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ETEX

Active Risk: not assessed
Public limited companyfounded 1947active for 79 yearsLuchthaven Brussel Nationaal 1 K, 1930 Zaventem, BelgiumKBO/BCE: BE 0400.454.404
Summary

ETEX is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.05bn and a net result of €29.2m. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 50% of 3,010 sector peers (NACE 64, financial year 2025). The company has been active since 1947 and the Belgian Official Gazette contains no insolvency or warning signals.

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ETEXActive
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Group and network

Heads the group ETEX 37 companies Group, risk and exposure

Holdings and subsidiaries

36 holdings · 44 subsidiaries in the tree

Holdings 36

Show 26 more holdings
Stated earlier (1)

An older source named these holdings; newer accounts no longer list them.

All subsidiaries, including indirect ones 44

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

  • Eternit InvestmentLU 100%
  • Etex Holding Denmark ApSDK 100%
  • Etex Holding GmbHDE 100%
  • Etex Holding UK Insulation Ltd - known as Superglass Holdings LtdGB 100%
  • URSA (Insmat) Holdings GmbHDE 100%
  • ETEX BUILDING PERFORMANCE 99.99%13 subsidiaries
    • Etex Bulgaria EOODBG 100%
    • Promat (UK) Holdings LtdGB 100%
    • Promat d.o.o.SI 100%
    • Promat Ibérica S.A.ES 100%
    • Promat IncUS 100%
    • Promat International Asia Pacific ltdHK 100%
    • Promat Japan CorporationJP 100%
    • Promat S.p.A.IT 100%
    • Promat UK LtdGB 100%
    • PROMAT RESEARCH AND TECHNOLOGY CENTRE 99.99%
    • Promat SROCZ 98%
    • Drumarkon International B.V.NL 82.5%
    • PROMAT UK LIMITEDGB consolidated
  • MeriluxLU 99.99%
  • Inversiones Etex Chile LtdaCL 89.62%
  • ETEX SERVICES 84.1%
  • ALMERIA GYPSUM SAES consolidated
  • ETERNIT MANAGEMENT HOLDING GMBHDE consolidated
  • ETEX BUILDING PERFORMANCE INTERNATIONALFR consolidated
  • ETEX BUILDING PERFORMANCE LIMITEDGB consolidated
  • ETEX BUILDING PERFORMANCE S.A.RO consolidated
  • Etex FinanceLU consolidated
  • ETEX FRANCE BUILDING PERFORMANCEFR consolidated
  • Etex Germany Exteriors GmbHDE consolidated
  • ETEX HOLDING VERMÖGENSVERWALTUNGS GMBH & CO. KGDE consolidated
  • Etex Luxembourg S.A.LU consolidated
  • ETEX NORDIC A/SDK consolidated
  • ETEX POLAND SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄPL consolidated
  • MARETEX S.A.LU consolidated
  • MARLEY LIMITEDGB consolidated
  • Merilux S.à r.l.LU consolidated
  • MICROTHERM consolidated
  • PAPETERIE DE BEGLESFR consolidated
  • PLADUR GYPSUM SAES consolidated
  • PROMAT IBERICA SAES consolidated
  • PROMAT INC.US consolidated
  • URSA POLSKA SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄPL consolidated
  • ايتيكس ميدل ايست ش.ذ.م.مAE consolidated

According to the 2025 annual accounts of ETEX and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

70 connected companies
Depth
Bernadette Spinoy, Shared director, links 2 companies BSBernadetteSpinoyCentre Mondial de l'Automobile - Wereldautomobielcentrum, via Bernadette Spinoy CMCentre Mondialde…Energia, via Bernadette Spinoy EEnergiaYves Kerstens, Shared director, links 2 companies YKYves KerstensAGORIA, via Yves Kerstens AAGORIANV BEKAERT SA, via Yves Kerstens NBNV BEKAERT SAAsh Neil, Shared director ANAsh NeilAssociation des industries européennes du plâtre, via Ash Neil ADAssociationdes…FRIEDRICHS Jochen, Shared director FJFRIEDRICHSJochenPatrick Balemans, Shared director PBPatrick BalemansBelgische Bouwmaterialen Producenten - Producteurs Belges de Matériaux de Construction, via Patrick Balemans BBBelgischeBouwmaterialen…+20 companies via a shared director +20via a shareddirectorALIAXIS, 3 shared directors AALIAXISBELGIAN INTERNATIONAL CARPET C°, Shared director BIBELGIANINTERNATIONAL…ETEX ETEX0400.454.404
Shared directorsBundled connections
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Centre Mondial de l'Automobile - Wereldautomobielcentrum
via Bernadette Spinoy · Director
→
Energia
via Bernadette Spinoy · Director
→
AGORIA
via Yves Kerstens · Director
former→
Association des industries européennes du plâtre
via FRIEDRICHS Jochen and Ash Neil · Director
former→
Show 66 more companies with a shared director
Belgische Bouwmaterialen Producenten - Producteurs Belges de Matériaux de Construction
via Patrick Balemans · Director
former→
NV BEKAERT SA
via Yves Kerstens · Chief executive officer en lid van het executive management/lid directiecomité
former→
ALIAXIS
Shared director
→
BASF Antwerpen
Shared director
→
BELGIAN INTERNATIONAL CARPET C°
Shared director
→
Belgische Scheepvaartmaatschappij-Compagnie Maritime Belge
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BESIX Group
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BioSenic
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DOLOMIES DE MARCHE-LES-DAMES
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ENDO TOOLS THERAPEUTICS
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EXMAR
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Fondation Roi Baudouin
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FONDS BAILLET LATOUR
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FONDS VERHELST
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→
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GESTONE 1
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GESTONE 2
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IMEC International
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INNO.COM
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Shared director
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ISTAR MEDICAL
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IVC
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JoVB
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KBC ASSURANCES
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KBC Bank
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KBC Global Services
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KBC Groupe
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LHOIST
Shared director
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LHOIST RECHERCHE ET DEVELOPPEMENT
Shared director
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MEDIAHUIS
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→
Mediahuis Partners
Shared director
→
MIDELCO
Shared director
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Oxurion
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→
PENSIOENFONDS INBEV - KADERLEDEN
Shared director
→
PENTAHOLD
Shared director
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Plateau96
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PUBSTONE
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→
PUBSTONE GROUP
Shared director
→
Smartphoto group
Shared director
→
The Shift
Shared director
→
TOWNHALL EUROPE – Davignon Centre for New Leadership
Shared director
→
Trias BEL Souverain - T
Shared director
→
U C B
Shared director
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UCO
Shared director
→
UMICORE
Shared director
→
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Shared director
→
VLERICK RESEARCH
Shared director
→
World Wide Fund for Nature - Belgium
Shared director
→
ADVANCED MECHANICAL AND OPTICAL SYSTEMS
Shared corporate director
→
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Shared corporate director
→
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Shared corporate director
→
ECS LOGISTICS GROUP
Shared corporate director
→
EIT FOOD
Shared corporate director
→
EVS BROADCAST EQUIPMENT
Shared corporate director
→
Floridienne
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→
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Shared corporate director
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NYOTA HOLDING
Shared corporate director
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ROYAL SPORTING CLUB ANDERLECHT
Shared corporate director
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VANBREDA RISK & BENEFITS
Shared corporate director
→

Acquisitions and mergers

3 transactions
Took over:ETEXCO
BE 0860.004.176operation treated as a merger by absorption · Gazette deed of 20-08-2025 (2 acts) · effective 31-07-2025
Took over:ETEX GROUP
merger by absorption · Gazette deed of 26-06-2003
Split off to:ALIAXIS
partial demerger · Gazette deed of 26-06-2003 · effective 01-01-2003

Group per the LEI register

1 branch
Foreign branch:CREATON Produktions GmbH
Wertingen, Germany · LEI lapsed

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