Eternum
ActiveSummary
Eternum has been active since 1924 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.7m and a net result of €564,932. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 71% of 680 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability66▼-8
Solvency89▼-7
Growth50▼-16
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €700,000 at 30 days acceptable
Liquidity ample (current ratio 2.82 against 3.66 in 2024; short-term debt: 31% and cash: 0.7% of total assets), and 36% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64%
Return on assets
3.7%
Age of the figures
15 mo
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 14-01-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
44 d early
2023
56 d early
2022
15 d early
2021
14 d early
2020
116 d early
2019
106 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 53 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#1 company by equity in the province of Namur, Fabricated metal products sector#1 oldest company in the province of Namur, Fabricated metal products sector#3 company by total assets in the province of Namur, Fabricated metal products sector
Turnover
€16.2m▲ 6.9%
2024 · €15.1m
EBIT margin
7.0%▼ 3.4pp
2024 · 10.4%
Net result
€564,932▼ 41.4%
2024 · €964,205
Working capital
€8.5m▲ 8.4%
2024 · €7.9m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€4.1m▼ 35.6%€12.7m▲ 211%€15.3m▲ 20.1%€15.1m▼ 1.2%€16.2m▲ 6.9%
Operating result€529,724€1.6m▲ 196%€1.2m▼ 22.0%€1.6m▲ 29.1%€1.1m▼ 28.4%
Net result€487,590€1.1m▲ 129%€596,015▼ 46.6%€964,205▲ 61.8%€564,932▼ 41.4%
EBIT margin12.9%▲ 24.4pp12.3%▼ 0.6pp8.0%▼ 4.3pp10.4%▲ 2.4pp7.0%▼ 3.4pp
Equity€6.4m▲ 9.7%€7.5m▲ 17.4%€8.1m▲ 7.9%€9.1m▲ 11.8%€9.7m▲ 6.2%
Total assets€8.8m▼ 4.5%€13.5m▲ 52.3%€15.1m▲ 12.0%€12.9m▼ 14.6%€15.1m▲ 17.5%
Debt€2.2m▼ 28.9%€5.7m▲ 160%€6.7m▲ 18.0%€3.6m▼ 46.9%€5.2m▲ 44.9%
Working capital€5.4m▲ 6.8%€6.6m▲ 23.1%€6.8m▲ 2.6%€7.9m▲ 15.4%€8.5m▲ 8.4%
Staff (FTE)22.7▼ 5.8%22.4▼ 1.3%24▲ 7.1%21.6▼ 10.0%20.4▼ 5.6%
Why a figure moved sharply
- 2022 Turnover +211%, Net result +129% on 2021. The previous fiscal year ran 6 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.1m
Fixed assets
€1.9m ▼ 7.1%
Current assets
€13.2m ▲ 22.2%
Equity and liabilities €15.1m
Equity
€9.7m ▲ 6.2%
Provisions
€257,761 ▲ 39.7%
Debt
€5.2m ▲ 44.9%
Debt's share of the balance-sheet total rises from 27.8% to 34.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.3m▼
2024 · €1.7m
Cash flow
€718,577▼
2024 · €1.1m
Current ratio
2.82▼
2024 · 3.66
Quick ratio
0.88▼
2024 · 1.34
Debt to equity
0.54▲
2024 · 0.39
ROE
5.8%▼
2024 · 10.6%
ROA
3.7%▼
2024 · 7.5%
Interest coverage
9.10▲
2024 · 8.57
Debt ≤ 1 year
€4.7m▲
2024 · €3.0m
Debt > 1 year
€442,108▼
2024 · €526,481
Income taxes
€216,349▼
2024 · €358,818
Staff costs
€1.4m▼
2024 · €1.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,684 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €12.9m | €15.5m | €15.3m | €16.3m | ▲ 6.7% |
| Turnover70 | €4.1m | €12.7m | €15.3m | €15.1m | €16.2m | ▲ 6.9% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | €0 | - | - | - | - |
| Other operating income74 | - | €93,292 | €149,385 | €123,986 | €100,746 | ▼ 18.7% |
| Non-recurring operating income76A | - | €28,815 | €2,115 | €1,500 | €1,230 | ▼ 18.0% |
| Operating charges60/66A | - | €11.3m | €14.2m | €13.7m | €15.1m | ▲ 10.8% |
| Goods for resale, raw materials and consumables60 | - | €7.2m | €9.2m | €9.0m | €10.2m | ▲ 13.5% |
| Purchases600/8 | - | €9.7m | €11.7m | €7.2m | €12.5m | ▲ 73.2% |
| Change in stocks: decrease (increase)609 | - | -€2.6m | -€2.6m | €1.7m | -€2.4m | ▼ 237% |
| Services and other goods61 | - | €2.7m | €3.2m | €3.0m | €2.9m | ▼ 0.6% |
| Remuneration, social security and pensions62 | - | €1.5m | €1.5m | €1.5m | €1.4m | ▼ 5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64,506 | €132,621 | €149,807 | €152,473 | €153,645 | ▲ 0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€230,669 | €190,234 | €14,399 | €409,516 | ▲ 2,744% |
| Other operating charges640/8 | - | €27,488 | €34,873 | €34,014 | €49,037 | ▲ 44.2% |
| Non-recurring operating charges66A | - | €0 | - | €49,590 | €0 | ▼ 100% |
| Operating profit (loss)9901 | €529,724 | €1.6m | €1.2m | €1.6m | €1.1m | ▼ 28.4% |
| Financial income75/76B | - | €86,190 | €71,999 | €93,978 | €37,270 | ▼ 60.3% |
| Recurring financial income75 | €66,039 | €86,190 | €71,999 | €93,978 | €37,270 | ▼ 60.3% |
| Other financial income752/9 | - | €86,190 | €71,999 | €93,978 | €37,270 | ▼ 60.3% |
| Financial charges65/66B | - | €217,484 | €479,784 | €360,188 | €397,179 | ▲ 10.3% |
| Recurring financial charges65 | €112,949 | €217,484 | €479,784 | €360,188 | €397,179 | ▲ 10.3% |
| Debt charges650 | €20,204 | €33,233 | €177,298 | €201,829 | €141,074 | ▼ 30.1% |
| Other financial charges652/9 | - | €184,251 | €302,485 | €158,359 | €256,105 | ▲ 61.7% |
| Profit (loss) for the period before taxes9903 | €482,813 | €1.4m | €814,260 | €1.3m | €770,096 | ▼ 41.3% |
| Transfer from deferred taxes780 | - | €11,184 | €11,184 | €11,184 | €11,184 | = |
| Income taxes67/77 | €815 | €329,423 | €229,429 | €358,818 | €216,349 | ▼ 39.7% |
| Taxes670/3 | - | €329,423 | €230,645 | €358,818 | €216,349 | ▼ 39.7% |
| Tax adjustments and reversals of tax provisions77 | - | - | €1,215 | €0 | - | - |
| Profit (loss) for the period9904 | €487,590 | €1.1m | €596,015 | €964,205 | €564,932 | ▼ 41.4% |
| Transfer from tax-exempt reserves789 | - | €33,553 | €33,553 | €33,553 | €33,553 | = |
| Profit (loss) for the period to be appropriated9905 | €504,367 | €1.2m | €629,569 | €997,758 | €598,485 | ▼ 40.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.8m | €13.5m | €15.1m | €12.9m | €15.1m | ▲ 17.5% |
| Fixed assets21/28 | €2.3m | €2.1m | €2.2m | €2.1m | €1.9m | ▼ 7.1% |
| Intangible fixed assets21 | - | - | €49,590 | €0 | - | - |
| Tangible fixed assets22/27 | €2.3m | €2.1m | €2.2m | €2.1m | €1.9m | ▼ 7.1% |
| Land and buildings22 | - | €2.1m | €2.1m | €1.9m | €1.8m | ▼ 5.5% |
| Plant, machinery and equipment23 | - | €23,111 | €36,684 | €24,586 | €21,959 | ▼ 10.7% |
| Furniture and vehicles24 | - | €14,943 | €101,804 | €97,317 | €60,175 | ▼ 38.2% |
| Current assets29/58 | €6.6m | €11.3m | €12.8m | €10.8m | €13.2m | ▲ 22.2% |
| Stocks and contracts in progress3 | €3.7m | €6.5m | €8.8m | €6.9m | €9.1m | ▲ 32.7% |
| Stocks30/36 | - | €6.5m | €8.8m | €6.9m | €9.1m | ▲ 32.7% |
| Raw materials and consumables30/31 | - | €103,732 | €102,000 | €67,005 | €72,015 | ▲ 7.5% |
| Goods purchased for resale34 | - | €6.4m | €8.7m | €6.8m | €9.0m | ▲ 32.9% |
| Amounts receivable within one year40/41 | €2.6m | €3.7m | €3.3m | €3.2m | €3.8m | ▲ 18.0% |
| Trade receivables40 | - | €3.7m | €3.3m | €3.2m | €3.6m | ▲ 11.9% |
| Other amounts receivable41 | - | €1,437 | €70,060 | €6,720 | €203,833 | ▲ 2,933% |
| Cash at bank and in hand54/58 | €286,285 | €615,613 | €272,949 | €322,000 | €101,388 | ▼ 68.5% |
| Deferred charges and accrued income490/1 | - | €549,970 | €378,759 | €421,237 | €219,281 | ▼ 47.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.8m | €13.5m | €15.1m | €12.9m | €15.1m | ▲ 17.5% |
| Equity10/15 | €6.4m | €7.5m | €8.1m | €9.1m | €9.7m | ▲ 6.2% |
| Contributions10/11 | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | = |
| Capital10 | - | €1.6m | €1.6m | €1.6m | €1.6m | = |
| Issued capital100 | - | €1.6m | €1.6m | €1.6m | €1.6m | = |
| Reserves13 | €902,453 | €868,900 | €6.5m | €7.5m | €8.1m | ▲ 7.5% |
| Non-distributable reserves130/1 | - | €164,958 | €164,958 | €164,958 | €164,958 | = |
| Legal reserve130 | - | €160,000 | €160,000 | €160,000 | €160,000 | = |
| Other1319 | - | €4,958 | €4,958 | €4,958 | €4,958 | = |
| Tax-exempt reserves132 | - | €703,942 | €670,389 | €636,836 | €603,282 | ▼ 5.3% |
| Distributable reserves133 | - | - | €5.7m | €6.7m | €7.3m | ▲ 8.9% |
