Egeda
ActiveSummary
Egeda has been active since 1951 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.90M and a net result of €114k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 75% of 9040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability38▲+17
Solvency93▼-7
Growth47▼-14
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 3.1 against 5.5 in 2023; short-term debt: 31.6% and cash: 9.3% of total assets), and 31.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
68.4%
Return on assets
4.1%
Age of the figures
21 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d late
2023
31 d early
2022
35 d early
2021
34 d early
2020
40 d early
2019
35 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€7.81M▼ 2.8%
2023 · €8.03M
EBIT margin
3.1%▲ 2.3pp
2023 · 0.8%
Net result
€114k
2023 · €-92k
Working capital
€1.84M▼ 25.1%
2023 · €2.45M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€7.78M▼ 13.5%€8.13M▲ 4.5%€8.72M▲ 7.2%€8.03M▼ 7.8%€7.81M▼ 2.8%
Operating result€498k▲ 4,936%€215k▼ 56.8%€262k▲ 21.8%€62k▼ 76.3%€244k▲ 293%
Net result€315k€15k▼ 95.1%€81k▲ 431%€-92k€114k
EBIT margin6.4%▲ 6.3pp2.6%▼ 3.8pp3.0%▲ 0.4pp0.8%▼ 2.2pp3.1%▲ 2.3pp
Equity€2.48M▲ 14.6%€2.49M▲ 0.6%€2.58M▲ 3.3%€2.48M▼ 3.6%€1.90M▼ 23.6%
Total assets€3.28M▲ 13.5%€3.23M▼ 1.4%€3.40M▲ 5.2%€3.06M▼ 10.1%€2.77M▼ 9.3%
Debt€803k▲ 10.4%€741k▼ 7.7%€828k▲ 11.8%€545k▼ 34.2%€877k▲ 61.0%
Working capital€2.55M▲ 20.5%€2.45M▼ 4.1%€2.53M▲ 3.2%€2.45M▼ 2.9%€1.84M▼ 25.1%
Staff (FTE)21.9▼ 15.1%21.4▼ 2.3%19.2▼ 10.3%19.3▲ 0.5%16.4▼ 15.0%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 293% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.77M
Fixed assets
€61k ▼ 4.8%
Current assets
€2.71M ▼ 9.4%
Equity and liabilities €2.77M
Equity
€1.90M ▼ 23.6%
Provisions
€0 ▼ 100%
Debt
€877k ▲ 61.0%
Debt's share of the balance-sheet total rises from 17.8% to 31.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€273k▲
2023 · €82k
Cash flow
€143k▲
2023 · €-72k
Current ratio
3.10▼
2023 · 5.50
Quick ratio
1.51▼
2023 · 3.02
Debt to equity
0.46▲
2023 · 0.22
ROE
6.0%▲
2023 · -3.7%
ROA
4.1%▲
2023 · -3.0%
Interest coverage
1.95▲
2023 · 0.53
Debt ≤ 1 year
€877k▲
2023 · €545k
Income taxes
€4k
Staff costs
€1.21M▼
2023 · €1.31M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €7.78M | €8.13M | €8.72M | €8.03M | €7.81M | ▼ 2.8% |
| Goods, raw materials, services and sundry goods60/61 | - | €6.99M | €7.49M | €6.75M | €6.47M | ▼ 4.1% |
| Remuneration, social security and pensions62 | - | €1.30M | €1.29M | €1.31M | €1.21M | ▼ 7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26k | €25k | €23k | €20k | €29k | ▲ 47.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | €19k | €-14k | €8k | ▲ 159% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €31k | €-31k | ▼ 200% |
| Other operating charges640/8 | - | €5k | €5k | €5k | €6k | ▲ 18.3% |
| Non-recurring operating charges66A | - | - | €12k | - | - | - |
| Gross operating margin9900 | €1.73M | €1.55M | €1.61M | €1.41M | €1.47M | ▲ 3.8% |
| Operating profit (loss)9901 | €498k | €215k | €262k | €62k | €244k | ▲ 293% |
| Financial income75/76B | - | - | €671 | €2k | €14k | ▲ 689% |
| Recurring financial income75 | - | - | €671 | €2k | €14k | ▲ 689% |
| Financial charges65/66B | - | €199k | €181k | €156k | €140k | ▼ 10.0% |
| Recurring financial charges65 | €183k | €199k | €181k | €156k | €140k | ▼ 10.0% |
| Non-recurring financial charges66B | - | - | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | €315k | €16k | €81k | €-92k | €118k | ▲ 229% |
| Income taxes67/77 | €282 | €207 | - | - | €4k | - |
| Profit (loss) for the period9904 | €315k | €15k | €81k | €-92k | €114k | ▲ 224% |
| Profit (loss) for the period to be appropriated9905 | €315k | €15k | €81k | €-92k | €114k | ▲ 224% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.28M | €3.23M | €3.40M | €3.06M | €2.77M | ▼ 9.3% |
| Fixed assets21/28 | €38k | €48k | €50k | €64k | €61k | ▼ 4.8% |
| Intangible fixed assets21 | - | €11k | €26k | €19k | €21k | ▲ 11.4% |
| Tangible fixed assets22/27 | €36k | €35k | €23k | €43k | €38k | ▼ 12.3% |
| Land and buildings22 | - | - | - | - | €2k | - |
| Plant, machinery and equipment23 | - | €6k | €4k | €3k | €2k | ▼ 37.0% |
| Furniture and vehicles24 | - | €29k | €19k | €40k | €34k | ▼ 16.4% |
| Other tangible fixed assets26 | - | €0 | - | - | - | - |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €3.24M | €3.19M | €3.35M | €3.00M | €2.71M | ▼ 9.4% |
| Stocks and contracts in progress3 | €1.13M | €1.93M | €1.57M | €1.35M | €1.39M | ▲ 2.6% |
| Stocks30/36 | - | €1.93M | €1.57M | €1.35M | €1.39M | ▲ 2.6% |
| Amounts receivable within one year40/41 | €699k | €523k | €628k | €707k | €616k | ▼ 12.8% |
| Trade receivables40 | - | €428k | €575k | €628k | €598k | ▼ 4.8% |
| Other amounts receivable41 | - | €95k | €53k | €79k | €18k | ▼ 77.0% |
| Current investments50/53 | - | - | - | €350k | €450k | ▲ 28.6% |
| Cash at bank and in hand54/58 | €929k | €722k | €1.12M | €582k | €257k | ▼ 55.8% |
| Deferred charges and accrued income490/1 | - | €16k | €30k | €7k | €5k | ▼ 30.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.28M | €3.23M | €3.40M | €3.06M | €2.77M | ▼ 9.3% |
| Equity10/15 | €2.48M | €2.49M | €2.58M | €2.48M | €1.90M | ▼ 23.6% |
| Contributions10/11 | €439k | €439k | €439k | €439k | €439k | = |
| Capital10 | - | €439k | €439k | €439k | €439k | = |
| Issued capital100 | - | €439k | €439k | €439k | €439k | = |
| Reserves13 | €2.04M | €2.06M | €2.14M | €2.04M | €1.46M | ▼ 28.7% |
| Non-distributable reserves130/1 | - | €46k | €46k | €46k | €46k | = |
| Legal reserve130 | - | €46k | €46k | €46k | €46k | = |
| Distributable reserves133 | - | €2.01M | €2.09M | €2.00M | €1.41M | ▼ 29.3% |
| Provisions and deferred taxes16 | - | - | - | €31k | €0 | ▼ 100% |
| Provisions for liabilities and charges160/5 | - | - | - | €31k | €0 | ▼ 100% |
| Other liabilities and charges164/5 | - | - | - | €31k | €0 | ▼ 100% |
| Amounts payable17/49 | €803k | €741k | €828k | €545k | €877k | ▲ 61.0% |
| Amounts payable within one year42/48 | €692k | €740k | €828k | €545k | €877k | ▲ 61.0% |
| Financial debts43 | - | - | - | - | €33k | - |
| Credit institutions430/8 | - | - | - | - | €33k | - |
| Trade debts44 | €533k | €540k | €613k | €363k | €477k | ▲ 31.5% |
| Suppliers440/4 | - | €540k | €613k | €363k | €477k | ▲ 31.5% |
| Taxes, remuneration and social security45 | - | €201k | €215k | €182k | €167k | ▼ 8.2% |
| Taxes450/3 | - | €44k | €73k | €64k | €53k | ▼ 17.8% |
| Remuneration and social security454/9 | - | €157k | €142k | €118k | €114k | ▼ 3.0% |
| Other amounts payable47/48 | - | - | - | - | €200k | - |
| Accrued charges and deferred income492/3 | - | €48 | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €315k | €15k | €81k | €-92k | €114k | ▲ 224% |
| + Depreciation and write-downs630 | €26k | €25k | €23k | €20k | €29k | ▲ 47.5% |
| Operating cash flow (approximation) | €341k | €41k | €104k | €-72k | €143k | ▲ 299% |
| Investment in fixed assets (approximation) | - | €-35k | €-25k | €-33k | €-26k | ▲ 21.7% |
| Change in cash | - | €-208k | €402k | €-543k | €-325k | ▲ 40.2% |
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
2026
17-09
State Gazette act
Resignations: Vyvey & C° Bedrijfsrevisoren BV, Mimato BV and 4 othersReappointments: Todaco BV (director) and Jan Dam (director)10 facts ▸
State Gazette act
Resignations: Vyvey & C° Bedrijfsrevisoren BV, Mimato BV and 4 others
Reappointments: Todaco BV (director) and Jan Dam (director)10 facts ▸
- General meeting, 22-08-2025
- Auditor resignation, Vyvey & C° Bedrijfsrevisoren BV
- Auditor resignation, Vyvey & C° Bedrijfsrevisoren BV
- Director resignation, Mimato BV (director)
- Director resignation, Svechriso BV (director)
- Director resignation, Glyndela BV (director)
- Director resignation, Tom Dam (director)
- Director resignation, Gaston Dam (director)
- Director reappointment, Todaco BV (director)
- Director reappointment, Jan Dam (director)
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
31-12
Financial
Back to profitnet €114k
Net result €114k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €315k
Net result €315k after 2 loss-making years.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 9 acts read
About the unread acts
Of the 9 Belgian State Gazette acts we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2025
Jan Dam
CurrentDirector · since 02-04-2025
Todaco BV
CurrentDirector · since 02-04-2025 · Legal entity · perm. rep.: Tom Dam
02-04-2025
Jan Dam: Mandate renewed as Director
02-04-2025
Todaco BV: Mandate renewed as Director
02-04-2025
Gaston Dam: Resigned as Director
02-04-2025
Glyndela BV: Resigned as Director
02-04-2025
Mimato BV: Resigned as Director
Not every act has been read: a resignation may be missing here
8 of this company's 9 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Herentals · 1 establishment unit since 1995
Ground area
3.2 ha
Building footprint
9,485 m²
Volume, LiDAR
71,175 m³
Parcel 13302D0071/00H000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
EGEDA
since 19952.003.182.038
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D0071/00H000 | Flanders | 3.2 ha | 1 · 9,485 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Who signs
“Beide nieuwe bestuurders kunnen de vennootschap alleen vertegenwoordigen en zodoende dus beslissingen alleen nemen en de vennootschap verbinden. De voorzitter”
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 19,106 EUR awarded · 19,106 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 8,433 EUR | 8,472 EUR |
| 2024 | 2 | 301 EUR | 2,125 EUR |
| 2023 | 3 | 7,766 EUR | 5,903 EUR |
| 2022 | 2 | 2,606 EUR | 2,606 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies voor internationaal ondernemen
Vlaams opleidingsverlof (VOV)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
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Of 473 companies in sector 46842 we hold annual accounts for 346. 233 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded31-12-1951
Fiscal year end31-12
Activities, NACEBEL 2025
46836Wholesale trade
46842Wholesale trade
43222Installation of electric heating, air conditioning, cooling and ventilation
Scores and ratios are computed by Checked and are not a credit decision.