
2024 · €12,323
Income taxes
€32,837▲
2024 · €25,585
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 6,782 companies had the same profile as ECHOLIMA has now. Two years later, 0.6% had gone bankrupt and 96.7% were still going.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
2.7% stopped otherwise
96.7% was still going

That fits the bankruptcy probability of ECHOLIMA itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,782 companies, not a prediction for ECHOLIMA. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines

Source: Annual accounts 2025 at the NBB, filed on 16-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€998,370€577,913▼
Fixed assets21/28€19,633€25,273▲
Tangible fixed assets22/27€19,633€25,273▲
Land and buildings22€18,330€16,230▼
Plant, machinery and equipment23-€4,275
Furniture and vehicles24€199€3,308▲
Other tangible fixed assets26€1,105€1,459▲
Current assets29/58€978,737€552,639▼
Amounts receivable within one year40/41€136,736€139,640▲
Trade receivables40€23,736€22,965▼
Other amounts receivable41€113,000€116,675▲
Current investments50/53€41,159€75,809▲
Cash at bank and in hand54/58€799,970€336,396▼
Deferred charges and accrued income490/1€872€795▼
Equity and liabilities
Total equity and liabilities10/49€998,370€577,913▼
Equity10/15€985,297€559,055▼
Contributions10/11€18,600€18,600=
Reserves13€965,960€540,450▼
Distributable reserves133€965,960€540,450▼
Profit (loss) carried forward14€737€5▼
Amounts payable17/49€13,073€18,858▲
Amounts payable within one year42/48€12,323€18,108▲
Trade debts44-€2,678
Suppliers440/4-€2,678
Taxes, remuneration and social security45€6,350€7,283▲
Taxes450/3€6,350€7,283▲
Other amounts payable47/48€5,973€8,147▲
Accrued charges and deferred income492/3€750€750=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,653€3,689▼
Other operating charges640/8€713€732▲
Gross operating margin9900€113,553€148,594▲
Operating profit (loss)9901€108,188€144,173▲
Financial income75/76B€402,995€5,039▼
Recurring financial income75€402,995€5,039▼
Financial charges65/66B€187€108▼
Recurring financial charges65€187€108▼
Profit (loss) for the period before taxes9903€510,996€149,104▼
Income taxes67/77€25,585€32,837▲
Profit (loss) for the period9904€485,412€116,268▼
Profit (loss) for the period to be appropriated9905€485,412€116,268▼
Appropriation of the result
Profit (loss) to be appropriated9906€485,737€117,005▼
Profit (loss) brought forward from the previous period14P€325€737▲
Transfer from equity791/2€70,000€542,510▲
Transfer to equity691/2€485,000€117,000▼
To other reserves6921€485,000€117,000▼
Profit to be distributed694/7€70,000€542,510▲
Return on contributions (dividend)694€70,000€542,510▲

