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EFDISET

Active
Private limited companyfounded 20179 yrs activeKleiputstraat 2B, 9150 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0678.619.324
Summary

The annual accounts of EFDISET for fiscal year 2024 show a net loss of 55% of the equity at the start of that year. The 2024 annual accounts show equity of €5,837 and a net result of -€7,064. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability13▲+2
Solvency29▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.03 against 1.1 in 2023; short-term debt: 96% and cash: 0% of total assets), and 96% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
4%
Return on assets
-4.8%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 14
Relative position
BE, all sectors
reference
Manufacture of wearing apparel (NACE 14)
about 12% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
32 d early
2024
31 d early
2023
8 d early
2022
28 d early
2021
24 d late
2020
31 d late
2019
80 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 3 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 14 July 2017, EFDISET was incorporated.1 Total assets went from EUR 58,998 in 2018 to EUR 145,689 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€5,837▼ 54.8%
2023 · €12,901
Total assets
€145,689▲ 5.1%
2023 · €138,620
Net result
-€7,064▲ 13.1%
2023 · -€8,129
Working capital
€4,628▼ 64.1%
2023 · €12,901
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 14, Manufacture of wearing apparel, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€40,162€834▼ 97.9%€2,313▲ 177%-€7,869-€6,894▲ 12.4%
Net result€35,621above the sector's middle half€407within the sector's middle half▼ 98.9%€1,477within the sector's middle half▲ 263%-€8,129below the sector's middle half-€7,064within the sector's middle half▲ 13.1%
Equity€19,146within the sector's middle half€19,553within the sector's middle half▲ 2.1%€21,030within the sector's middle half▲ 7.6%€12,901within the sector's middle half▼ 38.7%€5,837within the sector's middle half▼ 54.8%
Total assets€158,535within the sector's middle half▲ 69.8%€152,500within the sector's middle half▼ 3.8%€144,607within the sector's middle half▼ 5.2%€138,620within the sector's middle half▼ 4.1%€145,689within the sector's middle half▲ 5.1%
Debt€139,388▲ 26.9%€132,947▼ 4.6%€123,577▼ 7.0%€125,719▲ 1.7%€139,852▲ 11.2%
Working capital€9,853within the sector's middle half€16,030within the sector's middle half▲ 62.7%€20,605within the sector's middle half▲ 28.5%€12,901within the sector's middle half▼ 37.4%€4,628within the sector's middle half▼ 64.1%
Solvency12.1%within the sector's middle half▲ 29.7pp12.8%within the sector's middle half▲ 0.7pp14.5%within the sector's middle half▲ 1.7pp9.3%within the sector's middle half▼ 5.2pp4.0%within the sector's middle half▼ 5.3pp
Current ratio1.07within the sector's middle half▲ 0.361.12within the sector's middle half▲ 0.051.17within the sector's middle half▲ 0.051.10within the sector's middle half▼ 0.061.03within the sector's middle half▼ 0.07
Return on assets (ROA)22.5%above the sector's middle half▲ 42.4pp0.3%within the sector's middle half▼ 22.2pp1.0%within the sector's middle half▲ 0.8pp-5.9%within the sector's middle half▼ 6.9pp-4.8%within the sector's middle half▲ 1.0pp
above within below the middle half (P25 to P75) of NACE 14, Manufacture of wearing apparel, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2020: €40,162€40,162Net result 2020: €35,621€35,621Operating result 2021: €834€834Net result 2021: €407€407Operating result 2022: €2,313€2,313Net result 2022: €1,477€1,477Operating result 2023: -€7,869-€7,869Net result 2023: -€8,129-€8,129Operating result 2024: -€6,894-€6,894Net result 2024: -€7,064-€7,06420202021202220232024-€10,000-€5,000€0Operating result 2022: €2,313€2,310Net result 2022: €1,477€1,480Operating result 2023: -€7,869-€7,870Net result 2023: -€8,129-€8,130Operating result 2024: -€6,894-€6,890Net result 2024: -€7,064-€7,060202220232024
The operating result stays negative: a loss of €6,894 in 2024 against €7,869 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €145,689
Fixed assets €1,210
Current assets €144,479
Equity and liabilities €145,689
Equity €5,837 ▼ 54.8%
Debt €139,852 ▲ 11.2%
Debt's share of the balance-sheet total rises from 90.7% to 96.0%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€6,712▲
2023 · -€7,444
Cash flow
-€6,882▲
2023 · -€7,704
Quick ratio
1.00▼
2023 · 1.07
Debt to equity
23.96▲
2023 · 9.74
ROE
-121.0%▼
2023 · -63.0%
Interest coverage
-39.39▼
2023 · -28.45
Debt ≤ 1 year
€139,852▲
2023 · €125,719
Income taxes
€0▼
2023 · €29
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 849 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a small loss
4.6% went bankrupt
3.3% stopped otherwise
92% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.8% 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%.

