ACTIVE

ECCHOLINE

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Financial year 2025 · closed on 31/12/2025

Net result

2,5 M €

-28.1% YoY

Revenue

18,6 M €

-5.6% YoY

Equity

12,6 M €

+8.8% YoY

What does ECCHOLINE do?

ECCHOLINE is a Private limited company incorporated in 1990. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0440.102.361

Incorporation

19/03/1990

Legal form

Private limited company

Registered office

Offerandestraat 1 box 3
2060 Antwerpen · FlandreSee on map

Contributed capital

5 997,33 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	18,6 M €	-5.6%	19,7 M €	+15.3%	17,1 M €	+28.9%	13,3 M €	+146%	5,4 M €		–		–		–		–		–		–		–		4,9 M €	+76247%	6,4 k €		–		97,2 k €	+53.3%	63,4 k €	+172%	23,3 k €
EBITDA	3,2 M €	-24.5%	4,2 M €	+55.0%	2,7 M €	+6.9%	2,6 M €	+380%	532,7 k €	-77.2%	2,3 M €	-34.0%	3,5 M €	+96.0%	1,8 M €	+88.5%	956,7 k €	+36.9%	698,8 k €	+10.7%	631,1 k €	+233%	189,7 k €	+291%	-99,1 k €	-1621%	-5,8 k €	-106%	96,7 k €	+14.1%	84,8 k €	+55.0%	54,7 k €	+279%	14,4 k €
Operating result	3,2 M €	-24.7%	4,2 M €	+54.7%	2,7 M €	+6.9%	2,6 M €	+380%	532,7 k €	-77.2%	2,3 M €	-34.0%	3,5 M €	+96.0%	1,8 M €	+92.4%	937,2 k €	+37.9%	679,5 k €	+11.1%	611,7 k €	+259%	170,2 k €	+243%	-118,9 k €	-1963%	-5,8 k €	-106%	96,7 k €	+15.7%	83,6 k €	+56.3%	53,5 k €	+326%	12,6 k €
Net result	2,5 M €	-28.1%	3,4 M €	+60.2%	2,1 M €	+8.6%	2 M €	+565%	295,9 k €	-80.2%	1,5 M €	-34.7%	2,3 M €	+91.3%	1,2 M €	+124%	534,6 k €	+9.4%	488,4 k €	+105%	237,9 k €	+53.3%	155,2 k €	+226%	-123,6 k €	-29872%	415 €	-99.4%	65,5 k €	+16.8%	56,1 k €	+60.8%	34,9 k €	+324%	8,2 k €
Balance sheet
Equity	12,6 M €	+8.8%	11,6 M €	+23.7%	9,4 M €	+20.6%	7,8 M €	+33.8%	5,8 M €	+1.0%	5,8 M €	+16.3%	5 M €	+85.9%	2,7 M €	+81.5%	1,5 M €	+57.3%	932,3 k €	+110%	443,8 k €	+115%	206 k €	+305%	50,8 k €	-70.9%	174,4 k €	+0.2%	173,9 k €	+60.4%	108,5 k €	+107%	52,4 k €	+199%	17,5 k €
Total assets	14,1 M €	-16.8%	16,9 M €	+68.8%	10 M €	+22.4%	8,2 M €	+36.8%	6 M €	-15.6%	7,1 M €	+8.7%	6,5 M €	+50.4%	4,3 M €	+60.2%	2,7 M €	+30.9%	2,1 M €	+62.2%	1,3 M €	+86.4%	684,9 k €	-41.6%	1,2 M €	+34.0%	875,9 k €	+397%	176,4 k €	+56.6%	112,6 k €	+98.3%	56,8 k €	+180%	20,3 k €
Cash	5,3 M €	+30.3%	4 M €	+119%	1,8 M €	-29.7%	2,6 M €	+39.9%	1,9 M €	-47.2%	3,5 M €	-10.9%	4 M €	+33.7%	3 M €	+59.6%	1,9 M €	+7.1%	1,7 M €	+49.8%	1,2 M €	+278%	306,9 k €	-62.4%	816 k €	+371%	173,1 k €	-0.7%	174,3 k €	+90.8%	91,3 k €	+86.7%	48,9 k €	+325%	11,5 k €
Debts	1,4 M €	-72.8%	5,3 M €	+730%	641 k €	+64.4%	390 k €	+158%	151 k €	-88.6%	1,3 M €	-15.1%	1,6 M €	-6.8%	1,7 M €	+36.7%	1,2 M €	+7.8%	1,1 M €	+36.8%	829,4 k €	+76.4%	470 k €	-58.0%	1,1 M €	+59.5%	701,5 k €	+407767%	172 €	-95.9%	4,2 k €	-5.4%	4,4 k €	+61.1%	2,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 7 ended

