ACTIVE

E.R.M.

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

7,9 k €

-85.0% YoY

Gross margin

51,7 k €

-36.8% YoY

Equity

108,7 k €

+7.8% YoY

What does E.R.M. do?

E.R.M. is a Private limited company incorporated in 2002. Its main activity is: Buying and selling of own real estate. Its registered office is in Gavere.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.774.380

Incorporation

14/11/2002

Legal form

Private limited company

Registered office

Bukkestraat 26
9890 Gavere · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

68110Buying and selling of own real estate· main 82990Other business support service activities n.e.c.

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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 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	51,7 k €	-36.8%	81,8 k €	+47.5%	55,5 k €	+5.9%	52,4 k €	-28.4%	73,2 k €	-18.8%	90 k €	+26.9%	71 k €	+47.6%	48,1 k €	+48.5%	32,4 k €	+1636%	-2,1 k €	-104%	50,7 k €	+115%	23,5 k €	+208%	-21,8 k €	-859%	2,9 k €	-95.2%	59,6 k €	+707%	-9,8 k €	-313%	4,6 k €	+286%	-2,5 k €	+21.4%	-3,2 k €
EBITDA	46,1 k €	-41.4%	78,6 k €	+48.4%	53 k €	+5.2%	50,3 k €	-28.6%	70,5 k €	-20.0%	88,2 k €	+27.9%	68,9 k €	+54.8%	44,5 k €	+45.1%	30,7 k €	+689%	-5,2 k €	-111%	49,1 k €	+146%	20 k €	+184%	-23,8 k €	-8690%	277 €	+100%	-67,5 k €	-414%	-13,2 k €	-388%	4,6 k €	+280%	-2,5 k €	+20.7%	-3,2 k €
Operating result	16,5 k €	-78.5%	76,9 k €	+49.8%	51,4 k €	+38.8%	37 k €	-34.8%	56,8 k €	-1.2%	57,5 k €	+57.4%	36,5 k €	+145%	14,9 k €	+16.9%	12,8 k €	+155%	-23,1 k €	-148%	48,1 k €	+193%	16,4 k €	+153%	-30,8 k €	-230%	-9,4 k €	+88.3%	-80,3 k €	-152%	-31,9 k €	-800%	4,6 k €	+280%	-2,5 k €	+20.7%	-3,2 k €
Net result	7,9 k €	-85.0%	52,8 k €	+52.6%	34,6 k €	+42.3%	24,3 k €	-34.5%	37,1 k €	-1.1%	37,5 k €	+100%	18,7 k €	+74.9%	10,7 k €	+11.4%	9,6 k €	+134%	-28,5 k €	-161%	46,9 k €	+197%	15,8 k €	+153%	-30 k €	-128%	-13,2 k €	+84.0%	-82,1 k €	-148%	-33,2 k €	-832%	4,5 k €	+268%	-2,7 k €	+19.2%	-3,3 k €
Balance sheet
Equity	108,7 k €	+7.8%	100,8 k €	+106%	48,9 k €	+220%	15,3 k €	+270%	-9 k €	+80.5%	-46,1 k €	+44.9%	-83,7 k €	+18.3%	-102,4 k €	+9.5%	-113,1 k €	+7.8%	-122,7 k €	-30.2%	-94,3 k €	+33.2%	-141,1 k €	+10.1%	-156,9 k €	-23.7%	-126,9 k €	-11.6%	-113,7 k €	-260%	-31,6 k €	-2108%	1,6 k €	+153%	-3 k €	-1047%	-258 €
Total assets	153,4 k €	-42.8%	268,3 k €	+153%	106,1 k €	-8.3%	115,7 k €	-46.8%	217,5 k €	+88.5%	115,4 k €	-6.0%	122,7 k €	+3.3%	118,7 k €	+17.0%	101,4 k €	-70.6%	344,8 k €	+18.2%	291,6 k €	+8.0%	269,9 k €	+392%	54,9 k €	-0.2%	55 k €	-1.2%	55,6 k €	-83.0%	328,1 k €	+3682%	8,7 k €	+349%	1,9 k €	+85.2%	1 k €
Cash	16,6 k €	-76.9%	72 k €	+140%	30 k €	-9.7%	33,2 k €	-76.2%	139,3 k €	+274%	37,2 k €	+60.3%	23,2 k €	+70.9%	13,6 k €	-12.8%	15,6 k €	-28.1%	21,7 k €	-46.7%	40,7 k €	+85.9%	21,9 k €	+51.5%	14,5 k €	-32.2%	21,3 k €	+176%	7,7 k €	-75.2%	31,1 k €	+777295%	4 €	-99.2%	488 €		–
Debts	44,6 k €	-73.4%	167,5 k €	+193%	57,1 k €	-43.0%	100,3 k €	-1.1%	101,4 k €	+178%	36,4 k €	-55.2%	81,3 k €	-15.4%	96 k €	+7.3%	89,5 k €	-73.9%	342,4 k €	+33.9%	255,7 k €	-10.6%	285,9 k €	+230%	86,7 k €	+52.7%	56,8 k €	+28.3%	44,2 k €	-87.4%	352,3 k €	+4860%	7,1 k €	+45.2%	4,9 k €	+276%	1,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Isabella Ernon

