Financials
Financial year 2025
E.T.C.O. from Pepingen, company number BE0460797807, closed financial year 2025 with a result of € 56,051 after tax. For that financial year E.T.C.O. recorded a gross margin of € 126,634 and equity of € 400,734. Compared with financial year 2024, the result moved from € 27,420 to € 56,051. Profitable, and profit is growing. 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 June 11, 2026.
€ 400,734
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 56,051
▲ 104% vs 2024
Profit after tax over the fiscal year.
€ 120,492
▲ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,666 paid out
3 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 19,570
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 344,239
▼ 7% vs 2024
€ 25,072 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 3,869
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,833
▲ € 17,310 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 136,049 | € 126,120 | € 115,730 | € 126,634 | ▲ 9% |
| Profit after taxes | € 49,058 | € 44,278 | € 27,420 | € 56,051 | ▲ 104% |
| Equity | € 304,350 | € 320,647 | € 346,348 | € 400,734 | ▲ 16% |
| Total debts | € 492,486 | € 435,717 | € 398,166 | € 389,576 | ▼ 2% |
| Cash | € 126,856 | € 77,013 | € 82,303 | € 120,492 | ▲ 46% |
| Land & buildings | € 483,661 | € 450,682 | € 403,586 | € 372,051 | ▼ 8% |
| Retained profit | € 285,750 | € 302,047 | € 327,748 | € 382,134 | ▲ 17% |
| Dividend | € 1,600 | € 27,982 | € 1,718 | € 1,666 | ▼ 3% |
| Bank debt | € 454,521 | € 393,466 | € 369,004 | € 344,239 | ▼ 7% |
| Balance sheet total | € 796,836 | € 756,364 | € 744,514 | € 790,309 | ▲ 6% |
Key figures of E.T.C.O., 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.C.O.?
What happened at E.T.C.O. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 56,051 (▲ 104% vs 2024). Source: NBB ↗
- New establishment in Pepingen. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,058 profit in 2022 to € 56,051 profit in 2025.
Paid € 74,214 in corporate taxes since 2022.
Best year ever: 2025, with € 56,051 profit.
Paid out € 32,966 in dividends to the owners in total.
Management
Behind E.T.C.O. are Nathalie Claes and Eddy Tiels.
Directors
According to the 2025 annual accounts
Nathalie Claes
Director
Eddy Tiels
Director
Establishments
Establishment units
Physical locations of this company
Kerkstraat(P) 5
1670 Pepingen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.797.807
- VAT number
- BE 0460.797.807
- Registered office
- Kerkstraat(P) 5, 1670 Pepingen
- Names & denominations
- E.T.C.O.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 1997
- Peppol
- Active · Active since 31 Mar 2026
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