ETS. DOMBRECHT
ActiveETS. DOMBRECHT has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €878k and a net result of €217k. Equity is growing by ~3.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+18
Solvency97▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity short (current ratio 0.15 against 0.25 in 2024; short-term debt: 11.3% and cash: 1.4% of total assets), and 28.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.6%
Return on assets
17.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
25 d late
2023
7 d late
2022
31 d early
2021
44 d early
2020
32 d early
2019
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€878k▲ 32.9%
2024 · €660k
2018: €519k
2019: €544k
2020: €563k
2021: €590k
2022: €608k
2023: €629k
2024: €660k
2018 → 2025
Total assets
€1.23M▲ 44.9%
2024 · €846k
2018: €1.03M
2019: €999k
2020: €973k
2021: €951k
2022: €906k
2023: €865k
2024: €846k
2018 → 2025
Net result
€217k▲ 591%
2024 · €31k
2018: €22k
2019: €25k
2020: €19k
2021: €27k
2022: €18k
2023: €21k
2024: €31k
2018 → 2025
Working capital
€-118k▼ 18.7%
2024 · €-100k
2018: €-436k
2019: €-377k
2020: €-335k
2021: €-273k
2022: €-220k
2023: €-165k
2024: €-100k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€590k-€608k▲ 3.1%€629k▲ 3.4%€660k▲ 5.0%€878k▲ 32.9%
Operating result€36k-€34k▼ 5.3%€38k▲ 10.5%€44k▲ 18.1%€283k▲ 537%
Net result€27k-€18k▼ 32.6%€21k▲ 12.9%€31k▲ 51.9%€217k▲ 591%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 537% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.23M
Fixed assets
€1.20M▲ 48.1%
Current assets
€21k▼ 35.2%
Equity and liabilities €1.23M
Equity
€878k▲ 32.9%
Provisions
€68k▲ 27.8%
Debt
€279k▲ 112%
The debt ratio rises from 15.6% to 22.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€348k▲
2024 · €82k
Cash flow
€282k▲
2024 · €69k
Solvency
71.6%▼
2024 · 78.1%
Current ratio
0.15▼
2024 · 0.25
Quick ratio
0.15▼
2024 · 0.25
Debt / equity
0.32▲
2024 · 0.20
ROE
24.8%▲
2024 · 4.8%
ROA
17.7%▲
2024 · 3.7%
Interest coverage
37.42▲
2024 · 8.62
Debt
€279k▲
2024 · €132k
Debt ≤ 1 year
€139k▲
2024 · €132k
Debt > 1 year
€140k
Income taxes
€42k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€846k€1.23M▲
Fixed assets21/28€813k€1.20M▲
Tangible fixed assets22/27€813k€1.20M▲
Land and buildings22€813k€1.20M▲
Financial fixed assets28€12€12=
Current assets29/58€32k€21k▼
Current investments50/53€3k€3k=
Cash at bank and in hand54/58€29k€17k▼
Deferred charges and accrued income490/1€0€542▲
Equity and liabilities
Total equity and liabilities10/49€846k€1.23M▲
Equity10/15€660k€878k▲
Contributions10/11€62k€62k=
Capital10-€62k
Issued capital100-€62k
Outside capital11€62k-
Other1109/19€62k-
Reserves13€562k€816k▲
Non-distributable reserves130/1€89k€89k=
Legal reserve130€89k€89k=
Tax-exempt reserves132€104k€205k▲
Distributable reserves133€369k€523k▲
Profit (loss) carried forward14€37k€0▼
Provisions and deferred taxes16€53k€68k▲
Deferred taxes168€53k€68k▲
Amounts payable17/49€132k€279k▲
Amounts payable after more than one year17-€140k
Financial debts170/4-€140k
Amounts payable within one year42/48€132k€139k▲
Current portion of amounts payable after more than one year42-€8k
Trade debts44€2k€120▼
Suppliers440/4€2k€120▼
Advances received on contracts in progress46€9k€9k=
Taxes, remuneration and social security45€9k€46k▲
Taxes450/3€9k€46k▲
Other amounts payable47/48€112k€77k▼
Income statement
Code20242025
Non-recurring operating income76A-€289k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€65k▲
Other operating charges640/8€7k€7k▲
Gross operating margin9900€88k€355k▲
Operating profit (loss)9901€44k€283k▲
Financial charges65/66B€9k€9k▼
Recurring financial charges65€9k€9k▼
Profit (loss) for the period before taxes9903€35k€274k▲
Transfer from deferred taxes780€3k€57k▲
Transfer to deferred taxes680-€72k
Income taxes67/77€7k€42k▲
Profit (loss) for the period9904€31k€217k▲
Transfer from tax-exempt reserves789€6k€115k▲
Transfer to tax-exempt reserves689-€216k
Profit (loss) for the period to be appropriated9905€37k€116k▲
Appropriation of the result
Profit (loss) to be appropriated9906€37k€153k▲
Profit (loss) brought forward from the previous period14P-€37k
Transfer to equity691/2€0€153k▲
To other reserves6921€0€153k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €217k ▲591%
Operating result €283k, net result €217k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €18k ▼32.6%
Net result drops to €18k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
04-11-2025
Nadia Dombrechts: Resigned as Director
10-02-2025
Alfons Dombrecht: Resigned as Director
10-02-2025
Alfons Dombrecht: Resigned as Managing director
19-11-2022
Yves Dombrecht: Resigned as Director
Location & real-estate footprint
Registered office, Middelkerke · 1 establishment unit since 1984
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Henri Jasparlaan 1298434 MiddelkerkeGround area
580 m²
Building footprint
250 m²
Parcel 35022A0003/00W046, Flanders. Linked by address, not a title deed.
1 establishment unit
Henri Jasparlaan 129, 8434 Middelkerke
since 19842.024.080.588
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35022A0003/00W046 | Flanders | 580 m² | 1 · 250 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-12-1983
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.