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ERLY

Active
Private limited companyfounded 2016active for 9 yearsZwaluwenlaan 5A, 8420 De Haan, BelgiumKBO/BCE: BE 0666.901.823
Summary

ERLY has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,745 and a net result of €22,252. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 73% of 4,798 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 02-12-2016 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 31-03-2025
Establishment unit
2.260.913.612 8420 De Haan, since 01-02-2017
Financial year end
31 March
Peppol
Reachable since 02-12-2025

Board and ownership

Board

Financial position

71 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts to 31-03-2025
Gross margin
€45,764
Turnover
≈ €240,000
estimated
Profit
€22,252
Equity
€34,745
Total assets
€64,205
Staff
0.5 FTE
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)1 financial year not filed after the legal deadline; 2 of the last 3 accounts latelowers riskLiquidity: current ratio 1.94, cash €49,754Equity €34,745 (54.1% of total assets)Show the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 82% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2023
Strong
Solvency 79+8
equity 54.1% of total assets
Liquidity 78+5
short-term debt 45.7% · cash 77.5%
Profitability 100=
return on assets 34.7%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,779 companies, NACE 56, micro)
Last 24 months 12-2024: 1.6% 01-2025: 1.3%▼ -0.3 percentage points vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.2%▼ -0.1 percentage points vs 04-2025 06-2025: 1.3%▲ +0.1 percentage points vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.8%▲ +0.5 percentage points vs 07-2025 09-2025: 2.1%▲ +0.3 percentage points vs 08-2025 10-2025: 3.6%▲ +1.5 percentage points vs 09-2025highest value 11-2025: 0.6%▼ -3.0 percentage points vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.5%▼ -0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026lowest value 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.6%▲ +0.1 percentage points vs 09-2026 11-2026: 0.8%▲ +0.2 percentage points vs 10-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.94 (1.84 in 2023), above the usual 1.5. Short-term debt is 45.7% and cash 77.5% of total assets. 45.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 72% of them on solvency, 81% on liquidity and 93% on profitability.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.94, cash €49,754
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · 1 financial year not filed after the legal deadline; 2 of the last 3 accounts late
NBB · filings
lowers risk · Equity €34,745 (54.1% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
18192021222325
2018 to 2025 · latest year €34,745
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
1 day early
2023
56 days late
2022
87 days late
2021
88 days late
2020
25 days late
2019
89 days late
2018
56 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 57 days after the deadline. In the sector (NACE 56), the median for financial year 2023 was 14 days after the deadline, and 55% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments
  2. · Gazette deed Appointment: Nguyen Thuy Nhu Tram (additional director)
  3. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as ERLY: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €41,500 and €95,000, founded between 2012 and 2019.

CompanyTotal assetsGross margin
ERLY De Haan€64,205€45,764
M.S.1 Koksijde€48,937€33,246
PUUR FRITUUR Heusden-Zolder€69,158€76,307
Frituur 't Pat@je Beveren-Kruibeke-Zwijndrecht€94,981€41,458
LE PLATO Tournai€41,479€38,260
MALDEC Les Bons Villers€82,672€54,791
SWEET FOOD Elsene€67,239€30,981
Full comparison

Key facts about ERLY

What is the company number of ERLY?
The company number of ERLY is 0666.901.823. The VAT number is the same number with BE in front: BE 0666.901.823.
Where is ERLY based?
The registered office is at Zwaluwenlaan 5A, 8420 De Haan.Company details
What does ERLY do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of ERLY?
The legal form of ERLY is Private limited company (BV).
When was ERLY founded?
ERLY was founded on 02-12-2016.
Is ERLY still active?
Yes, ERLY is an active enterprise in the KBO register.
How many employees does ERLY have?
ERLY had an average of 0.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ERLY fall under?
In its 31-03-2025 annual accounts, ERLY states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of ERLY?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €45,764 and 85 comparable companies (NACE 56112). It probably lies between €190,000 and €330,000.
Is ERLY profitable?
In financial year 2025, ERLY made a profit of €22,252.
Where can I find the annual accounts of ERLY?
ERLY filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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