EGD TECHNOLOGIE
ActiveThe computed 12-month bankruptcy probability of EGD TECHNOLOGIE is 2.3% (moderate). The 2024 annual accounts show negative equity (€-28k) and a net result of €-19k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 36376 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
19
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-78
Solvency0▼-5
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.64 against 0.75 in 2023; short-term debt: 86.7% and cash: 0% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-35.8%
Return on assets
-23.9%
Age of the figures
21 mo
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-28k
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 17-06-2025, 44 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
34 d early
2022
41 d early
2021
31 d early
2020
32 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-28k▼ 200%
2023 · €-9k
2018: €803
2019: €-26k
2020: €-23k
2021: €-9k
2022: €-13k
2023: €-9k
2018 → 2024
Total assets
€78k▲ 70.0%
2023 · €46k
2018: €35k
2019: €30k
2020: €19k
2021: €31k
2022: €44k
2023: €46k
2018 → 2024
Net result
€-19k
2023 · €3k
2018: €-18k
2019: €-26k
2020: €3k
2021: €14k
2022: €-4k
2023: €3k
2018 → 2024
Working capital
€-25k▼ 130%
2023 · €-11k
2018: €-4k
2019: €-29k
2020: €-26k
2021: €-13k
2022: €-17k
2023: €-11k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-23k-€-9k▲ 62.6%€-13k▼ 48.1%€-9k▲ 26.0%€-28k▼ 200%
Operating result€3k-€15k▲ 338%€-3k€5k€-16k
Net result€3k-€14k▲ 402%€-4k€3k€-19k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €16k after €5k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €78k
Fixed assets
€35k▲ 139%
Current assets
€43k▲ 38.0%
Key figures and ratios
EBITDA
€-15k▼
2023 · €13k
Cash flow
€-18k▼
2023 · €11k
Solvency
-35.8%▼
2023 · -20.3%
Current ratio
0.64▼
2023 · 0.75
Quick ratio
0.57▼
2023 · 0.69
Debt / equity
-3.79▲
2023 · -5.94
ROA
-23.9%▼
2023 · 7.1%
Interest coverage
-5.95▼
2023 · 6.56
Debt
€106k▲
2023 · €55k
Debt ≤ 1 year
€68k▲
2023 · €42k
Debt > 1 year
€38k▲
2023 · €13k
Income taxes
€163▲
2023 · €157
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€46k€78k▲
Fixed assets21/28€15k€35k▲
Tangible fixed assets22/27€14k€35k▲
Plant, machinery and equipment23€227€67▼
Furniture and vehicles24€14k€35k▲
Financial fixed assets28€127€127=
Current assets29/58€31k€43k▲
Stocks and contracts in progress3€3k€4k▲
Stocks30/36€3k€4k▲
Amounts receivable within one year40/41€29k€17k▼
Trade receivables40€27k€17k▼
Other amounts receivable41€2k-
Cash at bank and in hand54/58-€0
Deferred charges and accrued income490/1€64€21k▲
Equity and liabilities
Total equity and liabilities10/49€46k€78k▲
Equity10/15€-9k€-28k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-28k€-47k▼
Amounts payable17/49€55k€106k▲
Amounts payable after more than one year17€13k€38k▲
Financial debts170/4€13k€38k▲
Amounts payable within one year42/48€42k€68k▲
Current portion of amounts payable after more than one year42€4k€10k▲
Financial debts43€2k€7k▲
Credit institutions430/8€2k€7k▲
Trade debts44€9k€12k▲
Suppliers440/4€9k€12k▲
Taxes, remuneration and social security45€14k€22k▲
Taxes450/3€14k€22k▲
Other amounts payable47/48€13k€17k▲
Accrued charges and deferred income492/3€136-
Income statement
Code20232024
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€1k▼
Other operating charges640/8€3k€739▼
Non-recurring operating charges66A€1k-
Gross operating margin9900€18k€-14k▼
Operating profit (loss)9901€5k€-16k▼
Financial income75/76B€76€57▼
Recurring financial income75€76€57▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€3k€-19k▼
Income taxes67/77€157€163▲
Profit (loss) for the period9904€3k€-19k▼
Profit (loss) for the period to be appropriated9905€3k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-47k▼
Profit (loss) brought forward from the previous period14P€-31k€-28k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €14k ▲402%
Operating result €15k, net result €14k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Estinnes · 1 establishment unit since 2017
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.
Rue Enfer(EVL) 417120 EstinnesGround area
856 m²
Building footprint
150 m²
Volume, LiDAR
955 m³
Parcel 55011A0483/00M000, Wallonia · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EGD TECHNOLOGIE
since 20172.268.649.064
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55011A0483/00M000 | Wallonia | 856 m² | 1 · 150 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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Of 1,123 companies in sector 43212 we hold annual accounts for 420. 32 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-10-2017
Fiscal year end31-12
Activities, NACEBEL
43212Electrical installation work in industrial facilities
33200Installation of industrial machinery and equipment
42220Construction of utility projects for electricity and telecommunications
43120Site preparation
43910Bricklaying and masonry work
43990Other specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@egd-technologie.be
Phone:0472104850