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ERIMA IMMO

Active
Private limited companyfounded 200422 yrs activeAstridlaan(Ove) 213, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0866.265.923
Summary

ERIMA IMMO has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €339,470 and a net result of €63,440. Equity remains stable across the filed fiscal years (±1.3% per year). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability91=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 5.51 against 4.51 in 2024; short-term debt: 5% and cash: 8.2% of total assets), and 5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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
highest failure risk from 2 to 8 years 22 years 0 30 y
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
95%
Return on assets
17.7%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
27 d late
2024
34 d early
2023
9 d early
2022
19 d early
2021
29 d late
2020
11 d late
2019
9 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 1 day before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 July (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 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

History

ERIMA IMMO was incorporated on 9 July 2004.1 Total assets fell from EUR 409,237 in 2018 to EUR 357,504 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€339,470▲ 6.0%
2024 · €320,317
Total assets
€357,504▲ 6.1%
2024 · €336,985
Net result
€63,440▲ 6.5%
2024 · €59,564
Working capital
€81,315▲ 38.9%
2024 · €58,563
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€71,885▼ 2.0%€76,463▲ 6.4%€89,290▲ 16.8%€86,143▼ 3.5%€93,023▲ 8.0%
Net result€48,524▼ 1.2%€51,465▲ 6.1%€61,040▲ 18.6%€59,564▼ 2.4%€63,440▲ 6.5%
Equity€313,810▼ 14.1%€332,963▲ 6.1%€354,858▲ 6.6%€320,317▼ 9.7%€339,470▲ 6.0%
Total assets€329,655▼ 15.6%€350,388▲ 6.3%€363,828▲ 3.8%€336,985▼ 7.4%€357,504▲ 6.1%
Debt€15,846▼ 37.5%€17,425▲ 10.0%€8,971▼ 48.5%€16,668▲ 85.8%€18,034▲ 8.2%
Working capital€34,149▼ 51.2%€69,028▲ 102%€97,768▲ 41.6%€58,563▼ 40.1%€81,315▲ 38.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000€100,000Operating result 2021: €71,885€71,885Net result 2021: €48,524€48,524Operating result 2022: €76,463€76,463Net result 2022: €51,465€51,465Operating result 2023: €89,290€89,290Net result 2023: €61,040€61,040Operating result 2024: €86,143€86,143Net result 2024: €59,564€59,564Operating result 2025: €93,023€93,023Net result 2025: €63,440€63,44020212022202320242025€0€25,000€50,000€75,000€100,000Operating result 2023: €89,290€89,300Net result 2023: €61,040€61,000Operating result 2024: €86,143€86,100Net result 2024: €59,564€59,600Operating result 2025: €93,023€93,000Net result 2025: €63,440€63,400202320242025
The operating result recovers in 2025; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €357,504
Fixed assets €258,155 ▼ 1.4%
Current assets €99,349 ▲ 32.1%
Equity and liabilities €357,504
Equity €339,470 ▲ 6.0%
Debt €18,034 ▲ 8.2%
Debt's share of the balance-sheet total rises from 4.9% to 5.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€112,067▲
2024 · €104,725
Cash flow
€82,484▲
2024 · €78,146
Current ratio
5.51▲
2024 · 4.51
Debt to equity
0.05▲
2024 · 0.05
ROE
18.7%▲
2024 · 18.6%
ROA
17.7%▲
2024 · 17.7%
Interest coverage
2490.38▲
2024 · 2327.22
Debt ≤ 1 year
€18,034▲
2024 · €16,668
Income taxes
€30,190▲
2024 · €28,196
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€336,985€357,504▲
Fixed assets21/28€261,754€258,155▼
Tangible fixed assets22/27€261,754€258,155▼
Land and buildings22€261,754€258,155▼
Current assets29/58€75,232€99,349▲
Current investments50/53€70,000€70,000=
Cash at bank and in hand54/58€5,232€29,349▲
Equity and liabilities
Total equity and liabilities10/49€336,985€357,504▲
Equity10/15€320,317€339,470▲
Contributions10/11€100€100=
Reserves13€320,217€339,370▲
Distributable reserves133€320,217€339,370▲
Amounts payable17/49€16,668€18,034▲
Amounts payable within one year42/48€16,668€18,034▲
Taxes, remuneration and social security45€16,337€17,703▲
Taxes450/3€16,337€17,703▲
Other amounts payable47/48€331€331=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,582€19,045▲
Other operating charges640/8€528€544▲
Gross operating margin9900€105,253€112,611▲
Operating profit (loss)9901€86,143€93,023▲
Financial income75/76B€1,662€652▼
Recurring financial income75€1,662€652▼
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903€87,760€93,629▲
Income taxes67/77€28,196€30,190▲
Profit (loss) for the period9904€59,564€63,440▲
Profit (loss) for the period to be appropriated9905€59,564€63,440▲
Appropriation of the result
Profit (loss) to be appropriated9906€59,564€63,440▲
Transfer from equity791/2€94,105€44,286▼
Transfer to equity691/2€59,564€63,440▲
To other reserves6921€59,564€63,440▲
Profit to be distributed694/7€94,105€44,286▼
Return on contributions (dividend)694€94,105€44,286▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,726€15,726€16,067€18,582€19,045▲ 2.5%
Other operating charges640/8€468€469€516€528€544▲ 3.0%
Gross operating margin9900€88,079€92,658€105,873€105,253€112,611▲ 7.0%
Operating profit (loss)9901€71,885€76,463€89,290€86,143€93,023▲ 8.0%
Financial income75/76B-€0€513€1,662€652▼ 60.8%
Recurring financial income75-€0€513€1,662€652▼ 60.8%
Financial charges65/66B€316€596€124€45€45=
Recurring financial charges65€316€596€124€45€45=
Profit (loss) for the period before taxes9903€71,569€75,867€89,679€87,760€93,629▲ 6.7%
Income taxes67/77€23,045€24,402€28,639€28,196€30,190▲ 7.1%
Profit (loss) for the period9904€48,524€51,465€61,040€59,564€63,440▲ 6.5%
Profit (loss) for the period to be appropriated9905€48,524€51,465€61,040€59,564€63,440▲ 6.5%
Line20212022202320242025Change
Assets
Total assets20/58€329,655€350,388€363,828€336,985€357,504▲ 6.1%
Fixed assets21/28€279,661€263,935€257,089€261,754€258,155▼ 1.4%
Tangible fixed assets22/27€279,661€263,935€257,089€261,754€258,155▼ 1.4%
Land and buildings22€279,661€263,935€257,089€261,754€258,155▼ 1.4%
Current assets29/58€49,994€86,454€106,739€75,232€99,349▲ 32.1%
Current investments50/53--€90,000€70,000€70,000=
Cash at bank and in hand54/58€49,994€86,454€16,739€5,232€29,349▲ 461%
Equity and liabilities
Total equity and liabilities10/49€329,655€350,388€363,828€336,985€357,504▲ 6.1%
Equity10/15€313,810€332,963€354,858€320,317€339,470▲ 6.0%
Contributions10/11€100€100€100€100€100=
Reserves13€313,710€332,863€354,758€320,217€339,370▲ 6.0%
Non-distributable reserves130/1€10-----
Reserves not available under the articles1311€10-----
Distributable reserves133€313,700€332,863€354,758€320,217€339,370▲ 6.0%
Amounts payable17/49€15,846€17,425€8,971€16,668€18,034▲ 8.2%
Amounts payable within one year42/48€15,846€17,425€8,971€16,668€18,034▲ 8.2%
Financial debts43€4,139€4,375----
Credit institutions430/8€4,139€4,375----
Trade debts44-€272----
Suppliers440/4-€272----
Taxes, remuneration and social security45€11,376€12,447€8,639€16,337€17,703▲ 8.4%
Taxes450/3€11,376€12,447€8,639€16,337€17,703▲ 8.4%
Other amounts payable47/48€331€331€331€331€331=
Line20212022202320242025Change
Profit (loss) for the period9904€48,524€51,465€61,040€59,564€63,440▲ 6.5%
+ Depreciation and write-downs630€15,726€15,726€16,067€18,582€19,045▲ 2.5%
Operating cash flow (approximation)€64,251€67,191€77,107€78,146€82,484▲ 5.6%
Investment in fixed assets (approximation)-€0-€9,222-€23,247-€15,446▲ 33.6%
Change in cash-€36,459-€69,715-€11,508€24,118▲ 310%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity doublescurrent ratio 11.90
Current ratio from 4.96 to 11.90; short-term debt falls from €17,425 to €8,971.
12-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
11-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
22-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €44,286 ▼52.9%
Net result drops to €44,286, the lowest in the series; recovery starts the following year.
23-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
26-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 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, Geraardsbergen · 1 establishment unit since 2004
seat establishment approximate The establishment unit on the map
Ground area
4,073 m²
Parcel 41043A0199/02B000, Flanders. Linked by address, not a title deed.
1 establishment unit
ERIMA IMMO
Astridlaan(Ove) 213, 9500 GeraardsbergenNACE 7020301
since 20042.138.765.074
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41043A0199/02B000 Flanders 4,073 m² - -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded09-07-2004
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.