ACTIVE

ETHICO

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Financial year 2025 · Closed on 30/06/2025

Net result755,3 k €+72,1 %over 1 year
Gross margin152,3 k €-3,4 %over 1 year
Equity1,5 M €+106,8 %over 1 year

Identity

Source · BCE/KBO

ETHICO is a Private limited company incorporated in 2018. Its main activity is: Activities of holding companies. Its registered office is in Sint-Truiden.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0716.671.236
Incorporation
20/12/2018
Legal form
Private limited company
Registered office
Halmaal-Dorp 40
3800 Sint-Truiden · FlandreSee on map
Contributed capital
2 000,00 €
Latest accounts
30/06/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 6 filings

Trend over 6 financial years

20252024202320222021
Income statement
Gross margin152,3 k €157,7 k €124,5 k €54,7 k €12,3 k €
EBITDA151 k €155,1 k €122,7 k €53,4 k €11,9 k €
Operating result146 k €130,7 k €117,7 k €49,3 k €8,5 k €
Net result755,3 k €438,9 k €171,3 k €30,3 k €3 k €
Balance sheet
Equity1,5 M €707 k €268,2 k €96,9 k €66,6 k €
Total assets2 M €1,3 M €1 M €230,8 k €73,4 k €
Cash454,7 k €300,6 k €196,2 k €219,3 k €66,4 k €
Debts558,1 k €577,6 k €751,6 k €133,9 k €6,8 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 2 ended

Active mandates

Sven François Dereze

Manager

Active

Ended mandates

Sven Dereze

Director

Ended
Sven François Dereze

Director

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202020/12/2018
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months19 months
Filing date29/01/202629/01/202529/01/202430/01/202326/01/202229/12/2020
General meeting09/12/202511/12/202413/12/202314/12/202208/12/202109/12/2020
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, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202509/12/202529/01/2026DutchPDF
Micro model30/06/202411/12/202429/01/2025DutchPDF
Micro model30/06/202313/12/202329/01/2024DutchPDF
Micro model30/06/202214/12/202230/01/2023DutchPDF
Micro model30/06/202108/12/202126/01/2022DutchPDF
Abridged model30/06/202009/12/202029/12/2020DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 30/06/2025

1 active · 2 ended

Active mandates

Sven François Dereze

Manager

Active

Ended mandates

Sven Dereze

Director

Ended
Sven François Dereze

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates18/09/2026
    Benoemingen
    PDF
  • Mandates10/06/2020
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/12/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 2025755,3 k €↑
  2. 2024
    Annual accounts 2024438,9 k €↑
  3. 2023
    Annual accounts 2023171,3 k €↑
  4. 2022
    Annual accounts 202230,3 k €↑
  5. 2021
    Annual accounts 20213 k €↓
  6. 2020
    Annual accounts 202061,6 k €
  7. 20/12/2018
    IncorporationPrivate limited company