ERLER
ActiveSummary
ERLER has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €4k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 75% of 13417 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▼-1
Solvency85▼-14
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.38 against 3.45 in 2024; short-term debt: 39.8% and cash: 24.5% of total assets), and 39.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
60.2%
Return on assets
12.5%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €21k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
29 d late
2023
36 d early
2022
30 d late
2021
26 d late
2020
37 d late
2019
24 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€21k▲ 26.2%
2024 · €16k
2018: €15k
2019: €24k▲ +59.8% vs 2018highest in 8 years
2020: €23k▼ -1.1% vs 2019
2021: €10k▼ -56.6% vs 2020lowest in 8 years
2022: €12k▲ +17.6% vs 2021
2023: €13k▲ +13.1% vs 2022
2024: €16k▲ +21.5% vs 2023
2025: €21k▲ +26.2% vs 2024
2018 → 2025
Total assets
€34k▲ 55.3%
2024 · €22k
2018: €17k
2019: €30k▲ +80.4% vs 2018
2020: €29k▼ -3.8% vs 2019
2021: €12k▼ -57.1% vs 2020lowest in 8 years
2022: €19k▲ +54.1% vs 2021
2023: €19k▲ +2.4% vs 2022
2024: €22k▲ +13.4% vs 2023
2025: €34k▲ +55.3% vs 2024highest in 8 years
2018 → 2025
Net result
€4k▲ 48.2%
2024 · €3k
2018: €-3k
2019: €9k▲ +398% vs 2018highest in 8 years
2020: €-250▼ -103% vs 2019
2021: €-13k▼ -5169% vs 2020lowest in 8 years
2022: €2k▲ +114% vs 2021
2023: €2k▼ -12.5% vs 2022
2024: €3k▲ +85.3% vs 2023
2025: €4k▲ +48.2% vs 2024
2018 → 2025
Working capital
€19k▲ 34.7%
2024 · €14k
2018: €15k
2019: €20k▲ +33.5% vs 2018highest in 8 years
2020: €18k▼ -8.3% vs 2019
2021: €6k▼ -66.6% vs 2020lowest in 8 years
2022: €8k▲ +39.2% vs 2021
2023: €11k▲ +25.5% vs 2022
2024: €14k▲ +33.0% vs 2023
2025: €19k▲ +34.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€12k▲ 17.6%€13k▲ 13.1%€16k▲ 21.5%€21k▲ 26.2%
2021: €10klowest in 5 years
2022: €12k▲ +17.6% vs 2021
2023: €13k▲ +13.1% vs 2022
2024: €16k▲ +21.5% vs 2023
2025: €21k▲ +26.2% vs 2024highest in 5 years
Operating result€-13k-€2k€2k▼ 12.8%€3k▲ 70.9%€5k▲ 61.2%
2021: €-13klowest in 5 years
2022: €2k▲ +115% vs 2021
2023: €2k▼ -12.8% vs 2022
2024: €3k▲ +70.9% vs 2023
2025: €5k▲ +61.2% vs 2024highest in 5 years
Net result€-13k-€2k€2k▼ 12.5%€3k▲ 85.3%€4k▲ 48.2%
2021: €-13klowest in 5 years
2022: €2k▲ +114% vs 2021
2023: €2k▼ -12.5% vs 2022
2024: €3k▲ +85.3% vs 2023
2025: €4k▲ +48.2% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 61% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€2k ▼ 25.0%
Current assets
€33k ▲ 64.8%
Equity and liabilities €34k
Equity
€21k ▲ 26.2%
Debt
€14k ▲ 138%
Debt's share of the balance-sheet total rises from 25.9% to 39.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▲
2024 · €3k
Cash flow
€5k▲
2024 · €3k
Current ratio
2.38▼
2024 · 3.45
Quick ratio
2.17▼
2024 · 2.78
Debt to equity
0.66▲
2024 · 0.35
ROE
20.8%▲
2024 · 17.7%
ROA
12.5%▼
2024 · 13.1%
Interest coverage
49.77▼
2024 · 34714.60
Debt ≤ 1 year
€14k▲
2024 · €6k
Income taxes
€270
Staff costs
€22k▼
2024 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€22k€34k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Other tangible fixed assets26€2k€2k▼
Current assets29/58€20k€33k▲
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€9k€20k▲
Trade receivables40€74€884▲
Other amounts receivable41€9k€19k▲
Cash at bank and in hand54/58€5k€8k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€22k€34k▲
Equity10/15€16k€21k▲
Contributions10/11€19k€19k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€-3k€872▲
Amounts payable17/49€6k€14k▲
Amounts payable within one year42/48€6k€14k▲
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9€2k€5k▲
Income statement
Code20242025
Remuneration, social security and pensions62€23k€22k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€584€584=
Other operating charges640/8€1k-
Gross operating margin9900€27k€28k▲
Operating profit (loss)9901€3k€5k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€0€105▲
Recurring financial charges65€0€105▲
Profit (loss) for the period before taxes9903€3k€5k▲
Income taxes67/77-€270
Profit (loss) for the period9904€3k€4k▲
Profit (loss) for the period to be appropriated9905€3k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€872▲
Profit (loss) brought forward from the previous period14P€-6k€-3k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €4k | €8k | €18k | €23k | €22k | ▼ 0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €584 | €584 | €584 | €584 | = |
| Other operating charges640/8 | €178 | - | - | €1k | - | - |
| Gross operating margin9900 | €-7k | €10k | €21k | €27k | €28k | ▲ 2.5% |
| Operating profit (loss)9901 | €-13k | €2k | €2k | €3k | €5k | ▲ 61.2% |
| Financial income75/76B | - | €0 | - | - | €0 | - |
| Recurring financial income75 | - | €0 | - | - | €0 | - |
| Financial charges65/66B | €277 | - | - | €0 | €105 | ▲ 105,140% |
| Recurring financial charges65 | €277 | - | - | €0 | €105 | ▲ 105,140% |
| Profit (loss) for the period before taxes9903 | €-13k | €2k | €2k | €3k | €5k | ▲ 57.5% |
| Income taxes67/77 | €62 | €158 | €132 | - | €270 | - |
| Profit (loss) for the period9904 | €-13k | €2k | €2k | €3k | €4k | ▲ 48.2% |
| Profit (loss) for the period to be appropriated9905 | €-13k | €2k | €2k | €3k | €4k | ▲ 48.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12k | €19k | €19k | €22k | €34k | ▲ 55.3% |
| Fixed assets21/28 | €4k | €4k | €3k | €2k | €2k | ▼ 25.0% |
| Tangible fixed assets22/27 | €4k | €4k | €3k | €2k | €2k | ▼ 25.0% |
| Other tangible fixed assets26 | €4k | €4k | €3k | €2k | €2k | ▼ 25.0% |
| Current assets29/58 | €8k | €15k | €17k | €20k | €33k | ▲ 64.8% |
| Stocks and contracts in progress3 | €6k | €5k | €5k | €4k | €3k | ▼ 24.2% |
| Stocks30/36 | €6k | €5k | €5k | €4k | €3k | ▼ 24.2% |
| Amounts receivable within one year40/41 | €705 | €5k | €7k | €9k | €20k | ▲ 111% |
| Trade receivables40 | €42 | - | €2k | €74 | €884 | ▲ 1,101% |
| Other amounts receivable41 | €662 | €5k | €5k | €9k | €19k | ▲ 103% |
| Cash at bank and in hand54/58 | €1k | €3k | €2k | €5k | €8k | ▲ 54.5% |
| Deferred charges and accrued income490/1 | €113 | €2k | €2k | €1k | €1k | ▲ 25.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12k | €19k | €19k | €22k | €34k | ▲ 55.3% |
| Equity10/15 | €10k | €12k | €13k | €16k | €21k | ▲ 26.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €1k | €1k | €1k | €1k | €1k | = |
| Non-distributable reserves130/1 | €1k | €1k | €1k | €1k | €1k | = |
| Reserves not available under the articles1311 | €1k | €1k | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €-10k | €-8k | €-6k | €-3k | €872 | ▲ 126% |
| Amounts payable17/49 | €2k | €7k | €6k | €6k | €14k | ▲ 138% |
| Amounts payable within one year42/48 | €2k | €7k | €6k | €6k | €14k | ▲ 138% |
| Trade debts44 | €22 | €5k | €2k | €2k | €5k | ▲ 190% |
| Suppliers440/4 | €22 | €5k | €2k | €2k | €5k | ▲ 190% |
| Taxes, remuneration and social security45 | €555 | €2k | €4k | €4k | €8k | ▲ 115% |
| Taxes450/3 | €555 | €1k | €3k | €2k | €3k | ▲ 45.8% |
| Remuneration and social security454/9 | - | €861 | €1k | €2k | €5k | ▲ 200% |
| Other amounts payable47/48 | €2k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-13k | €2k | €2k | €3k | €4k | ▲ 48.2% |
| + Depreciation and write-downs630 | €1k | €584 | €584 | €584 | €584 | = |
| Operating cash flow (approximation) | €-12k | €2k | €2k | €3k | €5k | ▲ 40.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €2k | €-359 | €3k | €3k | ▲ 0.6% |
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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
06-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 37 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Aarschot · 1 establishment unit since 2003
Ground area
103 m²
Building footprint
110 m²
Volume, LiDAR
1,150 m³
Parcel 24662H0070/00V000, Flanders · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ERLER
since 20032.132.568.457
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24662H0070/00V000 | Flanders | 103 m² | 1 · 110 m² | 13.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAarschot2.132.568.457
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 8,100 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-05-2003
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
Scores and ratios are computed by Checked and are not a credit decision.