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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Société d'Etudes Techniques au Hainaut from Waterloo, company number BE0402798933, closed financial year 2025 with a result of € -77,063 after tax. For that financial year Société d'Etudes Techniques au Hainaut recorded a gross margin of € 202,726 and equity of € -58,823. Compared with financial year 2024, the result moved from € -244,014 to € -77,063. The company made a loss. 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 July 7, 2026.
€ -58,823
▼ € 77,063 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -77,063
▲ 68 % less loss than in 2024
Profit after tax over the fiscal year.
€ 187,431
▲ 213% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -196,836.
People and assets in 2025
3
Average over the fiscal year, from the social balance sheet.
€ 202,463
▲ 1% vs 2024
€ 67,500 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.
€ 147
▼ 84% 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.
€ 503,815
▲ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 38,327
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 786,015 | € -72,981 | € 33,350 | € 202,726 | ▲ € 169,376 |
| Profit after taxes | € 194,091 | € -173,271 | € -244,014 | € -77,063 | ▲ € 166,950 |
| Equity | € 435,525 | € 262,254 | € 18,240 | € -58,823 | ▼ € 77,063 |
| Total debts | € 1,934,110 | € 1,178,174 | € 1,433,593 | € 1,952,884 | ▲ 36% |
| Cash | € 152,400 | € 447,236 | € 59,840 | € 187,431 | ▲ 213% |
| Land & buildings | € 358,350 | € 95,357 | € 92,567 | € 84,917 | ▼ 8% |
| Retained profit | € 297,512 | € 124,241 | € -119,772 | € -196,836 | ▼ € 77,063 |
| Bank debt | € 98,204 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,369,635 | € 1,440,428 | € 1,451,833 | € 1,894,061 | ▲ 30% |
| Employees (FTE) | 4.7 | 3 | 3 | 3 |
Key figures of Société d'Etudes Techniques au Hainaut, 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 d'Etudes Techniques au Hainaut?
What happened at Société d'Etudes Techniques au Hainaut in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- T-I-BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 77,063. Source: NBB ↗
- HEXAGON ADVISORY SPRL stepped down as director. NBB
- T-I-BV became a director. NBB
- HEXAGON ADVISORY SPRL became a director. NBB
- New establishment in Ath. KBO
- New establishment in Lessines. KBO
- Start of the company according to the CBE. KBO
In short
From € 194,091 profit in 2022 to € 77,063 loss in 2025.
Best year ever: 2022, with € 194,091 profit.
On average € 67,600 of value added per employee in 2025.
A new publication or filing at Société d'Etudes Techniques au Hainaut? 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 Natix comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Société d'Etudes Techniques au HainautThe shares are held by Natix (97.5%).
Directors
According to the 2025 annual accounts
Director · represented by Stefaan Vandaele
Also active at: Blue Star Chemicals, Natix, OLFADOG BIOTECH, ENZYBEL INTERNATIONAL
since 2024 · until 2027
Director · represented by Thibaut Hofman
Also active at: Blue Star Chemicals, Natix, CHEMCOM, OLFADOG BIOTECH, ENZYBEL INTERNATIONAL, BIOBEST GROUP
since 2023 · until 2026
Shareholders
97.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Drève Richelle 161P box 4
1410 Waterloo
Zoning ouest(L) 1
7860 Lessines
Active since 17 October 1977
Rue des Gaulois(GHI) 7 box B
7822 Ath
Active since 1 January 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
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€ 16,608 gross margin · 2025
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€ 3,109 gross margin · 2025
ACFTPERFO
€ 505,484 gross margin · 2025
+3 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
- 0402.798.933
- VAT number
- BE 0402.798.933
- Registered office
- Drève Richelle 161P bus 4, 1410 Waterloo
- Names & denominations
- Société d'Etudes Techniques au Hainaut · Sotecna
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 1960
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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