E.D.CONSTRUCT
ActiveSummary
E.D.CONSTRUCT has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,909 and a net result of -€5,051. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 2,421 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
- Equity
- €11,909
- Loss
- -€5,051
Why 62raises riskLoss of €5,051 (financial year 2025)1 of the last 3 latelowers riskSize: total assets €34,418Founded in 2007Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 37% on solvency, 9% on liquidity and 24% on profitability.
The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 21 days after the deadline; the sector median (NACE 43) for financial year 2023 is 1 day before the deadline, and 44% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Resignation: JAKUPI Ekrem (manager)Appointment: JAKUPI Ekrem (director) ·…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, full format
2020 to 2025, 5 financial years 2018 to 2025, 7 financial years
The operating result is €4,166 in 2025, compared with €14,818 in 2023. Comparable figures for the intervening years are unavailable.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88.1% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,805 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €49,916 | €70,630 | €66,933 | €33,082 | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €568 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €26,108 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €220 | - | €140 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,531 | €6,592 | €3,694 | €1,852 | €2,030 | €1,719 | €1,497 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €10,600 | - |
| Other operating charges640/8 | - | - | - | €989 | €547 | €639 | €387 | - |
| Non-recurring operating charges66A | - | - | - | €110 | - | - | - | - |
| Gross operating margin9900 | €11,998 | €14,033 | €207 | €10,941 | €4,065 | €17,316 | €16,651 | - |
| Operating profit (loss)9901 | -€424 | -€3,221 | -€5,583 | €7,770 | €1,488 | €14,818 | €4,166 | - |
| Financial income75/76B | - | - | - | €2,048 | €158 | €113 | - | - |
| Recurring financial income75 | €0 | €0 | €0 | €66 | €144 | €113 | - | - |
| Non-recurring financial income76B | - | - | - | €1,982 | €14 | - | - | - |
| Financial charges65/66B | - | - | - | €559 | €2,465 | €97 | €8,060 | - |
| Recurring financial charges65 | €491 | €701 | €723 | €559 | €326 | €97 | €60 | - |
| Non-recurring financial charges66B | - | - | - | - | €2,139 | - | €8,000 | - |
| Profit (loss) for the period before taxes9903 | -€914 | -€3,922 | -€6,931 | €9,259 | -€819 | €14,833 | -€3,894 | - |
| Income taxes67/77 | €816 | €1,481 | €414 | €2,793 | €97 | €4,275 | €1,157 | - |
| Profit (loss) for the period9904 | -€1,731 | -€5,403 | -€7,345 | €6,466 | -€916 | €10,558 | -€5,051 | - |
| Profit (loss) for the period to be appropriated9905 | -€1,731 | -€5,403 | -€7,345 | €6,466 | -€916 | €10,558 | -€5,051 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €37,111 | €36,470 | €43,010 | €34,057 | €32,412 | €39,028 | €34,418 | - |
| Fixed assets21/28 | €17,464 | €17,469 | €8,089 | €4,523 | €2,493 | €775 | €13,092 | - |
| Tangible fixed assets22/27 | €17,464 | €17,469 | €8,089 | €4,523 | €2,493 | €775 | €13,092 | - |
| Plant, machinery and equipment23 | - | - | - | €467 | €156 | €47 | €2,428 | - |
| Furniture and vehicles24 | - | - | - | €4,056 | €2,337 | €728 | €10,664 | - |
| Current assets29/58 | €19,647 | €19,002 | €34,921 | €29,534 | €29,919 | €38,254 | €21,326 | - |
| Amounts receivable within one year40/41 | €16,664 | €15,904 | €30,352 | €27,558 | €29,544 | €36,245 | €20,901 | - |
| Trade receivables40 | - | - | - | €25,362 | €26,362 | €33,362 | €15,185 | - |
| Other amounts receivable41 | - | - | - | €2,196 | €3,183 | €2,883 | €5,716 | - |
| Cash at bank and in hand54/58 | €2,983 | €804 | €3,159 | €1,531 | €281 | €1,368 | €271 | - |
| Deferred charges and accrued income490/1 | - | - | - | €446 | €93 | €641 | €154 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €37,111 | €36,470 | €43,010 | €34,057 | €32,412 | €39,028 | €34,418 | - |
