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ERCA

Active Private limited companyfounded 1994active for 32 yearsNieuwenhovedreef 35 00 11, 8490 JabbekeKBO/BCE: BE 0453.048.002 #5 oldest company in Jabbeke, Accommodation and food service sector
ERCA
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Overview

Lifetime

20 annual accounts with figures on one time axis, 30 filings since 1996
peak €1.4m (2024)
€1.4m▼ 5.4%
lowest -€12,935 (2009)
€180,163▼ 50.1%
peak €145,402 (2023)
€131,629▲ 0.1%
€822,043▼ 22.3%
peak 24.2 FTE (2015)
21 FTE▼ 1.9%
Board1 name since 2021
1 directorBeDeS
Documentsfilings and deeds
30-06-202631 days before the deadline
2025abbreviated format
Result from €361,065 to €180,163Debts from €1.1m to €822,043

Key points

from the 2025 annual accounts

Equity

€131,629 ▲ 0.1%

ERCA has made a profit without a break since 2010.

Result

€180,163 ▼ 50.1%
€361,0002024€180,0002025

The result fell in 2025 from €361,065 to €180,163.

Debts

€822,043 86% of the balance sheet
Suppliers 48%Taxes and wages 20%Other 32%

Staff

22 employees on 31-12-2025
275273202152852720221,0441,05020231,5691,57020241,4411,4402025

In 2025, 1,441 short contracts started and 1,440 ended, on average 27 hours worked per contract. Staff averaged 21 full-time equivalents.

Filings

30 annual accounts since 1996
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 3 to 34 days before the end of the period.

Position in the sector

€180,163

Higher net result than 91% of companies in food and beverage service. Sector median €10,299 · 4,836 companies.

Checked score

85
Excellent
Financially stronger than 54% of small companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.9% across 1,614 companies (NACE 56, small).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.3%▼ -0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026lowest value 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.4%▼ -0.2 percentage points vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026

Financial strength
Strong

39+3equity 13.8% of total assets
52+1short-term debt 86.2% · cash 80.5%
92-8return on assets 18.9%

Score breakdown

raises risk
Sector: Food and beverage service activities (NACE 56)
Equity €131,629 (13.8% of total assets)
lowers risk
Liquidity: current ratio 1.13, cash €767,836
Founded in 1994
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, small). It does better than 31% of them on solvency, 57% on liquidity, 87% on profitability and 40% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,613 companies had the same profile as ERCA has now. Each dot stands for 7 companies, two years later.

97.3%
were still trading
2.0%
stopped another way
0.7%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of ERCA itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,613 companies, not a prediction for ERCA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €11,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.13 (1.11 in 2024), below the usual 1.5. Short-term debt is 86.2% and cash 80.5% of total assets. 86.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.13, cash €767,836
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Equity €131,629 (13.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
3 days early
2023
15 days early
2022
34 days early
2021
11 days early
2020
15 days early
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

B
BeDeS
Director, DESPEGHEL Philip
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0453048002
Registered office moved from Sint-Andries to Varsenare New registered office: Nieuwenhovedreef 35 00 11, 8490 Varsenare · Previous registered office: Koning Albert I Laan 38/01.01, 8200 Sint-Andries · General meeting of 27-06-2022 · Gazette deed
Change of role: BEDES, from manager to director Permanent representative: DESPEGHEL Philip · “De uitbating van horecazaken in de ruimste zin van het woord zoals…” (deed in Dutch) · Registered office clause: Koning Albert I laan 38/01.01, 8200 Brugge · Gazette deed
Registered office moved from Sint-Andries to Bruges New registered office: Koning Albert I Laan 38.01.01, 8200 Brugge · Previous registered office: Jacob De Meyerestraat 5, 8200 Sint-Andries · Permanent representative: Philip Despeghel · General meeting of 06-06-2019 · Gazette deed
All 40 events

Comparable companies

same main activity, similar in size and age
Company
ERCA Jabbeke €1.0m €1.4m 13.8% 21
E.D.K. Ostend €0.9m €1.4m 15.2% 19
BOMAQ Kortrijk €0.9m €1.1m 20.5% 18.9
Funny Beach Waregem €0.8m €1.4m 24.3% 23.4
SIPRA Herentals €0.9m €1.2m 44.8% 21.2
LOKERENSIS Lokeren €1.1m €1.2m 17.2% 20.9
VPM SERVICES Antwerp €0.9m €1.1m 43.7% 21.7

These companies have the same main activity as ERCA: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €817,000 and €1.1m, founded between 1993 and 1997.

Official details

Source: KBO
Status
Active since 29-06-1994Normal situation
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Joint committee
302Hotels and catering · annual accounts 2025
Establishment unit
2.069.284.5688200 Bruges, since 09-12-1994
Financial year end
31 December
Peppol
Reachable since 24-03-2026
Company details

Annual accounts 2025

€1.4m▼ 5.4%
≈ €2.3mestimated
€180,163▼ 50.1%
€131,629▲ 0.1%
€953,672▼ 19.8%
Employeeson 31-12-2025
22▲ 4.8%
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Insights on ERCA

ERCA files the abbreviated format. That format states no turnover. The gross margin rose from €438,824 in 2006 to €1.4m in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 30-06-2026, 31 days before the deadline
€1.4m
▼ 5.4%
€207,867
▼ 44.9%
€180,163
▼ 50.1%
€107,245
▼ 6.1%
13.8%
▲ 2.7 percentage points
1.13
▲ 0.02

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €2.3m. Estimated: probably between €1.6m and €3.8m.

In the rankings #5 oldest company in Jabbeke, Accommodation and food service sector#10 company by total assets in Jabbeke, Accommodation and food service sector

Balance sheet

balance sheet total €953,672 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

13.8%

Higher than 34% of 4,843 companies in 2025.

1.13

Higher than 52% of 4,741 companies in 2025.

18.9%

Higher than 83% of 4,765 companies in 2025.

ERCA Middle half of the sector 80% of the sector Abbreviated accounts in food and beverage service (NACE 56)

Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: top quarter · Staff: top quarter

Staff

€51,512

Staff costs divided by the average number of full-time equivalents.

