L'ETABLI
ActiveL'ETABLI has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €3k. Equity is growing by ~39.1% per year across the filed fiscal years. Its solvency ranks better than 49% of 26049 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+48
Solvency61▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 5.6 against 6.5 in 2024; short-term debt: 15.1% and cash: 65.5% of total assets), but 64.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.6%
Return on assets
4.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
48 d late
2024
25 d late
2023
14 d early
2022
31 d late
2021
139 d early
2020
40 d early
2019
41 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€20k
EBIT margin
63.9%
Net result
€3k
2024 · €-5k
2018: €14k
2019: €6k
2020: €14k
2021: €13k
2022: €10k
2023: €8k
2024: €-5k
2018 → 2025
Working capital
€43k▲ 2.8%
2024 · €42k
2018: €-47k
2019: €-43k
2020: €-23k
2021: €-9k
2022: €69k
2023: €80k
2024: €42k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€20k-
Equity€6k-€16k▲ 151%€24k▲ 46.4%€19k▼ 19.3%€22k▲ 14.1%
Operating result€13k-€10k▼ 22.3%€8k▼ 17.6%€-977€6k
Net result€13k-€10k▼ 22.4%€8k▼ 22.9%€-5k€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €977 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62k
Fixed assets
€10k▼ 22.1%
Current assets
€52k▲ 5.9%
Equity and liabilities €62k
Equity
€22k▲ 14.1%
Debt
€40k▼ 6.0%
The debt ratio falls from 68.7% to 64.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▲
2024 · €3k
Cash flow
€5k▲
2024 · €-981
Solvency
35.6%▲
2024 · 31.3%
Current ratio
5.60▼
2024 · 6.50
Quick ratio
4.48▼
2024 · 5.10
Debt / equity
1.81▼
2024 · 2.19
ROE
12.4%▲
2024 · -24.0%
ROA
4.4%▲
2024 · -7.5%
Interest coverage
6.48▲
2024 · 2.04
Debt
€40k▼
2024 · €42k
Debt ≤ 1 year
€9k▲
2024 · €8k
Debt > 1 year
€30k▼
2024 · €34k
Income taxes
€2k▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€61k€62k▲
Fixed assets21/28€12k€10k▼
Tangible fixed assets22/27€12k€10k▼
Plant, machinery and equipment23€12k€10k▼
Current assets29/58€49k€52k▲
Stocks and contracts in progress3€11k€10k▼
Stocks30/36€11k€10k▼
Amounts receivable within one year40/41€2k€584▼
Trade receivables40€2k€138▼
Other amounts receivable41-€446
Cash at bank and in hand54/58€35k€40k▲
Deferred charges and accrued income490/1€1k€653▼
Equity and liabilities
Total equity and liabilities10/49€61k€62k▲
Equity10/15€19k€22k▲
Contributions10/11€19k€19k=
Reserves13-€3k
Distributable reserves133-€3k
Profit (loss) carried forward14€622-
Amounts payable17/49€42k€40k▼
Amounts payable after more than one year17€34k€30k▼
Other amounts payable178/9€34k€30k▼
Amounts payable within one year42/48€8k€9k▲
Trade debts44€551€117▼
Suppliers440/4€551€117▼
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€7k€9k▲
Accrued charges and deferred income492/3€315-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€6k€4k▼
Gross operating margin9900€9k€13k▲
Operating profit (loss)9901€-977€6k▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€-2k€5k▲
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€-5k€3k▲
Profit (loss) for the period to be appropriated9905€-5k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€622€3k▲
Profit (loss) brought forward from the previous period14P€5k€622▼
Transfer to equity691/2-€3k
To other reserves6921-€3k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 48 days late
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet €-5k ▼161%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity times 157current ratio 135.67
Current ratio from 0.87 to 135.67; short-term debt falls from €64k to €511.
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €14k ▲148%
Net result €14k, the highest in the series.
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Quévy · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Chasses(HAV) 197041 QuévyGround area
1,810 m²
Building footprint
165 m²
Volume, LiDAR
858 m³
Parcel 53037D0433/00F000, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
L'ETABLI Sprl
since 20042.138.076.176
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53037D0433/00F000 | Wallonia | 1,810 m² | 1 · 165 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,721 companies in sector 47521 we hold annual accounts for 1,289. 445 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-06-2004
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:letabli@skynet.be