Financials
Financial year 2024
Ethics & Compliance from Brussel, company number BE0794939051, closed financial year 2024 with a result of € -20,227 after tax. For that financial year Ethics & Compliance recorded a gross margin of € -11,495 and equity of € 54,651. Compared with financial year 2023, the result moved from € 72,379 to € -20,227. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2025.
€ 54,651
▼ 27% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,227
▼ still € 72,379 profit in 2023
Profit after tax over the fiscal year.
€ 1,598
▼ 97% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 52,151.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,145
▼ 49% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 15,070
▼ 26% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,331
▼ 86% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 95,359 | € -11,495 | ▼ € 106,854 |
| Profit after taxes | € 72,379 | € -20,227 | ▼ € 92,606 |
| Equity | € 74,879 | € 54,651 | ▼ 27% |
| Total debts | € 63,210 | € 16,788 | ▼ 73% |
| Cash | € 60,640 | € 1,598 | ▼ 97% |
| Retained profit | € 72,379 | € 52,151 | ▼ 28% |
| Bank debt | € 25,847 | € 0 | ▼ 100% |
| Balance sheet total | € 138,089 | € 71,439 | ▼ 48% |
Key figures of Ethics & Compliance, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Ethics & Compliance?
What happened at Ethics & Compliance in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 20,227 (▼ € 92,606 vs 2023). filed late Source: NBB ↗
- New establishment in Ukkel. KBO
- Michaël FERNANDEZ-BERTIER became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 72,379 profit in 2023 to € 20,227 loss in 2024.
Paid € 19,812 in corporate taxes since 2023.
Best year ever: 2023, with € 72,379 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Ethics & Compliance is Michaël FERNANDEZ-BERTIER. Michaël FERNANDEZ-BERTIER is also behind MFB Esq.
Directors
According to the 2024 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Louizalaan 65 box box 11
1050 Brussel
Boetendaellaan 90 box 7
1180 Ukkel
Active since 19 December 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0794.939.051
- VAT number
- BE 0794.939.051
- Registered office
- Louizalaan 65 bus box 11, 1050 Brussel
- Names & denominations
- Ethics & Compliance · E&C
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2022
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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