ACTIVE

ERCA

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Financial year 2025 · closed on 31/12/2025

Net result

180,2 k €

-50.1% YoY

Gross margin

1,4 M €

-5.4% YoY

Equity

131,6 k €

+0.1% YoY

Workforce

21,0 ETP

-1.9% YoY

What does ERCA do?

ERCA is a Private limited company incorporated in 1994. Its registered office is in Jabbeke. It employs on average 21,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.048.002

Incorporation

29/06/1994

Legal form

Private limited company

Registered office

Nieuwenhovedreef 35 00 11
8490 Jabbeke · FlandreSee on map

Contributed capital

31 000,00 €

Latest accounts

31/12/2025

Average workforce

21,0 ETP

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ 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
Gross margin	1,4 M €	-5.4%	1,4 M €	+14.3%	1,2 M €	+36.7%	914,6 k €	-21.3%	1,2 M €	+49.0%	780,4 k €	+2.0%	765,5 k €	-4.5%	801,8 k €	+9.0%	735,4 k €	+4.0%	706,9 k €	+9.8%	643,6 k €	+1.7%	632,6 k €	-1.1%	639,9 k €	+10.5%	579,3 k €	+5.1%	551,2 k €	+5.6%	522,0 k €	+19.8%	435,8 k €	+4.7%	416,3 k €	-3.9%	433,1 k €	-1.3%	438,8 k €
EBITDA	217,0 k €	-43.3%	382,4 k €	+9.3%	349,9 k €	+80.0%	194,4 k €	-63.9%	538,0 k €	+135%	229,2 k €	+94.8%	117,7 k €	-41.7%	202,0 k €	+31.6%	153,5 k €	+9.4%	140,3 k €	+17.6%	119,4 k €	+44.9%	82,4 k €	-29.9%	117,5 k €	-0.2%	117,8 k €	+23.1%	95,7 k €	+29.7%	73,7 k €	+4160%	-1,8 k €	-998%	-165,5 €	-100%	36,6 k €	+41.0%	26,0 k €
Operating result	207,9 k €	-44.9%	377,6 k €	+9.8%	343,8 k €	+83.8%	187,0 k €	-64.9%	532,4 k €	+136%	225,8 k €	+102%	111,6 k €	-42.8%	195,0 k €	+28.3%	152,0 k €	+10.0%	138,3 k €	+19.7%	115,5 k €	+43.8%	80,3 k €	-28.4%	112,1 k €	-1.5%	113,9 k €	+23.8%	92,0 k €	+32.2%	69,6 k €	+981%	-7,9 k €	-136%	-3,3 k €	-111%	31,9 k €	+43.1%	22,3 k €
Net result	180,2 k €	-50.1%	361,1 k €	+9.2%	330,8 k €	+85.9%	177,9 k €	-64.8%	506,1 k €	+141%	210,1 k €	+91.2%	109,9 k €	-41.7%	188,7 k €	+24.1%	152,0 k €	+11.3%	136,5 k €	+29.9%	105,1 k €	+31.5%	80,0 k €	-21.3%	101,6 k €	-10.7%	113,7 k €	+27.5%	89,2 k €	+31.2%	68,0 k €	+626%	-12,9 k €	-75.7%	-7,4 k €	-141%	18,0 k €	+151%	7,2 k €
Balance sheet
Equity	131,6 k €	+0.1%	131,5 k €	-9.6%	145,4 k €	+4.6%	139,0 k €	+7.9%	128,9 k €	+90.2%	67,7 k €	+0.1%	67,6 k €	+1.3%	66,7 k €	+5.8%	63,1 k €	+3.2%	61,1 k €	+0.0%	61,1 k €	+0.2%	61,0 k €	+19.5%	51,0 k €	+3.2%	49,5 k €	+8.2%	45,7 k €	+10.2%	41,5 k €	+93.2%	21,5 k €	-37.6%	34,4 k €	-17.6%	41,8 k €	-10.7%	46,8 k €
Total assets	953,7 k €	-19.8%	1,2 M €	+19.3%	996,3 k €	+27.0%	784,5 k €	-16.2%	936,0 k €	+35.6%	690,4 k €	+0.6%	686,4 k €	+23.9%	553,9 k €	-24.2%	730,9 k €	+19.5%	611,9 k €	+13.8%	537,8 k €	-16.4%	643,4 k €	+3.5%	621,3 k €	+35.9%	457,4 k €	+32.9%	344,2 k €	+33.0%	258,8 k €	+16.1%	222,9 k €	-45.8%	411,1 k €	+56.3%	263,1 k €	-5.5%	278,4 k €
Cash	767,8 k €	+15.4%	665,2 k €	+37.9%	482,3 k €	+41.5%	340,8 k €	-19.9%	425,4 k €	+43.2%	297,0 k €	-11.7%	336,3 k €	+162%	128,6 k €	-37.6%	206,2 k €	+38.8%	148,6 k €	-16.5%	177,9 k €		–		212,9 k €	-21.3%	270,7 k €	+8.7%	249,0 k €	+31.3%	189,6 k €	+11.7%	169,8 k €	+37.3%	123,7 k €	-37.7%	198,7 k €	-16.9%	239,1 k €
Debts	822,0 k €	-22.2%	1,1 M €	+24.3%	850,0 k €	+31.7%	645,6 k €	-20.0%	807,1 k €	+29.6%	622,7 k €	+0.6%	618,8 k €	+27.0%	487,1 k €	-26.9%	666,7 k €	+21.0%	550,8 k €	+16.1%	474,3 k €	-18.6%	582,4 k €	+2.1%	570,3 k €	+39.8%	407,9 k €	+37.0%	297,7 k €	+37.0%	217,3 k €	+7.9%	201,4 k €	-46.5%	376,6 k €	+70.2%	221,3 k €	-2.8%	227,6 k €
Other
Workforce	21,0 ETP	-1.9%	21,4 ETP	-1.4%	21,7 ETP	+8.5%	20,0 ETP	+13.6%	17,6 ETP	-2.8%	18,1 ETP	-6.2%	19,3 ETP	-1.5%	19,6 ETP	-3.0%	20,2 ETP	+5.2%	19,2 ETP	-20.7%	24,2 ETP	+45.8%	16,6 ETP	+3.1%	16,1 ETP	-5.3%	17,0 ETP	+23.2%	13,8 ETP	-7.4%	14,9 ETP	+0.7%	14,8 ETP	-1.3%	15,0 ETP	+5.6%	14,2 ETP	+1.4%	14,0 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 · 1 active · 11 ended

Active mandates

BeDeS

Director · 0808.503.512

Represented by Philip Despeghel

Active

Ended mandates

BeDeS

Manager · since 01 janvier 2009 · 0808.503.512

Represented by Philip Despeghel

Ended

BeDeS

Manager · 0808.503.512

Represented by Philip Despeghel

Ended

BeDeS

Manager · 0808.503.512

Represented by Philip Despeghel

Ended

BeDeS

Director · 0808.503.512

Represented by Philip Despeghel

Ended

At this address

Other companies at this address

Company	CBE no.
BeDeS● Active	0808.503.512
VANBEK● Active	0459.927.676

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	30/06/2026	28/07/2025	16/07/2024	27/06/2023	20/07/2022	16/07/2021
General meeting	23/06/2026	30/06/2025	20/06/2024	20/06/2023	30/06/2022	20/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	23/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	28/07/2025	Dutch	PDF
Abridged model	31/12/2023	20/06/2024	16/07/2024	Dutch	PDF
Abridged model	31/12/2022	20/06/2023	27/06/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	20/07/2022	Dutch	PDF
Abridged model	31/12/2020	20/06/2021	16/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	27/07/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	04/07/2019	Dutch	PDF
Abridged model	31/12/2017	20/06/2018	03/07/2018	Dutch	PDF
Abridged model	31/12/2016	20/06/2017	06/07/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	19/07/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	09/07/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	11/07/2014	Dutch	PDF
Abridged model	31/12/2012	20/06/2013	05/07/2013	Dutch	PDF
Abridged model	31/12/2011	20/06/2012	16/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	26/07/2011	Dutch	PDF
Abridged model	31/12/2009	20/06/2010	01/07/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	16/07/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	28/06/2008	Dutch	PDF
Abridged model	31/12/2006	20/06/2007	21/06/2007	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 · 1 active · 11 ended

Active mandates

BeDeS

Director · 0808.503.512

Represented by Philip Despeghel

Active

Ended mandates

BeDeS

Manager · since 01 janvier 2009 · 0808.503.512

Represented by Philip Despeghel

Ended

BeDeS

Manager · 0808.503.512

Represented by Philip Despeghel

Ended

BeDeS

Manager · 0808.503.512

Represented by Philip Despeghel

Ended

BeDeS

Director · 0808.503.512

Represented by Philip Despeghel

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office22/07/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates14/07/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office24/06/2019
MAATSCHAPPELIJKE ZETEL
PDF
Restructuring12/03/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring23/10/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates16/01/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/01/2006
WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025180,2 k €↓
2024
Annual accounts 2024361,1 k €↑
2023
Annual accounts 2023330,8 k €↑
2023
Name changeErca
2022
Annual accounts 2022177,9 k €↓
2021
Annual accounts 2021506,1 k €↑
2021
Name changeErca (incl 2013)
2020
Annual accounts 2020210,1 k €↑
2019
Annual accounts 2019109,9 k €↓
2018
Annual accounts 2018188,7 k €↑
2017
Annual accounts 2017152,0 k €↑
2016
Annual accounts 2016136,5 k €↑
2015
Annual accounts 2015105,1 k €↑
2014
Annual accounts 201480,0 k €↓
2013
Annual accounts 2013101,6 k €↓
2012
Annual accounts 2012113,7 k €↑
2011
Annual accounts 201189,2 k €↑
2010
Annual accounts 201068,0 k €↑
2009
Annual accounts 2009-12,9 k €↓
2008
Annual accounts 2008-7,4 k €↓
2007
Annual accounts 200718,0 k €↑
2006
Annual accounts 20067,2 k €
29/06/1994
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

ERCA

Overview

What does ERCA 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