EDZ Diffusion

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

EDZ Diffusion

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Overview

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

Debts exceed assets in financial year 2024.

Profit

9 years

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

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

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

Checked score

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.

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

Six signals.

lowers riskraises risk

Liquidity: current ratio 0.61

NBB · annual accounts

Figures for financial year 2024 (filed on 18-11-2025)

NBB · annual accounts

No registered site in the KBO

KBO · seat and establishments

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

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

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)

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Board and ownership

Etienne DETHIER

Director

Marie-Hélène ZICOT

Director

Board & ownership

Recent changes

23-02-2026

Judicial annulment Gazette deed

23-12-2025

Registered in the Peppol Directory Reachable for e-invoices through 0208:0875531007

04-11-2025

Judicial dissolution and immediate closure Enterprise Court of Liège, Namur division · judgment of 30-10-2025 · Bankruptcy

10-01-2024

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

Turnover: €208,873▲ 3.2%
Profit: €2,706▲ 1.5%
Equity: -€169,528▲ 1.6%
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.

Financials

Annual accounts 2024

micro format, filed on 18-11-2025, 110 days late

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 5 November 2026.

Turnover

€208,873

▲ 3.2%

Operating result

€22,909

▲ 0.9%

EBITDA

€29,103

▲ 7.3%

Cash flow

€8,900

▲ 25.9%

Solvency

-42.2%

▲ 3.5 percentage points

Current ratio

0.61

▲ 0.02

Money flows

of every €100 of turnover, €1.30 remains as profit in 2024

Balance sheet

balance sheet total €402,123 on 31-12-2024

What the company ownsHow it is paid for

Change in equityin euro

Change in cash

Staff

Staff cost per FTE

Staff costs divided by the average number of full-time equivalents.

Joined and left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	402,123	377,260	396,915	447,396	424,878	451,797	502,962	628,085	626,012	638,750	1.0m	908,497	898,629	885,005	874,795	836,962	789,921	741,995	653,001
Formation expenses`20`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	620	1,502	2,467	3,434
Fixed assets`21/28`	128,802	124,563	128,968	133,340	143,078	151,741	171,068	171,068	160,665	167,848	178,241	187,244	207,890	236,749	254,843	231,851	233,704	232,917	235,523
Intangible fixed assets`21`	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Tangible fixed assets`22/27`	128,301	124,062	128,467	132,839	142,577	151,240	170,567	170,567	160,164	167,847	178,240	187,243	207,889	236,748	254,842	231,230	232,201	230,449	232,088
Land and buildings`22`	119,343	123,842	128,340	132,839	137,337	141,836	150,833	150,833	155,331	159,830	164,328	168,827	173,325	177,823	182,322	186,821	191,319	186,365	187,035
Plant, machinery and equipment`23`	8,848	-	-	-	-	-	863	863	2,564	4,290	7,953	12,352	17,656	23,045	25,179	25,831	23,126	19,744	18,668
Furniture and vehicles`24`	110	220	-	-	4,411	8,998	18,059	18,059	2,268	3,727	5,958	6,064	16,908	19,504	26,286	18,578	17,756	24,340	26,385
Leasing and similar rights`25`	-	0	127	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	500	500	500	500	500	500	500	500	500	-	-	-	-	-	-	-	-	-	-
Current assets`29/58`	273,320	252,698	267,947	314,056	281,800	300,056	331,894	457,017	465,347	470,902	823,713	721,253	690,739	648,256	619,952	605,111	556,217	509,078	417,478
Stocks and contracts in progress`3`	153,277	156,735	164,000	179,000	188,804	194,473	185,657	195,718	214,581	232,103	416,807	347,425	306,785	307,648	280,648	255,457	240,786	231,050	206,424
Stocks`30/36`	153,277	156,735	164,000	179,000	188,804	194,473	185,657	195,718	214,581	232,103	416,807	347,425	306,785	307,648	280,648	255,457	240,786	231,050	206,424
Amounts receivable within one year`40/41`	120,044	95,963	103,306	123,865	85,181	101,283	124,605	255,887	223,136	210,046	354,150	324,951	364,760	204,502	287,421	278,118	271,607	249,154	199,903
Trade receivables`40`	65,263	44,334	58,405	65,461	52,830	70,049	96,305	222,931	191,124	174,643	301,038	296,128	335,627	182,753	273,777	259,617	253,171	230,718	186,467
Other amounts receivable`41`	54,781	51,629	44,901	58,404	32,351	31,234	28,300	32,956	32,011	35,402	53,112	28,823	29,133	21,749	13,644	18,501	18,436	18,436	13,436
Cash at bank and in hand`54/58`	-	0	0	11,191	7,815	3,052	15,350	-	27,630	28,754	52,755	46,780	19,194	130,405	50,876	66,154	42,921	27,971	10,270
Deferred charges and accrued income`490/1`	-	-	641	-	-	1,248	6,282	5,412	-	-	-	2,098	-	5,701	1,007	5,382	903	903	881
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	402,123	377,260	396,915	447,396	424,878	451,797	502,962	628,085	626,012	638,750	1.0m	908,497	898,629	885,005	874,795	836,962	789,921	741,995	653,001
Equity`10/15`	-169,528	-172,233	-174,898	-183,349	-190,647	-197,811	-200,261	-202,265	-319,106	-328,459	74,382	73,736	72,631	67,112	73,006	72,226	79,373	78,868	77,668
Contributions`10/11`	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	87,600
Issued capital`100`	-	-	-	-	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000
Uncalled capital`101`	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	12,400
Reserves`13`	115,979	115,979	115,979	115,979	115,979	115,979	115,979	115,979	-	-	-	-	-	-	-	-	-	-	-
Tax-exempt reserves`132`	115,979	115,979	115,979	115,979	115,979	115,979	115,979	115,979	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	-385,507	-388,213	-390,878	-399,329	-406,626	-413,790	-418,187	-420,192	-421,054	-431,056	-28,863	-30,222	-31,987	-32,888	-26,994	-27,774	-20,627	-21,132	-9,932
Investment grants`15`	-	-	-	-	-	-	1,947	1,947	1,947	2,596	3,245	3,958	4,618	-	-	-	-	-	-
Amounts payable`17/49`	571,650	549,493	571,813	630,745	615,525	649,608	703,223	830,350	945,118	967,210	927,571	834,762	825,998	817,893	801,789	764,736	710,548	663,127	575,333
Amounts payable after more than one year`17`	122,419	122,419	122,331	126,131	131,262	148,786	178,008	161,558	154,518	182,884	188,052	226,367	269,688	284,499	275,913	262,833	290,146	271,517	269,615
Financial debts`170/4`	122,419	122,419	122,331	126,131	131,262	148,786	178,008	161,558	154,518	182,884	188,052	226,367	264,001	262,739	254,458	250,020	272,726	241,044	217,153
Other amounts payable`178/9`	-	-	-	-	-	-	-	-	-	-	-	-	5,687	21,760	21,455	12,813	17,420	30,473	52,462
Amounts payable within one year`42/48`	449,231	427,074	449,482	504,613	484,263	500,822	525,215	668,791	790,057	784,325	738,128	608,395	556,310	533,394	525,876	501,903	420,402	391,610	305,718
Current portion of amounts payable after more than one year`42`	-	0	392	11,992	19,681	14,506	13,726	23,680	33,464	49,855	38,293	37,564	39,850	35,887	54,517	61,750	17,737	16,145	11,997
Financial debts`43`	181,480	182,589	223,569	205,265	209,671	237,569	154,394	344,450	354,627	354,238	370,019	204,054	-	-	-	23,745	22,840	27,338	-
Credit institutions`430/8`	181,480	182,589	223,569	205,265	209,671	237,569	154,394	344,450	354,627	354,238	370,019	204,054	-	-	-	23,745	22,840	27,338	-
Trade debts`44`	264,477	232,355	212,808	248,383	234,658	227,798	244,761	257,162	332,134	309,612	278,180	334,316	454,239	430,816	422,990	377,170	339,545	301,621	258,218
