ETALON
ActiveSummary
The computed 12-month bankruptcy probability of ETALON is 1.9% (moderate). The 2025 annual accounts show equity of €64k and a net result of €18k. Equity is growing by ~46.3% per year across the filed fiscal years. Its solvency ranks better than 80% of 7453 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▼-5
Solvency98=
Growth52=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.02 against 2.35 in 2024; short-term debt: 27.4% and cash: 33.4% of total assets), and 27.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.6%
Return on assets
20.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-03-2026, 56 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
56 d early
2024
48 d early
2023
33 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€64k▲ 40.2%
2024 · €45k
2023: €22k
2024: €45k
2023 → 2025
Total assets
€88k▲ 40.6%
2024 · €62k
2023: €35k
2024: €62k
2023 → 2025
Net result
€18k▼ 7.6%
2024 · €20k
2023: €21k
2024: €20k
2023 → 2025
Working capital
€49k▲ 112%
2024 · €23k
2023: €-9k
2024: €23k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€22k-€45k▲ 110%€64k▲ 40.2%
Operating result€26k-€25k▼ 5.2%€23k▼ 7.0%
Net result€21k-€20k▼ 4.2%€18k▼ 7.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 7% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88k
Fixed assets
€15k ▼ 33.3%
Current assets
€73k ▲ 82.1%
Equity and liabilities €88k
Equity
€64k ▲ 40.2%
Debt
€24k ▲ 41.7%
Debt's share of the balance-sheet total rises from 27.2% to 27.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▼
2024 · €34k
Cash flow
€28k▼
2024 · €29k
Current ratio
3.02▲
2024 · 2.35
Debt to equity
0.38▲
2024 · 0.37
ROE
28.7%▼
2024 · 43.5%
ROA
20.8%▼
2024 · 31.7%
Interest coverage
215.98▲
2024 · 208.55
Debt ≤ 1 year
€24k▲
2024 · €17k
Income taxes
€5k▼
2024 · €5k
Staff costs
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€62k€88k▲
Fixed assets21/28€22k€15k▼
Tangible fixed assets22/27€22k€15k▼
Plant, machinery and equipment23€251€66▼
Furniture and vehicles24€22k€15k▼
Current assets29/58€40k€73k▲
Amounts receivable within one year40/41€2k€41k▲
Trade receivables40-€39k
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€36k€29k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€62k€88k▲
Equity10/15€45k€64k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€40k€59k▲
Amounts payable17/49€17k€24k▲
Amounts payable within one year42/48€17k€24k▲
Trade debts44€309€9k▲
Suppliers440/4€309€9k▲
Taxes, remuneration and social security45€17k€12k▼
Taxes450/3€545€2k▲
Remuneration and social security454/9€16k€9k▼
Other amounts payable47/48-€3k
Income statement
Code20242025
Remuneration, social security and pensions62-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€495€449▼
Gross operating margin9900€35k€37k▲
Operating profit (loss)9901€25k€23k▼
Financial income75/76B€153€28▼
Recurring financial income75€153€28▼
Financial charges65/66B€164€154▼
Recurring financial charges65€164€154▼
Profit (loss) for the period before taxes9903€25k€23k▼
Income taxes67/77€5k€5k▼
Profit (loss) for the period9904€20k€18k▼
Profit (loss) for the period to be appropriated9905€20k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€59k▲
Profit (loss) brought forward from the previous period14P€21k€40k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €18k ▼7.6%
Net result drops to €18k, the lowest in the series.
13-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity times 6current ratio 2.35
Current ratio from 0.37 to 2.35.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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, Drogenbos · 1 establishment unit since 2022
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.
W.A. Mozartlaan 21620 DrogenbosGround area
1.7 ha
Building footprint
2,053 m²
Volume, LiDAR
11,111 m³
2 parcels, Brussels, Flanders · tallest building 25.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ETALON
since 20222.328.205.876
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001A0006/00W002 | Flanders | 1.1 ha | 1 · 794 m² | 13.0 m · 4 fl. |
| 21342B0042/00B000 | Brussels | 6,164 m² | 1 · 1,259 m² | 25.8 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0718.936.383
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EREVA
BE 0735.604.349
Middelkerke · Eq €63,592
VEREECKE DRIES
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 13,201 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2022
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43240Other construction installation
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.