Financials
Financial year 2025
Etico from Herk-de-Stad, company number BE0465330378, closed financial year 2025 with a result of € 85,057 after tax. For that financial year Etico recorded a gross margin of € 190,600 and equity of € 362,741. Compared with financial year 2024, the result moved from € 80,656 to € 85,057. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 362,741
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 85,057
▲ 5% vs 2024
Profit after tax over the fiscal year.
€ 56,569
▲ € 43,279 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 344,141.
People and assets in 2025
€ 31,086
▲ € 30,769 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 851,584
▼ 6% vs 2024
€ 90,358 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 3,045
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,746
▲ 47% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 108,278 | € 151,240 | € 180,440 | € 190,600 | ▲ 6% |
| Profit after taxes | € -6,361 | € 38,615 | € 80,656 | € 85,057 | ▲ 5% |
| Equity | € 158,412 | € 197,028 | € 277,684 | € 362,741 | ▲ 31% |
| Total debts | € 1,107,039 | € 1,070,766 | € 975,742 | € 896,284 | ▼ 8% |
| Cash | € 5,817 | € 19,471 | € 13,290 | € 56,569 | ▲ € 43,279 |
| Land & buildings | € 1,160,534 | € 1,238,623 | € 1,208,587 | € 1,117,529 | ▼ 8% |
| Retained profit | € 139,812 | € 178,428 | € 259,084 | € 344,141 | ▲ 33% |
| Bank debt | € 1,061,343 | € 995,902 | € 901,804 | € 851,584 | ▼ 6% |
| Balance sheet total | € 1,265,451 | € 1,267,794 | € 1,253,425 | € 1,259,025 |
Key figures of Etico, 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 Etico?
What happened at Etico in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 85,057 (▲ 5% vs 2024). Source: NBB ↗
- Erwin Tips became a director. NBB
- Sabrina Steenbergen became a director. NBB
- New establishment in Herk-de-Stad. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,361 loss in 2022 to € 85,057 profit in 2025.
Paid € 89,992 in corporate taxes since 2022.
Best year ever: 2025, with € 85,057 profit.
Management
Behind Etico are Erwin Tips and Sabrina Steenbergen. Erwin Tips is also behind NEGLECT-X, ECONSI, Classid, AARIXA and E².
Establishments
Establishment units
Physical locations of this company
Diestsesteenweg 22
3540 Herk-de-Stad
Diestsesteenweg 26
3540 Herk-de-Stad
Active since 8 March 1999
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
DUOCAST-AS, NL
Website info
Features
Security
Details
- Company number
- 0465.330.378
- VAT number
- BE 0465.330.378
- Registered office
- Diestsesteenweg 22, 3540 Herk-de-Stad
- Names & denominations
- Etico
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 February 1999
- Peppol
- Active · Active since 12 Jul 2024
- Contact
- etico.be
- Activities · NACE
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