EFDC
ActiveFrom the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of EFDC is 9.0% (elevated). The 2024 annual accounts show negative equity (-€7,432) and a net result of -€2,642. Equity is shrinking by about 111% per year across the filed financial years. Its solvency ranks better than 8% of 35,973 sector peers (NACE 43, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 09-08-2022 Normal situation
- Legal form
- Private limited company
- Registered office
- Huldenbergstraat 43, 3080 Tervuren
- Activity
- General electrical installation work NACE 43211and 5 others
- Establishment unit
- 2.335.122.966 3080 Tervuren, since 09-08-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 02-01-2026
Who decides
- EFDMDirector · since 09-08-2022 · permanent representative FLORIN de DUIKINGBERG Edouard Andrew Danielle Rodolphe Louis Marie
How it is doing
- Bankruptcy probabilitywithin 12 months
- 9.0%
- Gross margin
- €15,514
- ▲ 636%
- Turnover
- ≈ €130,000
- estimated
- Loss
- €2,642
- ▼ 67.0%
- Equity
- -€7,432
- ▼ 55.1%
- Total assets
- €87,919
- ▲ 121%
Why 31raises risk1 financial year not filed after the legal deadline; last filed accounts filed 395 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 03-09-2026)Founded in 2022Size: total assets €87,919Show the evidence
Checked score
About 9 in 100 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 7% on solvency, 9% on liquidity, 31% on profitability and 8% on growth.
The bankruptcy probability was computed on 31-10-2026 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 3 accounts on average 127 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 (1)
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.
Annual accounts 2024
- Financial year ended
- 31-12-2024
- Filed on
- 30-08-2026
- Format
- micro format
- Reference
- 2026-00497140
2022 to 2024, 3 financial years
The operating result stays negative: a loss of €2,309 in 2024 against €6,815 in 2023; the loss shrinks.
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 1,555 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 91.6% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 9.0% 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 497,445 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 1,555 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 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,325 | €8,922 | €14,961 | ▲ 67.7% |
| Other operating charges640/8 | - | - | €2,862 | - |
| Gross operating margin9900 | -€3,341 | €2,108 | €15,514 | ▲ 636% |
| Operating profit (loss)9901 | -€6,666 | -€6,815 | -€2,309 | ▲ 66.1% |
| Financial income75/76B | - | €80 | €94 | ▲ 17.6% |
| Recurring financial income75 | - | €80 | €94 | ▲ 17.6% |
| Financial charges65/66B | €114 | €1,276 | €427 | ▼ 66.6% |
| Recurring financial charges65 | €114 | €1,276 | €427 | ▼ 66.6% |
| Profit (loss) for the period before taxes9903 | -€6,780 | -€8,010 | -€2,642 | ▲ 67.0% |
| Profit (loss) for the period9904 | -€6,780 | -€8,010 | -€2,642 | ▲ 67.0% |
| Profit (loss) for the period to be appropriated9905 | -€6,780 | -€8,010 | -€2,642 | ▲ 67.0% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €34,999 | €39,801 | €87,919 | ▲ 121% |
| Fixed assets21/28 | €23,445 | €14,523 | €29,263 | ▲ 101% |
| Tangible fixed assets22/27 | €23,445 | €14,523 | €29,263 | ▲ 101% |
| Furniture and vehicles24 | €23,445 | €14,523 | €29,263 | ▲ 101% |
| Current assets29/58 | €11,554 | €25,278 | €58,656 | ▲ 132% |
| Amounts receivable within one year40/41 | €10,333 | €23,524 | €55,063 | ▲ 134% |
| Trade receivables40 | €1,000 | €8,723 | €13,875 | ▲ 59.1% |
| Other amounts receivable41 | €9,333 | €14,802 | €41,188 | ▲ 178% |
| Cash at bank and in hand54/58 | €841 | €470 | €3,593 | ▲ 665% |
| Deferred charges and accrued income490/1 | €380 | €1,285 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €34,999 | €39,801 | €87,919 | ▲ 121% |
| Equity10/15 | €3,220 | -€4,790 | -€7,432 | ▼ 55.1% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€6,780 | -€14,790 | -€17,432 | ▼ 17.9% |
| Amounts payable17/49 | €31,779 | €44,592 | €95,351 | ▲ 114% |
| Amounts payable after more than one year17 | €17,294 | €12,987 | €32,655 | ▲ 151% |
| Financial debts170/4 | €17,294 | €12,987 | €32,655 | ▲ 151% |
| Amounts payable within one year42/48 | €14,485 | €31,605 | €62,697 | ▲ 98.4% |
