DEN ECHO
ActiveDEN ECHO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 82% of 13071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-76
Solvency100▲+30
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.34 against 1.46 in 2024), and 31.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.8%
Return on assets
-21.4%
Age of the figures
8 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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
1 d early
2023
30 d late
2022
29 d late
2021
4 d early
2020
on the day
2019
8 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€35k▼ 23.7%
2024 · €46k
2018: €15k
2019: €6k
2020: €4k
2021: €-701
2022: €19k
2023: €39k
2024: €46k
2018 → 2025
Total assets
€51k▼ 57.2%
2024 · €118k
2018: €27k
2019: €20k
2020: €22k
2021: €25k
2022: €40k
2023: €123k
2024: €118k
2018 → 2025
Net result
€-11k
2024 · €7k
2018: €1k
2019: €-10k
2020: €-2k
2021: €-5k
2022: €20k
2023: €26k
2024: €7k
2018 → 2025
Working capital
€21k▼ 35.2%
2024 · €33k
2018: €11k
2019: €3k
2020: €-1k
2021: €-5k
2022: €12k
2023: €36k
2024: €33k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-701-€19k€39k▲ 101%€46k▲ 18.0%€35k▼ 23.7%
Operating result€-3k-€22k€30k▲ 36.5%€16k▼ 47.0%€-7k
Net result€-5k-€20k€26k▲ 28.6%€7k▼ 72.7%€-11k
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 turns negative in 2025: a loss of €7k after €16k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€14k▼ 11.3%
Current assets
€37k▼ 64.1%
Equity and liabilities €51k
Equity
€35k▼ 23.7%
Debt
€16k▼ 78.3%
The debt ratio falls from 61.4% to 31.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-5k▼
2024 · €17k
Cash flow
€-9k▼
2024 · €9k
Solvency
68.8%▲
2024 · 38.6%
Current ratio
2.34▲
2024 · 1.46
Quick ratio
2.02▲
2024 · 1.35
Debt / equity
0.45▼
2024 · 1.59
ROE
-31.1%▼
2024 · 15.3%
ROA
-21.4%▼
2024 · 5.9%
Interest coverage
-1.53▼
2024 · 6.08
Debt
€16k▼
2024 · €73k
Debt ≤ 1 year
€16k▼
2024 · €70k
Debt > 1 year
€0▼
2024 · €2k
Income taxes
€195▼
2024 · €6k
Staff costs
€-1k▼
2024 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€118k€51k▼
Fixed assets21/28€15k€14k▼
Tangible fixed assets22/27€8k€6k▼
Land and buildings22€4k€4k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€554€473▼
Financial fixed assets28€8k€8k=
Current assets29/58€103k€37k▼
Stocks and contracts in progress3€8k€5k▼
Stocks30/36€8k€5k▼
Amounts receivable within one year40/41€72k€26k▼
Trade receivables40€6k€500▼
Other amounts receivable41€67k€26k▼
Cash at bank and in hand54/58€18k€6k▼
Deferred charges and accrued income490/1€4k€0▼
Equity and liabilities
Total equity and liabilities10/49€118k€51k▼
Equity10/15€46k€35k▼
Contributions10/11€19k€19k=
Reserves13€27k€16k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€27k€16k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€73k€16k▼
Amounts payable after more than one year17€2k€0▼
Financial debts170/4€2k€0▼
Amounts payable within one year42/48€70k€16k▼
Current portion of amounts payable after more than one year42€11k€6k▼
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Advances received on contracts in progress46-€605
Taxes, remuneration and social security45€19k€7k▼
Taxes450/3€17k€7k▼
Remuneration and social security454/9€2k€24▼
Other amounts payable47/48€38k€0▼
Accrued charges and deferred income492/3€387€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€34k€-1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€6k€4k▼
Gross operating margin9900€58k€-2k▼
Operating profit (loss)9901€16k€-7k▼
Financial income75/76B€217€0▼
Recurring financial income75€217€0▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€13k€-11k▼
Income taxes67/77€6k€195▼
Profit (loss) for the period9904€7k€-11k▼
Profit (loss) for the period to be appropriated9905€7k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€-11k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€11k
Transfer to equity691/2€7k€0▼
To other reserves6921€7k€0▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-11k ▼255%
Net result drops to €-11k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €26k ▲28.6%
Operating result €30k, net result €26k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-12
Financial
Back to profitnet €20k
Net result €20k after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.68
Current ratio from 0.71 to 1.68; short-term debt falls from €18k to €17k.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 1 establishment unit since 1996
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lange Nieuwstraat 92000 AntwerpenGround area
121 m²
Building footprint
117 m²
Volume, LiDAR
1,776 m³
Parcel 11802B2247/00A000, Flanders · tallest building 19.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
DEN ECHO
since 19962.074.911.855
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B2247/00A000 | Flanders | 121 m² | 1 · 117 m² | 19.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.074.911.855
Similar companies · same sector, comparable size
DELCOL
BE 0767.368.384
Kortrijk · Eq €35k
AN SHIBIN
BE 0457.972.335
Antwerpen · Eq €35k
LE GRAND PALACE
BE 0727.402.802
Schaarbeek · Eq €35k
Café Moustache
BE 0558.982.591
Roeselare · Eq €35k
JARON
BE 0687.991.702
Beveren-Kruibeke-Zwijndrecht · Eq €35k
Of 13,832 companies in sector 56301 we hold annual accounts for 4,808. 4,038 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-11-1995
Fiscal year end31-12
Activities, NACEBEL
55401
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.