Equity
-€120,519 ▼ 119%
Equity fell in 2023 from -€54,959 to -€120,519.
Ermès
Overview
Information for creditors
French-language Enterprise Court of Brussels · Official Gazette of 12-06-2025Appeal or third-party opposition 27-06-2025Filing the claim in RegSol 06-07-2025First verification report 16-07-2025Late claim 06-06-2026
Trustee: Christophe Bourtembourg. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Lifetime
2 annual accounts with figures on one time axispeak €41,195 (2023)
€41,195▲ €51,330
lowest -€84,959 (2022)
-€65,560▲ €19,399
peak -€54,959 (2022)
-€120,519▼ €65,560
€290,794▲ 195%
Board3 names since 2021
3 directorsGUILMIN,Adrien Sébastien Marie and 2 others
Documentsfilings and deeds
25-10-202486 days late
2023micro format
Gross margin from -€10,135 to €41,195Loss of €65,560Equity from -€54,959 to -€120,519Debts from €98,549 to €290,794Investments €45,712Cash from €405 to €4,110
Key points
from the 2023 annual accounts, the last ones filedDebts
€290,794 171% of the balance sheet
Financial debts 3%Suppliers 23%Taxes and wages 11%Other 63%
Of this, €102,596 falls due within a year.
Investments
€26,786 2.6 × depreciation
Green is investment, beige is depreciation.
Staff
6 employees on 31-12-2023
In 2023, 13 people joined and 9 left.
Liquidity
1.17 was 0.61 in 2022
Short-term debts rose from €46,558 to €102,596.
At the same address
4 companies
MROWE came to this address 137 days after the ruling.
No score
Signals
Restart pattern
1 indication
A company was founded shortly before or after the bankruptcy of another, with a director in both or at the same registered office.
- BankruptThis companyjudgment 06-06-2025
KAMEO Bikes BXL was founded 24 days after the bankruptcy of this company. GUILMIN,Adrien Sébastien Marie sat on both boards.
- GUILMIN,Adrien Sébastien Marie director of both
This is a pattern, not a judgment. A new start after a bankruptcy is often entirely legitimate. The facts come from the KBO register, the Belgian Official Gazette, the director data and the annual accounts at the NBB. The same name in two sets of accounts is not necessarily the same person. What the facts mean is for you to look into.
Recent changes
4 companies at this address later
Bienfait, Anne-Sophie, IS BRUXELLES, KESTREL MANAGEMENT and MROWE · since 2025
Bankruptcy published
French-language Enterprise Court of Brussels · judgment of 06-06-2025 · Bankruptcy
Registered office moved from Auderghem to Brussels
New registered office: Avenue Louise 279, 1000 Bruxelles · Previous registered office: Avenue Henri de Brouckère 66, boîte 4, 1160 Auderghem · Resignations: Olivier Belenger (director) and Jean-Marc Charles Julien Bryskère (director) · General meeting of 15-12-2024 · Gazette deed
First establishment
Dethystraat 68, Sint-Gillis (bij-Brussel)
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 06-06-2025
- Registered office
- 32 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 8 November 2026.
- Activity
- Retail sale of motorcycles and motorcycle parts and accessoriesNACE 47830and 2 others
- Establishment unit
- 2.319.550.0131060 Sint-Gillis (bij-Brussel), since 01-06-2021
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2023
- €41,195
- ≈ €290,000estimated
- €65,560▼ 22.8%
- -€120,519▼ 119%
- €170,275▲ 291%
- Employeeson 31-12-2023
- 6▲ 200%
- Filing
- Filed on 25-10-2024
Insights on Ermès
On 6 June 2025 the court declared Ermès bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2023
micro format, filed on 25-10-2024, 86 days late€41,195
▲ €51,330
-€63,962
▲ €19,249
-€65,560
▲ €19,399
€17,143
▲ €35,129
-70.8%
▲ 55.3 percentage points
1.17
▲ 0.55
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €290,000. Estimated: probably between €110,000 and €880,000.
Balance sheet
balance sheet total €170,275 on 31-12-2023What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-70.8%
Higher than 10% of 23,980 companies in 2023.
1.17
Higher than 40% of 23,183 companies in 2023.
-38.5%
Higher than 7% of 23,323 companies in 2023.
Ermès
Middle half of the sector
80% of the sector
Micro accounts in retail trade (NACE 47)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
Staff
€26,555
Staff costs divided by the average number of full-time equivalents.
+4 people
people who joined
people who left
In 2023, 13 people joined and 9 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2023 | 2022 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
170,275 | 43,590 | |
21/28 |
50,537 | 15,019 | |
21 |
2,054 | 4,947 | |
22/27 |
28,692 | 10,072 | |
24 |
4,089 | 10,072 | |
26 |
24,604 | - | |
28 |
19,790 | - | |
29/58 |
119,738 | 28,571 | |
3 |
70,033 | 19,643 | |
30/36 |
70,033 | 19,643 | |
40/41 |
40,693 | 8,523 | |
40 |
40,430 | 8,260 | |
41 |
263 | 263 | |
54/58 |
4,110 | 405 | |
490/1 |
4,903 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
170,275 | 43,590 | |
10/15 |
-120,519 | -54,959 | |
10/11 |
30,000 | 30,000 | |
14 |
-150,519 | -84,959 | |
17/49 |
290,794 | 98,549 | |
17 |
188,199 | 51,991 | |
170/4 |
8,644 | 12,819 | |
178/9 |
179,555 | 39,172 | |
42/48 |
102,596 | 46,558 | |
42 |
4,176 | 4,448 | |
43 |
374 | 9,215 | |
430/8 |
374 | 9,215 | |
44 |
65,828 | 11,459 | |
440/4 |
65,828 | 11,459 | |
45 |
32,218 | 10,622 | |
450/3 |
7,044 | 3,261 | |
454/9 |
25,175 | 7,361 | |
47/48 |
0 | 10,815 | |
| Income statement | |||
76A |
11,334 | - | |
9900 |
41,195 | -10,135 | |
62 |
79,664 | 60,217 | |
630 |
10,194 | 10,133 | |
640/8 |
14,434 | 2,727 | |
66A |
864 | - | |
9901 |
-63,962 | -83,211 | |
75/76B |
496 | - | |
75 |
496 | - | |
65/66B |
2,094 | 1,749 | |
65 |
2,094 | 1,749 | |
9903 |
-65,560 | -84,959 | |
9904 |
-65,560 | -84,959 | |
9905 |
-65,560 | -84,959 | |
| Appropriation of the result | |||
9906 |
-150,519 | -84,959 | |
14P |
-84,959 | - | |
| Social balance sheet | |||
9087 |
3 | 1.3 | |
Hours worked1013 |
5,004 | 3,374 | |
| Document | |||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2023 (PDF), filed on 25-10-2024.
Filings
each dot is a set of accounts, on the day it reached the National Bank2023 annual accounts filed 86 days after the deadline. Filed on 25 October 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00518405.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2023 | 2022 |
|---|---|---|---|
| -53,767 | -73,078 | ||
| -55,366 | -74,827 | ||
| 46,576 | 25,151 | ||
| 3,705 | - | ||
| 17,143 | -17,987 | ||
| -70.8% | -126.1% | ||
| 1.17 | 0.61 | ||
| 0.48 | 0.19 | ||
| -38.5% | -194.9% | ||
| -25.67 | -41.79 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2023 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 6 | 2 |
| full-time | 1 | 2 |
| part-time | 5 | - |
| in full-time equivalents | 3.4 | 2 |
| 3 | 1.3 | |
| On a permanent contract | 3 | 2 |
| Joined | 13 | 3 |
| Left | 9 | 0 |
| Training hours | 0 | - |
Source: social balance sheet in the 2022 to 2023 annual accounts
Investments
fixed assets acquired| Item | 2023 | 2022 |
|---|---|---|
| Tangible fixed assets | €26,786 | €17,950 |
| Intangible fixed assets | - | €7,201 |
| Financial fixed assets | €19,790 | - |
| €10,194 | €10,133 |
Source: notes to the 2022 to 2023 annual accounts (statement of fixed assets)
Insights on Ermès
The operating result for 2023 is a loss of €63,962, smaller than the loss of €83,211 in 2022.
Equity is negative. Debt (€290,794) exceeds the balance-sheet total (€170,275).
Board & ownership
Curator
the curator has managed the company since 06-06-2025Last board
1 director, 1 in day-to-day management, no change since 2024Chair of the board and managing director and director
chair of the board and managing director appointed by deed of 04-05-2021
director since 30-04-2021
also on the board of 1 other company
listed in the 2023 annual accounts, filed on 25-10-2024
Mandates through the years
3 names, the dashed line is todayGUILMIN,Adrien Sébastien Marie
Director, Chair of the board and managing director
Director, Chair of the board and managing director
Olivier BELENGER
Director
Director
LeadershipBoardEarlierBankruptcy 06-06-2025
Mandates as a list
- GUILMIN,Adrien Sébastien Marie
- Director, from 30-04-2021, until the bankruptcy of 06-06-2025
- Chair of the board and managing director, appointed by deed of 04-05-2021, until the bankruptcy of 06-06-2025
- Chair of the board and managing director, appointed by deed of 04-05-2021, until the bankruptcy of 06-06-2025
- BRYSKERE Jean-Marc Charles Julien
- Director, from 30-04-2021 to 15-12-2024
- Olivier BELENGER
- Director, from 30-04-2021 to 15-12-2024
Control
Capital
- Contribution
- €30,000
- Shares
- 30,000
- Contribution per share
- €1
- Equity per share
- -€4.02 in 2023
- Source
- deed of 04-05-2021
Articles of association
deed of 04-05-2021 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 3 directors
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 15 June at 17:00
Shareholders
Stated in the deed
deed of 14-02-2025 ↗
- Adrien Sébastien Marie Guilmin 10,000 shares
At incorporation
deed of 04-05-2021 ↗
- GUILMIN Adrien Sébastien Marie 10,000 shares (33.3%) · €10,000
- BELENGER Olivier 10,000 shares (33.3%) · €10,000
- BRYSKERE Jean-Marc Charles Julien 10,000 shares (33.3%) · €10,000
Network & group
No group
Ermès has no parent and no holdings in its annual accounts. GUILMIN,Adrien Sébastien Marie is the only director.
At the same address
Louizalaan 279, 1050 Brussels · 31 other companies| Wemanity Reply
establishment since 11-03-2013 · founded in 2013 |
63 FTE (2025) 0521.915.329 |
| Tribes Holding
establishment since 01-10-2015 · founded in 2015 · negative equity (2025) |
total assets €6.1m (2025) 0639.824.965 |
| CONSEIL DES BUREAUX (ASSOCIATION INTERNATIONALE DES BUREAUX NATIONAUX D'ASSURANCE AUTOMOBILE)
registered office since 17-09-2005 · founded in 2005 |
12 FTE (2025) 0877.104.682 |
| PARMA GROUP
registered office since 10-07-2020 · founded in 2020 |
total assets €5.0m (2026) 0750.529.679 |
| TAX & LEGAL SOLUTIONS
registered office since 20-05-2022 · founded in 2022 |
1 FTE (2025) 0786.438.584 |
| WIPLAW
establishment since 01-09-2023 · founded in 2011 |
5.8 FTE (2025) 0840.054.147 |
| ATROIS BELGIUM
establishment since 01-09-2023 · founded in 2022 · negative equity (2025) |
total assets €467,132 (2025) 0787.535.179 |
| Costabel
establishment since 10-07-2020 · founded in 2020 |
total assets €301,499 (2025) 0750.484.248 |
| LEGAL AVENUE
registered office since 05-09-2018 · founded in 2018 · accounts filed late |
total assets €260,346 (2024) 0702.851.211 |
| QUICK HOME
registered office since 21-11-2024 · founded in 2024 · negative equity (2025) |
total assets €250,981 (2025) 1016.470.126 |
Earlier ties
| BioSenic via BELENGER Olivier, at Ermès until 2024 · Director · deed of 23-12-2013 founded in 2006 · negative equity (2025) |
total assets €3.4m (2025) |
| INKCOMING via BRYSKERE Jean-Marc Charles Julien, at Ermès until 2024 · Class B director · deed of 06-07-2020 founded in 2019 |
5.1 FTE (2025) |
| DIGIT 89 via BELENGER Olivier, at Ermès until 2024 · Class A director · deed of 09-11-2021 founded in 2021 |
3.8 FTE (2025) |
| SNAPPIES via BELENGER Olivier (at Ermès until 2024) and BRYSKERE Jean-Marc Charles Julien (at Ermès until 2024) · Director · deed of 17-01-2023 founded in 2020 |
total assets €742,760 (2025) |
| Bizitip via BELENGER Olivier, at Ermès until 2024 · Permanent representative · deed of 28-10-2025 founded in 2021 |
total assets €172,021 (2025) |
| 50°NORTH VENTURES via BELENGER Olivier, at Ermès until 2024 · Permanent representative · deed of 11-06-2020 No longer active · founded in 2014 |
total assets €4.7m (2024) |
Connections & network
1 connected companyThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
KAMEO Bikes BXL
via GUILMIN,Adrien Sébastien Marie · Director (not named in the articles) · deed of 02-07-2025
Founded in 2025 · total assets €201,206 (2025) · negative equity
→
Timeline
Timeline
7 events since 2021Board
Filings
Establishments
Insolvency
Address
202220242026
2026
