Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ETxE from Kalmthout, company number BE0887835654, closed financial year 2025 with a result of € -92,471 after tax. For that financial year ETxE recorded a gross margin of € -49,662 and equity of € 265. Compared with financial year 2024, the result moved from € 21,789 to € -92,471. The company made a loss. The buffer shrank hard: equity is 100 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 10, 2026.
€ 265
▼ € 92,472 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -92,471
▼ still € 21,789 profit in 2024
Profit after tax over the fiscal year.
€ 47,174
▲ € 46,976 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -18,335.
Debts at end 2025
€ 298,654
▲ 28% vs 2024
Loans from banks and other lenders, long and short.
€ 12,697
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,613
▼ 34% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 74,935 | € 52,930 | € 25,951 | € -49,662 | ▼ € 75,613 |
| Profit after taxes | € 48,089 | € 42,832 | € 21,789 | € -92,471 | ▼ € 114,260 |
| Equity | € 28,116 | € 70,948 | € 92,737 | € 265 | ▼ € 92,472 |
| Total debts | € 87,967 | € 233,538 | € 253,328 | € 414,539 | ▲ 64% |
| Cash | € 2,696 | € 9,237 | € 198 | € 47,174 | ▲ € 46,976 |
| Retained profit | € 9,516 | € 52,348 | € 74,137 | € -18,335 | ▼ € 92,472 |
| Bank debt | € 72,630 | € 189,267 | € 233,728 | € 298,654 | ▲ 28% |
| Balance sheet total | € 116,083 | € 304,486 | € 346,064 | € 414,804 | ▲ 20% |
Key figures of ETxE, 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 ETxE?
What happened at ETxE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 92,472 (▼ € 114,260 vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Kalmthout. KBO
In short
From € 48,089 profit in 2022 to € 92,472 loss in 2025.
Paid € 6,654 in corporate taxes since 2022.
Best year ever: 2022, with € 48,089 profit.
A new publication or filing at ETxE? We notify you, reason included.
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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 ETxE are Nicolas Segers and Joeri Bal. It owns 2% of Heem itself.
Directors
According to the 2025 annual accounts
Nicolas Segers
Director
Joeri Bal
Director
Establishments
Establishment units
Physical locations of this company
Noordeind (Dp) 97 box un.3
2920 Kalmthout
Noordeind (Dp) 97 box 3
2920 Kalmthout
Active since 6 March 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0887.835.654
- VAT number
- BE 0887.835.654
- Registered office
- Noordeind (Dp) 97 bus un.3, 2920 Kalmthout
- Names & denominations
- ETxE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 2007
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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