What does ETEX SERVICES do?

ETEX SERVICES is an engineering firm in Kapelle-op-den-Bos. Public Limited, started on 12 December 1996, 2 establishments.

What is the address of ETEX SERVICES?

The registered office of ETEX SERVICES is located at Kuiermansstraat 1, 1880 Kapelle-op-den-Bos.

Is ETEX SERVICES still active?

Yes. According to the CBE (29 October 2026) ETEX SERVICES is active, legal situation “Normale toestand”, started on 12 December 1996.

Is ETEX SERVICES registered on Peppol?

Yes, ETEX SERVICES is registered on the Peppol network with ID 0208:0459431788.

What is the enterprise number of ETEX SERVICES?

The enterprise number of ETEX SERVICES is BE0459431788.

When was ETEX SERVICES founded?

ETEX SERVICES was founded on 12 December 1996.

Who are the directors of ETEX SERVICES?

According to the 2025 annual accounts, the directors of ETEX SERVICES are: Dirk Altgassen, Melchior Marie H. de Vogüé, Didier Staquet, Eric Bertrand.

Is ETEX SERVICES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 December 1996; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account; 2 establishments in the CBE.

How much profit did ETEX SERVICES make in 2025?

ETEX SERVICES posted a profit after taxes of € 2,215,019 in financial year 2025.

What is the revenue of ETEX SERVICES?

In its most recent annual accounts (2025), ETEX SERVICES reported revenue of € 93,067,180.

How much does an employee at ETEX SERVICES earn?

The average wage cost per full-time employee at ETEX SERVICES was € 158,400 in 2025: staff costs of € 33.2 million for 209.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ETEX SERVICES have?

According to the 2025 annual accounts, ETEX SERVICES has 209.7 full-time equivalents (FTE).

ETEX SERVICES (Public Limited) - Kapelle-op-den-Bos

Dossier ETEX SERVICES, printed on 29 October 2026 from databakkes.be/en/0459431788/etex-services. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ETEX SERVICES from Kapelle-op-den-Bos, company number BE0459431788, closed financial year 2025 with a result of € 2.2 million after tax. For that financial year ETEX SERVICES recorded revenue of € 93.1 million and equity of € 30.8 million. Compared with financial year 2024, the result moved from € 3.7 million to € 2.2 million. 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 May 25, 2026.

What it is worth Growing

€ 30.8 million

▲ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 2.2 million

▼ 40% vs 2024

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 22.8 million.

People and assets in 2025

Full-time equivalents

209.7

▲ 6.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 54 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 33.2 million

▲ 7% vs 2024

€ 158,400 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.

Vehicles and equipment

€ 291,909

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 11.5 million

▲ 22% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 9.7 million

▼ 14% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 66 days on average.

Taxes and wages

€ 8.4 million

▲ 8% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 75,978,904 Revenue 2022: € 75,978,904 First fiscal year in the series	€ 77,666,945 Revenue 2023: € 77,666,945 ▲ 2% vs 2022 (€ 75,978,904) Favourable step	€ 83,679,327 Revenue 2024: € 83,679,327 ▲ 8% vs 2023 (€ 77,666,945) Favourable step	€ 93,067,180 Revenue 2025: € 93,067,180 ▲ 11% vs 2024 (€ 83,679,327) Favourable step	▲ 11%
Profit after taxes	€ 1,060,991 Profit after taxes 2022: € 1,060,991 First fiscal year in the series	€ 799,232 Profit after taxes 2023: € 799,232 ▼ 25% vs 2022 (€ 1,060,991) Unfavourable step	€ 3,717,840 Profit after taxes 2024: € 3,717,840 ▲ € 2.9 million vs 2023 (€ 799,232) Favourable step	€ 2,215,019 Profit after taxes 2025: € 2,215,019 ▼ 40% vs 2024 (€ 3,717,840) Unfavourable step	▼ 40%
Equity	€ 24,096,496 Equity 2022: € 24,096,496 First fiscal year in the series	€ 24,895,728 Equity 2023: € 24,895,728 ▲ 3% vs 2022 (€ 24,096,496) Favourable step	€ 28,613,569 Equity 2024: € 28,613,569 ▲ 15% vs 2023 (€ 24,895,728) Favourable step	€ 30,828,588 Equity 2025: € 30,828,588 ▲ 8% vs 2024 (€ 28,613,569) Favourable step	▲ 8%
Total debts	€ 37,338,523 Total debts 2022: € 37,338,523 First fiscal year in the series	€ 33,815,354 Total debts 2023: € 33,815,354 ▼ 9% vs 2022 (€ 37,338,523) Favourable step	€ 28,793,308 Total debts 2024: € 28,793,308 ▼ 15% vs 2023 (€ 33,815,354) Favourable step	€ 29,698,991 Total debts 2025: € 29,698,991 ▲ 3% vs 2024 (€ 28,793,308) Unfavourable step	▲ 3%
Retained profit	€ 16,096,496 Retained profit 2022: € 16,096,496 First fiscal year in the series	€ 16,895,728 Retained profit 2023: € 16,895,728 ▲ 5% vs 2022 (€ 16,096,496) Favourable step	€ 20,613,569 Retained profit 2024: € 20,613,569 ▲ 22% vs 2023 (€ 16,895,728) Favourable step	€ 22,828,588 Retained profit 2025: € 22,828,588 ▲ 11% vs 2024 (€ 20,613,569) Favourable step	▲ 11%
Bank debt	€ 20,654,223 Bank debt 2022: € 20,654,223 First fiscal year in the series	€ 15,701,509 Bank debt 2023: € 15,701,509 ▼ 24% vs 2022 (€ 20,654,223) Favourable step	€ 9,461,120 Bank debt 2024: € 9,461,120 ▼ 40% vs 2023 (€ 15,701,509) Favourable step	€ 11,535,919 Bank debt 2025: € 11,535,919 ▲ 22% vs 2024 (€ 9,461,120) Unfavourable step	▲ 22%
Balance sheet total	€ 62,504,407 Balance sheet total 2022: € 62,504,407 First fiscal year in the series	€ 60,067,307 Balance sheet total 2023: € 60,067,307 ▼ 4% vs 2022 (€ 62,504,407) Unchanged	€ 58,287,431 Balance sheet total 2024: € 58,287,431 ▼ 3% vs 2023 (€ 60,067,307) Unchanged	€ 61,235,641 Balance sheet total 2025: € 61,235,641 ▲ 5% vs 2024 (€ 58,287,431) Unchanged	▲ 5%
Employees (FTE)	187.7 Employees (FTE) 2022: 187.7 First fiscal year in the series	195.6 Employees (FTE) 2023: 195.6 ▲ 7.9 vs 2022 (187.7) Unchanged	203 Employees (FTE) 2024: 203 ▲ 7.4 vs 2023 (195.6) Unchanged	209.7 Employees (FTE) 2025: 209.7 ▲ 6.7 vs 2024 (203) Unchanged	▲ 6.7

Key figures of ETEX SERVICES, 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 ETEX SERVICES?

What happened at ETEX SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Dirk Altgassen stepped down as director. NBB
2029 Melchior Marie H. de Vogüé stepped down as director. NBB
2029 Eric Bertrand stepped down as director. NBB
May 25, 2026 New annual accounts for financial year 2025: profit of € 2.2 million (▼ 40% vs 2024). Source: NBB ↗
2025 Didier Staquet stepped down as director. NBB
2021 Didier Staquet became a director. NBB
2019 Eric Bertrand became a director. NBB
Jan 1, 2017 New establishment in Zaventem. KBO

In short

From € 1.1 million profit in 2022 to € 2.2 million profit in 2025.

Paid € 1.3 million in corporate taxes since 2022.

Best year ever: 2024, with € 3.7 million profit.

Pays suppliers within 66 days on average.

Original PDFs at the National Bank ↗

Management

Etex NV 84.1%

Merilux SARL 15.9%

ETEX SERVICES

CemCycle BV 50%

WANIT FULGURIT GMBH 6%

The shares are held by Etex NV (84.1%) and Merilux SARL (15.9%). It owns 50% of CemCycle BV and 6% of WANIT FULGURIT GMBH itself.

Directors

According to the 2025 annual accounts

Dirk Altgassen

Managing director

since 2017 · until 2029

Melchior Marie H. de Vogüé

Director

Also active at: Etex New Ways

since 2017 · until 2029

Didier Staquet

Director

Also active at: DSTAQUET CONSEIL

since 2021 · until 2025

Eric Bertrand

Managing director

Also active at: PROMAT RESEARCH AND TECHNOLOGY CENTRE

since 2019 · until 2029

Shareholders

Etex NV

84.1%

Merilux SARL

15.9%

Participations

CemCycle BV

50%

WANIT FULGURIT GMBH

Establishments

Establishment units

Physical locations of this company

Registered office

Kuiermansstraat 1

1880 Kapelle-op-den-Bos

2.269.341.526

Luchthaven Brussel Nationaal 1K

1930 Zaventem

Active since 1 January 2017

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

Mutualiteit van het Personeel van de N.V. Eternit

Beroepsvereniging voor Belgische Vezelcementproducenten

Europese Federatie van vezelcementproducenten

COMPTOIR DU BATIMENT

€ 20.4 million revenue · 2025

ETERNIT

€ 163.6 million revenue · 2025

+1 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0459.431.788
VAT number: BE 0459.431.788
Registered office: Kuiermansstraat 1, 1880 Kapelle-op-den-Bos
Names & denominations: ETEX SERVICES
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 12 December 1996
Peppol: Active · Active since 2 Oct 2025
Activities · NACE: Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts

View on CBE Public ↗ Annual accounts (NBB) ↗