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EDZ Diffusion

Active Private limited companyfounded 2005active for 21 yearsRue de la Briqueterie 9 BIS, 5340 GesvesKBO/BCE: BE 0875.531.007

Lifetime

19 annual accounts with figures on one time axis
Gross marginpeak €190,637 (2017)
€33,002▲ 15.6%
Resultlowest -€402,192 (2015)
€2,706▲ 1.5%
Equitypeak €79,373 (2008)
-€169,528▲ €2,706
Debts
€571,650▲ 4.0%
Staffpeak 3 FTE (2013)
-not published
Board2 names since 2024
2 directorsEtienne DETHIER and 1 other
Documentsfilings and deeds
18-11-2025110 days late
2024micro format
Gross margin from €28,549 to €33,002Changes of role: Etienne DETHIER (director) and Marie-Hélène… 10-01

Key points

from the 2024 annual accounts

Equity

-€169,528
201920202021202220232024

Debts exceed assets in financial year 2024.

Profit

9 years
2018201920202021202220232024

9 profitable years in a row. Profit 2024: €2,706.

Debts

€571,650 142% of the balance sheet
Financial debts 53%Suppliers 46%

Of this, €449,231 falls due within a year.

Investments

€10,434 1.7 × depreciation
20222024

Green is investment, beige is depreciation.

Payment terms

531 days to suppliers
Suppliers
483 to 531
Customers
80 to 114

EDZ Diffusion pays its suppliers 48 days later than in 2023. Customers pay 34 days later.

Filings

19 annual accounts 97 days past the deadline
AprilJune31 JulyOctober201020152020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

32
Weak
Financially stronger than 24% of micro companies in wholesale trade (NACE 46)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
8.0% Elevated
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,896 companies (NACE 46, micro).

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 11.1% 01-2025: 15.8%▲ +4.7 percentage points vs 12-2024 02-2025: 15.8%● unchanged vs 01-2025 03-2025: 16.1%▲ +0.3 percentage points vs 02-2025 04-2025: 14.8%▼ -1.3 percentage points vs 03-2025 05-2025: 14.8%● unchanged vs 04-2025 06-2025: 14.8%● unchanged vs 05-2025 07-2025: 14.8%● unchanged vs 06-2025 08-2025: 17.7%▲ +2.9 percentage points vs 07-2025highest value 09-2025: 17.7%● unchanged vs 08-2025highest value 10-2025: 17.7%● unchanged vs 09-2025highest value 11-2025: 17.7%● unchanged vs 10-2025highest value 12-2025: 5.0%▼ -12.7 percentage points vs 11-2025 01-2026: 5.0%● unchanged vs 12-2025 02-2026: 5.0%● unchanged vs 01-2026 03-2026: 5.3%▲ +0.3 percentage points vs 02-2026 04-2026: 5.3%● unchanged vs 03-2026 05-2026: 5.3%● unchanged vs 04-2026 06-2026: 5.0%▼ -0.3 percentage points vs 05-2026 07-2026: 4.8%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 6.1%▲ +1.3 percentage points vs 07-2026 09-2026: 6.7%▲ +0.6 percentage points vs 08-2026 10-2026: 8.0%▲ +1.3 percentage points vs 09-2026 11-2026: 8.0%● unchanged vs 10-2026

Financial strength
Weak

Solvency
0=equity -42.2% of total assets
Liquidity
0=short-term debt 111.7%
Profitability
47+2return on assets 0.7%

Score breakdown

raises risk
Liquidity: current ratio 0.61
Figures for financial year 2024 (filed on 18-11-2025)
No registered site in the KBO
lowers risk
Founded in 2005
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 46, micro). It does better than 6% of them on solvency, 1% on liquidity, 37% on profitability and 53% on growth.

The bankruptcy probability was computed on 04-11-2026 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 31-12-2024.

Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 1,449 companies had the same profile as EDZ Diffusion has now. Each dot stands for 4 companies, two years later.

92.3%
were still trading
4.8%
stopped another way
2.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a profit under 5% of the balance sheet

Another 0.5% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of EDZ Diffusion itself is higher: 8.0% within 12 months. It rests on far more data about EDZ Diffusion than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,449 companies, not a prediction for EDZ Diffusion. 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

No credit on open account

Liquidity is insufficient, with a current ratio of 0.61 (0.59 in 2023), below 1. Short-term debt is 111.7% of total assets. Equity is negative.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.61
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed on 18-11-2025)
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
raises risk · 2024 accounts filed 110 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-11-2025, 110 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
110 days late
2023
475 days late
2022
240 days late
2021
139 days late
2020
142 days late
2019
153 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 6 accounts on average 210 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

ED
Director
Board & ownership

Recent changes

Judicial annulment Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0875531007
Judicial dissolution and immediate closure Enterprise Court of Liège, Namur division · judgment of 30-10-2025 · Bankruptcy
Changes of role: Etienne DETHIER (director) and Marie-Hélène ZICOT (director) “L’importation et l’exportation de toutes marchandises alimentaires,épicerie fine,alcools,vins et spiritueux…” (deed in French) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 20-12-2023 · Gazette deed
All 30 events

Official details

Source: KBO
Status
Active since 11-08-2005Normal situation
Activity
Other retail sale of foodNACE 47279
Financial year end
31 December
Peppol
Reachable since 23-12-2025
Company details

Annual accounts 2024

Total assets
€402,123▲ 6.6%
Filing
Filed on 18-11-2025
Financials

Insights on EDZ Diffusion

EDZ Diffusion files the micro format. That format states no turnover. The gross margin fell from €47,313 in 2006 to €33,002 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about EDZ Diffusion

What is the company number of EDZ Diffusion?
The company number of EDZ Diffusion is 0875.531.007. The VAT number is the same number with BE in front: BE 0875.531.007.
Where is EDZ Diffusion based?
The registered office is at Rue de la Briqueterie 9 BIS, 5340 Gesves.Company details
What is the legal form of EDZ Diffusion?
EDZ Diffusion is a private limited company (BV).
When was EDZ Diffusion founded?
EDZ Diffusion was founded on 11-08-2005.
Is EDZ Diffusion still active?
Yes, EDZ Diffusion is an active enterprise in the KBO register.
What is the turnover of EDZ Diffusion?
The turnover of EDZ Diffusion was €208,873 in financial year 2024, according to the filed annual accounts.Financials
Is EDZ Diffusion profitable?
In financial year 2024, EDZ Diffusion made a profit of €2,706.
Where can I find the annual accounts of EDZ Diffusion?
EDZ Diffusion filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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