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Erbargu

Active
Private limited companyfounded 20242 yrs activeGullegemsestraat(Heu) 5, 8501 Kortrijk, BelgiumKBO/BCE: BE 1013.990.983
Summary

Erbargu has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,137 and a net result of €3,970. Its solvency ranks better than 50% of 2293 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency66
Growth-
Track record67
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 →
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 31-12-2025, 31 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
31 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

History

Erbargu was incorporated on 24 September 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€6,137
Total assets
€14,882
Net result
€3,970
Working capital
€6,137

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Equity and liabilities €14,882
Equity €6,137
Debt €8,745
Debt finances 58.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€7,427
Cash flow
€5,134
Current ratio
1.70
Debt to equity
1.42
ROE
64.7%
ROA
26.7%
Interest coverage
137.16
Debt ≤ 1 year
€8,745
Income taxes
€2,239
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€14,882
Current assets29/58€14,882
Amounts receivable within one year40/41€5,397
Trade receivables40€5,094
Other amounts receivable41€303
Cash at bank and in hand54/58€8,476
Deferred charges and accrued income490/1€1,009
Equity and liabilities
Total equity and liabilities10/49€14,882
Equity10/15€6,137
Contributions10/11€3,000
Reserves13€3,137
Distributable reserves133€3,137
Profit (loss) carried forward14€0
Amounts payable17/49€8,745
Amounts payable within one year42/48€8,745
Trade debts44€3,918
Suppliers440/4€3,918
Taxes, remuneration and social security45€3,994
Taxes450/3€3,994
Other amounts payable47/48€833
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,164
Other operating charges640/8€451
Gross operating margin9900€7,879
Operating profit (loss)9901€6,263
Financial charges65/66B€54
Recurring financial charges65€54
Profit (loss) for the period before taxes9903€6,209
Income taxes67/77€2,239
Profit (loss) for the period9904€3,970
Profit (loss) for the period to be appropriated9905€3,970
Appropriation of the result
Profit (loss) to be appropriated9906€3,970
Transfer to equity691/2€3,137
To other reserves6921€3,137
Profit to be distributed694/7€833
Return on contributions (dividend)694€833
Social balance
Average headcount (FTE)90870.0

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,164
Other operating charges640/8€451
Gross operating margin9900€7,879
Operating profit (loss)9901€6,263
Financial charges65/66B€54
Recurring financial charges65€54
Profit (loss) for the period before taxes9903€6,209
Income taxes67/77€2,239
Profit (loss) for the period9904€3,970
Profit (loss) for the period to be appropriated9905€3,970
Line2025
Assets
Total assets20/58€14,882
Current assets29/58€14,882
Amounts receivable within one year40/41€5,397
Trade receivables40€5,094
Other amounts receivable41€303
Cash at bank and in hand54/58€8,476
Deferred charges and accrued income490/1€1,009
Equity and liabilities
Total equity and liabilities10/49€14,882
Equity10/15€6,137
Contributions10/11€3,000
Reserves13€3,137
Distributable reserves133€3,137
Profit (loss) carried forward14€0
Amounts payable17/49€8,745
Amounts payable within one year42/48€8,745
Trade debts44€3,918
Suppliers440/4€3,918
Taxes, remuneration and social security45€3,994
Taxes450/3€3,994
Other amounts payable47/48€833
Line2025
Profit (loss) for the period9904€3,970
+ Depreciation and write-downs630€1,164
Operating cash flow (approximation)€5,134

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
31-12
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Kortrijk · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,816 m²
Building footprint
200 m²
Volume, LiDAR
1,547 m³
Parcel 34016C0003/00X000, Flanders · tallest building 15.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Erbargu
Gullegemsestraat(Heu) 5, 8501 KortrijkOther business support services
since 20242.364.901.867
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34016C0003/00X000 Flanders 1,816 m² 1 · 200 m² 15.0 m · 3 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.

Similar companies · same sector, comparable size

Of 24,517 companies in sector 82990 we hold annual accounts for 9,412. 3,532 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
Founded24-09-2024
Fiscal year end30-06
Activities, NACEBEL 2025
82990Other business support services

Scores and ratios are computed by Checked and are not a credit decision.