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ETS CONTRASTES

Bankruptcy closed
Private limited companyfounded 2021KBO/BCE: BE 0774.902.316

Inactive since 14-04-2026; last annual accounts for fiscal year 2022.

Summary

ETS CONTRASTES was declared bankrupt on 10-06-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 07-04-2026, published in the Belgian State Gazette on 28-04-2026.

ETS CONTRASTESBankruptcy closed

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 28-04-2026. The registration has since been removed from the register.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-08-2023, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2022
28 d late
2021
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 2 days before the deadline; the sector median for financial year 2022 is on the deadline day, and 48% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

ETS CONTRASTES was incorporated on 1 October 2021 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2022.2 On 10 June 2024 the company was declared bankrupt; the bankruptcy was closed on 7 April 2026.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022
  3. 3Belgian State Gazette, 17-06-2024
  4. 4Belgian State Gazette, 28-04-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
€5,685▼ 54.5%
2021 · €12,499
Total assets
€54,270▲ 88.6%
2021 · €28,779
Net result
-€6,814
2021 · €10,999
Working capital
€1,336▼ 86.9%
2021 · €10,204
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022
Operating result€14,671--€6,370
Net result€10,999within the sector's middle half--€6,814below the sector's middle half
Equity€12,499below the sector's middle half-€5,685below the sector's middle half▼ 54.5%
Total assets€28,779below the sector's middle half-€54,270below the sector's middle half▲ 88.6%
Debt€16,280-€48,585▲ 198%
Working capital€10,204within the sector's middle half-€1,336below the sector's middle half▼ 86.9%
Solvency43.4%within the sector's middle half-10.5%below the sector's middle half▼ 33.0pp
Current ratio1.63within the sector's middle half-1.04below the sector's middle half▼ 0.59
Return on assets (ROA)38.2%above the sector's middle half--12.6%below the sector's middle half▼ 50.8pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000Operating result 2021: €14,671€14,671Net result 2021: €10,999€10,999Operating result 2022: -€6,370-€6,370Net result 2022: -€6,814-€6,81420212022-€10,000€0€10,000Operating result 2021: €14,671€14,700Net result 2021: €10,999€11,000Operating result 2022: -€6,370-€6,370Net result 2022: -€6,814-€6,81020212022
The operating result turns negative in 2022: a loss of €6,370 after €14,671 in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €53,504
Fixed assets €15,801 ▲ 1,002%
Current assets €37,703 ▲ 42.4%
Equity and liabilities €54,270
Equity €5,685 ▼ 54.5%
Debt €48,585 ▲ 198%
Debt's share of the balance-sheet total rises from 56.6% to 89.5%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
-€5,209▼
2021 · €15,127
Cash flow
-€5,653▼
2021 · €11,456
Debt to equity
8.55▲
2021 · 1.30
ROE
-119.9%▼
2021 · 88.0%
Interest coverage
-11.60▼
2021 · 2521.20
Debt ≤ 1 year
€36,367▲
2021 · €16,280
Debt > 1 year
€12,218
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 45 lines
Balance sheet Code20212022
Assets
Total assets20/58€28,779€54,270▲
Formation expenses20€862€766▼
Fixed assets21/28€1,434€15,801▲
Tangible fixed assets22/27€1,434€15,690▲
Furniture and vehicles24€1,434€15,690▲
Financial fixed assets28-€111
Current assets29/58€26,483€37,703▲
Amounts receivable within one year40/41€18,500€37,703▲
Trade receivables40€18,500€29,529▲
Other amounts receivable41-€8,174
Cash at bank and in hand54/58€7,983-
Equity and liabilities
Total equity and liabilities10/49€28,779€54,270▲
Equity10/15€12,499€5,685▼
Contributions10/11€1,500€1,500=
Reserves13€10,999€10,999=
Distributable reserves133€10,999€10,999=
Profit (loss) carried forward14--€6,814
Amounts payable17/49€16,280€48,585▲
Amounts payable after more than one year17-€12,218
Financial debts170/4-€12,218
Amounts payable within one year42/48€16,280€36,367▲
Current portion of amounts payable after more than one year42-€3,669
Financial debts43-€8,073
Credit institutions430/8-€8,073
Trade debts44€6,789€16,357▲
Suppliers440/4€6,789€16,357▲
