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ERFIN

Active
Public limited companyfounded 20205 yrs activeBoulevard Audent 10, 6000 Charleroi, BelgiumKBO/BCE: BE 0757.773.205
Summary

The computed 12-month bankruptcy probability of ERFIN is 1.9% (moderate). The 2025 annual accounts show equity of €498,903 and a net result of €98,217. Equity is growing by ~32.5% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability68▼-7
Solvency86=
Growth78=
Track record94
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.0 in 2024; short-term debt: 38.7% and cash: 19.5% of total assets), and 38.7% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
61.3%
Return on assets
12.1%
Age of the figures
15 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
40 d early
2024
56 d early
2023
63 d early
2022
43 d early
2021
60 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 52 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ERFIN was incorporated on 3 November 2020 as a Public limited company.1 Total assets rose from EUR 657,308 in 2021 to EUR 813,903 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€498,903▲ 24.5%
2024 · €400,687
Total assets
€813,903▲ 24.1%
2024 · €655,687
Net result
€98,217=
2024 · €98,250
Working capital
-€156,021▲ 38.6%
2024 · -€254,237
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
Line20212022202320242025
Operating result-€19,614--€1,353▲ 93.1%-€1,448▼ 7.1%-€1,600▼ 10.5%-€1,618▼ 1.2%
Net result-€19,692-€123,727€98,402▼ 20.5%€98,250▼ 0.2%€98,217=
Equity€80,308-€204,035▲ 154%€302,437▲ 48.2%€400,687▲ 32.5%€498,903▲ 24.5%
Total assets€657,308-€656,035▼ 0.2%€655,437▼ 0.1%€655,687=€813,903▲ 24.1%
Debt€577,000-€452,000▼ 21.7%€353,000▼ 21.9%€255,000▼ 27.8%€315,000▲ 23.5%
Working capital-€574,616--€450,889▲ 21.5%-€352,487▲ 21.8%-€254,237▲ 27.9%-€156,021▲ 38.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2021: -€19,614-€19,614Net result 2021: -€19,692-€19,692Operating result 2022: -€1,353-€1,353Net result 2022: €123,727€123,727Operating result 2023: -€1,448-€1,448Net result 2023: €98,402€98,402Operating result 2024: -€1,600-€1,600Net result 2024: €98,250€98,250Operating result 2025: -€1,618-€1,618Net result 2025: €98,217€98,21720212022202320242025-€50,000€0€50,000€100,000Operating result 2023: -€1,448-€1,450Net result 2023: €98,402€98,400Operating result 2024: -€1,600-€1,600Net result 2024: €98,250€98,300Operating result 2025: -€1,618-€1,620Net result 2025: €98,217€98,200202320242025
The operating result stays negative: a loss of €1,618 in 2025 against €1,600 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €813,903
Fixed assets €654,924 =
Current assets €158,979 ▲ 20,742%
Equity and liabilities €813,903
Equity €498,903 ▲ 24.5%
Debt €315,000 ▲ 23.5%
Debt's share of the balance-sheet total falls from 38.9% to 38.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.50▲
2024 · 0.00
Debt to equity
0.63▼
2024 · 0.64
ROE
19.7%▼
2024 · 24.5%
ROA
12.1%▼
2024 · 15.0%
Debt ≤ 1 year
€315,000▲
2024 · €255,000
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 · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€655,687€813,903▲
Fixed assets21/28€654,924€654,924=
Financial fixed assets28€654,924€654,924=
Current assets29/58€763€158,979▲
Cash at bank and in hand54/58€763€158,979▲
Equity and liabilities
Total equity and liabilities10/49€655,687€813,903▲
Equity10/15€400,687€498,903▲
Contributions10/11€100,000€100,000=
Capital10€100,000€100,000=
Issued capital100€100,000€100,000=
Reserves13€10,000€10,000=
Non-distributable reserves130/1€10,000€10,000=
Legal reserve130€10,000€10,000=
Profit (loss) carried forward14€290,687€388,903▲
Amounts payable17/49€255,000€315,000▲
Amounts payable within one year42/48€255,000€315,000▲
Other amounts payable47/48€255,000€315,000▲
Income statement Code20242025
Other operating charges640/8€648€654▲
Gross operating margin9900-€952-€965▼
Operating profit (loss)9901-€1,600-€1,618▼
Financial income75/76B€100,000€100,000=
