ERIPAS
ActiveSummary
ERIPAS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€3,261) and a net result of €9,296. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 13560 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▲+90
Solvency19▲+19
Growth38=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.74 against 0.48 in 2024; short-term debt: 98.7% and cash: 39% of total assets), and equity is negative.
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Signals
Seven 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
-5.8%
Return on assets
16.6%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 13560 sector peers (2025).
NBB · sector comparisonPosition among 13560 sector peers
Solvency
better than 23%
← weakest
strongest →
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
30 d early
2021
47 d early
2020
42 d early
2019
70 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€18,889▼ 91.3%
2020 · €216,655
EBIT margin
-206.6%▼ 205.0pp
2020 · -1.6%
Net result
€9,296
2024 · -€9,511
Working capital
-€14,302▲ 55.0%
2024 · -€31,799
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
Turnover€18,889▼ 91.3%
Operating result-€39,027▼ 1,045%-€61,448▼ 57.5%-€36,124▲ 41.2%-€13,656▲ 62.2%€10,055
Net result€50,364▲ 1,694%-€19,954-€36,480▼ 82.8%-€9,511▲ 73.9%€9,296
EBIT margin-206.6%▼ 205.0pp
Equity€53,388▲ 1,665%€33,434▼ 37.4%-€3,046-€12,556▼ 312%-€3,261▲ 74.0%
Total assets€75,696▼ 4.3%€94,142▲ 24.4%€67,352▼ 28.5%€49,050▼ 27.2%€55,884▲ 13.9%
Debt€22,308▼ 70.7%€60,708▲ 172%€70,398▲ 16.0%€61,606▼ 12.5%€59,145▼ 4.0%
Working capital€49,976€26,423▼ 47.1%-€27,396-€31,799▼ 16.1%-€14,302▲ 55.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10,055 after a loss of €13,656 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €55,884
Fixed assets
€15,042 ▼ 21.8%
Current assets
€40,843 ▲ 37.0%
Key figures and ratios
EBITDA
€14,256▲
2024 · -€8,548
Cash flow
€13,497▲
2024 · -€4,403
Solvency
-5.8%▲
2024 · -25.6%
Current ratio
0.74▲
2024 · 0.48
Quick ratio
0.56▲
2024 · 0.33
Debt to equity
-18.14▼
2024 · -4.91
ROA
16.6%▲
2024 · -19.4%
Interest coverage
17.35▲
2024 · -8.33
Debt ≤ 1 year
€55,145▼
2024 · €61,606
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,799 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.5%
went bankrupt
5.3%
stopped otherwise
91%
still going
A further 0.8% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 3,799 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €18,889 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,106 | €1,540 | €3,767 | €5,108 | €4,201 | ▼ 17.8% |
| Other operating charges640/8 | - | €7,497 | €11,230 | €10,010 | €6,695 | ▼ 33.1% |
| Gross operating margin9900 | -€22,894 | -€52,412 | -€21,127 | €1,461 | €20,951 | ▲ 1,334% |
| Operating profit (loss)9901 | -€39,027 | -€61,448 | -€36,124 | -€13,656 | €10,055 | ▲ 174% |
| Financial income75/76B | - | €44,000 | €9 | €5,172 | €63 | ▼ 98.8% |
| Recurring financial income75 | €0 | €44,000 | €9 | €172 | €63 | ▼ 63.5% |
| Non-recurring financial income76B | - | €44,000 | - | €5,000 | - | - |
| Financial charges65/66B | - | €2,505 | €365 | €1,026 | €822 | ▼ 19.9% |
| Recurring financial charges65 | €776 | €2,505 | €365 | €1,026 | €822 | ▼ 19.9% |
| Profit (loss) for the period before taxes9903 | €50,364 | -€19,954 | -€36,480 | -€9,511 | €9,296 | ▲ 198% |
| Profit (loss) for the period9904 | €50,364 | -€19,954 | -€36,480 | -€9,511 | €9,296 | ▲ 198% |
| Profit (loss) for the period to be appropriated9905 | €50,364 | -€19,954 | -€36,480 | -€9,511 | €9,296 | ▲ 198% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €75,696 | €94,142 | €67,352 | €49,050 | €55,884 | ▲ 13.9% |
| Fixed assets21/28 | €3,412 | €7,011 | €24,350 | €19,242 | €15,042 | ▼ 21.8% |
| Tangible fixed assets22/27 | €3,412 | €7,011 | €24,350 | €19,242 | €15,042 | ▼ 21.8% |
| Plant, machinery and equipment23 | - | €4,438 | €22,420 | €17,957 | €14,399 | ▼ 19.8% |
| Other tangible fixed assets26 | - | €2,573 | €1,931 | €1,286 | €643 | ▼ 50.0% |
| Current assets29/58 | €72,284 | €87,131 | €43,002 | €29,807 | €40,843 | ▲ 37.0% |
| Stocks and contracts in progress3 | €9,978 | €13,794 | €16,290 | €9,189 | €10,208 | ▲ 11.1% |
| Stocks30/36 | - | €13,794 | €16,290 | €9,189 | €10,208 | ▲ 11.1% |
| Amounts receivable within one year40/41 | €10,072 | €31,992 | €10,524 | €2,125 | €8,552 | ▲ 302% |
| Trade receivables40 | - | €29,798 | €10,524 | €2,125 | €7,729 | ▲ 264% |
| Other amounts receivable41 | - | €2,194 | - | - | €823 | - |
| Cash at bank and in hand54/58 | €50,704 | €38,725 | €15,274 | €16,646 | €21,808 | ▲ 31.0% |
| Deferred charges and accrued income490/1 | - | €2,620 | €914 | €1,847 | €274 | ▼ 85.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €75,696 | €94,142 | €67,352 | €49,050 | €55,884 | ▲ 13.9% |
| Equity10/15 | €53,388 | €33,434 | -€3,046 | -€12,556 | -€3,261 | ▲ 74.0% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €47,188 | €27,234 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | €25,375 | - | - | - | - |
| Profit (loss) carried forward14 | -€15,279 | - | -€11,105 | -€20,616 | -€11,320 | ▲ 45.1% |
| Amounts payable17/49 | €22,308 | €60,708 | €70,398 | €61,606 | €59,145 | ▼ 4.0% |
| Amounts payable within one year42/48 | €22,308 | €60,708 | €70,398 | €61,606 | €55,145 | ▼ 10.5% |
| Trade debts44 | €15,514 | €41,523 | €39,790 | €34,328 | €37,379 | ▲ 8.9% |
| Suppliers440/4 | - | €41,523 | €39,790 | €34,328 | €37,379 | ▲ 8.9% |
| Taxes, remuneration and social security45 | - | €14,313 | €25,571 | €22,305 | €9,833 | ▼ 55.9% |
| Taxes450/3 | - | €14,313 | €25,571 | €18,555 | €9,833 | ▼ 47.0% |
| Remuneration and social security454/9 | - | - | - | €3,750 | - | - |
| Other amounts payable47/48 | - | €4,872 | €5,037 | €4,974 | €7,933 | ▲ 59.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | €4,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50,364 | -€19,954 | -€36,480 | -€9,511 | €9,296 | ▲ 198% |
| + Depreciation and write-downs630 | €9,106 | €1,540 | €3,767 | €5,108 | €4,201 | ▼ 17.8% |
| Operating cash flow (approximation) | €59,471 | -€18,414 | -€32,713 | -€4,403 | €13,497 | ▲ 407% |
| Investment in fixed assets (approximation) | - | -€5,139 | -€21,106 | €0 | €0 | - |
| Change in cash | - | -€11,979 | -€23,451 | €1,372 | €5,162 | ▲ 276% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €9,296
Net result €9,296 after 3 loss-making years.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet -€36,480
Net result drops to -€36,480, the lowest in the series; recovery starts the following year.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €50,364 ▲1,694%
Net result €50,364, the highest in the series.
30-09
Financial
Liquidity triplescurrent ratio 3.24
Current ratio from 0.94 to 3.24; short-term debt falls from €70,821 to €22,308.
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €2,807
Net result €2,807 after 2 loss-making years.
20-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
19-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
06-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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 1990
Ground area
410 m²
Building footprint
331 m²
Volume, LiDAR
3,117 m³
Parcel 21332B0350/00E005, Brussels · tallest building 15.9 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ERIPAS SCRL
since 19902.049.585.947
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0350/00E005 | Brussels | 410 m² | 1 · 331 m² | 15.9 m · 3 fl. |
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.
Structure & network
Owners and holdings
1 ownerOwners 1
-
26.5%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Food safety, FASFC
1 siteOudergem2.049.585.947
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Of 333 companies in sector 56302 we hold annual accounts for 169. 135 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded17-09-1990
Fiscal year end30-09
Activities, NACEBEL 2025
56302Nightclubs
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441498369
Registered
01-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.