ETN is a forestry business in Paliseul. Private Limited, started on 31 July 1982, 1 establishment.

What is the address of ETN?

The registered office of ETN is located at Rue de Ferreing,Offagne 14, 6850 Paliseul.

Yes. According to the CBE (30 October 2026) ETN is active, legal situation “Normale toestand”, started on 31 July 1982.

Is ETN registered on Peppol?

Yes, ETN is registered on the Peppol network with ID 0208:0422894957.

What is the enterprise number of ETN?

The enterprise number of ETN is BE0422894957.

When was ETN founded?

ETN was founded on 31 July 1982.

Who are the directors of ETN?

According to the 2025 annual accounts, the directors of ETN are: PASCAL LEONARD.

Is ETN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 July 1982; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did ETN make in 2025?

ETN posted a profit after taxes of € 79,508 in financial year 2025.

What is the revenue of ETN?

As a small company, ETN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 220,056.

ETN (Private Limited) - Paliseul - BE0422894957

Dossier ETN, printed on 30 October 2026 from databakkes.be/en/0422894957/etn. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ETN from Paliseul, company number BE0422894957, closed financial year 2025 with a result of € 79,508 after tax. For that financial year ETN recorded a gross margin of € 220,056 and equity of € 231,726. Compared with financial year 2024, the result moved from € 16,385 to € 79,508. 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 25, 2025.

What it is worth Growing

€ 231,726

▲ 52% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 79,508

▲ € 63,123 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 167,032

▲ € 147,847 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 211,193.

People and assets in 2025

Wage cost

€ 60,913

▼ 11% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 43,535

▼ 79% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 13,229

▼ 93% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 48,245

▼ 62% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 19,742

▲ 124% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 129,075 Gross margin 2022: € 129,075 First fiscal year in the series	€ 276,158 Gross margin 2023: € 276,158 ▲ 114% vs 2022 (€ 129,075) Favourable step	€ 213,399 Gross margin 2024: € 213,399 ▼ 23% vs 2023 (€ 276,158) Unfavourable step	€ 220,056 Gross margin 2025: € 220,056 ▲ 3% vs 2024 (€ 213,399) Favourable step	▲ 3%
Profit after taxes	€ 67,750 Profit after taxes 2022: € 67,750 First fiscal year in the series	€ 70,856 Profit after taxes 2023: € 70,856 ▲ 5% vs 2022 (€ 67,750) Favourable step	€ 16,385 Profit after taxes 2024: € 16,385 ▼ 77% vs 2023 (€ 70,856) Unfavourable step	€ 79,508 Profit after taxes 2025: € 79,508 ▲ € 63,123 vs 2024 (€ 16,385) Favourable step	▲ € 63,123
Equity	€ 64,896 Equity 2022: € 64,896 First fiscal year in the series	€ 135,751 Equity 2023: € 135,751 ▲ 109% vs 2022 (€ 64,896) Favourable step	€ 152,136 Equity 2024: € 152,136 ▲ 12% vs 2023 (€ 135,751) Favourable step	€ 231,726 Equity 2025: € 231,726 ▲ 52% vs 2024 (€ 152,136) Favourable step	▲ 52%
Total debts	€ 313,768 Total debts 2022: € 313,768 First fiscal year in the series	€ 449,901 Total debts 2023: € 449,901 ▲ 43% vs 2022 (€ 313,768) Unfavourable step	€ 370,022 Total debts 2024: € 370,022 ▼ 18% vs 2023 (€ 449,901) Favourable step	€ 133,793 Total debts 2025: € 133,793 ▼ 64% vs 2024 (€ 370,022) Favourable step	▼ 64%
Cash	€ 57,320 Cash 2022: € 57,320 First fiscal year in the series	€ 147,940 Cash 2023: € 147,940 ▲ 158% vs 2022 (€ 57,320) Favourable step	€ 19,185 Cash 2024: € 19,185 ▼ 87% vs 2023 (€ 147,940) Unfavourable step	€ 167,032 Cash 2025: € 167,032 ▲ € 147,847 vs 2024 (€ 19,185) Favourable step	▲ € 147,847
Retained profit	€ 44,444 Retained profit 2022: € 44,444 First fiscal year in the series	€ 115,300 Retained profit 2023: € 115,300 ▲ 159% vs 2022 (€ 44,444) Favourable step	€ 131,685 Retained profit 2024: € 131,685 ▲ 14% vs 2023 (€ 115,300) Favourable step	€ 211,193 Retained profit 2025: € 211,193 ▲ 60% vs 2024 (€ 131,685) Favourable step	▲ 60%
Dividend	€ 45,000 Dividend 2022: € 45,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 45,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 230,594 Bank debt 2022: € 230,594 First fiscal year in the series	€ 248,075 Bank debt 2023: € 248,075 ▲ 8% vs 2022 (€ 230,594) Unfavourable step	€ 199,814 Bank debt 2024: € 199,814 ▼ 19% vs 2023 (€ 248,075) Favourable step	€ 13,229 Bank debt 2025: € 13,229 ▼ 93% vs 2024 (€ 199,814) Favourable step	▼ 93%
Balance sheet total	€ 378,663 Balance sheet total 2022: € 378,663 First fiscal year in the series	€ 585,652 Balance sheet total 2023: € 585,652 ▲ 55% vs 2022 (€ 378,663) Unchanged	€ 522,158 Balance sheet total 2024: € 522,158 ▼ 11% vs 2023 (€ 585,652) Unchanged	€ 365,519 Balance sheet total 2025: € 365,519 ▼ 30% vs 2024 (€ 522,158) Unchanged	▼ 30%

Key figures of ETN, 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 ETN?

What happened at ETN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Dec 25, 2025 New annual accounts for financial year 2025: profit of € 79,508 (▲ € 63,123 vs 2024). Source: NBB ↗
2021 PASCAL LEONARD became a director. NBB
Aug 1, 1982 New establishment in Paliseul. KBO
Jul 31, 1982 Start of the company according to the CBE. KBO

In short

From € 67,750 profit in 2022 to € 79,508 profit in 2025.

Paid € 61,713 in corporate taxes since 2022.

Best year ever: 2025, with € 79,508 profit.

Paid out € 45,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

PASCAL LEONARD

ETN

LEONARD IMMO

Behind ETN is PASCAL LEONARD. PASCAL LEONARD is also behind LEONARD IMMO.

Directors

According to the 2025 annual accounts

PASCAL LEONARD

Director

Also active at: LEONARD IMMO

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de Ferreing,Offagne 14

6850 Paliseul

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

LEONARD IMMO same network

€ 12,690 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0422.894.957
VAT number: BE 0422.894.957
Registered office: Rue de Ferreing,Offagne 14, 6850 Paliseul
Names & denominations: ETN
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 31 July 1982
Peppol: Active · Active since 6 Jan 2026
Activities · NACE: Exploitatie van bossen

View on CBE Public ↗ Annual accounts (NBB) ↗

ETN