ERNA GROUP
InactiveERNA GROUP was declared bankrupt on 27-05-2024 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed for insufficient assets by judgment of 23-06-2025, published in the Belgian State Gazette on 02-07-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 03-07-2023, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
28 d early
2021
22 d late
2020
60 d late
2019
21 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 19 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2022, micro schema
Turnover
€60,559▲ 56.1%
2020 · €38,800
EBIT margin
58.4%▲ 42.6pp
2020 · 15.8%
Net result
-€6,156
2021 · €35,247
Working capital
-€11,479▼ 99.5%
2021 · -€5,753
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Turnover€38,800€60,559▲ 56.1%
Operating result-€360--€757▼ 110%€6,134€35,359▲ 476%-€3,715
Net result-€360--€757▼ 110%€6,105€35,247▲ 477%-€6,156
EBIT margin15.8%58.4%▲ 42.6pp
Equity-€35,017--€35,774▼ 2.2%-€29,669▲ 17.1%€5,577-€578
Total assets€25,309€63,692▲ 152%€45,842▼ 28.0%
Debt€35,017-€35,774▲ 2.2%€54,979▲ 53.7%€58,115▲ 5.7%€46,420▼ 20.1%
Working capital-€44,269-€5,753▲ 87.0%-€11,479▼ 99.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €3,715 after €35,359 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €45,842
Fixed assets
€10,901 ▼ 3.8%
Current assets
€34,941 ▼ 33.3%
Key figures and ratios
EBITDA
-€567▼
2021 · €39,670
Cash flow
-€3,009▼
2021 · €39,558
Solvency
-1.3%▼
2021 · 8.8%
Current ratio
0.75▼
2021 · 0.90
ROA
-13.4%▼
2021 · 55.3%
Interest coverage
-1.77▼
2021 · 354.20
Debt ≤ 1 year
€46,420▼
2021 · €58,115
Income taxes
€2,177
Staff costs
€25,292
Equity ratios withheld: equity of -€578 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €38,800 | €60,559 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €17,144 | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €25,292 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €0 | €4,311 | €3,147 | ▼ 27.0% |
| Other operating charges640/8 | - | - | - | €3,745 | €1,114 | ▼ 70.3% |
| Gross operating margin9900 | -€360 | -€659 | €7,294 | €43,415 | €25,839 | ▼ 40.5% |
| Operating profit (loss)9901 | -€360 | -€757 | €6,134 | €35,359 | -€3,715 | ▼ 111% |
| Financial income75/76B | - | - | - | - | €57 | - |
| Recurring financial income75 | - | - | €0 | - | €57 | - |
| Financial charges65/66B | - | - | - | €112 | €321 | ▲ 186% |
| Recurring financial charges65 | - | - | €29 | €112 | €321 | ▲ 186% |
| Profit (loss) for the period before taxes9903 | -€360 | -€757 | €6,105 | €35,247 | -€3,979 | ▼ 111% |
| Income taxes67/77 | - | - | €0 | - | €2,177 | - |
| Profit (loss) for the period9904 | -€360 | -€757 | €6,105 | €35,247 | -€6,156 | ▼ 117% |
| Profit (loss) for the period to be appropriated9905 | -€360 | -€757 | €6,105 | €35,247 | -€6,156 | ▼ 117% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | - | - | €25,309 | €63,692 | €45,842 | ▼ 28.0% |
| Formation expenses20 | - | - | €0 | - | - | - |
| Fixed assets21/28 | - | - | €14,600 | €11,330 | €10,901 | ▼ 3.8% |
| Intangible fixed assets21 | - | - | €0 | - | - | - |
| Tangible fixed assets22/27 | - | - | €14,600 | €11,330 | €10,901 | ▼ 3.8% |
| Plant, machinery and equipment23 | - | - | - | €797 | €5,301 | ▲ 565% |
| Furniture and vehicles24 | - | - | - | €10,533 | €5,600 | ▼ 46.8% |
| Financial fixed assets28 | - | - | €0 | - | - | - |
| Current assets29/58 | - | - | €10,709 | €52,362 | €34,941 | ▼ 33.3% |
| Stocks and contracts in progress3 | - | - | €0 | - | - | - |
| Amounts receivable within one year40/41 | - | - | €10,709 | €52,362 | €34,903 | ▼ 33.3% |
| Trade receivables40 | - | - | - | €52,362 | €32,711 | ▼ 37.5% |
| Other amounts receivable41 | - | - | - | - | €2,192 | - |
| Current investments50/53 | - | - | €0 | - | - | - |
| Cash at bank and in hand54/58 | - | - | €0 | - | €38 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | - | - | €25,309 | €63,692 | €45,842 | ▼ 28.0% |
| Equity10/15 | -€35,017 | -€35,774 | -€29,669 | €5,577 | -€578 | ▼ 110% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €20,451 | ▲ 10.0% |
| Capital10 | - | - | - | €18,592 | - | - |
| Issued capital100 | - | - | - | €18,592 | - | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | - | - |
| Non-distributable reserves130/1 | - | - | - | €1,859 | - | - |
| Legal reserve130 | - | - | - | €1,859 | - | - |
| Profit (loss) carried forward14 | -€55,468 | -€56,225 | -€50,121 | -€14,874 | -€21,029 | ▼ 41.4% |
| Provisions and deferred taxes16 | - | - | €0 | - | - | - |
| Amounts payable17/49 | €35,017 | €35,774 | €54,979 | €58,115 | €46,420 | ▼ 20.1% |
| Amounts payable after more than one year17 | - | - | €0 | - | - | - |
| Amounts payable within one year42/48 | €35,017 | €35,774 | €54,979 | €58,115 | €46,420 | ▼ 20.1% |
| Trade debts44 | €2,053 | €2,712 | €31,957 | €40,369 | €13,973 | ▼ 65.4% |
| Suppliers440/4 | - | - | - | €40,369 | €13,973 | ▼ 65.4% |
| Advances received on contracts in progress46 | - | - | - | - | €12,266 | - |
| Taxes, remuneration and social security45 | - | - | - | €94 | €253 | ▲ 169% |
| Taxes450/3 | - | - | - | €94 | - | - |
| Remuneration and social security454/9 | - | - | - | - | €253 | - |
| Other amounts payable47/48 | - | - | - | €17,652 | €19,928 | ▲ 12.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€360 | -€757 | €6,105 | €35,247 | -€6,156 | ▼ 117% |
| + Depreciation and write-downs630 | - | - | €0 | €4,311 | €3,147 | ▼ 27.0% |
| Operating cash flow (approximation) | -€360 | -€757 | €6,105 | €39,558 | -€3,009 | ▼ 108% |
| Investment in fixed assets (approximation) | - | - | - | -€1,041 | -€2,718 | ▼ 161% |
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
02-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 23-06-2025
2024
31-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 27-05-2024
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€6,156
Net result drops to -€6,156, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Highest result since 2018net €35,247 ▲477%
Operating result €35,359, net result €35,247, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
31-12
Financial
Back to profitnet €6,105
Net result €6,105 after 2 loss-making years.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Show earlier events
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
2014
08-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
7 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
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | LISA HEUNINCK VIJFSTRATEN 57-59, 9100 SINT-
NIKLAAS |
27-05-2024 → 23-06-2025 |
| Curator | ELKE M.J. GOOS-
SENS VIJFSTRATEN 57, 9100 SINT-NIKLAAS- |
27-05-2024 → 23-06-2025 |