Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ETHIQO from Halle, company number BE0508856654, closed financial year 2025 with a result of € -40,923 after tax. For that financial year ETHIQO recorded a gross margin of € -35,988 and equity of € -395,524. Compared with financial year 2024, the result moved from € -155,344 to € -40,923. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 3, 2026.
€ -395,524
▼ € 40,923 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,923
▲ 74 % less loss than in 2024
Profit after tax over the fiscal year.
€ 747
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -401,724.
People and assets in 2025
€ 761
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 144
Loans from banks and other lenders, long and short.
€ 118,374
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,360
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 121,122 | - | |
| Gross margin | € 24,156 | € 63,663 | € -148,145 | € -35,988 | ▲ € 112,157 |
| Profit after taxes | € 21,413 | € 57,595 | € -155,344 | € -40,923 | ▲ € 114,421 |
| Equity | € -256,852 | € -199,257 | € -354,601 | € -395,524 | ▼ € 40,923 |
| Total debts | € 352,187 | € 349,153 | € 462,096 | € 542,855 | ▲ 17% |
| Cash | € 47,406 | € 26,183 | € 25,670 | € 747 | ▼ 97% |
| Retained profit | € -263,052 | € -205,457 | € -360,801 | € -401,724 | ▼ € 40,923 |
| Bank debt | € 0 | € 0 | € 0 | € 144 | |
| Balance sheet total | € 95,335 | € 149,896 | € 107,494 | € 147,331 | ▲ 37% |
Key figures of ETHIQO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ETHIQO?
What happened at ETHIQO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 40,923. filed late Source: NBB ↗
- Dimitri Gaëtan B Oosterlynck became a director. NBB
- Sylvie Emma Schollier became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 21,413 profit in 2022 to € 40,923 loss in 2025.
Paid € 1,855 in corporate taxes since 2022.
Best year ever: 2023, with € 57,595 profit.
Management
Behind ETHIQO are Dimitri Gaëtan B Oosterlynck and Sylvie Emma Schollier. The same people are also behind MAGICWORLDS. Dimitri Gaëtan B Oosterlynck is also behind IMMO CHOUETTE and Mataluu.
Directors
According to the 2025 annual accounts
since 2023
since 2022
Establishments
Establishment units
Physical locations of this company
Nachtegaalstraat 198
1501 Halle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →IMMO CHOUETTE same network
€ 17,815 gross margin · 2025
GIMBER
€ 19.5 million revenue · 2025
GIMBER INVEST
€ -4,829 gross margin · 2025
Gimber Partnership
MAGICWORLDS same network
€ 34,244 gross margin · 2025
+2 more
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
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0508.856.654
- VAT number
- BE 0508.856.654
- Registered office
- Nachtegaalstraat 198, 1501 Halle
- Names & denominations
- ETHIQO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2012
- Peppol
- Active · Active since 17 Nov 2025
- Contact
- mamuli.be
- Activities · NACE
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