ETM CONSULTING
ActiveThe computed 12-month bankruptcy probability of ETM CONSULTING is 3.1% (moderate). The 2025 annual accounts show equity of €43k and a net result of €-6k. Equity is growing by ~35.1% per year across the filed fiscal years. Its solvency ranks better than 69% of 6974 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▼-94
Solvency99▲+6
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 3.16 against 2.54 in 2024; short-term debt: 26.4% and cash: 81.4% of total assets), and 26.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
73.6%
Return on assets
-10.5%
Age of the figures
9 mo
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 20-07-2026, 11 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
11 d early
2024
6 d early
2023
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€43k▼ 12.5%
2024 · €49k
2023: €13k
2024: €49k
2023 → 2025
Total assets
€58k▼ 19.1%
2024 · €72k
2023: €25k
2024: €72k
2023 → 2025
Net result
€-6k
2024 · €36k
2023: €13k
2024: €36k
2023 → 2025
Working capital
€33k▼ 5.9%
2024 · €35k
2023: €14k
2024: €35k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€13k-€49k▲ 284%€43k▼ 12.5%
Operating result€16k-€47k▲ 190%€-6k
Net result€13k-€36k▲ 184%€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €47k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58k
Fixed assets
€10k▼ 29.6%
Current assets
€48k▼ 16.6%
Equity and liabilities €58k
Equity
€43k▼ 12.5%
Debt
€15k▼ 33.1%
The debt ratio falls from 32.0% to 26.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€16▼
2024 · €51k
Cash flow
€-445▼
2024 · €40k
Solvency
73.6%▲
2024 · 68.0%
Current ratio
3.16▲
2024 · 2.54
Quick ratio
3.16▲
2024 · 2.54
Debt / equity
0.36▼
2024 · 0.47
ROE
-14.3%▼
2024 · 74.0%
ROA
-10.5%▼
2024 · 50.3%
Interest coverage
0.03▼
2024 · 68.99
Debt
€15k▼
2024 · €23k
Debt ≤ 1 year
€15k▼
2024 · €23k
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€72k€58k▼
Fixed assets21/28€14k€10k▼
Tangible fixed assets22/27€13k€10k▼
Furniture and vehicles24€13k€10k▼
Financial fixed assets28€363-
Current assets29/58€58k€48k▼
Amounts receivable within one year40/41€10k€1k▼
Trade receivables40€10k€1k▼
Cash at bank and in hand54/58€48k€47k▼
Equity and liabilities
Total equity and liabilities10/49€72k€58k▼
Equity10/15€49k€43k▼
Profit (loss) carried forward14€49k€43k▼
Amounts payable17/49€23k€15k▼
Amounts payable within one year42/48€23k€15k▼
Trade debts44€183€57▼
Suppliers440/4€183€57▼
Taxes, remuneration and social security45€18k€11k▼
Taxes450/3€17k€11k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€4k€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€2k€824▼
Gross operating margin9900€52k€840▼
Operating profit (loss)9901€47k€-6k▼
Financial charges65/66B€732€461▼
Recurring financial charges65€732€461▼
Profit (loss) for the period before taxes9903€46k€-6k▼
Income taxes67/77€10k-
Profit (loss) for the period9904€36k€-6k▼
Profit (loss) for the period to be appropriated9905€36k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€43k▼
Profit (loss) brought forward from the previous period14P€13k€49k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-6k ▼117%
Net result drops to €-6k, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €36k ▲184%
Operating result €47k, net result €36k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Sint-Jans-Molenbeek · 1 establishment unit since 2023
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.
Kolomstraat 1A1080 Sint-Jans-MolenbeekGround area
5,826 m²
Building footprint
3,185 m²
Volume, LiDAR
50,722 m³
2 parcels, Brussels · tallest building 31.7 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
ETM CONSULTING
since 20232.349.551.123
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0172/00G000 | Brussels | 3,384 m² | 1 · 2,779 m² | 31.7 m · 8 fl. |
| 21522B0623/00L000 | Brussels | 2,442 m² | 1 · 406 m² | 19.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,425 companies in sector 73300 we hold annual accounts for 6,900. 5,424 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-09-2023
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
49320Taxi operation
49330On-demand passenger transport by chauffeured vehicle
70200Business and other management consultancy
70220Business consulting
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:etm.brussels@gmail.com
Phone:+32487423630