Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 586 to 524.4.
Financials
Financial year 2025
ETERNIT from Kapelle-op-den-Bos, company number BE0466059066, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year ETERNIT recorded revenue of € 163.6 million and equity of € 171.2 million. Compared with financial year 2024, the result moved from € 4.4 million to € 1.5 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 29, 2026.
€ 171.2 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▼ 65% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 149.2 million.
People and assets in 2025
524.4
▼ 22.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 47.5 million
▲ 1% vs 2024
€ 90,700 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.
€ 257,758
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 122.4 million
▲ 5% vs 2024
Loans from banks and other lenders, long and short.
€ 28 million
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 88 days on average.
€ 7.6 million
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 173,084,986 | € 159,122,907 | € 163,191,481 | € 163,639,200 | |
| Profit after taxes | € 6,111,367 | € 6,145,149 | € 4,385,290 | € 1,529,971 | ▼ 65% |
| Equity | € 159,146,621 | € 165,291,770 | € 169,677,060 | € 171,207,031 | ▲ 1% |
| Total debts | € 140,179,885 | € 145,596,898 | € 153,792,584 | € 159,965,994 | ▲ 4% |
| Land & buildings | € 24,485,638 | € 26,139,397 | € 31,794,225 | € 30,785,301 | ▼ 3% |
| Retained profit | € 137,146,621 | € 143,291,770 | € 147,677,060 | € 149,207,031 | ▲ 1% |
| Bank debt | € 109,361,435 | € 115,578,368 | € 116,562,675 | € 122,373,190 | ▲ 5% |
| Balance sheet total | € 311,487,419 | € 323,846,457 | € 335,716,249 | € 346,463,596 | ▲ 3% |
| Employees (FTE) | 615 | 586 | 547 | 524.4 | ▼ 22.6 |
Key figures of ETERNIT, 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 ETERNIT?
What happened at ETERNIT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Damien Lombart stepped down as director. NBB
- Yves Van den Kerkhof stepped down as director. NBB
- Baudouin Huberland stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.5 million (▼ 65% vs 2024). Source: NBB ↗
- Laurent Maroy stepped down as director. NBB
- Damien Lombart became a director. NBB
- Yves Van den Kerkhof became a director. NBB
- Baudouin Huberland became a director. NBB
In short
From € 6.1 million profit in 2022 to € 1.5 million profit in 2025.
Paid € 735,009 in corporate taxes since 2022.
Best year ever: 2023, with € 6.1 million profit.
Pays suppliers within 88 days on average.
Management
The shares are held by Etermat SAS (100%) and Merilux SARL (0%). It owns 100% of COMPTOIR DU BATIMENT NV, 100% of ETEX ITALIA S.r.l., 25.9% of Etex BP international and 5.3% of ETEX NV itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2025
Damien Lombart
Director
since 2025 · until 2031
since 2024 · until 2030
Yves Van den Kerkhof
Director
since 2025 · until 2031
Shareholders
Etermat SAS
100%
Merilux SARL
0%
Participations
Establishments
Establishment units
Physical locations of this company
Kuiermansstraat 1
1880 Kapelle-op-den-Bos
Luchthaven Brussel Nationaal 1K
1930 Zaventem
Active since 16 August 1999
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 same network
€ 20.4 million revenue · 2025
ETEX SERVICES
€ 93.1 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
- 0466.059.066
- VAT number
- BE 0466.059.066
- Registered office
- Kuiermansstraat 1, 1880 Kapelle-op-den-Bos
- Names & denominations
- ETERNIT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 May 1999
- Peppol
- Active · Active since 1 Oct 2025
- Activities · NACE
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