ER.S
Open bankruptcyA bankruptcy procedure is open for ER.S according to publications in the Belgian State Gazette; curator: LIEVE TEINTENIER.
Summary
The file additionally contains 2 administrative flags. The 2024 annual accounts show equity of €84k and a net result of €69k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
65 d late
2022
242 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struck×2
Financials · fiscal year 2024, micro schema
Equity
€84k▲ 484%
2023 · €14k
2022: €52k
2023: €14k
2022 → 2024
Total assets
€117k▼ 21.3%
2023 · €148k
2022: €126k
2023: €148k
2022 → 2024
Net result
€69k
2023 · €-38k
2022: €52k
2023: €-38k
2022 → 2024
Working capital
€72k
2023 · €-1k
2022: €34k
2023: €-1k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€52k-€14k▼ 72.5%€84k▲ 484%
Operating result€72k-€-35k€88k
Net result€52k-€-38k€69k
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 returns to profit in 2024: €88k after a loss of €35k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €117k
Fixed assets
€11k ▼ 29.0%
Current assets
€105k ▼ 20.3%
Equity and liabilities €117k
Equity
€84k ▲ 484%
Debt
€33k ▼ 75.3%
Debt's share of the balance-sheet total falls from 90.3% to 28.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€93k▲
2023 · €-30k
Cash flow
€74k▲
2023 · €-33k
Current ratio
3.19▲
2023 · 0.99
Debt to equity
0.40▼
2023 · 9.35
ROE
82.9%▲
2023 · -263.7%
ROA
59.4%▲
2023 · -25.5%
Interest coverage
24.15▲
2023 · -13.47
Debt ≤ 1 year
€33k▼
2023 · €134k
Income taxes
€15k
Staff costs
€147k▼
2023 · €232k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€148k€117k▼
Fixed assets21/28€16k€11k▼
Tangible fixed assets22/27€16k€11k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€12k€7k▼
Current assets29/58€132k€105k▼
Amounts receivable within one year40/41€124k€94k▼
Trade receivables40€124k€94k▼
Cash at bank and in hand54/58€8k€12k▲
Equity and liabilities
Total equity and liabilities10/49€148k€117k▼
Equity10/15€14k€84k▲
Contributions10/11€500€500=
Reserves13€52k€52k=
Distributable reserves133€52k€52k=
Profit (loss) carried forward14€-38k€32k▲
Amounts payable17/49€134k€33k▼
Amounts payable within one year42/48€134k€33k▼
Current portion of amounts payable after more than one year42€550-
Trade debts44€16k€18k▲
Suppliers440/4€16k€18k▲
Taxes, remuneration and social security45€94k€15k▼
Taxes450/3€12k€12k▼
Remuneration and social security454/9€82k€3k▼
Other amounts payable47/48€23k€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€232k€147k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€6k€2k▼
Gross operating margin9900€208k€242k▲
Operating profit (loss)9901€-35k€88k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€-38k€84k▲
Income taxes67/77-€15k
Profit (loss) for the period9904€-38k€69k▲
Profit (loss) for the period to be appropriated9905€-38k€69k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-38k€32k▲
Profit (loss) brought forward from the previous period14P-€-38k
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
2026
10-08
KBO administration
Address struck
Excelsiorlaan 71 1930 L’adresse du siège Excelsiorlaan 71 1930 Die Sitzadresse Excelsiorlaan 71 1930
Zaventem werd doorgehaald met ingang van Zaventem · event 19-07-2026
24-03
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · ER.S BV EXCELSIORLAAN 71, 1930 ZAVENTEM · event 17-03-2026
2025
22-12
KBO administration
Address struck
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Back to profitnet €69k
Net result €69k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 3.19
Current ratio from 0.99 to 3.19; short-term debt falls from €134k to €33k.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 65 days late
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 242 days late
2023
31-12
Financial
Weakest financial yearnet €-38k ▼173%
Net result drops to €-38k, the lowest in the series.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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
1 establishment unit since 2021
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.
Ground area
5,672 m²
Building footprint
1,566 m²
Volume, LiDAR
14,825 m³
2 parcels, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ER.S
since 20212.326.091.177
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0036/00W000 | Flanders | 5,436 m² | 1 · 1,487 m² | 12.6 m · 3 fl. |
| 44362B0193/00E003 | Flanders | 236 m² | 1 · 78 m² | 8.5 m · 2 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIEVE TEINTENIER SYLVAIN DUPUISLAAN 217,
1070 BRUSSEL 7 |
17-03-2026 → present |
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Of 7,356 companies in sector 81210 we hold annual accounts for 2,735. 2,196 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.