Suppliers`440/4`	264,477	232,355	212,808	248,383	234,658	227,798	244,761	257,162	332,134	309,612	278,180	334,316	453,219	430,816	414,157	377,170	339,545	301,621	258,168
Bills of exchange payable`441`	-	-	-	-	-	-	-	-	-	-	-	-	1,020	-	8,833	-	-	-	50
Advances received on contracts in progress`46`	1,757	1,757	1,757	1,757	1,757	1,757	1,757	1,757	1,757	1,757	-	-	-	-	-	-	-	-	-
Taxes, remuneration and social security`45`	-	-	-	17,078	2,672	15,030	27,863	40,989	68,076	68,863	45,068	31,406	62,186	66,656	48,334	39,203	40,280	46,506	35,503
Taxes`450/3`	-	-	-	17,078	2,672	12,689	25,242	38,356	59,316	51,337	44,006	26,145	45,270	54,043	41,848	31,002	40,280	42,297	35,225
Remuneration and social security`454/9`	-	-	-	-	-	2,341	2,621	2,633	8,760	17,526	1,062	5,261	16,916	12,613	6,486	8,201	-	4,209	278
Other amounts payable`47/48`	1,517	10,374	10,956	20,138	15,824	4,162	82,714	754	-	-	6,567	1,055	35	35	35	35	-	-	-
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	-	543	-	1,392	-	-	-	-	-	-	-	-
Income statement
Turnover`70`	208,873	202,437	233,978	284,096	230,288	222,432	251,633	-	-	-	-	-	-	-	-	-	-	-	-
Non-recurring operating income`76A`	-	-	-	-	-	-	-	116,140	-	-	-	-	1,319	20	1,171	-	-	-	103
Gross operating margin`9900`	33,002	28,549	35,474	40,997	38,137	48,881	43,088	190,637	115,270	137,202	122,097	158,391	170,911	151,416	132,355	111,257	123,563	73,895	47,313
Goods, raw materials, services and sundry goods`60/61`	181,654	175,673	198,503	255,024	204,878	174,509	208,545	-	-	-	-	-	-	-	-	-	-	-	-
Remuneration, social security and pensions`62`	-	13	-	-	-	5,258	8,706	17,530	39,889	95,912	14,213	51,710	73,018	59,131	56,419	44,275	37,442	27,383	3,795
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	6,195	4,405	4,701	9,113	9,288	9,288	-	12,400	7,864	12,060	13,422	14,606	17,560	22,926	23,123	18,897	16,823	15,207	13,990
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-171	-	-	-	-	6,199	-	-	660	-	-	-	-	-
Other operating charges`640/8`	3,166	1,417	6,865	8,409	5,191	10,713	11,373	19,145	24,136	58,637	49,625	53,808	49,280	47,005	32,037	23,946	36,931	17,794	28,710
Non-recurring operating charges`66A`	732	-	-	-	1,839	-	2,859	-	-	336,619	2,802	10,411	1,101	-	-	465	926	-	-
Operating profit (loss)`9901`	22,909	22,714	23,908	23,476	21,819	23,793	20,150	141,561	43,381	-366,025	38,638	38,267	31,053	21,694	20,776	24,139	32,367	13,511	818
Financial income`75/76B`	-	-	-	-	-	2,002	-	25	729	744	902	1,006	2,153	173	584	930	870	220	60
Recurring financial income`75`	-	-	-	-	-	2,002	-	25	729	744	902	1,006	2,153	173	584	930	870	220	60
Financial charges`65/66B`	18,507	20,048	15,457	16,035	14,145	22,177	18,145	24,745	34,108	36,918	33,734	25,753	28,486	25,887	21,021	31,751	31,806	24,931	10,913
Recurring financial charges`65`	18,507	20,048	15,457	16,035	14,145	22,177	18,145	24,745	34,108	36,918	33,734	25,753	28,486	25,887	21,021	31,751	31,806	24,931	10,913
Profit (loss) for the period before taxes`9903`	4,401	2,665	8,451	7,440	7,674	3,618	2,005	116,841	10,002	-402,199	3,004	3,109	4,938	-4,000	1,510	-7,147	505	-11,200	-9,932
Income taxes`67/77`	1,696	-	-	143	510	-	-	-	-	-7	1,646	1,344	4,037	1,894	730	-	-	-	-
Profit (loss) for the period`9904`	2,706	2,665	8,451	7,297	7,164	3,618	2,005	116,841	10,002	-402,192	1,359	1,765	901	-5,894	780	-7,147	505	-11,200	-9,932
Transfer to tax-exempt reserves`689`	-	-	-	-	-	-	-	115,979	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period to be appropriated`9905`	2,706	2,665	8,451	7,297	7,164	3,618	2,005	861	10,002	-402,192	1,359	1,765	901	-5,894	780	-7,147	505	-11,200	-9,932
Appropriation of the result
Profit (loss) to be appropriated`9906`	-385,507	-388,213	-390,878	-399,329	-406,626	-413,790	-418,187	-420,192	-421,054	-431,056	-28,863	-30,222	-31,987	-32,888	-26,994	-27,774	-20,627	-21,132	-9,932
Profit (loss) brought forward from the previous period`14P`	-388,213	-390,878	-399,329	-406,626	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	-	-	-	-	0.5	1.2	3	-	3	2.6	2	1.6	1.6	1.6	1	0.2
Hours worked`1013`	-	-	-	-	-	-	-	940	1,830	5,266	-	2,409	4,081	3,768	3,018	2,832	3,148	1,879	251
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 8 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 2024 (PDF), filed on 18-11-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2024	micro format	18-11-2025	2025-00567489	PDF
31-12-2023	micro format	18-11-2025	2025-00567481	PDF
31-12-2022	micro format	27-03-2024	2024-00050701	PDF
31-12-2021	micro format	17-12-2022	2022-20541821	PDF
31-12-2020	micro format	20-12-2021	2021-80900108	PDF
31-12-2019	micro format	31-12-2020	2020-77900162	PDF
31-12-2018	micro format	23-08-2019	2019-50200008	PDF
31-12-2017	micro format	19-11-2018	2018-72500077	PDF
31-12-2016	micro format	24-10-2017	2017-67700019	PDF
31-12-2015	full format	22-08-2017	2017-49300027	PDF
31-12-2014	full format	07-08-2015	2015-41100386	PDF
31-12-2013	full format	04-08-2014	2014-39700015	PDF
31-12-2012	full format	14-09-2013	2013-58500106	PDF
31-12-2011	full format	30-08-2012	2012-53700438	PDF
31-12-2010	full format	31-08-2011	2011-53000507	PDF
31-12-2009	full format	30-08-2010	2010-49900530	PDF
31-12-2008	full format	29-08-2009	2009-69500051	PDF
31-12-2007	full format	30-08-2008	2008-70400344	PDF
31-12-2006	full format	31-08-2007	2007-68200216	PDF

