ERIPAT
ActiveSummary
ERIPAT has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €390k and a net result of €111k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 64% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability89▼-10
Solvency81▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 3.01 in 2024; short-term debt: 43.3% and cash: 24.8% of total assets), and 43.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.4%
Return on assets
16%
Age of the figures
12 mo
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 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
132 d early
2023
117 d early
2022
136 d early
2021
89 d early
2020
113 d early
2019
99 d early
← before the deadline
after the deadline →
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
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€390k▲ 2.9%
2024 · €379k
2018: €155klowest value
2019: €220k▲ +42.3% vs 2018
2021: €351k
2022: €379k▲ +8.2% vs 2021
2023: €379k▼ -0.2% vs 2022
2024: €379k▲ +0.2% vs 2023
2025: €390k▲ +2.9% vs 2024highest value
2018 → 2025
Total assets
€692k▼ 9.7%
2024 · €766k
2018: €348klowest value
2019: €588k▲ +68.7% vs 2018
2021: €697k
2022: €745k▲ +7.0% vs 2021
2023: €1.10M▲ +47.0% vs 2022highest value
2024: €766k▼ -30.0% vs 2023
2025: €692k▼ -9.7% vs 2024
2018 → 2025
Net result
€111k▼ 40.2%
2024 · €186k
2018: €16klowest value
2019: €65k▲ +311% vs 2018
2021: €63k
2022: €32k▼ -49.7% vs 2021
2023: €569k▲ +1696% vs 2022highest value
2024: €186k▼ -67.4% vs 2023
2025: €111k▼ -40.2% vs 2024
2018 → 2025
Working capital
€330k▼ 27.2%
2024 · €453k
2018: €-56klowest value
2019: €-27k▲ +51.5% vs 2018
2021: €157k
2022: €193k▲ +23.2% vs 2021
2023: €291k▲ +50.5% vs 2022
2024: €453k▲ +55.9% vs 2023highest value
2025: €330k▼ -27.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€351k-€379k▲ 8.2%€379k▼ 0.2%€379k▲ 0.2%€390k▲ 2.9%
2021: €351klowest in 5 years
2022: €379k▲ +8.2% vs 2021
2023: €379k▼ -0.2% vs 2022
2024: €379k▲ +0.2% vs 2023
2025: €390k▲ +2.9% vs 2024highest in 5 years
Operating result€90k-€51k▼ 43.4%€581k▲ 1,038%€198k▼ 65.9%€120k▼ 39.4%
2021: €90k
2022: €51k▼ -43.4% vs 2021lowest in 5 years
2023: €581k▲ +1038% vs 2022highest in 5 years
2024: €198k▼ -65.9% vs 2023
2025: €120k▼ -39.4% vs 2024
Net result€63k-€32k▼ 49.7%€569k▲ 1,696%€186k▼ 67.4%€111k▼ 40.2%
2021: €63k
2022: €32k▼ -49.7% vs 2021lowest in 5 years
2023: €569k▲ +1696% vs 2022highest in 5 years
2024: €186k▼ -67.4% vs 2023
2025: €111k▼ -40.2% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €692k
Fixed assets
€63k ▼ 28.3%
Current assets
€629k ▼ 7.3%
Equity and liabilities €692k
Equity
€390k ▲ 2.9%
Debt
€302k ▼ 22.1%
Debt's share of the balance-sheet total falls from 50.5% to 43.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€147k▼
2024 · €224k
Cash flow
€138k▼
2024 · €212k
Current ratio
2.10▼
2024 · 3.01
Quick ratio
1.64▼
2024 · 2.92
Debt to equity
0.77▼
2024 · 1.02
ROE
28.5%▼
2024 · 49.0%
ROA
16.0%▼
2024 · 24.2%
Interest coverage
100.94▼
2024 · 122.63
Debt ≤ 1 year
€299k▲
2024 · €226k
Income taxes
€8k▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€766k€692k▼
Fixed assets21/28€87k€63k▼
Tangible fixed assets22/27€87k€63k▼
Land and buildings22€53k€37k▼
Plant, machinery and equipment23€8k€9k▲
Furniture and vehicles24€27k€17k▼
Current assets29/58€679k€629k▼
Stocks and contracts in progress3€20k€138k▲
Contracts in progress37€20k€138k▲
Amounts receivable within one year40/41€298k€318k▲
Trade receivables40€274k€315k▲
Other amounts receivable41€24k€3k▼
Cash at bank and in hand54/58€359k€171k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€766k€692k▼
