EASYDESIGN
ActiveSummary
The computed 12-month bankruptcy probability of EASYDESIGN is 1.7% (moderate). The 2024 annual accounts show negative equity (€-32k) and a net result of €7k. Equity is shrinking by ~59.2% per year across the filed fiscal years. Its solvency ranks better than 10% of 6537 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability38▲+27
Solvency14▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.84 against 0.86 in 2023; short-term debt: 102.6% and cash: 16.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% 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 2024Solvency, return and age of the figures
Solvency
-10.9%
Return on assets
2.4%
Age of the figures
21 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 6537 sector peers (2024).
NBB · sector comparisonPosition among 6537 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
25 d late
2022
3 d early
2021
3 d late
2020
27 d late
2019
129 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7k
2023 · €-47k
2018: €27k
2019: €76k▲ +179% vs 2018highest in 7 years
2020: €8k▼ -89.2% vs 2019
2021: €-93k▼ -1240% vs 2020lowest in 7 years
2022: €-64k▲ +31.0% vs 2021
2023: €-47k▲ +26.6% vs 2022
2024: €7k▲ +115% vs 2023
2018 → 2024
Working capital
€-49k▲ 45.3%
2023 · €-90k
2018: €55k
2019: €136k▲ +149% vs 2018highest in 7 years
2020: €113k▼ -17.2% vs 2019
2021: €-33k▼ -129% vs 2020
2022: €-63k▼ -91.1% vs 2021
2023: €-90k▼ -42.8% vs 2022lowest in 7 years
2024: €-49k▲ +45.3% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€153k-€60k▼ 60.9%€8k▼ 87.2%€-40k€-32k▲ 18.0%
2020: €153khighest in 5 years
2021: €60k▼ -60.9% vs 2020
2022: €8k▼ -87.2% vs 2021
2023: €-40k▼ -617% vs 2022lowest in 5 years
2024: €-32k▲ +18.0% vs 2023
Operating result€14k-€-67k€-28k▲ 57.9%€-31k▼ 9.5%€55k
2020: €14k
2021: €-67k▼ -576% vs 2020lowest in 5 years
2022: €-28k▲ +57.9% vs 2021
2023: €-31k▼ -9.5% vs 2022
2024: €55k▲ +279% vs 2023highest in 5 years
Net result€8k-€-93k€-64k▲ 31.0%€-47k▲ 26.6%€7k
2020: €8khighest in 5 years
2021: €-93k▼ -1240% vs 2020lowest in 5 years
2022: €-64k▲ +31.0% vs 2021
2023: €-47k▲ +26.6% vs 2022
2024: €7k▲ +115% vs 2023
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €55k after a loss of €31k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €296k
Fixed assets
€42k ▼ 42.0%
Current assets
€255k ▼ 55.8%
Key figures and ratios
EBITDA
€92k▲
2023 · €3k
Cash flow
€44k▲
2023 · €-13k
Solvency
-10.9%▼
2023 · -6.1%
Current ratio
0.84▼
2023 · 0.86
Quick ratio
0.50▲
2023 · 0.34
Debt to equity
-10.13▲
2023 · -17.40
ROA
2.4%▲
2023 · -7.3%
Interest coverage
1.92▲
2023 · 0.18
Debt
€329k▼
2023 · €688k
Debt ≤ 1 year
€304k▼
2023 · €666k
Debt > 1 year
€7k▼
2023 · €21k
Income taxes
€610▲
2023 · €388
Staff costs
€195k▲
2023 · €140k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 58 lines
Balance sheet
Code20232024
Assets
Total assets20/58€648k€296k▼
Fixed assets21/28€72k€42k▼
Intangible fixed assets21€3k-
Tangible fixed assets22/27€68k€41k▼
Plant, machinery and equipment23€4k€4k▲
Furniture and vehicles24€55k€28k▼
Other tangible fixed assets26€10k€9k▼
Financial fixed assets28€858€858=
Current assets29/58€576k€255k▼
Stocks and contracts in progress3€350k€102k▼
Stocks30/36€178k€102k▼
Contracts in progress37€172k-
Amounts receivable within one year40/41€212k€103k▼
Trade receivables40€115k-
Other amounts receivable41€96k€103k▲
Cash at bank and in hand54/58€14k€49k▲
Deferred charges and accrued income490/1€455€900▲
Equity and liabilities
Total equity and liabilities10/49€648k€296k▼
Equity10/15€-40k€-32k▲
Contributions10/11€19k€20k▲
Capital10€19k-
Issued capital100€19k-
Outside capital11-€20k
Other1109/19-€20k
Reserves13€2k-
Non-distributable reserves130/1€2k-
Legal reserve130€2k-
Profit (loss) carried forward14€-60k€-53k▲
Amounts payable17/49€688k€329k▼
Amounts payable after more than one year17€21k€7k▼
Financial debts170/4€21k€7k▼
Amounts payable within one year42/48€666k€304k▼
Current portion of amounts payable after more than one year42€14k€14k▲
Trade debts44€531k€200k▼
Suppliers440/4€531k€200k▼
Advances received on contracts in progress46€27k-
Taxes, remuneration and social security45€77k€75k▼
Taxes450/3€14k€38k▲
Remuneration and social security454/9€63k€37k▼
Other amounts payable47/48€18k€15k▼
Accrued charges and deferred income492/3-€18k
Income statement
Code20232024
Remuneration, social security and pensions62€140k€195k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€37k▲
Other operating charges640/8€6k€8k▲
Gross operating margin9900€149k€295k▲
Operating profit (loss)9901€-31k€55k▲
Financial income75/76B€500€315▼
Recurring financial income75€500€315▼
Non-recurring financial income76B€500-
Financial charges65/66B€16k€48k▲
Recurring financial charges65€16k€48k▲
Profit (loss) for the period before taxes9903€-47k€8k▲
Income taxes67/77€388€610▲
Profit (loss) for the period9904€-47k€7k▲
Profit (loss) for the period to be appropriated9905€-47k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-60k€-53k▲
Profit (loss) brought forward from the previous period14P€-13k€-60k▼
Social balance
Average headcount (FTE)90875.16.4▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €531 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €164k | €162k | €140k | €195k | ▲ 38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €36k | €36k | €34k | €37k | ▲ 8.3% |
| Other operating charges640/8 | - | €16k | €4k | €6k | €8k | ▲ 39.3% |
| Non-recurring operating charges66A | - | €4k | - | - | - | - |
| Gross operating margin9900 | €145k | €153k | €174k | €149k | €295k | ▲ 97.7% |
| Operating profit (loss)9901 | €14k | €-67k | €-28k | €-31k | €55k | ▲ 279% |
| Financial income75/76B | - | €3k | €218 | €500 | €315 | ▼ 37.0% |
| Recurring financial income75 | €8k | €3k | €218 | €500 | €315 | ▼ 37.0% |
| Non-recurring financial income76B | - | - | - | €500 | - | - |
| Financial charges65/66B | - | €12k | €11k | €16k | €48k | ▲ 193% |
| Recurring financial charges65 | €25k | €12k | €11k | €16k | €48k | ▲ 193% |
| Profit (loss) for the period before taxes9903 | €-3k | €-76k | €-39k | €-47k | €8k | ▲ 117% |
| Income taxes67/77 | €-11k | €17k | €25k | €388 | €610 | ▲ 57.1% |
| Profit (loss) for the period9904 | €8k | €-93k | €-64k | €-47k | €7k | ▲ 115% |
| Profit (loss) for the period to be appropriated9905 | €8k | €-93k | €-64k | €-47k | €7k | ▲ 115% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €918k | €794k | €744k | €648k | €296k | ▼ 54.3% |
| Fixed assets21/28 | €86k | €141k | €106k | €72k | €42k | ▼ 42.0% |
| Intangible fixed assets21 | €10k | €8k | €5k | €3k | - | - |
| Tangible fixed assets22/27 | €75k | €133k | €100k | €68k | €41k | ▼ 40.5% |
| Plant, machinery and equipment23 | - | €11k | €7k | €4k | €4k | ▲ 13.4% |
| Furniture and vehicles24 | - | €110k | €83k | €55k | €28k | ▼ 50.0% |
| Other tangible fixed assets26 | - | €12k | €10k | €10k | €9k | ▼ 6.1% |
| Financial fixed assets28 | €858 | €858 | €858 | €858 | €858 | = |
| Current assets29/58 | €832k | €653k | €639k | €576k | €255k | ▼ 55.8% |
| Stocks and contracts in progress3 | €363k | €444k | €370k | €350k | €102k | ▼ 71.0% |
| Stocks30/36 | - | €298k | €328k | €178k | €102k | ▼ 43.1% |
| Contracts in progress37 | - | €146k | €42k | €172k | - | - |
| Amounts receivable within one year40/41 | €130k | €168k | €244k | €212k | €103k | ▼ 51.4% |
| Trade receivables40 | - | €35k | €104k | €115k | - | - |
| Other amounts receivable41 | - | €133k | €140k | €96k | €103k | ▲ 6.5% |
| Cash at bank and in hand54/58 | €211k | €41k | €24k | €14k | €49k | ▲ 251% |
| Deferred charges and accrued income490/1 | - | - | €727 | €455 | €900 | ▲ 97.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €918k | €794k | €744k | €648k | €296k | ▼ 54.3% |
| Equity10/15 | €153k | €60k | €8k | €-40k | €-32k | ▲ 18.0% |
| Contributions10/11 | €7k | €7k | €19k | €19k | €20k | ▲ 10.0% |
| Capital10 | - | €7k | €19k | €19k | - | - |
| Issued capital100 | - | €19k | €19k | €19k | - | - |
| Uncalled capital101 | - | €12k | - | - | - | - |
| Outside capital11 | - | - | - | - | €20k | - |
| Other1109/19 | - | - | - | - | €20k | - |
| Reserves13 | €2k | €2k | €2k | €2k | - | - |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | - | - |
| Legal reserve130 | - | €2k | €2k | €2k | - | - |
| Profit (loss) carried forward14 | €144k | €51k | €-13k | €-60k | €-53k | ▲ 11.9% |
| Amounts payable17/49 | €765k | €735k | €737k | €688k | €329k | ▼ 52.2% |
| Amounts payable after more than one year17 | €19k | €48k | €35k | €21k | €7k | ▼ 66.0% |
| Financial debts170/4 | - | €48k | €35k | €21k | €7k | ▼ 66.0% |
| Amounts payable within one year42/48 | €719k | €686k | €702k | €666k | €304k | ▼ 54.4% |
| Current portion of amounts payable after more than one year42 | - | €13k | €13k | €14k | €14k | ▲ 2.0% |
| Trade debts44 | €433k | €340k | €462k | €531k | €200k | ▼ 62.3% |
| Suppliers440/4 | - | €340k | €462k | €531k | €200k | ▼ 62.3% |
| Advances received on contracts in progress46 | - | - | - | €27k | - | - |
| Taxes, remuneration and social security45 | - | €198k | €122k | €77k | €75k | ▼ 2.8% |
| Taxes450/3 | - | €166k | €53k | €14k | €38k | ▲ 177% |
| Remuneration and social security454/9 | - | €32k | €69k | €63k | €37k | ▼ 41.6% |
| Other amounts payable47/48 | - | €135k | €105k | €18k | €15k | ▼ 16.9% |
| Accrued charges and deferred income492/3 | - | €75 | - | - | €18k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8k | €-93k | €-64k | €-47k | €7k | ▲ 115% |
| + Depreciation and write-downs630 | €16k | €36k | €36k | €34k | €37k | ▲ 8.3% |
| Operating cash flow (approximation) | €24k | €-57k | €-28k | €-13k | €44k | ▲ 432% |
| Investment in fixed assets (approximation) | - | €-91k | €-619 | €0 | €-7k | - |
| Change in cash | - | €-170k | €-17k | €-10k | €35k | ▲ 469% |
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
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after 3 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 25 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 3 days late
2021
31-12
Financial
Weakest financial yearnet €-93k
Net result drops to €-93k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial
Equity above €150kEq €153k ▲5.6%
3 profitable years in a row build equity to €153k.
07-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 129 days late
2019
31-12
Financial
Highest result since 2018net €76k ▲179%
Operating result €106k, net result €76k, both a record.
31-12
Financial
Equity above €100kEq €145k ▲110%
2 profitable years in a row build equity to €145k.
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 71 days late
Show earlier events
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Sint-Jans-Molenbeek · 1 establishment unit since 2015
Ground area
1,085 m²
Building footprint
1,135 m²
Volume, LiDAR
5,908 m³
Parcel 21523B0900/00L011, Brussels · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AXION
since 20152.246.056.081
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0900/00L011 | Brussels | 1,085 m² | 1 · 1,135 m² | 9.3 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.
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AOS VINTAGE
BE 0783.706.550
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BE 0770.731.415
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BRIMOTEX
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Of 276 companies in sector 47519 we hold annual accounts for 130. 82 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
Founded23-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
47519Retail trade
47551Retail sale of household furniture
Contact
E-mail
molenbeek@axess.netSint-Jans-Molenbeek
Phone
02/520.80.97Sint-Jans-Molenbeek
Fax
02/520.80.98Sint-Jans-Molenbeek
Scores and ratios are computed by Checked and are not a credit decision.