ERGONOMICS
ActiveSummary
ERGONOMICS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €854k and a net result of €174k. Equity is shrinking by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 91% of 1316 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▲+24
Solvency100▲+17
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 6.33 against 1.83 in 2024; short-term debt: 11.1% and cash: 33.1% of total assets), and 13.7% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← 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
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
86.3%
Return on assets
17.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
1 d early
2023
1 d early
2022
16 d late
2021
6 d late
2020
4 d early
2019
on the day
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€854k▲ 25.5%
2024 · €681k
2018: €1.01M
2019: €1.04M▲ +3.9% vs 2018highest in 8 years
2020: €1.04M● 0.0% vs 2019highest in 8 years
2021: €803k▼ -23.1% vs 2020
2022: €888k▲ +10.5% vs 2021
2023: €804k▼ -9.4% vs 2022
2024: €681k▼ -15.4% vs 2023lowest in 8 years
2025: €854k▲ +25.5% vs 2024
2018 → 2025
Total assets
€990k▼ 16.0%
2024 · €1.18M
2018: €1.14M
2019: €1.25M▲ +9.7% vs 2018
2020: €1.27M▲ +1.5% vs 2019highest in 8 years
2021: €1.26M▼ -0.2% vs 2020
2022: €1.12M▼ -11.2% vs 2021
2023: €1.24M▲ +10.4% vs 2022
2024: €1.18M▼ -4.9% vs 2023
2025: €990k▼ -16.0% vs 2024lowest in 8 years
2018 → 2025
Net result
€174k▲ 122%
2024 · €78k
2018: €126k
2019: €126k● 0.0% vs 2018
2020: €89k▼ -29.3% vs 2019
2021: €331k▲ +272% vs 2020highest in 8 years
2022: €84k▼ -74.5% vs 2021
2023: €119k▲ +41.0% vs 2022
2024: €78k▼ -34.1% vs 2023lowest in 8 years
2025: €174k▲ +122% vs 2024
2018 → 2025
Working capital
€584k▲ 52.1%
2024 · €384k
2018: €790k
2019: €943k▲ +19.4% vs 2018highest in 8 years
2020: €699k▼ -25.9% vs 2019
2021: €656k▼ -6.1% vs 2020
2022: €548k▼ -16.5% vs 2021
2023: €346k▼ -36.7% vs 2022lowest in 8 years
2024: €384k▲ +10.7% vs 2023
2025: €584k▲ +52.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€803k-€888k▲ 10.5%€804k▼ 9.4%€681k▼ 15.4%€854k▲ 25.5%
2021: €803k
2022: €888k▲ +10.5% vs 2021highest in 5 years
2023: €804k▼ -9.4% vs 2022
2024: €681k▼ -15.4% vs 2023lowest in 5 years
2025: €854k▲ +25.5% vs 2024
Operating result€425k-€117k▼ 72.5%€159k▲ 36.3%€153k▼ 4.0%€215k▲ 40.7%
2021: €425khighest in 5 years
2022: €117k▼ -72.5% vs 2021lowest in 5 years
2023: €159k▲ +36.3% vs 2022
2024: €153k▼ -4.0% vs 2023
2025: €215k▲ +40.7% vs 2024
Net result€331k-€84k▼ 74.5%€119k▲ 41.0%€78k▼ 34.1%€174k▲ 122%
2021: €331khighest in 5 years
2022: €84k▼ -74.5% vs 2021
2023: €119k▲ +41.0% vs 2022
2024: €78k▼ -34.1% vs 2023lowest in 5 years
2025: €174k▲ +122% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 41% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €990k
Fixed assets
€297k ▼ 11.0%
Current assets
€693k ▼ 18.0%
Equity and liabilities €990k
Equity
€854k ▲ 25.5%
Provisions
€24k ▼ 30.4%
Debt
€112k ▼ 75.8%
Debt's share of the balance-sheet total falls from 39.4% to 11.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€263k▲
2024 · €179k
Cash flow
€222k▲
2024 · €104k
Current ratio
6.33▲
2024 · 1.83
Debt to equity
0.13▼
2024 · 0.68
ROE
20.3%▲
2024 · 11.5%
ROA
17.5%▲
2024 · 6.6%
Interest coverage
21.48▲
2024 · 4.80
Debt ≤ 1 year
€110k▼
2024 · €461k
Income taxes
€63k▲
2024 · €58k
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 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.18M€990k▼
Fixed assets21/28€334k€297k▼
Tangible fixed assets22/27€334k€297k▼
Land and buildings22€231k€230k▼
Plant, machinery and equipment23€7k€10k▲
Furniture and vehicles24€90k€52k▼
Leasing and similar rights25€1k€0▼
Other tangible fixed assets26€6k€5k▼
Current assets29/58€845k€693k▼
Amounts receivable within one year40/41€344k€217k▼
Trade receivables40€247k€191k▼
Other amounts receivable41€98k€26k▼
Current investments50/53€116k€140k▲
Cash at bank and in hand54/58€376k€328k▼
Deferred charges and accrued income490/1€9k€8k▼
Equity and liabilities
Total equity and liabilities10/49€1.18M€990k▼
Equity10/15€681k€854k▲
Contributions10/11€6k€6k=
Reserves13€7k€6k▼
