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EVRD

Active
Private limited companyfounded 2011active for 14 yearsHameau de Stoqueu 51, 4920 Aywaille, BelgiumKBO/BCE: BE 0842.070.955
Summary

EVRD has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,942 and a net result of €2,166. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 67% of 34,789 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (30 days) Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00471068.

Turnover
≈ €83,000
Estimated: probably between €54,000 and €170,000
Total assets
€54,357▲ 13.8%
2024 · €47,755
Net result
€2,166
2024 · -€8,124
Working capital
€37,563▲ 11.0%
2024 · €33,849
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €4,635 after a loss of €6,365 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€4,635 2025 Net result€2,166 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€5,049-€16,148-€29,733€12,516€13,190▲ 5.4%€28,846▲ 119%-€6,365€4,635
Net result-€6,920-€12,233-€30,488below the sector's middle half€11,767within the sector's middle half€10,772within the sector's middle half▼ 8.5%€20,544within the sector's middle half▲ 90.7%-€8,124below the sector's middle half€2,166within the sector's middle half
Equity€15,071-€27,304▲ 81.2%-€3,184below the sector's middle half€8,583below the sector's middle half€19,355below the sector's middle half▲ 126%€39,900within the sector's middle half▲ 106%€31,776within the sector's middle half▼ 20.4%€33,942within the sector's middle half▲ 6.8%
Total assets€76,462-€60,343▼ 21.1%€47,115below the sector's middle half▼ 21.9%€58,365below the sector's middle half▲ 23.9%€56,782below the sector's middle half▼ 2.7%€76,037within the sector's middle half▲ 33.9%€47,755below the sector's middle half▼ 37.2%€54,357below the sector's middle half▲ 13.8%
Debt€61,391-€33,039▼ 46.2%€50,299▲ 52.2%€49,782▼ 1.0%€37,427▼ 24.8%€36,138▼ 3.4%€15,980▼ 55.8%€20,416▲ 27.8%
Working capital-€2,202-€22,689€14,662within the sector's middle half▼ 35.4%€20,313within the sector's middle half▲ 38.5%€32,481within the sector's middle half▲ 59.9%€42,294within the sector's middle half▲ 30.2%€33,849within the sector's middle half▼ 20.0%€37,563within the sector's middle half▲ 11.0%
Solvency19.7%-45.2%▲ 25.5pp-6.8%below the sector's middle half▼ 52.0pp14.7%below the sector's middle half▲ 21.5pp34.1%within the sector's middle half▲ 19.4pp52.5%within the sector's middle half▲ 18.4pp66.5%within the sector's middle half▲ 14.1pp62.4%within the sector's middle half▼ 4.1pp
Current ratio0.96-1.69▲ 0.721.48within the sector's middle half▼ 0.201.68within the sector's middle half▲ 0.202.86within the sector's middle half▲ 1.183.62above the sector's middle half▲ 0.768.31above the sector's middle half▲ 4.684.64above the sector's middle half▼ 3.66
Return on assets (ROA)-9.1%-20.3%▲ 29.3pp-64.7%below the sector's middle half▼ 85.0pp20.2%above the sector's middle half▲ 84.9pp19.0%above the sector's middle half▼ 1.2pp27.0%above the sector's middle half▲ 8.0pp-17.0%below the sector's middle half▼ 44.0pp4.0%within the sector's middle half▲ 21.0pp
Staff (FTE)3.3-3.6▲ 9.1%1.11▼ 9.1%0.5▼ 50.0%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54,357
Fixed assets €6,477 ▼ 26.3%
Current assets €47,880 ▲ 24.4%
Equity and liabilities €54,357
Equity €33,942 ▲ 6.8%
Debt €20,416 ▲ 27.8%
Debt's share of the balance-sheet total rises from 33.5% to 37.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€8,630▲
2024 · -€2,581
Cash flow
€6,161▲
2024 · -€4,341
Quick ratio
3.65▼
2024 · 6.45
Debt to equity
0.60▲
2024 · 0.50
ROE
6.4%▲
2024 · -25.6%
Interest coverage
5.84▲
2024 · -1.62
Debt ≤ 1 year
€10,317▲
2024 · €4,634
Debt > 1 year
€10,099▼
2024 · €11,346
Income taxes
€1,423▲
2024 · €332
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,904 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.2% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.7% went bankrupt
4.0% stopped otherwise
95.2% still going

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 10,904 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 · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€47,755€54,357▲
Formation expenses20€487-
Fixed assets21/28€8,786€6,477▼
Intangible fixed assets21-€838
Tangible fixed assets22/27€8,493€5,346▼
Plant, machinery and equipment23€1,008€651▼
Furniture and vehicles24€7,485€4,694▼
Financial fixed assets28€293€293=
Current assets29/58€38,482€47,880▲
Stocks and contracts in progress3€8,591€10,244▲
Stocks30/36€8,591€10,244▲
Amounts receivable within one year40/41€16,928€28,521▲
Trade receivables40€8,455€16,101▲
Other amounts receivable41€8,473€12,420▲
Cash at bank and in hand54/58€4,114€3,314▼
Deferred charges and accrued income490/1€8,850€5,801▼
Equity and liabilities
Total equity and liabilities10/49€47,755€54,357▲
Equity10/15€31,776€33,942▲
Contributions10/11€14,260€14,260=
Reserves13€14,000€14,000=
Distributable reserves133€14,000€14,000=
Profit (loss) carried forward14€3,516€5,682▲
Amounts payable17/49€15,980€20,416▲
Amounts payable after more than one year17€11,346€10,099▼
Financial debts170/4€1,346€99▼
Other amounts payable178/9€10,000€10,000=
Amounts payable within one year42/48€4,634€10,317▲
Current portion of amounts payable after more than one year42€1,018€1,157▲
Financial debts43€288€1,122▲
Other loans439€288€1,122▲
Trade debts44€3,068€7,638▲
Suppliers440/4€3,068€7,638▲
Taxes, remuneration and social security45€259€400▲
Taxes450/3€259€400▲
Income statement Code20242025
Remuneration, social security and pensions62€818-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,783€3,996▲
Other operating charges640/8€1,088€1,279▲
Gross operating margin9900-€675€9,909▲
Operating profit (loss)9901-€6,365€4,635▲
Financial income75/76B€291€433▲
Recurring financial income75€291€433▲
Financial charges65/66B€1,718€1,479▼
Recurring financial charges65€1,589€1,479▼
Non-recurring financial charges66B€128-
Profit (loss) for the period before taxes9903-€7,792€3,589▲
Income taxes67/77€332€1,423▲
Profit (loss) for the period9904-€8,124€2,166▲
Profit (loss) for the period to be appropriated9905-€8,124€2,166▲
Appropriation of the result
Profit (loss) to be appropriated9906€3,516€5,682▲
Profit (loss) brought forward from the previous period14P€11,640€3,516▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€12,056€18,428€10,981€818--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,146€2,749€2,586€2,201€2,499€2,497€3,783€3,996▲ 5.6%
Other operating charges640/8---€1,535€1,180€1,395€1,088€1,279▲ 17.5%
Gross operating margin9900€84,888€105,958€1,093€28,308€35,297€43,719-€675€9,909-
Operating profit (loss)9901-€5,049€16,148-€29,733€12,516€13,190€28,846-€6,365€4,635-
Financial income75/76B---€82€6€185€291€433▲ 48.9%
Recurring financial income75€1€61€49€82€6€185€291€433▲ 48.9%
Financial charges65/66B---€571€492€1,021€1,718€1,479▼ 13.9%
Recurring financial charges65€1,476€3,011€543€571€492€1,021€1,589€1,479▼ 7.0%
Non-recurring financial charges66B------€128--
Profit (loss) for the period before taxes9903-€6,524€13,198-€30,227€12,027€12,704€28,010-€7,792€3,589-
Income taxes67/77€396€965€261€260€1,932€7,466€332€1,423▲ 328%
Profit (loss) for the period9904-€6,920€12,233-€30,488€11,767€10,772€20,544-€8,124€2,166-
Profit (loss) for the period to be appropriated9905-€6,920€12,233-€30,488€11,767€10,772€20,544-€8,124€2,166-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€76,462€60,343€47,115€58,365€56,782€76,037€47,755€54,357▲ 13.8%
Formation expenses20-----€1,045€487--
