ERKA
ActiveERKA has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €7k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 50% of 7697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▲+37
Solvency76▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 0.97 in 2024; short-term debt: 49.3% and cash: 7.4% of total assets), and 49.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
50.7%
Return on assets
4.1%
Age of the figures
9 mo
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
55 d early
2023
47 d early
2022
60 d late
2021
31 d late
2020
60 d late
2019
84 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€89k▲ 8.8%
2024 · €82k
2018: €55k
2019: €42k
2020: €33k
2021: €34k
2022: €59k
2023: €86k
2024: €82k
2018 → 2025
Total assets
€176k▲ 3.8%
2024 · €169k
2018: €163k
2019: €153k
2020: €148k
2021: €168k
2022: €187k
2023: €184k
2024: €169k
2018 → 2025
Net result
€7k
2024 · €-5k
2018: €-3k
2019: €-13k
2020: €-9k
2021: €2k
2022: €25k
2023: €27k
2024: €-5k
2018 → 2025
Working capital
€6k
2024 · €-2k
2018: €-30k
2019: €-45k
2020: €-51k
2021: €-50k
2022: €-26k
2023: €1k
2024: €-2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€59k▲ 72.1%€86k▲ 45.7%€82k▼ 5.3%€89k▲ 8.8%
Operating result€5k-€37k▲ 709%€42k▲ 14.3%€-4k€11k
Net result€2k-€25k▲ 1,549%€27k▲ 9.1%€-5k€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €11k after a loss of €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €176k
Fixed assets
€83k▼ 1.2%
Current assets
€92k▲ 8.8%
Equity and liabilities €176k
Equity
€89k▲ 8.8%
Debt
€87k▼ 0.9%
The debt ratio falls from 51.6% to 49.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12k▲
2024 · €-3k
Cash flow
€8k▲
2024 · €-3k
Solvency
50.7%▲
2024 · 48.4%
Current ratio
1.07▲
2024 · 0.97
Quick ratio
1.04▲
2024 · 0.94
Debt / equity
0.97▼
2024 · 1.07
ROE
8.1%▲
2024 · -5.5%
ROA
4.1%▲
2024 · -2.7%
Interest coverage
3.35▲
2024 · -0.64
Debt
€87k▼
2024 · €87k
Debt ≤ 1 year
€87k▼
2024 · €87k
Income taxes
€4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€169k€176k▲
Fixed assets21/28€84k€83k▼
Tangible fixed assets22/27€84k€83k▼
Land and buildings22€83k€82k▼
Plant, machinery and equipment23€805€478▼
Furniture and vehicles24€943€341▼
Current assets29/58€85k€92k▲
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€61k€71k▲
Trade receivables40€3k€9k▲
Other amounts receivable41€58k€62k▲
Cash at bank and in hand54/58€14k€13k▼
Deferred charges and accrued income490/1€6k€6k▼
Equity and liabilities
Total equity and liabilities10/49€169k€176k▲
Equity10/15€82k€89k▲
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€93k€100k▲
Distributable reserves133€93k€100k▲
Profit (loss) carried forward14€-30k€-30k▲
Amounts payable17/49€87k€87k▼
Amounts payable within one year42/48€87k€87k▼
Financial debts43€50k€50k=
Credit institutions430/8€50k€50k=
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€6k€3k▼
Other amounts payable47/48€27k€28k▲
Accrued charges and deferred income492/3€17€16▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€2k€17k▲
Operating profit (loss)9901€-4k€11k▲
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€-5k€11k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€-5k€7k▲
Profit (loss) for the period to be appropriated9905€-5k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-22k▲
Profit (loss) brought forward from the previous period14P€-25k€-30k▼
Transfer to equity691/2-€7k
To other reserves6921-€7k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €27k ▲9.1%
Operating result €42k, net result €27k, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zulte · 1 establishment unit since 1990
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oudenaardestraat 104-1069870 ZulteGround area
2,870 m²
Building footprint
780 m²
Volume, LiDAR
4,243 m³
Parcel 44050B0837/00C004, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ERKA BVBA
since 19902.102.415.414
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44050B0837/00C004 | Flanders | 2,870 m² | 1 · 780 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 111 EUR awarded · 111 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 111 EUR | 111 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,575 companies in sector 82300 we hold annual accounts for 1,669. 1,309 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-1983
Fiscal year end31-12
Activities, NACEBEL
74872
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.