ACTIVE

ETIMAR

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Financial year 2025 · closed on 31/12/2025

Net result

-135,7 k €

-447.0% YoY

Gross margin

152,4 k €

-12.3% YoY

Equity

1,5 M €

-8.1% YoY

Workforce

0,0 ETP

What does ETIMAR do?

ETIMAR is a Private limited company incorporated in 1995. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.068.759

Incorporation

19/09/1995

Legal form

Private limited company

Registered office

Prins Boudewijnlaan 116
2610 Antwerpen · FlandreSee on map

Contributed capital

1 000 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Joint committees (2)

Signals

Positive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	152,4 k €	-12.3%	173,9 k €	+1244%	12,9 k €	-98.1%	689,5 k €	-71.9%	2,5 M €	+88.6%	1,3 M €	-57.1%	3 M €	+836%	323,5 k €	+163%	123,1 k €	-61.1%	316,9 k €	-3.8%	329,6 k €	+151%	131,4 k €	-58.6%	317,2 k €	-25.1%	423,7 k €	+3371%	12,2 k €	+136%	5,2 k €	+155%	-9,4 k €	-867%	-973 €	+44.2%	-1,7 k €	+54.7%	-3,9 k €
EBITDA	135,6 k €	-17.3%	163,9 k €	+1531%	10 k €	-98.5%	686,9 k €	-71.9%	2,4 M €	+89.5%	1,3 M €	-57.3%	3 M €	+855%	317,1 k €	+178%	114,2 k €	-63.8%	315,9 k €	-3.9%	328,6 k €	+152%	130,4 k €	-58.6%	314,7 k €	-25.5%	422,5 k €	+4112%	10 k €	+111%	4,8 k €	+229%	-3,7 k €	-168%	-1,4 k €	+35.5%	-2,1 k €	-378%	766 €
Operating result	135,6 k €	-17.3%	163,9 k €	+1531%	10 k €	-98.5%	686,9 k €	-71.8%	2,4 M €	+90.2%	1,3 M €	-57.5%	3 M €	+881%	307,4 k €	+169%	114,2 k €	-63.8%	315,9 k €	-3.9%	328,6 k €	+152%	130,4 k €	-58.6%	314,7 k €	-25.5%	422,5 k €	+4112%	10 k €	+111%	4,8 k €	+229%	-3,7 k €	-168%	-1,4 k €	+35.5%	-2,1 k €	-378%	766 €
Net result	-135,7 k €	-447%	39,1 k €	+1745%	-2,4 k €	-100%	503,9 k €	-71.1%	1,7 M €	+113%	819,1 k €	-58.4%	2 M €	+2313%	81,5 k €	+623%	11,3 k €	-91.5%	132,6 k €	-35.8%	206,6 k €	+148%	83,2 k €	-58.7%	201,4 k €	-42.5%	350,3 k €	+6825%	5,1 k €	+115%	-33 k €	-1235%	2,9 k €	-12.0%	3,3 k €	+10.2%	3 k €	+54.5%	1,9 k €
Balance sheet
Equity	1,5 M €	-8.1%	1,7 M €	+2.4%	1,6 M €	-0.1%	1,6 M €	+44.0%	1,1 M €	-70.7%	3,9 M €	+26.6%	3,1 M €	+64.4%	1,9 M €	+4.5%	1,8 M €	+0.6%	1,8 M €	+8.0%	1,6 M €	+14.3%	1,4 M €	+6.1%	1,4 M €	+17.4%	1,2 M €	+14.9%	1 M €	+0.5%	1 M €	-3.2%	1 M €	+1249%	76,7 k €	+4.5%	73,4 k €	+4.3%	70,4 k €
Total assets	8,5 M €	+13.6%	7,5 M €	+275%	2 M €	-2.9%	2,1 M €	-78.4%	9,5 M €	-12.9%	10,9 M €	-28.2%	15,2 M €	-9.3%	16,8 M €	+0.3%	16,7 M €	+3.1%	16,2 M €	+16.0%	14 M €	+40.0%	10 M €	-0.2%	10 M €	+14.8%	8,7 M €	+12.3%	7,8 M €	+72.4%	4,5 M €	+12.5%	4 M €	+3919%	99,4 k €	-0.6%	100 k €	-4.9%	105,2 k €
Cash	202,7 k €	-56.9%	470,2 k €	+44034%	1,1 k €	-56.8%	2,5 k €	-99.5%	485,5 k €	-18.7%	596,9 k €	-11.8%	676,6 k €	+359%	147,3 k €	+629%	20,2 k €	-97.4%	789,9 k €	+19.3%	662,4 k €	+604%	94,1 k €	-94.3%	1,6 M €	+1535%	100,2 k €	-92.7%	1,4 M €	+1371%	93,3 k €	-63.5%	255,8 k €	+158%	98,9 k €	-0.3%	99,2 k €	-5.0%	104,4 k €
Debts	6,9 M €	+19.7%	5,8 M €	+1555%	350,6 k €	-14.2%	408,8 k €	-95.1%	8,4 M €	+19.3%	7 M €	-41.6%	12 M €	-19.3%	14,9 M €	+0.1%	14,9 M €	+3.5%	14,4 M €	+16.8%	12,3 M €	+44.6%	8,5 M €	-1.1%	8,6 M €	+13.9%	7,6 M €	+12.2%	6,7 M €	+92.6%	3,5 M €	+18.0%	3 M €	+17753%	16,6 k €	-18.9%	20,5 k €	-28.6%	28,6 k €
Other
Workforce	0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

QUALIS LABOR

Director · since 30 mai 2025 · 0781.298.574

Represented by Koen De Meyer

Active

Simon Van Hoof

Director · since 21 janvier 2025

Active

Ended mandates

Never Grow Up

Director · since 21 janvier 2025 · 0440.060.591

Represented by Koen De Meyer

Ended

Etienne Orens

Manager

Ended

Margareta De Wolf

Manager

Ended

Miguel Van Hoof

Director · until 21 janvier 2025

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	05/08/2026	28/08/2025	26/08/2024	03/07/2023	29/06/2022	01/07/2021
General meeting	04/08/2026	14/08/2025	30/06/2024	23/06/2023	23/06/2022	24/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/08/2026	05/08/2026	Dutch	PDF
Abridged model	31/12/2024	14/08/2025	28/08/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	26/08/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	03/07/2023	Dutch	PDF
Abridged model	31/12/2021	23/06/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	24/06/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	25/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	19/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	24/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	28/04/2016	01/07/2016	Dutch	PDF
Abridged model	31/12/2014	23/04/2015	19/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	29/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	30/07/2013	Dutch	PDF
Abridged model	31/12/2011	26/04/2012	27/07/2012	Dutch	PDF
Abridged model	31/12/2010	28/04/2011	06/05/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	26/07/2010	Dutch	PDF
Abridged model	31/12/2008	23/04/2009	26/06/2009	Dutch	PDF
Abridged model	31/12/2007	25/04/2008	29/05/2008	Dutch	PDF
Abridged model	31/12/2006	25/04/2007	13/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2025 · 2 active · 10 ended

Active mandates

QUALIS LABOR

Director · since 30 mai 2025 · 0781.298.574

Represented by Koen De Meyer

Active

Simon Van Hoof

Director · since 21 janvier 2025

Active

Ended mandates

Never Grow Up

Director · since 21 janvier 2025 · 0440.060.591

Represented by Koen De Meyer

Ended

Etienne Orens

Manager

Ended

Margareta De Wolf

Manager

Ended

Miguel Van Hoof

Director · until 21 janvier 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/02/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates14/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office19/01/2016
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/09/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/01/2010
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares23/10/2007
KAPITAALVERHOGING — AANPASSING STATUTEN
PDF
Registered office23/07/2004
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

2025
Annual accounts 2025-135,7 k €↓
2024
Annual accounts 202439,1 k €↑
2023
Annual accounts 2023-2,4 k €↓
2022
Annual accounts 2022503,9 k €↓
2021
Annual accounts 20211,7 M €↑
2020
Annual accounts 2020819,1 k €↓
2019
Annual accounts 20192 M €↑
2018
Annual accounts 201881,5 k €↑
2017
Annual accounts 201711,3 k €↓
2016
Annual accounts 2016132,6 k €↓
2015
Annual accounts 2015206,6 k €↑
2014
Annual accounts 201483,2 k €↓
2013
Annual accounts 2013201,4 k €↓
2012
Annual accounts 2012350,3 k €↑
2011
Annual accounts 20115,1 k €↑
2010
Annual accounts 2010-33 k €↓
2009
Annual accounts 20092,9 k €↓
2008
Annual accounts 20083,3 k €↑
2007
Annual accounts 20073 k €↑
2006
Annual accounts 20061,9 k €
19/09/1995
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ETIMAR

Overview

What does ETIMAR do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline