Erca
0404.028.655 · rovalta.com · 21/09/2026
ACTIVE
Erca
Financial year 2025 · closed on 31/12/2025
Net result
-12,2 k €
+61.7% YoY
Gross margin
40,3 k €
+96.3% YoY
Equity
109,3 k €
-10.1% YoY
Overview
What does Erca do?
Erca is a Private limited company incorporated in 1968. Its registered office is in Westerlo.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0404.028.655
Incorporation
01/01/1968
Legal form
Private limited company
Registered office
Moleneinde 28
2260 Westerlo · FlandreSee on map
2260 Westerlo · FlandreSee on map
Contributed capital
70 153,87 €
Latest accounts
31/12/2025
Joint committees (4)
- 124
- 14904
- 200
- 218
Signals
Solid equityGood liquidityHealthy social debts
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 40,3 k € | +96.3% | 20,5 k € | -65.4% | 59,4 k € | +0.3% | 59,2 k € | -17.4% | 71,7 k € | +9.2% | 65,6 k € | -32.5% | 97,2 k € | +1.0% | 96,2 k € | +35.2% | 71,1 k € | +46.8% | 48,4 k € | +108% | 23,3 k € | -18.0% | 28,4 k € | +138% | 11,9 k € | -73.7% | 45,4 k € | -8.5% | 49,6 k € | +6.9% | 46,4 k € | -1.1% | 46,9 k € | +62.4% | 28,9 k € | -33.6% | 43,5 k € | -17.5% | 52,7 k € |
| EBITDA | -4,7 k € | +77.0% | -20,6 k € | -592% | 4,2 k € | +172% | -5,8 k € | -137% | 16,0 k € | +37.8% | 11,6 k € | -69.7% | 38,3 k € | +0.1% | 38,3 k € | +206% | 12,5 k € | +266% | -7,5 k € | +28.4% | -10,5 k € | -89.0% | -5,6 k € | +74.6% | -21,9 k € | -240% | 15,7 k € | +28.4% | 12,2 k € | -26.6% | 16,6 k € | +59.9% | 10,4 k € | +139% | 4,4 k € | -45.4% | 8,0 k € | +105% | 3,9 k € |
| Operating result | -10,4 k € | +64.8% | -29,7 k € | -700% | -3,7 k € | +72.2% | -13,4 k € | -262% | 8,2 k € | +25.5% | 6,5 k € | -82.4% | 37,3 k € | -0.4% | 37,4 k € | +221% | 11,7 k € | +251% | -7,7 k € | +27.7% | -10,7 k € | -86.2% | -5,7 k € | +74.3% | -22,3 k € | -245% | 15,4 k € | +98.8% | 7,8 k € | -37.1% | 12,4 k € | +102% | 6,1 k € | +2351631% | -0,3 € | -100% | 3,4 k € | +142% | 1,4 k € |
| Net result | -12,2 k € | +61.7% | -31,9 k € | -417% | -6,2 k € | +61.6% | -16,1 k € | -414% | 5,1 k € | +16.9% | 4,4 k € | -85.5% | 30,2 k € | -14.1% | 35,2 k € | +303% | 8,7 k € | +185% | -10,3 k € | +36.0% | -16,0 k € | -112% | -7,6 k € | +68.9% | -24,3 k € | -285% | 13,1 k € | +128% | 5,8 k € | -42.2% | 10,0 k € | +48.1% | 6,7 k € | +493% | -1,7 k € | -169% | 2,5 k € | +154% | 975,0 € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 109,3 k € | -10.1% | 121,5 k € | -20.8% | 153,4 k € | -3.9% | 159,6 k € | -9.2% | 175,7 k € | +3.0% | 170,6 k € | +2.6% | 166,2 k € | +22.2% | 136,0 k € | +34.9% | 100,8 k € | +9.5% | 92,0 k € | -10.0% | 102,3 k € | -13.5% | 118,3 k € | -6.0% | 125,9 k € | -16.2% | 150,2 k € | +9.6% | 137,1 k € | +4.4% | 131,3 k € | +8.2% | 121,4 k € | +5.9% | 114,6 k € | -1.5% | 116,3 k € | +2.2% | 113,9 k € |
| Total assets | 338,0 k € | -3.1% | 348,8 k € | -9.8% | 386,8 k € | +0.4% | 385,1 k € | -0.9% | 388,4 k € | +3.9% | 373,8 k € | +11.1% | 336,3 k € | +5.8% | 317,9 k € | -1.3% | 322,1 k € | +19.6% | 269,2 k € | -5.2% | 284,1 k € | -4.5% | 297,5 k € | -14.9% | 349,6 k € | +0.6% | 347,6 k € | -1.9% | 354,3 k € | +1.3% | 349,7 k € | +15.1% | 303,7 k € | +23.3% | 246,4 k € | +16.4% | 211,6 k € | +18.0% | 179,3 k € |
| Cash | 7,1 k € | -65.9% | 20,7 k € | +30.0% | 15,9 k € | +5.1% | 15,1 k € | +34.8% | 11,2 k € | -20.6% | 14,2 k € | -34.6% | 21,6 k € | +152% | 8,6 k € | +285% | 2,2 k € | -15.8% | 2,7 k € | +28.8% | 2,1 k € | -76.4% | 8,7 k € | +76.6% | 4,9 k € | -55.7% | 11,1 k € | +204% | 3,7 k € | -79.7% | 18,1 k € | +325% | 4,2 k € | +45.6% | 2,9 k € | -84.8% | 19,3 k € | +28.7% | 15,0 k € |
