e-DR
ActiveSummary
e-DR has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €10,722 and a net result of €79. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 55% of 73 sector peers (NACE 30, financial year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 15-12-2010 Normal situation
- Activity
- Manufacture of other transport equipment NACE 30910and 2 others
- Establishment unit
- 2.194.270.058 2880 Bornem, since 15-12-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 23-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.2%
- Gross margin
- €1,563
- ▲ 101%
- Turnover
- ≈ €12,000
- estimated
- Profit
- €79
- ▼ 56.5%
- Equity
- €10,722
- ▲ 0.7%
- Total assets
- €32,161
- ▲ 15.5%
- 2025 accounts not filed, 94 days past the deadline
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 30-09-2025)1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 accounts latelowers riskFounded in 2010Liquidity: current ratio 1.34, cash €7,728Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 30, micro). It does better than 53% of them on solvency, 45% on liquidity, 47% on profitability and 53% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 6 accounts on average 48 days after the deadline. In the sector (NACE 30), the median for financial year 2024 was 16 days before the deadline, and 30% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 2 November 2026.
Annual accounts 2024 filed on 30-09-2025 PDF all 14 filings
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result for 2024 is 28% higher than in 2023. It is a recovery after the fall in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Manufacture of other transport equipment (NACE 30). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Comparable companies
These companies have the same main activity as e-DR: manufacture of other transport equipment (NACE 30910). They are comparable in size and age: total assets between €34,200 and €270,000, founded between 1962 and 2024.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| e-DR Bornem | 2010 | €32,161 | €10,722 | €1,563 | €79 | 2024 |
| FIVE YARDS Beauvechain | 2011 | €34,215 | €16,150 | €13,797 | €5,569 | 2025 |
| Titan-Buyssens Tielt | 1962 | €90,123 | €83,816 | -€3,237 | -€6,143 | 2025 |
| ISA Motorcycles Hasselt | 2024 | €94,696 | €1,790 | -€2,095 | -€3,210 | 2025 |
| BONAVENTURE JOHAN Veurne | 1991 | €155,898 | €8,187 | €46,019 | -€582 | 2025 |
| MOBI COOP Flémalle | 2023 | €64,662 | €48,075 | €55,976 | -€6,643 | 2025 |
| LEFT OR RIGHT DESIGN Zutendaal | 2016 | €269,913 | €68,333 | €30,148 | €2,937 | 2025 |
They were chosen from the 15 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 10,904 companies had the same profile as e-DR has now. Two years later, 0.7% had gone bankrupt and 95.2% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
The bankruptcy probability of e-DR itself is higher: 1.2% within 12 months. It rests on far more data about e-DR than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for e-DR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,600 | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €348 | €348 | €448 | €1,142 | ▲ 155% |
| Gross operating margin9900 | -€7,094 | €286 | -€2,817 | -€1,800 | €16,456 | €776 | €1,563 | ▲ 101% |
| Operating profit (loss)9901 | -€11,042 | -€62 | -€3,164 | -€2,148 | €16,109 | €328 | €420 | ▲ 28.2% |
| Financial income75/76B | - | - | - | €0 | - | - | - | - |
| Recurring financial income75 | €3,606 | €0 | - | €0 | - | - | - | - |
| Financial charges65/66B | - | - | - | €147 | €127 | €147 | €342 | ▲ 132% |
| Recurring financial charges65 | €245 | €369 | €9 | €147 | €127 | €147 | €342 | ▲ 132% |
| Profit (loss) for the period before taxes9903 | -€7,681 | -€430 | -€3,173 | -€2,295 | €15,982 | €181 | €79 | ▼ 56.5% |
| Income taxes67/77 | - | €0 | - | €0 | - | - | - | - |
| Profit (loss) for the period9904 | -€7,681 | -€430 | -€3,173 | -€2,295 | €15,982 | €181 | €79 | ▼ 56.5% |
| Profit (loss) for the period to be appropriated9905 | -€7,681 | -€430 | -€3,173 | -€2,295 | €15,982 | €181 | €79 | ▼ 56.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €10,309 | €14,818 | €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 | €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 | €3,496 | €3,496 | = |
| Current assets29/58 | €6,813 | €11,323 | €19,084 | €8,396 | €28,828 | €24,349 | €28,665 | ▲ 17.7% |
| Amounts receivable within one year40/41 | €5,905 | €7,865 | €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 | €908 | €3,457 | €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 | €10,309 | €14,818 | €22,580 | €11,891 | €32,324 | €27,845 | €32,161 | ▲ 15.5% |
| Equity10/15 | €379 | -€51 | -€3,224 | -€5,519 | €10,463 | €10,644 | €10,722 | ▲ 0.7% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €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 | -€7,681 | -€8,111 | -€11,284 | -€13,579 | - | - | - | - |
| Amounts payable17/49 | €9,930 | €14,869 | €25,803 | €17,410 | €21,861 | €17,201 | €21,439 | ▲ 24.6% |
| Amounts payable within one year42/48 | €9,930 | €14,869 | €25,803 | €17,410 | €21,861 | €17,201 | €21,439 | ▲ 24.6% |
| Trade debts44 | €4,878 | €4,257 | €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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,681 | -€430 | -€3,173 | -€2,295 | €15,982 | €181 | €79 | ▼ 56.5% |
| + Depreciation and write-downs630 | €3,600 | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€4,081 | -€430 | -€3,173 | -€2,295 | €15,982 | €181 | €79 | ▼ 56.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €2,549 | €2,209 | €2,237 | -€28 | €134 | -€282 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 30-09-2025 | 2025-00514149 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00428436 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00408227 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20370391 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-65000097 | |
