EROGLU
ActiveSummary
EROGLU has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €163k and a net result of €38k. Equity is growing by ~46% per year across the filed fiscal years. Its solvency ranks better than 91% of 13417 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92▼-4
Solvency100=
Growth63=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 4.93 against 4.5 in 2024; short-term debt: 19.8% and cash: 11.1% of total assets), and 19.8% 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.2%
Return on assets
18.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
101 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Turnover
€83k▲ 0.6%
2018 · €82k
EBIT margin
10.5%▲ 6.7pp
2018 · 3.8%
Net result
€38k▲ 10.1%
2024 · €34k
Working capital
€158k▲ 31.8%
2024 · €120k
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
Line20212022202320242025
Turnover
Operating result€38k▲ 120%€27k▼ 28.1%€35k▲ 30.1%€46k▲ 31.2%€49k▲ 5.9%
Net result€31k▲ 81.5%€22k▼ 28.4%€25k▲ 13.8%€34k▲ 37.0%€38k▲ 10.1%
EBIT margin
Equity€44k▲ 227%€66k▲ 49.7%€91k▲ 37.8%€125k▲ 37.6%€163k▲ 30.1%
Total assets€53k▲ 258%€91k▲ 70.6%€112k▲ 23.7%€159k▲ 41.9%€203k▲ 27.4%
Debt€9k▲ 554%€25k▲ 172%€21k▼ 14.0%€34k▲ 60.6%€40k▲ 17.5%
Working capital€44k▲ 242%€59k▲ 35.8%€84k▲ 40.8%€120k▲ 43.0%€158k▲ 31.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €203k
Fixed assets
€5k ▼ 6.5%
Current assets
€198k ▲ 28.6%
Equity and liabilities €203k
Equity
€163k ▲ 30.1%
Debt
€40k ▲ 17.5%
Debt's share of the balance-sheet total falls from 21.4% to 19.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€51k▲
2024 · €48k
Cash flow
€40k▲
2024 · €36k
Current ratio
4.93▲
2024 · 4.50
Quick ratio
4.89▲
2024 · 4.36
Debt to equity
0.25▼
2024 · 0.27
ROE
23.1%▼
2024 · 27.3%
ROA
18.5%▼
2024 · 21.5%
Interest coverage
177.24▼
2024 · 371.87
Debt ≤ 1 year
€40k▲
2024 · €34k
Income taxes
€18k▲
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €349 | €456 | €1k | €2k | €2k | ▲ 9.3% |
| Other operating charges640/8 | €564 | €567 | €2k | €2k | €2k | ▲ 18.7% |
| Gross operating margin9900 | €38k | €28k | €38k | €49k | €53k | ▲ 6.4% |
| Operating profit (loss)9901 | €38k | €27k | €35k | €46k | €49k | ▲ 5.9% |
| Financial income75/76B | €144 | €798 | €3k | €6k | €7k | ▲ 25.7% |
| Recurring financial income75 | €144 | €798 | €3k | €6k | €7k | ▲ 25.7% |
| Financial charges65/66B | €309 | €300 | €255 | €129 | €286 | ▲ 122% |
| Recurring financial charges65 | €309 | €300 | €255 | €129 | €286 | ▲ 122% |
| Profit (loss) for the period before taxes9903 | €37k | €27k | €37k | €52k | €56k | ▲ 7.8% |
| Income taxes67/77 | €7k | €6k | €12k | €18k | €18k | ▲ 3.5% |
| Profit (loss) for the period9904 | €31k | €22k | €25k | €34k | €38k | ▲ 10.1% |
| Profit (loss) for the period to be appropriated9905 | €31k | €22k | €25k | €34k | €38k | ▲ 10.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €53k | €91k | €112k | €159k | €203k | ▲ 27.4% |
| Fixed assets21/28 | €349 | €7k | €7k | €6k | €5k | ▼ 6.5% |
| Tangible fixed assets22/27 | €349 | €7k | €7k | €6k | €5k | ▼ 6.5% |
| Plant, machinery and equipment23 | - | - | €2k | €2k | €3k | ▲ 58.7% |
| Other tangible fixed assets26 | €349 | €7k | €5k | €4k | €3k | ▼ 34.2% |
| Current assets29/58 | €53k | €84k | €105k | €154k | €198k | ▲ 28.6% |
| Stocks and contracts in progress3 | €2k | €3k | €3k | €5k | €2k | ▼ 69.6% |
| Stocks30/36 | €2k | €3k | €3k | €5k | €2k | ▼ 69.6% |
| Amounts receivable within one year40/41 | €11k | €44k | €92k | €130k | €173k | ▲ 32.8% |
| Trade receivables40 | €9k | €21k | €16k | €13k | €19k | ▲ 39.8% |
| Other amounts receivable41 | €2k | €23k | €76k | €117k | €154k | ▲ 32.0% |
| Cash at bank and in hand54/58 | €40k | €37k | €10k | €19k | €23k | ▲ 20.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €989 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €53k | €91k | €112k | €159k | €203k | ▲ 27.4% |
| Equity10/15 | €44k | €66k | €91k | €125k | €163k | ▲ 30.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €495 | €495 | €25k | €59k | €97k | ▲ 63.2% |
| Non-distributable reserves130/1 | €495 | €495 | - | - | - | - |
| Reserves not available under the articles1311 | €495 | €495 | - | - | - | - |
| Distributable reserves133 | - | - | €25k | €59k | €97k | ▲ 63.2% |
| Profit (loss) carried forward14 | €37k | €59k | €60k | €60k | €60k | ▲ 0.3% |
| Amounts payable17/49 | €9k | €25k | €21k | €34k | €40k | ▲ 17.5% |
| Amounts payable within one year42/48 | €9k | €25k | €21k | €34k | €40k | ▲ 17.5% |
| Trade debts44 | €2k | €12k | €3k | €3k | €4k | ▲ 40.3% |
| Suppliers440/4 | €2k | €12k | €3k | €3k | €4k | ▲ 40.3% |
| Taxes, remuneration and social security45 | €7k | €12k | €18k | €32k | €37k | ▲ 15.7% |
| Taxes450/3 | €7k | €12k | €18k | €32k | €37k | ▲ 15.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31k | €22k | €25k | €34k | €38k | ▲ 10.1% |
| + Depreciation and write-downs630 | €349 | €456 | €1k | €2k | €2k | ▲ 9.3% |
| Operating cash flow (approximation) | €31k | €22k | €26k | €36k | €40k | ▲ 10.0% |
| Investment in fixed assets (approximation) | - | €-7k | €-2k | €0 | €-2k | - |
| Change in cash | - | €-3k | €-27k | €9k | €4k | ▼ 56.7% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €38k ▲10.1%
Operating result €49k, net result €38k, both a record.
31-12
Financial
Equity above €150kEq €163k ▲30.1%
8 profitable years in a row build equity to €163k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Equity above €100kEq €125k ▲37.6%
7 profitable years in a row build equity to €125k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity times 15current ratio 10.19
Current ratio from 0.69 to 10.19; short-term debt falls from €14k to €1k.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 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
15 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, Gent · 1 establishment unit since 2007
Ground area
97 m²
Building footprint
105 m²
Volume, LiDAR
483 m³
Parcel 44021A3137/00D000, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Eroglu
since 20072.164.677.338
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A3137/00D000 | Flanders | 97 m² | 1 · 104 m² | 7.8 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.164.677.338
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Of 14,006 companies in sector 56301 we hold annual accounts for 4,889. 3,309 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
Founded10-08-2005
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.