Skip to content

ERFA

Active
Private limited companyfounded 2024active for 1 yearHertenstraat(M) 7, 3630 Maasmechelen, BelgiumKBO/BCE: BE 1017.550.190
Summary

The computed 12-month bankruptcy probability of ERFA is 5.0% (elevated). The 2025 annual accounts show equity of €11,245 and a net result of €6,245. Its solvency ranks better than 16% of 1,249 sector peers (NACE 42, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
ERFAActiveChecked score 37/100
Risk analysis ReportCompare

Overview

Activity
Construction of utility projects for electricity and telecommunications
NACE 42220General electrical installation work NACE 43211
1 site
Size
€91,816total assets 2025
Staff
2 FTE
Equity
€11,245
Profit
€6,245
Turnover not published (micro format)
Financial health
37 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.0%
Structure
2025 accounts 24 days early
Why 37raises riskFounded in 2024Liquidity: current ratio 1.251 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed 07-07-2026)Show the evidence

Checked score

Score 2025
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 38% of its sector peers (NACE 42, micro)
Every signal that counts is listed under Signals.
Financial strength
Average
Solvency 37
equity 12.2% of total assets
Liquidity 47
short-term debt 52.0%
Profitability 77
return on assets 6.8%
Bankruptcy probability, 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (1,868 companies, NACE 42, micro)
Last 24 months 01-2026: 1.8%lowest value 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.9%▲ +0.1 percentage points vs 02-2026 04-2026: 2.2%▲ +0.3 percentage points vs 03-2026 05-2026: 2.3%▲ +0.1 percentage points vs 04-2026 06-2026: 2.5%▲ +0.2 percentage points vs 05-2026 07-2026: 5.1%▲ +2.6 percentage points vs 06-2026highest value 08-2026: 4.8%▼ -0.3 percentage points vs 07-2026 09-2026: 4.9%▲ +0.1 percentage points vs 08-2026 10-2026: 5.0%▲ +0.1 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.25, below the usual 1.5; short-term debt: 52% of total assets), and 87.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, micro): better than 16% on solvency, 44% on liquidity and 53% on profitability.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.25
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed 07-07-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 1249 sector peers (2025).
NBB · sector comparison
Position among 1249 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
24 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Registered officeRegistered-office move
  3. IncorporationAppointment: EROL Fatih (director) ·…

Key points

  • Caution: Among the weakest 16% on solvencysector median 45.1% · 1,249 companies 12.2% View
  • One director decidessole director in office 1 View
  • Total assets 2025first financial year filed €91,816 View

By topic

Financials

Financial year
2025
Total assets
€91,816
Profit
€6,245
Solvency
12.2%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Construction of utility projects for electricity and telecommunicationsNACE 42220
Founded
17-12-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
12
Who signs
Each director alone
Annual meeting
First Thursday of June at 18:00
Purpose
“Algemene residentiële en industriële Elektriciteitswerken; Industriële reiniging; Telecom…” (deed in Dutch)
Go to Articles of association

Key facts about ERFA

What is the company number of ERFA?
1017.550.190. In Belgium the VAT number is the company number with BE in front: BE 1017.550.190.
Where is ERFA based?
The registered office is at Hertenstraat(M) 7, 3630 Maasmechelen.Company details
What does ERFA do?
According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
What is the legal form of ERFA?
Private limited company (BV).
When was ERFA founded?
On 17-12-2024.
Is ERFA still active?
Yes, ERFA is an active enterprise in the KBO register.
How many employees does ERFA have?
On average 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ERFA?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is ERFA profitable?
In financial year 2025, ERFA made a profit of €6,245.
Where can I find the annual accounts of ERFA?
ERFA filed 1 annual account with the National Bank of Belgium, for financial year 2025.

Companies related to ERFA

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure