Equity
€2.05bn ▼ 0.7%
ETEX paid out €85.3m in dividends. That is 292% of the 2025 profit.
ETEX
Lifetime
19 annual accounts with figures on one time axis, 49 filings since 1977peak €60.0m (2021)
€58.7m▲ 10.3%
lowest -€2.1m (2017)
€29.2m▼ 81.7%
peak €2.07bn (2024)
€2.05bn▼ 0.7%
€1.26bn▼ 2.5%
peak 102.6 FTE (2024)
100.5 FTE▼ 2.0%
Board68 names since 2003all names
9 directorsMucH and 8 others
Owners18 names in the annual accountsall names
42.69%Stichting Jekbouw and 4 others
Documentsfilings and deeds
08-06-202653 days before the deadline
2025financial year
Result from €159.2m to €29.2mPowers of attorney: BCCONSEIL SRL, Melchior de Vogüé and 9 ot… 30-10Merger: ETEX takes over ETEXCO 20-082 directors appointed, 1 resignation, 2 reappointments 17-06Merger proposal: ETEX takes over ETEXCO 06-06Dividend €85.3m
Key points
from the 2025 annual accountsResult
€29.2m ▼ 81.7%
The result fell in 2025: merger with ETEXCO.
Staff
102 employees on 31-12-2025
In 2025, 24 people joined and 33 left.
Payment terms
59 days to suppliers
ETEX pays its suppliers 53 days earlier than in 2024. Customers pay 67 days later.
At the same address
33 companies
Group
44 companies controlled
Heads a group. Known shareholders 58.92%.
Financial institution: outside the modelBankruptcy probability: sector outside the modelStandalone figures, without subsidiaries
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal, which does not raise the risk
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
53 days early
2024
43 days early
2023
51 days early
2022
55 days early
2021
38 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 48 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
and 4 others
- Stichting Jekbouw 42.69%annual accounts 2025
- ABDEN AG c/o Fundationsanstalt 10.59%annual accounts 2025
- ETERNIT 5.31%score 89equity €171.2m (2025) · annual accounts 2025
Shares in 36 companies, including Eternit Investment and Etex Holding Denmark ApS
Board & ownershipRecent changes
Permanent representative: Bernard Delvaux
Appointment: BCCONSEIL SRL (executive director and cEO) · Board meeting of 02-04-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0400454404
Merger: ETEX takes over ETEXCO
Board meeting of 24-07-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ETEX Zaventem | €58.7m | 2.9% | 61.7% | 100.5 |
| INTERNATIONAL POWER Brussels | €34.6m | - | 98.8% | 171.9 |
| Cera Leuven | €19.7m | - | 98.8% | 45.9 |
| Belgische Scheepvaartmaatschappij-Compagnie Maritime Belge Antwerp | €96.2m | 10.7% | 67.4% | 38 |
| EDENRED BELGIUM Auderghem | €139.2m | 21.2% | 37.8% | 185.6 |
| Perrigo Holding Ghent | €48.4m | 27.6% | 93.2% | 37.7 |
| ENODIA Liège | - | - | 88.5% | 170.9 |
Grey: the largest companies of the sector (financial services (NACE 64)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ETEX: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €879m and €3.7bn, founded between 1895 and 1987.
Official details
Source: KBO- Status
- Active since 02-06-1947Normal situation
- Registered office
- 63 active companies are registered at this address7 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Activities of holding companiesNACE 64210and 1 other
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment units
- 2.004.692.0701930 Zaventem, since 01-08-1947
- 2.269.831.0782830 Willebroek, since 03-11-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 02-10-2025
Annual accounts 2025
- €3.33bn▼ 1.5%
- Employeeson 31-12-2025
- 102▼ 8.1%
- Filing
- Filed on 08-06-2026, 53 days before the end of the filing period
Companies linked to ETEX
Subsidiaries and holdings
Insights on ETEX
ETEX has existed since 1947. Turnover grew from €9.0m in 2007 to €58.7m in 2025 and staff from 10.9 to 100.5 full-time equivalents.
In July 2022, the Official Gazette published the appointment of BCCONSEIL SRL as managing director.
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 ETEX
- What is the company number of ETEX?
- The company number of ETEX is 0400.454.404. The VAT number is the same number with BE in front: BE 0400.454.404.
- Where is ETEX based?
- The registered office is at Luchthaven Brussel Nationaal 1 K, 1930 Zaventem.Company details
- What does ETEX do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of ETEX?
- ETEX is a public limited company (NV).
- When was ETEX founded?
- ETEX was founded on 02-06-1947.
- Is ETEX still active?
- Yes, ETEX is an active enterprise in the KBO register.
- How many employees does ETEX have?
- ETEX had an average of 100.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ETEX fall under?
- In its 2025 annual accounts, ETEX states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of ETEX?
- The turnover of ETEX was €58.7m in financial year 2025, according to the filed annual accounts.
- Is ETEX profitable?
- In financial year 2025, ETEX made a profit of €29.2m.
- Where can I find the annual accounts of ETEX?
- ETEX filed 83 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ETEX due?
- ETEX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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