ETEE
Annual accounts 2025
micro format, filed on 30-01-2026, 1 day before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €100,000. Estimated: probably between €60,000 and €140,000.
Balance sheet
balance sheet total €104,394 on 30-06-2025in euro
in euro
Position in the sector
14.6%
Higher than 20% of 39,360 companies in 2025.
1.02
Higher than 25% of 38,044 companies in 2025.
16.9%
Higher than 54% of 38,516 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
104,394 | 99,882 | 42,447 | 40,220 | |
21/28 |
26,629 | 35,128 | 16,814 | 13,504 | |
22/27 |
14,128 | 22,627 | 4,313 | 1,004 | |
22 |
2,255 | 2,431 | 1,378 | - | |
23 |
0 | 206 | 605 | 1,004 | |
24 |
11,873 | 19,990 | 2,330 | - | |
28 |
12,501 | 12,501 | 12,501 | 12,500 | |
29/58 |
77,765 | 64,754 | 25,633 | 26,716 | |
40/41 |
51,037 | 18,124 | 25,617 | 6,435 | |
40 |
15,676 | 13,817 | 25,617 | 6,435 | |
41 |
35,361 | 4,307 | - | - | |
54/58 |
26,306 | 45,971 | 16 | 20,237 | |
490/1 |
423 | 659 | - | 44 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
104,394 | 99,882 | 42,447 | 40,220 | |
10/15 |
15,288 | 52,643 | 17,061 | 13,062 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | |
10 |
- | 3,000 | 3,000 | 3,000 | |
100 |
- | 3,000 | 3,000 | 3,000 | |
13 |
300 | 300 | 300 | 300 | |
130/1 |
300 | 300 | 300 | 300 | |
130 |
- | 300 | 300 | 300 | |
1311 |
300 | - | - | - | |
14 |
11,988 | 49,343 | 13,761 | 9,762 | |
17/49 |
89,105 | 47,239 | 25,386 | 27,158 | |
17 |
13,125 | 21,888 | 9,325 | 11,420 | |
170/4 |
13,125 | 21,888 | 9,325 | 11,420 | |
42/48 |
75,980 | 25,351 | 16,061 | 15,738 | |
42 |
8,764 | 8,418 | 2,095 | 2,059 | |
44 |
466 | 1,141 | 1,444 | 272 | |
440/4 |
466 | 1,141 | 1,444 | 272 | |
45 |
11,750 | 15,792 | 11,679 | 13,407 | |
450/3 |
11,750 | 15,792 | 8,624 | 13,407 | |
454/9 |
- | - | 3,055 | - | |
47/48 |
55,000 | - | 843 | - | |
| Income statement | |||||
9900 |
34,379 | 55,182 | 7,132 | 14,384 | |
630 |
9,804 | 8,775 | 880 | 193 | |
640/8 |
872 | 62 | 62 | 50 | |
9901 |
23,703 | 46,345 | 6,191 | 14,141 | |
75/76B |
1,046 | 234 | - | - | |
75 |
1,046 | 234 | - | - | |
65/66B |
1,104 | 1,304 | 425 | 272 | |
65 |
1,104 | 1,304 | 425 | 272 | |
9903 |
23,646 | 45,275 | 5,766 | 13,868 | |
67/77 |
6,000 | 9,694 | 1,766 | 3,807 | |
9904 |
17,646 | 35,581 | 4,000 | 10,062 | |
9905 |
17,646 | 35,581 | 4,000 | 10,062 | |
| Appropriation of the result | |||||
9906 |
66,988 | 49,343 | 13,761 | 10,062 | |
14P |
49,343 | 13,761 | 9,762 | - | |
691/2 |
- | - | - | 300 | |
6920 |
- | - | - | 300 | |
694/7 |
55,000 | - | - | - | |
694 |
55,000 | - | - | - | |
| Document | |||||
The notes to these accounts have 9 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 30-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 33,508 | 55,120 | 7,070 | 14,334 | ||
| 27,450 | 44,356 | 4,879 | 10,255 | ||
| 1,305 | 27,089 | 4,190 | 13,697 | ||
| -19,666 | 45,955 | -20,221 | - | ||
| 1,785 | 39,403 | 9,572 | 10,978 | ||
| 14.6% | 52.7% | 40.2% | 32.5% | ||
| 1.02 | 2.55 | 1.60 | 1.70 | ||
| 5.83 | 0.90 | 1.49 | 2.08 | ||
| 115.4% | 67.6% | 23.4% | 77.0% | ||
| 16.9% | 35.6% | 9.4% | 25.0% | ||
| 30.35 | 42.28 | 16.63 | 52.66 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Debts guaranteed by Belgian public bodies | - | €12,501 | €12,501 | €12,500 |
| €12,501 | €12,501 | - | €12,500 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €1,305 | €27,089 | €4,189 | €1,197 |
| Financial fixed assets | - | - | €1 | €12,500 |
| €9,804 | €8,775 | €880 | €193 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on ETEE
The operating result for 2025 is 49% lower than in 2024.
Debt's share of the balance-sheet total rises from 47.3% to 85.4%. Equity is lower and debt is higher.