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EFDICOR

Active Risk: not assessed
Private limited companyfounded 2019active for 6 yearsKerkplein 10, 1930 Zaventem, BelgiumKBO/BCE: BE 0739.722.691

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 03-07-2026 at the NBB all 6 filings

Equity
€319,583▲ 36.8%
2024 · €233,590
Net result
€145,993▲ 26.4%
2024 · €115,525
Total assets
€1.8m▲ 13.7%
2024 · €1.6m
Solvency
17.3%▲ 2.9pp
2024 · 14.4%
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result for 2025 is 15% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Operating result€0.2m 2025 Net result€0.1m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Activities auxiliary to financial services and insurance activities (NACE 66). 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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€0.005m-€0.1m▲ 18×€0.1m▲ 39.1%€0.1m▼ 13.2%€0.2m▲ 56.7%€0.2m▲ 14.7%
Net result€0.004mbelow the sector's middle half-€0.08mwithin the sector's middle half▲ 22×€0.1mwithin the sector's middle half▲ 32.7%€0.09mwithin the sector's middle half▼ 12.5%€0.1mwithin the sector's middle half▲ 24.2%€0.1mwithin the sector's middle half▲ 26.4%
Equity€0.02mbelow the sector's middle half-€0.04mbelow the sector's middle half▲ 108%€0.09mbelow the sector's middle half▲ 120%€0.1mwithin the sector's middle half▲ 38.8%€0.2mwithin the sector's middle half▲ 97.8%€0.3mwithin the sector's middle half▲ 36.8%
Total assets€0.5mwithin the sector's middle half-€1.1mwithin the sector's middle half▲ 123%€1.1mwithin the sector's middle half▼ 3.3%€1.0mwithin the sector's middle half▼ 3.5%€1.6mwithin the sector's middle half▲ 59.4%€1.8mwithin the sector's middle half▲ 13.7%
Debt€0.5m-€1.1m▲ 124%€1.0m▼ 7.8%€0.9m▼ 7.2%€1.4m▲ 54.4%€1.5m▲ 9.8%
Working capital-€0.4mbelow the sector's middle half--€0.05mbelow the sector's middle half▲ 87.8%-€0.004mwithin the sector's middle half▲ 92.1%€0.02mwithin the sector's middle half-€0.1mbelow the sector's middle half-€0.2mbelow the sector's middle half▼ 70.7%
Solvency3.8%below the sector's middle half-3.5%below the sector's middle half▼ 0.3pp8.1%below the sector's middle half▲ 4.5pp11.6%below the sector's middle half▲ 3.5pp14.4%below the sector's middle half▲ 2.8pp17.3%within the sector's middle half▲ 2.9pp
Current ratio0.09below the sector's middle half-0.73below the sector's middle half▲ 0.640.98within the sector's middle half▲ 0.251.11within the sector's middle half▲ 0.130.64below the sector's middle half▼ 0.480.62below the sector's middle half▼ 0.01
Return on assets (ROA)0.7%below the sector's middle half-7.3%within the sector's middle half▲ 6.6pp10.1%within the sector's middle half▲ 2.7pp9.1%within the sector's middle half▼ 0.9pp7.1%within the sector's middle half▼ 2.0pp7.9%within the sector's middle half▲ 0.8pp
Staff (FTE)0.1below the sector's middle half-1.5below the sector's middle half▲ 15×1.6below the sector's middle half▲ 6.7%2.4within the sector's middle half▲ 50.0%3.6within the sector's middle half▲ 50.0%4.5within the sector's middle half▲ 25.0%
above within below The sector band is the middle half of the companies in Activities auxiliary to financial services and insurance activities (NACE 66). 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.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets €1.5m ▲ 7.6%
Current assets €296,514 ▲ 61.0%
Equity and liabilities €1.8m
Equity €319,583 ▲ 36.8%
Debt €1.5m ▲ 9.8%
Debt's share of the balance-sheet total falls from 85.6% to 82.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
45.7%▼
2024 · 49.5%
Debt ≤ 1 year
€476,604▲
2024 · €289,599
Debt > 1 year
€1.0m▼
2024 · €1.1m
Income taxes
€34,442▼
2024 · €49,707
Staff costs
€328,765▲
2024 · €167,452
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date23345
full-time---13
part-time23332
in full-time equivalents1.31.71.93.34.5
Average over the year, in full-time equivalents1.51.62.43.64.4
On a permanent contract23345
Joined22-43
Left21-32

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20212022202320242025
Debts secured on the company's own assets€962,044€861,535€790,515€1.3m€1.2m
Pledge on the business€834,750€834,750€834,750€1.2m€1.4m

