Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ETF-Invest from Knokke-Heist, company number BE0801767356, closed financial year 2025 with a result of € -6,175 after tax. For that financial year ETF-Invest recorded a gross margin of € -6,713 and equity of € -5,805. Compared with financial year 2024, the result moved from € -9,630 to € -6,175. 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 April 27, 2026.
€ -5,805
▼ € 6,175 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,175
▲ 36 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,719
▲ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -15,805.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -1,181 | € -6,713 | ▼ € 5,532 |
| Profit after taxes | € -9,630 | € -6,175 | ▲ € 3,455 |
| Equity | € 370 | € -5,805 | ▼ € 6,175 |
| Total debts | € 191,681 | € 11,750 | ▼ 94% |
| Cash | € 2,799 | € 3,719 | ▲ 33% |
| Retained profit | € -9,630 | € -15,805 | ▼ € 6,175 |
| Bank debt | € 115,547 | € 0 | ▼ 100% |
| Balance sheet total | € 192,051 | € 5,945 | ▼ 97% |
Key figures of ETF-Invest, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to ETF-Invest?
What happened at ETF-Invest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,175. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Knokke-Heist. KBO
In short
From € 9,630 loss in 2024 to € 6,175 loss in 2025.
Establishments
Establishment units
Physical locations of this company
Kalfstraat 105
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- LEENKNECHT Els Maria Gaston(oprichter-aandeelhouder) 100%
Details
- Company number
- 0801.767.356
- VAT number
- BE 0801.767.356
- Registered office
- Kalfstraat 105, 8300 Knokke-Heist
- Names & denominations
- ETF-Invest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 May 2023
- Peppol
- Not registered