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EDRC

Active
Private limited company (pre-2019)founded 201214 yrs activeAvenue des Elfes 21, 1470 Genappe, BelgiumKBO/BCE: BE 0847.101.790
Summary

The annual accounts of EDRC for fiscal year 2025 show a net loss of 55% of total assets and of 74% of the equity at the start of that year. The 2025 annual accounts show equity of €759 and a net result of €-2k. Equity is shrinking by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 22% of 8692 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency44▼-42
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
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Signals

Seven 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 2025
Age of the figures
Age of the figures
9 mo
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
highest failure risk from 2 to 8 years 14 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year €-2k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 8692 sector peers (2025).
NBB · sector comparison
Position among 8692 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
12 d early
2023
8 d early
2022
22 d late
2021
101 d late
2020
17 d late
2019
91 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 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

History

EDRC was incorporated on 3 July 2012.1 Total assets fell from EUR 7,138 in 2019 to EUR 3,924 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

Financials · fiscal year 2025, abbreviated schema

Equity
€759▼ 73.8%
2024 · €3k
Total assets
€4k▼ 17.0%
2024 · €5k
Net result
€-2k▲ 34.0%
2024 · €-3k
Working capital
€759▼ 73.8%
2024 · €3k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€-984€-698▲ 29.1%€2k€-3k€-2k▲ 31.8%
Net result€-1k€-818▲ 26.0%€2k€-3k€-2k▲ 34.0%
Equity€5k▼ 17.8%€4k▼ 16.0%€6k▲ 43.6%€3k▼ 52.8%€759▼ 73.8%
Total assets€7k▼ 24.1%€6k▼ 16.1%€7k▲ 33.3%€5k▼ 36.7%€4k▼ 17.0%
Debt€2k▼ 39.1%€1k▼ 16.3%€1k=€2k▲ 38.4%€3k▲ 73.4%
Working capital€5k▼ 10.5%€4k▼ 16.0%€6k▲ 43.6%€3k▼ 52.8%€759▼ 73.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-4k€-2k€0€2kOperating result 2021: €-984€-984Net result 2021: €-1k€-1kOperating result 2022: €-698€-698Net result 2022: €-818€-818Operating result 2023: €2k€2kNet result 2023: €2k€2kOperating result 2024: €-3k€-3kNet result 2024: €-3k€-3kOperating result 2025: €-2k€-2kNet result 2025: €-2k€-2k20212022202320242025€-4k€-2k€0€2kOperating result 2023: €2k€2kNet result 2023: €2k€1.9kOperating result 2024: €-3k€-3.1kNet result 2024: €-3k€-3.2kOperating result 2025: €-2k€-2.1kNet result 2025: €-2k€-2.1k202320242025
The operating result stays negative: a loss of €2k in 2025 against €3k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €4k
Equity €759 ▼ 73.8%
Debt €3k ▲ 73.4%
Debt's share of the balance-sheet total rises from 38.6% to 80.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€3k▲
2024 · €2k
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€5k€4k▼
Fixed assets21/28€0€0=
Tangible fixed assets22/27€0€0=
Furniture and vehicles24€0€0=
Current assets29/58€5k€4k▼
Amounts receivable within one year40/41€2k€2k=
Trade receivables40€2k€2k=
Cash at bank and in hand54/58€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€5k€4k▼
Equity10/15€3k€759▼
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Profit (loss) carried forward14€-3k€-5k▼
Amounts payable17/49€2k€3k▲
Amounts payable within one year42/48€2k€3k▲
Other amounts payable47/48€2k€3k▲
Income statement Code20242025
Other operating charges640/8€30€0▼
Gross operating margin9900€-3k€-2k▲
Operating profit (loss)9901€-3k€-2k▲
Financial charges65/66B€98-
Recurring financial charges65€98-
Profit (loss) for the period before taxes9903€-3k€-2k▲
Income taxes67/77€5-
Profit (loss) for the period9904€-3k€-2k▲
Profit (loss) for the period to be appropriated9905€-3k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-5k▼
Profit (loss) brought forward from the previous period14P€-54€-3k▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€505€0----
Other operating charges640/8€95--€30€0▼ 100%
Gross operating margin9900€-384€-698€2k€-3k€-2k▲ 31.2%
Operating profit (loss)9901€-984€-698€2k€-3k€-2k▲ 31.8%
Financial charges65/66B€122€120€120€98--
Recurring financial charges65€122€120€120€98--
Profit (loss) for the period before taxes9903€-1k€-818€2k€-3k€-2k▲ 33.9%
Income taxes67/77---€5--
Profit (loss) for the period9904€-1k€-818€2k€-3k€-2k▲ 34.0%
Profit (loss) for the period to be appropriated9905€-1k€-818€2k€-3k€-2k▲ 34.0%
Line20212022202320242025Change
Assets
Total assets20/58€7k€6k€7k€5k€4k▼ 17.0%
Fixed assets21/28€0€0€0€0€0-
Tangible fixed assets22/27€0€0€0€0€0-
Furniture and vehicles24€0€0€0€0€0-
Current assets29/58€7k€6k€7k€5k€4k▼ 17.0%
Amounts receivable within one year40/41€3k€2k€2k€2k€2k=
Trade receivables40€2k€2k€2k€2k€2k=
Other amounts receivable41€500-----
Cash at bank and in hand54/58€4k€3k€5k€2k€2k▼ 32.8%
Equity and liabilities
Total equity and liabilities10/49€7k€6k€7k€5k€4k▼ 17.0%
Equity10/15€5k€4k€6k€3k€759▼ 73.8%
Contributions10/11€6k€6k€6k€6k€6k=
Outside capital11--€6k€6k€6k=
Other1109/19--€6k€6k€6k=
Profit (loss) carried forward14€-1k€-2k€-54€-3k€-5k▼ 64.9%
Amounts payable17/49€2k€1k€1k€2k€3k▲ 73.4%
Amounts payable within one year42/48€2k€1k€1k€2k€3k▲ 73.4%
Trade debts44€675€1k----
Suppliers440/4€675€1k----
Other amounts payable47/48€901-€1k€2k€3k▲ 73.4%
Line20212022202320242025Change
Profit (loss) for the period9904€-1k€-818€2k€-3k€-2k▲ 34.0%
+ Depreciation and write-downs630€505€0----
Operating cash flow (approximation)€-601€-818€2k€-3k€-2k▲ 34.0%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€-575€2k€-3k€-803▲ 70.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
19-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
23-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €2k
Net result €2k after 2 loss-making years.
22-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
09-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 101 days late
2021
17-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2018
05-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 127 days late
2017
08-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 8 days late
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Genappe
exact location from the address register On OpenStreetMap
Ground area
1,747 m²
Building footprint
118 m²
Parcel 25003M0249/00B002, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25003M0249/00B002 Wallonia 1,747 m² 1 · 118 m² -
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.

Similar companies · same sector, comparable size

Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 4,023 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 (pre-2019)
Founded03-07-2012
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy

Scores and ratios are computed by Checked and are not a credit decision.