Liquidity
Short-term debts fell from €12,143 to €2,122.
Short-term debts fell from €12,143 to €2,122.
The last five annual accounts were filed 54 to 67 days before the end of the period.
Higher solvency than 95% of companies in wholesale trade. Sector median 40.6% · 15,428 companies.
In July 2024, 3,592 companies had the same profile as EDC+ has now. Each dot stands for 9 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,592 companies, not a prediction for EDC+. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| EDC+ Herselt | €52,514 | -€8,415 | 96.0% | - |
| MARIES' WOOD Fexhe-le-Haut-Clocher | €66,081 | -€2,438 | -2.3% | - |
| ELRA Kontich | €65,196 | -€13,321 | 48.4% | - |
| SENFINA Lint | €36,919 | -€661 | -181.7% | - |
| SYBELCO BELGIUM Brussels | €74,220 | -€4,340 | 12.5% | - |
| Vemizo Anzegem | €45,168 | -€14,658 | -24.2% | - |
| PAUL HYMMER Mettet | €80,415 | -€19,513 | 75.1% | - |
These companies have the same main activity as EDC+: agents in the wholesale of timber and building materials (NACE 46130). They are comparable in size and age: total assets between €36,900 and €80,400, founded between 2018 and 2020.
EDC+ files the micro format. That format states no turnover. The gross margin fell from €7,596 in 2020 to -€8,415 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.