ACTIVE

ERGUCO

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-25,8 k €

+40.6% YoY

Revenue

353 k €

+6.4% YoY

Equity

6,7 M €

-0.4% YoY

Workforce

2,5 ETP

+4.2% YoY

What does ERGUCO do?

ERGUCO is a Public limited company incorporated in 1991. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Zele. It employs on average 2,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.269.095

Incorporation

24/09/1991

Legal form

Public limited company

Registered office

Wijnveld 5
9240 Zele · FlandreSee on map

Contributed capital

2 000 000,00 €

Latest accounts

31/12/2025

Average workforce

2,5 ETP

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 70201Management consultancy activities

Joint committees (1)

Signals

Solid equityPositive 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 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
Revenue	353 k €	+6.4%	331,8 k €	+4.5%	317,6 k €	-3.8%	330,1 k €	-2.6%	338,9 k €	+1.6%	333,7 k €	+0.3%	332,8 k €	+0.2%	332,2 k €	+1.6%	327,1 k €	+1.5%	322,3 k €	+7.0%	301,2 k €	+0.5%	299,6 k €	+1.7%	294,6 k €	-3.4%	304,9 k €	+11.6%	273,1 k €	-24.4%	361,5 k €	-33.5%	543,9 k €	+88.9%	287,9 k €	+88.0%	153,1 k €	-4.7%	160,7 k €
EBITDA	145,9 k €	+16.5%	125,3 k €	-8.8%	137,4 k €	-21.9%	175,9 k €	-19.8%	219,4 k €	+15.3%	190,3 k €	-5.7%	201,8 k €	+2.8%	196,4 k €	-7.8%	213 k €	+10.6%	192,7 k €	+4.5%	184,3 k €	-9.2%	203 k €	+10.3%	184,1 k €	-14.6%	215,6 k €	+36.5%	158 k €	-42.0%	272,5 k €	-38.5%	443,5 k €	+117%	204,5 k €	+167%	76,5 k €	-37.3%	122 k €
Operating result	-33,7 k €	+27.4%	-46,4 k €	-75.6%	-26,4 k €	-259%	16,7 k €	+147%	-35,5 k €	-206%	33,5 k €	-22.6%	43,3 k €	+90.5%	22,7 k €	-60.5%	57,5 k €	+245%	-39,6 k €	-897%	5 k €	-39.9%	8,3 k €	+109%	-88,3 k €	-1470%	6,4 k €	+133%	-19,4 k €	-119%	100,8 k €	-49.4%	199,1 k €	+245%	-137,2 k €	-177%	-49,5 k €	+18.3%	-60,6 k €
Net result	-25,8 k €	+40.6%	-43,4 k €	-274%	-11,6 k €	-142%	27,5 k €	+185%	-32,4 k €	-210%	29,6 k €	-31.5%	43,2 k €	+77.1%	24,4 k €	-60.0%	61,1 k €	+267%	-36,7 k €	-552%	8,1 k €	-26.2%	11 k €	+113%	-85,9 k €	-928%	10,4 k €	+193%	-11,1 k €	-109%	126,8 k €	-69.8%	419,6 k €	+23943%	-1,8 k €	-102%	75,8 k €	+135%	32,2 k €
Balance sheet
Equity	6,7 M €	-0.4%	6,8 M €	-0.6%	6,8 M €	-0.2%	6,8 M €	+0.4%	6,8 M €	-0.5%	6,8 M €	+0.4%	6,8 M €	+0.6%	6,8 M €	+0.4%	6,7 M €	+0.9%	6,7 M €	-0.5%	6,7 M €	+0.1%	6,7 M €	+0.2%	6,7 M €	-1.3%	6,8 M €	+0.2%	6,8 M €	-0.2%	6,8 M €	+1.9%	6,6 M €	+6.7%	6,2 M €	+4.6%	5,9 M €	+1.3%	5,9 M €
Total assets	10,6 M €	-0.9%	10,7 M €	-0.9%	10,8 M €	-1.2%	11 M €	-0.8%	11 M €	+2.6%	10,8 M €	-1.5%	10,9 M €	-1.0%	11 M €	-0.7%	11,1 M €	+1.5%	11 M €	-0.9%	11,1 M €	-0.0%	11,1 M €	+1.4%	10,9 M €	-0.1%	10,9 M €	+4.0%	10,5 M €	-14.0%	12,2 M €	+82.2%	6,7 M €	+3.7%	6,5 M €	+8.0%	6 M €	+1.5%	5,9 M €
Cash	31,8 k €	-78.7%	149,3 k €	+299%	37,4 k €	-43.0%	65,6 k €	-33.2%	98,3 k €	-22.3%	126,5 k €	-30.7%	182,5 k €	+7.8%	169,3 k €	+45.5%	116,4 k €	+207%	37,9 k €	-64.4%	106,7 k €	+1668%	6 k €	-90.4%	63,2 k €	-70.4%	213,4 k €	-16.0%	254 k €	-30.8%	366,8 k €	-74.5%	1,4 M €	+692%	181,7 k €	+165%	68,5 k €	-45.2%	125 k €
Debts	3,9 M €	-1.5%	3,9 M €	-1.8%	4 M €	-2.3%	4,1 M €	-3.4%	4,2 M €	+8.4%	3,9 M €	-5.1%	4,1 M €	-3.5%	4,3 M €	-2.4%	4,4 M €	+2.4%	4,3 M €	-1.5%	4,3 M €	-0.2%	4,3 M €	+3.1%	4,2 M €	+1.8%	4,1 M €	+11.0%	3,7 M €	-31.2%	5,4 M €	+39221%	13,8 k €	-42.8%	24 k €	+54.2%	15,6 k €	+26.6%	12,3 k €
Other
Workforce	2,5 ETP	+4.2%	2,4 ETP	+84.6%	1,3 ETP	+8.3%	1,2 ETP	-14.3%	1,4 ETP	-17.6%	1,7 ETP	+13.3%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	+87.5%	0,8 ETP	+33.3%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	-14.3%	0,7 ETP	0.0%	0,7 ETP	+40.0%	0,5 ETP	+66.7%	0,3 ETP	0.0%	0,3 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 · 2 active · 9 ended

