Skip to content

BOUWONDERNEMING ERIBO

Active Public limited companyfounded 1990active for 36 yearsVredestraat 45, 8790 WaregemKBO/BCE: BE 0441.621.006 subsidiary of Maxanna#8 company by equity in Waregem, Construction sector

Lifetime

18 annual accounts with figures on one time axis, 33 filings since 1991
peak €43.6m (2024)
€33.6m▼ 22.8%
peak €2.3m (2025)
€2.3m▲ 56.1%
peak €8.7m (2025)
€8.7m▲ 29.9%
€6.3m▼ 33.5%
peak 55.9 FTE (2022)
41.9 FTE▼ 13.1%
Board4 names since 2019
3 directorsILSE VANDEWIELE and 2 others
Owners
99.95%Maxanna
Documentsfilings and deeds
06-07-202625 days before the deadline
2025financial year
Turnover from €43.6m to €33.6mResult from €1.5m to €2.3mStaff from 48.2 FTE to 41.9 FTEEquity from €6.7m to €8.7mDebts from €9.4m to €6.3mCash from €2.1m to €675,097

Key points

from the 2025 annual accounts

Equity

€8.7m ▲ 29.9%

BOUWONDERNEMING ERIBO has made a profit in every financial year since 2007.

Result

€2.3m ▲ 56.1%
€1.5m2024€2.3m2025

The result rose in 2025 from €1.5m to €2.3m.

Staff

44 employees on 31-12-2025
3427202122192022202620231015202416182025

In 2025, 16 people joined and 18 left. On top of that, 3.7 agency workers worked there on average.

Payment terms

34 days to suppliers
Suppliers
60 to 34
Customers
46 to 77

BOUWONDERNEMING ERIBO pays its suppliers 26 days earlier than in 2024. Customers pay 31 days later.

Filings

33 annual accounts since 1991
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 24 to 38 days before the end of the period.

Position in the sector

€2.3m

Higher net result than 92% of companies in construction of buildings. Sector median €32,512 · 1,039 companies.

Checked score

94
Excellent
Financially stronger than 63% of small companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 911 companies (NACE 41, small).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value

Financial strength
Strong

83+17equity 57.6% of total assets
36=short-term debt 41.6% · cash 4.5%
79+12return on assets 15.2%

Score breakdown

raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Founded in 1990
Size: turnover €33.6m, 41.9 FTE, total assets €15.1m
Profit of €2.3m (financial year 2025)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, small). It does better than 79% of them on solvency, 41% on liquidity, 80% on profitability and 51% on growth.

The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as BOUWONDERNEMING ERIBO has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of BOUWONDERNEMING ERIBO itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for BOUWONDERNEMING ERIBO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €800,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.19 (1.56 in 2024), above the usual 1.5. Short-term debt is 41.6% and cash 4.5% of total assets. 42.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: turnover €33.6m, 41.9 FTE, total assets €15.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Profit of €2.3m (financial year 2025)
NBB · annual accounts
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
38 days early
2023
27 days early
2022
24 days early
2021
24 days early
2020
36 days early
2019
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 30 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

IV
Managing director
M
Managing director, Eric Vandewiele
PV
Managing director
CV
Auditor, Frank Vandelanotte
  • Maxanna 99.95%equity €3.4m (2025) · 2025 annual accounts of Maxanna

Shares in 2 companies, VEVA BOUWPROJECTEN and ERIKOR

Board & ownership

Recent changes

Environmental permit granted Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Kortrijk
Registered in the Peppol Directory Reachable for e-invoices through 0208:0441621006
3 directors reappointed BV MAXANNA, BV ILSE VANDEWIELE and BV PIETER VANDEWIELE · Permanent representatives: Eric Vandewiele, Ilse Vandewiele and Pieter Vandewiele · General meeting of 28-06-2024 · Gazette deed
Environmental permit granted Deerlijk
All 52 events

Comparable companies

same main activity, similar in size and age
Company
BOUWONDERNEMING ERIBO Waregem €33.6m 9.1% 57.6% 41.9
BMP Building Services Tessenderlo-Ham €32.8m 2.3% 20.8% 39.5
AANNEMINGEN M. EN J. BRAET Nieuwpoort €19.4m 10.0% 40.4% 50.7
SNOECK GEBROEDERS Wielsbeke €23.7m 0.3% 37.3% 63.3
VAN LOO PROJECTS Hulshout €44.7m 3.6% 33.1% 39.3
FRANSEN BOUWONDERNEMING Oud-Turnhout €29.5m 10.3% 45.2% 41.2
GILLEMAN Oudenaarde €35.4m 1.3% 16.6% 30.2
-10%0%10%20%€20m€50m€100m€200m€500m€1bnBOUWONDERNEMING ERIBOEBIT margin

Grey: the largest companies of the sector (construction of buildings (NACE 41)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as BOUWONDERNEMING ERIBO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €10m and €21m, founded between 1985 and 1994.

Official details

Source: KBO
Status
Active since 13-09-1990Normal situation
Registered office
11 active companies are registered at this addressSource: KBO register, as of 8 November 2026.
Activity
General construction of residential buildingsNACE 41001and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.049.627.2228790 Waregem, since 20-09-1990
Financial year end
31 December
Peppol
Reachable since 17-09-2025
Company details

Annual accounts 2025

€15.1m▼ 7.4%
Employeeson 31-12-2025
44▼ 4.3%
Filing
Filed on 06-07-2026, 25 days before the end of the filing period
Financials

Insights on BOUWONDERNEMING ERIBO

BOUWONDERNEMING ERIBO has existed since 1990. In 2024 turnover rose from €15.1m to €43.6m.

Solvency rose in 2025 from 41.1% to 57.6% because of the retained profit and lower debts.

Maxanna holds all the shares. In September 2024, the Official Gazette published the appointment of ILSE VANDEWIELE as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BOUWONDERNEMING ERIBO

What is the company number of BOUWONDERNEMING ERIBO?
The company number of BOUWONDERNEMING ERIBO is 0441.621.006. The VAT number is the same number with BE in front: BE 0441.621.006.
Where is BOUWONDERNEMING ERIBO based?
The registered office is at Vredestraat 45, 8790 Waregem.Company details
What does BOUWONDERNEMING ERIBO do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of BOUWONDERNEMING ERIBO?
BOUWONDERNEMING ERIBO is a public limited company (NV).
When was BOUWONDERNEMING ERIBO founded?
BOUWONDERNEMING ERIBO was founded on 13-09-1990.
Is BOUWONDERNEMING ERIBO still active?
Yes, BOUWONDERNEMING ERIBO is an active enterprise in the KBO register.
How many employees does BOUWONDERNEMING ERIBO have?
BOUWONDERNEMING ERIBO had an average of 41.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does BOUWONDERNEMING ERIBO fall under?
In its 2025 annual accounts, BOUWONDERNEMING ERIBO states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of BOUWONDERNEMING ERIBO?
The turnover of BOUWONDERNEMING ERIBO was €33.6m in financial year 2025, according to the filed annual accounts.
Is BOUWONDERNEMING ERIBO profitable?
In financial year 2025, BOUWONDERNEMING ERIBO made a profit of €2.3m.
Where can I find the annual accounts of BOUWONDERNEMING ERIBO?
BOUWONDERNEMING ERIBO filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BOUWONDERNEMING ERIBO due?
BOUWONDERNEMING ERIBO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.