Turnover
≈ €100,000 estimated
The micro format states no turnover.
ERL
Lifetime
3 annual accounts with figures on one time axispeak €28,786 (2023)
€25,330▼ 12.0%
peak €20,404 (2023)
€14,076▼ 31.0%
peak €37,797 (2024)
€37,797▲ 59.3%
€65,098▲ 58.8%
Board3 names since 2022
2 directors and 1 other
Documentsfilings and deeds
10-11-2025102 days late
2024micro format
Gross margin from €28,786 to €25,330Result from €20,404 to €14,076Equity from €23,721 to €37,797Debts from €40,991 to €65,098Investments €34,649Cash from €86 to €3,930
Key points
from the 2024 annual accountsInvestments
€20,245 2.9 × depreciation
Green is investment, beige is depreciation.
Filings
3 annual accounts 107 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,326 companies had the same profile as ERL has now. Each dot stands for 99 companies, two years later.
95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 39,326 companies, not a prediction for ERL. 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.
Credit verdict
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Signals
Board and ownership
Director, since 15-03-2022
Director, since 03-10-2022
- 90 sharesdeed of 17-03-2022
- 5 sharesdeed of 17-03-2022
- 5 sharesdeed of 17-03-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0783408919
Resignation: (director)
Appointment: (director) · Director discharge: · General meeting of 03-10-2022 · Gazette deed
Registered office moved from Zoutleeuw to Geetbets
New registered office: Glabbeekstraat 52, 3450 Geetbets · Previous registered office: Steengrachtstraat 13, 3440 Zoutleeuw · General meeting of 05-09-2022 · Gazette deed
Incorporation
Founding capital of €1,000, 100 shares · Founders: , and · Appointment: (director) · published on 17-03-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ERL Geetbets | €102,895 | €25,330 | 36.7% | - |
| VARELA TELECOM SRL Bertrix | €109,524 | €24,734 | 80.9% | - |
| CELIK BOUW Zele | €131,610 | €25,377 | 5.4% | - |
| BSM Logistic Etterbeek | €129,562 | €27,759 | 26.7% | - |
| ACN-TECH Beveren-Kruibeke-Zwijndrecht | €98,092 | €30,066 | 48.1% | - |
| KENNECTING Tremelo | €140,149 | €33,175 | 74.7% | - |
| NDN facilities Sint-Pieters-Leeuw | €166,687 | €30,931 | 90.6% | - |
These companies have the same main activity as ERL: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €98,100 and €167,000, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 15-03-2022Normal situation
- Activity
- Construction of utility projects for electricity and telecommunicationsNACE 42220and 1 other
- Establishment unit
- 2.328.883.6883440 Zoutleeuw, since 15-03-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Insights on ERL
ERL files the micro format. That format states no turnover. The gross margin rose from €8,486 in 2022 to €25,330 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ERL
- What is the company number of ERL?
- The company number of ERL is 0783.408.919. The VAT number is the same number with BE in front: BE 0783.408.919.
- Where is ERL based?
- The registered office is at Glabbeekstraat 52, 3450 Geetbets.Company details
- What does ERL do?
- According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
- What is the legal form of ERL?
- ERL is a private limited company (BV).
- When was ERL founded?
- ERL was founded on 15-03-2022.
- Is ERL still active?
- Yes, ERL is an active enterprise in the KBO register.
- What is the turnover of ERL?
- The turnover in financial year 2024 is ≈ €100,000. This figure is estimated from the gross margin of €25,330 and 3,270 comparable companies of the same size. It probably lies between €60,000 and €180,000. It is a rough estimate.Financials
- Is ERL profitable?
- In financial year 2024, ERL made a profit of €14,076.
- Where can I find the annual accounts of ERL?
- ERL filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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