Financials
Financial year 2025
Erwigo from Aalst, company number BE0421620396, closed financial year 2025 with a result of € 12,239 after tax. For that financial year Erwigo recorded a gross margin of € 97,186 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 9,382 to € 12,239. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 1.2 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,239
▲ 30% vs 2024
Profit after tax over the fiscal year.
€ 26,145
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -693,445.
People and assets in 2025
€ 87,949
▲ 86% vs 2024
Of which on lease € 87,949.
Debts at end 2025
€ 186,616
▲ 1% vs 2024
€ 38,278 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 65,697
▲ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,957
▼ 22% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 107,750 | € 79,622 | € 99,054 | € 97,186 | ▼ 2% |
| Profit after taxes | € 49,601 | € 27,958 | € 9,382 | € 12,239 | ▲ 30% |
| Equity | € 1,106,864 | € 1,134,823 | € 1,144,205 | € 1,156,444 | ▲ 1% |
| Total debts | € 1,256,299 | € 1,320,181 | € 1,379,310 | € 1,410,439 | ▲ 2% |
| Cash | € 4,239 | € 10,575 | € 84,579 | € 26,145 | ▼ 69% |
| Land & buildings | € 609,121 | € 615,208 | € 599,471 | € 583,734 | ▼ 3% |
| Retained profit | € -743,025 | € -715,066 | € -705,684 | € -693,445 | ▲ € 12,239 |
| Bank debt | € 150,831 | € 195,036 | € 184,472 | € 186,616 | ▲ 1% |
| Balance sheet total | € 2,363,163 | € 2,455,004 | € 2,523,515 | € 2,566,883 | ▲ 2% |
Key figures of Erwigo, 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 Erwigo?
What happened at Erwigo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ILKO BV stepped down as director. NBB
- Erna Van Schuerbeek stepped down as director. NBB
- Wim Van Schuerbeek stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 12,239 (▲ 30% vs 2024). filed late Source: NBB ↗
- ILKO BV became a director. NBB
- Erna Van Schuerbeek became a director. NBB
- Wim Van Schuerbeek became a director. NBB
- New establishment in Aalst. KBO
In short
From € 49,601 profit in 2022 to € 12,239 profit in 2025.
Paid € 3,662 in corporate taxes since 2022.
Best year ever: 2022, with € 49,601 profit.
Management
The stake of Offidro, ILKO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ErwigoThe shares are held by Offidro (33.3%) and ILKO (33.3%).
Directors
According to the 2025 annual accounts
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wellekensstraat 4
9300 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.620.396
- VAT number
- BE 0421.620.396
- Registered office
- Wellekensstraat 4, 9300 Aalst
- Names & denominations
- Erwigo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 April 1981
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Projectontwikkeling voor woningbouw