| Equity10/15 | €9,913 | €4,511 | -€2,834 | €3,632 | €2,716 | €13,274 | €11,909 | - |
| Contributions10/11 | €9,200 | €9,200 | €9,200 | €9,200 | €9,200 | €9,200 | €9,200 | - |
| Capital10 | - | - | - | €9,200 | €9,200 | €9,200 | €9,200 | - |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | - |
| Uncalled capital101 | - | - | - | €9,400 | €9,400 | €9,400 | €9,400 | - |
| Reserves13 | €122 | €122 | €122 | €122 | €122 | €122 | €122 | - |
| Non-distributable reserves130/1 | - | - | - | €122 | €122 | €122 | €122 | - |
| Legal reserve130 | - | - | - | €122 | €122 | €122 | €122 | - |
| Profit (loss) carried forward14 | €591 | -€4,811 | -€12,156 | -€5,690 | -€6,606 | €3,952 | €2,587 | - |
| Amounts payable17/49 | €27,198 | €31,960 | €45,845 | €30,425 | €29,696 | €25,755 | €22,509 | - |
| Amounts payable after more than one year17 | €7,838 | €9,727 | €5,411 | - | - | - | - | - |
| Amounts payable within one year42/48 | €19,359 | €22,232 | €40,433 | €30,425 | €29,696 | €25,755 | €22,509 | - |
| Current portion of amounts payable after more than one year42 | - | - | - | €1,763 | - | - | - | - |
| Trade debts44 | €2,456 | €1,970 | €6,512 | €1,563 | €2,935 | €2,395 | €3,788 | - |
| Suppliers440/4 | - | - | - | €1,563 | €2,935 | €2,395 | €3,788 | - |
| Taxes, remuneration and social security45 | - | - | - | €2,793 | €3,071 | €4,275 | €2,541 | - |
| Taxes450/3 | - | - | - | €2,793 | €3,071 | €4,275 | €2,541 | - |
| Other amounts payable47/48 | - | - | - | €24,307 | €23,691 | €19,085 | €16,180 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,731 | -€5,403 | -€7,345 | €6,466 | -€916 | €10,558 | -€5,051 | - |
| + Depreciation and write-downs630 | €8,531 | €6,592 | €3,694 | €1,852 | €2,030 | €1,719 | €1,497 | - |
| Operating cash flow (approximation) | €6,800 | €1,190 | -€3,651 | €8,318 | €1,114 | €12,277 | -€3,554 | - |
| Investment in fixed assets (approximation) | - | -€6,597 | €5,685 | €1,714 | €0 | €0 | - | - |
| Change in cash | - | -€2,179 | €2,355 | -€1,629 | -€1,249 | €1,087 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 18-07-2026 | 2026-00308650 |
| 31-12-2023 | micro format | 05-09-2024 | 2024-00451846 |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00402295 |
| 31-12-2021 | micro format | 12-09-2022 | 2022-20428406 |
| 31-12-2020 | micro format | 27-09-2021 | 2021-68500315 |
| 31-12-2019 | micro format | 09-09-2020 | 2020-51900317 |
| 31-12-2018 | micro format | 11-06-2019 | 2019-18600349 |
| 31-12-2017 | micro format | 29-08-2018 | 2018-60100191 |
| 31-12-2016 | full format | 16-06-2017 | 2017-18200127 |
| 31-12-2015 | full format | 17-08-2016 | 2016-43500185 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| JAKUPI Ekrem |
|
Owners and capital
Capital and shareholders
- 06-03-2026 Converted to unavailable equity · €9,322
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
06-03
Gazette deed
Resignation: JAKUPI Ekrem (manager)Appointment: JAKUPI Ekrem (director) · Legal-form conversion · Capital conversion11 facts ▸
- Legal-form conversion, “Société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “suppression du compte de capitaux propres statutairement indisponible, moyens rendus disponibles pour distribution” (deed in French)
- Declaration, “dispense de versement du capital non libéré, l'assemblée générale dispense expressément l'actionnaire du versement de la partie du capital souscrit et non libér…” (deed in French)
- Other provision, “double test de solvabilité et liquidité, le notaire instrumentant attire l'attention du comparant sur l'exigence d'un double test, dit de solvabilité et liquidi…” (deed in French)
- Amendment of the articles
- Capital
- Registered office clause, “5100 Wépion, ville de Namur, rue Armand de Wasseige 30” (deed in French)
- Director resignation, JAKUPI Ekrem (manager)
- Director appointment, JAKUPI Ekrem (director)
- Power of attorney
About the unread acts
Of the 10 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 18 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0892.076.534
