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EDO ARTS CONSTRUCT

Active
Private limited company (pre-2019)founded 201115 yrs activeOudergemselaan 156, 1040 Brussel, BelgiumKBO/BCE: BE 0832.584.157

The file of EDO ARTS CONSTRUCT contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 10.3% (high). The 2024 annual accounts show negative equity (-€22,196) and a net result of -€15,686. Equity is shrinking by ~60.1% per year across the filed fiscal years. Its solvency ranks better than 17% of 26069 sector peers (fiscal year 2024).

Risk analysisWatch ReportCompare
EDO ARTS CONSTRUCTActiveChecked score 29/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of hardware, building materials, paint and glass (general range)
NACE 47521
2 sites
Size
€136,596total assets 2024
Equity
-€22,196
Loss
-€15,686
Turnover not published (abridged schema)
Financial health
29 Weak Checked score 2024
Bankruptcy chance 12 m
10.3%
Structure
Accounts 65 d overdue0 of 8 deeds read
Why 29- 1 change of registered office in 24 months- Liquidity: current ratio 0.82, cash €123, halved- 1 financial year not filed after the legal deadline; latest accounts 60 days late; 3 of the last 3 late+ Founded in 2011Show the evidence

Checked score

Score 2024
29 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 8% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 9-11
equity -16.2% of total assets
Liquidity 0-1
short-term debt 116.2% · cash 0.1%
Profitability 4+4
return on assets -11.5%
Bankruptcy probability, 12 months
10.3% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,156 companies)
Last 24 months 11-2024: 9.7% 12-2024: 9.7%● 0.0% vs 11-2024 01-2025: 9.6%▼ -0.4% vs 12-2024 02-2025: 9.6%● 0.0% vs 01-2025 03-2025: 9.5%▼ -0.9% vs 02-2025 04-2025: 10.1%▲ +5.4% vs 03-2025 05-2025: 9.9%▼ -1.7% vs 04-2025 06-2025: 4.8%▼ -51.9% vs 05-2025lowest value 07-2025: 4.9%▲ +2.8% vs 06-2025 08-2025: 5.3%▲ +7.7% vs 07-2025 09-2025: 5.2%▼ -2.0% vs 08-2025 10-2025: 5.3%▲ +2.2% vs 09-2025 11-2025: 9.5%▲ +79.9% vs 10-2025 12-2025: 9.5%● 0.0% vs 11-2025 03-2026: 9.5% 04-2026: 9.7%▲ +2.5% vs 03-2026 05-2026: 9.7%▲ +0.1% vs 04-2026 06-2026: 9.3%▼ -4.4% vs 05-2026 07-2026: 9.0%▼ -2.8% vs 06-2026 08-2026: 9.2%▲ +1.3% vs 07-2026 09-2026: 8.5%▼ -6.7% vs 08-2026 10-2026: 10.3%▲ +21.0% vs 09-2026highest value
  • 1 change of registered office in 24 months raises the probability
  • Liquidity: current ratio 0.82, cash €123, halved raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 60 days late; 3 of the last 3 late raises the probability
  • Founded in 2011 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.82 against 0.91 in 2023; short-term debt: 116.2% and cash: 0.1% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 14%, liquidity 2%, profitability 14%, growth against the median 3%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Liquidity: current ratio 0.82, cash €123, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 60 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Founded in 2011
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€22,196
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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
60 d late
2023
87 d late
2022
134 d late
2021
499 d late
2020
184 d late
2019
138 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 184 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed 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
  1. Bankruptcy reversalTribunal de l’entreprise francophone de…
  2. OpeningTribunal de l’entreprise francophone de…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€22,196 View
  • Risk: 5 loss-making years in a rowloss fiscal year 2024 -€15,686 View
  • Caution: Among the weakest 14% on net resultsector median €4,449 · 26,038 companies -€15,686 View
  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View

By topic

Financials

Fiscal year
2024
Total assets
€136,596
Loss
-€15,686
Solvency
-16.2%
Total assets▼ 5.3%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 16-02-2026Bankruptcy reversal
  2. 31-12-2025Opening
  3. 29-09-2025Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company (pre-2019)
Activity
Retail sale of hardware, building materials, paint and…NACE 47521
Founded
07-01-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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