4 companies at this address later Bienfait, Anne-Sophie, IS BRUXELLES, KESTREL MANAGEMENT and MROWE · since 2025
2025
Bankruptcy published French-language Enterprise Court of Brussels · judgment of 06-06-2025
Registered office moved from Auderghem to BrusselsNew registered office: Avenue Louise 279, 1000 Bruxelles · Previous registered office: Avenue Henri de Brouckère 66, boîte 4, 1160 Auderghem · Resignations: Olivier Belenger (director) and Jean-Marc Charles Julien Bryskère (director) · General meeting of 15-12-20247 points ▸
- General meeting, 15-12-2024
- Adrien Sébastien Marie Guilmin holds 10,000 shares
- Director resignation, Olivier Belenger
- Director discharge, Olivier Belenger
- Director resignation, Jean-Marc Charles Julien Bryskère
- Director discharge, Jean-Marc Charles Julien Bryskère
- Registered-office move, Avenue Louise 279, 1000 Bruxelles
2024
Annual accounts 2023 filed PDFmicro format · 86 days late
2023
Annual accounts 2022 filed PDFmicro format · 31 days late
2021
First establishment Dethystraat 68, Sint-Gillis (bij-Brussel)
IncorporationFounding capital of €30,000, 30,000 shares · Founders: GUILMIN Adrien Sébastien Marie, BELENGER Olivier and BRYSKERE Jean-Marc Charles Julien · Appointments: GUILMIN Adrien Sébastien Marie (chair of the board and managing director), BELENGER Olivier and BRYSKERE Jean-Marc Charles Julien · published on 04-05-202110 points ▸
- Founder, GUILMIN Adrien Sébastien Marie
- Founder, BELENGER Olivier
- Founder, BRYSKERE Jean-Marc Charles Julien
- Founding capital, €30,000, 30,000 shares
- Board rule, 3
- Director appointment, GUILMIN Adrien Sébastien Marie
- Director appointment, BELENGER Olivier
- Director appointment, BRYSKERE Jean-Marc Charles Julien
- Registered office clause, Avenue Henri de Brouckère 66 boîte 4, 1160 Auderghem
- Director appointment, GUILMIN Adrien Sébastien Marie (chair of the board and managing director)
- The deed holds 10 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Ermès was incorporated on 30 April 2021 as a private limited company by three natural persons, with a starting capital of €30,000.12 The registered office was moved to Brussels in 2025.3 Since 2021, GUILMIN,Adrien Sébastien Marie has served as director.4 On 6 June 2025 the company was declared bankrupt.5
Company details
Identity
- Enterprise number
- 0767.713.428
- VAT number
- BE 0767.713.428
- Legal form
- Private limited company
- Status
- In bankruptcy, since 06-06-2025
- Founded
- 30-04-2021
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 15 June at 17:00deed of 04-05-2021 (in French)
- Website
- www.ermes.be
- Peppol
- Not found in the Peppol Directory
- Name
- Ermès in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 04-05-2021 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”deed of 04-05-2021 (in French)
Activities
NACEBEL 202547830
Retail sale of motorcycles and motorcycle parts and accessories main activity
46495
Wholesale trade
47632
Retail sale of bicycles
Codes under NACEBEL 2008
45402
main activity
46495
Wholesale trade
47785
Retail trade
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Le montage,la conception,la transformation,la réparation,l’entretien et le nettoyage de vélos de tout type et autres véhicules légers (vélos…”deed of 04-05-2021 (in French)
5 activities
- Le montage,la conception,la transformation,la réparation,l’entretien et le nettoyage de vélos de tout type et autres véhicules légers (vélos à assistance électrique,trottinettes,vélos-cargo,etc.) en atelier et chez les particuliers
- La vente,l’import,l’export,l’achat,la location de matériel et pièces de rechange pour vélos de tout type et autres véhicules légers
- La vente,l’import,l’export,l’achat,la location d’accessoires pour vélos de tout type et autres véhicules légers
- La vente,l’import,l’export,l’achat,la location de vélos de tout type et autres véhicules légers neufs
- L’achat,la vente,l’import,l’export,la location et la revente de vélos de tout type et autres véhicules légers d’occasion
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Louizalaan 279 registered office 1050 Brussels | ||
| Dethystraat 68 1060 Sint-Gillis (bij-Brussel) 30910 Manufacture of other transport equipment | 01-06-2021 | 2.319.550.013 |
1 former office
- Avenue Henri de Brouckère 66,boîte 4, 1160 Auderghem until 15-12-2024 · deed of 14-02-2025
Buildings and parcels at the addresses
- Ground area
- 3,416 m²
- Buildings
- 2,876 m²
- Volume, LiDAR
- 48,461 m³
- Tallest building
- 31.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21807G0172/00G000 | 3,384 m² | 1 · 2,779 m² | 31.7 m · 8 |
| 21562A0282/00Z004 | 32 m² | 1 · 97 m² | 18.2 m · 6 |
Contact
E-mail
info@ermes.be