ACTIVE

ETARCO

Financial year 2025 · Closed on 31/12/2025

Net result-4,2 k €-314,1 %over 1 year
Gross margin-124,9 €-101,4 %over 1 year
Equity22,6 k €-15,7 %over 1 year

Identity

Source · BCE/KBO

ETARCO is a Private limited company incorporated in 2001. Its main activity is: Architectural activities. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0474.524.691
Incorporation
06/04/2001
Legal form
Private limited company
Registered office
Rue Vaudrée 11 box 1
4031 Liège · WallonieSee on map
Contributed capital
19 518,57 €
Latest accounts
31/12/2025
Signals
Solid equityGood liquidity

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin-124,9 €9,1 k €9,5 k €11,2 k €6,7 k €
EBITDA-3,5 k €8 k €8,4 k €10,7 k €6,2 k €
Operating result-4 k €2,3 k €813,2 €7,3 k €4,2 k €
Net result-4,2 k €2 k €365,4 €5,1 k €3,5 k €
Balance sheet
Equity22,6 k €26,9 k €24,9 k €24,5 k €19,4 k €
Total assets50,9 k €40,6 k €38,7 k €40,7 k €36,3 k €
Cash4,4 k €2,9 k €3,4 k €3,5 k €18,8 k €
Debts28,3 k €5,8 k €13,8 k €16,2 k €17 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

DirectorMandates in this companyPeriod
Luc LECARTE
Directorsince 27/03/2023Manager29/03/2001 → 2022 accountsended
Xavier XHROUET
Directorsince 27/03/2023Manager07/08/2001 → 2022 accountsended

Other companies at this address

Rue Vaudrée 11 4031 Liège

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/08/202628/08/202529/08/202409/08/202331/08/202231/08/2021
General meeting01/06/202602/06/202503/06/202405/06/202306/06/202207/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202501/06/202613/08/2026FrenchPDF
Micro model31/12/202402/06/202528/08/2025FrenchPDF
Micro model31/12/202303/06/202429/08/2024FrenchPDF
Micro model31/12/202205/06/202309/08/2023FrenchPDF
Micro model31/12/202106/06/202231/08/2022FrenchPDF
Micro model31/12/202007/06/202131/08/2021FrenchPDF
Micro model31/12/201902/06/202029/10/2020FrenchPDF
Micro model31/12/201803/06/201930/08/2019FrenchPDF
Micro model31/12/201706/06/201813/08/2018FrenchPDF
Micro model31/12/201606/06/201704/07/2017FrenchPDF
Abridged model31/12/201506/06/201619/08/2016FrenchPDF
Abridged model31/12/201401/06/201530/07/2015FrenchPDF
Abridged model31/12/201302/06/201431/07/2014FrenchPDF
Abridged model31/12/201204/06/201314/08/2013FrenchPDF
Abridged model31/12/201104/06/201203/07/2012FrenchPDF
Abridged model31/12/201006/06/201126/07/2011FrenchPDF
Abridged model31/12/200907/06/201030/07/2010FrenchPDF
Abridged model31/12/200801/06/200931/07/2009FrenchPDF
Abridged model31/12/200702/06/200824/06/2008FrenchPDF
Abridged model31/12/200604/06/200724/07/2007FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

DirectorMandates in this companyPeriod
Luc LECARTE
Directorsince 27/03/2023Manager29/03/2001 → 2022 accountsended
Xavier XHROUET
Directorsince 27/03/2023Manager07/08/2001 → 2022 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/03/2023
    MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Other05/06/2009
    CONSTITUTION SPRL |
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Luc LECARTE
Xavier XHROUET
20012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
ETARCO
Rue Vaudrée 11/01, 4031 Angleur
DirectorManager
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue Vaudrée 11 bte 1, 4031 AngleurCurrent
CBE
Rue Vaudrée 11/01, 4031 Angleur
accounts 2022 → 2025
Accounts 2025 · 2026-00396690
Avenue Nusbaum 35, 4141 Louveigné (Sprimont)
accounts 2021
Accounts 2021 · 2022-20377336

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ETARCOCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00396690

Events

  1. 2025
    Annual accounts 2025-4,2 k €↓
  2. 2024
    Annual accounts 20242 k €↑
  3. 2023
    Annual accounts 2023365,4 €↓
  4. 2022
    Annual accounts 20225,1 k €↑
  5. 2021
    Annual accounts 20213,5 k €↓
  6. 2020
    Annual accounts 20204,4 k €↑
  7. 2019
    Annual accounts 2019-3,3 k €↓
  8. 2018
    Annual accounts 20183,1 k €↑
  9. 2017
    Annual accounts 20172,2 k €↓
  10. 2016
    Annual accounts 20164,6 k €↑
  11. 2015
    Annual accounts 2015-7,6 k €↓
  12. 2014
    Annual accounts 20143,5 k €↑
  13. 2013
    Annual accounts 2013-4,4 k €↓
  14. 2012
    Annual accounts 2012352,7 €↑
  15. 2011
    Annual accounts 2011-696,7 €↑
  16. 2010
    Annual accounts 2010-5 k €↓
  17. 2009
    Annual accounts 2009636,5 €↓
  18. 2008
    Annual accounts 20085,4 k €↑
  19. 2007
    Annual accounts 2007-7,2 k €↓
  20. 2006
    Annual accounts 20066,1 k €
  21. 06/04/2001
    IncorporationPrivate limited company