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Erithai

Active
Private limited companyfounded 2015active for 11 yearsGrote Markt 9, 2800 Mechelen, BelgiumKBO/BCE: BE 0598.927.092
Summary

The computed 12-month bankruptcy probability of Erithai is 9.9% (elevated). The 2024 annual accounts show negative equity (-€108) and a net result of €14,597. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 18,740 sector peers (NACE 56, financial year 2024). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Full-service restaurants NACE 56111
1 site
Size
≈ €350,000turnover 2024, estimated
Staff
10.4 FTE
Equity
-€108
Profit
€14,597
Turnover estimated from the gross margin
Financial health
33 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
9.9%
Structure
2025 accounts not filed, 89 days past the deadline2 of 7 deeds summarised
Why 33raises risk1 change of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 68 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 13-10-2025)Sector: Food and beverage service activities (NACE 56)Show the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 49% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Weak
Solvency 25+21
equity -0.1% of total assets
Liquidity 13-13
short-term debt 99.5% · cash 10.4%
Profitability 82+82
return on assets 11.0%
Bankruptcy probability, 12 months
9.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,766 companies, NACE 56, micro)
Last 24 months 11-2024: 7.3% 12-2024: 7.3%● unchanged vs 11-2024 01-2025: 7.2%▼ -0.1 percentage points vs 12-2024 02-2025: 7.2%● unchanged vs 01-2025 03-2025: 7.1%▼ -0.1 percentage points vs 02-2025 04-2025: 7.2%▲ +0.1 percentage points vs 03-2025 05-2025: 7.1%▼ -0.1 percentage points vs 04-2025 06-2025: 6.9%▼ -0.2 percentage points vs 05-2025 07-2025: 7.0%▲ +0.1 percentage points vs 06-2025 08-2025: 7.6%▲ +0.6 percentage points vs 07-2025 09-2025: 8.2%▲ +0.6 percentage points vs 08-2025 10-2025: 8.7%▲ +0.5 percentage points vs 09-2025 11-2025: 5.8%▼ -2.9 percentage points vs 10-2025 12-2025: 3.5%▼ -2.3 percentage points vs 11-2025 01-2026: 3.5%● unchanged vs 12-2025 02-2026: 3.6%▲ +0.1 percentage points vs 01-2026 03-2026: 3.4%▼ -0.2 percentage points vs 02-2026 04-2026: 3.5%▲ +0.1 percentage points vs 03-2026 05-2026: 3.4%▼ -0.1 percentage points vs 04-2026 06-2026: 3.2%▼ -0.2 percentage points vs 05-2026lowest value 07-2026: 3.3%▲ +0.1 percentage points vs 06-2026 08-2026: 4.0%▲ +0.7 percentage points vs 07-2026 09-2026: 4.5%▲ +0.5 percentage points vs 08-2026 10-2026: 9.9%▲ +5.4 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.96, compared with 0.75 in 2023, below 1; short-term debt: 99.5% and cash: 10.4% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 26% on solvency, 12% on liquidity, 69% on profitability and 89% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 68 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 13-10-2025)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.
NBB · 9 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline28-10-2026 today
raises risk · 2024 accounts filed 68 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
not filed
2024
68 days late
2023
85 days late
2022
31 days late
2021
30 days late
2020
30 days late
2019
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 38 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Back to profitnet €14,597

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€108 View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View
  • Positive: Staff rose in 2024from 6.9 FTE to 10.4 FTE ▲ 50.7% View

By topic

Financials

Financial year
2024
Total assets
€133,143
Profit
€14,597
Solvency
-0.1%
Total assets▲ 87.9%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2017
  1. 10-12-2024Amendment of the articles · Legal-form change…
  2. 24-10-2024Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
24-02-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
49
Annual meeting
Second Monday of June at 20:00
Purpose
“Het management van om het even welke ondernemingen en vennootschappen en het eventueel…” (deed in Dutch)
Go to Articles of association

Key facts about Erithai

What is the company number of Erithai?
0598.927.092. In Belgium the VAT number is the company number with BE in front: BE 0598.927.092.
Where is Erithai based?
The registered office is at Grote Markt 9, 2800 Mechelen.Company details
What does Erithai do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of Erithai?
Private limited company (BV).
When was Erithai founded?
On 24-02-2015.
Is Erithai still active?
Yes, Erithai is an active enterprise in the KBO register.
How many employees does Erithai have?
On average 10.4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Erithai?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Erithai profitable?
In financial year 2024, Erithai made a profit of €14,597.
Where can I find the annual accounts of Erithai?
Erithai filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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