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 1 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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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ETHIKOS from Brussel, company number BE0730976063, closed financial year 2025 with a result of € -39,842 after tax. For that financial year ETHIKOS recorded revenue of € 2.7 million and equity of € -30,471. Compared with financial year 2024, the result moved from € -1,284 to € -39,842. 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 March 31, 2026.
€ -30,471
▼ € 39,842 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -39,842
▼ 3003 % more loss than in 2024
Profit after tax over the fiscal year.
€ 226,646
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -31,471.
People and assets in 2025
€ 2,008
▼ 67% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 858,438
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,221,243 | - | € 3,032,943 | € 2,677,413 | ▼ 12% |
| Gross margin | € 48,951 | € -15,819 | € 3,121 | € -34,082 | ▼ € 37,203 |
| Profit after taxes | € 29,561 | € -21,090 | € -1,284 | € -39,842 | ▼ € 38,558 |
| Equity | € 31,745 | € 10,656 | € 9,372 | € -30,471 | ▼ € 39,842 |
| Total debts | € 671,788 | € 1,084,084 | € 784,851 | € 900,677 | ▲ 15% |
| Cash | € 159,823 | € 339,653 | € 235,660 | € 226,646 | ▼ 4% |
| Retained profit | € 30,745 | € 9,656 | € 8,372 | € -31,471 | ▼ € 39,842 |
| Balance sheet total | € 703,533 | € 1,094,739 | € 794,223 | € 870,207 | ▲ 10% |
Key figures of ETHIKOS, 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 ETHIKOS?
What happened at ETHIKOS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 39,842. Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,561 profit in 2022 to € 39,842 loss in 2025.
Paid € 11,345 in corporate taxes since 2022.
Best year ever: 2022, with € 29,561 profit.
Establishments
Establishment units
Physical locations of this company
Louizalaan 66
1050 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →MAHIEU PROPERTIES
€ 119,698 revenue · 2025
GREENLANE
Customspliance
GAELLE FRANKARD
€ 81,688 gross margin · 2025
ANNICK MOTTET
€ 77,880 gross margin · 2025
+6 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
- 0730.976.063
- VAT number
- BE 0730.976.063
- Registered office
- Louizalaan 66, 1050 Brussel
- Names & denominations
- ETHIKOS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 July 2019
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Activiteiten van advocaten