ACTIVE

DEN ECHO

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Financial year 2025 · closed on 31/12/2025

Net result

-10,9 k €

-255.3% YoY

Gross margin

-2,4 k €

-104.1% YoY

Equity

34,9 k €

-23.7% YoY

What does DEN ECHO do?

DEN ECHO is a Private limited company incorporated in 1995. Its main activity is: Accommodation. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.589.589

Incorporation

03/11/1995

Legal form

Private limited company

Registered office

Lange Nieuwstraat 9
2000 Antwerpen · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

55401Accommodation· main 56301Beverage serving activities 56301Beverage serving activities

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-2,4 k €	-104%	57,8 k €	-29.8%	82,4 k €	+87.6%	43,9 k €	+311%	10,7 k €	-14.8%	12,5 k €	-49.0%	24,6 k €	+38.9%	17,7 k €	-13.1%	20,4 k €	+112%	9,6 k €	-51.2%	19,7 k €	+9.4%	18 k €	-40.5%	30,2 k €	+102%	15 k €	-56.5%	34,4 k €	+97.5%	17,4 k €	+34.0%	13 k €	-39.6%	21,5 k €	+10.6%	19,4 k €
EBITDA	-5,4 k €	-131%	17,4 k €	-44.4%	31,3 k €	+19.1%	26,3 k €	+1843%	1,4 k €	+123%	-5,8 k €	-197%	6 k €	+579%	-1,2 k €	-120%	6,4 k €	+2277%	-292,6 €	-104%	8,2 k €	+174%	3 k €	-78.6%	14 k €	+3678%	371 €	-98.4%	23,1 k €	+95.5%	11,8 k €	+63.0%	7,2 k €	-48.6%	14,1 k €	+45.8%	9,7 k €
Operating result	-7,1 k €	-145%	15,7 k €	-47.0%	29,6 k €	+36.5%	21,7 k €	+752%	-3,3 k €	+55.5%	-7,5 k €	-515%	1,8 k €	+133%	-5,4 k €	-430%	1,6 k €	+132%	-5,2 k €	-274%	3 k €	+161%	-4,9 k €	-193%	5,2 k €	+153%	-9,9 k €	-169%	14,4 k €	+358%	3,1 k €	+493%	-798 €	-112%	6,5 k €	+47.4%	4,4 k €
Net result	-10,9 k €	-255%	7 k €	-72.7%	25,6 k €	+28.6%	19,9 k €	+542%	-4,5 k €	+52.9%	-9,6 k €	-746%	1,5 k €	+125%	-5,9 k €	-632%	1,1 k €	+120%	-5,6 k €	-339%	2,3 k €	+134%	-6,9 k €	-251%	4,6 k €	+146%	-10 k €	-188%	11,5 k €	+382%	2,4 k €	+201%	-2,3 k €	-130%	7,9 k €	+118%	3,6 k €
Balance sheet
Equity	34,9 k €	-23.7%	45,7 k €	+18.0%	38,7 k €	+101%	19,2 k €	+2845%	-700,6 €	-112%	5,8 k €	-62.3%	15,3 k €	+10.7%	13,9 k €	-29.9%	19,8 k €	+6.0%	18,7 k €	-23.1%	24,3 k €	+10.7%	21,9 k €	-23.6%	28,7 k €	+19.1%	24,1 k €	-29.4%	34,1 k €	+50.5%	22,7 k €	+63.0%	13,9 k €	-14.4%	16,3 k €	+94.1%	8,4 k €
Total assets	50,7 k €	-57.2%	118,5 k €	-3.9%	123,3 k €	+208%	40 k €	+61.8%	24,7 k €	+21.0%	20,5 k €	-25.4%	27,4 k €	-9.8%	30,4 k €	+2.9%	29,5 k €	+4.0%	28,4 k €	-21.0%	36 k €	+43.8%	25 k €	-35.3%	38,7 k €	+29.3%	29,9 k €	-35.1%	46 k €	+23.7%	37,2 k €	+15.6%	32,2 k €	-17.5%	39 k €	+17.1%	33,3 k €
Cash	5,5 k €	-70.0%	18,4 k €	-33.2%	27,5 k €	+43.6%	19,1 k €	+222%	5,9 k €	+4.9%	5,7 k €	-60.7%	14,4 k €	+42.6%	10,1 k €	-7.9%	11 k €	+76.0%	6,2 k €	-34.3%	9,5 k €	+287%	2,5 k €	-77.4%	10,9 k €	+298%	2,7 k €	-87.0%	21 k €	+332%	4,9 k €	-10.2%	5,4 k €	-35.0%	8,3 k €	-17.9%	10,2 k €
Debts	15,8 k €	-78.2%	72,4 k €	-14.0%	84,1 k €	+304%	20,8 k €	-18.2%	25,4 k €	+73.4%	14,7 k €	+21.7%	12,1 k €	-27.1%	16,5 k €	+69.4%	9,8 k €	+0.2%	9,7 k €	-16.6%	11,7 k €	+281%	3,1 k €	-69.2%	10 k €	+72.0%	5,8 k €	-51.3%	11,9 k €	-18.0%	14,5 k €	-20.5%	18,3 k €	-19.8%	22,7 k €	-8.7%	24,9 k €
Other
Workforce	–		–		–		0,6 ETP	+20.0%	0,5 ETP		–		–		–		–		0,4 ETP	-42.9%	0,7 ETP	-22.2%	0,9 ETP	+28.6%	0,7 ETP	+250%	0,2 ETP	-81.8%	1,1 ETP	+1000%	0,1 ETP	0.0%	0,1 ETP	-50.0%	0,2 ETP	-50.0%	0,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Ghalid Hajjab

Director · since 30 juin 2023

Active

Valmir Tahirukaj

Director · since 30 juin 2023

Active

Ended mandates

Candries Kenneth

Director · since 03 novembre 1995 · until 30 juin 2023

Ended

Kenneth CANDRIES

Mandate · since 03 novembre 1995

Ended

Kenneth CANDRIES

Director · since 03 novembre 1995

Ended

Kenneth CANDRIES

Administrator - manager · since 03 novembre 1995

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Abridged model	Abridged 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	22/07/2026	30/07/2025	30/08/2024	29/08/2023	27/07/2022	31/07/2021
General meeting	29/06/2026	30/06/2025	30/06/2024	29/05/2023	30/06/2022	31/05/2021
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
Micro model	31/12/2025	29/06/2026	22/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	29/05/2023	29/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	27/07/2022	Dutch	PDF
Micro model	31/12/2020	31/05/2021	31/07/2021	Dutch	PDF
Micro model	31/12/2019	25/05/2020	23/07/2020	Dutch	PDF
Micro model	31/12/2018	27/05/2019	26/07/2019	Dutch	PDF
Micro model	31/12/2017	28/05/2018	24/07/2018	Dutch	PDF
Micro model	31/12/2016	29/05/2017	24/07/2017	Dutch	PDF
Abridged model	31/12/2015	13/06/2016	05/07/2016	Dutch	PDF
Abridged model	31/12/2014	08/06/2015	05/08/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	18/08/2014	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	26/06/2013	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	13/06/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	30/11/2011	Dutch	PDF
Abridged model	31/12/2009	14/06/2010	19/08/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	19/08/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	01/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	21/06/2007	Dutch	PDF

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.

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 · 2 active · 5 ended

Active mandates

Ghalid Hajjab

Director · since 30 juin 2023

Active

Valmir Tahirukaj

Director · since 30 juin 2023

Active

Ended mandates

Candries Kenneth

Director · since 03 novembre 1995 · until 30 juin 2023

Ended

Kenneth CANDRIES

Mandate · since 03 novembre 1995

Ended

Kenneth CANDRIES

Director · since 03 novembre 1995

Ended

Kenneth CANDRIES

Administrator - manager · since 03 novembre 1995

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other25/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN
PDF
Mandates06/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/10/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/04/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/03/2009
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/04/2004
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025-10,9 k €↓
2024
Annual accounts 20247 k €↓
2023
Annual accounts 202325,6 k €↑
2022
Annual accounts 202219,9 k €↑
2021
Annual accounts 2021-4,5 k €↑
2019
Annual accounts 2019-9,6 k €↓
2018
Annual accounts 20181,5 k €↑
2017
Annual accounts 2017-5,9 k €↓
2016
Annual accounts 20161,1 k €↑
2015
Annual accounts 2015-5,6 k €↓
2014
Annual accounts 20142,3 k €↑
2013
Annual accounts 2013-6,9 k €↓
2012
Annual accounts 20124,6 k €↑
2011
Annual accounts 2011-10 k €↓
2010
Annual accounts 201011,5 k €↑
2009
Annual accounts 20092,4 k €↑
2008
Annual accounts 2008-2,3 k €↓
2007
Annual accounts 20077,9 k €↑
2006
Annual accounts 20063,6 k €
03/11/1995
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

DEN ECHO

Overview

What does DEN ECHO do?

Trend over 19 financial years

Indicative valuation

Board of directors

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