E & R
ActiveSummary
E & R has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €19k and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 72% of 207 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability79▼-21
Solvency91▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 3.32 against 2.82 in 2025; short-term debt: 28.7% and cash: 26.1% of total assets), and 33.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
66.4%
Return on assets
8%
Age of the figures
6 mo
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2026Equity per financial year
1920212223242526
2019 to 2026 · latest year €19k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 16-09-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
45 d early
2025
45 d early
2024
45 d early
2023
43 d early
2022
42 d early
2021
33 d early
2020
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-03-2027 close31-10-2027 deadline
History
Financials · fiscal year 2026, micro schema
Equity
€19k▲ 13.7%
2025 · €17k
Total assets
€29k▲ 16.7%
2025 · €25k
Net result
€2k▼ 74.9%
2025 · €9k
Working capital
€19k▲ 34.0%
2025 · €14k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€-3k€4k€4k▼ 14.3%€10k▲ 178%€3k▼ 72.3%
Net result€-3k€4k€3k▼ 30.9%€9k▲ 262%€2k▼ 74.9%
Equity€1k▼ 69.8%€5k▲ 255%€8k▲ 49.6%€17k▲ 120%€19k▲ 13.7%
Total assets€5k▼ 36.2%€11k▲ 112%€19k▲ 70.6%€25k▲ 32.8%€29k▲ 16.7%
Debt€4k▲ 12.6%€6k▲ 56.3%€11k▲ 89.2%€8k▼ 28.2%€10k▲ 23.2%
Working capital€-949€3k€5k▲ 69.8%€14k▲ 169%€19k▲ 34.0%
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 2026; 2026 is 72% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €29k
Fixed assets
€1k ▼ 45.3%
Current assets
€27k ▲ 23.8%
Equity and liabilities €29k
Equity
€19k ▲ 13.7%
Debt
€10k ▲ 23.2%
Debt's share of the balance-sheet total rises from 31.8% to 33.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▼
2025 · €11k
Cash flow
€3k▼
2025 · €10k
Current ratio
3.32▲
2025 · 2.82
Quick ratio
0.96▲
2025 · 0.43
Debt to equity
0.51▲
2025 · 0.47
ROE
12.0%▼
2025 · 54.5%
ROA
8.0%▼
2025 · 37.2%
Interest coverage
27.55▲
2025 · 13.49
Debt ≤ 1 year
€8k▲
2025 · €8k
Debt > 1 year
€1k
Income taxes
€289
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €238 | €409 | €733 | €948 | €1k | ▲ 21.2% |
| Other operating charges640/8 | - | €1k | €614 | €603 | €643 | ▲ 6.7% |
| Gross operating margin9900 | €-3k | €6k | €5k | €11k | €5k | ▼ 60.3% |
| Operating profit (loss)9901 | €-3k | €4k | €4k | €10k | €3k | ▼ 72.3% |
| Financial income75/76B | €2 | - | - | €109 | €0 | ▼ 99.9% |
| Recurring financial income75 | €2 | - | - | €109 | €0 | ▼ 99.9% |
| Financial charges65/66B | €373 | €466 | €1k | €799 | €140 | ▼ 82.4% |
| Recurring financial charges65 | €373 | €466 | €1k | €799 | €140 | ▼ 82.4% |
| Profit (loss) for the period before taxes9903 | €-3k | €4k | €3k | €9k | €3k | ▼ 71.8% |
| Income taxes67/77 | - | - | - | - | €289 | - |
| Profit (loss) for the period9904 | €-3k | €4k | €3k | €9k | €2k | ▼ 74.9% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €4k | €3k | €9k | €2k | ▼ 74.9% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5k | €11k | €19k | €25k | €29k | ▲ 16.7% |
| Fixed assets21/28 | €2k | €2k | €2k | €3k | €1k | ▼ 45.3% |
| Tangible fixed assets22/27 | €2k | €2k | €2k | €3k | €1k | ▼ 45.3% |
| Plant, machinery and equipment23 | €2k | €2k | €2k | €1k | €630 | ▼ 39.4% |
| Furniture and vehicles24 | - | - | €785 | €1k | €757 | ▼ 49.4% |
| Current assets29/58 | €3k | €9k | €16k | €22k | €27k | ▲ 23.8% |
| Stocks and contracts in progress3 | €3k | €8k | €14k | €19k | €19k | ▲ 3.8% |
| Stocks30/36 | €3k | €8k | €14k | €19k | €19k | ▲ 3.8% |
| Amounts receivable within one year40/41 | €73 | €494 | €1k | - | €412 | - |
| Trade receivables40 | €73 | €494 | €1k | - | €412 | - |
| Cash at bank and in hand54/58 | - | - | €567 | €3k | €7k | ▲ 124% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5k | €11k | €19k | €25k | €29k | ▲ 16.7% |
| Equity10/15 | €1k | €5k | €8k | €17k | €19k | ▲ 13.7% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €964 | €964 | €964 | €964 | €964 | = |
| Non-distributable reserves130/1 | €964 | €964 | €964 | €964 | €964 | = |
| Reserves not available under the articles1311 | €964 | €964 | €964 | €964 | €964 | = |
| Profit (loss) carried forward14 | €-18k | €-14k | €-12k | €-3k | €-510 | ▲ 81.8% |
| Amounts payable17/49 | €4k | €6k | €11k | €8k | €10k | ▲ 23.2% |
| Amounts payable after more than one year17 | - | - | - | - | €1k | - |
| Financial debts170/4 | - | - | - | - | €1k | - |
| Amounts payable within one year42/48 | €4k | €6k | €11k | €8k | €8k | ▲ 5.3% |
| Current portion of amounts payable after more than one year42 | - | - | €4k | €2k | €2k | ▼ 12.5% |
| Financial debts43 | €2k | €2k | - | - | - | - |
| Credit institutions430/8 | €2k | €2k | - | - | - | - |
| Trade debts44 | €745 | €132 | €527 | €2k | €3k | ▲ 63.9% |
| Suppliers440/4 | €745 | €132 | €527 | €2k | €3k | ▲ 63.9% |
| Taxes, remuneration and social security45 | €68 | €1k | €2k | €1k | €2k | ▲ 72.6% |
| Taxes450/3 | €68 | €1k | €2k | €1k | €2k | ▲ 72.6% |
| Other amounts payable47/48 | €1k | €2k | €5k | €3k | €2k | ▼ 45.5% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €4k | €3k | €9k | €2k | ▼ 74.9% |
| + Depreciation and write-downs630 | €238 | €409 | €733 | €948 | €1k | ▲ 21.2% |
| Operating cash flow (approximation) | €-3k | €4k | €3k | €10k | €3k | ▼ 65.9% |
| Investment in fixed assets (approximation) | - | €0 | €-1k | €-1k | €0 | ▲ 100% |
| Change in cash | - | - | - | €3k | €4k | ▲ 49.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
16-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €9k ▲262%
Operating result €10k, net result €9k, both a record.
2024
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-03
Financial
Liquidity doublescurrent ratio 1.54
Current ratio from 0.74 to 1.54.
2022
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Back to profitnet €45
Net result €45 after 2 loss-making years.
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2019
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2000
Ground area
1,154 m²
Building footprint
197 m²
Volume, LiDAR
636 m³
Parcel 41342B0713/00N002, Flanders · tallest building 4.1 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BISOU
since 20002.099.573.215
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0713/00N002 | Flanders | 1,154 m² | 1 · 197 m² | 4.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Sana
BE 1005.241.781
Antwerpen · Eq €19,068
FASHION LAUWERS
BE 0442.257.939
Beveren-Kruibeke-Zwijndrecht · Eq €18,803
NOMBRIL
BE 0882.370.990
Liège · Eq €18,744
L'APOSTROPHE
BE 0432.706.805
Antwerpen · Eq €18,718
VEGUR
BE 0540.728.280
Beveren-Kruibeke-Zwijndrecht · Eq €18,600
Of 1,271 companies in sector 47512 we hold annual accounts for 581. 359 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-03-2000
Fiscal year end31-03
Activities, NACEBEL 2025
47512Retail sale of household textiles and bedding
Scores and ratios are computed by Checked and are not a credit decision.