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ERHI

Active
Private limited companyfounded 20242 yrs activeJan Dhondtstraat 37, 9050 Gent, BelgiumKBO/BCE: BE 1004.490.230
Summary

The computed 12-month bankruptcy probability of ERHI is 2.4% (moderate). The 2025 annual accounts show equity of €15,274 and a net result of €11,774. Its solvency ranks better than 51% of 28184 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability96
Solvency73
Growth-
Track record67
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.82; short-term debt: 51.8% and cash: 27.4% of total assets), but 51.8% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-04-2026, 89 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 · 1 filing
Deviation from the deadline
2025
89 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

ERHI was incorporated on 10 January 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

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Financials · fiscal year 2025, micro schema

Turnover
€103,684
EBIT margin
15.2%
Net result
€11,774
Working capital
€13,387

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €31,673
Fixed assets €1,887
Current assets €29,787
Equity and liabilities €31,673
Equity €15,274
Debt €16,400
Debt finances 51.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€17,355
Cash flow
€13,418
Current ratio
1.82
Debt to equity
1.07
ROE
77.1%
ROA
37.2%
Interest coverage
253.10
Debt ≤ 1 year
€16,400
Income taxes
€3,887

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€31,673
Fixed assets21/28€1,887
Tangible fixed assets22/27€1,887
Furniture and vehicles24€1,887
Current assets29/58€29,787
Amounts receivable within one year40/41€21,111
Trade receivables40€18,550
Other amounts receivable41€2,561
Cash at bank and in hand54/58€8,676
Equity and liabilities
Total equity and liabilities10/49€31,673
Equity10/15€15,274
Contributions10/11€3,500
Profit (loss) carried forward14€11,774
Amounts payable17/49€16,400
Amounts payable within one year42/48€16,400
Trade debts44€6,935
Suppliers440/4€6,935
Taxes, remuneration and social security45€9,033
Taxes450/3€3,887
Remuneration and social security454/9€5,145
Other amounts payable47/48€432
Income statement Code2025
Turnover70€103,684
Goods, raw materials, services and sundry goods60/61€86,329
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,645
Gross operating margin9900€17,355
Operating profit (loss)9901€15,710
Financial income75/76B€19
Recurring financial income75€19
Financial charges65/66B€69
Recurring financial charges65€69
Profit (loss) for the period before taxes9903€15,661
Income taxes67/77€3,887
Profit (loss) for the period9904€11,774
Profit (loss) for the period to be appropriated9905€11,774
Appropriation of the result
Profit (loss) to be appropriated9906€11,774

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Turnover70€103,684
Goods, raw materials, services and sundry goods60/61€86,329
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,645
Gross operating margin9900€17,355
Operating profit (loss)9901€15,710
Financial income75/76B€19
Recurring financial income75€19
Financial charges65/66B€69
Recurring financial charges65€69
Profit (loss) for the period before taxes9903€15,661
Income taxes67/77€3,887
Profit (loss) for the period9904€11,774
Profit (loss) for the period to be appropriated9905€11,774
Line2025
Assets
Total assets20/58€31,673
Fixed assets21/28€1,887
Tangible fixed assets22/27€1,887
Furniture and vehicles24€1,887
Current assets29/58€29,787
Amounts receivable within one year40/41€21,111
Trade receivables40€18,550
Other amounts receivable41€2,561
Cash at bank and in hand54/58€8,676
Equity and liabilities
Total equity and liabilities10/49€31,673
Equity10/15€15,274
Contributions10/11€3,500
Profit (loss) carried forward14€11,774
Amounts payable17/49€16,400
Amounts payable within one year42/48€16,400
Trade debts44€6,935
Suppliers440/4€6,935
Taxes, remuneration and social security45€9,033
Taxes450/3€3,887
Remuneration and social security454/9€5,145
Other amounts payable47/48€432
Line2025
Profit (loss) for the period9904€11,774
+ Depreciation and write-downs630€1,645
Operating cash flow (approximation)€13,418

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

2026
30-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 89 days late
NBB filing
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, Gent
exact location from the address register On OpenStreetMap
Ground area
88 m²
Building footprint
76 m²
Volume, LiDAR
467 m³
Parcel 44362B0054/00P003, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44362B0054/00P003 Flanders 88 m² 1 · 75 m² 11.2 m · 3 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.

Similar companies · same sector, comparable size

Of 15,521 companies in sector 43990 we hold annual accounts for 7,420. 4,828 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
Founded10-01-2024
Fiscal year end30-06
Activities, NACEBEL 2025
43990Other specialised construction activities
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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Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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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.