Result
€102,068 ▲ 229%
The result rose in 2025 from €31,007 to €102,068.
EDSTAB
Overview
Lifetime
2 annual accounts with figures on one time axispeak €146,916 (2025)
€146,916▲ 130%
peak €102,068 (2025)
€102,068▲ 229%
peak €134,075 (2025)
€134,075▲ 319%
€61,890▼ 16.1%
Board1 name since 2023
1 directorDELVAUX Elodie Agnès Yves
Documentsfilings and deeds
29-05-202629 days late
2025micro format
Gross margin from €63,893 to €146,916Result from €31,007 to €102,068Equity from €32,007 to €134,075Debts from €73,757 to €61,890Cash from €57,402 to €112,874
Key points
from the 2025 annual accountsLiquidity
2.99 was 1.29 in 2024
Short-term debts fell from €64,500 to €61,420.
Position in the sector
€102,068
Higher net result than 92% of companies in architecture and engineering. Sector median €16,709 · 11,795 companies.
2025 accounts filed 29 days after the deadline
Checked score
98
Excellent
Financially stronger than 82% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.6%▲ +0.1 percentage points vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.7%▲ +0.1 percentage points vs 03-2025highest value
05-2025: 0.6%▼ -0.1 percentage points vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.1%▼ -0.5 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.3%▲ +0.1 percentage points vs 05-2026
07-2026: < 0.1%▼ -0.3 percentage points vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
lowers risk
Liquidity: current ratio 2.99, cash €112,874
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Equity €134,075 (68.4% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 67% of them on solvency, 77% on liquidity, 88% on profitability and 97% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as EDSTAB has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of EDSTAB itself is lower: < 0.1% within 12 months. It rests on far more data about EDSTAB than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for EDSTAB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.99 (1.29 in 2024), above the usual 1.5. Short-term debt is 31.3% and cash 57.6% of total assets. 31.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-05-2026, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
29 days late
2024
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 29 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0804461283
First establishment
EDSTAB srl, Rue Bois-de-Graux 81, Profondeville
Incorporation
Founding capital of €1,000, 1,000 shares · Founder: DELVAUX Elodie Agnès Yves · Appointment: DELVAUX Elodie Agnès Yves (director) · published on 03-08-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EDSTAB Profondeville | €195,965 | €146,916 | 68.4% | - |
| Accipiter Herentals | €209,596 | €150,193 | 70.0% | - |
| ADVANTAGE EUROPE Tessenderlo-Ham | €190,943 | €162,000 | 74.0% | - |
| Aristo Engineering Tienen | €179,096 | €159,190 | 62.9% | - |
| COGENIS CONSULTING Braine-l'Alleud | €204,505 | €166,222 | 4.4% | - |
| Mons-Consulting-Group Mons | €217,767 | €149,951 | 73.5% | - |
| Komfor Woluwe-Saint-Pierre | €215,441 | €171,259 | -23.3% | 2.8 |
These companies have the same main activity as EDSTAB: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €179,000 and €218,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 01-08-2023Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Establishment unit
- 2.347.861.7395170 Profondeville, since 05-08-2023
- Financial year end
- 30 September
- Peppol
- Reachable since 05-11-2025
Annual accounts to 30-09-2025
- €146,916▲ 130%
- ≈ €300,000estimated
- €102,068▲ 229%
- €134,075▲ 319%
- €195,965▲ 85.3%
- ≈ 0 FTEestimated
- Filing
- Filed on 29-05-2026
Insights on EDSTAB
EDSTAB has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €134,075 and a net result of €102,068.
Its solvency ranks better than 66% of 11,794 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-05-2026, 29 days late€146,916
▲ 130%
€133,134
▲ 168%
€102,068
▲ 229%
€122,004
▲ 560%
68.4%
▲ 38.2 percentage points
2.99
▲ 1.70
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €300,000. Estimated: probably between €230,000 and €380,000.
Balance sheet
balance sheet total €195,965 on 30-09-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
68.4%
Higher than 66% of 11,794 companies in 2025.
2.99
Higher than 64% of 11,521 companies in 2025.
52.1%
Higher than 92% of 11,605 companies in 2025.
EDSTAB
Middle half of the sector
80% of the sector
Micro accounts in architecture and engineering (NACE 71)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
195,965 | 105,764 | |
21/28 |
12,542 | 22,774 | |
21 |
1,085 | - | |
22/27 |
11,399 | 22,774 | |
24 |
11,399 | 22,774 | |
28 |
57 | - | |
29/58 |
183,424 | 82,990 | |
40/41 |
68,347 | 23,508 | |
40 |
66,291 | 23,508 | |
41 |
2,055 | - | |
54/58 |
112,874 | 57,402 | |
490/1 |
2,203 | 2,081 | |
| Balance sheet: equity and liabilities | |||
10/49 |
195,965 | 105,764 | |
10/15 |
134,075 | 32,007 | |
10/11 |
1,000 | 1,000 | |
13 |
30,000 | 30,000 | |
133 |
30,000 | 30,000 | |
14 |
103,075 | 1,007 | |
17/49 |
61,890 | 73,757 | |
17 |
0 | 7,007 | |
170/4 |
0 | 7,007 | |
42/48 |
61,420 | 64,500 | |
42 |
7,007 | 6,661 | |
44 |
4,115 | 15,835 | |
440/4 |
4,115 | 15,835 | |
45 |
50,298 | 21,396 | |
450/3 |
50,298 | 21,396 | |
47/48 |
0 | 20,608 | |
492/3 |
470 | 2,250 | |
| Income statement | |||
9900 |
146,916 | 63,893 | |
62 |
900 | - | |
630 |
11,957 | 12,575 | |
640/8 |
924 | 1,724 | |
9901 |
133,134 | 49,594 | |
75/76B |
1 | 62 | |
75 |
1 | 62 | |
65/66B |
604 | 1,222 | |
65 |
604 | 1,222 | |
9903 |
132,532 | 48,434 | |
67/77 |
30,463 | 17,427 | |
9904 |
102,068 | 31,007 | |
9905 |
102,068 | 31,007 | |
| Appropriation of the result | |||
9906 |
103,075 | 31,007 | |
14P |
1,007 | - | |
691/2 |
- | 30,000 | |
6921 |
- | 30,000 | |
| Document | |||
The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 29-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 29 days after the deadline. Filed on 29 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00129991.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 145,092 | 62,169 | ||
| 114,026 | 43,582 | ||
| 1,725 | 35,349 | ||
| 55,472 | - | ||
| 122,004 | 18,490 | ||
| 68.4% | 30.3% | ||
| 2.99 | 1.29 | ||
| 0.46 | 2.30 | ||
| 76.1% | 96.9% | ||
| 52.1% | 29.3% | ||
| over 100 | 50.89 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 |
|---|---|---|
| Tangible fixed assets | €537 | €35,349 |
| Intangible fixed assets | €1,131 | - |
| Financial fixed assets | €57 | - |
| €11,957 | €12,575 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on EDSTAB
The operating result for 2025 is 168% higher than in 2024.
Debt's share of the balance-sheet total falls from 69.7% to 31.6%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 03-08-2023
term without a fixed end
Mandates through the years
1 name, the dashed line is todayDELVAUX Elodie Agnès Yves
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- DELVAUX Elodie Agnès Yves
- Director (not named in the articles), appointed by deed of 03-08-2023, still in office
Control
Capital
- Contribution
- €1,000
- Shares
- 1,000
- Contribution per share
- €1
- Equity per share
- €134 in 2025
- Source
- deed of 03-08-2023
Articles of association
deed of 03-08-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
Shareholders
At incorporation
deed of 03-08-2023 ↗
- DELVAUX Elodie Agnès Yves 1,000 shares (100%) · €1,000 in cash
Network & group
No group
EDSTAB has no parent and no holdings in its annual accounts. DELVAUX Elodie Agnès Yves is the only director. EDSTAB shares no director with another company.
