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EKKO SERVICES

Active
Private limited companyfounded 20232 yrs activeWatermolenweg 70, 1701 Dilbeek, BelgiumKBO/BCE: BE 1002.660.096
Summary

The computed 12-month bankruptcy probability of EKKO SERVICES is 3.7% (moderate). The 2025 annual accounts show equity of €47,788 and a net result of €24,403. Its solvency ranks better than 68% of 4718 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+5
Solvency82▲+21
Growth78
Track record82
Bankruptcy probability, 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.49 against 0.95 in 2024; short-term debt: 42.7% and cash: 3.9% of total assets), and 42.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
57.3%
Return on assets
29.3%
Age of the figures
9 mo
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
31 d late
2024
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 30 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

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 months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 25 November 2023, EKKO SERVICES was incorporated as a Private limited company.1 In 2026 the registered office moved to Dilbeek.2 Of the 2 current board members, KASSIM AHMED has served longest, since 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 09-06-2026

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Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€47,788▲ 104%
2024 · €23,384
Total assets
€83,393▲ 29.3%
2024 · €64,520
Net result
€24,403▲ 82.3%
2024 · €13,384
Working capital
-€18,078▼ 802%
2024 · -€2,004
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
Line20242025
Operating result€13,460-€24,566▲ 82.5%
Net result€13,384within the sector's middle half-€24,403above the sector's middle half▲ 82.3%
Equity€23,384within the sector's middle half-€47,788within the sector's middle half▲ 104%
Total assets€64,520within the sector's middle half-€83,393within the sector's middle half▲ 29.3%
Debt€41,136-€35,605▼ 13.4%
Working capital-€2,004within the sector's middle half--€18,078below the sector's middle half▼ 802%
Solvency36.2%within the sector's middle half-57.3%within the sector's middle half▲ 21.1pp
Current ratio0.95within the sector's middle half-0.49below the sector's middle half▼ 0.46
Return on assets (ROA)20.7%above the sector's middle half-29.3%above the sector's middle half▲ 8.5pp
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2024: €13,460€13,460Net result 2024: €13,384€13,384Operating result 2025: €24,566€24,566Net result 2025: €24,403€24,40320242025€0€10,000€20,000Operating result 2024: €13,460€13,500Net result 2024: €13,384€13,400Operating result 2025: €24,566€24,600Net result 2025: €24,403€24,40020242025
The operating result rises in 2025; 2025 is 83% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83,393
Fixed assets €65,866 ▲ 159%
Current assets €17,527 ▼ 55.2%
Equity and liabilities €83,393
Equity €47,788 ▲ 104%
Debt €35,605 ▼ 13.4%
Debt's share of the balance-sheet total falls from 63.8% to 42.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€46,325▲
2024 · €20,969
Cash flow
€46,163▲
2024 · €20,893
Debt to equity
0.75▼
2024 · 1.76
ROE
51.1%▼
2024 · 57.2%
Interest coverage
285.20▲
2024 · 276.63
Debt ≤ 1 year
€35,605▼
2024 · €41,136
Staff costs
€7,957▲
2024 · €6,392
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€64,520€83,393▲
Fixed assets21/28€25,388€65,866▲
Tangible fixed assets22/27€25,388€65,866▲
Furniture and vehicles24€25,388€65,866▲
Current assets29/58€39,132€17,527▼
Amounts receivable within one year40/41€8,796€13,533▲
Trade receivables40€8,796€966▼
Other amounts receivable41-€12,567
Cash at bank and in hand54/58€28,753€3,282▼
Deferred charges and accrued income490/1€1,584€712▼
Equity and liabilities
Total equity and liabilities10/49€64,520€83,393▲
Equity10/15€23,384€47,788▲
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14€13,384€37,788▲
Amounts payable17/49€41,136€35,605▼
Amounts payable within one year42/48€41,136€35,605▼
Trade debts44€13,572€19,015▲
Suppliers440/4€13,572€19,015▲
Taxes, remuneration and social security45€2,395-
Taxes450/3€550-
Remuneration and social security454/9€1,845-
Other amounts payable47/48€25,169€16,591▼
Income statement Code20242025
Remuneration, social security and pensions62€6,392€7,957▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,509€21,759▲
Other operating charges640/8€269€2,200▲
Non-recurring operating charges66A-€14,706
Gross operating margin9900€27,630€71,188▲
Operating profit (loss)9901€13,460€24,566▲
Financial charges65/66B€76€162▲
Recurring financial charges65€76€162▲
Profit (loss) for the period before taxes9903€13,384€24,403▲
Profit (loss) for the period9904€13,384€24,403▲
Profit (loss) for the period to be appropriated9905€13,384€24,403▲
Appropriation of the result
Profit (loss) to be appropriated9906€13,384€37,788▲
Profit (loss) brought forward from the previous period14P-€13,384

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€6,392€7,957▲ 24.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,509€21,759▲ 190%
Other operating charges640/8€269€2,200▲ 718%
Non-recurring operating charges66A-€14,706-
Gross operating margin9900€27,630€71,188▲ 158%
Operating profit (loss)9901€13,460€24,566▲ 82.5%
Financial charges65/66B€76€162▲ 114%
Recurring financial charges65€76€162▲ 114%
Profit (loss) for the period before taxes9903€13,384€24,403▲ 82.3%
Profit (loss) for the period9904€13,384€24,403▲ 82.3%
Profit (loss) for the period to be appropriated9905€13,384€24,403▲ 82.3%
Line20242025Change
Assets
Total assets20/58€64,520€83,393▲ 29.3%
Fixed assets21/28€25,388€65,866▲ 159%
Tangible fixed assets22/27€25,388€65,866▲ 159%
Furniture and vehicles24€25,388€65,866▲ 159%
Current assets29/58€39,132€17,527▼ 55.2%
Amounts receivable within one year40/41€8,796€13,533▲ 53.9%
Trade receivables40€8,796€966▼ 89.0%
Other amounts receivable41-€12,567-
Cash at bank and in hand54/58€28,753€3,282▼ 88.6%
Deferred charges and accrued income490/1€1,584€712▼ 55.0%
Equity and liabilities
Total equity and liabilities10/49€64,520€83,393▲ 29.3%
Equity10/15€23,384€47,788▲ 104%
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14€13,384€37,788▲ 182%
Amounts payable17/49€41,136€35,605▼ 13.4%
Amounts payable within one year42/48€41,136€35,605▼ 13.4%
Trade debts44€13,572€19,015▲ 40.1%
Suppliers440/4€13,572€19,015▲ 40.1%
Taxes, remuneration and social security45€2,395--
Taxes450/3€550--
Remuneration and social security454/9€1,845--
Other amounts payable47/48€25,169€16,591▼ 34.1%
Line20242025Change
Profit (loss) for the period9904€13,384€24,403▲ 82.3%
+ Depreciation and write-downs630€7,509€21,759▲ 190%
Operating cash flow (approximation)€20,893€46,163▲ 121%
Investment in fixed assets (approximation)--€62,237-
Change in cash--€25,471-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
09-06
State Gazette act Appointments: KASSIM AHMED (director) and ALDANKR MOHAMMAD (director)
Registered-office move5 facts ▸
  • General meeting, 01-04-2026
  • Director appointment, KASSIM AHMED (director)
  • Registered-office move, Watermolenweg 70,1701 Dilbeek
  • General meeting, 01-06-2026
  • Director appointment, ALDANKR MOHAMMAD (director)
2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
State Gazette actNBB filing
1 of 16 acts read
About the unread acts

Of the 16 Belgian State Gazette acts we know for this company, 1 has been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 directors, last change in 2026
KASSIM AHMED
Director · since 16-05-2026
Current
ALDANKR MOHAMMAD
Director · since 01-06-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
15 of this company's 16 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Dilbeek · 2 establishment units since 2023
seat establishment approximate 1 of 2 establishment units on the map
Ground area
2,137 m²
Building footprint
948 m²
Volume, LiDAR
8,381 m³
2 parcels, Brussels, Flanders · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
EKKO SERVICES
Poverstraat 70, 1701 DilbeekRetail trade
since 20232.352.889.408
EKKO SERVICES
Herdersliedstraat 22, 1070 AnderlechtNon-scheduled passenger transport by road
since 20232.355.207.609
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21302A0015/00K007 Brussels 1,181 m² 1 · 822 m² 14.3 m · 4 fl.
23037C0082/00L000 Flanders 955 m² 1 · 127 m² 7.8 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.

Mandate history

2 people since 2026, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
KASSIM AHMED
  • Director, from 16-05-2026 to date
ALDANKR MOHAMMAD
  • Director, from 01-06-2026 to date
See the board, name and seat on a given date →

Structure & network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Similar companies · same sector, comparable size

Of 6,683 companies in sector 49330 we hold annual accounts for 2,302. 1,889 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
Founded25-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49310Scheduled passenger transport by road
49410Freight transport by road
49420Removal services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1002660096
Registered 23-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.