Financials
Financial year 2025
ETEC from Antwerpen, company number BE0404297978, closed financial year 2025 with a result of € 229,960 after tax. For that financial year ETEC recorded a gross margin of € 775,107 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 226,922 to € 229,960. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 15, 2025.
€ 1.4 million
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 229,960
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 993,325
▲ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.3 million.
People and assets in 2025
5.1
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 461,675
▼ 2% vs 2024
€ 90,500 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.
€ 67,125
▲ 53% 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.
€ 784,877
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,015
▼ 44% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 579,036 | € 811,765 | € 782,678 | € 775,107 | ▼ 1% |
| Profit after taxes | € 65,076 | € 237,415 | € 226,922 | € 229,960 | ▲ 1% |
| Equity | € 972,897 | € 1,060,311 | € 1,137,233 | € 1,367,193 | ▲ 20% |
| Total debts | € 532,238 | € 912,692 | € 1,256,636 | € 819,892 | ▼ 35% |
| Cash | € 277,368 | € 281,902 | € 685,169 | € 993,325 | ▲ 45% |
| Retained profit | € 863,823 | € 951,238 | € 1,028,160 | € 1,258,120 | ▲ 22% |
| Dividend | € 50,000 | € 150,000 | € 150,000 | € 0 | ▼ 100% |
| Balance sheet total | € 1,505,135 | € 1,973,004 | € 2,393,869 | € 2,187,085 | ▼ 9% |
| Employees (FTE) | 6.2 | 5.5 | 5 | 5.1 | ▲ 0.1 |
Key figures of ETEC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ETEC?
What happened at ETEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 229,960 (▲ 1% vs 2024). Source: NBB ↗
- Michaël De Neef became a director. NBB
- Barbara De Neef became a director. NBB
- Marguerite Beckers became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,076 profit in 2022 to € 229,960 profit in 2025.
Paid € 287,032 in corporate taxes since 2022.
Best year ever: 2023, with € 237,415 profit.
On average € 152,000 of value added per employee in 2025.
Management
The stake of ISIDORA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ETECBehind ETEC are Barbara De Neef, Marguerite Beckers and Michaël De Neef. The shares are held by ISIDORA (96%).
Directors
According to the 2025 annual accounts
Barbara De Neef
Director
since 2008
Michaël De Neef
Managing director
Also active at: Emergo Chemical Coating, Immo Emergo, IMMO FERDINAND, TRADECC, ISIDORA, PRODECC
since 2013
Shareholders
96%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Terbekehofdreef 50-52
2610 Antwerpen
Terbekehofdreef 50 5
2610 Antwerpen
Active since 1 November 1960
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Emergo Chemical Coating same network
€ 2.5 million gross margin · 2025
Immo Emergo same network
€ 165,004 gross margin · 2025
IMMO FERDINAND same network
€ 107,041 gross margin · 2026
TRADECC same network
€ 1.1 million gross margin · 2025
ISIDORA same network
€ -5,736 gross margin · 2026
+1 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
- 0404.297.978
- VAT number
- BE 0404.297.978
- Registered office
- Terbekehofdreef 50-52, 2610 Antwerpen
- Names & denominations
- ETEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 1960
- Peppol
- Active · Active since 13 May 2026
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Isolatiewerkzaamheden
Overige gespecialiseerde bouwwerkzaamheden
Installatie van isolatie