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ERIVERA

Active
Private limited company (pre-2019)founded 2005active for 21 yearsDamstraat 103, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0874.568.430
Summary

ERIVERA has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,456 and a net result of -€1,467. Equity is shrinking by about 15% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (2 days) Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00028364.

Equity
€33,456▼ 4.2%
2024 · €34,923
Total assets
€49,406▼ 2.9%
2024 · €50,872
Net result
-€1,467▲ 45.3%
2024 · -€2,680
Working capital
€33,124▼ 2.3%
2024 · €33,891
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result stays negative: a loss of €1,446 in 2025 against €2,596 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€1,446 2025 Net result-€1,467 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€10,321--€5,939-€16,499▼ 178%-€10,169▲ 38.4%-€9,774▲ 3.9%-€2,596▲ 73.4%-€1,446▲ 44.3%
Net result€9,595--€5,126-€15,987▼ 212%-€10,236▲ 36.0%-€9,843▲ 3.8%-€2,680▲ 72.8%-€1,467▲ 45.3%
Equity€78,794-€73,668▼ 6.5%€57,681▼ 21.7%€47,445▼ 17.7%€37,602▼ 20.7%€34,923▼ 7.1%€33,456▼ 4.2%
Total assets€99,020-€102,451▲ 3.5%€78,831▼ 23.1%€63,420▼ 19.5%€53,552▼ 15.6%€50,872▼ 5.0%€49,406▼ 2.9%
Debt€20,225-€28,783▲ 42.3%€21,150▼ 26.5%€15,975▼ 24.5%€15,950▼ 0.2%€15,950=€15,950=
Working capital€52,597-€52,133▼ 0.9%€39,811▼ 23.6%€37,220▼ 6.5%€35,055▼ 5.8%€33,891▼ 3.3%€33,124▼ 2.3%
Staff (FTE)1.1-1.5▲ 36.4%0.7▼ 53.3%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49,406
Fixed assets €332 ▼ 67.8%
Current assets €49,074 ▼ 1.5%
Equity and liabilities €49,406
Equity €33,456 ▼ 4.2%
Debt €15,950 =
Debt's share of the balance-sheet total rises from 31.4% to 32.3%. Equity is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€746▲
2024 · -€1,079
Cash flow
-€767▲
2024 · -€1,163
Current ratio
3.08▼
2024 · 3.12
Debt to equity
0.48▲
2024 · 0.46
ROE
-4.4%▲
2024 · -7.7%
ROA
-3.0%▲
2024 · -5.3%
Interest coverage
-9.21▼
2024 · -9.09
Debt ≤ 1 year
€15,950=
2024 · €15,950
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.2% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.2% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,473 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 74.5% 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 12,322 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 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€50,872€49,406▼
Fixed assets21/28€1,031€332▼
Tangible fixed assets22/27€1,031€332▼
Plant, machinery and equipment23€1,031€332▼
Current assets29/58€49,841€49,074▼
Amounts receivable within one year40/41€10€18▲
Other amounts receivable41€10€18▲
Cash at bank and in hand54/58€49,831€49,056▼
Equity and liabilities
Total equity and liabilities10/49€50,872€49,406▼
Equity10/15€34,923€33,456▼
Contributions10/11€6,200€6,200=
Reserves13€22,239€22,239=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€20,379€20,379=
Profit (loss) carried forward14€6,484€5,017▼
Amounts payable17/49€15,950€15,950=
Amounts payable within one year42/48€15,950€15,950=
Other amounts payable47/48€15,950€15,950=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,516€700▼
Other operating charges640/8€732€387▼
Gross operating margin9900-€347-€359▼
Operating profit (loss)9901-€2,596-€1,446▲
Financial income75/76B€34€60▲
Recurring financial income75€34€60▲
Financial charges65/66B€119€81▼
Recurring financial charges65€119€81▼
Profit (loss) for the period before taxes9903-€2,680-€1,467▲
Profit (loss) for the period9904-€2,680-€1,467▲
Profit (loss) for the period to be appropriated9905-€2,680-€1,467▲
Appropriation of the result
Profit (loss) to be appropriated9906€6,484€5,017▼
Profit (loss) brought forward from the previous period14P€9,164€6,484▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62---€7----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,712€8,032€7,313€7,644€7,678€1,516€700▼ 53.9%
Other operating charges640/8---€588-€732€387▼ 47.1%
Gross operating margin9900€62,802€67,636€25,279-€1,931-€2,096-€347-€359▼ 3.4%
Operating profit (loss)9901€10,321-€5,939-€16,499-€10,169-€9,774-€2,596-€1,446▲ 44.3%
Financial income75/76B----€0€34€60▲ 75.2%
Recurring financial income75€993€860€546-€0€34€60▲ 75.2%
Financial charges65/66B---€67€69€119€81▼ 31.7%
Recurring financial charges65€59€47€34€67€69€119€81▼ 31.7%
Profit (loss) for the period before taxes9903€11,254-€5,126-€15,987-€10,236-€9,843-€2,680-€1,467▲ 45.3%
Income taxes67/77€1,659€0------
Profit (loss) for the period9904€9,595-€5,126-€15,987-€10,236-€9,843-€2,680-€1,467▲ 45.3%
Profit (loss) for the period to be appropriated9905€9,595-€2,859-€15,987-€10,236-€9,843-€2,680-€1,467▲ 45.3%
Line2019202020212022202320242025Change
Assets
Total assets20/58€99,020€102,451€78,831€63,420€53,552€50,872€49,406▼ 2.9%
Fixed assets21/28€27,025€21,685€17,870€10,226€2,548€1,031€332▼ 67.8%
Tangible fixed assets22/27€27,025€21,685€17,870€10,226€2,548€1,031€332▼ 67.8%
Plant, machinery and equipment23---€10,226€2,548€1,031€332▼ 67.8%
Current assets29/58€71,995€80,766€60,961€53,194€51,005€49,841€49,074▼ 1.5%
Stocks and contracts in progress3€4,174€3,655------
Amounts receivable within one year40/41€4,359€3,815€12,617--€10€18▲ 75.3%
Other amounts receivable41-----€10€18▲ 75.3%
Current investments50/53€9,989-------
Cash at bank and in hand54/58€50,643€70,857€47,451€53,194€51,005€49,831€49,056▼ 1.6%
Equity and liabilities
Total equity and liabilities10/49€99,020€102,451€78,831€63,420€53,552€50,872€49,406▼ 2.9%
Equity10/15€78,794€73,668€57,681€47,445€37,602€34,923€33,456▼ 4.2%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200=
Reserves13€24,505€22,239€22,239€22,239€22,239€22,239€22,239=
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860=
Distributable reserves133---€20,379€20,379€20,379€20,379=
Profit (loss) carried forward14€48,089€45,229€29,242€19,006€9,164€6,484€5,017▼ 22.6%
Amounts payable17/49€20,225€28,783€21,150€15,975€15,950€15,950€15,950=
Amounts payable within one year42/48€19,398€28,633€21,150€15,975€15,950€15,950€15,950=
Trade debts44€6,780€3,050€123-----
Other amounts payable47/48---€15,975€15,950€15,950€15,950=
Line2019202020212022202320242025Change
Profit (loss) for the period9904€9,595-€5,126-€15,987-€10,236-€9,843-€2,680-€1,467▲ 45.3%
+ Depreciation and write-downs630€10,712€8,032€7,313€7,644€7,678€1,516€700▼ 53.9%
Operating cash flow (approximation)€20,307€2,905-€8,674-€2,591-€2,165-€1,163-€767▲ 34.1%
Investment in fixed assets (approximation)--€2,692-€3,498€0€0€0€0-
Change in cash-€20,213-€23,405€5,743-€2,190-€1,174-€775▲ 34.0%

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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Latest 10 of 20 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 micro format 02-02-2026 2026-00028364
30-06-2024 micro format 03-02-2025 2025-00027284
30-06-2023 micro format 30-01-2024 2024-00019102
30-06-2022 micro format 30-01-2023 2023-00016164
30-06-2021 micro format 31-01-2022 2022-04300597
30-06-2020 micro format 24-02-2021 2021-06600038
30-06-2019 micro format 05-12-2019 2019-75400080
30-06-2018 micro format 27-11-2018 2018-72900119
30-06-2017 micro format 26-12-2017 2017-73100302
30-06-2016 abbreviated format 29-11-2016 2016-68700254

Show all 20 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.