ERANN
ActiveSummary
ERANN has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €217k and a net result of €-31k. Equity is shrinking by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 2284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability8▼-83
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 23.6 against 10.25 in 2024; short-term debt: 2.3% and cash: 2.2% of total assets), and 2.3% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
2 d early
2023
3 d early
2022
3 d early
2021
2 d early
2020
10 d early
2019
13 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, abbreviated schema
Equity
€217k▼ 12.5%
2024 · €249k
Total assets
€223k▼ 25.5%
2024 · €299k
Net result
€-31k
2024 · €54k
Working capital
€116k▼ 37.3%
2024 · €184k
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€69k▼ 31.2%€77k▲ 11.9%€68k▼ 11.3%€76k▲ 11.3%€70k▼ 7.8%
Net result€17k▼ 76.1%€20k▲ 19.2%€52k▲ 164%€54k▲ 3.6%€-31k
Equity€288k▼ 35.6%€306k▲ 6.6%€359k▲ 17.0%€249k▼ 30.7%€217k▼ 12.5%
Total assets€326k▼ 61.4%€423k▲ 29.9%€480k▲ 13.4%€299k▼ 37.7%€223k▼ 25.5%
Debt€27k▼ 92.7%€106k▲ 288%€121k▲ 14.0%€50k▼ 58.5%€5k▼ 89.8%
Working capital€80k▼ 31.9%€196k▲ 145%€273k▲ 39.7%€184k▼ 32.5%€116k▼ 37.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €223k
Fixed assets
€102k ▲ 8.0%
Current assets
€121k ▼ 41.0%
Equity and liabilities €223k
Equity
€217k ▼ 12.5%
Debt
€5k ▼ 89.8%
Debt's share of the balance-sheet total falls from 16.8% to 2.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€75k▼
2024 · €81k
Cash flow
€-26k▼
2024 · €59k
Current ratio
23.60▲
2024 · 10.25
Debt to equity
0.02▼
2024 · 0.20
ROE
-14.3%▼
2024 · 21.8%
ROA
-14.0%▼
2024 · 18.1%
Interest coverage
0.75▼
2024 · 42.50
Debt ≤ 1 year
€5k▼
2024 · €20k
Income taxes
€652▼
2024 · €28k
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 | - | - | €16k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €9k | €4k | €5k | €5k | ▲ 1.9% |
| Other operating charges640/8 | €837 | €6k | €1k | €994 | €718 | ▼ 27.8% |
| Non-recurring operating charges66A | €23k | - | €5k | - | - | - |
| Gross operating margin9900 | €100k | €92k | €78k | €82k | €76k | ▼ 7.5% |
| Operating profit (loss)9901 | €69k | €77k | €68k | €76k | €70k | ▼ 7.8% |
| Financial income75/76B | €7k | €6k | €7k | €8k | €9 | ▼ 99.9% |
| Recurring financial income75 | €7k | €6k | €7k | €8k | €9 | ▼ 99.9% |
| Financial charges65/66B | €31k | €51k | €4k | €2k | €101k | ▲ 5,156% |
| Recurring financial charges65 | €31k | €51k | €4k | €2k | €101k | ▲ 5,156% |
| Profit (loss) for the period before taxes9903 | €45k | €32k | €72k | €83k | €-30k | ▼ 137% |
| Transfer from deferred taxes780 | €12k | €404 | €10k | - | - | - |
| Income taxes67/77 | €40k | €12k | €30k | €28k | €652 | ▼ 97.7% |
| Profit (loss) for the period9904 | €17k | €20k | €52k | €54k | €-31k | ▼ 157% |
| Transfer from tax-exempt reserves789 | €36k | €1k | €32k | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €52k | €21k | €84k | €54k | €-31k | ▼ 157% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €326k | €423k | €480k | €299k | €223k | ▼ 25.5% |
| Fixed assets21/28 | €219k | €222k | €86k | €94k | €102k | ▲ 8.0% |
| Tangible fixed assets22/27 | €204k | €207k | €71k | €79k | €87k | ▲ 9.5% |
| Land and buildings22 | €157k | €152k | - | - | - | - |
| Plant, machinery and equipment23 | €4k | €3k | €8k | €7k | €5k | ▼ 33.9% |
| Furniture and vehicles24 | €7k | €9k | €9k | €6k | €16k | ▲ 162% |
| Other tangible fixed assets26 | €35k | €43k | €53k | €66k | €66k | = |
| Financial fixed assets28 | €15k | €15k | €15k | €15k | €15k | = |
| Current assets29/58 | €107k | €201k | €394k | €204k | €121k | ▼ 41.0% |
| Amounts receivable after more than one year29 | €50k | €50k | €200k | €70k | €70k | = |
| Other amounts receivable291 | €50k | €50k | €200k | €70k | €70k | = |
| Amounts receivable within one year40/41 | €21k | €27k | €82k | €102k | €44k | ▼ 56.9% |
| Trade receivables40 | €20k | €8k | €17k | €17k | €17k | ▲ 3.6% |
| Other amounts receivable41 | €410 | €20k | €64k | €85k | €27k | ▼ 68.7% |
| Cash at bank and in hand54/58 | €35k | €106k | €104k | €23k | €5k | ▼ 77.9% |
| Deferred charges and accrued income490/1 | €708 | €18k | €9k | €10k | €2k | ▼ 82.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €326k | €423k | €480k | €299k | €223k | ▼ 25.5% |
| Equity10/15 | €288k | €306k | €359k | €249k | €217k | ▼ 12.5% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €269k | €288k | €340k | €230k | €230k | = |
| Tax-exempt reserves132 | €33k | €32k | - | - | - | - |
| Distributable reserves133 | €236k | €256k | €340k | €230k | €230k | = |
| Profit (loss) carried forward14 | - | - | - | - | €-31k | - |
| Provisions and deferred taxes16 | €11k | €10k | - | - | - | - |
| Deferred taxes168 | €11k | €10k | - | - | - | - |
| Amounts payable17/49 | €27k | €106k | €121k | €50k | €5k | ▼ 89.8% |
| Amounts payable after more than one year17 | - | €100k | - | €30k | - | - |
| Financial debts170/4 | - | €100k | - | €30k | - | - |
| Amounts payable within one year42/48 | €27k | €6k | €121k | €20k | €5k | ▼ 74.4% |
| Current portion of amounts payable after more than one year42 | €17k | - | €100k | - | - | - |
| Trade debts44 | €3k | €503 | €2k | €1k | €283 | ▼ 75.0% |
| Suppliers440/4 | €3k | €503 | €2k | €1k | €283 | ▼ 75.0% |
| Taxes, remuneration and social security45 | €1k | €2k | €15k | €12k | €2k | ▼ 84.8% |
| Taxes450/3 | €300 | €600 | €15k | €12k | €2k | ▼ 84.8% |
| Remuneration and social security454/9 | €1k | €1k | - | - | - | - |
| Other amounts payable47/48 | €6k | €4k | €3k | €7k | €3k | ▼ 55.8% |
| Accrued charges and deferred income492/3 | €235 | €235 | €235 | €235 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €20k | €52k | €54k | €-31k | ▼ 157% |
| + Depreciation and write-downs630 | €7k | €9k | €4k | €5k | €5k | ▲ 1.9% |
| Operating cash flow (approximation) | €24k | €29k | €56k | €59k | €-26k | ▼ 143% |
| Investment in fixed assets (approximation) | - | €-12k | €132k | €-14k | €-13k | ▲ 6.4% |
| Change in cash | - | €71k | €-2k | €-81k | €-18k | ▲ 78.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Liquidity doublescurrent ratio 23.60
Current ratio from 10.25 to 23.60; short-term debt falls from €20k to €5k.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Liquidity triplescurrent ratio 10.25
Current ratio from 3.26 to 10.25; short-term debt falls from €121k to €20k.
27-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Liquidity times 9current ratio 34.13
Current ratio from 3.94 to 34.13; short-term debt falls from €27k to €6k.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Liquidity triplescurrent ratio 3.94
Current ratio from 1.33 to 3.94; short-term debt falls from €358k to €27k.
20-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Back to profitnet €93k
Net result €93k after one loss-making year.
Show earlier events
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Gent · 1 establishment unit since 1999
Ground area
1,058 m²
Building footprint
163 m²
Volume, LiDAR
884 m³
Parcel 44017A0908/00D000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Beekstraatkouter 67, 9031 Gent
since 19992.092.318.209
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017A0908/00D000 | Flanders | 1,058 m² | 1 · 163 m² | 9.3 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 11,220 companies in sector 82100 we hold annual accounts for 3,511. 2,418 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
Founded01-04-1999
Fiscal year end30-09
Activities, NACEBEL 2025
82100Office administrative and support services
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.