Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 14.7 to 12.9.
Financials
Financial year 2025
ENTREC from Hoogstraten, company number BE0457662133, closed financial year 2025 with a result of € 233,479 after tax. For that financial year ENTREC recorded a gross margin of € 1.5 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 1.5 million to € 233,479. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 2.6 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 233,479
▼ 84% vs 2024
Profit after tax over the fiscal year.
€ 798,658
▲ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 251,748 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
12.9
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 9% vs 2024
€ 93,100 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.
€ 61,046
▲ 120% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 445,289
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 174,984
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,338,138 | € 2,137,765 | € 3,026,631 | € 1,538,245 | ▼ 49% |
| Profit after taxes | € -125,456 | € 223,164 | € 1,498,684 | € 233,479 | ▼ 84% |
| Equity | € 1,240,338 | € 1,269,097 | € 2,573,375 | € 2,555,106 | ▼ 1% |
| Total debts | € 2,538,044 | € 2,635,639 | € 2,506,241 | € 646,359 | ▼ 74% |
| Cash | € 123,249 | € 300,089 | € 410,541 | € 798,658 | ▲ 95% |
| Land & buildings | € 989,182 | € 901,736 | € 0 | € 12,097 | |
| Retained profit | € 878,338 | € 907,097 | € 2,211,375 | € 2,193,106 | ▼ 1% |
| Dividend | € 0 | € 194,406 | € 194,406 | € 251,748 | ▲ 29% |
| Bank debt | € 1,779,337 | € 1,603,558 | € 0 | € 0 | |
| Balance sheet total | € 3,778,382 | € 3,904,736 | € 5,295,756 | € 3,410,455 | ▼ 36% |
| Employees (FTE) | 14.7 | 14.7 | 13.1 | 12.9 | ▼ 0.2 |
Key figures of ENTREC, 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 ENTREC?
What happened at ENTREC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- TG-Group BV stepped down as director. NBB
- NVL Projects BVBA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 233,479 (▼ 84% vs 2024). Source: NBB ↗
- TG-Group BV became a director. NBB
- NVL Projects BVBA became a director. NBB
- New establishment in Hoogstraten. KBO
- Start of the company according to the CBE. KBO
In short
From € 125,456 loss in 2022 to € 233,479 profit in 2025.
Paid € 3,208 in corporate taxes since 2022.
Best year ever: 2024, with € 1.5 million profit.
On average € 119,200 of value added per employee in 2025.
Management
The stake of TG-Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ENTRECThe shares are held by TG-Group (100%).
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Director · represented by NIels Van Laer
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Riyadhstraat 32
2321 Hoogstraten
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DEVRANDOM, BE
Website info
Features
Security
Details
- Company number
- 0457.662.133
- VAT number
- BE 0457.662.133
- Registered office
- Riyadhstraat 32, 2321 Hoogstraten
- Names & denominations
- ENTREC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 1996
- Peppol
- Active · Active since 19 Aug 2025
- Contact
- entrec.be
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