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ET IMMO

Active
Private limited companyfounded 20187 yrs activeStationslaan 19, 1820 Steenokkerzeel, BelgiumKBO/BCE: BE 0715.780.717

ET IMMO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.19M and a net result of €176k. Equity is growing by ~27.5% per year across the filed fiscal years. Its solvency ranks better than 51% of 9692 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
53 / 100
Fair▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-22
Solvency39▲+9
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity short (current ratio 0.43 against 0.26 in 2023), and 68.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · 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
elevated failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
31.8%
Return on assets
4.7%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
30 d early
2023
273 d late
2022
639 d late
2021
116 d late
2020
1 d early
2019
25 d early
← before the deadline after the 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 2024, abbreviated schema

Equity
€1.19M▲ 17.4%
2023 · €1.01M
2019: €130k 2020: €404k 2021: €652k 2022: €815k 2023: €1.01M
2019 → 2024
Total assets
€3.73M▼ 1.5%
2023 · €3.79M
2019: €1.36M 2020: €3.09M 2021: €3.09M 2022: €4.09M 2023: €3.79M
2019 → 2024
Net result
€176k▼ 9.7%
2023 · €194k
2019: €30k 2020: €273k 2021: €248k 2022: €164k 2023: €194k
2019 → 2024
Working capital
€-273k▲ 24.4%
2023 · €-361k
2019: €-429k 2020: €-656k 2021: €-308k 2022: €-433k 2023: €-361k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€404k-€652k▲ 61.4%€815k▲ 25.1%€1.01M▲ 23.8%€1.19M▲ 17.4%
Operating result€294k-€277k▼ 5.9%€237k▼ 14.2%€290k▲ 22.4%€269k▼ 7.5%
Net result€273k-€248k▼ 9.3%€164k▼ 33.9%€194k▲ 18.6%€176k▼ 9.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2020: €294k€294kNet result 2020: €273k€273kOperating result 2021: €277k€277kNet result 2021: €248k€248kOperating result 2022: €237k€237kNet result 2022: €164k€164kOperating result 2023: €290k€290kNet result 2023: €194k€194kOperating result 2024: €269k€269kNet result 2024: €176k€176k20202021202220232024
The operating result falls in 2024; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.73M
Fixed assets €3.52M▼ 3.8%
Current assets €210k▲ 64.9%
Equity and liabilities €3.73M
Equity €1.19M▲ 17.4%
Debt €2.55M▼ 8.4%
The debt ratio falls from 73.4% to 68.2%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€408k
2023 · €429k
Cash flow
€315k
2023 · €333k
Solvency
31.8%
2023 · 26.6%
Current ratio
0.43
2023 · 0.26
Quick ratio
0.43
2023 · 0.26
Debt / equity
2.15
2023 · 2.75
ROE
14.8%
2023 · 19.2%
ROA
4.7%
2023 · 5.1%
Interest coverage
12.24
2023 · 13.43
Debt
€2.55M
2023 · €2.78M
Debt ≤ 1 year
€483k
2023 · €488k
Debt > 1 year
€2.06M
2023 · €2.29M
Income taxes
€60k
2023 · €64k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€3.79M€3.73M
Fixed assets21/28€3.66M€3.52M
Tangible fixed assets22/27€3.66M€3.52M
Land and buildings22€3.61M€3.48M
Plant, machinery and equipment23€51k€45k
Financial fixed assets28€100€100=
Current assets29/58€127k€210k
Amounts receivable within one year40/41€75k€183k
Trade receivables40€63k€178k
Other amounts receivable41€13k€5k
Cash at bank and in hand54/58€52k€26k
Equity and liabilities
Total equity and liabilities10/49€3.79M€3.73M
Equity10/15€1.01M€1.19M
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Profit (loss) carried forward14€910k€1.09M
Amounts payable17/49€2.78M€2.55M
Amounts payable after more than one year17€2.29M€2.06M
Financial debts170/4€2.29M€2.03M
Other amounts payable178/9-€30k
Amounts payable within one year42/48€488k€483k
Current portion of amounts payable after more than one year42€254k€257k
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44-€14k
Suppliers440/4-€14k
Advances received on contracts in progress46-€72k
Taxes, remuneration and social security45€123k€134k
Taxes450/3€123k€134k
Other amounts payable47/48€111k€467
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€139k€140k
Other operating charges640/8€6k€18k
Gross operating margin9900€435k€427k
Operating profit (loss)9901€290k€269k
Financial charges65/66B€32k€33k
Recurring financial charges65€32k€33k
Profit (loss) for the period before taxes9903€258k€235k
Income taxes67/77€64k€60k
Profit (loss) for the period9904€194k€176k
Profit (loss) for the period to be appropriated9905€194k€176k
Appropriation of the result
Profit (loss) to be appropriated9906€910k€1.09M
Profit (loss) brought forward from the previous period14P€715k€910k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
30-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 273 days late
30-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 639 days late
2023
31-12
Financial Equity above €1MEq €1.01M ▲23.8%
5 profitable years in a row build equity to €1.01M.
2022
24-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 116 days late
2021
31-12
Financial Equity above €500kEq €652k ▲61.4%
3 profitable years in a row build equity to €652k.
30-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2019net €273k ▲799%
Operating result €294k, net result €273k, both a record.
31-12
Financial Equity above €200kEq €404k ▲210%
2 profitable years in a row build equity to €404k.
06-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
18-09-2025 Resigned as Director
Location & real-estate footprint
Registered office, Steenokkerzeel · 2 establishment units since 2018
establishment All 2 establishment units 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.

Stationslaan 191820 Steenokkerzeel
Ground area
1.2 ha
Building footprint
1,325 m²
Volume, LiDAR
1,628 m³
3 parcels, Flanders, Wallonia · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
ET Immo
Haachtsesteenweg 236, 1820 SteenokkerzeelReal estate activities
since 20182.282.869.561
ET Immo
Parc Industriel 15, 4400 FlémalleOther technical testing and analysis
since 20212.320.493.287
3 parcels
Flanders 2 (66.7%) Wallonia 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
62412B0318/00A005 Wallonia 9,038 m² 1 · 430 m² -
23051A0161/00C007 Flanders 2,017 m² 1 · 558 m² 0.1 m
23051B0291/00V000 Flanders 1,433 m² 1 · 336 m² 8.9 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

69940021BY2QOSKQ2376
live in the LEI register

Similar companies · same sector, comparable size

Of 7,288 companies in sector 68110 we hold annual accounts for 5,354. 3,097 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-12-2018
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
70200Business and other management consultancy
70220Business consulting
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.