Erix
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 5 days after the deadline Filed on 5 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00390356.
Annual accounts 2025 filed on 05-08-2026 at the NBB all 4 filings
Every figure per financial year
The operating result for 2025 is a loss of €1,556, larger than the loss of €1,420 in 2024. It is the lowest result since 2022.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,457 | €1,041 | €0 | - | - |
| Other operating charges640/8 | - | €109 | €118 | €583 | ▲ 394% |
| Gross operating margin9900 | €4,509 | €907 | -€1,302 | -€973 | ▲ 25.3% |
| Operating profit (loss)9901 | €3,052 | -€243 | -€1,420 | -€1,556 | ▼ 9.6% |
| Financial income75/76B | €0 | €0 | €139 | €237 | ▲ 70.4% |
| Recurring financial income75 | €0 | €0 | €139 | €237 | ▲ 70.4% |
| Financial charges65/66B | €172 | €171 | €275 | €214 | ▼ 22.2% |
| Recurring financial charges65 | €172 | €171 | €275 | €214 | ▼ 22.2% |
| Profit (loss) for the period before taxes9903 | €2,880 | -€414 | -€1,556 | -€1,533 | ▲ 1.5% |
| Income taxes67/77 | €589 | €0 | - | - | - |
| Profit (loss) for the period9904 | €2,291 | -€414 | -€1,556 | -€1,533 | ▲ 1.5% |
| Profit (loss) for the period to be appropriated9905 | €2,291 | -€414 | -€1,556 | -€1,533 | ▲ 1.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €11,627 | €17,042 | €5,989 | €4,712 | ▼ 21.3% |
| Formation expenses20 | €1,041 | €0 | - | - | - |
| Current assets29/58 | €10,586 | €17,042 | €5,989 | €4,712 | ▼ 21.3% |
| Amounts receivable within one year40/41 | €2,074 | €0 | €4,596 | €4,165 | ▼ 9.4% |
| Trade receivables40 | €2,074 | €0 | - | - | - |
| Other amounts receivable41 | - | - | €4,596 | €4,165 | ▼ 9.4% |
| Cash at bank and in hand54/58 | €7,843 | €17,042 | €1,393 | €547 | ▼ 60.7% |
| Deferred charges and accrued income490/1 | €669 | €0 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €11,627 | €17,042 | €5,989 | €4,712 | ▼ 21.3% |
| Equity10/15 | €7,291 | €6,877 | €5,321 | €3,787 | ▼ 28.8% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €2,291 | €1,877 | €321 | €0 | ▼ 100% |
| Distributable reserves133 | €2,291 | €1,877 | €321 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | - | - | -€1,213 | - |
| Amounts payable17/49 | €4,335 | €10,165 | €669 | €925 | ▲ 38.2% |
| Amounts payable within one year42/48 | €4,335 | €10,165 | €669 | €925 | ▲ 38.2% |
| Trade debts44 | €1,090 | €4,033 | €669 | €925 | ▲ 38.2% |
| Suppliers440/4 | €1,090 | €4,033 | €669 | €925 | ▲ 38.2% |
| Taxes, remuneration and social security45 | €589 | €589 | €0 | - | - |
| Taxes450/3 | €589 | €589 | €0 | - | - |
| Other amounts payable47/48 | €2,656 | €5,543 | €0 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,291 | -€414 | -€1,556 | -€1,533 | ▲ 1.5% |
| + Depreciation and write-downs630 | €1,457 | €1,041 | €0 | - | - |
| Operating cash flow (approximation) | €3,748 | €627 | -€1,556 | -€1,533 | ▲ 1.5% |
| Change in cash | - | €9,199 | -€15,649 | -€846 | ▲ 94.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,223 companies had the same profile as Erix has now. Two years later, 87.7% were still going and 3.4% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Erix itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,223 companies, not a prediction for Erix. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.