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 3 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
-
Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
E-RS Belgium from Affligem, company number BE0786788279, closed financial year 2025 with a result of € -894,699 after tax. For that financial year E-RS Belgium recorded a gross margin of € 94,949 and equity of € -1.5 million. Compared with financial year 2024, the result moved from € -652,940 to € -894,699. 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 September 30, 2026.
€ -1.5 million
▼ € 894,699 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -894,699
▼ 37 % more loss than in 2024
Profit after tax over the fiscal year.
€ 19,778
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.7 million.
People and assets in 2025
8.8
Average over the fiscal year, from the social balance sheet.
€ 738,706
▲ 39% vs 2024
€ 83,900 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.
€ 6,365
▲ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▲ 14% vs 2024
€ 391,269 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 818,505
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 44,977
▲ € 40,429 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 152,285 | € 101,476 | € 94,949 | ▼ 6% |
| Profit after taxes | € -176,300 | € -652,940 | € -894,699 | ▼ € 241,759 |
| Equity | € -136,300 | € -649,240 | € -1,543,939 | ▼ € 894,699 |
| Total debts | € 1,459,178 | € 2,250,384 | € 3,191,758 | ▲ 42% |
| Cash | € 695 | € 22,000 | € 19,778 | ▼ 10% |
| Land & buildings | € 17,093 | € 16,725 | € 15,789 | ▼ 6% |
| Retained profit | € -176,300 | € -829,240 | € -1,723,939 | ▼ € 894,699 |
| Bank debt | € 378,974 | € 1,438,652 | € 1,644,293 | ▲ 14% |
| Balance sheet total | € 1,322,877 | € 1,601,145 | € 1,647,819 | ▲ 3% |
| Employees (FTE) | 3 | - | 8.8 |
Key figures of E-RS Belgium, fiscal years 2023 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 E-RS Belgium?
What happened at E-RS Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 894,699. filed late Source: NBB ↗
- New establishment in Affligem. KBO
- Start of the company according to the CBE. KBO
In short
From € 176,300 loss in 2023 to € 894,699 loss in 2025.
Paid € 1,441 in corporate taxes since 2023.
On average € 10,800 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Schaapschuur 4 box 1
1790 Affligem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →PIMM Engineering
€ 960,184 gross margin · 2025
New Distribution Line
€ 504,266 gross margin · 2025
Inter@ctKiosks
€ -49,685 gross margin · 2025
TRENDY DEUREN
€ 93,442 gross margin · 2023
DB-M Cargo
€ 25,915 gross margin · 2024
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0786.788.279
- VAT number
- BE 0786.788.279
- Registered office
- Schaapschuur 4 bus 1, 1790 Affligem
- Names & denominations
- E-RS Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 2022
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Algemene elektrotechnische installatiewerken
Detailhandel in elektrische huishoudapparaten