ERAHEM
ActiveSummary
ERAHEM has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €475k and a net result of €243k. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 92% of 3489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+32
Solvency100▲+18
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 3.45 against 0.15 in 2024; short-term debt: 8.4% and cash: 8.8% of total assets), and 8.7% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer 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 2025Solvency, return and age of the figures
Solvency
91.3%
Return on assets
46.7%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
10 d early
2023
5 d early
2022
7 d early
2021
18 d early
2020
15 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
History
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€243k▲ 1,408%
2024 · €16k
Working capital
€107k
2024 · €-141k
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
Line20212022202320242025
Operating result€1k▼ 71.1%€6k▲ 354%€33k▲ 460%€35k▲ 9.1%€273k▲ 670%
Net result€-3k€116k€17k▼ 85.7%€16k▼ 2.7%€243k▲ 1,408%
Equity€83k▼ 3.2%€199k▲ 140%€216k▲ 8.3%€232k▲ 7.5%€475k▲ 105%
Total assets€438k▲ 126%€428k▼ 2.1%€413k▼ 3.5%€404k▼ 2.2%€520k▲ 28.7%
Debt€355k▲ 229%€229k▼ 35.4%€197k▼ 13.8%€172k▼ 12.7%€45k▼ 73.7%
Working capital€-184k▼ 1,197%€-84k▲ 54.2%€-68k▲ 19.9%€-141k▼ 109%€107k
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 670% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €520k
Fixed assets
€370k ▼ 2.5%
Current assets
€150k ▲ 504%
Equity and liabilities €520k
Equity
€475k ▲ 105%
Debt
€45k ▼ 73.7%
Debt's share of the balance-sheet total falls from 42.6% to 8.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€283k▲
2024 · €45k
Cash flow
€252k▲
2024 · €25k
Current ratio
3.45▲
2024 · 0.15
Debt to equity
0.10▼
2024 · 0.74
ROE
51.2%▲
2024 · 6.9%
ROA
46.7%▲
2024 · 4.0%
Interest coverage
45.41▲
2024 · 5.35
Debt ≤ 1 year
€43k▼
2024 · €166k
Debt > 1 year
€2k▼
2024 · €6k
Income taxes
€25k▲
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €196k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €9k | €9k | €9k | €9k | = |
| Other operating charges640/8 | - | €3k | €3k | €3k | €3k | ▼ 5.4% |
| Gross operating margin9900 | €19k | €18k | €44k | €48k | €285k | ▲ 499% |
| Operating profit (loss)9901 | €1k | €6k | €33k | €35k | €273k | ▲ 670% |
| Financial income75/76B | - | €123k | €0 | €0 | €865 | ▲ 8,646,600% |
| Recurring financial income75 | €0 | €123k | €0 | €0 | €865 | ▲ 8,646,600% |
| Financial charges65/66B | - | €5k | €6k | €8k | €6k | ▼ 25.8% |
| Recurring financial charges65 | €3k | €5k | €6k | €8k | €6k | ▼ 25.8% |
| Profit (loss) for the period before taxes9903 | €-2k | €123k | €27k | €27k | €268k | ▲ 888% |
| Income taxes67/77 | €599 | €7k | €10k | €11k | €25k | ▲ 127% |
| Profit (loss) for the period9904 | €-3k | €116k | €17k | €16k | €243k | ▲ 1,408% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €116k | €17k | €16k | €243k | ▲ 1,408% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €438k | €428k | €413k | €404k | €520k | ▲ 28.7% |
| Fixed assets21/28 | €411k | €398k | €389k | €379k | €370k | ▼ 2.5% |
| Tangible fixed assets22/27 | €103k | €90k | €81k | €71k | €62k | ▼ 13.1% |
| Land and buildings22 | - | €66k | €62k | €58k | €54k | ▼ 6.8% |
| Plant, machinery and equipment23 | - | €24k | €19k | €13k | €8k | ▼ 41.0% |
| Furniture and vehicles24 | - | €0 | - | - | - | - |
| Financial fixed assets28 | €308k | €308k | €308k | €308k | €308k | = |
| Current assets29/58 | €27k | €30k | €25k | €25k | €150k | ▲ 504% |
| Amounts receivable within one year40/41 | €16k | €14k | €15k | €15k | €11k | ▼ 26.3% |
| Trade receivables40 | - | €14k | €12k | €12k | €11k | ▼ 6.1% |
| Other amounts receivable41 | - | €0 | €3k | €3k | €0 | ▼ 100% |
