Equity
€56,972 from €1.4m in 2021
Equity fell by 96% in 4 years.
ERIKUB
Lifetime
7 annual accounts with figures on one time axispeak €2.2m (2021)
-€5,340▲ €9,659
lowest -€276,587 (2019)
-€4,933▲ €11,036
peak €1.4m (2021)
€56,972▼ 8.0%
€5,476▼ 77.4%
Board7 names since 2017
2 directorsMaxanna and 1 other
Owners2 names in the annual accounts
50%KUB and 1 other
Documentsfilings and deeds
23-01-202697 days before the deadline
2025abbreviated format
Gross margin from -€14,999 to -€5,340Loss of €4,933Debts from €24,236 to €5,476Cash from €5,812 to €12,448
Key points
from the 2025 annual accountsLosses
-€20,901 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Liquidity
12.62 was 3.72 in 2024
Short-term debts fell from €23,151 to €4,949.
Filings
7 annual accounts since 2019
The last five annual accounts were filed 30 to 129 days before the end of the period.
Board
1 joined · 5 left
Board changed. Latest change 18-12-2025 · 2 in office.
Position in the sector
91.2%
Higher solvency than 94% of companies in construction of buildings. Sector median 38.6% · 2,815 companies.
Turnover not published (abbreviated format)
Checked score
83
Excellent
Financially stronger than 53% of micro companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,459 companies (NACE 41, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.2%▲ +0.2 percentage points vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.8%▲ +0.6 percentage points vs 02-2025
04-2025: 1.8%● unchanged vs 03-2025
05-2025: 1.8%● unchanged vs 04-2025
06-2025: 1.8%● unchanged vs 05-2025
07-2025: 1.8%● unchanged vs 06-2025
08-2025: 1.7%▼ -0.1 percentage points vs 07-2025
09-2025: 1.7%● unchanged vs 08-2025
10-2025: 1.7%● unchanged vs 09-2025
11-2025: 1.7%● unchanged vs 10-2025
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 1.8%▲ +0.1 percentage points vs 12-2025highest value
02-2026: 0.5%▼ -1.3 percentage points vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026lowest value
11-2026: 0.5%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: total assets €62,448
lowers risk
Liquidity: current ratio 12.62, cash €12,448
Equity €56,972 (91.2% of total assets)
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 41, micro). It does better than 92% of them on solvency, 79% on liquidity, 16% on profitability and 27% 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 30-09-2025.
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, 3,440 companies had the same profile as ERIKUB has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ERIKUB itself: 0.5% 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.
| 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 3,440 companies, not a prediction for ERIKUB. 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 €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 12.62 (3.72 in 2024), above the usual 1.5. Short-term debt is 7.9% and cash 19.9% of total assets. 8.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€4,933
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 23-01-2026, 97 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
97 days early
2024
65 days early
2023
88 days early
2022
129 days early
2021
30 days early
2020
32 days early
2019
42 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 69 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 2 February (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end08-11-2026 today30-04-2027 deadline
Board and ownership
- KUB 50%score 54equity €20,286 (2025) · 2025 annual accounts of KUB
- Maxanna 50%equity €3.4m (2025) · 2025 annual accounts of Maxanna
Recent changes
2 directors appointed, 5 resignations
Resignations: BAUWIES (class B director), DE CORDIER BOUWONDERNEMING (class B director), ERIBO-VASTGOED (class A director), BERNALITH (class B director) and BOUWONDERNEMING ERIBO (managing director) · Permanent representatives: Koen Verbauwhede, Koen De Cordier, Ilse Vandewiele, Johan Delmulle, Pieter Vandewiele and Bernard Delmulle · Appointments: KUB (managing director) and MAXANNA (managing director) · General meeting of 18-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0686927670
3 directors appointed, 6 reappointments
Appointments: Maxanna (chair of the board), BOUWONDERNEMING ERIBO (managing director) and DE CORDIER BOUWONDERNEMING (managing director) · Permanent representatives: VANDEWIELE Eric Roger, VANDEWIELE Pieter Bert Tom, DE CORDIER Koen Remi Maurice, VANDEWIELE Ilse Eva Elke, VERBAUWHEDE Koen Frans Jozef and DELMULLE Johan Daniel Marie · Reappointments: Maxanna, ERIBO-VASTGOED, BOUWONDERNEMING ERIBO, BAUWIES, BERNALITH and DE CORDIER BOUWONDERNEMING · Gazette deed
Incorporation
published on 03-01-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ERIKUB Waregem | €62,448 | -€5,340 | 91.2% | - |
| ABW PETER SAELEN Zonnebeke | €62,360 | -€5,155 | 96.9% | - |
| VEVABOUW Anzegem | €69,443 | -€7,467 | -5.4% | - |
| ART CONSTRUCT EUROPA Ganshoren | €60,625 | -€7,831 | 49.1% | - |
| STEBEMO Houthalen-Helchteren | €64,988 | -€22,705 | -42.1% | - |
| C2G CONCEPT Verviers | €59,189 | -€12,081 | -46.3% | - |
| LOTIN Rixensart | €62,290 | -€1,539 | 75.3% | - |
These companies have the same main activity as ERIKUB: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €59,200 and €69,400, founded between 2017 and 2018.
Official details
Source: KBO- Status
- Active since 29-12-2017Normal situation
- Registered office
- 11 active companies are registered at this addressSource: KBO register, as of 8 November 2026.
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.273.554.1958790 Waregem, since 29-12-2017
- Financial year end
- 30 September
- Peppol
- Reachable since 12-09-2025
Annual accounts to 30-09-2025
- €62,448▼ 27.5%
- Filing
- Filed on 23-01-2026, 97 days before the end of the filing period
Insights on ERIKUB
ERIKUB files the abbreviated format. That format states no turnover. The gross margin rose from -€260,804 in 2019 to -€5,340 in 2025.
In December 2025, five directors stepped down. In February 2026, the Official Gazette published the appointment of Maxanna as managing director.
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 ERIKUB
- What is the company number of ERIKUB?
- The company number of ERIKUB is 0686.927.670. The VAT number is the same number with BE in front: BE 0686.927.670.
- Where is ERIKUB based?
- The registered office is at Vredestraat 45, 8790 Waregem.Company details
- What does ERIKUB do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of ERIKUB?
- ERIKUB is a public limited company (NV).
- When was ERIKUB founded?
- ERIKUB was founded on 29-12-2017.
- Is ERIKUB still active?
- Yes, ERIKUB is an active enterprise in the KBO register.
- What is the turnover of ERIKUB?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is ERIKUB profitable?
- In financial year 2025, ERIKUB made a loss of €4,933.
- Where can I find the annual accounts of ERIKUB?
- ERIKUB filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ERIKUB due?
- ERIKUB must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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