EROL
InactiveOverview
Activity
Activity not known
Size
€97,612total assets 2025
- Staff
- 1 FTE
- Equity
- -€8,074
- Profit
- €68,538
Turnover not published (micro format)
Financial health
Inactive: no score
Structure
1 of 4 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 days early
2024
34 days early
2023
1 day early
2022
18 days early
2021
24 days late
2020
31 days late
2019
87 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 7 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- End & cessationDissolution · Liquidation closure ·…
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €68,538
Financials · financial year 2025, micro format
Equity
-€8,074▲ 89.5%
2024 · -€76,613
Total assets
€97,612▼ 51.8%
2024 · €202,696
Net result
€68,538
2024 · -€18,909
Working capital
-€8,209▲ 94.9%
2024 · -€159,677
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €74,204 after a loss of €14,339 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€74,204
2025
Net result€68,538
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€97,612
2025
Equity-€8,074
2025
Debt€105,687
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€8,209
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)1
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€31,958--€32,538▼ 1.8%€8,854€9,578▲ 8.2%€42,539▲ 344%€3,493▼ 91.8%-€14,339€74,204
Net result-€32,503--€34,079▼ 4.8%€7,270€8,964▲ 23.3%€41,947▲ 368%-€529-€18,909▼ 3,474%€68,538
Equity-€81,276--€115,354▼ 41.9%-€108,085▲ 6.3%-€99,121▲ 8.3%-€57,175▲ 42.3%-€57,704▼ 0.9%-€76,613▼ 32.8%-€8,074▲ 89.5%
Total assets€94,328-€89,109▼ 5.5%€76,958▼ 13.6%€89,751▲ 16.6%€150,735▲ 67.9%€236,952▲ 57.2%€202,696▼ 14.5%€97,612▼ 51.8%
Debt€175,604-€204,463▲ 16.4%€185,043▼ 9.5%€188,873▲ 2.1%€207,909▲ 10.1%€294,656▲ 41.7%€279,309▼ 5.2%€105,687▼ 62.2%
Working capital-€140,737--€172,425▼ 22.5%-€143,656▲ 16.7%-€120,273▲ 16.3%-€93,313▲ 22.4%-€150,448▼ 61.2%-€159,677▼ 6.1%-€8,209▲ 94.9%
Staff (FTE)2-2=2=2=1.8▼ 10.0%1▼ 44.4%1=1=
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €97,612
Fixed assets
€135 ▼ 99.9%
Current assets
€97,477 ▲ 78.0%
Equity and liabilities
Equity-€8,074
Debt€105,687
Equity is negative: debt (€105,687) exceeds the balance-sheet total (€97,612).
Key figures and ratios
EBITDA
€74,204▲
2024 · €12,288
Cash flow
€68,538▲
2024 · €7,718
Solvency
-8.3%▲
2024 · -37.8%
Current ratio
0.92▲
2024 · 0.26
ROA
70.2%▲
2024 · -9.3%
Interest coverage
13.06▲
2024 · 2.51
Debt ≤ 1 year
€105,687▼
2024 · €214,435
Debt > 1 year
€0▼
2024 · €64,763
Staff costs
€47,095▼
2024 · €48,019
No debt to equity: equity is negative, so debt divided by equity means nothing.
