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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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
ERASMUS-CAPITAL from Oudenaarde, company number BE0865471612, closed financial year 2025 with a result of € 12,537 after tax. For that financial year ERASMUS-CAPITAL recorded a gross margin of € 8,309 and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 2.4 million to € 12,537. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 21, 2026.
€ 3.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,537
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 67,246
▼ 10% 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 € 3.6 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 31,628
▼ 28% 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.
€ 1,089
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 227,543
▼ 8% vs 2024
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 | € 112,571 | € 169,217 | € 43,249 | € 8,309 | ▼ 81% |
| Profit after taxes | € 76,713 | € 201,316 | € 2,366,227 | € 12,537 | ▼ 99% |
| Equity | € 1,078,810 | € 1,280,125 | € 3,646,352 | € 3,658,889 | |
| Total debts | € 18,408 | € 34,485 | € 252,722 | € 233,598 | ▼ 8% |
| Cash | € 126,737 | € 305,131 | € 74,985 | € 67,246 | ▼ 10% |
| Retained profit | € 1,017,310 | € 1,218,625 | € 3,584,852 | € 3,597,389 | |
| Balance sheet total | € 1,097,217 | € 1,314,610 | € 3,899,074 | € 3,892,487 |
Key figures of ERASMUS-CAPITAL, 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 ERASMUS-CAPITAL?
What happened at ERASMUS-CAPITAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- KARL OTTEVAERE stepped down as director. NBB
- VERA DE RAEDT stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- KARL OTTEVAERE became a director. NBB
- VERA DE RAEDT became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Oudenaarde. KBO
In short
From € 76,713 profit in 2022 to € 12,537 profit in 2025.
Paid € 372,231 in corporate taxes since 2022.
Best year ever: 2024, with € 2.4 million profit.
Management
Directors
According to the 2025 annual accounts
KARL OTTEVAERE
Managing director
Also active at: Provinciaal Middenstandssecretariaat Oost-Vlaanderen, Dienstencentrum Vlaamse Ardennen, RiskConcile
since 2023 · until 2029
VERA DE RAEDT
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Koppenberg 5
9700 Oudenaarde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0865.471.612
- VAT number
- BE 0865.471.612
- Registered office
- Koppenberg 5, 9700 Oudenaarde
- Names & denominations
- ERASMUS-CAPITAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 May 2004
- Peppol
- Active · Active since 26 Jan 2026
- Activities · NACE
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