Taxes, remuneration and social security45€5,001€6,947▲
Taxes450/3€5,001€6,947▲
Other amounts payable47/48€4,489€1,321▼
Income statement Code20212022
Non-recurring operating income76A-€295
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€457€1,161▲
Other operating charges640/8€348€398▲
Gross operating margin9900€15,475-€4,811▼
Operating profit (loss)9901€14,671-€6,370▼
Financial income75/76B€1€5▲
Recurring financial income75€1€5▲
Financial charges65/66B€6€449▲
Recurring financial charges65€6€449▲
Profit (loss) for the period before taxes9903€14,666-€6,814▼
Income taxes67/77€3,666-
Profit (loss) for the period9904€10,999-€6,814▼
Profit (loss) for the period to be appropriated9905€10,999-€6,814▼
Appropriation of the result
Profit (loss) to be appropriated9906€10,999-€6,814▼
Transfer to equity691/2€10,999-
To the legal reserve6920€10,999-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022Change
Non-recurring operating income76A-€295-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€457€1,161▲ 154%
Other operating charges640/8€348€398▲ 14.5%
Gross operating margin9900€15,475-€4,811▼ 131%
Operating profit (loss)9901€14,671-€6,370▼ 143%
Financial income75/76B€1€5▲ 300%
Recurring financial income75€1€5▲ 300%
Financial charges65/66B€6€449▲ 7,383%
Recurring financial charges65€6€449▲ 7,383%
Profit (loss) for the period before taxes9903€14,666-€6,814▼ 146%
Income taxes67/77€3,666--
Profit (loss) for the period9904€10,999-€6,814▼ 162%
Profit (loss) for the period to be appropriated9905€10,999-€6,814▼ 162%
Line20212022Change
Assets
Total assets20/58€28,779€54,270▲ 88.6%
Formation expenses20€862€766▼ 11.2%
Fixed assets21/28€1,434€15,801▲ 1,002%
Tangible fixed assets22/27€1,434€15,690▲ 994%
Furniture and vehicles24€1,434€15,690▲ 994%
Financial fixed assets28-€111-
Current assets29/58€26,483€37,703▲ 42.4%
Amounts receivable within one year40/41€18,500€37,703▲ 104%
Trade receivables40€18,500€29,529▲ 59.6%
Other amounts receivable41-€8,174-
Cash at bank and in hand54/58€7,983--
Equity and liabilities
Total equity and liabilities10/49€28,779€54,270▲ 88.6%
Equity10/15€12,499€5,685▼ 54.5%
Contributions10/11€1,500€1,500=
Reserves13€10,999€10,999=
Distributable reserves133€10,999€10,999=
Profit (loss) carried forward14--€6,814-
Amounts payable17/49€16,280€48,585▲ 198%
Amounts payable after more than one year17-€12,218-
Financial debts170/4-€12,218-
Amounts payable within one year42/48€16,280€36,367▲ 123%
Current portion of amounts payable after more than one year42-€3,669-
Financial debts43-€8,073-
Credit institutions430/8-€8,073-
Trade debts44€6,789€16,357▲ 141%
Suppliers440/4€6,789€16,357▲ 141%
Taxes, remuneration and social security45€5,001€6,947▲ 38.9%
Taxes450/3€5,001€6,947▲ 38.9%
Other amounts payable47/48€4,489€1,321▼ 70.6%
Line20212022Change
Profit (loss) for the period9904€10,999-€6,814▼ 162%
+ Depreciation and write-downs630€457€1,161▲ 154%
Operating cash flow (approximation)€11,456-€5,653▼ 149%
Investment in fixed assets (approximation)--€15,528-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
28-04
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 07-04-2026
2025
04-07
Bankruptcy Supervising judge replaced
Tribunal de l’entreprise francophone de Bruxelles · event 16-06-2025
2024
28-06
KBO administration Address struck
event 16-05-2024
17-06
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 10-06-2024
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Linkebeek
exact location from the address register On OpenStreetMap
Ground area
1,134 m²
Building footprint
561 m²
Volume, LiDAR
4,367 m³
Parcel 22003A0047/00X008, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
77 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22003A0047/00X008 Flanders 1,134 m² 1 · 561 m² 11.6 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator EMILIE MICHEL
Avenue De Fre 229, 1180 02 Uccle
10-06-2024 → 07-04-2026

Similar companies · same sector, comparable size

Of 29,766 companies in this sector we hold annual accounts for 16,066. 6,960 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded01-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43310Plastering work
43320Joinery installation
43331Floor and wall tiling
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.