| Profit (loss) carried forward14 | €3.9m | €5.1m | €0 | - | - | - |
| Provisions and deferred taxes16 | €218,096 | €206,912 | €195,727 | €184,543 | €257,761 | ▲ 39.7% |
| Provisions for liabilities and charges160/5 | - | - | - | - | €84,403 | - |
| Other liabilities and charges164/5 | - | - | - | - | €84,403 | - |
| Deferred taxes168 | - | €206,912 | €195,727 | €184,543 | €173,359 | ▼ 6.1% |
| Amounts payable17/49 | €2.2m | €5.7m | €6.7m | €3.6m | €5.2m | ▲ 44.9% |
| Amounts payable after more than one year17 | €768,112 | €689,439 | €608,910 | €526,481 | €442,108 | ▼ 16.0% |
| Financial debts170/4 | - | €689,439 | €608,910 | €526,481 | €442,108 | ▼ 16.0% |
| Credit institutions173 | - | €689,439 | €608,910 | €526,481 | €442,108 | ▼ 16.0% |
| Amounts payable within one year42/48 | €1.2m | €4.7m | €6.0m | €3.0m | €4.7m | ▲ 58.7% |
| Current portion of amounts payable after more than one year42 | - | €78,673 | €80,529 | €82,429 | €84,373 | ▲ 2.4% |
| Financial debts43 | - | - | €3.0m | €1.8m | €3.4m | ▲ 88.9% |
| Credit institutions430/8 | - | - | €3.0m | €1.8m | €3.4m | ▲ 88.9% |
| Trade debts44 | €759,166 | €2.2m | €1.4m | €909,386 | €1.1m | ▲ 16.2% |
| Suppliers440/4 | - | €2.2m | €1.4m | €909,386 | €1.1m | ▲ 16.2% |
| Advances received on contracts in progress46 | - | €65,890 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €387,325 | €357,214 | €161,457 | €147,077 | ▼ 8.9% |
| Taxes450/3 | - | €253,120 | €228,140 | €15,645 | €12,784 | ▼ 18.3% |
| Remuneration and social security454/9 | - | €134,206 | €129,074 | €145,812 | €134,292 | ▼ 7.9% |
| Other amounts payable47/48 | - | €2.0m | €1.2m | €0 | - | - |
| Accrued charges and deferred income492/3 | - | €313,014 | €100,470 | €104,173 | €62,453 | ▼ 40.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €487,590 | €1.1m | €596,015 | €964,205 | €564,932 | ▼ 41.4% |
| + Depreciation and write-downs630 | €64,506 | €132,621 | €149,807 | €152,473 | €153,645 | ▲ 0.8% |
| Operating cash flow (approximation) | €552,097 | €1.2m | €745,822 | €1.1m | €718,577 | ▼ 35.7% |
| Investment in fixed assets (approximation) | - | €0 | -€267,929 | €21,177 | -€6,400 | ▼ 130% |
| Change in cash | - | €329,327 | -€342,663 | €49,051 | -€220,612 | ▼ 550% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
06-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
16-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Highest result since 2018net €1.1m ▲129%
Net result €1.1m, the highest in the series.
17-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Back to profitnet €487,590
Net result €487,590 after one loss-making year.
06-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet -€880,104
Net result drops to -€880,104, the lowest in the series; recovery starts the following year.
16-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
07-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
15 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gembloux · 1 establishment unit since 1924
Ground area
1.1 ha
Building footprint
864 m²
Parcel 92253D0304/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de la Posterie 19, 5030 Gembloux
since 19242.002.991.602
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92253D0304/00K000 | Wallonia | 1.1 ha | 1 · 864 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
549300VVB1EH8RN0TW67
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Of 734 companies in sector 25610 we hold annual accounts for 409. 106 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded23-12-1924
Fiscal year end30-06
Abbreviation FR
Eternum Inox
Activities, NACEBEL 2025
25610Manufacture of fabricated metal products, except machinery and equipment
Contact
Website
www.eternum.comGembloux
E-mail
info@eternum.comGembloux
Phone
081/612532Gembloux
Fax
081/613300Gembloux
E-invoicing
Reachable via Peppol
Peppol ID
0208:0402546535
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.