The notes to these accounts have 5 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.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,519€1,876€9,854€5,045€4,970€4,653€3,689▼ 20.7%
Other operating charges640/8--€635€586€891€713€732▲ 2.7%
Gross operating margin9900€83,396€97,942€248,408€177,419€274,263€113,553€148,594▲ 30.9%
Operating profit (loss)9901€81,035€94,428€237,919€171,788€268,402€108,188€144,173▲ 33.3%
Financial income75/76B--€130-€1,143€402,995€5,039▼ 98.7%
Recurring financial income75-€1€130-€1,143€402,995€5,039▼ 98.7%
Financial charges65/66B--€574€418€334€187€108▼ 42.0%
Recurring financial charges65€769€900€574€418€334€187€108▼ 42.0%
Profit (loss) for the period before taxes9903€80,266€93,529€237,475€171,370€269,211€510,996€149,104▼ 70.8%
Income taxes67/77€22,751€25,807€67,949€48,642€75,417€25,585€32,837▲ 28.3%
Profit (loss) for the period9904€57,515€67,722€169,526€122,729€193,793€485,412€116,268▼ 76.0%
Profit (loss) for the period to be appropriated9905€57,515€67,722€169,526€122,729€193,793€485,412€116,268▼ 76.0%
Line2019202020212022202320242025Change
Assets
Total assets20/58€80,776€170,882€355,386€425,642€595,788€998,370€577,913▼ 42.1%
Fixed assets21/28€3,196€10,145€31,938€29,256€24,286€19,633€25,273▲ 28.7%
Tangible fixed assets22/27€3,196€10,145€31,938€29,256€24,286€19,633€25,273▲ 28.7%
Land and buildings22--€24,630€22,530€20,430€18,330€16,230▼ 11.5%
Plant, machinery and equipment23------€4,275-
Furniture and vehicles24--€168€1,774€987€199€3,308▲ 17×
Other tangible fixed assets26--€7,140€4,952€2,870€1,105€1,459▲ 32.1%
Current assets29/58€77,580€160,737€323,448€396,385€571,501€978,737€552,639▼ 43.5%
Amounts receivable within one year40/41€17,062€17,408€20,315€28,267€31,669€136,736€139,640▲ 2.1%
Trade receivables40--€15,315€16,617€16,847€23,736€22,965▼ 3.3%
Other amounts receivable41--€5,000€11,650€14,822€113,000€116,675▲ 3.3%
Current investments50/53-€12,364€12,364€12,364€281,114€41,159€75,809▲ 84.2%
Cash at bank and in hand54/58€59,862€130,309€289,924€354,875€257,847€799,970€336,396▼ 57.9%
Deferred charges and accrued income490/1--€845€880€872€872€795▼ 8.8%
Equity and liabilities
Total equity and liabilities10/49€80,776€170,882€355,386€425,642€595,788€998,370€577,913▼ 42.1%
Equity10/15€69,915€137,637€313,363€396,092€569,885€985,297€559,055▼ 43.3%
Contributions10/11€12,400-€18,600€18,600€18,600€18,600€18,600=
Reserves13€57,510€125,210€294,710€377,210€550,960€965,960€540,450▼ 44.1%
Non-distributable reserves130/1--€1,860€1,860----
Reserves not available under the articles1311--€1,860€1,860----
Distributable reserves133--€292,850€375,350€550,960€965,960€540,450▼ 44.1%
Profit (loss) carried forward14€5€27€53€282€325€737€5▼ 99.4%
Amounts payable17/49€10,861€33,245€42,023€29,550€25,902€13,073€18,858▲ 44.3%
Amounts payable within one year42/48€10,111€32,495€41,273€28,800€25,152€12,323€18,108▲ 46.9%
Trade debts44€691€10,334€19,472€8,827€730-€2,678-
Suppliers440/4--€19,472€8,827€730-€2,678-
Taxes, remuneration and social security45--€19,358€16,527€18,375€6,350€7,283▲ 14.7%
Taxes450/3--€19,358€16,527€18,375€6,350€7,283▲ 14.7%
Other amounts payable47/48--€2,443€3,446€6,047€5,973€8,147▲ 36.4%
Accrued charges and deferred income492/3--€750€750€750€750€750=
Line2019202020212022202320242025Change
Profit (loss) for the period9904€57,515€67,722€169,526€122,729€193,793€485,412€116,268▼ 76.0%
+ Depreciation and write-downs630€1,519€1,876€9,854€5,045€4,970€4,653€3,689▼ 20.7%
Operating cash flow (approximation)€59,034€69,598€179,380€127,773€198,763€490,065€119,957▼ 75.5%
Investment in fixed assets (approximation)--€8,825-€31,647-€2,363€0€0-€9,329-
Change in cash-€70,447€159,615€64,951-€97,028€542,123-€463,574-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 16-06-2026 2026-00165450 NBB
31-12-2024 micro format 10-07-2025 2025-00266228 PDF
31-12-2023 micro format 28-06-2024 2024-00193278 PDF
31-12-2022 micro format 30-06-2023 2023-00182365 PDF
31-12-2021 micro format 21-06-2022 2022-20077678 PDF
31-12-2020 micro format 25-06-2021 2021-25200496 PDF
31-12-2019 micro format 25-06-2020 2020-21000495 PDF

Comparable companies

These companies have the same main activity as ECHOLIMA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €536,000 and €695,000, founded between 2018 and 2019.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
ECHOLIMA Antwerpen2018€577,913€559,055€148,594€116,2682025
13-03 Antwerpen2018€695,451€417,267€142,361€73,6182025
VW Consultancy Kasterlee2018€562,127€155,442€156,508€80,0302025
Diduco Lille2019€560,887€18,600€136,149€107,5762025
CYRAN Edegem2018€572,548€19,840€139,494€74,0112025
ZAFFERANA Mechelen2019€535,762€137,981€160,037€93,4382025
HUNT AND PECK ASSOCIATES Kasterlee2018€654,148€118,743€149,886€98,1902025

They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.