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 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €20,700 | €68,734 | €348 | €117,553 | ▲ 33,673% |
| Remuneration, social security and pensions62 | - | - | - | €85,832 | €82,218 | €51,616 | €48,019 | €47,095 | ▼ 1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,140 | €28,759 | €26,244 | €13,728 | €10,059 | €24,209 | €26,627 | €0 | ▼ 100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €3,285 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €493 | €627 | €698 | €757 | €595 | ▼ 21.3% |
| Non-recurring operating charges66A | - | - | - | €13,153 | - | - | - | €24,491 | - |
| Gross operating margin9900 | €69,907 | €78,416 | €135,238 | €126,069 | €135,442 | €80,016 | €61,064 | €146,385 | ▲ 140% |
| Operating profit (loss)9901 | -€31,958 | -€32,538 | €8,854 | €9,578 | €42,539 | €3,493 | -€14,339 | €74,204 | - |
| Financial income75/76B | - | - | - | - | €0 | €0 | €322 | €15 | ▼ 95.3% |
| Recurring financial income75 | €49 | €1,530 | €20 | - | €0 | €0 | €322 | €15 | ▼ 95.3% |
| Financial charges65/66B | - | - | - | €614 | €592 | €4,022 | €4,892 | €5,681 | ▲ 16.1% |
| Recurring financial charges65 | €594 | €3,071 | €1,604 | €614 | €592 | €4,022 | €4,892 | €5,681 | ▲ 16.1% |
| Profit (loss) for the period before taxes9903 | -€32,503 | -€34,079 | €7,270 | €8,964 | €41,947 | -€529 | -€18,909 | €68,538 | - |
| Profit (loss) for the period9904 | -€32,503 | -€34,079 | €7,270 | €8,964 | €41,947 | -€529 | -€18,909 | €68,538 | - |
| Profit (loss) for the period to be appropriated9905 | -€32,503 | -€34,079 | €7,270 | €8,964 | €41,947 | -€529 | -€18,909 | €68,538 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €94,328 | €89,109 | €76,958 | €89,751 | €150,735 | €236,952 | €202,696 | €97,612 | ▼ 51.8% |
| Formation expenses20 | €385 | €63 | - | - | - | - | - | - | - |
| Fixed assets21/28 | €62,471 | €60,626 | €35,602 | €21,874 | €37,796 | €175,216 | €147,938 | €135 | ▼ 99.9% |
| Tangible fixed assets22/27 | €62,201 | €60,356 | €35,332 | €21,604 | €37,526 | €174,946 | €147,668 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | €16,545 | €13,809 | €35,371 | €27,220 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €5,060 | €23,717 | €139,575 | €120,448 | €0 | ▼ 100% |
| Financial fixed assets28 | €270 | €270 | €270 | €270 | €270 | €270 | €270 | €135 | ▼ 50.0% |
| Current assets29/58 | €31,472 | €28,419 | €41,356 | €67,877 | €112,939 | €61,736 | €54,759 | €97,477 | ▲ 78.0% |
| Stocks and contracts in progress3 | - | - | €12,280 | €19,540 | €17,395 | €24,263 | €23,095 | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €19,540 | €17,395 | €24,263 | €23,095 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €23,592 | €18,268 | €18,577 | €13,696 | €46,868 | €16,641 | €18,327 | €29,990 | ▲ 63.6% |
| Trade receivables40 | - | - | - | €12,615 | €45,223 | €15,913 | €16,582 | €29,990 | ▲ 80.9% |
| Other amounts receivable41 | - | - | - | €1,081 | €1,645 | €728 | €1,745 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | - | €3,175 | €8,145 | €11,364 | €46,129 | €18,750 | €10,031 | €67,487 | ▲ 573% |
| Deferred charges and accrued income490/1 | - | - | - | €23,278 | €2,547 | €2,082 | €3,306 | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €94,328 | €89,109 | €76,958 | €89,751 | €150,735 | €236,952 | €202,696 | €97,612 | ▼ 51.8% |
| Equity10/15 | -€81,276 | -€115,354 | -€108,085 | -€99,121 | -€57,175 | -€57,704 | -€76,613 | -€8,074 | ▲ 89.5% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | -€93,676 | -€127,754 | -€120,485 | -€111,521 | -€69,575 | -€70,104 | -€89,013 | -€20,474 | ▲ 77.0% |
| Amounts payable17/49 | €175,604 | €204,463 | €185,043 | €188,873 | €207,909 | €294,656 | €279,309 | €105,687 | ▼ 62.2% |
| Amounts payable after more than one year17 | - | - | - | - | - | €82,368 | €64,763 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | - | - | €82,368 | €64,763 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €172,210 | €200,844 | €185,012 | €188,150 | €206,252 | €212,184 | €214,435 | €105,687 | ▼ 50.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €16,828 | €17,605 | €0 | ▼ 100% |
| Trade debts44 | €13,651 | €35,113 | €8,892 | €7,116 | €13,695 | €8,838 | €16,092 | €76 | ▼ 99.5% |
| Suppliers440/4 | - | - | - | €7,116 | €13,695 | €8,838 | €16,092 | €76 | ▼ 99.5% |
| Taxes, remuneration and social security45 | - | - | - | €107 | €5,958 | €0 | €307 | €50,719 | ▲ 16,435% |
| Taxes450/3 | - | - | - | - | €5,514 | €0 | - | €50,696 | - |
| Remuneration and social security454/9 | - | - | - | €107 | €445 | €0 | €307 | €23 | ▼ 92.5% |
| Other amounts payable47/48 | - | - | - | €180,926 | €186,599 | €186,518 | €180,432 | €54,891 | ▼ 69.6% |
