ERLA
ActiveERLA has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €319k and a net result of €115k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 77% of 670 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+20
Solvency95▲+3
Growth66▲+30
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.94 against 4.64 in 2024; short-term debt: 22.3% and cash: 10.7% of total assets), and 30.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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 · 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
69.9%
Return on assets
25.2%
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
31 d early
2023
57 d late
2022
1 d early
2021
14 d early
2020
6 d early
2019
7 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€958k▲ 8.0%
2024 · €888k
2018: €765k
2019: €882k
2020: €844k
2021: €931k
2022: €858k
2023: €935k
2024: €888k
2018 → 2025
EBIT margin
15.7%▲ 9.9pp
2024 · 5.8%
2018: 6.9%
2019: 8.9%
2020: -3.5%
2021: 6.3%
2022: 0.6%
2023: -2.9%
2024: 5.8%
2018 → 2025
Net result
€115k▲ 148%
2024 · €46k
2018: €60k
2019: €66k
2020: €-23k
2021: €52k
2022: €6k
2023: €-22k
2024: €46k
2018 → 2025
Working capital
€301k▲ 33.8%
2024 · €225k
2018: €228k
2019: €278k
2020: €99k
2021: €279k
2022: €253k
2023: €194k
2024: €225k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€931k-€858k▼ 7.9%€935k▲ 9.0%€888k▼ 5.1%€958k▲ 8.0%
Equity€183k-€187k▲ 2.2%€163k▼ 12.9%€207k▲ 27.3%€319k▲ 54.2%
Operating result€59k-€5k▼ 91.7%€-27k€51k€150k▲ 194%
Net result€52k-€6k▼ 88.3%€-22k€46k€115k▲ 148%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 194% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €457k
Fixed assets
€54k▲ 157%
Current assets
€403k▲ 40.6%
Equity and liabilities €457k
Equity
€319k▲ 54.2%
Debt
€138k▲ 37.2%
The debt ratio falls from 32.6% to 30.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€158k▲
2024 · €68k
Cash flow
€123k▲
2024 · €64k
Solvency
69.9%▲
2024 · 67.4%
Current ratio
3.94▼
2024 · 4.64
Quick ratio
0.86▼
2024 · 1.42
Debt / equity
0.43▼
2024 · 0.48
ROE
36.1%▲
2024 · 22.4%
ROA
25.2%▲
2024 · 15.1%
Interest coverage
32.70▲
2024 · 14.90
Debt
€138k▲
2024 · €100k
Debt ≤ 1 year
€102k▲
2024 · €62k
Debt > 1 year
€36k▼
2024 · €39k
Income taxes
€42k▲
2024 · €11k
Staff costs
€134k▼
2024 · €136k
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€308k€457k▲
Formation expenses20€0€0=
Fixed assets21/28€21k€54k▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€8k€42k▲
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€5k€36k▲
Financial fixed assets28€13k€13k=
Current assets29/58€286k€403k▲
Stocks and contracts in progress3€199k€315k▲
Stocks30/36€199k€315k▲
Amounts receivable within one year40/41€33k€32k▼
Trade receivables40€16k€7k▼
Other amounts receivable41€17k€25k▲
Cash at bank and in hand54/58€47k€49k▲
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€308k€457k▲
Equity10/15€207k€319k▲
Contributions10/11€130k€130k=
Capital10€130k€130k=
Issued capital100€130k€130k=
Reserves13€13k€13k=
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Profit (loss) carried forward14€64k€176k▲
Amounts payable17/49€100k€138k▲
Amounts payable after more than one year17€39k€36k▼
Financial debts170/4€39k€36k▼
Amounts payable within one year42/48€62k€102k▲
Current portion of amounts payable after more than one year42€0€0=
Trade debts44€40k€33k▼
Suppliers440/4€40k€33k▼
Taxes, remuneration and social security45€20k€66k▲
Taxes450/3€11k€53k▲
Remuneration and social security454/9€9k€13k▲
Other amounts payable47/48€2k€3k▲
Income statement
Code20242025
Turnover70€888k€958k▲
Goods, raw materials, services and sundry goods60/61€683k€665k▼
Remuneration, social security and pensions62€136k€134k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€8k▼
Other operating charges640/8€4k€6k▲
Gross operating margin9900€209k€298k▲
Operating profit (loss)9901€51k€150k▲
Financial income75/76B€11k€12k▲
Recurring financial income75€11k€12k▲
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€57k€158k▲
Income taxes67/77€11k€42k▲
Profit (loss) for the period9904€46k€115k▲
Profit (loss) for the period to be appropriated9905€46k€115k▲
Appropriation of the result
Profit (loss) to be appropriated9906€66k€179k▲
Profit (loss) brought forward from the previous period14P€20k€64k▲
Profit to be distributed694/7€2k€3k▲
Return on contributions (dividend)694€2k€3k▲
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (13 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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €115k ▲148%
Operating result €150k, net result €115k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €46k
Net result €46k after one loss-making year.
31-12
Financial
Equity above €200kEq €207k ▲27.3%
Equity rises from €163k to €207k.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 57 days late
2023
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
17-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €52k
Net result €52k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 6.63
Current ratio from 1.42 to 6.63; short-term debt falls from €234k to €50k.
31-12
Financial
Equity above €150kEq €183k ▲36.6%
Equity rises from €134k to €183k.
25-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-23k ▼134%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Charleroi · 1 establishment unit since 1998
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.
Avenue du Centenaire 496061 CharleroiGround area
9,639 m²
Parcel 52049B1158/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Avenue du Centenaire 49, 6061 Charleroi
since 19982.086.737.046
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52049B1158/00A000 | Wallonia | 9,639 m² | - | - |
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.
Similar companies · same sector, comparable size
DRAAD
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INDUSTRIEVEREN ALGOET
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OMNIMESH
BE 0860.004.869
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Firma Vanhoorde
BE 0400.114.706
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EFFENSO
BE 0894.230.429
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Of 56 companies in sector 25930 we hold annual accounts for 45. 30 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-04-1998
Fiscal year end31-12
Activities, NACEBEL
25930Manufacture of fabricated metal products, except machinery and equipment
28730
46831Wholesale of construction materials, general range
51532
Sources
Crossroads Bank for EnterprisesNational Bank · 28 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.