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ETUDE, CONCEPTION, DIFFUSION

Active Private limited company (pre-2019)founded 2007active for 19 yearsCorniche de la Gloriette 14, 4053 ChaudfontaineKBO/BCE: BE 0887.283.051
ETUDE, CONCEPTION, DIFFUSION
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Overview

Lifetime

19 annual accounts with figures on one time axis
peak €35,718 (2009)
€1,152▼ 15.5%
lowest -€1,835 (2007)
€885▼ 32.9%
peak €34,708 (2020)
€27,428▲ 3.3%
€131,755▼ 0.8%
peak 3 FTE (2011)
-not published
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €1,364 to €1,152Result from €1,318 to €885Cash from €26 to €46

Key points

from the 2025 annual accounts

Equity

€27,428 ▲ 3.3%

ETUDE, CONCEPTION, DIFFUSION has made a profit without a break since 2019.

Debts

€131,755 83% of the balance sheet
Financial debts 22%Suppliers 70%Other 8%

Of this, €103,031 falls due within a year.

Filings

19 annual accounts 61 days
AprilJune31 JulyOctober2010201520202025

Latest accounts filed late: after the legal deadline.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,508 companies had the same profile as ETUDE, CONCEPTION, DIFFUSION has now. Each dot stands for 12 companies, two years later.

96.8%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,508 companies, not a prediction for ETUDE, CONCEPTION, DIFFUSION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0887283051
Incorporation published on 23-02-2007 · Gazette deed
All 26 events

Comparable companies

same main activity, similar in size and age
Company
ETUDE, CONCEPTION, DIFFUSION Chaudfontaine €159,183 €1,152 17.2% -
H.L.PISCINES & SPAS Tournai €153,290 -€39,269 47.6% -
Groep R & R - renovatie en reparaties Antwerp €143,410 -€15,595 46.5% -
ALFO RENOVATION Chapelle-lez-Herlaimont €185,722 -€39,753 74.9% -
KLIMA HOUSE Verviers €209,204 -€6,138 28.3% -
C.R.I.V. INVEST Braine-l'Alleud €181,520 -€26,249 25.4% -
SB RENO La Louvière €127,043 -€18,134 6.3% -

These companies have the same main activity as ETUDE, CONCEPTION, DIFFUSION: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €127,000 and €209,000, founded between 2004 and 2007.

Official details

Source: KBO
Status
Active since 15-02-2007Normal situation
Activity
Other building finishing workNACE 43350and 1 other
Financial year end
31 December
Peppol
Reachable since 09-04-2026
Company details

Annual accounts 2025

€1,152▼ 15.5%
≈ €12,000estimated
€885▼ 32.9%
€27,428▲ 3.3%
€159,183▼ 0.1%
Filing
Filed on 30-09-2026
Financials

Insights on ETUDE, CONCEPTION, DIFFUSION

ETUDE, CONCEPTION, DIFFUSION files the micro format. That format states no turnover. The gross margin rose from -€766 in 2007 to €1,152 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 30-09-2026, 61 days late
€1,152
▼ 15.5%
€931
▼ 31.7%
-
-
17.2%
▲ 0.6 percentage points
1.55
▲ 0.01

Money flows

no detail for 2025

Balance sheet

balance sheet total €159,183 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

17.2%

Higher than 19% of 35,156 companies in 2025.

1.55

Higher than 42% of 34,529 companies in 2025.

0.6%

Higher than 26% of 34,730 companies in 2025.