Recurring financial income75€100,000€100,000=
Financial charges65/66B€150€165▲
Recurring financial charges65€150€165▲
Non-recurring financial charges66B€150€165▲
Profit (loss) for the period before taxes9903€98,250€98,217=
Profit (loss) for the period9904€98,250€98,217=
Profit (loss) for the period to be appropriated9905€98,250€98,217=
Appropriation of the result
Profit (loss) to be appropriated9906€290,687€388,903▲
Profit (loss) brought forward from the previous period14P€192,437€290,687▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€587€586€648€654▲ 0.9%
Gross operating margin9900-€16,288-€766-€863-€952-€965▼ 1.4%
Operating profit (loss)9901-€19,614-€1,353-€1,448-€1,600-€1,618▼ 1.2%
Financial income75/76B-€125,229€100,000€100,000€100,000=
Recurring financial income75-€125,229€100,000€100,000€100,000=
Financial charges65/66B-€150€150€150€165▲ 10.0%
Recurring financial charges65-€150€150€150€165▲ 10.0%
Non-recurring financial charges66B-€150€150€150€165▲ 10.0%
Profit (loss) for the period before taxes9903-€19,692€123,727€98,402€98,250€98,217=
Profit (loss) for the period9904-€19,692€123,727€98,402€98,250€98,217=
Profit (loss) for the period to be appropriated9905-€19,692€123,727€98,402€98,250€98,217=
Line20212022202320242025Change
Assets
Total assets20/58€657,308€656,035€655,437€655,687€813,903▲ 24.1%
Fixed assets21/28€654,924€654,924€654,924€654,924€654,924=
Financial fixed assets28€654,924€654,924€654,924€654,924€654,924=
Current assets29/58€2,384€1,111€513€763€158,979▲ 20,742%
Cash at bank and in hand54/58€2,384€1,111€513€763€158,979▲ 20,742%
Equity and liabilities
Total equity and liabilities10/49€657,308€656,035€655,437€655,687€813,903▲ 24.1%
Equity10/15€80,308€204,035€302,437€400,687€498,903▲ 24.5%
Contributions10/11€100,000€100,000€100,000€100,000€100,000=
Capital10-€100,000€100,000€100,000€100,000=
Issued capital100-€100,000€100,000€100,000€100,000=
Reserves13-€10,000€10,000€10,000€10,000=
Non-distributable reserves130/1-€10,000€10,000€10,000€10,000=
Legal reserve130-€10,000€10,000€10,000€10,000=
Profit (loss) carried forward14-€19,692€94,035€192,437€290,687€388,903▲ 33.8%
Amounts payable17/49€577,000€452,000€353,000€255,000€315,000▲ 23.5%
Amounts payable within one year42/48€577,000€452,000€353,000€255,000€315,000▲ 23.5%
Other amounts payable47/48-€452,000€353,000€255,000€315,000▲ 23.5%
Line20212022202320242025Change
Profit (loss) for the period9904-€19,692€123,727€98,402€98,250€98,217=
Operating cash flow (approximation)-€19,692€123,727€98,402€98,250€98,217=
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€1,273-€598€250€158,217▲ 63,128%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
22-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
06-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
29-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
19-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial Back to profitnet €123,727
Net result €123,727 after one loss-making year.
30-06
Financial Equity above €200,000Eq €204,035 ▲154%
Equity rises from €80,308 to €204,035.
2021
02-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Charleroi · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
94 m²
Building footprint
67 m²
Volume, LiDAR
1,159 m³
Parcel 52011B0239/00G169, Wallonia · tallest building 21.4 m, ±6 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
ERFIN
Boulevard Audent 10, 6000 CharleroiHoldings
since 20212.313.729.815
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52011B0239/00G169 Wallonia 94 m² 1 · 66 m² 21.4 m · 6 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 30-06-2025 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 30-06-2025 of ERFIN and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded03-11-2020
Fiscal year end30-06
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.

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Register as of 27 September 2026 · Peppol Directory

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