ERIK CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of ERIK CONSTRUCT is 1.9% (moderate). The 2024 annual accounts show equity of €61k and a net result of €8k. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 41% of 36378 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▲+4
Solvency64▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.48 in 2023; short-term debt: 61.1% and cash: 9.3% of total assets), but 61.1% 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 · 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
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 2024Solvency, return and age of the figures
Solvency
38.9%
Return on assets
5.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
33 d early
2022
19 d early
2021
86 d late
2020
30 d late
2019
74 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€61k▲ 14.9%
2023 · €53k
2018: €3k
2019: €14k
2020: €33k
2021: €57k
2022: €67k
2023: €53k
2018 → 2024
Total assets
€156k▼ 2.1%
2023 · €160k
2018: €34k
2019: €46k
2020: €82k
2021: €99k
2022: €141k
2023: €160k
2018 → 2024
Net result
€8k▲ 135%
2023 · €3k
2018: €-6k
2019: €11k
2020: €19k
2021: €13k
2022: €10k
2023: €3k
2018 → 2024
Working capital
€58k▲ 14.5%
2023 · €51k
2018: €1k
2019: €13k
2020: €32k
2021: €56k
2022: €66k
2023: €51k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€33k-€57k▲ 71.9%€67k▲ 18.1%€53k▼ 21.2%€61k▲ 14.9%
Operating result€19k-€18k▼ 4.2%€15k▼ 15.9%€9k▼ 38.9%€6k▼ 30.1%
Net result€19k-€13k▼ 31.4%€10k▼ 19.7%€3k▼ 67.3%€8k▲ 135%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 30% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €156k
Fixed assets
€2k▲ 24.9%
Current assets
€154k▼ 2.4%
Equity and liabilities €156k
Equity
€61k▲ 14.9%
Debt
€96k▼ 10.6%
The debt ratio falls from 66.9% to 61.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7k▼
2023 · €10k
Cash flow
€9k▲
2023 · €4k
Solvency
38.9%▲
2023 · 33.1%
Current ratio
1.61▲
2023 · 1.48
Quick ratio
0.26▼
2023 · 0.27
Debt / equity
1.57▼
2023 · 2.02
ROE
13.0%▲
2023 · 6.4%
ROA
5.1%▲
2023 · 2.1%
Interest coverage
14.54▼
2023 · 19.27
Debt
€96k▼
2023 · €107k
Debt ≤ 1 year
€96k▼
2023 · €107k
Income taxes
€7k▲
2023 · €5k
Staff costs
€27k▼
2023 · €38k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€160k€156k▼
Fixed assets21/28€2k€2k▲
Tangible fixed assets22/27€1k€1k▲
Plant, machinery and equipment23-€991
Furniture and vehicles24€1k€500▼
Financial fixed assets28€970€970=
Current assets29/58€158k€154k▼
Stocks and contracts in progress3€130k€130k=
Stocks30/36€130k€130k=
Amounts receivable within one year40/41€26k€10k▼
Trade receivables40€24k€4k▼
Other amounts receivable41€2k€6k▲
Cash at bank and in hand54/58€2k€15k▲
Equity and liabilities
Total equity and liabilities10/49€160k€156k▼
Equity10/15€53k€61k▲
Contributions10/11€1k€1k=
Capital10€1k€1k=
Issued capital100€1k€1k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€50k€58k▲
Amounts payable17/49€107k€96k▼
Amounts payable within one year42/48€107k€96k▼
Current portion of amounts payable after more than one year42€2k€2k▲
Trade debts44€8k€45k▲
Suppliers440/4€8k€45k▲
Taxes, remuneration and social security45€48k€46k▼
Taxes450/3€6k€8k▲
Remuneration and social security454/9€42k€38k▼
Other amounts payable47/48€49k€3k▼
Income statement
Code20232024
Remuneration, social security and pensions62€38k€27k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€500€996▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€50k€38k▼
Operating profit (loss)9901€9k€6k▼
Financial income75/76B-€9k
Recurring financial income75-€9k
Non-recurring financial income76B-€9k
Financial charges65/66B€507€514▲
Recurring financial charges65€507€514▲
Profit (loss) for the period before taxes9903€9k€15k▲
Income taxes67/77€5k€7k▲
Profit (loss) for the period9904€3k€8k▲
Profit (loss) for the period to be appropriated9905€3k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€50k€58k▲
Profit (loss) brought forward from the previous period14P€47k€50k▲
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
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 86 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €19k ▲69.1%
Operating result €19k, net result €19k, both a record.
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 74 days late
2019
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
16-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 47 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 177 days late
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 140 days late
2016
13-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Oudergem · 1 establishment unit since 2014
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.
Jacques Bassemstraat 601160 OudergemGround area
223 m²
Building footprint
223 m²
Volume, LiDAR
1,551 m³
Parcel 21332B0424/00S002, Brussels · tallest building 17.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Jacques Bassemstraat 60, 1160 Oudergem
since 20142.226.665.583
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0424/00S002 | Brussels | 223 m² | 1 · 223 m² | 17.0 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 15,536 companies in sector 43990 we hold annual accounts for 7,421. 6,184 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2014
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
33110Repair and maintenance of fabricated metal products
35140Electricity, gas, steam and air conditioning supply
43120Site preparation
43230Insulation installation
43291Specialised construction activities
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.