Debts
€62,589 93% of the balance sheet
Financial debts 70%Suppliers 1%Other 29%
Of this, €18,512 falls due within a year.
ERAFIB
Lifetime
2 annual accounts with figures on one time axispeak €3,596 (2024)
-€1,950▼ €5,546
lowest -€5,661 (2025)
-€5,661▼ €6,207
peak €10,546 (2024)
€4,886▼ 53.7%
€62,589▲ 12×
Board1 name since 2024
1 directorMAZIBAS Ali
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from €3,596 to -€1,950Loss of €5,661Equity from €10,546 to €4,886Debts from €5,176 to €62,589Investments €50,283Cash from €1,559 to €3,146
Key points
from the 2025 annual accountsInvestments
€50,283 28.9 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.96 was 2.81 in 2024
Short-term debts rose from €5,176 to €18,512.
2025 accounts filed 30 days after the deadlineTurnover not published (micro format)
Checked score
54
Fair
Financially stronger than 23% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2025: 0.7%
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.8%▲ +0.1 percentage points vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 0.9%▲ +0.1 percentage points vs 07-2025
09-2025: 0.5%▼ -0.4 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025lowest value
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.6%▲ +0.1 percentage points vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.9%▲ +0.3 percentage points vs 07-2026
09-2026: 1.0%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 1.0%● unchanged vs 09-2026
11-2026: 1.0%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Last filed accounts filed 30 days late; 1 of the last 3 accounts late
Founded in 2024
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €67,475
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 68, micro). It does better than 28% of them on solvency, 39% on liquidity, 12% on profitability and 11% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,301 companies had the same profile as ERAFIB has now. Each dot stands for 4 companies, two years later.
92.5%
were still trading
1.6%
stopped another way
5.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ERAFIB itself is lower: 1.0% within 12 months. It rests on far more data about ERAFIB than the profile alone.
Test of the method
The method was tested on the 497,447 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 1,301 companies, not a prediction for ERAFIB. 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.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.96 (2.81 in 2024), below 1. Short-term debt is 27.4% and cash 4.7% of total assets. 92.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 2 filingsDeviation from the deadline
2025
30 days late
2024
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 31 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1005746280
Incorporation
Founding capital of €10,000, 100 shares · Founder: MAZIBAS Ali · Appointment: MAZIBAS Ali (director) · published on 09-02-2024 · Gazette deed
First establishment
Excelsiorlaan 71, Zaventem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ERAFIB Zaventem | €67,475 | -€1,950 | 7.2% | - |
| DAAN INVEST IMMO Walhain | €70,531 | -€2,323 | -24.9% | - |
| TEV INVEST Antwerp | €74,258 | -€14,135 | -7.4% | - |
| GREPrimus Tienen | €92,096 | -€398 | 81.6% | - |
| RP-5 Gembloux | €61,091 | -€88 | 96.7% | - |
| ESM PROPERTY Charleroi | €85,146 | -€16,381 | 79.4% | - |
| Otto-K Invest Temse | €73,737 | -€2,437 | 2.7% | - |
These companies have the same main activity as ERAFIB: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €61,100 and €92,100, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 07-02-2024Normal situation
- Registered office
- 288 active companies are registered at this address61 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Buying and selling of own real estateNACE 68110and 3 others
- Establishment unit
- 2.356.699.1321930 Zaventem, since 07-02-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 04-12-2025
Insights on ERAFIB
The balance sheet grew most in 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ERAFIB
- What is the company number of ERAFIB?
- The company number of ERAFIB is 1005.746.280. The VAT number is the same number with BE in front: BE 1005.746.280.
- Where is ERAFIB based?
- The registered office is at Excelsiorlaan 71, 1930 Zaventem.Company details
- What does ERAFIB do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of ERAFIB?
- ERAFIB is a private limited company (BV).
- When was ERAFIB founded?
- ERAFIB was founded on 07-02-2024.
- Is ERAFIB still active?
- Yes, ERAFIB is an active enterprise in the KBO register.
- What is the turnover of ERAFIB?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is ERAFIB profitable?
- In financial year 2025, ERAFIB made a loss of €5,661.
- Where can I find the annual accounts of ERAFIB?
- ERAFIB filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ERAFIB due?
- ERAFIB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.