| Accrued charges and deferred income492/3 | - | - | - | €723 | €1,657 | €104 | €111 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€32,503 | -€34,079 | €7,270 | €8,964 | €41,947 | -€529 | -€18,909 | €68,538 | - |
| + Depreciation and write-downs630 | €27,140 | €28,759 | €26,244 | €13,728 | €10,059 | €24,209 | €26,627 | €0 | ▼ 100% |
| Operating cash flow (approximation) | -€5,363 | -€5,320 | €33,514 | €22,692 | €52,006 | €23,680 | €7,718 | €68,538 | ▲ 788% |
| Investment in fixed assets (approximation) | - | -€26,915 | -€1,220 | €0 | -€25,981 | -€161,629 | €652 | €147,803 | ▲ 22,572% |
| Change in cash | - | - | €4,971 | €3,218 | €34,765 | -€27,379 | -€8,719 | €57,456 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 19-06-2026 | 2026-00192651 |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00215847 |
| 31-12-2023 | micro format | 30-07-2024 | 2024-00302516 |
| 31-12-2022 | micro format | 13-07-2023 | 2023-00244902 |
| 31-12-2021 | micro format | 24-08-2022 | 2022-20315684 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-58200463 |
| 31-12-2019 | micro format | 26-10-2020 | 2020-63700353 |
| 31-12-2018 | micro format | 29-08-2019 | 2019-55000533 |
| 31-12-2017 | micro format | 24-08-2018 | 2018-49600048 |
| 31-12-2016 | micro format | 31-08-2017 | 2017-52400029 |
Subsidies and aid
Flemish government
2022 to 2023 · 3 entries · €2,245 awarded · €2,245 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 2 | €1,649 | €1,649 |
| 2022 | 1 | €596 | €596 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 1 of 4 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
18-09
Gazette deed
End & cessationDissolution · Liquidation closure · Custody of records12 facts ▸
Gazette deed
End & cessation
Dissolution · Liquidation closure · Custody of records12 facts ▸
- General meeting, 03-06-2026
- Other provision, “tijdstip en wijze van kennisgeving van het verslag van de bestuurder en van het verslag van de bedrijfsrevisor met betrekking tot de voorgestelde ontbinding, wa…” (deed in Dutch)
- Other provision, “verslag van de bestuurder en verslag van de bedrijfsrevisor, receipt of reports” (deed in Dutch)
- Other provision, “approval of reports, eenparigheid van stemmen” (deed in Dutch)
- Dissolution, 03-06-2026
- Other provision, 31-03-2026 (2 times)
- Other provision, “quorum and legal consequences of no liquidator, de laatste in functie zijnde bestuurder wordt van rechtswege ten aanzien van derden als vereffenaar beschouwd” (deed in Dutch)
- Liquidation closure, “eenparigheid van stemmen, geen vereffenaar benoemen en de vereffening meteen afsluiten” (deed in Dutch)
- Custody of records, “3470 Kortenaken, Tiensestraat 23, eenparigheid van stemmen” (deed in Dutch)
- Power of attorney, VAN DYCK Lore
- Other provision, “voting summary, Alle besluiten werden genomen met eenparigheid van stemmen” (deed in Dutch)
- Other provision, “bestuurder”, director discharge (deed in Dutch)
19-06
NBB filing
Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial
Back to profitnet €68,538
Net result €68,538 after 2 loss-making years.
27-06
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
30-07
NBB filing
Annual accounts filed
financial year 2023 · micro format
2023
13-07
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
24-08
NBB filing
Annual accounts filed
financial year 2021 · micro format · 24 days late
2021
31-08
NBB filing
Annual accounts filed
financial year 2020 · micro format · 31 days late
2020
31-12
Financial
Back to profitnet €7,270
Net result €7,270 after 2 loss-making years.
26-10
NBB filing
Annual accounts filed
financial year 2019 · micro format · 87 days late
2019
31-12
Financial
Weakest financial yearnet -€34,079
Net result drops to -€34,079, the lowest in the series.
29-08
NBB filing
Annual accounts filed
financial year 2018 · micro format · 29 days late
2018
24-08
NBB filing
Annual accounts filed
financial year 2017 · micro format · 24 days late
2017
31-08
NBB filing
Annual accounts filed
financial year 2016 · micro format · 31 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 11 annual accounts filed, the latest 10 are here; all 11 are under Financials.
1 of 4 deeds read
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not 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.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Kortenaken
Ground area
1,975 m²
Building footprint
168 m²
Building volume
984 m³
Parcel 24054C0085/00F003, Flanders · tallest building 8.6 m. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24054C0085/00F003 | Flanders | 1,975 m² | 1 · 168 m² | 8.6 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed
Read from the deeds: 1 provision, deed of 18-09-2026