More equity than 82% of companies in specialised construction. Sector median €57,824 · 37,191 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 26,969 companies had the same profile as ERN TECH has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Micro
5 to 10 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,969 companies, not a prediction for ERN TECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0754371869
Incorporation
Founders: Hidden nameVisible after signing in and Name after signing inVisible after signing in · 100 shares · Appointments: Name hiddenVisible after signing in (director) and Hidden nameVisible after signing in (director) · published on 16-09-2020 · Gazette deed
First establishment
Place des Sabotiers, Awenne 12, Saint-Hubert
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as ERN TECH: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €295,000 and €362,000, founded between 2020 and 2021.
The company number of ERN TECH is 0754.371.869. The VAT number is the same number with BE in front: BE 0754.371.869.
Where is ERN TECH based?
The registered office is at Place des Sabotiers, Awenne 12, 6870 Saint-Hubert.Company details
What does ERN TECH do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of ERN TECH?
ERN TECH is a private limited company (BV).
When was ERN TECH founded?
ERN TECH was founded on 14-09-2020.
Is ERN TECH still active?
Yes, ERN TECH is an active enterprise in the KBO register.
How many employees does ERN TECH have?
ERN TECH had an average of 1.3 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of ERN TECH?
The turnover in financial year 2025 is ≈ €600,000. This figure is estimated from the gross margin of €200,356 and 38 comparable companies (NACE 43211). It probably lies between €400,000 and €730,000.
Is ERN TECH profitable?
In financial year 2025, ERN TECH made a profit of €21,041.
Where can I find the annual accounts of ERN TECH?
ERN TECH filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ERN TECH due?
ERN TECH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline