Financials
Financial year 2025
Société Belge Etam from Etterbeek, company number BE0400558827, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year Société Belge Etam recorded revenue of € 35.9 million and equity of € 7.7 million. Compared with financial year 2024, the result moved from € 1.3 million to € 1.2 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 7.7 million
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 547,356
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.9 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
209.6
▼ 6.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.8 million
▲ 4% vs 2024
€ 46,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,967
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.2 million
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 18 days on average.
€ 2.6 million
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 34,272,397 | € 35,504,052 | € 35,028,559 | € 35,858,034 | ▲ 2% |
| Profit after taxes | € 704,295 | € 711,783 | € 1,347,143 | € 1,202,090 | ▼ 11% |
| Equity | € 11,574,092 | € 10,860,875 | € 9,358,018 | € 7,710,108 | ▼ 18% |
| Total debts | € 4,465,078 | € 6,241,917 | € 6,597,562 | € 6,874,002 | ▲ 4% |
| Cash | € 647,207 | € 828,372 | € 619,443 | € 547,356 | ▼ 12% |
| Land & buildings | € 1,557,833 | € 1,499,537 | € 1,431,562 | € 1,359,714 | ▼ 5% |
| Retained profit | € 5,911,750 | € 5,198,533 | € 3,695,676 | € 2,047,766 | ▼ 45% |
| Dividend | € 0 | € 1,425,000 | € 2,850,000 | € 2,850,000 | |
| Balance sheet total | € 16,900,539 | € 17,780,080 | € 16,462,300 | € 15,077,328 | ▼ 8% |
| Employees (FTE) | 198.6 | 210.5 | 216.4 | 209.6 | ▼ 6.8 |
Key figures of Société Belge Etam, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Société Belge Etam?
What happened at Société Belge Etam in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ETAM SCE SAS stepped down as director. NBB
- New establishment in Gent. KBO
- New establishment in Oostende. KBO
- New annual accounts for financial year 2025: profit of € 1.2 million (▼ 11% vs 2024). Source: NBB ↗
- Frédéric De Castro stepped down as director. NBB
- New establishment in Namur. KBO
- New establishment in Liège. KBO
- New establishment in Liège. KBO
In short
From € 704,295 profit in 2022 to € 1.2 million profit in 2025.
Paid € 1.6 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.3 million profit.
Paid out € 7.1 million in dividends to the owners in total.
A new publication or filing at Société Belge Etam? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of INVESTINT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Société Belge EtamThe shares are held by INVESTINT (99.9%). It owns 1% of 123 Luxembourg, 0.6% of Investint and 0.2% of Société luxembourgeoise Etam itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2026
Director · represented by Laurent Milchior
since 2024 · until 2027
Shareholders
99.9%
Participations
Establishments
Establishment units
Physical locations of this company
Tongerenstraat 39
1040 Etterbeek
Sylvain Dupuislaan 433
1070 Anderlecht
Active since 1 March 2016
Place des Grands Prés 1
7000 Mons
Active since 17 June 2016
Rue de Fer 71-75
5000 Namur
Active since 1 February 2015
Woluwedal 70 box 22
1200 Sint-Lambrechts-Woluwe
Active since 16 March 1967
Sylvain Dupuislaan 449
1070 Anderlecht
Active since 1 February 1986
Lippenslaan 309
8300 Knokke-Heist
Active since 1 February 2003
Vinâve d'Ile 13
4000 Liège
Active since 1 August 1993
Ooststraat 11
8800 Roeselare
Active since 1 May 1988
Boulevard Walter de Marvis(TOU) 22
7500 Tournai
Active since 1 March 2000
Quai des Vennes 1.
