Financials
Financial year 2024
ETEC SYSTEMS from Balen, company number BE0886735495, closed financial year 2024 with a result of € 37,356 after tax. For that financial year ETEC SYSTEMS recorded a gross margin of € 72,484 and equity of € 77,530. Compared with financial year 2023, the result moved from € 6,933 to € 37,356. Profitable, and profit is growing. 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 August 30, 2025.
€ 77,530
▲ 93% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,356
▲ € 30,423 vs 2023
Profit after tax over the fiscal year.
€ 14,083
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 41,230.
People and assets in 2024
€ 12,385
▲ 15% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 64,356
▼ 12% vs 2023
€ 9,069 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 33,016
▼ 44% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 20,202
▲ 157% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -2,771 | € 44,964 | € 28,519 | € 72,484 | ▲ 154% |
| Profit after taxes | € -21,809 | € 23,519 | € 6,933 | € 37,356 | ▲ € 30,423 |
| Equity | € 9,721 | € 33,240 | € 40,174 | € 77,530 | ▲ 93% |
| Total debts | € 158,139 | € 176,522 | € 157,131 | € 117,574 | ▼ 25% |
| Cash | € 4,500 | - | - | € 14,083 | |
| Land & buildings | € 143,076 | € 137,070 | € 131,576 | € 126,083 | ▼ 4% |
| Retained profit | € -26,579 | € -3,060 | € 3,874 | € 41,230 | ▲ € 37,356 |
| Bank debt | € 98,329 | € 85,026 | € 73,270 | € 64,356 | ▼ 12% |
| Balance sheet total | € 167,861 | € 209,762 | € 197,305 | € 195,104 | ▼ 1% |
Key figures of ETEC SYSTEMS, fiscal years 2021 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 ETEC SYSTEMS?
What happened at ETEC SYSTEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 37,356 (▲ € 30,423 vs 2023). filed late Source: NBB ↗
- Katrien Houpelyne became a director. NBB
- New establishment in Balen. KBO
- Start of the company according to the CBE. KBO
- Mario Claes became a director. NBB
In short
From € 21,809 loss in 2021 to € 37,356 profit in 2024.
Paid € 33,188 in corporate taxes since 2021.
Best year ever: 2024, with € 37,356 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 ETEC SYSTEMS are Mario Claes and Katrien Houpelyne.
Directors
According to the 2024 annual accounts
Mario Claes
Manager
since 2007
Katrien Houpelyne
Manager
since 2015
Establishments
Establishment units
Physical locations of this company
Voetbalstraat 4
2490 Balen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0886.735.495
- VAT number
- BE 0886.735.495
- Registered office
- Voetbalstraat 4, 2490 Balen
- Names & denominations
- ETEC SYSTEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 January 2007
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
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