ACTIVE

Erogal

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

53,5 k €

-47.6% YoY

Gross margin

2,6 M €

+6.7% YoY

Equity

2,1 M €

+2.6% YoY

Workforce

33,8 ETP

+0.3% YoY

What does Erogal do?

Erogal is a Public limited company incorporated in 1969. Its registered office is in Staden. It employs on average 33,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0406.886.492

Incorporation

01/05/1969

Legal form

Public limited company

Registered office

Spanjestraat(ONK) 87
8840 Staden · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

33,8 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,6 M €	+6.7%	2,4 M €	-1.0%	2,5 M €	+18.4%	2,1 M €	-17.4%	2,5 M €	+40.7%	1,8 M €	-4.9%	1,9 M €	+1.0%	1,9 M €	+1.5%	1,8 M €	+6.5%	1,7 M €	+18.4%	1,5 M €	+5.2%	1,4 M €	-24.7%	1,8 M €	+39.0%	1,3 M €	+43.9%	918 k €	-36.3%	1,4 M €	+6.8%	1,3 M €	+7.8%	1,3 M €
EBITDA	518,3 k €	+22.7%	422,5 k €	-18.9%	520,9 k €	+69.2%	307,8 k €	-65.0%	879,6 k €	+105%	429,8 k €	-24.5%	569,2 k €	+12.0%	508 k €	+11.2%	456,9 k €	-6.3%	487,7 k €	+1.7%	479,7 k €	+82.2%	263,3 k €	-43.1%	463,1 k €	+35.2%	342,4 k €	+266%	93,6 k €	-81.2%	496,5 k €	+19.0%	417,2 k €	+19.8%	348,3 k €
Operating result	140,2 k €	+133%	60,3 k €	-66.3%	179,1 k €	+2602%	6,6 k €	-98.9%	626,1 k €	+172%	230,1 k €	-36.3%	361 k €	+31.5%	274,5 k €	+36.8%	200,7 k €	+20.6%	166,4 k €	-40.2%	278,4 k €	+208%	90,5 k €	-68.7%	289,1 k €	+116%	133,8 k €	+486%	-34,6 k €	-112%	285,4 k €	+43.0%	199,5 k €	+62.9%	122,5 k €
Net result	53,5 k €	-47.6%	102 k €	-64.5%	287,5 k €	+376%	60,4 k €	-87.1%	468,4 k €	+263%	128,9 k €	-25.2%	172,3 k €	+136%	73,1 k €	-3.9%	76,1 k €	-14.7%	89,3 k €	-54.1%	194,3 k €	+247%	56 k €	-72.1%	200,5 k €	+75.9%	114 k €	+256%	-73,2 k €	-170%	104,4 k €	-34.4%	159,2 k €	+14.6%	139 k €
Balance sheet
Equity	2,1 M €	+2.6%	2 M €	-3.5%	2,1 M €	+2.8%	2,1 M €	-5.2%	2,2 M €	+54.0%	1,4 M €	+10.1%	1,3 M €	+15.5%	1,1 M €	+7.1%	1 M €	+7.9%	959,2 k €	+10.3%	870 k €	-41.0%	1,5 M €	+3.9%	1,4 M €	+3.7%	1,4 M €	-1.4%	1,4 M €	-5.0%	1,5 M €	+7.7%	1,4 M €	+13.3%	1,2 M €
Total assets	6,1 M €	+2.6%	6 M €	-7.6%	6,5 M €	+3.0%	6,3 M €	-2.6%	6,5 M €	+57.8%	4,1 M €	-3.8%	4,3 M €	+3.1%	4,1 M €	-0.4%	4,1 M €	-3.0%	4,3 M €	+25.4%	3,4 M €	-2.7%	3,5 M €	-4.9%	3,7 M €	+3.0%	3,6 M €	+2.8%	3,5 M €	+13.5%	3,1 M €	-9.9%	3,4 M €	+2.7%	3,3 M €
Cash	396,3 k €	+161%	151,7 k €	-56.3%	347 k €	+100%	173,4 k €	-64.0%	481,7 k €	+29.3%	372,7 k €	+4.1%	358 k €	+24.4%	287,8 k €	+38.6%	207,7 k €	-27.0%	284,5 k €	-46.7%	534 k €	-2.0%	544,8 k €	-19.6%	678 k €	+26.2%	537,1 k €	-47.4%	1 M €	+44.6%	706,8 k €	-32.4%	1 M €	+262%	288,5 k €
Debts	4 M €	+2.6%	3,9 M €	-9.6%	4,4 M €	+3.3%	4,2 M €	-0.9%	4,3 M €	+64.5%	2,6 M €	-9.9%	2,9 M €	-1.2%	2,9 M €	-2.9%	3 M €	-6.3%	3,2 M €	+32.4%	2,4 M €	+37.4%	1,8 M €	-11.8%	2 M €	-8.0%	2,2 M €	+7.3%	2 M €	+32.7%	1,5 M €	-22.7%	2 M €	-3.2%	2 M €
Other
Workforce	33,8 ETP	+0.3%	33,7 ETP	-2.9%	34,7 ETP	+4.8%	33,1 ETP	+6.1%	31,2 ETP	+3.7%	30,1 ETP	+2.4%	29,4 ETP	-3.0%	30,3 ETP	-0.3%	30,4 ETP	+0.7%	30,2 ETP	+6.3%	28,4 ETP	+3.3%	27,5 ETP	+5.4%	26,1 ETP	+12.0%	23,3 ETP	-0.9%	23,5 ETP	+7.8%	21,8 ETP	-4.0%	22,7 ETP	-4.6%	23,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 11 ended

Active mandates

K.E. Invest

Director · 0787.712.353

Represented by Kristof Eeckhout

Active

P.E. Invest

Director · 0787.601.297

Represented by Philip Eeckhout

Active

Ended mandates

K.E. Invest

Director · since 01 juillet 2022 · 0787.712.353

Represented by Kristof Eeckhout

Ended

P.E. Invest

Director · since 01 juillet 2022 · 0787.601.297

Represented by Philip Eeckhout

Ended

Kristof Eeckhout

Director · since 10 juin 2017 · until 10 juin 2023

Ended

Marnick Eeckhout

Managing director · since 10 juin 2017 · until 31 mars 2019

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	16/07/2026	02/07/2025	05/07/2024	18/07/2023	06/07/2022	04/08/2021
General meeting	30/06/2026	14/06/2025	08/06/2024	30/06/2023	11/06/2022	30/06/2021
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 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	16/07/2026	Dutch	PDF
Abridged model	31/12/2024	14/06/2025	02/07/2025	Dutch	PDF
Abridged model	31/12/2023	08/06/2024	05/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	18/07/2023	Dutch	PDF
Abridged model	31/12/2021	11/06/2022	06/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	04/08/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	16/07/2020	Dutch	PDF
Abridged model	31/12/2018	08/06/2019	11/06/2019	Dutch	PDF
Abridged model	31/12/2017	09/06/2018	11/07/2018	Dutch	PDF
Abridged model	31/12/2016	10/06/2017	22/06/2017	Dutch	PDF
Abridged model	31/12/2015	11/06/2016	12/07/2016	Dutch	PDF
Abridged model	31/12/2014	13/06/2015	10/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	16/07/2014	Dutch	PDF
Abridged model	31/12/2012	08/06/2013	17/06/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	17/07/2012	Dutch	PDF
Abridged model	31/12/2010	11/06/2011	06/07/2011	Dutch	PDF
Abridged model	31/12/2009	12/06/2010	01/07/2010	Dutch	PDF
Abridged model	31/12/2008	13/06/2009	24/06/2009	Dutch	PDF
Abridged model	31/12/2007	14/06/2008	03/07/2008	Dutch	PDF
Abridged model	31/12/2006	09/06/2007	06/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 11 ended

Active mandates

K.E. Invest

Director · 0787.712.353

Represented by Kristof Eeckhout

Active

P.E. Invest

Director · 0787.601.297

Represented by Philip Eeckhout

Active

Ended mandates

K.E. Invest

Director · since 01 juillet 2022 · 0787.712.353

Represented by Kristof Eeckhout

Ended

P.E. Invest

Director · since 01 juillet 2022 · 0787.601.297

Represented by Philip Eeckhout

Ended

Kristof Eeckhout

Director · since 10 juin 2017 · until 10 juin 2023

Ended

Marnick Eeckhout

Managing director · since 10 juin 2017 · until 31 mars 2019

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other13/03/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates08/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/12/2005
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/06/2003
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202553,5 k €↓
2024
Annual accounts 2024102 k €↓
2023
Annual accounts 2023287,5 k €↑
2022
Annual accounts 202260,4 k €↓
2021
Annual accounts 2021468,4 k €↑
2018
Annual accounts 2018128,9 k €↓
2017
Annual accounts 2017172,3 k €↑
2016
Annual accounts 201673,1 k €↓
2015
Annual accounts 201576,1 k €↓
2014
Annual accounts 201489,3 k €↓
2013
Annual accounts 2013194,3 k €↑
2012
Annual accounts 201256 k €↓
2011
Annual accounts 2011200,5 k €↑
2010
Annual accounts 2010114 k €↑
2009
Annual accounts 2009-73,2 k €↓
2008
Annual accounts 2008104,4 k €↓
2007
Annual accounts 2007159,2 k €↑
2006
Annual accounts 2006139 k €
01/05/1969
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Erogal

Overview

What does Erogal do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline