E-TEAM
ActiveSummary
E-TEAM has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153k and a net result of €97. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 25% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability54▼-18
Solvency52▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 1.61 in 2024; short-term debt: 20.7% and cash: 17.1% of total assets), but 73.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.8%
Return on assets
0%
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 10-06-2026, 51 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
51 d early
2024
11 d late
2023
14 d late
2022
21 d late
2021
3 d early
2020
26 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€153k▲ 0.1%
2024 · €153k
2020: €37klowest in 6 years
2021: €73k▲ +95.3% vs 2020
2022: €117k▲ +60.1% vs 2021
2023: €137k▲ +17.7% vs 2022
2024: €153k▲ +11.3% vs 2023
2025: €153k▲ +0.1% vs 2024highest in 6 years
2020 → 2025
Total assets
€571k▼ 10.3%
2024 · €636k
2020: €152klowest in 6 years
2021: €179k▲ +18.1% vs 2020
2022: €576k▲ +221% vs 2021
2023: €595k▲ +3.2% vs 2022
2024: €636k▲ +6.9% vs 2023highest in 6 years
2025: €571k▼ -10.3% vs 2024
2020 → 2025
Net result
€97▼ 99.4%
2024 · €16k
2020: €31k
2021: €36k▲ +14.2% vs 2020
2022: €44k▲ +23.3% vs 2021highest in 6 years
2023: €21k▼ -52.8% vs 2022
2024: €16k▼ -25.0% vs 2023
2025: €97▼ -99.4% vs 2024lowest in 6 years
2020 → 2025
Working capital
€101k▲ 1.0%
2024 · €100k
2020: €33klowest in 6 years
2021: €69k▲ +111% vs 2020
2022: €59k▼ -13.9% vs 2021
2023: €81k▲ +36.0% vs 2022
2024: €100k▲ +23.6% vs 2023
2025: €101k▲ +1.0% vs 2024highest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€73k-€117k▲ 60.1%€137k▲ 17.7%€153k▲ 11.3%€153k▲ 0.1%
2021: €73klowest in 5 years
2022: €117k▲ +60.1% vs 2021
2023: €137k▲ +17.7% vs 2022
2024: €153k▲ +11.3% vs 2023
2025: €153k▲ +0.1% vs 2024highest in 5 years
Operating result€45k-€52k▲ 15.4%€33k▼ 37.5%€29k▼ 11.9%€7k▼ 76.4%
2021: €45k
2022: €52k▲ +15.4% vs 2021highest in 5 years
2023: €33k▼ -37.5% vs 2022
2024: €29k▼ -11.9% vs 2023
2025: €7k▼ -76.4% vs 2024lowest in 5 years
Net result€36k-€44k▲ 23.3%€21k▼ 52.8%€16k▼ 25.0%€97▼ 99.4%
2021: €36k
2022: €44k▲ +23.3% vs 2021highest in 5 years
2023: €21k▼ -52.8% vs 2022
2024: €16k▼ -25.0% vs 2023
2025: €97▼ -99.4% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 76% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €571k
Fixed assets
€351k ▼ 5.3%
Current assets
€219k ▼ 17.3%
Equity and liabilities €571k
Equity
€153k ▲ 0.1%
Debt
€418k ▼ 13.6%
Debt's share of the balance-sheet total falls from 76.0% to 73.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▼
2024 · €49k
Cash flow
€20k▼
2024 · €35k
Current ratio
1.85▲
2024 · 1.61
Debt to equity
2.73▼
2024 · 3.16
ROE
0.1%▼
2024 · 10.1%
ROA
0.0%▼
2024 · 2.4%
Interest coverage
4.17▼
2024 · 6.49
Debt ≤ 1 year
€118k▼
2024 · €165k
Debt > 1 year
€299k▼
2024 · €316k
Income taxes
€2k▼
2024 · €6k
Staff costs
€89k▲
2024 · €70k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€636k€571k▼
Fixed assets21/28€371k€351k▼
Tangible fixed assets22/27€371k€351k▼
Land and buildings22€347k€337k▼
Plant, machinery and equipment23€24k€14k▼
Current assets29/58€265k€219k▼
Amounts receivable within one year40/41€99k€115k▲
Trade receivables40€99k€115k▲
Cash at bank and in hand54/58€162k€97k▼
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€636k€571k▼
Equity10/15€153k€153k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€147k€147k▲
Amounts payable17/49€483k€418k▼
Amounts payable after more than one year17€316k€299k▼
Financial debts170/4€316k€299k▼
Amounts payable within one year42/48€165k€118k▼
Current portion of amounts payable after more than one year42€16k€17k▲
Trade debts44€138k€86k▼
Suppliers440/4€138k€86k▼
Advances received on contracts in progress46€127€18▼
Taxes, remuneration and social security45€11k€16k▲
Taxes450/3€750€0▼
Remuneration and social security454/9€10k€16k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Remuneration, social security and pensions62€70k€89k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▼
Other operating charges640/8€466€489▲
Gross operating margin9900€119k€116k▼
Operating profit (loss)9901€29k€7k▼
Financial income75/76B€63€2k▲
Recurring financial income75€63€2k▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€21k€2k▼
Income taxes67/77€6k€2k▼
Profit (loss) for the period9904€16k€97▼
Profit (loss) for the period to be appropriated9905€16k€97▼
Appropriation of the result
Profit (loss) to be appropriated9906€147k€147k▲
Profit (loss) brought forward from the previous period14P€131k€147k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €75k | €67k | €143k | €70k | €89k | ▲ 28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €60k | €20k | €20k | €20k | ▼ 0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €200 | - | - | - | - |
| Other operating charges640/8 | €4k | €4k | €738 | €466 | €489 | ▲ 4.9% |
| Non-recurring operating charges66A | - | €17k | - | - | - | - |
| Gross operating margin9900 | €137k | €201k | €197k | €119k | €116k | ▼ 1.9% |
| Operating profit (loss)9901 | €45k | €52k | €33k | €29k | €7k | ▼ 76.4% |
| Financial income75/76B | €3k | €45 | €28 | €63 | €2k | ▲ 3,023% |
| Recurring financial income75 | €3k | €45 | €28 | €63 | €2k | ▲ 3,023% |
| Financial charges65/66B | €880 | €6k | €7k | €7k | €6k | ▼ 14.9% |
| Recurring financial charges65 | €880 | €6k | €7k | €7k | €6k | ▼ 14.9% |
| Profit (loss) for the period before taxes9903 | €47k | €46k | €25k | €21k | €2k | ▼ 88.8% |
| Income taxes67/77 | €12k | €3k | €5k | €6k | €2k | ▼ 60.5% |
| Profit (loss) for the period9904 | €36k | €44k | €21k | €16k | €97 | ▼ 99.4% |
| Profit (loss) for the period to be appropriated9905 | €36k | €44k | €21k | €16k | €97 | ▼ 99.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €179k | €576k | €595k | €636k | €571k | ▼ 10.3% |
| Fixed assets21/28 | €19k | €411k | €391k | €371k | €351k | ▼ 5.3% |
| Tangible fixed assets22/27 | €19k | €411k | €391k | €371k | €351k | ▼ 5.3% |
| Land and buildings22 | - | €368k | €358k | €347k | €337k | ▼ 2.9% |
| Plant, machinery and equipment23 | - | €43k | €33k | €24k | €14k | ▼ 40.3% |
| Furniture and vehicles24 | €2k | €595 | €67 | - | - | - |
| Other tangible fixed assets26 | €17k | €0 | - | - | - | - |
| Current assets29/58 | €160k | €165k | €204k | €265k | €219k | ▼ 17.3% |
| Amounts receivable within one year40/41 | €58k | €64k | €61k | €99k | €115k | ▲ 16.7% |
| Trade receivables40 | €58k | €64k | €61k | €99k | €115k | ▲ 16.7% |
| Cash at bank and in hand54/58 | €96k | €94k | €137k | €162k | €97k | ▼ 39.9% |
| Deferred charges and accrued income490/1 | €7k | €8k | €6k | €4k | €7k | ▲ 51.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €179k | €576k | €595k | €636k | €571k | ▼ 10.3% |
| Equity10/15 | €73k | €117k | €137k | €153k | €153k | ▲ 0.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €67k | €111k | €131k | €147k | €147k | ▲ 0.1% |
| Amounts payable17/49 | €106k | €460k | €458k | €483k | €418k | ▼ 13.6% |
| Amounts payable after more than one year17 | €16k | €354k | €332k | €316k | €299k | ▼ 5.3% |
| Financial debts170/4 | €16k | €354k | €332k | €316k | €299k | ▼ 5.3% |
| Amounts payable within one year42/48 | €91k | €106k | €123k | €165k | €118k | ▼ 28.3% |
| Current portion of amounts payable after more than one year42 | €10k | €26k | €21k | €16k | €17k | ▲ 1.8% |
| Trade debts44 | €54k | €51k | €85k | €138k | €86k | ▼ 37.8% |
| Suppliers440/4 | €54k | €51k | €85k | €138k | €86k | ▼ 37.8% |
| Advances received on contracts in progress46 | €135 | €2k | €127 | €127 | €18 | ▼ 85.9% |
| Taxes, remuneration and social security45 | €26k | €26k | €17k | €11k | €16k | ▲ 45.0% |
| Taxes450/3 | €12k | €16k | €6k | €750 | €0 | ▼ 99.9% |
| Remuneration and social security454/9 | €14k | €10k | €11k | €10k | €16k | ▲ 55.6% |
| Accrued charges and deferred income492/3 | - | - | €2k | €2k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36k | €44k | €21k | €16k | €97 | ▼ 99.4% |
| + Depreciation and write-downs630 | €12k | €60k | €20k | €20k | €20k | ▼ 0.3% |
| Operating cash flow (approximation) | €48k | €104k | €41k | €35k | €20k | ▼ 43.8% |
| Investment in fixed assets (approximation) | - | €-452k | €0 | €0 | €0 | - |
| Change in cash | - | €-2k | €44k | €25k | €-65k | ▼ 361% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
State Gazette act
Incorporation · Founder
Founding capital · Bank account
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
25-03
State Gazette act
Incorporation · Founder
Founding capital · Bank account
2025
31-12
Financial
Weakest financial yearnet €97 ▼99.4%
Net result drops to €97, the lowest in the series.
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Equity above €150kEq €153k ▲11.3%
5 profitable years in a row build equity to €153k.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-12
Financial
Highest result since 2020net €44k ▲23.3%
Operating result €52k, net result €44k, both a record.
31-12
Financial
Equity above €100kEq €117k ▲60.1%
3 profitable years in a row build equity to €117k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Ukkel · 1 establishment unit since 2021
Ground area
2.7 ha
Building footprint
727 m²
Volume, LiDAR
16,430 m³
Parcel 21612C0286/00W014, Brussels · tallest building 25.7 m, ±8 floors. Linked by address, not a title deed.
39
companies at this address
See who is registered here
1 establishment unit
E-Team
since 20212.330.703.924
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0286/00W014 | Brussels | 2.7 ha | 1 · 727 m² | 25.7 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 6,512 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Contact
E-mail
info@etateam.beUkkel
Phone
024257311Ukkel
Scores and ratios are computed by Checked and are not a credit decision.