Equity10/15€379k€390k▲
Contributions10/11€19k€19k=
Reserves13€361k€372k▲
Distributable reserves133€361k€372k▲
Amounts payable17/49€387k€302k▼
Amounts payable after more than one year17€6k-
Financial debts170/4€6k-
Amounts payable within one year42/48€226k€299k▲
Current portion of amounts payable after more than one year42€13k€6k▼
Trade debts44€25k€156k▲
Suppliers440/4€25k€156k▲
Taxes, remuneration and social security45€2k€38k▲
Taxes450/3€2k€38k▲
Other amounts payable47/48€185k€100k▼
Accrued charges and deferred income492/3€156k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€27k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€226k€149k▼
Operating profit (loss)9901€198k€120k▼
Financial income75/76B€569€447▼
Recurring financial income75€569€447▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€197k€119k▼
Income taxes67/77€11k€8k▼
Profit (loss) for the period9904€186k€111k▼
Profit (loss) for the period to be appropriated9905€186k€111k▼
Appropriation of the result
Profit (loss) to be appropriated9906€186k€111k▼
Transfer to equity691/2€607€11k▲
To other reserves6921€607€11k▲
Profit to be distributed694/7€185k€100k▼
Directors or managers695€185k€100k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €5k | €146k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26k | €28k | €30k | €26k | €27k | ▲ 2.0% |
| Other operating charges640/8 | - | €9k | €2k | €2k | €3k | ▲ 22.7% |
| Gross operating margin9900 | €120k | €88k | €614k | €226k | €149k | ▼ 34.0% |
| Operating profit (loss)9901 | €90k | €51k | €581k | €198k | €120k | ▼ 39.4% |
| Financial income75/76B | - | €863 | - | €569 | €447 | ▼ 21.4% |
| Recurring financial income75 | €1k | €863 | - | €569 | €447 | ▼ 21.4% |
| Financial charges65/66B | - | €7k | €6k | €2k | €1k | ▼ 20.5% |
| Recurring financial charges65 | €10k | €7k | €6k | €2k | €1k | ▼ 20.5% |
| Profit (loss) for the period before taxes9903 | €81k | €44k | €575k | €197k | €119k | ▼ 39.5% |
| Income taxes67/77 | €18k | €13k | €6k | €11k | €8k | ▼ 27.8% |
| Profit (loss) for the period9904 | €63k | €32k | €569k | €186k | €111k | ▼ 40.2% |
| Profit (loss) for the period to be appropriated9905 | €63k | €32k | €569k | €186k | €111k | ▼ 40.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €697k | €745k | €1.10M | €766k | €692k | ▼ 9.7% |
| Fixed assets21/28 | €468k | €489k | €109k | €87k | €63k | ▼ 28.3% |
| Tangible fixed assets22/27 | €468k | €489k | €109k | €87k | €63k | ▼ 28.3% |
| Land and buildings22 | - | €437k | €69k | €53k | €37k | ▼ 30.0% |
| Plant, machinery and equipment23 | - | €2k | - | €8k | €9k | ▲ 11.7% |
| Furniture and vehicles24 | - | €50k | €40k | €27k | €17k | ▼ 36.9% |
| Current assets29/58 | €229k | €257k | €987k | €679k | €629k | ▼ 7.3% |
| Amounts receivable after more than one year29 | - | €6k | - | - | - | - |
| Other amounts receivable291 | - | €6k | - | - | - | - |
| Stocks and contracts in progress3 | - | - | - | €20k | €138k | ▲ 588% |
| Contracts in progress37 | - | - | - | €20k | €138k | ▲ 588% |
| Amounts receivable within one year40/41 | €104k | €144k | €407k | €298k | €318k | ▲ 6.8% |
| Trade receivables40 | - | €113k | €381k | €274k | €315k | ▲ 15.0% |
| Other amounts receivable41 | - | €31k | €26k | €24k | €3k | ▼ 87.2% |
| Cash at bank and in hand54/58 | €93k | €98k | €578k | €359k | €171k | ▼ 52.2% |
| Deferred charges and accrued income490/1 | - | €9k | €1k | €2k | €2k | ▼ 11.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €697k | €745k | €1.10M | €766k | €692k | ▼ 9.7% |
| Equity10/15 | €351k | €379k | €379k | €379k | €390k | ▲ 2.9% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €332k | €361k | €360k | €361k | €372k | ▲ 3.1% |
