EDR
ActiveSummary
For EDR, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €1.5m and a net result of €291,909. Equity is growing by ~30.5% per year across the filed fiscal years. Its solvency ranks better than 32% of 9742 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability60▼-2
Solvency39▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
13.8%
Return on assets
2.7%
Age of the figures
27 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 240 days later.
NBB · 9 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline28-09-2026 today
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 04-02-2025, 4 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
not filed
2024
4 d late
2023
on the day
2022
1 d early
2021
3 d early
2020
1 d late
2019
42 d early
← 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 7 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Turnover
€441,069
EBIT margin
27.9%
Net result
€291,909▲ 7.4%
2023 · €271,684
Working capital
-€1.1m▼ 31.1%
2023 · -€818,295
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€441,069
Operating result€122,973▼ 63.4%€728,437▲ 492%€284,936▼ 60.9%€482,825▲ 69.5%€422,386▼ 12.5%
Net result€51,677within the sector's middle half▼ 73.8%€469,353above the sector's middle half▲ 808%€188,687above the sector's middle half▼ 59.8%€271,684above the sector's middle half▲ 44.0%€291,909above the sector's middle half▲ 7.4%
EBIT margin27.9%
Equity€290,993within the sector's middle half▲ 21.6%€759,998within the sector's middle half▲ 161%€948,685within the sector's middle half▲ 24.8%€1.2mwithin the sector's middle half▲ 28.6%€1.5mwithin the sector's middle half▲ 23.9%
Total assets€9.6mabove the sector's middle half▲ 102%€9.9mabove the sector's middle half▲ 3.8%€10.7mabove the sector's middle half▲ 7.3%€10.2mabove the sector's middle half▼ 4.4%€11.0mabove the sector's middle half▲ 7.8%
Debt€9.3m▲ 106%€9.0m▼ 2.7%€9.6m▲ 6.1%€8.9m▼ 7.5%€9.4m▲ 5.8%
Working capital-€3.4mbelow the sector's middle half▼ 1,744%-€3.3mbelow the sector's middle half▲ 3.5%-€3.5mbelow the sector's middle half▼ 4.8%-€818,295below the sector's middle half▲ 76.3%-€1.1mbelow the sector's middle half▼ 31.1%
Solvency3.0%below the sector's middle half▼ 2.0pp7.7%below the sector's middle half▲ 4.6pp8.9%below the sector's middle half▲ 1.2pp12.0%within the sector's middle half▲ 3.1pp13.8%within the sector's middle half▲ 1.8pp
Current ratio0.06below the sector's middle half▼ 0.530.10below the sector's middle half▲ 0.040.12below the sector's middle half▲ 0.020.18below the sector's middle half▲ 0.060.31below the sector's middle half▲ 0.13
Return on assets (ROA)0.5%within the sector's middle half▼ 3.6pp4.7%within the sector's middle half▲ 4.2pp1.8%within the sector's middle half▼ 3.0pp2.7%within the sector's middle half▲ 0.9pp2.7%within the sector's middle half=
Staff (FTE)0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2021 Net result +808% on 2020. The accounts now follow the abbreviated schema, last year the full schema.
- 2020 Net result -74% on 2019. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 13% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11.0m
Fixed assets
€10.5m ▲ 4.9%
Current assets
€473,799 ▲ 172%
Equity and liabilities €11.0m
Equity
€1.5m ▲ 23.9%
Provisions
€106,839 ▼ 7.2%
Debt
€9.4m ▲ 5.8%
Debt's share of the balance-sheet total falls from 86.9% to 85.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€723,054▲
2023 · €700,616
Cash flow
€592,577▲
2023 · €489,475
Debt to equity
6.20▼
2023 · 7.26
ROE
19.3%▼
2023 · 22.3%
Interest coverage
4.51▼
2023 · 4.84
Debt ≤ 1 year
€1.5m▲
2023 · €992,566
Debt > 1 year
€7.8m▼
2023 · €7.9m
Income taxes
€78,609▼
2023 · €80,558
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €441,069 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €168,305 | €234,637 | €169,415 | €217,791 | €300,668 | ▲ 38.1% |
| Other operating charges640/8 | - | - | €10,927 | €34,342 | €74,199 | ▲ 116% |
| Gross operating margin9900 | - | €979,133 | €465,278 | €734,958 | €797,252 | ▲ 8.5% |
| Operating profit (loss)9901 | €122,973 | €728,437 | €284,936 | €482,825 | €422,386 | ▼ 12.5% |
| Financial income75/76B | - | - | €570 | - | €100,000 | - |
| Recurring financial income75 | €218 | €13 | €570 | - | €100,000 | - |
| Financial charges65/66B | - | - | €111,045 | €144,809 | €160,167 | ▲ 10.6% |
| Recurring financial charges65 | €71,514 | €115,507 | €111,045 | €144,809 | €160,167 | ▲ 10.6% |
| Debt charges650 | €71,514 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €51,677 | €612,942 | €174,461 | €338,016 | €362,219 | ▲ 7.2% |
| Transfer from deferred taxes780 | - | - | €14,226 | €14,226 | €8,299 | ▼ 41.7% |
| Income taxes67/77 | - | - | - | €80,558 | €78,609 | ▼ 2.4% |
| Profit (loss) for the period9904 | €51,677 | €469,353 | €188,687 | €271,684 | €291,909 | ▲ 7.4% |
| Transfer from tax-exempt reserves789 | - | - | €42,677 | €42,677 | €24,897 | ▼ 41.7% |
| Profit (loss) for the period to be appropriated9905 | €51,677 | €91,075 | €231,364 | €314,361 | €316,806 | ▲ 0.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.6m | €9.9m | €10.7m | €10.2m | €11.0m | ▲ 7.8% |
| Fixed assets21/28 | €9.4m | €9.5m | €10.2m | €10.0m | €10.5m | ▲ 4.9% |
| Tangible fixed assets22/27 | €5.6m | €5.7m | €6.4m | €6.2m | €6.7m | ▲ 7.9% |
| Land and buildings22 | - | - | €6.4m | €6.2m | €6.7m | ▲ 8.2% |
| Plant, machinery and equipment23 | - | - | €22,112 | €14,198 | €4,394 | ▼ 69.1% |
| Furniture and vehicles24 | - | - | €12,086 | €6,043 | €0 | ▼ 100% |
| Financial fixed assets28 | €3.8m | €3.8m | €3.8m | €3.8m | €3.8m | = |
| Current assets29/58 | €215,106 | €380,053 | €468,560 | €174,271 | €473,799 | ▲ 172% |
| Amounts receivable within one year40/41 | €122,582 | €88,860 | €291,498 | €92,256 | €467,102 | ▲ 406% |
| Trade receivables40 | - | - | €270,928 | €82,256 | €272,102 | ▲ 231% |
| Other amounts receivable41 | - | - | €20,570 | €10,000 | €195,000 | ▲ 1,850% |
| Cash at bank and in hand54/58 | €89,993 | €287,076 | €173,633 | €41,014 | €1,252 | ▼ 96.9% |
| Deferred charges and accrued income490/1 | - | - | €3,429 | €41,002 | €5,445 | ▼ 86.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.6m | €9.9m | €10.7m | €10.2m | €11.0m | ▲ 7.8% |
| Equity10/15 | €290,993 | €759,998 | €948,685 | €1.2m | €1.5m | ▲ 23.9% |
| Contributions10/11 | - | - | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €284,793 | €753,798 | €942,485 | €1.2m | €1.5m | ▲ 24.0% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €0 | ▼ 100% |
| Tax-exempt reserves132 | - | - | €335,601 | €292,924 | €268,027 | ▼ 8.5% |
| Distributable reserves133 | - | - | €605,024 | €919,385 | €1.2m | ▲ 34.7% |
