Financials
Financial year 2025
ETIVOET from Deinze, company number BE0425861672, closed financial year 2025 with a result of € 400,063 after tax. For that financial year ETIVOET recorded a gross margin of € 3.6 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 224,761 to € 400,063. 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 July 3, 2026.
€ 3 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 400,063
▲ 78% vs 2024
Profit after tax over the fiscal year.
€ 349,982
▼ 56% 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 € 2.7 million.
People and assets in 2025
34.4
▲ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▲ 17% vs 2024
€ 68,800 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.
€ 304,390
▲ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.8 million
▼ 13% vs 2024
€ 645,876 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 448,746
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 276,712
▼ 6% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,937,157 | € 3,054,394 | € 3,045,824 | € 3,572,526 | ▲ 17% |
| Profit after taxes | € 522,606 | € 234,230 | € 224,761 | € 400,063 | ▲ 78% |
| Equity | € 2,170,656 | € 2,404,886 | € 2,629,647 | € 3,029,710 | ▲ 15% |
| Total debts | € 5,623,076 | € 5,001,559 | € 4,359,583 | € 3,594,869 | ▼ 18% |
| Cash | € 490,070 | € 588,578 | € 791,141 | € 349,982 | ▼ 56% |
| Retained profit | € 1,870,656 | € 2,104,886 | € 2,329,647 | € 2,729,710 | ▲ 17% |
| Bank debt | € 4,541,229 | € 4,165,456 | € 3,214,025 | € 2,809,830 | ▼ 13% |
| Balance sheet total | € 7,793,733 | € 7,406,445 | € 6,989,230 | € 6,624,580 | ▼ 5% |
| Employees (FTE) | 30.1 | 30.1 | 30.8 | 34.4 | ▲ 3.6 |
Key figures of ETIVOET, 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 ETIVOET?
What happened at ETIVOET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 400,063 (▲ 78% vs 2024). Source: NBB ↗
- Mireille Devreese became a director. NBB
- BAE MANAGEMENT CONSULTING BVBA became a director. NBB
- FREDERIK VOET CONSULTING became a director. NBB
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 522,606 profit in 2022 to € 400,063 profit in 2025.
Paid € 266,904 in corporate taxes since 2022.
Best year ever: 2022, with € 522,606 profit.
On average € 103,900 of value added per employee in 2025.
Management
Behind ETIVOET are Mireille Devreese, BAE MANAGEMENT CONSULTING BVBA and FREDERIK VOET CONSULTING. It owns 100% of Radiation Based Crosslink and 100% of In(k)Control itself.
Directors
According to the 2025 annual accounts
Mireille Devreese
Director
since 2023
BAE MANAGEMENT CONSULTING BVBA
Director · represented by Philippe Voet
Also active at: IMMO VOET, In(k)control, Radiation Based Crosslink
since 2023
Director · represented by Frederik Voet
Also active at: IMMO VOET, In(k)control, Radiation Based Crosslink
since 2023
Establishments
Establishment units
Physical locations of this company
E 3 laan 43
9800 Deinze
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0425.861.672
- VAT number
- BE 0425.861.672
- Registered office
- E 3 laan 43, 9800 Deinze
- Names & denominations
- ETIVOET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 1984
- Peppol
- Active · Active since 9 Oct 2026
- Contact
- etivoet.be
- Activities · NACE
Overige drukkerijen
Overige activiteiten op het gebied van drukwerk