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ETIENNE ANTHUENIS

Active Private limited companyfounded 1981active for 45 yearsPark te Poldere 4, 9840 Nazareth-De PinteKBO/BCE: BE 0421.864.183

Lifetime

20 annual accounts with figures on one time axis, 44 filings since 1982
peak €92,352 (2020)
€73,390▲ 410%
lowest -€49,577 (2021)
€45,065▲ 373%
peak €47,605 (2020)
€4,591▲ €45,065
€60,125▼ 46.3%
peak 1.5 FTE (2020)
-not published
Board4 names since 2020
2 directorsPERSYN Filip and 1 other
Owners
Documentsfilings and deeds
01-06-202660 days before the deadline
2025micro format
Gross margin from €14,391 to €73,390Result from €9,534 to €45,065Equity from -€40,473 to €4,591Debts from €112,031 to €60,125Cash from €13,976 to €19,470

Key points

from the 2025 annual accounts

Debts

€60,125 93% of the balance sheet
Suppliers 26%Taxes and wages 1%Other 73%

Filings

44 annual accounts since 1982
AprilJune31 JulyOctober199520102025

Four of the last ten came late. The 2022 accounts came latest: 214 days after the end of the period.

Position in the sector

€45,065

Higher net result than 86% of companies in retail trade. Sector median €5,052 · 22,900 companies.

Checked score

86
Excellent
Financially stronger than 62% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,271 companies (NACE 47, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 4.3% 01-2025: 4.3%● unchanged vs 12-2024 02-2025: 4.3%● unchanged vs 01-2025 03-2025: 4.3%● unchanged vs 02-2025 04-2025: 4.5%▲ +0.2 percentage points vs 03-2025 05-2025: 4.8%▲ +0.3 percentage points vs 04-2025 06-2025: 4.6%▼ -0.2 percentage points vs 05-2025 07-2025: 5.1%▲ +0.5 percentage points vs 06-2025highest value 08-2025: 1.7%▼ -3.4 percentage points vs 07-2025 09-2025: 1.7%● unchanged vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 2.0%▲ +0.3 percentage points vs 04-2026 06-2026: 1.9%▼ -0.1 percentage points vs 05-2026 07-2026: 0.9%▼ -1.0 percentage point vs 06-2026 08-2026: 0.9%● unchanged vs 07-2026 09-2026: 0.3%▼ -0.6 percentage points vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value

Financial strength
Strong

32+32equity 7.1% of total assets
38+14short-term debt 92.9% · cash 30.1%
100+15return on assets 69.6%

Score breakdown

raises risk
Sector: Retail trade (NACE 47)
Equity €4,591 (7.1% of total assets)
lowers risk
Founded in 1981
Liquidity: current ratio 0.54, cash €19,470
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 47, micro). It does better than 24% of them on solvency, 35% on liquidity, 96% on profitability and 93% on growth.

The bankruptcy probability was computed on 08-11-2026 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 very low class on 30-06-2025, 0.1% 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).

Comparable companies, two years later

In July 2024, 931 companies had the same profile as ETIENNE ANTHUENIS has now. Each dot stands for 3 companies, two years later.

93.1%
were still trading
4.6%
stopped another way
1.9%
went bankrupt
  • Micro
  • 20 years or older
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of ETIENNE ANTHUENIS itself is lower: 0.3% within 12 months. It rests on far more data about ETIENNE ANTHUENIS than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 931 companies, not a prediction for ETIENNE ANTHUENIS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Founded in 1981
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €4,591 (7.1% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.54, cash €19,470
NBB · annual accounts
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 days early
2024
24 days early
2023
21 days early
2022
214 days late
2021
31 days late
2020
31 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 July (4 of the last 5 accounts filed within 51 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

PF
Director
PM
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0421864183
Company renamed to ETIENNE ANTHUENIS Registered office moved within De Pinte · New name: ETIENNE ANTHUENIS · New registered office: Park te Poldere 4, 9840 De Pinte · General meeting of 20-08-2024 · Gazette deed
First establishment Park te Poldere 4, Nazareth-De Pinte
Resignation: Etienne Anthuenis (director) Director discharge: Etienne Anthuenis · General meeting of 11-07-2020 · Gazette deed
All 55 events

Comparable companies

same main activity, similar in size and age
Company
ETIENNE ANTHUENIS Nazareth-De Pinte €64,717 €73,390 7.1% -
Therma Antwerp €48,496 €44,173 80.4% -
LE CORAIL Lasne €98,526 €35,733 94.2% -
NEW CHRIS SCHEIRS Heist-op-den-Berg €65,993 €51,427 -39.2% -
DE WULK Blankenberge €138,924 €116,026 60.1% -
OUJDIA Berchem-Sainte-Agathe €184,517 €46,933 -7.7% -
HASYMAR Ixelles €202,792 €109,943 46.8% -

These companies have the same main activity as ETIENNE ANTHUENIS: retail trade (NACE 47230). They are comparable in size and age: total assets between €48,500 and €203,000, founded between 1991 and 2007.

Official details

Source: KBO
Status
Active since 28-09-1981Normal situation
Activity
Retail tradeNACE 47230and 2 others
Joint committee
201Independent retail · annual accounts 2025
Establishment unit
2.362.774.2039840 Nazareth-De Pinte, since 20-08-2024
Financial year end
31 December
Peppol
Reachable since 20-06-2025
Company details

Annual accounts 2025

≈ €580,000estimated
€64,717▼ 9.6%
Filing
Filed on 01-06-2026, 60 days before the end of the filing period
Financials

Insights on ETIENNE ANTHUENIS

ETIENNE ANTHUENIS files the micro format. That format states no turnover. The gross margin rose from €52,982 in 2006 to €73,390 in 2025.

The balance sheet grew most in 2024 through fixed assets.

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 ETIENNE ANTHUENIS

What is the company number of ETIENNE ANTHUENIS?
The company number of ETIENNE ANTHUENIS is 0421.864.183. The VAT number is the same number with BE in front: BE 0421.864.183.
Where is ETIENNE ANTHUENIS based?
The registered office is at Park te Poldere 4, 9840 Nazareth-De Pinte.Company details
What does ETIENNE ANTHUENIS do?
According to the KBO register, the main activity is retail trade (NACE 47230).
What is the legal form of ETIENNE ANTHUENIS?
ETIENNE ANTHUENIS is a private limited company (BV).
When was ETIENNE ANTHUENIS founded?
ETIENNE ANTHUENIS was founded on 28-09-1981.
Is ETIENNE ANTHUENIS still active?
Yes, ETIENNE ANTHUENIS is an active enterprise in the KBO register.
How many employees does ETIENNE ANTHUENIS have?
ETIENNE ANTHUENIS had an average of 0.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ETIENNE ANTHUENIS fall under?
In its 2025 annual accounts, ETIENNE ANTHUENIS states joint committee 201 (Independent retail).
What is the turnover of ETIENNE ANTHUENIS?
The turnover in financial year 2025 is ≈ €580,000. This figure is estimated from the gross margin of €73,390 and 45 comparable companies (NACE 472). It probably lies between €330,000 and €790,000.
Is ETIENNE ANTHUENIS profitable?
In financial year 2025, ETIENNE ANTHUENIS made a profit of €45,065.
Where can I find the annual accounts of ETIENNE ANTHUENIS?
ETIENNE ANTHUENIS filed 44 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ETIENNE ANTHUENIS due?
ETIENNE ANTHUENIS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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