Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
E.R.C. from Avelgem, company number BE0526903604, closed financial year 2025 with a result of € 5,515 after tax. For that financial year E.R.C. recorded a gross margin of € 60,871 and equity of € -131,799. Compared with financial year 2024, the result moved from € 1,182 to € 5,515. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ -131,799
▲ € 5,515 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,515
▲ € 4,333 vs 2024
Profit after tax over the fiscal year.
€ 7,529
▲ 80% 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 € -196,799.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 70,385
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12,706
▼ 57% vs 2024
€ 7,726 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 5,366
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,065
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 | € 69,536 | € 51,580 | € 64,198 | € 60,871 | ▼ 5% |
| Profit after taxes | € 2,964 | € -42,379 | € 1,182 | € 5,515 | ▲ € 4,333 |
| Equity | € -96,117 | € -138,496 | € -137,314 | € -131,799 | ▲ € 5,515 |
| Total debts | € 253,623 | € 277,846 | € 287,028 | € 253,796 | ▼ 12% |
| Cash | € 9,543 | € 2,218 | € 4,187 | € 7,529 | ▲ 80% |
| Retained profit | € -161,117 | € -203,496 | € -202,314 | € -196,799 | ▲ € 5,515 |
| Bank debt | € 21,321 | € 31,540 | € 29,218 | € 12,706 | ▼ 57% |
| Balance sheet total | € 157,506 | € 139,350 | € 149,714 | € 121,997 | ▼ 19% |
Key figures of E.R.C., 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 October 2026.
What happened to E.R.C.?
What happened at E.R.C. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,515 (▲ € 4,333 vs 2024). Source: NBB ↗
- Erwin Renaat Rombaut became a director. NBB
- New establishment in Avelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,964 profit in 2022 to € 5,515 profit in 2025.
Best year ever: 2025, with € 5,515 profit.
Management
Behind E.R.C. is Erwin Renaat Rombaut.
Directors
According to the 2025 annual accounts
Erwin Renaat Rombaut
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Doorniksesteenweg 22
8580 Avelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0526.903.604
- VAT number
- BE 0526.903.604
- Registered office
- Doorniksesteenweg 22, 8580 Avelgem
- Names & denominations
- E.R.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 April 2013
- Peppol
- Active · Active since 23 Feb 2026
- Activities · NACE
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Diensten in verband met vervoer te land