| Current portion of amounts payable after more than one year42 | €4,103 | €4,308 | €10,118 | ▲ 135% |
| Trade debts44 | €1,135 | €4,077 | €45,073 | ▲ 11× |
| Suppliers440/4 | €1,135 | €4,077 | €45,073 | ▲ 11× |
| Other amounts payable47/48 | €9,248 | €23,220 | €7,505 | ▼ 67.7% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,780 | -€8,010 | -€2,642 | ▲ 67.0% |
| + Depreciation and write-downs630 | €3,325 | €8,922 | €14,961 | ▲ 67.7% |
| Operating cash flow (approximation) | -€3,455 | €912 | €12,320 | ▲ 14× |
| Investment in fixed assets (approximation) | - | €0 | -€29,701 | - |
| Change in cash | - | -€371 | €3,124 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| EFDM |
|
How the board is organised
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, algemene vergadering kan mandaat van al dan niet in statuten benoemde bestuurder steeds beëindigen wegens wettige…”
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed
Articles of association, deed of 11-08-2022 (in Dutch)
Owners and capital
Capital and shareholders
- FLORIN de DUIKINGBERG Edouard Andrew Danielle Rodolphe Louis Marie 1,000,000 shares (100%) · €10,000 in cash
- 11-08-2022 Incorporation · €10,000 · 1,000,000 shares
Shares according to the articles of association
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, 1000000”
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Aandelen op naam-Register-Overdracht:ondeelbaarheid en vruchtgebruik-blote eigendom, tenzij statuten,testament of overeenkomst anders…”Other provision: “Bijzondere volmachten, alleen bijzondere en beperkte volmachten voor bepaalde of voor reeks bepaalde rechtshandelingen”Other provision: “Toezicht, benoeming commissaris slechts vereist wanneer wet daartoe verplicht”Other provision: “Bevoegdheid gewone en bijzondere algemene vergadering, benoeming en ontslag bestuurder(s);benoeming en ontslag commissaris(sen) in…”Other provision: “Bevoegdheid buitengewone algemene vergadering, wijzigingen statuten;ongevraagd ontslag in statuten aangestelde bestuurder om wettige…”Other provision: “Bijeenroeping-Bevoegdheid-Verplichting, ten minste door betrokken aandeelhouders voorgestelde agendapunten”Other provision: “Vertegenwoordiging van aandeelhouders”Other provision: “Besluiten buiten agenda-amendementen, alle op te roepen personen aanwezig of vertegenwoordigd en volmachten vermelden uitdrukkelijk”Other provision: “Stemrecht, 1”Other provision: “Besluitvorming gewone en bijzondere algemene vergadering, ongeacht aantal vertegenwoordigde aandelen”Other provision: “Buitengewone algemene vergadering-statutenwijziging, noch teller noch noemer”Other provision: “Eenparig schriftelijk, alle besluiten bevoegdheid algemene vergadering”Other provision: “Vennootschapsvordering-minderheidsvordering, algemene vergadering”3 more provisions in the deed, see the deed of 11-08-2022
Articles of association, deed of 11-08-2022 (in Dutch)
Group and network
Connections & network
1 current directorThe board mandates are listed below; here you explore them as a network.
History
Acts, filings and financial milestones
11-08
Gazette deed
IncorporationAppointment: EFDM CommV (director) · Permanent representative: FLORIN de DUIKINGBERG Edouard Andrew Danielle Rodolphe Louis Marie · Founder9 facts ▸
- Incorporation, 04-08-2022
- Founder, FLORIN de DUIKINGBERG Edouard Andrew Danielle Rodolphe Louis Marie
- Founding capital, €10,000
- Other provision, “ondernemingsnummer”, 0789502103 (deed in Dutch)
- Registered office clause, “(3080) Tervuren,Huldenbergstraat 43, oprichters” (deed in Dutch)
- Pre-incorporation commitments, “takeover, rechten en verbintenissen uit rechtshandelingen in naam en voor rekening gesteld voor oprichting” (deed in Dutch)
- Board rule, 1
- Director appointment, EFDM CommV (director)
- Permanent representative, FLORIN de DUIKINGBERG Edouard Andrew Danielle Rodolphe Louis Marie
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
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 0789.502.103
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose according to the articles of association
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- EFDC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest”
Articles of association, deed of 11-08-2022 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24023B0168/00C000 | Flanders | 3,435 m² | 1 · 200 m² | 8.9 m · 2 |