ERGOFORM
ActiveERGOFORM has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €220k and a net result of €7k. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 26057 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
83
/ 100
Excellent▼ -3 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability16▼-12
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 9.68 against 5.05 in 2023), and 7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
33 d early
2022
31 d early
2021
20 d early
2020
32 d early
2019
15 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€220k▼ 14.7%
2023 · €258k
2018: €155k
2019: €171k
2020: €206k
2021: €227k
2022: €243k
2023: €258k
2018 → 2024
Total assets
€236k▼ 23.7%
2023 · €310k
2018: €277k
2019: €274k
2020: €316k
2021: €312k
2022: €313k
2023: €310k
2018 → 2024
Net result
€7k▼ 52.2%
2023 · €15k
2018: €-17k
2019: €16k
2020: €36k
2021: €21k
2022: €16k
2023: €15k
2018 → 2024
Working capital
€143k▼ 12.2%
2023 · €163k
2018: €112k
2019: €124k
2020: €149k
2021: €129k
2022: €140k
2023: €163k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€206k-€227k▲ 10.2%€243k▲ 7.0%€258k▲ 6.0%€220k▼ 14.7%
Operating result€42k-€18k▼ 57.0%€19k▲ 3.1%€22k▲ 19.4%€8k▼ 62.8%
Net result€36k-€21k▼ 41.3%€16k▼ 24.1%€15k▼ 8.0%€7k▼ 52.2%
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 2024; 2024 is 63% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €236k
Fixed assets
€77k▼ 27.9%
Current assets
€160k▼ 21.5%
Equity and liabilities €236k
Equity
€220k▼ 14.7%
Debt
€16k▼ 68.3%
The debt ratio falls from 16.8% to 7.0%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€31k▼
2023 · €51k
Cash flow
€30k▼
2023 · €44k
Solvency
93.0%▲
2023 · 83.2%
Current ratio
9.68▲
2023 · 5.05
Quick ratio
7.04▲
2023 · 4.59
Debt / equity
0.07▼
2023 · 0.20
ROE
3.2%▼
2023 · 5.7%
ROA
3.0%▼
2023 · 4.7%
Interest coverage
12.13▼
2023 · 25.00
Debt
€16k▼
2023 · €52k
Debt ≤ 1 year
€16k▼
2023 · €40k
Income taxes
€4k▼
2023 · €9k
Staff costs
€387▲
2023 · €384
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€310k€236k▼
Fixed assets21/28€107k€77k▼
Tangible fixed assets22/27€107k€77k▼
Land and buildings22€71k€59k▼
Plant, machinery and equipment23€15k€7k▼
Furniture and vehicles24€21k€11k▼
Current assets29/58€203k€160k▼
Amounts receivable after more than one year29€18k€18k=
Other amounts receivable291€18k€18k=
Stocks and contracts in progress3€19k€44k▲
Stocks30/36€19k€44k▲
Amounts receivable within one year40/41€16k€10k▼
Trade receivables40€14k€4k▼
Other amounts receivable41€2k€6k▲
Cash at bank and in hand54/58€149k€77k▼
Deferred charges and accrued income490/1€1k€12k▲
Equity and liabilities
Total equity and liabilities10/49€310k€236k▼
Equity10/15€258k€220k▼
Contributions10/11€92k€47k▼
Outside capital11€92k€47k▼
Other1109/19€92k€47k▼
Reserves13€114k€120k▲
Non-distributable reserves130/1€9k€9k=
Legal reserve130€9k€9k=
Distributable reserves133€105k€111k▲
Profit (loss) carried forward14€52k€53k▲
Amounts payable17/49€52k€16k▼
Amounts payable after more than one year17€12k-
Financial debts170/4€12k-
Amounts payable within one year42/48€40k€16k▼
Current portion of amounts payable after more than one year42€18k€12k▼
Trade debts44€8k€3k▼
Suppliers440/4€8k€3k▼
Taxes, remuneration and social security45€13k€2k▼
Taxes450/3€13k€2k▼
Remuneration and social security454/9-€0
Other amounts payable47/48€1k€6▼
Income statement
Code20232024
Remuneration, social security and pensions62€384€387▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€23k▼
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€1k€5k▲
Gross operating margin9900€55k€39k▼
Operating profit (loss)9901€22k€8k▼
Financial income75/76B€4k€6k▲
Recurring financial income75€4k€6k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€24k€11k▼
Income taxes67/77€9k€4k▼
Profit (loss) for the period9904€15k€7k▼
Profit (loss) for the period to be appropriated9905€15k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€66k€59k▼
Profit (loss) brought forward from the previous period14P€52k€52k▲
Transfer to equity691/2€14k€6k▼
To other reserves6921€14k€6k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €36k ▲128%
Operating result €42k, net result €36k, both a record.
31-12
Financial
Equity above €200kEq €206k ▲20.9%
2 profitable years in a row build equity to €206k.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
07-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Beerse · 1 establishment unit since 2013
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.
Gasthuisstraat 162340 BeerseGround area
178 m²
Building footprint
175 m²
Volume, LiDAR
1,424 m³
Parcel 13004A0390/00P000, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Ergofeeling
since 20132.218.596.668
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004A0390/00P000 | Flanders | 178 m² | 1 · 175 m² | 13.6 m · 3 fl. |
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
CC Atelier
BE 0830.768.376
Zele · Eq €219k
LIGNA RECTA
BE 0476.579.212
Antwerpen · Eq €221k
AJDO
BE 1001.846.088
Oudergem · Eq €219k
DE KEUKENBOULEVARD
BE 0473.166.493
Hasselt · Eq €221k
Makri Furniture
BE 0781.429.327
Ronse · Eq €221k
Of 2,589 companies in sector 47551 we hold annual accounts for 1,702. 1,316 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2007
Fiscal year end31-12
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
52441
47789Other retail sale of new goods
52498
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.