ERRA CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of ERRA CONSTRUCT is 1.9% (moderate). The 2025 annual accounts show equity of €34,234 and a net result of €16,219. Its solvency ranks better than 57% of 9,399 sector peers (NACE 41, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-12-2022 Normal situation
- Registered office
- 604 active companies are registered at this address 116 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- General construction of residential buildings NACE 41001and 4 others
- Establishment unit
- 2.339.567.348 1050 Elsene, since 01-01-2023
- Financial year end
- 31 March
- Peppol
- Reachable since 30-12-2025
Board and ownership
- SERGHESCU PetrisorDirector
- SERGHESCU Petrisor100 sharesact of 27-12-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.9%
- Gross margin
- €22,279
- ▲ 9.0%
- Turnover
- ≈ €270,000
- estimated
- Profit
- €16,219
- ▲ 8.0%
- Equity
- €34,234
- ▲ 90.0%
- Total assets
- €68,992
- ▲ 169%
- 2026 accounts not filed, 5 days past the deadline
Score breakdownraises riskFounded in 2022Sector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €68,992lowers riskLiquidity: current ratio 1.89, cash €22,568Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 58% of them on solvency, 71% on liquidity, 82% on profitability and 87% on growth.
The bankruptcy probability was computed on 04-11-2026 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 31-03-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 17 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 06-10-2025 PDF all 2 filings
Every figure per financial year
The operating result for 2025 is 1% higher than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 31-03-2024 | 31-03-2025 |
|---|---|---|
| Tangible fixed assets | €5,664 | - |
| Depreciation and write-downs of the year | €307 | €1,888 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €307 | €1,888 | ▲ 515% |
| Gross operating margin9900 | €20,440 | €22,279 | ▲ 9.0% |
| Operating profit (loss)9901 | €20,133 | €20,391 | ▲ 1.3% |
| Financial income75/76B | €27 | €69 | ▲ 156% |
| Recurring financial income75 | €27 | €69 | ▲ 156% |
| Financial charges65/66B | €140 | €186 | ▲ 32.9% |
| Recurring financial charges65 | €140 | €186 | ▲ 32.9% |
| Profit (loss) for the period before taxes9903 | €20,020 | €20,274 | ▲ 1.3% |
| Income taxes67/77 | €5,005 | €4,055 | ▼ 19.0% |
| Profit (loss) for the period9904 | €15,015 | €16,219 | ▲ 8.0% |
| Profit (loss) for the period to be appropriated9905 | €15,015 | €16,219 | ▲ 8.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €25,665 | €68,992 | ▲ 169% |
| Fixed assets21/28 | €5,357 | €3,469 | ▼ 35.2% |
| Tangible fixed assets22/27 | €5,357 | €3,469 | ▼ 35.2% |
| Plant, machinery and equipment23 | €999 | €649 | ▼ 35.0% |
| Furniture and vehicles24 | €4,358 | €2,820 | ▼ 35.3% |
| Current assets29/58 | €20,308 | €65,523 | ▲ 223% |
| Amounts receivable within one year40/41 | €19,899 | €42,955 | ▲ 116% |
| Trade receivables40 | €13,321 | €27,872 | ▲ 109% |
| Other amounts receivable41 | €6,578 | €15,083 | ▲ 129% |
| Cash at bank and in hand54/58 | €409 | €22,568 | ▲ 55× |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €25,665 | €68,992 | ▲ 169% |
| Equity10/15 | €18,015 | €34,234 | ▲ 90.0% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Capital10 | - | €3,000 | - |
| Issued capital100 | - | €3,000 | - |
| Contributions outside capital11 | €3,000 | - | - |
| Other1109/19 | €3,000 | - | - |
| Profit (loss) carried forward14 | €15,015 | €31,234 | ▲ 108% |
| Amounts payable17/49 | €7,650 | €34,758 | ▲ 354% |
| Amounts payable within one year42/48 | €7,650 | €34,758 | ▲ 354% |
| Trade debts44 | €2,645 | €9,103 | ▲ 244% |
| Suppliers440/4 | €2,645 | €9,103 | ▲ 244% |
| Taxes, remuneration and social security45 | €5,005 | €25,655 | ▲ 413% |
| Taxes450/3 | €5,005 | €4,055 | ▼ 19.0% |
| Remuneration and social security454/9 | - | €21,600 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €15,015 | €16,219 | ▲ 8.0% |
| + Depreciation and write-downs630 | €307 | €1,888 | ▲ 515% |
| Operating cash flow (approximation) | €15,322 | €18,107 | ▲ 18.2% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €22,159 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as ERRA CONSTRUCT has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ERRA CONSTRUCT itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for ERRA CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- SERGHESCU Petrisor 100 shares (100%) · €3,000 in cash
Capital transactions
- 27-12-2022 Incorporation · €3,000 · 100 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 director
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Eenparig besluit aanwezige of vertegenwoordigde alle aandeelhouders kan afstand doen van verslagen indien aandelen niet uitgegeven tot…”
Articles of association, deed of 27-12-2022 (in Dutch)
Network & group
ERRA CONSTRUCT shares no director with another company.
Companies at the same address
603 other companies- VAN DER BOUW Registered office · since 2026 1044639223
- A.I COMPANY BE Registered office · since 2026 1044489169
- GROUP SOFIA Registered office · since 2026 1044514212
- KMC WORKS Registered office · since 2026 1044515301
- RUSU COMPANY Registered office · since 2026 1044489565
- ELEN CONSTRUCT Registered office · since 2026 1044414638
- PRO & SYK CONSTRUCT Registered office · since 2026 1044411371
- NMC CONSTRUCT Registered office · since 2026 1044338721
- ALSANAD Registered office · since 2026 1044238751
- NOVA LINK SERVICES Registered office · since 2026 1044006149
Connections & network
1 current directorThe network starts from the directors of ERRA CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
27-12
Gazette deed
IncorporationFounding capital of €3,000, 100 shares · Founder: SERGHESCU Petrisor · Appointment: SERGHESCU Petrisor (director)5 points ▸
- Incorporation, 20-12-2022
- Founder, SERGHESCU Petrisor
- Founding capital, euro 3.000, 100 shares
- Board rule, 1
- Director appointment, SERGHESCU Petrisor (director)
- The act holds 10 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
ERRA CONSTRUCT was incorporated on 22 December 2022 as a private limited company by one natural person, with a starting capital of €3,000.12 SERGHESCU Petrisor is director of the company, appointed in the act of 27-12-2022.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
44 activities
- Werken met asbest
- Grondwerk
- Sloopwerken
- Afvalinzameling
- Inzameling van gevaarlijke afvalstoffen
- Burgerlijke en utiliteitsbouw
- Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
- Slopen en bouwrijp maken van terreinen
- Elektrische installatie,loodgieterswerk en overige bouwinstallatie
- Stukadoorswerk
- Schrijnwerk
- Plaatsen van vloer- en wandtegels
- Schilderen en glaszetten
- Overige werkzaamheden in verband met de afwerking van gebouwen
- Dakwerkzaamheden
- Waterdichtingswerken van muren
- Gevelreiniging
- Bouw van sierschouwen en open haarden
- Uitvoeren van metsel- en voegwerken
- Restaureren van bouwwerken
- Chapewerken
- Overige gespecialiseerde bouwwerkzaamheden
- Verspanend bewerken van metalen
- Diensten in verband met gebouwen
- Algemene reiniging van gebouwen
- Overige reiniging van gebouwen
- Industriële reiniging
- Andere reinigingsactiviteiten
- Vervoer te land en vervoer via pijpleidingen
- Overig personenvervoer te land
- Personenvervoer te land binnen steden of voorsteden
- Exploitatie van taxi's
- Overig personenvervoer te land
- Overig vervoer van personen met autobussen,zonder dienstregeling: chartervervoer,busreizen,toeristische excursies,enz.
- Vervoer van personen met door dieren getrokken voertuigen
- Organisatie van carpooling en van overage
- Goederenvervoer over de weg en verhuisbedrijven
- Vervoer via pijpleidingen
- Opslag en vervoerondersteunende activiteiten
- Posterijen en koeriers
- Reparatie van auto's: reparatie van de mechanische onderdelen en van de elektrische installatie
- Carrosserieherstelling
- Wassen en poetsen van motorvoertuigen
- Onderhoud en reparatie van motorvoertuigen
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0795.285.380
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 |
| 21009A0350/00R009 | Brussels | 165 m² | 1 · 165 m² | 22.6 m · 6 |