Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
Financials
Financial year 2026
ECHO ALFA NOVEMBER from Erpe-Mere, company number BE0446774575, closed financial year 2026 with a result of € 6,609 after tax. For that financial year ECHO ALFA NOVEMBER recorded a gross margin of € 15,200 and equity of € -187,722. Compared with financial year 2025, the result moved from € 109,482 to € 6,609. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ -187,722
▲ € 6,609 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,609
▼ 94% vs 2025
Profit after tax over the fiscal year.
€ 17
▼ 95% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -249,721.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2026
€ 188,000
Loans from banks and other lenders, long and short.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,687 | € -23,400 | € 112,848 | € 15,200 | ▼ 87% |
| Profit after taxes | € -32,429 | € -33,751 | € 109,482 | € 6,609 | ▼ 94% |
| Equity | € 99,938 | € 66,187 | € -194,330 | € -187,722 | ▲ € 6,609 |
| Total debts | € 388,016 | € 402,019 | € 201,494 | € 188,000 | ▼ 7% |
| Cash | € 385 | € 4,186 | € 321 | € 17 | ▼ 95% |
| Retained profit | € -332,061 | € -365,812 | € -256,330 | € -249,721 | ▲ € 6,609 |
| Bank debt | € 344,001 | € 318,461 | € 188,000 | € 188,000 | |
| Balance sheet total | € 487,955 | € 468,206 | € 7,163 | € 278 | ▼ 96% |
Key figures of ECHO ALFA NOVEMBER, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 28 September 2027.
What happened to ECHO ALFA NOVEMBER?
What happened at ECHO ALFA NOVEMBER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 6,609 (▼ 94% vs 2025). Source: NBB ↗
- New establishment in Erpe-Mere. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,429 loss in 2023 to € 6,609 profit in 2026.
Best year ever: 2025, with € 109,482 profit.
Management
Behind ECHO ALFA NOVEMBER is Stef Verhegge.
Directors
According to the 2026 annual accounts
Stef Verhegge
Director
Establishments
Establishment units
Physical locations of this company
Ottergemdorp 56
9420 Erpe-Mere
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.774.575
- VAT number
- BE 0446.774.575
- Registered office
- Ottergemdorp 56, 9420 Erpe-Mere
- Names & denominations
- ECHO ALFA NOVEMBER · E.A.N.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 1992
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
Personenvervoer door de lucht
Luchtvaart zonder dienstregeling