ETRIX
Annual accounts 2025
micro format, filed on 28-08-2026, 28 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €50,000. Estimated: probably between €24,000 and €98,000.
Balance sheet
balance sheet total €49,515 on 31-12-2025in euro
in euro
Position in the sector
-14.4%
Higher than 8% of 22,039 companies in 2025.
1.33
Higher than 29% of 21,339 companies in 2025.
12.9%
Higher than 41% of 21,530 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
49,515 | 73,189 | 75,579 | 85,132 | |
21/28 |
791 | 1,774 | 4,533 | 4,523 | |
22/27 |
791 | 1,774 | 3,883 | 4,523 | |
23 |
417 | 902 | 2,287 | 3,760 | |
24 |
375 | 872 | 1,597 | 763 | |
28 |
- | 0 | 650 | - | |
29/58 |
48,724 | 71,415 | 71,046 | 80,609 | |
3 |
25,139 | 28,423 | 21,991 | 41,229 | |
30/36 |
25,139 | 28,423 | 21,991 | 41,229 | |
40/41 |
10,142 | 35,426 | 21,691 | 21,137 | |
40 |
10,142 | 35,426 | 21,250 | 19,016 | |
41 |
- | 0 | 441 | 2,122 | |
54/58 |
13,443 | 7,567 | 27,093 | 17,971 | |
490/1 |
- | 0 | 271 | 272 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
49,515 | 73,189 | 75,579 | 85,132 | |
10/15 |
-7,127 | -13,523 | -22,523 | -19,066 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
14 |
-12,127 | -18,523 | -27,523 | -24,066 | |
17/49 |
56,642 | 86,713 | 98,102 | 104,198 | |
17 |
20,000 | 25,366 | 37,632 | 26,189 | |
170/4 |
20,000 | 25,366 | 37,632 | 26,189 | |
42/48 |
36,642 | 61,347 | 60,470 | 77,859 | |
42 |
5,366 | 12,267 | 17,635 | 9,128 | |
43 |
- | - | - | 30,000 | |
430/8 |
- | - | - | 30,000 | |
44 |
595 | 2,806 | 8,496 | 1,792 | |
440/4 |
595 | 2,806 | 8,496 | 1,792 | |
46 |
0 | 18,817 | - | - | |
45 |
9,590 | 6,862 | 13,746 | 14,904 | |
450/3 |
9,590 | 6,862 | 13,746 | 14,904 | |
47/48 |
21,092 | 20,595 | 20,594 | 22,035 | |
492/3 |
- | - | - | 150 | |
| Income statement | |||||
9900 |
9,371 | 11,127 | 39 | -16,270 | |
630 |
983 | 2,109 | 1,823 | 2,749 | |
640/8 |
120 | 505 | 109 | 812 | |
9901 |
8,268 | 8,513 | -1,892 | -19,831 | |
75/76B |
247 | 3,668 | 2,048 | 76 | |
75 |
247 | 3,668 | 2,048 | 76 | |
65/66B |
2,118 | 3,181 | 3,613 | 4,311 | |
65 |
2,118 | 3,181 | 3,613 | 4,311 | |
9903 |
6,397 | 9,000 | -3,457 | -24,066 | |
9904 |
6,397 | 9,000 | -3,457 | -24,066 | |
9905 |
6,397 | 9,000 | -3,457 | -24,066 | |
| Appropriation of the result | |||||
9906 |
-12,127 | -18,523 | -27,523 | -24,066 | |
14P |
-18,523 | -27,523 | -24,066 | - | |
| Document | |||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00446163.
Subsidies and aid
Flemish government 2023 to 2025, 3 entries, €878 awarded, €878 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €195 | €195 |
| 2024 | 1 | €195 | €195 |
| 2023 | 1 | €488 | €488 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 9,251 | 10,622 | -70 | -17,082 | ||
| 7,380 | 11,109 | -1,635 | -21,317 | ||
| 0 | -650 | 1,833 | 7,272 | ||
| 5,876 | -19,526 | 9,122 | - | ||
| 12,082 | 10,068 | 10,576 | 2,750 | ||
| -14.4% | -18.5% | -29.8% | -22.4% | ||
| 1.33 | 1.16 | 1.17 | 1.04 | ||
| 0.64 | 0.70 | 0.81 | 0.51 | ||
| 12.9% | 12.3% | -4.6% | -28.3% | ||
| 4.37 | 3.34 | -0.02 | -3.96 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| - | €55,000 | €55,000 | €55,000 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €1,183 | €6,318 |
| Intangible fixed assets | - | - | - | €954 |
| Financial fixed assets | - | - | €650 | - |
| €983 | €2,109 | €1,823 | €2,749 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on ETRIX
The operating result for 2025 is 3% lower than in 2024.
Equity is negative. Debt (€56,642) exceeds the balance-sheet total (€49,515).