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ERCUL

Active
Private limited companyfounded 20205 yrs activeBergensesteenweg 421, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0755.925.750
Summary

The computed 12-month bankruptcy probability of ERCUL is 6.3% (elevated). For ERCUL, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €37,865 and a net result of €10,333. Its solvency ranks better than 73% of 708 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2021
Profitability89▲+22
Solvency83▲+39
Growth78
Track record94
Bankruptcy probability, 12 months
6.3% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Postal and courier activities (NACE 53)
about 277% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
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 2023
Solvency, return and age of the figures
Solvency
58.3%
Return on assets
15.9%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 19-06-2025, 323 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
323 d late
2021
47 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 185 days after the deadline; the sector median for financial year 2024 is 12 days after the deadline, and 56% of the sector filed late.

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

ERCUL was incorporated on 9 October 2020 as a Private limited company.1 The registered office was moved to Sint-Pieters-Leeuw in 2026.2 Total assets rose from EUR 49,464 in 2021 to EUR 64,911 in 2023 and headcount from 2 to 0.5 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 23-03-2026
  3. 3National Bank, annual accounts 2021 and 2023

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Financials · fiscal year 2023, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10,333
2021 · -€810
Working capital
€28,799▲ 5,525%
2021 · €512
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 53, Postal and courier activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Available amounts per fiscal year
Line20212023
Operating result-€763-€15,406-
Net result-€810within the sector's middle half-€10,333within the sector's middle half-
Equity€9,190below the sector's middle half-€37,865within the sector's middle half-
Total assets€49,464below the sector's middle half-€64,911within the sector's middle half-
Debt€40,274-€27,046-
Working capital€512within the sector's middle half-€28,799within the sector's middle half-
Solvency18.6%within the sector's middle half-58.3%within the sector's middle half-
Current ratio1.01within the sector's middle half-2.06within the sector's middle half-
Return on assets (ROA)-1.6%below the sector's middle half-15.9%above the sector's middle half-
Staff (FTE)2below the sector's middle half-0.5-
above within below the middle half (P25 to P75) of NACE 53, Postal and courier activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000€15,000Operating result 2021: -€763-€763Net result 2021: -€810-€810Operating result 2023: €15,406€15,406Net result 2023: €10,333€10,33320212023-€5,000€0€5,000€10,000€15,000Operating result 2021: -€763-€763Net result 2021: -€810-€810Operating result 2023: €15,406€15,400Net result 2023: €10,333€10,30020212023
The operating result is €15,406 in 2023, compared with -€763 in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2023 in colour, 2021 as the grey bar beneath
Assets €64,911
Fixed assets €9,066 ▲ 4.5%
Current assets €55,845 ▲ 36.9%
Equity and liabilities €64,911
Equity €37,865 ▲ 312%
Debt €27,046 ▼ 32.8%
Debt's share of the balance-sheet total falls from 81.4% to 41.7%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2021
EBITDA
€19,140▲
2021 · €659
Cash flow
€14,067▲
2021 · €612
Quick ratio
1.72▲
2021 · 1.01
Debt to equity
0.71▼
2021 · 4.38
ROE
27.3%▲
2021 · -8.8%
Interest coverage
43.80▲
2021 · 13.73
Debt ≤ 1 year
€27,046▼
2021 · €40,274
Income taxes
€4,640
Staff costs
€21,301▼
2021 · €64,028
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2021 · 40 lines
Balance sheet Code20212023
Assets
Total assets20/58€49,464€64,911▲
Fixed assets21/28€8,678€9,066▲
Tangible fixed assets22/27€8,678€9,066▲
Furniture and vehicles24€8,678€9,066▲
Current assets29/58€40,786€55,845▲
Stocks and contracts in progress3-€9,326
Stocks30/36-€9,326
Amounts receivable within one year40/41€35,232€45,165▲
Trade receivables40€34,232€38,125▲
Other amounts receivable41€1,000€7,040▲
Cash at bank and in hand54/58€1,971€1,017▼
Deferred charges and accrued income490/1€3,583€337▼
Equity and liabilities
Total equity and liabilities10/49€49,464€64,911▲
Equity10/15€9,190€37,865▲
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€810€27,865▲
Amounts payable17/49€40,274€27,046▼
Amounts payable within one year42/48€40,274€27,046▼
Trade debts44€26,372€3,154▼
Suppliers440/4€26,372€3,154▼
Taxes, remuneration and social security45€6,235€18,387▲
Taxes450/3€4,821€16,768▲
Remuneration and social security454/9€1,414€1,619▲
Other amounts payable47/48€7,667€5,505▼
Income statement Code20212023
Remuneration, social security and pensions62€64,028€21,301▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,422€3,734▲
Other operating charges640/8€4,675€12,676▲
Gross operating margin9900€69,362€53,117▼
Operating profit (loss)9901-€763€15,406▲
Financial income75/76B€1€4▲
Recurring financial income75€1€4▲
Financial charges65/66B€48€437▲
Recurring financial charges65€48€437▲
Profit (loss) for the period before taxes9903-€810€14,973▲
Income taxes67/77-€4,640
Profit (loss) for the period9904-€810€10,333▲
Profit (loss) for the period to be appropriated9905-€810€10,333▲
Appropriation of the result
Profit (loss) to be appropriated9906-€810€27,865▲
Profit (loss) brought forward from the previous period14P-€17,532
Social balance
Average headcount (FTE)90872.0-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212023Change
Remuneration, social security and pensions62€64,028€21,301-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,422€3,734-
Other operating charges640/8€4,675€12,676-
Gross operating margin9900€69,362€53,117-
Operating profit (loss)9901-€763€15,406-
Financial income75/76B€1€4-
Recurring financial income75€1€4-
Financial charges65/66B€48€437-
Recurring financial charges65€48€437-
Profit (loss) for the period before taxes9903-€810€14,973-
Income taxes67/77-€4,640-
Profit (loss) for the period9904-€810€10,333-
Profit (loss) for the period to be appropriated9905-€810€10,333-
Line20212023Change
Assets
Total assets20/58€49,464€64,911-
Fixed assets21/28€8,678€9,066-
Tangible fixed assets22/27€8,678€9,066-
Furniture and vehicles24€8,678€9,066-
Current assets29/58€40,786€55,845-
Stocks and contracts in progress3-€9,326-
Stocks30/36-€9,326-
Amounts receivable within one year40/41€35,232€45,165-
Trade receivables40€34,232€38,125-
Other amounts receivable41€1,000€7,040-
Cash at bank and in hand54/58€1,971€1,017-
Deferred charges and accrued income490/1€3,583€337-
Equity and liabilities
Total equity and liabilities10/49€49,464€64,911-
Equity10/15€9,190€37,865-
Contributions10/11€10,000€10,000-
Profit (loss) carried forward14-€810€27,865-
Amounts payable17/49€40,274€27,046-
Amounts payable within one year42/48€40,274€27,046-
Trade debts44€26,372€3,154-
Suppliers440/4€26,372€3,154-
Taxes, remuneration and social security45€6,235€18,387-
Taxes450/3€4,821€16,768-
Remuneration and social security454/9€1,414€1,619-
Other amounts payable47/48€7,667€5,505-
Line20212023Change
Profit (loss) for the period9904-€810€10,333-
+ Depreciation and write-downs630€1,422€3,734-
Operating cash flow (approximation)€612€14,067-

