Skip to content

ETIKET

Active
Private limited companyfounded 198541 yrs activeKapelstraat 25, 8540 Deerlijk, BelgiumKBO/BCE: BE 0427.417.929

ETIKET has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-70k) and a net result of €-9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 18024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
33 / 100
Weak▲ +26 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▼-37
Solvency33=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.19 against 0.19 in 2024), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 41 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-17.2%
Return on assets
-2.2%
Age of the figures
15 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€70k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-02-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
25 d late
2024
20 d late
2023
29 d late
2022
1 d late
2021
on the day
2020
on the day
2019
26 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-70k▼ 14.5%
2024 · €-62k
2019: €-46k 2020: €-22k 2021: €15k 2022: €33k 2023: €2k 2024: €-62k
2019 → 2025
Total assets
€410k▼ 9.2%
2024 · €451k
2019: €579k 2020: €551k 2021: €606k 2022: €530k 2023: €501k 2024: €451k
2019 → 2025
Net result
€-9k▲ 85.9%
2024 · €-63k
2019: €-27k 2020: €24k 2021: €36k 2022: €19k 2023: €-32k 2024: €-63k
2019 → 2025
Working capital
€-373k▲ 3.8%
2024 · €-388k
2019: €-399k 2020: €-364k 2021: €-344k 2022: €-321k 2023: €-348k 2024: €-388k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€15k-€33k▲ 130%€2k▼ 94.9%€-62k€-70k▼ 14.5%
Operating result€39k-€22k▼ 44.6%€-29k€-59k▼ 103%€-22k▲ 62.5%
Net result€36k-€19k▼ 48.2%€-32k€-63k▼ 99.7%€-9k▲ 85.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50kOperating result 2021: €39k€39kNet result 2021: €36k€36kOperating result 2022: €22k€22kNet result 2022: €19k€19kOperating result 2023: €-29k€-29kNet result 2023: €-32k€-32kOperating result 2024: €-59k€-59kNet result 2024: €-63k€-63kOperating result 2025: €-22k€-22kNet result 2025: €-9k€-9k20212022202320242025
The operating result stays negative: a loss of €22k in 2025 against €59k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €410k
Fixed assets €323k▼ 10.8%
Current assets €87k▼ 2.7%
Key figures and ratios
2025 value · change against 2024
EBITDA
€17k
2024 · €-20k
Cash flow
€30k
2024 · €-24k
Solvency
-17.2%
2024 · -13.6%
Current ratio
0.19
2024 · 0.19
Quick ratio
0.05
2024 · 0.07
Debt / equity
-6.81
2024 · -8.33
ROE
12.6%
2024 · 102.7%
ROA
-2.2%
2024 · -14.0%
Interest coverage
12.26
2024 · -11.78
Debt
€480k
2024 · €513k
Debt ≤ 1 year
€460k
2024 · €477k
Debt > 1 year
€20k
2024 · €36k
Income taxes
€451
2024 · €2k
Staff costs
€33k
2024 · €36k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€451k€410k
Fixed assets21/28€362k€323k
Tangible fixed assets22/27€362k€323k
Land and buildings22€338k€311k
Furniture and vehicles24€24k€11k
Financial fixed assets28€274€274=
Current assets29/58€89k€87k
Stocks and contracts in progress3€58k€62k
Stocks30/36€58k€62k
Amounts receivable within one year40/41€25k€19k
Trade receivables40€25k€19k
Other amounts receivable41-€49
Cash at bank and in hand54/58€885€1k
Deferred charges and accrued income490/1€5k€5k
Equity and liabilities
Total equity and liabilities10/49€451k€410k
Equity10/15€-62k€-70k
Contributions10/11€62k€62k=
Reserves13€19k€19k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Distributable reserves133€13k€13k=
Profit (loss) carried forward14€-143k€-152k
Amounts payable17/49€513k€480k
Amounts payable after more than one year17€36k€20k
Financial debts170/4€36k€20k
Amounts payable within one year42/48€477k€460k
Current portion of amounts payable after more than one year42€15k€16k
Trade debts44€44k€20k
Suppliers440/4€44k€20k
Taxes, remuneration and social security45€5k€2k
Taxes450/3€2k€2k
Remuneration and social security454/9€2k€697
Other amounts payable47/48€413k€422k
Income statement Code20242025
Remuneration, social security and pensions62€36k€33k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€39k=
Other operating charges640/8€2k€2k
Gross operating margin9900€17k€52k
Operating profit (loss)9901€-59k€-22k
Financial income75/76B€5€15k
Recurring financial income75€5€15k
Financial charges65/66B€2k€1k
Recurring financial charges65€2k€1k
Profit (loss) for the period before taxes9903€-61k€-8k
Income taxes67/77€2k€451
Profit (loss) for the period9904€-63k€-9k
Profit (loss) for the period to be appropriated9905€-63k€-9k
Appropriation of the result
Profit (loss) to be appropriated9906€-143k€-152k
Profit (loss) brought forward from the previous period14P€-79k€-143k

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
25-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
20-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
30-06
Financial Weakest financial yearnet €-63k
Net result drops to €-63k, the lowest in the series; recovery starts the following year.
29-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
01-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Highest result since 2019net €36k ▲54.2%
Operating result €39k, net result €36k, both a record.
31-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Back to profitnet €24k
Net result €24k after one loss-making year.
26-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
25-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 25 days late
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
22-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Deerlijk · 1 establishment unit since 1985
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kapelstraat 258540 Deerlijk
Ground area
1,216 m²
Building footprint
401 m²
Volume, LiDAR
1,682 m³
Parcel 34392E0618/00A007, Flanders · tallest building 11.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ETIKET
Kapelstraat 25, 8540 DeerlijkNACE 51472
since 19852.027.351.369
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34392E0618/00A007 Flanders 1,216 m² 1 · 401 m² 11.5 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2024 · 4 entries · 2,730 EUR awarded · 2,730 EUR paid
Year Entries awardedpaid
2024 2 2,179 EUR2,179 EUR
2023 1 428 EUR428 EUR
2022 1 123 EUR123 EUR
Schemes
Hinderpremie bij openbare werken
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 730 EUR · 730 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 599 companies in sector 47610 we hold annual accounts for 240. 42 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-06-1985
Fiscal year end30-06
Activities, NACEBEL
47610Retail trade
52470
47620Retail trade
47621Retail sale of newspapers and periodicals
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:katelijne@boekhandeletiket.be
Enterprise