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EBTB

Active
Private limited companyfounded 2020active for 5 yearsForestierspad 11, 9830 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0758.451.512
Summary

EBTB has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €423,156 and a net result of €160,649. Equity is growing by about 59% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, abbreviated format

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
≈ €630,000
Estimated: probably between €380,000 and €1.1m
Total assets
€2.8m▼ 8.4%
2024 · €3.0m
Net result
€160,649▲ 10.4%
2024 · €145,461
Working capital
-€580,207▼ 20.3%
2024 · -€482,235
Trend over the years

2021 to 2025, 5 financial years

The operating result has risen four years in a row; 2025 is 4% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.3m 2025 Net result€0.2m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result-€0.04m-€0.2m€0.2m▲ 3.2%€0.3m▲ 4.4%€0.3m▲ 4.3%
Net result-€0.09m-€0.2m€0.2m▼ 8.0%€0.1m▼ 10.0%€0.2m▲ 10.4%
Equity-€0.09m-€0.09m€0.3m▲ 179%€0.4m▲ 57.7%€0.4m▲ 6.5%
Total assets€2.8m-€2.9m▲ 2.8%€2.9m▲ 2.2%€3.0m▲ 3.4%€2.8m▼ 8.4%
Debt€2.9m-€2.8m▼ 3.4%€2.7m▼ 3.5%€2.6m▼ 1.8%€2.3m▼ 10.7%
Working capital-€0.6m--€0.6m▲ 9.1%-€0.5m▲ 4.5%-€0.5m▲ 8.8%-€0.6m▼ 20.3%
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.8m
Fixed assets €2.7m ▼ 0.1%
Current assets €60,060 ▼ 80.8%
Equity and liabilities €2.8m
Equity €423,156 ▲ 6.5%
Debt €2.3m ▼ 10.7%
Debt's share of the balance-sheet total falls from 86.9% to 84.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€265,236▲
2024 · €254,393
Cash flow
€162,136▲
2024 · €146,948
Current ratio
0.09▼
2024 · 0.39
Debt to equity
5.55▼
2024 · 6.61
ROE
38.0%▲
2024 · 36.6%
ROA
5.8%▲
2024 · 4.8%
Interest coverage
5.60▲
2024 · 4.21
Debt ≤ 1 year
€640,268▼
2024 · €795,238
Debt > 1 year
€1.7m▼
2024 · €1.8m
Income taxes
€55,718▲
2024 · €47,080
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,684 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 97.3% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.3% went bankrupt
1.2% stopped otherwise
97.3% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,684 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.0m€2.8m▼
Fixed assets21/28€2.7m€2.7m▼
Tangible fixed assets22/27€2.7m€2.7m▼
Land and buildings22€2.7m€2.7m▼
Other tangible fixed assets26€0-
Current assets29/58€0.3m€0.06m▼
Cash at bank and in hand54/58€0.3m€0.06m▼
Equity and liabilities
Total equity and liabilities10/49€3.0m€2.8m▼
Equity10/15€0.4m€0.4m▲
Contributions10/11€0.002m€0.002m=
Profit (loss) carried forward14€0.4m€0.4m▲
Amounts payable17/49€2.6m€2.3m▼
Amounts payable after more than one year17€1.8m€1.7m▼
Financial debts170/4€1.8m€1.7m▼
Amounts payable within one year42/48€0.8m€0.6m▼
Current portion of amounts payable after more than one year42€0.1m€0.1m=
Trade debts44€0.002m€0.002m▼
Suppliers440/4€0.002m€0.002m▼
Taxes, remuneration and social security45€0.09m€0.06m▼
Taxes450/3€0.09m€0.06m▼
Other amounts payable47/48€0.6m€0.5m▼
Accrued charges and deferred income492/3€0.02m€0.02m▼
Income statement Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.001m€0.001m=
Other operating charges640/8€141€0.001m▲
Non-recurring operating charges66A€0.001m€0▼
Gross operating margin9900€0.3m€0.3m▲
Operating profit (loss)9901€0.3m€0.3m▲
Financial charges65/66B€0.06m€0.05m▼
Recurring financial charges65€0.06m€0.05m▼
Profit (loss) for the period before taxes9903€0.2m€0.2m▲
Income taxes67/77€0.05m€0.06m▲
Profit (loss) for the period9904€0.1m€0.2m▲
Profit (loss) for the period to be appropriated9905€0.1m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.4m€0.6m▲
Profit (loss) brought forward from the previous period14P€0.3m€0.4m▲
Profit to be distributed694/7-€0.1m
Return on contributions (dividend)694-€0.1m
Social balance sheet
Average headcount (FTE)90870.00.0=

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€1,915€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€272,928-€266€1,487€1,487=
Other operating charges640/8€2,831€1,190€781€141€1,162▲ 727%
Non-recurring operating charges66A---€674€0▼ 100%
Gross operating margin9900€231,155€235,734€243,209€255,208€266,398▲ 4.4%
Operating profit (loss)9901-€44,605€234,544€242,162€252,906€263,749▲ 4.3%
Financial charges65/66B€42,745€35,827€33,442€60,365€47,383▼ 21.5%
Recurring financial charges65€42,745€35,827€33,442€60,365€47,383▼ 21.5%
Profit (loss) for the period before taxes9903-€87,350€198,717€208,721€192,541€216,366▲ 12.4%
Income taxes67/77-€23,000€47,042€47,080€55,718▲ 18.3%
Profit (loss) for the period9904-€87,350€175,717€161,679€145,461€160,649▲ 10.4%
Profit (loss) for the period to be appropriated9905-€87,350€175,717€161,679€145,461€160,649▲ 10.4%
Line20212022202320242025Change
Assets
Total assets20/58€2.8m€2.9m€2.9m€3.0m€2.8m▼ 8.4%
Fixed assets21/28€2.7m€2.7m€2.7m€2.7m€2.7m▼ 0.1%
Tangible fixed assets22/27€2.7m€2.7m€2.7m€2.7m€2.7m▼ 0.1%
Land and buildings22--€0.01m€2.7m€2.7m▼ 0.1%
Other tangible fixed assets26€2.7m€2.7m€2.7m€0--
Current assets29/58€0.08m€0.2m€0.2m€0.3m€0.06m▼ 80.8%
Amounts receivable within one year40/41-€0.02m€0---
Other amounts receivable41-€0.02m€0---
Cash at bank and in hand54/58€0.08m€0.1m€0.2m€0.3m€0.06m▼ 80.8%
Equity and liabilities
Total equity and liabilities10/49€2.8m€2.9m€2.9m€3.0m€2.8m▼ 8.4%
Equity10/15-€0.09m€0.09m€0.3m€0.4m€0.4m▲ 6.5%
Contributions10/11€0.002m€0.002m€0.002m€0.002m€0.002m=
Profit (loss) carried forward14-€0.09m€0.09m€0.3m€0.4m€0.4m▲ 6.5%
Amounts payable17/49€2.9m€2.8m€2.7m€2.6m€2.3m▼ 10.7%
Amounts payable after more than one year17€2.2m€2.1m€1.9m€1.8m€1.7m▼ 6.7%
Financial debts170/4€2.2m€2.1m€1.9m€1.8m€1.7m▼ 6.7%
Amounts payable within one year42/48€0.7m€0.7m€0.7m€0.8m€0.6m▼ 19.5%
Current portion of amounts payable after more than one year42€0.1m€0.1m€0.1m€0.1m€0.1m=
Trade debts44€0.002m€0.002m€0.003m€0.002m€0.002m▼ 23.4%
Suppliers440/4€0.002m€0.002m€0.003m€0.002m€0.002m▼ 23.4%
Taxes, remuneration and social security45-€0.02m€0.05m€0.09m€0.06m▼ 38.7%
Taxes450/3-€0.02m€0.05m€0.09m€0.06m▼ 38.7%
Other amounts payable47/48€0.6m€0.6m€0.6m€0.6m€0.5m▼ 20.4%
Accrued charges and deferred income492/3-€0.001m€0€0.02m€0.02m▼ 17.2%
Line20212022202320242025Change
Profit (loss) for the period9904-€87,350€175,717€161,679€145,461€160,649▲ 10.4%
+ Depreciation and write-downs630€272,928-€266€1,487€1,487=
Operating cash flow (approximation)€185,578€175,717€161,945€146,948€162,136▲ 10.3%
Investment in fixed assets (approximation)-€0-€14,870€0€0-
Change in cash-€60,961€67,541€99,975-€252,942-

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

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2025 abbreviated format 30-04-2026 2026-00103198
31-12-2024 abbreviated format 29-08-2025 2025-00471316
31-12-2023 micro format 29-08-2024 2024-00435404
31-12-2022 abbreviated format 30-08-2023 2023-00412298
31-12-2021 abbreviated format 29-08-2022 2022-20354087

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.