ETPC
ActiveSummary
ETPC has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106k and a net result of €2k. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 25% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▲+3
Solvency53▲+7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity short (current ratio 0.93 against 0.88 in 2023; short-term debt: 72.5% and cash: 19.3% of total assets), and 72.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2024Solvency, return and age of the figures
Solvency
27.5%
Return on assets
0.6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
153 d late
2023
515 d late
2022
30 d late
2021
29 d late
2020
31 d late
2019
152 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€106k▲ 2.2%
2023 · €104k
2019: €10klowest in 6 years
2020: €33k▲ +242% vs 2019
2021: €170k▲ +417% vs 2020highest in 6 years
2022: €146k▼ -14.0% vs 2021
2023: €104k▼ -28.8% vs 2022
2024: €106k▲ +2.2% vs 2023
2019 → 2024
Total assets
€386k▼ 20.5%
2023 · €485k
2019: €164klowest in 6 years
2020: €236k▲ +44.0% vs 2019
2021: €444k▲ +87.9% vs 2020
2022: €615k▲ +38.6% vs 2021highest in 6 years
2023: €485k▼ -21.1% vs 2022
2024: €386k▼ -20.5% vs 2023
2019 → 2024
Net result
€2k
2023 · €-9k
2019: €-1k
2020: €23k▲ +2188% vs 2019
2021: €137k▲ +490% vs 2020highest in 6 years
2022: €-24k▼ -117% vs 2021lowest in 6 years
2023: €-9k▲ +62.1% vs 2022
2024: €2k▲ +125% vs 2023
2019 → 2024
Working capital
€-19k▲ 60.4%
2023 · €-47k
2019: €-6k
2020: €-16k▼ -172% vs 2019
2021: €-859▲ +94.6% vs 2020highest in 6 years
2022: €-17k▼ -1921% vs 2021
2023: €-47k▼ -171% vs 2022lowest in 6 years
2024: €-19k▲ +60.4% vs 2023
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€33k-€170k▲ 417%€146k▼ 14.0%€104k▼ 28.8%€106k▲ 2.2%
2020: €33klowest in 5 years
2021: €170k▲ +417% vs 2020highest in 5 years
2022: €146k▼ -14.0% vs 2021
2023: €104k▼ -28.8% vs 2022
2024: €106k▲ +2.2% vs 2023
Operating result€35k-€181k▲ 414%€-16k€-11k▲ 28.9%€7k
2020: €35k
2021: €181k▲ +414% vs 2020highest in 5 years
2022: €-16k▼ -109% vs 2021lowest in 5 years
2023: €-11k▲ +28.9% vs 2022
2024: €7k▲ +165% vs 2023
Net result€23k-€137k▲ 490%€-24k€-9k▲ 62.1%€2k
2020: €23k
2021: €137k▲ +490% vs 2020highest in 5 years
2022: €-24k▼ -117% vs 2021lowest in 5 years
2023: €-9k▲ +62.1% vs 2022
2024: €2k▲ +125% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €7k after a loss of €11k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €386k
Fixed assets
€125k ▼ 17.3%
Current assets
€261k ▼ 21.9%
Equity and liabilities €386k
Equity
€106k ▲ 2.2%
Debt
€279k ▼ 26.7%
Debt's share of the balance-sheet total falls from 78.6% to 72.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▲
2023 · €1k
Cash flow
€14k▲
2023 · €3k
Current ratio
0.93▲
2023 · 0.88
Debt to equity
2.63▼
2023 · 3.67
ROE
2.2%▲
2023 · -8.7%
ROA
0.6%▲
2023 · -1.9%
Interest coverage
468.40▲
2023 · 21.74
Debt ≤ 1 year
€279k▼
2023 · €381k
Income taxes
€5k▲
2023 · €-2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€485k€386k▼
Fixed assets21/28€151k€125k▼
Tangible fixed assets22/27€33k€21k▼
Furniture and vehicles24€33k€21k▼
Financial fixed assets28€118k€104k▼
Current assets29/58€334k€261k▼
Amounts receivable after more than one year29-€15k
Trade receivables290-€15k
Amounts receivable within one year40/41€217k€172k▼
Trade receivables40€48k€47k▼
Other amounts receivable41€168k€125k▼
Cash at bank and in hand54/58€118k€74k▼
Equity and liabilities
Total equity and liabilities10/49€485k€386k▼
Equity10/15€104k€106k▲
Profit (loss) carried forward14€104k€106k▲
Amounts payable17/49€381k€279k▼
Amounts payable within one year42/48€381k€279k▼
Trade debts44€130k€50k▼
Suppliers440/4€130k€50k▼
Taxes, remuneration and social security45€53k€61k▲
Taxes450/3€12k€33k▲
Remuneration and social security454/9€41k€28k▼
Other amounts payable47/48€197k€168k▼
Income statement
Code20232024
Remuneration, social security and pensions62€211-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€11k▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€4k€23k▲
Operating profit (loss)9901€-11k€7k▲
Financial income75/76B€349-
Recurring financial income75€349-
Financial charges65/66B€275€85▼
Recurring financial charges65€53€40▼
Non-recurring financial charges66B€222€45▼
Profit (loss) for the period before taxes9903€-11k€7k▲
Income taxes67/77€-2k€5k▲
Profit (loss) for the period9904€-9k€2k▲
Profit (loss) for the period to be appropriated9905€-9k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€104k€106k▲
Profit (loss) brought forward from the previous period14P€113k€104k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €211 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €11k | €12k | €11k | ▼ 7.6% |
| Other operating charges640/8 | - | €815 | €10k | €2k | €4k | ▲ 76.1% |
| Gross operating margin9900 | €39k | €184k | €6k | €4k | €23k | ▲ 510% |
| Operating profit (loss)9901 | €35k | €181k | €-16k | €-11k | €7k | ▲ 165% |
| Financial income75/76B | - | - | €2 | €349 | - | - |
| Recurring financial income75 | - | - | €2 | €349 | - | - |
| Financial charges65/66B | - | €76 | €3k | €275 | €85 | ▼ 69.1% |
| Recurring financial charges65 | €2k | €76 | €3k | €53 | €40 | ▼ 24.5% |
| Non-recurring financial charges66B | - | - | - | €222 | €45 | ▼ 79.7% |
| Profit (loss) for the period before taxes9903 | €33k | €181k | €-19k | €-11k | €7k | ▲ 165% |
| Income taxes67/77 | €10k | €44k | €5k | €-2k | €5k | ▲ 331% |
| Profit (loss) for the period9904 | €23k | €137k | €-24k | €-9k | €2k | ▲ 125% |
| Profit (loss) for the period to be appropriated9905 | €23k | €137k | €-24k | €-9k | €2k | ▲ 125% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €236k | €444k | €615k | €485k | €386k | ▼ 20.5% |
| Fixed assets21/28 | €49k | €172k | €163k | €151k | €125k | ▼ 17.3% |
| Tangible fixed assets22/27 | €5k | €53k | €45k | €33k | €21k | ▼ 35.0% |
| Furniture and vehicles24 | - | €53k | €45k | €33k | €21k | ▼ 35.0% |
| Financial fixed assets28 | €44k | €118k | €118k | €118k | €104k | ▼ 12.4% |
| Current assets29/58 | €187k | €272k | €451k | €334k | €261k | ▼ 21.9% |
| Amounts receivable after more than one year29 | - | - | - | - | €15k | - |
| Trade receivables290 | - | - | - | - | €15k | - |
| Amounts receivable within one year40/41 | €168k | €133k | €241k | €217k | €172k | ▼ 20.8% |
| Trade receivables40 | - | €47k | €84k | €48k | €47k | ▼ 2.1% |
| Other amounts receivable41 | - | €86k | €158k | €168k | €125k | ▼ 26.1% |
| Cash at bank and in hand54/58 | €20k | €138k | €206k | €118k | €74k | ▼ 36.6% |
| Deferred charges and accrued income490/1 | - | - | €4k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €236k | €444k | €615k | €485k | €386k | ▼ 20.5% |
| Equity10/15 | €33k | €170k | €146k | €104k | €106k | ▲ 2.2% |
| Contributions10/11 | €30k | €30k | €30k | - | - | - |
| Reserves13 | €3k | €3k | €3k | - | - | - |
| Non-distributable reserves130/1 | - | €3k | €3k | - | - | - |
| Reserves not available under the articles1311 | - | €3k | €3k | - | - | - |
| Profit (loss) carried forward14 | €-206 | €137k | €113k | €104k | €106k | ▲ 2.2% |
| Amounts payable17/49 | €203k | €274k | €469k | €381k | €279k | ▼ 26.7% |
| Amounts payable within one year42/48 | €203k | €273k | €469k | €381k | €279k | ▼ 26.7% |
| Financial debts43 | - | - | €2k | - | - | - |
| Credit institutions430/8 | - | - | €2k | - | - | - |
| Trade debts44 | €6k | €13k | €224k | €130k | €50k | ▼ 61.7% |
| Suppliers440/4 | - | €13k | €224k | €130k | €50k | ▼ 61.7% |
| Taxes, remuneration and social security45 | - | €93k | €78k | €53k | €61k | ▲ 14.8% |
| Taxes450/3 | - | €47k | €47k | €12k | €33k | ▲ 173% |
| Remuneration and social security454/9 | - | €45k | €31k | €41k | €28k | ▼ 32.1% |
| Other amounts payable47/48 | - | €167k | €164k | €197k | €168k | ▼ 14.7% |
| Accrued charges and deferred income492/3 | - | €1k | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23k | €137k | €-24k | €-9k | €2k | ▲ 125% |
| + Depreciation and write-downs630 | €2k | €2k | €11k | €12k | €11k | ▼ 7.6% |
| Operating cash flow (approximation) | €25k | €139k | €-12k | €3k | €14k | ▲ 308% |
| Investment in fixed assets (approximation) | - | €-125k | €-3k | €0 | €15k | - |
| Change in cash | - | €119k | €68k | €-89k | €-43k | ▲ 51.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
28-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 515 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Highest result since 2019net €137k ▲490%
Operating result €181k, net result €137k, both a record.
31-12
Financial
Equity above €150kEq €170k ▲417%
2 profitable years in a row build equity to €170k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 152 days late
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 121 days late
Show earlier events
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 59 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Ukkel · 1 establishment unit since 2013
Ground area
5,459 m²
Building footprint
571 m²
Volume, LiDAR
4,434 m³
2 parcels, Brussels, Wallonia · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
27
companies at this address
See who is registered here
1 establishment unit
Route d'Ottignies 90, 1380 Lasne
since 20132.222.487.160
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051H0066/00F000 | Wallonia | 4,118 m² | 1 · 159 m² | - |
| 21616A0195/00N015 | Brussels | 1,341 m² | 1 · 412 m² | 15.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,710 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-09-2013
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.