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

2026
23-03
State Gazette act Registered office
Registered-office move2 facts ▸
  • General meeting, 12/03/2026
  • Registered-office move, Bergensteenweg 421/13-077 1600 Sint-Pieters-Leeuw
2025
19-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 323 days late
2023
31-12
Financial Back to profitnet €10,333
Net result €10,333 after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 2.06
Current ratio from 1.01 to 2.06; short-term debt falls from €40,274 to €27,046.
2022
16-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 47 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts

Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 2023
seat establishment approximate The establishment unit on the map
Ground area
1.0 ha
Building footprint
2,221 m²
Volume, LiDAR
5,839 m³
2 parcels, Flanders · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
300 companies at this address See who is registered here
1 establishment unit
Esso Wilsele
Aarschotsesteenweg 402, 3012 LeuvenRetail trade
since 20232.341.501.410
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23582E0505/00E000 Flanders 8,312 m² 1 · 1,330 m² -
24126B0233/00F006 Flanders 1,857 m² 1 · 891 m² 11.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Leuven2.341.501.410
1 permission
Toelating · Detailhandel met verwerking · since 26-05-2023

Similar companies · same sector, comparable size

Of 4,920 companies in sector 53200 we hold annual accounts for 1,323. 1,114 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
Founded09-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47300Retail sale of automotive fuel
53200Other postal and courier activities
49330On-demand passenger transport by chauffeured vehicle
E-invoicing
Reachable via Peppol
Peppol ID 0208:0755925750
Also 9925:BE0755925750
Registered 20-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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