Active BE 0401.294.443Public limited company

ECHOBEL

Bronweg 57 ·3530 Houthalen-Helchteren, Belgium· 64 yrs active

Sector: Financial services (64210)

Conclusion Checked

ECHOBEL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show negative equity (€-12.34M) and a net result of €29k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 5% of 1407 sector peers (fiscal year 2024). The company has been active since 1962 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€-12.34M
Net result	€29k
Better than sector	5%
Active	64 yrs

Snowflake analysis 4 of 5 axes measured · computed by Checked

61 / 100

Strong profile, led by stability.

Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.

Health -

Profitability 0

Solvency 67

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1962, 64 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 0 events

No administrative flags

Health barometer

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Financial overview10 NBB filings

Annual accounts filed on 30-05-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Trajectory (indicative)

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

stable Equity: stable across 7 fiscal years (±0.9%/year).

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 2024 · NACE 64, Financial services · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-197.1%	37.4%	better than 5% of 1407 sector peers
Net result	€29k	€46k	better than 43% of 1406 sector peers
Equity	€-12.34M	€362k	better than 5% of 1407 sector peers
Gross operating margin	€-34k	€65k	better than 7% of 1405 sector peers
Employees (FTE)	0.0	0.0	better than 35% of 426 sector peers

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

Net profit

€29k

-65.6% 18-24

Total assets

€6.26M

+0.7% 18-24

Equity

€-12.34M

+0.2% 18-24

Employees (FTE)

0

- 18-24

Income taxes

€0

-100.0% 18-24

Debt

€18.57M

+0.1% 18-24

Debt ≤ 1y

€2.31M

+0.6% 18-24

Debt > 1y

€15.60M

0.0% 18-24

Solvency

-197.1%

+0.9% 18-24

ROE

-0.2%

+65.5% 18-24

ROA

0.5%

-65.8% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	verkort
Revenue	n/a
EBITDA	n/a
Net profit	€29k
Cash flow	n/a
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€6.26M
Equity	€-12.34M
Debt	€18.57M
of which ≤ 1y	€2.31M
of which > 1y	€15.60M
Working capital	n/a
Employees (FTE)	0.0

Ratios (computed)

	2024
Current ratio	n/a
Quick ratio	n/a
Working capital ratio	n/a
Solvency	-197.1%
Debt / equity	n/a
Long-term debt ratio	n/a
Interest coverage	n/a
Gross margin	n/a
Net margin	n/a
ROA	0.5%
ROE	-0.2%
EBITDA margin	n/a
Days sales outstanding	n/a
Days payable outstanding	n/a
Inventory turnover	n/a
Days inventory (DSI)	n/a

Balance-sheet composition 2024

Assets

Fixed assets €56k · 0.9% Current assets €6.20M · 99.1%

Full annual accounts

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

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€6.26M
Fixed assets	21/28	€56k
Financial fixed assets	28	€56k
Current assets	29/58	€6.20M
Amounts receivable within one year	40/41	€4.25M
Cash & bank	54/58	€1.96M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€6.26M
Equity	10/15	€-12.34M
Contributions / capital	10/11	€2.48M
Reserves	13	€535k
Accumulated profits (losses)	14	€-15.35M
Provisions & deferred taxes	16	€27k
Amounts payable	17/49	€18.57M
Amounts payable after one year	17	€15.60M
Amounts payable within one year	42/48	€2.31M
Trade debts payable within one year	44	€40k
Income statement
Gross operating margin	9900	€-34k
Operating result	9901	€-35k
Financial income	75	€87k
Financial charges	65	€23k
Result before taxes	9903	€29k
Net result for the period	9904	€29k
Result to be appropriated	9905	€29k

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

Ratios computed by Checked.

Directors & mandates 4 directors

Current directors & mandates

CUYVERS, Bob Ivo Maggy
Sole director
State Gazette act 22353019 (23-08-2022)

Current
23-08-2022 → present

Former directors (3)

Bob Cuyvers
Managing director
State Gazette act 22087761 (20-07-2022)

Former
20-07-2022 → 23-08-2022
3 events
- 23-08-2022 Resigned· Director
- 20-07-2022 Resigned· Managing director
- 20-07-2022 Appointed· Managing director
Marc Cuyvers
Director
State Gazette act 22087761 (20-07-2022)

Former
20-07-2022 → 23-08-2022
2 events
- 23-08-2022 Resigned· Director
- 20-07-2022 Appointed· Director
Galm Participaties NVLegal entity
Director· perm. rep.: Marc Cuyvers
State Gazette act 22087761 (20-07-2022)

Former
- → 20-07-2022

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Financial services(64210)
Legal form	Public limited company(014)
Incorporation	06-01-1962
Status	Active
Postal code	3530

Establishment units 1 location

ECHO

Lillerheidestraat(SHL) 51, 3910 PeltOverige financiële instellingen, n.e.g.

since 19712.061.938.601

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

Real-estate footprint Source: CBE × cadastre

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 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
72452E0210/00F000	Flanders	3,044 m²	1 · 288 m²	7.0 m · 2 fl.
72033B0001/02S003	Flanders	1,315 m²	1 · 327 m²	7.3 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

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

Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

30-05-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

2024

26-07-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

2023

29-08-2023

NBB filing Annual accounts filed

fiscal year 2022 · verkort

2022

23-08-2022

State Gazette act Director changes

Karen SABBE

20-07-2022

State Gazette act Director changes

30-06-2022

NBB filing Annual accounts filed

fiscal year 2021 · verkort

2021

27-08-2021

NBB filing Annual accounts filed

fiscal year 2020 · verkort

2020

31-07-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

2019

24-06-2019

NBB filing Annual accounts filed

fiscal year 2018 · verkort

2018

28-06-2018

NBB filing Annual accounts filed

fiscal year 2017 · verkort

2017

15-07-2017

NBB filing Annual accounts filed

fiscal year 2016 · verkort

2016

26-06-2016

NBB filing Annual accounts filed

fiscal year 2015 · verkort

Belgisch Staatsblad, acts 2 acts

All acts · 2 updated 3 years ago

2022

23-08-2022 1 director appointed, 2 resigning Director changes·Karen SABBE

CUYVERS, Bob Ivo Maggy, Enig bestuurder
Bob CUYVERS, Bestuurder
Marc CUYVERS, Bestuurder

Notary: Karen SABBE · Hamont-Achel

Original publication ↗

Technical details

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20-07-2022 2 directors appointed, 2 resigning Director changes

Bob Cuyvers, Gedelegeerd bestuurder
Marc Cuyvers, Bestuurder
Marc Cuyvers, Bestuurder
Bob Cuyvers, Gedelegeerd bestuurder

Original publication ↗

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Credit advice verdict per customer and amount

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

Company registry (CBE) Crossroads Bank

Activities

Vervaardiging van artikelen van beton voor de bouw26610Holdings64200Activiteiten van holdings64210Vervaardiging van artikelen van beton voor de bouw23610Vervaardiging van artikelen van beton voor de bouw23610

Primary activity highlighted.

Names & trade names

Legal nameNL

ECHOBEL

Registered office

Bronweg 57

3530 Houthalen-Helchteren, Belgium

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

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