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EKADER

Active
Private limited companyfounded 20169 yrs activeMechelsesteenweg 223, 2820 Bonheiden, BelgiumKBO/BCE: BE 0665.922.321
Summary

EKADER has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €343,590 and a net result of €53,932. Equity is growing by ~20.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability83▲+3
Solvency98▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 3.6 against 7.24 in 2023; short-term debt: 27% and cash: 69.6% of total assets), and 27.2% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 12-06-2026, 49 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
49 d early
2024
28 d early
2023
40 d early
2022
53 d early
2021
33 d early
2020
40 d early
2019
45 d early
← 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 41 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 22 June (5 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 10 November 2016, EKADER was incorporated.1 Total assets went from EUR 256,474 in 2018 to EUR 471,839 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

Equity
€343,590▼ 50.2%
2023 · €689,658
Total assets
€471,839▼ 40.7%
2023 · €795,809
Net result
€53,932▼ 23.8%
2023 · €70,742
Working capital
€331,344▼ 50.0%
2023 · €662,237
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€193,502▲ 32.0%€172,912▼ 10.6%€73,067▼ 57.7%€73,042=€74,775▲ 2.4%
Net result€147,122above the sector's middle half▲ 37.7%€129,546above the sector's middle half▼ 11.9%€52,831within the sector's middle half▼ 59.2%€70,742above the sector's middle half▲ 33.9%€53,932within the sector's middle half▼ 23.8%
Equity€436,539above the sector's middle half▲ 50.8%€566,085above the sector's middle half▲ 29.7%€618,916above the sector's middle half▲ 9.3%€689,658above the sector's middle half▲ 11.4%€343,590above the sector's middle half▼ 50.2%
Total assets€529,928above the sector's middle half▲ 43.7%€662,633above the sector's middle half▲ 25.0%€696,931above the sector's middle half▲ 5.2%€795,809above the sector's middle half▲ 14.2%€471,839above the sector's middle half▼ 40.7%
Debt€93,389▲ 17.8%€96,548▲ 3.4%€78,015▼ 19.2%€106,151▲ 36.1%€128,249▲ 20.8%
Working capital€366,881above the sector's middle half▲ 45.1%€514,819above the sector's middle half▲ 40.3%€583,510above the sector's middle half▲ 13.3%€662,237above the sector's middle half▲ 13.5%€331,344above the sector's middle half▼ 50.0%
Solvency82.4%above the sector's middle half▲ 3.9pp85.4%above the sector's middle half▲ 3.1pp88.8%above the sector's middle half▲ 3.4pp86.7%above the sector's middle half▼ 2.1pp72.8%within the sector's middle half▼ 13.8pp
Current ratio4.93above the sector's middle half▲ 0.526.38above the sector's middle half▲ 1.458.56above the sector's middle half▲ 2.197.24above the sector's middle half▼ 1.323.60within the sector's middle half▼ 3.64
Return on assets (ROA)27.8%above the sector's middle half▼ 1.2pp19.6%within the sector's middle half▼ 8.2pp7.6%within the sector's middle half▼ 12.0pp8.9%within the sector's middle half▲ 1.3pp11.4%within the sector's middle half▲ 2.5pp
Staff (FTE)11=
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
€0€50,000€100,000€150,000€200,000Operating result 2020: €193,502€193,502Net result 2020: €147,122€147,122Operating result 2021: €172,912€172,912Net result 2021: €129,546€129,546Operating result 2022: €73,067€73,067Net result 2022: €52,831€52,831Operating result 2023: €73,042€73,042Net result 2023: €70,742€70,742Operating result 2024: €74,775€74,775Net result 2024: €53,932€53,93220202021202220232024€0€20,000€40,000€60,000€80,000Operating result 2022: €73,067€73,100Net result 2022: €52,831€52,800Operating result 2023: €73,042€73,000Net result 2023: €70,742€70,700Operating result 2024: €74,775€74,800Net result 2024: €53,932€53,900202220232024
The operating result recovers in 2024; 2024 is 2% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €471,839
Fixed assets €13,176 ▼ 51.9%
Current assets €458,663 ▼ 40.3%
Equity and liabilities €471,839
Equity €343,590 ▼ 50.2%
Debt €128,249 ▲ 20.8%
Debt's share of the balance-sheet total rises from 13.3% to 27.2%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€89,851▲
2023 · €87,712
Cash flow
€69,008▼
2023 · €85,412
Debt to equity
0.37▲
2023 · 0.15
ROE
15.7%▲
2023 · 10.3%
Interest coverage
18.73▼
2023 · 28.39
Debt ≤ 1 year
€127,319▲
2023 · €106,151
Income taxes
€17,491▼
2023 · €18,268
Staff costs
€35,903▲
2023 · €20,297
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,340 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% 1.8%
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% 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 26,975 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 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€795,809€471,839▼
Fixed assets21/28€27,421€13,176▼
Tangible fixed assets22/27€27,421€13,176▼
Plant, machinery and equipment23€10,040€4,863▼
Furniture and vehicles24€17,381€8,313▼
Current assets29/58€768,388€458,663▼
Amounts receivable within one year40/41€76,830€58,969▼
Trade receivables40€76,830€54,736▼
Other amounts receivable41-€4,233
Current investments50/53-€71,400
Cash at bank and in hand54/58€691,558€328,294▼
Equity and liabilities
Total equity and liabilities10/49€795,809€471,839▼
Equity10/15€689,658€343,590▼
Contributions10/11€18,600€18,600=
Reserves13€671,058€324,990▼
Distributable reserves133€671,058€324,990▼
Amounts payable17/49€106,151€128,249▲
Amounts payable within one year42/48€106,151€127,319▲
Financial debts43€2,128€3,319▲
Credit institutions430/8€2,128€3,319▲
Trade debts44€27,746€36,749▲
Suppliers440/4€27,746€36,749▲
Taxes, remuneration and social security45€20,852€24,420▲
Taxes450/3€12,479€15,238▲
Remuneration and social security454/9€8,373€9,182▲
Other amounts payable47/48€55,425€62,831▲
Accrued charges and deferred income492/3-€930
Income statement Code20232024
Remuneration, social security and pensions62€20,297€35,903▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,670€15,076▲
Other operating charges640/8€3,079€3,153▲
Gross operating margin9900€111,088€128,907▲
Operating profit (loss)9901€73,042€74,775▲
Financial income75/76B€19,058€1,444▼
Recurring financial income75€19,058€1,444▼
Non-recurring financial income76B€19,058-
Financial charges65/66B€3,090€4,796▲
Recurring financial charges65€3,090€4,796▲
Profit (loss) for the period before taxes9903€89,010€71,423▼
Income taxes67/77€18,268€17,491▼
Profit (loss) for the period9904€70,742€53,932▼
Profit (loss) for the period to be appropriated9905€70,742€53,932▼
Appropriation of the result
Profit (loss) to be appropriated9906€70,742€53,932▼
Transfer from equity791/2€4,661€346,068▲
Transfer to equity691/2€75,403-
To other reserves6921€75,403-
Profit to be distributed694/7-€400,000
Return on contributions (dividend)694-€400,000

