ECHOSOFT
ActiveSummary
ECHOSOFT has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €585k and a net result of €478k. Equity is growing by ~26.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 712 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency56▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.71 in 2024; short-term debt: 50.2% and cash: 31.2% of total assets), and 69.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.9%
Return on assets
25.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
70 d early
2023
70 d early
2022
70 d early
2021
61 d early
2020
40 d early
2019
42 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€478k▲ 11.8%
2024 · €427k
2018: €250klowest in 8 years
2019: €298k▲ +19.3% vs 2018
2020: €365k▲ +22.6% vs 2019
2021: €381k▲ +4.3% vs 2020
2022: €371k▼ -2.6% vs 2021
2023: €457k▲ +23.2% vs 2022
2024: €427k▼ -6.5% vs 2023
2025: €478k▲ +11.8% vs 2024highest in 8 years
2018 → 2025
Working capital
€216k▼ 54.1%
2024 · €469k
2018: €43k
2019: €23k▼ -47.7% vs 2018lowest in 8 years
2020: €87k▲ +283% vs 2019
2021: €180k▲ +108% vs 2020
2022: €262k▲ +45.5% vs 2021
2023: €377k▲ +43.8% vs 2022
2024: €469k▲ +24.7% vs 2023highest in 8 years
2025: €216k▼ -54.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€247k-€308k▲ 24.6%€400k▲ 29.8%€488k▲ 21.8%€585k▲ 20.1%
2021: €247klowest in 5 years
2022: €308k▲ +24.6% vs 2021
2023: €400k▲ +29.8% vs 2022
2024: €488k▲ +21.8% vs 2023
2025: €585k▲ +20.1% vs 2024highest in 5 years
Operating result€505k-€498k▼ 1.3%€603k▲ 20.9%€571k▼ 5.2%€650k▲ 13.8%
2021: €505k
2022: €498k▼ -1.3% vs 2021lowest in 5 years
2023: €603k▲ +20.9% vs 2022
2024: €571k▼ -5.2% vs 2023
2025: €650k▲ +13.8% vs 2024highest in 5 years
Net result€381k-€371k▼ 2.6%€457k▲ 23.2%€427k▼ 6.5%€478k▲ 11.8%
2021: €381k
2022: €371k▼ -2.6% vs 2021lowest in 5 years
2023: €457k▲ +23.2% vs 2022
2024: €427k▼ -6.5% vs 2023
2025: €478k▲ +11.8% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 14% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.89M
Fixed assets
€728k ▲ 3,897%
Current assets
€1.17M ▲ 2.8%
Equity and liabilities €1.89M
Equity
€585k ▲ 20.1%
Debt
€1.31M ▲ 96.7%
Debt's share of the balance-sheet total rises from 57.7% to 69.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€671k▲
2024 · €585k
Cash flow
€499k▲
2024 · €441k
Current ratio
1.23▼
2024 · 1.71
Debt to equity
2.24▲
2024 · 1.36
ROE
81.6%▼
2024 · 87.6%
ROA
25.2%▼
2024 · 37.1%
Interest coverage
78.20▼
2024 · 173.35
Debt ≤ 1 year
€950k▲
2024 · €665k
Debt > 1 year
€358k
Income taxes
€167k▲
2024 · €142k
Staff costs
€396k▲
2024 · €312k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.15M€1.89M▲
Fixed assets21/28€18k€728k▲
Intangible fixed assets21€7k€18k▲
Tangible fixed assets22/27€11k€30k▲
Plant, machinery and equipment23€6k€7k▲
Furniture and vehicles24€5k€23k▲
Financial fixed assets28€125€681k▲
Current assets29/58€1.13M€1.17M▲
Amounts receivable within one year40/41€347k€571k▲
Trade receivables40€337k€562k▲
Other amounts receivable41€10k€9k▼
Cash at bank and in hand54/58€779k€591k▼
Deferred charges and accrued income490/1€9k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.15M€1.89M▲
Equity10/15€488k€585k▲
Contributions10/11€37k€37k=
Reserves13€4k€4k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€447k€545k▲
Amounts payable17/49€665k€1.31M▲
Amounts payable after more than one year17-€358k
Financial debts170/4-€358k
Amounts payable within one year42/48€665k€950k▲
Current portion of amounts payable after more than one year42-€59k
Trade debts44€154k€294k▲
Suppliers440/4€154k€294k▲
Taxes, remuneration and social security45€139k€189k▲
Taxes450/3€87k€135k▲
Remuneration and social security454/9€52k€55k▲
Other amounts payable47/48€372k€409k▲
Accrued charges and deferred income492/3-€842
Income statement
Code20242025
Remuneration, social security and pensions62€312k€396k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€21k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-6k€14▲
Other operating charges640/8€10k€4k▼
Gross operating margin9900€902k€1.07M▲
Operating profit (loss)9901€571k€650k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€3k€9k▲
Recurring financial charges65€3k€9k▲
Profit (loss) for the period before taxes9903€570k€644k▲
Income taxes67/77€142k€167k▲
Profit (loss) for the period9904€427k€478k▲
Profit (loss) for the period to be appropriated9905€427k€478k▲
Appropriation of the result
Profit (loss) to be appropriated9906€787k€925k▲
Profit (loss) brought forward from the previous period14P€359k€447k▲
Profit to be distributed694/7€340k€380k▲
Return on contributions (dividend)694€340k€380k▲
Social balance
Average headcount (FTE)90875.87.1▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €220k | €247k | €261k | €312k | €396k | ▲ 26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27k | €29k | €33k | €13k | €21k | ▲ 53.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €6k | €7k | €6k | €-6k | €14 | ▲ 100% |
| Other operating charges640/8 | €2k | €1k | €3k | €10k | €4k | ▼ 58.1% |
| Gross operating margin9900 | €760k | €784k | €905k | €902k | €1.07M | ▲ 18.8% |
| Operating profit (loss)9901 | €505k | €498k | €603k | €571k | €650k | ▲ 13.8% |
| Financial income75/76B | €6k | €1k | €5k | €2k | €3k | ▲ 56.3% |
| Recurring financial income75 | €6k | €1k | €5k | €2k | €3k | ▲ 56.3% |
| Financial charges65/66B | €209 | €294 | €330 | €3k | €9k | ▲ 154% |
| Recurring financial charges65 | €209 | €294 | €330 | €3k | €9k | ▲ 154% |
| Profit (loss) for the period before taxes9903 | €511k | €499k | €608k | €570k | €644k | ▲ 13.1% |
| Income taxes67/77 | €131k | €128k | €151k | €142k | €167k | ▲ 17.1% |
| Profit (loss) for the period9904 | €381k | €371k | €457k | €427k | €478k | ▲ 11.8% |
| Profit (loss) for the period to be appropriated9905 | €381k | €371k | €457k | €427k | €478k | ▲ 11.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €832k | €887k | €1.04M | €1.15M | €1.89M | ▲ 64.3% |
| Fixed assets21/28 | €68k | €47k | €26k | €18k | €728k | ▲ 3,897% |
| Intangible fixed assets21 | €42k | €23k | €12k | €7k | €18k | ▲ 145% |
| Tangible fixed assets22/27 | €26k | €24k | €14k | €11k | €30k | ▲ 175% |
| Plant, machinery and equipment23 | €10k | €14k | €7k | €6k | €7k | ▲ 9.9% |
| Furniture and vehicles24 | €16k | €10k | €6k | €5k | €23k | ▲ 383% |
| Financial fixed assets28 | €125 | €125 | €125 | €125 | €681k | ▲ 544,442% |
| Current assets29/58 | €764k | €840k | €1.01M | €1.13M | €1.17M | ▲ 2.8% |
| Amounts receivable within one year40/41 | €233k | €255k | €339k | €347k | €571k | ▲ 64.7% |
| Trade receivables40 | €230k | €246k | €329k | €337k | €562k | ▲ 66.8% |
| Other amounts receivable41 | €3k | €9k | €10k | €10k | €9k | ▼ 8.6% |
| Cash at bank and in hand54/58 | €525k | €582k | €662k | €779k | €591k | ▼ 24.2% |
| Deferred charges and accrued income490/1 | €6k | €4k | €10k | €9k | €4k | ▼ 53.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €832k | €887k | €1.04M | €1.15M | €1.89M | ▲ 64.3% |
| Equity10/15 | €247k | €308k | €400k | €488k | €585k | ▲ 20.1% |
| Contributions10/11 | €37k | €37k | €37k | €37k | €37k | = |
| Reserves13 | €4k | €4k | €4k | €4k | €4k | = |
| Non-distributable reserves130/1 | €4k | €4k | - | - | - | - |
| Reserves not available under the articles1311 | €4k | €4k | - | - | - | - |
| Distributable reserves133 | - | - | €4k | €4k | €4k | = |
| Profit (loss) carried forward14 | €207k | €267k | €359k | €447k | €545k | ▲ 21.9% |
| Amounts payable17/49 | €584k | €578k | €636k | €665k | €1.31M | ▲ 96.7% |
| Amounts payable after more than one year17 | - | - | - | - | €358k | - |
| Financial debts170/4 | - | - | - | - | €358k | - |
| Amounts payable within one year42/48 | €584k | €578k | €634k | €665k | €950k | ▲ 42.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €59k | - |
| Trade debts44 | €126k | €131k | €107k | €154k | €294k | ▲ 91.1% |
| Suppliers440/4 | €126k | €131k | €107k | €154k | €294k | ▲ 91.1% |
| Taxes, remuneration and social security45 | €123k | €109k | €131k | €139k | €189k | ▲ 36.3% |
| Taxes450/3 | €91k | €69k | €89k | €87k | €135k | ▲ 55.2% |
| Remuneration and social security454/9 | €32k | €40k | €42k | €52k | €55k | ▲ 4.9% |
| Other amounts payable47/48 | €335k | €338k | €396k | €372k | €409k | ▲ 9.7% |
| Accrued charges and deferred income492/3 | - | €45 | €2k | - | €842 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €381k | €371k | €457k | €427k | €478k | ▲ 11.8% |
| + Depreciation and write-downs630 | €27k | €29k | €33k | €13k | €21k | ▲ 53.9% |
| Operating cash flow (approximation) | €408k | €400k | €489k | €441k | €499k | ▲ 13.1% |
| Investment in fixed assets (approximation) | - | €-8k | €-12k | €-6k | €-731k | ▼ 12,809% |
| Change in cash | - | €56k | €80k | €118k | €-189k | ▼ 260% |
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
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €478k ▲11.8%
Operating result €650k, net result €478k, both a record.
31-12
Financial
Equity above €500kEq €585k ▲20.1%
8 profitable years in a row build equity to €585k.
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €200kEq €247k ▲39.9%
4 profitable years in a row build equity to €247k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €150kEq €177k ▲45.1%
3 profitable years in a row build equity to €177k.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €100kEq €122k ▲89.8%
2 profitable years in a row build equity to €122k.
Show earlier events
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Namur · 2 establishment units since 1988
Ground area
3.7 ha
Building footprint
6,704 m²
Volume, LiDAR
1,660 m³
2 parcels, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Rue du Centre(SM) 116, 5003 Namur
since 19882.037.217.655
ECHOSOFT SPRL
since 20192.291.684.089
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92120F0142/00A000 | Wallonia | 3.4 ha | 1 · 6,467 m² | - |
| 92106B0165/00C000 | Wallonia | 3,557 m² | 1 · 237 m² | 9.3 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.
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Of 2,712 companies in sector 73200 we hold annual accounts for 1,782. 1,247 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-04-1988
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
73200Market research and public opinion polling
Contact
Phone
081/210957
Fax
081/72.80.23
E-mail
marc.sanders@echo-soft.comNamur
Phone
+3281210957Namur
Scores and ratios are computed by Checked and are not a credit decision.