Skip to content

Erfa Pharm

Bankruptcy
Public limited companyfounded 1935KBO/BCE: BE 0403.061.625
Summary

The KBO register records for Erfa Pharm the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2017 annual accounts show equity of €889,037 and a net result of €10,283.

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

Embed in an article

Writing about this bankruptcy? Put the card of Erfa Pharm in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.

Preview
The preview appears here.
  • Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
  • Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
  • Where scripts do not run (a newsletter, a feed reader) a plain link remains.

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckStrikeout withdrawal

History

Erfa Pharm was incorporated on 1 January 1935.1 Total assets fell from EUR 4.9 million in 2013 to EUR 1.7 million in 2017.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2013 and 2017

Go further with this company

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

Financials · fiscal year 2017, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10,283▼ 98.9%
2016 · €935,863
Working capital
€1.4m▲ 0.9%
2016 · €1.4m
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
Line20132014201520162017
Operating result-€1.3m--€302,803▲ 76.4%-€14,019▲ 95.4%€1.4m€21,244▼ 98.5%
Net result-€1.3m--€304,045▲ 76.3%€11,227€935,863▲ 8,236%€10,283▼ 98.9%
Equity€251,045--€68,336-€57,110▲ 16.4%€878,753€889,037▲ 1.2%
Total assets€4.9m-€1.4m▼ 71.5%€1.4m▲ 1.8%€1.7m▲ 16.8%€1.7m▲ 0.9%
Debt€4.4m-€1.5m▼ 66.8%€1.5m▲ 0.9%€474,352▼ 67.8%€478,284▲ 0.8%
Working capital€630,209-€810,025▲ 28.5%€818,028▲ 1.0%€1.4m▲ 72.7%€1.4m▲ 0.9%
Staff (FTE)38.6-5.9▼ 84.7%0▼ 100%00
Result per fiscal year
Operating resultNet result
-€2.0m-€1.0m€0€1.0mOperating result 2013: -€1.3m-€1.3mNet result 2013: -€1.3m-€1.3mOperating result 2014: -€302,803-€302,803Net result 2014: -€304,045-€304,045Operating result 2015: -€14,019-€14,019Net result 2015: €11,227€11,227Operating result 2016: €1.4m€1.4mNet result 2016: €935,863€935,863Operating result 2017: €21,244€21,244Net result 2017: €10,283€10,28320132014201520162017-€500,000€0€500,000€1m€1.5mOperating result 2015: -€14,019-€14,000Net result 2015: €11,227€11,200Operating result 2016: €1.4m€1.4mNet result 2016: €935,863€936,000Operating result 2017: €21,244€21,200Net result 2017: €10,283€10,300201520162017
The operating result falls in 2017; 2017 is 99% below 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €1.7m
Fixed assets €12,461 ▼ 13.4%
Current assets €1.7m ▲ 1.0%
Equity and liabilities €1.7m
Equity €889,037 ▲ 1.2%
Provisions €300,000 =
Debt €478,284 ▲ 0.8%
Debt's share of the balance-sheet total stays at 28.7%.
Key figures and ratios
2017 value · change against 2016
EBITDA
€23,173▼
2016 · €1.4m
Cash flow
€12,212▼
2016 · €936,669
Current ratio
7.20▼
2016 · 7.25
Debt to equity
0.28▼
2016 · 0.28
ROE
1.2%▼
2016 · 106.5%
ROA
0.6%▼
2016 · 56.6%
Debt ≤ 1 year
€229,847▲
2016 · €225,915
Debt > 1 year
€248,437=
2016 · €248,437
Income taxes
€10,270▼
2016 · €480,788
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2017 against 2016 · 25 lines
Balance sheet Code20162017
Assets
Total assets20/58€1.7m€1.7m▲
Fixed assets21/28€14,390€12,461▼
Tangible fixed assets22/27€6,909€4,980▼
Financial fixed assets28€7,481€7,481=
Current assets29/58€1.6m€1.7m▲
Amounts receivable within one year40/41€557,433€570,683▲
Cash at bank and in hand54/58€7,360€10,253▲
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.7m▲
Equity10/15€878,753€889,037▲
Contributions10/11€165,000€165,000=
Reserves13€19,822€19,822=
Profit (loss) carried forward14€51,887€62,171▲
Provisions and deferred taxes16€300,000€300,000=
Amounts payable17/49€474,352€478,284▲
Amounts payable after more than one year17€248,437€248,437=
Amounts payable within one year42/48€225,915€229,847▲
Trade debts44€95,915€93,847▼
Income statement Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€806€1,929▲
Gross operating margin9900€1.8m€36,812▼
Operating profit (loss)9901€1.4m€21,244▼
Recurring financial charges65€5,142€691▼
Profit (loss) for the period before taxes9903€1.4m€20,553▼
Income taxes67/77€480,788€10,270▼
Profit (loss) for the period9904€935,863€10,283▼
Profit (loss) for the period to be appropriated9905€935,863€10,283▼
Line20132014201520162017Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€362,633€238,557-€806€1,929▲ 139%
Gross operating margin9900€1.7m€803,053-€13,542€1.8m€36,812▼ 97.9%
Operating profit (loss)9901-€1.3m-€302,803-€14,019€1.4m€21,244▼ 98.5%
Recurring financial income75€48,363-----
Recurring financial charges65€45,904€1,242€1,394€5,142€691▼ 86.6%
Profit (loss) for the period before taxes9903-€1.3m-€304,045-€15,413€1.4m€20,553▼ 98.5%
Income taxes67/77€1,004--€26,640€480,788€10,270▼ 97.9%
Profit (loss) for the period9904-€1.3m-€304,045€11,227€935,863€10,283▼ 98.9%
Profit (loss) for the period to be appropriated9905-€1.3m-€304,045€11,227€935,863€10,283▼ 98.9%
Line20132014201520162017Change
Assets
Total assets20/58€4.9m€1.4m€1.4m€1.7m€1.7m▲ 0.9%
Formation expenses20-€0----
Fixed assets21/28€1.2m€303,596€306,819€14,390€12,461▼ 13.4%
Intangible fixed assets21€235,628€0----
Tangible fixed assets22/27€887,738€296,115€299,338€6,909€4,980▼ 27.9%
Financial fixed assets28€69,623€7,481€7,481€7,481€7,481=
Current assets29/58€3.7m€1.1m€1.1m€1.6m€1.7m▲ 1.0%
Stocks and contracts in progress3€586,044-----
Amounts receivable within one year40/41€993,804€13,457€29,567€557,433€570,683▲ 2.4%
Cash at bank and in hand54/58€2,624-€5,031€7,360€10,253▲ 39.3%
Equity and liabilities
Total equity and liabilities10/49€4.9m€1.4m€1.4m€1.7m€1.7m▲ 0.9%
Equity10/15€251,045-€68,336-€57,110€878,753€889,037▲ 1.2%
Contributions10/11€165,000€165,000€165,000€165,000€165,000=
Reserves13€23,813€19,822€19,822€19,822€19,822=
Profit (loss) carried forward14-€591,157-€895,202-€883,976€51,887€62,171▲ 19.8%
Provisions and deferred taxes16€243,342--€300,000€300,000=
Amounts payable17/49€4.4m€1.5m€1.5m€474,352€478,284▲ 0.8%
Amounts payable after more than one year17€1.3m€1.2m€1.2m€248,437€248,437=
Amounts payable within one year42/48€3.1m€277,356€290,493€225,915€229,847▲ 1.7%
Trade debts44€1.5m€90,025€97,033€95,915€93,847▼ 2.2%
Line20132014201520162017Change
Profit (loss) for the period9904-€1.3m-€304,045€11,227€935,863€10,283▼ 98.9%
+ Depreciation and write-downs630€362,633€238,557-€806€1,929▲ 139%
Operating cash flow (approximation)-€919,254-€65,488€11,227€936,669€12,212▼ 98.7%
Investment in fixed assets (approximation)-€650,837-€3,223€291,623€0▼ 100%
Change in cash---€2,329€2,894▲ 24.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2024
22-01
KBO administration Address struck
Drukpersstraat 4 L’adresse du siège Rue de la Presse 4 1000 Die Sitzadresse Rue de la Presse 4 1000 1000 Brussel is doorgehaald met ingang van Bruxelles · event 22-04-2021
2019
05-07
KBO administration Strikeout withdrawal
event 12-06-2019
12-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 316 days late
12-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 681 days late
05-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 1039 days late
16-05
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 1385 days late
2018
05-12
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 1588 days late
2016
31-12
Financial Highest result since 2013net €935,863 ▲8,236%
Operating result €1.4m, net result €935,863, both a record.
31-12
Financial Equity above €500,000Eq €878,753
2 profitable years in a row build equity to €878,753.
2015
31-12
Financial Back to profitnet €11,227
Net result €11,227 after 2 loss-making years.
2014
31-12
Financial Liquidity triplescurrent ratio 3.92
Current ratio from 1.21 to 3.92; short-term debt falls from €3.1m to €277,356.
2013
11-09
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 42 days late
Show earlier events
2012
18-07
NBB filing Annual accounts filed
fiscal year 2011 · full schema
2011
31-08
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 31 days late
2010
09-08
NBB filing Annual accounts filed
fiscal year 2009 · full schema · 9 days late
2009
20-11
NBB filing Annual accounts filed
fiscal year 2008 · full schema · 112 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Brussel · 1 establishment unit since 1935
seat establishment approximate The establishment unit on the map
Ground area
294 m²
Building footprint
180 m²
Volume, LiDAR
2,760 m³
2 parcels, Brussels · tallest building 23.6 m, ±8 floors. Linked by address, not a title deed.
262 companies at this address See who is registered here
1 establishment unit
Landbouwersstraat 25, 1040 Etterbeek
Manufacture of basic metals
since 19352.004.622.883
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21362B0055/00T007indicative Brussels 194 m² 1 · 80 m² 15.4 m · 3 fl.
21803C0244/00A002 Brussels 100 m² 1 · 99 m² 23.6 m · 8 fl.
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded01-01-1935
Fiscal year end31-12
Abbreviation FR ERFA
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.