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EDBR

Active
Private limited companyfounded 2024active for 2 yearsSart d'Avette 140, 4400 Flémalle, BelgiumKBO/BCE: BE 1011.133.740
Summary

EDBR has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,409 and a net result of €6,019. Its solvency ranks better than 71% of 346 sector peers (NACE 35, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, abbreviated format

Equity
€13,409▲ 81.5%
2024 · €7,390
Total assets
€23,710▲ 221%
2024 · €7,390
Net result
€6,019
2024 · -€2,610
Working capital
€6,274
Trend over the years

2024 to 2025, 2 financial years

The operating result returns to profit in 2025: €7,088 after a loss of €2,598 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€7,088 2025 Net result€6,019 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 35, Electricity, gas, steam and air conditioning supply: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Solvency, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€2,598-€7,088
Net result-€2,610within the sector's middle half-€6,019within the sector's middle half
Equity€7,390below the sector's middle half-€13,409below the sector's middle half▲ 81.5%
Total assets€7,390below the sector's middle half-€23,710below the sector's middle half▲ 221%
Debt€10,301
Working capital€6,274within the sector's middle half
Solvency100.0%above the sector's middle half-56.6%within the sector's middle half▼ 43.4pp
Current ratio1.61within the sector's middle half
Return on assets (ROA)-35.3%below the sector's middle half-25.4%above the sector's middle half▲ 60.7pp
above within below the middle half of NACE 35, Electricity, gas, steam and air conditioning supply: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
Assets €23,710
Fixed assets €7,135
Current assets €16,575
Equity and liabilities €23,710
Equity €13,409
Debt €10,301
Debt finances 43.4% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€7,746
Cash flow
€6,677
Debt to equity
0.77
ROE
44.9%▲
2024 · -35.3%
Interest coverage
71.31
Debt ≤ 1 year
€10,301
Income taxes
€960
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€7,390€23,710▲
Fixed assets21/28-€7,135
Tangible fixed assets22/27-€7,135
Plant, machinery and equipment23-€7,135
Current assets29/58€7,390€16,575▲
Amounts receivable within one year40/41€401€2,767▲
Trade receivables40-€2,767
Other amounts receivable41€401€0▼
Cash at bank and in hand54/58€6,989€13,808▲
Equity and liabilities
Total equity and liabilities10/49€7,390€23,710▲
Equity10/15€7,390€13,409▲
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€2,610€3,409▲
Amounts payable17/49-€10,301
Amounts payable within one year42/48-€10,301
Trade debts44-€7,757
Suppliers440/4-€7,757
Taxes, remuneration and social security45-€2,430
Taxes450/3-€2,430
Other amounts payable47/48-€113
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€658
Other operating charges640/8€250€256▲
Gross operating margin9900-€2,348€8,002▲
Operating profit (loss)9901-€2,598€7,088▲
Financial charges65/66B€12€109▲
Recurring financial charges65€12€109▲
Profit (loss) for the period before taxes9903-€2,610€6,979▲
Income taxes67/77-€960
Profit (loss) for the period9904-€2,610€6,019▲
Profit (loss) for the period to be appropriated9905-€2,610€6,019▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2,610€3,409▲
Profit (loss) brought forward from the previous period14P--€2,610

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€658-
Other operating charges640/8€250€256▲ 2.4%
Gross operating margin9900-€2,348€8,002-
Operating profit (loss)9901-€2,598€7,088-
Financial charges65/66B€12€109▲ 827%
Recurring financial charges65€12€109▲ 827%
Profit (loss) for the period before taxes9903-€2,610€6,979-
Income taxes67/77-€960-
Profit (loss) for the period9904-€2,610€6,019-
Profit (loss) for the period to be appropriated9905-€2,610€6,019-
Line20242025Change
Assets
Total assets20/58€7,390€23,710▲ 221%
Fixed assets21/28-€7,135-
Tangible fixed assets22/27-€7,135-
Plant, machinery and equipment23-€7,135-
Current assets29/58€7,390€16,575▲ 124%
Amounts receivable within one year40/41€401€2,767▲ 590%
Trade receivables40-€2,767-
Other amounts receivable41€401€0▼ 100%
Cash at bank and in hand54/58€6,989€13,808▲ 97.6%
Equity and liabilities
Total equity and liabilities10/49€7,390€23,710▲ 221%
Equity10/15€7,390€13,409▲ 81.5%
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€2,610€3,409-
Amounts payable17/49-€10,301-
Amounts payable within one year42/48-€10,301-
Trade debts44-€7,757-
Suppliers440/4-€7,757-
Taxes, remuneration and social security45-€2,430-
Taxes450/3-€2,430-
Other amounts payable47/48-€113-
Line20242025Change
Profit (loss) for the period9904-€2,610€6,019-
+ Depreciation and write-downs630-€658-
Operating cash flow (approximation)-€2,610€6,677-
Change in cash-€6,819-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 abbreviated format 29-05-2026 2026-00125237
31-12-2024 abbreviated format 20-06-2025 2025-00158257

Similar companies · same sector, comparable size

Of the 546 active companies whose main activity is electricity, gas, steam and air conditioning supply (NACE 35150), figures are known for 230. 87 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.