ECHHYPPO · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ECHHYPPO is 0.2% (very low). The 2022 annual accounts show negative equity (€-31k) and a net result of €-17k. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 333 sector peers (fiscal year 2022). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.2% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Annual accounts: weaker financial profile +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide

Annual accounts not filed

The financial year that closed on 31-12-2023 was due at the National Bank by 31-07-2024. Nothing is on record today, 744 days later. 3 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.

Filed after the deadline

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 23-08-2023, 23 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.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2022, that is 31-07-2023.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	nothing on record	not filed	-
31-12-2023	31-07-2024	nothing on record	not filed	-
31-12-2022	31-07-2023	23-08-2023	23 d late	2023-00345600
31-12-2021	31-07-2022	09-08-2022	9 d late	2022-20286578
31-12-2020	31-07-2021	24-08-2021	24 d late	2021-52900028
31-12-2019	31-07-2020	19-08-2020	19 d late	2020-42600060
31-12-2018	31-07-2019	27-08-2019	27 d late	2019-53700452
31-12-2017	31-07-2018	27-09-2018	58 d late	2018-66600245
31-12-2016	31-07-2017	31-07-2017	on the day	2017-37800262
31-12-2015	31-07-2016	13-08-2016	13 d late	2016-42900429
31-12-2014	31-07-2015	30-10-2015	91 d late	2015-65800356

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Long-established

Founded in 2003, 23 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€-17k

Working capital€-31k-118.2%

CSV export

Annual accounts & ratios

Source: NBB · 2022

Annual accounts filed on 23-08-2023 with the NBB · fiscal year 2022 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~20.2%/year over 5 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2022 · NACE 75 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-176.9%	40.0%	better than 5% of 333 sector peers
Net result	€-17k	€20k	better than 5% of 333 sector peers
Equity	€-31k	€38k	better than 5% of 333 sector peers
Gross operating margin	€-16k	€42k	better than 5% of 333 sector peers
Total assets	€18k	€125k	better than 5% of 333 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P5

Stable position over 2020-2022 · n=51-333

Net result P5

Weakening position over 2020-2022 · n=51-333

Equity P5

Stable position over 2020-2022 · n=51-333

Gross operating margin P5

Weakening position over 2020-2022 · n=51-333

Describes the position versus peers, not a forecast.

EBITDA

€3k

-84.5% 18-22

Net profit

€-17k

- 18-22

Cash flow

€-64k

-3.2% 18-22

Total assets

€18k

+73.5% 18-22

Equity

€-31k

-118.2% 18-22

Working capital

€-31k

-118.2% 18-22

Income taxes

€-474

- 18-22

Debt

€49k

+99.6% 18-22

Debt ≤ 1y

€49k

+99.6% 18-22

Current ratio

0.36

-13.1% 18-22

Quick ratio

0.36

-13.1% 18-22

Solvency

-176.9%

-25.8% 18-22

Debt / equity

-1.57

+8.5% 18-22

ROE

54.2%

- 18-22

ROA

-95.8%

- 18-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€-17k
Cash flow	-
Staff costs	-
Income taxes	€-474
Dividends	-
Total assets	€18k
Equity	€-31k
Debt	€49k
of which ≤ 1y	€49k
of which > 1y	-
Working capital	€-31k
Employees (FTE)	-

Ratios (computed)

	2022
Current ratio	0.36
Quick ratio	0.36
Working capital ratio	-176.9%
Solvency	-176.9%
Debt / equity	-1.57
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-95.8%
ROE	54.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€18k
Current assets	29/58	€18k
Amounts receivable within one year	40/41	€17k
Cash & bank	54/58	€418
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€18k
Equity	10/15	€-31k
Contributions / capital	10/11	€19k
Reserves	13	€100
Accumulated profits (losses)	14	€-50k
Amounts payable	17/49	€49k
Amounts payable within one year	42/48	€49k
Trade debts payable within one year	44	€5k
Income statement
Gross operating margin	9900	€-16k
Operating result	9901	€-17k
Financial charges	65	€394
Result before taxes	9903	€-17k
Income taxes	67/77	€-474
Net result for the period	9904	€-17k
Result to be appropriated	9905	€-17k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2022 · computed

17 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Sasachtweg 12440 Geel

Establishment units

1 location

Echhyppo

Sasachtweg 1, 2440 GeelVeterinaire diensten

since 20032.220.354.843

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area8,033 m²

Buildings1

Building footprint252 m²

Volume (LiDAR)1,458 m³

Tallest building9.1 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13374F0191/00F000	Flanders	8,033 m²	1 · 252 m²	9.1 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes

66 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 17

Profitability 100

Solvency 33

Growth 78

Stability 100

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers

Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon

The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Similar

Similar companies

Comparable size, same sector

KUZCIE

BE 0798.476.383 · Kraainem

Eq €15k→

Dr. Tim Bosmans - Veterinary Anaesthesia & Analgesia

BE 1004.130.835 · Lochristi

Eq €15k→

SoVeto SB

BE 0783.456.132 · Hotton

Eq €15k→

NacoVet

BE 1003.185.876 · Esneux

Eq €15k→

Elise Nelissen

BE 0802.360.244 · Aarschot

Eq €15k→

We hold annual accounts for 667 of the 6,063 companies in this sector. 515 of them are within a factor 10 of this company's equity.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

Veterinaire diensten75000Veterinaire diensten75000Veterinaire diensten85200

Primary activity highlighted.

Names & trade names

Legal nameNL

ECHHYPPO

Registered office

Sasachtweg 1

2440 Geel, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.