e-DR
ActiveSummary
e-DR has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €10,722 and a net result of €79. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 58% of 76 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability38▼-1
Solvency58▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.42 in 2023; short-term debt: 66.7% and cash: 24% of total assets), and 66.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 30
Relative position
BE, all sectors
reference
Manufacture of other transport equipment (NACE 30)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
33.3%
Return on assets
0.2%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
101 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 48 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 30% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€10,722▲ 0.7%
2023 · €10,644
Total assets
€32,161▲ 15.5%
2023 · €27,845
Net result
€79▼ 56.5%
2023 · €181
Working capital
€7,227▲ 1.1%
2023 · €7,148
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€3,164▼ 5,029%-€2,148▲ 32.1%€16,109€328▼ 98.0%€420▲ 28.2%
Net result-€3,173▼ 638%-€2,295▲ 27.7%€15,982€181▼ 98.9%€79▼ 56.5%
Equity-€3,224▼ 6,256%-€5,519▼ 71.2%€10,463€10,644▲ 1.7%€10,722▲ 0.7%
Total assets€22,580▲ 52.4%€11,891▼ 47.3%€32,324▲ 172%€27,845▼ 13.9%€32,161▲ 15.5%
Debt€25,803▲ 73.5%€17,410▼ 32.5%€21,861▲ 25.6%€17,201▼ 21.3%€21,439▲ 24.6%
Working capital-€6,720▼ 89.5%-€9,015▼ 34.2%€6,967€7,148▲ 2.6%€7,227▲ 1.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 28% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €32,161
Fixed assets
€3,496 =
Current assets
€28,665 ▲ 17.7%
Equity and liabilities €32,161
Equity
€10,722 ▲ 0.7%
Debt
€21,439 ▲ 24.6%
Debt's share of the balance-sheet total rises from 61.8% to 66.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.34▼
2023 · 1.42
Debt to equity
2.00▲
2023 · 1.62
ROE
0.7%▼
2023 · 1.7%
ROA
0.2%▼
2023 · 0.6%
Debt ≤ 1 year
€21,439▲
2023 · €17,201
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,891 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 10,891 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €348 | €348 | €448 | €1,142 | ▲ 155% |
| Gross operating margin9900 | -€2,817 | -€1,800 | €16,456 | €776 | €1,563 | ▲ 101% |
| Operating profit (loss)9901 | -€3,164 | -€2,148 | €16,109 | €328 | €420 | ▲ 28.2% |
| Financial income75/76B | - | €0 | - | - | - | - |
| Recurring financial income75 | - | €0 | - | - | - | - |
| Financial charges65/66B | - | €147 | €127 | €147 | €342 | ▲ 132% |
| Recurring financial charges65 | €9 | €147 | €127 | €147 | €342 | ▲ 132% |
| Profit (loss) for the period before taxes9903 | -€3,173 | -€2,295 | €15,982 | €181 | €79 | ▼ 56.5% |
| Income taxes67/77 | - | €0 | - | - | - | - |
| Profit (loss) for the period9904 | -€3,173 | -€2,295 | €15,982 | €181 | €79 | ▼ 56.5% |
| Profit (loss) for the period to be appropriated9905 | -€3,173 | -€2,295 | €15,982 | €181 | €79 | ▼ 56.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €22,580 | €11,891 | €32,324 | €27,845 | €32,161 | ▲ 15.5% |
| Fixed assets21/28 | €3,496 | €3,496 | €3,496 | €3,496 | €3,496 | = |
| Tangible fixed assets22/27 | - | - | - | - | €0 | - |
| Furniture and vehicles24 | - | - | - | - | €0 | - |
| Financial fixed assets28 | €3,496 | €3,496 | €3,496 | €3,496 | €3,496 | = |
| Current assets29/58 | €19,084 | €8,396 | €28,828 | €24,349 | €28,665 | ▲ 17.7% |
| Amounts receivable within one year40/41 | €13,417 | €202 | €20,663 | €16,049 | €20,648 | ▲ 28.7% |
| Trade receivables40 | - | - | €20,000 | €16,000 | €20,250 | ▲ 26.6% |
| Other amounts receivable41 | - | €202 | €663 | €49 | €398 | ▲ 707% |
| Cash at bank and in hand54/58 | €5,667 | €7,904 | €7,876 | €8,010 | €7,728 | ▼ 3.5% |
| Deferred charges and accrued income490/1 | - | €290 | €290 | €290 | €290 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €22,580 | €11,891 | €32,324 | €27,845 | €32,161 | ▲ 15.5% |
| Equity10/15 | -€3,224 | -€5,519 | €10,463 | €10,644 | €10,722 | ▲ 0.7% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €4,263 | €4,444 | €4,522 | ▲ 1.8% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | €2,403 | €4,444 | €4,522 | ▲ 1.8% |
| Profit (loss) carried forward14 | -€11,284 | -€13,579 | - | - | - | - |
| Amounts payable17/49 | €25,803 | €17,410 | €21,861 | €17,201 | €21,439 | ▲ 24.6% |
| Amounts payable within one year42/48 | €25,803 | €17,410 | €21,861 | €17,201 | €21,439 | ▲ 24.6% |
| Trade debts44 | €1,248 | - | - | €2,266 | €1,278 | ▼ 43.6% |
| Suppliers440/4 | - | - | - | €2,266 | €1,278 | ▼ 43.6% |
| Taxes, remuneration and social security45 | - | - | - | €974 | - | - |
| Taxes450/3 | - | - | - | €974 | - | - |
| Other amounts payable47/48 | - | €17,410 | €21,861 | €13,961 | €20,161 | ▲ 44.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,173 | -€2,295 | €15,982 | €181 | €79 | ▼ 56.5% |
| Operating cash flow (approximation) | -€3,173 | -€2,295 | €15,982 | €181 | €79 | ▼ 56.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €2,237 | -€28 | €134 | -€282 | ▼ 310% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €15,982
Net result €15,982 after 4 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.32
Current ratio from 0.48 to 1.32.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Bornem · 1 establishment unit since 2010
Ground area
3.9 ha
Building footprint
2.0 ha
Volume, LiDAR
236,370 m³
Parcel 12007C0156/00D000, Flanders · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
e-DR
since 20102.194.270.058
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007C0156/00D000 | Flanders | 3.9 ha | 1 · 2.0 ha | 15.4 m · 4 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 22 companies in sector 30910 we hold annual accounts for 16. 8 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-12-2010
Fiscal year end31-12
Activities, NACEBEL 2025
30910Manufacture of other transport equipment
46730Wholesale trade
47830Retail sale of motorcycles and motorcycle parts and accessories
E-invoicing
Reachable via Peppol
Peppol ID
0208:0832017203
Also
9925:BE0832017203
Registered
23-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.