Equity
€2.7m ▲ 21×
Equity rose in 2025 from €129,745 to €2.7m.
Ervila
Lifetime
11 annual accounts with figures on one time axispeak €2.8m (2025)
€2.8m▲ 85×
lowest -€5,707 (2016)
€2.8m▲ 117×
peak €2.7m (2025)
€2.7m▲ 21×
€89,042▲ 171%
Board1 name since 2014
1 directorErwin DE BAETSELIER
Documentsfilings and deeds
11-09-202642 days late
2025abbreviated format
Gross margin from €33,311 to €2.8mResult from €23,767 to €2.8mDividend €235,294Equity from €129,745 to €2.7mDebts from €32,860 to €89,042Cash from €2,958 to €23,494
Key points
from the 2025 annual accountsLiquidity
31.18 was 4.26 in 2024
Short-term debts rose from €32,860 to €89,042.
Filings
11 annual accounts since 2015
Four of the last ten came late. The 2025 accounts came latest: 42 days after the end of the period.
Net result +11,650%: one-off income
Checked score
95
Excellent
Financially stronger than 89% of small companies in civil engineering (NACE 42)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 301 companies (NACE 42, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.7%▼ -0.1 percentage points vs 05-2025
07-2025: 0.9%▲ +0.2 percentage points vs 06-2025
08-2025: 0.4%▼ -0.5 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.3%▼ -0.1 percentage points vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.7%▲ +0.3 percentage points vs 07-2026
09-2026: 0.9%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 0.2%▼ -0.7 percentage points vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 42 days late; 1 of the last 3 accounts late
Liquidity: current ratio 31.18, cash €23,494
lowers risk
Figures for financial year 2025 (filed on 12-09-2026)
Founded in 2014
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 42, small). It does better than 96% of them on solvency, 63% on liquidity, 97% on profitability and 99% on growth.
The bankruptcy probability was computed on 08-11-2026 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, 17,811 companies had the same profile as Ervila has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of Ervila itself: 0.2% 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.
| 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 17,811 companies, not a prediction for Ervila. 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 €250,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 31.18 (4.26 in 2024), above the usual 1.5. Short-term debt is 3.2% and cash 0.8% of total assets. 3.2% 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
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-09-2026, 42 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
42 days late
2024
8 days early
2023
13 days early
2022
28 days early
2021
10 days late
2020
25 days late
2019
24 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 1 day after the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% 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 23 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0550988110
Amendment of the articles · Legal-form change · Resignations & appointments
Reappointment: Erwin DE BAETSELIER (director) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 14-12-2023 · Gazette deed
Incorporation
published on 02-05-2014 · Gazette deed
First establishment
ERVILA E-BVBA, Nieuwe Kassei 32, Affligem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Ervila Affligem | €2.8m | €2.8m | 96.8% | - |
| Risan Puurs-Sint-Amands | €3.3m | €2.5m | 20.5% | 48.2 |
| VGL CONSTRUCT Sint-Truiden | €3.5m | €2.4m | 32.8% | 16 |
| HOTAK GROUP Wetteren | €3.6m | €2.5m | 30.2% | 28.2 |
| JORDENS MC INFRA Tongeren-Borgloon | €2.9m | €2.1m | 59.3% | 16.5 |
| Ali Technics Lokeren | €2.8m | €1.9m | 37.0% | 15 |
| Callewaert Industries Technical Support Wingene | €2.2m | €2.9m | 50.3% | 34.3 |
These companies have the same main activity as Ervila: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €2.2m and €3.6m, founded between 2009 and 2018.
Official details
Source: KBO- Status
- Active since 29-04-2014Normal situation
- Activity
- Construction of utility projects for electricity and telecommunicationsNACE 42220and 1 other
- Establishment unit
- 2.232.824.6871790 Affligem, since 29-04-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Insights on Ervila
Ervila files the abbreviated format. That format states no turnover. The gross margin rose from €40,756 in 2015 to €2.8m in 2025.
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 Ervila
- What is the company number of Ervila?
- The company number of Ervila is 0550.988.110. The VAT number is the same number with BE in front: BE 0550.988.110.
- Where is Ervila based?
- The registered office is at Nieuwe Kassei 32a, 1790 Affligem.Company details
- What does Ervila do?
- According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
- What is the legal form of Ervila?
- Ervila is a private limited company (BV).
- When was Ervila founded?
- Ervila was founded on 29-04-2014.
- Is Ervila still active?
- Yes, Ervila is an active enterprise in the KBO register.
- What is the turnover of Ervila?
- The turnover in financial year 2025 is ≈ €4.8m. This figure is estimated from the gross margin of €2.8m and 1,585 comparable companies of the same size. It probably lies between €3.3m and €8.0m. It is a rough estimate.Financials
- Is Ervila profitable?
- In financial year 2025, Ervila made a profit of €2.8m.
- Where can I find the annual accounts of Ervila?
- Ervila filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Ervila due?
- Ervila must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.