EDBR
ActiveSummary
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 350 sector peers (NACE 35, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 03-07-2024 Normal situation
- Activity
- Electricity, gas, steam and air conditioning supply NACE 35150
- Establishment unit
- 2.362.037.102 4400 Flémalle, since 03-07-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 26-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €8,002
- Turnover
- ≈ €54,000
- estimated
- Profit
- €6,019
- Equity
- €13,409
- ▲ 81.5%
- Total assets
- €23,710
- ▲ 221%
Score breakdownraises riskFounded in 20241 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.61, cash €13,808Sector: Electricity, gas, steam and air conditioning supply (NACE 35)Show the evidence
Checked score
About 4 in 1,000 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 35, micro). It does better than 63% of them on solvency, 75% on liquidity, 96% on profitability and 91% 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 2 accounts on average 52 days before the deadline. In the sector (NACE 35), the median for financial year 2024 was 22 days before the deadline, and 27% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-05-2026 at the NBB all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is a profit of €7,088, after a loss of €2,598 in 2024.
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.
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.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Electricity, gas, steam and air conditioning supply (NACE 35). 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, solvency and return on assets (ROA).
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | - | €7,793 |
| Depreciation and write-downs of the year | - | €658 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as EDBR: electricity, gas, steam and air conditioning supply (NACE 35150). They are comparable in size and age: total assets between €24,900 and €66,500, founded between 2023 and 2025.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| EDBR Flémalle | 2024 | €23,710 | €13,409 | €8,002 | - | €6,019 | 2025 |
| ENERGIEADVISOR.BE Zelzate | 2023 | €24,950 | -€43,552 | €7,013 | - | €829 | 2025 |
| Point Elec Liège | 2024 | €54,738 | €8,857 | €12,089 | - | €6,457 | 2025 |
| MAGNUSCORE Verlaine | 2024 | €66,465 | €12,541 | €19,793 | - | €12,873 | 2025 |
| DE PROFESSOR Sint-Truiden | 2023 | €49,574 | €21,495 | €5,585 | - | -€11,356 | 2025 |
| NIVE Consulting Kuurne | 2023 | €60,361 | -€8,180 | €5,550 | - | -€9,975 | 2024 |
| NJPAC Binche | 2025 | €40,889 | €14,332 | €32,440 | €126,484 | €12,332 | 2025 |
They were chosen from the 246 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, 39,278 companies had the same profile as EDBR has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of EDBR itself: 0.4% within 12 months.
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 39,278 companies, not a prediction for EDBR. 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 | 2024 | 2025 | Change |
|---|---|---|---|
| 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 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| 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 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| 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 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- David BLAVIER 50 shares (50%)
- CEULEENS Jordan founder
- Jordan CEULEERS 50 shares (50%)
Capital transactions
- 05-07-2024 Incorporation · €10,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BLAVIER David |
|
| Jordan CEULEERS |
|
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 05-07-2024 (in French)
Network & group
Connections & network
2 connected companiesThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
25-11
Gazette deed
Registered office moved within Flémalle3 points ▸
- General meeting, 01-10-2025
- Registered-office move, Sart d'Avette 140 4400 Flémalle
- Other provision, “publication reference”, 25149594 (deed in French)
05-07
Gazette deed
IncorporationStarting capital €10,000 · Appointments: David BLAVIER (director) and Jordan CEULEERS (director) · Registered office clause · Board rule11 points ▸
- Registered office clause, “4400 Flémalle, rue des Béguines”, 9/2 (deed in French)
- Board rule, 2, “assemblée” (deed in French)
- Director appointment, David BLAVIER (director (not named in the articles))
- Director appointment, Jordan CEULEERS (director (not named in the articles))
- Pre-incorporation commitments, “takeover, tous engagements et obligations en résultant et toutes activités entreprises pour la société en formation” (deed in French)
- Incorporation, 03-07-2024
- Founder, David BLAVIER
- Founder, CEULEENS Jordan
- Founding capital, €10,000
- Other provision, “statuts arrêtés, statuts arrêtés comme suit” (deed in French)
- Capital
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
7 activities
- Mise en place, commercialisation et exploitation de stations de recharge pour voitures électriques
- Toute activité liée au secteur de la construction, notamment : gros-œuvre, façades, toitures, châssis, fondations, isolation, électricité, plomberie, chauffage et sanitaire, ventilation, pose de chapes, carrelages, parquets, terrassement, panneaux solaires, aménagements extérieurs, tous types de parachèvements
- Toute activité de gestion, d'administration, de management, de direction et d'organisation, ainsi que le recouvrement et la gestion de créances pour compte de tiers et/ou pour compte propre
- L'activité d'intermédiaire ou de gestionnaire, sous quelque forme que ce soit, pour compte propre ou pour compte de tiers, dans les domaines de l'industrie, du commerce, des finances, de la construction et de l'immobilier
- L'accomplissement de toutes opérations immobilières, notamment l'acquisition, l'aliénation, la réalisation, l'échange, la mise en valeur, le lotissement, la construction, l'aménagement, l'appropriation, la transformation, la gestion, la location à loyer, à ferme ou commerciale, la sous-location de tous immeubles bâtis ou non bâtis, ruraux, urbains, agricoles, forestiers, étangs, cours d'eau, territoire de chasse, parcours de pêche, ainsi que la négociation, l'achat et la vente de tous droits immobiliers
- La prise de participation sous toute forme dans toutes entreprises industrielles, commerciales, civiles, financières ou immobilières quel que soit le statut juridique et le lieu du siège social. La société pourra en outre se porter caution et se porter fort, dans le sens le plus large du terme, et donner des actifs en garantie, en vue de garantir des crédits, prêts et ouvertures de crédit (sous quelque forme que ce soit) consentis à d'autres sociétés, dont elle serait actionnaire ou non, ainsi qu'aux particuliers, à ses propres actionnaires ou administrateurs
- La gestion et le développement de patrimoine pour compte propre ou pour compte de tiers, notamment l’achat, la vente, la négociation, la gestion de tous biens et valeurs immobiliers et mobiliers
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 |
|---|---|---|---|---|
| 62007B1029/00A000 | Wallonia | 3,168 m² | - | - |