Result
-€36,972 -€36,972
From profit to loss in 2024, after a profit of €27,742 in 2023.
ETS BRUSSELS
Lifetime
8 annual accounts with figures on one time axispeak €210,955 (2023)
€140,779▼ 33.3%
lowest -€36,972 (2024)
-€36,972▼ €64,715
peak €41,491 (2023)
€4,518▼ 89.1%
€268,776▲ 47.2%
peak 1.4 FTE (2020)
-not published
Board2 names since 2021
1 directorVAN LEIJDEN Bartholomeus Hendrikus
Documentsfilings and deeds
21-11-2025113 days late
2024micro format
Gross margin from €210,955 to €140,779Loss of €36,972Equity from €41,491 to €4,518Debts from €182,649 to €268,776Investments €96,012
Key points
from the 2024 annual accountsDebts
€268,776 98% of the balance sheet
Financial debts 7%Suppliers 2%Taxes and wages 12%Other 79%
Of this, €251,099 falls due within a year.
Investments
€96,012 1.8 × depreciation
Green is investment, beige is depreciation.
Staff
4 employees on 31-12-2024
In 2024, 15 people joined and 15 left.
Filings
8 annual accounts 103 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-€36,972
Lower net result than 95% of companies in land transport. Sector median €5,875 · 6,573 companies.
Checked score
34
Weak
Financially stronger than 20% of micro companies in land transport (NACE 49)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
6.6% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,097 companies (NACE 49, micro).
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.0%
01-2025: 1.9%▼ -0.1 percentage points vs 12-2024
02-2025: 1.9%● unchanged vs 01-2025
03-2025: 1.6%▼ -0.3 percentage points vs 02-2025
04-2025: 1.6%● unchanged vs 03-2025
05-2025: 1.6%● unchanged vs 04-2025
06-2025: 1.5%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 1.6%▲ +0.1 percentage points vs 06-2025
08-2025: 2.2%▲ +0.6 percentage points vs 07-2025
09-2025: 2.6%▲ +0.4 percentage points vs 08-2025
10-2025: 4.0%▲ +1.4 percentage points vs 09-2025
11-2025: 4.2%▲ +0.2 percentage points vs 10-2025
12-2025: 3.6%▼ -0.6 percentage points vs 11-2025
01-2026: 3.6%● unchanged vs 12-2025
02-2026: 3.6%● unchanged vs 01-2026
03-2026: 3.6%● unchanged vs 02-2026
04-2026: 3.6%● unchanged vs 03-2026
05-2026: 3.6%● unchanged vs 04-2026
06-2026: 3.4%▼ -0.2 percentage points vs 05-2026
07-2026: 4.0%▲ +0.6 percentage points vs 06-2026
08-2026: 4.6%▲ +0.6 percentage points vs 07-2026
09-2026: 5.0%▲ +0.4 percentage points vs 08-2026
10-2026: 6.6%▲ +1.6 percentage points vs 09-2026highest value
11-2026: 6.6%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Figures for financial year 2024 (filed on 25-11-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 113 days late; 1 of the last 3 accounts late
Sector: Land transport and transport via pipelines (NACE 49)
Loss of €36,972 (financial year 2024)
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 49, micro). It does better than 16% of them on solvency, 28% on liquidity, 28% on profitability and 7% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 646 companies had the same profile as ETS BRUSSELS has now. Each dot stands for 2 companies, two years later.
86.1%
were still trading
5.7%
stopped another way
7.3%
went bankrupt
Another 0.9% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ETS BRUSSELS itself: 6.6% within 12 months.
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 646 companies, not a prediction for ETS BRUSSELS. 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
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.46 (0.66 in 2023), below 1. Short-term debt is 91.9% and cash 24.8% of total assets. 98.3% 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
Seven signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 6605 sector peers (2024).
NBB · sector comparisonPosition among 6605 sector peers
Solvency
better than 16%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 103 days later.
