ERIC CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of ERIC CONSTRUCT is 1.7% (moderate). For ERIC CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €28k and a net result of €16k. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 70% of 33677 sector peers (fiscal year 2023). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100▲+27
Solvency88▲+29
Growth69=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
63.2%
Return on assets
37.4%
Age of the figures
36 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
30-09-2024 close30-04-2025 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 30-05-2024, 30 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 · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
30 d late
2022
2 d late
2021
130 d late
2020
224 d late
2019
148 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€79k▲ 54.1%
2020 · €52k
2018: €68k
2019: €78k
2020: €52k
2018 → 2021
EBIT margin
3.0%▲ 12.1pp
2020 · -9.1%
2018: -1.5%
2019: 1.5%
2020: -9.1%
2018 → 2021
Net result
€16k▲ 1,371%
2022 · €1k
2018: €556
2019: €691
2020: €1k
2021: €2k
2022: €1k
2018 → 2023
Working capital
€21k▲ 102%
2022 · €10k
2018: €7k
2019: €7k
2020: €8k
2021: €9k
2022: €10k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€78k-€52k▼ 33.5%€79k▲ 54.1%
Equity€7k-€8k▲ 14.0%€10k▲ 19.5%€11k▲ 10.9%€28k▲ 145%
Operating result€1k-€-5k€2k€2k▼ 30.3%€22k▲ 1,242%
Net result€691-€1k▲ 50.8%€2k▲ 59.0%€1k▼ 33.1%€16k▲ 1,371%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 1,242% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €44k
Fixed assets
€6k ▲ 693%
Current assets
€37k ▲ 16.4%
Equity and liabilities €44k
Equity
€28k ▲ 145%
Debt
€16k ▼ 25.3%
Debt's share of the balance-sheet total falls from 65.6% to 36.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25k▲
2022 · €2k
Cash flow
€19k▲
2022 · €2k
Current ratio
2.32▲
2022 · 1.49
Debt to equity
0.58▼
2022 · 1.91
ROE
59.2%▲
2022 · 9.9%
ROA
37.4%▲
2022 · 3.4%
Interest coverage
16.39▲
2022 · 15.31
Debt ≤ 1 year
€16k▼
2022 · €21k
Income taxes
€4k▲
2022 · €395
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 · 2023 against 2022 · 36 lines
Balance sheet
Code20222023
Assets
Total assets20/58€33k€44k▲
Fixed assets21/28€813€6k▲
Tangible fixed assets22/27€813€6k▲
Furniture and vehicles24€813€6k▲
Current assets29/58€32k€37k▲
Amounts receivable within one year40/41€32k€37k▲
Trade receivables40€30k€32k▲
Other amounts receivable41€2k€5k▲
Current investments50/53-€77
Equity and liabilities
Total equity and liabilities10/49€33k€44k▲
Equity10/15€11k€28k▲
Contributions10/11€6k€6k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€4k€20k▲
Amounts payable17/49€21k€16k▼
Amounts payable within one year42/48€21k€16k▼
Trade debts44€6k€3k▼
Suppliers440/4€910€3k▲
Bills of exchange payable441€5k€248▼
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€3k€4k▲
Other amounts payable47/48€13k€8k▼
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€813€3k▲
Other operating charges640/8€55€76▲
Gross operating margin9900€3k€26k▲
Operating profit (loss)9901€2k€22k▲
Financial charges65/66B€162€2k▲
Recurring financial charges65€162€2k▲
Profit (loss) for the period before taxes9903€2k€21k▲
Income taxes67/77€395€4k▲
Profit (loss) for the period9904€1k€16k▲
Profit (loss) for the period to be appropriated9905€1k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€20k▲
Profit (loss) brought forward from the previous period14P€3k€4k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-09
Financial
Highest result since 2018net €16k ▲1371%
Operating result €22k, net result €16k, both a record.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
07-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 130 days late
2021
10-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 224 days late
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 148 days late
2019
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Halle · 1 establishment unit since 2017
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.
Tuinwijk 141501 HalleGround area
315 m²
Building footprint
96 m²
Volume, LiDAR
456 m³
Parcel 23013A0129/00M014, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ERIC CONSTRUCT
since 20172.304.610.330
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23013A0129/00M014 | Flanders | 315 m² | 1 · 96 m² | 8.4 m · 2 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
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METAL PAULO MOREIRA
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ABC - MOVABLE BUILDING SYSTEMS
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,595 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-06-2017
Fiscal year end30-09
Activities, NACEBEL 2025
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.