ETS M CAPELLE
ActiveETS M CAPELLE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-14k) and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▲+29
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.67 against 0.64 in 2024; short-term debt: 142% and cash: 67.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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
-42%
Return on assets
6.8%
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 27711 sector peers (2025).
NBB · sector comparisonPosition among 27711 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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
20 d late
2024
30 d late
2023
83 d late
2022
423 d late
2021
178 d late
2020
121 d late
2019
89 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, micro schema
Equity
€-14k▲ 13.9%
2024 · €-17k
2018: €1k
2019: €-238
2020: €1k
2021: €2k
2022: €625
2023: €-11k
2024: €-17k
2018 → 2025
Total assets
€34k▲ 10.7%
2024 · €31k
2018: €58k
2019: €39k
2020: €38k
2021: €28k
2022: €16k
2023: €16k
2024: €31k
2018 → 2025
Net result
€2k
2024 · €-6k
2018: €-5k
2019: €-1k
2020: €1k
2021: €1k
2022: €-2k
2023: €-12k
2024: €-6k
2018 → 2025
Working capital
€-16k▲ 6.2%
2024 · €-17k
2018: €-9k
2019: €-8k
2020: €-3k
2021: €-1k
2022: €-84
2023: €-12k
2024: €-17k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€625▼ 74.0%€-11k€-17k▼ 52.2%€-14k▲ 13.9%
Operating result€2k-€929▼ 61.4%€-10k€2k€823▼ 48.9%
Net result€1k-€-2k€-12k▼ 556%€-6k▲ 50.6%€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 49% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€2k▲ 237%
Current assets
€33k▲ 6.7%
Key figures and ratios
EBITDA
€1k▼
2024 · €2k
Cash flow
€3k▲
2024 · €-6k
Solvency
-42.0%▲
2024 · -54.1%
Current ratio
0.67▲
2024 · 0.64
Quick ratio
0.67▲
2024 · 0.64
Debt / equity
-3.38▼
2024 · -2.85
ROA
6.8%▲
2024 · -18.6%
Interest coverage
0.70▲
2024 · 0.48
Debt
€49k▲
2024 · €48k
Debt ≤ 1 year
€49k▲
2024 · €48k
Income taxes
€-3k▼
2024 · €4k
Staff costs
€43k▲
2024 · €15k
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€31k€34k▲
Fixed assets21/28€536€2k▲
Tangible fixed assets22/27€86€1k▲
Plant, machinery and equipment23€86-
Furniture and vehicles24-€1k
Financial fixed assets28€450€450=
Current assets29/58€31k€33k▲
Amounts receivable within one year40/41€23k€8k▼
Trade receivables40€20k€5k▼
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€6k€23k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€31k€34k▲
Equity10/15€-17k€-14k▲
Contributions10/11€12k€12k=
Reserves13€504€504=
Non-distributable reserves130/1€504€504=
Reserves not available under the articles1311€504€504=
Profit (loss) carried forward14€-30k€-27k▲
Amounts payable17/49€48k€49k▲
Amounts payable within one year42/48€48k€49k▲
Financial debts43€8k€8k=
Credit institutions430/8€8k€8k=
Trade debts44€24k€25k▲
Suppliers440/4€24k€25k▲
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€237€2k▲
Remuneration and social security454/9€1k€3k▲
Other amounts payable47/48€15k€12k▼
Income statement
Code20242025
Non-recurring operating income76A€9k€5k▼
Remuneration, social security and pensions62€15k€43k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86€370▲
Other operating charges640/8€2k€673▼
Gross operating margin9900€18k€45k▲
Operating profit (loss)9901€2k€823▼
Financial income75/76B€530€114▼
Recurring financial income75€530€114▼
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€-1k€-774▲
Income taxes67/77€4k€-3k▼
Profit (loss) for the period9904€-6k€2k▲
Profit (loss) for the period to be appropriated9905€-6k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-27k▲
Profit (loss) brought forward from the previous period14P€-24k€-30k▼
The notes to these accounts (6 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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 83 days late
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 423 days late
2023
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 178 days late
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 121 days late
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
26-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 118 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Eghezée · 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.
Rue de la Terre Franche,Long. 685310 EghezéeGround area
1,782 m²
Building footprint
136 m²
Parcel 92076B0249/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ETS M CAPELLE
since 20142.237.441.986
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92076B0249/00M000 | Wallonia | 1,782 m² | 1 · 136 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.
Similar companies · same sector, comparable size
DELBECKE Olivier
BE 0863.555.960
Celles (lez-Tournai) · Eq €540
Invenu
BE 0675.466.032
Turnhout · Eq €463
DALLES GROUP
BE 1000.653.087
Brussel · Eq €904
Etienne VAN GOETHEM
BE 0843.427.569
Les Bons Villers · Eq €1k
VDB Plankenvloeren en Renovaties
BE 0865.359.071
Heist-op-den-Berg · Eq €1k
Of 747 companies in sector 43332 we hold annual accounts for 411. 22 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-11-2014
Fiscal year end31-12
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
43332Laying of wooden floor and wall coverings
01610Support activities for crop production
16230Manufacture of other builders' carpentry and joinery
23700Cutting, shaping and finishing of stone
25930Manufacture of fabricated metal products, except machinery and equipment
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.
Contact details
2 entriesE-mail:etsmcapelle@gmail.com
Phone:081/403812