ACTIVE

ERD GROUP

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Financial year 2025 · closed on 31/12/2025
Net result
19,4 k €
+98.1% YoY
Gross margin
55,2 k €
+23.3% YoY
Equity
140 k €
+16.1% YoY

What does ERD GROUP do?

ERD GROUP is a Private limited company incorporated in 2020. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Heusden-Zolder.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0742.784.131
Incorporation
31/01/2020
Legal form
Private limited company
Registered office
Lochtemanweg 96 box 10
3550 Heusden-Zolder · FlandreSee on map
Contributed capital
25 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
43230Electrical, plumbing and other construction installation activities· main43291Other construction installation43331Floor and wall covering43331Floor and wall covering
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin55,2 k €44,8 k €51,4 k €107,2 k €114,6 k €
EBITDA54,7 k €40,2 k €48,2 k €101,6 k €66 k €
Operating result32 k €17,2 k €23,2 k €78 k €29,5 k €
Net result19,4 k €9,8 k €14,6 k €52,8 k €18,3 k €
Balance sheet
Equity140 k €120,5 k €110,7 k €96,1 k €43,3 k €
Total assets338,3 k €214,1 k €229 k €303,8 k €382,5 k €
Cash44,1 k €21,8 k €27,3 k €18 k €30 €
Debts198,1 k €93,6 k €118,3 k €201,8 k €339,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

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

Active mandates

Huseyin ERDOGAN

Director · since 31 janvier 2020

Active

Ended mandates

Hüseyin ERDOGAN

Director

Ended
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Annual accounts

Full financial information

20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202231/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months24 months
Filing date04/05/202604/09/202520/08/202431/08/202306/10/2022
General meeting04/05/202624/06/202524/06/202427/06/202327/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202504/05/202604/05/2026DutchPDF
Micro model31/12/202424/06/202504/09/2025DutchPDF
Micro model31/12/202324/06/202420/08/2024DutchPDF
Micro model31/12/202227/06/202331/08/2023DutchPDF
Abridged model31/12/202127/06/202206/10/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 1 ended

Active mandates

Huseyin ERDOGAN

Director · since 31 janvier 2020

Active

Ended mandates

Hüseyin ERDOGAN

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 office07/02/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other11/02/2020
    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

Timeline

  1. 2025
    Annual accounts 202519,4 k €↑
  2. 2024
    Annual accounts 20249,8 k €↓
  3. 2023
    Annual accounts 202314,6 k €↓
  4. 2022
    Annual accounts 202252,8 k €↑
  5. 2021
    Annual accounts 202118,3 k €
  6. 31/01/2020
    IncorporationPrivate limited company