ETUDE, CONCEPTION, DIFFUSION Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 159,183159,384153,465146,229123,65598,04965,96861,81861,99858,49662,82615,36714,34414,56215,70419,25319,2539,4598,466
20 -----------000000--
21/28 ---6,8287,32813,656-5,40010,80016,20021,600000000--
22/27 ---6,8287,32813,656-5,40010,80016,20021,600--------
24 ---6,8287,32813,656-5,40010,80016,20021,600--------
29/58 159,183159,384153,465139,401116,32784,39365,96856,41851,19842,29641,22615,36714,34414,56215,70419,25319,2539,4598,466
29 -------------91-----
290 -------------91-----
3 -----30570-1485601,100--------
30/36 -----30570-1485601,100--------
40/41 159,138154,419148,391134,063113,05184,13565,10956,16551,03339,63938,93013,45314,34213,80614,07119,19919,1999,4538,464
40 158,145152,944147,450134,063113,05181,92965,10956,16550,16939,63938,22113,44914,22513,49613,76118,56918,5699,4538,050
41 9931,475941--2,206--864-7094118310311631631-414
54/58 46261355,3383,276229289253172,0971,1961,914132109545462
490/1 04,9394,939---------06331,523----
Balance sheet: equity and liabilities
10/49 159,183159,384153,465146,229123,65598,04965,96861,81861,99858,49662,82615,36714,34414,56215,70419,25319,2539,4598,466
10/15 27,42826,54325,22533,02328,31534,70820,19518,66418,74018,70318,30213,78112,31611,83211,9294,9284,9284,6834,365
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60014,20013,20013,20013,2006,2006,2006,2006,200
10 --18,60018,60018,600--------------
100 --18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 -----------4,4005,4005,4005,40012,40012,40012,40012,400
14 8,8287,9436,62514,4239,71516,1081,59564140103-298-419-884-1,368-1,271-1,272-1,272-1,517-1,835
17/49 131,755132,841128,240113,20695,34063,34245,77243,15543,25839,79344,5241,5862,0282,7293,77514,32514,3254,7764,101
17 28,72528,72528,72529,92530,16530,16513,16413,1649,6509,6509,650--------
170/4 28,72528,72528,72529,92530,16430,16413,16413,1649,6509,6509,650--------
178/9 ----11-------------
42/48 103,031104,11799,51583,28165,17533,17632,60829,99033,60830,14334,8741,5862,0282,7293,77514,32514,3254,7764,101
44 92,19892,28488,97083,19955,70529,20530,50525,85428,39924,22830,23658013701411,9241,924-2,969
440/4 92,19892,28488,97083,19955,70529,20530,50525,70028,39924,22830,236580137-1411,9241,924-2,969
441 -------154-----------
45 ---82---70---173666332,7839,4569,456--
450/3 ---82--070---1736601,259192192--
454/9 ------------06331,5239,2659,265--
47/48 10,83211,83210,545-9,4713,9722,1034,0665,2095,9154,6388331,8252,0978512,9452,9454,7761,132
Income statement
70 ---32,44032,73621,80020,20016,21631,70222,90029,1005,6405,20020,14039,00945,25445,25417,9007,000
9900 1,1521,3649,6685,3975,08615,2766,9376,6456,6518,2446,3818221,78519,14830,63635,71835,7182,977-766
60/61 ----29,4406,52413,26311,91625,46314,65622,7194,8183,4159928,3739,5369,53614,9237,766
62 ---------280-1441,18119,12529,10733,94633,946-121
630 --6,828500--5,4005,4005,4005,4005,400-------925
640/8 221--148-449449149149149179--75---936-
9901 9311,3642,8404,7495,08614,8271,0881,0961,1022,415802678604-521,5291,7721,7722,041-1,812
75/76B -------------2-----
75 -------------2-----
65/66B 46464642803156361,0689832,0146813955475571,5271,5271,72323
65 46464642803156361,0689832,0146813955475571,5271,5271,72323
9903 8851,3182,7944,7085,00614,51245228120401121639549-97972244244318-1,835
67/77 --1,176-940--10582--17366-532----
9904 8851,3181,6184,7084,06514,512452-7737401121466483-97440244244318-1,835
9905 8851,3181,6184,7084,06514,512452-7737401121466483-97440244244318-1,835
Appropriation of the result
9906 8,8287,9436,62514,4239,71516,1081,59564140103-298-419-884-1,368-1,271-1,272-1,272-1,517-1,835
14P 7,9436,6255,0079,7155,650--------------
Social balance sheet
9087 -----------3333----
Hours worked1013 -----------3838383838---
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 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 30-09-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00545370.

Financial year Type Filed Reference Document
31-12-2025 micro format 30-09-2026 2026-00545370 PDF
31-12-2024 micro format 30-09-2025 2025-00517297 PDF
31-12-2023 full format 31-08-2024 2024-00426062 PDF
31-12-2022 micro format 01-09-2023 2023-00434536 PDF
31-12-2021 micro format 31-08-2022 2022-20417296 PDF
31-12-2020 full format 31-08-2021 2021-63400008 PDF
31-12-2019 full format 07-12-2020 2020-74800318 PDF
31-12-2018 full format 31-08-2019 2019-62400540 PDF
31-12-2017 full format 30-08-2018 2018-56200477 PDF
31-12-2016 full format 28-12-2017 2017-73400530 PDF
31-12-2015 full format 31-10-2016 2016-67200357 PDF
31-12-2014 full format 31-08-2015 2015-56000351 PDF
31-12-2013 full format 29-08-2014 2014-54200562 PDF
31-12-2012 full format 30-08-2013 2013-52100305 PDF
31-12-2011 full format 31-08-2012 2012-53000196 PDF
31-12-2010 full format 30-08-2011 2011-49400362 PDF
31-12-2009 full format 31-08-2010 2010-52000490 PDF
31-12-2008 full format 31-08-2009 2009-73300157 PDF
31-12-2007 full format 28-08-2008 2008-71000184 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
--9,6685,249--6,4886,4966,5027,8156,202--------887
--8,4465,208--5,8525,3235,4375,8015,521--------910
--06,328-13,656000027,000-------925
19-109-5,2032,0623,048-6035236-2,080901-7181,913-31-77550484-
56,15355,26853,95056,12051,15251,21733,36026,42817,59012,1536,35213,78112,31611,83211,9294,9284,9284,6834,365
---14.6%15.5%68.0%5.4%6.8%3.5%10.5%2.8%12.0%11.6%-0.3%3.9%3.9%3.9%11.4%-25.9%
17.2%16.7%16.4%22.6%22.9%35.4%30.6%30.2%30.2%32.0%29.1%89.7%85.9%81.3%76.0%25.6%25.6%49.5%51.6%
1.551.531.541.671.782.542.021.881.521.401.189.697.075.344.161.341.341.982.06
1.551.531.541.671.782.542.011.881.521.381.159.697.075.344.161.341.341.982.06
4.805.005.083.433.371.832.272.312.312.132.430.120.160.230.322.912.911.020.94
3.2%5.0%6.4%14.3%14.4%41.8%2.2%-0.4%0.2%2.1%0.7%3.4%3.9%-0.8%3.7%5.0%5.0%6.8%-42.0%
0.6%0.8%1.1%3.2%3.3%14.8%0.7%-0.1%0.1%0.7%0.2%3.0%3.4%-0.7%2.8%1.3%1.3%3.4%-21.7%
--over 100over 100---------------
---1508 days1261 days1372 days1176 days1264 days578 days632 days479 days870 days998 days245 days129 days150 days150 days193 days420 days
----691 days1634 days839 days792 days407 days603 days486 days44 days15 days0 days6 days74 days74 days-140 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets--€99,515--

