E-THAN SOLUTIONS

Active

Private limited companyfounded 20233 yrs activeAvenue des Dessus de Lives(LO) 2, 5101 Namur, BelgiumKBO/BCE: BE 0799.671.364

Summary

The computed 12-month bankruptcy probability of E-THAN SOLUTIONS is 4.2% (elevated). The 2023 annual accounts show equity of €11,422 and a net result of €10,422. Its solvency ranks better than 74% of 8571 sector peers (fiscal year 2023). The company has been active since 2023 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 3 administrative register entries (see administrative flags).

Risk analysis Watch Report Compare

E-THAN SOLUTIONSActive

Risk analysis Report Compare

Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: Elevated

Axes, FY 2023

Profitability100

Solvency98

Growth-

Track record55

Bankruptcy probability, 12 months

4.2% Elevated

0%0.5%1.5%4%10%≥ 25%

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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Recent warning signals

The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.

Belgian State Gazette

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 82

Relative position

BE, all sectors

reference

Office administrative, office support and other business support activities (NACE 82)

about 37% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2023

Solvency, return and age of the figures

Solvency

73.3%

Return on assets

66.9%

Age of the figures

33 mo

Ex-officio strike-off

The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.

KBO publications

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 05-09-2024, 36 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 1 filing

Deviation from the deadline

2023

36 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 36 days after the deadline; the sector median for financial year 2023 is 5 days before the deadline, and 37% of the sector filed late.

Administrative warnings in the KBO publications

3 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.

KBO publications

Publications

UBO non-complianceAddress struckAddress strikeout stopped

History

On 17 March 2023, E-THAN SOLUTIONS was incorporated as a Private limited company.¹ The company has filed annual accounts once, for fiscal year 2023.²

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Financials · fiscal year 2023, micro schema

Turnover

€71,209

EBIT margin

21.9%

Net result

€10,422

Working capital

€11,422

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Equity and liabilities €15,573

73.3%

26.7%

Equity €11,422

Debt €4,151

Debt finances 26.7% of the balance-sheet total.

Key figures and ratios

2023 value

Current ratio

3.75

Quick ratio

2.69

Debt to equity

0.36

ROE

91.2%

ROA

66.9%

Debt ≤ 1 year

€4,151

Income taxes

€5,151

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2023 · 32 lines

Balance sheet Code2023

Assets

Total assets20/58€15,573

Current assets29/58€15,573

Stocks and contracts in progress3€4,420

Stocks30/36€4,420

Amounts receivable within one year40/41€7,918

Trade receivables40€738

Other amounts receivable41€7,180

Cash at bank and in hand54/58€3,235

Equity and liabilities

Total equity and liabilities10/49€15,573

Equity10/15€11,422

Contributions10/11€1,000

Profit (loss) carried forward14€10,422

Amounts payable17/49€4,151

Amounts payable within one year42/48€4,151

Trade debts44€93

Suppliers440/4€93

Taxes, remuneration and social security45€4,059

Taxes450/3€4,059

Remuneration and social security454/9€0

Income statement Code2023

Turnover70€71,209

Goods, raw materials, services and sundry goods60/61€55,630

Gross operating margin9900€15,623

Operating profit (loss)9901€15,623

Financial income75/76B€9

Recurring financial income75€9

Financial charges65/66B€59

Recurring financial charges65€59

Profit (loss) for the period before taxes9903€15,573

Income taxes67/77€5,151

Profit (loss) for the period9904€10,422

Profit (loss) for the period to be appropriated9905€10,422

Appropriation of the result

Profit (loss) to be appropriated9906€10,422

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2023
Turnover70	€71,209
Goods, raw materials, services and sundry goods60/61	€55,630
Gross operating margin9900	€15,623
Operating profit (loss)9901	€15,623
Financial income75/76B	€9
Recurring financial income75	€9
Financial charges65/66B	€59
Recurring financial charges65	€59
Profit (loss) for the period before taxes9903	€15,573
Income taxes67/77	€5,151
Profit (loss) for the period9904	€10,422
Profit (loss) for the period to be appropriated9905	€10,422

Line	2023
Assets
Total assets20/58	€15,573
Current assets29/58	€15,573
Stocks and contracts in progress3	€4,420
Stocks30/36	€4,420
Amounts receivable within one year40/41	€7,918
Trade receivables40	€738
Other amounts receivable41	€7,180
Cash at bank and in hand54/58	€3,235
Equity and liabilities
Total equity and liabilities10/49	€15,573
Equity10/15	€11,422
Contributions10/11	€1,000
Profit (loss) carried forward14	€10,422
Amounts payable17/49	€4,151
Amounts payable within one year42/48	€4,151
Trade debts44	€93
Suppliers440/4	€93
Taxes, remuneration and social security45	€4,059
Taxes450/3	€4,059
Remuneration and social security454/9	€0

Line	2023
Profit (loss) for the period9904	€10,422
Operating cash flow (approximation)	€10,422

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 4Signals 3Filings 1

2025

12-05

KBO administration Address strikeout stopped

event 29-04-2025

04-04

KBO administration Address struck

2024

05-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 36 days late

03-05

KBO administration UBO non-compliance

event 22-04-2024

SignalNBB filing

0 of 1 act read

About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

1 act for this company is 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, Namur · 1 establishment unit since 2023

seat establishment The establishment unit on the map

Ground area

2,634 m²

Building footprint

1,021 m²

Volume, LiDAR

15,069 m³

Parcel 92078A0002/02G002, Wallonia · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

ETS Solutions

Avenue des Dessus de Lives(LO) 2, 5101 NamurManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20232.342.989.468

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
92078A0002/02G002	Wallonia	2,634 m²	1 · 1,021 m²	18.2 m · 5 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Namur2.342.989.468

1 permission

Toelating · Ambulante eetgelegenheid · since 16-08-2024

Similar companies · same sector, comparable size

TEF

BE 0454.680.768

Scherpenheuvel-Zichem · Eq €12,153

Sint-Lambrechts-Woluwe · Eq €8,736

Packland

BE 0783.651.518

Hamont-Achel · Eq €15,236

Of 303 companies in sector 82920 we hold annual accounts for 197. 66 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

Founded17-03-2023

Fiscal year end31-12

Abbreviation FR E.T.S.

Activities, NACEBEL 2025

82920Office administrative, office support and other business support activities

16240Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

46190Agents in non-specialised wholesale trade

70200Business and other management consultancy

73300Public relations and communication consultancy

82990Other business support services

Contact

Website www.ets-solution.word

E-mail info@ets-solution.word

Phone +32472682118

Website www.ets-solution.beNamur

E-mail info@ets-solution.beNamur

E-invoicing

Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.