Equity
Equity fell by 60% in 5 years.
In July 2024, 6,920 companies had the same profile as EDIF EVOLUTION has now. Each dot stands for 18 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 6,920 companies, not a prediction for EDIF EVOLUTION. 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.
EDIF EVOLUTION files the micro format. That format states no turnover. The gross margin fell from €22,524 in 2009 to €2,257 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €17,000. Estimated: probably between €7,700 and €40,000.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
24,541 | 52,487 | 59,232 | 101,914 | 110,273 | 148,300 | 164,845 | 201,716 | 177,192 | 124,807 | 133,359 | 88,499 | 103,156 | 39,543 | 11,885 | 19,022 | 38,567 | |
21/28 |
- | - | - | - | 300 | 300 | 475 | 768 | 743 | 713 | 200 | 200 | - | - | - | 63 | 216 | |
22/27 |
- | - | - | - | - | - | 175 | 468 | 443 | 413 | - | - | - | - | - | 63 | 216 | |
23 |
- | - | - | - | - | - | - | 118 | - | - | - | - | - | - | - | - | - | |
24 |
- | - | - | - | - | - | 175 | 349 | 443 | 413 | - | - | - | - | - | 63 | 216 | |
28 |
- | - | - | - | 300 | 300 | 300 | 300 | 300 | 300 | 200 | 200 | - | - | - | - | - | |
29/58 |
24,541 | 52,487 | 59,232 | 101,914 | 109,973 | 148,000 | 164,370 | 200,949 | 176,449 | 124,094 | 133,159 | 88,299 | 103,156 | 39,543 | 11,885 | 18,959 | 38,351 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | - | 21,012 | 20,000 | - | - | 38,000 | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | - | 15 | - | - | - | 38,000 | |
37 |
- | - | - | - | - | - | - | - | - | - | - | - | 20,997 | 20,000 | - | - | - | |
40/41 |
24,541 | 52,487 | 59,232 | 101,914 | 109,973 | 148,000 | 164,365 | 199,805 | 163,029 | 119,575 | 125,209 | 80,241 | 58,292 | 9,321 | 11,880 | - | - | |
40 |
7,336 | 7,336 | 7,336 | 7,336 | 7,336 | - | 44,375 | 198,255 | 147,056 | 84,478 | 48,700 | 16,671 | 8,588 | - | - | - | - | |
41 |
17,204 | 45,151 | 51,896 | 94,578 | 102,637 | 148,000 | 119,990 | 1,550 | 15,973 | 35,097 | 76,509 | 63,570 | 49,704 | 9,321 | 11,880 | - | - | |
54/58 |
- | - | - | - | - | - | 6 | 1,144 | 13,420 | 4,519 | 7,950 | 8,058 | 23,852 | 10,222 | 5 | 18,959 | 351 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
24,541 | 52,487 | 59,232 | 101,914 | 110,273 | 148,300 | 164,845 | 201,716 | 177,192 | 124,807 | 133,359 | 88,499 | 103,156 | 39,543 | 11,885 | 19,022 | 38,567 | |
10/15 |
21,129 | 21,225 | 23,021 | 29,292 | 32,467 | 52,924 | 52,830 | 45,440 | 39,274 | 28,777 | -19,149 | 42,758 | 36,161 | 13,580 | 2,230 | 10,355 | 20,055 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
18,600 | 18,600 | 18,600 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
18,600 | 18,600 | 18,600 | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
2,529 | 2,625 | 4,421 | 10,692 | 13,867 | 34,324 | 34,230 | 39,240 | 33,074 | 22,577 | 36,558 | 36,558 | 29,961 | 7,380 | 4,155 | 4,155 | 13,855 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | 11,995 | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
1312 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11,995 | |
133 |
669 | 765 | 2,561 | 8,832 | 12,007 | 32,464 | 32,370 | 37,380 | 31,214 | 20,717 | 34,698 | 34,698 | 28,101 | 5,520 | 2,295 | 2,295 | - | |
14 |
- | - | - | - | - | - | - | - | - | - | -61,907 | - | - | - | -8,125 | - | - | |
17/49 |
3,412 | 31,262 | 36,211 | 72,622 | 77,805 | 95,377 | 112,015 | 156,276 | 137,917 | 96,029 | 152,508 | 45,741 | 66,996 | 25,963 | 9,654 | 8,667 | 18,512 | |
17 |
- | - | - | - | - | 15,493 | 24,236 | 37,224 | 23,441 | 31,748 | - | 5,255 | - | - | - | - | - | |
170/4 |
- | - | - | - | - | 15,493 | 24,236 | 37,224 | 23,441 | 31,748 | - | 5,255 | - | - | - | - | - | |
42/48 |
3,412 | 31,262 | 36,211 | 72,622 | 77,805 | 79,884 | 87,778 | 119,053 | 114,476 | 64,281 | 152,508 | 40,486 | 66,996 | 25,963 | 9,654 | 8,667 | 18,512 | |
42 |
- | - | - | - | - | 13,736 | 17,816 | 14,646 | 12,127 | 7,757 | 5,705 | 4,996 | 15,000 | - | - | - | - | |
43 |
3,139 | 2,637 | 2,637 | 4,077 | 7,343 | 6,252 | 3 | - | - | - | 8 | 24 | - | - | - | - | - | |
430/8 |
3,139 | 2,637 | 2,637 | 4,077 | 7,343 | 6,252 | 3 | - | - | - | 8 | 24 | - | - | - | - | - | |
44 |
273 | 28,625 | 29,192 | 28,976 | 52,924 | 49,232 | 51,975 | 61,773 | 92,255 | 49,438 | 137,689 | 12,717 | 17,069 | 25,963 | 3,933 | 895 | 1,542 | |
440/4 |
273 | 28,625 | 29,192 | 28,976 | 52,924 | 49,232 | 51,975 | 61,773 | 92,255 | 49,438 | 137,689 | 12,717 | 17,069 | 25,963 | 3,933 | 895 | 1,542 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | 20,997 | - | - | - | - | |
45 |
- | - | 4,383 | 3,949 | 11,886 | 10,664 | 17,984 | 10,405 | 9,695 | 6,686 | 7,657 | 22,750 | 13,930 | - | 5,722 | 5,722 | 9,636 | |
450/3 |
- | - | 4,383 | 3,949 | 11,886 | 10,664 | 17,984 | 10,405 | 9,695 | 6,686 | 7,657 | 22,750 | 13,930 | - | 5,722 | 5,722 | 9,636 | |
47/48 |
- | - | - | 35,620 | 5,653 | - | - | 32,229 | 400 | 400 | 1,450 | - | - | - | - | 2,051 | 7,333 | |
| Income statement | ||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 28,000 | 157,769 | |
76A |
- | - | - | - | - | - | 3,352 | - | - | - | 10 | 140 | - | 961 | 931 | - | 84 | |
9900 |
2,257 | -762 | -6,271 | -1,626 | 861 | 4,818 | 18,117 | 23,922 | 23,908 | 64,115 | -59,241 | 17,081 | 39,508 | 6,694 | -2,569 | -10,405 | 22,524 | |
60/61 |
- | - | - | - | - | - | 63,986 | 394,096 | 367,041 | 297,728 | 599,157 | 150,300 | - | - | - | 38,405 | 135,245 | |
62 |
- | - | - | - | - | - | - | - | 16 | - | 3 | - | - | - | - | - | 275 | |
630 |
- | - | - | - | - | 175 | 293 | 499 | 325 | 207 | - | - | - | - | - | 152 | 241 | |
631/4 |
- | 1,034 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
419 | - | - | - | 9,020 | 584 | 973 | 584 | 1,462 | 1,139 | 1,508 | 348 | 849 | 1,104 | 348 | 1,025 | - | |
66A |
1,935 | - | - | 300 | 3,238 | 203 | 8,626 | - | - | 229 | 80 | 1,761 | - | - | 63 | - | - | |
9901 |
-96 | -1,796 | -6,271 | -1,926 | -11,397 | 3,856 | 8,225 | 22,839 | 22,106 | 62,541 | -60,832 | 16,734 | 38,658 | 5,590 | -2,916 | -11,583 | 22,008 | |
75/76B |
- | - | - | - | - | - | - | 805 | - | 0 | 26 | 70 | 1 | 2 | 1 | 6 | 23 | |
75 |
- | - | - | - | - | - | - | - | - | 0 | 16 | 70 | 1 | 2 | 1 | 6 | 23 | |
76B |
- | - | - | - | - | - | - | 805 | - | - | 10 | - | - | - | - | - | - | |
65/66B |
- | - | - | 1,250 | 10,625 | 3,185 | 6,150 | 12,978 | 5,290 | 7,465 | 874 | 3,324 | 2,149 | 296 | 143 | 264 | 181 | |
65 |
- | - | - | - | 1,881 | 3,185 | 5,515 | 12,978 | 3,490 | 7,465 | 874 | 3,324 | 2,149 | 296 | 143 | 264 | 181 | |
66B |
- | - | - | 1,250 | 8,744 | - | 635 | - | 1,801 | - | - | - | - | - | - | - | - | |
9903 |
-96 | -1,796 | -6,271 | -3,176 | -22,022 | 671 | 2,075 | 10,666 | 16,815 | 55,076 | -61,680 | 11,859 | 36,510 | 6,257 | -2,191 | -11,840 | 21,933 | |
67/77 |
- | - | - | - | -1,566 | 578 | 7,084 | 4,500 | 6,319 | 7,149 | 227 | 5,262 | 13,930 | -5,092 | 5,934 | -2,141 | 8,078 | |
9904 |
-96 | -1,796 | -6,271 | -3,176 | -20,456 | 93 | -5,009 | 6,166 | 10,497 | 47,927 | -61,907 | 6,597 | 22,581 | 11,350 | -8,125 | -9,699 | 13,855 | |
9905 |
-96 | -1,796 | -6,271 | -3,176 | -20,456 | 93 | -5,009 | 6,166 | 10,497 | 47,927 | -61,907 | 6,597 | 22,581 | 11,350 | -8,125 | -9,699 | 13,855 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-96 | -1,796 | -6,271 | -3,176 | -20,456 | 93 | -5,009 | 6,166 | 10,497 | -13,980 | -61,907 | 6,597 | 22,581 | 3,225 | -8,125 | -9,699 | 13,855 | |
791/2 |
96 | 1,796 | 6,271 | 3,176 | 20,456 | - | 5,009 | - | - | 13,980 | - | - | - | - | - | 9,699 | - | |
691/2 |
- | - | - | - | - | 93 | - | 6,166 | 10,497 | - | - | 6,597 | 22,581 | 3,225 | - | - | 13,855 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | - | - | - | 93 | - | 6,166 | 10,497 | - | - | 6,597 | 22,581 | 3,225 | - | - | 11,995 | |
| Document | ||||||||||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 01-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 01-07-2026 | 2026-00257929 | |
| 31-12-2024 | micro format | 08-10-2025 | 2025-00542937 | |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00214459 | |
| 31-12-2022 | micro format | 27-07-2023 | 2023-00288726 | |
| 31-12-2021 | micro format | 13-12-2022 | 2022-20538095 | |
| 31-12-2020 | micro format | 10-08-2021 | 2021-48200184 | |
| 31-12-2019 | micro format | 21-05-2021 | 2021-15000157 | |
| 31-12-2018 | micro format | 20-12-2019 | 2019-77000530 | |
