EDY CONSTRUCT
ActiveSummary
EDY CONSTRUCT has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €329,565 and a net result of €68,555. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 87% of 34,807 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
- Equity
- €329,565
- Profit
- €68,555
Why 84raises risk1 of the last 3 lateSector: Specialised construction activities (NACE 43)Liquidity: current ratio 5.63, cash €6,171lowers riskFounded in 2011Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 90% on solvency, 38% on liquidity, 76% on profitability and 72% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 78 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €68,555
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 102% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,693 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €244 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,027 | €13,536 | €4,245 | €2,877 | €2,799 | €3,047 | €2,744 | ▼ 9.9% |
| Other operating charges640/8 | - | - | €1,026 | €4,498 | €1,847 | €1,414 | €1,103 | ▼ 22.0% |
| Gross operating margin9900 | €77,818 | €97,367 | €142,456 | €7,524 | €2,749 | €55,048 | €106,010 | ▲ 92.6% |
| Operating profit (loss)9901 | €68,277 | €83,187 | €136,941 | €149 | -€1,897 | €50,588 | €102,162 | ▲ 102% |
| Financial income75/76B | - | - | €16 | €1 | €23 | €129 | €4 | ▼ 97.2% |
| Recurring financial income75 | €25 | - | €16 | €1 | €23 | €129 | €4 | ▼ 97.2% |
| Financial charges65/66B | - | - | €947 | €400 | €1,024 | €2,794 | €145 | ▼ 94.8% |
| Recurring financial charges65 | €175 | €2,113 | €947 | €400 | €1,024 | €2,794 | €145 | ▼ 94.8% |
| Profit (loss) for the period before taxes9903 | €68,127 | €81,074 | €136,010 | -€250 | -€2,898 | €47,923 | €102,021 | ▲ 113% |
| Income taxes67/77 | €15,062 | €17,288 | €31,143 | €99 | - | €59,558 | €33,466 | ▼ 43.8% |
| Profit (loss) for the period9904 | €53,065 | €63,786 | €104,867 | -€350 | -€2,898 | -€11,635 | €68,555 | - |
| Profit (loss) for the period to be appropriated9905 | €53,065 | €63,786 | €104,867 | -€350 | -€2,898 | -€11,635 | €68,555 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €156,209 | €244,903 | €351,925 | €298,731 | €334,394 | €328,245 | €399,705 | ▲ 21.8% |
| Fixed assets21/28 | €17,857 | €9,586 | €7,143 | €5,497 | €4,691 | €4,782 | €4,899 | ▲ 2.5% |
| Tangible fixed assets22/27 | €17,857 | €9,586 | €7,143 | €5,497 | €4,691 | €4,782 | €4,899 | ▲ 2.5% |
| Plant, machinery and equipment23 | - | - | €1,905 | €287 | €290 | €701 | €376 | ▼ 46.4% |
| Furniture and vehicles24 | - | - | €5,238 | €5,210 | €4,401 | €4,081 | €4,523 | ▲ 10.8% |
| Current assets29/58 | €138,351 | €235,317 | €344,782 | €293,234 | €329,703 | €323,463 | €394,806 | ▲ 22.1% |
| Stocks and contracts in progress3 | - | - | - | - | €2,539 | - | - | - |
| Stocks30/36 | - | - | - | - | €2,539 | - | - | - |
| Amounts receivable within one year40/41 | €122,390 | €225,641 | €341,254 | €290,415 | €319,980 | €317,665 | €387,916 | ▲ 22.1% |
| Trade receivables40 | - | - | €44,273 | €70,958 | €70,471 | €36,539 | €27,160 | ▼ 25.7% |
| Other amounts receivable41 | - | - | €296,981 | €219,456 | €249,509 | €281,125 | €360,756 | ▲ 28.3% |
| Cash at bank and in hand54/58 | €9,961 | €9,675 | €2,929 | €2,314 | €5,432 | €5,639 | €6,171 | ▲ 9.4% |
| Deferred charges and accrued income490/1 | - | - | €599 | €505 | €1,752 | €159 | €719 | ▲ 351% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €156,209 | €244,903 | €351,925 | €298,731 | €334,394 | €328,245 | €399,705 | ▲ 21.8% |
| Equity10/15 | €107,568 | €171,354 | €275,893 | €275,543 | €272,646 | €261,011 | €329,565 | ▲ 26.3% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €99,508 | €163,294 | €267,833 | €267,483 | €264,586 | €252,951 | €321,505 | ▲ 27.1% |
| Amounts payable17/49 | €48,640 | €73,549 | €76,032 | €23,188 | €61,749 | €67,234 | €70,140 | ▲ 4.3% |
| Amounts payable after more than one year17 | €8,960 | €4,877 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €39,681 | €68,672 | €76,032 | €23,188 | €61,749 | €67,234 | €70,140 | ▲ 4.3% |
| Current portion of amounts payable after more than one year42 | - | - | €4,877 | - | €7,291 | €1,757 | - | - |
| Trade debts44 | €20,536 | €28,909 | €28,049 | €5,507 | €54,458 | €15,088 | €36,883 | ▲ 144% |
| Suppliers440/4 | - | - | €28,049 | €5,507 | €54,458 | €15,088 | €36,883 | ▲ 144% |
| Taxes, remuneration and social security45 | - | - | €43,106 | €17,681 | - | €50,389 | €33,257 | ▼ 34.0% |
| Taxes450/3 | - | - | €38,145 | €17,681 | - | €50,389 | €33,053 | ▼ 34.4% |
| Remuneration and social security454/9 | - | - | €4,961 | - | - | - | €204 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €53,065 | €63,786 | €104,867 | -€350 | -€2,898 | -€11,635 | €68,555 | - |
| + Depreciation and write-downs630 | €8,027 | €13,536 | €4,245 | €2,877 | €2,799 | €3,047 | €2,744 | ▼ 9.9% |
| Operating cash flow (approximation) | €61,091 | €77,322 | €109,112 | €2,528 | -€98 | -€8,588 | €71,299 | - |
| Investment in fixed assets (approximation) | - | -€5,265 | -€1,802 | -€1,232 | -€1,993 | -€3,137 | -€2,862 | ▲ 8.8% |
| Change in cash | - | -€286 | -€6,746 | -€615 | €3,118 | €206 | €532 | ▲ 158% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 29-04-2026 | 2026-00092015 |
| 30-09-2024 | micro format | 30-09-2026 | 2026-00534668 |
| 30-09-2023 | micro format | 30-04-2024 | 2024-00083202 |
| 30-09-2022 | micro format | 28-04-2023 | 2023-00069912 |
| 30-09-2021 | micro format | 29-04-2022 | 2022-20020873 |
| 30-09-2020 | micro format | 30-04-2021 | 2021-13300514 |
| 30-09-2019 | micro format | 29-05-2020 | 2020-14600509 |
| 30-09-2018 | micro format | 30-04-2019 | 2019-12300555 |
| 30-09-2017 | micro format | 30-04-2018 | 2018-11100264 |
| 30-09-2016 | full format | 28-04-2017 | 2017-11400349 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 29-01-2024 Capital stated in the deed · 120 shares
Group and network
Connections & network
No directors read yet: 1 of 4 Gazette acts processed.
History
Acts, filings and financial milestones
29-01
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsCapital · Capital conversion · Director in office9 facts ▸
- Capital (2 times)
- General meeting, “assemblée générale extraordinaire des actionnaires, extraordinaire” (deed in French)
- Amendment of the articles (2 times)
- Capital conversion, “2°/, capital effectivement libéré et réserve légale convertis plein droit en compte capitaux propres statutairement indisponible” (deed in French)
- Other provision, “fonds disponibles pour distribution, suppression compte indisponible créé par loi” (deed in French)
- Director in office, SOARE Eugen (director)
- Other provision, “STATUTS CHAPITRE I DÉNOMINATION,SIEGE,OBJET,DURÉE” (deed in French)
- Other provision, “CHAPITRE II PATRIMOINE DE LA SOCIETE” (deed in French)
- Other provision, “CHAPITRE IV ADMINISTRATION–SURVEILLANCE Article 13 Administration” (deed in French)
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0841.036.916
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21010B0164/00S004 | Brussels | 83 m² | 1 · 67 m² | 14.3 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La menuiserie et la charpenterie en général,la fabrication,l'achat,la vente,l'importation,l'exportation,le placement et le traitement de…” (deed in French)
8 activities (deed in French)
- La menuiserie et la charpenterie en général,la fabrication,l'achat,la vente,l'importation,l'exportation,le placement et le traitement de meubles,escaliers,parquets,planchers,portes et fenêtres,tant en bois qu'en d'autres matières,ainsi que de tous appareils,machines et produits y afférents directement ou indirectement
- La réalisation au sens le plus large de tous travaux de toitures
- La réalisation au sens le plus large de tous travaux d'isolation thermique et acoustique
- La réalisation au sens le plus large de tous travaux d'étanchéification des toits,toitures et terrasses
- La prise en considération de tous travaux concernant le chauffage,la peinture,le carrelage,la distribution de l'eau,du gaz,de l'électricité,etc.
- L'étude et la réalisation de tous travaux de plafonnage,de construction,publics et privés,en qualité d'entrepreneur général ou en sous-traitance,la conception et la construction de tous bâtiments et édifices,l'étude et la réalisation de décorations tant intérieures qu'extérieures,le nettoyage de chantiers et d'immeubles
- Toutes opérations se rapportant directement ou indirectement à l'entretien,la rénovation,les travaux de réparations,d'embellissements,de renouvellement et de modernisation,et la maintenance de tous les types d'ouvrage d'art,de parcs et de jardins,de biens immeubles,et plus généralement toutes opérations se rapportant directement ou indirectement aux secteurs des travaux publics et privés et du bâtiment
- L'achat,la vente,la location,l'importation,l'exportation de tous matériaux,marchandises,appareils et outillages nécessaires aux travaux de construction,d'entretien,de maintenance,de réparation
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- EDY CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, Article 2” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone“1°/ d’adapter les statuts aux dispositions du Code des Sociétés et des Associations, de conserver la forme légale de la société à…”
Full text
1°/ d’adapter les statuts aux dispositions du Code des Sociétés et des Associations, de conserver la forme légale de la société à responsabilité limitée (en abrégé SRL) et de modifier ou confirmer les pouvoirs de représentations afin de permettre à un administrateur de représenter seul la société 2°/ de constater que le capital effectivement libéré et la réserve légale de la société ont été convertis de plein droit en un compte de capitaux propres statutairement indisponible et que la partie non encore libérée du capital a été convertie en un compte de capitaux propres “apports non appelés”, en application de la loi.
- Board ruleHow the board is made up, meets and takes decisions.
- “Loi et statuts réservés à l'assemblée générale, pouvoirs spéciaux à tout mandataire” (deed in French)“Avec/sans limitation,statutaire si nommés statuts, Article 13” (deed in French)3 more provisions on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cession entre vifs ou transmission cause mort, Article 10” (deed in French)“Refus agrément cession entre vifs, Société,parties cession,actionnaires opposés” (deed in French)“Transmission cause mort non visés article 10 non agréés, actif net actions défunt résultant derniers comptes annuels approuvés” (deed in French)
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- “Émettre actions nouvelles,obligations convertibles,droits souscription, autorisation” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Wednesday of March at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Dissolution éventuelle ou autres mesures de continuité annoncées, rapport spécial exposant mesures de continuité” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pouvoirs les plus étendus conférés par articles 2:87 et suivants du Code des Sociétés et des Associations, dissolution pour quelque cause et…” (deed in French)