Erratrans
ActiveThe computed 12-month bankruptcy probability of Erratrans is 1.6% (moderate). The 2024 annual accounts show equity of €46k and a net result of €11k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 42% of 6717 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▼-2
Solvency55▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.68 against 1.15 in 2023; short-term debt: 44.8% and cash: 6.5% of total assets), and 69.7% 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.
+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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.3%
Return on assets
7.3%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
105 d late
2022
24 d late
2021
121 d late
2020
44 d late
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€46k▼ 5.3%
2023 · €48k
2019: €61k
2020: €64k
2021: €77k
2022: €82k
2023: €48k
2019 → 2024
Total assets
€151k▲ 15.7%
2023 · €130k
2019: €92k
2020: €84k
2021: €167k
2022: €216k
2023: €130k
2019 → 2024
Net result
€11k▼ 3.9%
2023 · €11k
2019: €43k
2020: €3k
2021: €13k
2022: €5k
2023: €11k
2019 → 2024
Working capital
€-22k
2023 · €11k
2019: €37k
2020: €47k
2021: €13k
2022: €25k
2023: €11k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€64k-€77k▲ 19.5%€82k▲ 6.9%€48k▼ 41.1%€46k▼ 5.3%
Operating result€7k-€25k▲ 273%€16k▼ 36.5%€18k▲ 9.8%€30k▲ 71.8%
Net result€3k-€13k▲ 348%€5k▼ 57.9%€11k▲ 118%€11k▼ 3.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 72% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €151k
Fixed assets
€105k▲ 114%
Current assets
€46k▼ 43.7%
Equity and liabilities €151k
Equity
€46k▼ 5.3%
Debt
€105k▲ 28.0%
The debt ratio rises from 63.0% to 69.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€67k▲
2023 · €44k
Cash flow
€48k▲
2023 · €38k
Solvency
30.3%▼
2023 · 37.0%
Current ratio
0.68▼
2023 · 1.15
Quick ratio
0.68▼
2023 · 1.15
Debt / equity
2.30▲
2023 · 1.70
ROE
24.2%▲
2023 · 23.8%
ROA
7.3%▼
2023 · 8.8%
Interest coverage
6.82▼
2023 · 44.02
Debt
€105k▲
2023 · €82k
Debt ≤ 1 year
€68k▼
2023 · €70k
Debt > 1 year
€37k▲
2023 · €12k
Income taxes
€11k▲
2023 · €10k
Staff costs
€262k▲
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€130k€151k▲
Fixed assets21/28€49k€105k▲
Tangible fixed assets22/27€40k€96k▲
Furniture and vehicles24€40k€96k▲
Financial fixed assets28€9k€9k=
Current assets29/58€81k€46k▼
Amounts receivable within one year40/41€61k€36k▼
Trade receivables40€36k€29k▼
Other amounts receivable41€24k€7k▼
Cash at bank and in hand54/58€21k€10k▼
Equity and liabilities
Total equity and liabilities10/49€130k€151k▲
Equity10/15€48k€46k▼
Contributions10/11€19k€5k▼
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€28k€39k▲
Amounts payable17/49€82k€105k▲
Amounts payable after more than one year17€12k€37k▲
Financial debts170/4€12k€37k▲
Amounts payable within one year42/48€70k€68k▼
Current portion of amounts payable after more than one year42€7k€36k▲
Financial debts43€189€685▲
Credit institutions430/8€189€685▲
Trade debts44€1k€336▼
Suppliers440/4€1k€336▼
Taxes, remuneration and social security45€27k€16k▼
Taxes450/3€24k€9k▼
Remuneration and social security454/9€3k€7k▲
Other amounts payable47/48€35k€15k▼
Income statement
Code20232024
Remuneration, social security and pensions62€125k€262k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€37k▲
Other operating charges640/8€8k€24k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€177k€356k▲
Operating profit (loss)9901€18k€30k▲
Financial income75/76B€5k€1k▼
Recurring financial income75€5k€1k▼
Financial charges65/66B€1k€10k▲
Recurring financial charges65€1k€10k▲
Profit (loss) for the period before taxes9903€22k€22k▼
Income taxes67/77€10k€11k▲
Profit (loss) for the period9904€11k€11k▼
Profit (loss) for the period to be appropriated9905€11k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€69k€39k▼
Profit (loss) brought forward from the previous period14P€57k€28k▼
Profit to be distributed694/7€41k-
Directors or managers695€41k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
13-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 105 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 121 days late
2021
13-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 44 days late
2020
31-12
Financial
Weakest financial yearnet €3k ▼93.5%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Antwerpen · 1 establishment unit since 2018
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.
Schoordijk 142170 AntwerpenGround area
238 m²
Building footprint
96 m²
Volume, LiDAR
631 m³
Parcel 11028A0139/00M004, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Erratrans
since 20182.275.861.312
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11028A0139/00M004 | Flanders | 238 m² | 1 · 96 m² | 8.8 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 3,000 EUR awarded · 3,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,195. 5,928 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-03-2018
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.