| 31-12-2017 | micro format | 21-12-2018 | 2018-75600592 | |
| 31-12-2016 | micro format | 16-02-2018 | 2018-05200183 | |
| 31-12-2015 | full format | 22-04-2017 | 2017-10500078 | |
| 31-12-2014 | full format | 28-08-2015 | 2015-52000483 | |
| 31-12-2013 | full format | 27-11-2014 | 2014-67800078 | |
| 31-12-2012 | full format | 14-05-2014 | 2014-12300046 | |
| 31-12-2011 | full format | 29-08-2012 | 2012-49000077 | |
| 31-12-2010 | full format | 26-08-2011 | 2011-44600007 | |
| 31-12-2009 | full format | 31-08-2010 | 2010-52600543 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | 4,031 | 8,518 | 23,338 | 22,431 | 62,747 | - | - | - | - | - | -11,431 | 22,249 | ||
| - | - | - | - | - | 268 | -4,717 | 6,665 | 10,822 | 48,133 | - | - | - | - | - | -9,547 | 14,096 | ||
| - | - | - | - | - | 0 | 0 | 524 | 355 | 720 | - | 200 | - | - | - | 0 | 457 | ||
| - | - | - | - | - | - | -1,138 | -12,276 | 8,901 | -3,431 | -108 | -15,794 | 13,630 | 10,217 | -18,954 | 18,608 | - | ||
| 21,129 | 21,225 | 23,021 | 29,292 | 32,167 | 68,116 | 76,592 | 81,896 | 61,972 | 59,812 | -19,349 | 47,813 | 36,161 | 13,580 | 2,230 | 10,292 | 19,839 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -41.4% | 13.9% | ||
| 86.1% | 40.4% | 38.9% | 28.7% | 29.4% | 35.7% | 32.0% | 22.5% | 22.2% | 23.1% | -14.4% | 48.3% | 35.1% | 34.3% | 18.8% | 54.4% | 52.0% | ||
| 7.19 | 1.68 | 1.64 | 1.40 | 1.41 | 1.85 | 1.87 | 1.69 | 1.54 | 1.93 | 0.87 | 2.18 | 1.54 | 1.52 | 1.23 | 2.19 | 2.07 | ||
| 7.19 | 1.68 | 1.64 | 1.40 | 1.41 | 1.85 | 1.87 | 1.69 | 1.54 | 1.93 | 0.87 | 2.18 | 1.23 | 0.75 | 1.23 | 2.19 | 0.02 | ||
| 0.16 | 1.47 | 1.57 | 2.48 | 2.40 | 1.80 | 2.12 | 3.44 | 3.51 | 3.34 | - | 1.07 | 1.85 | 1.91 | 4.33 | 0.84 | 0.92 | ||
| -0.5% | -8.5% | -27.2% | -10.8% | -63.0% | 0.2% | -9.5% | 13.6% | 26.7% | 166.5% | - | 15.4% | 62.4% | 83.6% | -364.3% | -93.7% | 69.1% | ||
| -0.4% | -3.4% | -10.6% | -3.1% | -18.6% | 0.1% | -3.0% | 3.1% | 5.9% | 38.4% | -46.4% | 7.5% | 21.9% | 28.7% | -68.4% | -51.0% | 35.9% | ||
| - | - | - | - | - | - | 296 days | 57 days | 92 days | 61 days | 84 days | 31 days | - | - | - | 9 days | 4 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is a loss of €96, smaller than the loss of €1,796 in 2024.
Debt's share of the balance-sheet total falls from 59.6% to 13.9%. Equity and debt are lower.
EDIF EVOLUTION has no parent and no holdings in its annual accounts. is the only director. EDIF EVOLUTION shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Establishment unit 41001 General construction of residential buildings | 19-01-2009 | 2.175.450.672 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 52015B1075/00C000 | 424 m² | 1 · 89 m² | 10.6 m · 3 |
If something looks wrong or is missing, please tell us.