ERNOULD André
ActiveSummary
ERNOULD André has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €294,565 and a net result of €23,035. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 75% of 6719 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability83▲+14
Solvency89=
Growth67▲+16
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity ample (current ratio 1.9 against 1.91 in 2023; short-term debt: 36.4% and cash: 54% of total assets), and 36.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 02-06-2025, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
59 d early
2023
41 d early
2022
39 d early
2021
61 d early
2020
64 d early
2019
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 48 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€243,626▲ 2.3%
2023 · €238,236
EBIT margin
14.5%▲ 10.3pp
2023 · 4.2%
Net result
€23,035▲ 236%
2023 · €6,859
Working capital
€150,756▲ 8.5%
2023 · €138,968
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€183,473▼ 1.2%€193,335▲ 5.4%€225,934▲ 16.9%€238,236▲ 5.4%€243,626▲ 2.3%
Operating result€10,282€18,520▲ 80.1%€14,778▼ 20.2%€9,898▼ 33.0%€35,333▲ 257%
Net result€8,586within the sector's middle half€13,342within the sector's middle half▲ 55.4%€10,720within the sector's middle half▼ 19.6%€6,859within the sector's middle half▼ 36.0%€23,035above the sector's middle half▲ 236%
EBIT margin5.6%▲ 13.2pp9.6%▲ 4.0pp6.5%▼ 3.0pp4.2%▼ 2.4pp14.5%▲ 10.3pp
Equity€240,608within the sector's middle half▲ 3.7%€253,950above the sector's middle half▲ 5.5%€264,670above the sector's middle half▲ 4.2%€271,529above the sector's middle half▲ 2.6%€294,565above the sector's middle half▲ 8.5%
Total assets€354,573within the sector's middle half▼ 1.3%€376,712above the sector's middle half▲ 6.2%€400,746above the sector's middle half▲ 6.4%€424,814above the sector's middle half▲ 6.0%€462,863above the sector's middle half▲ 9.0%
Debt€113,965▼ 10.5%€122,761▲ 7.7%€136,075▲ 10.8%€153,285▲ 12.6%€168,299▲ 9.8%
Working capital€122,187▲ 13.7%€151,802▲ 24.2%€179,613▲ 18.3%€138,968▼ 22.6%€150,756▲ 8.5%
Solvency67.9%above the sector's middle half▲ 3.3pp67.4%above the sector's middle half▼ 0.4pp66.0%above the sector's middle half▼ 1.4pp63.9%within the sector's middle half▼ 2.1pp63.6%within the sector's middle half▼ 0.3pp
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 257% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €462,863
Fixed assets
€143,809 ▲ 8.5%
Current assets
€319,055 ▲ 9.2%
Equity and liabilities €462,863
Equity
€294,565 ▲ 8.5%
Debt
€168,299 ▲ 9.8%
Debt's share of the balance-sheet total rises from 36.1% to 36.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€68,586▲
2023 · €27,394
Cash flow
€56,288▲
2023 · €24,355
Current ratio
1.90▼
2023 · 1.91
Quick ratio
1.82▼
2023 · 1.87
Debt to equity
0.57▲
2023 · 0.56
ROE
7.8%▲
2023 · 2.5%
ROA
5.0%▲
2023 · 1.6%
Interest coverage
60.17▲
2023 · 27.47
Debt ≤ 1 year
€168,299▲
2023 · €153,285
Income taxes
€11,170▲
2023 · €2,044
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,684 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €183,473 | €193,335 | €225,934 | €238,236 | €243,626 | ▲ 2.3% |
| Non-recurring operating income76A | - | €182 | - | €0 | €0 | ▼ 74.5% |
| Goods, raw materials, services and sundry goods60/61 | - | €151,945 | €187,651 | €197,665 | €167,153 | ▼ 15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,239 | €15,624 | €17,091 | €17,496 | €33,253 | ▲ 90.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €638 | €1,005 | €675 | €554 | ▼ 17.9% |
| Other operating charges640/8 | - | €6,791 | €5,409 | €12,502 | €7,333 | ▼ 41.3% |
| Gross operating margin9900 | €36,148 | €41,572 | €38,283 | €40,572 | €76,473 | ▲ 88.5% |
| Operating profit (loss)9901 | €10,282 | €18,520 | €14,778 | €9,898 | €35,333 | ▲ 257% |
| Financial income75/76B | - | €1 | - | €2 | €12 | ▲ 530% |
| Recurring financial income75 | €8 | €1 | - | €2 | €12 | ▲ 530% |
| Financial charges65/66B | - | €855 | €834 | €997 | €1,140 | ▲ 14.3% |
| Recurring financial charges65 | €904 | €855 | €834 | €997 | €1,140 | ▲ 14.3% |
| Non-recurring financial charges66B | - | - | - | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €9,386 | €17,667 | €13,944 | €8,903 | €34,205 | ▲ 284% |
| Income taxes67/77 | €800 | €4,325 | €3,224 | €2,044 | €11,170 | ▲ 447% |
| Profit (loss) for the period9904 | €8,586 | €13,342 | €10,720 | €6,859 | €23,035 | ▲ 236% |
| Profit (loss) for the period to be appropriated9905 | €8,586 | €13,342 | €10,720 | €6,859 | €23,035 | ▲ 236% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €354,573 | €376,712 | €400,746 | €424,814 | €462,863 | ▲ 9.0% |
| Fixed assets21/28 | €118,421 | €102,148 | €85,058 | €132,562 | €143,809 | ▲ 8.5% |
| Tangible fixed assets22/27 | €118,362 | €102,089 | €84,998 | €132,502 | €143,749 | ▲ 8.5% |
| Land and buildings22 | - | €3,402 | €1,877 | €1,101 | €326 | ▼ 70.4% |
| Plant, machinery and equipment23 | - | €3,326 | €3,113 | €2,900 | €2,687 | ▼ 7.4% |
| Furniture and vehicles24 | - | €95,360 | €80,008 | €128,501 | €140,737 | ▲ 9.5% |
| Financial fixed assets28 | €59 | €59 | €59 | €59 | €59 | = |
| Current assets29/58 | €236,152 | €274,563 | €315,688 | €292,253 | €319,055 | ▲ 9.2% |
| Stocks and contracts in progress3 | €7,362 | €6,834 | €3,952 | €6,098 | €12,668 | ▲ 108% |
| Stocks30/36 | - | €6,834 | €3,952 | €6,098 | €12,668 | ▲ 108% |
| Amounts receivable within one year40/41 | €48,955 | €37,412 | €54,425 | €71,428 | €56,621 | ▼ 20.7% |
| Trade receivables40 | - | €32,177 | €49,944 | €48,174 | €52,901 | ▲ 9.8% |
| Other amounts receivable41 | - | €5,235 | €4,481 | €23,254 | €3,720 | ▼ 84.0% |
| Cash at bank and in hand54/58 | €179,835 | €230,318 | €255,953 | €214,726 | €249,766 | ▲ 16.3% |
| Deferred charges and accrued income490/1 | - | - | €1,359 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €354,573 | €376,712 | €400,746 | €424,814 | €462,863 | ▲ 9.0% |
| Equity10/15 | €240,608 | €253,950 | €264,670 | €271,529 | €294,565 | ▲ 8.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €57,860 | €69,860 | €79,860 | €84,860 | €106,860 | ▲ 25.9% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | €68,000 | €78,000 | €83,000 | €105,000 | ▲ 26.5% |
| Profit (loss) carried forward14 | €164,148 | €165,490 | €166,210 | €168,069 | €169,105 | ▲ 0.6% |
| Amounts payable17/49 | €113,965 | €122,761 | €136,075 | €153,285 | €168,299 | ▲ 9.8% |
| Amounts payable within one year42/48 | €113,965 | €122,761 | €136,075 | €153,285 | €168,299 | ▲ 9.8% |
| Current portion of amounts payable after more than one year42 | - | €1,240 | €1,240 | €1,550 | €1,550 | = |
| Trade debts44 | €927 | €1,614 | €5,207 | €8,303 | €6,922 | ▼ 16.6% |
| Suppliers440/4 | - | €1,614 | €5,207 | €8,303 | €6,922 | ▼ 16.6% |
| Taxes, remuneration and social security45 | - | €4,325 | €8,984 | €3,283 | €16,008 | ▲ 388% |
| Taxes450/3 | - | €4,325 | €7,744 | €2,044 | €14,769 | ▲ 623% |
| Remuneration and social security454/9 | - | - | €1,239 | €1,239 | €1,239 | = |
| Other amounts payable47/48 | - | €115,582 | €120,645 | €140,149 | €143,818 | ▲ 2.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,586 | €13,342 | €10,720 | €6,859 | €23,035 | ▲ 236% |
| + Depreciation and write-downs630 | €17,239 | €15,624 | €17,091 | €17,496 | €33,253 | ▲ 90.1% |
| Operating cash flow (approximation) | €25,825 | €28,966 | €27,811 | €24,355 | €56,288 | ▲ 131% |
| Investment in fixed assets (approximation) | - | €649 | €0 | -€65,000 | -€44,500 | ▲ 31.5% |
| Change in cash | - | €50,483 | €25,635 | -€41,227 | €35,040 | ▲ 185% |
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
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €23,035 ▲236%
Operating result €35,333, net result €23,035, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €8,586
Net result €8,586 after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet -€14,468
Net result drops to -€14,468, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
06-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Philippeville · 1 establishment unit since 1991
Ground area
943 m²
Building footprint
107 m²
Parcel 93056B0401/00E003, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Merlemont 17, 5600 Philippeville
since 19912.052.992.330
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93056B0401/00E003 | Wallonia | 943 m² | 1 · 107 m² | - |
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.
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Of 12,584 companies in sector 49410 we hold annual accounts for 8,199. 5,872 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
Founded31-05-1991
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
02400Forestry and logging
47521Retail sale of hardware, building materials, paint and glass (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0444197840
Also
9925:BE0444197840
Registered
30-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.