| Current investments50/53 | €0 | - | - | - | €91k | - |
| Cash at bank and in hand54/58 | €10k | €16k | €9k | €8k | €46k | ▲ 472% |
| Deferred charges and accrued income490/1 | - | €1k | €474 | €2k | €3k | ▲ 37.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €438k | €428k | €413k | €404k | €520k | ▲ 28.7% |
| Equity10/15 | €83k | €199k | €216k | €232k | €475k | ▲ 105% |
| Contributions10/11 | - | €57k | €57k | €57k | €57k | = |
| Reserves13 | €33k | €83k | €100k | €116k | €166k | ▲ 43.2% |
| Non-distributable reserves130/1 | - | €3k | €1k | €1k | €1k | = |
| Reserves not available under the articles1311 | - | €3k | €1k | €1k | €1k | = |
| Distributable reserves133 | - | €80k | €98k | €114k | €164k | ▲ 43.7% |
| Profit (loss) carried forward14 | €-7k | €59k | €59k | €59k | €251k | ▲ 329% |
| Amounts payable17/49 | €355k | €229k | €197k | €172k | €45k | ▼ 73.7% |
| Amounts payable after more than one year17 | €144k | €114k | €105k | €6k | €2k | ▼ 70.3% |
| Financial debts170/4 | - | €114k | €105k | €6k | €2k | ▼ 70.3% |
| Amounts payable within one year42/48 | €211k | €115k | €92k | €166k | €43k | ▼ 73.8% |
| Current portion of amounts payable after more than one year42 | - | €29k | €14k | €89k | €4k | ▼ 95.2% |
| Trade debts44 | €0 | €973 | €1k | €1k | €4k | ▲ 172% |
| Suppliers440/4 | - | €973 | €1k | €1k | €4k | ▲ 172% |
| Taxes, remuneration and social security45 | - | €12k | €13k | €11k | €14k | ▲ 32.0% |
| Taxes450/3 | - | €12k | €13k | €8k | €14k | ▲ 73.8% |
| Remuneration and social security454/9 | - | - | - | €3k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €72k | €64k | €65k | €21k | ▼ 67.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €116k | €17k | €16k | €243k | ▲ 1,408% |
| + Depreciation and write-downs630 | €15k | €9k | €9k | €9k | €9k | = |
| Operating cash flow (approximation) | €12k | €125k | €26k | €25k | €252k | ▲ 891% |
| Investment in fixed assets (approximation) | - | €3k | €0 | €0 | €0 | - |
| Change in cash | - | €6k | €-7k | €-658 | €38k | ▲ 5,815% |
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 2026, expected by
2026
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €243k ▲1,408%
Operating result €273k, net result €243k, both a record.
30-06
Financial
Liquidity times 23current ratio 3.45
Current ratio from 0.15 to 3.45; short-term debt falls from €166k to €43k.
21-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €200kEq €216k ▲8.3%
2 profitable years in a row build equity to €216k.
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Back to profitnet €116k
Net result €116k after one loss-making year.
30-06
Financial
Equity above €150kEq €199k ▲140%
Equity rises from €83k to €199k.
13-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
15-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 15 days late
Show earlier events
2020
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
25-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ellezelles · 1 establishment unit since 2009
Ground area
2,551 m²
Building footprint
209 m²
Volume, LiDAR
906 m³
Parcel 51017D1012/00C000, Wallonia · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Notre-Dame 27, 7890 Ellezelles
since 20092.182.230.477
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51017D1012/00C000 | Wallonia | 2,551 m² | 1 · 209 m² | 6.4 m · 2 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.
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Of 4,563 companies in sector 74999 we hold annual accounts for 1,934. 1,203 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
Founded08-10-2009
Fiscal year end30-06
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
Scores and ratios are computed by Checked and are not a credit decision.