Financials
Financial year 2025
ERAP from Duffel, company number BE0420819454, closed financial year 2025 with a result of € 2.4 million after tax. For that financial year ERAP recorded revenue of € 26.2 million and equity of € 8.2 million. Compared with financial year 2024, the result moved from € 3.6 million to € 2.4 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 8.2 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.4 million
▼ 34% vs 2024
Profit after tax over the fiscal year.
€ 2 million paid out
85 % of the profit went to the shareholders, mostly to REYNAERS ALUMINIUM (100 % of the shares). That is where the money ends up.
People and assets in 2025
63.1
▲ 4.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.9 million
▲ 12% vs 2024
€ 61,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 10,210
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9.1 million
Loans from banks and other lenders, long and short.
€ 469,151
▼ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 9 days on average.
€ 1.5 million
▲ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 28,642,671 | € 27,654,156 | € 29,940,286 | € 26,244,961 | ▼ 12% |
| Profit after taxes | € 2,099,635 | € 3,160,669 | € 3,573,126 | € 2,365,199 | ▼ 34% |
| Equity | € 7,642,281 | € 7,802,950 | € 7,876,076 | € 8,241,276 | ▲ 5% |
| Total debts | € 12,371,072 | € 13,463,703 | € 14,942,228 | € 16,609,638 | ▲ 11% |
| Cash | € 158 | - | - | - | |
| Land & buildings | € 745,025 | € 712,336 | € 690,055 | € 683,860 | ▼ 1% |
| Retained profit | € 7,270,440 | € 7,431,110 | € 7,504,236 | € 7,869,436 | ▲ 5% |
| Dividend | € 2,000,000 | € 3,000,000 | € 3,500,000 | € 2,000,000 | ▼ 43% |
| Bank debt | € 9,307,551 | € 9,445,973 | € 9,141,011 | € 9,135,487 | |
| Balance sheet total | € 20,043,353 | € 21,296,653 | € 22,848,305 | € 24,880,914 | ▲ 9% |
| Employees (FTE) | 58.2 | 58.2 | 58.4 | 63.1 | ▲ 4.7 |
Key figures of ERAP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ERAP?
What happened at ERAP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Norma BV stepped down as director. NBB
- EPB CONSULT BV, vaste vertegenwoordiger Erik Rasker stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.4 million (▼ 34% vs 2024). Source: NBB ↗
- BGCG BV, met als vaste vertegenwoordiger Bert Geerinckx stepped down as director. NBB
- Schelfhout Management Consulting BV stepped down as director. NBB
- Norma BV became a director. NBB
- EPB CONSULT BV, vaste vertegenwoordiger Erik Rasker became a director. NBB
- BGCG BV, met als vaste vertegenwoordiger Bert Geerinckx became a director. NBB
In short
From € 2.1 million profit in 2022 to € 2.4 million profit in 2025.
Paid € 3.9 million in corporate taxes since 2022.
Best year ever: 2024, with € 3.6 million profit.
Paid out € 10.5 million in dividends to the owners in total.
Management
The stake of REYNAERS ALUMINIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ERAPThe shares are held by REYNAERS ALUMINIUM (100%). It owns 0.2% of REYNAERS ALUMINIUM CO LTD and 0% of REYNAERS ALUMINIUM PVT LTD itself.
Directors
According to the 2025 annual accounts
BGCG BV, met als vaste vertegenwoordiger Bert Geerinckx
Managing director · represented by Bert Geerinckx
Also active at: ALURAL BELGIUM, ALURAL LUMMEN
since 2022 · until 2026
Schelfhout Management Consulting BV
Director · represented by Tim Schelfhout
Also active at: ALURAL BELGIUM, ATA IT, ALURAL LUMMEN
since 2022 · until 2026
since 2025 · until 2029
since 2024 · until 2028
Shareholders
100%
Participations
REYNAERS ALUMINIUM CO LTD
0.2%
REYNAERS ALUMINIUM PVT LTD
0%
Establishments
Establishment units
Physical locations of this company
Oude Liersebaan 264
2570 Duffel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0420.819.454
- VAT number
- BE 0420.819.454
- Registered office
- Oude Liersebaan 264, 2570 Duffel
- Names & denominations
- ERAP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 1980
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Coating van metalen
Oppervlaktebehandeling en bekleding van metaal
Vervaardiging van overige producten van metaal, neg
Vervaardiging van overige artikelen van metaal, n.e.g.
Oppervlaktebehandeling van metalen