ERIZO DISTRIBUTION SA
ActiveSummary
ERIZO DISTRIBUTION SA has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €358,600 and a net result of -€35,755. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 15% of 3241 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability17▼-7
Solvency36▼-1
Growth52=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity short (current ratio 0.73 against 1.16 in 2024; short-term debt: 17% and cash: 0.8% of total assets), and 89.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 3241 sector peers (2025).
NBB · sector comparisonPosition among 3241 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
2 d early
2023
98 d late
2022
31 d late
2021
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#3 company by total assets in Paliseul, Professional and technical services sector#9 company by equity in Paliseul, Professional and technical services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€35,755
2024 · €409
Working capital
-€150,853
2024 · €50,315
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€180,434-€105,943▼ 41.3%€134,534▲ 27.0%€23,995▼ 82.2%-€6,915
Net result€129,787within the sector's middle half-€81,457within the sector's middle half▼ 37.2%€82,702within the sector's middle half▲ 1.5%€409within the sector's middle half▼ 99.5%-€35,755below the sector's middle half
Equity€229,787within the sector's middle half-€311,244within the sector's middle half▲ 35.4%€393,946within the sector's middle half▲ 26.6%€394,355within the sector's middle half▲ 0.1%€358,600within the sector's middle half▼ 9.1%
Total assets€1.2mwithin the sector's middle half-€966,259within the sector's middle half▼ 17.8%€3.5mwithin the sector's middle half▲ 262%€3.3mwithin the sector's middle half▼ 5.5%€3.3mwithin the sector's middle half▲ 1.2%
Debt€945,628-€655,015▼ 30.7%€3.1m▲ 374%€2.9m▼ 6.2%€3.0m▲ 2.6%
Working capital-€229,920below the sector's middle half--€227,743below the sector's middle half▲ 0.9%-€88,438within the sector's middle half▲ 61.2%€50,315within the sector's middle half-€150,853within the sector's middle half
Solvency19.5%below the sector's middle half-32.2%within the sector's middle half▲ 12.7pp11.3%below the sector's middle half▼ 20.9pp11.9%below the sector's middle half▲ 0.7pp10.7%below the sector's middle half▼ 1.2pp
Current ratio0.61within the sector's middle half-0.39below the sector's middle half▼ 0.220.86within the sector's middle half▲ 0.471.16within the sector's middle half▲ 0.290.73within the sector's middle half▼ 0.42
Return on assets (ROA)11.0%within the sector's middle half-8.4%within the sector's middle half▼ 2.6pp2.4%within the sector's middle half▼ 6.1pp0.0%below the sector's middle half▼ 2.4pp-1.1%below the sector's middle half▼ 1.1pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6,915 after €23,995 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.3m
Fixed assets
€2.9m =
Current assets
€417,836 ▲ 11.5%
Equity and liabilities €3.3m
Equity
€358,600 ▼ 9.1%
Debt
€3.0m ▲ 2.6%
Debt's share of the balance-sheet total rises from 88.1% to 89.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€4,479▼
2024 · €26,939
Cash flow
-€33,319▼
2024 · €3,352
Debt to equity
8.33▲
2024 · 7.38
ROE
-10.0%▼
2024 · 0.1%
Interest coverage
-0.10▼
2024 · 0.63
Debt ≤ 1 year
€568,688▲
2024 · €324,494
Debt > 1 year
€2.4m▼
2024 · €2.6m
Income taxes
€0▲
2024 · -€1,813
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €320 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,280 | €2,550 | €3,083 | €2,943 | €2,437 | ▼ 17.2% |
| Other operating charges640/8 | - | €132 | €1,110 | €1,545 | €998 | ▼ 35.4% |
| Gross operating margin9900 | €183,034 | €108,625 | €138,728 | €28,484 | -€3,480 | ▼ 112% |
| Operating profit (loss)9901 | €180,434 | €105,943 | €134,534 | €23,995 | -€6,915 | ▼ 129% |
| Financial income75/76B | €3,472 | €4,851 | €9,458 | €17,450 | €17,352 | ▼ 0.6% |
| Recurring financial income75 | €3,472 | €4,851 | €9,458 | €17,450 | €17,352 | ▼ 0.6% |
| Financial charges65/66B | €10,010 | €8,851 | €31,289 | €42,849 | €46,192 | ▲ 7.8% |
| Recurring financial charges65 | €10,010 | €8,851 | €31,289 | €42,849 | €46,192 | ▲ 7.8% |
| Profit (loss) for the period before taxes9903 | €173,896 | €101,943 | €112,703 | -€1,404 | -€35,755 | ▼ 2,447% |
| Income taxes67/77 | €44,109 | €20,486 | €30,000 | -€1,813 | €0 | ▲ 100% |
| Profit (loss) for the period9904 | €129,787 | €81,457 | €82,702 | €409 | -€35,755 | ▼ 8,841% |
| Profit (loss) for the period to be appropriated9905 | €129,787 | €81,457 | €82,702 | €409 | -€35,755 | ▼ 8,841% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €966,259 | €3.5m | €3.3m | €3.3m | ▲ 1.2% |
| Formation expenses20 | €13,340 | €11,834 | €10,328 | €8,822 | €7,316 | ▼ 17.1% |
| Fixed assets21/28 | €806,819 | €807,776 | €2.9m | €2.9m | €2.9m | = |
| Tangible fixed assets22/27 | €3,742 | €4,699 | €6,923 | €5,485 | €4,555 | ▼ 17.0% |
| Plant, machinery and equipment23 | €1,001 | €761 | €4,295 | €3,674 | €3,054 | ▼ 16.9% |
| Furniture and vehicles24 | €2,741 | €3,938 | €2,628 | €1,811 | €1,501 | ▼ 17.1% |
| Financial fixed assets28 | €803,077 | €803,077 | €2.9m | €2.9m | €2.9m | = |
| Current assets29/58 | €355,256 | €146,649 | €563,064 | €374,809 | €417,836 | ▲ 11.5% |
| Amounts receivable within one year40/41 | €348,573 | €137,552 | €530,808 | €332,859 | €372,834 | ▲ 12.0% |
| Trade receivables40 | €282,086 | €53,827 | €187,550 | - | €5,169 | - |
| Other amounts receivable41 | €66,487 | €83,725 | €343,258 | €332,859 | €367,665 | ▲ 10.5% |
| Cash at bank and in hand54/58 | €6,683 | €9,097 | €22,880 | €24,457 | €27,608 | ▲ 12.9% |
| Deferred charges and accrued income490/1 | - | - | €9,376 | €17,493 | €17,394 | ▼ 0.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €966,259 | €3.5m | €3.3m | €3.3m | ▲ 1.2% |
| Equity10/15 | €229,787 | €311,244 | €393,946 | €394,355 | €358,600 | ▼ 9.1% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Issued capital100 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €129,787 | €211,244 | €290,000 | €290,000 | €255,000 | ▼ 12.1% |
| Non-distributable reserves130/1 | €6,489 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Legal reserve130 | €6,489 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Distributable reserves133 | €123,298 | €201,244 | €280,000 | €280,000 | €245,000 | ▼ 12.5% |
| Profit (loss) carried forward14 | - | - | €3,946 | €4,355 | €3,600 | ▼ 17.3% |
| Amounts payable17/49 | €945,628 | €655,015 | €3.1m | €2.9m | €3.0m | ▲ 2.6% |
| Amounts payable after more than one year17 | €346,805 | €278,662 | €2.4m | €2.6m | €2.4m | ▼ 6.7% |
| Financial debts170/4 | €346,805 | €278,662 | €2.4m | €2.6m | €2.4m | ▼ 6.7% |
| Amounts payable within one year42/48 | €585,176 | €374,392 | €651,502 | €324,494 | €568,688 | ▲ 75.3% |
| Current portion of amounts payable after more than one year42 | €286,963 | €284,859 | €197,318 | €179,734 | €180,898 | ▲ 0.6% |
| Trade debts44 | €26,882 | €24,771 | €2,558 | €6,830 | €8,607 | ▲ 26.0% |
| Suppliers440/4 | €26,882 | €24,771 | €2,558 | €6,830 | €8,607 | ▲ 26.0% |
| Taxes, remuneration and social security45 | €48,633 | €43,632 | €11,446 | - | - | - |
| Taxes450/3 | €46,379 | €43,632 | €11,446 | - | - | - |
| Remuneration and social security454/9 | €2,254 | - | - | - | - | - |
| Other amounts payable47/48 | €222,698 | €21,130 | €440,180 | €137,931 | €379,183 | ▲ 175% |
| Accrued charges and deferred income492/3 | €13,647 | €1,961 | €13,074 | - | €6,464 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €129,787 | €81,457 | €82,702 | €409 | -€35,755 | ▼ 8,841% |
| + Depreciation and write-downs630 | €2,280 | €2,550 | €3,083 | €2,943 | €2,437 | ▼ 17.2% |
| Operating cash flow (approximation) | €132,067 | €84,007 | €85,786 | €3,352 | -€33,319 | ▼ 1,094% |
| Investment in fixed assets (approximation) | - | -€3,507 | -€2.1m | -€1,506 | -€1,506 | = |
| Change in cash | - | €2,414 | €13,783 | €1,578 | €3,150 | ▲ 99.7% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€35,755
Net result drops to -€35,755, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 98 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Paliseul · 1 establishment unit since 2020
Ground area
513 m²
Building footprint
74 m²
Volume, LiDAR
482 m³
Parcel 84050A1334/00Z002, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Station 38, 6850 Paliseul
since 20202.313.815.036
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84050A1334/00Z002indicative | Wallonia | 513 m² | 1 · 74 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
0 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
2 holdings · 3 subsidiaries in the treeOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 2
-
100%
-
100%
All subsidiaries, including indirect ones 3
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- savedis 100%
According to the 2025 annual accounts of ERIZO DISTRIBUTION SA and those 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.
Similar companies · same sector, comparable size
Juline VM
BE 0797.666.830
Beveren-Kruibeke-Zwijndrecht · Eq €358,927
JFL
BE 0883.285.166
Antwerpen · Eq €358,234
Jotra
BE 0780.705.587
Ledegem · Eq €359,029
Natan Group
BE 0542.566.629
Antwerpen · Eq €358,108
AIR EVENTS
BE 0539.874.680
Zonnebeke · Eq €359,232
Of 5,712 companies in sector 70100 we hold annual accounts for 3,519. 2,298 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
70200Business and other management consultancy
Contact
Phone
061/24.25.80
E-invoicing
Reachable via Peppol
Peppol ID
0208:0756834085
Also
9925:BE0756834085
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.