The companies in ten equal groups, from lowest to 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% 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 849 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€138,620€145,689▲
Fixed assets21/28€0€1,210▲
Intangible fixed assets21€0-
Tangible fixed assets22/27-€1,210
Plant, machinery and equipment23-€1,210
Current assets29/58€138,620€144,479▲
Stocks and contracts in progress3€4,580€4,580=
Stocks30/36€4,580€4,580=
Amounts receivable within one year40/41€133,179€139,842▲
Trade receivables40€61,980€52,289▼
Other amounts receivable41€71,199€87,553▲
Cash at bank and in hand54/58€861€57▼
Equity and liabilities
Total equity and liabilities10/49€138,620€145,689▲
Equity10/15€12,901€5,837▼
Contributions10/11€6,300€6,300=
Profit (loss) carried forward14€6,601-€463▼
Amounts payable17/49€125,719€139,852▲
Amounts payable within one year42/48€125,719€139,852▲
Trade debts44€103,688€123,922▲
Suppliers440/4€103,688€123,922▲
Taxes, remuneration and social security45€5,140€0▼
Taxes450/3€5,140€0▼
Other amounts payable47/48€16,892€15,929▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€425€182▼
Other operating charges640/8€1,275€241▼
Gross operating margin9900-€6,169-€6,471▼
Operating profit (loss)9901-€7,869-€6,894▲
Financial income75/76B€30€0▼
Recurring financial income75€30€0▼
Financial charges65/66B€262€170▼
Recurring financial charges65€262€170▼
Profit (loss) for the period before taxes9903-€8,101-€7,064▲
Income taxes67/77€29€0▼
Profit (loss) for the period9904-€8,129-€7,064▲
Profit (loss) for the period to be appropriated9905-€8,129-€7,064▲
Appropriation of the result
Profit (loss) to be appropriated9906€6,601-€463▼
Profit (loss) brought forward from the previous period14P€14,730€6,601▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,771€5,771€3,098€425€182▼ 57.2%
Other operating charges640/8-€833€1,270€1,275€241▼ 81.1%
Gross operating margin9900€46,252€7,438€6,682-€6,169-€6,471▼ 4.9%
Operating profit (loss)9901€40,162€834€2,313-€7,869-€6,894▲ 12.4%
Financial income75/76B-€19€185€30€0▼ 100%
Recurring financial income75€66€19€185€30€0▼ 100%
Financial charges65/66B-€338€489€262€170▼ 34.9%
Recurring financial charges65€325€338€489€262€170▼ 34.9%
Profit (loss) for the period before taxes9903€39,903€516€2,009-€8,101-€7,064▲ 12.8%
Income taxes67/77€4,282€109€532€29€0▼ 100%
Profit (loss) for the period9904€35,621€407€1,477-€8,129-€7,064▲ 13.1%
Profit (loss) for the period to be appropriated9905€35,621€407€1,477-€8,129-€7,064▲ 13.1%
Line20202021202220232024Change
Assets
Total assets20/58€158,535€152,500€144,607€138,620€145,689▲ 5.1%
Fixed assets21/28€9,294€3,523€425€0€1,210-
Intangible fixed assets21€9,294€3,523€425€0--
Tangible fixed assets22/27----€1,210-
Plant, machinery and equipment23----€1,210-
Current assets29/58€149,241€148,977€144,182€138,620€144,479▲ 4.2%
Stocks and contracts in progress3€10,100€14,615€7,563€4,580€4,580=
Stocks30/36-€14,615€7,563€4,580€4,580=
Amounts receivable within one year40/41€110,477€119,324€135,615€133,179€139,842▲ 5.0%
Trade receivables40-€52,299€65,024€61,980€52,289▼ 15.6%
Other amounts receivable41-€67,026€70,590€71,199€87,553▲ 23.0%
Cash at bank and in hand54/58€28,664€15,037€1,004€861€57▼ 93.4%
Equity and liabilities
Total equity and liabilities10/49€158,535€152,500€144,607€138,620€145,689▲ 5.1%
Equity10/15€19,146€19,553€21,030€12,901€5,837▼ 54.8%
Contributions10/11-€6,300€6,300€6,300€6,300=
Profit (loss) carried forward14€12,846€13,253€14,730€6,601-€463▼ 107%
Amounts payable17/49€139,388€132,947€123,577€125,719€139,852▲ 11.2%
Amounts payable within one year42/48€139,388€132,947€123,577€125,719€139,852▲ 11.2%
Trade debts44€119,443€112,866€105,108€103,688€123,922▲ 19.5%
Suppliers440/4-€112,866€105,108€103,688€123,922▲ 19.5%
Advances received on contracts in progress46-€189€0---
Taxes, remuneration and social security45-€4,391€2,577€5,140€0▼ 100%
Taxes450/3-€4,391€2,577€5,140€0▼ 100%
Other amounts payable47/48-€15,500€15,892€16,892€15,929▼ 5.7%
Line20202021202220232024Change
Profit (loss) for the period9904€35,621€407€1,477-€8,129-€7,064▲ 13.1%
+ Depreciation and write-downs630€5,771€5,771€3,098€425€182▼ 57.2%
Operating cash flow (approximation)€41,392€6,177€4,575-€7,704-€6,882▲ 10.7%
Investment in fixed assets (approximation)-€0€0€0-€1,391-
Change in cash--€13,627-€14,033-€143-€804▼ 462%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
23-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
24-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial Back to profitnet €35,621
Net result €35,621 after 2 loss-making years.
19-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
2019
26-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
4,831 m²
Building footprint
221 m²
Volume, LiDAR
1,090 m³
2 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EFDISET
Kleiputstraat 4, 9150 Beveren-Kruibeke-ZwijndrechtManufacture of textiles
since 20172.269.233.836
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46013A0440/00_000 Flanders 4,176 m² - -
46013A0441/00E000 Flanders 655 m² 1 · 221 m² 8.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. HQI 100%
  2. EFDISET

Highest known parent: HQI. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 51 companies in sector 14230 we hold annual accounts for 32. 3 are within a factor 10 of this equity. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
14230Manufacture of wearing apparel
46421Wholesale trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID 0208:0678619324
Also 9925:BE0678619324
Registered 23-07-2025

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.