ETEC ENGINEERING (0736.417.268): financials and annual accounts

ETEC ENGINEERING

Lokeren ·KBO/BCE: BE 0736.417.268

Line	2025	2024	2023	2022	2021	2020
Balance sheet: assets
Total assets`20/58`	397,115	225,902	211,305	96,762	83,620	94,946
Fixed assets`21/28`	298,786	75,841	96,069	20,785	32,187	42,144
Tangible fixed assets`22/27`	298,741	75,796	96,024	20,740	32,142	42,099
Land and buildings`22`	240,706	-	-	-	-	-
Plant, machinery and equipment`23`	863	-	-	-	-	-
Furniture and vehicles`24`	57,172	75,796	96,024	20,740	32,142	42,099
Financial fixed assets`28`	45	45	45	45	45	45
Current assets`29/58`	98,329	150,061	115,236	75,977	51,433	52,802
Amounts receivable within one year`40/41`	19,972	21,390	31,853	30,888	27,786	27,427
Trade receivables`40`	18,675	18,227	30,759	30,888	27,669	27,427
Other amounts receivable`41`	1,297	3,163	1,094	-	117	-
Cash at bank and in hand`54/58`	74,678	125,164	78,985	43,055	20,285	22,099
Deferred charges and accrued income`490/1`	3,679	3,507	4,398	2,034	3,362	3,276
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	397,115	225,902	211,305	96,762	83,620	94,946
Equity`10/15`	121,971	121,971	111,001	64,658	38,494	24,263
Contributions`10/11`	4,000	4,000	4,000	4,000	4,000	4,000
Reserves`13`	117,971	117,971	107,001	60,658	34,494	20,263
Distributable reserves`133`	117,971	117,971	107,001	60,658	34,494	20,263
Amounts payable`17/49`	275,144	103,931	100,304	32,104	45,126	70,683
Amounts payable after more than one year`17`	181,035	38,976	51,264	-	11,006	24,092
Financial debts`170/4`	181,035	38,976	51,264	-	11,006	24,092
Amounts payable within one year`42/48`	91,742	62,964	47,126	30,291	32,813	46,585
Current portion of amounts payable after more than one year`42`	21,521	18,040	17,012	13,023	14,595	12,956
Trade debts`44`	3,426	2,888	2,748	2,773	2,595	20,418
Suppliers`440/4`	3,426	2,888	2,748	2,773	2,595	20,418
Taxes, remuneration and social security`45`	11,458	11,957	19,692	13,535	14,823	12,348
Taxes`450/3`	11,458	11,957	19,692	13,535	14,823	12,348
Other amounts payable`47/48`	55,337	30,079	7,674	960	800	863
Accrued charges and deferred income`492/3`	2,367	1,991	1,914	1,813	1,307	6
Income statement
Gross operating margin`9900`	98,139	79,133	79,759	51,896	34,423	44,975
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	21,740	20,228	3,285	11,402	11,097	13,014
Other operating charges`640/8`	1,328	1,127	1,282	1,491	671	1,294
Operating profit (loss)`9901`	75,071	57,778	75,192	39,003	22,655	30,667
Financial income`75/76B`	-	-	-	-	-	1
Recurring financial income`75`	-	-	-	-	-	1
Financial charges`65/66B`	3,895	2,972	938	415	453	537
Recurring financial charges`65`	3,895	2,972	938	415	453	537
Profit (loss) for the period before taxes`9903`	71,176	54,806	74,254	38,588	22,202	30,131
Income taxes`67/77`	15,913	13,836	20,411	11,624	7,171	9,068
Profit (loss) for the period`9904`	55,263	40,970	53,843	26,964	15,031	21,063
Profit (loss) for the period to be appropriated`9905`	55,263	40,970	53,843	26,964	15,031	21,063
Appropriation of the result
Profit (loss) to be appropriated`9906`	55,263	40,970	53,843	26,964	15,031	21,063
Transfer from equity`791/2`	55,263	30,000	7,500	-	-	-
Transfer to equity`691/2`	55,263	40,970	53,843	26,164	14,231	20,263
To other reserves`6921`	55,263	40,970	53,843	26,164	14,231	20,263
Profit to be distributed`694/7`	55,263	30,000	7,500	800	800	800
Return on contributions (dividend)`694`	55,263	30,000	7,500	800	800	800
Document	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	27-04-2026	2026-00088205	PDF
31-12-2024	micro format	22-06-2025	2025-00161717	PDF
31-12-2023	micro format	25-06-2024	2024-00167681	PDF
31-12-2022	micro format	22-06-2023	2023-00146152	PDF
31-12-2021	micro format	24-06-2022	2022-20089098	PDF
31-12-2020	micro format	28-06-2021	2021-25600104	PDF

Line	2025	2024	2023	2022	2021	2020
EBITDA	96,811	78,006	78,477	50,405	33,752	43,681
Cash flow	77,003	61,198	57,128	38,366	26,128	34,077
Investment in fixed assets (approximation)	244,685	0	97,582	0	1,140	55,158
Change in cash	-50,486	46,179	35,930	22,770	-1,814	-
Working capital	6,587	87,097	68,110	45,686	18,620	6,217
Solvency	30.7%	54.0%	52.5%	66.8%	46.0%	25.6%
Current ratio	1.07	2.38	2.45	2.51	1.57	1.13
Debt to equity	2.26	0.85	0.90	0.50	1.17	2.91
ROE	45.3%	33.6%	48.5%	41.7%	39.0%	86.8%
ROA	13.9%	18.1%	25.5%	27.9%	18.0%	22.2%
Interest coverage	24.86	26.25	83.66	over 100	74.51	-

Item	2025	2024	2023	2022	2021
Mortgages, amount registered	€44,000	-	-	-	-
Mortgage mandates	€125,000	-	-	-	-
Carrying value of the mortgaged assets	€240,706	-	-	-	-
Pledge on other assets, amount secured	€38,976	€51,264	€63,041	€19,013	€29,026
Carrying value of the other pledged assets	€55,782	€75,169	€63,041	€19,013	€29,629

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€244,685	-	€97,582	-	€1,140
Depreciation and write-downs of the year	€21,740	€20,228	€3,285	€11,402	€11,097

ETEC ENGINEERING

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency30.7%

Current ratio1.07

Return on assets13.9%

Filed annual accounts

Filings

Key figures and ratios

Overdue debts

Securities and guarantees

Investments

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