ETS INTERART
ActiveThe computed 12-month bankruptcy probability of ETS INTERART is 2.0% (moderate). The 2025 annual accounts show equity of €62k and a net result of €-2k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 31% of 7760 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▼-10
Solvency53▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.4 against 1.45 in 2024; short-term debt: 71.5% and cash: 1.4% of total assets), and 71.5% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
28.5%
Return on assets
-1.2%
Age of the figures
9 mo
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
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
27 d late
2023
37 d late
2022
46 d late
2021
30 d late
2020
88 d late
2019
112 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2k▼ 45.5%
2024 · €-2k
2018: €33k
2019: €19k
2020: €14k
2021: €734
2022: €7k
2023: €-19k
2024: €-2k
2018 → 2025
Working capital
€61k▼ 7.9%
2024 · €67k
2018: €57k
2019: €66k
2020: €63k
2021: €103k
2022: €130k
2023: €77k
2024: €67k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€79k-€85k▲ 8.4%€66k▼ 22.8%€64k▼ 2.6%€62k▼ 3.9%
Operating result€3k-€15k▲ 348%€-19k€2k€-2k
Net result€734-€7k▲ 796%€-19k€-2k▲ 91.2%€-2k▼ 45.5%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €216k
Fixed assets
€305▼ 38.7%
Current assets
€216k▲ 1.3%
Equity and liabilities €216k
Equity
€62k▼ 3.9%
Debt
€155k▲ 3.4%
The debt ratio rises from 70.0% to 71.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▼
2024 · €4k
Cash flow
€-2k▼
2024 · €518
Solvency
28.5%▼
2024 · 30.0%
Current ratio
1.40▼
2024 · 1.45
Quick ratio
1.40▼
2024 · 1.45
Debt / equity
2.51▲
2024 · 2.34
ROE
-4.0%▼
2024 · -2.7%
ROA
-1.2%▼
2024 · -0.8%
Interest coverage
-2.28▼
2024 · 1.15
Debt
€155k▲
2024 · €150k
Debt ≤ 1 year
€155k▲
2024 · €147k
Staff costs
€70k▼
2024 · €95k
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€214k€216k▲
Fixed assets21/28€498€305▼
Tangible fixed assets22/27€286€93▼
Furniture and vehicles24€286€93▼
Financial fixed assets28€212€212=
Current assets29/58€213k€216k▲
Amounts receivable after more than one year29€138k€64k▼
Other amounts receivable291€138k€64k▼
Amounts receivable within one year40/41€73k€149k▲
Trade receivables40€50k€113k▲
Other amounts receivable41€23k€35k▲
Cash at bank and in hand54/58€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€214k€216k▲
Equity10/15€64k€62k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€56k€54k▼
Amounts payable17/49€150k€155k▲
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€147k€155k▲
Current portion of amounts payable after more than one year42€18k€11k▼
Financial debts43€600-
Credit institutions430/8€600-
Trade debts44€99k€105k▲
Suppliers440/4€99k€105k▲
Taxes, remuneration and social security45€30k€39k▲
Taxes450/3€20k€30k▲
Remuneration and social security454/9€10k€9k▼
Income statement
Code20242025
Remuneration, social security and pensions62€95k€70k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€193▼
Other operating charges640/8€823€2k▲
Gross operating margin9900€100k€70k▼
Operating profit (loss)9901€2k€-2k▼
Financial income75/76B€0€378▲
Recurring financial income75€0€378▲
Financial charges65/66B€3k€816▼
Recurring financial charges65€3k€816▼
Profit (loss) for the period before taxes9903€-2k€-2k▼
Profit (loss) for the period9904€-2k€-2k▼
Profit (loss) for the period to be appropriated9905€-2k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€54k▼
Profit (loss) brought forward from the previous period14P€58k€56k▼
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (7 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
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
06-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 37 days late
2023
31-12
Financial
Weakest financial yearnet €-19k ▼396%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 46 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 88 days late
2020
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 112 days late
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 56 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 58 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Watermaal-Bosvoorde · 1 establishment unit since 2014
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.
Rode Stenenstraat 23A1170 Watermaal-BosvoordeGround area
352 m²
Building footprint
227 m²
Volume, LiDAR
1,284 m³
Parcel 21017D0119/00H002, Brussels · tallest building 12.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rode Stenenstraat 23a, 1170 Watermaal-Bosvoorde
since 20142.236.177.919
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0119/00H002 | Brussels | 352 m² | 1 · 227 m² | 12.3 m · 1 fl. |
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.
Similar companies · same sector, comparable size
IRMAOS SILVA
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MARNIK SNOECK
BE 0874.249.815
Hamme (Vl.) · Eq €62k
DINAKO
BE 0472.195.307
Tienen · Eq €62k
SILO CONSULT
BE 0870.415.939
Jurbise · Eq €62k
DRT Energy
BE 0755.469.157
Linkebeek · Eq €62k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,187 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-09-2014
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
43120Site preparation
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
43410Roofing work
43421Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.