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E.D.CONSTRUCT

Active
Rue Armand de Wasseige(WP) 30 ·5100 Namur, Belgium
KBO/BCE: BE 0892.076.534
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Age18 yrs
Real estate1 parcel · 211 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of E.D.CONSTRUCT is 1.4% (low). The 2025 annual accounts show equity of €12k and a net result of €-5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 44% of 9100 sector peers (fiscal year 2023). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.4% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Annual accounts: weaker financial profile +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Growing equity
Equity grew over 2021-2023. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-07-2026, 13 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 18-07-2026 13 d early 2026-00308650
31-12-2023 31-07-2024 05-09-2024 36 d late 2024-00451846
31-12-2022 31-07-2023 30-08-2023 30 d late 2023-00402295
31-12-2021 31-07-2022 12-09-2022 43 d late 2022-20428406
31-12-2020 31-07-2021 27-09-2021 58 d late 2021-68500315
31-12-2019 31-07-2020 09-09-2020 40 d late 2020-51900317
31-12-2018 31-07-2019 11-06-2019 50 d early 2019-18600349
31-12-2017 31-07-2018 29-08-2018 29 d late 2018-60100191
31-12-2016 31-07-2017 16-06-2017 45 d early 2017-18200127
31-12-2015 31-07-2016 17-08-2016 17 d late 2016-43500185

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Established
Founded in 2007, 18 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

Turnover€33k-50.6%
EBIT margin23.5%+31.8pp
Net result€-5k
Working capital€-1k

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 18-07-2026 with the NBB · fiscal year 2025 · volledig
€-20k€0€20k€40k€60kRevenue 2020: €67k€67kOperating result 2020: €-6k€-6kNet result 2020: €-12k€-12kRevenue 2021: €33k€33kOperating result 2021: €8k€8kNet result 2021: €6k€6kOperating result 2022: €1k€1kNet result 2022: €-916€-916Operating result 2023: €15k€15kNet result 2023: €11k€11kOperating result 2025: €4k€4kNet result 2025: €-5k€-5k20202021202220232025
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~159% of the level (threshold 35%). We therefore deliberately show no projection line.
€-20k€-10k€0€10k2018: €5912019: €-5k2020: €-12k2021: €6k2022: €-9162023: €11k2025: €-5k2018201920202021202220232025
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2023 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 34.0% 38.7%
better than 44% of 9100 sector peers
Net result €11k €12k
better than 47% of 9085 sector peers
Equity €13k €30k
better than 28% of 9106 sector peers
Gross operating margin €17k €33k
better than 31% of 9074 sector peers
Staff costs €140 €26k
higher than 7% of 3340 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P44
2020: P10 · n=16332021: P18 · n=35492022: P14 · n=65332023: P44 · n=91002020 2023
Improving position over 2020-2023 · n=1633-9100
Net result P47
2020: P14 · n=16262021: P39 · n=35402022: P16 · n=65182023: P47 · n=90852020 2023
Improving position over 2020-2023 · n=1626-9085
Equity P28
2020: P11 · n=16352021: P15 · n=35522022: P12 · n=65392023: P28 · n=91062020 2023
Improving position over 2020-2023 · n=1635-9106
Gross operating margin P31
2020: P10 · n=16242021: P25 · n=35402022: P13 · n=65122023: P31 · n=90742020 2023
Improving position over 2020-2023 · n=1624-9074
Describes the position versus peers, not a forecast.
Revenue
€33k
-50.6% 18-25
EBITDA
€6k
-65.8% 18-25
Net profit
€-5k
- 18-25
Cash flow
€-4k
- 18-25
Total assets
€34k
-11.8% 18-25
Equity
€12k
-10.3% 18-25
Working capital
€-1k
- 18-25
Staff costs
€140
-36.4% 18-25
Income taxes
€1k
-72.9% 18-25
Debt
€23k
-12.6% 18-25
Debt ≤ 1y
€23k
-12.6% 18-25
Debt > 1y
€5k
-44.4% 18-25
Current ratio
0.95
-36.2% 18-25
Quick ratio
0.95
-36.2% 18-25
Solvency
34.6%
+1.7% 18-25
Debt / equity
1.89
-2.6% 18-25
ROE
-42.4%
- 18-25
ROA
-14.7%
- 18-25
Net margin
19.5%
- 18-25
EBITDA margin
29.1%
- 18-25
Interest coverage
93.66
-44.8% 18-25
Figures by fiscal year
Fiscal year2025
Depositvolledig
Revenue-
EBITDA€6k
Net profit€-5k
Cash flow€-4k
Staff costs-
Income taxes€1k
Dividends-
Total assets€34k
Equity€12k
Debt€23k
of which ≤ 1y€23k
of which > 1y-
Working capital€-1k
Employees (FTE)-
Ratios (computed)
2025
Current ratio0.95
Quick ratio0.95
Working capital ratio-3.4%
Solvency34.6%
Debt / equity1.89
Long-term debt ratio-
Interest coverage93.66
Gross margin-
Net margin-
ROA-14.7%
ROE-42.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€34k
Fixed assets 21/28€13k
Tangible fixed assets 22/27€13k
Current assets 29/58€21k
Amounts receivable within one year 40/41€21k
Cash & bank 54/58€271
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€34k
Equity 10/15€12k
Contributions / capital 10/11€9k
Reserves 13€122
Accumulated profits (losses) 14€3k
Amounts payable 17/49€23k
Amounts payable within one year 42/48€23k
Trade debts payable within one year 44€4k
Income statement
Gross operating margin 9900€17k
Operating result 9901€4k
Financial charges 65€60
Result before taxes 9903€-4k
Income taxes 67/77€1k
Net result for the period 9904€-5k
Result to be appropriated 9905€-5k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
38 / 100 Weak
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Directors

Directors & mandates

3 directors
Historic, not recently confirmed (1)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • PILKA Atiye
    Managing director
    State Gazette act 11160461 (24-10-2011)
    Not recently confirmed
    last confirmed in an act from 2011
Former directors (2)
  • JAKUPI Redzep
    Manager
    State Gazette act 19123506 (16-09-2019)
    Former
    01-10-2019 → 31-07-2020
    2 events
    • 31-07-2020 Resigned· Director
    • 01-10-2019 Appointed· Manager
  • NEBIU Kamer
    Managing director
    State Gazette act 19310910 (15-03-2019)
    Former
    11-03-2019 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Statutory auditor

2 auditors
Statutory auditor IRE/IBR number Tenure
JAKUPI Ekrem
Statutory auditor
 - 30-07-2019 → 30-07-2019
NEBIU Kamer
Statutory auditor
 - 11-03-2019 → 30-06-2019
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Overige werkzaamheden in verband met de afwerking van gebouwen(43350)
Legal form Private limited company(610)
Incorporation17-09-2007
StatusActive
Postal code5100

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue Armand de Wasseige(WP) 305100 Namur

Establishment units

1 location
ANKEMO FACADES SPRL
Rue Armand de Wasseige(WP) 30, 5100 Namuraanleggen en onderhouden van tuinen, parken en het groene gedeelte van sportvelden.
since 20072.165.539.450
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area211 m²
Buildings1
Building footprint58 m²
Volume (LiDAR)566 m³
Tallest building11.0 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92135D0614/00A000 Wallonia 211 m² 1 · 58 m² 11.0 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

6 acts
All acts · 6 updated 5 months ago
2026
06-03-2026 1 director appointed, 1 resigning Director changes·Antoine DECLAIRFAYT
  • JAKUPI Ekrem, Bestuurder
  • JAKUPI Ekrem, Zaakvoerder
Notary: Antoine DECLAIRFAYT · Assesse
2021
10-02-2021 JAKUPI Redzep resigns as director Director changes
  • JAKUPI Redzep, Bestuurder
Summary: v3.2
2019
16-09-2019 JAKUPI Redzep appointed as manager Director changes
  • JAKUPI Redzep, Zaakvoerder
Summary: v3.2
30-07-2019 1 director appointed, 1 resigning Director changes
  • JAKUPI Ekrem, Commissaris
  • NEBIU Kamer, Commissaris
Summary: v3.2
15-03-2019 NEBIU Kamer appointed as statutory auditor Director changes
  • NEBIU Kamer, Commissaris
Summary: v3.2
2011
24-10-2011 PILKA Atiye appointed as managing director Director changes
  • PILKA Atiye, Gedelegeerd bestuurder
Summary: v3.2

Analysis

Snowflake analysis

financial profile on 5 axes
Health38Profitability0Solvency53Growth35Stability100
45 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 38
Profitability 0
Solvency 53
Growth 35
Stability 100

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 635 of the 7,230 companies in this sector. 535 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390Overige werkzaamheden in verband met de afwerking van gebouwen45450Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Overige gespecialiseerde werkzaamheden in de bouw45250
Primary activity highlighted.
Names & trade names
Legal nameFR E.D.CONSTRUCT
Registered office
Rue Armand de Wasseige(WP) 30
5100 Namur, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.