Skip to content

DEMIR ERCAN

Active
Private limited companyfounded 2005active for 20 yearsPaapsemlaan 20, 1070 Anderlecht, Belgium106 active companies are registered at this addressKBO/BCE: BE 0878.008.465

From the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

DEMIR ERCAN has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €299,584 and a net result of €41,002. Equity is shrinking by about 7.4% per year across the filed financial years. Its solvency ranks better than 73% of 256 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
DEMIR ERCANActiveChecked score 97/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 19-12-2005 Normal situation
Legal form
Private limited company
Registered office
Paapsemlaan 20, 1070 Anderlecht
Activity
Manufacture of textiles NACE 13929
Establishment unit
2.206.698.233 1474 Genappe, since 14-02-2012
Financial year end
30 June
Peppol
Reachable since 09-12-2025
Company details

Who decides

Board
  • DEMIR ERCANDirector
Holdings
Shares in 1 company D.L.C.
Board & ownership

How it is doing

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-06-2025
Gross margin
€65,999
▼ 3.9%
Turnover
≈ €200,000
estimated
Profit
€41,002
▼ 3.8%
Equity
€299,584
▲ 15.9%
Total assets
€443,309
▲ 12.2%
2025 accounts filed 16 days late
Filed on 16-02-2026PDF
Financials
Why 97lowers riskLiquidity: current ratio 4.62, cash €98,771Equity €299,584 (67.6% of total assets)Sector: Manufacture of textiles (NACE 13)Founded in 2005Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 72% of its sector peers (NACE 13, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 93+3
equity 67.6% of total assets
Liquidity 75+22
short-term debt 14.5% · cash 22.3%
Profitability 80-2
return on assets 9.2%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (496 companies, NACE 13, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.6%▲ +0.1 percentage points vs 12-2024 02-2025: 0.9%▲ +0.3 percentage points vs 01-2025highest value 03-2025: 0.5%▼ -0.4 percentage points vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.1%▼ -0.4 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.2%▲ +0.1 percentage points vs 12-2025 02-2026: 0.3%▲ +0.1 percentage points vs 01-2026 03-2026: < 0.1%▼ -0.3 percentage points vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.62, compared with 5.62 in 2024, above the usual 1.5; short-term debt: 14.5% and cash: 22.3% of total assets), and 32.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 13, micro): better than 70% on solvency, 78% on liquidity, 68% on profitability and 73% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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

Credit check for your own amount and term

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

Signals

Six signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 4.62, cash €98,771
NBB · annual accounts
lowers risk · Equity €299,584 (67.6% of total assets)
NBB · annual accounts
lowers risk · Sector: Manufacture of textiles (NACE 13)
KBO
lowers risk · Founded in 2005
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €299,584
raises risk · 2025 accounts filed 16 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-02-2026, 16 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
16 days late
2024
14 days late
2023
on the day
2022
1 day early
2021
on the day
2020
33 days early
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day before the deadline; the sector median (NACE 13) for financial year 2024 is 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end31-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Positive: Among the best 15% on net resultsector median €5,135 · 256 companies €41,002 View
  • Positive: 7 profitable years in a rowprofit 2025: €41,002 7 years View

Documents

Annual accounts at the NBB

All 19 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about DEMIR ERCAN

What is the company number of DEMIR ERCAN?
0878.008.465. In Belgium the VAT number is the company number with BE in front: BE 0878.008.465.
Where is DEMIR ERCAN based?
The registered office is at Paapsemlaan 20, 1070 Anderlecht.Company details
What does DEMIR ERCAN do?
According to the KBO register, the main activity is manufacture of textiles (NACE 13929).
What is the legal form of DEMIR ERCAN?
Private limited company (BV).
When was DEMIR ERCAN founded?
On 19-12-2005.
Is DEMIR ERCAN still active?
Yes, DEMIR ERCAN is an active enterprise in the KBO register.
What is the turnover of DEMIR ERCAN?
≈ €200,000 in financial year 2025. Estimated from the gross margin of €65,999: probably between €130,000 and €340,000, based on 2,676 comparable companies of the same size. A rough estimate.Financials
Is DEMIR ERCAN profitable?
In financial year 2025, DEMIR ERCAN made a profit of €41,002.
Where can I find the annual accounts of DEMIR ERCAN?
DEMIR ERCAN filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of DEMIR ERCAN due?
By 31-01-2027, for financial year 2026.Timeline

Companies related to DEMIR ERCAN

Subsidiaries and holdings

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

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

We would like to set cookies. That happens only with your consent. What we measure