| Debts | 228,7 k € | +0.6% | 227,3 k € | -2.6% | 233,3 k € | +3.5% | 225,5 k € | +6.0% | 212,7 k € | +4.7% | 203,1 k € | +19.4% | 170,1 k € | -6.5% | 181,9 k € | -17.8% | 221,3 k € | +24.9% | 177,2 k € | -2.5% | 181,8 k € | +1.5% | 179,1 k € | -19.9% | 223,7 k € | +13.4% | 197,4 k € | -9.1% | 217,2 k € | -0.5% | 218,4 k € | +19.8% | 182,3 k € | +38.9% | 131,3 k € | +37.8% | 95,3 k € | +45.7% | 65,4 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | 0,8 ETP | 0.0% | 0,8 ETP | 0.0% | 0,8 ETP | 0.0% | 0,8 ETP | -11.1% | 0,9 ETP | +12.5% | 0,8 ETP | -11.1% | 0,9 ETP | -10.0% | 1,0 ETP | -9.1% | 1,1 ETP | -26.7% | 1,5 ETP | ||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 1 ended
Active mandates
Geert Vervekken
ActiveEnded mandates
Geert Vervekken
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
SANIHEATING● Active | 0475.332.959 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 28/08/2026 | 28/08/2025 | 28/06/2024 | 31/08/2023 | 31/08/2022 | 12/08/2021 |
| General meeting | 04/06/2026 | 05/06/2025 | 06/06/2024 | 01/06/2023 | 02/06/2022 | 03/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 04/06/2026 | 28/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 05/06/2025 | 28/08/2025 | Dutch | |
| Micro model | 31/12/2023 | 06/06/2024 | 28/06/2024 | Dutch | |
| Micro model | 31/12/2022 | 01/06/2023 | 31/08/2023 | Dutch | |
| Micro model | 31/12/2021 | 02/06/2022 | 31/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 03/06/2021 | 12/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 04/06/2020 | 30/10/2020 | Dutch | |
| Micro model | 31/12/2018 | 06/06/2019 | 31/07/2019 | Dutch | |
| Micro model | 31/12/2017 | 07/06/2018 | 29/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 01/06/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 02/06/2016 | 31/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 04/05/2015 | 30/09/2015 | Dutch | |
| Abridged model | 31/12/2013 | 05/06/2014 | 07/11/2014 | Dutch | |
| Abridged model | 31/12/2012 | 06/06/2013 | 30/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 07/06/2012 | 31/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 02/06/2011 | 31/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 03/06/2010 | 31/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 04/06/2009 | 31/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 05/06/2008 | 24/09/2008 | Dutch | |
| Abridged model | 31/12/2006 | 07/06/2007 | 30/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 k€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 1 ended
Active mandates
Geert Vervekken
ActiveEnded mandates
Geert Vervekken
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates27/12/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Registered office16/01/2023MAATSCHAPPELIJKE ZETEL
- Mandates14/03/2007ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-12,2 k €↑
- 2024Annual accounts 2024-31,9 k €↓
- 2023Annual accounts 2023-6,2 k €↑
- 2022Annual accounts 2022-16,1 k €↓
- 2021Annual accounts 20215,1 k €↑
- 2020Annual accounts 20204,4 k €↓
- 2019Annual accounts 201930,2 k €↓
- 2018Annual accounts 201835,2 k €↑
- 2017Annual accounts 20178,7 k €↑
- 2016Annual accounts 2016-10,3 k €↑
- 2015Annual accounts 2015-16,0 k €↓
- 2014Annual accounts 2014-7,6 k €↑
- 2013Annual accounts 2013-24,3 k €↓
- 2012Annual accounts 201213,1 k €↑
- 2011Annual accounts 20115,8 k €↓
- 2010Annual accounts 201010,0 k €↑
- 2009Annual accounts 20096,7 k €↑
- 2008Annual accounts 2008-1,7 k €↓
- 2007Annual accounts 20072,5 k €↑
- 2006Annual accounts 2006975,0 €
- 01/01/1968IncorporationPrivate limited company