Ergo-Pau
ActiveSummary
Ergo-Pau has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €18k. Its solvency ranks better than 58% of 16546 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency96▲+15
Growth78
Track record82
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.51 against 2.29 in 2024; short-term debt: 28.5% and cash: 77.6% of total assets), and 28.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.5%
Return on assets
36.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 2 filingsDeviation from the deadline
2025
26 d late
2024
30 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€36k▲ 95.8%
2024 · €18k
2024: €18k
2024 → 2025
Total assets
€50k▲ 54.5%
2024 · €33k
2024: €33k
2024 → 2025
Net result
€18k▲ 7.1%
2024 · €17k
2024: €17k
2024 → 2025
Working capital
€36k▲ 95.8%
2024 · €18k
2024: €18k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€18k-€36k▲ 95.8%
Operating result€25k-€25k▼ 0.9%
Net result€17k-€18k▲ 7.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €50k
Equity
€36k ▲ 95.8%
Debt
€14k ▲ 1.0%
Debt's share of the balance-sheet total falls from 43.6% to 28.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
3.51▲
2024 · 2.29
Debt to equity
0.40▼
2024 · 0.77
ROE
51.2%▼
2024 · 93.7%
ROA
36.6%▼
2024 · 52.8%
Debt ≤ 1 year
€14k▲
2024 · €14k
Income taxes
€6k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€33k€50k▲
Current assets29/58€33k€50k▲
Amounts receivable within one year40/41€14k€11k▼
Trade receivables40€14k€4k▼
Other amounts receivable41-€8k
Cash at bank and in hand54/58€19k€39k▲
Deferred charges and accrued income490/1-€47
Equity and liabilities
Total equity and liabilities10/49€33k€50k▲
Equity10/15€18k€36k▲
Contributions10/11€2k€2k=
Reserves13€16k€21k▲
Distributable reserves133€16k€21k▲
Profit (loss) carried forward14€432€13k▲
Amounts payable17/49€14k€14k▲
Amounts payable within one year42/48€14k€14k▲
Trade debts44€12€465▲
Suppliers440/4€12€465▲
Taxes, remuneration and social security45€14k€14k▲
Taxes450/3€14k€14k▲
Other amounts payable47/48€583-
Income statement
Code20242025
Remuneration, social security and pensions62€2k-
Gross operating margin9900€27k€25k▼
Operating profit (loss)9901€25k€25k▼
Financial income75/76B€3€217▲
Recurring financial income75€3€217▲
Financial charges65/66B€121€31▼
Recurring financial charges65€121€31▼
Profit (loss) for the period before taxes9903€25k€25k▲
Income taxes67/77€7k€6k▼
Profit (loss) for the period9904€17k€18k▲
Profit (loss) for the period to be appropriated9905€17k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€19k▲
Profit (loss) brought forward from the previous period14P-€432
Transfer to equity691/2€16k€5k▼
To other reserves6921€16k€5k▼
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Walcourt · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Centenaire(Cas) 65650 WalcourtGround area
728 m²
Building footprint
50 m²
Parcel 93009A0266/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Ergo-Pau
since 20242.363.350.857
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93009A0266/00M000 | Wallonia | 728 m² | 1 · 50 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
HYLIA
BE 0687.463.546
Halle · Eq €36,051
FOODWORX
BE 1005.038.972
Gent · Eq €36,225
TAM TAM INVEST
BE 0476.257.132
Sint-Pieters-Woluwe · Eq €35,947
ADMIGEST
BE 0667.603.092
Seraing · Eq €36,304
Insen Rutten
BE 0763.991.497
Dilsen-Stokkem · Eq €35,860
Of 10,451 companies in sector 86995 we hold annual accounts for 886. 642 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-08-2024
Fiscal year end31-12
Activities, NACEBEL 2025
86995Nutrition and dietetics services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.