Eribel Project
ActiveEribel Project has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €701k and a net result of €26k. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 76% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+1
Solvency92▼-8
Growth72=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 4.06 against 9.23 in 2024; short-term debt: 21.1% and cash: 1.8% of total assets), and 33.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
66.8%
Return on assets
2.5%
Age of the figures
9 mo
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 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
37 d early
2023
19 d early
2022
27 d early
2021
24 d early
2020
16 d early
2019
15 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€2.00M▼ 8.0%
2020 · €2.17M
2018: €1.56M
2020: €2.17M
2018 → 2021
EBIT margin
0.6%▲ 0.2pp
2020 · 0.4%
2018: 0.5%
2020: 0.4%
2018 → 2021
Net result
€26k▲ 52.9%
2024 · €17k
2018: €5k
2019: €5k
2020: €842
2021: €1k
2022: €67k
2023: €12k
2024: €17k
2018 → 2025
Working capital
€676k▲ 6.7%
2024 · €634k
2018: €134k
2019: €131k
2020: €170k
2021: €150k
2022: €195k
2023: €243k
2024: €634k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.00M-
Equity€177k-€243k▲ 37.9%€255k▲ 4.8%€673k▲ 163%€701k▲ 4.2%
Operating result€12k-€66k▲ 454%€17k▼ 74.9%€30k▲ 83.9%€25k▼ 18.0%
Net result€1k-€67k▲ 5,258%€12k▼ 82.4%€17k▲ 46.8%€26k▲ 52.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.05M
Fixed assets
€151k▲ 8.9%
Current assets
€897k▲ 26.3%
Equity and liabilities €1.05M
Equity
€701k▲ 4.2%
Debt
€348k▲ 96.3%
The debt ratio rises from 20.9% to 33.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€69k▼
2024 · €77k
Cash flow
€70k▲
2024 · €64k
Solvency
66.8%▼
2024 · 79.1%
Current ratio
4.06▼
2024 · 9.23
Quick ratio
4.06▼
2024 · 9.23
Debt / equity
0.50▲
2024 · 0.26
ROE
3.8%▲
2024 · 2.6%
ROA
2.5%▲
2024 · 2.0%
Interest coverage
16.26▲
2024 · 5.94
Debt
€348k▲
2024 · €177k
Debt ≤ 1 year
€221k▲
2024 · €77k
Debt > 1 year
€100k▲
2024 · €86k
Income taxes
€10k▲
2024 · €207
Staff costs
€1.20M▼
2024 · €1.53M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€850k€1.05M▲
Fixed assets21/28€139k€151k▲
Tangible fixed assets22/27€139k€151k▲
Plant, machinery and equipment23€1k€732▼
Furniture and vehicles24€18k€6k▼
Leasing and similar rights25€119k€144k▲
Financial fixed assets28€400€400=
Current assets29/58€711k€897k▲
Amounts receivable within one year40/41€701k€876k▲
Trade receivables40€274k€5k▼
Other amounts receivable41€427k€871k▲
Cash at bank and in hand54/58€3k€19k▲
Deferred charges and accrued income490/1€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€850k€1.05M▲
Equity10/15€673k€701k▲
Contributions10/11€744k€744k=
Reserves13-€2k
Distributable reserves133-€2k
Profit (loss) carried forward14€-71k€-45k▲
Amounts payable17/49€177k€348k▲
Amounts payable after more than one year17€86k€100k▲
Financial debts170/4€86k€100k▲
Amounts payable within one year42/48€77k€221k▲
Current portion of amounts payable after more than one year42€33k€45k▲
Trade debts44€16k€154k▲
Suppliers440/4€16k€154k▲
Taxes, remuneration and social security45€28k€22k▼
Taxes450/3€98-
Remuneration and social security454/9€28k€22k▼
Accrued charges and deferred income492/3€14k€27k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.53M€1.20M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€44k▼
Other operating charges640/8€4k€6k▲
Non-recurring operating charges66A€14k-
Gross operating margin9900€1.63M€1.28M▼
Operating profit (loss)9901€30k€25k▼
Financial income75/76B-€15k
Recurring financial income75-€15k
Financial charges65/66B€13k€4k▼
Recurring financial charges65€13k€4k▼
Profit (loss) for the period before taxes9903€17k€36k▲
Income taxes67/77€207€10k▲
Profit (loss) for the period9904€17k€26k▲
Profit (loss) for the period to be appropriated9905€17k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-71k€-45k▲
Profit (loss) brought forward from the previous period14P€-88k€-71k▲
Social balance
Average headcount (FTE)908724.119.0▼
The notes to these accounts (15 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 9.23
Current ratio from 2.34 to 9.23; short-term debt falls from €181k to €77k.
31-12
Financial
Equity above €500kEq €673k ▲163%
7 profitable years in a row build equity to €673k.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €67k ▲5258%
Operating result €66k, net result €67k, both a record.
31-12
Financial
Equity above €200kEq €243k ▲37.9%
5 profitable years in a row build equity to €243k.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €842 ▼83.4%
Net result drops to €842, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
16 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, Gent · 1 establishment unit since 2010
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.
Zeilschipstraat 99000 GentGround area
9,988 m²
Building footprint
4,185 m²
Volume, LiDAR
5,896 m³
Parcel 44813T0240/00A000, Flanders · tallest building 21.5 m. Linked by address, not a title deed.
1 establishment unit
ERIBEL PROJECT
since 20102.184.061.502
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44813T0240/00A000 | Flanders | 9,988 m² | 1 · 4,185 m² | 21.4 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 5 entries · 1,942 EUR awarded · 1,857 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 2 | 485 EUR | 342 EUR |
| 2023 | 2 | 1,089 EUR | 1,147 EUR |
| 2022 | 1 | 368 EUR | 368 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Recognised contractor
3 categoriesEribel Project BV40702
Similar companies · same sector, comparable size
Pekoconstruct
BE 0827.639.830
Meerhout · Eq €701k
DESBUQUOIS gebroeders
BE 0423.375.306
Kapelle-op-den-Bos · Eq €700k
LERMYTTE CONSTRUCT
BE 0460.241.442
Poperinge · Eq €700k
Menuiserie Pascal MEERTENS
BE 0679.439.567
Dison · Eq €702k
DEBERGH JOHAN
BE 0468.328.272
Poperinge · Eq €700k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 5,225 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-01-2010
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
16230Manufacture of other builders' carpentry and joinery
25530Machining of metals
43343Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.