ERFA
ActiveSummary
ERFA has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11k and a net result of €6k. Its solvency ranks better than 15% of 982 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability77
Solvency37
Growth-
Track record67
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.25; short-term debt: 52% of total assets), and 87.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 982 sector peers (2025).
NBB · sector comparisonPosition among 982 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
24 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€11k
Total assets
€92k
Net result
€6k
Working capital
€12k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €92k
Fixed assets
€32k
Current assets
€60k
Equity and liabilities €92k
Equity
€11k
Debt
€81k
Debt finances 87.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€20k
Cash flow
€12k
Current ratio
1.25
Quick ratio
0.93
Debt to equity
7.17
ROE
55.5%
ROA
6.8%
Interest coverage
6.24
Debt ≤ 1 year
€48k
Debt > 1 year
€33k
Income taxes
€5k
Staff costs
€142k
Filed annual accounts As filed with the NBB · 2025 · 45 lines
Balance sheet
Code2025
Assets
Total assets20/58€92k
Fixed assets21/28€32k
Tangible fixed assets22/27€32k
Plant, machinery and equipment23€5k
Furniture and vehicles24€27k
Current assets29/58€60k
Stocks and contracts in progress3€15k
Contracts in progress37€15k
Amounts receivable within one year40/41€38k
Trade receivables40€29k
Other amounts receivable41€9k
Deferred charges and accrued income490/1€6k
Equity and liabilities
Total equity and liabilities10/49€92k
Equity10/15€11k
Contributions10/11€5k
Reserves13€6k
Distributable reserves133€6k
Amounts payable17/49€81k
Amounts payable after more than one year17€33k
Financial debts170/4€33k
Amounts payable within one year42/48€48k
Current portion of amounts payable after more than one year42€10k
Financial debts43€3k
Credit institutions430/8€3k
Trade debts44€15k
Suppliers440/4€15k
Taxes, remuneration and social security45€20k
Taxes450/3€5k
Remuneration and social security454/9€15k
Income statement
Code2025
Remuneration, social security and pensions62€142k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k
Other operating charges640/8€3k
Gross operating margin9900€165k
Operating profit (loss)9901€14k
Financial income75/76B€3
Recurring financial income75€3
Financial charges65/66B€3k
Recurring financial charges65€3k
Profit (loss) for the period before taxes9903€11k
Income taxes67/77€5k
Profit (loss) for the period9904€6k
Profit (loss) for the period to be appropriated9905€6k
Appropriation of the result
Profit (loss) to be appropriated9906€6k
Transfer to equity691/2€6k
To other reserves6921€6k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Maasmechelen · 1 establishment unit since 2024
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.
Hertenstraat(M) 73630 MaasmechelenGround area
852 m²
Building footprint
231 m²
Volume, LiDAR
1,000 m³
Parcel 73048E0927/00H019, Flanders · tallest building 7.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Hertenstraat(M) 7, 3630 Maasmechelen
since 20242.368.066.344
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73048E0927/00H019 | Flanders | 852 m² | 1 · 231 m² | 7.7 m · 1 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.
Similar companies · same sector, comparable size
DM GROUP
BE 1007.028.858
Mechelen · Eq €11,194
ELPARO
BE 0825.507.909
Hamont-Achel · Eq €11,185
CS ELEC
BE 0848.986.164
Braine-le-Château · Eq €11,352
Kabel- en Spoorwerken
BE 0797.900.818
Antwerpen · Eq €11,476
ZMY-Construct
BE 0805.920.342
Zele · Eq €11,500
Of 1,825 companies in sector 42220 we hold annual accounts for 958. 526 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
Founded17-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
43120Site preparation
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.