e-DR · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of e-DR is 1.0% (low). The 2024 annual accounts show equity of €11k and a net result of €79. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 56% of 36 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.

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

Signals

1 signal · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result 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

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

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.

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 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	30-09-2025	61 d late	2025-00514149
31-12-2023	31-07-2024	30-08-2024	30 d late	2024-00428436
31-12-2022	31-07-2023	31-08-2023	31 d late	2023-00408227
31-12-2021	31-07-2022	31-08-2022	31 d late	2022-20370391
31-12-2020	31-07-2021	31-08-2021	31 d late	2021-65000097
31-12-2019	31-07-2020	09-11-2020	101 d late	2020-70800301
31-12-2018	31-07-2019	30-08-2019	30 d late	2019-60600223
31-12-2017	31-07-2018	31-08-2018	31 d late	2018-54800497
31-12-2016	31-07-2017	29-08-2017	29 d late	2017-53500006
31-12-2015	31-07-2016	27-07-2016	4 d early	2016-35500181

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 2010, 15 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.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

1.0% Low

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Long track record −Annual accounts: weaker financial profile +

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

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€79-56.5%

Working capital€7k+1.1%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · micro

Operating 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 ~36% of the level (threshold 35%). We therefore deliberately show no projection line.

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 30 · compared across all schema types (micro, abbreviated and full combined)

Metric	This company	Sector median	Position in the sector
Solvency	33.3%	25.7%	better than 56% of 36 sector peers
Net result	€79	€287	better than 49% of 36 sector peers
Equity	€11k	€43k	better than 30% of 36 sector peers
Gross operating margin	€2k	€1k	better than 50% of 34 sector peers
Total assets	€32k	€170k	better than 20% of 36 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-7k

- 18-24

Net profit

€79

-56.5% 18-24

Cash flow

€-4k

- 18-24

Total assets

€32k

+15.5% 18-24

Equity

€11k

+0.7% 18-24

Working capital

€7k

+1.1% 18-24

Income taxes

€0

0.0% 18-24

Debt

€21k

+24.6% 18-24

Debt ≤ 1y

€21k

+24.6% 18-24

Current ratio

1.34

-5.5% 18-24

Quick ratio

1.34

-5.5% 18-24

Solvency

33.3%

-12.8% 18-24

Debt / equity

2.00

+23.7% 18-24

ROE

0.7%

-56.8% 18-24

ROA

0.2%

-62.3% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€79
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€32k
Equity	€11k
Debt	€21k
of which ≤ 1y	€21k
of which > 1y	-
Working capital	€7k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.34
Quick ratio	1.34
Working capital ratio	22.5%
Solvency	33.3%
Debt / equity	2.00
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	0.2%
ROE	0.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €3k · 10.9% Current assets €29k · 89.1%

Equity & liabilities

Equity €11k · 33.3% Debt €21k · 66.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€32k
Fixed assets	21/28	€3k
Tangible fixed assets	22/27	€0
Financial fixed assets	28	€3k
Current assets	29/58	€29k
Amounts receivable within one year	40/41	€21k
Cash & bank	54/58	€8k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€32k
Equity	10/15	€11k
Contributions / capital	10/11	€6k
Reserves	13	€5k
Amounts payable	17/49	€21k
Amounts payable within one year	42/48	€21k
Trade debts payable within one year	44	€1k
Income statement
Gross operating margin	9900	€2k
Operating result	9901	€420
Financial charges	65	€342
Result before taxes	9903	€79
Net result for the period	9904	€79
Result to be appropriated	9905	€79

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 2024 · computed

66 / 100 Healthy

050100

Computed from 4 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 2024. Indicative, not credit advice.

Directors

Directors & mandates

1 director

Current directors & mandates

DE RIDDER Thijs Frans Lisette
Director
State Gazette act 24377275 (15-03-2024)

Current
22-12-2023 → present
2 events
- 22-12-2023 Resigned· Director
- 22-12-2023 Appointed· Director

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

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

Legal Structure

NACE primary	Vervaardiging van motorfietsen(30910)
Legal form	Private limited company(610)
Incorporation	15-12-2010
Status	Active
Postal code	2880

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.

Rijksweg(BOR) 192880 Bornem

Establishment units

1 location

e-DR

Rijksweg(BOR) 19, 2880 BornemVervaardiging van motorfietsen

since 20102.194.270.058

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area3.9 ha

Buildings1

Building footprint2.0 ha

Volume (LiDAR)236,370 m³

Tallest building15.4 m · ±4 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.

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.

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

1 acts

All acts · 1 updated 2 years ago

2024

15-03-2024 1 director appointed, 1 resigning Director changes·Johan VAN den NIEUWENHUIZEN

DE RIDDER Thijs Frans Lisette, Bestuurder
DE RIDDER Thijs Frans Lisette, Bestuurder

Notary: Johan VAN den NIEUWENHUIZEN · Bornem

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

62 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 66

Profitability 4

Solvency 60

Growth 78

Stability 100

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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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Credit advice

verdict per customer and amount

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We hold annual accounts for 6 of the 21 companies in this sector. 4 of them are within a factor 10 of this company's equity.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

Vervaardiging van motorfietsen30910Vervaardiging van motorfietsen30910Handelsbemiddeling en groothandel in motorfietsen en delen en toebehoren van motorfietsen45401Detailhandel in en onderhoud en reparatie van motorfietsen en delen en toebehoren van motorfietsen45402Groothandel in motorfietsen, delen en toebehoren van motorfietsen46730Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen47830

Primary activity highlighted.

Names & trade names

Legal nameNL

e-DR

Registered office

Rijksweg(BOR) 19 bus A

2880 Bornem, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.