ERGI JEWELS
ActiveSummary
ERGI JEWELS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.82M and a net result of €325k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 71% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+7
Solvency83▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 3.2 against 2.43 in 2024; short-term debt: 19.7% and cash: 6.7% of total assets), and 41.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 →
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
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
58.1%
Return on assets
10.3%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
13 d late
2023
2 d early
2022
21 d early
2021
31 d late
2020
31 d late
2019
5 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.82M▲ 21.7%
2024 · €1.50M
2018: €796k
2019: €876k
2020: €1.06M
2021: €1.18M
2022: €1.39M
2023: €1.56M
2024: €1.50M
2018 → 2025
Total assets
€3.14M▲ 2.8%
2024 · €3.05M
2018: €1.41M
2019: €1.45M
2020: €1.57M
2021: €2.17M
2022: €2.63M
2023: €2.80M
2024: €3.05M
2018 → 2025
Net result
€325k▲ 113%
2024 · €152k
2018: €93k
2019: €80k
2020: €187k
2021: €116k
2022: €207k
2023: €179k
2024: €152k
2018 → 2025
Working capital
€1.36M▲ 21.3%
2024 · €1.12M
2018: €803k
2019: €849k
2020: €1.04M
2021: €899k
2022: €1.10M
2023: €1.18M
2024: €1.12M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.18M-€1.39M▲ 17.5%€1.56M▲ 12.9%€1.50M▼ 4.2%€1.82M▲ 21.7%
Operating result€162k-€298k▲ 83.4%€282k▼ 5.3%€248k▼ 12.3%€499k▲ 101%
Net result€116k-€207k▲ 78.6%€179k▼ 13.5%€152k▼ 14.9%€325k▲ 113%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 101% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.14M
Fixed assets
€1.16M ▲ 1.0%
Current assets
€1.98M ▲ 3.9%
Equity and liabilities €3.14M
Equity
€1.82M ▲ 21.7%
Provisions
€70k =
Debt
€1.25M ▼ 16.1%
Debt's share of the balance-sheet total falls from 48.6% to 39.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€612k▲
2024 · €350k
Cash flow
€438k▲
2024 · €255k
Current ratio
3.20▲
2024 · 2.43
Quick ratio
0.37▲
2024 · 0.27
Debt to equity
0.68▼
2024 · 0.99
ROE
17.8%▲
2024 · 10.2%
ROA
10.3%▲
2024 · 5.0%
Interest coverage
18.92▲
2024 · 10.77
Debt ≤ 1 year
€619k▼
2024 · €783k
Debt > 1 year
€627k▼
2024 · €702k
Income taxes
€148k▲
2024 · €70k
Staff costs
€298k▼
2024 · €341k
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 · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.05M€3.14M▲
Fixed assets21/28€1.15M€1.16M▲
Intangible fixed assets21€63k€73k▲
Tangible fixed assets22/27€1.08M€1.08M▲
Land and buildings22€996k€1.02M▲
Plant, machinery and equipment23€67k€46k▼
Furniture and vehicles24€18k€18k▼
Financial fixed assets28€5k€5k=
Current assets29/58€1.90M€1.98M▲
Stocks and contracts in progress3€1.70M€1.75M▲
Stocks30/36€1.70M€1.75M▲
Amounts receivable within one year40/41€136k€2k▼
Trade receivables40€10k€2k▼
Other amounts receivable41€126k€0▼
Cash at bank and in hand54/58€59k€211k▲
Deferred charges and accrued income490/1€15k€18k▲
Equity and liabilities
Total equity and liabilities10/49€3.05M€3.14M▲
Equity10/15€1.50M€1.82M▲
Contributions10/11€25k€25k=
Reserves13€1.47M€1.80M▲
Tax-exempt reserves132€6k€6k=
Distributable reserves133€1.47M€1.79M▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€70k€70k=
Provisions for liabilities and charges160/5€70k€70k=
Pensions and similar obligations160€70k€70k=
Amounts payable17/49€1.49M€1.25M▼
Amounts payable after more than one year17€702k€627k▼
Financial debts170/4€702k€627k▼
Amounts payable within one year42/48€783k€619k▼
Current portion of amounts payable after more than one year42€294k€252k▼
Trade debts44€150k€92k▼
Suppliers440/4€150k€92k▼
Taxes, remuneration and social security45€266k€208k▼
Taxes450/3€178k€125k▼
Remuneration and social security454/9€89k€83k▼
Other amounts payable47/48€72k€67k▼
Income statement
Code20242025
Remuneration, social security and pensions62€341k€298k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€102k€113k▲
Other operating charges640/8€10k€13k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€701k€925k▲
Operating profit (loss)9901€248k€499k▲
Financial income75/76B€7k€7k▼
Recurring financial income75€7k€7k▼
Financial charges65/66B€32k€32k▼
Recurring financial charges65€32k€32k▼
Profit (loss) for the period before taxes9903€222k€473k▲
Income taxes67/77€70k€148k▲
Profit (loss) for the period9904€152k€325k▲
Profit (loss) for the period to be appropriated9905€152k€325k▲
Appropriation of the result
Profit (loss) to be appropriated9906€152k€325k▲
Transfer from equity791/2€218k€0▼
Transfer to equity691/2€152k€325k▲
To other reserves6921€152k€325k▲
Profit to be distributed694/7€218k€0▼
Return on contributions (dividend)694€218k€0▼
Social balance
Average headcount (FTE)90875.34.8▼
The notes to these accounts (21 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €325k ▲113%
Operating result €499k, net result €325k, both a record.
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 13 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Equity above €1MEq €1.06M ▲21.4%
3 profitable years in a row build equity to €1.06M.
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 5 days late
2019
31-12
Financial
Weakest financial yearnet €80k ▼14.2%
Net result drops to €80k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 2 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Truiden · 2 establishment units since 2002
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.
Stapelstraat 153800 Sint-TruidenGround area
250 m²
Building footprint
250 m²
Volume, LiDAR
1,885 m³
2 parcels, Flanders · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
JUWELIER WILLEMS
since 20022.115.598.011
Juwelier Willems
since 20122.209.793.424
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71053H0647/00A000 | Flanders | 136 m² | 1 · 136 m² | 13.4 m · 3 fl. |
| 71053H0648/00F000 | Flanders | 113 m² | 1 · 113 m² | 13.2 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 122 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 122 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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AERNOUTS ORBI BIJOUX
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Of 2,017 companies in sector 47770 we hold annual accounts for 898. 402 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
Founded16-09-2002
Fiscal year end31-12
Activities, NACEBEL 2025
47770Retail sale of watches and jewellery
47120Other non-specialised retail sale
95250Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.