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92135D0614/00A000 | Wallonia | 211 m² | 1 · 58 m² | 11.0 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Distribuer à ses actionnaires un avantage patrimonial directe ou indirect; La création et l’entretien de jardins, de parcs et d’espaces…” (deed in French)
36 activities (deed in French)
- Distribuer à ses actionnaires un avantage patrimonial directe ou indirect
- La création et l’entretien de jardins, de parcs et d’espaces verts pour installations sportives
- Le déblayage des chantiers
- Terrassements
- La construction de tunnels routiers et ferroviaires et d’autres passages souterrains
- La réalisation de canalisations à longue distance, construction de réseaux de télécommunication, construction de lignes de transport d’énergie
- Autres travaux de construction spécialisés
- Pose de chape
- Montage et démontage d’échafaudages et de platesformes de travail
- L’exécution de travaux de rejointoiement
- Travaux d’isolation
- Autres travaux d’installation
- Le nettoyage à la vapeur, le sablage et les activités analogues appliquées aux parties extérieures des bâtiments
- Le nettoyage de bâtiments nouveaux et la remise en état des lieux après travaux
- Les autres travaux d’achèvement et de finition des bâtiments non définis ailleurs
- Cimentage de façade
- Crépis
- Plafonnage
- Réparation de plateformes & corniches
- Mise en œuvre dans des bâtiments ou d'autres projets de construction de: matériaux d'isolation thermique, matériaux d'isolation acoustique et anti vibratile
- Les travaux d'isolation de canalisations de chauffage ou de réfrigération
- Mise en place de fondations, y compris le battage de pieux
- Montage et démontage d'échafaudages et de platesformes de travail
- L'exécution pour les tiers de travaux de levage
- Travaux de plomberie, travaux de menuiserie, pose de carrelages de sols et de murs, (p.e. placements des chalets, terrasses, …)
- Maçonnerie
- Ramonage des cheminées et le nettoyage des âtres, des fourneaux, des incinérateurs, des chaudières, des gaines de ventilation et des dispositifs d'évacuation de fumées
- Commerce de gros et de détail et réparation véhicules automobiles et de motocycles
- Commerce de gros de véhicules automobiles pour le transport des personnes, y compris les véhicules automobiles spéciaux (p.ex. ambulances), neufs ou usagés
- Intermédiaires de commerce en automobiles et autres véhicules automobiles légers
- Commerce de gros d'autres véhicules automobiles ( > 3,5 tonnes )
- Transports routiers de fret et services de déménagement
- Transport de marchandises par route : transport de bois de sciage, de bétail, de voit., de déchets, transport frigorifique, transport lourd international, transport en vrac, y compris par camionsciternes
- Entreposage et services auxiliaires des transports
- Activités des commissionnaires de transport qui concluent pour compte propre des contrats de transport de marchandises mais font effectuer le transport par des tiers
- Autres activités annexes de l'organisation du transport de fret
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, peut être transféré en tout endroit de la Région Wallonne ou de la Région de Bruxelles-Capitale par simple décision de…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “L'assemblée qui nomme le ou les administrateurs fixe leur nombre, la durée de leur mandat et, en cas de pluralité, leurs pouvoirs. A défaut…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Les droits afférents aux actions sont exercés par les héritiers et légataires régulièrement saisis ou envoyés en possession…” (deed in French)“Conformément à l'article 1:32. CSA” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Les actions doivent être libérées à leur émission, en cas d’actionnaire unique-administrateur, ce dernier détermine librement, au fur et à…” (deed in French)“L’ouverture de la souscription avec droit de préférence ainsi que son délai d’exercice sont fixés par l’organe qui procède à l’émission et…” (deed in French)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed