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ERICO

Active
Private limited companyfounded 201115 yrs activeWaterpoel 73, 1652 Beersel, BelgiumKBO/BCE: BE 0835.168.218

ERICO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166k and a net result of €17k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 86% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
83 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+80
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 9.43 against 6.74 in 2024; short-term debt: 9.4% and cash: 1.5% of total assets), and 11.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
88.4%
Return on assets
9.1%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-04-2026, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
21 d early
2024
12 d early
2023
32 d early
2022
11 d early
2021
23 d early
2020
18 d early
2019
43 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€166k▲ 11.4%
2024 · €149k
2018: €89k 2019: €115k 2020: €153k 2021: €132k 2022: €177k 2023: €200k 2024: €149k
2018 → 2025
Total assets
€188k▲ 3.6%
2024 · €182k
2018: €130k 2019: €154k 2020: €217k 2021: €163k 2022: €252k 2023: €245k 2024: €182k
2018 → 2025
Net result
€17k
2024 · €-51k
2018: €7k 2019: €27k 2020: €38k 2021: €-21k 2022: €45k 2023: €23k 2024: €-51k
2018 → 2025
Working capital
€149k▲ 18.1%
2024 · €126k
2018: €72k 2019: €82k 2020: €125k 2021: €106k 2022: €149k 2023: €175k 2024: €126k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€132k-€177k▲ 33.8%€200k▲ 13.1%€149k▼ 25.4%€166k▲ 11.4%
Operating result€-20k-€55k€34k▼ 38.1%€-51k€19k
Net result€-21k-€45k€23k▼ 48.2%€-51k€17k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50kOperating result 2021: €-20k€-20kNet result 2021: €-21k€-21kOperating result 2022: €55k€55kNet result 2022: €45k€45kOperating result 2023: €34k€34kNet result 2023: €23k€23kOperating result 2024: €-51k€-51kNet result 2024: €-51k€-51kOperating result 2025: €19k€19kNet result 2025: €17k€17k20212022202320242025
The operating result returns to profit in 2025: €19k after a loss of €51k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €188k
Fixed assets €21k▼ 36.0%
Current assets €167k▲ 12.5%
Equity and liabilities €188k
Equity €166k▲ 11.4%
Debt €22k▼ 32.5%
The debt ratio falls from 17.9% to 11.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€32k
2024 · €-37k
Cash flow
€30k
2024 · €-37k
Solvency
88.4%
2024 · 82.1%
Current ratio
9.43
2024 · 6.74
Quick ratio
9.43
2024 · 6.74
Debt / equity
0.13
2024 · 0.22
ROE
10.3%
2024 · -34.1%
ROA
9.1%
2024 · -28.0%
Interest coverage
45.83
2024 · -37.68
Debt
€22k
2024 · €33k
Debt ≤ 1 year
€18k
2024 · €22k
Debt > 1 year
€4k
2024 · €10k
Income taxes
€2k
2024 · €254
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€182k€188k
Fixed assets21/28€33k€21k
Intangible fixed assets21€1k-
Tangible fixed assets22/27€32k€21k
Land and buildings22€4k€4k
Plant, machinery and equipment23€10k€7k
Furniture and vehicles24€652€480
Leasing and similar rights25€17k€11k
Current assets29/58€148k€167k
Amounts receivable within one year40/41€23k€9k
Trade receivables40€21k€9k
Other amounts receivable41€2k-
Current investments50/53€118k€155k
Cash at bank and in hand54/58€7k€3k
Equity and liabilities
Total equity and liabilities10/49€182k€188k
Equity10/15€149k€166k
Contributions10/11€12k€12k=
Reserves13€74k€91k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€72k€89k
Profit (loss) carried forward14€63k€63k
Amounts payable17/49€33k€22k
Amounts payable after more than one year17€10k€4k
Financial debts170/4€10k€4k
Amounts payable within one year42/48€22k€18k
Current portion of amounts payable after more than one year42€6k€6k
Trade debts44€3k€2k
Suppliers440/4€3k€2k
Taxes, remuneration and social security45€11k€7k
Taxes450/3€9k€5k
Remuneration and social security454/9€2k€2k
Other amounts payable47/48€2k€3k
Income statement Code20242025
Non-recurring operating income76A-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k
Other operating charges640/8€1k€1k
Gross operating margin9900€-36k€33k
Operating profit (loss)9901€-51k€19k
Financial income75/76B€949€785
Recurring financial income75€949€785
Financial charges65/66B€976€691
Recurring financial charges65€976€691
Profit (loss) for the period before taxes9903€-51k€19k
Income taxes67/77€254€2k
Profit (loss) for the period9904€-51k€17k
Profit (loss) for the period to be appropriated9905€-51k€17k
Appropriation of the result
Profit (loss) to be appropriated9906€63k€80k
Profit (loss) brought forward from the previous period14P€114k€63k
Transfer to equity691/2-€17k
To other reserves6921-€17k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
09-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Back to profitnet €17k
Net result €17k after one loss-making year.
30-09
Financial Equity above €150kEq €166k ▲11.4%
Equity rises from €149k to €166k.
18-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Weakest financial yearnet €-51k ▼319%
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
29-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Equity above €200kEq €200k ▲13.1%
2 profitable years in a row build equity to €200k.
19-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Back to profitnet €45k
Net result €45k after one loss-making year.
30-09
Financial Equity above €150kEq €177k ▲33.8%
Equity rises from €132k to €177k.
07-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
12-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Equity above €150kEq €153k ▲33.2%
3 profitable years in a row build equity to €153k.
18-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Equity above €100kEq €115k ▲28.6%
2 profitable years in a row build equity to €115k.
27-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
07-03
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
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, Beersel · 2 establishment units since 2011
establishment All 2 establishment units on the map
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.

Waterpoel 731652 Beersel
Ground area
3,230 m²
Building footprint
557 m²
Volume, LiDAR
5,723 m³
2 parcels, Flanders · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
ERICO
Waterpoel 73, 1652 BeerselComputer programming, consultancy and related activities
since 20112.198.195.984
Zoniënwoudlaan 51A, 1640 Sint-Genesius-Rode
Computer programming, consultancy and related activities
since 20162.253.614.064
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22004C0706/00N005 Flanders 2,253 m² 1 · 427 m² 15.6 m · 4 fl.
23001C0017/00K000 Flanders 977 m² 1 · 130 m² 7.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 82,570 companies in sector 70200 we hold annual accounts for 52,574. 40,707 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-04-2011
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
62030Computer programming, consultancy and related activities
62200Computer consultancy and computer facilities management
68110Buying and selling of own real estate
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.