Active mandates

Lima Poppe

Director · since 25 juin 2023

Active

Uma Poppe

Director · since 25 juin 2023

Active

Ludo Poppe

Director · since 21 décembre 2011

Active

Ended mandates

Ludo Poppe

Manager · since 21 décembre 2011

Ended

JOZEF VOGELS

Manager · since 19 mars 1990 · until 21 décembre 2011

Ended

MARTHA SALINAS

Manager · since 19 mars 1990

Ended

Jozef Vogels

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Eccholine Productions● Active	0802.907.107
ZONZO COMPAGNIE● Active	0475.680.278

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	22/06/2026	25/06/2025	01/07/2024	22/06/2023	10/08/2022	28/07/2021
General meeting	19/06/2026	20/06/2025	28/06/2024	14/06/2023	30/06/2022	18/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	22/06/2026	Dutch	PDF
Full model	31/12/2024	20/06/2025	25/06/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	01/07/2024	Dutch	PDF
Full model	31/12/2022	14/06/2023	22/06/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	10/08/2022	Dutch	PDF
Full model	31/12/2020	18/06/2021	28/07/2021	Dutch	PDF
Abridged model	31/12/2019	22/06/2020	07/07/2020	Dutch	PDF
Abridged model	31/12/2018	17/09/2019	30/09/2019	Dutch	PDF
Abridged model	31/12/2017	25/09/2018	28/09/2018	Dutch	PDF
Abridged model	31/12/2016	23/06/2017	29/09/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	30/09/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	09/10/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	22/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	18/06/2011	Dutch	PDF
Abridged model	31/12/2009	19/02/2010	14/03/2010	Dutch	PDF
Abridged model	31/12/2008	28/05/2009	29/08/2009	Dutch	PDF
Abridged model	31/12/2007	23/03/2008	08/05/2008	Dutch	PDF
Abridged model	31/12/2006	18/03/2007	19/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 7 ended

Active mandates

Lima Poppe

Director · since 25 juin 2023

Active

Uma Poppe

Director · since 25 juin 2023

Active

Ludo Poppe

Director · since 21 décembre 2011

Active

Ended mandates

Ludo Poppe

Manager · since 21 décembre 2011

Ended

JOZEF VOGELS

Manager · since 19 mars 1990 · until 21 décembre 2011

Ended

MARTHA SALINAS

Manager · since 19 mars 1990

Ended

Jozef Vogels

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/08/2026
HERBENOEMING COMMISSARIS - VOLMACHT
PDF
Mandates18/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/12/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates25/08/2023
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring13/07/2023
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring08/05/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates30/12/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Registered office07/11/2014
MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20252,5 M €↓
2024
Annual accounts 20243,4 M €↑
2022
Annual accounts 20222,1 M €↑
2021
Annual accounts 20212 M €↑
2020
Annual accounts 2020295,9 k €↓
2019
Annual accounts 20191,5 M €↓
2018
Annual accounts 20182,3 M €↑
2017
Annual accounts 20171,2 M €↑
2016
Annual accounts 2016534,6 k €↑
2015
Annual accounts 2015488,4 k €↑
2014
Annual accounts 2014237,9 k €↑
2013
Annual accounts 2013155,2 k €↑
2012
Annual accounts 2012-123,6 k €↓
2011
Annual accounts 2011415 €↓
2011
Name changeECCHOLINE
2010
Annual accounts 201065,5 k €↑
2009
Annual accounts 200956,1 k €↑
2008
Annual accounts 200834,9 k €↑
2007
Annual accounts 20078,2 k €
2007
Name changeSALINAS CONSULTANCY
19/03/1990
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ECCHOLINE

Overview

What does ECCHOLINE do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline