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EDCA

Active
Private limited companyfounded 20223 yrs activeAvenue du Petit-Bourgogne 84, 4000 Liège, BelgiumKBO/BCE: BE 0793.759.215
Summary

The computed 12-month bankruptcy probability of EDCA is 3.2% (moderate). The 2024 annual accounts show equity of €203,931 and a net result of €91,802. Equity is growing by ~79.3% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency88▲+13
Growth78=
Track record94
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 3.08 against 2.59 in 2023; short-term debt: 26.8% and cash: 71.3% of total assets), and 36.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
27 d late
2023
29 d late
2022
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 29 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 19 November 2022, EDCA was incorporated as a Private limited company.1 Total assets went from EUR 39,511 in 2022 to EUR 323,217 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€203,931▲ 81.9%
2023 · €112,130
Total assets
€323,217▲ 43.9%
2023 · €224,552
Net result
€91,802▲ 6.7%
2023 · €86,012
Working capital
€180,179▲ 86.4%
2023 · €96,653
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€32,271-€122,994▲ 281%€121,913▼ 0.9%
Net result€23,117-€86,012▲ 272%€91,802▲ 6.7%
Equity€26,117-€112,130▲ 329%€203,931▲ 81.9%
Total assets€39,511-€224,552▲ 468%€323,217▲ 43.9%
Debt€13,394-€112,422▲ 739%€119,285▲ 6.1%
Working capital€26,117-€96,653▲ 270%€180,179▲ 86.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2022: €32,271€32,271Net result 2022: €23,117€23,117Operating result 2023: €122,994€122,994Net result 2023: €86,012€86,012Operating result 2024: €121,913€121,913Net result 2024: €91,802€91,802202220232024€0€50,000€100,000Operating result 2022: €32,271€32,300Net result 2022: €23,117€23,100Operating result 2023: €122,994€123,000Net result 2023: €86,012€86,000Operating result 2024: €121,913€122,000Net result 2024: €91,802€91,800202220232024
The operating result falls in 2024; 2024 is 1% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €323,217
Fixed assets €56,383 ▼ 16.0%
Current assets €266,834 ▲ 69.5%
Equity and liabilities €323,217
Equity €203,931 ▲ 81.9%
Debt €119,285 ▲ 6.1%
Debt's share of the balance-sheet total falls from 50.1% to 36.9%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€138,734▲
2023 · €137,089
Cash flow
€108,623▲
2023 · €100,108
Current ratio
3.08▲
2023 · 2.59
Debt to equity
0.58▼
2023 · 1.00
ROE
45.0%▼
2023 · 76.7%
ROA
28.4%▼
2023 · 38.3%
Interest coverage
41.71▼
2023 · 88.86
Debt ≤ 1 year
€86,655▲
2023 · €60,776
Debt > 1 year
€32,109▼
2023 · €51,360
Income taxes
€26,787▼
2023 · €35,442
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 39,276 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 · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€224,552€323,217▲
Fixed assets21/28€67,122€56,383▼
Tangible fixed assets22/27€67,122€56,383▼
Furniture and vehicles24€67,122€56,383▼
Current assets29/58€157,429€266,834▲
Amounts receivable within one year40/41€889€0▼
Trade receivables40€889€0▼
Cash at bank and in hand54/58€128,555€230,556▲
Deferred charges and accrued income490/1€27,986€36,278▲
Equity and liabilities
Total equity and liabilities10/49€224,552€323,217▲
Equity10/15€112,130€203,931▲
Contributions10/11€3,000€3,000=
Reserves13€109,130€109,130=
Distributable reserves133€109,130€109,130=
Profit (loss) carried forward14-€91,802
Amounts payable17/49€112,422€119,285▲
Amounts payable after more than one year17€51,360€32,109▼
Financial debts170/4€51,360€32,109▼
Amounts payable within one year42/48€60,776€86,655▲
Current portion of amounts payable after more than one year42€18,493€19,252▲
Trade debts44€889€561▼
Suppliers440/4€889€561▼
Taxes, remuneration and social security45€35,442€62,230▲
Taxes450/3€35,442€62,230▲
Other amounts payable47/48€5,952€4,613▼
Accrued charges and deferred income492/3€286€522▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,095€16,821▲
Gross operating margin9900€137,089€138,734▲
Operating profit (loss)9901€122,994€121,913▼
Financial income75/76B€3€3▼
Recurring financial income75€3€3▼
Financial charges65/66B€1,543€3,326▲
Recurring financial charges65€1,543€3,326▲
Profit (loss) for the period before taxes9903€121,454€118,589▼
Income taxes67/77€35,442€26,787▼
Profit (loss) for the period9904€86,012€91,802▲
Profit (loss) for the period to be appropriated9905€86,012€91,802▲
Appropriation of the result
Profit (loss) to be appropriated9906€86,012€91,802▲
Transfer to equity691/2€86,012€0▼
To other reserves6921€86,012€0▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,475€14,095€16,821▲ 19.3%
Gross operating margin9900€33,746€137,089€138,734▲ 1.2%
Operating profit (loss)9901€32,271€122,994€121,913▼ 0.9%
Financial income75/76B-€3€3▼ 14.7%
Recurring financial income75-€3€3▼ 14.7%
Financial charges65/66B€53€1,543€3,326▲ 116%
Recurring financial charges65€53€1,543€3,326▲ 116%
Profit (loss) for the period before taxes9903€32,218€121,454€118,589▼ 2.4%
Income taxes67/77€9,100€35,442€26,787▼ 24.4%
Profit (loss) for the period9904€23,117€86,012€91,802▲ 6.7%
Profit (loss) for the period to be appropriated9905€23,117€86,012€91,802▲ 6.7%
Line202220232024Change
Assets
Total assets20/58€39,511€224,552€323,217▲ 43.9%
Fixed assets21/28-€67,122€56,383▼ 16.0%
Tangible fixed assets22/27-€67,122€56,383▼ 16.0%
Furniture and vehicles24-€67,122€56,383▼ 16.0%
Current assets29/58€39,511€157,429€266,834▲ 69.5%
Amounts receivable within one year40/41-€889€0▼ 100%
Trade receivables40-€889€0▼ 100%
Cash at bank and in hand54/58€22,293€128,555€230,556▲ 79.3%
Deferred charges and accrued income490/1€17,219€27,986€36,278▲ 29.6%
Equity and liabilities
Total equity and liabilities10/49€39,511€224,552€323,217▲ 43.9%
Equity10/15€26,117€112,130€203,931▲ 81.9%
Contributions10/11€3,000€3,000€3,000=
Reserves13€23,117€109,130€109,130=
Distributable reserves133€23,117€109,130€109,130=
Profit (loss) carried forward14--€91,802-
Amounts payable17/49€13,394€112,422€119,285▲ 6.1%
Amounts payable after more than one year17-€51,360€32,109▼ 37.5%
Financial debts170/4-€51,360€32,109▼ 37.5%
Amounts payable within one year42/48€13,394€60,776€86,655▲ 42.6%
Current portion of amounts payable after more than one year42-€18,493€19,252▲ 4.1%
Trade debts44€1,627€889€561▼ 36.9%
Suppliers440/4€1,627€889€561▼ 36.9%
Taxes, remuneration and social security45€9,100€35,442€62,230▲ 75.6%
Taxes450/3€9,100€35,442€62,230▲ 75.6%
Other amounts payable47/48€2,667€5,952€4,613▼ 22.5%
Accrued charges and deferred income492/3-€286€522▲ 82.7%
Line202220232024Change
Profit (loss) for the period9904€23,117€86,012€91,802▲ 6.7%
+ Depreciation and write-downs630€1,475€14,095€16,821▲ 19.3%
Operating cash flow (approximation)€24,592€100,108€108,623▲ 8.5%
Investment in fixed assets (approximation)---€6,082-
Change in cash-€106,262€102,001▼ 4.0%

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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Timeline · acts, filings and financial milestones

2025
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial Highest result since 2022net €91,802 ▲6.7%
Net result €91,802, the highest in the series.
31-12
Financial Equity above €200,000Eq €203,931 ▲81.9%
3 profitable years in a row build equity to €203,931.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Equity above €100,000Eq €112,130 ▲329%
2 profitable years in a row build equity to €112,130.
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 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, Liège · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
2,489 m²
Building footprint
187 m²
Volume, LiDAR
900 m³
Parcel 62078A0500/00G003, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EDCA
Avenue du Petit-Bourgogne 84, 4000 LiègeSpecialist medical practice
since 20222.338.472.238
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62078A0500/00G003 Wallonia 2,489 m² 1 · 187 m² 7.0 m · 2 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded19-11-2022
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0793759215
Also 9925:BE0793759215
Registered 25-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.