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 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ETHYS REALISATION from Sprimont, company number BE1003619705, closed financial year 2025 with a result of € -29,498 after tax. For that financial year ETHYS REALISATION recorded a gross margin of € 5,227 and equity of € -29,543. Compared with financial year 2024, the result moved from € -10,045 to € -29,498. 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 August 27, 2026.
€ -29,543
▼ € 29,498 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,498
▼ 194 % more loss than in 2024
Profit after tax over the fiscal year.
€ 8,782
▲ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -39,543.
People and assets in 2025
€ 1,136
▼ 92% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 361,094
▼ 2% vs 2024
€ 13,798 is repaid this year. At this pace the long-term loan is gone in ≈ 26 years.
€ 11,960
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 685
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 19,285 | € 5,227 | ▼ 73% |
| Profit after taxes | € -10,045 | € -29,498 | ▼ € 19,454 |
| Equity | € -45 | € -29,543 | ▼ € 29,498 |
| Total debts | € 494,073 | € 538,811 | ▲ 9% |
| Cash | € 4,621 | € 8,782 | ▲ 90% |
| Land & buildings | € 464,137 | € 488,226 | ▲ 5% |
| Retained profit | € -10,045 | € -39,543 | ▼ € 29,498 |
| Bank debt | € 370,000 | € 361,094 | ▼ 2% |
| Balance sheet total | € 494,029 | € 509,268 | ▲ 3% |
Key figures of ETHYS REALISATION, fiscal years 2024 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 ETHYS REALISATION?
What happened at ETHYS REALISATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29,498. filed late Source: NBB ↗
- New establishment in Sprimont. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,045 loss in 2024 to € 29,498 loss in 2025.
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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 ETHYS REALISATION are Xavier Lathouwers and Sandrine Kelecom. Xavier Lathouwers is also behind FRITERIE LE 14.
Directors
According to the 2025 annual accounts
Sandrine Kelecom
Director
Establishments
Establishment units
Physical locations of this company
Rue Bayette(DLX) 18
4140 Sprimont
Rue Vieille Voie de Liège 59
4140 Sprimont
Active since 19 December 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
one.com Mail
Hosting
DIGITALOCEAN-ASN - DigitalOcean, LLC, US
Website info
Features
Security
Details
- Company number
- 1003.619.705
- VAT number
- BE 1003.619.705
- Registered office
- Rue Bayette(DLX) 18, 4140 Sprimont
- Names & denominations
- ETHYS REALISATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2023
- Peppol
- Active · Active since 6 Oct 2025
- Contact
- wood-work.be
- Activities · NACE
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