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.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
37 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ERCO from Antwerpen, company number BE0802973126, closed financial year 2025 with a result of € -3,605 after tax. For that financial year ERCO recorded a gross margin of € -487 and equity of € 16,821. Compared with financial year 2024, the result moved from € -9,574 to € -3,605. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 16,821
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,605
▲ 62 % less loss than in 2024
Profit after tax over the fiscal year.
€ 15,763
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -13,179.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -8,270 | € -487 | ▲ € 7,783 |
| Profit after taxes | € -9,574 | € -3,605 | ▲ € 5,969 |
| Equity | € 20,426 | € 16,821 | ▼ 18% |
| Total debts | € 81,626 | € 75,445 | ▼ 8% |
| Cash | € 24,977 | € 15,763 | ▼ 37% |
| Retained profit | € -9,574 | € -13,179 | ▼ € 3,605 |
| Balance sheet total | € 102,052 | € 92,266 | ▼ 10% |
Key figures of ERCO, fiscal years 2024 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 ERCO?
What happened at ERCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,605. Source: NBB ↗
- Gbusy BV stepped down as director. NBB
- Ership stepped down as director. NBB
- JFB BV stepped down as director. NBB
- Alvargonzalez SA stepped down as director. NBB
- Start of the company according to the CBE. KBO
- Gbusy BV became a director. NBB
- Ership became a director. NBB
In short
From € 9,574 loss in 2024 to € 3,605 loss in 2025.
A new publication or filing at ERCO? We notify you, reason included.
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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
The shares are held by Ership (50%) and Conti-Invest NV (50%). It owns 50% of Jambaar Holding itself.
Directors
According to the 2025 annual accounts
Director · represented by Grégory Brion
Also active at: Conti-Lines Group, CONTI-LINES, Conti-Lines Coastal, Conti Invest, ANTWERP RAILHOUSE, Conti Barge Invest, Conti Seafrigo Antwerp
since 2023 · until 2026
Ership
Director · represented by Gimeno Jaime Alvargonzalez
since 2023 · until 2026
Director · represented by Jean Frédéric Brion
Also active at: Conti-Lines Group, CONTI-LINES, Conti-Lines Coastal, Conti Invest, ANTWERP RAILHOUSE, Conti Barge Invest, Conti Seafrigo Antwerp, Conti-Lines Shipping
since 2023 · until 2026
Director · represented by Pascual Jorge Alvargonzalez
since 2023 · until 2026
Shareholders
Ership
50%
50%
Participations
Jambaar Holding
50%
Establishments
Establishment units
Physical locations of this company
Sneeuwbeslaan 14
2610 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 37 companies are registered at this address.
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€ 249.1 million revenue · 2024
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€ 9.7 million revenue · 2024
+32 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
- 0802.973.126
- VAT number
- BE 0802.973.126
- Registered office
- Sneeuwbeslaan 14, 2610 Antwerpen
- Names & denominations
- ERCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 2023
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
Activiteiten van holdings
Holdings
Goederenvervoer over zee- en kustwateren
Diensten in verband met vervoer over water