ERA-11

Active

Public limited companyfounded 198838 yrs activeSteenweg 404, 3570 Alken, BelgiumKBO/BCE: BE 0434.542.974

Summary

ERA-11 has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €435,219 and a net result of €6,742. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 82% of 2204 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch Report Compare

ERA-11ActiveChecked score 95/100

Risk analysis Report Compare

Activity

Painting of buildings

NACE 43341NACE 45441

#8 oldest company in Alken, Construction sector1 site

Size

€612,295total assets 2025

Equity: €435,219
Profit: €6,742

Financial health

95 Excellent Checked score 2025

Bankruptcy chance 12 m: < 0.1%

Structure

Accounts filed 1 d late0 of 8 deeds read

Why 95- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 9.52, cash €208,820+ Equity €435,219 (71.1% of total assets)+ Size: total assets €612,295Show the evidence

Checked score

Score 2025

95 / 100

Excellent

Probability in this band: under 0.55%

Better than 61% of its sector peers (NACE 43, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 96+5

equity 71.1% of total assets

Liquidity 93=

short-term debt 4.1% · cash 34.1%

Profitability 70+1

return on assets 1.1%

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 0.7% (47,004 companies)

Last 10 months 01-2026: < 0.1% 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%▲ +2.4% vs 02-2026 04-2026: < 0.1%▲ +2.4% vs 03-2026 05-2026: < 0.1%▲ +2.3% vs 04-2026 06-2026: < 0.1%▼ -2.3% vs 05-2026 07-2026: < 0.1%▲ +7.0% vs 06-2026 08-2026: 0.1%▲ +102% vs 07-2026highest value 09-2026: < 0.1%▼ -57.0% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value

Liquidity: current ratio 9.52, cash €208,820 lowers the probability
Sector Specialised construction activities (NACE 43) raises the probability
Equity €435,219 (71.1% of total assets) lowers the probability
Size: total assets €612,295 lowers the probability for this profile

Credit up to €40,000 at 30 days acceptable

Liquidity ample (current ratio 9.52 against 5.52 in 2024; short-term debt: 4.1% and cash: 34.1% of total assets), and 28.9% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 77%, liquidity 90%, profitability 38%, growth against the median 39%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Liquidity: current ratio 9.52, cash €208,820

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Sector Specialised construction activities (NACE 43)

In the bankruptcy model this factor raises the probability.

KBO

Equity €435,219 (71.1% of total assets)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Size: total assets €612,295

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-08-2026, 1 day later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

1 d late

2024

29 d late

2023

26 d late

2022

29 d late

2021

11 d late

2020

54 d early

2019

66 d 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 3 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 27 August (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

01-08-26 Annual accounts filedfiscal year 2025 · full…
29-08-25 Annual accounts filedfiscal year 2024 · abbreviated…
31-12-24 Weakest financial yearnet €2,553 ▼70.7%

Key points

Positive: Oldest company in Alken, Construction sectorin the Checked rankings #8 View
Positive: 8 profitable years in a rowprofit 2025: €6,742 8 years View
Active since 1988founded 10-06-1988 38 years View