| 31-12-2019 | micro format | 09-11-2020 | 2020-70800301 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-60600223 | |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-54800497 | |
| 31-12-2016 | abbreviated format | 29-08-2017 | 2017-53500006 | |
| 31-12-2015 | abbreviated format | 27-07-2016 | 2016-35500181 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 15-03-2024 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DE RIDDER Thijs Frans Lisette |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, 1”
Articles of association, deed of 15-03-2024 (in Dutch)
Network & group
Connections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
15-03
Gazette deed
Resignation: DE RIDDER Thijs Frans Lisette (director)Appointment: DE RIDDER Thijs Frans Lisette (director) · Amendment of the articles · Capital conversion9 points ▸
- General meeting, 22-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutaironbeschikbareeigenvermogensrekening” (deed in Dutch)
- Reserve release, “opheffen, middelenbeschikbaarvooruitkering” (deed in Dutch)
- Purpose change
- Capital
- Other provision, “zesde besluit coördinatie statuten, opdracht aan ondergetekende notaris om coördinatie op te maken en te ondertekenen in overeenstemming met vorig besluit en ne…” (deed in Dutch)
- Director resignation, DE RIDDER Thijs Frans Lisette (director)
- Director appointment, DE RIDDER Thijs Frans Lisette (director (not named in the articles))
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
28 activities
- Aan- en verkoop elektrische aangedreven voertuigen/fietsen en toebehoren;
- Klein en groothandel in alle componenten van elektrische aangedreven voertuigen/fietsen;
- Ontwikkelen van elektrische aangedreven voertuigen/fietsen en hun componenten;
- Klein en groothandel in elektrisch aangedreven voertuigen/fietsen;
- Fabrikant van elektrisch aangedreven voertuigen/fietsen;
- Ombouwen van elektrische voertuigen/fietsen;
- Herstellingen en onderhoud van elektrische voertuigen/fietsen;
- Ontwikkelen van elektrische Drive trains;
- Ontwikkelen van batterijen voor voertuigen en andere energievoorzieningen;
- Klein en groothandel van verkoop van batterijen;
- Klein en groothandel van verkoop van energy storage systems;
- Klein en groothandel van hernieuwbare energie zoals zonnepanelen,windmolens etc;
- Het exploiteren van een werkplaats voor het herstellen van scooters en moto’s;
- Verkoop en herstelling van nieuwe en tweedehands motorrijwielen;
- Kleinhandel in onderdelen voor motorrijwielen,brandstoffen,smeermiddelen en onderhoudsproducten;
- Kleinhandel in motorcrosskledij,accessoires voor baan- en motorcross motorfietsen,helmen en andere beschermartikelen;
- Verkoop en plaatsen van banden;
- Onderhoud en herstelling aan motoren van boten voor de watersport. Het onderhouden en herstellen van boten;
- Verkoop van bootaccessoires;
- Klein en groothandel van karting en toebehoren;
- Onderhoud en herstelling van karts;
- Aan- en verkoop van fietsen en toebehoren;
- Herstelling en onderhoud van fietsen;
- Het waarnemen van opdrachten als bestuurder of vereffenaar in andere vennootschappen. Het optreden als managementvennootschap,het beheren van vennootschappen,het optreden als holding,het verrichten van alle managementactiviteiten van holdings: het deelnemen,onder gelijk welke vorm,aan de oprichting,uitbreiding,omzetting,fusie,opslorping,het bestuur en controle van ondernemingen. Het nemen van belangen,hetzij door deelneming,inbreng of elke andere wijze in alle vennootschappen,ondernemingen of groeperingen,bestaande of op te richten,zowel in België als in het buitenland,die een aanvullend of soortgelijk voorwerp nastreven,of van die aard zijn de ontwikkeling van haar onderneming te bevorderen of de afzet van haar producten of diensten kunnen vergemakkelijken.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten (vruchtgebruik,recht van opstal,erfpacht,…),zoals de huurfinanciering van onroerend goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,het ontwerpen en opvolgen van projecten,en het maken van studies met betrekking tot immobiliën; de aan- en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen; alsmede zich borg stellen voor het goede verloop van verbintenissen,door derde personen aangegaan,die het genot zouden hebben van voormelde roerende en onroerende goederen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop,het beheren van aandelen,aandelenopties,obligaties,kasbons,afgeleide producten of andere roerende waarden,van welke vorm ook,uitgegeven door Belgische of buitenlandse emittenten.
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,in eender welke vorm; het zich borg stellen of aval verlenen,in de meest ruime zin; alle handelsoperaties en financiële operaties verrichten,behalve deze die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen. Het aangaan van leningen of schulden bij derden (met inbegrip van haar vennoten en haar zaakvoerders) en het maken van alle kosten en doen van alle investeringen die zij nodig of wenselijk acht. Het zich borg stellen en/of het verlenen van zakelijke en/of persoonlijke zekerheden tot waarborg van eigen verbintenissen of tot waarborg van verbintenissen van derden,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
- De vennootschap mag ook optreden als bestuurder of adviseur bij vennootschappen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12007C0156/00D000 | Flanders | 3.9 ha | 1 · 2.0 ha | 15.4 m · 4 |