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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Annual account missing NBB
Fiscal year 2024 was expected before 30 April 2025 and has not been filed.
Financials
Financial year 2023
ETHITEC from Sivry-Rance, company number BE0675635286, closed financial year 2023 with a result of € -18,725 after tax. For that financial year ETHITEC recorded a gross margin of € 234,598 and equity of € 10,401. Compared with financial year 2022, the result moved from € 10,434 to € -18,725. The company made a loss. The buffer shrank hard: equity is 64 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 15, 2024.
€ 10,401
▼ 64% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,725
▼ still € 10,434 profit in 2022
Profit after tax over the fiscal year.
€ 34,077
▲ € 28,253 vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 9,401.
People and assets in 2023
€ 211,991
▼ 20% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 25,034
▼ 21% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 2,703
▼ 70% vs 2022
Loans from banks and other lenders, long and short.
€ 23,248
▲ 24% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 51,251
▼ 18% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 268,961 | € 311,675 | € 234,598 | ▼ 25% |
| Profit after taxes | € 12,129 | € 10,434 | € -18,725 | ▼ € 29,159 |
| Equity | € 18,692 | € 29,126 | € 10,401 | ▼ 64% |
| Total debts | € 50,377 | € 97,131 | € 84,499 | ▼ 13% |
| Cash | € 168 | € 5,824 | € 34,077 | ▲ € 28,253 |
| Retained profit | € 17,692 | € 28,126 | € 9,401 | ▼ 67% |
| Bank debt | € 34,919 | € 9,013 | € 2,703 | ▼ 70% |
| Balance sheet total | € 69,069 | € 126,257 | € 94,900 | ▼ 25% |
Key figures of ETHITEC, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 April 2025.
What happened to ETHITEC?
What happened at ETHITEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 18,725 (▼ € 29,159 vs 2022). Source: NBB ↗
- New establishment in Quévy. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,129 profit in 2021 to € 18,725 loss in 2023.
Paid € 8,066 in corporate taxes since 2021.
Best year ever: 2021, with € 12,129 profit.
Establishments
Establishment units
Physical locations of this company
Rue de Bailièvre 1
6470 Sivry-Rance
Rue de Goegnies(AUL) 14
7040 Quévy
Active since 11 May 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0675.635.286
- VAT number
- BE 0675.635.286
- Registered office
- Rue de Bailièvre 1, 6470 Sivry-Rance
- Names & denominations
- ETHITEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 May 2017
- Peppol
- Active · Active since 22 Jan 2026
- Activities · NACE
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