ETILEC (0448.008.752): financials and annual accounts

ETILEC

Ghent ·KBO/BCE: BE 0448.008.752

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
`20/58`	1.2m	948,483	874,469	714,879	708,034	729,603	867,284	440,621	373,154	413,359	417,862	354,676	397,230	358,777	386,427	363,433	357,726	412,480	362,948
`21/28`	405,082	408,768	392,666	423,930	451,279	478,721	502,511	3,731	3,253	12,561	20,868	27,627	35,702	13,368	27,902	29,487	50,948	73,568	35,528
`21`	-	-	-	-	-	-	-	-	-	1,500	3,000	4,500	6,000	-	1,390	2,780	4,376	7,121	2,917
`22/27`	400,282	408,768	392,666	423,930	451,279	478,721	502,511	3,731	3,253	11,061	17,868	23,127	29,702	13,368	26,512	26,707	46,572	66,446	32,611
`22`	341,738	364,397	380,927	404,545	426,775	449,014	463,631	3,166	-	237	473	710	947	1,183	1,420	1,657	4,368	8,977	13,585
`23`	14,569	8,947	7,832	4,319	4,819	-	-	-	2,553	5,460	8,422	4,316	340	114	980	2,041	6,243	8,907	1,206
`24`	43,974	35,425	3,907	15,066	19,685	29,706	38,880	564	700	5,364	8,973	18,101	28,415	12,071	24,112	23,009	35,961	48,563	17,819
`28`	4,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`29/58`	829,962	539,715	481,803	290,948	256,755	250,882	364,774	436,890	369,901	400,798	396,994	327,049	361,528	345,409	358,525	333,946	306,778	338,912	327,421
`3`	297,000	236,504	125,774	97,408	87,526	60,945	71,727	98,716	58,017	49,524	45,543	46,016	31,941	31,204	39,395	30,526	28,730	38,213	48,175
`30/36`	89,000	103,406	45,677	28,193	24,129	22,422	23,065	24,803	18,078	11,041	11,495	13,056	12,191	8,944	14,982	14,100	16,437	18,790	21,817
`37`	208,000	133,098	80,098	69,215	63,397	38,523	48,662	73,913	39,939	38,483	34,048	32,960	19,751	22,260	24,413	16,426	12,293	19,423	26,359
`40/41`	457,521	215,940	181,587	132,362	66,007	122,144	71,816	96,095	64,050	142,598	181,288	117,695	100,257	102,184	174,256	130,214	161,848	186,567	233,885
`40`	457,521	215,940	181,587	132,362	57,204	113,422	55,938	89,454	59,627	141,466	175,112	117,160	98,354	97,765	168,986	125,079	157,299	183,525	232,029
`41`	-	-	-	-	8,804	8,723	15,878	6,640	4,423	1,132	6,177	534	1,903	4,420	5,270	5,135	4,548	3,042	1,856
`54/58`	63,035	81,295	173,479	60,461	100,527	65,137	217,121	239,260	246,042	204,998	167,542	157,122	222,976	205,699	137,701	166,702	108,971	108,477	40,479
`490/1`	12,406	5,976	963	717	2,695	2,656	4,109	2,820	1,792	3,678	2,621	6,217	6,354	6,322	7,174	6,504	7,229	5,655	4,881
Balance sheet: equity and liabilities
`10/49`	1.2m	948,483	874,469	714,879	708,034	729,603	867,284	440,621	373,154	413,359	417,862	354,676	397,230	358,777	386,427	363,433	357,726	412,480	362,948
`10/15`	534,167	425,870	338,210	204,375	236,293	228,934	337,391	343,467	327,863	313,328	303,146	268,417	275,357	249,895	232,746	231,363	222,413	196,409	157,173
`10/11`	229,100	229,100	229,100	210,657	210,657	-	210,657	210,657	210,657	210,657	210,657	210,657	31,557	31,557	31,557	31,557	31,557	31,557	31,557
`100`	-	-	-	-	-	-	229,100	229,100	229,100	229,100	229,100	229,100	50,000	50,000	50,000	50,000	50,000	50,000	50,000
`101`	-	-	-	-	-	-	18,443	18,443	18,443	18,443	18,443	18,443	18,443	18,443	18,443	18,443	18,443	18,443	18,443
`11`	-	-	-	-	-	210,657	-	-	-	-	-	-	-	-	-	-	-	-	-
`1100/10`	-	-	-	-	-	210,657	-	-	-	-	-	-	-	-	-	-	-	-	-
`13`	196,770	196,770	113,472	118,196	127,050	132,050	132,050	132,050	116,446	101,912	91,729	57,000	243,000	218,000	201,000	199,000	190,000	164,000	125,000
`130/1`	4,876	4,876	113,472	118,196	118,196	108,596	108,596	108,596	93,772	79,964	32,993	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	9,601	9,601	9,601	8,820	8,094	7,584	5,848	5,000	5,000	5,000	5,000	5,000	5,000	5,000
`1311`	-	0	113,472	9,601	9,601	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`1319`	4,876	4,876	-	108,596	108,596	108,596	108,596	108,596	93,772	79,964	32,993	-	-	-	-	-	-	-	-
`132`	-	-	-	-	8,854	13,854	13,854	13,854	13,854	13,854	13,854	13,854	13,854	13,854	13,854	13,854	13,854	13,854	13,854
`133`	191,894	191,894	-	-	-	-	-	-	-	-	37,298	37,298	224,146	199,146	182,146	180,146	171,146	145,146	106,146
`14`	108,298	0	-4,362	-124,478	-101,414	-113,773	-5,316	760	760	760	760	760	800	338	189	807	857	852	616
`17/49`	700,877	522,613	536,259	510,504	471,742	500,669	529,894	97,154	45,291	100,031	114,717	86,259	121,873	108,882	153,682	132,069	135,313	216,071	205,775
`17`	291,969	315,709	326,034	357,226	385,349	413,549	432,243	-	-	-	-	-	2,627	7,009	11,242	11,427	28,627	44,554	12,842
`170/4`	291,969	315,709	326,034	357,226	385,349	413,549	432,243	-	-	-	-	-	2,627	7,009	11,242	11,427	28,627	44,554	12,842
`42/48`	408,908	206,904	210,225	147,219	80,851	81,454	93,475	93,522	42,676	96,059	112,584	85,912	118,950	101,585	142,134	120,113	105,675	170,129	192,265
`42`	23,412	23,305	19,319	28,123	28,201	23,287	27,659	-	-	-	-	2,627	4,382	4,750	15,517	17,200	16,371	15,604	8,386
`43`	50,000	-	-	-	-	-	3,333	1,487	1,667	1,667	1,667	1,667	1,667	1,667	1,667	1,667	3,410	1,699	1,701
`430/8`	50,000	-	-	-	-	-	3,333	1,487	1,667	1,667	1,667	1,667	1,667	1,667	1,667	1,667	3,410	1,699	1,701
`44`	251,652	119,293	151,578	74,944	38,951	32,296	30,739	66,212	22,590	67,702	91,416	57,371	99,437	65,923	82,638	66,414	38,966	116,557	136,394
`440/4`	251,652	119,293	151,578	74,944	38,951	32,296	30,739	66,212	22,590	67,702	91,416	57,371	99,437	65,923	82,638	66,414	38,966	116,557	136,394
`45`	81,796	63,624	39,328	35,823	13,699	25,870	31,744	25,823	18,419	26,690	19,197	19,734	8,765	25,245	38,655	24,320	35,718	20,543	24,546
`450/3`	66,634	31,835	16,489	17,719	4,570	17,074	5,207	6,493	8,622	11,769	9,528	11,547	1,008	9,561	20,219	9,526	16,667	5,466	12,060
`454/9`	15,161	31,789	22,839	18,103	9,128	8,796	26,537	19,330	9,797	14,921	9,669	8,187	7,757	15,684	18,436	14,794	19,051	15,077	12,486
`47/48`	2,048	683	-	8,330	-	-	-	-	-	-	305	4,514	4,699	4,000	3,658	10,513	11,210	15,727	21,238
`492/3`	-	-	-	6,058	5,542	5,666	4,175	3,632	2,615	3,972	2,132	348	296	289	305	529	1,010	1,388	667
Income statement
`76A`	-	-	-	-	-	-	2,508	-	-	-	-	-	3,306	-	-	-	-	-	2,893
`9900`	501,779	524,053	208,494	224,770	245,014	123,899	249,562	151,066	146,016	178,754	254,637	187,988	199,292	177,477	156,370	174,233	229,681	213,741	154,114
`62`	295,930	344,274	94,594	208,097	190,867	186,502	188,920	122,468	116,079	147,480	181,327	151,445	148,906	134,053	131,906	133,623	168,752	131,108	108,808
`630`	35,942	30,907	12,593	33,299	32,441	32,323	61,038	4,157	5,830	10,027	17,279	13,671	12,611	15,739	20,706	22,982	25,593	25,977	13,046
`631/4`	-	-	-	-	-	-704	-	-	-	-	704	-4,776	-	-	-	4,776	-	-	-
`640/8`	9,145	7,690	2,523	5,935	5,582	5,992	3,884	1,755	1,599	1,645	2,682	6,709	2,458	1,869	1,988	2,035	1,359	1,653	2,249
`66A`	5,802	3,434	-	-	-	-	-	-	2,633	-	131	-	109	-	-	-	-	-	7,821
`9901`	154,959	137,748	98,784	-22,561	16,123	-100,213	-4,280	22,687	19,875	19,603	52,645	20,939	35,316	25,816	1,770	10,817	33,976	55,003	30,011
`75/76B`	5	27	46	66	652	829	443	617	722	339	1,130	1,363	1,606	1,473	1,819	1,550	1,657	629	431
`75`	5	27	46	66	652	829	443	617	722	339	1,130	1,363	1,606	1,473	1,819	1,550	1,657	629	431
`65/66B`	13,136	13,444	5,664	7,990	8,567	8,739	2,050	91	269	231	439	599	890	1,077	2,206	2,786	3,804	3,256	4,409
`65`	13,136	13,444	5,664	7,990	8,567	8,739	2,050	91	269	231	439	599	890	1,077	2,206	2,786	3,804	3,256	4,409
`9903`	141,828	124,331	93,166	-30,485	8,208	-108,123	-5,887	23,213	20,328	19,711	53,205	21,703	39,229	26,211	1,382	9,581	31,829	52,376	21,104
`67/77`	33,531	36,672	4,258	1,433	849	333	189	7,608	5,794	9,528	18,476	4,744	9,767	5,062	-	631	5,825	13,140	4,468
`9904`	108,298	87,659	88,908	-31,918	7,359	-108,457	-6,076	15,604	14,534	10,183	34,729	16,960	29,462	21,149	1,382	8,950	26,004	39,236	16,636
`789`	-	0	26,484	8,854	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`9905`	108,298	87,659	115,392	-23,064	12,359	-108,457	-6,076	15,604	14,534	10,183	34,729	16,960	29,462	21,149	1,382	8,950	26,004	39,236	16,636
Appropriation of the result
`9906`	108,298	83,298	-4,362	-124,478	-101,414	-113,773	-5,316	16,364	15,294	10,942	35,489	17,760	29,800	21,338	2,189	9,807	26,857	39,852	17,616
`14P`	0	-4,362	-119,754	-101,414	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	-	-	-	-	-	-	-	-	-	-	-	199,000	-	-	-	-	-	-	-
`691/2`	0	83,298	-	-	-	-	-	15,604	14,534	10,183	34,729	13,000	25,000	17,000	2,000	9,000	26,000	39,000	17,000
`6920`	-	-	-	-	-	-	-	780	727	509	1,736	848	-	-	-	-	-	-	-
`6921`	0	83,298	-	-	-	-	-	14,824	13,808	9,673	32,993	12,152	25,000	17,000	2,000	9,000	26,000	39,000	17,000
`694/7`	-	-	-	-	-	-	-	-	-	-	-	203,000	4,000	4,000	-	-	-	-	-
`694`	-	-	-	-	-	-	-	-	-	-	-	203,000	4,000	4,000	-	-	-	-	-
Social balance sheet
`9087`	4.4	0	-	4	3.8	3.9	4	2.8	2.6	3	3.8	3	3	3.1	3	3.5	4.9	3.7	2.9
Hours worked`1013`	7,850	8,479	-	6,878	6,570	6,582	7,038	4,370	3,967	5,016	6,209	5,046	5,092	4,978	5,176	5,517	7,433	5,981	4,727
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	06-08-2026	2026-00389335	PDF
31-12-2024	abbreviated format	25-07-2025	2025-00306600	PDF
31-12-2023	abbreviated format	17-07-2024	2024-00255688	PDF
30-06-2023	micro format	12-01-2024	2024-00001218	PDF
30-06-2022	micro format	18-01-2023	2023-00001981	PDF
30-06-2021	micro format	31-01-2022	2022-03300233	PDF
30-06-2020	micro format	22-01-2021	2021-01400512	PDF
30-06-2019	micro format	03-02-2020	2020-04000542	PDF
30-06-2018	micro format	28-01-2019	2019-02700409	PDF
30-06-2017	micro format	29-01-2018	2018-02900356	PDF
30-06-2016	abbreviated format	24-01-2017	2017-02100007	PDF
30-06-2015	abbreviated format	08-01-2016	2016-00900189	PDF
30-06-2014	abbreviated format	15-12-2014	2014-69400462	PDF
30-06-2013	abbreviated format	11-02-2014	2014-03100435	PDF
30-06-2012	abbreviated format	23-01-2013	2013-01300323	PDF
30-06-2011	abbreviated format	13-02-2012	2012-03200182	PDF
30-06-2010	abbreviated format	31-01-2011	2011-02100125	PDF
30-06-2009	abbreviated format	21-12-2009	2009-89900128	PDF
30-06-2008	abbreviated format	18-02-2009	2009-05000299	PDF
30-06-2007	abbreviated format	07-12-2007	2007-82700297	PDF
30-06-2006	abbreviated format	27-12-2006	2006-93304039	PDF
30-06-2005	abbreviated format	18-01-2006	2006-02101783	PDF
30-06-2004	abbreviated format	20-01-2005	2005-02400602	PDF
30-06-2003	abbreviated format	16-01-2004	2004-01703209	PDF
30-06-2002	abbreviated format	06-01-2003	2003-00303545	PDF
30-06-2001	abbreviated format	28-01-2002	2002-02705048	PDF
30-06-2000	abbreviated format	22-01-2001	2001-02203262	PDF
30-06-1999	abbreviated format	11-01-2000	2000-01000898	PDF
30-06-1998	abbreviated format	08-12-1998	1998-60703224	PDF
30-06-1997	abbreviated format	05-02-1998	1998-02104926	PDF
30-06-1996	abbreviated format	04-03-1997	1997-03002165	PDF
30-06-1995	abbreviated format	09-02-1996	1996-02203658	PDF
30-06-1994	abbreviated format	12-01-1995	1995-00802005	PDF
30-06-1993	abbreviated format	10-12-1993	1993-45303094	PDF

Year	Entries	Awarded	Paid
2025	1	€1,241	€2,726
2024	1	€2,535	€1,050
2023	1	€0	€365

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
190,901	168,655	111,377	10,738	48,564	-67,891	56,757	26,844	25,704	29,629	69,924	34,610	47,927	41,555	22,476	33,799	59,570	80,980	43,057
144,240	118,566	101,501	1,381	39,800	-76,134	54,962	19,761	20,364	20,209	52,008	30,631	42,073	36,888	22,088	31,932	51,598	65,213	29,682
32,255	69,329	10,401	5,950	5,000	8,533	559,818	4,634	340	1,720	10,651	5,596	34,945	1,205	19,121	1,521	2,974	64,017	21,885
-18,260	-92,184	113,018	-40,067	35,390	-151,984	-22,139	-6,781	41,043	37,456	10,421	-65,854	17,277	67,999	-29,001	57,730	494	67,998	-
421,055	332,811	271,579	143,729	175,904	169,428	271,299	343,369	327,224	304,739	284,410	241,137	242,578	243,824	216,391	213,833	201,103	168,783	135,155
43.3%	44.9%	38.7%	28.6%	33.4%	31.4%	38.9%	78.0%	87.9%	75.8%	72.5%	75.7%	69.3%	69.7%	60.2%	63.7%	62.2%	47.6%	43.3%
2.03	2.61	2.29	1.98	3.18	3.08	3.90	4.67	8.67	4.17	3.53	3.81	3.04	3.40	2.52	2.78	2.90	1.99	1.70
1.30	1.47	1.69	1.31	2.09	2.33	3.14	3.62	7.31	3.66	3.12	3.27	2.77	3.09	2.25	2.53	2.63	1.77	1.45
1.31	1.23	1.59	2.50	2.00	2.19	1.57	0.28	0.14	0.32	0.38	0.32	0.44	0.44	0.66	0.57	0.61	1.10	1.31
20.3%	20.6%	26.3%	-15.6%	3.1%	-47.4%	-1.8%	4.5%	4.4%	3.2%	11.5%	6.3%	10.7%	8.5%	0.6%	3.9%	11.7%	20.0%	10.6%
8.8%	9.2%	10.2%	-4.5%	1.0%	-14.9%	-0.7%	3.5%	3.9%	2.5%	8.3%	4.8%	7.4%	5.9%	0.4%	2.5%	7.3%	9.5%	4.6%
14.53	12.54	19.67	1.34	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	31-12-2025	31-12-2024	30-06-2023	30-06-2022
Employees at the balance-sheet date	4	6	3	4
full-time	3	6	3	4
part-time	1	0	-	-
in full-time equivalents	3.8	0	3	4
	4.4	0	3.8	4
On a permanent contract	4	6	3	4
Joined	1	3	0	-
Left	3	3	1	-

