Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
ETAP Lighting International from Malle, company number BE0424980655, closed financial year 2025 with a result of € -4.1 million after tax. For that financial year ETAP Lighting International recorded revenue of € 32.8 million and equity of € 5.9 million. Compared with financial year 2024, the result moved from € -3.7 million to € -4.1 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 5.9 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4.1 million
▼ 11 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2.8 million
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.4 million.
People and assets in 2025
240
▼ 4.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 18.7 million
▼ 2% vs 2024
€ 78,100 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.
€ 699,593
▼ 25% vs 2024
Of which on lease € 428,250.
Debts at end 2025
€ 5.8 million
▼ 9% vs 2024
€ 384,051 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2.2 million
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.
€ 3.8 million
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 33,257,546 | € 34,475,278 | € 36,259,746 | € 32,769,570 | ▼ 10% |
| Profit after taxes | € -2,491,643 | € -2,484,329 | € -3,694,962 | € -4,104,188 | ▼ € 409,226 |
| Equity | € 8,857,740 | € 6,373,411 | € 5,987,858 | € 5,883,670 | ▼ 2% |
| Total debts | € 11,315,524 | € 13,826,123 | € 13,147,857 | € 12,458,397 | ▼ 5% |
| Cash | € 2,949,091 | € 3,022,297 | € 3,107,327 | € 2,824,995 | ▼ 9% |
| Retained profit | € -3,298,121 | € -5,782,450 | € -1,942,411 | € -2,350,599 | ▼ € 408,188 |
| Bank debt | € 4,296,028 | € 7,210,223 | € 6,411,271 | € 5,808,734 | ▼ 9% |
| Balance sheet total | € 20,795,242 | € 20,936,137 | € 19,918,388 | € 18,847,697 | ▼ 5% |
| Employees (FTE) | 247.6 | 240.4 | 244.3 | 240 | ▼ 4.3 |
Key figures of ETAP Lighting International, 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 ETAP Lighting International?
What happened at ETAP Lighting International in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Anna Maria JORIS stepped down as director. NBB
- Karen Van Erck stepped down as director. NBB
- Philinvco GCV stepped down as director. NBB
- AAE-Consulting GmbH stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4.1 million. Source: NBB ↗
- Plan2Transform BV stepped down as director. NBB
- Christine JORIS stepped down as director. NBB
- Karen Van Erck became a director. NBB
In short
From € 2.5 million loss in 2022 to € 4.1 million loss in 2025.
Paid € 317,778 in corporate taxes since 2022.
Pays suppliers within 45 days on average.
Management
The stake of Parfibel comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ETAP Lighting InternationalThe shares are held by Parfibel (90%). It owns 100% of Etap Services itself.
Directors
According to the 2025 annual accounts
Director
Also active at: Post Light International, H.K.W., Perfect Lighting International
since 2022 · until 2026
since 2024 · until 2028
Director
since 2023 · until 2027
Karen Van Erck
Director
since 2024 · until 2028
AAE-Consulting GmbH
Director
since 2023 · until 2027
since 2022 · until 2026
Shareholders
90%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Antwerpsesteenweg 130
2390 Malle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.980.655
- VAT number
- BE 0424.980.655
- Registered office
- Antwerpsesteenweg 130, 2390 Malle
- Names & denominations
- ETAP Lighting International
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 1983
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van verlichtingsapparaten
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Groothandel in elektrisch materiaal inclusief installatiemateriaal