ERINCO
ActiveERINCO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €180k and a net result of €28k. Equity is growing by ~5.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▲+75
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 34.39 against 85.05 in 2023; short-term debt: 2.9% and cash: 72.4% of total assets), and 2.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 11-06-2025, 50 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
27 d early
2022
40 d early
2021
47 d early
2020
17 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€180k▲ 18.0%
2023 · €153k
2018: €133k
2019: €144k
2020: €195k
2021: €215k
2022: €250k
2023: €153k
2018 → 2024
Total assets
€186k▲ 20.1%
2023 · €155k
2018: €150k
2019: €161k
2020: €208k
2021: €232k
2022: €257k
2023: €155k
2018 → 2024
Net result
€28k
2023 · €-97k
2018: €-3k
2019: €11k
2020: €52k
2021: €20k
2022: €34k
2023: €-97k
2018 → 2024
Working capital
€180k▲ 18.0%
2023 · €153k
2018: €133k
2019: €144k
2020: €195k
2021: €215k
2022: €250k
2023: €153k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€195k-€215k▲ 10.3%€250k▲ 15.9%€153k▼ 38.8%€180k▲ 18.0%
Operating result€-9k-€-8k▲ 13.4%€-8k▼ 4.7%€-7k▲ 14.4%€-7k▲ 4.8%
Net result€52k-€20k▼ 61.2%€34k▲ 70.8%€-97k€28k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2024 against €7k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €186k
Equity
€180k▲ 18.0%
Debt
€5k▲ 197%
The debt ratio rises from 1.2% to 2.9%. Equity and debt are higher.
Key figures and ratios
Solvency
97.1%▼
2023 · 98.8%
Current ratio
34.39▼
2023 · 85.05
Quick ratio
34.39▼
2023 · 85.05
Debt / equity
0.03▲
2023 · 0.01
ROE
15.3%▲
2023 · -63.3%
ROA
14.8%▲
2023 · -62.6%
Debt
€5k▲
2023 · €2k
Debt ≤ 1 year
€5k▲
2023 · €2k
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€155k€186k▲
Current assets29/58€155k€186k▲
Current investments50/53€64k€51k▼
Cash at bank and in hand54/58€90k€134k▲
Equity and liabilities
Total equity and liabilities10/49€155k€186k▲
Equity10/15€153k€180k▲
Contributions10/11€181k€181k=
Profit (loss) carried forward14€-28k€-693▲
Amounts payable17/49€2k€5k▲
Amounts payable within one year42/48€2k€5k▲
Trade debts44€18-
Suppliers440/4€18-
Other amounts payable47/48€2k€5k▲
Income statement
Code20232024
Other operating charges640/8€586€599▲
Gross operating margin9900€-7k€-6k▲
Operating profit (loss)9901€-7k€-7k▲
Financial income75/76B€331€36k▲
Recurring financial income75€331€36k▲
Financial charges65/66B€90k€2k▼
Recurring financial charges65€90k€2k▼
Profit (loss) for the period before taxes9903€-97k€28k▲
Income taxes67/77€160-
Profit (loss) for the period9904€-97k€28k▲
Profit (loss) for the period to be appropriated9905€-97k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-693▲
Profit (loss) brought forward from the previous period14P€69k€-28k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-97k ▼383%
Net result drops to €-97k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 85.05
Current ratio from 33.20 to 85.05; short-term debt falls from €8k to €2k.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 33.20
Current ratio from 13.81 to 33.20; short-term debt falls from €17k to €8k.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €215k ▲10.3%
3 profitable years in a row build equity to €215k.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €52k ▲392%
Net result €52k, the highest in the series.
31-12
Financial
Equity above €150kEq €195k ▲35.9%
2 profitable years in a row build equity to €195k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-07
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.
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, Ninove · 1 establishment unit since 2016
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.
Vuurkruisersstraat 119400 NinoveGround area
5,703 m²
Building footprint
3,902 m²
Volume, LiDAR
43,347 m³
Parcel 41362B1604/00V000, Flanders · tallest building 21.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Erinco
since 20162.250.673.677
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B1604/00V000 | Flanders | 5,703 m² | 1 · 3,902 m² | 21.6 m · 4 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.
Recognitions · licences · registrations
Legal Entity Identifier
213800R4QZKQOLONAO82
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-2016
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.
Contact details
1 entryPhone:054/251067