Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
30 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ETUDES - MARKETING - CONSEILS from Koekelberg, company number BE0416943315, closed financial year 2025 with a result of € 5,346 after tax. For that financial year ETUDES - MARKETING - CONSEILS recorded a gross margin of € 28,390 and equity of € 44,368. Compared with financial year 2024, the result moved from € 8,252 to € 5,346. The company is profitable. 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 October 12, 2026.
€ 44,368
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,346
▼ 35% vs 2024
Profit after tax over the fiscal year.
€ 833 paid out
16 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 6,105
▲ 141% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 32,917
▼ 26% vs 2024
€ 10,941 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 19,487
▲ 103% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,714
▼ 29% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 36,762 | € 39,484 | € 35,678 | € 28,390 | ▼ 20% |
| Profit after taxes | € 25,001 | € 9,095 | € 8,252 | € 5,346 | ▼ 35% |
| Equity | € 29,341 | € 32,436 | € 39,856 | € 44,368 | ▲ 11% |
| Total debts | € 88,678 | € 78,015 | € 66,921 | € 59,952 | ▼ 10% |
| Land & buildings | € 114,315 | € 99,415 | € 85,835 | € 75,055 | ▼ 13% |
| Retained profit | € -1,645 | € 1,450 | € 8,869 | € 13,382 | ▲ 51% |
| Dividend | € 0 | € 6,000 | € 833 | € 833 | |
| Bank debt | € 61,540 | € 58,139 | € 44,199 | € 32,917 | ▼ 26% |
| Balance sheet total | € 118,020 | € 110,452 | € 106,776 | € 104,320 | ▼ 2% |
Key figures of ETUDES - MARKETING - CONSEILS, 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 ETUDES - MARKETING - CONSEILS?
What happened at ETUDES - MARKETING - CONSEILS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,346 (▼ 35% vs 2024). filed late Source: NBB ↗
- Raoul THYBAUT became a director. NBB
- New establishment in Koekelberg. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,001 profit in 2022 to € 5,346 profit in 2025.
Paid € 14,382 in corporate taxes since 2022.
Best year ever: 2022, with € 25,001 profit.
Paid out € 7,666 in dividends to the owners in total.
Management
Behind ETUDES - MARKETING - CONSEILS is Raoul THYBAUT. Raoul THYBAUT is also behind BELGOFINA.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Landsroemlaan 3
1081 Koekelberg
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 30 companies are registered at this address.
All companies at this address →Supply and Maintenance Company
OLIVIER ROUSSEL, GESTION & CONSEIL
€ 72,068 gross margin · 2025
ADMINISTRATION AND TAX SERVICES
€ 69,686 gross margin · 2024
EUROPEAN FINANCE et INVESTMENTS
€ 43,919 gross margin · 2025
UPGRADE
€ 21,017 gross margin · 2025
+25 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
- 0416.943.315
- VAT number
- BE 0416.943.315
- Registered office
- Landsroemlaan 3, 1081 Koekelberg
- Names & denominations
- ETUDES - MARKETING - CONSEILS · E.M.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 September 1976
- Peppol
- Not registered
- Activities · NACE
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