ETILEC

Annual accounts 2025

Balance sheet

in euro

in euro

Position in the sector

43.3%

2.03

8.8%

Staff

€67,257

-2 people

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2023 to 2025, 3 entries, €3,776 awarded, €4,141 paid

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on ETILEC

Next steps

Item	2025	2024	2023	30-06-2023	30-06-2022
Debts secured on the company's own assets	€113,752	-	-	-	-
Mortgages, amount registered	-	-	-	€29,700	€29,700
	-	-	-	€477,950	€477,950
Carrying value of the mortgaged assets	-	-	-	€381,486	€404,545
Pledge on other assets, amount secured	-	-	-	€2,316	€11,520
Carrying value of the other pledged assets	-	-	-	-	€9,664

Item	2025	2024	2023	30-06-2023	30-06-2022
Tangible fixed assets	€27,455	€69,329	€10,401	€5,953	€5,950
Financial fixed assets	€4,800	-	-	-	-
	€35,942	€30,907	€12,593	€33,801	€33,299

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency43.3%

Current ratio2.03

Return on assets8.8%

Staff

Staff cost per FTE€67,257

Joined and left-2 people

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2023 to 2025, 3 entries, €3,776 awarded, €4,141 paid

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on ETILEC

Next steps

in euro

in euro

43.3%

2.03

8.8%

€67,257

-2 people