ERPAM
Open bankruptcyA bankruptcy procedure is open for ERPAM according to publications in the Belgian State Gazette; curator: JEFFRY CAMBY. The 2024 annual accounts show negative equity (€-51k) and a net result of €-86k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year €-51k
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 25-07-2025, 6 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
8 d late
2022
42 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-51k
2023 · €34k
2022: €25k
2023: €34k
2022 → 2024
Total assets
€89k▼ 45.0%
2023 · €161k
2022: €109k
2023: €161k
2022 → 2024
Net result
€-86k
2023 · €9k
2022: €15k
2023: €9k
2022 → 2024
Working capital
€-38k
2023 · €75k
2022: €25k
2023: €75k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€25k-€34k▲ 35.7%€-51k
Operating result€21k-€13k▼ 39.1%€-80k
Net result€15k-€9k▼ 41.0%€-86k
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 2024: a loss of €80k after €13k in 2023, the lowest result in the available series.
Balance-sheet composition
Assets €89k
Fixed assets
€17k
Current assets
€72k
Key figures and ratios
EBITDA
€-76k
Cash flow
€-82k
Solvency
-57.9%▼
2023 · 21.3%
Current ratio
0.65▼
2023 · 1.86
Quick ratio
0.34▼
2023 · 1.19
Debt / equity
-2.73▼
2023 · 3.69
ROA
-96.6%▼
2023 · 5.6%
Interest coverage
-11.88
Debt
€140k▲
2023 · €127k
Debt ≤ 1 year
€109k▲
2023 · €86k
Debt > 1 year
€30k▼
2023 · €40k
Income taxes
€78▼
2023 · €2k
Staff costs
€-1k▼
2023 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€161k€89k▼
Fixed assets21/28-€17k
Tangible fixed assets22/27-€17k
Furniture and vehicles24-€17k
Current assets29/58€161k€72k▼
Stocks and contracts in progress3€59k€34k▼
Stocks30/36€59k€34k▼
Amounts receivable within one year40/41€83k€35k▼
Trade receivables40€83k€20k▼
Other amounts receivable41€23€15k▲
Cash at bank and in hand54/58€19k€2k▼
Deferred charges and accrued income490/1-€387
Equity and liabilities
Total equity and liabilities10/49€161k€89k▼
Equity10/15€34k€-51k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€24k€-61k▼
Amounts payable17/49€127k€140k▲
Amounts payable after more than one year17€40k€30k▼
Financial debts170/4€40k€30k▼
Amounts payable within one year42/48€86k€109k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Financial debts43€18k€326▼
Credit institutions430/8€18k€326▼
Trade debts44€45k€96k▲
Suppliers440/4€45k€96k▲
Taxes, remuneration and social security45€12k€3k▼
Taxes450/3€10k€3k▼
Remuneration and social security454/9€1k-
Other amounts payable47/48€1k-
Income statement
Code20232024
Remuneration, social security and pensions62€22k€-1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€4k
Other operating charges640/8€340€134▼
Gross operating margin9900€35k€-77k▼
Operating profit (loss)9901€13k€-80k▼
Financial income75/76B€107€398▲
Recurring financial income75€107€398▲
Financial charges65/66B€1k€6k▲
Recurring financial charges65€1k€6k▲
Profit (loss) for the period before taxes9903€11k€-86k▼
Income taxes67/77€2k€78▼
Profit (loss) for the period9904€9k€-86k▼
Profit (loss) for the period to be appropriated9905€9k€-86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€-61k▼
Profit (loss) brought forward from the previous period14P€15k€24k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
17-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL ERPAM AVENUE DE LA REINE 37, 1030 Schaerbeek · event 11-07-2025
2024
31-12
Financial
Weakest financial yearnet €-86k ▼1049%
Net result drops to €-86k, the lowest in the series.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Schaarbeek · 3 establishment units since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koninginnelaan 371030 SchaarbeekGround area
8.1 ha
Building footprint
3.3 ha
Volume, LiDAR
246,279 m³
3 parcels, Brussels, Flanders · tallest building 20.9 m, ±5 floors. Linked by address, not a title deed.
3 establishment units
Koninginnelaan 37, 1030 Schaarbeek
since 20222.326.980.510
Dokter Carlierlaan 30, 9320 Aalst
since 20222.337.126.710
de Mérodestraat 339, 1190 Vorst
since 20232.354.017.675
3 parcels
Flanders
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0881/00E000 | Flanders | 8.0 ha | 1 · 3.3 ha | 20.9 m · 2 fl. |
| 21007A0019/00B002 | Brussels | 220 m² | 1 · 303 m² | 20.2 m · 5 fl. |
| 21910E0043/00F006 | Brussels | 168 m² | 1 · 100 m² | 18.8 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEFFRY CAMBY AVENUE ROGER VANDEN-
DRIESSCHE 18, 1150 WOLUWE-SAINT-PIERRE |
11-07-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteAalst2.337.126.710
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,569. 1,839 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2022
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
17120Manufacture of paper and paper products
46170Agents in the wholesale of food, beverages and tobacco
46442Wholesale trade
47110Non-specialised retail sale with food, beverages or tobacco predominating
47111Retail trade
47120Other non-specialised retail sale
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.