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€11,132€2,604€33,839€5,955€14,718
Intangible fixed assets€593,700--€822,080€328,000
Financial fixed assets€950€386€780-€3,807
Depreciation and write-downs of the year€101,082€106,374€107,954€162,849€211,214

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.6m€1.8m▲
Fixed assets21/28€1.4m€1.5m▲
Intangible fixed assets21€1.4m€1.5m▲
Tangible fixed assets22/27€0.04m€0.02m▼
Plant, machinery and equipment23€0.006m€0.006m▲
Furniture and vehicles24€0.03m-
Other tangible fixed assets26€0.007m€0.02m▲
Financial fixed assets28€0.001m€0.005m▲
Current assets29/58€0.2m€0.3m▲
Amounts receivable within one year40/41€0.03m€0.04m▲
Trade receivables40€0.02m€0.009m▼
Other amounts receivable41€0.009m€0.03m▲
Current investments50/53-€0.08m
Cash at bank and in hand54/58€0.1m€0.1m▲
Deferred charges and accrued income490/1€0.06m€0.07m▲
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.8m▲
Equity10/15€0.2m€0.3m▲
Contributions10/11€0.02m€0.02m=
Profit (loss) carried forward14€0.2m€0.3m▲
Amounts payable17/49€1.4m€1.5m▲
Amounts payable after more than one year17€1.1m€1.0m▼
Financial debts170/4€1.1m€1.0m▼
Amounts payable within one year42/48€0.3m€0.5m▲
Current portion of amounts payable after more than one year42€0.2m€0.2m▲
Financial debts43€0.002m€0.06m▲
Credit institutions430/8€0.002m€0.06m▲
Trade debts44€0.07m€0.1m▲
Suppliers440/4€0.07m€0.1m▲
Taxes, remuneration and social security45€0.05m€0.06m▲
Taxes450/3€0.03m€0.03m▼
Remuneration and social security454/9€0.02m€0.03m▲
Other amounts payable47/48€0.003m€0.06m▲
Accrued charges and deferred income492/3€0.001m€45▼
Income statement Code20242025
Remuneration, social security and pensions62€0.2m€0.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.2m▲
Other operating charges640/8€0.01m€0.03m▲
Gross operating margin9900€0.5m€0.8m▲
Operating profit (loss)9901€0.2m€0.2m▲
Financial income75/76B€0.002m€0.001m▼
Recurring financial income75€0.001m€0.001m▼
Non-recurring financial income76B€162€138▼
Financial charges65/66B€0.02m€0.03m▲
Recurring financial charges65€0.02m€0.03m▲
Non-recurring financial charges66B-€335
Profit (loss) for the period before taxes9903€0.2m€0.2m▲
Income taxes67/77€0.05m€0.03m▼
Profit (loss) for the period9904€0.1m€0.1m▲
Profit (loss) for the period to be appropriated9905€0.1m€0.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.4m▲
Profit (loss) brought forward from the previous period14P€0.1m€0.2m▲
Profit to be distributed694/7-€0.06m
Directors or managers695-€0.06m
Social balance sheet
Average headcount (FTE)90873.64.5▲

The notes to these accounts have 23 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 2025 at the NBB, filed on 03-07-2026.

Line202020212022202320242025Change
Remuneration, social security and pensions62-€87,529€88,102€130,812€167,452€328,765▲ 96.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,453€101,082€106,374€107,954€162,849€211,214▲ 29.7%
Other operating charges640/8-€6,748€15,510€25,160€13,416€26,145▲ 94.9%
Gross operating margin9900€21,809€293,915€347,074€382,855€530,073€779,871▲ 47.1%
Operating profit (loss)9901€5,340€98,555€137,088€118,929€186,356€213,747▲ 14.7%
Financial income75/76B-€9€0€818€1,590€913▼ 42.6%
Recurring financial income75-€9€0€818€1,428€775▼ 45.7%
Non-recurring financial income76B----€162€138▼ 14.8%
Financial charges65/66B-€9,708€11,194€10,593€22,714€34,226▲ 50.7%
Recurring financial charges65€80€9,708€11,194€10,593€22,714€33,890▲ 49.2%
Non-recurring financial charges66B-----€335-
Profit (loss) for the period before taxes9903€5,260€88,856€125,894€109,154€165,232€180,435▲ 9.2%
Income taxes67/77€1,652€8,729€19,568€16,150€49,707€34,442▼ 30.7%
Profit (loss) for the period9904€3,608€80,127€106,326€93,004€115,525€145,993▲ 26.4%
Profit (loss) for the period to be appropriated9905€3,608€80,127€106,326€93,004€115,525€145,993▲ 26.4%
Line202020212022202320242025Change
Assets
Total assets20/58€0.5m€1.1m€1.1m€1.0m€1.6m€1.8m▲ 13.7%
Fixed assets21/28€0.4m€1.0m€0.8m€0.8m€1.4m€1.5m▲ 7.6%
Intangible fixed assets21€0.4m€0.9m€0.8m€0.7m€1.4m€1.5m▲ 8.7%
Tangible fixed assets22/27-€0.01m€0.01m€0.04m€0.04m€0.02m▼ 40.6%
Plant, machinery and equipment23-€0.001m€0.002m€0.002m€0.006m€0.006m▲ 11.1%
Furniture and vehicles24---€0.03m€0.03m--
Other tangible fixed assets26-€0.01m€0.009m€0.008m€0.007m€0.02m▲ 137%
Financial fixed assets28-€0.001m€0.001m€0.002m€0.001m€0.005m▲ 497%
Current assets29/58€0.04m€0.1m€0.2m€0.2m€0.2m€0.3m▲ 61.0%
Amounts receivable within one year40/41-€0.01m€0.01m€0.03m€0.03m€0.04m▲ 69.2%
Trade receivables40-€0.002m€0.004m€0.002m€0.02m€0.009m▼ 44.3%
Other amounts receivable41-€0.008m€0.007m€0.03m€0.009m€0.03m▲ 285%
Current investments50/53-----€0.08m-
Cash at bank and in hand54/58€0.009m€0.06m€0.1m€0.1m€0.1m€0.1m▲ 12.8%
Deferred charges and accrued income490/1-€0.07m€0.07m€0.09m€0.06m€0.07m▲ 10.5%
Equity and liabilities
Total equity and liabilities10/49€0.5m€1.1m€1.1m€1.0m€1.6m€1.8m▲ 13.7%
Equity10/15€0.02m€0.04m€0.09m€0.1m€0.2m€0.3m▲ 36.8%
Contributions10/11-€0.02m€0.02m€0.02m€0.02m€0.02m=
Profit (loss) carried forward14€0.004m€0.02m€0.07m€0.1m€0.2m€0.3m▲ 39.3%
Amounts payable17/49€0.5m€1.1m€1.0m€0.9m€1.4m€1.5m▲ 9.8%
Amounts payable after more than one year17-€0.9m€0.8m€0.7m€1.1m€1.0m▼ 4.5%
Financial debts170/4-€0.9m€0.8m€0.7m€1.1m€1.0m▼ 4.5%
Amounts payable within one year42/48€0.5m€0.2m€0.2m€0.2m€0.3m€0.5m▲ 64.6%
Current portion of amounts payable after more than one year42-€0.1m€0.1m€0.1m€0.2m€0.2m▲ 11.2%
Financial debts43--€409€0.001m€0.002m€0.06m▲ 28×
Credit institutions430/8--€409€0.001m€0.002m€0.06m▲ 28×
Trade debts44€0.005m€0.004m€0.009m€0.01m€0.07m€0.1m▲ 59.1%
Suppliers440/4-€0.004m€0.009m€0.01m€0.07m€0.1m▲ 59.1%
Taxes, remuneration and social security45-€0.02m€0.04m€0.04m€0.05m€0.06m▲ 23.6%
Taxes450/3-€0.01m€0.03m€0.02m€0.03m€0.03m▼ 1.6%
Remuneration and social security454/9-€0.01m€0.01m€0.02m€0.02m€0.03m▲ 61.9%
Other amounts payable47/48-€0.06m€0.06m€0.06m€0.003m€0.06m▲ 18×
Accrued charges and deferred income492/3----€0.001m€45▼ 95.3%
Line202020212022202320242025Change
Profit (loss) for the period9904€3,608€80,127€106,326€93,004€115,525€145,993▲ 26.4%
+ Depreciation and write-downs630€3,453€101,082€106,374€107,954€162,849€211,214▲ 29.7%
Operating cash flow (approximation)€7,061€181,209€212,701€200,958€278,374€357,207▲ 28.3%
Investment in fixed assets (approximation)--€605,781-€2,990-€34,619-€826,686-€321,190▲ 61.1%
Change in cash-€52,082€61,889€6,498-€30,637€12,576-

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

Filings with the National Bank (6)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 03-07-2026 2026-00264693 PDF
31-12-2024 abbreviated format 04-07-2025 2025-00245109 PDF
31-12-2023 abbreviated format 02-07-2024 2024-00216337 PDF
31-12-2022 abbreviated format 03-07-2023 2023-00206259 PDF
31-12-2021 abbreviated format 24-06-2022 2022-20145922 PDF
31-12-2020 abbreviated format 30-07-2021 2021-45200242 PDF

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