What does ERVO Projects do?

ERVO Projects is a water company in Turnhout. Public Limited, started on 8 December 1999, 1 establishment.

What is the address of ERVO Projects?

The registered office of ERVO Projects is located at Slachthuisstraat 21, 2300 Turnhout.

Is ERVO Projects still active?

Yes. According to the CBE (29 October 2026) ERVO Projects is active, legal situation “Normale toestand”, started on 8 December 1999.

Is ERVO Projects registered on Peppol?

Yes, ERVO Projects is registered on the Peppol network with ID 0208:0468125463.

What is the enterprise number of ERVO Projects?

The enterprise number of ERVO Projects is BE0468125463.

When was ERVO Projects founded?

ERVO Projects was founded on 8 December 1999.

Who are the directors of ERVO Projects?

According to the 2025 annual accounts, the directors of ERVO Projects are: Workspace Factories BV.

Is ERVO Projects a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 December 1999; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did ERVO Projects make in 2025?

ERVO Projects posted a profit after taxes of € 42,938 in financial year 2025.

What is the revenue of ERVO Projects?

In its most recent annual accounts (2025), ERVO Projects reported revenue of € 23,177,030.

How much does an employee at ERVO Projects earn?

The average wage cost per full-time employee at ERVO Projects was € 63,500 in 2025: staff costs of € 6.3 million for 98.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ERVO Projects have?

According to the 2025 annual accounts, ERVO Projects has 98.6 full-time equivalents (FTE).

ERVO Projects (Public Limited) - Turnhout - BE0468125463

Dossier ERVO Projects, printed on 29 October 2026 from databakkes.be/en/0468125463/ervo-projects. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 36 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ERVO Projects from Turnhout, company number BE0468125463, closed financial year 2025 with a result of € 42,938 after tax. For that financial year ERVO Projects recorded revenue of € 23.2 million and equity of € 22.5 million. Compared with financial year 2024, the result moved from € -135,403 to € 42,938. 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 June 11, 2026.

What it is worth Growing

€ 22.5 million

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

Profit Growing

€ 42,938

▲ still € 135,403 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 378,133

▲ 266% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 5.4 million.

People and assets in 2025

Full-time equivalents

98.6

▼ 4 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 6.3 million

▼ 3% vs 2024

€ 63,500 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

€ 17.6 million

▼ 4% vs 2024

Of which on lease € 17.4 million.

Debts at end 2025

Bank debt ≈ 12 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 18.3 million

▲ 4% vs 2024

€ 1.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 2.8 million

▼ 21% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 64 days on average.

