ER-BOUW
ActiveER-BOUW has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €446k and a net result of €12k. Equity is growing by ~31.8% per year across the filed fiscal years. Its solvency ranks better than 42% of 7425 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
79
/ 100
Excellent▼ -4 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability13▼-45
Solvency80▲+13
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.61 against 1.72 in 2023), but 62.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
58 d late
2023
14 d late
2022
128 d late
2021
93 d late
2020
61 d late
2019
18 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€446k▲ 2.7%
2023 · €434k
2018: €40k
2019: €89k
2020: €164k
2021: €225k
2022: €384k
2023: €434k
2018 → 2024
Total assets
€1.19M▼ 10.2%
2023 · €1.33M
2018: €182k
2019: €220k
2020: €294k
2021: €490k
2022: €642k
2023: €1.33M
2018 → 2024
Net result
€12k▼ 76.9%
2023 · €51k
2018: €21k
2019: €49k
2020: €75k
2021: €91k
2022: €224k
2023: €51k
2018 → 2024
Working capital
€813k▲ 56.7%
2023 · €519k
2018: €6k
2019: €77k
2020: €135k
2021: €211k
2022: €366k
2023: €519k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€164k-€225k▲ 37.4%€384k▲ 70.6%€434k▲ 13.2%€446k▲ 2.7%
Operating result€96k-€129k▲ 34.4%€316k▲ 146%€113k▼ 64.2%€77k▼ 31.5%
Net result€75k-€91k▲ 21.9%€224k▲ 145%€51k▼ 77.3%€12k▼ 76.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 32% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.19M
Fixed assets
€69k▼ 26.2%
Current assets
€1.12M▼ 9.0%
Equity and liabilities €1.19M
Equity
€446k▲ 2.7%
Debt
€748k▼ 16.5%
The debt ratio falls from 67.3% to 62.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€107k▼
2023 · €132k
Cash flow
€42k▼
2023 · €70k
Solvency
37.4%▲
2023 · 32.7%
Current ratio
3.61▲
2023 · 1.72
Quick ratio
1.67▲
2023 · 1.42
Debt / equity
1.68▼
2023 · 2.06
ROE
2.6%▼
2023 · 11.7%
ROA
1.0%▼
2023 · 3.8%
Interest coverage
4.05▼
2023 · 10.74
Debt
€748k▼
2023 · €895k
Debt ≤ 1 year
€311k▼
2023 · €717k
Debt > 1 year
€436k▲
2023 · €178k
Income taxes
€41k▼
2023 · €51k
Staff costs
€163k▲
2023 · €125k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.33M€1.19M▼
Formation expenses20€0€0=
Fixed assets21/28€93k€69k▼
Intangible fixed assets21-€573
Tangible fixed assets22/27€93k€68k▼
Land and buildings22-€2k
Plant, machinery and equipment23€11k€8k▼
Furniture and vehicles24€82k€58k▼
Current assets29/58€1.24M€1.12M▼
Stocks and contracts in progress3€216k€606k▲
Stocks30/36€216k€606k▲
Amounts receivable within one year40/41€882k€479k▼
Trade receivables40€609k€371k▼
Other amounts receivable41€273k€107k▼
Cash at bank and in hand54/58€134k€35k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.33M€1.19M▼
Equity10/15€434k€446k▲
Contributions10/11€6k€6k=
Outside capital11€6k-
Other1109/19€6k-
Reserves13€304k€316k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€302k€314k▲
Profit (loss) carried forward14€124k€124k=
Amounts payable17/49€895k€748k▼
Amounts payable after more than one year17€178k€436k▲
Financial debts170/4€178k€436k▲
Amounts payable within one year42/48€717k€311k▼
Current portion of amounts payable after more than one year42€20k€30k▲
Trade debts44€577k€209k▼
Suppliers440/4€577k€209k▼
Taxes, remuneration and social security45€119k€54k▼
Taxes450/3€119k€47k▼
Remuneration and social security454/9€46€7k▲
Other amounts payable47/48-€18k
Income statement
Code20232024
Non-recurring operating income76A€13k-
Remuneration, social security and pensions62€125k€163k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€30k▲
Other operating charges640/8€10k€125k▲
Gross operating margin9900€267k€395k▲
Operating profit (loss)9901€113k€77k▼
Financial income75/76B€536€2k▲
Recurring financial income75€536€2k▲
Financial charges65/66B€12k€26k▲
Recurring financial charges65€12k€26k▲
Profit (loss) for the period before taxes9903€101k€53k▼
Income taxes67/77€51k€41k▼
Profit (loss) for the period9904€51k€12k▼
Profit (loss) for the period to be appropriated9905€51k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€174k€136k▼
Profit (loss) brought forward from the previous period14P€124k€124k=
Transfer to equity691/2€51k€12k▼
To other reserves6921€51k€12k▼
Social balance
Average headcount (FTE)9087-5.0
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 58 days late
2024
31-12
Financial
Weakest financial yearnet €12k ▼76.9%
Net result drops to €12k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 3.61
Current ratio from 1.72 to 3.61; short-term debt falls from €717k to €311k.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 14 days late
2023
06-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 128 days late
2022
31-12
Financial
Highest result since 2018net €224k ▲145%
Operating result €316k, net result €224k, both a record.
01-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 93 days late
2021
31-12
Financial
Equity above €200kEq €225k ▲37.4%
4 profitable years in a row build equity to €225k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Equity above €150kEq €164k ▲84.2%
3 profitable years in a row build equity to €164k.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
20-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 81 days late
2018
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 53 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, Gent · 1 establishment unit since 2017
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.
Zeeschipstraat 829000 GentGround area
9,935 m²
Building footprint
4,773 m²
Volume, LiDAR
9,472 m³
Parcel 44813S0418/02N000, Flanders · tallest building 10.3 m. Linked by address, not a title deed.
1 establishment unit
Er-Bouw
since 20172.260.333.392
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44813S0418/02N000 | Flanders | 9,935 m² | 1 · 4,772 m² | 10.3 m |
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 29,551 companies in sector 41001 we hold annual accounts for 15,877. 9,581 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-01-2017
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43120Site preparation
47529Retail trade
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.