Equity
€80,752 ▲ 4.2%
ETEC SYSTEMS has made a profit without a break since 2022.
ETEC SYSTEMS
Lifetime
19 annual accounts with figures on one time axispeak €129,051 (2007)
€24,494▼ 66.2%
lowest -€32,300 (2018)
€3,222▼ 91.4%
peak €113,828 (2008)
€80,752▲ 4.2%
€133,453▲ 13.5%
peak 0.5 FTE (2019)
-not published
Board2 names since 2007
1 director
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €72,484 to €24,494Result from €37,356 to €3,222Resignation: (director) 05-03Amendment of the articles · Legal-form change · Resignations… 08-01
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 10,902 companies had the same profile as ETEC SYSTEMS has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
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.
| 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 10,902 companies, not a prediction for ETEC SYSTEMS. 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
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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0886735495
Resignation: (director)
General meeting of 01-09-2024 · Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 20-12-2024 · Gazette deed
Appointment: (manager)
General meeting of 01-11-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ETEC SYSTEMS Balen | €214,204 | €24,494 | 37.7% | - |
| VAN WEZER ELEKTRICITEIT Essen | €177,836 | €25,306 | 98.0% | - |
| KUNDALINI TECHNICS Roeselare | €213,115 | €24,364 | 21.9% | - |
| CAMO SYSTEM Libramont-Chevigny | €225,276 | €21,869 | 99.3% | - |
| MARC VANDEN HEEDE Zulte | €184,721 | €26,266 | 79.9% | - |
| Wante Kris Berlare | €192,940 | €28,260 | 91.7% | - |
| LEOCATA CARMELO Namur | €245,331 | €22,679 | 34.7% | - |
These companies have the same main activity as ETEC SYSTEMS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €178,000 and €245,000, founded between 2005 and 2008.
Official details
Source: KBO- Status
- Active since 25-01-2007Normal situation
- Activity
- General electrical installation workNACE 43211and 1 other
- Joint committee
- 149Sectors related to metal, mechanical and electrical engineering · annual accounts 2024
- Establishment unit
- 2.159.231.1832490 Balen, since 25-01-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 12-12-2025
Insights on ETEC SYSTEMS
ETEC SYSTEMS files the micro format. That format states no turnover. The gross margin fell from €129,051 in 2007 to €24,494 in 2025.
The balance sheet grew most in 2016 through fixed assets.
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 ETEC SYSTEMS
- What is the company number of ETEC SYSTEMS?
- The company number of ETEC SYSTEMS is 0886.735.495. The VAT number is the same number with BE in front: BE 0886.735.495.
- Where is ETEC SYSTEMS based?
- The registered office is at Voetbalstraat 4, 2490 Balen.Company details
- What does ETEC SYSTEMS do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of ETEC SYSTEMS?
- ETEC SYSTEMS is a private limited company (BV).
- When was ETEC SYSTEMS founded?
- ETEC SYSTEMS was founded on 25-01-2007.
- Is ETEC SYSTEMS still active?
- Yes, ETEC SYSTEMS is an active enterprise in the KBO register.
- How many employees does ETEC SYSTEMS have?
- ETEC SYSTEMS had an average of 0.5 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- Which joint committee does ETEC SYSTEMS fall under?
- In its 2024 annual accounts, ETEC SYSTEMS states joint committee 149 (Sectors related to metal, mechanical and electrical engineering).
- What is the turnover of ETEC SYSTEMS?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €24,494 and 97 comparable companies (NACE 43211). It probably lies between €130,000 and €420,000. It is a rough estimate.
- Is ETEC SYSTEMS profitable?
- In financial year 2025, ETEC SYSTEMS made a profit of €3,222.
- Where can I find the annual accounts of ETEC SYSTEMS?
- ETEC SYSTEMS filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ETEC SYSTEMS due?
- ETEC SYSTEMS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.