Losses
-€55,714 in seven years
Every financial year from 2018 to 2025 closed with a loss. 2018 was the heaviest.
EGTC
Lifetime
19 annual accounts with figures on one time axis, 36 filings since 1989peak €90,622 (2017)
-€506▲ €615
lowest -€29,730 (2018)
-€1,184▲ €583
peak €116,459 (2017)
€98,139▼ 1.2%
€989▲ 78.0%
Board1 name since 2021
1 directorFRIEDRICH Jorg
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from -€1,122 to -€506Loss of €1,184Debts from €556 to €989
Key points
from the 2025 annual accountsFilings
36 annual accounts since 1989
Eight of the last ten came late. The 2019 accounts came latest: 129 days after the end of the period.
Position in the sector
99.0%
Higher solvency than 95% of companies in wholesale trade. Sector median 40.4% · 13,805 companies.
Turnover not published (micro format)
Checked score
86
Excellent
Financially stronger than 63% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 0.4%▼ -0.3 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026lowest value
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 100.19
1 of the last 3 accounts late
lowers risk
Founded in 1988
Equity €98,139 (99.0% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 90% of them on solvency, 98% on liquidity, 28% on profitability and 37% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as EGTC has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EGTC itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for EGTC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Short-term debt is 1% of total assets. 1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
1 day early
2023
41 days late
2021
24 days late
2020
27 days late
2019
129 days late
2018
19 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 30 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
First establishment
Tervatestraat 99, Etterbeek
Incorporation
published on 23-08-1988 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EGTC Etterbeek | €99,129 | -€506 | 99.0% | - |
| UNITED PACKING AND PROMOTION Ganshoren | €153,755 | -€3,408 | -28.5% | - |
| FORMANA Forest | €55,697 | -€1,430 | -62.4% | - |
| TRADEX INTERNATIONAL Houyet | €140,233 | -€78 | 74.5% | - |
| EECKHOUT & CO Antwerp | €143,180 | -€1,342 | 90.4% | - |
| DIAMOND CARD Trooz | €136,600 | -€16,669 | 63.8% | - |
| DAVICO INTERNATIONAL Waterloo | €66,873 | -€694 | 18.1% | - |
These companies have the same main activity as EGTC: non-specialised wholesale trade (NACE 46900). They are comparable in size and age: total assets between €55,700 and €154,000, founded between 1984 and 1991.
Official details
Source: KBO- Status
- Active since 04-08-1988Normal situation
- Activity
- Non-specialised wholesale tradeNACE 46900
- Establishment unit
- 2.039.569.1141040 Etterbeek, since 09-08-1988
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €99,129▼ 0.8%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on EGTC
EGTC files the micro format. That format states no turnover. The gross margin fell from €17,003 in 2006 to -€506 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EGTC
- What is the company number of EGTC?
- The company number of EGTC is 0434.866.638. The VAT number is the same number with BE in front: BE 0434.866.638.
- Where is EGTC based?
- The registered office is at Tervatestraat 99, 1040 Etterbeek.Company details
- What does EGTC do?
- According to the KBO register, the main activity is non-specialised wholesale trade (NACE 46900).
- What is the legal form of EGTC?
- EGTC is a private limited company (pre-2019) (BVBA).
- When was EGTC founded?
- EGTC was founded on 04-08-1988.
- Is EGTC still active?
- Yes, EGTC is an active enterprise in the KBO register.
- What is the turnover of EGTC?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is EGTC profitable?
- In financial year 2025, EGTC made a loss of €1,184.
- Where can I find the annual accounts of EGTC?
- EGTC filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EGTC due?
- EGTC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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