27 hours per contract

contracts started contracts ended

In 2025, 1,441 short contracts started and 1,440 ended, on average 27 hours worked per contract. Staff averaged 21 full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 953,6721.2m996,279784,536935,971690,386686,420553,887730,934611,906537,780643,360621,344457,363344,226258,793222,863411,135263,108278,359
20 --4002,0003,6005,2006,8008,40010,000-----------
21/28 24,38518,51119,47915,4669,5688,55812,14816,63910,1218,83310,88912,94515,0027,0167,92311,56515,7214,5826,2235,229
21 -------------3,2306,4609,69012,920---
22/27 23,00817,13418,10314,0908,1927,18110,77215,2638,7457,4829,53811,59413,6502,4351125231,4493,2314,8713,878
23 1,265------9002,725----561125231,2262,9524,5372,423
24 21,74417,13418,10314,0906,9884,7737,1609,547-2581,1101,9622,8142,379-----1,065
26 ----1,2042,4083,6124,8166,0207,2248,4289,63210,836---223279335390
28 1,3761,3761,3761,3761,3761,3761,3761,3761,3761,3511,3511,3511,3511,3511,3511,3511,3511,3511,3511,351
29/58 929,2871.2m976,399767,070922,803676,629667,472528,848710,812603,073526,891630,415606,342450,347336,303247,228207,142406,553256,886273,130
3 27,65129,44923,98420,15618,16616,33617,58012,95214,35012,65010,86711,82213,53113,21111,29511,6267,94313,01413,5009,017
30/36 27,65129,44923,98420,15618,16616,33617,58012,95214,35012,65010,86711,82213,53113,21111,29511,6267,94313,01413,5009,017
40/41 121,510464,345463,198398,444472,502356,591311,222387,307490,279441,869338,091446,785379,872119,85735,5943,3144,7407,57232,5218,956
40 72,872112,74156,110107,89244,19938,04030,39720,79016,4336,87110,47529,90011,37615,9752,6629083,7155,16331,2966,752
41 48,638351,604407,088290,551428,303318,551280,825366,517473,845434,998327,615416,885368,496103,88232,9322,4061,0242,4091,2252,204
50/53 -----------171,546-44,60540,43242,68924,165250,000--
54/58 767,836665,199482,348340,787425,367297,003336,306128,590206,184148,554177,933-212,939270,674248,982189,599169,786123,703198,667239,086
490/1 12,29111,4446,8697,6846,7696,6992,364----262-2,000--50812,26412,19916,071
Balance sheet: equity and liabilities
10/49 953,6721.2m996,279784,536935,971690,386686,420553,887730,934611,906537,780643,360621,344457,363344,226258,793222,863411,135263,108278,359
10/15 131,629131,467145,402138,971128,85367,73367,63966,73963,08861,13061,10760,99751,04549,46145,73041,51021,48234,41741,77846,782
10/11 31,00031,00031,00031,00031,00031,00031,00031,00031,00031,00031,00031,00031,00031,00031,00031,00031,00031,00031,00031,000
10 ---31,00031,000---------------
100 ---31,00031,00031,00031,00031,00031,00031,00031,00031,00031,00031,00031,00031,00031,00031,00031,00031,000
13 100,629100,467114,402107,97197,85336,73336,63935,73932,08830,13030,10729,99720,04518,46114,73010,51010,50010,50010,77815,782
130/1 3,1003,1003,1003,1003,1003,100--------------
130 ---3,1003,1003,1003,1003,1003,1003,1003,1003,1003,1003,1003,1003,1003,1003,1003,1003,100
1311 3,1003,1003,100-----------------
132 7,4007,4007,4007,4007,4007,4007,4007,4007,4007,4007,4007,4007,4007,4007,4007,4007,4007,4007,4007,400
133 90,12989,967103,90297,47187,35326,23326,13925,23921,58819,63019,60719,4979,5457,9614,23010--2785,282
14 -----------------20,018-7,083--
17/49 822,0431.1m850,877645,565807,118622,653618,781487,148667,846550,776476,672582,363570,298407,902298,496217,283201,381376,719221,330231,577
17 --1,4504,895----10,027-----------
170/4 --1,4504,895----10,027-----------
42/48 822,0431.1m848,561640,670807,118622,653618,781487,148656,628550,776474,334582,363570,263407,902297,679217,283201,381376,552221,283227,644
42 -1,4503,7263,398----------------
43 ---281-100,000150,00010,02710,47750,000100,000100,000--------
430/8 ---281-100,000150,00010,02710,47750,000100,000100,000--------
44 391,638433,577328,226327,846250,790183,507212,493193,745351,969290,227202,755337,353301,417234,394134,84097,850115,010126,28287,50597,807
440/4 391,638433,577328,226327,846250,790183,507212,493193,745351,969290,227202,755337,353301,417234,394134,84097,850115,010126,28287,50597,807
46 --529529---------------13,782
45 165,137162,187147,808138,616111,020102,287106,39957,294103,09973,96666,49772,87558,84663,50977,83971,43386,37190,270114,227102,054
450/3 2,8237,9226,94711,2384,6914,6913,2142,8438,394--2,1331,5682,9951,6119017,8887,55726,33314,627
454/9 162,315154,265140,860127,379106,32897,595103,18454,45194,70573,96666,49770,74257,27860,51476,22870,53278,48482,71387,89487,427
47/48 265,267458,994368,273170,000445,309236,859149,890226,082191,082136,582105,08272,135210,000110,00085,00048,000-160,00019,55014,000
492/3 -1,273865-----1,191-2,339-35-816--167483,933
Income statement
76A --------939--193--------
9900 1.4m1.4m1.2m914,5771.2m780,438765,471801,811735,397706,913643,573632,644639,883579,335551,238521,996435,810416,280433,067438,824
62 1.1m1.0m891,963717,741621,028547,344645,500597,132579,714563,651522,195547,512518,500458,360451,842444,144433,168413,247392,768409,448
630 9,1134,7946,0917,3545,5825,1916,0917,0161,4622,0562,0562,0565,3423,8813,6424,1566,0803,1834,7783,708
631/4 ------1,731----1,836---------
640/8 52,19610,1297,9862,4523,6863,8362,1142,7112,2132,9552,0222,7803,8923,1963,7314,1044,4583,1983,6503,393
66A -----40200-------1,471-----
9901 207,867377,556343,794187,030532,373225,758111,566194,953152,009138,251115,46380,296112,149113,89892,02369,592-7,896-3,34831,87022,275
75/76B 4,6686,9446,7562,1051,2864837,0988,70611,8338,77312,1527,2968,5709,5654,3922,9471,7424,2054,4932,900
75 4,6686,9446,7562,1051,2864837,0988,70611,8338,77312,1527,2968,5709,5654,3922,9471,7424,2054,4932,900
65/66B 17,18018,23613,9839,21518,7288,1138,7547,8957,4085,4755,8077,81011,3465,2805,1744,0704,4753,1832,5272,130
65 17,18018,23613,9839,21518,7288,1138,7547,8957,4085,4755,8077,81011,3465,2805,1744,0704,4753,1832,5272,130
9903 195,354366,264336,567179,920514,931218,128109,909195,764156,434141,549121,80879,975109,374118,18389,77068,469-10,629-2,32633,83523,045
67/77 15,1925,2005,8032,0008,8118,03497,1134,4765,02716,698237,7894,4525504412,3065,03515,83915,887
9904 180,163361,065330,764177,920506,120210,094109,900188,651151,958136,523105,11079,952101,584113,73189,22068,028-12,935-7,36117,9967,158
9905 180,163361,065330,764177,920506,120210,094109,900188,651151,958136,523105,11079,952101,584113,73189,22068,028-12,935-7,36117,9967,158
Appropriation of the result
9906 180,163361,065330,764177,920506,120210,094109,900188,651151,958136,523105,11079,952101,584113,73189,22048,010-20,018-7,36117,99621,752
791/2 -13,935---------------2785,004-
691/2 163-5,7647,92061,120949003,6511,958231109,9521,5843,7314,22010---5,282
6921 163-5,7647,92061,120949003,6511,958231109,9521,5843,7314,22010---5,282
694/7 180,000375,000325,000170,000445,000210,000109,000185,000150,000136,500105,00070,000100,000110,00085,00048,000--23,00016,471
694 ------------------23,00016,471
695 180,000375,000325,000170,000435,000210,000109,000185,000150,000136,500105,00070,000100,000110,00085,00048,000----
696 ----10,000---------------
Social balance sheet
9087 2121.421.72017.618.119.319.620.219.224.216.616.11713.814.914.81514.214
Hours worked1013 38,84339,48336,44831,68027,97024,77129,15229,32528,02926,67925,59524,95423,79622,93922,81922,16521,83722,33422,19023,276
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The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 30-06-2026 2026-00225992 PDF
31-12-2024 abbreviated format 28-07-2025 2025-00319500 PDF
31-12-2023 abbreviated format 16-07-2024 2024-00250611 PDF
31-12-2022 abbreviated format 27-06-2023 2023-00163376 PDF
31-12-2021 abbreviated format 20-07-2022 2022-20206805 PDF
31-12-2020 abbreviated format 16-07-2021 2021-36400105 PDF
31-12-2019 abbreviated format 27-07-2020 2020-34400066 PDF
31-12-2018 abbreviated format 04-07-2019 2019-29100152 PDF
31-12-2017 abbreviated format 03-07-2018 2018-28100105 PDF
31-12-2016 abbreviated format 06-07-2017 2017-28300267 PDF
31-12-2015 abbreviated format 19-07-2016 2016-33500236 PDF
31-12-2014 abbreviated format 09-07-2015 2015-29100122 PDF
31-12-2013 abbreviated format 11-07-2014 2014-29900036 PDF
31-12-2012 abbreviated format 05-07-2013 2013-27600044 PDF
31-12-2011 abbreviated format 16-07-2012 2012-30200058 PDF
31-12-2010 abbreviated format 26-07-2011 2011-33500380 PDF
31-12-2009 abbreviated format 01-07-2010 2010-25700399 PDF
31-12-2008 abbreviated format 16-07-2009 2009-41800276 PDF
31-12-2007 abbreviated format 28-06-2008 2008-30200387 PDF
31-12-2006 abbreviated format 21-06-2007 2007-24900230 PDF
31-12-2005 abbreviated format 28-06-2006 2006-32805331 PDF
31-12-2004 abbreviated format 08-06-2005 2005-22504604 PDF
31-12-2003 abbreviated format 10-06-2004 2004-22801226 PDF
31-12-2002 abbreviated format 11-06-2003 2003-22100237 PDF
31-12-2001 abbreviated format 30-07-2002 2002-44004615 PDF
31-12-2000 abbreviated format 27-06-2001 2001-27601637 PDF
31-12-1999 abbreviated format 08-06-2000 2000-19302312 PDF
31-12-1998 abbreviated format 14-09-1999 1999-46005295 PDF
31-03-1997 abbreviated format 07-10-1997 1997-48004028 PDF
31-03-1996 abbreviated format 14-10-1996 1996-48003500 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
216,980382,350349,885194,384537,955230,949117,656201,969153,470140,307117,51982,352117,491117,77995,66573,748-1,816-16536,64825,983
189,276365,859336,855185,275511,702215,285115,990195,667153,419138,579107,16782,008106,926117,61192,86272,184-6,855-4,17922,77510,866
14,9873,4267,83811,6534,9921,6001,60011,9332,750009,46913,3282,9740017,2181,5425,7724,196
102,637182,851141,562-84,580128,364-39,303207,716-77,59457,630-29,379---57,73421,69259,38319,81346,083-74,964-40,419-
107,245114,229127,838126,400115,68553,97648,69041,70054,18452,29752,55748,05236,07942,44538,62429,9455,76130,00135,60345,486
13.8%11.1%14.6%17.7%13.8%9.8%9.9%12.0%8.6%10.0%11.4%9.5%8.2%10.8%13.3%16.0%9.6%8.4%15.9%16.8%
1.131.111.151.201.141.091.081.091.081.091.111.081.061.101.131.141.031.081.161.20
1.101.081.121.171.121.061.051.061.061.071.091.061.041.071.091.080.991.051.101.16
6.258.045.854.656.269.199.157.3010.599.017.809.5511.178.256.535.239.3710.955.304.95
136.9%274.6%227.5%128.0%392.8%310.2%162.5%282.7%240.9%223.3%172.0%131.1%199.0%229.9%195.1%163.9%-60.2%-21.4%43.1%15.3%
18.9%30.4%33.2%22.7%54.1%30.4%16.0%34.1%20.8%22.3%19.5%12.4%16.3%24.9%25.9%26.3%-5.8%-1.8%6.8%2.6%
12.6320.9725.0221.1028.72---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date2221222827
full-time13151397
part-time9691920
in full-time equivalents17.818.217.318.317.1
2121.421.72017.6
On a permanent contract1515141116
Joined1,4411,5691,044528275
Left1,4401,5701,050527273

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€14,987€3,426€7,838€11,653€4,992
€9,113€4,794€6,091€7,354€5,582

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on ERCA

The operating result for 2025 is 45% lower than in 2024 and the lowest since 2022.

Debt's share of the balance-sheet total falls from 88.9% to 86.2%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2021
BeDeS BV
Director (not named in the articles), permanent representative DESPEGHEL Philip
appointed by deed of 14-07-2021 term without a fixed end
earlier manager, until 14-07-2021
listed in the 2025 annual accounts, filed on 30-06-2026
Permanent representatives 1
DESPEGHEL Philip
Permanent representative, for BeDeS
appointed by deed of 14-07-2021

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
BeDeS
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • BeDeS
    • Director (not named in the articles), appointed by deed of 14-07-2021, still in office
    • Manager, until 14-07-2021

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€31,000
Source
deed of 14-07-2021

Articles of association

deed of 14-07-2021 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
20 June at 16:00

Network & group

No group

ERCA has no parent and no holdings in its annual accounts. BeDeS is the only director.

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
VANBEK
via BeDeS · Director (not named in the articles) · deed of 14-07-2021
Founded in 1997 · 19 FTE (2025) · negative equity
→

Timeline

Timeline

40 events since 1994

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 31 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0453048002
2025
Annual accounts 2024 filed PDFabbreviated format · 3 days before the deadline
2024
Annual accounts 2023 filed PDFabbreviated format · 15 days before the deadline
2023
Annual accounts 2022 filed PDFabbreviated format · 34 days before the deadline
2022
Registered office moved from Sint-Andries to VarsenareNew registered office: Nieuwenhovedreef 35 00 11, 8490 Varsenare · Previous registered office: Koning Albert I Laan 38/01.01, 8200 Sint-Andries · General meeting of 27-06-20223 points ▸
  • General meeting, 27-06-2022
  • Board meeting, 27-06-2022
  • Registered-office move, Nieuwenhovedreef 35 00 11, 8490 Varsenare
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFabbreviated format · 11 days before the deadline
2021
Highest result from 2006 to 2025 net €506,120 ▲141% The operating result of €532,373 and the net result of €506,120 are both a record.
Equity above €100,000 equity €128,853 ▲90.2% After 12 profitable years in a row, equity reaches €128,853.
Annual accounts 2020 filed PDFabbreviated format · 15 days before the deadline
Change of role: BEDES, from manager to directorPermanent representative: DESPEGHEL Philip · “De uitbating van horecazaken in de ruimste zin van het woord zoals…” (deed in Dutch) · Registered office clause: Koning Albert I laan 38/01.01, 8200 Brugge5 points ▸
  • Purpose change, “De uitbating van horecazaken in de ruimste zin van het woord zoals o.a.restaurants,bistro,tea-room,sandwich-bar,brasserie,café-hotel,ontbijtzaak en verder alles…” (deed in Dutch)
  • Director resignation, BEDES (manager)
  • Director appointment, BEDES (director (not named in the articles))
  • Permanent representative, DESPEGHEL Philip, mentioned twice in the deed
  • Registered office clause, Koning Albert I laan 38/01.01, 8200 Brugge
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

2020
Annual accounts 2019 filed PDFabbreviated format · 4 days before the deadline
2019
Annual accounts 2018 filed PDFabbreviated format · 27 days before the deadline
Registered office moved from Sint-Andries to BrugesNew registered office: Koning Albert I Laan 38.01.01, 8200 Brugge · Previous registered office: Jacob De Meyerestraat 5, 8200 Sint-Andries · Permanent representative: Philip Despeghel · General meeting of 06-06-20193 points ▸
  • General meeting, 06-06-2019
  • Registered-office move, Koning Albert I Laan 38.01.01, 8200 Brugge
  • Permanent representative, Philip Despeghel

Open the deed in the Belgian Official Gazette

2018
Annual accounts 2017 filed PDFabbreviated format · 28 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 25 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 12 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 22 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 20 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 26 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 15 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 5 days before the deadline
2010
Back to profit net €68,028 The net result is €68,028, after 2 loss-making years.
Annual accounts 2009 filed PDFabbreviated format · 30 days before the deadline
2009
Weakest financial year net -€12,935 The net result drops to -€12,935, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2008 filed PDFabbreviated format · 15 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 33 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 40 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1997
Annual accounts 1997 filed PDFabbreviated format
1996
Annual accounts 1996 filed PDFabbreviated format
1994
First establishment QUICK, Torhoutse Steenweg 260, Bruges
Incorporation published on 26-07-1994