Director

Active

Yves Remy

Director

Active

Ended mandates

Isabella Ernon

Manager

Ended

SINNE SNEYERS

Associate

Ended

Yves Remy

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	29/07/2026	07/07/2025	30/08/2024	10/07/2023	29/08/2022	30/08/2021
General meeting	06/06/2026	07/06/2025	01/06/2024	03/06/2023	04/06/2022	05/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	06/06/2026	29/07/2026	Dutch	PDF
Micro model	31/12/2024	07/06/2025	07/07/2025	Dutch	PDF
Micro model	31/12/2023	01/06/2024	30/08/2024	Dutch	PDF
Micro model	31/12/2022	03/06/2023	10/07/2023	Dutch	PDF
Micro model	31/12/2021	04/06/2022	29/08/2022	Dutch	PDF
Micro model	31/12/2020	05/06/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	06/06/2020	31/08/2020	Dutch	PDF
Micro model	31/12/2018	01/06/2019	26/08/2019	Dutch	PDF
Micro model	31/12/2017	02/06/2018	30/08/2018	Dutch	PDF
Micro model	31/12/2016	03/06/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	13/08/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	28/08/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	18/08/2011	Dutch	PDF
Abridged model	30/06/2009	05/12/2009	10/12/2009	Dutch	PDF
Abridged model	30/06/2008	06/12/2008	11/12/2008	Dutch	PDF
Abridged model	30/06/2007	01/12/2007	07/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 3 ended

Active mandates

Isabella Ernon

Director

Active

Yves Remy

Director

Active

Ended mandates

Isabella Ernon

Manager

Ended

SINNE SNEYERS

Associate

Ended

Yves Remy

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office01/06/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/01/2011
BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates09/04/2010
BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office17/04/2003
MAATSCHAPPELIJKE ZETEL
PDF
Other22/11/2002
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 20257,9 k €↓
2024
Annual accounts 202452,8 k €↑
2023
Annual accounts 202334,6 k €↑
2022
Annual accounts 202224,3 k €↓
2021
Annual accounts 202137,1 k €↓
2020
Annual accounts 202037,5 k €↑
2019
Annual accounts 201918,7 k €↑
2018
Annual accounts 201810,7 k €↑
2017
Annual accounts 20179,6 k €↑
2016
Annual accounts 2016-28,5 k €↓
2015
Annual accounts 201546,9 k €↑
2014
Annual accounts 201415,8 k €↑
2013
Annual accounts 2013-30 k €↓
2012
Annual accounts 2012-13,2 k €↑
2011
Annual accounts 2011-82,1 k €↓
2010
Annual accounts 2010-33,2 k €↓
2010
Name changeE.R.M
2009
Annual accounts 20094,5 k €↑
2008
Annual accounts 2008-2,7 k €↑
2007
Annual accounts 2007-3,3 k €
2007
Name changeAQUA-SPACE
14/11/2002
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

E.R.M.

Overview

What does E.R.M. do?

Trend over 19 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