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ETAJE

Active Private limited companyfounded 2022active for 4 yearsAchilles Musschestraat 39, 9000 GhentKBO/BCE: BE 0791.276.015

Lifetime

4 annual accounts with figures on one time axis
peak €680,175 (2024)
€665,488▼ 2.2%
peak €145,469 (2024)
€127,754▼ 12.2%
peak €1.4m (2025)
€1.4m▲ 6.8%
€255,741▼ 15.2%
peak 6.6 FTE (2025)
6.6 FTE▲ 8.2%
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
10-06-202651 days before the deadline
2025abbreviated format
Staff from 6.1 FTE to 6.6 FTEDividend €39,768Debts from €301,595 to €255,741

Key points

from the 2025 annual accounts

Equity

€1.4m ▲ 6.8%
1.32024+0.1Profit-0.04Dividend1.42025

ETAJE paid out €39,768 in dividends. That is 31% of the 2025 profit.

Turnover

≈ €1.1m estimated

The abbreviated format states no turnover.

Investments

€47,892 0.3 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Staff

10 employees on 31-12-2025
20112022161520232021202426232025

In 2025, 26 people joined and 23 left.

Filings

4 annual accounts since 2022
AprilJune31 JulyOctober2022202320242025

The last four annual accounts were filed 51 to 70 days before the end of the period.

Position in the sector

84.3%

Higher solvency than 91% of companies in accommodation. Sector median 27.3% · 994 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,326 companies had the same profile as ETAJE has now. Each dot stands for 99 companies, two years later.

95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the 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 2.9% 3.1%
10 5.6% 6.1%

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 39,326 companies, not a prediction for ETAJE. 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

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Signals

Board and ownership

Managing director
Managing director
  • 150 sharesdeed of 26-09-2022
  • 150 sharesdeed of 26-09-2022
Board & ownership

Recent changes

Environmental permit granted Hoogstammige bomen vellen die geen deel uitmaken van een bos, Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden and 1 more · Gent
Registered in the Peppol Directory Reachable for e-invoices through 0208:0791276015
Incorporation Founding capital of €988,762, 300 shares · Founders: and · Appointments: (managing director) and (managing director) · published on 26-09-2022 · Gazette deed
First establishment Astoria hotel, Achilles Musschestraat 39, Ghent
All 9 events

Comparable companies

same main activity, similar in size and age
Company
ETAJE Ghent €1.6m €665,488 84.3% 6.6
DE TUILERIEËN HOTEL Bruges €1.4m €765,501 4.2% 8
L.E Saint-Josse-ten-Noode €2.2m €585,570 4.7% 6.4
2MS Brussels €1.2m €698,899 68.0% 6.9
Yays Frankrijklei Antwerp €1.4m €900,089 17.5% 5.5
Molen van Medael Plombières €1.6m €608,829 45.8% 6.2
Panorama-sur-Semois Woluwe-Saint-Pierre €2.1m €695,735 25.9% 9.5

These companies have the same main activity as ETAJE: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €1.2m and €2.2m, founded between 2020 and 2023.

Official details

Source: KBO
Status
Active since 22-09-2022Normal situation
Activity
Hotels and similar accommodationNACE 55100and 5 others
Joint committee
302Hotels and catering · annual accounts 2025
Establishment unit
2.335.631.8219000 Ghent, since 22-09-2022
Financial year end
31 December
Peppol
Reachable since 07-09-2026
Company details

Annual accounts 2025

€1.6m▲ 2.7%
Employeeson 31-12-2025
10▲ 42.9%
Filing
Filed on 10-06-2026, 51 days before the end of the filing period
Financials

Insights on ETAJE

ETAJE files the abbreviated format. That format states no turnover. The gross margin rose from €251,956 in 2022 to €665,488 in 2025.

In September 2022, the Official Gazette published the appointment of as managing director.

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 ETAJE

What is the company number of ETAJE?
The company number of ETAJE is 0791.276.015. The VAT number is the same number with BE in front: BE 0791.276.015.
Where is ETAJE based?
The registered office is at Achilles Musschestraat 39, 9000 Ghent.Company details
What does ETAJE do?
According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
What is the legal form of ETAJE?
ETAJE is a private limited company (BV).
When was ETAJE founded?
ETAJE was founded on 22-09-2022.
Is ETAJE still active?
Yes, ETAJE is an active enterprise in the KBO register.
How many employees does ETAJE have?
ETAJE had an average of 6.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ETAJE fall under?
In its 2025 annual accounts, ETAJE states joint committee 302 (Hotels and catering).
What is the turnover of ETAJE?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €665,488 and 34 comparable companies (NACE 55). It probably lies between €960,000 and €1.5m.
Is ETAJE profitable?
In financial year 2025, ETAJE made a profit of €127,754.
Where can I find the annual accounts of ETAJE?
ETAJE filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ETAJE due?
ETAJE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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