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ET-Group

Active
Private limited companyfounded 20242 yrs activeGuicciardinistraat 4, 2050 Antwerpen, BelgiumKBO/BCE: BE 1010.641.614
Summary

The computed 12-month bankruptcy probability of ET-Group is 2.9% (moderate). The annual accounts of ET-Group for fiscal year 2025 show a net loss of 91% of total assets. The 2025 annual accounts show equity of €1,979 and a net result of -€1,808. Its solvency ranks better than 95% of 18626 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth58
Track record82
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
Credit check for your own amount and term

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

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · 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 2025
Age of the figures
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
2425
2024 to 2025 · latest year -€1,808
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 2 filings
Deviation from the deadline
2025
31 d late
2024
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 46 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

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 months
Position in the running window
30-09-2026 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

History

On 22 June 2024, ET-Group was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€1,979▼ 47.7%
2024 · €3,787
Total assets
€1,979▼ 58.3%
2024 · €4,750
Net result
-€1,808▲ 70.9%
2024 · -€6,213
Working capital
€3,787
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€6,318--€1,969▲ 68.8%
Net result-€6,213below the sector's middle half--€1,808within the sector's middle half▲ 70.9%
Equity€3,787within the sector's middle half-€1,979below the sector's middle half▼ 47.7%
Total assets€4,750below the sector's middle half-€1,979below the sector's middle half▼ 58.3%
Debt€963-
Working capital€3,787within the sector's middle half-
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€8,000-€6,000-€4,000-€2,000€0Operating result 2024: -€6,318-€6,318Net result 2024: -€6,213-€6,213Operating result 2025: -€1,969-€1,969Net result 2025: -€1,808-€1,80820242025-€8,000-€6,000-€4,000-€2,000€0Operating result 2024: -€6,318-€6,320Net result 2024: -€6,213-€6,210Operating result 2025: -€1,969-€1,970Net result 2025: -€1,808-€1,81020242025
The operating result stays negative: a loss of €1,969 in 2025 against €6,318 in 2024; the loss shrinks.

Peer companies

Historical observation

Of the 3,225 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.3% went bankrupt
8.7% stopped otherwise
88% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% 1.0%
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% 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 3,225 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 · 26 lines
Balance sheet Code20242025
Assets
Total assets20/58€4,750€1,979▼
Current assets29/58€4,750€1,979▼
Amounts receivable within one year40/41€2,000€1,700▼
Other amounts receivable41€2,000€1,700▼
Cash at bank and in hand54/58€2,736€279▼
Deferred charges and accrued income490/1€14-
Equity and liabilities
Total equity and liabilities10/49€4,750€1,979▼
Equity10/15€3,787€1,979▼
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€6,213-€8,021▼
Amounts payable17/49€963-
Amounts payable within one year42/48€963-
Trade debts44€963-
Suppliers440/4€963-
Income statement Code20242025
Other operating charges640/8-€120
Gross operating margin9900-€6,318-€1,849▲
Operating profit (loss)9901-€6,318-€1,969▲
Financial income75/76B€129€240▲
Recurring financial income75€129€240▲
Financial charges65/66B€24€79▲
Recurring financial charges65€24€79▲
Profit (loss) for the period before taxes9903-€6,213-€1,808▲
Profit (loss) for the period9904-€6,213-€1,808▲
Profit (loss) for the period to be appropriated9905-€6,213-€1,808▲
Appropriation of the result
Profit (loss) to be appropriated9906-€6,213-€8,021▼
Profit (loss) brought forward from the previous period14P--€6,213

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

Line20242025Change
Other operating charges640/8-€120-
Gross operating margin9900-€6,318-€1,849▲ 70.7%
Operating profit (loss)9901-€6,318-€1,969▲ 68.8%
Financial income75/76B€129€240▲ 86.1%
Recurring financial income75€129€240▲ 86.1%
Financial charges65/66B€24€79▲ 234%
Recurring financial charges65€24€79▲ 234%
Profit (loss) for the period before taxes9903-€6,213-€1,808▲ 70.9%
Profit (loss) for the period9904-€6,213-€1,808▲ 70.9%
Profit (loss) for the period to be appropriated9905-€6,213-€1,808▲ 70.9%
Line20242025Change
Assets
Total assets20/58€4,750€1,979▼ 58.3%
Current assets29/58€4,750€1,979▼ 58.3%
Amounts receivable within one year40/41€2,000€1,700▼ 15.0%
Other amounts receivable41€2,000€1,700▼ 15.0%
Cash at bank and in hand54/58€2,736€279▼ 89.8%
Deferred charges and accrued income490/1€14--
Equity and liabilities
Total equity and liabilities10/49€4,750€1,979▼ 58.3%
Equity10/15€3,787€1,979▼ 47.7%
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€6,213-€8,021▼ 29.1%
Amounts payable17/49€963--
Amounts payable within one year42/48€963--
Trade debts44€963--
Suppliers440/4€963--
Line20242025Change
Profit (loss) for the period9904-€6,213-€1,808▲ 70.9%
Operating cash flow (approximation)-€6,213-€1,808▲ 70.9%
Change in cash--€2,457-

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
NBB 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.

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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, Antwerpen · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
663 m²
Building footprint
150 m²
Volume, LiDAR
889 m³
Parcel 11813N0733/03A000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ET-Group
Guicciardinistraat 4, 2050 AntwerpenReal estate development
since 20242.363.509.621
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11813N0733/03A000 Flanders 663 m² 1 · 150 m² 10.6 m · 2 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.

Similar companies · same sector, comparable size

Of 4,238 companies in sector 47789 we hold annual accounts for 1,019. 173 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
Founded22-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
47789Other retail sale of new goods
64210Activities of holding companies
68321Property management for co-owned buildings (syndics)
82300Organisation of conventions and trade shows
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010641614
Also 9925:BE1010641614
Registered 23-07-2026

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

Register as of 29 September 2026 · Peppol Directory

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