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.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
E.T.A. from Herselt, company number BE0444796864, closed financial year 2025 with a result of € -1.5 million after tax. For that financial year E.T.A. recorded revenue of € 521,022 and equity of € 160.4 million. Compared with financial year 2024, the result moved from € -312,028 to € -1.5 million. The company made a loss. 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 31, 2026.
€ 160.4 million
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.5 million
▼ 388 % more loss than in 2024
Profit after tax over the fiscal year.
€ 98,270
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -14.7 million.
People and assets in 2025
8
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 393,822
▼ 3% vs 2024
€ 49,200 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.
€ 6,095
▼ 69% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 32.1 million
▼ 7% vs 2024
€ 2.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 252,129
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 92,469
▲ 106% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 592,971 | € 521,816 | € 521,022 | |
| Gross margin | € 4,814,609 | € 5,439,713 | € 5,944,166 | € 6,008,852 | ▲ 1% |
| Profit after taxes | € -1,135,645 | € -417,027 | € -312,028 | € -1,521,234 | ▼ € 1.2 million |
| Equity | € 103,614,251 | € 109,212,224 | € 118,050,196 | € 160,381,416 | ▲ 36% |
| Total debts | € 41,197,692 | € 38,334,554 | € 35,288,660 | € 33,245,635 | ▼ 6% |
| Cash | € 170,301 | € 78,465 | € 207,837 | € 98,270 | ▼ 53% |
| Land & buildings | € 141,875,251 | € 145,061,083 | € 150,684,329 | € 192,413,760 | ▲ 28% |
| Retained profit | € -12,472,749 | € -12,889,776 | € -13,201,804 | € -14,723,039 | ▼ € 1.5 million |
| Bank debt | € 40,256,441 | € 37,133,215 | € 34,430,870 | € 32,068,031 | ▼ 7% |
| Balance sheet total | € 145,073,803 | € 147,791,029 | € 153,565,497 | € 193,836,083 | ▲ 26% |
| Employees (FTE) | 8.5 | 7.8 | 8.1 | 8 | ▼ 0.1 |
Key figures of E.T.A., 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 E.T.A.?
What happened at E.T.A. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.5 million. Source: NBB ↗
- New establishment in Herselt. KBO
- New establishment in Herselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million loss in 2022 to € 1.5 million loss in 2025.
Paid € 854,042 in corporate taxes since 2022.
On average € 751,100 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Aarschotsesteenweg 100 box B
2230 Herselt
Aarschotsesteenweg 102
2230 Herselt
Active since 27 September 1991
Aarschotsesteenweg 100
2230 Herselt
Active since 21 June 1999
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.796.864
- VAT number
- BE 0444.796.864
- Registered office
- Aarschotsesteenweg 100 bus B, 2230 Herselt
- Names & denominations
- E.T.A.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 1991
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten
Algemene bouw van residentiële gebouwen
Detailhandel in onderdelen en accessoires van motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bouwen van individuele huizen
+5