Equity
BOUWONDERNEMING ERIBO has made a profit in every financial year since 2007.
BOUWONDERNEMING ERIBO has made a profit in every financial year since 2007.
The result rose in 2025 from €1.5m to €2.3m.
In 2025, 16 people joined and 18 left. On top of that, 3.7 agency workers worked there on average.
BOUWONDERNEMING ERIBO pays its suppliers 26 days earlier than in 2024. Customers pay 31 days later.
The last five annual accounts were filed 24 to 38 days before the end of the period.
Higher net result than 92% of companies in construction of buildings. Sector median €32,512 · 1,039 companies.
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).
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).
In July 2024, 20,137 companies had the same profile as BOUWONDERNEMING ERIBO has now. Each dot stands for 51 companies, two years later.
That fits the bankruptcy probability of BOUWONDERNEMING ERIBO itself: 0.1% within 12 months.
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.
| 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.
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.
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.
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.
| 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 |
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.
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.
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