Key figures and ratios

per financial year, computed from the annual accounts

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	29,103	27,119	28,609	32,589	31,107	33,081	-	153,962	51,245	-353,966	52,060	52,873	48,613	44,620	43,899	43,036	49,190	28,718	14,808
Cash flow	8,900	7,071	13,152	16,410	16,452	12,906	-	129,241	17,866	-390,133	14,781	16,370	18,461	17,032	23,903	11,750	17,328	4,007	4,058
Investment in fixed assets (approximation)	10,434	0	330	-625	625	-10,039	-	22,802	681	1,667	4,419	4,371	788	4,832	46,735	17,044	17,609	12,603	245,113
Change in cash	-	0	-11,191	3,376	4,763	-12,298	-	-	-1,123	-24,001	5,975	27,586	-111,211	79,529	-15,278	23,233	14,950	17,701	-
Working capital	-175,911	-174,377	-181,535	-190,557	-202,463	-200,766	-193,321	-211,774	-324,710	-313,423	85,585	112,859	134,429	114,862	94,076	103,208	135,815	117,468	111,760
EBIT margin	11.0%	11.2%	10.2%	8.3%	9.5%	10.7%	8.0%	-	-	-	-	-	-	-	-	-	-	-	-
Solvency	-42.2%	-45.7%	-44.1%	-41.0%	-44.9%	-43.8%	-39.8%	-32.2%	-51.0%	-51.4%	7.4%	8.1%	8.1%	7.6%	8.3%	8.6%	10.0%	10.6%	11.9%
Current ratio	0.61	0.59	0.60	0.62	0.58	0.60	0.63	0.68	0.59	0.60	1.12	1.19	1.24	1.22	1.18	1.21	1.32	1.30	1.37
Quick ratio	0.27	0.22	0.23	0.27	0.19	0.21	0.28	0.39	0.32	0.30	0.55	0.61	0.69	0.64	0.65	0.70	0.75	0.71	0.69
Debt to equity	-	-	-	-	-	-	-	-	-	-	12.47	11.32	11.37	12.19	10.98	10.59	8.95	8.41	7.41
ROE	-	-	-	-	-	-	-	-	-	-	1.8%	2.4%	1.2%	-8.8%	1.1%	-9.9%	0.6%	-14.2%	-12.8%
ROA	0.7%	0.7%	2.1%	1.6%	1.7%	0.8%	0.4%	18.6%	1.6%	-63.0%	0.1%	0.2%	0.1%	-0.7%	0.1%	-0.9%	0.1%	-1.5%	-1.5%
Interest coverage	1.57	1.35	1.85	2.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	114 days	80 days	91 days	84 days	84 days	115 days	140 days	-	-	-	-	-	-	-	-	-	-	-	-
Supplier credit	531 days	483 days	391 days	355 days	418 days	476 days	428 days	-	-	-	-	-	-	-	-	-	-	-	-

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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	2024	2023	2022	2021
Tangible fixed assets	€10,434	-	€330	-
Depreciation and write-downs of the year	€6,195	€4,405	€4,701	€9,113

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Insights on EDZ Diffusion

The operating result for 2024 is 1% higher than in 2023. It is a recovery after the fall in 2023.

Equity is negative. Debt (€571,650) exceeds the balance-sheet total (€402,123).

Board & ownership

Board

2 directors, last change in 2024

Etienne DETHIER

Director (not named in the articles)

appointed by deed of 10-01-2024

earlier manager, until 10-01-2024

Marie-Hélène ZICOT

Director (not named in the articles)

appointed by deed of 10-01-2024

earlier manager, until 10-01-2024

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Etienne DETHIER
Director (not named in the articles)

Marie-Hélène ZICOT
Director (not named in the articles)

BoardEarliermandate already running before its first mention

Mandates as a list

Etienne DETHIER
- Director (not named in the articles), appointed by deed of 10-01-2024, still in office
- Manager, until 10-01-2024
Marie-Hélène ZICOT
- Director (not named in the articles), appointed by deed of 10-01-2024, still in office
- Manager, until 10-01-2024

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €100,000
Source: deed of 10-01-2024

Articles of association

deed of 10-01-2024 (in French)

Duration: Unlimited
Transfer restriction: “Moitié cédant moitié acquéreur(s) proportionnellement aux actions acquises, cessions entre vifs à titre onéreux ou gratuit volontaires ou…”

Network & group

No group

EDZ Diffusion has no parent and no holdings in its annual accounts. EDZ Diffusion shares no director with another company.

Timeline

30 events since 2005

Board

Filings

Financial

End and insolvency

20062008201020122014201620182020202220242026

2026

23-02-2026

Judicial annulment PDF

2025

23-12-2025

Registered in the Peppol Directory Reachable for e-invoices through 0208:0875531007

18-11-2025

Annual accounts 2023 filed PDFmicro format · 475 days late

18-11-2025

Annual accounts 2024 filed PDFmicro format · 110 days late

04-11-2025

Judicial dissolution and immediate closure Enterprise Court of Liège, Namur division · judgment of 30-10-2025

2024

27-03-2024

Annual accounts 2022 filed PDFmicro format · 240 days late

10-01-2024

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 20-12-20237 points ▸

General meeting, 20-12-2023
Legal-form conversion, from private limited company (pre-2019) to private limited company
1,000 shares
Director resignation, Etienne DETHIER (manager)
Director resignation, Marie-Hélène ZICOT (manager)
Director appointment, Etienne DETHIER (director (not named in the articles))
Director appointment, Marie-Hélène ZICOT (director (not named in the articles))
The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

2022

17-12-2022

Annual accounts 2021 filed PDFmicro format · 139 days late

2021

20-12-2021

Annual accounts 2020 filed PDFmicro format · 142 days late

2020

31-12-2020

Annual accounts 2019 filed PDFmicro format · 153 days late

2019

23-08-2019

Annual accounts 2018 filed PDFmicro format · 23 days late

2018

19-11-2018

Annual accounts 2017 filed PDFmicro format · 111 days late

2017

31-12-2017

Highest result from 2006 to 2024 net €116,841 ▲1,068% The operating result of €141,561 and the net result of €116,841 are both a record.

