ERAP
ActiveERAP has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7.88M and a net result of €3.57M. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 40% of 761 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
97
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▲+4
Solvency63▼-4
Growth57=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €750k at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.43 in 2023), and 65.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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 2024Solvency, return and age of the figures
Solvency
34.5%
Return on assets
15.6%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
40 d early
2022
34 d early
2021
40 d early
2020
40 d early
2019
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€29.94M▲ 8.3%
2023 · €27.65M
2018: €19.79M
2019: €19.95M
2020: €21.46M
2021: €27.18M
2022: €28.64M
2023: €27.65M
2018 → 2024
EBIT margin
16.9%▲ 1.7pp
2023 · 15.2%
2018: 12.0%
2019: 12.1%
2020: 12.7%
2021: 15.0%
2022: 9.1%
2023: 15.2%
2018 → 2024
Net result
€3.57M▲ 13.0%
2023 · €3.16M
2018: €1.35M
2019: €1.38M
2020: €2.04M
2021: €3.20M
2022: €2.10M
2023: €3.16M
2018 → 2024
Working capital
€6.20M▲ 6.6%
2023 · €5.82M
2018: €16.93M
2019: €17.87M
2020: €5.77M
2021: €5.48M
2022: €6.05M
2023: €5.82M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€21.46M-€27.18M▲ 26.7%€28.64M▲ 5.4%€27.65M▼ 3.5%€29.94M▲ 8.3%
Equity€7.54M-€7.54M=€7.64M▲ 1.3%€7.80M▲ 2.1%€7.88M▲ 0.9%
Operating result€2.72M-€4.08M▲ 49.8%€2.59M▼ 36.5%€4.21M▲ 62.3%€5.06M▲ 20.2%
Net result€2.04M-€3.20M▲ 56.8%€2.10M▼ 34.4%€3.16M▲ 50.5%€3.57M▲ 13.0%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 20% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €22.85M
Fixed assets
€1.70M▼ 15.5%
Current assets
€21.15M▲ 9.7%
Equity and liabilities €22.85M
Equity
€7.88M▲ 0.9%
Provisions
€30k=
Debt
€14.94M▲ 11.0%
The debt ratio rises from 63.2% to 65.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€5.45M▲
2023 · €4.58M
Cash flow
€3.96M▲
2023 · €3.53M
Solvency
34.5%▼
2023 · 36.6%
Current ratio
1.42▼
2023 · 1.43
Quick ratio
1.19▲
2023 · 1.16
Debt / equity
1.90▲
2023 · 1.73
ROE
45.4%▲
2023 · 40.5%
ROA
15.6%▲
2023 · 14.8%
Interest coverage
7.47▼
2023 · 8.77
Debt
€14.94M▲
2023 · €13.46M
Debt ≤ 1 year
€14.94M▲
2023 · €13.46M
Income taxes
€1.27M▲
2023 · €1.03M
Staff costs
€3.48M▲
2023 · €3.26M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€21.30M€22.85M▲
Fixed assets21/28€2.01M€1.70M▼
Tangible fixed assets22/27€2.01M€1.70M▼
Land and buildings22€712k€690k▼
Plant, machinery and equipment23€1.26M€988k▼
Furniture and vehicles24€37k€23k▼
Financial fixed assets28€33€33=
Affiliated companies280/1€33€33=
Participating interests280€33€33=
Current assets29/58€19.28M€21.15M▲
Stocks and contracts in progress3€3.71M€3.35M▼
Stocks30/36€3.71M€3.35M▼
Goods purchased for resale34€3.71M€3.35M▼
Amounts receivable within one year40/41€15.54M€17.79M▲
Trade receivables40€11.59M€12.06M▲
Other amounts receivable41€3.95M€5.73M▲
Deferred charges and accrued income490/1€36k€6k▼
Equity and liabilities
Total equity and liabilities10/49€21.30M€22.85M▲
Equity10/15€7.80M€7.88M▲
Contributions10/11€372k€372k=
Capital10€372k€372k=
Issued capital100€372k€372k=
Reserves13€7.17M€7.17M=
Non-distributable reserves130/1€37k€37k=
Legal reserve130€37k€37k=
Tax-exempt reserves132€61k€61k=
Distributable reserves133€7.07M€7.07M=
Profit (loss) carried forward14€260k€333k▲
Provisions and deferred taxes16€30k€30k=
Provisions for liabilities and charges160/5€30k€30k=
Other liabilities and charges164/5€30k€30k=
Amounts payable17/49€13.46M€14.94M▲
Amounts payable within one year42/48€13.46M€14.94M▲
Financial debts43€9.45M€9.14M▼
Other loans439€9.45M€9.14M▼
Trade debts44€217k€1.17M▲
Suppliers440/4€217k€1.17M▲
Taxes, remuneration and social security45€800k€1.13M▲
Taxes450/3€390k€746k▲
Remuneration and social security454/9€411k€388k▼
Other amounts payable47/48€3.00M€3.50M▲
Accrued charges and deferred income492/3-€140
Income statement
Code20232024
Operating income70/76A€27.86M€30.27M▲
Turnover70€27.65M€29.94M▲
Other operating income74€204k€204k▲
Non-recurring operating income76A-€130k
Operating charges60/66A€23.65M€25.21M▲
Goods for resale, raw materials and consumables60€18.62M€19.45M▲
Purchases600/8€18.01M€19.05M▲
Change in stocks: decrease (increase)609€611k€399k▼
Services and other goods61€1.28M€1.71M▲
Remuneration, social security and pensions62€3.26M€3.48M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€368k€390k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-96k€-37k▲
Other operating charges640/8€214k€217k▲
Operating profit (loss)9901€4.21M€5.06M▲
Financial income75/76B€506k€509k▲
Recurring financial income75€506k€509k▲
Other financial income752/9€506k€509k▲
Financial charges65/66B€523k€731k▲
Recurring financial charges65€523k€731k▲
Debt charges650€522k€730k▲
Other financial charges652/9€815€1k▲
Profit (loss) for the period before taxes9903€4.19M€4.84M▲
Income taxes67/77€1.03M€1.27M▲
Taxes670/3€1.05M€1.27M▲
Tax adjustments and reversals of tax provisions77€18k-
Profit (loss) for the period9904€3.16M€3.57M▲
Profit (loss) for the period to be appropriated9905€3.16M€3.57M▲
Appropriation of the result
Profit (loss) to be appropriated9906€3.26M€3.83M▲
Profit (loss) brought forward from the previous period14P€100k€260k▲
Profit to be distributed694/7€3.00M€3.50M▲
Return on contributions (dividend)694€3.00M€3.50M▲
Social balance
Average headcount (FTE)908758.258.4▲
The notes to these accounts (45 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
12-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment5 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment5 facts ▸
- General meeting, 17/06/2026
- Director appointment, BGCG BV (BESTUURDER)
- Director appointment, Schelfhout Management Consulting BV (BESTUURDER)
- Director appointment, SMC BV (BESTUURDER)
- Director appointment, BGCG BV (GEDELEGEERD BESTUURDER)
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €3.57M ▲13%
Operating result €5.06M, net result €3.57M, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26103733). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
BGCG BV
CurrentDirector · since 17-06-2026 · Legal entity
Schelfhout Management Consulting BV
CurrentDirector · since 17-06-2026 · Legal entity
SMC BV
CurrentDirector · since 17-06-2026 · Legal entity
17-06-2026
BGCG BV: Appointed as Director
17-06-2026
BGCG BV: Appointed as Managing director
17-06-2026
Schelfhout Management Consulting BV: Appointed as Director
17-06-2026
SMC BV: Appointed as Director
Location & real-estate footprint
Registered office, Duffel · 1 establishment unit since 1980
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oude Liersebaan 2642570 DuffelGround area
2.3 ha
Parcel 12302C0326/00B000, Flanders. Linked by address, not a title deed.
1 establishment unit
Oude Liersebaan 264, 2570 Duffel
since 19802.018.089.948
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12302C0326/00B000 | Flanders | 2.3 ha | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 405 EUR awarded · 405 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 405 EUR | 405 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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WCA-Alro
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COATINC NINOVE
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LOOTENS BELGIE
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Of 708 companies in sector 25510 we hold annual accounts for 407. 122 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded03-10-1980
Fiscal year end31-12
Activities, NACEBEL
25510Coating of metals
25610Manufacture of fabricated metal products, except machinery and equipment
25999Manufacture of fabricated metal products, except machinery and equipment
28510
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.