Compagnie Erasmus
ActiveCompagnie Erasmus has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €224k and a net result of €16k. Equity is shrinking by ~23.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 41% of 4488 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-29
Solvency55▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.39 against 0.31 in 2024; short-term debt: 69.7% and cash: 25.6% of total assets), and 69.7% 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 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.3%
Return on assets
2.1%
Age of the figures
9 mo
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
52 d early
2023
29 d late
2022
7 d early
2021
40 d early
2020
31 d early
2018
47 d late
← 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 monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€224k▲ 7.5%
2024 · €208k
2018: €1.29M
2020: €1.02M
2021: €675k
2022: €696k
2023: €301k
2024: €208k
2018 → 2025
Total assets
€738k▲ 1.8%
2024 · €724k
2018: €1.36M
2020: €1.52M
2021: €1.08M
2022: €707k
2023: €710k
2024: €724k
2018 → 2025
Net result
€16k▼ 96.2%
2024 · €407k
2018: €-34k
2020: €-4k
2021: €57k
2022: €21k
2023: €5k
2024: €407k
2018 → 2025
Working capital
€-312k▲ 12.9%
2024 · €-358k
2018: €433k
2020: €447k
2021: €38k
2022: €141k
2023: €-311k
2024: €-358k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€675k-€696k▲ 3.2%€301k▼ 56.8%€208k▼ 30.9%€224k▲ 7.5%
Operating result€57k-€28k▼ 50.5%€7k▼ 76.8%€543k▲ 8,141%€21k▼ 96.1%
Net result€57k-€21k▼ 62.7%€5k▼ 77.5%€407k▲ 8,397%€16k▼ 96.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 96% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €738k
Fixed assets
€535k▼ 5.4%
Current assets
€202k▲ 27.8%
Equity and liabilities €738k
Equity
€224k▲ 7.5%
Debt
€514k▼ 0.4%
The debt ratio falls from 71.3% to 69.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€52k▼
2024 · €575k
Cash flow
€46k▼
2024 · €440k
Solvency
30.3%▲
2024 · 28.7%
Current ratio
0.39▲
2024 · 0.31
Quick ratio
0.39▲
2024 · 0.31
Debt / equity
2.30▼
2024 · 2.48
ROE
7.0%▼
2024 · 195.7%
ROA
2.1%▼
2024 · 56.2%
Interest coverage
800.54▼
2024 · 7019.25
Debt
€514k▼
2024 · €516k
Debt ≤ 1 year
€514k▼
2024 · €516k
Income taxes
€5k▼
2024 · €136k
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€724k€738k▲
Fixed assets21/28€566k€535k▼
Tangible fixed assets22/27€566k€535k▼
Land and buildings22€564k€534k▼
Plant, machinery and equipment23€2k€2k▼
Current assets29/58€158k€202k▲
Amounts receivable within one year40/41€5k€10k▲
Other amounts receivable41€5k€10k▲
Cash at bank and in hand54/58€153k€189k▲
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€724k€738k▲
Equity10/15€208k€224k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€106k€106k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€100k€100k=
Profit (loss) carried forward14€40k€55k▲
Amounts payable17/49€516k€514k▼
Amounts payable within one year42/48€516k€514k▼
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€13k€11k▼
Taxes450/3€13k€11k▼
Other amounts payable47/48€500k€500k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€31k▼
Other operating charges640/8€13k€11k▼
Gross operating margin9900€588k€63k▼
Operating profit (loss)9901€543k€21k▼
Financial charges65/66B€82€65▼
Recurring financial charges65€82€65▼
Profit (loss) for the period before taxes9903€543k€21k▼
Income taxes67/77€136k€5k▼
Profit (loss) for the period9904€407k€16k▼
Profit (loss) for the period to be appropriated9905€407k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€440k€55k▼
Profit (loss) brought forward from the previous period14P€33k€40k▲
Transfer from equity791/2€100k-
Profit to be distributed694/7€500k-
Return on contributions (dividend)694€500k-
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
09-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €407k ▲8397%
Operating result €543k, net result €407k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 13current ratio 14.46
Current ratio from 1.09 to 14.46; short-term debt falls from €409k to €11k.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €57k
Net result €57k after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
16-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 47 days late
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 3 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 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, Schilde · 1 establishment unit since 1984
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.
Klein Waterstraat 512970 SchildeGround area
5,689 m²
Building footprint
375 m²
Volume, LiDAR
2,272 m³
2 parcels, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Pastoor Van der Auwerastraat 60, 2640 Mortsel
since 19842.102.509.840
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039A0527/00Z000 | Flanders | 5,497 m² | 1 · 306 m² | 10.4 m · 2 fl. |
| 11513C0439/00Z008 | Flanders | 192 m² | 1 · 70 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,001 companies in sector 49320 we hold annual accounts for 2,716. 1,470 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-07-1973
Fiscal year end31-12
Activities, NACEBEL
49320Non-scheduled passenger transport by road
49390Land transport and transport via pipelines
60230
46150Agents in the wholesale of furniture, household goods and hardware
51150
68203Renting and operating of own or leased non-residential real estate, excluding land
70203
Sources
Crossroads Bank for EnterprisesNational Bank · 48 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.