ERA CONSTRUCT
ActiveSummary
ERA CONSTRUCT has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,132 and a net result of €10,139. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 95% of 9,396 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-05-1996 Normal situation
- Activity
- General construction of residential buildings NACE 41001
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
- Establishment unit
- 2.076.578.968 8400 Oostende, since 20-05-1996
- Financial year end
- 31 December
- Peppol
- Reachable since 21-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.0%
- Gross margin
- €11,177
- ▼ 44.1%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €10,139
- ▼ 48.7%
- Equity
- €28,132
- ▲ 56.3%
- Total assets
- €29,454
- ▲ 46.4%
- 2025 accounts filed 57 days after the deadline
Score breakdownraises riskLast filed accounts filed 57 days late; 3 of the last 3 accounts lateSector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €29,454lowers riskFounded in 1996Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 92% of them on solvency, 55% on liquidity, 91% on profitability and 81% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 21 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 57 days after the deadline Filed on 26 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00545228.
Annual accounts 2025 filed on 26-09-2026 at the NBB all 30 filings
Every figure per financial year
The operating result for 2025 is 52% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €9 | - | - | - | - |
| Other operating charges640/8 | - | - | - | - | €460 | €5,944 | €704 | €1,937 | ▲ 175% |
| Gross operating margin9900 | -€1,055 | - | -€463 | -€400 | €13,114 | -€8,093 | €19,984 | €11,177 | ▼ 44.1% |
| Operating profit (loss)9901 | -€16,547 | - | -€463 | -€400 | €12,645 | -€14,038 | €19,281 | €9,239 | ▼ 52.1% |
| Financial income75/76B | - | - | - | - | - | - | €550 | €1,045 | ▲ 90.1% |
| Recurring financial income75 | - | - | - | - | - | - | €550 | €1,045 | ▲ 90.1% |
| Financial charges65/66B | - | - | - | - | €31 | €213 | €54 | €146 | ▲ 170% |
| Recurring financial charges65 | €39 | €10 | - | - | €31 | €213 | €54 | €146 | ▲ 170% |
| Profit (loss) for the period before taxes9903 | -€16,587 | -€10 | -€463 | -€400 | €12,614 | -€14,251 | €19,776 | €10,139 | ▼ 48.7% |
| Profit (loss) for the period9904 | -€16,587 | -€10 | -€463 | -€400 | €12,614 | -€14,251 | €19,776 | €10,139 | ▼ 48.7% |
| Profit (loss) for the period to be appropriated9905 | -€16,587 | -€10 | -€463 | -€400 | €12,614 | -€14,251 | €19,776 | €10,139 | ▼ 48.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2,961 | €2,000 | €500 | €255 | €42,339 | €4,680 | €20,117 | €29,454 | ▲ 46.4% |
| Current assets29/58 | €2,961 | €2,000 | €500 | €255 | €42,339 | €4,680 | €20,117 | €29,454 | ▲ 46.4% |
| Amounts receivable within one year40/41 | €2,000 | €2,000 | €500 | €255 | €38,336 | €1,212 | €19,511 | €27,830 | ▲ 42.6% |
| Trade receivables40 | - | - | - | €255 | €35,000 | - | - | €989 | - |
| Other amounts receivable41 | - | - | - | - | €3,336 | €1,212 | €19,511 | €26,841 | ▲ 37.6% |
| Cash at bank and in hand54/58 | €961 | - | - | - | €4,003 | €3,468 | €57 | €449 | ▲ 694% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €550 | €1,175 | ▲ 114% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2,961 | €2,000 | €500 | €255 | €42,339 | €4,680 | €20,117 | €29,454 | ▲ 46.4% |
| Equity10/15 | €726 | €717 | €254 | -€146 | €12,468 | -€1,783 | €17,993 | €28,132 | ▲ 56.3% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | - | - | €18,592 | - | - | - | - | - |
| Issued capital100 | - | - | - | €18,592 | - | - | - | - | - |
| Reserves13 | €12,359 | €12,359 | €12,359 | €12,359 | €12,359 | €12,359 | €12,359 | €12,359 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | - | - | €1,859 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | - | - | - | €10,500 | €10,500 | €10,500 | €10,500 | €10,500 | = |
| Profit (loss) carried forward14 | -€30,225 | -€30,235 | -€30,697 | -€31,097 | -€18,483 | -€32,734 | -€12,958 | -€2,819 | ▲ 78.2% |
| Amounts payable17/49 | €2,235 | €1,283 | €246 | €401 | €29,871 | €6,463 | €2,124 | €1,322 | ▼ 37.8% |
| Amounts payable within one year42/48 | €1,837 | €1,283 | €246 | €401 | €29,871 | €6,463 | €2,124 | €1,322 | ▼ 37.8% |
| Trade debts44 | €557 | - | - | €400 | €15,202 | €596 | €1,024 | €1,322 | ▲ 29.1% |
| Suppliers440/4 | - | - | - | €400 | €15,202 | €596 | €1,024 | €1,322 | ▲ 29.1% |
| Taxes, remuneration and social security45 | - | - | - | - | - | €3,000 | €1,100 | - | - |
| Remuneration and social security454/9 | - | - | - | - | - | €3,000 | €1,100 | - | - |
| Other amounts payable47/48 | - | - | - | €1 | €14,669 | €2,866 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,587 | -€10 | -€463 | -€400 | €12,614 | -€14,251 | €19,776 | €10,139 | ▼ 48.7% |
| Operating cash flow (approximation) | -€16,587 | -€10 | -€463 | -€400 | €12,614 | -€14,251 | €19,776 | €10,139 | ▼ 48.7% |
| Change in cash | - | - | - | - | - | -€536 | -€3,411 | €392 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as ERA CONSTRUCT has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ERA CONSTRUCT itself is higher: 1.0% within 12 months. It rests on far more data about ERA CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,446 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 31,368 companies, not a prediction for ERA CONSTRUCT. 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.
