NORMAL SITUATION

ETL GROUP

Company — Normal situation.

Financial year 2025 · Closed on 29/09/2025

Net result-1,6 k €+47,7 %over 1 year
Gross margin-2 k €+16,0 %over 1 year
Equity-5,7 k €-38,0 %over 1 year

Identity

Source · BCE/KBO

ETL GROUP is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0720.809.770
Legal form
Private company with limited liability
Contributed capital
6 200,00 €
Latest accounts
29/09/2025

Financials

Source · NBB, 8 filings

Trend over 7 financial years

20252024202320222021
Income statement
Gross margin-2 k €-2,4 k €-2,8 k €-1,3 k €-4,2 k €
EBITDA-2 k €-2,5 k €-3,2 k €-1,4 k €-5 k €
Operating result-2 k €-2,8 k €-3,4 k €-2 k €-10,2 k €
Net result-1,6 k €-3 k €-3,6 k €-1,8 k €-12,3 k €
Balance sheet
Equity-5,7 k €-4,1 k €-1,1 k €2,5 k €4,3 k €
Total assets–199 €571,9 €9,8 k €14,2 k €
Cash––0 €23,6 €882,6 €
Debts5,7 k €4,3 k €1,7 k €7,3 k €9,9 k €

Board of directors

Source · NBB, accounts to 29/09/2025

1 active · 3 ended

Active mandates

Sedad YAKAR

Director · since 15 février 2019 · until 29 septembre 2025

Active

Ended mandates

Sedad Yakar

Director · since 15 février 2019

Ended
Sedad Yakar

Manager

Ended
Sedad YAKAR

Director

Ended

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 year29/09/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year9 months12 months12 months12 months12 months12 months
Filing date07/05/202611/06/202510/06/202401/09/202324/06/202230/06/2021
General meeting11/03/202611/06/202530/05/202408/06/202309/06/202210/06/2021
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, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model29/09/202511/03/202607/05/2026DutchPDF
Micro model31/12/202411/06/202511/06/2025DutchPDF
Micro model31/12/202330/05/202410/06/2024DutchPDF
Micro modelCorrection31/12/202208/06/202301/09/2023DutchPDF
Micro model31/12/202208/06/202324/08/2023DutchPDF
Micro model31/12/202109/06/202224/06/2022DutchPDF
Micro model31/12/202010/06/202130/06/2021DutchPDF
Micro model31/12/201911/06/202029/06/2020DutchPDF

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.

Board of directors

Source · NBB, accounts to 29/09/2025

1 active · 3 ended

Active mandates

Sedad YAKAR

Director · since 15 février 2019 · until 29 septembre 2025

Active

Ended mandates

Sedad Yakar

Director · since 15 février 2019

Ended
Sedad Yakar

Manager

Ended
Sedad YAKAR

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution21/10/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Registered office03/02/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other19/02/2019
    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 2025-1,6 k €↑
  2. 2024
    Annual accounts 2024-3 k €↑
  3. 2023
    Annual accounts 2023-3,6 k €↓
  4. 2022
    Annual accounts 2022-1,8 k €↑
  5. 2021
    Annual accounts 2021-12,3 k €↓
  6. 2020
    Annual accounts 2020-1,4 k €↓
  7. 2019
    Annual accounts 201913,3 k €