ERTON
ActiveSummary
ERTON has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €236,264 and a net result of -€103,344. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 57% of 1765 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability2▼-6
Solvency56▼-12
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.25 against 0.85 in 2023; short-term debt: 16.7% and cash: 0% of total assets), and 68.8% of the assets are financed with debt.
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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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
31.2%
Return on assets
-13.6%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€103,344
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
110 d early
2022
56 d late
2021
106 d late
2020
101 d late
2019
83 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 44 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#1 oldest company in Hannut, Accommodation and food service sector#2 company by equity in Hannut, Accommodation and food service sector#3 company by total assets in Hannut, Accommodation and food service sector
Turnover
€284,698
EBIT margin
11.9%
Net result
-€103,344▼ 44.0%
2023 · -€71,779
Working capital
-€94,434▼ 467%
2023 · -€16,668
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result€427▼ 98.8%-€6,772€2,504-€57,091-€108,315▼ 89.7%
Net result-€12,030within the sector's middle half-€14,741below the sector's middle half▼ 22.5%-€6,021within the sector's middle half▲ 59.2%-€71,779below the sector's middle half▼ 1,092%-€103,344below the sector's middle half▼ 44.0%
EBIT margin
Equity€21,510within the sector's middle half▼ 35.9%€6,769within the sector's middle half▼ 68.5%€25,474within the sector's middle half▲ 276%€364,333above the sector's middle half▲ 1,330%€236,264within the sector's middle half▼ 35.2%
Total assets€447,701within the sector's middle half▲ 2.9%€504,266within the sector's middle half▲ 12.6%€482,631within the sector's middle half▼ 4.3%€848,031above the sector's middle half▲ 75.7%€757,683within the sector's middle half▼ 10.7%
Debt€426,190▲ 6.1%€497,497▲ 16.7%€457,157▼ 8.1%€483,698▲ 5.8%€521,420▲ 7.8%
Working capital€68,445within the sector's middle half▼ 32.6%€102,992above the sector's middle half▲ 50.5%€51,305within the sector's middle half▼ 50.2%-€16,668within the sector's middle half-€94,434within the sector's middle half▼ 467%
Solvency4.8%within the sector's middle half▼ 2.9pp1.3%within the sector's middle half▼ 3.5pp5.3%within the sector's middle half▲ 3.9pp43.0%within the sector's middle half▲ 37.7pp31.2%within the sector's middle half▼ 11.8pp
Current ratio1.87within the sector's middle half▼ 0.822.82above the sector's middle half▲ 0.951.84above the sector's middle half▼ 0.980.85within the sector's middle half▼ 0.990.25below the sector's middle half▼ 0.59
Return on assets (ROA)-2.7%within the sector's middle half▼ 5.1pp-2.9%below the sector's middle half▼ 0.2pp-1.2%within the sector's middle half▲ 1.7pp-8.5%within the sector's middle half▼ 7.2pp-13.6%below the sector's middle half▼ 5.2pp
Staff (FTE)1below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €108,315 in 2024 against €57,091 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €757,683
Fixed assets
€725,742 ▼ 3.9%
Current assets
€31,941 ▼ 65.6%
Equity and liabilities €757,683
Equity
€236,264 ▼ 35.2%
Debt
€521,420 ▲ 7.8%
Debt's share of the balance-sheet total rises from 57.0% to 68.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€95,745▼
2023 · -€31,465
Cash flow
-€90,774▼
2023 · -€46,153
Debt to equity
2.21▲
2023 · 1.33
ROE
-43.7%▼
2023 · -19.7%
Interest coverage
-10.09▼
2023 · -2.14
Debt ≤ 1 year
€126,375▲
2023 · €109,458
Debt > 1 year
€395,045▲
2023 · €374,240
Income taxes
-€14,465
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 928 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.1%
went bankrupt
8.7%
stopped otherwise
90%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 928 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,793 | €29,338 | €27,658 | €25,626 | €12,571 | ▼ 50.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €16,928 | - |
| Other operating charges640/8 | - | €179,685 | €138,500 | €27,328 | €9,176 | ▼ 66.4% |
| Non-recurring operating charges66A | - | - | - | - | €47,720 | - |
| Gross operating margin9900 | €132,260 | €202,251 | €168,662 | -€4,137 | -€21,920 | ▼ 430% |
| Operating profit (loss)9901 | €427 | -€6,772 | €2,504 | -€57,091 | -€108,315 | ▼ 89.7% |
| Financial charges65/66B | - | €7,970 | €8,525 | €14,688 | €9,494 | ▼ 35.4% |
| Recurring financial charges65 | €12,457 | €7,970 | €8,525 | €14,688 | €9,494 | ▼ 35.4% |
| Profit (loss) for the period before taxes9903 | -€12,030 | -€14,741 | -€6,021 | -€71,779 | -€117,809 | ▼ 64.1% |
| Income taxes67/77 | - | - | - | - | -€14,465 | - |
| Profit (loss) for the period9904 | -€12,030 | -€14,741 | -€6,021 | -€71,779 | -€103,344 | ▼ 44.0% |
| Profit (loss) for the period to be appropriated9905 | -€12,030 | -€14,741 | -€6,021 | -€71,779 | -€103,344 | ▼ 44.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €447,701 | €504,266 | €482,631 | €848,031 | €757,683 | ▼ 10.7% |
