ERMD
ActiveSummary
The computed 12-month bankruptcy probability of ERMD is 8.1% (elevated). The 2025 annual accounts show negative equity (€-5k) and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 4603 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
20
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-66
Solvency0▼-58
Growth23=
Track record100
Bankruptcy probability, 12 months
8.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.6 against 1.48 in 2024; short-term debt: 165.5% and cash: 53.8% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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 2025Solvency, return and age of the figures
Solvency
-65.5%
Return on assets
-142.1%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-5k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
24 d early
2024
3 d early
2023
33 d early
2022
38 d early
2021
32 d early
2020
2 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€62k▼ 8.4%
2021 · €68k
2021: €68k
2021 → 2022
EBIT margin
-7.8%▼ 22.1pp
2021 · 14.2%
2021: 14.2%
2021 → 2022
Net result
€-11k
2024 · €2k
2020: €7k
2021: €7k
2022: €-6k
2023: €-7k
2024: €2k
2020 → 2025
Working capital
€-5k
2024 · €6k
2020: €118
2021: €9k
2022: €5k
2023: €4k
2024: €6k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€68k-€62k▼ 8.4%
Equity€17k-€11k▼ 34.5%€4k▼ 63.7%€6k▲ 52.4%€-5k
Operating result€10k-€-5k€-7k▼ 39.7%€2k€-11k
Net result€7k-€-6k€-7k▼ 21.1%€2k€-11k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11k after €2k in 2024, the lowest result in the available series.
Key figures and ratios
Solvency
-65.5%▼
2024 · 32.7%
Current ratio
0.60▼
2024 · 1.48
Debt to equity
-2.53▼
2024 · 2.06
ROA
-142.1%▼
2024 · 11.2%
Debt
€13k▲
2024 · €12k
Debt ≤ 1 year
€13k▲
2024 · €12k
Staff costs
€3k▲
2024 · €2k
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€19k€8k▼
Current assets29/58€19k€8k▼
Amounts receivable within one year40/41€12k€1k▼
Trade receivables40€12k€1k▼
Other amounts receivable41-€24
Cash at bank and in hand54/58€6k€4k▼
Deferred charges and accrued income490/1€24€3k▲
Equity and liabilities
Total equity and liabilities10/49€19k€8k▼
Equity10/15€6k€-5k▼
Contributions10/11€3k€3k=
Outside capital11€3k-
Other1109/19€3k-
Profit (loss) carried forward14€3k€-8k▼
Amounts payable17/49€12k€13k▲
Amounts payable within one year42/48€12k€13k▲
Trade debts44€485€435▼
Suppliers440/4€485€435▼
Advances received on contracts in progress46€10k€10k=
Taxes, remuneration and social security45€1k€373▼
Taxes450/3€921€373▼
Remuneration and social security454/9€117€0▼
Other amounts payable47/48€1k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€2k€3k▲
Other operating charges640/8€2k€2k=
Gross operating margin9900€7k€-6k▼
Operating profit (loss)9901€2k€-11k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€174€156▼
Recurring financial charges65€174€156▼
Profit (loss) for the period before taxes9903€2k€-11k▼
Profit (loss) for the period9904€2k€-11k▼
Profit (loss) for the period to be appropriated9905€2k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-8k▼
Profit (loss) brought forward from the previous period14P€976€3k▲
Social balance
Average headcount (FTE)90870.8-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-11k ▼639%
Net result drops to €-11k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Charleroi · 2 establishment units since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Résolu 246061 CharleroiGround area
531 m²
Building footprint
106 m²
Volume, LiDAR
557 m³
2 parcels, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
ERMD
since 20202.299.513.573
FRITA'BELLA
since 20262.383.380.763
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52412A0446/00R004 | Wallonia | 377 m² | 1 · 61 m² | 4.7 m · 1 fl. |
| 52412A0572/00Y000 | Wallonia | 154 m² | 1 · 45 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteCharleroi2.383.380.763
Similar companies · same sector, comparable size
JW TRANSPORT
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DEVOSA
BE 0797.067.311
Hamme (Vl.) · Eq €6,048
LANGENS TRANSPORT
BE 0804.499.786
Pelt · Eq €6,044
ARCUS LOGISTICS
BE 0788.708.582
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CETU
BE 0836.463.761
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Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 3,072 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
52250Logistics services
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.