EDIVALOR

Active

Private limited companyfounded 200520 yrs activeSledderloweg 85, 3600 Genk, BelgiumKBO/BCE: BE 0876.386.981

EDIVALOR has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €586k and a net result of €988k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 3569 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

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Checked score

Score 2024

94 / 100

Excellent▲ +73 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+100

Solvency69▲+30

Growth78▲+20

Stability100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €55k at 30 days acceptable

Liquidity ample (current ratio 1.63 against 0.74 in 2023), but 65.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

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

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

34.9%

Return on assets

58.8%

Age of the figures

20 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-09-2025, 33 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

33 d late

2023

35 d late

2022

37 d late

2021

58 d late

2020

125 d late

2019

76 d late

← before the deadline after the deadline →

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, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€988k▲ 405%

2023 · €196k

2018: €11k 2019: €83k 2020: €7k 2021: €-589k 2022: €-153k 2023: €196k

2018 → 2024

Working capital

€614k

2023 · €-432k

2018: €54k 2019: €136k 2020: €139k 2021: €-448k 2022: €-608k 2023: €-432k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€144k-€-445k€-598k▼ 34.3%€-402k▲ 32.7%€586k

Operating result€19k-€-588k€-152k▲ 74.2%€197k€1.17M▲ 496%

Net result€7k-€-589k€-153k▲ 74.1%€196k€988k▲ 405%

Result per fiscal year

Operating resultNet result

After the dip in 2021 the operating result has climbed three years in a row; 2024 is 496% above 2023 and is the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €1.68M

94.8%

Fixed assets €87k▲ 189%

Current assets €1.59M▲ 32.5%

Equity and liabilities €1.68M

34.9%

65.1%

Equity €586k

Debt €1.09M

Debt finances 65.1% of the balance-sheet total.

Key figures and ratios

2024 value · change against 2023

EBITDA

€1.18M▲

2023 · €199k

Cash flow

€997k▲

2023 · €198k

Solvency

34.9%▲

2023 · -32.6%

Current ratio

1.63▲

2023 · 0.74

Quick ratio

1.63▲

2023 · 0.74

Debt / equity

1.87▲

2023 · -4.07

ROE

168.7%▲

2023 · -48.7%

ROA

58.8%▲

2023 · 15.9%

Interest coverage

3857.34▲

2023 · 488.40

Debt

€1.09M▼

2023 · €1.64M

Debt ≤ 1 year

€979k▼

2023 · €1.64M

Income taxes

€184k▲

2023 · €618

Staff costs

€495k▲

2023 · €464k

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€1.23M€1.68M▲

Fixed assets21/28€30k€87k▲

Tangible fixed assets22/27€16k€52k▲

Plant, machinery and equipment23€221€39k▲

Furniture and vehicles24€15k€13k▼

Financial fixed assets28€14k€35k▲

Current assets29/58€1.20M€1.59M▲

Amounts receivable within one year40/41€1.18M€1.29M▲

Trade receivables40€1.17M€1.26M▲

Other amounts receivable41€10k€34k▲

Cash at bank and in hand54/58€23k€297k▲

Deferred charges and accrued income490/1€3k€3k▼

Equity and liabilities

Total equity and liabilities10/49€1.23M€1.68M▲

Equity10/15€-402k€586k▲

Contributions10/11€19k€19k=

Reserves13€2k€2k=

Distributable reserves133€2k€2k=

Profit (loss) carried forward14€-423k€565k▲

Amounts payable17/49€1.64M€1.09M▼

Amounts payable within one year42/48€1.64M€979k▼

Financial debts43€499€499=

Credit institutions430/8€499€499=

Trade debts44€1.53M€691k▼

Suppliers440/4€1.53M€691k▼

Taxes, remuneration and social security45€79k€268k▲

Taxes450/3€44k€228k▲

Remuneration and social security454/9€35k€40k▲

Other amounts payable47/48€22k€19k▼

Accrued charges and deferred income492/3-€116k

Income statement Code20232024

Remuneration, social security and pensions62€464k€495k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€9k▲

Other operating charges640/8€18k€4k▼

Gross operating margin9900€680k€1.68M▲

Operating profit (loss)9901€197k€1.17M▲

Financial income75/76B€150€0▼

Recurring financial income75€150€0▼

Financial charges65/66B€407€306▼

Recurring financial charges65€407€306▼

Profit (loss) for the period before taxes9903€196k€1.17M▲

Income taxes67/77€618€184k▲

Profit (loss) for the period9904€196k€988k▲

Profit (loss) for the period to be appropriated9905€196k€988k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-423k€565k▲

Profit (loss) brought forward from the previous period14P€-619k€-423k▲

Social balance

Average headcount (FTE)90878.87.8▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 16Financial 6Filings 10

2025

02-09

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 33 days late

2024

31-12

Financial Highest result since 2018net €988k ▲405%

Operating result €1.17M, net result €988k, both a record.

31-12

Financial Liquidity doublescurrent ratio 1.63

Current ratio from 0.74 to 1.63; short-term debt falls from €1.64M to €979k.

31-12

Financial Equity above €500kEq €586k

2 profitable years in a row build equity to €586k.

04-09

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 35 days late

2023

31-12

Financial Back to profitnet €196k

Net result €196k after 2 loss-making years.

06-09

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 37 days late

2022

27-09

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 58 days late

2021

31-12

Financial Weakest financial yearnet €-589k ▼8272%

Net result drops to €-589k, the lowest in the series; recovery starts the following year.

03-12

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 125 days late

2020

15-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 76 days late

2019

31-12

Financial Equity above €100kEq €137k ▲153%

2 profitable years in a row build equity to €137k.

23-09

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 54 days late

2018

24-09

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 55 days late

2017

26-09

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 57 days late

2016

14-09

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 45 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

6 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, Genk · 1 establishment unit since 2018

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Sledderloweg 853600 Genk

Ground area

4,408 m²

Building footprint

988 m²

Volume, LiDAR

6,083 m³

2 parcels, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

EDIVALOR

De Wieke Tuin 1, 3650 Dilsen-StokkemManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20182.276.050.857

2 parcels

Flanders 2 (100%)