Efralog · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Efralog is 2.4% (moderate). The 2024 annual accounts show equity of €23k and a net result of €14k. Its solvency ranks better than 86% of 426 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

2 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 86% of 426 peers (2024). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 17 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

How we compute the deadline

The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	01-07-2025	30 d early	2025-00227887
31-12-2023	31-07-2024	24-06-2024	37 d early	2024-00154165

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Young company

Founded in 2023, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

2.4% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€14k+137.8%

Working capital€22k+157.4%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 01-07-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 52 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	75.1%	29.8%	better than 86% of 426 sector peers
Net result	€14k	€7k	better than 63% of 426 sector peers
Equity	€23k	€23k	better than 49% of 426 sector peers
Gross operating margin	€19k	€35k	better than 39% of 425 sector peers
Total assets	€31k	€99k	better than 20% of 426 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€19k

- 23-24

Net profit

€14k

+137.8% 23-24

Cash flow

€14k

- 23-24

Total assets

€31k

+78.0% 23-24

Equity

€23k

+157.8% 23-24

Working capital

€22k

+157.4% 23-24

Income taxes

€4k

+143.8% 23-24

Debt

€8k

-7.9% 23-24

Show 8 other metrics

Debt ≤ 1y

€8k

-7.9% 23-24

Current ratio

3.84

+90.4% 23-24

Quick ratio

3.84

+90.4% 23-24

Solvency

75.1%

+44.8% 23-24

Debt / equity

0.33

-64.3% 23-24

ROE

61.2%

-7.7% 23-24

ROA

45.9%

+33.6% 23-24

Interest coverage

18.21

- 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€19k
Net profit	€14k
Cash flow	€14k
Staff costs	-
Income taxes	€4k
Dividends	-
Total assets	€31k
Equity	€23k
Debt	€8k
of which ≤ 1y	€8k
of which > 1y	-
Working capital	€22k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	3.84
Quick ratio	3.84
Working capital ratio	70.8%
Solvency	75.1%
Debt / equity	0.33
Long-term debt ratio	-
Interest coverage	18.21
Gross margin	-
Net margin	-
ROA	45.9%
ROE	61.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €1k · 4.3% Current assets €29k · 95.7%

Equity & liabilities

Equity €23k · 75.1% Debt €8k · 25.0%

Full annual accounts (21 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€31k
Fixed assets	21/28	€1k
Tangible fixed assets	22/27	€817
Financial fixed assets	28	€500
Current assets	29/58	€29k
Amounts receivable within one year	40/41	€9k
Cash & bank	54/58	€20k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€31k
Equity	10/15	€23k
Contributions / capital	10/11	€3k
Reserves	13	€20k
Amounts payable	17/49	€8k
Amounts payable within one year	42/48	€8k
Trade debts payable within one year	44	€491
Income statement
Gross operating margin	9900	€19k
Operating result	9901	€19k
Financial charges	65	€1k
Result before taxes	9903	€18k
Income taxes	67/77	€4k
Net result for the period	9904	€14k
Result to be appropriated	9905	€14k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Diamantstraat (HRT) 82200 Herentals

Establishment units

1 location

Efralog

Diamantstraat (HRT) 8, 2200 HerentalsHandelsbemiddeling in de niet-gespecialiseerde groothandel

since 20232.350.345.632

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area1.2 ha

Buildings1

Building footprint3,044 m²

Volume (LiDAR)52,510 m³

Tallest building24.1 m · ±6 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13027A0065/00F002	Flanders	1.2 ha	1 · 3,044 m²	24.1 m · 6 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.