ECHO
ActiveSummary
ECHO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61k and a net result of €32k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 1530 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency87▲+9
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.61 against 2.11 in 2024; short-term debt: 38.2% and cash: 74.7% of total assets), and 38.2% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
61.8%
Return on assets
32.7%
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 07-09-2026, 38 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 · 4 filingsDeviation from the deadline
2025
38 d late
2024
29 d late
2023
26 d late
2022
57 d late
← 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, micro schema
Equity
€61k▲ 113%
2024 · €29k
2022: €31k
2023: €75k▲ +146% vs 2022highest in 4 years
2024: €29k▼ -61.9% vs 2023lowest in 4 years
2025: €61k▲ +113% vs 2024
2022 → 2025
Total assets
€99k▲ 81.1%
2024 · €55k
2022: €60k
2023: €156k▲ +157% vs 2022highest in 4 years
2024: €55k▼ -65.0% vs 2023lowest in 4 years
2025: €99k▲ +81.1% vs 2024
2022 → 2025
Net result
€32k
2024 · €-47k
2022: €21k
2023: €45k▲ +117% vs 2022highest in 4 years
2024: €-47k▼ -204% vs 2023lowest in 4 years
2025: €32k▲ +169% vs 2024
2022 → 2025
Working capital
€61k▲ 113%
2024 · €29k
2022: €31k
2023: €75k▲ +146% vs 2022highest in 4 years
2024: €29k▼ -61.9% vs 2023lowest in 4 years
2025: €61k▲ +113% vs 2024
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€31k-€75k▲ 146%€29k▼ 61.9%€61k▲ 113%
2022: €31k
2023: €75k▲ +146% vs 2022highest in 4 years
2024: €29k▼ -61.9% vs 2023lowest in 4 years
2025: €61k▲ +113% vs 2024
Operating result€28k-€56k▲ 98.1%€-46k€33k
2022: €28k
2023: €56k▲ +98.1% vs 2022highest in 4 years
2024: €-46k▼ -183% vs 2023lowest in 4 years
2025: €33k▲ +170% vs 2024
Net result€21k-€45k▲ 117%€-47k€32k
2022: €21k
2023: €45k▲ +117% vs 2022highest in 4 years
2024: €-47k▼ -204% vs 2023lowest in 4 years
2025: €32k▲ +169% vs 2024
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 returns to profit in 2025: €33k after a loss of €46k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €99k
Equity
€61k ▲ 113%
Debt
€38k ▲ 46.0%
Debt's share of the balance-sheet total falls from 47.4% to 38.2%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.61▲
2024 · 2.11
Debt to equity
0.62▼
2024 · 0.90
ROE
53.0%▲
2024 · -162.7%
ROA
32.7%▲
2024 · -85.5%
Debt ≤ 1 year
€38k▲
2024 · €26k
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 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€55k€99k▲
Current assets29/58€55k€99k▲
Amounts receivable within one year40/41€36k€25k▼
Trade receivables40€26k€22k▼
Other amounts receivable41€10k€3k▼
Cash at bank and in hand54/58€18k€74k▲
Equity and liabilities
Total equity and liabilities10/49€55k€99k▲
Equity10/15€29k€61k▲
Contributions10/11€10k€10k=
Reserves13€65k€65k=
Distributable reserves133€65k€65k=
Profit (loss) carried forward14€-47k€-14k▲
Amounts payable17/49€26k€38k▲
Amounts payable within one year42/48€26k€38k▲
Trade debts44€9k€0▼
Suppliers440/4€9k€0▼
Advances received on contracts in progress46€647€0▼
Taxes, remuneration and social security45€15k€82▼
Taxes450/3€15k€82▼
Other amounts payable47/48€1k€38k▲
Income statement
Code20242025
Other operating charges640/8€450€400▼
Gross operating margin9900€-46k€33k▲
Operating profit (loss)9901€-46k€33k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€146€395▲
Recurring financial charges65€146€395▲
Profit (loss) for the period before taxes9903€-47k€32k▲
Profit (loss) for the period9904€-47k€32k▲
Profit (loss) for the period to be appropriated9905€-47k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-47k€-14k▲
Profit (loss) brought forward from the previous period14P-€-47k
Transfer from equity791/2-€0
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | - | - | - | - |
| Other operating charges640/8 | - | €732 | €450 | €400 | ▼ 11.3% |
| Gross operating margin9900 | €29k | €57k | €-46k | €33k | ▲ 172% |
| Operating profit (loss)9901 | €28k | €56k | €-46k | €33k | ▲ 170% |
| Financial income75/76B | - | - | - | €1 | - |
| Recurring financial income75 | - | - | - | €1 | - |
| Financial charges65/66B | - | €97 | €146 | €395 | ▲ 171% |
| Recurring financial charges65 | - | €97 | €146 | €395 | ▲ 171% |
| Profit (loss) for the period before taxes9903 | €28k | €56k | €-47k | €32k | ▲ 169% |
| Income taxes67/77 | €8k | €11k | - | - | - |
| Profit (loss) for the period9904 | €21k | €45k | €-47k | €32k | ▲ 169% |
| Profit (loss) for the period to be appropriated9905 | €21k | €45k | €-47k | €32k | ▲ 169% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €60k | €156k | €55k | €99k | ▲ 81.1% |
| Current assets29/58 | €60k | €156k | €55k | €99k | ▲ 81.1% |
| Amounts receivable within one year40/41 | €50k | €25k | €36k | €25k | ▼ 31.2% |
| Trade receivables40 | €50k | €20k | €26k | €22k | ▼ 15.3% |
| Other amounts receivable41 | €433 | €5k | €10k | €3k | ▼ 72.3% |
| Cash at bank and in hand54/58 | €10k | €128k | €18k | €74k | ▲ 306% |
| Deferred charges and accrued income490/1 | - | €3k | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €60k | €156k | €55k | €99k | ▲ 81.1% |
| Equity10/15 | €31k | €75k | €29k | €61k | ▲ 113% |
| Contributions10/11 | €10k | €10k | €10k | €10k | = |
| Reserves13 | €21k | €65k | €65k | €65k | = |
| Distributable reserves133 | €21k | €65k | €65k | €65k | = |
| Profit (loss) carried forward14 | - | - | €-47k | €-14k | ▲ 69.3% |
| Amounts payable17/49 | €30k | €80k | €26k | €38k | ▲ 46.0% |
| Amounts payable within one year42/48 | €30k | €80k | €26k | €38k | ▲ 46.0% |
| Trade debts44 | €20k | €31k | €9k | €0 | ▼ 100% |
| Suppliers440/4 | €20k | €31k | €9k | €0 | ▼ 100% |
| Advances received on contracts in progress46 | - | €21k | €647 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €8k | €28k | €15k | €82 | ▼ 99.4% |
| Taxes450/3 | €8k | €28k | €15k | €82 | ▼ 99.4% |
| Other amounts payable47/48 | €2k | €364 | €1k | €38k | ▲ 2,545% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21k | €45k | €-47k | €32k | ▲ 169% |
| + Depreciation and write-downs630 | €1k | - | - | - | - |
| Operating cash flow (approximation) | €22k | €45k | €-47k | €32k | ▲ 169% |
| Change in cash | - | €118k | €-110k | €56k | ▲ 151% |
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
07-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 38 days late
2025
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-47k
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Highest result since 2022net €45k ▲117%
Operating result €56k, net result €45k, both a record.
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
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, Brussel · 1 establishment unit since 2022
Ground area
1,120 m²
Building footprint
418 m²
Volume, LiDAR
6,503 m³
Parcel 21812N1398/00E000, Brussels · tallest building 18.6 m, ±5 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
ECHO
since 20222.339.654.846
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1398/00E000 | Brussels | 1,119 m² | 1 · 418 m² | 18.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 797 companies in sector 59201 we hold annual accounts for 162. 135 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
Founded19-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
59201Sound recording
59202Motion picture, video and television programme production, sound recording and music publishing activities
82990Other business support services
90311Arts creation and performing arts activities
90399Other support activities for arts and performing arts
Scores and ratios are computed by Checked and are not a credit decision.