NORMAL SITUATION

ECHO

Financial year 2022 · closed on 20/12/2022
Net result
49,4 k €
+295.1% YoY
Revenue
80,7 k €
-57.1% YoY
Equity
70,6 k €
+234.3% YoY
Workforce
1,0 ETP
-33.3% YoY

Company — Normal situation.

What does ECHO do?

ECHO is a company registered in Belgium. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0717.854.240
Legal form
Public limited company
Contributed capital
62 000,00 €
Latest accounts
20/12/2022
Average workforce
1,0 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202220212020
Income statement
Revenue80,7 k €187,9 k €228,2 k €
EBITDA54,8 k €-23,3 k €-13,3 k €
Operating result52,9 k €-24,0 k €-14,6 k €
Net result49,4 k €-25,3 k €-15,5 k €
Balance sheet
Equity70,6 k €21,1 k €46,5 k €
Total assets70,6 k €68,8 k €97,8 k €
Cash2,6 k €10,2 k €10,1 k €
Debts47,7 k €51,3 k €
Other
Workforce1,0 ETP1,5 ETP1,2 ETP
Governance

Board of directors

Seen on filing of 20/12/2022 · 3 active · 1 ended

Active mandates

Andrew Vassallo

Mandate

Active
Marie Lemaitre

Mandate

Active
Valérie Bourgeois

Mandate

Active

Ended mandates

De Cronos Groep

Director · since 08 janvier 2019 · until 27 juin 2024 · 0467.132.994

Represented by Dirk Deroost

Ended
Annual accounts

Full financial information

202220212020
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202108/01/2019
Closing of the financial year20/12/202231/12/202131/12/2020
Length of the financial year12 months12 months24 months
Filing date17/01/202304/08/202206/08/2021
General meeting20/12/202223/06/202224/06/2021
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model20/12/202220/12/202217/01/2023DutchPDF
Abridged model31/12/202123/06/202204/08/2022DutchPDF
Abridged model31/12/202024/06/202106/08/2021DutchPDF
Estimate

Indicative valuation

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 20/12/2022 · 3 active · 1 ended

Active mandates

Andrew Vassallo

Mandate

Active
Marie Lemaitre

Mandate

Active
Valérie Bourgeois

Mandate

Active

Ended mandates

De Cronos Groep

Director · since 08 janvier 2019 · until 27 juin 2024 · 0467.132.994

Represented by Dirk Deroost

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2022
    Annual accounts 202249,4 k €
  2. 2021
    Annual accounts 2021-25,3 k €
  3. 2020
    Annual accounts 2020-15,5 k €