ERD-KABEL

Active

Private limited companyfounded 2013active for 13 yearsBosuilstraat 25, 9032 Gent, BelgiumKBO/BCE: BE 0534.921.247

Summary

The computed 12-month bankruptcy probability of ERD-KABEL is 9.4% (elevated). For ERD-KABEL, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €284,369 and a net result of €112,441. Equity is growing by about 36% per year across the filed financial years. Its solvency ranks better than 75% of 27,235 sector peers (NACE 43, financial year 2021). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

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ERD-KABELActive

Risk analysis Report Compare

Activity

Site preparation

NACE 43120

1 site

Size

€432,661total assets 2021

Staff: 2.4 FTE
Equity: €284,369
Profit: €112,441

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 9.4%

2021 figures too old to score

Structure

Kadir ERDIKDirector

2022 accounts not filed, 1184 days past the deadline1 of 5 deeds summarised

Signalsraises riskFigures for financial year 2021 (filed 02-12-2022)3 financial years not filed after the legal deadline; last filed accounts filed 122 days late; 3 of the last 3 lateEx-officio strike-off in the KBOTwo or more financial years not filed2021 accounts filed 122 days lateAdministrative warnings in the KBO publicationslowers riskLiquidity: current ratio 3.66, cash €82,839Show the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2021 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2021 · tick = 2020

Strong

Solvency 91-9

equity 65.7% of total assets

Liquidity 68-7

short-term debt 19.8% · cash 19.1%

Profitability 100+25

return on assets 26.0%

Bankruptcy probability, 12 months

9.4% Elevated

0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,640 companies, NACE 43, micro)

Last 24 months 11-2024: 4.9%lowest value 12-2024: 4.9%● unchanged vs 11-2024lowest value 01-2025: 5.6%▲ +0.7 percentage points vs 12-2024 02-2025: 5.6%● unchanged vs 01-2025 03-2025: 5.4%▼ -0.2 percentage points vs 02-2025 04-2025: 5.4%● unchanged vs 03-2025 05-2025: 5.4%● unchanged vs 04-2025 06-2025: 5.4%● unchanged vs 05-2025 07-2025: 5.4%● unchanged vs 06-2025 08-2025: 5.2%▼ -0.2 percentage points vs 07-2025 09-2025: 5.2%● unchanged vs 08-2025 10-2025: 5.2%● unchanged vs 09-2025 11-2025: 5.2%● unchanged vs 10-2025 12-2025: 5.2%● unchanged vs 11-2025 01-2026: 5.2%● unchanged vs 12-2025 02-2026: 5.2%● unchanged vs 01-2026 03-2026: 5.2%● unchanged vs 02-2026 04-2026: 5.2%● unchanged vs 03-2026 05-2026: 5.2%● unchanged vs 04-2026 06-2026: 5.2%● unchanged vs 05-2026 07-2026: 5.2%● unchanged vs 06-2026 08-2026: 5.2%● unchanged vs 07-2026 09-2026: 9.4%▲ +4.2 percentage points vs 08-2026highest value 10-2026: 9.4%● unchanged vs 09-2026highest value

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Signals

Seven signals.

lowers riskraises risk

Figures for financial year 2021 (filed 02-12-2022)

NBB · annual accounts

3 financial years not filed after the legal deadline; last filed accounts filed 122 days late; 3 of the last 3 late

NBB · filings

Ex-officio strike-off in the KBO

KBO publications

Liquidity: current ratio 3.66, cash €82,839

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-12-2022, 4 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 · 5 filings

Position against the passed deadline

31-12-2022 year end31-07-2023 deadline27-10-2026 today

2021 accounts filed 122 days late

The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-11-2022, 122 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 5 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

not filed

2022

not filed

2021

122 days late

2020

510 days late

2019

31 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 221 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Administrative warnings in the KBO publications

1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.

KBO publications

Publications

Late accounts filing

28-08-2026 Late accounts filingevent 18-08-2026
06-02-2024 Resignation: Kadir ERDIK (manager)Appointment: Kadir ERDIK (director) ·…
23-12-2022 Annual accounts filedfinancial year 2020 · micro…

Key points

Risk: 2022 accounts not fileddeadline was 31-07-2023 1184 days past the deadline View
Positive: Result rose in 2021from €9,924 to €112,441 ▲ 11× View
Positive: Among the best 5% on net resultsector median €10,123 · 27,218 companies €112,441 View

By topic

Financials

Financial year: 2021
Total assets: €432,661
Profit: €112,441
Solvency: 65.7%

Total assets▲ 125%

Net result

20192021

Go to Financials

Board & ownership

Board: 1 member

Kadir ERDIKDirector

Go to Board & ownership

Timeline

Events: 11
Since: 2015

30-11-2022Annual accounts filed
31-12-2021Highest result from 2019 to 2021
31-12-2021Equity above €200,000

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Site preparationNACE 43120
Founded: 03-06-2013
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 28

Who signs: Each director alone
Annual meeting: Third Wednesday of May at 19:00
Purpose: “De uitbating in de brede zin van een groot- en/of kleinhandel in bouwmaterialen,sanitaire…” (deed in Dutch)

Go to Articles of association

Key facts about ERD-KABEL

What is the company number of ERD-KABEL?: 0534.921.247. In Belgium the VAT number is the company number with BE in front: BE 0534.921.247.
Where is ERD-KABEL based?: The registered office is at Bosuilstraat 25, 9032 Gent.Company details
What does ERD-KABEL do?: According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of ERD-KABEL?: Private limited company (BV).
When was ERD-KABEL founded?: On 03-06-2013.
Is ERD-KABEL still active?: Yes, ERD-KABEL is an active enterprise in the KBO register.
How many employees does ERD-KABEL have?: On average 2.4 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of ERD-KABEL?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is ERD-KABEL profitable?: In financial year 2021, ERD-KABEL made a profit of €112,441.
Where can I find the annual accounts of ERD-KABEL?: ERD-KABEL filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2021.