ERGATIS

Active

Public limited companyfounded 200224 yrs activeClos Marie Popelin 13, 4800 Verviers, BelgiumKBO/BCE: BE 0477.366.989

Summary

ERGATIS has been active since 2002 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €67,707 and a net result of €18,603. Equity is growing by ~9.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisWatch Report Compare

ERGATISActiveChecked score 67/100

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€257,369total assets 2025

Equity: €67,707
Profit: €18,603

Turnover not published (abridged schema)

Financial health

67 Healthy Checked score 2025

Bankruptcy chance 12 m: 1.0%

Structure

Accounts filed 45 d late0 of 3 deeds read

Why 67- Latest accounts 45 days late; 2 of the last 3 late- Ex-officio strike-off in the KBO+ Size: total assets €257,369+ Founded in 2002Show the evidence

Checked score

Score 2025

67 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Better than 48% of its sector peers (no NACE code, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Average

Solvency 51+6

equity 26.3% of total assets

Liquidity 28+14

short-term debt 72.5% · cash 14.0%

Profitability 78+14

return on assets 7.2%

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.6%lowest value 12-2024: 0.7%▲ +21.9% vs 11-2024 01-2025: 0.7%▼ -3.9% vs 12-2024 02-2025: 0.7%● 0.0% vs 01-2025 03-2025: 0.7%● 0.0% vs 02-2025 04-2025: 0.7%▲ +10.9% vs 03-2025 05-2025: 0.7%● 0.0% vs 04-2025 06-2025: 0.8%▲ +6.0% vs 05-2025 07-2025: 0.8%▲ +1.0% vs 06-2025 08-2025: 0.8%▲ +0.3% vs 07-2025 09-2025: 0.9%▲ +18.6% vs 08-2025 10-2025: 1.1%▲ +19.8% vs 09-2025 11-2025: 1.8%▲ +58.4% vs 10-2025 12-2025: 2.2%▲ +25.6% vs 11-2025highest value 01-2026: 0.6%▼ -73.1% vs 12-2025 02-2026: 0.6%● 0.0% vs 01-2026 03-2026: 0.6%● 0.0% vs 02-2026 04-2026: 0.7%▲ +10.9% vs 03-2026 05-2026: 0.7%▲ +0.8% vs 04-2026 06-2026: 0.7%▼ -1.7% vs 05-2026 07-2026: 0.6%▼ -1.1% vs 06-2026 08-2026: 0.6%▼ -0.3% vs 07-2026 09-2026: 0.8%▲ +19.0% vs 08-2026 10-2026: 1.0%▲ +29.5% vs 09-2026

Size: total assets €257,369 lowers the probability for this profile
Latest accounts 45 days late; 2 of the last 3 late raises the probability
Ex-officio strike-off in the KBO raises the probability
Founded in 2002 lowers the probability for this profile

Credit up to €4,500 at 30 days acceptable

Liquidity short (current ratio 0.19 against 0.08 in 2024; short-term debt: 72.5% and cash: 14% of total assets), and 73.7% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 31%, liquidity 16%, profitability 61%, growth against the median 84%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Size: total assets €257,369

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Latest accounts 45 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Ex-officio strike-off in the KBO

In the bankruptcy model this factor raises the probability.

KBO publications

Founded in 2002

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Filed after the deadline

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 15-12-2025, 45 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

45 d late

2024

45 d late

2023

27 d late

2020

25 d late

2019

391 d late

2018

15 d early

2017

65 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 83 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Administrative warnings in the KBO publications

1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.

KBO publications

Publications

UBO non-compliance

Checked, nothing found (1)

The next deadline is still running

The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 15 December (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

31-03-2026 close06-10-2026 today31-10-2026 deadline