Taxes and wages

€ 1 million

▲ 11% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 25,539,887 Revenue 2022: € 25,539,887 First fiscal year in the series	€ 24,308,906 Revenue 2023: € 24,308,906 ▼ 5% vs 2022 (€ 25,539,887) Unfavourable step	€ 24,226,119 Revenue 2024: € 24,226,119 Unchanged (€ 24,308,906) Unfavourable step	€ 23,177,030 Revenue 2025: € 23,177,030 ▼ 4% vs 2024 (€ 24,226,119) Unfavourable step	▼ 4%
Profit after taxes	€ 515,744 Profit after taxes 2022: € 515,744 First fiscal year in the series	€ 114,376 Profit after taxes 2023: € 114,376 ▼ 78% vs 2022 (€ 515,744) Unfavourable step	€ -135,403 Profit after taxes 2024: € -135,403 ▼ € 249,779 vs 2023 (€ 114,376) Unfavourable step	€ 42,938 Profit after taxes 2025: € 42,938 ▲ € 178,341 vs 2024 (€ -135,403) Favourable step	▲ € 178,341
Equity	€ 8,407,583 Equity 2022: € 8,407,583 First fiscal year in the series	€ 22,555,430 Equity 2023: € 22,555,430 ▲ 168% vs 2022 (€ 8,407,583) Favourable step	€ 22,420,027 Equity 2024: € 22,420,027 ▼ 1% vs 2023 (€ 22,555,430) Unfavourable step	€ 22,462,965 Equity 2025: € 22,462,965 Unchanged (€ 22,420,027) Favourable step
Total debts	€ 3,986,168 Total debts 2022: € 3,986,168 First fiscal year in the series	€ 26,222,233 Total debts 2023: € 26,222,233 ▲ € 22.2 million vs 2022 (€ 3,986,168) Unfavourable step	€ 28,096,214 Total debts 2024: € 28,096,214 ▲ 7% vs 2023 (€ 26,222,233) Unfavourable step	€ 26,694,234 Total debts 2025: € 26,694,234 ▼ 5% vs 2024 (€ 28,096,214) Favourable step	▼ 5%
Cash	€ 469,802 Cash 2022: € 469,802 First fiscal year in the series	€ 197,996 Cash 2023: € 197,996 ▼ 58% vs 2022 (€ 469,802) Unfavourable step	€ 103,289 Cash 2024: € 103,289 ▼ 48% vs 2023 (€ 197,996) Unfavourable step	€ 378,133 Cash 2025: € 378,133 ▲ 266% vs 2024 (€ 103,289) Favourable step	▲ 266%
Land & buildings	€ 2,297,703 Land & buildings 2022: € 2,297,703 First fiscal year in the series	€ 0 Land & buildings 2023: € 0 ▼ 100% vs 2022 (€ 2,297,703) Unchanged	-	-
Retained profit	€ 4,050,046 Retained profit 2022: € 4,050,046 First fiscal year in the series	€ 4,456,378 Retained profit 2023: € 4,456,378 ▲ 10% vs 2022 (€ 4,050,046) Favourable step	€ 4,858,809 Retained profit 2024: € 4,858,809 ▲ 9% vs 2023 (€ 4,456,378) Favourable step	€ 5,439,582 Retained profit 2025: € 5,439,582 ▲ 12% vs 2024 (€ 4,858,809) Favourable step	▲ 12%
Bank debt	€ 1,096,160 Bank debt 2022: € 1,096,160 First fiscal year in the series	€ 18,284,592 Bank debt 2023: € 18,284,592 ▲ € 17.2 million vs 2022 (€ 1,096,160) Unfavourable step	€ 17,612,646 Bank debt 2024: € 17,612,646 ▼ 4% vs 2023 (€ 18,284,592) Favourable step	€ 18,283,990 Bank debt 2025: € 18,283,990 ▲ 4% vs 2024 (€ 17,612,646) Unfavourable step	▲ 4%
Balance sheet total	€ 12,393,751 Balance sheet total 2022: € 12,393,751 First fiscal year in the series	€ 48,777,663 Balance sheet total 2023: € 48,777,663 ▲ 294% vs 2022 (€ 12,393,751) Unchanged	€ 50,516,241 Balance sheet total 2024: € 50,516,241 ▲ 4% vs 2023 (€ 48,777,663) Unchanged	€ 49,157,199 Balance sheet total 2025: € 49,157,199 ▼ 3% vs 2024 (€ 50,516,241) Unchanged	▼ 3%
Employees (FTE)	102.5 Employees (FTE) 2022: 102.5 First fiscal year in the series	96.6 Employees (FTE) 2023: 96.6 ▼ 5.9 vs 2022 (102.5) Unchanged	102.6 Employees (FTE) 2024: 102.6 ▲ 6 vs 2023 (96.6) Unchanged	98.6 Employees (FTE) 2025: 98.6 ▼ 4 vs 2024 (102.6) Unchanged	▼ 4

Key figures of ERVO Projects, 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 ERVO Projects?

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

2029 Workspace Factories BV stepped down as director. NBB
Jun 11, 2026 New annual accounts for financial year 2025: profit of € 42,938. Source: NBB ↗
2023 Workspace Factories BV became a director. NBB
Jan 19, 2000 New establishment in Turnhout. KBO
Dec 8, 1999 Start of the company according to the CBE. KBO

In short

From € 515,744 profit in 2022 to € 42,938 profit in 2025.

Paid € 693,097 in corporate taxes since 2022.

Best year ever: 2022, with € 515,744 profit.

Pays suppliers within 64 days on average.

Original PDFs at the National Bank ↗

Management

ROBBERECHTS HOLDING 100%

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

ERVO Projects

The shares are held by ROBBERECHTS HOLDING (100%).

Directors

According to the 2025 annual accounts

Workspace Factories BV

Director · represented by Olivier ROBBERECHTS

Also active at: PAMI INTERNATIONAL, ROBBERECHTS, PAMI OG, INTERPAM, PAMI, ROBBERECHTS HOLDING

since 2023 · until 2029

Shareholders

ROBBERECHTS HOLDING

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Slachthuisstraat 21

2300 Turnhout

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

ROBBERECHTS same network

€ 25.7 million revenue · 2025

ROBBERECHTS HOLDING same network

€ 1.2 million revenue · 2025

prorob

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

Details

Company number

0468.125.463

VAT number

BE 0468.125.463

Registered office

Slachthuisstraat 21, 2300 Turnhout

Names & denominations

ERVO Projects

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

8 December 1999

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Vervaardiging van kantoor-, winkel- en ateliermeubelen, overwegend van metaal

Vervaardiging van kantoor- en winkelmeubelen

Vervaardiging van overige producten van metaal, neg

Vervaardiging van brandkasten

View on CBE Public ↗ Annual accounts (NBB) ↗

ERVO Projects

Warning lights

Financials

What happened to ERVO Projects?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions