Skip to content

ERP Technology Solutions SPRL

Active
Private limited companyfounded 201214 yrs activePenelopelaan 14, 1190 Vorst, BelgiumKBO/BCE: BE 0847.623.414

ERP Technology Solutions SPRL has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €261k and a net result of €68k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 39% of 16941 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
78 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-2
Solvency72▼-25
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 3.23 in 2024; short-term debt: 53% and cash: 90.6% of total assets), but 53% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
47%
Return on assets
12.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
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 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
80 d early
2024
84 d early
2023
41 d early
2022
9 d late
2021
30 d late
2020
31 d early
2019
9 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 months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€261k▼ 25.7%
2024 · €351k
2018: €188k 2019: €241k 2020: €266k 2021: €298k 2022: €325k 2023: €337k 2024: €351k
2018 → 2025
Total assets
€555k▲ 13.0%
2024 · €491k
2018: €224k 2019: €277k 2020: €325k 2021: €391k 2022: €406k 2023: €434k 2024: €491k
2018 → 2025
Net result
€68k▲ 1.2%
2024 · €67k
2018: €57k 2019: €62k 2020: €61k 2021: €60k 2022: €58k 2023: €56k 2024: €67k
2018 → 2025
Working capital
€228k▼ 27.2%
2024 · €313k
2018: €185k 2019: €208k 2020: €240k 2021: €281k 2022: €316k 2023: €334k 2024: €313k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€298k-€325k▲ 9.2%€337k▲ 3.5%€351k▲ 4.3%€261k▼ 25.7%
Operating result€82k-€82k▼ 0.2%€80k▼ 2.2%€97k▲ 21.1%€100k▲ 2.3%
Net result€60k-€58k▼ 3.3%€56k▼ 2.9%€67k▲ 19.4%€68k▲ 1.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2021: €82k€82kNet result 2021: €60k€60kOperating result 2022: €82k€82kNet result 2022: €58k€58kOperating result 2023: €80k€80kNet result 2023: €56k€56kOperating result 2024: €97k€97kNet result 2024: €67k€67kOperating result 2025: €100k€100kNet result 2025: €68k€68k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €555k
Fixed assets €34k▼ 13.2%
Current assets €522k▲ 15.3%
Equity and liabilities €555k
Equity €261k▼ 25.7%
Debt €294k▲ 110%
The debt ratio rises from 28.5% to 53.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€111k
2024 · €100k
Cash flow
€79k
2024 · €70k
Solvency
47.0%
2024 · 71.5%
Current ratio
1.77
2024 · 3.23
Quick ratio
1.77
2024 · 3.23
Debt / equity
1.13
2024 · 0.40
ROE
25.9%
2024 · 19.1%
ROA
12.2%
2024 · 13.6%
Interest coverage
13.01
2024 · 16.05
Debt
€294k
2024 · €140k
Debt ≤ 1 year
€294k
2024 · €140k
Income taxes
€27k
2024 · €27k
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€491k€555k
Fixed assets21/28€39k€34k
Tangible fixed assets22/27€39k€33k
Furniture and vehicles24€39k€31k
Other tangible fixed assets26-€3k
Financial fixed assets28€77€357
Current assets29/58€453k€522k
Amounts receivable within one year40/41€13k€18k
Trade receivables40€9k€17k
Other amounts receivable41€4k€1k
Cash at bank and in hand54/58€440k€503k
Deferred charges and accrued income490/1-€140
Equity and liabilities
Total equity and liabilities10/49€491k€555k
Equity10/15€351k€261k
Contributions10/11€6k€6k=
Reserves13€283k€193k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€281k€191k
Profit (loss) carried forward14€62k€62k=
Amounts payable17/49€140k€294k
Amounts payable within one year42/48€140k€294k
Trade debts44€1k€2k
Suppliers440/4€1k€2k
Taxes, remuneration and social security45€15k€25k
Taxes450/3€15k€25k
Other amounts payable47/48€124k€267k
Income statement Code20242025
Non-recurring operating income76A€0-
Goods, raw materials, services and sundry goods60/61€90k€94k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€11k
Other operating charges640/8€2k€1k
Gross operating margin9900€102k€112k
Operating profit (loss)9901€97k€100k
Financial income75/76B€3k€4k
Recurring financial income75€3k€4k
Financial charges65/66B€6k€9k
Recurring financial charges65€6k€9k
Non-recurring financial charges66B€63€127
Profit (loss) for the period before taxes9903€94k€94k
Income taxes67/77€27k€27k
Profit (loss) for the period9904€67k€68k
Profit (loss) for the period to be appropriated9905€67k€68k
Appropriation of the result
Profit (loss) to be appropriated9906€129k€130k
Profit (loss) brought forward from the previous period14P€62k€62k=
Transfer from equity791/2€53k€158k
Transfer to equity691/2€67k€68k
To other reserves6921€67k€68k
Profit to be distributed694/7€53k€158k
Return on contributions (dividend)694€53k€158k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
12-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €68k ▲1.2%
Operating result €100k, net result €68k, both a record.
08-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
20-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €56k ▼2.9%
Net result drops to €56k, the lowest in the series; recovery starts the following year.
09-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €200kEq €241k ▲27.9%
2 profitable years in a row build equity to €241k.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
21-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 21 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Vorst · 1 establishment unit since 2012
establishment The establishment unit on the map
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.

Penelopelaan 141190 Vorst
Ground area
969 m²
Building footprint
348 m²
Volume, LiDAR
4,887 m³
Parcel 21383B0020/00S059, Brussels · tallest building 21.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
ERP Technology Solutions
Penelopelaan 14, 1190 VorstComputer programming, consultancy and related activities
since 20122.211.337.506
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21383B0020/00S059 Brussels 969 m² 1 · 348 m² 21.4 m · 6 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

Of 29,992 companies in sector 62200 we hold annual accounts for 18,386. 14,101 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded25-07-2012
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 13 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.