Summary
ERIL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €50,583 and a net result of €4,350. Equity is shrinking by about 7.9% per year across the filed financial years. Its solvency ranks better than 77% of 3,018 sector peers (NACE 66, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
In the rankings
#8 oldest company in Merchtem, Finance and insurance sector
Equity
€50,583▼ 15.9%
2024 · €60,133
Net result
€4,350
2024 · -€11,014
Total assets
€64,853▼ 29.3%
2024 · €91,780
Solvency
78.0%▲ 12.5pp
2024 · 65.5%
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €4,558 after a loss of €11,240 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€4,558
2025
Net result€4,350
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€64,853
2025
Equity€50,583
2025
Debt€14,270
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€50,583
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)6.7%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency78.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio4.54
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 66, Activities auxiliary to financial services and insurance activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€20,803-€34,733▲ 67.0%€23,080▼ 33.5%€16,749▼ 27.4%€12,720▼ 24.1%€31,964▲ 151%-€11,240€4,558
Net result€12,579-€24,206▲ 92.4%€13,935within the sector's middle half▼ 42.4%€9,529within the sector's middle half▼ 31.6%€6,646within the sector's middle half▼ 30.3%€21,372within the sector's middle half▲ 222%-€11,014below the sector's middle half€4,350below the sector's middle half
Equity€94,558-€100,664▲ 6.5%€103,199within the sector's middle half▲ 2.5%€75,229within the sector's middle half▼ 27.1%€81,875within the sector's middle half▲ 8.8%€91,747within the sector's middle half▲ 12.1%€60,133within the sector's middle half▼ 34.5%€50,583within the sector's middle half▼ 15.9%
Total assets€106,167-€159,627▲ 50.4%€143,214below the sector's middle half▼ 10.3%€141,961within the sector's middle half▼ 0.9%€101,669below the sector's middle half▼ 28.4%€118,662below the sector's middle half▲ 16.7%€91,780below the sector's middle half▼ 22.7%€64,853below the sector's middle half▼ 29.3%
Debt€11,608-€58,963▲ 408%€40,014▼ 32.1%€66,732▲ 66.8%€19,795▼ 70.3%€26,916▲ 36.0%€31,647▲ 17.6%€14,270▼ 54.9%
Working capital€92,126-€83,521▼ 9.3%€84,709within the sector's middle half▲ 1.4%€59,763within the sector's middle half▼ 29.4%€71,218within the sector's middle half▲ 19.2%€83,136within the sector's middle half▲ 16.7%€59,725within the sector's middle half▼ 28.2%€50,583within the sector's middle half▼ 15.3%
Solvency89.1%-63.1%▼ 26.0pp72.1%above the sector's middle half▲ 9.0pp53.0%within the sector's middle half▼ 19.1pp80.5%above the sector's middle half▲ 27.5pp77.3%above the sector's middle half▼ 3.2pp65.5%within the sector's middle half▼ 11.8pp78.0%above the sector's middle half▲ 12.5pp
Current ratio8.94-3.08▼ 5.853.96above the sector's middle half▲ 0.871.96within the sector's middle half▼ 2.004.60above the sector's middle half▲ 2.644.09above the sector's middle half▼ 0.512.89within the sector's middle half▼ 1.204.54above the sector's middle half▲ 1.66
Return on assets (ROA)11.8%-15.2%▲ 3.3pp9.7%within the sector's middle half▼ 5.4pp6.7%within the sector's middle half▼ 3.0pp6.5%within the sector's middle half▼ 0.2pp18.0%within the sector's middle half▲ 11.5pp-12.0%below the sector's middle half▼ 30.0pp6.7%within the sector's middle half▲ 18.7pp
above
within
below
the middle half of NACE 66, Activities auxiliary to financial services and insurance activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €64,853
Equity
€50,583 ▼ 15.9%
Debt
€14,270 ▼ 54.9%
Debt's share of the balance-sheet total falls from 34.5% to 22.0%. Equity and debt are lower.
Key figures and ratios
ROE
8.6%▲
2024 · -18.3%
Debt ≤ 1 year
€14,270▼
2024 · €31,647
Income taxes
€469▲
2024 · €184
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €16,490 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,511 | €10,538 | €10,390 | €10,210 | €9,842 | €9,876 | €8,204 | €407 | ▼ 95.0% |
| Other operating charges640/8 | - | - | - | €1,475 | €1,038 | €760 | €748 | €825 | ▲ 10.2% |
| Gross operating margin9900 | €33,834 | €46,686 | €34,185 | €28,434 | €23,601 | €42,600 | -€2,288 | €5,790 | ▲ 353% |
| Operating profit (loss)9901 | €20,803 | €34,733 | €23,080 | €16,749 | €12,720 | €31,964 | -€11,240 | €4,558 | ▲ 141% |
| Financial income75/76B | - | - | - | €373 | €0 | €71 | €575 | €366 | ▼ 36.3% |
| Recurring financial income75 | - | €0 | €0 | €373 | €0 | €71 | €575 | €366 | ▼ 36.3% |
| Financial charges65/66B | - | - | - | €1,440 | €994 | €326 | €165 | €105 | ▼ 36.3% |
| Recurring financial charges65 | €748 | €738 | €1,682 | €1,440 | €994 | €326 | €165 | €105 | ▼ 36.3% |
| Profit (loss) for the period before taxes9903 | €20,055 | €33,996 | €21,399 | €15,682 | €11,727 | €31,709 | -€10,830 | €4,819 | ▲ 144% |
| Income taxes67/77 | €7,476 | €9,790 | €7,464 | €6,152 | €5,081 | €10,337 | €184 | €469 | ▲ 155% |
| Profit (loss) for the period9904 | €12,579 | €24,206 | €13,935 | €9,529 | €6,646 | €21,372 | -€11,014 | €4,350 | ▲ 139% |
| Profit (loss) for the period to be appropriated9905 | €12,579 | €24,206 | €13,935 | €9,529 | €6,646 | €21,372 | -€11,014 | €4,350 | ▲ 139% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €106,167 | €159,627 | €143,214 | €141,961 | €101,669 | €118,662 | €91,780 | €64,853 | ▼ 29.3% |
| Fixed assets21/28 | €2,432 | €36,003 | €29,850 | €19,640 | €10,657 | €8,611 | €407 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €2,432 | €36,003 | €29,850 | €19,640 | €10,657 | €8,611 | €407 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | €694 | €936 | €421 | €135 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €18,946 | €9,721 | €8,190 | €272 | €0 | ▼ 100% |
| Current assets29/58 | €103,734 | €123,624 | €113,364 | €122,321 | €91,013 | €110,051 | €91,373 | €64,853 | ▼ 29.0% |
| Amounts receivable within one year40/41 | €76,816 | €95,203 | €71,401 | €81,570 | €65,779 | €3,826 | €0 | €7,732 | - |
| Other amounts receivable41 | - | - | - | €81,570 | €65,779 | €3,826 | €0 | €7,732 | - |
| Cash at bank and in hand54/58 | €24,755 | €25,352 | €38,741 | €36,900 | €22,653 | €104,292 | €89,733 | €55,853 | ▼ 37.8% |
| Deferred charges and accrued income490/1 | - | - | - | €3,851 | €2,581 | €1,934 | €1,639 | €1,268 | ▼ 22.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €106,167 | €159,627 | €143,214 | €141,961 | €101,669 | €118,662 | €91,780 | €64,853 | ▼ 29.3% |
| Equity10/15 | €94,558 | €100,664 | €103,199 | €75,229 | €81,875 | €91,747 | €60,133 | €50,583 | ▼ 15.9% |
| Contributions10/11 | €18,550 | €18,550 | - | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €76,008 | €82,114 | €84,649 | €56,679 | €63,325 | €73,197 | €52,597 | €38,697 | ▼ 26.4% |
| Non-distributable reserves130/1 | - | - | - | €1,855 | €1,855 | €1,855 | €1,855 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | - | €1,855 | €1,855 | €1,855 | €1,855 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | €54,824 | €61,470 | €71,342 | €50,742 | €38,697 | ▼ 23.7% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | €0 | -€11,014 | -€6,664 | ▲ 39.5% |
| Amounts payable17/49 | €11,608 | €58,963 | €40,014 | €66,732 | €19,795 | €26,916 | €31,647 | €14,270 | ▼ 54.9% |
| Amounts payable after more than one year17 | - | €18,860 | €11,360 | €3,821 | €0 | - | - | - | - |
| Financial debts170/4 | - | - | - | €3,821 | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €11,608 | €40,103 | €28,655 | €62,558 | €19,795 | €26,916 | €31,647 | €14,270 | ▼ 54.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7,538 | €3,801 | €0 | - | - | - |
| Trade debts44 | €5 | €1,045 | €910 | €304 | €2,301 | €20 | €661 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €304 | €2,301 | €20 | €661 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €17,215 | €13,693 | €15,396 | €10,328 | €370 | ▼ 96.4% |
| Taxes450/3 | - | - | - | €17,215 | €13,693 | €15,396 | €10,328 | €370 | ▼ 96.4% |
| Other amounts payable47/48 | - | - | - | €37,500 | €0 | €11,500 | €20,659 | €13,900 | ▼ 32.7% |
| Accrued charges and deferred income492/3 | - | - | - | €353 | €0 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,579 | €24,206 | €13,935 | €9,529 | €6,646 | €21,372 | -€11,014 | €4,350 | ▲ 139% |
| + Depreciation and write-downs630 | €9,511 | €10,538 | €10,390 | €10,210 | €9,842 | €9,876 | €8,204 | €407 | ▼ 95.0% |
| Operating cash flow (approximation) | €22,090 | €34,744 | €24,325 | €19,739 | €16,488 | €31,248 | -€2,811 | €4,757 | ▲ 269% |
| Investment in fixed assets (approximation) | - | -€44,109 | -€4,237 | €0 | -€859 | -€7,830 | €0 | €0 | - |
| Change in cash | - | €596 | €13,389 | -€1,841 | -€14,247 | €81,639 | -€14,558 | -€33,880 | ▼ 133% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of the 4,686 companies in this sector, figures are known for 3,261. 2,324 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector