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ERSOY ET FRERES

Active
Private limited company (pre-2019)founded 1994active for 31 yearsSint-Pietersplein 30, 1040 Etterbeek, BelgiumKBO/BCE: BE 0454.072.737
Summary

ERSOY ET FRERES has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39,449 and a net result of €5,360. Equity has been stable since 2018 (±0% per year). Its solvency ranks better than 45% of 12,777 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-12-1994 Normal situation
Activity
Retail sale of antiques NACE 47791
Establishment unit
2.069.718.989 1040 Etterbeek, since 11-01-1995
Financial year end
31 December
Peppol
Reachable since 03-03-2026

Board and ownership

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Turnover
€96,585
▲ 24.1%
Profit
€5,360
▼ 19.2%
Equity
€39,449
▲ 15.7%
Total assets
€123,823
▲ 3.6%
Staff
≈ 0.8 FTE
estimated
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskFounded in 1994Liquidity: current ratio 1.46, cash €19,667Figures for financial year 2025 (filed on 16-07-2026)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 49% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency 57+3
equity 31.9% of total assets
Liquidity 34+11
short-term debt 68.1% · cash 15.9%
Profitability 63-5
return on assets 4.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.8%▲ +0.1 percentage points vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.7%▼ -0.1 percentage points vs 05-2025 07-2025: 1.0%▲ +0.3 percentage points vs 06-2025highest value 08-2025: 0.5%▼ -0.5 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.46 (1.39 in 2024), below the usual 1.5. Short-term debt is 68.1% and cash 15.9% of total assets. 68.1% of the assets are financed with debt and provisions.
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 47% of them on solvency, 31% on liquidity, 44% on profitability and 74% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Liquidity: current ratio 1.46, cash €19,667
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 16-07-2026)
NBB · annual accounts
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 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €39,449
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
14 days early
2023
26 days late
2022
31 days late
2021
5 days early
2020
23 days late
2019
24 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 10 days after 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Board changedlatest change 01-01-2026 · 1 in office 1 joined · 1 left View
  • Positive: 3 years of growth in a rowturnover 2025: €96,585 3 years View

Recent changes

  1. · Gazette deed Resignation: DERINÖZ Muammer (director)Appointment: BILICI Selcuk Mustafa (director)
  2. · Gazette deed Resignations & appointments
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as ERSOY ET FRERES: retail sale of antiques (NACE 47791). They are comparable in size and age: total assets between €90,400 and €154,000, founded between 1989 and 2000.

CompanyTotal assetsGross margin
ERSOY ET FRERES Etterbeek€123,823€39,550
ARCHEOS EXPO Ukkel€108,702€25,589
HANDELSMAATSCHAPPIJ PAUWENGRAAF Maaseik€143,460€28,388
LES VOYAGES EN ZIGZAG Etterbeek€133,609€23,840
For Art Ukkel€154,356€31,021
MADANI Ukkel€91,595€56,688
HAUTE ANTIQUES 207 Brussel€90,362€30,069
Full comparison

Key facts about ERSOY ET FRERES

What is the company number of ERSOY ET FRERES?
The company number of ERSOY ET FRERES is 0454.072.737. The VAT number is the same number with BE in front: BE 0454.072.737.
Where is ERSOY ET FRERES based?
The registered office is at Sint-Pietersplein 30, 1040 Etterbeek.Company details
What does ERSOY ET FRERES do?
According to the KBO register, the main activity is retail sale of antiques (NACE 47791).
What is the legal form of ERSOY ET FRERES?
The legal form of ERSOY ET FRERES is Private limited company (pre-2019) (BVBA).
When was ERSOY ET FRERES founded?
ERSOY ET FRERES was founded on 23-12-1994.
Is ERSOY ET FRERES still active?
Yes, ERSOY ET FRERES is an active enterprise in the KBO register.
What is the turnover of ERSOY ET FRERES?
The turnover of ERSOY ET FRERES was €96,585 in financial year 2025, according to the filed annual accounts.Financials
Is ERSOY ET FRERES profitable?
In financial year 2025, ERSOY ET FRERES made a profit of €5,360.
Where can I find the annual accounts of ERSOY ET FRERES?
ERSOY ET FRERES filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ERSOY ET FRERES due?
ERSOY ET FRERES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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