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Entrodev

Active
Private limited companyfounded 201016 yrs activeBoskapellaan 78, 9080 Lochristi, BelgiumKBO/BCE: BE 0822.500.711
Summary

For Entrodev, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €164,882 and a net result of €50,282. Equity is growing by ~30.6% per year across the filed fiscal years. Its solvency ranks better than 69% of 33673 sector peers (fiscal year 2023). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2021
Profitability92▲+14
Solvency87▼-13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2023
Solvency, return and age of the figures
Solvency
61.8%
Return on assets
18.9%
Age of the figures
39 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
30-06-2024 close31-01-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 29-02-2024, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
29 d late
2021
120 d late
2019
151 d late
2017
on the day
2016
156 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 91 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
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 18 January 2010, Entrodev was incorporated.1 Total assets went from EUR 90,732 in 2019 to EUR 266,702 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023

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Financials · fiscal year 2023, micro schema

Equity
€164,882▲ 89.0%
2021 · €87,246
Total assets
€266,702▲ 178%
2021 · €96,042
Net result
€50,282▲ 624%
2021 · €6,949
Working capital
€165,923▲ 122%
2021 · €74,651
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Available amounts per fiscal year
Line201920212023
Operating result€28,360-€18,801-€69,483-
Net result€21,592-€6,949within the sector's middle half-€50,282above the sector's middle half-
Equity€58,152-€87,246within the sector's middle half-€164,882above the sector's middle half-
Total assets€90,732-€96,042within the sector's middle half-€266,702within the sector's middle half-
Debt€32,580-€8,795-€101,821-
Working capital€30,833-€74,651-€165,923-
Solvency64.1%-90.8%above the sector's middle half-61.8%within the sector's middle half-
above within below the middle half (P25 to P75) of NACE 43, Specialised construction 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€20,000€40,000€60,000Operating result 2019: €28,360€28,360Net result 2019: €21,592€21,592Operating result 2021: €18,801€18,801Net result 2021: €6,949€6,949Operating result 2023: €69,483€69,483Net result 2023: €50,282€50,282201920212023€0€20,000€40,000€60,000Operating result 2019: €28,360€28,400Net result 2019: €21,592€21,600Operating result 2021: €18,801€18,800Net result 2021: €6,949€6,950Operating result 2023: €69,483€69,500Net result 2023: €50,282€50,300201920212023
The operating result is €69,483 in 2023, compared with €18,801 in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2023 in colour, 2021 as the grey bar beneath
Assets €266,702
Fixed assets €55,296 ▲ 339%
Current assets €211,406 ▲ 153%
Equity and liabilities €266,702
Equity €164,882 ▲ 89.0%
Debt €101,821 ▲ 1,058%
Debt's share of the balance-sheet total rises from 9.2% to 38.2%. Equity and debt are higher.
Key figures and ratios
2023 value · change against 2021
EBITDA
€79,416▲
2021 · €31,396
Cash flow
€60,215▲
2021 · €19,544
Current ratio
4.65▼
2021 · 9.49
Debt to equity
0.62▲
2021 · 0.10
ROE
30.5%▲
2021 · 8.0%
ROA
18.9%▲
2021 · 7.2%
Interest coverage
229.99▲
2021 · 18.81
Debt ≤ 1 year
€45,483▲
2021 · €8,795
Debt > 1 year
€56,338
Income taxes
€18,856▲
2021 · €11,517
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2021 · 43 lines
Balance sheet Code20212023
Assets
Total assets20/58€96,042€266,702▲
Fixed assets21/28€12,595€55,296▲
Tangible fixed assets22/27€12,595€55,296▲
Plant, machinery and equipment23-€2,380
Furniture and vehicles24€12,595€52,916▲
Current assets29/58€83,446€211,406▲
Amounts receivable within one year40/41€52,497€155,475▲
Trade receivables40€23,485€99,892▲
Other amounts receivable41€29,012€55,584▲
Cash at bank and in hand54/58€30,854€55,836▲
Deferred charges and accrued income490/1€95€95=
Equity and liabilities
Total equity and liabilities10/49€96,042€266,702▲
Equity10/15€87,246€164,882▲
Contributions10/11€18,600€18,600=
Outside capital11€18,600€18,600=
Other1109/19€18,600€18,600=
Reserves13€68,646€146,282▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€66,786€144,422▲
Amounts payable17/49€8,795€101,821▲
Amounts payable after more than one year17-€56,338
Financial debts170/4-€56,338
Amounts payable within one year42/48€8,795€45,483▲
Trade debts44€2,445€19,719▲
Suppliers440/4€2,445€19,719▲
Taxes, remuneration and social security45€6,350€25,763▲
Taxes450/3€6,350€25,763▲
Income statement Code20212023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,595€9,933▼
Other operating charges640/8€119€53▼
Gross operating margin9900€31,515€79,469▲
Operating profit (loss)9901€18,801€69,483▲
Financial income75/76B€1,334-
Recurring financial income75€1,334-
Financial charges65/66B€1,669€345▼
Recurring financial charges65€1,669€345▼
Profit (loss) for the period before taxes9903€18,465€69,138▲
Income taxes67/77€11,517€18,856▲
Profit (loss) for the period9904€6,949€50,282▲
Profit (loss) for the period to be appropriated9905€6,949€50,282▲
Appropriation of the result
Profit (loss) to be appropriated9906€6,949€50,282▲
Transfer to equity691/2€6,949€50,282▲
To other reserves6921€6,949€50,282▲

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

Line201920212023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,595€12,595€9,933-
Other operating charges640/8-€119€53-
Gross operating margin9900€41,739€31,515€79,469-
Operating profit (loss)9901€28,360€18,801€69,483-
Financial income75/76B-€1,334--
Recurring financial income75€45€1,334--
Financial charges65/66B-€1,669€345-
Recurring financial charges65€802€1,669€345-
Profit (loss) for the period before taxes9903€27,603€18,465€69,138-
Income taxes67/77€6,011€11,517€18,856-
Profit (loss) for the period9904€21,592€6,949€50,282-
Profit (loss) for the period to be appropriated9905€21,592€6,949€50,282-
Line201920212023Change
Assets
Total assets20/58€90,732€96,042€266,702-
Fixed assets21/28€37,786€12,595€55,296-
Tangible fixed assets22/27€37,786€12,595€55,296-
Plant, machinery and equipment23--€2,380-
Furniture and vehicles24-€12,595€52,916-
Current assets29/58€52,946€83,446€211,406-
Amounts receivable within one year40/41€37,749€52,497€155,475-
Trade receivables40-€23,485€99,892-
Other amounts receivable41-€29,012€55,584-
Cash at bank and in hand54/58€13,863€30,854€55,836-
Deferred charges and accrued income490/1-€95€95-
Equity and liabilities
Total equity and liabilities10/49€90,732€96,042€266,702-
Equity10/15€58,152€87,246€164,882-
Contributions10/11€18,600€18,600€18,600-
Outside capital11-€18,600€18,600-
Other1109/19-€18,600€18,600-
Reserves13€39,552€68,646€146,282-
Non-distributable reserves130/1-€1,860€1,860-
Reserves not available under the articles1311-€1,860€1,860-
Distributable reserves133-€66,786€144,422-
Profit (loss) carried forward14-€7,267---
Amounts payable17/49€32,580€8,795€101,821-
Amounts payable after more than one year17€10,467-€56,338-
Financial debts170/4--€56,338-
Amounts payable within one year42/48€22,113€8,795€45,483-
Trade debts44€3,300€2,445€19,719-
Suppliers440/4-€2,445€19,719-
Taxes, remuneration and social security45-€6,350€25,763-
Taxes450/3-€6,350€25,763-
Line201920212023Change
Profit (loss) for the period9904€21,592€6,949€50,282-
+ Depreciation and write-downs630€12,595€12,595€9,933-
Operating cash flow (approximation)€34,187€19,544€60,215-

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

2024
29-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-06
Financial Highest result since 2019net €50,282 ▲624%
Operating result €69,483, net result €50,282, both a record.
30-06
Financial Equity above €150,000Eq €164,882 ▲89%
3 profitable years in a row build equity to €164,882.
2022
31-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 120 days late
2021
30-06
Financial Weakest financial yearnet €6,949 ▼67.8%
Net result drops to €6,949, the lowest in the series; recovery starts the following year.
30-06
Financial Liquidity quadruplescurrent ratio 9.49
Current ratio from 2.39 to 9.49; short-term debt falls from €22,113 to €8,795.
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 151 days late
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 156 days late
21-02
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 387 days late
2015
31-01
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
24-02
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 24 days late
2013
27-02
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 27 days late
2012
27-02
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 27 days late
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.

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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, Lochristi · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
476 m²
Building footprint
105 m²
Volume, LiDAR
567 m³
Parcel 44034C0186/00G002, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Entrodev
Boskapellaan 78, 9080 LochristiRepair, maintenance and installation of machinery and equipment
since 20102.185.801.364
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44034C0186/00G002 Flanders 476 m² 1 · 105 m² 8.5 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

2025 · 1 entry · 317 EUR awarded · 317 EUR paid
Year Entries awardedpaid
2025 1 317 EUR317 EUR
Schemes
1 entry · 317 EUR · 317 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 22,831 companies in sector 43211 we hold annual accounts for 10,335. 8,524 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
Founded18-01-2010
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
33200Installation of industrial machinery and equipment
43240Other construction installation
47521Retail sale of hardware, building materials, paint and glass (general range)
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID 0208:0822500711
Registered 20-11-2020

Register as of 27 September 2026 · Peppol Directory

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