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ETEC

Active
Public limited companyfounded 1960active for 66 yearsTerbekehofdreef 50-52, 2610 Antwerpen, BelgiumKBO/BCE: BE 0404.297.978
Summary

ETEC has been active since 1960 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €229,960. Equity has been growing by about 5.2% per year since 2019. Its solvency ranks better than 71% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 03-10-1960 Normal situation
Activity
Other specialised construction activities NACE 43990and 1 other
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 30-06-2024
Establishment unit
2.005.405.615 2610 Antwerpen, since 01-11-1960
Financial year end
30 June
Peppol
Reachable since 13-05-2026

Board and ownership

Board
Shareholders
  • ISIDORA· score 9631-03-2026 annual accounts of ISIDORA

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-06-2025
Gross margin
€775,107
▼ 1.0%
Turnover
≈ €2.4m
estimated
Profit
€229,960
▲ 1.3%
Equity
€1.4m
▲ 20.2%
Total assets
€2.2m
▼ 8.6%
Employees on 30-06-2025
6
▲ 20.0%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.53, cash €993,325Founded in 1960Equity €1.4m (62.5% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 70% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 88+15
equity 62.5% of total assets
Liquidity 83+24
short-term debt 37.5% · cash 45.4%
Profitability 82+1
return on assets 10.5%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 0.1%highest value 01-2025: < 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: 0.1%▲ +0.1 percentage points vs 11-2025 01-2026: < 0.1%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.53 (1.86 in 2024), above the usual 1.5. Short-term debt is 37.5% and cash 45.4% of total assets. 37.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 68% of them on solvency, 81% on liquidity, 63% on profitability and 68% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.53, cash €993,325
NBB · annual accounts
lowers risk · Founded in 1960
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €1.4m (62.5% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-12-2025, 47 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
47 days early
2024
56 days early
2023
51 days early
2022
53 days early
2021
19 days early
2020
23 days early
2019
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 42 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 11 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end03-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 15-12-2025 PDF all 48 filings

Turnover
≈ €2.4m
Estimated: probably between €1.5m and €3.2m
Total assets
€2.2m▼ 8.6%
2024 · €2.4m
Net result
€229,960▲ 1.3%
2024 · €226,922
Working capital
€1.3m▲ 16.2%
2024 · €1.1m
Multi-year overview
2019 to 2025, 7 financial years
Operating result
€281,383
▼ 1.7% 2025
20192025
Net result
€229,960
▲ 1.3% 2025
highest quarter of the sector
20192025
Equity
€1.4m
▲ 20.2% 2025
highest quarter of the sector
20192025
Total assets
€2.2m
▼ 8.6% 2025
highest quarter of the sector
20192025
Debt
€819,892
▼ 34.8% 2025
20192025
Working capital
€1.3m
▲ 16.2% 2025
highest quarter of the sector
20192025
Solvency
62.5%
▲ 15.0pp 2025
middle half of the sector
20192025
Current ratio
2.53
▲ 0.67 2025
middle half of the sector
20192025
Return on assets (ROA)
10.5%
▲ 1.0pp 2025
middle half of the sector
20192025
Staff (FTE)
5.1
▲ 2.0% 2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.04m-€0.07m▲ 62.8%€0.05m▼ 18.7%€0.07m▲ 36.5%€0.3m▲ 305%€0.3m▼ 2.3%€0.3m▼ 1.7%
Net result€0.05m-€0.06mwithin the sector's middle half▲ 26.7%€0.05mwithin the sector's middle half▼ 11.9%€0.07mwithin the sector's middle half▲ 22.9%€0.2mabove the sector's middle half▲ 265%€0.2mabove the sector's middle half▼ 4.4%€0.2mabove the sector's middle half▲ 1.3%
Equity€1.0m-€1.0mabove the sector's middle half▼ 4.0%€1.0mabove the sector's middle half▲ 0.3%€1.0mabove the sector's middle half▲ 1.6%€1.1mabove the sector's middle half▲ 9.0%€1.1mabove the sector's middle half▲ 7.3%€1.4mabove the sector's middle half▲ 20.2%
Total assets€1.4m-€2.0mabove the sector's middle half▲ 42.3%€1.1mwithin the sector's middle half▼ 45.7%€1.5mwithin the sector's middle half▲ 36.7%€2.0mabove the sector's middle half▲ 31.1%€2.4mabove the sector's middle half▲ 21.3%€2.2mabove the sector's middle half▼ 8.6%
Debt€0.4m-€1.1m▲ 149%€0.1m▼ 86.6%€0.5m▲ 271%€0.9m▲ 71.5%€1.3m▲ 37.7%€0.8m▼ 34.8%
Working capital€0.9m-€1.5mabove the sector's middle half▲ 58.7%€0.9mabove the sector's middle half▼ 37.3%€0.9mabove the sector's middle half▼ 5.4%€1.0mabove the sector's middle half▲ 11.8%€1.1mabove the sector's middle half▲ 9.8%€1.3mabove the sector's middle half▲ 16.2%
Solvency69.8%-47.1%within the sector's middle half▼ 22.7pp87.0%above the sector's middle half▲ 39.9pp64.6%above the sector's middle half▼ 22.3pp53.7%within the sector's middle half▼ 10.9pp47.5%within the sector's middle half▼ 6.2pp62.5%within the sector's middle half▲ 15.0pp
Current ratio3.17-3.95above the sector's middle half▲ 0.787.46above the sector's middle half▲ 3.522.65within the sector's middle half▼ 4.822.07within the sector's middle half▼ 0.571.86within the sector's middle half▼ 0.222.53within the sector's middle half▲ 0.67
Return on assets (ROA)3.3%-3.0%within the sector's middle half▼ 0.4pp4.8%within the sector's middle half▲ 1.8pp4.3%within the sector's middle half▼ 0.5pp12.0%within the sector's middle half▲ 7.7pp9.5%within the sector's middle half▼ 2.6pp10.5%within the sector's middle half▲ 1.0pp
Staff (FTE)10-7.6within the sector's middle half▼ 24.0%7within the sector's middle half▼ 7.9%6.2within the sector's middle half▼ 11.4%5.5within the sector's middle half▼ 11.3%5within the sector's middle half▼ 9.1%5.1within the sector's middle half▲ 2.0%
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 2% lower than in 2024. It is the second fall in a row.

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets €115,777 ▲ 91.8%
Current assets €2.1m ▼ 11.2%
Equity and liabilities €2.2m
Equity €1.4m ▲ 20.2%
Debt €819,892 ▼ 34.8%
Debt's share of the balance-sheet total falls from 52.5% to 37.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€309,810▲
2024 · €307,584
Cash flow
€258,387▲
2024 · €248,313
Quick ratio
2.15▲
2024 · 1.66
Debt to equity
0.60▼
2024 · 1.10
ROE
16.8%▼
2024 · 20.0%
Interest coverage
over 100▲
2024 · 89.71
Debt ≤ 1 year
€819,892▼
2024 · €1.3m
Income taxes
€85,235▲
2024 · €81,583
Staff costs
€461,675▼
2024 · €469,048
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item30-06-202230-06-202330-06-202430-06-2025
Employees at the balance-sheet date6556
full-time6556
part-time00--
in full-time equivalents6556
Average over the year, in full-time equivalents6.25.555.1
On a permanent contract6556
Joined01--
Left12--

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item30-06-202230-06-202330-06-202430-06-2025
Tangible fixed assets€87,360€4,565€10,995€83,020
Financial fixed assets---€835
Depreciation and write-downs of the year€21,774€20,436€21,391€28,427

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2023 to 2025 · 3 entries · €2,124 awarded · €1,205 paid
Year Entries AwardedPaid
2025 1 €1,323€381
2024 1 €186€461
2023 1 €615€363
Schemes
3 entries · €2,124 · €1,205 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.4m€2.2m▼
Fixed assets21/28€0.06m€0.1m▲
Tangible fixed assets22/27€0.06m€0.1m▲
Plant, machinery and equipment23€0.02m€0.05m▲
Furniture and vehicles24€0.04m€0.07m▲
Financial fixed assets28€305€0.001m▲
Current assets29/58€2.3m€2.1m▼
Stocks and contracts in progress3€0.3m€0.3m▲
Stocks30/36€0.3m€0.3m▲
Amounts receivable within one year40/41€1.4m€0.8m▼
Trade receivables40€1.3m€0.7m▼
Other amounts receivable41€0.1m€0.05m▼
Cash at bank and in hand54/58€0.7m€1.0m▲
Equity and liabilities
Total equity and liabilities10/49€2.4m€2.2m▼
Equity10/15€1.1m€1.4m▲
Contributions10/11€0.1m€0.1m=
Capital10€0.1m€0.1m=
Issued capital100€0.1m€0.1m=
Reserves13€0.8m€0.8m=
Non-distributable reserves130/1€0.01m€0.01m=
Legal reserve130€0.01m€0.01m=
Distributable reserves133€0.8m€0.8m=
Profit (loss) carried forward14€0.2m€0.4m▲
Amounts payable17/49€1.3m€0.8m▼
Amounts payable within one year42/48€1.3m€0.8m▼
Trade debts44€1.0m€0.8m▼
Suppliers440/4€1.0m€0.8m▼
Taxes, remuneration and social security45€0.06m€0.04m▼
Taxes450/3€0.03m€0.005m▼
Remuneration and social security454/9€0.04m€0.03m▼
Other amounts payable47/48€0.2m-
Income statement Code20242025
Remuneration, social security and pensions62€0.5m€0.5m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.03m▲
Other operating charges640/8€0.006m€0.004m▼
Gross operating margin9900€0.8m€0.8m▼
Operating profit (loss)9901€0.3m€0.3m▼
Financial income75/76B€0.03m€0.04m▲
Recurring financial income75€0.03m€0.04m▲
Financial charges65/66B€0.003m€0.002m▼
Recurring financial charges65€0.003m€0.002m▼
Profit (loss) for the period before taxes9903€0.3m€0.3m▲
Income taxes67/77€0.08m€0.09m▲
Profit (loss) for the period9904€0.2m€0.2m▲
Profit (loss) for the period to be appropriated9905€0.2m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.4m€0.4m▲
Profit (loss) brought forward from the previous period14P€0.1m€0.2m▲
Profit to be distributed694/7€0.2m-
Return on contributions (dividend)694€0.2m-
Social balance sheet
Average headcount (FTE)90875.05.1▲

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 15-12-2025.

