ETEX
ETEX and the 30 companies it consolidates according to the LEI register: the structure, the figures, each company's health and where the risk sits.
Sum of the filed annual accounts of 4 of the 4 Belgian companies (fiscal years 2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.
ETEX also files consolidated accounts (fiscal year 2024): the real group figures, with intra-group positions eliminated. Checked does not read their figures yet; the document is at the National Bank's Central Balance Sheet Office.
Group risk
How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.
- The parent itself: ETEX, no verdict.
- 1 company with a loss in the latest year: MICROTHERM (-€475,902).
- 91.2% of the added-up total assets sits in one company: ETEX.
- None of the added-up total assets sits at a company with an elevated or high risk.
Group structure
Who consolidates whom, according to the LEI register. Consolidating means control: the parent takes the subsidiary into its group accounts.
- ETEX29 subsidiariesNo verdict€3.33bn €2.05bn 2025
- Healthy · 75€9.1m €4.0m 2025
- ETEX BUILDING PERFORMANCE1 subsidiaryHealthy · 80€296.3m €136.6m 2025
- PROMAT UK LIMITED
- Healthy · 70€17.1m €9.6m 2025
- ALMERIA GYPSUM SA
- E M HOLDINGS UK LIMITED
- ETERNIT MANAGEMENT HOLDING GMBH
- ETEX (EXTERIORS) UK LIMITED
- ETEX AUSTRALIA PTY LTD
- ETEX BUILDING PERFORMANCE INTERNATIONAL
- ETEX BUILDING PERFORMANCE LIMITED
- ETEX BUILDING PERFORMANCE S.A.
- Etex Finance
- ETEX FRANCE BUILDING PERFORMANCE
- Etex Germany Exteriors GmbH
- Etex Holding GmbH
- ETEX HOLDING VERMÖGENSVERWALTUNGS GMBH & CO. KG
- Etex Luxembourg S.A.
- ETEX NORDIC A/S
- ETEX POLAND SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ
- MARETEX S.A.
- MARLEY LIMITED
- Merilux S.à r.l.
- PAPETERIE DE BEGLES
- PLADUR GYPSUM SA
- PROMAT GLASGOW LIMITED
- PROMAT IBERICA SA
- PROMAT INC.
- SKAMOL A/S
- ايتيكس ميدل ايست ش.ذ.م.م
High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.
Events in the group
Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.
No publications by the group companies in the last two years in our event lists.
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Where do these figures come from?
The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.
The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.
Updated on 26-09-2026