Summary
Erm 'n Erm has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2018 annual accounts show equity of €27,664 and a net result of -€1,746. The computed 12-month bankruptcy probability is 0.6% (low).
Financials · fiscal year 2018, abbreviated schema
Turnover
€3,914
EBIT margin
1441.2%
Net result
-€1,746
Working capital
Not included in this filing
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €27,664
Fixed assets
€150
Current assets
€27,514
Key figures and ratios
Solvency
100.0%
ROE
-6.3%
ROA
-6.3%
Annual accounts
| Line | 2018 |
|---|---|
| Turnover70 | €3,914 |
| Gross operating margin9900 | €56,409 |
| Operating profit (loss)9901 | €56,409 |
| Recurring financial charges65 | €53 |
| Profit (loss) for the period before taxes9903 | €56,356 |
| Profit (loss) for the period9904 | -€1,746 |
| Profit (loss) for the period to be appropriated9905 | -€1,746 |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €27,664 | |
| Formation expenses20 | €0 | |
| Fixed assets21/28 | €150 | |
| Intangible fixed assets21 | €0 | |
| Financial fixed assets28 | €150 | |
| Current assets29/58 | €27,514 | |
| Stocks and contracts in progress3 | €0 | |
| Current investments50/53 | €0 | |
| Cash at bank and in hand54/58 | €27,514 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €27,664 | |
| Equity10/15 | €27,664 | |
| Profit (loss) carried forward14 | €27,664 | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | -€1,746 |
| Operating cash flow (approximation) | -€1,746 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Subsidies and aid
Flemish government
2022 to 2025 · 6 entries · €284,529 awarded · €284,529 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | €75,018 | €75,018 |
| 2024 | 1 | €73,304 | €73,304 |
| 2023 | 2 | €71,367 | €71,367 |
| 2022 | 2 | €64,840 | €64,840 |