Line2019202020212022202320242025Change
Non-recurring operating income76A---€0----
Remuneration, social security and pensions62---€479,263€496,902€469,048€461,675▼ 1.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,536€25,859€17,302€21,774€20,436€21,391€28,427▲ 32.9%
Other operating charges640/8---€5,641€1,555€6,046€3,623▼ 40.1%
Gross operating margin9900€628,621€549,491€542,569€579,036€811,765€782,678€775,107▼ 1.0%
Operating profit (loss)9901€40,051€65,218€53,003€72,357€292,872€286,193€281,383▼ 1.7%
Financial income75/76B---€24,698€36,664€25,740€35,741▲ 38.9%
Recurring financial income75€35,505€28,049€32,301€24,698€36,664€25,740€35,741▲ 38.9%
Financial charges65/66B---€2,742€1,143€3,429€1,930▼ 43.7%
Recurring financial charges65€1,285€2,013€9,296€2,742€1,143€3,429€1,930▼ 43.7%
Profit (loss) for the period before taxes9903€74,271€91,254€76,008€94,313€328,393€308,504€315,195▲ 2.2%
Income taxes67/77€26,819€31,116€23,040€29,237€90,978€81,583€85,235▲ 4.5%
Profit (loss) for the period9904€47,451€60,138€52,969€65,076€237,415€226,922€229,960▲ 1.3%
Profit (loss) for the period to be appropriated9905€47,451€60,138€52,969€65,076€237,415€226,922€229,960▲ 1.3%
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.4m€2.0m€1.1m€1.5m€2.0m€2.4m€2.2m▼ 8.6%
Fixed assets21/28€0.06m€0.05m€0.03m€0.1m€0.08m€0.06m€0.1m▲ 91.8%
Tangible fixed assets22/27€0.05m€0.04m€0.02m€0.09m€0.07m€0.06m€0.1m▲ 90.9%
Plant, machinery and equipment23---€0.01m€0.01m€0.02m€0.05m▲ 195%
Furniture and vehicles24---€0.07m€0.06m€0.04m€0.07m▲ 52.8%
Financial fixed assets28€0.009m€0.009m€0.009m€0.009m€0.009m€305€0.001m▲ 274%
Current assets29/58€1.4m€2.0m€1.1m€1.4m€1.9m€2.3m€2.1m▼ 11.2%
Stocks and contracts in progress3€0.3m€0.2m€0.2m€0.2m€0.2m€0.3m€0.3m▲ 22.9%
Stocks30/36---€0.2m€0.2m€0.3m€0.3m▲ 22.9%
Amounts receivable within one year40/41€0.6m€1.1m€0.8m€0.9m€1.4m€1.4m€0.8m▼ 45.0%
Trade receivables40---€0.8m€1.2m€1.3m€0.7m▼ 43.0%
Other amounts receivable41---€0.09m€0.2m€0.1m€0.05m▼ 63.3%
Cash at bank and in hand54/58€0.5m€0.6m€0.05m€0.3m€0.3m€0.7m€1.0m▲ 45.0%
Equity and liabilities
Total equity and liabilities10/49€1.4m€2.0m€1.1m€1.5m€2.0m€2.4m€2.2m▼ 8.6%
Equity10/15€1.0m€1.0m€1.0m€1.0m€1.1m€1.1m€1.4m▲ 20.2%
Contributions10/11€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m=
Capital10---€0.1m€0.1m€0.1m€0.1m=
Issued capital100---€0.1m€0.1m€0.1m€0.1m=
Reserves13€0.8m€0.8m€0.8m€0.8m€0.8m€0.8m€0.8m=
Non-distributable reserves130/1---€0.01m€0.01m€0.01m€0.01m=
Legal reserve130---€0.01m€0.01m€0.01m€0.01m=
Distributable reserves133---€0.8m€0.8m€0.8m€0.8m=
Profit (loss) carried forward14€0.07m€0.03m€0.03m€0.04m€0.1m€0.2m€0.4m▲ 110%
Amounts payable17/49€0.4m€1.1m€0.1m€0.5m€0.9m€1.3m€0.8m▼ 34.8%
Amounts payable within one year42/48€0.4m€0.5m€0.1m€0.5m€0.9m€1.3m€0.8m▼ 34.8%
Trade debts44€0.4m€0.3m€0.04m€0.4m€0.7m€1.0m€0.8m▼ 24.8%
Suppliers440/4---€0.4m€0.7m€1.0m€0.8m▼ 24.8%
Taxes, remuneration and social security45---€0.05m€0.08m€0.06m€0.04m▼ 44.2%
Taxes450/3---€0.01m€0.06m€0.03m€0.005m▼ 80.4%
Remuneration and social security454/9---€0.03m€0.02m€0.04m€0.03m▼ 17.9%
Other amounts payable47/48---€0.05m€0.2m€0.2m--
Line2019202020212022202320242025Change
Profit (loss) for the period9904€47,451€60,138€52,969€65,076€237,415€226,922€229,960▲ 1.3%
+ Depreciation and write-downs630€37,536€25,859€17,302€21,774€20,436€21,391€28,427▲ 32.9%
Operating cash flow (approximation)€84,988€85,997€70,271€86,850€257,851€248,313€258,387▲ 4.1%
Investment in fixed assets (approximation)--€9,085-€1,395-€87,360-€4,565-€2,135-€83,855▼ 3,828%
Change in cash-€113,961-€565,694€223,854€4,535€403,267€308,155▼ 23.6%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 31,368 companies had the same profile as ETEC has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
93.5% was still going
5.9% stopped otherwise
0.5% went bankrupt

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

That fits the bankruptcy probability of ETEC itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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 3.0% 3.1%
10 5.6% 6.2%

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 31,368 companies, not a prediction for ETEC. 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.

Latest 10 of 48 filings with the National Bank
Financial year Type Filed Reference Document
30-06-2025 abbreviated format 15-12-2025 2025-00583932 PDF
30-06-2024 abbreviated format 06-12-2024 2024-00611415 PDF
30-06-2023 abbreviated format 11-12-2023 2023-00525817 PDF
30-06-2022 abbreviated format 09-12-2022 2022-20534772 PDF
30-06-2021 abbreviated format 12-01-2022 2022-00900413 PDF
30-06-2020 abbreviated format 08-01-2021 2021-00500515 PDF
30-06-2019 abbreviated format 18-12-2019 2019-76700449 PDF
30-06-2018 abbreviated format 06-12-2018 2018-73800369 PDF
30-06-2017 micro format 08-12-2017 2017-71400383 PDF
30-06-2016 abbreviated format 13-12-2016 2016-69900395 PDF