NBB · 8 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline11-11-2026 today
raises risk · 2024 accounts filed 113 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-11-2025, 113 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 8 filingsDeviation from the deadline
2025
not filed
2024
113 days late
2023
20 days late
2022
2 days late
2021
79 days late
2020
166 days late
2019
94 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 79 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- LEFEVRE Celine 50 sharesdeed of 17-01-2022
- VAN LEIJDEN Bartholomeus Hendrikus 50 sharesdeed of 17-01-2022
Recent changes
New establishment in Woluwe-Saint-Lambert
VINTAGE GAMES, Sint-Lambertusstraat 112
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0669786978
Company renamed from EMPIRE EXECUTIVE to ETS BRUSSELS
Resignation: LEFEVRE Michel Albert (managing director) · Appointment: VAN LEIJDEN Bartholomeus Hendrikus (director) · “Het leveren van diensten voor zakenmensen en hun vennootschappen.De vennootschap mag onder meer…” (deed in Dutch) · General meeting of 12-01-2022 · Gazette deed
Registered office moved within Zellik
New registered office: Goedtsberge 1 1731 Zellik · Previous registered office: Pleinstraat 1 te 1731 Zellik · General meeting of 01-01-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ETS BRUSSELS Asse | €273,295 | €140,779 | 1.7% | - |
| Primo Tours Boortmeerbeek | €238,871 | €178,623 | -89.9% | - |
| YINI Molenbeek-Saint-Jean | €275,113 | €134,475 | 61.4% | - |
| ABC NAVETTE Menen | €223,564 | €166,991 | 39.7% | - |
| GAZ SERVICES Grimbergen | €266,367 | €101,264 | 14.4% | - |
| BH COMPANY Wemmel | €307,006 | €110,299 | 44.4% | - |
| Rotsaert Luchthavenservice Damme | €374,719 | €121,755 | 11.6% | - |
These companies have the same main activity as ETS BRUSSELS: non-scheduled passenger transport by road (NACE 49320). They are comparable in size and age: total assets between €224,000 and €375,000, founded between 2015 and 2019.
Official details
Source: KBO- Status
- Active since 19-01-2017Normal situation
- Activity
- Non-scheduled passenger transport by roadNACE 49320and 1 other
- Establishment units
- 2.261.352.9811731 Asse, since 19-01-2017
- 2.392.286.2541200 Woluwe-Saint-Lambert, since 01-07-2026
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Annual accounts 2024
- ≈ €350,000estimated
- €273,295▲ 21.9%
- Employeeson 31-12-2024
- 4=
- Filing
- Filed on 21-11-2025
Insights on ETS BRUSSELS
ETS BRUSSELS files the micro format. That format states no turnover. The gross margin rose from €8,588 in 2017 to €140,779 in 2024.
The balance sheet grew most from 2022 to 2024 through fixed assets.
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 ETS BRUSSELS
- What is the company number of ETS BRUSSELS?
- The company number of ETS BRUSSELS is 0669.786.978. The VAT number is the same number with BE in front: BE 0669.786.978.
- Where is ETS BRUSSELS based?
- The registered office is at Goedtsberge 1, 1731 Asse.Company details
- What does ETS BRUSSELS do?
- According to the KBO register, the main activity is non-scheduled passenger transport by road (NACE 49320).
- What is the legal form of ETS BRUSSELS?
- ETS BRUSSELS is a private limited company (BV).
- When was ETS BRUSSELS founded?
- ETS BRUSSELS was founded on 19-01-2017.
- Is ETS BRUSSELS still active?
- Yes, ETS BRUSSELS is an active enterprise in the KBO register.
- How many employees does ETS BRUSSELS have?
- ETS BRUSSELS had an average of 3.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of ETS BRUSSELS?
- The turnover in financial year 2024 is ≈ €350,000. This figure is estimated from the gross margin of €140,779 and 86 comparable companies (NACE 49). It probably lies between €270,000 and €480,000.
- Is ETS BRUSSELS profitable?
- In financial year 2024, ETS BRUSSELS made a loss of €36,972.
- Where can I find the annual accounts of ETS BRUSSELS?
- ETS BRUSSELS filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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