ETHNICRAFT
ActiveSummary
The annual accounts of ETHNICRAFT for financial year 2025 show a net loss of 56% of the equity at the start of that year. The 2025 annual accounts show equity of €6.8m and a net result of -€8.5m. Equity grew by about 7% per year on average since 2018. In 2025 it fell by 55.7%. Its solvency ranks better than 34% of 6,182 sector peers (NACE 46, financial year 2025). The company has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Official details
Source: KBO- Status
- Active since 07-06-1996 Normal situation
- Activity
- Wholesale trade NACE 46471and 3 others
- Establishment unit
- 2.077.373.675 2850 Boom, since 07-06-1996
- Financial year end
- 31 December
- Peppol
- Reachable since 14-01-2026
Board and ownership
- D&L INVESTManaging director · permanent representative Loos Benoit
- Auditor
- BDO Bedrijfsrevisoren bv
- D&L INVEST99.64%2025 annual accounts of D&L INVEST
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.0%
- Turnover
- €38.8m
- ▼ 2.4%
- Loss
- €8.5m
- Equity
- €6.8m
- ▼ 55.7%
- Total assets
- €22.1m
- ▼ 20.2%
- Employees on 31-12-2025
- 84
- ▼ 7.7%
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €8.5m (financial year 2025)Liquidity: current ratio 1.38, cash €320,373Size: turnover €38.8m, 82.6 FTE, total assets €22.1mlowers riskLegal form: public limited companyShow the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, medium-sized). It does better than 39% of them on solvency, 16% on liquidity, 32% on profitability and 18% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Permanent representative: David LenaertsReappointment: BDO Bedrijfsrevisoren BV (statutory auditor)
- · Gazette deed Amendment of the articles · Resignations & appointmentsChange of role: D&L Invest, from managing director to sole director · Resignations: VEEN Paul (director) and JELINA (director) · Permanent representatives: Boonen Didier Philippe Anne Florent Raymond and Loos Benoit
- · Gazette deed 1 director appointed, 1 director reappointedReappointments: Paul Veen (director) and BDO Bedrijfsrevisoren BV (statutory auditor) · Appointment: D&L Invest NV (director) · Permanent representatives: Benoit Loos and David Lenaerts
Comparable companies
These companies have the same main activity as ETHNICRAFT: wholesale trade (NACE 46471). They are comparable in size and age: total assets between €6.2m and €68m, founded between 1972 and 2014.
| Company | Total assets | Turnover |
|---|---|---|
| ETHNICRAFT Boom | €22.1m | €38.8m |
| ROYAL BOTANIA Nijlen | €28.5m | €20.0m |
| Tribù Bilzen-Hoeselt | €40.8m | €46.9m |
| Gommaire Antwerp | €10.0m | €17.7m |
| EUROPEAN MARKET DEVELOPMENT Antwerp | €7.3m | - |
| FLEXFURN Tessenderlo-Ham | €6.2m | €9.0m |
| BFS Europe NV Kruisem | €67.8m | €130.2m |
Key facts about ETHNICRAFT
- What is the company number of ETHNICRAFT?
- The company number of ETHNICRAFT is 0458.213.251. The VAT number is the same number with BE in front: BE 0458.213.251.
- Where is ETHNICRAFT based?
- The registered office is at Scheldeweg 5, 2850 Boom.Company details
- What does ETHNICRAFT do?
- According to the KBO register, the main activity is wholesale trade (NACE 46471).
- What is the legal form of ETHNICRAFT?
- ETHNICRAFT is a public limited company (NV).
- When was ETHNICRAFT founded?
- ETHNICRAFT was founded on 07-06-1996.
- Is ETHNICRAFT still active?
- Yes, ETHNICRAFT is an active enterprise in the KBO register.
- How many employees does ETHNICRAFT have?
- ETHNICRAFT had an average of 82.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ETHNICRAFT?
- The turnover of ETHNICRAFT was €38.8m in financial year 2025, according to the filed annual accounts.
- Is ETHNICRAFT profitable?
- In financial year 2025, ETHNICRAFT made a loss of €8.5m.
- Where can I find the annual accounts of ETHNICRAFT?
- ETHNICRAFT filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ETHNICRAFT due?
- ETHNICRAFT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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