4020 Liège
Active since 1 August 1998
Steenstraat 62-64
8000 Brugge
Active since 1 February 2001
Turnhoutsebaan 5 box 153
2110 Wijnegem
Active since 20 January 1997
Demerstraat 20
3500 Hasselt
Active since 1 January 1998
Nieuwstraat 45
1000 Brussel
Active since 1 August 1993
Veldstraat 42
9000 Gent
Active since 1 May 2001
Rue de la Franco-Belge(L.L) 228 box 111
7100 La Louvière
Active since 15 January 1997
Ringlaan(Kor) 34 box 117
8500 Kortrijk
Active since 1 April 2003
Tongerenstraat 35
1040 Etterbeek
Active since 8 April 2005
Rue du Brou 61
4800 Verviers
Active since 1 March 1995
Grand'rue 143.
6000 Charleroi
Active since 1 August 1999
Elsense Steenweg 9
1050 Elsene
Active since 1 December 1999
Pont d'Ile 18-
4000 Liège
Active since 1 May 1998
Chaussée de Bruxelles 201
1410 Waterloo
Active since 1 August 2000
Diestsestraat 43
3000 Leuven
Active since 15 March 2000
Kapellestraat 36-38
8400 Oostende
Active since 1 September 2000
Diestsestraat 28
3000 Leuven
Active since 1 March 2004
Rue d'Arlon 7 box 220
6780 Messancy
Active since 7 January 1997
Chaussée de Tongres 269-
4000 Liège
Active since 15 February 1997
Louizalaan 39
1050 Elsene
Active since 1 December 1998
Place de l'Accueil 10 box //
1348 Ottignies-Louvain-la-Neuve
Active since 22 March 2006
Place de l'Accueil 10 box /
1348 Ottignies-Louvain-la-Neuve
Active since 17 May 2008
Chaussée de Bruxelles 191
1410 Waterloo
Active since 23 February 2008
Alsembergsesteenweg 771
1180 Ukkel
Active since 15 February 2007
Steenpoort(Kor) 2
8500 Kortrijk
Active since 19 March 2010
Bischoffsheimlaan 39
1000 Brussel
Active since 29 April 2010
Nieuwstraat 67
1000 Brussel
Active since 1 July 2013
Rue de Fer 109
5000 Namur
Active since 19 April 2014
Boulevard Raymond-Poincaré 7 box 52
4020 Liège
Active since 19 April 2014
Turnhoutsebaan 5 box 10
2110 Wijnegem
Active since 19 July 2014
Place de l'Accueil 10
1348 Ottignies-Louvain-la-Neuve
Active since 23 August 2014
Place Verte 20
6000 Charleroi
Active since 9 March 2017
Place Verte 20 box locale 210
6000 Charleroi
Active since 9 March 2017
Chaussée de Mons 18
1400 Nivelles
Active since 7 September 2017
Boulevard Raymond-Poincaré 7 box 59
4020 Liège
Active since 14 September 2017
Place des Grands Prés 1 box N15
7000 Mons
Active since 22 July 2017
Woluwedal /
1200 Sint-Lambrechts-Woluwe
Active since 22 February 2018
Boulevard Walter de Marvis(TOU) 22 box 215
7500 Tournai
Active since 12 April 2018
Kapelstraat 100-68
9100 Sint-Niklaas
Active since 28 March 2019
Meir 99
2000 Antwerpen
Active since 2 December 2022
Schuttershofstraat 24
2000 Antwerpen
Active since 1 January 2025
Chaussée de Tongres 269
4000 Liège
Active since 26 April 2025
Quai des Vennes 1 box 52
4020 Liège
Active since 11 August 2025
Rue de Fer 45 box 49
5000 Namur
Active since 1 May 2026
Veldstraat 49
9000 Gent
Active since 26 August 2026
Kapellestraat 13
8400 Oostende
Active since 26 August 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →FONCIERE ETEL
€ 774,176 revenue · 2025
INVESTINT same network
€ 84.5 million revenue · 2025
RETINVEST
Livy Belgium
€ -6,442 gross margin · 2025
ECOPHONES
€ 36,946 gross margin · 2024
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.558.827
- VAT number
- BE 0400.558.827
- Registered office
- Tongerenstraat 39, 1040 Etterbeek
- Names & denominations
- Société Belge Etam
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 1928
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
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