24-10-2017

Annual accounts 2016 filed PDFmicro format · 85 days late

22-08-2017

Annual accounts 2015 filed PDFfull format · 387 days late

2016

31-12-2016

Back to profit net €10,002 The net result is €10,002, after one loss-making year.

2015

31-12-2015

Weakest financial year net -€402,192 The net result drops to -€402,192, the lowest from 2006 to 2024. It recovers the following year.

07-08-2015

Annual accounts 2014 filed PDFfull format · 7 days late

2014

04-08-2014

Annual accounts 2013 filed PDFfull format · 4 days late

2013

14-09-2013

Annual accounts 2012 filed PDFfull format · 45 days late

2012

31-12-2012

Back to profit net €901 The net result is €901, after one loss-making year.

30-08-2012

Annual accounts 2011 filed PDFfull format · 30 days late

2011

31-08-2011

Annual accounts 2010 filed PDFfull format · 31 days late

2010

31-12-2010

Back to profit net €780 The net result is €780, after one loss-making year.

30-08-2010

Annual accounts 2009 filed PDFfull format · 30 days late

2009

29-08-2009

Annual accounts 2008 filed PDFfull format · 29 days late

2008

31-12-2008

Back to profit net €505 The net result is €505, after 2 loss-making years.

30-08-2008

Annual accounts 2007 filed PDFfull format · 30 days late

2007

31-08-2007

Annual accounts 2006 filed PDFfull format · 31 days late

2005

11-08-2005

Incorporation PDFpublished on 19-08-2005

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

On 11 August 2005, EDZ Diffusion was incorporated.¹ Turnover went from €251,633 in 2018 to €208,873 in 2024.²

Company details

Identity

Enterprise number: 0875.531.007
VAT number: BE 0875.531.007
Peppol ID: 0208:0875531007
Legal form: Private limited company
Status: Active, normal situation
Founded: 11-08-2005
Financial year: ends on 31 December
Peppol: Reachable since 23-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: EDZ Diffusion in French
Entity type: Legal entity
Duration: Unlimited
deed of 10-01-2024 (in French)
Name clause: EDZ Diffusion
deed of 10-01-2024 (in French)

Activities

NACEBEL 2025

47279 Other retail sale of food

Purpose: “L’importation et l’exportation de toutes marchandises alimentaires,épicerie fine,alcools,vins et spiritueux; La vente au détail,en gros ou…”
5 activities
L’importation et l’exportation de toutes marchandises alimentaires,épicerie fine,alcools,vins et spiritueux
La vente au détail,en gros ou semi-gros de toutes marchandises alimentaires,de produits d’épicerie fine,alcools,vins,boissons non alcoolisées,bières et autres boissons,ainsi qu’objets de décoration
Les ventes ambulantes et sur marché de toutes marchandises alimentaires,de produits d’épicerie fine,alcools,vins,boissons non alcoolisées,bières et autres boissons,ainsi qu’objets de décoration
Le conseil en communication
Eventuellement,la représentation de firmes belges ou étrangères
deed of 10-01-2024 (in French)

Registered office and establishments

Rue de la Briqueterie 9 BIS registered office 5340 Gesves

Buildings and parcels at the address

Ground area: 2,336 m²
Buildings: 94 m²
Volume, LiDAR: 541 m³
Tallest building: 6.9 m

Buildings to scale, each on its own parcel

exact location from the address register On OpenStreetMap

Parcels

Cadastral parcel	Area	Buildings	Height / floors
92042D0312/00D000	2,336 m²	1 · 94 m²	6.9 m · 2

Overview

Lifetime

Key points

Equity

Profit

Debts

Investments

Payment terms

Filings

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Official details

Annual accounts 2024

Insights on EDZ Diffusion

Financials

Annual accounts 2024

Money flows

Balance sheet

Change in equityin euro

Change in cash

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on EDZ Diffusion

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Network & group

No group

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels