EBL
ActiveSummary
EBL has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€429) and a net result of -€8,066. Equity is growing by ~27.6% per year across the filed fiscal years. Its solvency ranks better than 9% of 28254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▼-56
Solvency25▼-9
Growth77▼-8
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.53 against 1.02 in 2024; short-term debt: 98.4% and cash: 18.6% of total assets), and equity is negative.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 2025Solvency, return and age of the figures
Solvency
-0.4%
Return on assets
-6.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€429
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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
19 d late
2024
28 d late
2023
19 d late
2022
21 d late
2021
25 d late
2020
25 d late
2019
54 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 27 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#4 oldest company in Neupré, Construction sector
Turnover
€107,336▼ 21.8%
2024 · €137,186
EBIT margin
-5.4%▼ 19.0pp
2024 · 13.6%
Net result
-€8,066
2024 · €18,179
Working capital
-€54,912
2024 · €1,056
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€130,687▼ 15.8%€122,511▼ 6.3%€125,913▲ 2.8%€137,186▲ 9.0%€107,336▼ 21.8%
Operating result€11,628€8,384▼ 27.9%-€2,412€18,645-€5,818
Net result€11,834within the sector's middle half€8,897within the sector's middle half▼ 24.8%-€3,529below the sector's middle half€18,179within the sector's middle half-€8,066below the sector's middle half
EBIT margin8.9%▲ 14.7pp6.8%▼ 2.1pp-1.9%▼ 8.8pp13.6%▲ 15.5pp-5.4%▼ 19.0pp
Equity-€15,910below the sector's middle half▲ 42.7%-€7,013below the sector's middle half▲ 55.9%-€10,542below the sector's middle half▼ 50.3%€7,637below the sector's middle half-€429below the sector's middle half
Total assets€75,619within the sector's middle half▲ 54.0%€64,941below the sector's middle half▼ 14.1%€67,170within the sector's middle half▲ 3.4%€80,884within the sector's middle half▲ 20.4%€119,647within the sector's middle half▲ 47.9%
Debt€91,529▲ 19.1%€71,954▼ 21.4%€77,712▲ 8.0%€73,247▼ 5.7%€120,076▲ 63.9%
Working capital-€28,050below the sector's middle half▲ 43.4%-€7,992below the sector's middle half▲ 71.5%-€16,914below the sector's middle half▼ 112%€1,056below the sector's middle half-€54,912below the sector's middle half
Solvency-21.0%below the sector's middle half▲ 35.5pp-10.8%below the sector's middle half▲ 10.2pp-15.7%below the sector's middle half▼ 4.9pp9.4%below the sector's middle half▲ 25.1pp-0.4%below the sector's middle half▼ 9.8pp
Current ratio0.69below the sector's middle half▲ 0.360.89below the sector's middle half▲ 0.200.73below the sector's middle half▼ 0.161.02below the sector's middle half▲ 0.290.53below the sector's middle half▼ 0.48
Return on assets (ROA)15.6%within the sector's middle half▲ 29.7pp13.7%within the sector's middle half▼ 1.9pp-5.3%below the sector's middle half▼ 19.0pp22.5%above the sector's middle half▲ 27.7pp-6.7%below the sector's middle half▼ 29.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5,818 after €18,645 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119,647
Fixed assets
€56,886 ▲ 258%
Current assets
€62,761 ▼ 3.4%
Key figures and ratios
EBITDA
€5,935▼
2024 · €29,415
Cash flow
€3,687▼
2024 · €28,949
Interest coverage
3.80▼
2024 · 20.01
Debt ≤ 1 year
€117,673▲
2024 · €63,927
Debt > 1 year
€2,403▼
2024 · €9,320
Income taxes
€762
Equity ratios withheld: equity of -€429 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,799 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
1.9%
went bankrupt
5.9%
stopped otherwise
90%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,662 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% | 1.7% |
| 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 75% 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 2,799 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €130,687 | €122,511 | €125,913 | €137,186 | €107,336 | ▼ 21.8% |
| Goods, raw materials, services and sundry goods60/61 | €107,289 | €102,052 | €119,310 | €107,771 | €101,401 | ▼ 5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,770 | €12,075 | €7,036 | €10,770 | €11,753 | ▲ 9.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €1,979 | - | - | - |
| Gross operating margin9900 | €23,398 | €20,459 | €6,603 | €29,415 | €5,935 | ▼ 79.8% |
| Operating profit (loss)9901 | €11,628 | €8,384 | -€2,412 | €18,645 | -€5,818 | ▼ 131% |
| Financial income75/76B | €498 | €845 | €420 | €1,004 | €76 | ▼ 92.4% |
| Recurring financial income75 | €2 | €469 | €420 | €26 | €76 | ▲ 192% |
| Non-recurring financial income76B | €496 | €376 | €420 | €978 | - | - |
| Financial charges65/66B | €292 | €332 | €1,537 | €1,470 | €1,562 | ▲ 6.3% |
| Recurring financial charges65 | €292 | €332 | €1,537 | €1,470 | €1,562 | ▲ 6.3% |
| Profit (loss) for the period before taxes9903 | €11,834 | €8,897 | -€3,529 | €18,179 | -€7,304 | ▼ 140% |
| Income taxes67/77 | - | - | - | - | €762 | - |
| Profit (loss) for the period9904 | €11,834 | €8,897 | -€3,529 | €18,179 | -€8,066 | ▼ 144% |
| Profit (loss) for the period to be appropriated9905 | €11,834 | €8,897 | -€3,529 | €18,179 | -€8,066 | ▼ 144% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €75,619 | €64,941 | €67,170 | €80,884 | €119,647 | ▲ 47.9% |
| Fixed assets21/28 | €12,140 | €979 | €22,193 | €15,901 | €56,886 | ▲ 258% |
| Tangible fixed assets22/27 | €11,770 | €609 | €21,823 | €15,531 | €56,516 | ▲ 264% |
| Land and buildings22 | - | - | €2,502 | - | - | - |
| Plant, machinery and equipment23 | €172 | €609 | €19,321 | €5,871 | €5,116 | ▼ 12.9% |
| Furniture and vehicles24 | €11,598 | - | - | €9,660 | €51,400 | ▲ 432% |
| Financial fixed assets28 | €370 | €370 | €370 | €370 | €370 | = |
| Current assets29/58 | €63,479 | €63,962 | €44,977 | €64,983 | €62,761 | ▼ 3.4% |
| Amounts receivable within one year40/41 | €36,478 | €55,135 | €12,195 | €25,427 | €40,551 | ▲ 59.5% |
| Trade receivables40 | €34,210 | €54,350 | €8,380 | €23,296 | €27,611 | ▲ 18.5% |
| Other amounts receivable41 | €2,268 | €785 | €3,815 | €2,131 | €12,940 | ▲ 507% |
| Cash at bank and in hand54/58 | €27,001 | €8,827 | €32,782 | €39,556 | €22,210 | ▼ 43.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €75,619 | €64,941 | €67,170 | €80,884 | €119,647 | ▲ 47.9% |
| Equity10/15 | -€15,910 | -€7,013 | -€10,542 | €7,637 | -€429 | ▼ 106% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€34,510 | -€25,613 | -€29,142 | -€10,963 | -€19,029 | ▼ 73.6% |
| Amounts payable17/49 | €91,529 | €71,954 | €77,712 | €73,247 | €120,076 | ▲ 63.9% |
| Amounts payable after more than one year17 | - | - | €15,821 | €9,320 | €2,403 | ▼ 74.2% |
| Financial debts170/4 | - | - | €15,821 | €9,320 | €2,403 | ▼ 74.2% |
| Amounts payable within one year42/48 | €91,529 | €71,954 | €61,891 | €63,927 | €117,673 | ▲ 84.1% |
| Financial debts43 | €2,062 | - | €6,111 | €5,975 | €6,917 | ▲ 15.8% |
| Credit institutions430/8 | €2,062 | - | €6,111 | €5,975 | €6,917 | ▲ 15.8% |
| Trade debts44 | €17,650 | €5,396 | €14,831 | €12,883 | €73,525 | ▲ 471% |
| Suppliers440/4 | €17,650 | €5,396 | €14,831 | €12,883 | €73,525 | ▲ 471% |
| Taxes, remuneration and social security45 | €135 | €135 | €547 | €547 | €705 | ▲ 28.9% |
| Taxes450/3 | €135 | €135 | €547 | €547 | €705 | ▲ 28.9% |
| Other amounts payable47/48 | €71,682 | €66,423 | €40,402 | €44,522 | €36,526 | ▼ 18.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,834 | €8,897 | -€3,529 | €18,179 | -€8,066 | ▼ 144% |
| + Depreciation and write-downs630 | €11,770 | €12,075 | €7,036 | €10,770 | €11,753 | ▲ 9.1% |
| Operating cash flow (approximation) | €23,604 | €20,972 | €3,507 | €28,949 | €3,687 | ▼ 87.3% |
| Investment in fixed assets (approximation) | - | -€914 | -€28,250 | -€4,478 | -€52,738 | ▼ 1,078% |
| Change in cash | - | -€18,174 | €23,955 | €6,774 | -€17,346 | ▼ 356% |
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
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €18,179
Net result €18,179 after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Back to profitnet €11,834
Net result €11,834 after 3 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 54 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Neupré · 1 establishment unit since 2001
Ground area
1,049 m²
Building footprint
235 m²
Volume, LiDAR
1,031 m³
Parcel 62090A0202/00L000, Wallonia · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
EBL
since 20012.131.708.226
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62090A0202/00L000 | Wallonia | 1,049 m² | 1 · 235 m² | 5.6 m · 1 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 9,536 companies in sector 43222 we hold annual accounts for 5,669. 2,132 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
Founded23-06-1993
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43320Joinery installation
43331Floor and wall tiling
43332Laying of wooden floor and wall coverings
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0450346749
Also
9925:BE0450346749
Registered
01-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.