Fixed assets21/28€18,577€4,615€2,154€8,270€6,874€16,560€8,786€6,477▼ 26.3%
Intangible fixed assets21---€0---€838-
Tangible fixed assets22/27€18,284€4,322€1,861€7,977€6,581€16,267€8,493€5,346▼ 37.1%
Plant, machinery and equipment23---€526€1,354€1,492€1,008€651▼ 35.4%
Furniture and vehicles24---€7,451€5,227€14,775€7,485€4,694▼ 37.3%
Financial fixed assets28€293€293€293€293€293€293€293€293=
Current assets29/58€57,885€55,728€44,961€50,095€49,908€58,432€38,482€47,880▲ 24.4%
Stocks and contracts in progress3€19,087€20,989€18,215€20,998€25,761€10,553€8,591€10,244▲ 19.2%
Stocks30/36---€20,998€25,761€10,553€8,591€10,244▲ 19.2%
Amounts receivable within one year40/41€38,798€28,180€15,086€24,717€19,440€27,287€16,928€28,521▲ 68.5%
Trade receivables40---€20,902€15,908€7,916€8,455€16,101▲ 90.4%
Other amounts receivable41---€3,815€3,532€19,371€8,473€12,420▲ 46.6%
Cash at bank and in hand54/58-€5,583€8,819--€9,828€4,114€3,314▼ 19.4%
Deferred charges and accrued income490/1---€4,380€4,707€10,763€8,850€5,801▼ 34.5%
Equity and liabilities
Total equity and liabilities10/49€76,462€60,343€47,115€58,365€56,782€76,037€47,755€54,357▲ 13.8%
Equity10/15€15,071€27,304-€3,184€8,583€19,355€39,900€31,776€33,942▲ 6.8%
Contributions10/11€12,400€12,400-€14,260€14,260€14,260€14,260€14,260=
Reserves13€1,860€1,860---€14,000€14,000€14,000=
Distributable reserves133-----€14,000€14,000€14,000=
Profit (loss) carried forward14€811€13,044-€17,444-€5,677€5,095€11,640€3,516€5,682▲ 61.6%
Amounts payable17/49€61,391€33,039€50,299€49,782€37,427€36,138€15,980€20,416▲ 27.8%
Amounts payable after more than one year17€1,304-€20,000€20,000€20,000€20,000€11,346€10,099▼ 11.0%
Financial debts170/4------€1,346€99▼ 92.7%
Trade debts175-----€0---
Other amounts payable178/9---€20,000€20,000€20,000€10,000€10,000=
Amounts payable within one year42/48€60,087€33,039€30,299€29,782€17,427€16,138€4,634€10,317▲ 123%
Current portion of amounts payable after more than one year42------€1,018€1,157▲ 13.7%
Financial debts43---€2,748€594€739€288€1,122▲ 289%
Credit institutions430/8---€2,748€594----
Other loans439-----€739€288€1,122▲ 289%
Trade debts44€21,262€10,250€27,103€20,909€13,487€6,923€3,068€7,638▲ 149%
Suppliers440/4---€20,909€13,487€6,923€3,068€7,638▲ 149%
Taxes, remuneration and social security45---€5,193€3,346€8,475€259€400▲ 54.3%
Taxes450/3---€345€1,995€7,466€259€400▲ 54.3%
Remuneration and social security454/9---€4,848€1,351€1,009---
Other amounts payable47/48---€932-----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€6,920€12,233-€30,488€11,767€10,772€20,544-€8,124€2,166-
+ Depreciation and write-downs630€9,146€2,749€2,586€2,201€2,499€2,497€3,783€3,996▲ 5.6%
Operating cash flow (approximation)€2,226€14,982-€27,902€13,968€13,271€23,041-€4,341€6,161-
Investment in fixed assets (approximation)-€11,213-€125-€8,317-€1,103-€12,183€3,991-€1,687-
Change in cash--€3,236----€5,715-€800▲ 86.0%

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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Latest 10 of 14 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 30-08-2026 2026-00471068
31-12-2024 micro format 29-08-2025 2025-00468782
31-12-2023 micro format 30-08-2024 2024-00408513
31-12-2022 micro format 26-07-2023 2023-00299929
31-12-2021 micro format 27-07-2022 2022-20263822
31-12-2020 micro format 22-07-2021 2021-39400386
31-12-2019 micro format 23-07-2020 2020-32900196
31-12-2018 micro format 22-07-2019 2019-36200080
31-12-2017 micro format 26-07-2018 2018-39500374
31-12-2016 micro format 29-08-2017 2017-53300043

Show all 14 filings

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