| Provisions and deferred taxes16 | - | €143,590 | €129,364 | €115,138 | €106,839 | ▼ 7.2% |
| Deferred taxes168 | - | - | €129,364 | €115,138 | €106,839 | ▼ 7.2% |
| Amounts payable17/49 | €9.3m | €9.0m | €9.6m | €8.9m | €9.4m | ▲ 5.8% |
| Amounts payable after more than one year17 | €5.6m | €5.3m | €5.7m | €7.9m | €7.8m | ▼ 0.6% |
| Financial debts170/4 | - | - | €5.7m | €7.9m | €7.8m | ▼ 0.6% |
| Amounts payable within one year42/48 | €3.6m | €3.7m | €3.9m | €992,566 | €1.5m | ▲ 55.9% |
| Current portion of amounts payable after more than one year42 | - | - | €336,932 | €563,937 | €643,930 | ▲ 14.2% |
| Financial debts43 | - | - | €3.2m | - | - | - |
| Credit institutions430/8 | - | - | €3.2m | - | - | - |
| Trade debts44 | €5,968 | €51,718 | €209,889 | €60,304 | €44,696 | ▼ 25.9% |
| Suppliers440/4 | - | - | €209,889 | €60,304 | €44,696 | ▼ 25.9% |
| Taxes, remuneration and social security45 | - | - | €7,593 | €118,896 | €143,791 | ▲ 20.9% |
| Taxes450/3 | - | - | €7,593 | €118,896 | €143,791 | ▲ 20.9% |
| Other amounts payable47/48 | - | - | €169,018 | €249,430 | €714,545 | ▲ 186% |
| Accrued charges and deferred income492/3 | - | - | €4,857 | €4,645 | €9,022 | ▲ 94.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51,677 | €469,353 | €188,687 | €271,684 | €291,909 | ▲ 7.4% |
| + Depreciation and write-downs630 | €168,305 | €234,637 | €169,415 | €217,791 | €300,668 | ▲ 38.1% |
| Operating cash flow (approximation) | €219,982 | €703,989 | €358,102 | €489,475 | €592,577 | ▲ 21.1% |
| Investment in fixed assets (approximation) | - | -€431,087 | -€809,551 | -€48,139 | -€794,776 | ▼ 1,551% |
| Change in cash | - | €197,083 | -€113,444 | -€132,619 | -€39,762 | ▲ 70.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Equity above €1mEq €1.2m ▲28.6%
5 profitable years in a row build equity to €1.2m.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Highest result since 2019net €469,353 ▲808%
Operating result €728,437, net result €469,353, both a record.
30-06
Financial
Equity above €500,000Eq €759,998 ▲161%
3 profitable years in a row build equity to €759,998.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 1 day late
2020
30-06
Financial
Weakest financial yearnet €51,677 ▼73.8%
Net result drops to €51,677, the lowest in the series; recovery starts the following year.
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 9 days late
2017
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 84 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Puurs-Sint-Amands · 1 establishment unit since 2015
Ground area
1.4 ha
Building footprint
1,223 m²
Volume, LiDAR
16,223 m³
Parcel 12032B0655/00K000, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
EDR
since 20152.241.897.355
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12032B0655/00K000 | Flanders | 1.4 ha | 1 · 1,223 m² | 14.9 m · 4 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.
Structure & network
Owners and holdings
2 owners · 1 holdingOwners 2
- Céline Michoelnatural personSourceown accounts 30-06-202450%
- Diether De Ruytenatural personSourceown accounts 30-06-202450%
Holdings 1
- ZILVERMEEUW HOBOKENsubsidiaryEquity €672,587Result €101,814100%
According to the annual accounts to 30-06-2024 of EDR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 12,042 companies in sector 68203 we hold annual accounts for 6,005. 3,867 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-03-2015
Fiscal year end30-06
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0607866336
Registered
27-03-2026
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.