ACTIVE

ERSOL

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Financial year 2025 · closed on 30/09/2025

Net result

-6,4 k €

-131.1% YoY

Gross margin

18,8 k €

-79.0% YoY

Equity

232,6 k €

-2.7% YoY

What does ERSOL do?

ERSOL is a Private company with limited liability incorporated in 2010. Its registered office is in Maasmechelen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0831.424.018

Incorporation

19/11/2010

Legal form

Private company with limited liability

Registered office

Industrielaan(M) 71 box 1
3630 Maasmechelen · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

30/09/2025

Signals

Solid equityLow riskGood liquidityPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011
Income statement
Gross margin	18,8 k €	-79.0%	89,5 k €	+127%	39,5 k €	-73.3%	147,6 k €	+76.3%	83,7 k €	+36.4%	61,4 k €	-40.2%	102,7 k €	-11.9%	116,5 k €	+10.6%	105,3 k €	-6.5%	112,6 k €	+18.7%	94,9 k €	+180%	33,9 k €	+44.4%	23,5 k €	+15.9%	20,3 k €
EBITDA	8,3 k €	-88.3%	71 k €	+112%	33,5 k €	-75.5%	136,9 k €	+127%	60,4 k €	+21.7%	49,6 k €	-25.2%	66,3 k €	-17.9%	80,8 k €	+25.8%	64,2 k €	-9.5%	70,9 k €	-22.7%	91,8 k €	+241%	26,9 k €	+36.0%	19,8 k €	+13.7%	17,4 k €
Operating result	5,8 k €	-91.6%	69,4 k €	+120%	31,6 k €	-76.6%	135,2 k €	+238%	40 k €	+76.8%	22,6 k €	-21.4%	28,8 k €	-23.8%	37,8 k €	+14.6%	33 k €	-7.6%	35,7 k €	+55.4%	23 k €	+19.7%	19,2 k €	+49.4%	12,9 k €	-7.8%	13,9 k €
Net result	-6,4 k €	-131%	20,5 k €	+38.2%	14,8 k €	-82.0%	82,4 k €	+399%	16,5 k €	+399%	3,3 k €	+5.5%	3,1 k €	-67.5%	9,7 k €	+25.0%	7,7 k €	-22.4%	10 k €	-27.7%	13,8 k €	+2.6%	13,4 k €	+67.7%	8 k €	-36.2%	12,5 k €
Balance sheet
Equity	232,6 k €	-2.7%	239 k €	+9.4%	218,4 k €	+7.3%	203,6 k €	+67.9%	121,2 k €	+15.8%	104,7 k €	+3.3%	101,4 k €	+3.2%	98,3 k €	+10.9%	88,6 k €	+26.5%	70,1 k €	+16.6%	60,1 k €	+29.7%	46,3 k €	+40.7%	32,9 k €	+32.1%	24,9 k €
Total assets	517,4 k €	-2.7%	532 k €	-0.5%	534,7 k €	-8.1%	582,1 k €	-16.7%	698,6 k €	+1.5%	688,6 k €	+11.7%	616,5 k €	-41.9%	1,1 M €	+25.6%	845,5 k €	-10.8%	948,4 k €	+2.7%	923,9 k €	+162%	353,2 k €	+130%	153,5 k €	+24.0%	123,8 k €
Cash	87,3 k €	-18.0%	106,4 k €	-1.3%	107,7 k €	-61.6%	280,3 k €	+227%	85,6 k €	+46.5%	58,4 k €	+59.8%	36,6 k €	-2.3%	37,4 k €	+258%	10,4 k €	-44.4%	18,8 k €	+459%	3,4 k €	-65.4%	9,7 k €	+4.5%	9,3 k €	+253%	2,6 k €
Debts	282,5 k €	-1.8%	287,7 k €	-9.0%	316,2 k €	+31.2%	241 k €	-58.3%	577,4 k €	-1.1%	583,9 k €	+13.3%	515,1 k €	-46.5%	963,7 k €	+27.3%	756,8 k €	-13.8%	878,3 k €	+1.7%	863,5 k €	+181%	306,8 k €	+154%	120,6 k €	+22.0%	98,9 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		1,2 ETP		–		0,2 ETP	+100%	0,1 ETP	0.0%	0,1 ETP

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 30/09/2025 · 4 active · 6 ended

Active mandates

Sertaç Erdem

Director · since 06 octobre 2025

Active

Mikail Erdem

Director · since 16 octobre 2024

Active

Hakan Erdem

Director

Active

Ismail Erdem

Director

Active

Ended mandates

Ismail Erdem

Manager · since 02 décembre 2013

Ended

Ismael Erdem

Director

Ended

Ismail Erdem

Manager

Ended

Mesude Babac

Director · until 08 novembre 2021

Ended

At this address

Other companies at this address

Company	CBE no.
IMC INFRA● Active	0763.778.889
JL LIJMWERKEN● Active	0808.362.762
UNIBOUW L.T.● Active	0476.957.215

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/04/2026	22/04/2025	15/03/2024	20/03/2023	07/04/2022	31/03/2021
General meeting	31/03/2026	25/03/2025	16/02/2024	17/02/2023	31/03/2022	19/02/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	31/03/2026	29/04/2026	Dutch	PDF
Micro model	30/09/2024	25/03/2025	22/04/2025	Dutch	PDF
Micro model	30/09/2023	16/02/2024	15/03/2024	Dutch	PDF
Micro model	30/09/2022	17/02/2023	20/03/2023	Dutch	PDF
Micro model	30/09/2021	31/03/2022	07/04/2022	Dutch	PDF
Micro model	30/09/2020	19/02/2021	31/03/2021	Dutch	PDF
Micro model	30/09/2019	31/03/2020	09/04/2020	Dutch	PDF
Micro model	30/09/2018	15/02/2019	28/05/2019	Dutch	PDF
Micro model	30/09/2017	16/02/2018	19/04/2018	Dutch	PDF
Abridged model	30/09/2016	17/02/2017	20/04/2017	Dutch	PDF
Abridged model	30/09/2015	19/02/2016	24/10/2016	Dutch	PDF
Abridged model	30/09/2014	31/03/2015	28/05/2015	Dutch	PDF
Abridged model	30/09/2013	21/02/2014	05/08/2014	Dutch	PDF
Abridged model	30/09/2012	15/02/2013	28/03/2013	Dutch	PDF
Abridged model	30/09/2011	17/02/2012	18/09/2012	Dutch	PDF

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 30/09/2025 · 4 active · 6 ended

Active mandates

Sertaç Erdem

Director · since 06 octobre 2025

Active

Mikail Erdem

Director · since 16 octobre 2024

Active

Hakan Erdem

Director

Active

Ismail Erdem

Director

Active

Ended mandates

Ismail Erdem

Manager · since 02 décembre 2013

Ended

Ismael Erdem

Director

Ended

Ismail Erdem

Manager

Ended

Mesude Babac

Director · until 08 novembre 2021

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office13/08/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates25/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/02/2014
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/02/2012
MAATSCHAPPELIJKE ZETEL
PDF
Other07/12/2010
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 2025-6,4 k €↓
2024
Annual accounts 202420,5 k €↑
2023
Annual accounts 202314,8 k €↓
2022
Annual accounts 202282,4 k €↑
2021
Annual accounts 202116,5 k €↑
2020
Annual accounts 20203,3 k €↑
2019
Annual accounts 20193,1 k €↓
2018
Annual accounts 20189,7 k €↑
2017
Annual accounts 20177,7 k €↓
2015
Annual accounts 201510 k €↓
2014
Annual accounts 201413,8 k €↑
2013
Annual accounts 201313,4 k €↑
2012
Annual accounts 20128 k €↓
2011
Annual accounts 201112,5 k €
19/11/2010
IncorporationPrivate company with limited liability

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

ERSOL

Overview

What does ERSOL do?

Trend over 14 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