ACTIVE

ETECH

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Financial year 2025 · closed on 31/12/2025

Net result

89,9 k €

+111.0% YoY

Gross margin

756,2 k €

+36.2% YoY

Equity

-48,3 k €

+95.4% YoY

Workforce

11,3 ETP

+4.6% YoY

What does ETECH do?

ETECH is a Private limited company incorporated in 1999. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Bernissart. It employs on average 11,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.922.465

Incorporation

24/09/1999

Legal form

Private limited company

Registered office

Rue Buissonnet(HAR) 63
7321 Bernissart · WallonieSee on map

Contributed capital

920 900,00 €

Latest accounts

31/12/2025

Average workforce

11,3 ETP

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures 25210Manufacture of central heating radiators and boilers 25300Manufacture of steam generators, except central heating hot water boilers 28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines 28300Manufacture of agricultural and forestry machinery

Joint committees (2)

Signals

ProfitableHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	756,2 k €	+36.2%	555,2 k €	+41.1%	393,5 k €	-66.9%	1,2 M €	+656%	157,4 k €	-82.9%	920 k €	+7.8%	853,3 k €	-2.8%	877,8 k €	+10.2%	796,6 k €	-11.7%	902,2 k €	+4.1%	866,9 k €	-16.8%	1 M €	+38.3%	753,9 k €	+50.2%	501,9 k €	-46.5%	937,5 k €	-25.5%	1,3 M €	+25.8%	1 M €	+119%	456,5 k €	-25.5%	612,4 k €
EBITDA	-214,3 k €	+29.1%	-302,1 k €	+39.5%	-499,4 k €	-298%	251,8 k €	+154%	-468,3 k €	-286%	252,2 k €	+102%	124,7 k €	-23.6%	163,2 k €	+43.7%	113,5 k €	-28.9%	159,8 k €	+24.0%	128,8 k €	-61.5%	334,4 k €	+25.3%	266,9 k €	+5153%	-5,3 k €	-102%	213 k €	-43.5%	377 k €	-7.9%	409,6 k €	+47.0%	278,6 k €	-24.1%	367,1 k €
Operating result	144,5 k €	+119%	-771,8 k €	-41.3%	-546,4 k €	-360%	209,8 k €	+141%	-509,7 k €	-365%	192,2 k €	+164%	72,8 k €	-6.6%	78 k €	+145%	31,8 k €	-61.4%	82,5 k €	+120%	37,5 k €	-86.3%	273,7 k €	+50.6%	181,8 k €	+230%	-139,8 k €	-312%	66,1 k €	-70.8%	226,4 k €	-20.8%	286 k €	+48.5%	192,6 k €	-36.3%	302,5 k €
Net result	89,9 k €	+111%	-819,1 k €	-27.5%	-642,5 k €	-490%	164,6 k €	+134%	-483,5 k €	-499%	121,1 k €	+220%	37,9 k €	-16.8%	45,5 k €	+285%	-24,6 k €	-179%	31,2 k €	+141%	-77 k €	-147%	162,9 k €	+17.5%	138,7 k €	+151%	-273,1 k €	-718%	-33,4 k €	-124%	138,6 k €	-17.3%	167,5 k €	+92.8%	86,9 k €	-52.8%	184,2 k €
Balance sheet
Equity	-48,3 k €	+95.4%	-1 M €	-374%	-219,1 k €	-152%	423,4 k €	+63.6%	258,8 k €	-36.8%	409,2 k €	+16.7%	350,7 k €	+11.2%	315,4 k €	+15.8%	272,4 k €	-9.1%	299,6 k €	+11.2%	269,3 k €	-22.9%	349,2 k €	+84.9%	188,8 k €	+249%	54,1 k €	-84.0%	337,3 k €	-11.4%	380,9 k €	+16.3%	327,5 k €	+63.8%	199,9 k €	+97.9%	101 k €
Total assets	3 M €	-14.9%	3,5 M €	+24.8%	2,8 M €	-16.1%	3,3 M €	+56.6%	2,1 M €	-46.5%	4 M €	+43.1%	2,8 M €	+28.9%	2,1 M €	-0.2%	2,1 M €	-3.9%	2,2 M €	+55.7%	1,4 M €	-11.9%	1,6 M €	+4.5%	1,6 M €	-13.5%	1,8 M €	+3.7%	1,7 M €	-10.8%	1,9 M €	-15.0%	2,3 M €	+50.1%	1,5 M €	-1.8%	1,6 M €
Cash	61,7 k €	-79.2%	296,4 k €	+281%	77,8 k €	-72.4%	282,2 k €	+148%	114 k €	-27.9%	158,1 k €	+808%	17,4 k €	-10.4%	19,4 k €	-38.8%	31,8 k €	+84.4%	17,2 k €	+2.7%	16,8 k €	-74.6%	65,9 k €	-46.9%	124,2 k €	+533%	19,6 k €	-44.8%	35,5 k €	-74.6%	139,8 k €	+19.8%	116,7 k €	+7115052%	1,6 €	-100.0%	122,8 k €
Debts	2,8 M €	-32.2%	4,1 M €	+36.4%	3 M €	+3.8%	2,9 M €	+55.9%	1,9 M €	-47.7%	3,5 M €	+47.0%	2,4 M €	+31.9%	1,8 M €	-2.6%	1,9 M €	-3.1%	1,9 M €	+66.0%	1,2 M €	-8.9%	1,3 M €	-6.6%	1,4 M €	-21.5%	1,7 M €	+24.7%	1,4 M €	-9.7%	1,5 M €	-20.8%	2 M €	+47.5%	1,3 M €	-8.8%	1,5 M €
Other
Workforce	11,3 ETP	+4.6%	10,8 ETP	-5.3%	11,4 ETP	-3.4%	11,8 ETP		–		10,9 ETP	-61.9%	28,6 ETP	+142%	11,8 ETP	-1.7%	12,0 ETP	-6.3%	12,8 ETP	+14.3%	11,2 ETP	0.0%	11,2 ETP	+23.1%	9,1 ETP	-7.1%	9,8 ETP	-34.2%	14,9 ETP	-11.8%	16,9 ETP	+81.7%	9,3 ETP	+304%	2,3 ETP	-23.3%	3,0 ETP

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Hainaut Technologies

Director · since 01 janvier 2025 · 1017.037.476

Represented by Peter Vandeputte

Active

Ended mandates

Hainaut Technologies

Director · since 02 janvier 2025 · 1017.037.476

Represented by Peter Vandeputte

Ended

Pascal Forner

Director · until 02 janvier 2025

Ended

Pascal FORNER

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Hainaut Technologies● Active	1017.037.476
HIVAG● Active	0892.121.668
IMMOGANP● Active	0760.810.590
NEW TUBE● Active	0455.545.652

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	18/08/2026	30/09/2025	29/12/2024	18/08/2023	26/07/2022	09/07/2021
General meeting	17/07/2026	30/06/2025	24/06/2024	26/06/2023	27/06/2022	28/06/2021
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	17/07/2026	18/08/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	30/09/2025	French	PDF
Abridged model	31/12/2023	24/06/2024	29/12/2024	French	PDF
Abridged model	31/12/2022	26/06/2023	18/08/2023	French	PDF
Abridged model	31/12/2021	27/06/2022	26/07/2022	French	PDF
Abridged model	31/12/2020	28/06/2021	09/07/2021	French	PDF
Abridged model	31/12/2019	29/06/2020	07/07/2020	French	PDF
Abridged model	31/12/2018	24/06/2019	29/07/2019	French	PDF
Abridged model	31/12/2017	25/06/2018	30/07/2018	French	PDF
Abridged model	31/12/2016	26/06/2017	28/07/2017	French	PDF
Abridged model	31/12/2015	27/06/2016	11/07/2016	French	PDF
Abridged model	31/12/2014	29/06/2015	23/07/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	22/07/2014	French	PDF
Abridged model	31/12/2012	24/06/2013	08/07/2013	French	PDF
Abridged model	31/12/2011	25/06/2012	21/07/2012	French	PDF
Abridged model	31/12/2010	27/06/2011	11/07/2011	French	PDF
Abridged model	31/12/2009	28/06/2010	25/07/2010	French	PDF
Abridged model	31/12/2008	29/06/2009	25/07/2009	French	PDF
Abridged model	31/12/2007	02/06/2008	23/06/2008	French	PDF
Abridged model	31/12/2006	04/06/2007	03/07/2007	French	PDF

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 31/12/2025 · 1 active · 3 ended

Active mandates

Hainaut Technologies

Director · since 01 janvier 2025 · 1017.037.476

Represented by Peter Vandeputte

Active

Ended mandates

Hainaut Technologies

Director · since 02 janvier 2025 · 1017.037.476

Represented by Peter Vandeputte

Ended

Pascal Forner

Director · until 02 janvier 2025

Ended

Pascal FORNER

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other05/01/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates10/03/2025
DEMISSIONS, NOMINATIONS
PDF
Restructuring14/01/2021
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring05/10/2020
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Capital / shares19/03/2004
CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates17/04/2003
DEMISSIONS, NOMINATIONS - SIEGE SOCIAL
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 202589,9 k €↑
2024
Annual accounts 2024-819,1 k €↓
2023
Annual accounts 2023-642,5 k €↓
2022
Annual accounts 2022164,6 k €↑
2021
Annual accounts 2021-483,5 k €↓
2019
Annual accounts 2019121,1 k €↑
2018
Annual accounts 201837,9 k €↓
2017
Annual accounts 201745,5 k €↑
2016
Annual accounts 2016-24,6 k €↓
2015
Annual accounts 201531,2 k €↑
2014
Annual accounts 2014-77 k €↓
2013
Annual accounts 2013162,9 k €↑
2012
Annual accounts 2012138,7 k €↑
2011
Annual accounts 2011-273,1 k €↓
2010
Annual accounts 2010-33,4 k €↓
2009
Annual accounts 2009138,6 k €↓
2008
Annual accounts 2008167,5 k €↑
2007
Annual accounts 200786,9 k €↓
2006
Annual accounts 2006184,2 k €
24/09/1999
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

ETECH

Overview

What does ETECH do?

Trend over 19 financial years

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