ERKO
ERKO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €80k and a net result of €17k. Equity is growing by ~22.9% per year across the filed fiscal years. Its solvency ranks better than 49% of 15878 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
| Equity | €80k |
| Net result | €17k |
| Staff (FTE) | 1 |
| Better than sector | 49% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 38.3% | 39.5% | |
| Net result | €17k | €5k | |
| Equity | €80k | €56k | |
| Gross operating margin | €73k | €26k | |
| Staff costs | €27k | €35k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €46k | €3k | €87k | €17k |
| Net profit | €17k | €-17k | €57k | €2k |
| Cash flow | €42k | €557 | €72k | €15k |
| Staff costs | €27k | €13k | €8k | €5k |
| Income taxes | €2k | €0 | €13k | €207 |
| Dividends | €1k | €0 | €2k | €40k |
| Total assets | €210k | €165k | €251k | €168k |
| Equity | €80k | €65k | €82k | €27k |
| Debt | €129k | €101k | €169k | €141k |
| of which ≤ 1y | €36k | €26k | €78k | €59k |
| of which > 1y | €87k | €71k | €88k | €82k |
| Working capital | €15k | €13k | €34k | €2k |
| Employees (FTE) | 1.0 | 0.8 | 0.9 | 1.2 |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 1.42 | 1.53 | 1.44 | 1.03 |
| Quick ratio | 0.91 | 0.85 | 1.27 | 0.75 |
| Working capital ratio | 7.1% | 8.1% | 13.6% | 0.9% |
| Solvency | 38.3% | 39.1% | 32.7% | 16.1% |
| Debt / equity | 1.61 | 1.56 | 2.06 | 5.21 |
| Long-term debt ratio | 1.08 | 1.09 | 1.07 | 3.03 |
| Interest coverage | 16.74 | 1.22 | 50.91 | 10.60 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 8.0% | -10.5% | 22.6% | 1.2% |
| ROE | 21.0% | -26.9% | 69.0% | 7.6% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €210k | €165k | €251k | €168k |
| Fixed assets | 21/28 | €159k | €126k | €138k | €107k |
| Intangible fixed assets | 21 | - | - | - | €0 |
| Tangible fixed assets | 22/27 | €159k | €126k | €138k | €107k |
| Current assets | 29/58 | €51k | €39k | €112k | €60k |
| Stocks & contracts in progress | 3 | €18k | €17k | €13k | €16k |
| Amounts receivable within one year | 40/41 | €4k | €6k | €38k | €22k |
| Cash & bank | 54/58 | €28k | €15k | €61k | €22k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €210k | €165k | €251k | €168k |
| Equity | 10/15 | €80k | €65k | €82k | €27k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €62k | €62k | €63k | €8k |
| Accumulated profits (losses) | 14 | €0 | €-16k | €0 | €0 |
| Amounts payable | 17/49 | €129k | €101k | €169k | €141k |
| Amounts payable after one year | 17 | €87k | €71k | €88k | €82k |
| Amounts payable within one year | 42/48 | €36k | €26k | €78k | €59k |
| Trade debts payable within one year | 44 | €2k | €3k | €33k | €320 |
| Income statement | |||||
| Gross operating margin | 9900 | €73k | €17k | €94k | €22k |
| Operating result | 9901 | €21k | €-15k | €71k | €3k |
| Financial income | 75 | €189 | €77 | €93 | €569 |
| Financial charges | 65 | €3k | €2k | €2k | €2k |
| Result before taxes | 9903 | €18k | €-17k | €70k | €2k |
| Income taxes | 67/77 | €2k | €0 | €13k | €207 |
| Net result for the period | 9904 | €17k | €-17k | €57k | €2k |
| Result to be appropriated | 9905 | €17k | €-17k | €57k | €2k |
-
MC GUIRE Eric ParrNon-statutory directorState Gazette act 23374086 (20-07-2023)Current20-07-2023 → present
2 events
- 20-07-2023 Resigned· Director
- 20-07-2023 Appointed· Non-statutory director
-
VANDERBEKEN Kathleen Elza LeontineNon-statutory directorState Gazette act 23374086 (20-07-2023)Current20-07-2023 → present
2 events
- 20-07-2023 Resigned· Director
- 20-07-2023 Appointed· Non-statutory director
| NACE primary | Wholesale trade(46496) |
| Legal form | Private limited company(610) |
| Incorporation | 09-05-2003 |
| Status | Active |
| Postal code | 8570 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002B0064/00T002 | Flanders | 3,971 m² | 1 · 162 m² | 6.8 m · 1 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
20-07-2023 2 directors appointed, 2 resigning
- MC GUIRE Eric Parr, Niet-statutair bestuurder
- VANDERBEKEN Kathleen Elza Leontine, Niet-statutair bestuurder
- MC GUIRE Eric Parr, Bestuurder
- VANDERBEKEN Kathleen Elza Leontine, Bestuurder
Technical details
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"expeditie akte statutenwijziging en de geco\u00F6rdineerde statuten",
"Bijzondere verslag bestuursorgaan overeenkomstig artikel 5:101WVV"
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}| Legal nameNL | ERKO |