ACTIVE

ERDO

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Financial year 2025 · closed on 31/12/2025

Net result

-443,5 k €

-2566.4% YoY

Gross margin

453,7 k €

-41.8% YoY

Equity

-199,9 k €

-179.9% YoY

Workforce

7,8 ETP

What does ERDO do?

ERDO is a Private limited company incorporated in 1991. Its registered office is in Bruxelles. It employs on average 7,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.217.636

Incorporation

21/05/1991

Legal form

Private limited company

Registered office

Place du Petit Sablon 1
1000 Bruxelles · BruxellesSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

7,8 ETP

Joint committees (1)

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2010		2009		2008		2007		2006
Income statement
Gross margin	453,7 k €	-41.8%	779 k €	+83.0%	425,7 k €	-4.2%	444,2 k €	+56.3%	284,2 k €	+16.8%	243,3 k €	-48.0%	468,2 k €	-2.5%	480 k €	+31.8%	364,1 k €	-18.9%	449 k €	+64.8%	272,5 k €	+8.3%	251,7 k €	-6.5%	269,1 k €	-8.8%	295 k €	+21.9%	242 k €	+5.1%	230,3 k €	-0.3%	231 k €	+39.1%	166 k €
EBITDA	-176,1 k €	-161%	290,2 k €	+65.5%	175,3 k €	+17.6%	149,1 k €	-0.5%	149,9 k €	-5.7%	158,9 k €	-23.8%	208,6 k €	+22.2%	170,6 k €	+7.4%	158,8 k €	-31.7%	232,6 k €	+249%	66,7 k €	-13.5%	77,1 k €	+23.0%	62,6 k €	-20.5%	78,8 k €	+869%	-10,2 k €	-121%	48,5 k €	-23.0%	63 k €	+297%	15,9 k €
Operating result	-408,2 k €	-1212%	36,7 k €	+224%	11,3 k €	-74.3%	44,1 k €	-7.2%	47,5 k €	-19.8%	59,2 k €	-21.9%	75,8 k €	+39.7%	54,3 k €	+39.8%	38,8 k €	-66.5%	115,8 k €	+261%	-71,9 k €	-270%	42,2 k €	+72.8%	24,4 k €	-46.2%	45,5 k €	+199%	-46,1 k €	-461%	12,8 k €	-57.4%	30 k €	+349%	-12 k €
Net result	-443,5 k €	-2566%	18 k €	+2641%	655,9 €	-98.4%	41 k €	-11.5%	46,3 k €	-13.6%	53,6 k €	-0.3%	53,8 k €	+123%	24,1 k €	+194%	8,2 k €	-86.3%	60 k €	+151%	-116,8 k €	-3583%	3,4 k €	-14.5%	3,9 k €	-71.5%	13,8 k €	+127%	-50,8 k €	-1533%	3,5 k €	-78.2%	16,3 k €	+212%	-14,5 k €
Balance sheet
Equity	-199,9 k €	-180%	250,1 k €	+8.0%	231,6 k €	+1.2%	228,8 k €	+14.0%	200,8 k €	+19.9%	167,4 k €	+6.8%	156,8 k €	+5.8%	148,2 k €	+6.9%	138,7 k €	+15.4%	120,1 k €	+21.7%	98,7 k €	-22.6%	127,5 k €	+2.7%	124,1 k €	+111%	58,9 k €	+30.5%	45,1 k €	-53.0%	96 k €	+3.8%	92,4 k €	+21.4%	76,1 k €
Total assets	944,9 k €	-23.9%	1,2 M €	+10.3%	1,1 M €	+110%	535,9 k €	+5.5%	507,8 k €	-9.2%	559,4 k €	-9.1%	615,3 k €	-12.5%	702,8 k €	-12.1%	799,2 k €	-15.2%	942 k €	-17.0%	1,1 M €	+70.1%	667,3 k €	+66.5%	400,7 k €	+83.0%	219 k €	+3.5%	211,6 k €	+5.1%	201,4 k €	+7.6%	187,2 k €	-2.2%	191,4 k €
Cash	17,7 k €	+362%	3,8 k €	-87.8%	31,4 k €	-68.8%	100,8 k €	+49.5%	67,4 k €	+98.7%	33,9 k €	+58.7%	21,4 k €	+56.1%	13,7 k €	+4.5%	13,1 k €	-77.5%	58,1 k €	+267%	15,8 k €	-91.8%	192,5 k €	+1284%	13,9 k €	-39.7%	23,1 k €	-6.1%	24,6 k €	+422%	4,7 k €	-14.5%	5,5 k €	+18.0%	4,7 k €
Debts	1,1 M €	+14.5%	990,7 k €	+10.8%	893,8 k €	+191%	307,1 k €	+0.0%	307,1 k €	-21.7%	391,9 k €	-14.5%	458,5 k €	-16.8%	550,8 k €	-16.5%	659,7 k €	-19.7%	821,8 k €	-20.3%	1 M €	+91.3%	538,7 k €	+94.8%	276,6 k €	+72.8%	160,1 k €	-3.8%	166,4 k €	+57.9%	105,4 k €	+11.2%	94,7 k €	-17.8%	115,3 k €
Other
Workforce	7,8 ETP		–		–		–		–		–		–		–		–		7,3 ETP	+2.8%	7,1 ETP	+47.9%	4,8 ETP	-9.4%	5,3 ETP	-3.6%	5,5 ETP	-6.8%	5,9 ETP	+9.3%	5,4 ETP	+12.5%	4,8 ETP	0.0%	4,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Giovanni BRUNO

Director · since 18 septembre 2013

Active

Ended mandates

Giovanni BRUNO

Manager · since 18 septembre 2013

Ended

Giovanni BRUNO

Mandate

Ended

Nadia Bruno

Manager

Ended

NADIA BRUNO

Director

Ended

At this address

Other companies at this address

Company	CBE no.
En Provence● Liquidation	0402.880.095

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	28/08/2026	27/08/2025	24/12/2024	04/10/2023	04/08/2022	01/07/2021
General meeting	30/05/2026	04/08/2025	13/12/2024	10/09/2023	28/05/2022	29/05/2021
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

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/05/2026	28/08/2026	French	PDF
Abridged model	31/12/2024	04/08/2025	27/08/2025	French	PDF
Abridged model	31/12/2023	13/12/2024	24/12/2024	French	PDF
Abridged model	31/12/2022	10/09/2023	04/10/2023	French	PDF
Abridged model	31/12/2021	28/05/2022	04/08/2022	French	PDF
Abridged model	31/12/2020	29/05/2021	01/07/2021	French	PDF
Abridged model	31/12/2019	30/05/2020	01/09/2020	French	PDF
Abridged model	31/12/2018	25/05/2019	02/09/2019	French	PDF
Abridged model	31/12/2017	26/05/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	27/05/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	28/05/2016	22/08/2016	French	PDF
Abridged model	31/12/2014	30/05/2015	27/08/2015	French	PDF
Abridged model	31/12/2013	31/07/2014	29/10/2014	French	PDF
Abridged model	31/12/2012	31/07/2013	30/09/2013	French	PDF
Abridged modelCorrection	31/12/2011	31/07/2012	26/09/2012	French	PDF
Abridged model	31/12/2011	31/07/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	26/07/2011	27/07/2011	French	PDF
Abridged model	31/12/2009	31/07/2010	24/09/2010	French	PDF
Abridged model	31/12/2008	31/07/2009	31/08/2009	French	PDF
Abridged model	31/12/2007	26/08/2008	27/08/2008	French	PDF
Abridged model	31/12/2006	26/05/2007	24/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

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 · 1 active · 4 ended

Active mandates

Giovanni BRUNO

Director · since 18 septembre 2013

Active

Ended mandates

Giovanni BRUNO

Manager · since 18 septembre 2013

Ended

Giovanni BRUNO

Mandate

Ended

Nadia Bruno

Manager

Ended

NADIA BRUNO

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/12/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates10/04/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office16/10/2015
SIEGE SOCIAL
PDF
Mandates16/12/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates08/03/2007
DEMISSIONS, NOMINATIONS
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 2025-443,5 k €↓
2024
Annual accounts 202418 k €↑
2023
Annual accounts 2023655,9 €↓
2022
Annual accounts 202241 k €↓
2021
Annual accounts 202146,3 k €↓
2020
Annual accounts 202053,6 k €↓
2019
Annual accounts 201953,8 k €↑
2018
Annual accounts 201824,1 k €↑
2017
Annual accounts 20178,2 k €↓
2016
Annual accounts 201660 k €↑
2015
Annual accounts 2015-116,8 k €↓
2014
Annual accounts 20143,4 k €↓
2013
Annual accounts 20133,9 k €↓
2010
Annual accounts 201013,8 k €↑
2009
Annual accounts 2009-50,8 k €↓
2008
Annual accounts 20083,5 k €↓
2007
Annual accounts 200716,3 k €↑
2006
Annual accounts 2006-14,5 k €
21/05/1991
IncorporationPrivate 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

ERDO

Overview

What does ERDO do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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