ERMATRANS
ActiveSummary
For ERMATRANS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €344,625 and a net result of -€3,956. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 88% of 6115 sector peers (fiscal year 2023). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability68▲+57
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
83.6%
Return on assets
-1%
Age of the figures
33 mo
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 01-04-2025, 244 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
244 d late
2022
213 d late
2021
153 d late
2020
153 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 165 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
€344,625▼ 1.1%
2022 · €348,581
Total assets
€412,011▼ 9.7%
2022 · €456,298
Net result
-€3,956▲ 85.6%
2022 · -€27,533
Working capital
€261,572▲ 21.2%
2022 · €215,883
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€10,523▼ 53.3%€35,918▲ 241%-€12,619-€69,001▼ 447%-€2,322▲ 96.6%
Net result€9,567▼ 27.3%€26,150within the sector's middle half▲ 173%-€12,997below the sector's middle half-€27,533below the sector's middle half▼ 112%-€3,956below the sector's middle half▲ 85.6%
Equity€364,562▲ 2.2%€389,111within the sector's middle half▲ 6.7%€376,114above the sector's middle half▼ 3.3%€348,581above the sector's middle half▼ 7.3%€344,625above the sector's middle half▼ 1.1%
Total assets€510,330▲ 6.1%€510,623below the sector's middle half▲ 0.1%€491,063above the sector's middle half▼ 3.8%€456,298above the sector's middle half▼ 7.1%€412,011above the sector's middle half▼ 9.7%
Debt€145,768▲ 17.1%€121,512▼ 16.6%€114,949▼ 5.4%€107,717▼ 6.3%€67,386▼ 37.4%
Working capital€227,533▼ 12.6%€298,283within the sector's middle half▲ 31.1%€195,626above the sector's middle half▼ 34.4%€215,883above the sector's middle half▲ 10.4%€261,572above the sector's middle half▲ 21.2%
Solvency71.4%▼ 2.7pp76.2%above the sector's middle half▲ 4.8pp76.6%above the sector's middle half▲ 0.4pp76.4%above the sector's middle half▼ 0.2pp83.6%above the sector's middle half▲ 7.3pp
Current ratio2.56▼ 0.583.45above the sector's middle half▲ 0.892.70within the sector's middle half▼ 0.753.03above the sector's middle half▲ 0.335.04above the sector's middle half▲ 2.01
Return on assets (ROA)1.9%▼ 0.9pp5.1%within the sector's middle half▲ 3.2pp-2.6%below the sector's middle half▼ 7.8pp-6.0%below the sector's middle half▼ 3.4pp-1.0%within the sector's middle half▲ 5.1pp
Staff (FTE)4.4▼ 15.4%5within the sector's middle half▲ 13.6%3.9▼ 22.0%2.4▼ 38.5%2▼ 16.7%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,322 in 2023 against €69,001 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €412,011
Fixed assets
€85,654 ▼ 36.1%
Current assets
€326,356 ▲ 1.3%
Equity and liabilities €412,011
Equity
€344,625 ▼ 1.1%
Debt
€67,386 ▼ 37.4%
Debt's share of the balance-sheet total falls from 23.6% to 16.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€45,771▲
2022 · -€17,636
Cash flow
€44,137▲
2022 · €23,832
Debt to equity
0.20▼
2022 · 0.31
ROE
-1.1%▲
2022 · -7.9%
Interest coverage
65.57▲
2022 · -91.29
Debt ≤ 1 year
€64,784▼
2022 · €106,433
Income taxes
€2,400▲
2022 · -€26
Staff costs
€142,795▼
2022 · €148,783
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €17,500 | - | - | - |
| Remuneration, social security and pensions62 | - | - | €149,250 | €148,783 | €142,795 | ▼ 4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €51,830 | €46,990 | €50,084 | €51,365 | €48,093 | ▼ 6.4% |
| Other operating charges640/8 | - | - | €8,519 | €4,617 | €2,924 | ▼ 36.7% |
| Gross operating margin9900 | €324,592 | €293,784 | €195,235 | €135,763 | €191,490 | ▲ 41.0% |
| Operating profit (loss)9901 | €10,523 | €35,918 | -€12,619 | -€69,001 | -€2,322 | ▲ 96.6% |
| Financial income75/76B | - | - | €69 | €41,635 | €1,464 | ▼ 96.5% |
| Recurring financial income75 | €564 | €718 | €69 | €41,635 | €1,464 | ▼ 96.5% |
| Financial charges65/66B | - | - | €447 | €193 | €698 | ▲ 261% |
| Recurring financial charges65 | €724 | €343 | €447 | €193 | €698 | ▲ 261% |
| Profit (loss) for the period before taxes9903 | €10,364 | €36,293 | -€12,997 | -€27,559 | -€1,556 | ▲ 94.4% |
| Income taxes67/77 | €797 | €10,143 | - | -€26 | €2,400 | ▲ 9,170% |
| Profit (loss) for the period9904 | €9,567 | €26,150 | -€12,997 | -€27,533 | -€3,956 | ▲ 85.6% |
| Profit (loss) for the period to be appropriated9905 | €9,567 | €26,150 | -€12,997 | -€27,533 | -€3,956 | ▲ 85.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €510,330 | €510,623 | €491,063 | €456,298 | €412,011 | ▼ 9.7% |
| Fixed assets21/28 | €137,028 | €90,828 | €180,488 | €133,982 | €85,654 | ▼ 36.1% |
| Tangible fixed assets22/27 | €136,041 | €89,448 | €179,906 | €133,400 | €85,307 | ▼ 36.1% |
| Land and buildings22 | - | - | €3,137 | €1,499 | €761 | ▼ 49.2% |
| Plant, machinery and equipment23 | - | - | €22,617 | €16,809 | €10,200 | ▼ 39.3% |
| Furniture and vehicles24 | - | - | €154,153 | €115,092 | €74,345 | ▼ 35.4% |
| Financial fixed assets28 | €987 | €1,379 | €582 | €582 | €347 | ▼ 40.4% |
| Current assets29/58 | €373,301 | €419,796 | €310,575 | €322,316 | €326,356 | ▲ 1.3% |
| Amounts receivable within one year40/41 | €142,086 | €83,603 | €82,200 | €125,019 | €104,146 | ▼ 16.7% |
| Trade receivables40 | - | - | €42,266 | €103,888 | €94,426 | ▼ 9.1% |
| Other amounts receivable41 | - | - | €39,933 | €21,131 | €9,720 | ▼ 54.0% |
| Cash at bank and in hand54/58 | €227,788 | €334,430 | €228,375 | €197,296 | €217,159 | ▲ 10.1% |
| Deferred charges and accrued income490/1 | - | - | - | - | €5,051 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €510,330 | €510,623 | €491,063 | €456,298 | €412,011 | ▼ 9.7% |
| Equity10/15 | €364,562 | €389,111 | €376,114 | €348,581 | €344,625 | ▼ 1.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €20,460 | €20,460 | = |
| Capital10 | - | - | €18,600 | - | - | - |
| Issued capital100 | - | - | €18,600 | - | - | - |
| Reserves13 | €345,962 | €370,511 | €357,514 | €328,121 | €324,165 | ▼ 1.2% |
| Non-distributable reserves130/1 | - | - | €1,860 | - | - | - |
| Legal reserve130 | - | - | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | - | €99,922 | €99,922 | €99,922 | = |
| Distributable reserves133 | - | - | €255,732 | €228,199 | €224,243 | ▼ 1.7% |
| Amounts payable17/49 | €145,768 | €121,512 | €114,949 | €107,717 | €67,386 | ▼ 37.4% |
| Amounts payable within one year42/48 | €145,768 | €121,512 | €114,949 | €106,433 | €64,784 | ▼ 39.1% |
| Trade debts44 | €63,453 | €36,027 | €40,816 | €42,146 | €28,939 | ▼ 31.3% |
| Suppliers440/4 | - | - | €40,816 | €42,146 | €28,939 | ▼ 31.3% |
| Taxes, remuneration and social security45 | - | - | €22,252 | €15,602 | €2,897 | ▼ 81.4% |
| Taxes450/3 | - | - | €8,223 | - | - | - |
| Remuneration and social security454/9 | - | - | €14,029 | €15,602 | €2,897 | ▼ 81.4% |
| Other amounts payable47/48 | - | - | €51,881 | €48,685 | €32,948 | ▼ 32.3% |
| Accrued charges and deferred income492/3 | - | - | - | €1,284 | €2,602 | ▲ 103% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,567 | €26,150 | -€12,997 | -€27,533 | -€3,956 | ▲ 85.6% |
| + Depreciation and write-downs630 | €51,830 | €46,990 | €50,084 | €51,365 | €48,093 | ▼ 6.4% |
| Operating cash flow (approximation) | €61,398 | €73,139 | €37,087 | €23,832 | €44,137 | ▲ 85.2% |
| Investment in fixed assets (approximation) | - | -€789 | -€139,745 | -€4,859 | €235 | ▲ 105% |
| Change in cash | - | €106,642 | -€106,054 | -€31,079 | €19,863 | ▲ 164% |
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
2025
01-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 244 days late
2024
29-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 213 days late
2022
31-12
Financial
Weakest financial yearnet -€27,533
Net result drops to -€27,533, the lowest in the series; recovery starts the following year.
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 153 days late
2020
31-12
Financial
Highest result since 2018net €26,150 ▲173%
Operating result €35,918, net result €26,150, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
17-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 78 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
18-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 171 days late
2015
15-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 76 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Beernem · 1 establishment unit since 1994
Ground area
3,167 m²
Building footprint
239 m²
Volume, LiDAR
1,492 m³
Parcel 31021B1186/00N000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ERMATRANS
since 19942.065.738.427
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31021B1186/00N000 | Flanders | 3,167 m² | 1 · 239 m² | 10.4 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 359 EUR awarded · 359 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 359 EUR | 359 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeernem2.065.738.427
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Of 12,584 companies in sector 49410 we hold annual accounts for 8,203. 5,678 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
Founded16-02-1994
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0451940618
Also
9925:BE0451940618
Registered
09-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.