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Complete company report
Generated 12-07-2026
Active BE 0801.051.635Private limited company

ERMANUSTE

Ruitjesbosstraat 8 ·8820 Torhout, Belgium· 3 yrs active
Sector: Financial services (64210)
Conclusion Checked

ERMANUSTE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show negative equity (€-9k) and a net result of €945. Its solvency ranks better than 6% of 1393 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €-9k
Net result €945
Better than sector 6%
Active 3 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability0Solvency67Growth50Stability79
39 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 0
Solvency 67
Growth 50
Stability 79
Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Financial overview2 NBB filings
Annual accounts filed on 25-08-2025 with the NBB · fiscal year 2024 · verkort
Sector comparison
Fiscal year 2024 · NACE 64, Financial services · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -2.7% 37.1%
better than 6% of 1393 sector peers
Net result €945 €46k
better than 24% of 1392 sector peers
Equity €-9k €362k
better than 6% of 1393 sector peers
Gross operating margin €35k €66k
better than 37% of 1391 sector peers
Total assets €342k €1.41M
better than 21% of 1393 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenuen/a
EBITDAn/a
Net profit€945
Cash flown/a
Staff costs-
Income taxes€232
Dividends-
Total assets€342k
Equity€-9k
Debt€351k
of which ≤ 1y€13k
of which > 1y€338k
Working capitaln/a
Employees (FTE)-
Ratios (computed)
2024
Current ration/a
Quick ration/a
Working capital ration/a
Solvency-2.7%
Debt / equityn/a
Long-term debt ration/a
Interest coveragen/a
Gross marginn/a
Net marginn/a
ROA0.3%
ROE-10.2%
EBITDA marginn/a
Days sales outstandingn/a
Days payable outstandingn/a
Inventory turnovern/a
Days inventory (DSI)n/a
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€342k
Fixed assets 21/28€244k
Intangible fixed assets 21€1k
Tangible fixed assets 22/27€240k
Financial fixed assets 28€3k
Current assets 29/58€97k
Stocks & contracts in progress 3€54k
Amounts receivable within one year 40/41€5k
Cash & bank 54/58€31k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€342k
Equity 10/15€-9k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€-14k
Amounts payable 17/49€351k
Amounts payable after one year 17€338k
Amounts payable within one year 42/48€13k
Trade debts payable within one year 44€1k
Income statement
Gross operating margin 9900€35k
Operating result 9901€2k
Financial income 75€90
Financial charges 65€661
Result before taxes 9903€1k
Income taxes 67/77€232
Net result for the period 9904€945
Result to be appropriated 9905€945
Ratios computed by Checked.
Legal Structure
NACE primary Financial services(64210)
Legal form Private limited company(610)
Incorporation21-04-2023
StatusActive
Postal code8820
Establishment units 2 locations
ERMANUSTE
Ruitjesbosstraat 8, 8820 TorhoutVervaardiging van tuin- en terrasmeubelen
since 20232.344.918.085
Octavie.store
Markt 26b, 8820 TorhoutDetailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)
since 20232.352.704.217
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31522D0232/00M000 Flanders 1,958 m² 1 · 312 m² 7.5 m · 1 fl.
31033K0306/00L000 Flanders 212 m² 1 · 163 m² 12.2 m · 3 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
25-08-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
31-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Holdings64200Activiteiten van holdings64210Overige detailhandel in nieuwe artikelen in gespecialiseerde winkels, n.e.g.47789Overige detailhandel in nieuwe artikelen neg47789Activiteiten van hoofdkantoren70100Activiteiten van hoofdkantoren70100Ingenieurs en aanverwante technische adviseurs, exclusief landmeters71121Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121Administratieve en ondersteunende activiteiten ten behoeve van kantoren82100Diverse administratieve activiteiten ten behoeve van kantoren82110Overige vormen van onderwijs85599Overige vormen van onderwijs85599
Primary activity highlighted.
Names & trade names
Legal nameNL ERMANUSTE
Registered office
Ruitjesbosstraat 8
8820 Torhout, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative