ETHON
ActiveSummary
The computed 12-month bankruptcy probability of ETHON is 3.3% (moderate). The 2024 annual accounts show equity of €27,030 and a net result of €27,029. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability100
Solvency73
Growth-
Track record67
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 1.87; short-term debt: 52.1% and cash: 5.6% of total assets), but 52.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
47.9%
Return on assets
47.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2024 accounts on the deadline day; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€27,030
Total assets
€56,460
Net result
€27,029
Working capital
€25,581
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €56,460
Fixed assets
€1,449
Current assets
€55,011
Equity and liabilities €56,460
Equity
€27,030
Debt
€29,430
Debt finances 52.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€34,786
Cash flow
€27,368
Current ratio
1.87
Debt to equity
1.09
ROE
100.0%
ROA
47.9%
Interest coverage
1501.97
Debt ≤ 1 year
€29,430
Income taxes
€7,395
Annual accounts
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €339 |
| Other operating charges640/8 | €334 |
| Gross operating margin9900 | €35,119 |
| Operating profit (loss)9901 | €34,447 |
| Financial charges65/66B | €23 |
| Recurring financial charges65 | €23 |
| Profit (loss) for the period before taxes9903 | €34,424 |
| Income taxes67/77 | €7,395 |
| Profit (loss) for the period9904 | €27,029 |
| Profit (loss) for the period to be appropriated9905 | €27,029 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €56,460 | |
| Fixed assets21/28 | €1,449 | |
| Tangible fixed assets22/27 | €1,449 | |
| Furniture and vehicles24 | €1,449 | |
| Current assets29/58 | €55,011 | |
| Amounts receivable within one year40/41 | €51,861 | |
| Other amounts receivable41 | €51,861 | |
| Cash at bank and in hand54/58 | €3,150 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €56,460 | |
| Equity10/15 | €27,030 | |
| Contributions10/11 | €1 | |
| Reserves13 | €27,029 | |
| Distributable reserves133 | €27,029 | |
| Amounts payable17/49 | €29,430 | |
| Amounts payable within one year42/48 | €29,430 | |
| Trade debts44 | €1,500 | |
| Suppliers440/4 | €1,500 | |
| Taxes, remuneration and social security45 | €13,930 | |
| Taxes450/3 | €11,430 | |
| Remuneration and social security454/9 | €2,500 | |
| Other amounts payable47/48 | €14,000 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €27,029 |
| + Depreciation and write-downs630 | €339 |
| Operating cash flow (approximation) | €27,368 |
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
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Brugge · 1 establishment unit since 2024
Ground area
182 m²
Building footprint
70 m²
Volume, LiDAR
589 m³
Parcel 31002A0239/00W002, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ETHON
since 20242.364.556.132
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31002A0239/00W002 | Flanders | 182 m² | 1 · 70 m² | 10.8 m · 3 fl. |
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.
Identification & contact
Identification
Legal formPrivate limited company
Founded23-09-2024
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.