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62---€20,297€35,903▲ 76.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,203€22,375€24,732€14,670€15,076▲ 2.8%
Other operating charges640/8-€1,891€4,422€3,079€3,153▲ 2.4%
Gross operating margin9900€209,883€197,178€102,221€111,088€128,907▲ 16.0%
Operating profit (loss)9901€193,502€172,912€73,067€73,042€74,775▲ 2.4%
Financial income75/76B-€32€45€19,058€1,444▼ 92.4%
Recurring financial income75€11€32€45€19,058€1,444▼ 92.4%
Non-recurring financial income76B---€19,058--
Financial charges65/66B-€2,296€2,740€3,090€4,796▲ 55.2%
Recurring financial charges65€2,195€2,296€2,740€3,090€4,796▲ 55.2%
Profit (loss) for the period before taxes9903€195,426€170,648€70,372€89,010€71,423▼ 19.8%
Income taxes67/77€48,304€41,102€17,541€18,268€17,491▼ 4.3%
Profit (loss) for the period9904€147,122€129,546€52,831€70,742€53,932▼ 23.8%
Profit (loss) for the period to be appropriated9905€147,122€129,546€52,831€70,742€53,932▼ 23.8%
Line20202021202220232024Change
Assets
Total assets20/58€529,928€662,633€696,931€795,809€471,839▼ 40.7%
Fixed assets21/28€69,658€52,066€36,266€27,421€13,176▼ 51.9%
Tangible fixed assets22/27€69,658€52,066€36,266€27,421€13,176▼ 51.9%
Plant, machinery and equipment23-€5,133€9,817€10,040€4,863▼ 51.6%
Furniture and vehicles24-€46,933€26,449€17,381€8,313▼ 52.2%
Current assets29/58€460,270€610,567€660,665€768,388€458,663▼ 40.3%
Amounts receivable within one year40/41€46,316€83,882€30,852€76,830€58,969▼ 23.2%
Trade receivables40-€79,983€30,766€76,830€54,736▼ 28.8%
Other amounts receivable41-€3,899€86-€4,233-
Current investments50/53----€71,400-
Cash at bank and in hand54/58€413,954€526,685€629,813€691,558€328,294▼ 52.5%
Equity and liabilities
Total equity and liabilities10/49€529,928€662,633€696,931€795,809€471,839▼ 40.7%
Equity10/15€436,539€566,085€618,916€689,658€343,590▼ 50.2%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10-€18,600€18,600---
Issued capital100-€18,600€18,600---
Reserves13€417,939€547,485€600,316€671,058€324,990▼ 51.6%
Non-distributable reserves130/1-€4,661€4,661---
Legal reserve130-€4,661€4,661---
Distributable reserves133-€542,824€595,655€671,058€324,990▼ 51.6%
Amounts payable17/49€93,389€96,548€78,015€106,151€128,249▲ 20.8%
Amounts payable within one year42/48€93,389€95,748€77,155€106,151€127,319▲ 19.9%
Financial debts43-€1,487€1,385€2,128€3,319▲ 56.0%
Credit institutions430/8-€1,487€1,385€2,128€3,319▲ 56.0%
Trade debts44€8,569€32,564€19,035€27,746€36,749▲ 32.4%
Suppliers440/4-€32,564€19,035€27,746€36,749▲ 32.4%
Taxes, remuneration and social security45-€13,288€5,477€20,852€24,420▲ 17.1%
Taxes450/3-€10,615€2,780€12,479€15,238▲ 22.1%
Remuneration and social security454/9-€2,673€2,697€8,373€9,182▲ 9.7%
Other amounts payable47/48-€48,409€51,258€55,425€62,831▲ 13.4%
Accrued charges and deferred income492/3-€800€860-€930-
Line20202021202220232024Change
Profit (loss) for the period9904€147,122€129,546€52,831€70,742€53,932▼ 23.8%
+ Depreciation and write-downs630€14,203€22,375€24,732€14,670€15,076▲ 2.8%
Operating cash flow (approximation)€161,325€151,921€77,563€85,412€69,008▼ 19.2%
Investment in fixed assets (approximation)--€4,783-€8,932-€5,825-€831▲ 85.7%
Change in cash-€112,731€103,128€61,745-€363,264▼ 688%

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
12-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
08-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €52,831 ▼59.2%
Net result drops to €52,831, the lowest in the series; recovery starts the following year.
28-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €500,000Eq €566,085 ▲29.7%
4 profitable years in a row build equity to €566,085.
21-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €147,122 ▲37.7%
Operating result €193,502, net result €147,122, both a record.
16-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €200,000Eq €289,417 ▲58.5%
2 profitable years in a row build equity to €289,417.
02-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
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.

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

Directors · office · real estate

Directors
2 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, Bonheiden · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
1,269 m²
Building footprint
140 m²
Volume, LiDAR
1,025 m³
Parcel 12005D0133/00V000, Flanders · tallest building 16.9 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Ekader
Mechelsesteenweg 223, 2820 BonheidenManufacture of electrical equipment
since 20162.258.493.164
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12005D0133/00V000 Flanders 1,268 m² 1 · 140 m² 16.9 m · 2 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.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 294 EUR awarded · 294 EUR paid
Year Entries awardedpaid
2022 1 294 EUR294 EUR
Schemes
1 entry · 294 EUR · 294 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

894500931HYFV7CIA115
live in the LEI register

Similar companies · same sector, comparable size

Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 37,366 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded10-11-2016
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID 0208:0665922321
Also 9925:BE0665922321
Registered 09-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.