Ermès
Open bankruptcyA bankruptcy procedure is open for Ermès according to publications in the Belgian State Gazette; curator: CHRISTOPHE BOURTEMBOURG.
Summary
The 2023 annual accounts show negative equity (€-121k) and a net result of €-66k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-10-2024, 86 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
86 d late
2022
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€-121k▼ 119%
2022 · €-55k
2022: €-55k
2022 → 2023
Total assets
€170k▲ 291%
2022 · €44k
2022: €44k
2022 → 2023
Net result
€-66k▲ 22.8%
2022 · €-85k
2022: €-85k
2022 → 2023
Working capital
€17k
2022 · €-18k
2022: €-18k
2022 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023Trend
Equity€-55k-€-121k▼ 119%
Operating result€-83k-€-64k▲ 23.1%
Net result€-85k-€-66k▲ 22.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €64k in 2023 against €83k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €170k
Fixed assets
€51k ▲ 236%
Current assets
€120k ▲ 319%
Key figures and ratios
EBITDA
€-54k▲
2022 · €-73k
Cash flow
€-55k▲
2022 · €-75k
Solvency
-70.8%▲
2022 · -126.1%
Current ratio
1.17▲
2022 · 0.61
Quick ratio
0.48▲
2022 · 0.19
Debt to equity
-2.41▼
2022 · -1.79
ROA
-38.5%▲
2022 · -194.9%
Interest coverage
-25.67▲
2022 · -41.79
Debt
€291k▲
2022 · €99k
Debt ≤ 1 year
€103k▲
2022 · €47k
Debt > 1 year
€188k▲
2022 · €52k
Staff costs
€80k▲
2022 · €60k
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 · 2023 against 2022 · 49 lines
Balance sheet
Code20222023
Assets
Total assets20/58€44k€170k▲
Fixed assets21/28€15k€51k▲
Intangible fixed assets21€5k€2k▼
Tangible fixed assets22/27€10k€29k▲
Furniture and vehicles24€10k€4k▼
Other tangible fixed assets26-€25k
Financial fixed assets28-€20k
Current assets29/58€29k€120k▲
Stocks and contracts in progress3€20k€70k▲
Stocks30/36€20k€70k▲
Amounts receivable within one year40/41€9k€41k▲
Trade receivables40€8k€40k▲
Other amounts receivable41€263€263=
Cash at bank and in hand54/58€405€4k▲
Deferred charges and accrued income490/1-€5k
Equity and liabilities
Total equity and liabilities10/49€44k€170k▲
Equity10/15€-55k€-121k▼
Contributions10/11€30k€30k=
Profit (loss) carried forward14€-85k€-151k▼
Amounts payable17/49€99k€291k▲
Amounts payable after more than one year17€52k€188k▲
Financial debts170/4€13k€9k▼
Other amounts payable178/9€39k€180k▲
Amounts payable within one year42/48€47k€103k▲
Current portion of amounts payable after more than one year42€4k€4k▼
Financial debts43€9k€374▼
Credit institutions430/8€9k€374▼
Trade debts44€11k€66k▲
Suppliers440/4€11k€66k▲
Taxes, remuneration and social security45€11k€32k▲
Taxes450/3€3k€7k▲
Remuneration and social security454/9€7k€25k▲
Other amounts payable47/48€11k€0▼
Income statement
Code20222023
Non-recurring operating income76A-€11k
Remuneration, social security and pensions62€60k€80k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€3k€14k▲
Non-recurring operating charges66A-€864
Gross operating margin9900€-10k€41k▲
Operating profit (loss)9901€-83k€-64k▲
Financial income75/76B-€496
Recurring financial income75-€496
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-85k€-66k▲
Profit (loss) for the period9904€-85k€-66k▲
Profit (loss) for the period to be appropriated9905€-85k€-66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-85k€-151k▼
Profit (loss) brought forward from the previous period14P-€-85k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL ERMES AVENUE LOUISE 279, 1050 IXELLES · event 06-06-2025
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 86 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
SignalNBB filing
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, Brussel · 1 establishment unit since 2021
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.
Louizalaan 2791050 BrusselGround area
3,416 m²
Building footprint
2,876 m²
Volume, LiDAR
48,461 m³
2 parcels, Brussels · tallest building 31.7 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Ermès
since 20212.319.550.013
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0172/00G000 | Brussels | 3,384 m² | 1 · 2,779 m² | 31.7 m · 8 fl. |
| 21562A0282/00Z004 | Brussels | 32 m² | 1 · 97 m² | 18.2 m · 6 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE BOURTEMBOURG AVENUE
LOUISE 283/19, 1050 IXELLES- christophe.bourtembourg@everest-
law.eu |
06-06-2025 → present |
Similar companies · same sector and region
BARHOUN CONCEPT
BE 0837.561.346
Elsene
CYCLES DEVOS
BE 0477.070.546
Elsene
MOBY GREEN
BE 1008.391.511
Brussel
2D Motorcycles
BE 0716.914.825
Braine-l'Alleud
AIRCRAFT TECHNIC
BE 0475.760.056
Kampenhout
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,128 companies in sector 47830 we hold annual accounts for 468. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47830Retail sale of motorcycles and motorcycle parts and accessories
46495Wholesale trade
47632Retail sale of bicycles
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.ermes.be
E-mail:info@ermes.be