Summary
Ermetal is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €39k and a net result of €36k. Its solvency ranks better than 60% of 9863 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
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. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2023, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
38 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€39k
Net result
€36k
Total assets
€59k
Solvency
65.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €59k
Equity
€39k
Debt
€21k
Debt finances 34.9% of the balance-sheet total.
Key figures and ratios
ROE
92.2%
ROA
60.0%
Debt ≤ 1 year
€21k
Income taxes
€13k
Filed annual accounts As filed with the NBB · 2024 · 24 lines
Balance sheet
Code2024
Assets
Total assets20/58€59k
Current assets29/58€59k
Cash at bank and in hand54/58€59k
Equity and liabilities
Total equity and liabilities10/49€59k
Equity10/15€39k
Contributions10/11€3k
Reserves13€36k
Distributable reserves133€36k
Amounts payable17/49€21k
Amounts payable within one year42/48€21k
Trade debts44€1k
Suppliers440/4€1k
Taxes, remuneration and social security45€19k
Taxes450/3€19k
Income statement
Code2024
Other operating charges640/8€772
Gross operating margin9900€50k
Operating profit (loss)9901€49k
Profit (loss) for the period before taxes9903€49k
Income taxes67/77€13k
Profit (loss) for the period9904€36k
Profit (loss) for the period to be appropriated9905€36k
Appropriation of the result
Profit (loss) to be appropriated9906€36k
Transfer to equity691/2€36k
To other reserves6921€36k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 |
|---|---|
| Other operating charges640/8 | €772 |
| Gross operating margin9900 | €50k |
| Operating profit (loss)9901 | €49k |
| Profit (loss) for the period before taxes9903 | €49k |
| Income taxes67/77 | €13k |
| Profit (loss) for the period9904 | €36k |
| Profit (loss) for the period to be appropriated9905 | €36k |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €59k | |
| Current assets29/58 | €59k | |
| Cash at bank and in hand54/58 | €59k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €59k | |
| Equity10/15 | €39k | |
| Contributions10/11 | €3k | |
| Reserves13 | €36k | |
| Distributable reserves133 | €36k | |
| Amounts payable17/49 | €21k | |
| Amounts payable within one year42/48 | €21k | |
| Trade debts44 | €1k | |
| Suppliers440/4 | €1k | |
| Taxes, remuneration and social security45 | €19k | |
| Taxes450/3 | €19k | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €36k |
| Operating cash flow (approximation) | €36k |
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
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Zulte · 1 establishment unit since 2024
Ground area
675 m²
Building footprint
101 m²
Volume, LiDAR
598 m³
Parcel 44037B0676/00K002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ermetal
since 20242.352.860.110
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44037B0676/00K002 | Flanders | 675 m² | 1 · 101 m² | 9.6 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.
Similar companies · same sector, comparable size
G.C.C.
BE 0765.221.716
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GROUPE RAM
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BE 0568.553.325
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ARVININE HOLDING
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 9,595 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
Founded06-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.