Tax-exempt reserves132€5k€4k▼
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€667k€842k▲
Provisions and deferred taxes16€34k€24k▼
Provisions for liabilities and charges160/5€33k€23k▼
Major repairs and maintenance162€33k€23k▼
Deferred taxes168€2k€1k▼
Amounts payable17/49€464k€112k▼
Amounts payable within one year42/48€461k€110k▼
Current portion of amounts payable after more than one year42€599€0▼
Trade debts44€34k€49k▲
Suppliers440/4€34k€49k▲
Taxes, remuneration and social security45€39k€48k▲
Taxes450/3€39k€48k▲
Other amounts payable47/48€388k€12k▼
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Non-recurring operating income76A€16k€42k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€48k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-10k
Other operating charges640/8€4k€5k▲
Non-recurring operating charges66A€7k€7k▲
Gross operating margin9900€189k€266k▲
Operating profit (loss)9901€153k€215k▲
Financial income75/76B€627€34k▲
Recurring financial income75€627€34k▲
Financial charges65/66B€37k€12k▼
Recurring financial charges65€37k€12k▼
Non-recurring financial charges66B-€0
Profit (loss) for the period before taxes9903€116k€236k▲
Transfer from deferred taxes780€21k€433▼
Income taxes67/77€58k€63k▲
Profit (loss) for the period9904€78k€174k▲
Transfer from tax-exempt reserves789€62k€1k▼
Profit (loss) for the period to be appropriated9905€140k€175k▲
Appropriation of the result
Profit (loss) to be appropriated9906€870k€842k▼
Profit (loss) brought forward from the previous period14P€730k€667k▼
Profit to be distributed694/7€202k€0▼
Return on contributions (dividend)694€202k€0▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €248k | - | €24k | €16k | €42k | ▲ 165% |
| Remuneration, social security and pensions62 | €2k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €22k | €24k | €26k | €48k | ▲ 85.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €-10k | - |
| Other operating charges640/8 | €4k | €2k | €4k | €4k | €5k | ▲ 47.2% |
| Non-recurring operating charges66A | - | €8k | - | €7k | €7k | ▲ 14.7% |
| Gross operating margin9900 | €443k | €149k | €188k | €189k | €266k | ▲ 40.8% |
| Operating profit (loss)9901 | €425k | €117k | €159k | €153k | €215k | ▲ 40.7% |
| Financial income75/76B | €837 | €342 | €727 | €627 | €34k | ▲ 5,251% |
| Recurring financial income75 | €837 | €342 | €727 | €627 | €34k | ▲ 5,251% |
| Financial charges65/66B | €1k | €2k | €2k | €37k | €12k | ▼ 67.1% |
| Recurring financial charges65 | €1k | €2k | €2k | €37k | €12k | ▼ 67.1% |
| Non-recurring financial charges66B | - | - | - | - | €0 | - |
| Profit (loss) for the period before taxes9903 | €425k | €116k | €158k | €116k | €236k | ▲ 103% |
| Transfer from deferred taxes780 | €676 | €4k | €33k | €21k | €433 | ▼ 97.9% |
| Transfer to deferred taxes680 | €60k | - | - | - | - | - |
| Income taxes67/77 | €34k | €35k | €73k | €58k | €63k | ▲ 7.7% |
| Profit (loss) for the period9904 | €331k | €84k | €119k | €78k | €174k | ▲ 122% |
| Transfer from tax-exempt reserves789 | €2k | €12k | €100k | €62k | €1k | ▼ 97.9% |
| Transfer to tax-exempt reserves689 | €181k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €152k | €97k | €219k | €140k | €175k | ▲ 25.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.26M | €1.12M | €1.24M | €1.18M | €990k | ▼ 16.0% |
| Fixed assets21/28 | €251k | €434k | €514k | €334k | €297k | ▼ 11.0% |
| Tangible fixed assets22/27 | €251k | €434k | €514k | €334k | €297k | ▼ 11.0% |
| Land and buildings22 | €207k | €397k | €239k | €231k | €230k | ▼ 0.2% |
| Plant, machinery and equipment23 | - | - | - | €7k | €10k | ▲ 52.4% |
| Furniture and vehicles24 | €15k | €9k | €42k | €90k | €52k | ▼ 41.8% |
| Leasing and similar rights25 | €29k | €21k | €6k | €1k | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | €7k | €7k | €6k | €5k | ▼ 13.5% |
| Assets under construction and advance payments27 | - | - | €220k | - | - | - |
| Current assets29/58 | €1.01M | €689k | €725k | €845k | €693k | ▼ 18.0% |
| Amounts receivable within one year40/41 | €474k | €381k | €453k | €344k | €217k | ▼ 36.9% |
| Trade receivables40 | €358k | €275k | €384k | €247k | €191k | ▼ 22.5% |
| Other amounts receivable41 | €116k | €106k | €70k | €98k | €26k | ▼ 73.2% |
| Current investments50/53 | €1k | €121k | €146k | €116k | €140k | ▲ 20.8% |
| Cash at bank and in hand54/58 | €534k | €182k | €115k | €376k | €328k | ▼ 12.7% |
| Deferred charges and accrued income490/1 | €4k | €4k | €11k | €9k | €8k | ▼ 12.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.26M | €1.12M | €1.24M | €1.18M | €990k | ▼ 16.0% |
| Equity10/15 | €803k | €888k | €804k | €681k | €854k | ▲ 25.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €181k | €168k | €69k | €7k | €6k | ▼ 18.7% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Tax-exempt reserves132 | €179k | €167k | €67k | €5k | €4k | ▼ 25.5% |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €616k | €713k | €730k | €667k | €842k | ▲ 26.2% |
| Provisions and deferred taxes16 | €92k | €88k | €55k | €34k | €24k | ▼ 30.4% |
| Provisions for liabilities and charges160/5 | €33k | €33k | €33k | €33k | €23k | ▼ 30.7% |
| Major repairs and maintenance162 | €33k | €33k | €33k | €33k | €23k | ▼ 30.7% |
| Deferred taxes168 | €60k | €56k | €22k | €2k | €1k | ▼ 25.5% |
| Amounts payable17/49 | €368k | €147k | €380k | €464k | €112k | ▼ 75.8% |
| Amounts payable after more than one year17 | €11k | €4k | €899 | - | - | - |
| Financial debts170/4 | €11k | €4k | €899 | - | - | - |
| Amounts payable within one year42/48 | €357k | €141k | €379k | €461k | €110k | ▼ 76.3% |
| Current portion of amounts payable after more than one year42 | €8k | €7k | €3k | €599 | €0 | ▼ 100% |
| Trade debts44 | €38k | €68k | €38k | €34k | €49k | ▲ 46.2% |
| Suppliers440/4 | €38k | €68k | €38k | €34k | €49k | ▲ 46.2% |
| Taxes, remuneration and social security45 | €8k | €47k | €120k | €39k | €48k | ▲ 23.5% |
| Taxes450/3 | €8k | €47k | €120k | €39k | €48k | ▲ 23.5% |
| Other amounts payable47/48 | €303k | €18k | €218k | €388k | €12k | ▼ 96.8% |
| Accrued charges and deferred income492/3 | - | €2k | €179 | €3k | €3k | ▲ 2.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €331k | €84k | €119k | €78k | €174k | ▲ 122% |
| + Depreciation and write-downs630 | €11k | €22k | €24k | €26k | €48k | ▲ 85.1% |
| Operating cash flow (approximation) | €342k | €107k | €143k | €104k | €222k | ▲ 113% |
| Investment in fixed assets (approximation) | - | €-206k | €-104k | €154k | €-12k | ▼ 108% |
| Change in cash | - | €-352k | €-67k | €261k | €-48k | ▼ 118% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 6.33
Current ratio from 1.83 to 6.33; short-term debt falls from €461k to €110k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €78k ▼34.1%
Net result drops to €78k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 16 days late
2022
06-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 6 days late
2021
31-12
Financial
Highest result since 2018net €331k ▲272%
Operating result €425k, net result €331k, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial 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.
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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, Kinrooi · 2 establishment units since 2003
Ground area
5,726 m²
Building footprint
895 m²
Volume, LiDAR
847 m³
2 parcels, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
Hagendorenstraat (Kin) 58, 3640 Kinrooi
since 20032.131.565.397
ERGONOMICS BVBA
since 20052.149.593.640
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72018C0431/00A000 | Flanders | 3,895 m² | 1 · 204 m² | 6.2 m · 1 fl. |
| 72026C0576/00E002 | Flanders | 1,831 m² | 1 · 691 m² | 0.1 m |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
894500NQP5JGQRMS2422
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Of 3,714 companies in sector 33120 we hold annual accounts for 1,344. 758 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-02-2003
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47812Retail trade
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Scores and ratios are computed by Checked and are not a credit decision.