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

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets---€6,328-
--€6,828€500-

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

Insights on ETUDE, CONCEPTION, DIFFUSION

The operating result for 2025 is 32% lower than in 2024 and the lowest since 2015. It is the fifth fall in a row.

Debt's share of the balance-sheet total falls from 83.3% to 82.8%. Equity is higher and debt is lower.

Network & group

No group

ETUDE, CONCEPTION, DIFFUSION has no parent and no holdings in its annual accounts.

At the same address

Corniche de la Gloriette 14, 4053 Chaudfontaine · 3 other companies
E.C.D.
registered office since 04-03-1982 · founded in 1982
 total assets €575,255 (2025)
0422.589.507
FECH
registered office since 01-04-2003 · founded in 2003 · negative equity (2025)
 turnover €252,896 (2025)
0479.902.748
Englebert, Hugues (sole trader)
establishment since 10-01-1979
 founded in 1979
0598.352.814

Timeline

Timeline

26 events since 2007

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 61 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0887283051
2025
Annual accounts 2024 filed PDFmicro format · 61 days late
2024
Annual accounts 2023 filed PDFfull format · 31 days late
2023
Annual accounts 2022 filed PDFmicro format · 32 days late
2022
Annual accounts 2021 filed PDFmicro format · 31 days late
2021
Annual accounts 2020 filed PDFfull format · 31 days late
2020
Highest result from 2007 to 2025 net €14,512 ▲3,113% The operating result of €14,827 and the net result of €14,512 are both a record.
Annual accounts 2019 filed PDFfull format · 129 days late
2019
Back to profit net €452 The net result is €452, after one loss-making year.
Annual accounts 2018 filed PDFfull format · 31 days late
2018
Annual accounts 2017 filed PDFfull format · 30 days late
2017
Annual accounts 2016 filed PDFfull format · 150 days late
2016
Annual accounts 2015 filed PDFfull format · 92 days late
2015
Annual accounts 2014 filed PDFfull format · 31 days late
2014
Annual accounts 2013 filed PDFfull format · 29 days late
2013
Back to profit net €483 The net result is €483, after one loss-making year.
Annual accounts 2012 filed PDFfull format · 30 days late
2012
Annual accounts 2011 filed PDFfull format · 31 days late
2011
Liquidity more than triples current ratio 4.16 The current ratio rises from 1.34 to 4.16. Short-term debt falls from €14,325 to €3,775.
Annual accounts 2010 filed PDFfull format · 30 days late
2010
Annual accounts 2009 filed PDFfull format · 31 days late
2009
Annual accounts 2008 filed PDFfull format · 31 days late
2008
Back to profit net €318 The net result is €318, after one loss-making year.
Annual accounts 2007 filed PDFfull format · 28 days late
2007
Incorporation PDFpublished on 23-02-2007

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 15 February 2007, ETUDE, CONCEPTION, DIFFUSION was incorporated.1 Turnover went from €16,216 in 2018 to €32,440 in 2022.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2022

Company details

Identity

Enterprise number
0887.283.051
VAT number
BE 0887.283.051
Peppol ID
0208:0887283051
Other Peppol ID
9925:BE0887283051
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
15-02-2007
Financial year
ends on 31 December
Peppol
Reachable since 09-04-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
ETUDE, CONCEPTION, DIFFUSION in French
Abbreviation
E.C.D. in French
Entity type
Legal entity

Activities

NACEBEL 2025
43350 Other building finishing work main activity
62200 Computer consultancy and computer facilities management
Codes under NACEBEL 2008
43390 Specialised construction activities main activity
62020 IT consultancy
Codes under NACEBEL 2003
45450 main activity
72100

Registered office and establishments

Corniche de la Gloriette 14 registered office 4053 Chaudfontaine

Buildings and parcels at the address

Ground area
950 m²
Buildings
112 m²
Volume, LiDAR
629 m³
Tallest building
8.6 m
Buildings to scale, each on its own parcel
112 m², 8.6 m 112 m², 8.6 m

Location

exact location from the address register On OpenStreetMap
4 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
62104D0337/00M037950 m² 1 · 112 m² 8.6 m · 2

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0887.283.051

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