Financials
Financial year 2025
ERDE-SOL from Waterloo, company number BE0464726010, closed financial year 2025 with a result of € 54,434 after tax. For that financial year ERDE-SOL recorded a gross margin of € 102,844 and equity of € 244,840. Compared with financial year 2024, the result moved from € 28,560 to € 54,434. 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 March 3, 2026.
€ 244,840
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,434
▲ 91% vs 2024
Profit after tax over the fiscal year.
€ 68,610
▲ 189% 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 € 226,248.
People and assets in 2025
€ 56,707
▲ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 59,466
▼ 6% vs 2024
€ 3,950 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 108,722
▲ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,283
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 | € 11,915 | € 154,608 | € 64,350 | € 102,844 | ▲ 60% |
| Profit after taxes | € 204 | € 91,588 | € 28,560 | € 54,434 | ▲ 91% |
| Equity | € 70,259 | € 161,847 | € 190,407 | € 244,840 | ▲ 29% |
| Total debts | € 101,170 | € 203,427 | € 159,317 | € 186,700 | ▲ 17% |
| Cash | € 11,349 | € 50,264 | € 23,743 | € 68,610 | ▲ 189% |
| Land & buildings | € 84,794 | € 81,920 | € 124,560 | € 120,483 | ▼ 3% |
| Retained profit | € 51,667 | € 143,255 | € 171,815 | € 226,248 | ▲ 32% |
| Bank debt | € 70,164 | € 66,678 | € 63,113 | € 59,466 | ▼ 6% |
| Balance sheet total | € 171,428 | € 365,274 | € 349,724 | € 431,541 | ▲ 23% |
Key figures of ERDE-SOL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ERDE-SOL?
What happened at ERDE-SOL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 54,434 (▲ 91% vs 2024). filed late Source: NBB ↗
- Miguel LOPEZ MORITAN became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 204 profit in 2022 to € 54,434 profit in 2025.
Paid € 68,284 in corporate taxes since 2022.
Best year ever: 2023, with € 91,588 profit.
Management
Behind ERDE-SOL is Miguel LOPEZ MORITAN. Miguel LOPEZ MORITAN is also behind ImmoGood.
Directors
According to the 2025 annual accounts
since 2018
Establishments
Establishment units
Physical locations of this company
Avenue des Sarcelles 32
1410 Waterloo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.726.010
- VAT number
- BE 0464.726.010
- Registered office
- Avenue des Sarcelles 32, 1410 Waterloo
- Names & denominations
- ERDE-SOL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1998
- Peppol
- Active · Active since 22 Oct 2026
- Activities · NACE
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