ERFA
ActiveSummary
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.
Overview
- Staff
- 2 FTE
- Equity
- €11,245
- Profit
- €6,245
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
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 27-10-2026 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).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Registered officeRegistered-office move
- IncorporationAppointment: EROL Fatih (director) ·…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.
- Micro
- under 2 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 5.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 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 74.5% 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 2,390 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.
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €142,398 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,659 |
| Other operating charges640/8 | €3,233 |
| Gross operating margin9900 | €165,474 |
| Operating profit (loss)9901 | €14,183 |
| Financial income75/76B | €3 |
| Recurring financial income75 | €3 |
| Financial charges65/66B | €3,180 |
| Recurring financial charges65 | €3,180 |
| Profit (loss) for the period before taxes9903 | €11,006 |
| Income taxes67/77 | €4,762 |
| Profit (loss) for the period9904 | €6,245 |
| Profit (loss) for the period to be appropriated9905 | €6,245 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €91,816 | |
| Fixed assets21/28 | €32,174 | |
| Tangible fixed assets22/27 | €32,174 | |
| Plant, machinery and equipment23 | €4,975 | |
| Furniture and vehicles24 | €27,199 | |
| Current assets29/58 | €59,642 | |
| Stocks and contracts in progress3 | €15,000 | |
| Contracts in progress37 | €15,000 | |
| Amounts receivable within one year40/41 | €38,305 | |
| Trade receivables40 | €28,973 | |
| Other amounts receivable41 | €9,332 | |
| Deferred charges and accrued income490/1 | €6,337 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €91,816 | |
| Equity10/15 | €11,245 | |
| Contributions10/11 | €5,000 | |
| Reserves13 | €6,245 | |
| Distributable reserves133 | €6,245 | |
| Amounts payable17/49 | €80,571 | |
| Amounts payable after more than one year17 | €32,788 | |
| Financial debts170/4 | €32,788 | |
| Amounts payable within one year42/48 | €47,783 | |
| Current portion of amounts payable after more than one year42 | €9,762 | |
| Financial debts43 | €3,069 | |
| Credit institutions430/8 | €3,069 | |
| Trade debts44 | €15,418 | |
| Suppliers440/4 | €15,418 | |
| Taxes, remuneration and social security45 | €19,534 | |
| Taxes450/3 | €4,762 | |
| Remuneration and social security454/9 | €14,773 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €6,245 |
| + Depreciation and write-downs630 | €5,659 |
| Operating cash flow (approximation) | €11,904 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 07-07-2026 | 2026-00260302 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| EROL Fatih |
|
Owners and capital
Capital and shareholders
- EROL Fatih 100 shares (100%) · €5,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 19-12-2024 Incorporation · €5,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
01-06
Gazette deed
Registered officeRegistered-office move3 facts ▸
- Board meeting, 23-02-2026
- Registered-office move, Hertenstraat 7, 3630 Maasmechelen
- Other provision, “formuliercaption handtekeningblok voorkant, naam en hoedanigheid” (deed in Dutch)
19-12
Gazette deed
IncorporationAppointment: EROL Fatih (director) · Founder · Founding capital5 facts ▸
- Founder, EROL Fatih
- Incorporation, 06-12-2024
- Founding capital, €5,000
- Director appointment, EROL Fatih (director)
- Registered office clause, “3630 Maasmechelen,Herdersstraat 1/5” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1017.550.190
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 73048E0927/00H019 | Flanders | 852 m² | 1 · 231 m² | 7.7 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Algemene residentiële en industriële Elektriciteitswerken; Industriële reiniging; Telecom technieker (glasvezellassen, als modems…” (deed in Dutch)
13 activities (deed in Dutch)
- Algemene residentiële en industriële Elektriciteitswerken.
- Industriële reiniging
- Telecom technieker (glasvezellassen, als modems plaatsen.)
- Infra werken, kabels en leidingen aanleggen
- Het droogmaken van gebouwen, anders dan met teer en asfalt. Thermische –en geluidsisolatie;
- Vloerbekleding en muurbekleding, het leggen van tegelvloeren, mozaïek en alle andere bedekkingen van vloeren.
- Voegwerken, stukadoorswerken, plafonneer –cementeer en alle andere pleisterwerken, berapingswerken, plaatsen van chapes, gips –en staffwerken en ornamenten.
- Alle elektriciteitswerken zowel in privé –gebouwen als in openbare gebouwen, evenals het plaatsen van bliksemafleiders, elektrische signalisatie allerhande voor wegen, spoorwegen rivieren, zee –en luchtwegen.
- Het uitvoeren en/of coördineren van algemene aannemingen, het bouwen en verbouwen, het onderhoud, de uitrusting, de inrichting, de versiering, de omvorming, de hernieuwing, de expertises en het reinigen en/of herstellen van alle zogenaamde onroerende goederen, parken en beplantingen.
- Leggen van kabels en diverse leidingen met onder meer de lokalisatie van hoogspanningslijnen en pijpen, de leidingen voor water –en gasvoorzieningen, het plaatsen van allerlei elektrische kabels
- Het uitvoeren van allerhande klusjeswerken aan roerende en onroerende goederen
- Het uitvoeren van renovatie- en verbouwingswerken aan roerende en onroerende goederen
- Het uitvoeren van tuinwerken
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ERFA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer, natuurlijke personen of rechtspersonen” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Thursday of June at 18:00