Financials
Financial year 2025
E.T.I.B. from Olen, company number BE0446385981, closed financial year 2025 with a result of € -420,035 after tax. For that financial year E.T.I.B. recorded a gross margin of € 3.5 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 90,012 to € -420,035. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 6, 2026.
€ 3 million
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -420,035
▼ still € 90,012 profit in 2024
Profit after tax over the fiscal year.
€ 875,192
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.9 million.
People and assets in 2025
46.3
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▲ 1% vs 2024
€ 73,600 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.
€ 230,817
▲ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.6 million
▲ € 3.6 million vs 2024
€ 165,807 is repaid this year. At this pace the long-term loan is gone in ≈ 28 years.
€ 2.8 million
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 551,533
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,225,435 | € 5,235,132 | € 3,900,170 | € 3,467,459 | ▼ 11% |
| Profit after taxes | € 701,540 | € 1,020,283 | € 90,012 | € -420,035 | ▼ € 510,047 |
| Equity | € 3,550,194 | € 3,790,478 | € 3,880,490 | € 3,000,455 | ▼ 23% |
| Total debts | € 5,061,640 | € 6,285,826 | € 5,116,981 | € 8,612,999 | ▲ 68% |
| Cash | € 1,198,503 | € 1,922,682 | € 716,013 | € 875,192 | ▲ 22% |
| Land & buildings | € 2,114,924 | € 1,991,634 | € 1,893,124 | € 1,944,325 | ▲ 3% |
| Retained profit | € 3,451,037 | € 3,691,320 | € 3,781,332 | € 2,901,297 | ▼ 23% |
| Dividend | € 0 | € 780,000 | € 0 | € 460,000 | |
| Bank debt | € 1,077,409 | € 1,130,340 | € 1,017,333 | € 4,616,815 | ▲ € 3.6 million |
| Balance sheet total | € 8,611,834 | € 10,076,304 | € 8,997,470 | € 11,613,454 | ▲ 29% |
| Employees (FTE) | 46 | 46.9 | 46.9 | 46.3 | ▼ 0.6 |
Key figures of E.T.I.B., 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 January 2027.
What happened to E.T.I.B.?
What happened at E.T.I.B. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vihafi CommV stepped down as director. NBB
- Groep A.X. BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 420,035 (▼ € 510,047 vs 2024). Source: NBB ↗
- Vihafi CommV became a director. NBB
- Groep A.X. BV became a director. NBB
- New establishment in Herent. KBO
- New establishment in Olen. KBO
- New establishment in Olen. KBO
In short
From € 701,540 profit in 2022 to € 420,035 loss in 2025.
Paid € 798,809 in corporate taxes since 2022.
Best year ever: 2023, with € 1 million profit.
On average € 74,900 of value added per employee in 2025.
Management
The stake of GROEP A.X. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
E.T.I.B.The shares are held by GROEP A.X. (100%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Director · represented by vertegenwoordigd door Van Olmen Steven Fivios BV
Also active at: CONCRETE HOUSE
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrielaan 22
2250 Olen
Stadsestraat 24
2250 Olen
Active since 1 March 2011
Mechelsesteenweg 1094
3020 Herent
Active since 23 March 2018
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.
Details
- Company number
- 0446.385.981
- VAT number
- BE 0446.385.981
- Registered office
- Industrielaan 22, 2250 Olen
- Names & denominations
- E.T.I.B.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 1992
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Bouwen van individuele huizen
Algemene bouw van residentiële gebouwen
Groothandel in andere consumentenartikelen, neg
Groothandel in bouwmaterialen, algemeen assortiment
Overige groothandel in consumentenartikelen, n.e.g.
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair