L'ETABLI

Active

Private limited companyfounded 200422 yrs activeRue des Chasses(HAV) 19, 7041 Quévy, BelgiumKBO/BCE: BE 0865.752.120

L'ETABLI has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19k and a net result of €-5k. Equity is growing by ~52% per year across the filed fiscal years. Its solvency ranks better than 49% of 26052 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

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Checked score

Score 2024

64 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability26▼-54

Solvency56▲+3

Growth52=

Track record100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity ample (current ratio 6.5 against 46.48 in 2023; short-term debt: 12.3% and cash: 57.5% of total assets), but 68.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

31.3%

Return on assets

-7.5%

Age of the figures

21 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 filings

Deviation from the deadline

2025

not confirmed

2024

25 d late

2023

14 d early

2022

31 d late

2021

139 d early

2020

40 d early

2019

41 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

€20k

EBIT margin

63.9%

Net result

€-5k

2023 · €8k

2018: €14k 2019: €6k 2020: €14k 2021: €13k 2022: €10k 2023: €8k

2018 → 2024

Working capital

€42k▼ 48.1%

2023 · €80k

2018: €-47k 2019: €-43k 2020: €-23k 2021: €-9k 2022: €69k 2023: €80k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€20k

Equity€-6k-€6k€16k▲ 151%€24k▲ 46.4%€19k▼ 19.3%

Operating result€15k-€13k▼ 13.4%€10k▼ 22.3%€8k▼ 17.6%€-977

Net result€14k-€13k▼ 12.4%€10k▼ 22.4%€8k▼ 22.9%€-5k

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

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €977 after €8k in 2023, the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €61k

20.0%

80.0%

Fixed assets €12k▲ 163%

Current assets €49k▼ 40.0%

Equity and liabilities €61k

31.3%

68.7%

Equity €19k▼ 19.3%

Debt €42k▼ 32.7%

The debt ratio falls from 72.4% to 68.7%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€3k▼

2023 · €13k

Cash flow

€-981▼

2023 · €13k

Solvency

31.3%▲

2023 · 27.6%

Current ratio

6.50▼

2023 · 46.48

Quick ratio

5.10▼

2023 · 40.44

Debt / equity

2.19▼

2023 · 2.63

ROE

-24.0%▼

2023 · 31.7%

ROA

-7.5%▼

2023 · 8.7%

Interest coverage

2.04▼

2023 · 325.45

Debt

€42k▼

2023 · €63k

Debt ≤ 1 year

€8k▲

2023 · €2k

Debt > 1 year

€34k▼

2023 · €61k

Income taxes

€2k▲

2023 · €518

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€86k€61k▼

Fixed assets21/28€5k€12k▲

Tangible fixed assets22/27€5k€12k▲

Plant, machinery and equipment23€5k€12k▲

Current assets29/58€82k€49k▼

Stocks and contracts in progress3€11k€11k▼

Stocks30/36€11k€11k▼

Amounts receivable within one year40/41€299€2k▲

Trade receivables40€200€2k▲

Other amounts receivable41€100-

Cash at bank and in hand54/58€70k€35k▼

Deferred charges and accrued income490/1€970€1k▲

Equity and liabilities

Total equity and liabilities10/49€86k€61k▼

Equity10/15€24k€19k▼

Contributions10/11€19k€19k=

Profit (loss) carried forward14€5k€622▼

Amounts payable17/49€63k€42k▼

Amounts payable after more than one year17€61k€34k▼

Other amounts payable178/9€61k€34k▼

Amounts payable within one year42/48€2k€8k▲

Trade debts44€1k€551▼

Suppliers440/4€1k€551▼

Bills of exchange payable441€163-

Taxes, remuneration and social security45€518€7k▲

Taxes450/3€518€7k▲

Accrued charges and deferred income492/3-€315

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼

Other operating charges640/8€2k€6k▲

Gross operating margin9900€16k€9k▼

Operating profit (loss)9901€8k€-977▼

Financial charges65/66B€41€1k▲

Recurring financial charges65€41€1k▲

Profit (loss) for the period before taxes9903€8k€-2k▼

Income taxes67/77€518€2k▲

Profit (loss) for the period9904€8k€-5k▼

Profit (loss) for the period to be appropriated9905€8k€-5k▼

Appropriation of the result

Profit (loss) to be appropriated9906€5k€622▼

Profit (loss) brought forward from the previous period14P€-2k€5k▲

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

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

25-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 25 days late

2024

31-12

Financial Weakest financial yearnet €-5k ▼161%

Net result drops to €-5k, the lowest in the series.

17-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

31-12

Financial Liquidity times 157current ratio 135.67

Current ratio from 0.87 to 135.67; short-term debt falls from €64k to €511.

14-03

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

21-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Highest result since 2018net €14k ▲148%

Net result €14k, the highest in the series.

10-09

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 41 days late

2019

14-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 14 days late

2018

07-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

23-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 23 days late

2016

16-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 16 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, Quévy · 1 establishment unit since 2004

establishment The establishment unit on the map

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 des Chasses(HAV) 197041 Quévy

Ground area

1,810 m²

Building footprint

165 m²

Volume, LiDAR

858 m³

Parcel 53037D0433/00F000, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

L'ETABLI Sprl

Rue des Chasses(HAV) 19, 7041 QuévyNACE 2852002

since 20042.138.076.176

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
53037D0433/00F000	Wallonia	1,810 m²	1 · 165 m²	7.3 m · 2 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

CALOR-BOIS/ENERGIES NOUVELLES

Ingelmunster · Eq €19k

DECEBAL

BE 0813.222.957

Sambreville · Eq €20k

Of 1,722 companies in sector 47521 we hold annual accounts for 1,289. 445 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded14-06-2004

Fiscal year end31-12

Activities, NACEBEL

47521Retail sale of hardware, building materials, paint and glass (general range)

52461

Sources

Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:letabli@skynet.be

Enterprise