Summary
ETHICO 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 €1.5m and a net result of €755,350. Equity is growing by about 107% per year across the filed financial years. Its solvency ranks better than 69% of 9,728 sector peers (NACE 64, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
18-09
Gazette deed
Appointment: Debbie Palmers (director)2 facts ▸
Gazette deed
Appointment: Debbie Palmers (director)
2 facts ▸
- General meeting, 01-09-2026
- Director appointment, Debbie Palmers (director (not named in the articles))
29-01
NBB filing
Annual accounts filed
financial year 2025 · micro format
2025
30-06
Financial
Highest result from 2020 to 2025net €755,350 ▲72.1%
Operating result €146,027, net result €755,350, both a record.
30-06
Financial
Equity above €1mequity €1.5m ▲107%
A profit in every financial year since 2020 builds equity to €1.5m.
29-01
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
30-06
Financial
Liquidity more than quadruplescurrent ratio 3.49
Current ratio from 0.84 to 3.49; short-term debt falls from €245,074 to €139,730.
30-06
Financial
Equity above €500,000equity €707,049 ▲164%
A profit in every financial year since 2020 builds equity to €707,049.
29-01
NBB filing
Annual accounts filed
financial year 2023 · micro format
2023
30-06
Financial
Equity above €200,000equity €268,170 ▲177%
A profit in every financial year since 2020 builds equity to €268,170.
30-01
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
26-01
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
30-06
Financial
Weakest financial yearnet €2,974 ▼95.2%
Net result drops to €2,974, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity more than triplescurrent ratio 9.80
Current ratio from 2.75 to 9.80; short-term debt falls from €31,793 to €6,836.
2020
29-12
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 3 deeds read
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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