ERBOMAS
ActiveSummary
ERBOMAS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.21M and a net result of €-30k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 73% of 563 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability64▼-5
Solvency94▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days only on tighter terms
Liquidity ample (current ratio 2.26 against 43.09 in 2023; short-term debt: 11.1% and cash: 10.9% of total assets), and 30.9% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 74
lower
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
69.1%
Return on assets
-0.9%
Age of the figures
24 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 147 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 16-04-2025, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
14 d early
2023
4 d early
2022
23 d early
2021
19 d early
2020
24 d early
2019
21 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€2.21M▼ 9.9%
2023 · €2.45M
2018: €1.26M
2019: €1.47M
2020: €1.78M
2021: €2.09M
2022: €2.44M
2023: €2.45M
2018 → 2024
Total assets
€3.20M▲ 26.2%
2023 · €2.53M
2018: €1.59M
2019: €1.76M
2020: €1.99M
2021: €2.23M
2022: €2.56M
2023: €2.53M
2018 → 2024
Net result
€-30k
2023 · €6k
2018: €269k
2019: €208k
2020: €309k
2021: €395k
2022: €360k
2023: €6k
2018 → 2024
Working capital
€445k▼ 50.2%
2023 · €894k
2018: €341k
2019: €404k
2020: €665k
2021: €818k
2022: €1.21M
2023: €894k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.78M-€2.09M▲ 17.2%€2.44M▲ 17.2%€2.45M▲ 0.2%€2.21M▼ 9.9%
Operating result€251k-€36k▼ 85.5%€42k▲ 16.4%€-13k€-18k▼ 44.4%
Net result€309k-€395k▲ 27.8%€360k▼ 9.0%€6k▼ 98.3%€-30k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2024 against €13k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.20M
Fixed assets
€2.40M ▲ 48.3%
Current assets
€799k ▼ 12.7%
Equity and liabilities €3.20M
Equity
€2.21M ▼ 9.9%
Provisions
€60k =
Debt
€929k ▲ 4,101%
Debt's share of the balance-sheet total rises from 0.9% to 29.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€140k▲
2023 · €95k
Cash flow
€128k▲
2023 · €113k
Current ratio
2.26▼
2023 · 43.09
Debt to equity
0.42▲
2023 · 0.01
ROE
-1.4%▼
2023 · 0.3%
ROA
-0.9%▼
2023 · 0.2%
Interest coverage
5.57▼
2023 · 1237.51
Debt ≤ 1 year
€354k▲
2023 · €21k
Debt > 1 year
€574k
Income taxes
€781▼
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.53M€3.20M▲
Fixed assets21/28€1.62M€2.40M▲
Tangible fixed assets22/27€937k€1.72M▲
Land and buildings22€935k€1.72M▲
Furniture and vehicles24€2k€654▼
Financial fixed assets28€680k€680k=
Current assets29/58€915k€799k▼
Amounts receivable within one year40/41€570k€111k▼
Trade receivables40€113k€30k▼
Other amounts receivable41€456k€82k▼
Current investments50/53€293k€335k▲
Cash at bank and in hand54/58€51k€349k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€2.53M€3.20M▲
Equity10/15€2.45M€2.21M▼
Contributions10/11€20k€20k=
Reserves13€2.43M€2.19M▼
Tax-exempt reserves132€640€640=
Distributable reserves133€2.43M€2.19M▼
Provisions and deferred taxes16€60k€60k=
Provisions for liabilities and charges160/5€60k€60k=
Pensions and similar obligations160€60k€60k=
Amounts payable17/49€22k€929k▲
Amounts payable after more than one year17-€574k
Financial debts170/4-€574k
Amounts payable within one year42/48€21k€354k▲
Current portion of amounts payable after more than one year42-€59k
Trade debts44€876€4k▲
Suppliers440/4€876€4k▲
Taxes, remuneration and social security45€11k€31k▲
Taxes450/3€11k€31k▲
Other amounts payable47/48€9k€260k▲
Accrued charges and deferred income492/3€868€875▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107k€158k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€98k€144k▲
Operating profit (loss)9901€-13k€-18k▼
Financial income75/76B€20k€14k▼
Recurring financial income75€20k€14k▼
Financial charges65/66B€77€25k▲
Recurring financial charges65€77€25k▲
Profit (loss) for the period before taxes9903€8k€-29k▼
Income taxes67/77€2k€781▼
Profit (loss) for the period9904€6k€-30k▼
Profit (loss) for the period to be appropriated9905€6k€-30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€-30k▼
Transfer from equity791/2-€243k
Transfer to equity691/2€5k-
To other reserves6921€5k-
Profit to be distributed694/7€1k€213k▲
Return on contributions (dividend)694-€212k
Directors or managers695€1k€1k▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €-30k ▼585%
Net result drops to €-30k, the lowest in the series.
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Liquidity doublescurrent ratio 21.99
Current ratio from 10.86 to 21.99; short-term debt falls from €83k to €57k.
11-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €395k ▲27.8%
Net result €395k, the highest in the series.
30-09
Financial
Equity above €2MEq €2.09M ▲17.2%
4 profitable years in a row build equity to €2.09M.
06-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Liquidity doublescurrent ratio 5.61
Current ratio from 2.77 to 5.61; short-term debt falls from €229k to €144k.
09-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
10-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Maaseik · 1 establishment unit since 2007
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.
Waterlozeweg 343680 MaaseikGround area
1,973 m²
Building footprint
225 m²
Volume, LiDAR
1,210 m³
Parcel 72024D0769/00B000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ERBOMAS
since 20072.167.819.049
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72024D0769/00B000 | Flanders | 1,973 m² | 1 · 224 m² | 8.1 m · 2 fl. |
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 · 705 EUR awarded · 705 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 705 EUR | 705 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,529 companies in sector 74301 we hold annual accounts for 719. 129 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2007
Fiscal year end30-09
Activities, NACEBEL 2025
74301Translation services
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.