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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ETIQ DÉVELOPPEMENT from Menen, company number BE0692981460, closed financial year 2025 with a result of € 4,966 after tax. For that financial year ETIQ DÉVELOPPEMENT recorded a gross margin of € -4,439 and equity of € 4.1 million. Compared with financial year 2024, the result moved from € 112,108 to € 4,966. 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 November 17, 2025.
€ 4.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,966
▼ 96% vs 2024
Profit after tax over the fiscal year.
€ 1,509
▼ 92% 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 € 1.8 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,394
▲ 122% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,860
▼ 58% 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 | € -3,931 | € -4,038 | € -4,361 | € -4,439 | ▼ € 78 |
| Profit after taxes | € 1,212 | € 9,671 | € 112,108 | € 4,966 | ▼ 96% |
| Equity | € 3,974,717 | € 3,984,389 | € 4,096,497 | € 4,101,463 | |
| Total debts | € 1,036,496 | € 1,217,980 | € 1,383,436 | € 1,575,455 | ▲ 14% |
| Cash | € 365,001 | € 162,723 | € 19,703 | € 1,509 | ▼ 92% |
| Retained profit | € 1,721,508 | € 1,731,180 | € 1,843,288 | € 1,848,254 | |
| Balance sheet total | € 5,011,213 | € 5,202,368 | € 5,479,933 | € 5,676,919 | ▲ 4% |
Key figures of ETIQ DÉVELOPPEMENT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to ETIQ DÉVELOPPEMENT?
What happened at ETIQ DÉVELOPPEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,966 (▼ 96% vs 2024). filed late Source: NBB ↗
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
- Olivier HERNOUT became a director. NBB
In short
From € 1,212 profit in 2022 to € 4,966 profit in 2025.
Paid € 10,096 in corporate taxes since 2022.
Best year ever: 2024, with € 112,108 profit.
Management
Behind ETIQ DÉVELOPPEMENT is Olivier HERNOUT. It owns 100% of ETIQ CREATION, 100% of E PROD, 99% of SCI GRIMAUD and 83% of BUISSON SCI itself.
Directors
According to the 2025 annual accounts
since 2018
Establishments
Establishment units
Physical locations of this company
Larstraat 262
8930 Menen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0692.981.460
- VAT number
- BE 0692.981.460
- Registered office
- Larstraat 262, 8930 Menen
- Names & denominations
- ETIQ DÉVELOPPEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 March 2018
- Peppol
- Not registered