Financials
Financial year 2025
E.T.I. BALCAEN from Diksmuide, company number BE0477785970, closed financial year 2025 with a result of € -5,729 after tax. For that financial year E.T.I. BALCAEN recorded a gross margin of € 44,917 and equity of € 15,255. Compared with financial year 2024, the result moved from € 4,758 to € -5,729. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 15,255
▲ € 94,271 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,729
▼ still € 4,758 profit in 2024
Profit after tax over the fiscal year.
€ 16,043
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -90,945.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 173
▼ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 311,553
▼ 1% vs 2024
€ 2,175 is repaid this year. At this pace the long-term loan is gone in ≈ 143 years.
€ 3,518
▲ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,669
▲ 25% 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 | € 16,861 | € 425 | € 54,435 | € 44,917 | ▼ 17% |
| Profit after taxes | € -8,088 | € -24,595 | € 4,758 | € -5,729 | ▼ € 10,487 |
| Equity | € -59,178 | € -83,773 | € -79,015 | € 15,255 | ▲ € 94,271 |
| Total debts | € 265,550 | € 319,272 | € 321,046 | € 321,741 | |
| Cash | - | € 5,482 | € 22,480 | € 16,043 | ▼ 29% |
| Land & buildings | € 186,073 | € 208,712 | € 192,287 | € 275,862 | ▲ 43% |
| Retained profit | € -65,378 | € -89,973 | € -85,215 | € -90,945 | ▼ € 5,730 |
| Bank debt | € 244,620 | € 315,845 | € 313,719 | € 311,553 | ▼ 1% |
| Balance sheet total | € 206,372 | € 235,499 | € 242,031 | € 336,996 | ▲ 39% |
Key figures of E.T.I. BALCAEN, 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.I. BALCAEN?
What happened at E.T.I. BALCAEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,730 (▼ € 10,487 vs 2024). Source: NBB ↗
- New establishment in Diksmuide. KBO
- Start of the company according to the CBE. KBO
- Filip Balcaen became a director. NBB
In short
From € 8,088 loss in 2022 to € 5,730 loss in 2025.
Best year ever: 2024, with € 4,758 profit.
Management
Behind E.T.I. BALCAEN is Filip Balcaen.
Directors
According to the 2025 annual accounts
Filip Balcaen
Director
since 2002
Establishments
Establishment units
Physical locations of this company
Hoppestraat(D) 16
8600 Diksmuide
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.785.970
- VAT number
- BE 0477.785.970
- Registered office
- Hoppestraat(D) 16, 8600 Diksmuide
- Names & denominations
- E.T.I. BALCAEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2002
- Peppol
- Active · Active since 18 Mar 2025
- Activities · NACE
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