Active · per the CBE, 29 October 2026

ERTEL - C.B.S.

BE0433096684

Rechtspersoon Public limited company 2 establishments

ERTEL - C.B.S. is filed with the CBE under the catch-all “Niet-gespecialiseerde groothandel”, a code that says little about what the company actually does. Public Limited, started on 13 January 1988, 2 establishments.

Oude Waversebaan(SAR) 112, 3040 Huldenberg

Behind the company: MAPO FOOD.

Active for

38 year, 9 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ERTEL - C.B.S. from Huldenberg, company number BE0433096684, closed financial year 2025 with a result of € 4.1 million after tax. For that financial year ERTEL - C.B.S. recorded a gross margin of € 5.2 million and equity of € 4.2 million. Compared with financial year 2024, the result moved from € 263,983 to € 4.1 million. 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 May 1, 2026.

What it is worth Growing

€ 4.2 million

▲ 33% vs 2024

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

Profit Growing

€ 4.1 million

▲ € 3.9 million vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 335,543

▼ 83% vs 2024

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

Where the profit goes Pays out

€ 3.1 million paid out

75 % of the profit went to the shareholders, mostly to MAPO-FOOD (100 % of the shares). That is where the money ends up.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 255

▼ 26% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 319,435 € 347,329 € 421,419 € 5,231,761 ▲ € 4.8 million
Profit after taxes € 270,155 € 219,024 € 263,983 € 4,135,159 ▲ € 3.9 million
Equity € 2,672,489 € 2,891,513 € 3,155,496 € 4,190,655 ▲ 33%
Total debts € 370,877 € 381,163 € 3,735,995 € 1,675,643 ▼ 55%
Cash € 57,485 € 53,337 € 1,987,480 € 335,543 ▼ 83%
Land & buildings € 1,659,801 € 1,530,842 € 1,492,571 € 1,109,526 ▼ 26%
Retained profit € 986,489 € 1,205,513 € 1,469,496 € 2,504,655 ▲ 70%
Dividend € 0 € 0 € 0 € 3,100,000
Balance sheet total € 3,043,367 € 3,272,676 € 6,891,491 € 5,866,298 ▼ 15%

Key figures of ERTEL - C.B.S., 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 April 2027.

What happened to ERTEL - C.B.S.?

What happened at ERTEL - C.B.S. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 4.1 million (▲ € 3.9 million vs 2024). filed late Source: NBB ↗
  • MAPO FOOD became a director. NBB
  • New establishment in De Haan. KBO
  • New establishment in Huldenberg. KBO
  • Start of the company according to the CBE. KBO

In short

From € 270,155 profit in 2022 to € 4.1 million profit in 2025.

Paid € 1.6 million in corporate taxes since 2022.

Best year ever: 2025, with € 4.1 million profit.

Paid out € 3.1 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

MAPO-FOOD 100%

The stake of MAPO-FOOD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ERTEL - C.B.S.

Behind ERTEL - C.B.S. is MAPO FOOD. The shares are held by MAPO-FOOD (100%).

Directors

According to the 2025 annual accounts

MAPO FOOD

Managing director · represented by STEPHANE VAN DE MOORTELE

Also active at: VDL CONSULTING, ABIM

since 2024

Shareholders

MAPO-FOOD

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Oude Waversebaan(SAR) 112

3040 Huldenberg

2.032.867.996

Nijvelsebaan 89

3040 Huldenberg

Active since 12 December 1994

2.180.460.624

Nieuwe Steenweg 220 box 0304

8420 De Haan

Active since 1 May 2009

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

Details

Company number
0433.096.684
VAT number
BE 0433.096.684
Registered office
Oude Waversebaan(SAR) 112, 3040 Huldenberg
Names & denominations
ERTEL - C.B.S.
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
13 January 1988
Peppol
Active · Active since 12 May 2026
Activities · NACE

Niet-gespecialiseerde groothandel

Overige groothandel

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What does ERTEL - C.B.S. do?
ERTEL - C.B.S. is filed with the CBE under the catch-all “Niet-gespecialiseerde groothandel”, a code that says little about what the company actually does. Public Limited, started on 13 January 1988, 2 establishments.
What is the address of ERTEL - C.B.S.?
The registered office of ERTEL - C.B.S. is located at Oude Waversebaan(SAR) 112, 3040 Huldenberg.
Is ERTEL - C.B.S. still active?
Yes. According to the CBE (29 October 2026) ERTEL - C.B.S. is active, legal situation “Normale toestand”, started on 13 January 1988.
Is ERTEL - C.B.S. registered on Peppol?
Yes, ERTEL - C.B.S. is registered on the Peppol network with ID 0208:0433096684.
What is the enterprise number of ERTEL - C.B.S.?
The enterprise number of ERTEL - C.B.S. is BE0433096684.
When was ERTEL - C.B.S. founded?
ERTEL - C.B.S. was founded on 13 January 1988.