Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ER-PA Brussel from Schaarbeek, company number BE0779380746, closed financial year 2025 with a result of € -350,520 after tax. For that financial year ER-PA Brussel recorded a gross margin of € -197,661 and equity of € -604,698. Compared with financial year 2024, the result moved from € -266,288 to € -350,520. The company made a loss. 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 July 9, 2026.
€ -604,698
▼ € 350,520 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -350,520
▼ 32 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,393
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -629,698.
People and assets in 2025
€ 58,519
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 46,017
▲ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 46,257
▲ 129% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,060
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -5,640 | € -4,004 | € -254,484 | € -197,661 | ▲ € 56,824 |
| Profit after taxes | € -6,487 | € -6,404 | € -266,288 | € -350,520 | ▼ € 84,232 |
| Equity | € 18,513 | € 12,110 | € -254,178 | € -604,698 | ▼ € 350,520 |
| Total debts | € 2,377 | € 222,105 | € 1,079,250 | € 1,520,506 | ▲ 41% |
| Cash | € 5,624 | € 1,365 | € 8,443 | € 3,393 | ▼ 60% |
| Retained profit | € -6,487 | € -12,890 | € -279,178 | € -629,698 | ▼ € 350,520 |
| Balance sheet total | € 20,890 | € 234,214 | € 825,072 | € 915,808 | ▲ 11% |
Key figures of ER-PA Brussel, 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 ER-PA Brussel?
What happened at ER-PA Brussel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 350,520. Source: NBB ↗
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
- Fatih Ozciftci became a director. NBB
In short
From € 6,487 loss in 2022 to € 350,520 loss in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ER-PA Brussel is Fatih Ozciftci.
Directors
According to the 2025 annual accounts
Fatih Ozciftci
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Masuistraat 194-196
1030 Schaarbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0779.380.746
- VAT number
- BE 0779.380.746
- Registered office
- Masuistraat 194-196, 1030 Schaarbeek
- Names & denominations
- ER-PA Brussel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 2021
- Peppol
- Active · Active since 29 Sept 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)