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ERIBO - VASTGOED

Active Private limited companyfounded 2002active for 24 yearsVredestraat 45, 8790 WaregemKBO/BCE: BE 0478.514.856 subsidiary of Maxanna

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2003
peak €286,077 (2022)
€159,978▲ 81.4%
lowest -€106,413 (2024)
-€37,659▲ €68,754
peak €526,687 (2023)
€382,615▼ 9.0%
€835,083▼ 8.5%
peak 1.7 FTE (2021)
0 FTE 
Board3 names since 2014
3 directorsMaxanna and 2 others
Owners
99.05%Maxanna
Documentsfilings and deeds
12-06-202649 days before the deadline
2025abbreviated format
Gross margin from €88,195 to €159,978Loss of €37,659Cash from €192,107 to €108,850

Key points

from the 2025 annual accounts

Result

-€37,659 ▲ 64.6%
-€106,0002024-€37,7002025

The result rose in 2025 from -€106,413 to -€37,659.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

The last five annual accounts were filed 16 to 53 days before the end of the period.

Position in the sector

-€37,659

Lower net result than 81% of companies in real estate. Sector median €9,997 · 11,290 companies.

Checked score

92
Excellent
Financially stronger than 33% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: 0.1%▲ +0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026highest value 10-2026: 0.1%▼ -0.2 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Weak

55=equity 30.2% of total assets
36-10short-term debt 49.4% · cash 8.6%
29+20return on assets -3.0%

Score breakdown

raises risk
Loss of €37,659, the second in a row (financial year 2025)
lowers risk
Size: total assets €1.3m
Figures for financial year 2025 (filed on 12-06-2026)
Sector: Real estate activities (NACE 68)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 49% of them on solvency, 29% on liquidity, 25% on profitability and 29% on growth.

The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 8,617 companies had the same profile as ERIBO - VASTGOED has now. Each dot stands for 22 companies, two years later.

94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ERIBO - VASTGOED itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 8,617 companies, not a prediction for ERIBO - VASTGOED. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €35,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.2 (0.32 in 2024), below 1. Short-term debt is 49.4% and cash 8.6% of total assets. 69.8% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €37,659, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 12-06-2026)
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€37,659
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
49 days early
2024
38 days early
2023
16 days early
2022
53 days early
2021
34 days early
2020
50 days early
2019
43 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 40 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

IV
Director, since 05-10-2023
M
Director, VANDEWIELE Eric Roger, since 05-10-2023
PV
Director, since 05-10-2023
  • Maxanna 99.05%equity €3.4m (2025) · 2025 annual accounts of Maxanna
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0478514856
3 directors appointed Permanent representatives: VANDEWIELE Pieter Bert Tom, VANDEWIELE Eric Roger and VANDEWIELE Ilse Eva Elke · Maxanna, ILSE VANDEWIELE and PIETER VANDEWIELE · Legal-form conversion: to private limited company · General meeting of 05-10-2023 · Gazette deed
Environmental permit granted Nieuwbouw of aanleggen · Provincie West-Vlaanderen
First establishment Vredestraat 45, Waregem
All 36 events

Comparable companies

same main activity, similar in size and age
Company
ERIBO - VASTGOED Waregem €1.3m €159,978 30.2% 0
PH-PROMOTION Sint-Martens-Latem €1.0m €183,566 26.3% 0
TEAL'C Zwevegem €1.2m €107,570 36.7% 0
HUIZINGE Kortrijk €1.2m €136,769 58.2% 0.3
CORBEAU DEVELOPMENT SERVICES Ostend €1.7m €212,374 30.9% 0
CHAMPY-CODE Tournai €2.0m €159,330 20.2% 0
FITFORYOU Herent €1.5m €147,229 44.2% 0.1

These companies have the same main activity as ERIBO - VASTGOED: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €1m and €2m, founded between 2000 and 2009.

Official details

Source: KBO
Status
Active since 08-10-2002Normal situation
Registered office
11 active companies are registered at this addressSource: KBO register, as of 8 November 2026.
Activity
Real estate agency activitiesNACE 68310
Establishment unit
2.114.626.7248790 Waregem, since 21-11-2002
Financial year end
31 December
Peppol
Reachable since 17-09-2025
Company details

Annual accounts 2025

≈ €280,000estimated
€1.3m▼ 8.6%
Filing
Filed on 12-06-2026, 49 days before the end of the filing period
Financials

Insights on ERIBO - VASTGOED

ERIBO - VASTGOED files the abbreviated format. That format states no turnover. The gross margin rose from €130,992 in 2006 to €159,978 in 2025.

The balance sheet grew most from 2007 to 2008 through fixed assets, financed with long-term debt.

Maxanna holds 99.05% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ERIBO - VASTGOED

What is the company number of ERIBO - VASTGOED?
The company number of ERIBO - VASTGOED is 0478.514.856. The VAT number is the same number with BE in front: BE 0478.514.856.
Where is ERIBO - VASTGOED based?
The registered office is at Vredestraat 45, 8790 Waregem.Company details
What does ERIBO - VASTGOED do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of ERIBO - VASTGOED?
ERIBO - VASTGOED is a private limited company (BV).
When was ERIBO - VASTGOED founded?
ERIBO - VASTGOED was founded on 08-10-2002.
Is ERIBO - VASTGOED still active?
Yes, ERIBO - VASTGOED is an active enterprise in the KBO register.
How many employees does ERIBO - VASTGOED have?
ERIBO - VASTGOED had an average of 1.7 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of ERIBO - VASTGOED?
The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €159,978 and 32 comparable companies (NACE 68310). It probably lies between €230,000 and €430,000. In financial year 2019 turnover was €240,170.
Is ERIBO - VASTGOED profitable?
In financial year 2025, ERIBO - VASTGOED made a loss of €37,659.
Where can I find the annual accounts of ERIBO - VASTGOED?
ERIBO - VASTGOED filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ERIBO - VASTGOED due?
ERIBO - VASTGOED must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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