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 29 June 1994, ERCA was incorporated.1 The registered office moved to Bruges in 2019 and to Varsenare in 2022.23 Total assets went from €553,887 in 2018 to €953,672 in 2025 and headcount from 19.6 to 21 full-time equivalents.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 24-06-2019
  3. 3Belgian Official Gazette, 22-07-2022
  4. 4National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0453.048.002
VAT number
BE 0453.048.002
Peppol ID
0208:0453048002
Other Peppol ID
9925:BE0453048002
Legal form
Private limited company
Status
Active, normal situation
Founded
29-06-1994
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
20 June at 16:00
deed of 14-07-2021 (in Dutch)
Peppol
Reachable since 24-03-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
ERCA in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 14-07-2021 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 14-07-2021 (in Dutch)

Activities

NACEBEL 2025
VAT activities
56112 Limited-service restaurants, excluding mobile food services main activity
Social security (RSZ) activities
56112 Limited-service restaurants, excluding mobile food services main activity
Joint committees annual accounts 2025
JC 302 Hotels and catering
Codes under NACEBEL 2008
VAT activities
56102 Limited-service restaurants main activity
Social security (RSZ) activities
56102 Limited-service restaurants main activity
Codes under NACEBEL 2003
VAT activities
55302 main activity
Social security (RSZ) activities
55302 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“De uitbating van horecazaken in de ruimste zin van het woord zoals…”
22 activities
  1. De uitbating van horecazaken in de ruimste zin van het woord zoals o.a.restaurants,bistro,tea-room,sandwich-bar,brasserie,café-hotel,ontbijtzaak en verder alles wat betrekking heeft op de kookkunst,de aan- en verkoop van eetwaren,bereid of niet,het uitbaten van instellingen die gerechten verschaffen,zoals mess,kantine,snack,frituur,koffie- of thuishuis,self-service verbruiksalon,het bestellen van maaltijden aan huis,traiteurdienst,het verzorgen van banketten,het verhuren van feestzalen
  2. Het uitvoeren van alle activiteiten van een horeca uitbating in de ruimste zin van het woord,zoals ten titel van voorbeeld en dus niet beperkend,het uitbaten,beheer en de inrichting van drank en/of eetgelegenheden,cafés,snackbars,frituren,tearooms,koffiehuizen,croissanteries,verbruiksalons en elke ander activiteit die enigszins aanverwant is aan de voorgaande opsomming
  3. Het uitbaten van hotels of andere logiesverstrekkende eenheden alsmede alle activiteiten uit de diensten- en recreatieve sector of welke rechtstreeks te maken hebben met activiteiten op gebied van kunst en cultuur of sport en ontspanning,zoals het organiseren en verzorgen van bijeenkomsten,feesten en feestmalen,allerlei evenementen en feestelijkheden in de artistieke,culturele en sportwereld,het inrichten en organiseren van alle voordrachtavonden,concerten,kleinkunstavonden,en vermakelijkheden van alle soort
  4. De begeleiding,planning,het advies,de organisatie,realisatie,conceptie,presentatie,en animatie van en voor:speciale publieke evenementen,beurzen,salons en tentoonstellingen,opendeurdagen,bedrijfsrecepties en-feesten,congressen,lezingen,seminaries,modeshows,film- en schouwburgvertoningen,animatie-projecten,artistieke producties,en andere soortgelijke activiteiten
  5. Het bereiden en opdienen van allerlei spijzen en dranken,zowel warme als koude gerechten(o.a.ontbijt en lunch),gebak,confiserie en ijsroom
  6. Het bewerken en verwerken van allerlei eetwaren en dranken,gerechten(zoals o.a.ontbijt en lunch),gebak,confiserie en ijsroom
  7. De exploitatie van traiteurdiensten,organisatie van feesten en maaltijden,het verrichten van bestellingen aan huis van maaltijden,het verlenen van diensten in de horecasector voor tussenpersonen,de aan- en verkoop van en de bereiding van alle voedingswaren in de meest brede zin van het woord en aanverwante artikelen
