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EDILE MAR CONSTRUCT

Active
Private limited companyfounded 201016 yrs activeRue du Breucq(M.E) 76B, 7822 Ath, BelgiumKBO/BCE: BE 0825.276.394

EDILE MAR CONSTRUCT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €169k and a net result of €161k. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 72% of 1630 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
100 / 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+57
Solvency100=
Growth64=
Stability100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.9 against 3.46 in 2023), and 33.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
66.6%
Return on assets
63.4%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
23 d late
2022
5 d early
2021
20 d early
2020
26 d late
2019
36 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Turnover
€522k▲ 7.3%
2022 · €486k
2018: €493k 2019: €445k 2020: €404k 2021: €413k 2022: €486k
2018 → 2023
EBIT margin
4.8%▲ 1.7pp
2022 · 3.1%
2018: 1.8% 2019: 5.2% 2020: 5.9% 2021: 3.9% 2022: 3.1%
2018 → 2023
Net result
€161k▲ 849%
2023 · €17k
2018: €6k 2019: €19k 2020: €20k 2021: €13k 2022: €14k 2023: €17k
2018 → 2024
Working capital
€159k▲ 17.9%
2023 · €135k
2018: €49k 2019: €73k 2020: €98k 2021: €136k 2022: €137k 2023: €135k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€404k-€413k▲ 2.2%€486k▲ 17.8%€522k▲ 7.3%
Equity€104k-€117k▲ 12.1%€132k▲ 12.4%€148k▲ 12.9%€169k▲ 13.7%
Operating result€24k-€16k▼ 32.5%€15k▼ 6.1%€25k▲ 65.9%€166k▲ 561%
Net result€20k-€13k▼ 37.8%€14k▲ 15.1%€17k▲ 16.9%€161k▲ 849%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2020: €24k€24kNet result 2020: €20k€20kOperating result 2021: €16k€16kNet result 2021: €13k€13kOperating result 2022: €15k€15kNet result 2022: €14k€14kOperating result 2023: €25k€25kNet result 2023: €17k€17kOperating result 2024: €166k€166kNet result 2024: €161k€161k20202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 561% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €254k
Fixed assets €11k▼ 46.6%
Current assets €243k▲ 28.0%
Equity and liabilities €254k
Equity €169k▲ 13.7%
Debt €85k▲ 37.1%
The debt ratio rises from 29.4% to 33.4%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€177k
2023 · €34k
Cash flow
€172k
2023 · €26k
Solvency
66.6%
2023 · 70.6%
Current ratio
2.90
2023 · 3.46
Quick ratio
2.90
2023 · 3.46
Debt / equity
0.50
2023 · 0.42
ROE
95.2%
2023 · 11.4%
ROA
63.4%
2023 · 8.1%
Interest coverage
390.38
2023 · 52.91
Debt
€85k
2023 · €62k
Debt ≤ 1 year
€84k
2023 · €55k
Debt > 1 year
€1k
2023 · €7k
Income taxes
€4k
2023 · €4k
Staff costs
€51k
2023 · €100k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€210k€254k
Fixed assets21/28€21k€11k
Tangible fixed assets22/27€21k€10k
Furniture and vehicles24€21k€10k
Financial fixed assets28€110€1k
Current assets29/58€189k€243k
Amounts receivable within one year40/41€175k€202k
Trade receivables40€21k€7k
Other amounts receivable41€154k€195k
Cash at bank and in hand54/58€14k€41k
Equity and liabilities
Total equity and liabilities10/49€210k€254k
Equity10/15€148k€169k
Contributions10/11€6k€6k=
Outside capital11€6k-
Share premium1100/10€6k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€140k€161k
Amounts payable17/49€62k€85k
Amounts payable after more than one year17€7k€1k
Financial debts170/4€7k€1k
Amounts payable within one year42/48€55k€84k
Current portion of amounts payable after more than one year42€13k€6k
Trade debts44€25k€51k
Suppliers440/4€25k€51k
Taxes, remuneration and social security45€7k€14k
Taxes450/3€7k€8k
Remuneration and social security454/9-€6k
Other amounts payable47/48€10k€13k
Income statement Code20232024
Turnover70€522k-
Goods, raw materials, services and sundry goods60/61€386k-
Remuneration, social security and pensions62€100k€51k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€11k
Other operating charges640/8€1k€4k
Gross operating margin9900€135k€232k
Operating profit (loss)9901€25k€166k
Financial income75/76B-€1k
Recurring financial income75-€1k
Non-recurring financial income76B-€1k
Financial charges65/66B€4k€3k
Recurring financial charges65€639€454
Non-recurring financial charges66B€4k€2k
Profit (loss) for the period before taxes9903€21k€165k
Income taxes67/77€4k€4k
Profit (loss) for the period9904€17k€161k
Profit (loss) for the period to be appropriated9905€17k€161k
Appropriation of the result
Profit (loss) to be appropriated9906€140k€161k
Profit (loss) brought forward from the previous period14P€123k-

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

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial Highest result since 2018net €161k ▲849%
Operating result €166k, net result €161k, both a record.
31-12
Financial Equity above €150kEq €169k ▲13.7%
7 profitable years in a row build equity to €169k.
23-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
26-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
11-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity doublescurrent ratio 4.79
Current ratio from 2.17 to 4.79; short-term debt falls from €83k to €36k.
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial Equity above €100kEq €104k ▲24.1%
3 profitable years in a row build equity to €104k.
25-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Liquidity times 8current ratio 10.68
Current ratio from 1.33 to 10.68; short-term debt falls from €150k to €8k.
16-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 77 days late
2018
05-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
13-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts

We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
15 acts for this company are 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, Ath · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
456 m²
Building footprint
223 m²
Volume, LiDAR
1,328 m³
2 parcels, Brussels, Wallonia · tallest building 13.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
-
Jef Devosstraat 1, 1190 VorstManufacture of metal structures and parts of structures
since 20122.210.127.578
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
51042B0124/00F000 Wallonia 388 m² 1 · 159 m² 5.3 m · 1 fl.
21007A0058/00X008 Brussels 68 m² 1 · 64 m² 13.7 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 3,705 companies in sector 33120 we hold annual accounts for 1,335. 1,125 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded22-04-2010
Fiscal year end31-12
Activities, NACEBEL
33120Repair and maintenance of machinery
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.