ETHICOMPUTING
0647.851.617 · rovalta.com · 21/09/2026
NORMAL SITUATION
ETHICOMPUTING
Financial year 2025 · closed on 30/09/2025
Net result
28,8 k €
-4.2% YoY
Gross margin
31,1 k €
-27.7% YoY
Equity
151,9 k €
+23.4% YoY
Company — Normal situation.
Strike-off: 22 août 2026
Overview
What does ETHICOMPUTING do?
ETHICOMPUTING is a Private limited company incorporated in 2016.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0647.851.617
Incorporation
05/02/2016
Legal form
Private limited company
Contributed capital
12 400,00 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 9 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||
| Gross margin | 31,1 k € | -27.7% | 43 k € | +55.8% | 27,6 k € | +87.5% | 14,7 k € | -72.5% | 53,6 k € | +193% | 18,3 k € | +4.8% | 17,5 k € | +112% | 8,3 k € | -51.2% | 16,9 k € |
| EBITDA | 31 k € | -27.3% | 42,7 k € | +55.0% | 27,5 k € | +88.8% | 14,6 k € | -72.8% | 53,6 k € | +193% | 18,3 k € | +5.2% | 17,4 k € | +111% | 8,3 k € | -51.2% | 16,9 k € |
| Operating result | 31 k € | -27.1% | 42,6 k € | +56.5% | 27,2 k € | +98.0% | 13,7 k € | -74.0% | 52,8 k € | +197% | 17,8 k € | +2.3% | 17,4 k € | +111% | 8,3 k € | -51.2% | 16,9 k € |
| Net result | 28,8 k € | -4.2% | 30,1 k € | +56.2% | 19,3 k € | +98.8% | 9,7 k € | -74.2% | 37,7 k € | +203% | 12,4 k € | +1.5% | 12,2 k € | +129% | 5,4 k € | -47.6% | 10,2 k € |
| Balance sheet | |||||||||||||||||
| Equity | 151,9 k € | +23.4% | 123,1 k € | +17.7% | 104,5 k € | +4.5% | 100 k € | +10.7% | 90,3 k € | +71.6% | 52,6 k € | +30.9% | 40,2 k € | +43.8% | 28 k € | +23.7% | 22,6 k € |
| Total assets | 168 k € | +10.9% | 151,4 k € | +10.4% | 137,2 k € | +23.8% | 110,8 k € | -19.3% | 137,3 k € | +118% | 63 k € | +14.0% | 55,2 k € | +61.6% | 34,2 k € | +8.9% | 31,4 k € |
| Cash | 17,5 k € | -25.4% | 23,4 k € | +268% | 6,4 k € | +53.2% | 4,2 k € | +3317% | 121,5 € | +11.4% | 109,1 € | -85.7% | 764,1 € | -93.9% | 12,6 k € | -34.5% | 19,2 k € |
| Debts | 16,1 k € | -43.4% | 28,4 k € | -13.1% | 32,6 k € | +202% | 10,8 k € | -77.1% | 47 k € | +354% | 10,4 k € | -31.1% | 15 k € | +142% | 6,2 k € | -29.3% | 8,8 k € |
Governance
Board of directors
Seen on filing of 30/09/2025 · 1 active · 1 ended
Active mandates
THOMAS FERRERO
ActiveEnded mandates
THOMAS FERRERO
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 31/03/2026 | 30/04/2025 | 30/04/2024 | 02/05/2023 | 29/04/2022 | 30/04/2021 |
| General meeting | 11/03/2026 | 12/03/2025 | 13/03/2024 | 08/03/2023 | 09/03/2022 | 10/03/2021 |
| 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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Try for 7 daysFilings
Annual accounts filings
9 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/09/2025 | 11/03/2026 | 31/03/2026 | French | |
| Micro model | 30/09/2024 | 12/03/2025 | 30/04/2025 | French | |
| Micro model | 30/09/2023 | 13/03/2024 | 30/04/2024 | French | |
| Micro model | 30/09/2022 | 08/03/2023 | 02/05/2023 | French | |
| Micro model | 30/09/2021 | 09/03/2022 | 29/04/2022 | French | |
| Micro model | 30/09/2020 | 10/03/2021 | 30/04/2021 | French | |
| Micro model | 30/09/2019 | 11/03/2020 | 30/04/2020 | French | |
| Micro model | 30/09/2018 | 13/03/2019 | 30/04/2019 | French | |
| Micro model | 30/09/2017 | 14/03/2018 | 30/04/2018 | French |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2025 · 1 active · 1 ended
Active mandates
THOMAS FERRERO
ActiveEnded mandates
THOMAS FERRERO
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Dissolution25/08/2026DEMISSIONS, NOMINATIONS, CESSATION, ANNULATION
- Mandates10/07/2024STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
- Registered office22/09/2020SIEGE SOCIAL
- Registered office08/08/2019SIEGE SOCIAL
- Registered office23/06/2016SIEGE SOCIAL
- Other16/02/2016RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202528,8 k €↓
- 2024Annual accounts 202430,1 k €↑
- 2023Annual accounts 202319,3 k €↑
- 2022Annual accounts 20229,7 k €↓
- 2021Annual accounts 202137,7 k €↑
- 2020Annual accounts 202012,4 k €↑
- 2019Annual accounts 201912,2 k €↑
- 2018Annual accounts 20185,4 k €↓
- 2017Annual accounts 201710,2 k €
- 05/02/2016IncorporationPrivate limited company