Active · per the CBE, 29 October 2026

ERTPAS

BE0424153185

Rechtspersoon Private limited company 1 establishment

ERTPAS is a supermarket in Izegem. Private Limited, started on 20 June 1983, 1 establishment.

Gentsestraat 61, 8870 Izegem

Behind the company: Aartco BV, Erwin VERNIERS, Petra BAECK.

Active for

43 year, 4 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.

  • Busy address KBO

    24 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

ERTPAS from Izegem, company number BE0424153185, closed financial year 2025 with a result of € 297,581 after tax. For that financial year ERTPAS recorded a gross margin of € 1.1 million and equity of € 567,860. Compared with financial year 2024, the result moved from € 399,150 to € 297,581. The company is profitable. 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 July 24, 2026.

What it is worth Growing

€ 567,860

▲ 21% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 297,581

▼ 25% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 73,767

▲ 100% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 200,000 paid out

67 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

14.1

▲ 0.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 571,832

▲ 3% vs 2024

€ 40,600 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.

Vehicles and equipment

€ 524

▼ 74% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 8,909

▼ 62% vs 2024

€ 2,227 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 593,959

▲ € 465,029 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 76,569

▼ 12% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 933,829 € 1,169,803 € 1,147,400 € 1,122,314 ▼ 2%
Profit after taxes € 334,137 € 419,486 € 399,150 € 297,581 ▼ 25%
Equity € 575,123 € 471,128 € 470,278 € 567,860 ▲ 21%
Total debts € 662,677 € 766,697 € 646,916 € 984,078 ▲ 52%
Cash € 64,939 € 134,311 € 36,865 € 73,767 ▲ 100%
Land & buildings - - - € 450,000
Retained profit € 553,826 € 451,128 € 450,278 € 547,860 ▲ 22%
Dividend € 400,000 € 522,184 € 400,000 € 200,000 ▼ 50%
Bank debt € 37,500 € 25,000 € 23,636 € 8,909 ▼ 62%
Balance sheet total € 1,237,800 € 1,237,825 € 1,117,194 € 1,551,938 ▲ 39%
Employees (FTE) 11.9 13.6 13.6 14.1 ▲ 0.5

Key figures of ERTPAS, 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 ERTPAS?

What happened at ERTPAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 297,581 (▼ 25% vs 2024). Source: NBB ↗
  • New establishment in Evergem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 334,137 profit in 2022 to € 297,581 profit in 2025.

Paid € 443,634 in corporate taxes since 2022.

Best year ever: 2023, with € 419,486 profit.

On average € 79,600 of value added per employee in 2025.

Management

AARTCO 49.7%

The stake of AARTCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ERTPAS

Behind ERTPAS are Aartco BV, Erwin VERNIERS and Petra BAECK. The shares are held by AARTCO (49.7%).

Directors

According to the 2025 annual accounts

Aartco BV

Managing director · represented by Pascal VANHONSEBROUCK

Also active at: VARIA, SHOPPING - HERMANS, WALVAN, SHOPPING DIEPENBEEK, HERMANS DIEPENBEEK, AVANTI, PASCALINO, Hotel 't Sandt +3 more

Erwin VERNIERS

Managing director

Petra BAECK

Managing director

Shareholders

AARTCO

49.7%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Gentsestraat 61

8870 Izegem

2.128.901.659

Pastorijstraat 46

9940 Evergem

Active since 1 July 1983

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0424.153.185
VAT number
BE 0424.153.185
Registered office
Gentsestraat 61, 8870 Izegem
Names & denominations
ERTPAS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
20 June 1983
Peppol
Active · Active since 18 Mar 2026
Activities · NACE

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)

Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)

Frequently asked questions

What does ERTPAS do?
ERTPAS is a supermarket in Izegem. Private Limited, started on 20 June 1983, 1 establishment.
What is the address of ERTPAS?
The registered office of ERTPAS is located at Gentsestraat 61, 8870 Izegem.
Is ERTPAS still active?
Yes. According to the CBE (29 October 2026) ERTPAS is active, legal situation “Normale toestand”, started on 20 June 1983.
Is ERTPAS registered on Peppol?
Yes, ERTPAS is registered on the Peppol network with ID 0208:0424153185.
What is the enterprise number of ERTPAS?
The enterprise number of ERTPAS is BE0424153185.
When was ERTPAS founded?
ERTPAS was founded on 20 June 1983.