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ETCI

Active Public limited companyfounded 1993active for 33 yearsMalmedyer Strasse 62, 4760 BullangeKBO/BCE: BE 0450.456.419 #5 oldest company in Bullange, Construction sector

Lifetime

19 annual accounts with figures on one time axis, 32 filings since 1993
peak €382,951 (2018)
-€57518 months
lowest -€33,701 (2021)
€10,53218 months
peak €632,421 (2020)
€536,549▼ 14.8%
€129,381▲ 49.4%
peak 8 FTE (2008)
-not published
Board3 names since 2019
1 director
Documentsfilings and deeds
08-09-202639 days late
2025micro format
Financial year from 01-07-2024 to 31-12-2025, 18 monthsCompany renamed to ETCІ 30-04Dividend €104,086Equity from €630,103 to €536,549Debts from €86,572 to €129,381Investments €44,662

Key points

from the 2025 annual accounts

Equity

€536,549 ▼ 14.8%
630,1032024+10,532Profit-104,086Dividend536,5492025

ETCI paid out €104,086 in dividends. That is 988% of the 2025 profit.

Investments

€44,662 6.5 × depreciation

Green is investment, beige is depreciation.

Liquidity

66.71 was 8.25 in 2024

Short-term debts fell from €86,572 to €9,381.

2025 accounts filed 39 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,769 companies had the same profile as ETCI has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

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

Test of the method

The method was tested on the 497,331 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 14,769 companies, not a prediction for ETCI. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0450456419
Company renamed to ETCІ Registered office moved within Bullange · New name: ETCІ · New registered office: Malmedyer Straße 62, 4760 Büllingen · General meeting of 10-04-2025 · Gazette deed
Registered office moved within Bullange New registered office: Morsheck 13 in 4760 Büllingen · Previous registered office: Am Marktplatz 6 in 4760 Büllingen · General meeting of 25-08-2022 · Gazette deed
3 directors reappointed (vorsitzender des verwaltungsrates und delegierter verwalter), and · General meeting of 02-12-2019 · Gazette deed
All 46 events

Comparable companies

same main activity, similar in size and age
Company
ETCI Bullange €665,931 -€575 80.6% -
DESMET ELEKTRO Ledegem €671,944 -€11,642 36.7% 2.9
EDWA Lommel €747,473 €512 99.5% -
ELECTRO - TEMSE Temse €797,632 -€52,607 95.8% -
EMONDS Oupeye €567,877 -€57,079 61.6% -
J.V. Elektro Bredene €636,733 -€15,225 99.6% -
POLYBAT Wavre €884,693 -€16,105 -4.8% -

These companies have the same main activity as ETCI: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €568,000 and €885,000, founded between 1987 and 1999.

Official details

Source: KBO
Status
Active since 28-06-1993Normal situation
Activity
General electrical installation workNACE 43211and 3 others
Establishment unit
2.062.956.8044760 Bullange, since 22-07-1993
Financial year end
31 December
Peppol
Reachable since 29-09-2025
Company details

Annual accounts 2025

€665,931
Filing
Filed on 08-09-2026
Financials

Insights on ETCI

ETCI files the micro format. That format states no turnover. The gross margin fell from €278,458 in 2007 to -€575 in 2025.

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 ETCI

What is the company number of ETCI?
The company number of ETCI is 0450.456.419. The VAT number is the same number with BE in front: BE 0450.456.419.
Where is ETCI based?
The registered office is at Malmedyer Strasse 62, 4760 Bullange.Company details
What does ETCI do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of ETCI?
ETCI is a public limited company (NV).
When was ETCI founded?
ETCI was founded on 28-06-1993.
Is ETCI still active?
Yes, ETCI is an active enterprise in the KBO register.
How many employees does ETCI have?
ETCI had an average of 7.9 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of ETCI?
The annual accounts for financial year 2025 state no turnover.
Is ETCI profitable?
In financial year 2025, ETCI made a profit of €10,532.
Where can I find the annual accounts of ETCI?
ETCI filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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