ECHORAD
0436.366.871 · rovalta.com · 22/09/2026
ACTIVE
ECHORAD
Financial year 2025 · closed on 31/12/2025
Net result
13,5 k €
+18.5% YoY
Gross margin
38,9 k €
-9.5% YoY
Equity
-164,9 k €
+7.5% YoY
Overview
What does ECHORAD do?
ECHORAD is a Private limited company incorporated in 1988. Its registered office is in Lievegem.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0436.366.871
Incorporation
29/12/1988
Legal form
Private limited company
Registered office
Liefkensweg 9
9920 Lievegem · FlandreSee on map
9920 Lievegem · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 38,9 k € | -9.5% | 43 k € | +0.4% | 42,8 k € | +2.3% | 41,9 k € | +21.9% | 34,4 k € | +4.0% | 33,1 k € | -0.6% | 33,3 k € | -12.3% | 38 k € | +12.3% | 33,8 k € | +15.2% | 29,3 k € | +31.1% | 22,4 k € | -33.7% | 33,8 k € | -38.4% | 54,8 k € | +140% | 22,8 k € | +126% | 10,1 k € | -71.9% | 35,9 k € | +0.9% | 35,6 k € | +11.1% | 32,1 k € | +3.0% | 31,1 k € | +2.1% | 30,5 k € |
| EBITDA | 34,3 k € | -11.3% | 38,6 k € | +0.0% | 38,6 k € | +1.0% | 38,2 k € | +24.2% | 30,8 k € | +4.4% | 29,5 k € | -1.4% | 29,9 k € | -12.3% | 34,1 k € | +11.6% | 30,6 k € | +20.2% | 25,4 k € | +35.9% | 18,7 k € | -39.0% | 30,6 k € | -42.9% | 53,6 k € | +169% | 19,9 k € | +150% | 8 k € | -77.1% | 34,8 k € | +0.9% | 34,5 k € | +11.3% | 31 k € | +3.0% | 30,1 k € | +2.1% | 29,5 k € |
| Operating result | 18,4 k € | +10.9% | 16,6 k € | +2.4% | 16,2 k € | -1.3% | 16,4 k € | +139% | 6,9 k € | +22.7% | 5,6 k € | +4.8% | 5,3 k € | -47.0% | 10,1 k € | +171% | 3,7 k € | +230% | -2,9 k € | +71.5% | -10,1 k € | -293% | 5,2 k € | -80.5% | 26,7 k € | +2809% | 917 € | +131% | -3 k € | -110% | 31,3 k € | +1.0% | 31 k € | +12.9% | 27,4 k € | +4.3% | 26,3 k € | +3.4% | 25,4 k € |
| Net result | 13,5 k € | +18.5% | 11,4 k € | -3.0% | 11,7 k € | -17.9% | 14,3 k € | +201% | 4,7 k € | +44.0% | 3,3 k € | +33.2% | 2,5 k € | -65.9% | 7,2 k € | +735% | 868 € | +119% | -4,6 k € | +98.5% | -300,5 k € | -16505% | -1,8 k € | -115% | 12 k € | +148% | -25 k € | +26.9% | -34,2 k € | -1148% | 3,3 k € | +33.3% | 2,4 k € | +70.4% | 1,4 k € | -0.6% | 1,4 k € | -69.4% | 4,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | -164,9 k € | +7.5% | -178,4 k € | +6.0% | -189,7 k € | +5.8% | -201,5 k € | +6.6% | -215,7 k € | +2.1% | -220,5 k € | +1.5% | -223,7 k € | +1.1% | -226,2 k € | +3.1% | -233,5 k € | +0.4% | -234,3 k € | -2.0% | -229,8 k € | -425% | 70,8 k € | -2.5% | 72,6 k € | +19.8% | 60,6 k € | -29.2% | 85,5 k € | -28.5% | 119,7 k € | +2.8% | 116,4 k € | +2.1% | 114 k € | +1.3% | 112,6 k € | +1.3% | 111,1 k € |
| Total assets | 298,2 k € | -4.8% | 313,1 k € | -8.0% | 340,4 k € | -4.4% | 355,9 k € | -6.8% | 381,8 k € | -5.9% | 405,6 k € | -10.2% | 451,9 k € | +0.3% | 450,5 k € | -4.4% | 471 k € | -6.5% | 503,9 k € | -9.0% | 553,5 k € | -41.9% | 952,1 k € | -5.4% | 1 M € | +4.9% | 959,1 k € | +27.1% | 754,5 k € | +47.3% | 512,3 k € | -0.0% | 512,5 k € | -1.1% | 518,1 k € | -0.4% | 520,2 k € | -1.9% | 530,3 k € |
| Cash | 834,6 € | +16.3% | 717,4 € | -89.2% | 6,7 k € | +77.0% | 3,8 k € | -53.7% | 8,1 k € | -4.1% | 8,5 k € | -73.4% | 31,8 k € | +241% | 9,3 k € | +84.0% | 5,1 k € | -63.9% | 14 k € | -58.3% | 33,7 k € | +450% | 6,1 k € | -83.9% | 38 k € | +281% | 10 k € | +4.6% | 9,5 k € | +135% | 4,1 k € | +494% | 682 € | -72.6% | 2,5 k € | +112% | 1,2 k € | -84.4% | 7,5 k € |
| Debts | 463,1 k € | -5.8% | 491,5 k € | -7.3% | 530,1 k € | -4.9% | 557,4 k € | -6.5% | 596,1 k € | -4.8% | 626,1 k € | -7.3% | 675,6 k € | -0.1% | 676,1 k € | -4.0% | 704,5 k € | -4.6% | 738,2 k € | -5.6% | 782,4 k € | -11.2% | 881,4 k € | -5.2% | 929,3 k € | +4.0% | 893,6 k € | +33.6% | 668,9 k € | +72.0% | 388,9 k € | -0.9% | 392,2 k € | -2.1% | 400,7 k € | -0.9% | 404,5 k € | -3.0% | 417 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 7 ended
Active mandates
Emmanuel VERMEULEN
ActiveStephanie VERMEULEN
ActiveEnded mandates
Frank VERMEULEN
EndedFrank VERMEULEN
EndedEmmanuel VERMEULEN
EndedEmmanuel VERMEULEN
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/06/2026 | 20/06/2025 | 08/07/2024 | 10/07/2023 | 29/06/2022 | 28/06/2021 |
| General meeting | 07/06/2026 | 01/06/2025 | 23/06/2024 | 25/06/2023 | 28/06/2022 | 07/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 07/06/2026 | 30/06/2026 | Dutch | |
| Micro model | 31/12/2024 | 01/06/2025 | 20/06/2025 | Dutch | |
| Micro model | 31/12/2023 | 23/06/2024 | 08/07/2024 | Dutch | |
| Micro model | 31/12/2022 | 25/06/2023 | 10/07/2023 | Dutch | |
| Micro model | 31/12/2021 | 28/06/2022 | 29/06/2022 | Dutch | |
| Micro model | 31/12/2020 | 07/06/2021 | 28/06/2021 | Dutch | |
| Micro model | 31/12/2019 | 28/06/2020 | 10/07/2020 | Dutch | |
| Micro model | 31/12/2018 | 23/06/2019 | 24/07/2019 | Dutch | |
| Micro model | 31/12/2017 | 03/06/2018 | 29/06/2018 | Dutch | |
| Micro model | 31/12/2016 | 04/06/2017 | 24/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 05/06/2016 | 12/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 07/06/2015 | 19/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 01/06/2014 | 29/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 01/06/2013 | 30/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 03/06/2012 | 30/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 05/06/2011 | 30/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 06/06/2010 | 26/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 07/06/2009 | 25/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 01/06/2008 | 25/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 03/06/2007 | 31/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 7 ended
Active mandates
Emmanuel VERMEULEN
ActiveStephanie VERMEULEN
ActiveEnded mandates
Frank VERMEULEN
EndedFrank VERMEULEN
EndedEmmanuel VERMEULEN
EndedEmmanuel VERMEULEN
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202513,5 k €↑
- 2024Annual accounts 202411,4 k €↓
- 2023Annual accounts 202311,7 k €↓
- 2022Annual accounts 202214,3 k €↑
- 2021Annual accounts 20214,7 k €↑
- 2020Annual accounts 20203,3 k €↑
- 2019Annual accounts 20192,5 k €↓
- 2018Annual accounts 20187,2 k €↑
- 2017Annual accounts 2017868 €↑
- 2016Annual accounts 2016-4,6 k €↑
- 2015Annual accounts 2015-300,5 k €↓
- 2014Annual accounts 2014-1,8 k €↓
- 2013Annual accounts 201312 k €↑
- 2012Annual accounts 2012-25 k €↑
- 2011Annual accounts 2011-34,2 k €↓
- 2010Annual accounts 20103,3 k €↑
- 2009Annual accounts 20092,4 k €↑
- 2008Annual accounts 20081,4 k €↓
- 2007Annual accounts 20071,4 k €↓
- 2006Annual accounts 20064,7 k €
- 29/12/1988IncorporationPrivate limited company