ERAGIS

Active

Public limited companyfounded 199135 yrs activeBonipré,Villance 108, 6890 Libin, BelgiumKBO/BCE: BE 0444.802.012

Summary

ERAGIS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €338,249 and a net result of -€24,004. Equity is shrinking by ~5.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch Report Compare

ERAGISActiveChecked score 89/100

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€497,943total assets 2025

Equity: €338,249
Loss: -€24,004

Turnover not published (abridged schema)

Financial health

89 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.2%

Structure

Accounts filed 39 d late0 of 7 deeds read

Why 89- Latest accounts 39 days late; 2 of the last 3 late- Loss of €24,004, the second in a row (FY 2025)+ Size: total assets €497,943+ Liquidity: current ratio 1.55, cash €126,899Show the evidence

Checked score

Score 2025

89 / 100

Excellent

Probability in this band: under 0.55%

Better than 48% of its sector peers (no NACE code, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 93-7

equity 67.9% of total assets

Liquidity 68-7

short-term debt 32.0% · cash 25.5%

Profitability 63+57

return on assets -4.8%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 20 months 03-2025: 0.1%lowest value 04-2025: 0.1%▲ +9.4% vs 03-2025 05-2025: 0.1%▲ +98.3% vs 04-2025 06-2025: 0.1%▲ +20.0% vs 05-2025 07-2025: 0.3%▲ +81.9% vs 06-2025 08-2025: 0.3%▲ +7.2% vs 07-2025 09-2025: 0.4%▲ +42.4% vs 08-2025 10-2025: 0.8%▲ +100% vs 09-2025highest value 11-2025: 0.3%▼ -65.3% vs 10-2025 12-2025: 0.3%● 0.0% vs 11-2025 01-2026: 0.3%▼ -0.8% vs 12-2025 02-2026: 0.3%● 0.0% vs 01-2026 03-2026: 0.3%▲ +6.4% vs 02-2026 04-2026: 0.3%▲ +1.4% vs 03-2026 05-2026: 0.3%▼ -0.4% vs 04-2026 06-2026: 0.3%▲ +10.9% vs 05-2026 07-2026: 0.3%▲ +1.3% vs 06-2026 08-2026: 0.5%▲ +46.7% vs 07-2026 09-2026: 0.5%▲ +9.6% vs 08-2026 10-2026: 0.2%▼ -66.3% vs 09-2026

Size: total assets €497,943 lowers the probability for this profile
Latest accounts 39 days late; 2 of the last 3 late raises the probability
Loss of €24,004, the second in a row (FY 2025) raises the probability
Liquidity: current ratio 1.55, cash €126,899 lowers the probability

Credit up to €30,000 at 30 days acceptable

Liquidity ample (current ratio 1.55 against 1.83 in 2024; short-term debt: 32% and cash: 25.5% of total assets), and 32.1% 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 (no NACE code, micro). Better than this share of them on solvency 57%, liquidity 64%, profitability 42%, growth against the median 28%. 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

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

−lowers risk+raises risk○neutral

Size: total assets €497,943

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

NBB · annual accounts

Latest accounts 39 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Loss of €24,004, the second in a row (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Liquidity: current ratio 1.55, cash €126,899

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

19202122232425

2019 to 2025 · latest year -€24,004

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 days 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

39 d late

2024

69 d late

2023

4 d early

2022

26 d late

2021

9 d early

2020

on the day

2019

3 d early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 17 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.

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