Skip to content

ET & H

Active
Private limited companyfounded 200025 yrs activeRue Bois-Lionnet 4, 1380 Lasne, BelgiumKBO/BCE: BE 0473.180.054

ET & H has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €256k and a net result of €6k. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 56% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
68 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-1
Solvency75▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.26 against 0.44 in 2024; short-term debt: 30.6% and cash: 2.1% of total assets), and 50.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 25 years 0 30 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
49.9%
Return on assets
1.1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 21-10-2025, 10 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
10 d early
2024
1 d early
2023
on the day
2022
4 d early
2021
10 d early
2020
1 d early
2019
3 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close21-09-2026 today31-10-2026 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

Financials · fiscal year 2025, micro schema

Equity
€256k▲ 2.3%
2024 · €251k
2019: €89k 2020: €156k 2021: €210k 2022: €235k 2023: €243k 2024: €251k
2019 → 2025
Total assets
€514k▼ 1.0%
2024 · €519k
2019: €882k 2020: €769k 2021: €749k 2022: €655k 2023: €562k 2024: €519k
2019 → 2025
Net result
€6k▼ 29.4%
2024 · €8k
2019: €10k 2020: €67k 2021: €53k 2022: €25k 2023: €8k 2024: €8k
2019 → 2025
Working capital
€-116k▼ 26.3%
2024 · €-92k
2019: €-392k 2020: €-67k 2021: €-82k 2022: €-103k 2023: €-93k 2024: €-92k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€210k-€235k▲ 11.8%€243k▲ 3.4%€251k▲ 3.3%€256k▲ 2.3%
Operating result€93k-€42k▼ 55.1%€22k▼ 47.8%€21k▼ 2.9%€18k▼ 16.7%
Net result€53k-€25k▼ 53.8%€8k▼ 67.3%€8k▲ 0.3%€6k▼ 29.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2021: €93k€93kNet result 2021: €53k€53kOperating result 2022: €42k€42kNet result 2022: €25k€25kOperating result 2023: €22k€22kNet result 2023: €8k€8kOperating result 2024: €21k€21kNet result 2024: €8k€8kOperating result 2025: €18k€18kNet result 2025: €6k€6k20212022202320242025
The operating result has fallen four years in a row; 2025 is 17% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €514k
Fixed assets €472k▲ 5.9%
Current assets €42k▼ 42.9%
Equity and liabilities €514k
Equity €256k▲ 2.3%
Debt €258k▼ 4.0%
The debt ratio falls from 51.7% to 50.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€58k
2024 · €61k
Cash flow
€46k
2024 · €48k
Solvency
49.9%
2024 · 48.3%
Current ratio
0.26
2024 · 0.44
Quick ratio
0.22
2024 · 0.39
Debt / equity
1.01
2024 · 1.07
ROE
2.2%
2024 · 3.2%
ROA
1.1%
2024 · 1.6%
Interest coverage
7.19
2024 · 9.05
Debt
€258k
2024 · €268k
Debt ≤ 1 year
€157k
2024 · €165k
Debt > 1 year
€98k
2024 · €102k
Income taxes
€4k
2024 · €6k
Staff costs
€16k
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€519k€514k
Fixed assets21/28€446k€472k
Tangible fixed assets22/27€445k€471k
Land and buildings22€419k€453k
Furniture and vehicles24€26k€18k
Financial fixed assets28€1k€1k=
Current assets29/58€73k€42k
Stocks and contracts in progress3€8k€7k
Stocks30/36€8k€7k
Amounts receivable within one year40/41€50k€22k
Trade receivables40€45k€22k
Other amounts receivable41€5k-
Cash at bank and in hand54/58€14k€11k
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€519k€514k
Equity10/15€251k€256k
Contributions10/11€41k€41k=
Reserves13€123€123=
Tax-exempt reserves132€123€123=
Profit (loss) carried forward14€210k€215k
Amounts payable17/49€268k€258k
Amounts payable after more than one year17€102k€98k
Financial debts170/4€102k€98k
Amounts payable within one year42/48€165k€157k
Current portion of amounts payable after more than one year42€47k€32k
Trade debts44€38k€11k
Suppliers440/4€38k€11k
Taxes, remuneration and social security45€10k€10k
Taxes450/3€10k€10k
Other amounts payable47/48€69k€104k
Accrued charges and deferred income492/3€2k€2k=
Income statement Code20242025
Remuneration, social security and pensions62€17k€16k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€40k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k-
Other operating charges640/8€2k€2k
Gross operating margin9900€80k€75k
Operating profit (loss)9901€21k€18k
Financial charges65/66B€7k€8k
Recurring financial charges65€7k€8k
Profit (loss) for the period before taxes9903€15k€10k
Income taxes67/77€6k€4k
Profit (loss) for the period9904€8k€6k
Profit (loss) for the period to be appropriated9905€8k€6k
Appropriation of the result
Profit (loss) to be appropriated9906€210k€215k
Profit (loss) brought forward from the previous period14P€202k€210k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
21-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Weakest financial yearnet €6k ▼29.4%
Net result drops to €6k, the lowest in the series.
2024
30-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
27-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
21-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial Equity above €200kEq €210k ▲34.2%
3 profitable years in a row build equity to €210k.
2020
30-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial Highest result since 2019net €67k ▲601%
Operating result €94k, net result €67k, both a record.
31-03
Financial Equity above €150kEq €156k ▲75.3%
2 profitable years in a row build equity to €156k.
2019
28-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
25-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
27-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
10-11
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Lasne · 1 establishment unit since 2001
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue Bois-Lionnet 41380 Lasne
Ground area
4,345 m²
Building footprint
134 m²
Parcel 25051B0117/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Bois-Lionnet 4, 1380 Lasne
NACE 22140
since 20012.096.964.113
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25051B0117/00K000 Wallonia 4,345 m² 1 · 134 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 4,422 companies in sector 46180 we hold annual accounts for 1,886. 1,328 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-11-2000
Fiscal year end31-03
Activities, NACEBEL
45112
45250
46180Agents specialised in the wholesale of other particular products
74109Other professional, scientific and technical activities
74140Other specialised design activities
43990Other specialised construction activities
43999Specialised construction activities
47811Retail sale of cars and light vans (up to 3.5 tonnes)
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
70220Business consulting
71340
71408
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.