E&D
ActiveSummary
For E&D, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €47k and a net result of €47k. Its solvency ranks better than 12% of 1845 sector peers (fiscal year 2021). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability53▲+3
Solvency31▲+1
Growth78
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2021Solvency, return and age of the figures
Solvency
6.3%
Return on assets
6.3%
Age of the figures
57 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 27-03-2023, 239 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
239 d late
2020
130 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Turnover
€236k
EBIT margin
6.4%
Net result
€47k▲ 213%
2020 · €15k
2020: €15k
2021: €47k▲ +213% vs 2020
2020 → 2021
Working capital
€-23k
2020 · €15k
2020: €15k
2021: €-23k▼ -250% vs 2020
2020 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Turnover€236k-
Equity€15k-€47k▲ 213%
2020: €15k
2021: €47k▲ +213% vs 2020
Operating result€15k-€47k▲ 213%
2020: €15k
2021: €47k▲ +213% vs 2020
Net result€15k-€47k▲ 213%
2020: €15k
2021: €47k▲ +213% vs 2020
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2021; 2021 is 213% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €702k
Fixed assets
€23k
Current assets
€680k
Equity and liabilities €750k
Equity
€47k ▲ 213%
Debt
€702k ▲ 153%
Debt's share of the balance-sheet total falls from 94.8% to 93.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.97▼
2020 · 1.05
Quick ratio
0.03▼
2020 · 1.05
Debt to equity
14.89
ROE
100.0%=
2020 · 100.0%
ROA
6.3%▲
2020 · 5.2%
Debt ≤ 1 year
€702k▲
2020 · €277k
Staff costs
€225k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 30 lines
Balance sheet
Code20202021
Assets
Total assets20/58€292k€750k▲
Formation expenses20-€47k
Fixed assets21/28-€23k
Tangible fixed assets22/27-€23k
Plant, machinery and equipment23-€288
Furniture and vehicles24-€22k
Current assets29/58€292k€680k▲
Stocks and contracts in progress3-€659k
Stocks30/36-€659k
Amounts receivable within one year40/41€292k-
Deferred charges and accrued income490/1-€21k
Equity and liabilities
Total equity and liabilities10/49€292k€750k▲
Equity10/15€15k€47k▲
Profit (loss) carried forward14€15k€47k▲
Amounts payable17/49€277k€702k▲
Amounts payable within one year42/48€277k€702k▲
Trade debts44€260k€670k▲
Suppliers440/4-€670k
Taxes, remuneration and social security45-€32k
Taxes450/3-€32k
Income statement
Code20202021
Turnover70€236k-
Remuneration, social security and pensions62-€225k
Other operating charges640/8-€64k
Gross operating margin9900€205k€336k▲
Operating profit (loss)9901€15k€47k▲
Profit (loss) for the period before taxes9903€15k€47k▲
Profit (loss) for the period9904€15k€47k▲
Profit (loss) for the period to be appropriated9905€15k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€47k
Social balance
Average headcount (FTE)9087-224,821.7
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Turnover70 | €236k | - | - |
| Remuneration, social security and pensions62 | - | €225k | - |
| Other operating charges640/8 | - | €64k | - |
| Gross operating margin9900 | €205k | €336k | ▲ 63.9% |
| Operating profit (loss)9901 | €15k | €47k | ▲ 213% |
| Profit (loss) for the period before taxes9903 | €15k | €47k | ▲ 213% |
| Profit (loss) for the period9904 | €15k | €47k | ▲ 213% |
| Profit (loss) for the period to be appropriated9905 | €15k | €47k | ▲ 213% |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €292k | €750k | ▲ 157% |
| Formation expenses20 | - | €47k | - |
| Fixed assets21/28 | - | €23k | - |
| Tangible fixed assets22/27 | - | €23k | - |
| Plant, machinery and equipment23 | - | €288 | - |
| Furniture and vehicles24 | - | €22k | - |
| Current assets29/58 | €292k | €680k | ▲ 133% |
| Stocks and contracts in progress3 | - | €659k | - |
| Stocks30/36 | - | €659k | - |
| Amounts receivable within one year40/41 | €292k | - | - |
| Deferred charges and accrued income490/1 | - | €21k | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €292k | €750k | ▲ 157% |
| Equity10/15 | €15k | €47k | ▲ 213% |
| Profit (loss) carried forward14 | €15k | €47k | ▲ 213% |
| Amounts payable17/49 | €277k | €702k | ▲ 153% |
| Amounts payable within one year42/48 | €277k | €702k | ▲ 153% |
| Trade debts44 | €260k | €670k | ▲ 158% |
| Suppliers440/4 | - | €670k | - |
| Taxes, remuneration and social security45 | - | €32k | - |
| Taxes450/3 | - | €32k | - |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €47k | ▲ 213% |
| Operating cash flow (approximation) | €15k | €47k | ▲ 213% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
27-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 239 days late
2021
23-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Destelbergen · 1 establishment unit since 2020
Ground area
191 m²
Building footprint
270 m²
Volume, LiDAR
1,256 m³
Parcel 44013A0002/02L006, Flanders · tallest building 12.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
E&D
since 20202.300.399.738
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44013A0002/02L006 | Flanders | 191 m² | 1 · 270 m² | 12.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,041 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formLimited partnership
Founded15-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.