Equity
€33,818 from €316,974 in 2024
Equity fell by 89% in 1 year.
ETM Management
Lifetime
7 annual accounts with figures on one time axispeak €201,860 (2021)
€143,262▼ 16.2%
peak €148,148 (2021)
€96,844▼ 17.5%
peak €316,974 (2024)
€33,818▼ 89.3%
€109,657▲ 53.3%
Board2 names since 2019
2 directorsVAN LOENEN Eric and 1 other
Documentsfilings and deeds
03-07-202628 days before the deadline
2025micro format
Gross margin from €170,995 to €143,262Dividend €380,000Equity from €316,974 to €33,818Debts from €71,521 to €109,657Cash from €23,962 to €70,273
Key points
from the 2025 annual accountsTurnover
≈ €220,000 estimated
The micro format states no turnover.
Debts
€109,657 76% of the balance sheet
Suppliers 3%Taxes and wages 6%Other 92%
Liquidity
0.89 was 11.58 in 2024
Short-term debts rose from €27,692 to €109,657.
Filings
7 annual accounts since 2019
The last five annual accounts were filed 28 to 37 days before the end of the period.
Position in the sector
€96,844
Higher net result than 90% of companies in office administrative support. Sector median €16,198 · 9,691 companies.
Checked score
92
Excellent
Financially stronger than 44% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025highest value
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Sector: Office administrative, office support and other business support activities (NACE 82)
Liquidity: current ratio 0.89, cash €70,273
Figures for financial year 2025 (filed on 03-07-2026)
Size: total assets €143,475
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 82, micro). It does better than 31% of them on solvency, 53% on liquidity, 87% on profitability and 6% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 6,713 companies had the same profile as ETM Management has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ETM Management itself is lower: 0.1% within 12 months. It rests on far more data about ETM Management 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.
| 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 6,713 companies, not a prediction for ETM Management. 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.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.89 (11.58 in 2024), below 1. Short-term debt is 76.4% and cash 49% of total assets. 76.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 03-07-2026, 28 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
28 days early
2024
34 days early
2023
33 days early
2022
28 days early
2021
37 days early
2020
33 days early
2019
35 days early
← 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 33 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% 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 29 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Appointment: Sabine van de Ven (director)
General meeting of 19-03-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0722728390
Incorporation
Founder: vAN LOENEN Eric · Founding capital of €18,600, 100 shares · Appointment: vAN LOENEN Eric (gewoon en niet statutair zaakvoerder) · published on 18-03-2019 · Gazette deed
First establishment
Hazenweg 6, Hoogstraten
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ETM Management Hoogstraten | €143,475 | €143,262 | 23.6% | - |
| Future Marketing Agency Antwerp | €163,326 | €141,841 | 65.8% | - |
| VAT Advisory Services Boom | €140,609 | €148,553 | 0.7% | - |
| TSARA Putte | €113,644 | €137,102 | 3.5% | - |
| TWIST IT 1 Watermael-Boitsfort | €151,447 | €145,198 | 12.3% | - |
| Parcours vzw Ghent | €129,137 | €136,201 | 48.2% | - |
| Fortjen Tielt | €148,713 | €124,617 | 23.7% | - |
These companies have the same main activity as ETM Management: other business support services (NACE 82990). They are comparable in size and age: total assets between €114,000 and €163,000, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 14-03-2019Normal situation
- Activity
- Other business support servicesNACE 82990and 2 others
- Establishment unit
- 2.286.755.8952328 Hoogstraten, since 14-03-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 01-08-2025
Annual accounts 2025
- €143,475▼ 63.1%
- Filing
- Filed on 03-07-2026, 28 days before the end of the filing period
Insights on ETM Management
ETM Management files the micro format. That format states no turnover. The gross margin rose from €66,585 in 2019 to €143,262 in 2025.
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 ETM Management
- What is the company number of ETM Management?
- The company number of ETM Management is 0722.728.390. The VAT number is the same number with BE in front: BE 0722.728.390.
- Where is ETM Management based?
- The registered office is at Hazenweg 6, 2328 Hoogstraten.Company details
- What does ETM Management do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of ETM Management?
- ETM Management is a private limited company (pre-2019) (BVBA).
- When was ETM Management founded?
- ETM Management was founded on 14-03-2019.
- Is ETM Management still active?
- Yes, ETM Management is an active enterprise in the KBO register.
- What is the turnover of ETM Management?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €143,262 and 31 comparable companies (NACE 82990). It probably lies between €170,000 and €300,000.Financials
- Is ETM Management profitable?
- In financial year 2025, ETM Management made a profit of €96,844.
- Where can I find the annual accounts of ETM Management?
- ETM Management filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ETM Management due?
- ETM Management must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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