Latest 10 of 30 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-09-2026 | 2026-00545228 | |
| 31-12-2024 | micro format | 13-10-2025 | 2025-00540148 | |
| 31-12-2023 | micro format | 11-10-2024 | 2024-00504129 | |
| 31-12-2022 | micro format | 01-09-2023 | 2023-00411035 | |
| 31-12-2021 | micro format | 17-05-2022 | 2022-20031582 | |
| 31-12-2020 | micro format | 18-08-2021 | 2021-50500361 | |
| 31-12-2019 | micro format | 30-06-2020 | 2020-26400109 | |
| 31-12-2018 | micro format | 01-07-2019 | 2019-26700390 | |
| 31-12-2017 | micro format | 03-07-2018 | 2018-28500498 | |
| 31-12-2016 | micro format | 27-09-2017 | 2017-63900337 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 02-08-2022 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CHIRAZIC Marian |
|
| VAN BOCKSTAELE Linda Marie Suzanne Renilde |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Aantal,duur,bevoegdheid bij meerdere bestuurders, 1”
Articles of association, deed of 02-08-2022 (in Dutch)
Network & group
ERA CONSTRUCT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of ERA CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
02-08
Gazette deed
Company renamed from L.V.B. to ERA CONSTRUCTResignation: VAN BOCKSTAELE Linda Marie Suzanne Renilde (manager) · Appointment: CHIRAZIC Marian (director) · Capital conversion14 points ▸
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan WVV” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening, vormen en meerderheden van statutenwijziging” (deed in Dutch)
- Name change, ERA CONSTRUCT
- Other provision, “vrijstelling voorlezing verslag artikel 5:101 WVV, ontslag van voorlezing” (deed in Dutch)
- Purpose change
- Amendment of the articles
- Capital
- Director resignation, VAN BOCKSTAELE Linda Marie Suzanne Renilde (manager)
- Director discharge, VAN BOCKSTAELE Linda Marie Suzanne Renilde
- Board rule, 1
- Director appointment, CHIRAZIC Marian (director (not named in the articles))
- The act holds 2 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
34 activities
- Grondverzet,proefboren en boren;
- Algemene bouw van residentiële gebouwen
- Optrekken van de ruwbouw van individuele huizen
- Optrekken van de ruwbouw van gebouwen met
- Optrekken van de ruwbouw van gebouwen
- Algemene coördinatiewerkzaamheden bouwwerf
- Optrekken van de ruwbouw van gebouwen voor industrieel of commercieel gebruik,van stel- en stapelplaatsen,scholen ziekenhuizen,van gebouwen voor de beoefening van erediensten,cultuur,enz.
- Bouw van andere civieltechnische werken,n.e.g.
- Uitvoeren van metselwerk
- Overige gespecialiseerde bouwwerkzaamheden
- De algemene coördinatie van de werkzaamheden op de bouwwerf;
- Bouwen van individuele huizen;
- Optrekken van andere residentiële gehouwen en van kantoorgebouwen;
- Optrekken van gebouwen voor industrieel of commercieel gebruik,voor landbouwdoeleinden,enz.;
- Aanleg van pijpleidingen,telecommunicatieleidingen en hoogspanningsleidingen;
- Aanleg van spoorwegen,wegen,straten,vliegvelden en sportaccommodaties,
- Baggerwerken,overige waterbouw;
- Het vlechten van ijzer en aanbrengen van bekisting;
- Het uitvoeren van metselwerken;
- Het aanbrengen van chape,bouwen van schoorstenen en industriële ovens;
- Het monteren van niet-zelfvervaardigde metalen constructiewerken;
- Het uitvoeren van hijs- en hefwerkzaamheden voor rekening van derden;
- Het optrekken en afbreken van steigers en werkplatforms;
- Het uitvoeren van voegwerken;
- Isolatiewerken.
- De installatie van verlichtings- en signaleringssystemen voor wegen en spoorwegen,in havens en luchthavens(inclusief de installatie van verkeersborden);
- De installatie van stores en zonneschermen;
- Het plaatsen van tussenwanden en gipsplaten;
- Allerhande metaalschrijnwerk;
- Het aanbrengen in gebouwen en andere bouwwerken van vloer of wandtegels van keramische stoffen,beton of gehouwen steen;
- Vloerbedekking en wandbekleding van terrazzo marmer,graniet of lei;
- Het schilderen van metalen constructies;
- Gevelreiniging door middel van zandstralen,met behulp van stoom,enz.;
- Het reinigen van nieuwe gebouwen na beëindiging van bouwwerkzaamheden;
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0457.897.111
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 35382D0411/00N000 | Flanders | 90 m² | 1 · 90 m² | 11.0 m · 3 |