NORMAL SITUATION

eRowz

Financial year 2025 · closed on 31/12/2025
Net result
-86 k €
-143.7% YoY
Gross margin
47,1 k €
-87.3% YoY
Equity
135,2 k €
-38.9% YoY

Company — Normal situation.

Strike-off: 25 juillet 2026

What does eRowz do?

eRowz is a Public limited company incorporated in 2011.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0836.053.787
Incorporation
05/05/2011
Legal form
Public limited company
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 227
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin47,1 k €372,6 k €820,7 k €2,2 M €3,3 M €3,6 M €1,6 M €509,7 k €437 k €198,5 k €275,1 k €
EBITDA35,7 k €373 k €757,5 k €1,8 M €2,9 M €3,3 M €1,2 M €1,1 M €994,4 k €926,1 k €222,8 k €344,7 k €187,3 k €274,1 k €
Operating result-74,1 k €255,6 k €491,4 k €1,5 M €2,5 M €3 M €702,6 k €476,8 k €417,8 k €583,9 k €182,7 k €306,7 k €176,2 k €261,7 k €
Net result-86 k €196,7 k €350,4 k €1,1 M €1,8 M €2,5 M €735,9 k €514,1 k €465,1 k €561,4 k €124,3 k €196,7 k €114,1 k €170,9 k €
Balance sheet
Equity135,2 k €221,2 k €414,5 k €714,1 k €6,5 M €4,6 M €2,1 M €1,5 M €1,1 M €957,3 k €233,7 k €109,6 k €23,6 k €29,5 k €
Total assets157 k €680 k €1,2 M €7,8 M €6,7 M €4,9 M €2,4 M €2 M €1,7 M €1,5 M €550,2 k €420,3 k €201,7 k €132,3 k €
Cash124,5 k €291,2 k €114,7 k €3,9 M €2,4 M €1,6 M €1,1 M €596,1 k €493,5 k €515,8 k €279,8 k €196 k €62,1 k €51,9 k €
Debts21,8 k €458,8 k €751,3 k €7,1 M €263,8 k €314,1 k €312,5 k €355,1 k €579,7 k €492,4 k €305,3 k €299,5 k €168,1 k €100,7 k €
Other
Workforce2,6 ETP4,6 ETP5,5 ETP5,4 ETP4,7 ETP9,4 ETP12,8 ETP11,6 ETP6,4 ETP1,9 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Bart Verschueren

Director · since 07 mars 2023 · until 06 mars 2029

Active
Vincent Vandegans

Director · since 07 mars 2023 · until 06 mars 2029

Active

Ended mandates

Bart VERSCHUEREN

Director · since 19 décembre 2017 · until 19 décembre 2023

Ended
Bart VERSCHUEREN

Director · since 19 décembre 2017

Ended
NICESTTHING

Director · since 19 décembre 2017 · until 19 décembre 2023 · 0675.455.144

Represented by Bart VERSCHUEREN

Ended
Vincent Vandegans

Director · since 19 décembre 2017

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/08/202623/08/202508/10/202428/09/202327/10/202231/08/2021
General meeting21/05/202615/07/202507/10/202430/06/202315/10/202220/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/05/202625/08/2026FrenchPDF
Abridged model31/12/202415/07/202523/08/2025FrenchPDF
Abridged model31/12/202307/10/202408/10/2024FrenchPDF
Abridged model31/12/202230/06/202328/09/2023FrenchPDF
Abridged model31/12/202115/10/202227/10/2022FrenchPDF
Abridged model31/12/202020/05/202131/08/2021FrenchPDF
Full model31/12/201921/05/202001/07/2020FrenchPDF
Full model31/12/201816/05/201924/07/2019FrenchPDF
Full model31/12/201717/05/201830/05/2018FrenchPDF
Abridged model31/12/201618/05/201724/08/2017FrenchPDF
Abridged model31/12/201527/07/201604/08/2016FrenchPDF
Abridged model31/12/201421/05/201531/07/2015FrenchPDF
Abridged model31/12/201315/05/201430/08/2014FrenchPDF
Abridged model31/12/201216/05/201325/07/2013DutchPDF
Estimate

Indicative valuation

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 · 10 ended

Active mandates

Bart Verschueren

Director · since 07 mars 2023 · until 06 mars 2029

Active
Vincent Vandegans

Director · since 07 mars 2023 · until 06 mars 2029

Active

Ended mandates

Bart VERSCHUEREN

Director · since 19 décembre 2017 · until 19 décembre 2023

Ended
Bart VERSCHUEREN

Director · since 19 décembre 2017

Ended
NICESTTHING

Director · since 19 décembre 2017 · until 19 décembre 2023 · 0675.455.144

Represented by Bart VERSCHUEREN

Ended
Vincent Vandegans

Director · since 19 décembre 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution28/07/2026
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
    PDF
  • Mandates20/03/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/01/2018
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates08/03/2016
    DENOMINATION - CAPITAL, ACTIONS
    PDF
  • Other05/06/2014
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office18/04/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office12/10/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other09/05/2011
    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 2025-86 k €
  2. 2024
    Annual accounts 2024196,7 k €
  3. 2023
    Annual accounts 2023350,4 k €
  4. 2022
    Annual accounts 20221,1 M €
  5. 2021
    Annual accounts 20211,8 M €
  6. 2020
    Annual accounts 20202,5 M €
  7. 2019
    Annual accounts 2019735,9 k €
  8. 2018
    Annual accounts 2018514,1 k €
  9. 2017
    Annual accounts 2017465,1 k €
  10. 2016
    Annual accounts 2016561,4 k €
  11. 2015
    Annual accounts 2015124,3 k €
  12. 2014
    Annual accounts 2014196,7 k €
  13. 2013
    Annual accounts 2013114,1 k €
  14. 2012
    Annual accounts 2012170,9 k €
  15. 05/05/2011
    IncorporationPublic limited company