| Distributable reserves133 | - | €361k | €360k | €361k | €372k | ▲ 3.1% |
| Amounts payable17/49 | €346k | €366k | €717k | €387k | €302k | ▼ 22.1% |
| Amounts payable after more than one year17 | €272k | €297k | €19k | €6k | - | - |
| Financial debts170/4 | - | €297k | €19k | €6k | - | - |
| Amounts payable within one year42/48 | €72k | €63k | €696k | €226k | €299k | ▲ 32.6% |
| Current portion of amounts payable after more than one year42 | - | €20k | €13k | €13k | €6k | ▼ 57.6% |
| Trade debts44 | €57k | €41k | €70k | €25k | €156k | ▲ 514% |
| Suppliers440/4 | - | €41k | €70k | €25k | €156k | ▲ 514% |
| Taxes, remuneration and social security45 | - | €3k | €43k | €2k | €38k | ▲ 1,824% |
| Taxes450/3 | - | €3k | €43k | €2k | €38k | ▲ 1,824% |
| Remuneration and social security454/9 | - | - | €244 | - | - | - |
| Other amounts payable47/48 | - | - | €570k | €185k | €100k | ▼ 45.9% |
| Accrued charges and deferred income492/3 | - | €6k | €2k | €156k | €2k | ▼ 98.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €63k | €32k | €569k | €186k | €111k | ▼ 40.2% |
| + Depreciation and write-downs630 | €26k | €28k | €30k | €26k | €27k | ▲ 2.0% |
| Operating cash flow (approximation) | €89k | €60k | €599k | €212k | €138k | ▼ 35.0% |
| Investment in fixed assets (approximation) | - | €-49k | €350k | €-5k | €-2k | ▲ 63.3% |
| Change in cash | - | €5k | €481k | €-220k | €-187k | ▲ 14.6% |
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
07-09
State Gazette act
Resignation: Eric Borremans (director)2 facts ▸
State Gazette act
Resignation: Eric Borremans (director)
2 facts ▸
- General meeting, 19-08-2026
- Director resignation, Eric Borremans (director)
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-09
Financial
Liquidity doublescurrent ratio 3.01
Current ratio from 1.42 to 3.01; short-term debt falls from €696k to €226k.
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €569k ▲1,696%
Operating result €581k, net result €569k, both a record.
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Liquidity times 5current ratio 3.17
Current ratio from 0.67 to 3.17; short-term debt falls from €81k to €72k.
07-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Equity above €200kEq €220k ▲42.3%
2 profitable years in a row build equity to €220k.
Show earlier events
2018
13-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
25-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
19-08-2026
Resigned as Director
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Duffel · 1 establishment unit since 1996
Ground area
325 m²
Building footprint
325 m²
Volume, LiDAR
4,301 m³
Parcel 12009A0659/00C002, Flanders · tallest building 16.8 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
ERIPAT
since 19962.076.822.557
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12009A0659/00C002 | Flanders | 325 m² | 1 · 325 m² | 16.8 m · 4 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.
Similar companies · same sector, comparable size
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Kontich · Eq €390,334
QUALITY CONSTRUCTION
BE 0690.777.085
Sint-Gillis (bij-Brussel) · Eq €390,342
CHAPEWERKEN VERHULST
BE 0422.177.850
Wevelgem · Eq €390,348
HEYNS
BE 0822.574.648
Ravels · Eq €390,357
Of 15,521 companies in sector 43990 we hold annual accounts for 7,414. 4,980 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-03-1996
Fiscal year end30-09
Activities, NACEBEL 2025
43990Other specialised construction activities
43341Painting of buildings
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.