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EE SERVICES

Active
Private limited company (pre-2019)founded 2011active for 15 yearsTriomflaan 52, 1160 Oudergem, BelgiumKBO/BCE: BE 0835.686.771
Summary

The computed 12-month bankruptcy probability of EE SERVICES is 2.5% (moderate). The 2024 annual accounts show equity of €30,127 and a net result of €7,802. Its solvency ranks better than 13% of 1,318 sector peers (NACE 42, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 21-04-2011 Normal situation
Activity
Construction of utility projects for electricity and telecommunications NACE 42220and 2 others
Establishment unit
2.202.432.411 1160 Oudergem, since 21-04-2011
Financial year end
31 December
Peppol
Reachable since 11-12-2025

Board and ownership

Board
  • Edwards GrahamDirector

Financial position

51 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.5%
Annual accounts 2024
Gross margin
€11,037
▼ 66.6%
Turnover
≈ €84,000
estimated
Profit
€7,802
▼ 65.0%
Equity
€30,127
▲ 34.9%
Total assets
€373,050
▲ 6.7%
  • 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 30-09-2025)1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 accounts latelowers riskSize: total assets €373,050Founded in 2011Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 29% of micro companies in civil engineering (NACE 42)
Financial strength · tick: 2023
Weak
Solvency 33+2
equity 8.1% of total assets
Liquidity 2+1
short-term debt 91.9% · cash 1.8%
Profitability 43-10
return on assets 2.1%
Bankruptcy probability within 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (1,867 companies, NACE 42, micro)
Last 24 months 12-2024: 1.3% 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.4%▲ +0.1 percentage points vs 04-2025 06-2025: 1.3%▼ -0.1 percentage points vs 05-2025 07-2025: 1.5%▲ +0.2 percentage points vs 06-2025 08-2025: 2.0%▲ +0.5 percentage points vs 07-2025 09-2025: 2.4%▲ +0.4 percentage points vs 08-2025 10-2025: 1.3%▼ -1.1 percentage points vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.2%▼ -0.1 percentage points vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026lowest value 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.3%▲ +0.1 percentage points vs 04-2026 06-2026: 1.2%▼ -0.1 percentage points vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 1.7%▲ +0.5 percentage points vs 07-2026 09-2026: 1.9%▲ +0.2 percentage points vs 08-2026 10-2026: 2.5%▲ +0.6 percentage points vs 09-2026highest value 11-2026: 2.5%● unchanged vs 10-2026highest value
Credit of up to €1,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is tight, with a current ratio of 1.09 (1.09 in 2023), below the usual 1.5. Short-term debt is 91.9% and cash 1.8% of total assets. 91.9% of the assets are financed with debt and provisions.
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 42, micro). It does better than 14% of them on solvency, 3% on liquidity, 23% on profitability and 74% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 30-09-2025)
NBB · annual accounts
lowers risk · Size: total assets €373,050
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2011
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 · 1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 1318 sector peers (2024).
NBB · sector comparison
Position among 1318 sector peers
Solvency
better than 13%
← weakest strongest →
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, 95 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
89 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 75 days after the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.

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

Financials

Financials · financial year 2024, micro format

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 3 November 2026.

