ERWIN DAEMS
ActiveSummary
ERWIN DAEMS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €39,324 and a net result of €122,988. Equity is shrinking by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 27% of 434 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability100=
Solvency53▼-47
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity tight (current ratio 1.22 against 4.67 in 2025; short-term debt: 72.1% and cash: 39.9% of total assets), and 72.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
27.9%
Return on assets
87.3%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 11-08-2026, 81 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2026
81 d early
2025
35 d early
2024
41 d early
2023
29 d early
2022
3 d early
2021
on the day
2020
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, micro schema
Equity
€39,324▼ 66.2%
2025 · €116,335
Total assets
€140,925▼ 1.6%
2025 · €143,202
Net result
€122,988▲ 8.7%
2025 · €113,112
Working capital
€22,506▼ 77.2%
2025 · €98,662
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€272,527▲ 39.0%€153,489▼ 43.7%€140,135▼ 8.7%€148,464▲ 5.9%€162,016▲ 9.1%
Net result€206,810▲ 37.7%€117,880▼ 43.0%€107,315▼ 9.0%€113,112▲ 5.4%€122,988▲ 8.7%
Equity€394,500▲ 110%€335,909▼ 14.9%€143,224▼ 57.4%€116,335▼ 18.8%€39,324▼ 66.2%
Total assets€480,769▲ 89.9%€352,672▼ 26.6%€163,645▼ 53.6%€143,202▼ 12.5%€140,925▼ 1.6%
Debt€86,269▲ 31.7%€16,763▼ 80.6%€20,422▲ 21.8%€26,867▲ 31.6%€101,602▲ 278%
Working capital€391,342▲ 111%€329,386▼ 15.8%€137,664▼ 58.2%€98,662▼ 28.3%€22,506▼ 77.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2024 the operating result has climbed two years in a row; 2026 is 9% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €140,925
Fixed assets
€16,818 ▼ 4.8%
Current assets
€124,108 ▼ 1.1%
Equity and liabilities €140,925
Equity
€39,324 ▼ 66.2%
Debt
€101,602 ▲ 278%
Debt's share of the balance-sheet total rises from 18.8% to 72.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€163,612▲
2025 · €150,417
Cash flow
€124,585▲
2025 · €115,065
Current ratio
1.22▼
2025 · 4.67
Debt to equity
2.58▲
2025 · 0.23
ROE
312.8%▲
2025 · 97.2%
ROA
87.3%▲
2025 · 79.0%
Interest coverage
98.89▼
2025 · 411.65
Debt ≤ 1 year
€101,602▲
2025 · €26,867
Income taxes
€37,380▲
2025 · €34,987
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,703 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,058 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% | 1.6% |
| 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 74% 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 6,703 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 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,394 | €2,086 | €1,683 | €1,953 | €1,596 | ▼ 18.3% |
| Other operating charges640/8 | €586 | €686 | €898 | €8,267 | €1,653 | ▼ 80.0% |
| Non-recurring operating charges66A | - | - | €3,215 | €0 | - | - |
| Gross operating margin9900 | €274,508 | €156,261 | €145,931 | €158,684 | €165,265 | ▲ 4.1% |
| Operating profit (loss)9901 | €272,527 | €153,489 | €140,135 | €148,464 | €162,016 | ▲ 9.1% |
| Financial income75/76B | €1 | €190 | €114 | €0 | €7 | - |
| Recurring financial income75 | €1 | €190 | €114 | €0 | €7 | - |
| Financial charges65/66B | €712 | €658 | €428 | €365 | €1,655 | ▲ 353% |
| Recurring financial charges65 | €712 | €658 | €428 | €365 | €1,655 | ▲ 353% |
| Profit (loss) for the period before taxes9903 | €271,816 | €153,021 | €139,822 | €148,099 | €160,368 | ▲ 8.3% |
| Income taxes67/77 | €65,006 | €35,141 | €32,507 | €34,987 | €37,380 | ▲ 6.8% |
| Profit (loss) for the period9904 | €206,810 | €117,880 | €107,315 | €113,112 | €122,988 | ▲ 8.7% |
| Profit (loss) for the period to be appropriated9905 | €206,810 | €117,880 | €107,315 | €113,112 | €122,988 | ▲ 8.7% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €480,769 | €352,672 | €163,645 | €143,202 | €140,925 | ▼ 1.6% |
| Fixed assets21/28 | €3,708 | €6,523 | €5,560 | €17,673 | €16,818 | ▼ 4.8% |
| Tangible fixed assets22/27 | €3,708 | €6,523 | €5,560 | €5,823 | €4,968 | ▼ 14.7% |
| Plant, machinery and equipment23 | €2,931 | €4,281 | €3,791 | €4,528 | €4,501 | ▼ 0.6% |
| Furniture and vehicles24 | €777 | €2,242 | €1,769 | €1,296 | €467 | ▼ 64.0% |
| Financial fixed assets28 | - | - | - | €11,850 | €11,850 | = |
| Current assets29/58 | €477,061 | €346,148 | €158,085 | €125,529 | €124,108 | ▼ 1.1% |
| Amounts receivable within one year40/41 | €44,132 | €69,019 | €32,142 | €36,896 | €41,359 | ▲ 12.1% |
| Trade receivables40 | €34,439 | €53,646 | €24,480 | €31,883 | €38,731 | ▲ 21.5% |
| Other amounts receivable41 | €9,693 | €15,373 | €7,662 | €5,013 | €2,628 | ▼ 47.6% |
| Cash at bank and in hand54/58 | €430,227 | €274,129 | €124,801 | €84,554 | €56,262 | ▼ 33.5% |
| Deferred charges and accrued income490/1 | €2,702 | €3,001 | €1,142 | €4,078 | €26,486 | ▲ 549% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €480,769 | €352,672 | €163,645 | €143,202 | €140,925 | ▼ 1.6% |
| Equity10/15 | €394,500 | €335,909 | €143,224 | €116,335 | €39,324 | ▼ 66.2% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €393,435 | €334,864 | €142,164 | €115,264 | €38,324 | ▼ 66.8% |
| Distributable reserves133 | €393,435 | €334,864 | €142,164 | €115,264 | €38,324 | ▼ 66.8% |
| Profit (loss) carried forward14 | €65 | €45 | €59 | €71 | €0 | ▼ 100% |
| Amounts payable17/49 | €86,269 | €16,763 | €20,422 | €26,867 | €101,602 | ▲ 278% |
| Amounts payable within one year42/48 | €85,719 | €16,763 | €20,422 | €26,867 | €101,602 | ▲ 278% |
| Trade debts44 | €4,082 | €2,689 | €3,502 | €7,840 | €1,742 | ▼ 77.8% |
| Suppliers440/4 | €4,082 | €2,689 | €3,502 | €7,840 | €1,742 | ▼ 77.8% |
| Advances received on contracts in progress46 | €310 | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | €81,327 | €14,074 | €12,662 | €14,141 | €19,874 | ▲ 40.5% |
| Taxes450/3 | €81,327 | €14,074 | €12,662 | €14,141 | €19,874 | ▲ 40.5% |
| Other amounts payable47/48 | - | - | €4,258 | €4,886 | €79,986 | ▲ 1,537% |
| Accrued charges and deferred income492/3 | €550 | €0 | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €206,810 | €117,880 | €107,315 | €113,112 | €122,988 | ▲ 8.7% |
| + Depreciation and write-downs630 | €1,394 | €2,086 | €1,683 | €1,953 | €1,596 | ▼ 18.3% |
| Operating cash flow (approximation) | €208,204 | €119,966 | €108,997 | €115,065 | €124,585 | ▲ 8.3% |
| Investment in fixed assets (approximation) | - | -€4,901 | -€719 | -€14,066 | -€741 | ▲ 94.7% |
| Change in cash | - | -€156,098 | -€149,328 | -€40,247 | -€28,292 | ▲ 29.7% |
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
Next filing, fiscal year 2027, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
20-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Liquidity quadruplescurrent ratio 20.65
Current ratio from 5.57 to 20.65; short-term debt falls from €85,719 to €16,763.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2020net €206,810 ▲37.7%
Operating result €272,527, net result €206,810, both a record.
31-03
Financial
Equity above €200,000Eq €394,500 ▲110%
3 profitable years in a row build equity to €394,500.
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Equity above €150,000Eq €187,690 ▲401%
2 profitable years in a row build equity to €187,690.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 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, Gent · 1 establishment unit since 2019
Ground area
415 m²
Building footprint
296 m²
Volume, LiDAR
2,446 m³
Parcel 44815F3090/00D000, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ERWIN DAEMS
since 20192.292.145.533
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F3090/00D000 | Flanders | 414 m² | 1 · 296 m² | 12.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 36,577 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
Founded13-08-2019
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0732579335
Also
9925:BE0732579335
Registered
20-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.