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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Busy address KBO
69 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ETOILE NRH from Etterbeek, company number BE0893250135, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year ETOILE NRH recorded a gross margin of € -121,684 and equity of € 32.6 million. Compared with financial year 2024, the result moved from € 1.2 million to € 1.6 million. 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 July 1, 2026.
€ 32.6 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▲ 39% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 20.7 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 500,000
▼ 47% vs 2024
€ 400,000 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 397,078
▲ € 349,801 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -106,942 | € -116,924 | € -114,848 | € -121,684 | ▼ € 6,836 |
| Profit after taxes | € 19,495 | € 1,319,274 | € 1,185,860 | € 1,643,809 | ▲ 39% |
| Equity | € 31,432,411 | € 31,251,684 | € 30,937,544 | € 32,581,354 | ▲ 5% |
| Total debts | € 2,209,958 | € 1,530,141 | € 1,257,308 | € 1,055,827 | ▼ 16% |
| Cash | € 2,040,084 | € 1,462,494 | € 1,177,492 | € 1,524,846 | ▲ 29% |
| Retained profit | € 19,567,615 | € 19,386,888 | € 19,072,748 | € 20,716,558 | ▲ 9% |
| Dividend | € 0 | € 1,500,000 | € 1,500,000 | € 0 | ▼ 100% |
| Bank debt | € 1,735,713 | € 1,335,170 | € 934,627 | € 500,000 | ▼ 47% |
| Balance sheet total | € 33,642,369 | € 32,781,825 | € 32,194,852 | € 33,637,181 | ▲ 4% |
Key figures of ETOILE NRH, 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 ETOILE NRH?
What happened at ETOILE NRH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Robert HASSENFRATZ stepped down as director. NBB
- Serge DECLERCK stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.6 million (▲ 39% vs 2024). Source: NBB ↗
- Robert HASSENFRATZ became a director. NBB
- Serge DECLERCK became a director. NBB
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,495 profit in 2022 to € 1.6 million profit in 2025.
Paid € 2.2 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.6 million profit.
Paid out € 3 million in dividends to the owners in total.
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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
It owns 100% of SCI LA MAISON BLANCHE itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Serge DECLERCK
Director
Also active at: Compagnie Financiére, Immobiliére et Commerciale, PARIFRI, OGIMA INVEST, ALPHA 8, IMMO TMA, LG INVEST BELGIUM, APC INVEST BELGIUM, INVESTCORE +2 more
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Sint-Michielslaan 125
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 69 companies are registered at this address.
All companies at this address →Compagnie Financiére, Immobiliére et Commerciale same network
€ -11,609 gross margin · 2025
FINANCIERE CONSTRUCTIONS BELGES
€ 224,022 gross margin · 2024
PARIFRI same network
€ -60,778 gross margin · 2025
FAIR INVEST
€ 41,933 gross margin · 2025
IMMO WATER WEYDE
€ 852,453 gross margin · 2025
+64 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
- 0893.250.135
- VAT number
- BE 0893.250.135
- Registered office
- Sint-Michielslaan 125, 1040 Etterbeek
- Names & denominations
- ETOILE NRH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 2007
- Peppol
- Not registered