Annual accounts 2024 filed on 30-09-2025 at the NBB all 2 filings

Turnover
≈ €84,000
Estimated: probably between €39,000 and €200,000
Total assets
€373,050▲ 6.7%
2023 · €349,788
Net result
€7,802▼ 65.0%
2023 · €22,312
Working capital
€29,627▲ 1.7%
2023 · €29,135
Multi-year overview
2023 to 2024, 2 financial years
Operating result
€10,952
▼ 50.7% 2024
20232024
Net result
€7,802
▼ 65.0% 2024
middle half of the sector
20232024
Equity
€30,127
▲ 34.9% 2024
middle half of the sector
20232024
Total assets
€373,050
▲ 6.7% 2024
highest quarter of the sector
20232024
Debt
€342,923
▲ 4.7% 2024
20232024
Working capital
€29,627
▲ 1.7% 2024
middle half of the sector
20232024
Solvency
8.1%
▲ 1.7pp 2024
lowest quarter of the sector
20232024
Current ratio
1.09
= 2024
middle half of the sector
20232024
Return on assets (ROA)
2.1%
▼ 4.3pp 2024
middle half of the sector
20232024
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Operating result€22,236-€10,952▼ 50.7%
Net result€22,312within the sector's middle half-€7,802within the sector's middle half▼ 65.0%
Equity€22,325within the sector's middle half-€30,127within the sector's middle half▲ 34.9%
Total assets€349,788above the sector's middle half-€373,050above the sector's middle half▲ 6.7%
Debt€327,463-€342,923▲ 4.7%
Working capital€29,135within the sector's middle half-€29,627within the sector's middle half▲ 1.7%
Solvency6.4%below the sector's middle half-8.1%below the sector's middle half▲ 1.7pp
Current ratio1.09within the sector's middle half-1.09within the sector's middle half=
Return on assets (ROA)6.4%within the sector's middle half-2.1%within the sector's middle half▼ 4.3pp
above within below The sector band is the middle half of the companies in Civil engineering (NACE 42). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2024 is 51% lower than in 2023.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €373,050
Fixed assets €500 =
Current assets €372,550 ▲ 6.7%
Equity and liabilities €373,050
Equity €30,127 ▲ 34.9%
Debt €342,923 ▲ 4.7%
Debt's share of the balance-sheet total falls from 93.6% to 91.9%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Debt to equity
11.38▼
2023 · 14.67
ROE
25.9%▼
2023 · 99.9%
Debt ≤ 1 year
€342,923▲
2023 · €320,153
Income taxes
€3,062
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 · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€349,788€373,050▲
Fixed assets21/28€500€500=
Financial fixed assets28€500€500=
Current assets29/58€349,288€372,550▲
Amounts receivable within one year40/41€345,025€365,708▲
Trade receivables40€340,890€363,949▲
Other amounts receivable41€4,135€1,760▼
Cash at bank and in hand54/58€2,662€6,822▲
Deferred charges and accrued income490/1€1,600€20▼
Equity and liabilities
Total equity and liabilities10/49€349,788€373,050▲
Equity10/15€22,325€30,127▲
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€1,865€9,667▲
Amounts payable17/49€327,463€342,923▲
Amounts payable within one year42/48€320,153€342,923▲
Trade debts44€197,003€225,575▲
Suppliers440/4€197,003€225,575▲
Advances received on contracts in progress46€17,179€18,074▲
Taxes, remuneration and social security45-€3,713
Taxes450/3-€3,713
Other amounts payable47/48€105,971€95,562▼
Accrued charges and deferred income492/3€7,310-
Income statement Code20232024
Other operating charges640/8€10,811€85▼
Gross operating margin9900€33,047€11,037▼
Operating profit (loss)9901€22,236€10,952▼
Financial income75/76B€565€359▼
Recurring financial income75€565€359▼
Financial charges65/66B€489€447▼
Recurring financial charges65€489€447▼
Profit (loss) for the period before taxes9903€22,312€10,864▼
Income taxes67/77-€3,062
Profit (loss) for the period9904€22,312€7,802▼
Profit (loss) for the period to be appropriated9905€22,312€7,802▼
Appropriation of the result
Profit (loss) to be appropriated9906€1,865€9,667▲
Profit (loss) brought forward from the previous period14P-€20,447€1,865▲

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 accounts filed with the NBB.

Source: Annual accounts 2024 at the NBB, filed on 30-09-2025.

