Active BE 0475.007.614Public limited company

ED IMMO

Rue du Parc 18E ·4432 Ans, Belgium· 25 yrs active

Sector: Specialised construction (43240)

Conclusion Checked

The computed 12-month bankruptcy probability of ED IMMO is 0.7% (low). The 2024 annual accounts show equity of €336k and a net result of €3k. Equity is growing by ~64.4% per year across the filed fiscal years. Its solvency ranks better than 74% of 489 sector peers (fiscal year 2024). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.

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

Key figures

Equity	€336k
Net result	€3k
Better than sector	74%
Active	25 yrs

Snowflake analysis 5 axes · computed by Checked

61 / 100

Strong profile, led by stability.

Health 59

Profitability 5

Solvency 64

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.7% Low

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Long track record −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 2001, 25 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

59 / 100 Fair

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 · volledig

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 ~64.4%/year over 7 fiscal years, indicative, assuming unchanged policy.

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 43, Specialised construction · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	54.6%	36.5%	better than 74% of 489 sector peers
Net result	€3k	€19k	better than 29% of 487 sector peers
Equity	€336k	€90k	better than 77% of 489 sector peers
Gross operating margin	€43k	€110k	better than 34% of 459 sector peers
Total assets	€616k	€364k	better than 66% of 489 sector peers

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

EBITDA

€33k

+20.6% +46% vs sector

Net profit

€3k

- -69% vs sector

Cash flow

€21k

+47.0% +63% vs sector

Total assets

€616k

-8.0% +106% vs sector

Equity

€336k

+1.0% +85% vs sector

Working capital

€-12k

+28.5% far below sector median

Income taxes

€22k

- +176% vs sector

Debt

€280k

-16.9% +170% vs sector

Debt ≤ 1y

€22k

-64.4% -78% vs sector

Debt > 1y

€257k

-5.7% 18-24

Current ratio

0.48

-34.9% -83% vs sector

Quick ratio

0.48

-34.9% -83% vs sector

Solvency

54.6%

+9.8% -20% vs sector

Debt / equity

0.83

-17.7% +77% vs sector

ROE

1.0%

- -83% vs sector

ROA

0.6%

- -85% vs sector

Interest coverage

2.43

+15.7% -57% vs sector

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	€33k
Net profit	€3k
Cash flow	€21k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€616k
Equity	€336k
Debt	€280k
of which ≤ 1y	€22k
of which > 1y	€257k
Working capital	€-12k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	0.48
Quick ratio	0.48
Working capital ratio	-1.9%
Solvency	54.6%
Debt / equity	0.83
Long-term debt ratio	0.77
Interest coverage	2.43
Gross margin	-
Net margin	-
ROA	0.6%
ROE	1.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €605k · 98.2% Current assets €11k · 1.8%

Equity & liabilities

Equity €336k · 54.6% Debt €280k · 45.4%

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	€616k
Fixed assets	21/28	€605k
Tangible fixed assets	22/27	€605k
Current assets	29/58	€11k
Amounts receivable within one year	40/41	€7k
Cash & bank	54/58	€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€616k
Equity	10/15	€336k
Contributions / capital	10/11	€87k
Reserves	13	€14k
Accumulated profits (losses)	14	€-81k
Amounts payable	17/49	€280k
Amounts payable after one year	17	€257k
Amounts payable within one year	42/48	€22k
Trade debts payable within one year	44	€5k
Income statement
Gross operating margin	9900	€43k
Operating result	9901	€15k
Financial income	75	€2k
Financial charges	65	€13k
Result before taxes	9903	€3k
Net result for the period	9904	€3k
Result to be appropriated	9905	€3k

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	Specialised construction(43240)
Legal form	Public limited company(014)
Incorporation	15-06-2001
Status	Active
Postal code	4432

Establishment units 1 location

Chemin de la Praye 7, 1420 Braine-l'Alleud

Vervaardiging van motoren en turbines, exclusief motoren voor luchtvaartuigen, motorvoertuigen en bromfietsen

since 20012.094.481.903

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.

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62001B0294/00W005	Wallonia	2,803 m²	1 · 705 m²	-
25743G0168/00F000	Wallonia	1,500 m²	1 · 1,822 m²	7.5 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 12 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 · volledig

2024

29-08-2024

NBB filing Annual accounts filed

fiscal year 2023 · volledig

29-02-2024

State Gazette act Director changes

Philippe DUSART

2023

29-08-2023

NBB filing Annual accounts filed

fiscal year 2022 · volledig

23-01-2023

State Gazette act Director changes

Philippe DUSART

2022

24-06-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

2021

30-08-2021

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

15-09-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

2019

09-09-2019

NBB filing Annual accounts filed

fiscal year 2018 · micro

2018

30-09-2018

NBB filing Annual accounts filed

fiscal year 2017 · micro

2017

11-09-2017

NBB filing Annual accounts filed

fiscal year 2016 · micro

2016

15-08-2016

NBB filing Annual accounts filed

fiscal year 2015 · volledig

Belgisch Staatsblad, acts 2 acts

All acts · 2 updated 2 years ago

2024

29-02-2024 1 director appointed, 3 resigning Director changes·Philippe DUSART

WOLLSEIFEN Martin, Directeur
WOLLSEIFEN Catherine Gisèle Luce, Directeur
DUBRU Arthur Martin Joseph Marc, Directeur
SIMONS Lory Roger Fabien, Directeur

Notary: Philippe DUSART · Liège

Original publication ↗

Technical details

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2023

23-01-2023 4 directors appointed, 2 resigning Director changes·Philippe DUSART

WOLLSEIFEN Catherine Gisèle Luce, Bestuurder
DUBRU Arthur Martin Joseph Marc, Bestuurder
SIMONS Lory Roger Fabien, Bestuurder
WOLLSEIFEN Martin François Joseph Irène, Commissaris
DENIS Michel Christian Serge, Bestuurder
ORTMANS Kathleen Simone Marie Maurice, Bestuurder

Notary: Philippe DUSART · Liège

Original publication ↗

Technical details

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        "country": "BE",
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Company registry (CBE) Crossroads Bank

Activities

Overige bouwinstallatie43240Overige bouwinstallatie, n.e.g.43299

Primary activity highlighted.

Names & trade names

Legal nameFR

ED IMMO

Registered office

Rue du Parc 18E

4432 Ans, Belgium

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

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