ERCO
ERCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €20k and a net result of €-10k. Its solvency ranks better than 31% of 1407 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €20k |
| Net result | €-10k |
| Better than sector | 31% |
| Active | 3 yrs |
Fragile profile, watch health in particular.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 20.0% | 37.4% | |
| Net result | €-10k | €46k | |
| Equity | €20k | €362k | |
| Gross operating margin | €-8k | €65k | |
| Total assets | €102k | €1.41M |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €-10k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €102k |
| Equity | €20k |
| Debt | €82k |
| of which ≤ 1y | €82k |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 20.0% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | -9.4% |
| ROE | -46.9% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €102k |
| Fixed assets | 21/28 | €77k |
| Financial fixed assets | 28 | €77k |
| Current assets | 29/58 | €26k |
| Amounts receivable within one year | 40/41 | €575 |
| Cash & bank | 54/58 | €25k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €102k |
| Equity | 10/15 | €20k |
| Contributions / capital | 10/11 | €30k |
| Accumulated profits (losses) | 14 | €-10k |
| Amounts payable | 17/49 | €82k |
| Amounts payable within one year | 42/48 | €82k |
| Trade debts payable within one year | 44 | €9k |
| Income statement | ||
| Gross operating margin | 9900 | €-8k |
| Operating result | 9901 | €-9k |
| Financial charges | 65 | €414 |
| Result before taxes | 9903 | €-10k |
| Net result for the period | 9904 | €-10k |
| Result to be appropriated | 9905 | €-10k |
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 21-06-2023 |
| Status | Active |
| Postal code | 2610 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051B0041/00S000 | Flanders | 1.4 ha | 1 · 2,696 m² | 21.4 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-08-2026 General meeting · Officer reappointment · Permanent representative
- Publication: 04/08/2026 · Erco
- Filing: 23/07/2026 · Erco
- General meeting: 19/05/2026 · Erco
- Officer reappointment: role: bestuurder, end_date: na de jaarlijkse gewone algemene vergadering die gehouden wordt in het jaar 2029 · JFB BV
- Permanent representative · Jean Frédéric BRION
- Officer reappointment: role: bestuurder, end_date: na de jaarlijkse gewone algemene vergadering die gehouden wordt in het jaar 2029 · GBUSY BV
- Permanent representative · Grégory BRION
- Officer reappointment: role: bestuurder, end_date: na de jaarlijkse gewone algemene vergadering die gehouden wordt in het jaar 2029 · ERSHIP SA
- Permanent representative · Jaime Gimeno ALVARGONZALEZ
- Officer reappointment: role: bestuurder, end_date: na de jaarlijkse gewone algemene vergadering die gehouden wordt in het jaar 2029 · ALVARGONZALEZ SA
- Permanent representative · Jorge Pascual ALVARGONZALEZ
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | ERCO |