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Complete company report
Generated 26-07-2026
Active BE 0446.956.105Public limited company

E.D.L.

Sint-Katriensteenweg 59 ·8520 Kuurne, Belgium· 34 yrs active
Sector: NACE 42219 (42219)
Conclusion Checked

The computed 12-month bankruptcy probability of E.D.L. is 0.3% (very low). The 2024 annual accounts show equity of €915k and a net result of €42k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 78% of 83 sector peers (fiscal year 2024). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €915k
Net result €42k
Staff (FTE) 7.6
Better than sector 78%
Snowflake analysis 5 axes · computed by Checked
Health83Profitability23Solvency98Growth78Stability100
76 / 100

Exceptional profile, strong across almost every axis.

Health 83
Profitability 23
Solvency 98
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.3% Very low
0%0,5%1,5%4%10%≥25%
Long track record −Higher-failure-rate sector +Lower-risk legal form −

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

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 1992, 34 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
83 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 12-08-2025 with the NBB · fiscal year 2024 · verkort
€0€50k€100k€150k€200kOperating result 2020: €181k€181kNet result 2020: €91k€91kOperating result 2021: €77k€77kNet result 2021: €54k€54kOperating result 2022: €130k€130kNet result 2022: €110k€110kOperating result 2023: €94k€94kNet result 2023: €62k€62kOperating result 2024: €91k€91kNet result 2024: €42k€42k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~7.5%/year over 7 fiscal years, indicative, assuming unchanged policy.
€600k€800k€1.00M€1.20M2025: €1.03M (€955k - €1.10M)2026: €1.09M (€1.01M - €1.16M)2027: €1.14M (€1.07M - €1.22M)2018: €631k2019: €645k2020: €741k2021: €765k2022: €860k2023: €923k2024: €915k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
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 2024 · NACE 42 · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 60.3% 31.8%
better than 78% of 83 sector peers
Net result €42k €22k
better than 60% of 83 sector peers
Equity €915k €140k
better than 89% of 83 sector peers
Gross operating margin €730k €184k
better than 78% of 82 sector peers
Staff costs €482k €356k
higher than 69% of 51 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€238k
-11.4% +3% vs sector
Net profit
€42k
-32.2% -40% vs sector
Cash flow
€189k
-20.1% ≈ vs sector
Total assets
€1.52M
-11.5% +22% vs sector
Equity
€915k
-0.8% +187% vs sector
Working capital
€590k
+8.5% +221% vs sector
Employees (FTE)
8
-3.8% +36% vs sector
Staff costs
€482k
-16.9% +14% vs sector
Income taxes
€19k
-3.9% ≈ vs sector
Dividends
€50k
+66.7% ≈ vs sector
Debt
€602k
-23.7% ≈ vs sector
Debt ≤ 1y
€355k
-23.0% -34% vs sector
Debt > 1y
€232k
-27.5% ≈ vs sector
Current ratio
2.66
+22.1% +122% vs sector
Quick ratio
1.85
+48.2% +76% vs sector
Solvency
60.3%
+12.1% +75% vs sector
Debt / equity
0.66
-23.0% -66% vs sector
ROE
4.6%
-31.7% -78% vs sector
ROA
2.8%
-23.4% -62% vs sector
Interest coverage
6.16
-44.6% -59% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€238k
Net profit€42k
Cash flow€189k
Staff costs€482k
Income taxes€19k
Dividends€50k
Total assets€1.52M
Equity€915k
Debt€602k
of which ≤ 1y€355k
of which > 1y€232k
Working capital€590k
Employees (FTE)7.6
Ratios (computed)
2024
Current ratio2.66
Quick ratio1.85
Working capital ratio38.9%
Solvency60.3%
Debt / equity0.66
Long-term debt ratio0.25
Interest coverage6.16
Gross margin-
Net margin-
ROA2.8%
ROE4.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1.52M
Fixed assets 21/28€573k
Tangible fixed assets 22/27€571k
Financial fixed assets 28€1k
Current assets 29/58€945k
Stocks & contracts in progress 3€290k
Amounts receivable within one year 40/41€477k
Investments 50/53€25k
Cash & bank 54/58€134k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.52M
Equity 10/15€915k
Contributions / capital 10/11€245k
Reserves 13€670k
Provisions & deferred taxes 16€1k
Amounts payable 17/49€602k
Amounts payable after one year 17€232k
Amounts payable within one year 42/48€355k
Trade debts payable within one year 44€181k
Income statement
Gross operating margin 9900€730k
Operating result 9901€91k
Financial income 75€5k
Financial charges 65€39k
Result before taxes 9903€57k
Income taxes 67/77€19k
Net result for the period 9904€42k
Result to be appropriated 9905€53k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary 42219
Legal form Public limited company(014)
Incorporation01-01-1992
StatusActive
Postal code8520
Establishment units 1 location
E.D.L.
Sint-Katriensteenweg 59, 8520 KuurneVervaardiging van elektromotoren en van elektrische generatoren en transformatoren
since 19922.057.450.469
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34023A0309/00K000 Flanders 1,963 m² 1 · 1,029 m² -
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.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
12-08-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
28-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
30-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
24-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
17-03-2022
State Gazette act Director changes
2021
31-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
13-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
08-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
24-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
19-07-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
28-07-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 4 years ago
2022
17-03-2022 4 reappointed Director changes
  • Dirk Depuydt, Bestuurder
  • Myriame Vandamme, Bestuurder
  • Dominique Depuydt, Bestuurder
  • Dirk Depuydt, Gedelegeerd bestuurder
Technical details 
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Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Vervaardiging van schakel- en verdeelinrichtingen27120Vervaardiging van schakel- en verdeelinrichtingen27120Vervaardiging van schakel- en verdeelinrichtingen31200Bouw van civieltechnische werken voor vloeistoffen, n.e.g.42219Bouw van civieltechnische werken voor vloeistoffen, neg42219Elektrische installatie45310Bouw van civieltechnische werken voor elektriciteit en telecommunicatie42220Bouw van civieltechnische werken voor elektriciteit en telecommunicatie42220Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen45215Vervoer via pijpleidingen49500Vervoer via pijpleidingen49500
Primary activity highlighted.
Names & trade names
Legal nameNL E.D.L.
Registered office
Sint-Katriensteenweg 59
8520 Kuurne, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative