ERDIPA
ActiveSummary
The annual accounts of ERDIPA for fiscal year 2024 show a net loss of 75% of the equity at the start of that year. The 2024 annual accounts show equity of €17,323 and a net result of -€53,225. Equity remains stable across the filed fiscal years (±1.5% per year). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability21▼-20
Solvency27▼-7
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.09 against 0.13 in 2023; short-term debt: 42.4% and cash: 0.2% of total assets), and 97.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
2.2%
Return on assets
-6.9%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€53,225
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-09-2025, 41 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d late
2023
44 d late
2022
10 d late
2021
16 d late
2020
41 d late
2019
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 18 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€17,323▼ 75.4%
2023 · €70,548
Total assets
€773,022▼ 5.6%
2023 · €819,030
Net result
-€53,225▼ 469%
2023 · -€9,358
Working capital
-€299,705▼ 37.1%
2023 · -€218,538
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€7,327€12,549€41,091▲ 227%€19,426▼ 52.7%-€20,066
Net result-€9,277€990€12,382▲ 1,151%-€9,358-€53,225▼ 469%
Equity€66,535▼ 12.2%€67,524▲ 1.5%€79,906▲ 18.3%€70,548▼ 11.7%€17,323▼ 75.4%
Total assets€694,378▲ 38.4%€928,924▲ 33.8%€871,468▼ 6.2%€819,030▼ 6.0%€773,022▼ 5.6%
Debt€627,843▲ 53.6%€861,400▲ 37.2%€791,562▼ 8.1%€748,482▼ 5.4%€755,699▲ 1.0%
Working capital-€165,728▼ 76.2%-€224,828▼ 35.7%-€195,811▲ 12.9%-€218,538▼ 11.6%-€299,705▼ 37.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €20,066 after €19,426 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €773,022
Fixed assets
€745,078 ▼ 5.4%
Current assets
€27,944 ▼ 11.1%
Equity and liabilities €773,022
Equity
€17,323 ▼ 75.4%
Debt
€755,699 ▲ 1.0%
Debt's share of the balance-sheet total rises from 91.4% to 97.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€41,766▼
2023 · €80,279
Cash flow
€8,608▼
2023 · €51,495
Current ratio
0.09▼
2023 · 0.13
Debt to equity
43.62▲
2023 · 10.61
ROE
-307.2%▼
2023 · -13.3%
ROA
-6.9%▼
2023 · -1.1%
Interest coverage
1.26▼
2023 · 2.79
Debt ≤ 1 year
€327,649▲
2023 · €249,971
Debt > 1 year
€428,050▼
2023 · €498,511
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,104 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency under 10%
- a small loss
1.8%
went bankrupt
3.6%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,104 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €62,329 | €56,376 | €65,301 | €60,853 | €61,833 | ▲ 1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €7,429 | - | - |
| Other operating charges640/8 | - | €5,726 | €3,349 | €4,082 | €10,347 | ▲ 154% |
| Gross operating margin9900 | €59,429 | €74,651 | €109,742 | €91,789 | €52,114 | ▼ 43.2% |
| Operating profit (loss)9901 | -€7,327 | €12,549 | €41,091 | €19,426 | -€20,066 | ▼ 203% |
| Financial income75/76B | - | €44 | - | - | - | - |
| Recurring financial income75 | - | €44 | - | - | - | - |
| Financial charges65/66B | - | €11,604 | €20,759 | €28,784 | €33,158 | ▲ 15.2% |
| Recurring financial charges65 | €12,467 | €11,604 | €20,759 | €28,784 | €33,158 | ▲ 15.2% |
| Profit (loss) for the period before taxes9903 | -€19,794 | €990 | €20,332 | -€9,358 | -€53,225 | ▼ 469% |
| Income taxes67/77 | €6,621 | - | €7,950 | - | - | - |
| Profit (loss) for the period9904 | -€9,277 | €990 | €12,382 | -€9,358 | -€53,225 | ▼ 469% |
| Profit (loss) for the period to be appropriated9905 | €24,004 | €990 | €12,382 | -€9,358 | -€53,225 | ▼ 469% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €694,378 | €928,924 | €871,468 | €819,030 | €773,022 | ▼ 5.6% |
| Fixed assets21/28 | €677,291 | €909,251 | €843,950 | €787,596 | €745,078 | ▼ 5.4% |
| Tangible fixed assets22/27 | €676,689 | €908,649 | €843,347 | €786,994 | €744,475 | ▼ 5.4% |
| Land and buildings22 | - | €867,883 | €811,887 | €760,349 | €705,482 | ▼ 7.2% |
| Plant, machinery and equipment23 | - | €40,766 | €31,460 | €26,645 | €38,993 | ▲ 46.3% |
| Financial fixed assets28 | €602 | €602 | €602 | €602 | €602 | = |
| Current assets29/58 | €17,086 | €19,673 | €27,519 | €31,433 | €27,944 | ▼ 11.1% |
| Amounts receivable after more than one year29 | - | - | - | €26,371 | - | - |
| Trade receivables290 | - | - | - | €22,871 | - | - |
| Other amounts receivable291 | - | - | - | €3,500 | - | - |
| Amounts receivable within one year40/41 | €14,577 | €18,141 | €25,953 | - | €26,406 | - |
| Trade receivables40 | - | €18,141 | €25,953 | - | €22,906 | - |
| Other amounts receivable41 | - | - | - | - | €3,500 | - |
| Cash at bank and in hand54/58 | €2,509 | €1,533 | €1,566 | €5,063 | €1,538 | ▼ 69.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €694,378 | €928,924 | €871,468 | €819,030 | €773,022 | ▼ 5.6% |
| Equity10/15 | €66,535 | €67,524 | €79,906 | €70,548 | €17,323 | ▼ 75.4% |
| Contributions10/11 | - | €45,000 | €45,000 | €45,000 | €45,000 | = |
| Reserves13 | €3,511 | €21,535 | €22,524 | €25,548 | - | - |
| Non-distributable reserves130/1 | - | €3,511 | €3,511 | - | - | - |
| Reserves not available under the articles1311 | - | €3,511 | €3,511 | - | - | - |
| Distributable reserves133 | - | €18,023 | €19,013 | €25,548 | - | - |
| Profit (loss) carried forward14 | €18,023 | €990 | €12,382 | - | -€27,677 | - |
| Amounts payable17/49 | €627,843 | €861,400 | €791,562 | €748,482 | €755,699 | ▲ 1.0% |
| Amounts payable after more than one year17 | €444,679 | €616,899 | €568,232 | €498,511 | €428,050 | ▼ 14.1% |
| Financial debts170/4 | - | €616,899 | €568,232 | €498,511 | €428,050 | ▼ 14.1% |
| Amounts payable within one year42/48 | €182,815 | €244,501 | €223,330 | €249,971 | €327,649 | ▲ 31.1% |
| Current portion of amounts payable after more than one year42 | - | €168,649 | €158,348 | €159,132 | €162,064 | ▲ 1.8% |
| Trade debts44 | €2,850 | €2,250 | €1,876 | €2,583 | €2,523 | ▼ 2.3% |
| Suppliers440/4 | - | €2,250 | €1,876 | €2,583 | €2,523 | ▼ 2.3% |
| Taxes, remuneration and social security45 | - | €7,093 | €1,200 | €1,112 | €1,564 | ▲ 40.7% |
| Taxes450/3 | - | €7,093 | €1,200 | €1,112 | €1,564 | ▲ 40.7% |
| Other amounts payable47/48 | - | €66,509 | €61,906 | €87,144 | €161,498 | ▲ 85.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,277 | €990 | €12,382 | -€9,358 | -€53,225 | ▼ 469% |
| + Depreciation and write-downs630 | €62,329 | €56,376 | €65,301 | €60,853 | €61,833 | ▲ 1.6% |
| Operating cash flow (approximation) | €53,051 | €57,365 | €77,683 | €51,495 | €8,608 | ▼ 83.3% |
| Investment in fixed assets (approximation) | - | -€288,335 | €0 | -€4,500 | -€19,314 | ▼ 329% |
| Change in cash | - | -€977 | €34 | €3,496 | -€3,525 | ▼ 201% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 41 days late
2024
31-12
Financial
Weakest financial yearnet -€53,225
Net result drops to -€53,225, the lowest in the series.
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 44 days late
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 16 days late
2021
31-12
Financial
Back to profitnet €990
Net result €990 after one loss-making year.
10-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 41 days late
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €19,979
Net result €19,979 after one loss-making year.
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 51 days late
2018
24-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 85 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
2016
20-06
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Antwerpen
Ground area
476 m²
Building footprint
384 m²
Volume, LiDAR
3,011 m³
Parcel 11343A0775/00R000, Flanders · tallest building 16.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11343A0775/00R000 | Flanders | 476 m² | 1 · 384 m² | 16.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded10-07-2003
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0859603310
Registered
10-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.