NORMAL SITUATION

ET GROEP

Company — Normal situation.

Financial year 2023 · Closed on 31/12/2023

Net result2,5 M €+9 645,7 %over 1 year
Revenue158,3 k €-42,4 %over 1 year
Equity5,1 M €+93,1 %over 1 year
Workforce2,3 ETP-46,5 %over 1 year

Identity

Source · BCE/KBO

ET GROEP is a company registered in Belgium. It employs on average 2,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.710.977
Legal form
Private limited company
Contributed capital
1 150 000,00 €
Latest accounts
31/12/2023
Average workforce
2,3 ETP
Joint committees (2)
  • 119
  • 200
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 34 filings

Trend over 17 financial years

20232022202120192018
Income statement
Revenue158,3 k €275 k €1 M €1,6 M €1,7 M €
EBITDA8,3 k €3,1 k €247,2 k €145 k €164,3 k €
Operating result5 k €2,4 k €198,6 k €100,6 k €52,4 k €
Net result2,5 M €-26 k €126,9 k €79,7 k €-105,7 k €
Balance sheet
Equity5,1 M €2,7 M €2,7 M €2,7 M €2,7 M €
Total assets5,7 M €7,4 M €5,9 M €4,7 M €4,8 M €
Cash–308,5 €2,2 k €–337,4 k €
Debts527,8 k €4,7 M €3,2 M €1,9 M €2,1 M €
Other
Workforce2,3 ETP4,3 ETP6,0 ETP3,8 ETP5,7 ETP

Board of directors

Source · NBB, accounts to 31/12/2023

2 active · 14 ended

Active mandates

Arvesta Belgium

Director · since 16 juin 2021 · until 01 janvier 2024 · 0734.562.390

Represented by Paul Deleu

Active
Lakelane

Director · since 16 juin 2021 · until 01 janvier 2024 · 0840.195.786

Represented by Sabine De veilder

Active

Ended mandates

Arvesta Belgium

Director · since 16 juin 2021 · until 18 juin 2025 · 0734.562.390

Represented by Paul Deleu

Ended
Lakelane

Director · since 16 juin 2021 · until 18 juin 2025 · 0840.195.786

Represented by Sabine De Veilder

Ended
Hye Tim

Director · since 19 mars 2020 · until 12 mai 2022

Ended
4PROGRESS

Director · since 13 décembre 2019 · 0737.769.033

Represented by Stefan De Clercq

Ended

Full financial information

Source · NBB
202320222021202020192018
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/06/202430/06/202314/07/202230/08/202131/08/202029/10/2019
General meeting28/05/202421/06/202315/06/202216/06/202117/06/202009/09/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 34 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202328/05/202428/06/2024DutchPDF
Full model31/12/202221/06/202330/06/2023DutchPDF
Full model31/12/202115/06/202214/07/2022DutchPDF
Full model31/12/202016/06/202130/08/2021DutchPDF
Full model31/12/201917/06/202031/08/2020DutchPDF
Full model31/12/201809/09/201929/10/2019DutchPDF
Abridged model31/12/201720/06/201830/08/2018DutchPDF
Abridged model31/12/201621/06/201722/06/2017DutchPDF
Abridged model31/12/201515/06/201620/07/2016DutchPDF
Abridged model31/12/201417/06/201512/08/2015DutchPDF
Abridged model31/12/201318/06/201418/07/2014DutchPDF
Abridged model31/12/201219/06/201318/07/2013DutchPDF
Abridged model31/12/201120/06/201216/07/2012DutchPDF
Abridged model31/12/201015/06/201119/07/2011DutchPDF
Abridged model31/12/200916/06/201016/07/2010DutchPDF
Abridged model31/12/200817/06/200913/07/2009DutchPDF
Abridged model31/12/200718/06/200816/07/2008DutchPDF
Abridged model30/12/200619/05/200720/07/2007DutchPDF
Abridged model30/12/200520/05/200630/06/2006DutchPDF
Abridged model30/12/200421/05/200527/07/2005DutchPDF
Abridged model30/12/200315/05/200429/07/2004DutchPDF
Abridged model30/12/200217/05/200329/07/2003DutchPDF
Abridged model30/12/200118/05/200219/06/2002DutchPDF
Abridged model30/12/200019/05/200129/06/2001DutchPDF

View all 34 filings

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2023

2 active · 14 ended

Active mandates

Arvesta Belgium

Director · since 16 juin 2021 · until 01 janvier 2024 · 0734.562.390

Represented by Paul Deleu

Active
Lakelane

Director · since 16 juin 2021 · until 01 janvier 2024 · 0840.195.786

Represented by Sabine De veilder

Active

Ended mandates

Arvesta Belgium

Director · since 16 juin 2021 · until 18 juin 2025 · 0734.562.390

Represented by Paul Deleu

Ended
Lakelane

Director · since 16 juin 2021 · until 18 juin 2025 · 0840.195.786

Represented by Sabine De Veilder

Ended
Hye Tim

Director · since 19 mars 2020 · until 12 mai 2022

Ended
4PROGRESS

Director · since 13 décembre 2019 · 0737.769.033

Represented by Stefan De Clercq

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution24/01/2024
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring21/11/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates31/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring24/07/2020
    BENAMING - DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring05/06/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates23/04/2020
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 20232,5 M €↑
  2. 2022
    Annual accounts 2022-26 k €↓
  3. 2021
    Annual accounts 2021126,9 k €↑
  4. 2019
    Annual accounts 201979,7 k €↑
  5. 2018
    Annual accounts 2018-105,7 k €↓
  6. 2017
    Annual accounts 201727,4 k €↑
  7. 2016
    Annual accounts 20169,9 k €↑
  8. 2015
    Annual accounts 2015-6,6 k €↓
  9. 2014
    Annual accounts 2014708,3 k €↑
  10. 2013
    Annual accounts 20136,3 k €↑
  11. 2012
    Annual accounts 2012-12,8 k €↓
  12. 2011
    Annual accounts 2011816,8 k €↑
  13. 2010
    Annual accounts 201027,5 k €↑
  14. 2009
    Annual accounts 200917,1 k €↓
  15. 2008
    Annual accounts 200822,7 k €↑
  16. 2007
    Annual accounts 20079,6 k €↑
  17. 2006
    Annual accounts 2006206,8 €