ERRA
ActiveERRA has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-51k) and a net result of €59k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 26056 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
21
/ 100
Critical▲ +14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency39▲+6
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.78 against 0.18 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-23.1%
Return on assets
26.9%
Age of the figures
20 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 26056 sector peers (2024).
NBB · sector comparisonPosition among 26056 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
323 d late
2022
21 d early
2021
44 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-51k▲ 53.8%
2023 · €-109k
2021: €26k
2022: €-27k
2023: €-109k
2021 → 2024
Total assets
€219k▲ 67.2%
2023 · €131k
2021: €34k
2022: €171k
2023: €131k
2021 → 2024
Net result
€59k
2023 · €-82k
2021: €22k
2022: €-53k
2023: €-82k
2021 → 2024
Working capital
€-41k▲ 66.0%
2023 · €-119k
2021: €22k
2022: €-46k
2023: €-119k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€26k-€-27k€-109k▼ 304%€-51k▲ 53.8%
Operating result€31k-€-51k€-76k▼ 48.1%€61k
Net result€22k-€-53k€-82k▼ 54.2%€59k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €61k after a loss of €76k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €219k
Fixed assets
€78k▼ 25.0%
Current assets
€141k▲ 436%
Key figures and ratios
EBITDA
€97k▲
2023 · €-40k
Cash flow
€96k▲
2023 · €-47k
Solvency
-23.1%▲
2023 · -83.7%
Current ratio
0.78▲
2023 · 0.18
Quick ratio
0.78▲
2023 · 0.13
Debt / equity
-5.33▼
2023 · -2.19
ROE
-116.4%▼
2023 · 75.3%
ROA
26.9%▲
2023 · -63.0%
Interest coverage
40.76▲
2023 · -6.51
Debt
€269k▲
2023 · €240k
Debt ≤ 1 year
€182k▲
2023 · €146k
Debt > 1 year
€83k▼
2023 · €94k
Income taxes
€-140▼
2023 · €123
Staff costs
€18k▼
2023 · €59k
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€131k€219k▲
Formation expenses20€804-
Fixed assets21/28€104k€78k▼
Tangible fixed assets22/27€85k€59k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€408€9k▲
Other tangible fixed assets26€81k€49k▼
Financial fixed assets28€19k€19k=
Current assets29/58€26k€141k▲
Stocks and contracts in progress3€7k-
Stocks30/36€7k-
Amounts receivable within one year40/41€12k€97k▲
Trade receivables40€6k€94k▲
Other amounts receivable41€6k€3k▼
Cash at bank and in hand54/58€0€39k▲
Deferred charges and accrued income490/1€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€131k€219k▲
Equity10/15€-109k€-51k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-119k€-61k▲
Amounts payable17/49€240k€269k▲
Amounts payable after more than one year17€94k€83k▼
Financial debts170/4€94k€83k▼
Amounts payable within one year42/48€146k€182k▲
Current portion of amounts payable after more than one year42€10k€11k▲
Financial debts43€3k€2k▼
Credit institutions430/8€3k€2k▼
Trade debts44€27k€37k▲
Suppliers440/4€27k€37k▲
Advances received on contracts in progress46€25k€85k▲
Taxes, remuneration and social security45€67k€21k▼
Taxes450/3€30k€21k▼
Remuneration and social security454/9€37k-
Other amounts payable47/48€13k€26k▲
Accrued charges and deferred income492/3€0€5k▲
Income statement
Code20232024
Remuneration, social security and pensions62€59k€18k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€37k▲
Other operating charges640/8€2k€533▼
Gross operating margin9900€21k€116k▲
Operating profit (loss)9901€-76k€61k▲
Financial income75/76B€12€357▲
Recurring financial income75€12€357▲
Financial charges65/66B€6k€2k▼
Recurring financial charges65€6k€2k▼
Profit (loss) for the period before taxes9903€-82k€59k▲
Income taxes67/77€123€-140▼
Profit (loss) for the period9904€-82k€59k▲
Profit (loss) for the period to be appropriated9905€-82k€59k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-119k€-61k▲
Profit (loss) brought forward from the previous period14P€-37k€-119k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 323 days late
2024
31-12
Financial
Back to profitnet €59k
Net result €59k after 2 loss-making years.
2023
31-12
Financial
Weakest financial yearnet €-82k
Net result drops to €-82k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial 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, Knokke-Heist · 1 establishment unit since 2009
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.
Knokkestraat 428301 Knokke-HeistGround area
855 m²
Building footprint
737 m²
Volume, LiDAR
5,359 m³
Parcel 31336H1223/00A000, Flanders · tallest building 14.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Erra Design
since 20092.182.939.963
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31336H1223/00A000 | Flanders | 855 m² | 1 · 737 m² | 14.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2023 to 2024 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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BE 0829.549.443
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BE 0787.300.696
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LENDFERS TRADING
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Of 1,042 companies in sector 47559 we hold annual accounts for 345. 258 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-11-2009
Fiscal year end31-12
Activities, NACEBEL
47559Retail sale of other household articles
47599Retail trade
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.