Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
ERSTEEL from Lokeren, company number BE0477894650, closed financial year 2025 with a result of € -12,185 after tax. For that financial year ERSTEEL recorded a gross margin of € 27,169 and equity of € 432,644. Compared with financial year 2024, the result moved from € -12,111 to € -12,185. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 21, 2026.
€ 432,644
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,185
▼ 1 % more loss than in 2024
Profit after tax over the fiscal year.
€ 59,222
▼ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 184,644.
People and assets in 2025
€ 2,998
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,562
▼ 78% vs 2024
Loans from banks and other lenders, long and short.
€ 3,394
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,559
▲ 61% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,390 | € 24,267 | € 26,800 | € 27,169 | ▲ 1% |
| Profit after taxes | € -23,067 | € -12,497 | € -12,111 | € -12,185 | ▼ € 74 |
| Equity | € 469,436 | € 456,940 | € 444,829 | € 432,644 | ▼ 3% |
| Total debts | € 346,427 | € 331,100 | € 311,588 | € 287,523 | ▼ 8% |
| Cash | € 99,468 | € 87,922 | € 71,861 | € 59,222 | ▼ 18% |
| Land & buildings | € 365,113 | € 352,604 | € 341,883 | € 329,237 | ▼ 4% |
| Retained profit | € 221,436 | € 208,940 | € 196,829 | € 184,644 | ▼ 6% |
| Bank debt | € 73,523 | € 51,712 | € 29,398 | € 6,562 | ▼ 78% |
| Balance sheet total | € 815,863 | € 788,039 | € 756,417 | € 720,167 | ▼ 5% |
Key figures of ERSTEEL, 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 April 2027.
What happened to ERSTEEL?
What happened at ERSTEEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,185. Source: NBB ↗
- Eline Gryson stepped down as director. NBB
- Erwin Gryson stepped down as director. NBB
- Eline Gryson became a director. NBB
- New establishment in Lokeren. KBO
- Erwin Gryson became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 23,067 loss in 2022 to € 12,185 loss in 2025.
Paid € 997 in corporate taxes since 2022.
Management
Directors
According to the 2025 annual accounts
Eline Gryson
Managing director
since 2009 · until 2026
Erwin Gryson
Director
since 2002 · until 2026
Establishments
Establishment units
Physical locations of this company
Vrijheidsplein 4
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0477.894.650
- VAT number
- BE 0477.894.650
- Registered office
- Vrijheidsplein 4, 9160 Lokeren
- Names & denominations
- ERSTEEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 2002
- Peppol
- Active · Active since 17 Jul 2025
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings
Beroepsopleiding
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Handelsbemiddeling in goederen, algemeen assortiment
Volwassenenvorming