Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 65 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
E.T.C. from De Haan, company number BE0439443058, closed financial year 2025 with a result of € 565 after tax. For that financial year E.T.C. recorded a gross margin of € 267,421 and equity of € 199,233. Compared with financial year 2024, the result moved from € 400 to € 565. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 199,233
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 565
▲ 41% vs 2024
Profit after tax over the fiscal year.
€ 59,620
▲ 127% 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 € 122,733.
People and assets in 2025
3.9
Average over the fiscal year, from the social balance sheet.
€ 115,482
▼ 77% vs 2024
€ 29,600 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.
€ 4,642
▼ 76% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▲ 48% vs 2024
€ 156,665 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 539,808
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 193,858
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 501,485 | € 489,045 | € 712,578 | € 267,421 | ▼ 62% |
| Profit after taxes | € 16,586 | € 4,283 | € 400 | € 565 | ▲ 41% |
| Equity | € 194,164 | € 198,267 | € 198,668 | € 199,233 | |
| Total debts | € 1,503,836 | € 1,689,285 | € 1,987,216 | € 2,119,546 | ▲ 7% |
| Cash | € 60,683 | € 29,133 | € 26,226 | € 59,620 | ▲ 127% |
| Land & buildings | € 698,069 | € 698,124 | € 665,495 | € 955,144 | ▲ 44% |
| Retained profit | € 117,664 | € 121,767 | € 122,168 | € 122,733 | |
| Bank debt | € 958,882 | € 882,078 | € 823,438 | € 1,217,858 | ▲ 48% |
| Balance sheet total | € 1,697,999 | € 1,887,552 | € 2,185,884 | € 2,318,779 | ▲ 6% |
| Employees (FTE) | 8.6 | 7.1 | 3.9 | 3.9 |
Key figures of E.T.C., fiscal years 2021 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 E.T.C.?
What happened at E.T.C. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 565 (▲ 41% vs 2024). Source: NBB ↗
- Dieter Dekeyzer became a director. NBB
- New establishment in De Haan. KBO
- New establishment in De Haan. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,586 profit in 2021 to € 565 profit in 2025.
Paid € 8,043 in corporate taxes since 2021.
Best year ever: 2021, with € 16,586 profit.
On average € 68,600 of value added per employee in 2025.
Management
Behind E.T.C. is Dieter Dekeyzer. The shares are held by Nathalie Janssens, D & D International and Dieter Dekeyzer.
Directors
According to the 2025 annual accounts
since 2015
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Coppietersstraat 33
8420 De Haan
Kerkstraat 2
8420 De Haan
Active since 21 February 1997
Kerkstraat 1
8420 De Haan
Active since 15 May 2008
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
- 0439.443.058
- VAT number
- BE 0439.443.058
- Registered office
- Coppietersstraat 33, 8420 De Haan
- Names & denominations
- E.T.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 1989
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Handelsbemiddeling in de niet-gespecialiseerde groothandel
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