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E.T.C.

Active
Private limited companyfounded 199332 yrs activeKlein Frankrijkstraat 36, 9600 Ronse, BelgiumKBO/BCE: BE 0451.142.050

E.T.C. has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €412k and a net result of €18k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 61% of 11206 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
86 / 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▼-33
Solvency97=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.55 against 2.3 in 2024), and 44.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 32 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
55.6%
Return on assets
2.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
8 d early
2023
13 d early
2022
26 d early
2021
24 d early
2020
23 d early
2019
11 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€412k▲ 4.7%
2024 · €393k
2018: €171k 2019: €191k 2020: €216k 2021: €249k 2022: €284k 2023: €350k 2024: €393k
2018 → 2025
Total assets
€741k▲ 1.0%
2024 · €734k
2018: €773k 2019: €729k 2020: €732k 2021: €820k 2022: €762k 2023: €761k 2024: €734k
2018 → 2025
Net result
€18k▼ 57.4%
2024 · €43k
2018: €-4k 2019: €20k 2020: €25k 2021: €33k 2022: €35k 2023: €66k 2024: €43k
2018 → 2025
Working capital
€111k▲ 18.3%
2024 · €93k
2018: €15k 2019: €14k 2020: €24k 2021: €12k 2022: €9k 2023: €56k 2024: €93k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€249k-€284k▲ 14.0%€350k▲ 23.4%€393k▲ 12.4%€412k▲ 4.7%
Operating result€59k-€54k▼ 8.2%€96k▲ 76.4%€64k▼ 33.7%€29k▼ 54.3%
Net result€33k-€35k▲ 6.3%€66k▲ 90.3%€43k▼ 34.5%€18k▼ 57.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2021: €59k€59kNet result 2021: €33k€33kOperating result 2022: €54k€54kNet result 2022: €35k€35kOperating result 2023: €96k€96kNet result 2023: €66k€66kOperating result 2024: €64k€64kNet result 2024: €43k€43kOperating result 2025: €29k€29kNet result 2025: €18k€18k20212022202320242025
The operating result has fallen two years in a row; 2025 is 54% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €741k
Fixed assets €559k▼ 1.6%
Current assets €182k▲ 9.8%
Equity and liabilities €741k
Equity €412k▲ 4.7%
Debt €329k▼ 3.3%
The debt ratio falls from 46.4% to 44.4%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€88k
2024 · €126k
Cash flow
€77k
2024 · €106k
Solvency
55.6%
2024 · 53.6%
Current ratio
2.55
2024 · 2.30
Quick ratio
2.34
2024 · 1.82
Debt / equity
0.80
2024 · 0.87
ROE
4.5%
2024 · 11.0%
ROA
2.5%
2024 · 5.9%
Interest coverage
20.19
2024 · 23.79
Debt
€329k
2024 · €340k
Debt ≤ 1 year
€71k
2024 · €72k
Debt > 1 year
€257k
2024 · €268k
Income taxes
€8k
2024 · €17k
Staff costs
€2k
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€734k€741k
Fixed assets21/28€568k€559k
Tangible fixed assets22/27€568k€559k
Land and buildings22€473k€449k
Plant, machinery and equipment23€55k€44k
Furniture and vehicles24€39k€66k
Financial fixed assets28€270€270=
Current assets29/58€166k€182k
Stocks and contracts in progress3€35k€15k
Stocks30/36€35k€15k
Amounts receivable within one year40/41€12k€17k
Trade receivables40€2k€6k
Other amounts receivable41€11k€11k
Current investments50/53€70k€120k
Cash at bank and in hand54/58€45k€25k
Deferred charges and accrued income490/1€4k€5k
Equity and liabilities
Total equity and liabilities10/49€734k€741k
Equity10/15€393k€412k
Contributions10/11€19k€19k=
Reserves13€375k€393k
Distributable reserves133€375k€393k
Amounts payable17/49€340k€329k
Amounts payable after more than one year17€268k€257k
Financial debts170/4€268k€257k
Amounts payable within one year42/48€72k€71k
Current portion of amounts payable after more than one year42€47k€42k
Trade debts44€9k€6k
Suppliers440/4€9k€6k
Taxes, remuneration and social security45€39€68
Remuneration and social security454/9€39€68
Other amounts payable47/48€16k€23k
Accrued charges and deferred income492/3-€638
Income statement Code20242025
Non-recurring operating income76A€29k€14k
Remuneration, social security and pensions62€1k€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€59k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k-
Other operating charges640/8€9k€11k
Gross operating margin9900€137k€100k
Operating profit (loss)9901€64k€29k
Financial income75/76B€2k€2k
Recurring financial income75€2k€2k
Financial charges65/66B€5k€4k
Recurring financial charges65€5k€4k
Profit (loss) for the period before taxes9903€60k€27k
Income taxes67/77€17k€8k
Profit (loss) for the period9904€43k€18k
Profit (loss) for the period to be appropriated9905€43k€18k
Appropriation of the result
Profit (loss) to be appropriated9906€43k€18k
Transfer to equity691/2€43k€18k
To other reserves6921€43k€18k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
23-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €66k ▲90.3%
Operating result €96k, net result €66k, both a record.
05-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
08-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €200kEq €216k ▲13.3%
2 profitable years in a row build equity to €216k.
20-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €20k
Net result €20k after one loss-making year.
04-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
04-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
16-05
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ronse · 1 establishment unit since 1998
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Klein Frankrijkstraat 369600 Ronse
Ground area
2.0 ha
Building footprint
1.3 ha
Volume, LiDAR
74,355 m³
Parcel 45422C1140/00H000, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EURO TRANS CLEAN
Klein Frankrijkstraat 36, 9600 RonseNACE 4544103
since 19982.064.215.824
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45422C1140/00H000 Flanders 2.0 ha 1 · 1.3 ha 10.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 2 entries · 3,146 EUR awarded · 3,146 EUR paid
Year Entries awardedpaid
2025 1 146 EUR146 EUR
2022 1 3,000 EUR3,000 EUR
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
1 entry · 3,000 EUR · 3,000 EUR paid · Departement Mobiliteit en Openbare Werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 146 EUR · 146 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Ronse/Renaix
1 permission
Boerderij - schapen en geiten · since 15-12-2017

Similar companies · same sector, comparable size

Of 4,675 companies in sector 01610 we hold annual accounts for 1,368. 1,086 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded22-10-1993
Fiscal year end31-12
Activities, NACEBEL
01610Support activities for crop production
46442Wholesale trade
51442
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.