EFC Group
ActiveSummary
The computed 12-month bankruptcy probability of EFC Group is 2.3% (moderate). The 2024 annual accounts show equity of €142,486 and a net result of €101,564. Its solvency ranks better than 54% of 2098 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 20 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
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History
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Financials · fiscal year 2024, abbreviated schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 39,278 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 | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,347 | €667 | ▼ 80.1% |
| Other operating charges640/8 | €2,702 | €806 | ▼ 70.2% |
| Non-recurring operating charges66A | - | €8,215 | - |
| Gross operating margin9900 | €43,939 | €137,223 | ▲ 212% |
| Operating profit (loss)9901 | €37,890 | €127,535 | ▲ 237% |
| Financial income75/76B | €419 | €3,000 | ▲ 615% |
| Recurring financial income75 | €419 | €3,000 | ▲ 615% |
| Financial charges65/66B | €387 | €28,971 | ▲ 7,384% |
| Recurring financial charges65 | €387 | €1,222 | ▲ 216% |
| Non-recurring financial charges66B | - | €27,749 | - |
| Profit (loss) for the period before taxes9903 | €37,922 | €101,564 | ▲ 168% |
| Profit (loss) for the period9904 | €37,922 | €101,564 | ▲ 168% |
| Profit (loss) for the period to be appropriated9905 | €37,922 | €101,564 | ▲ 168% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €46,529 | €343,068 | ▲ 637% |
| Fixed assets21/28 | €480 | €1,813 | ▲ 278% |
| Tangible fixed assets22/27 | - | €1,333 | - |
| Furniture and vehicles24 | - | €1,333 | - |
| Financial fixed assets28 | €480 | €480 | = |
| Current assets29/58 | €46,050 | €341,255 | ▲ 641% |
| Amounts receivable within one year40/41 | €15,012 | €341,239 | ▲ 2,173% |
| Trade receivables40 | - | €138,770 | - |
| Other amounts receivable41 | €15,012 | €202,469 | ▲ 1,249% |
| Cash at bank and in hand54/58 | €31,037 | €16 | ▼ 99.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €46,529 | €343,068 | ▲ 637% |
| Equity10/15 | €40,922 | €142,486 | ▲ 248% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Outside capital11 | €3,000 | €3,000 | = |
| Other1109/19 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €37,922 | €139,486 | ▲ 268% |
| Amounts payable17/49 | €5,607 | €200,582 | ▲ 3,477% |
| Amounts payable within one year42/48 | €5,607 | €200,582 | ▲ 3,477% |
| Financial debts43 | - | €1,983 | - |
| Credit institutions430/8 | - | €1,983 | - |
| Trade debts44 | €5,607 | €170,850 | ▲ 2,947% |
| Suppliers440/4 | €5,607 | €170,850 | ▲ 2,947% |
| Taxes, remuneration and social security45 | - | €27,749 | - |
| Taxes450/3 | - | €27,749 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €37,922 | €101,564 | ▲ 168% |
| + Depreciation and write-downs630 | €3,347 | €667 | ▼ 80.1% |
| Operating cash flow (approximation) | €41,269 | €102,230 | ▲ 148% |
| Investment in fixed assets (approximation) | - | -€2,000 | - |
| Change in cash | - | -€31,021 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51024A0444/00H003 | Wallonia | 1.1 ha | 1 · 4,570 m² | - |
| 23078A0472/00L000 | Flanders | 461 m² | 1 · 192 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.