OPENING OF BANKRUPTCY

ETRACON

Financial year 2025 · closed on 31/03/2025
Net result
16 k €
-1.7% YoY
Gross margin
68 k €
+7.8% YoY
Equity
202,5 k €
+8.6% YoY
Workforce
0,0 ETP
-100.0% YoY

Company — Opening of bankruptcy.

Strike-off: 24 juin 2026

What does ETRACON do?

ETRACON is a Private limited company incorporated in 1994. Its main activity is: Agents involved in the sale of machinery, industrial equipment, ships and aircraft. Its registered office is in Ledegem.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0454.088.474
Incorporation
22/12/1994
Legal form
Private limited company
Registered office
't Lindeke 4
8880 Ledegem · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/03/2025
Average workforce
0,0 ETP
Joint committees (4)
  • 14904
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220182016201520142012201120102009200820072006
Income statement
Gross margin68 k €63,1 k €155,7 k €160,2 k €693,9 k €468,3 k €29,2 k €913,6 k €770 k €584,1 k €418,1 k €355,1 k €250 k €360,3 k €231,1 k €
EBITDA27,3 k €51,2 k €22,4 k €42,3 k €50,1 k €26,1 k €-373,2 k €196,6 k €187,3 k €146,3 k €111,3 k €113,3 k €-3,6 k €157,6 k €86,5 k €
Operating result27,3 k €51,2 k €31,4 k €42,3 k €7 k €6,5 k €-396,9 k €131,1 k €146 k €109,4 k €82,5 k €76,4 k €-28,9 k €130,2 k €51,8 k €
Net result16 k €16,3 k €17,9 k €4,8 k €-44,5 k €-10,8 k €25,2 k €12,9 k €63,3 k €30,1 k €15,2 k €52,6 k €-114,8 k €20,6 k €-28,2 k €
Balance sheet
Equity202,5 k €186,5 k €170,2 k €152,3 k €356 k €400,5 k €411,3 k €388,2 k €375,4 k €312,1 k €282 k €266,8 k €214,2 k €328,9 k €308,3 k €
Total assets450 k €544,1 k €977,8 k €609,7 k €1 M €1,5 M €1,6 M €2,7 M €3 M €3,1 M €2,1 M €2,7 M €1,9 M €2,1 M €3,2 M €
Cash29,3 k €6,7 k €127,3 k €7,1 k €32,8 k €113 k €83,8 k €226,6 k €208,2 k €143,4 k €90,1 k €159,7 k €45 k €33,5 k €202,7 k €
Debts247,5 k €357,6 k €807,6 k €457,3 k €651,9 k €1,1 M €1,2 M €2,3 M €2,5 M €2,6 M €1,8 M €2,3 M €1,6 M €1,8 M €2,9 M €
Other
Workforce0,0 ETP0,7 ETP1,0 ETP1,0 ETP4,8 ETP5,8 ETP5,8 ETP7,1 ETP8,0 ETP4,0 ETP4,0 ETP4,0 ETP3,3 ETP3,1 ETP2,6 ETP
Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 9 ended

Active mandates

Erik Espeel

Director · since 25 septembre 2020

Active

Ended mandates

Krista Basyn

Director · since 01 octobre 2002

Ended
Krista Basyn

Manager · since 01 octobre 2002

Ended
Krista Basyn

Manager · since 18 septembre 2002

Ended
Erik Espeel

Director · since 22 décembre 1994

Ended
At this address

Other companies at this address

CompanyCBE no.
FIDOMATICActive
0838.586.774
Groep FidomaticActive
0792.704.388
Annual accounts

Full financial information

202520242023202220212019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/10/201901/04/2018
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202130/09/2019
Length of the financial year12 months12 months12 months12 months18 months18 months
Filing date24/10/202528/10/202429/09/202328/10/202229/10/202111/06/2020
General meeting19/09/202520/09/202415/09/202330/09/202217/09/202120/04/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202519/09/202524/10/2025DutchPDF
Abridged model31/03/202420/09/202428/10/2024DutchPDF
Abridged model31/03/202315/09/202329/09/2023DutchPDF
Abridged model31/03/202230/09/202228/10/2022DutchPDF
Abridged model31/03/202117/09/202129/10/2021DutchPDF
Abridged model30/09/201920/04/202011/06/2020DutchPDF
Abridged model31/03/201828/09/201826/10/2018DutchPDF
Abridged model30/06/201628/12/201627/01/2017DutchPDF
Abridged model30/06/201518/12/201518/12/2015DutchPDF
Abridged model30/06/201426/12/201426/01/2015DutchPDF
Abridged model31/12/201221/06/201303/07/2013DutchPDF
Abridged model31/12/201115/06/201221/06/2012DutchPDF
Abridged model31/12/201017/06/201120/06/2011DutchPDF
Abridged model31/12/200918/06/201016/07/2010DutchPDF
Abridged model31/12/200827/06/200928/07/2009DutchPDF
Abridged model31/12/200720/06/200830/08/2008DutchPDF
Abridged model31/12/200615/06/200722/08/2007DutchPDF
Estimate

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.

Discover the Business plan
Disclaimer

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

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 9 ended

Active mandates

Erik Espeel

Director · since 25 septembre 2020

Active

Ended mandates

Krista Basyn

Director · since 01 octobre 2002

Ended
Krista Basyn

Manager · since 01 octobre 2002

Ended
Krista Basyn

Manager · since 18 septembre 2002

Ended
Erik Espeel

Director · since 22 décembre 1994

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/10/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other02/04/2019
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other04/08/2017
    BOEKJAAR
    PDF
  • Restructuring28/08/2014
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring20/05/2014
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other15/01/2014
    ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates03/10/2002
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/10/2002
    MAATSCHAPPELIJKE ZETEL
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202516 k €
  2. 2024
    Annual accounts 202416,3 k €
  3. 2023
    Annual accounts 202317,9 k €
  4. 2022
    Annual accounts 20224,8 k €
  5. 2018
    Annual accounts 2018-44,5 k €
  6. 2016
    Annual accounts 2016-10,8 k €
  7. 2015
    Annual accounts 201525,2 k €
  8. 2014
    Annual accounts 201412,9 k €
  9. 2012
    Annual accounts 201263,3 k €
  10. 2011
    Annual accounts 201130,1 k €
  11. 2010
    Annual accounts 201015,2 k €
  12. 2009
    Annual accounts 200952,6 k €
  13. 2008
    Annual accounts 2008-114,8 k €
  14. 2007
    Annual accounts 200720,6 k €
  15. 2006
    Annual accounts 2006-28,2 k €
  16. 22/12/1994
    IncorporationPrivate limited company