Equity
€709,696 ▲ 1.6%
Erwin Verbraeken has made a profit without a break since 2022.
Erwin Verbraeken
Lifetime
11 annual accounts with figures on one time axispeak €337,773 (2019)
-€4,348▼ €289
lowest -€5,265 (2021)
€10,975▲ 4.0%
peak €709,696 (2025)
€709,696▲ 1.6%
€11,969▲ 52.5%
Board6 names since 2019
2 directorsChristiane HEYLEN and 1 other
Owners
100%VLINVESTA
Documentsfilings and deeds
15-07-202616 days before the deadline
2025abbreviated format
New statutory auditor 17-06Debts from €7,851 to €11,969
Key points
from the 2025 annual accountsFilings
11 annual accounts 12 filings since 2015
The last five annual accounts were filed 12 to 46 days before the end of the period.
At the same address
52 companies
Turnover not published (abbreviated format)
Checked score
85
Excellent
Financially stronger than 65% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%highest value
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.3%▼ -0.1 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▼ -0.1 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026lowest value
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 47.77
lowers risk
Size: total assets €721,665
Equity €709,696 (98.3% of total assets)
Founded in 2013
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 (no NACE code, micro). It does better than 81% of them on solvency, 95% on liquidity, 32% on profitability and 53% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 6,049 companies had the same profile as Erwin Verbraeken has now. Each dot stands for 16 companies, two years later.
95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
That fits the bankruptcy probability of Erwin Verbraeken itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 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 6,049 companies, not a prediction for Erwin Verbraeken. 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.
Credit verdict
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 47.77 (70.91 in 2024), above the usual 1.5. Short-term debt is 1.7% of total assets. 1.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 days early
2024
28 days early
2023
12 days early
2022
46 days early
2021
24 days early
2020
23 days early
2020
52 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 29 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 7 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0543551871
New statutory auditor
Finvision Bedrijfsrevisoren appointed, Geert Van Hemelryck - Bedrijfsrevisor resigned · General meeting of 30-04-2025 · Gazette deed
Appointment: FINVISION BEDRIJFSREVISOREN WAASLAND BV (statutory auditor)
General meeting of 14-11-2023 · Gazette deed
Amendment of the articles · Legal-form change
Gazette deed
Official details
Source: KBO- Status
- Active since 18-12-2013Normal situation
- Registered office
- 53 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- “Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot…” (deed in Dutch)From the articles, 13 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.226.453.6682235 Hulshout, since 31-01-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Annual accounts 2025
- €721,665▲ 2.1%
- Filing
- Filed on 15-07-2026, 16 days before the end of the filing period
Insights on Erwin Verbraeken
Erwin Verbraeken files the abbreviated format. That format states no turnover. The gross margin fell from €337,081 in 2015 to -€4,348 in 2025.
VLINVESTA holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Erwin Verbraeken
- What is the company number of Erwin Verbraeken?
- The company number of Erwin Verbraeken is 0543.551.871. The VAT number is the same number with BE in front: BE 0543.551.871.
- Where is Erwin Verbraeken based?
- The registered office is at Corbeillestraat 40, 2235 Hulshout.Company details
- What is the legal form of Erwin Verbraeken?
- Erwin Verbraeken is a private limited company (BV).
- When was Erwin Verbraeken founded?
- Erwin Verbraeken was founded on 18-12-2013.
- Is Erwin Verbraeken still active?
- Yes, Erwin Verbraeken is an active enterprise in the KBO register.
- What is the turnover of Erwin Verbraeken?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is Erwin Verbraeken profitable?
- In financial year 2025, Erwin Verbraeken made a profit of €10,975.
- Where can I find the annual accounts of Erwin Verbraeken?
- Erwin Verbraeken filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Erwin Verbraeken due?
- Erwin Verbraeken must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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