Show all 48 filings

Board & ownership

Directors

Directors
3 directors, 2 in day-to-day management

Board 3

Marguerite Beckers
Director · since 18-12-2001 · listed in the 2025 annual accounts, filed on 15-12-2025
Current
Barbara De Neef
Director · since 02-12-2008 · listed in the 2025 annual accounts, filed on 15-12-2025
Current
Michaël De Neef
Director · since 21-10-2013 · listed in the 2025 annual accounts, filed on 15-12-2025
Current

Day-to-day management 2

Marguerite Beckers
Managing director · in office according to the act of 12-01-2023
Current
Michaël De Neef
Managing director · in office according to the act of 12-01-2023
Current

Owners and capital

Shareholders

1 owner

Chain of control

  1. ISIDORA 96%
  2. ETEC

Owners 1

Mandate history

3 people, 3 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Barbara De Neef
  • Director, since before 12-01-2023
Marguerite Beckers
  • Director, since before 12-01-2023
  • Managing director, since before 12-01-2023
Michaël De Neef
  • Director, since before 12-01-2023
  • Managing director, since before 12-01-2023
See the board, name and registered office on a given date →

Network & group

Connections & network

3 current directors
Depth

The network starts from the directors of ETEC. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-01-2027
2025
15-12
NBB filing Annual accounts 2025 filedPDF
abbreviated format · 47 days before the deadline
2024
06-12
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 56 days before the deadline
2023
11-12
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 51 days before the deadline
30-06
Financial Highest result from 2019 to 2025net €237,415 ▲265%
The operating result of €292,872 and the net result of €237,415 are both a record.
30-06
Financial Equity above €1mequity €1.1m ▲9%
With a profit in every financial year since 2019, equity grows to €1.1m.
12-01
Gazette deed Reappointments: Barbara De Neef, Marguerite Beckers and Michaël De Neef
6 points ▸
  • General meeting, 06-12-2022
  • Director reappointment, Barbara De Neef (director)
  • Director reappointment, Marguerite Beckers (director)
  • Director reappointment, Michaël De Neef (director)
  • Director reappointment, Marguerite Beckers (managing director)
  • Director reappointment, Michaël De Neef (managing director)

Open the act in the Belgian Official Gazette

2022
09-12
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 53 days before the deadline
12-01
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 19 days before the deadline
2021
08-01
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 23 days before the deadline
2019
18-12
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 44 days before the deadline
2018
06-12
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 56 days before the deadline
2017
08-12
NBB filing Annual accounts 2017 filedPDF
micro format · 54 days before the deadline
2016
13-12
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 49 days before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 3 October 1960, ETEC was incorporated.1 Total assets went from €1.4m in 2019 to €2.2m in 2025 and headcount from 10 to 5.1 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Register details

Identity

KBO record
Name ETEC in Dutch
Enterprise number 0404.297.978
Legal form Public limited company
Status Active, normale toestand
Founded 03-10-1960
Entity type Legal entity

Registered office and establishments

Registered office Terbekehofdreef 50-52, 2610 Antwerpen, Belgium
Establishment unit ETEC NV, Terbekehofdreef 50 5, 2610 Antwerpen since 01-11-1960 · unit number 2.005.405.615

Activities

NACEBEL 2025
VAT activities
43990 Other specialised construction activities main activity
43230 Insulation installation
Social security (RSZ) activities
43990 Other specialised construction activities main activity
Codes under NACEBEL 2008
VAT activities
43999 Specialised construction activities main activity
43291 Specialised construction activities
Social security (RSZ) activities
43999 Specialised construction activities main activity
Codes under NACEBEL 2003
VAT activities
45320 main activity
Social security (RSZ) activities
45250 main activity
Joint committees 124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden annual accounts 30-06-2024

Invoicing and payment

VAT number BE 0404.297.978
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0404297978
Registered 13-05-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0404.297.978

Financial year and general meeting

Accounts at the NBB
Financial year end 30-06

Recognitions · licences · registrations

Recognised contractor

4 categories
ETEC NVapproval number 23744
  • D General building contractsclass 3, up to €600,000
  • D1 All shell construction and roofing-in of buildingsclass 3, up to €600,000
  • G General earthworks contractsclass 3, up to €600,000
  • G2 Drainage worksclass 3, up to €600,000
decision 04-06-2024

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
1.2 ha
Building footprint
4,228 m²
Building volume
23,148 m³
Cadastral parcel Region Area Buildings Height / floors
11463D0197/00L000 Flanders 1.2 ha 1 · 4,228 m² 7.0 m · 2