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Etym

Active
Private limited companyfounded 20251 yr activeGrotenbergestraat 143/2, 9620 Zottegem, BelgiumKBO/BCE: BE 1023.830.446
Summary

Etym has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€12,269) and a net result of -€13,269. Its solvency ranks better than 9% of 200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.41; short-term debt: 245% and cash: 71.8% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Manufacture of computer, electronic and optical products (NACE 26)
about 73% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
-145%
Return on assets
-156.9%
Age of the figures
9 mo
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
16 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Etym was incorporated on 28 May 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€12,269
Total assets
€8,459
Net result
-€13,269
Working capital
-€12,269

Turnover and EBIT margin not published: the micro schema does not require them.

Key figures and ratios
2025 value
Solvency
-145.0%
Current ratio
0.41
Debt to equity
-1.69
ROA
-156.9%
Debt
€20,728
Debt ≤ 1 year
€20,728
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 25 lines
Balance sheet Code2025
Assets
Total assets20/58€8,459
Current assets29/58€8,459
Amounts receivable within one year40/41€2,382
Trade receivables40€2,357
Other amounts receivable41€25
Cash at bank and in hand54/58€6,077
Equity and liabilities
Total equity and liabilities10/49€8,459
Equity10/15-€12,269
Contributions10/11€1,000
Profit (loss) carried forward14-€13,269
Amounts payable17/49€20,728
Amounts payable within one year42/48€20,728
Trade debts44€1,673
Suppliers440/4€1,673
Taxes, remuneration and social security45€666
Taxes450/3€666
Other amounts payable47/48€18,390
Income statement Code2025
Gross operating margin9900-€13,168
Operating profit (loss)9901-€13,168
Financial charges65/66B€101
Recurring financial charges65€101
Profit (loss) for the period before taxes9903-€13,269
Profit (loss) for the period9904-€13,269
Profit (loss) for the period to be appropriated9905-€13,269
Appropriation of the result
Profit (loss) to be appropriated9906-€13,269

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Gross operating margin9900-€13,168
Operating profit (loss)9901-€13,168
Financial charges65/66B€101
Recurring financial charges65€101
Profit (loss) for the period before taxes9903-€13,269
Profit (loss) for the period9904-€13,269
Profit (loss) for the period to be appropriated9905-€13,269
Line2025
Assets
Total assets20/58€8,459
Current assets29/58€8,459
Amounts receivable within one year40/41€2,382
Trade receivables40€2,357
Other amounts receivable41€25
Cash at bank and in hand54/58€6,077
Equity and liabilities
Total equity and liabilities10/49€8,459
Equity10/15-€12,269
Contributions10/11€1,000
Profit (loss) carried forward14-€13,269
Amounts payable17/49€20,728
Amounts payable within one year42/48€20,728
Trade debts44€1,673
Suppliers440/4€1,673
Taxes, remuneration and social security45€666
Taxes450/3€666
Other amounts payable47/48€18,390
Line2025
Profit (loss) for the period9904-€13,269
Operating cash flow (approximation)-€13,269

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
15-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB 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
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, Zottegem · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
517 m²
Building footprint
222 m²
Volume, LiDAR
760 m³
Parcel 41023A0236/00G000, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Etym
Grotenbergestraat 143/2, 9620 ZottegemManufacture of computer, electronic and optical products
since 20252.375.720.931
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41023A0236/00G000 Flanders 517 m² 1 · 222 m² 6.9 m · 1 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 122 companies in sector 26300 we hold annual accounts for 97. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-05-2025
Fiscal year end31-12
Activities, NACEBEL 2025
26300Manufacture of computer, electronic and optical products
43211General electrical installation work
61200Telecommunications resale and intermediation services
61900Telecommunications
95100Repair and maintenance of computers and communication equipment

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