Result
€223,199 ▲ 121%
The result rose in 2025 from €100,918 to €223,199.
ERPICUM
Lifetime
19 annual accounts with figures on one time axis, 33 filings since 1990peak €334,624 (2025)
€334,624▲ 181%
lowest -€26,541 (2014)
€223,199▲ 121%
peak €1.1m (2025)
€1.1m▲ 26.9%
€114,173▲ 71.9%
Board1 name since 2007
1 directorERPICUM Bruno
Documentsfilings and deeds
28-01-20263 days before the deadline
2025micro format
Gross margin from €119,163 to €334,624Result from €100,918 to €223,199Equity from €828,832 to €1.1mDebts from €66,404 to €114,173Cash from €163,606 to €414,225
Key points
from the 2025 annual accountsTurnover
≈ €1.8m estimated
The micro format states no turnover.
Investments
€17,866 1.8 × depreciation
Green is investment, beige is depreciation.
Filings
33 annual accounts since 1990
Two of the last ten came late. The 2019 accounts came latest: 3 days after the end of the period.
At the same address
26 companies
Position in the sector
€223,199
Higher net result than 95% of companies in retail trade. Sector median €5,048 · 22,907 companies.
Checked score
98
Excellent
Financially stronger than 88% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.4%▲ +0.2 percentage points vs 01-2025highest value
03-2025: < 0.1%▼ -0.4 percentage points vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: 0.1%▲ +0.1 percentage points vs 01-2026
03-2026: < 0.1%▼ -0.1 percentage points vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
lowers risk
Liquidity: current ratio 6.88, cash €414,225
Founded in 1989
Equity €1.1m (90.2% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 92% of them on solvency, 94% on liquidity, 87% on profitability and 78% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit verdict
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.88 (12.17 in 2024), above the usual 1.5. Short-term debt is 5.4% and cash 35.5% of total assets. 9.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €1.1m
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 days early
2024
1 day early
2023
6 days early
2022
42 days early
2021
39 days early
2020
3 days early
2019
3 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 25 January (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Board and ownership
- ERPICUM Brunodeed of 26-02-2024
Shares in 1 company, ATELIER D'ARCHITECTURE BRUNO ERPICUM & PARTENAIRES
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0437540670
Company renamed from S & B PROJECTS to ERPICUM
Capital contribution of €700,000 · Contribution: ERPICUM Bruno · 9,469 new shares · General meeting of 28-12-2023 · Gazette deed
First establishment
Rue de Genval 20, Wavre
Incorporation
published on 17-06-1989 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ERPICUM Wavre | €1.2m | €334,624 | 90.2% | - |
| MEUBELEN HINDRIKX Hasselt | €1.1m | €343,592 | 75.4% | 3.7 |
| ADECOR Fleurus | €1.1m | €360,408 | 22.6% | 5.7 |
| ANTIEK - BOUW Ypres | €1.2m | €329,383 | 59.0% | 2.9 |
| DECOPA Hasselt | €1.2m | €347,106 | 20.6% | 3.7 |
| MEUBLETA WOONONTWERP Brecht | €1.4m | €315,580 | 69.3% | 4.7 |
| GRENIER D'IGOR Wavre | €1.5m | €347,358 | 58.4% | - |
These companies have the same main activity as ERPICUM: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €1.1m and €1.5m, founded between 1978 and 1991.
Official details
Source: KBO- Status
- Active since 18-05-1989Normal situation
- Registered office
- 27 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Retail sale of household furnitureNACE 47551and 1 other
- Establishment unit
- 2.043.606.0941301 Wavre, since 02-06-1989
- Financial year end
- 30 June
- Peppol
- Reachable since 23-11-2025
Annual accounts to 30-06-2025
- €1.2m▲ 30.3%
- Filing
- Filed on 28-01-2026, 3 days before the end of the filing period
Insights on ERPICUM
ERPICUM files the micro format. That format states no turnover. The gross margin rose from €21,941 in 2007 to €334,624 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ERPICUM
- What is the company number of ERPICUM?
- The company number of ERPICUM is 0437.540.670. The VAT number is the same number with BE in front: BE 0437.540.670.
- Where is ERPICUM based?
- The registered office is at Rue de Genval 20, 1301 Wavre.Company details
- What does ERPICUM do?
- According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
- What is the legal form of ERPICUM?
- ERPICUM is a private limited company (BV).
- When was ERPICUM founded?
- ERPICUM was founded on 18-05-1989.
- Is ERPICUM still active?
- Yes, ERPICUM is an active enterprise in the KBO register.
- What is the turnover of ERPICUM?
- The turnover in financial year 2025 is ≈ €1.8m. This figure is estimated from the gross margin of €334,624 and 31 comparable companies (NACE 475). It probably lies between €1.1m and €2.7m.Financials
- Is ERPICUM profitable?
- In financial year 2025, ERPICUM made a profit of €223,199.
- Where can I find the annual accounts of ERPICUM?
- ERPICUM filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ERPICUM due?
- ERPICUM must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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