Line20232024Change
Other operating charges640/8€10,811€85▼ 99.2%
Gross operating margin9900€33,047€11,037▼ 66.6%
Operating profit (loss)9901€22,236€10,952▼ 50.7%
Financial income75/76B€565€359▼ 36.5%
Recurring financial income75€565€359▼ 36.5%
Financial charges65/66B€489€447▼ 8.6%
Recurring financial charges65€489€447▼ 8.6%
Profit (loss) for the period before taxes9903€22,312€10,864▼ 51.3%
Income taxes67/77-€3,062-
Profit (loss) for the period9904€22,312€7,802▼ 65.0%
Profit (loss) for the period to be appropriated9905€22,312€7,802▼ 65.0%
Line20232024Change
Assets
Total assets20/58€349,788€373,050▲ 6.7%
Fixed assets21/28€500€500=
Financial fixed assets28€500€500=
Current assets29/58€349,288€372,550▲ 6.7%
Amounts receivable within one year40/41€345,025€365,708▲ 6.0%
Trade receivables40€340,890€363,949▲ 6.8%
Other amounts receivable41€4,135€1,760▼ 57.4%
Cash at bank and in hand54/58€2,662€6,822▲ 156%
Deferred charges and accrued income490/1€1,600€20▼ 98.8%
Equity and liabilities
Total equity and liabilities10/49€349,788€373,050▲ 6.7%
Equity10/15€22,325€30,127▲ 34.9%
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€1,865€9,667▲ 418%
Amounts payable17/49€327,463€342,923▲ 4.7%
Amounts payable within one year42/48€320,153€342,923▲ 7.1%
Trade debts44€197,003€225,575▲ 14.5%
Suppliers440/4€197,003€225,575▲ 14.5%
Advances received on contracts in progress46€17,179€18,074▲ 5.2%
Taxes, remuneration and social security45-€3,713-
Taxes450/3-€3,713-
Other amounts payable47/48€105,971€95,562▼ 9.8%
Accrued charges and deferred income492/3€7,310--
Line20232024Change
Profit (loss) for the period9904€22,312€7,802▼ 65.0%
Operating cash flow (approximation)€22,312€7,802▼ 65.0%
Investment in fixed assets (approximation)-€0-
Change in cash-€4,160-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 1,375 companies had the same profile as EE SERVICES has now. Two years later, 95.9% were still going and 2.2% had gone bankrupt.

  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
95.9% was still going
1.6% stopped otherwise
2.2% went bankrupt

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of EE SERVICES itself: 2.5% within 12 months.

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 1,375 companies, not a prediction for EE SERVICES. 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2024 micro format 30-09-2025 2025-00515692 PDF
31-12-2023 micro format 28-10-2024 2024-00515821 PDF

Board & ownership

Directors

Directors
1 director
Edwards Graham
Director · listed in the 2024 annual accounts, filed on 30-09-2025
Current

Owners and capital

Network & group

EE SERVICES shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of EE SERVICES. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts 2024 filedNBB
micro format · 61 days late
2024
28-10
NBB filing Annual accounts 2023 filedNBB
micro format · 89 days late
2011
04-05
Gazette deed IncorporationPDF
Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

EE SERVICES was incorporated on 21 April 2011.1 The company has filed 2 sets of annual accounts, the latest for financial year 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2024

Company details

Register details

Identity

KBO record
Name EE SERVICES in French
Enterprise number 0835.686.771
Legal form Private limited company (pre-2019)
Status Active, normale toestand
Founded 21-04-2011
Entity type Legal entity

Registered office and establishments

Registered office Triomflaan 52, 1160 Oudergem, Belgium
Establishment unit Triomflaan 52, 1160 Oudergem since 21-04-2011 · unit number 2.202.432.411

Activities

NACEBEL 2025
42220 Construction of utility projects for electricity and telecommunications main activity
43120 Site preparation
43230 Insulation installation
Codes under NACEBEL 2008
42220 Construction of utility projects for electricity and telecommunications main activity
43120 Site preparation
43291 Specialised construction activities

Invoicing and payment

VAT number BE 0835.686.771
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0835686771
Other Peppol ID 9925:BE0835686771
Registered 11-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

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. Use the enterprise number 0835.686.771

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment approximate The establishment unit on the map