Checked.be
Active
BE 0434.165.565Public limited company
ERELCOM
Georges Capiaulei 8 ·2950 Kapellen, Belgium· 38 yrs active
Sector: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
(70200)
Conclusion
ERELCOM has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-208k) and a net result of €-36k. The computed 12-month bankruptcy probability is 0.1% (very low).
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €-208k |
| Net result | €-36k |
| Active | 38 yrs |
| Locations | 1 |
Financial profile
54
/ 100
Mixed profile: strong on stability, weaker on health.
All 5 axes are computed from data Checked has read.
Health
12
Profitability
87
Solvency
40
Growth
32
Stability
100
Bankruptcy probability (12 mo)
0.1%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Long track record
−Lower-risk legal form
−
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1988, 38 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
12
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2025 · micro schema
€-5k
-
24-25
€-36k
-17.0%
24-25
€-5k
-
24-25
€368k
-6.9%
24-25
€-208k
-21.2%
24-25
€-42k
-320.7%
24-25
€577k
+1.6%
24-25
€196k
+16.7%
24-25
€380k
-4.7%
24-25
0.78
-16.6%
24-25
0.78
-16.6%
24-25
-56.5%
-30.1%
24-25
-2.77
+16.1%
24-25
17.5%
-3.4%
24-25
-9.9%
-25.7%
24-25
-0.48
-
24-25
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €-5k |
| Net profit | €-36k |
| Cash flow | €-5k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €368k |
| Equity | €-208k |
| Debt | €577k |
| of which ≤ 1y | €196k |
| of which > 1y | €380k |
| Working capital | €-42k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 0.78 |
| Quick ratio | 0.78 |
| Working capital ratio | -11.5% |
| Solvency | -56.5% |
| Debt / equity | -2.77 |
| Long-term debt ratio | -1.83 |
| Interest coverage | -0.48 |
| Gross margin | - |
| Net margin | - |
| ROA | -9.9% |
| ROE | 17.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €368k |
| Fixed assets | 21/28 | €214k |
| Tangible fixed assets | 22/27 | €214k |
| Current assets | 29/58 | €154k |
| Amounts receivable within one year | 40/41 | €154k |
| Cash & bank | 54/58 | €9 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €368k |
| Equity | 10/15 | €-208k |
| Contributions / capital | 10/11 | €133k |
| Reserves | 13 | €3k |
| Accumulated profits (losses) | 14 | €-345k |
| Amounts payable | 17/49 | €577k |
| Amounts payable after one year | 17 | €380k |
| Amounts payable within one year | 42/48 | €196k |
| Trade debts payable within one year | 44 | €11k |
| Income statement | ||
| Gross operating margin | 9900 | €-2k |
| Operating result | 9901 | €-36k |
| Financial income | 75 | €9k |
| Financial charges | 65 | €9k |
| Result before taxes | 9903 | €-36k |
| Net result for the period | 9904 | €-36k |
| Result to be appropriated | 9905 | €-36k |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Ratios computed by Checked.
Legal Structure
| NACE primary | Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200) |
| Legal form | Public limited company(014) |
| Incorporation | 03-05-1988 |
| Status | Active |
| Postal code | 2950 |
Establishment units
Georges Capiaulei 8, 2950 Kapellen
since 19882.039.996.607
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11023I0180/00T032 | Flanders | 5,232 m² | 1 · 235 m² | 23.1 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
30-09-2025 NBB filing Annual accounts filed
fiscal year 2025 · micro schema
18-03-2025 NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
11-10-2023 NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
04-11-2022 NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
16-11-2021 NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
30-11-2020 NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
30-09-2019 NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
28-09-2018 NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
27-09-2017 NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
30-09-2016 NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Belgian State Gazette reading coverage
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200
Primary activity highlighted.
Names & trade names
| Legal nameNL | ERELCOM |
Registered office
Georges Capiaulei 8
2950 Kapellen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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