Financials
Financial year 2025
ETAX from Nivelles, company number BE0439164827, closed financial year 2025 with a result of € 56,088 after tax. For that financial year ETAX recorded a gross margin of € 232,492 and equity of € 221,962. Compared with financial year 2024, the result moved from € 57,246 to € 56,088. 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 June 4, 2026.
€ 221,962
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 56,088
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 24,040
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 25,000 paid out
45 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 45,968
▼ 5% 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.
€ 5,274
▼ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 335,532
▼ 8% vs 2024
€ 28,973 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 2,528
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,323
▲ 74% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 145,213 | € 197,489 | € 178,403 | € 232,492 | ▲ 30% |
| Profit after taxes | € -47,980 | € 82,084 | € 57,246 | € 56,088 | ▼ 2% |
| Equity | € 181,544 | € 183,628 | € 190,874 | € 221,962 | ▲ 16% |
| Total debts | € 509,485 | € 463,008 | € 400,593 | € 370,152 | ▼ 8% |
| Cash | € 1,358 | € 18,894 | € 46,453 | € 24,040 | ▼ 48% |
| Land & buildings | € 578,856 | € 546,760 | € 470,278 | € 501,475 | ▲ 7% |
| Retained profit | € 141,544 | € 143,628 | € 150,874 | € 181,962 | ▲ 21% |
| Dividend | € 0 | € 80,000 | € 50,000 | € 25,000 | ▼ 50% |
| Bank debt | € 416,793 | € 391,888 | € 363,972 | € 335,532 | ▼ 8% |
| Balance sheet total | € 691,029 | € 646,636 | € 591,467 | € 592,114 | |
| Employees (FTE) | - | 1.2 | - | - |
Key figures of ETAX, 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 ETAX?
What happened at ETAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 56,088 (▼ 2% vs 2024). Source: NBB ↗
- New establishment in Rebecq. KBO
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 47,980 loss in 2022 to € 56,088 profit in 2025.
Paid € 45,131 in corporate taxes since 2022.
Best year ever: 2023, with € 82,084 profit.
On average € 164,600 of value added per employee in 2023.
Management
Behind ETAX is Philippe NIEUS.
Directors
According to the 2025 annual accounts
Philippe NIEUS
Director
Establishments
Establishment units
Physical locations of this company
Avenue d'Allemagne 2/2
1400 Nivelles
Rue du Radoux 57 box A
1430 Rebecq
Active since 4 January 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.164.827
- VAT number
- BE 0439.164.827
- Registered office
- Avenue d'Allemagne 2/2, 1400 Nivelles
- Names & denominations
- ETAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 November 1989
- Peppol
- Active · Active since 17 Jul 2025
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants
Boekhouders
Boekhouders en boekhouders-fiscalisten