| Fixed assets21/28 | €300,878 | €344,708 | €370,228 | €755,241 | €725,742 | ▼ 3.9% |
| Tangible fixed assets22/27 | €300,878 | €344,708 | €370,228 | €755,241 | €725,742 | ▼ 3.9% |
| Land and buildings22 | - | €266,863 | €309,711 | €716,488 | €692,325 | ▼ 3.4% |
| Plant, machinery and equipment23 | - | €42,936 | €32,741 | €24,633 | €19,932 | ▼ 19.1% |
| Furniture and vehicles24 | - | €34,908 | €27,777 | €14,121 | €13,486 | ▼ 4.5% |
| Current assets29/58 | €146,822 | €159,559 | €112,403 | €92,790 | €31,941 | ▼ 65.6% |
| Stocks and contracts in progress3 | €28,630 | €29,570 | €24,880 | €22,275 | - | - |
| Stocks30/36 | - | €29,570 | €24,880 | €22,275 | - | - |
| Amounts receivable within one year40/41 | €110,488 | €93,236 | €76,995 | €69,637 | €31,470 | ▼ 54.8% |
| Trade receivables40 | - | €9,488 | €4,490 | €3,806 | €3,806 | = |
| Other amounts receivable41 | - | €83,747 | €72,505 | €65,831 | €27,664 | ▼ 58.0% |
| Cash at bank and in hand54/58 | €7,704 | €36,753 | €10,527 | €879 | €96 | ▼ 89.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €375 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €447,701 | €504,266 | €482,631 | €848,031 | €757,683 | ▼ 10.7% |
| Equity10/15 | €21,510 | €6,769 | €25,474 | €364,333 | €236,264 | ▼ 35.2% |
| Contributions10/11 | €21,071 | €21,071 | €45,796 | €45,796 | €21,071 | ▼ 54.0% |
| Capital10 | - | €21,071 | - | - | - | - |
| Issued capital100 | - | €21,071 | - | - | - | - |
| Revaluation surpluses12 | - | - | - | €410,639 | €410,639 | = |
| Reserves13 | €56,600 | €56,600 | €56,600 | €56,600 | €56,600 | = |
| Non-distributable reserves130/1 | - | €2,107 | €2,107 | €2,107 | €2,107 | = |
| Legal reserve130 | - | €2,107 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €2,107 | €2,107 | €2,107 | = |
| Distributable reserves133 | - | €54,493 | €54,493 | €54,493 | €54,493 | = |
| Profit (loss) carried forward14 | -€56,161 | -€70,902 | -€76,923 | -€148,702 | -€252,046 | ▼ 69.5% |
| Amounts payable17/49 | €426,190 | €497,497 | €457,157 | €483,698 | €521,420 | ▲ 7.8% |
| Amounts payable after more than one year17 | €347,813 | €434,162 | €396,060 | €374,240 | €395,045 | ▲ 5.6% |
| Financial debts170/4 | - | €434,162 | €396,060 | €374,240 | €199,315 | ▼ 46.7% |
| Trade debts175 | - | - | - | - | €195,730 | - |
| Amounts payable within one year42/48 | €78,377 | €56,566 | €61,097 | €109,458 | €126,375 | ▲ 15.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €1 | - |
| Trade debts44 | €53,047 | €55,337 | €61,097 | €77,549 | €59,093 | ▼ 23.8% |
| Suppliers440/4 | - | €55,337 | €61,097 | €77,549 | €59,093 | ▼ 23.8% |
| Advances received on contracts in progress46 | - | - | - | - | €1,150 | - |
| Taxes, remuneration and social security45 | - | - | - | - | €27,837 | - |
| Taxes450/3 | - | - | - | - | €27,837 | - |
| Other amounts payable47/48 | - | €1,230 | - | €31,909 | €38,295 | ▲ 20.0% |
| Accrued charges and deferred income492/3 | - | €6,769 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,030 | -€14,741 | -€6,021 | -€71,779 | -€103,344 | ▼ 44.0% |
| + Depreciation and write-downs630 | €21,793 | €29,338 | €27,658 | €25,626 | €12,571 | ▼ 50.9% |
| Operating cash flow (approximation) | €9,763 | €14,596 | €21,638 | -€46,153 | -€90,774 | ▼ 96.7% |
| Investment in fixed assets (approximation) | - | -€73,167 | -€53,179 | -€410,639 | €16,928 | ▲ 104% |
| Change in cash | - | €29,049 | -€26,226 | -€9,649 | -€782 | ▲ 91.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet -€103,344
Net result drops to -€103,344, the lowest in the series.
12-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €200,000Eq €364,333 ▲1,330%
Equity rises from €25,474 to €364,333.
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 56 days late
2022
14-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 106 days late
2021
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 101 days late
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 83 days late
2019
13-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 135 days late
2018
07-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 38 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Hannut · 1 establishment unit since 2004
Ground area
1,658 m²
Building footprint
166 m²
Volume, LiDAR
1,240 m³
2 parcels, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SAN PETRUS
since 20042.139.488.418
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64034B1037/00H000indicative | Wallonia | 1,258 m² | 1 · 96 m² | 11.4 m · 3 fl. |
| 64051B0035/00W002 | Wallonia | 400 m² | 1 · 71 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels 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
2022 · 1 entry · 988 EUR awarded · 988 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 988 EUR | 988 EUR |
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Of 7,501 companies in sector 56210 we hold annual accounts for 2,451. 1,675 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded20-10-1983
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
46389Wholesale of other food products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0424737957
Also
9925:BE0424737957
Registered
16-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.