Timeline
Timeline
7 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 30-04-2027
2026
Annual accounts 2025 filed PDFmicro format · 29 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0804461283
Liquidity more than doubled current ratio 2.99 The current ratio rises from 1.29 to 2.99. Short-term debt falls from €64,500 to €61,420.
Equity above €100,000 equity €134,075 ▲319% With a profit in every financial year since 2024, equity grows to €134,075.
Annual accounts 2024 filed PDFmicro format · 28 days late
2023
First establishment EDSTAB srl, Rue Bois-de-Graux 81, Profondeville
IncorporationFounding capital of €1,000, 1,000 shares · Founder: DELVAUX Elodie Agnès Yves · Appointment: DELVAUX Elodie Agnès Yves (director) · published on 03-08-20236 points ▸
- Founder, DELVAUX Elodie Agnès Yves
- Founding capital, €1,000, 1,000 shares
- 1,000 shares
- Registered office clause, 5170Lesve, rueBoisdeGraux 81
- Director appointment, DELVAUX Elodie Agnès Yves (director (not named in the articles))
- Power of attorney, Augustin de LOVINFOSSE
- The deed holds 11 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 1 August 2023, EDSTAB was incorporated as a private limited company by one natural person, with a starting capital of €1,000.12 DELVAUX Elodie Agnès Yves is director of the company, appointed by deed of 03-08-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 0804.461.283
- VAT number
- BE 0804.461.283
- Peppol ID
- 0208:0804461283
- Other Peppol ID
- 9925:BE0804461283
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 01-08-2023
- Financial year
- ends on 30 September
- Peppol
- Reachable since 05-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- EDSTAB in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 03-08-2023 (in French)
Activities
NACEBEL 202571121
Engineering and related technical consultancy, excluding land surveyors main activity
Codes under NACEBEL 2008
71121
Engineering activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Etude techniques et activités d’ingénierie liées à la construction d’immeubles, d’ouvrages d’art, de route, ou tout ouvrage lié au processus…”deed of 03-08-2023 (in French)
11 activities
- Etude techniques et activités d’ingénierie liées à la construction d’immeubles, d’ouvrages d’art, de route, ou tout ouvrage lié au processus de construction industrielle, civile ou militaire.
- Conception et suivi de projets intéressant la construction d’ouvrages.
- Activités de reconnaissance des sols.
- Activités de coordination générale sur chantier, de planification, de management de projet.
- Activités de conseils aux Maîtres de l’Ouvrage désireux de construire.
- Toutes études de stabilité des édifices et techniques spéciales du bâtiment ainsi que l’organisation de conseils et l’organisation de consultations dans ce domaine.
- La prise de participation directe ou indirecte dans toutes sociétés ou entreprises commerciales, industrielles, financières, mobilières et immobilières.
- L’exercice de tout mandat de gestion et d’administration dans toutes sociétés et associations quelconques. La société peut se porter caution ou prendre des engagements pour autrui.
- L’achat, l’administration, la vente de toutes valeurs mobilières, de tous droits sociaux et d’un manière générale toutes opérations de gestion du portefeuille ainsi constitué.
- La réalisation, pour compte propre, d’opération d’achat, de vente, de locations d’immeubles et de terrains, ainsi que les opérations de promotion associées à la réalisation de magasins de grande surface, d’immeubles d’appartements et de construction unifamiliales.
- Toutes les activités qui touchent aux opérations immobilières ou qui se rapportent directement ou indirectement à cet objet, la gestion immobilière, le lotissement, l’achat, la vente, la construction, la location, la mise en valeur de tous biens immeubles, sous réserve des restrictions légales et réglementaires et dans le respect des professions réglementées.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| EDSTAB srl registered office Rue Bois-de-Graux 81, 5170 Profondeville | 05-08-2023 | 2.347.861.739 |
Buildings and parcels at the address
- Ground area
- 1,782 m²
- Buildings
- 167 m²
- Volume, LiDAR
- 1,149 m³
- Tallest building
- 9.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 92071D0565/00X000 | 1,782 m² | 1 · 167 m² | 9.2 m · 2 |
Contact
E-mail
elodie@edstab.be
Phone
+32 470 46 38 05