ENERBO
ActiveENERBO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153k and a net result of €15k. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 20% of 2152 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▼-14
Solvency36▼-23
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.46 against 1.29 in 2024; short-term debt: 28.2% and cash: 3.9% of total assets), but 88.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.4%
Return on assets
1.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 2152 sector peers (2025).
NBB · sector comparisonPosition among 2152 sector peers
Solvency
better than 20%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €153k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
31 d late
2023
27 d late
2022
31 d late
2021
24 d late
2020
9 d early
2019
1 d early
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€153k▲ 11.2%
2024 · €138k
2018: €168k
2019: €329k
2020: €184k
2021: €201k
2022: €123k
2023: €130k
2024: €138k
2018 → 2025
Total assets
€1.34M▲ 227%
2024 · €410k
2018: €557k
2019: €716k
2020: €400k
2021: €460k
2022: €334k
2023: €346k
2024: €410k
2018 → 2025
Net result
€15k▲ 105%
2024 · €7k
2018: €17k
2019: €160k
2020: €-145k
2021: €16k
2022: €-78k
2023: €8k
2024: €7k
2018 → 2025
Working capital
€929k▲ 1,097%
2024 · €78k
2018: €28k
2019: €254k
2020: €128k
2021: €142k
2022: €74k
2023: €64k
2024: €78k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€201k-€123k▼ 38.9%€130k▲ 6.3%€138k▲ 5.8%€153k▲ 11.2%
Operating result€20k-€-74k€13k€16k▲ 18.0%€30k▲ 90.1%
Net result€16k-€-78k€8k€7k▼ 2.8%€15k▲ 105%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 90% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.34M
Fixed assets
€33k▼ 49.8%
Current assets
€1.31M▲ 281%
Equity and liabilities €1.34M
Equity
€153k▲ 11.2%
Debt
€1.19M▲ 337%
The debt ratio rises from 66.4% to 88.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€64k▲
2024 · €54k
Cash flow
€49k▲
2024 · €46k
Solvency
11.4%▼
2024 · 33.6%
Current ratio
3.46▲
2024 · 1.29
Quick ratio
1.42▲
2024 · 0.62
Debt / equity
7.75▲
2024 · 1.97
ROE
10.0%▲
2024 · 5.4%
ROA
1.1%▼
2024 · 1.8%
Interest coverage
4.40▼
2024 · 6.59
Debt
€1.19M▲
2024 · €272k
Debt ≤ 1 year
€378k▲
2024 · €265k
Debt > 1 year
€783k▲
2024 · €2k
Income taxes
€0▼
2024 · €0
Staff costs
€250k▼
2024 · €285k
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€410k€1.34M▲
Fixed assets21/28€66k€33k▼
Intangible fixed assets21€375€0▼
Tangible fixed assets22/27€66k€33k▼
Plant, machinery and equipment23€36k€21k▼
Furniture and vehicles24€30k€12k▼
Financial fixed assets28€135€135=
Current assets29/58€343k€1.31M▲
Stocks and contracts in progress3€177k€769k▲
Stocks30/36€132k€653k▲
Contracts in progress37€45k€116k▲
Amounts receivable within one year40/41€163k€311k▲
Trade receivables40€118k€297k▲
Other amounts receivable41€45k€14k▼
Cash at bank and in hand54/58€1€53k▲
Deferred charges and accrued income490/1€3k€174k▲
Equity and liabilities
Total equity and liabilities10/49€410k€1.34M▲
Equity10/15€138k€153k▲
Contributions10/11€25k€25k=
Reserves13€113k€128k▲
Distributable reserves133€113k€128k▲
Amounts payable17/49€272k€1.19M▲
Amounts payable after more than one year17€2k€783k▲
Financial debts170/4€2k€783k▲
Amounts payable within one year42/48€265k€378k▲
Current portion of amounts payable after more than one year42€31k€10k▼
Financial debts43€58k€0▼
Credit institutions430/8€58k€0▼
Trade debts44€108k€107k▼
Suppliers440/4€108k€107k▼
Taxes, remuneration and social security45€43k€92k▲
Taxes450/3€32k€65k▲
Remuneration and social security454/9€11k€27k▲
Other amounts payable47/48€26k€168k▲
Accrued charges and deferred income492/3€5k€27k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€285k€250k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€34k▼
Other operating charges640/8€2k€4k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€341k€320k▼
Operating profit (loss)9901€16k€30k▲
Financial income75/76B€11€4▼
Recurring financial income75€11€4▼
Financial charges65/66B€8k€15k▲
Recurring financial charges65€8k€15k▲
Profit (loss) for the period before taxes9903€7k€15k▲
Income taxes67/77€0€0▼
Profit (loss) for the period9904€7k€15k▲
Profit (loss) for the period to be appropriated9905€7k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€15k▲
Transfer to equity691/2€7k€15k▲
To other reserves6921€7k€15k▲
Social balance
Average headcount (FTE)9087-5.6
The notes to these accounts (22 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 3.46
Current ratio from 1.29 to 3.46.
31-12
Financial
Equity above €150kEq €153k ▲11.2%
3 profitable years in a row build equity to €153k.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-12
Financial
Equity above €200kEq €201k ▲8.8%
Equity rises from €184k to €201k.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-145k ▼190%
Net result drops to €-145k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €160k ▲839%
Operating result €164k, net result €160k, both a record.
31-12
Financial
Equity above €200kEq €329k ▲95.2%
2 profitable years in a row build equity to €329k.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 23 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 21 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Berlare · 1 establishment unit since 1988
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.
Sarosstraat(B) 14C B29290 BerlareGround area
400 m²
Building footprint
66 m²
Volume, LiDAR
473 m³
2 parcels, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ENERBO
since 19882.036.887.063
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42003D0205/00A000 | Flanders | 234 m² | 1 · 66 m² | 8.4 m · 2 fl. |
| 42003D0212/00K000 | Flanders | 167 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 1,122 EUR awarded · 1,122 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 140 EUR | 140 EUR |
| 2023 | 1 | 226 EUR | 226 EUR |
| 2022 | 1 | 756 EUR | 756 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
1 live approval · 3 endedSchrijnwerker houtbouw duaal (so)
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Of 29,810 companies in sector 41001 we hold annual accounts for 16,032. 12,589 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-1987
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.