ERARD
0424.446.462 · rovalta.com · 23/09/2026
ACTIVE
ERARD
Financial year 2025 · closed on 31/12/2025
Net result
182,2 k €
+116.9% YoY
Gross margin
1,8 M €
+5.5% YoY
Equity
2 M €
+10.3% YoY
Workforce
12,4 ETP
-3.1% YoY
Overview
What does ERARD do?
ERARD is a Public limited company incorporated in 1983. Its main activity is: Wholesale of other household goods. Its registered office is in Lokeren. It employs on average 12,4 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0424.446.462
Incorporation
31/08/1983
Legal form
Public limited company
Registered office
Stokkelaar 4
9160 Lokeren · FlandreSee on map
9160 Lokeren · FlandreSee on map
Contributed capital
658 241,00 €
Latest accounts
31/12/2025
Average workforce
12,4 ETP
Activities (NACE)
46499Wholesale of other household goods· main46499Wholesale of other household goods51478Air transport46150Agents involved in the sale of furniture, household goods, hardware and ironmongery46150Agents involved in the sale of furniture, household goods, hardware and ironmongery51150Passenger air transport
Joint committees (2)
- 116
- 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 1,8 M € | +5.5% | 1,7 M € | +3.6% | 1,6 M € | +9.6% | 1,5 M € | -24.9% | 2 M € | +23.0% | 1,6 M € | – | – | – | – | – | – | – | – | – | – | – | – | – | |||||||||||||
| EBITDA | 518,1 k € | +22.1% | 424,3 k € | -11.6% | 479,7 k € | +9.9% | 436,6 k € | -60.4% | 1,1 M € | +53.7% | 717,6 k € | +326% | 168,3 k € | +24.3% | 135,4 k € | +190% | -151 k € | -137% | 408,5 k € | +10.2% | 370,8 k € | -1.9% | 377,9 k € | +298% | 95 k € | -66.1% | 280 k € | +5.3% | 265,9 k € | +56.5% | 169,8 k € | -37.0% | 269,6 k € | -1.1% | 272,6 k € | -20.7% | 343,5 k € |
| Operating result | 388,2 k € | +35.8% | 285,8 k € | -16.6% | 342,6 k € | +4.4% | 328,2 k € | -68.4% | 1 M € | +46.8% | 708,6 k € | +331% | 164,4 k € | +24.2% | 132,3 k € | +186% | -154,1 k € | -142% | 366 k € | +12.6% | 325,1 k € | +0.7% | 322,9 k € | +1010% | 29,1 k € | -87.1% | 225 k € | +4.8% | 214,7 k € | +106% | 104,1 k € | -44.1% | 186,2 k € | +10.7% | 168,1 k € | -20.6% | 211,8 k € |
| Net result | 182,2 k € | +117% | 84 k € | +25.4% | 67 k € | -79.5% | 326,5 k € | -55.9% | 740,1 k € | +60.7% | 460,6 k € | +736% | 55,1 k € | +30.6% | 42,2 k € | -90.9% | 466 k € | +204% | 153,2 k € | +32.1% | 116 k € | -28.6% | 162,4 k € | +262% | -100,1 k € | -210% | 91 k € | -18.2% | 111,3 k € | +514% | -26,9 k € | -853% | 3,6 k € | +107% | -54,3 k € | -639% | 10,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 2 M € | +10.3% | 1,8 M € | +5.0% | 1,7 M € | +4.1% | 1,6 M € | +6.2% | 1,5 M € | +6.7% | 1,4 M € | +19.8% | 1,2 M € | +4.8% | 1,1 M € | -4.8% | 1,2 M € | -27.7% | 1,7 M € | +38.0% | 1,2 M € | +10.7% | 1,1 M € | +17.7% | 918,2 k € | -9.8% | 1 M € | +9.8% | 927,2 k € | +13.6% | 815,9 k € | -3.2% | 842,7 k € | +0.4% | 839,2 k € | -6.1% | 893,5 k € |
| Total assets | 4,7 M € | +0.1% | 4,7 M € | +16.6% | 4 M € | -19.4% | 5 M € | +6.3% | 4,7 M € | +39.7% | 3,4 M € | -35.1% | 5,2 M € | +6.3% | 4,9 M € | +2.1% | 4,8 M € | -28.7% | 6,7 M € | +18.1% | 5,7 M € | +0.2% | 5,7 M € | +20.8% | 4,7 M € | +8.5% | 4,3 M € | +6.2% | 4,1 M € | -2.4% | 4,2 M € | -7.9% | 4,6 M € | -19.7% | 5,7 M € | +11.4% | 5,1 M € |
| Cash | 26,4 k € | -53.2% | 56,5 k € | +243% | 16,5 k € | +50.1% | 11 k € | -92.5% | 147,1 k € | +2.8% | 143,1 k € | +216% | 45,3 k € | -14.7% | 53,1 k € | +8.6% | 48,9 k € | +57.6% | 31 k € | -58.5% | 74,7 k € | -23.1% | 97,2 k € | -38.2% | 157,3 k € | +107% | 76 k € | +93.8% | 39,2 k € | -83.9% | 243 k € | +378% | 50,8 k € | -75.3% | 205,5 k € | -28.9% | 289,1 k € |
| Debts | 2,8 M € | -6.1% | 3 M € | +24.8% | 2,4 M € | -30.6% | 3,4 M € | +6.4% | 3,2 M € | +63.7% | 2 M € | -51.3% | 4 M € | +6.8% | 3,8 M € | +4.7% | 3,6 M € | -26.9% | 4,9 M € | +9.3% | 4,5 M € | -2.2% | 4,6 M € | +21.6% | 3,8 M € | +14.2% | 3,3 M € | +5.1% | 3,2 M € | -6.1% | 3,4 M € | -9.3% | 3,7 M € | -21.5% | 4,7 M € | +14.9% | 4,1 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 12,4 ETP | -3.1% | 12,8 ETP | +1.6% | 12,6 ETP | +7.7% | 11,7 ETP | +8.3% | 10,8 ETP | +1.9% | 10,6 ETP | +14.0% | 9,3 ETP | -5.1% | 9,8 ETP | +8.9% | 9,0 ETP | +2.3% | 8,8 ETP | -5.4% | 9,3 ETP | 0.0% | 9,3 ETP | -13.1% | 10,7 ETP | +2.9% | 10,4 ETP | -13.3% | 12,0 ETP | -6.3% | 12,8 ETP | -20.5% | 16,1 ETP | -6.9% | 17,3 ETP | -14.8% | 20,3 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 37 ended
Active mandates
Active
Harold VANDEN AVENNE
ActiveEnded mandates
Karel MOORTGAT
EndedKarel MOORTGAT
EndedBruno MERTENS
EndedBruno MERTENS
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
Con-TenT● Active | 0651.661.044 |
DISTRIFUND● Active | 0477.920.978 |
ERIMBTW● Active | 1001.353.467 |
Fondation Jef Geeraerts● Active | 0521.910.973 |
FRAJODIS● Active | 0445.825.658 |
IMER● Active | 0678.360.887 |
Financials
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 | 08/06/2026 | 02/06/2025 | 25/06/2024 | 29/06/2023 | 02/06/2022 | 01/06/2021 |
| General meeting | 27/05/2026 | 28/05/2025 | 29/05/2024 | 31/05/2023 | 25/05/2022 | 26/05/2021 |
| 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
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 27/05/2026 | 08/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 28/05/2025 | 02/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 29/05/2024 | 25/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 31/05/2023 | 29/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 25/05/2022 | 02/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 26/05/2021 | 01/06/2021 | Dutch | |
| Full model | 31/12/2019 | 27/05/2020 | 26/06/2020 | Dutch | |
| Full model | 31/12/2018 | 29/05/2019 | 28/06/2019 | Dutch | |
| Full model | 31/12/2017 | 30/05/2018 | 13/06/2018 | Dutch | |
| Full model | 31/03/2016 | 23/06/2016 | 23/06/2016 | Dutch | |
| Full model | 31/03/2015 | 17/06/2015 | 24/06/2015 | Dutch | |
| Full model | 31/03/2014 | 05/09/2014 | 23/09/2014 | Dutch | |
| Full model | 31/03/2013 | 06/09/2013 | 04/10/2013 | Dutch | |
| Full model | 31/03/2012 | 18/06/2012 | 27/06/2012 | Dutch | |
| Full model | 31/03/2011 | 22/06/2011 | 24/06/2011 | Dutch | |
| Full model | 31/03/2010 | 06/09/2010 | 22/09/2010 | Dutch | |
| Full model | 31/03/2009 | 07/09/2009 | 05/10/2009 | Dutch | |
| Full model | 31/03/2008 | 06/09/2008 | 08/09/2008 | Dutch | |
| Full model | 31/03/2007 | 06/09/2007 | 18/09/2007 | Dutch |
Valuation
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.
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 · 2 active · 37 ended
Active mandates
Active
Harold VANDEN AVENNE
ActiveEnded mandates
Karel MOORTGAT
EndedKarel MOORTGAT
EndedBruno MERTENS
EndedBruno MERTENS
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates26/11/2024ONTSLAGEN - BENOEMINGEN
- Mandates19/07/2022MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates18/06/2021ONTSLAGEN - BENOEMINGEN
- Other04/12/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
- Mandates11/07/2019ONTSLAGEN - BENOEMINGEN
- Other24/04/2017ALGEMENE VERGADERING - BOEKJAAR
- Mandates14/07/2016ONTSLAGEN - BENOEMINGEN
- Mandates08/07/2015ONTSLAGEN - BENOEMINGEN
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 2025182,2 k €↑
- 2024Annual accounts 202484 k €↑
- 2023Annual accounts 202367 k €↓
- 2022Annual accounts 2022326,5 k €↓
- 2021Annual accounts 2021740,1 k €↑
- 2020Annual accounts 2020460,6 k €↑
- 2019Annual accounts 201955,1 k €↑
- 2018Annual accounts 201842,2 k €↓
- 2017Annual accounts 2017466 k €↑
- 2016Annual accounts 2016153,2 k €↑
- 2015Annual accounts 2015116 k €↓
- 2014Annual accounts 2014162,4 k €↑
- 2013Annual accounts 2013-100,1 k €↓
- 2012Annual accounts 201291 k €↓
- 2011Annual accounts 2011111,3 k €↑
- 2010Annual accounts 2010-26,9 k €↓
- 2009Annual accounts 20093,6 k €↑
- 2008Annual accounts 2008-54,3 k €↓
- 2007Annual accounts 200710,1 k €
- 31/08/1983IncorporationPublic limited company