Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 50.8 to 41.9.
Financials
Financial year 2025
BOUWONDERNEMING ERIBO from Waregem, company number BE0441621006, closed financial year 2025 with a result of € 2.3 million after tax. For that financial year BOUWONDERNEMING ERIBO recorded revenue of € 33.6 million and equity of € 8.7 million. Compared with financial year 2024, the result moved from € 1.5 million to € 2.3 million. 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 July 6, 2026.
€ 8.7 million
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.3 million
▲ 56% vs 2024
Profit after tax over the fiscal year.
€ 675,097
▼ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
13 % of the profit went to the shareholders, mostly to Maxanna (100 % of the shares). That is where the money ends up.
People and assets in 2025
41.9
▼ 6.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.1 million
▼ 4% vs 2024
€ 74,700 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.
€ 212,469
▼ 28% vs 2024
Of which on lease € 16,425.
Debts at end 2025
€ 2.5 million
▼ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 1.7 million
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 34 days on average.
€ 278,151
▲ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 14,246,711 | € 15,141,611 | € 43,562,321 | € 33,645,170 | ▼ 23% |
| Profit after taxes | € 262,973 | € 1,099,668 | € 1,471,979 | € 2,298,090 | ▲ 56% |
| Equity | € 4,408,090 | € 5,507,758 | € 6,679,737 | € 8,677,827 | ▲ 30% |
| Total debts | € 11,601,608 | € 12,989,518 | € 9,434,680 | € 6,278,504 | ▼ 33% |
| Cash | € 5,301,311 | € 5,033,640 | € 2,087,837 | € 675,097 | ▼ 68% |
| Retained profit | € 4,315,090 | € 5,414,758 | € 6,586,737 | € 8,584,827 | ▲ 30% |
| Dividend | € 0 | € 0 | € 300,000 | € 300,000 | |
| Bank debt | € 5,540,202 | € 4,360,306 | € 2,683,598 | € 2,524,975 | ▼ 6% |
| Balance sheet total | € 16,076,392 | € 18,569,632 | € 16,270,142 | € 15,073,053 | ▼ 7% |
| Employees (FTE) | 55.9 | 50.8 | 48.2 | 41.9 | ▼ 6.3 |
Key figures of BOUWONDERNEMING ERIBO, 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 BOUWONDERNEMING ERIBO?
What happened at BOUWONDERNEMING ERIBO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pieter Vandewiele BV stepped down as director. NBB
- Maxanna BV stepped down as director. NBB
- Ilse Vandewiele BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.3 million (▲ 56% vs 2024). Source: NBB ↗
- Pieter Vandewiele BV became a director. NBB
- Maxanna BV became a director. NBB
- Ilse Vandewiele BV became a director. NBB
- New establishment in Waregem. KBO
In short
From € 262,973 profit in 2022 to € 2.3 million profit in 2025.
Paid € 1.6 million in corporate taxes since 2022.
Best year ever: 2025, with € 2.3 million profit.
Paid out € 600,000 in dividends to the owners in total.
Management
The stake of Maxanna comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BOUWONDERNEMING ERIBOThe shares are held by Maxanna (100%). It owns 100% of Veva Bouwprojecten NV and 50% of Erikor BV itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Pieter Vandewiele
Also active at: Studie- en Adviesgroep, IMMO VEVA, ERIBO - VASTGOED, Maxanna, ERIBO CONSULT, VEVA BOUWPROJECTEN
since 2024 · until 2030
Managing director · represented by Eric Vandewiele
Also active at: Studie- en Adviesgroep, IMMO VEVA, ERIBO - VASTGOED, ERIKUB, ERIBO CONSULT, ERIKOR, VEVA BOUWPROJECTEN
since 2024 · until 2030
Managing director · represented by Ilse Vandewiele
Also active at: Studie- en Adviesgroep, IMMO VEVA, ERIBO - VASTGOED, Maxanna, ERIBO CONSULT, VEVA BOUWPROJECTEN
since 2024 · until 2030
Shareholders
100%
Participations
50%
Establishments
Establishment units
Physical locations of this company
Vredestraat 45
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Studie- en Adviesgroep same network
€ 166,133 gross margin · 2025
IMMO VEVA same network
€ 523,820 gross margin · 2025
ERIBO - VASTGOED same network
€ 159,978 gross margin · 2025
GROEP ERIBO
Maxanna same network
€ 1.5 million revenue · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.621.006
- VAT number
- BE 0441.621.006
- Registered office
- Vredestraat 45, 8790 Waregem
- Names & denominations
- BOUWONDERNEMING ERIBO · ERIBO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 September 1990
- Peppol
- Active · Active since 17 Sept 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden