Losses
-€72,066 in three years
Every financial year from 2024 to 2026 closed with a loss. 2026 was the heaviest.
ETNOBEL
Lifetime
20 annual accounts with figures on one time axis, 29 filings since 1996peak €637,193 (2011)
€82,540▼ 48.0%
lowest -€52,876 (2026)
-€52,876▼ €50,077
peak €2.1m (2019)
€1.5m▼ 3.7%
€310,830▲ 3.5%
peak 5.6 FTE (2012)
-not published
Board1 name since 2019
1 director
Documentsfilings and deeds
15-10-202616 days before the deadline
2026micro format
Gross margin from €158,750 to €82,540Loss of €52,876
Key points
from the 2026 annual accountsStaff
4 employees on 31-03-2026
In 2026, 4 people joined and 4 left.
Position in the sector
-€52,876
Lower net result than 85% of companies in electrical equipment. Sector median €23,045 · 30 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,344 companies had the same profile as ETNOBEL has now. Each dot stands for 31 companies, two years later.
90.1%
were still trading
8.7%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 12,344 companies, not a prediction for ETNOBEL. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0454939304
Capital decrease of €540,000 to €18,592
Capital from €558,592 to €18,592 · Change of role: , from manager to director · General meeting of 23-10-2019 · Gazette deed
Capital contribution of €540,000
Contributions: (€432,000); Michel PLATTEBORZE (€108,000) · General meeting of 27-03-2014 · Gazette deed
First establishment
Avenue Zénobe Gramme 22, Wavre
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ETNOBEL Wavre | €1.8m | €82,540 | 82.8% | - |
| EWAL TECHNICS Tessenderlo-Ham | €1.3m | €84,419 | 48.6% | 0.1 |
| PLASTI - LINE Ittre | €0.6m | €91,770 | 78.3% | - |
| DELTA PRODUCTION Estinnes | €2.2m | €247,512 | -2.0% | - |
| ZZip Schilde | €1.1m | €58,613 | 35.4% | 1 |
| FANLIGHT Damme | €0.7m | €63,470 | 94.0% | 0 |
| CONCEPTION, ECLAIRAGE, AUTOMATISATION Aywaille | €0.8m | €88,038 | 90.0% | - |
These companies have the same main activity as ETNOBEL: manufacture of electrical equipment (NACE 27402). They are comparable in size and age: total assets between €603,000 and €2.2m, founded between 1993 and 2006.
Official details
Source: KBO- Status
- Active since 13-04-1995Normal situation
- Activity
- Manufacture of electrical equipmentNACE 27402
- Establishment unit
- 2.071.632.7601300 Wavre, since 08-05-1995
- Financial year end
- 31 March
- Peppol
- Reachable since 24-09-2025
Annual accounts to 31-03-2026
- ≈ €240,000estimated
- €1.8m▼ 2.6%
- Employeeson 31-03-2026
- 4=
- Filing
- Filed on 15-10-2026, 16 days before the end of the filing period
Insights on ETNOBEL
ETNOBEL files the micro format. That format states no turnover. The gross margin fell from €389,718 in 2007 to €82,540 in 2026.
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 ETNOBEL
- What is the company number of ETNOBEL?
- The company number of ETNOBEL is 0454.939.304. The VAT number is the same number with BE in front: BE 0454.939.304.
- Where is ETNOBEL based?
- The registered office is at Avenue Zénobe Gramme 22, 1300 Wavre.Company details
- What does ETNOBEL do?
- According to the KBO register, the main activity is manufacture of electrical equipment (NACE 27402).
- What is the legal form of ETNOBEL?
- ETNOBEL is a private limited company (BV).
- When was ETNOBEL founded?
- ETNOBEL was founded on 13-04-1995.
- Is ETNOBEL still active?
- Yes, ETNOBEL is an active enterprise in the KBO register.
- How many employees does ETNOBEL have?
- ETNOBEL had an average of 4 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- What is the turnover of ETNOBEL?
- The turnover in financial year 2026 is ≈ €240,000. This figure is estimated from the gross margin of €82,540 and 2,982 comparable companies of the same size. It probably lies between €160,000 and €420,000. It is a rough estimate.
- Is ETNOBEL profitable?
- In financial year 2026, ETNOBEL made a loss of €52,876.
- Where can I find the annual accounts of ETNOBEL?
- ETNOBEL filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of ETNOBEL due?
- ETNOBEL must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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