Active mandates

ERNESTINA FLIES

Managing director · since 01 janvier 2021 · until 31 décembre 2026

Active

GUIDO HENKENS

Managing director · since 01 janvier 2021 · until 31 décembre 2026

Active

Ended mandates

ERNESTINA FLIES

Director

Ended

ERNESTINA FLIES

Managing director

Ended

GUIDO HENKENS

Director

Ended

GUIDO HENKENS

Managing director

Ended

At this address

Other companies at this address

Company	CBE no.
BOFISO● Active	0422.063.529
RISTER - INVEST● Active	0445.302.848
VH Auctions● Active	0721.620.018

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	15/05/2026	19/05/2025	13/05/2024	08/06/2023	02/06/2022	09/06/2021
General meeting	08/05/2026	09/05/2025	10/05/2024	12/05/2023	13/05/2022	14/05/2021
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 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged modelCorrection	31/12/2025	08/05/2026	15/05/2026	Dutch	PDF
Abridged model	31/12/2025	08/05/2026	13/05/2026	Dutch	PDF
Abridged model	31/12/2024	09/05/2025	19/05/2025	Dutch	PDF
Abridged model	31/12/2023	10/05/2024	13/05/2024	Dutch	PDF
Abridged model	31/12/2022	12/05/2023	08/06/2023	Dutch	PDF
Abridged model	31/12/2021	13/05/2022	02/06/2022	Dutch	PDF
Abridged model	31/12/2020	14/05/2021	09/06/2021	Dutch	PDF
Abridged model	31/12/2019	08/05/2020	11/05/2020	Dutch	PDF
Abridged model	31/12/2018	10/05/2019	15/05/2019	Dutch	PDF
Abridged model	31/12/2017	11/05/2018	15/05/2018	Dutch	PDF
Abridged model	31/12/2016	12/05/2017	15/05/2017	Dutch	PDF
Abridged model	31/12/2015	13/05/2016	17/05/2016	Dutch	PDF
Abridged model	31/12/2014	08/05/2015	11/05/2015	Dutch	PDF
Abridged model	31/12/2013	09/05/2014	14/05/2014	Dutch	PDF
Abridged model	31/12/2012	10/05/2013	13/05/2013	Dutch	PDF
Abridged model	31/12/2011	11/05/2012	15/05/2012	Dutch	PDF
Abridged model	31/12/2010	13/05/2011	16/05/2011	Dutch	PDF
Abridged model	31/12/2009	14/05/2010	01/06/2010	Dutch	PDF
Abridged model	31/12/2008	08/05/2009	26/05/2009	Dutch	PDF
Abridged model	31/12/2007	23/05/2008	29/05/2008	Dutch	PDF
Abridged model	31/12/2006	11/05/2007	06/06/2007	Dutch	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 · 2 active · 9 ended

Active mandates

ERNESTINA FLIES

Managing director · since 01 janvier 2021 · until 31 décembre 2026

Active

GUIDO HENKENS

Managing director · since 01 janvier 2021 · until 31 décembre 2026

Active

Ended mandates

ERNESTINA FLIES

Director

Ended

ERNESTINA FLIES

Managing director

Ended

GUIDO HENKENS

Director

Ended

GUIDO HENKENS

Managing director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office11/03/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates20/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Other01/03/2016
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/07/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares06/02/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates09/07/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/11/2004
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 2025-25,8 k €↑
2024
Annual accounts 2024-43,4 k €↓
2023
Annual accounts 2023-11,6 k €↓
2022
Annual accounts 202227,5 k €↑
2021
Annual accounts 2021-32,4 k €↓
2020
Annual accounts 202029,6 k €↓
2019
Annual accounts 201943,2 k €↑
2018
Annual accounts 201824,4 k €↓
2017
Annual accounts 201761,1 k €↑
2016
Annual accounts 2016-36,7 k €↓
2015
Annual accounts 20158,1 k €↓
2014
Annual accounts 201411 k €↑
2013
Annual accounts 2013-85,9 k €↓
2012
Annual accounts 201210,4 k €↑
2011
Annual accounts 2011-11,1 k €↓
2010
Annual accounts 2010126,8 k €↓
2009
Annual accounts 2009419,6 k €↑
2008
Annual accounts 2008-1,8 k €↓
2007
Annual accounts 200775,8 k €↑
2006
Annual accounts 200632,2 k €
24/09/1991
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

ERGUCO

Overview

What does ERGUCO do?

Trend over 20 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