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 3 of the last 3 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 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ERMA & Co from Zottegem, company number BE0798575561, closed financial year 2025 with a result of € -25,448 after tax. For that financial year ERMA & Co recorded a gross margin of € -23,573 and equity of € -74,814. Compared with financial year 2024, the result moved from € -18,972 to € -25,448. 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 August 28, 2026.
€ -74,814
▼ € 25,448 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,448
▼ 34 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,364
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -75,014.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,368
▼ 1% 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.
€ 1,381
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -27,806 | € -17,899 | € -23,573 | ▼ € 5,674 |
| Profit after taxes | € -30,594 | € -18,972 | € -25,448 | ▼ € 6,476 |
| Equity | € -30,394 | € -49,366 | € -74,814 | ▼ € 25,448 |
| Total debts | € 43,512 | € 63,688 | € 88,582 | ▲ 39% |
| Cash | € 7,258 | € 5,644 | € 4,364 | ▼ 23% |
| Retained profit | € -30,594 | € -49,566 | € -75,014 | ▼ € 25,448 |
| Balance sheet total | € 13,118 | € 14,322 | € 13,768 | ▼ 4% |
Key figures of ERMA & Co, 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 ERMA & Co?
What happened at ERMA & Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 25,448. filed late Source: NBB ↗
- New establishment in Zottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,594 loss in 2023 to € 25,448 loss in 2025.
Management
Behind ERMA & Co is SVETLANA ERMAKOVA.
Directors
According to the 2025 annual accounts
SVETLANA ERMAKOVA
Director
Establishments
Establishment units
Physical locations of this company
Buke 90
9620 Zottegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0798.575.561
- VAT number
- BE 0798.575.561
- Registered office
- Buke 90, 9620 Zottegem
- Names & denominations
- ERMA & Co
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 February 2023
- Peppol
- Active · Active since 14 Jan 2026
- Activities · NACE
Detailhandel in cultuur- en recreatieartikelen, neg
Detailhandel in nieuwe kunstvoorwerpen in gespecialiseerde winkels
Scheppende kunsten, m.u.v. ondersteunende diensten
Groothandel in uurwerken en sieraden
Literaire creatie
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten
Overige zakelijke dienstverlening, neg