Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of ERVO Projects is 0.5% (very low). The 2025 annual accounts show equity of €22.46M and a net result of €43k. The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 11-06-2026 | 50 d early | 2026-00153134 |
| 31-12-2024 | 31-07-2025 | 17-07-2025 | 14 d early | 2025-00279016 |
| 31-12-2023 | 31-07-2024 | 24-07-2024 | 7 d early | 2024-00276663 |
| 31-12-2022 | 31-07-2023 | 04-07-2023 | 27 d early | 2023-00196607 |
| 31-12-2021 | 31-07-2022 | 23-06-2022 | 38 d early | 2022-20085092 |
| 31-12-2020 | 31-07-2021 | 18-06-2021 | 43 d early | 2021-22300309 |
| 31-12-2019 | 31-07-2020 | 24-06-2020 | 37 d early | 2020-20900538 |
| 31-12-2018 | 31-07-2019 | 12-06-2019 | 49 d early | 2019-18000586 |
| 31-12-2017 | 31-07-2018 | 08-06-2018 | 53 d early | 2018-17400213 |
| 31-12-2016 | 31-07-2017 | 26-06-2017 | 35 d early | 2017-23100200 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Annual accounts & ratios
Source: NBB · 2025| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | €23.18M |
| EBITDA | €1.76M |
| Net profit | €43k |
| Cash flow | €1.63M |
| Staff costs | €6.26M |
| Income taxes | €221k |
| Dividends | - |
| Total assets | €49.16M |
| Equity | €22.46M |
| Debt | €26.69M |
| of which ≤ 1y | €6.35M |
| of which > 1y | €16.20M |
| Working capital | €20.14M |
| Employees (FTE) | 98.6 |
| 2025 | |
|---|---|
| Current ratio | 4.17 |
| Quick ratio | 3.49 |
| Working capital ratio | 41.0% |
| Solvency | 45.7% |
| Debt / equity | 1.19 |
| Long-term debt ratio | 0.72 |
| Interest coverage | 2.83 |
| Gross margin | 47.7% |
| Net margin | 0.2% |
| ROA | 0.1% |
| ROE | 0.2% |
| EBITDA margin | 7.6% |
| Days sales outstanding | 25d |
| Days payable outstanding | 83d |
| Inventory turnover | 2.81 |
| Days inventory (DSI) | 130d |
Full annual accounts (25 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €49.16M |
| Fixed assets | 21/28 | €22.67M |
| Intangible fixed assets | 21 | €120k |
| Tangible fixed assets | 22/27 | €22.55M |
| Current assets | 29/58 | €26.49M |
| Stocks & contracts in progress | 3 | €4.32M |
| Amounts receivable within one year | 40/41 | €1.94M |
| Cash & bank | 54/58 | €378k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €49.16M |
| Equity | 10/15 | €22.46M |
| Contributions / capital | 10/11 | €4.30M |
| Reserves | 13 | €2.11M |
| Accumulated profits (losses) | 14 | €3.33M |
| Amounts payable | 17/49 | €26.69M |
| Amounts payable after one year | 17 | €16.20M |
| Amounts payable within one year | 42/48 | €6.35M |
| Trade debts payable within one year | 44 | €2.76M |
| Income statement | ||
| Turnover | 70 | €23.18M |
| Operating result | 9901 | €172k |
| Financial income | 75 | €736k |
| Financial charges | 65 | €643k |
| Result before taxes | 9903 | €264k |
| Income taxes | 67/77 | €221k |
| Net result for the period | 9904 | €43k |
| Result to be appropriated | 9905 | €43k |
Health barometer
FY 2025 · computedThe full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Directors
Directors & mandates
9 directors-
Goswijn FijenBankvolmachtState Gazette act 24042179 (08-03-2024)Current08-03-2024 → present
-
Pami Holding BVLegal entityDirectorState Gazette act 24042179 (08-03-2024)Current08-03-2024 → present
-
Taco LuikenCfoState Gazette act 24042179 (08-03-2024)Current08-03-2024 → present
-
Olivier RobberechtsManaging directorState Gazette act 22109567 (14-09-2022)Current25-08-2016 → present
6 events
- 14-09-2022 Appointed· Managing director
- 14-09-2022 Appointed· Voorzitter van de raad van bestuur
- 30-10-2019 Appointed· Director
- 25-08-2016 Appointed· Managing director
- 12-10-2011 Resigned· Director
- 12-10-2011 Resigned· Managing director
Historic, not recently confirmed (3)
-
ROBBERECHTS HOLDINGDirectorState Gazette act 19144200 (30-10-2019)Not recently confirmedlast confirmed in an act from 2019
3 events
- 30-10-2019 Appointed· Director
- 12-10-2011 Appointed· Director
- 12-10-2011 Appointed· Managing director
-
Karin VerbeeckDirectorState Gazette act 16119527 (25-08-2016)Not recently confirmedlast confirmed in an act from 2016
2 events
- 25-08-2016 Appointed· Director
- 25-08-2016 Appointed· Managing director
-
Yves RobberechtsDirectorState Gazette act 16119527 (25-08-2016)Not recently confirmedlast confirmed in an act from 2016
3 events
- 30-10-2019 Resigned· Director
- 25-08-2016 Appointed· Director
- 25-08-2016 Appointed· Managing director
Permanent representatives (2)
-
Ingrid VoschVaste vertegenwoordigerState Gazette act 24150363 (21-10-2024)Permanent representative21-10-2024 → present
-
Tim Van HullebuschVaste vertegenwoordigerState Gazette act 20004147 (07-01-2020)Permanent representative07-01-2020 → present
Former directors (2)
-
Robberechts Holding NVLegal entityDirectorState Gazette act 16119527 (25-08-2016)Former25-08-2016 → 08-03-2024
3 events
- 08-03-2024 Resigned· Director
- 08-03-2024 Resigned· Delegatie van het dagelijks bestuur
- 25-08-2016 Appointed· Director
-
VERBEECK CatharinaDirectorState Gazette act 19144200 (30-10-2019)Former- → 30-10-2019
Statutory auditor
5 auditors| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Moore Audit (B00212)Current Statutory auditor |
- | 21-10-2024 → present |
Show 4 earlier auditors
| Eddy Cober Statutory auditor |
- | 25-08-2016 → 19-10-2022 |
| Erik Thuysbaert Statutory auditor succeeded by Moore Audit (B00212) in 2024 |
- | 19-10-2022 → 21-10-2024 |
| Figurad Bedrijfsrevisoren BV ovve BVBA Statutory auditor succeeded by Vandelandotte++ BV in 2021 |
- | 05-07-2018 → 13-09-2021 |
| Vandelandotte++ BV Statutory auditor succeeded by Erik Thuysbaert in 2022 |
- | 13-09-2021 → 19-10-2022 |
Insolvency mandates
Legal Structure
| NACE primary | Vervaardiging van kantoor- en winkelmeubelen(31001) |
| Legal form | Public limited company(014) |
| Incorporation | 08-12-1999 |
| Status | Active |
| Postal code | 2300 |
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0996/00K000 | Flanders | 5.2 ha | 1 · 3.7 ha | 30.6 m · 3 fl. |
Publications
Lifecycle & Insolvency Signals
Belgisch Staatsblad · acts
10 acts21-10-2024 2 directors appointed
- Moore Audit (B00212), Commissaris
- Ingrid Vosch, Vaste vertegenwoordiger
08-03-2024 3 directors appointed, 2 resigning
- Pami Holding BV, Bestuurder
- Taco Luiken, Cfo
- Goswijn Fijen, Bankvolmacht
- Robberechts Holding NV, Bestuurder
- Robberechts Holding NV, Delegatie van het dagelijks bestuur
19-10-2022 1 director appointed, 1 resigning
14-09-2022 2 directors appointed
- Olivier Robberechts, Gedelegeerd bestuurder
- Olivier Robberechts, Voorzitter van de raad van bestuur
13-09-2021 Vandelandotte++ BV appointed as statutory auditor
07-01-2020 Tim Van Hullebusch appointed as vaste vertegenwoordiger
30-10-2019 2 directors appointed, 2 resigning
- ROBBERECHTS Olivier, Bestuurder
- ROBBERECHTS HOLDING, Bestuurder
- VERBEECK Catharina, Bestuurder
- ROBBERECHTS Yves, Bestuurder
05-07-2018 Figurad Bedrijfsrevisoren BV ovve BVBA appointed as statutory auditor
25-08-2016 7 directors appointed
- Eddy Cober, Commissaris
- Yves Robberechts, Bestuurder
- Karin Verbeeck, Bestuurder
- Robberechts Holding NV, Bestuurder
- Karin Verbeeck, Gedelegeerd bestuurder
- Olivier Robberechts, Gedelegeerd bestuurder
- Yves Robberechts, Gedelegeerd bestuurder
12-10-2011 2 directors appointed, 2 resigning
- ROBBERECHTS HOLDING, Bestuurder
- ROBBERECHTS HOLDING, Gedelegeerd bestuurder
- Olivier ROBBERECHTS, Bestuurder
- Olivier ROBBERECHTS, Gedelegeerd bestuurder
Analysis
Financial profile
4 of 5 axes measuredStrong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector and regionCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | ERVO Projects |