  8. De snelrestauratie
  9. De vennootschap kan investeren in activa met het oog op het bezoldigen in natura van de bestuurder(s)en/of personeelsleden
  10. Uitsluitend in eigen naam en voor eigen rekening:het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen,al dan niet onder het stelsel van de BTW,met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan- en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur- en verhuur,de ruil,de verkaveling,leasing en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten
  11. Uitsluitend in eigen naam en voor eigen rekening:het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan- en verkoop,de huur- en verhuur,de ruil;in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen
  12. Uitsluitend in eigen naam en voor eigen rekening:Het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden van welke vorm ook,van Belgische of buitenlandse bestaande of nog op te richten vennootschappen
  13. Uitsluitend in eigen naam en voor eigen rekening:het aangaan,toestaan en verstrekken van leningen,kredietopeningen,kredieten,financieringen en het aangaan van leasingcontracten,in het kader van de bovenvermelde doelstellingen aan vennootschappen of particulieren onder om het even welke vorm.In dit kader kan zij ook borg stellen of aval verlenen,in de meest ruime zin,alle handels-financiële operaties verrichten,behalve die welke wettelijk voorbehouden zijn aan de depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen
  14. De vennootschap kan samenwerken met,deelnemen in,of op gelijk welke wijze,rechtstreeks of onrechtstreeks,belangen nemen in andere ondernemingen
  15. De vennootschap kan een bestemming geven aan haar gereserveerde winsten van welke aard ook
  16. Alle inkomsten voortvloeiend uit de activiteiten worden geïnd voor en door de vennootschap,zoals alle uit de activiteiten voortvloeiende uitgaven door de vennootschap worden vereffend
  17. De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak
  18. Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp,rechtstreeks of onrechtstreeks,geheel of ten dele vergemakkelijken
  19. Zij kan belangen nemen door associatie,inbreng,fusie,financiële tussenkomst of op gelijk welke andere wijze,in alle vennootschappen,verenigingen of ondernemingen met een identiek,gelijklopend of samenhangend voorwerp met het hare,of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen
  20. Zij kan de functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen
  21. De vennootschap mag zich borg stellen of zakelijke zekerheden verlenen ten voordele van vennootschappen of particulieren,in de meest ruime zin
  22. In het geval de verrichting van bepaalde handelingen zou onderworpen zijn aan voorafgaande voorwaarden inzake toegang tot het beroep,zal de vennootschap haar optreden,wat betreft de verrichting van deze handelingen,aan de vervulling van deze voorwaarden ondergeschikt maken
deed of 14-07-2021 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit numberFASFC approval
Nieuwenhovedreef 35 00 11 registered office 8490 Jabbeke
QUICK Torhoutse Steenweg 260, 8200 Bruges 09-12-1994 2.069.284.568 Restaurant
2 former offices
  • 8200 Sint-Andries until 27-06-2022 · deed of 22-07-2022
  • 8200 Sint-Andries until 01-07-2019 · deed of 24-06-2019

Buildings and parcels at the addresses

Ground area
4,181 m²
Buildings
580 m²
Volume, LiDAR
2,024 m³
Tallest building
17.7 m
Buildings to scale, each on its own parcel
343 m², 17.7 m 238 m², 9.7 m 343 m², 17.7 m 238 m², 9.7 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
31035C0387/00B0063,795 m² 1 · 343 m² 17.7 m
31027D0535/00V003386 m² 1 · 238 m² 9.7 m · 2

Recognitions

Food safety, FASFC

1 site
Brugesunit number 2.069.284.568
1 permission
Authorisation · Restaurant · since 01-01-2006

Source: FAVV-AFSCA, open data, updated on 02-11-2026

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