Den Edel
ActiveThe computed 12-month bankruptcy probability of Den Edel is 1.7% (moderate). The 2025 annual accounts show equity of €105k and a net result of €-14k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 13090 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▼-74
Solvency86▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.36 against 2.57 in 2024; short-term debt: 38.1% and cash: 48.6% of total assets), and 38.9% of the assets are financed with debt.
Credit advice 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 · 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 2025Solvency, return and age of the figures
Solvency
61.1%
Return on assets
-8.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
4 d late
2024
on the day
2023
8 d late
2022
3 d early
2021
4 d early
2020
4 d late
2019
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€105k▼ 12.1%
2024 · €120k
2018: €63k
2019: €58k
2020: €56k
2021: €97k
2022: €102k
2023: €102k
2024: €120k
2018 → 2025
Total assets
€172k▼ 8.3%
2024 · €188k
2018: €201k
2019: €181k
2020: €114k
2021: €151k
2022: €172k
2023: €188k
2024: €188k
2018 → 2025
Net result
€-14k
2024 · €20k
2018: €7k
2019: €-5k
2020: €-2k
2021: €40k
2022: €5k
2023: €692
2024: €20k
2018 → 2025
Working capital
€89k▼ 16.8%
2024 · €107k
2018: €83k
2019: €68k
2020: €61k
2021: €97k
2022: €99k
2023: €98k
2024: €107k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€97k-€102k▲ 5.2%€102k▲ 0.7%€120k▲ 17.2%€105k▼ 12.1%
Operating result€44k-€8k▼ 80.8%€5k▼ 45.3%€24k▲ 425%€-11k
Net result€40k-€5k▼ 87.6%€692▼ 86.2%€20k▲ 2,843%€-14k
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 2025: a loss of €11k after €24k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €172k
Fixed assets
€17k▲ 39.0%
Current assets
€155k▼ 11.7%
Equity and liabilities €172k
Equity
€105k▼ 12.1%
Debt
€67k▼ 1.7%
The debt ratio rises from 36.2% to 38.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-5k▼
2024 · €29k
Cash flow
€-9k▼
2024 · €25k
Solvency
61.1%▼
2024 · 63.8%
Current ratio
2.36▼
2024 · 2.57
Quick ratio
2.36▼
2024 · 2.57
Debt / equity
0.64▲
2024 · 0.57
ROE
-13.7%▼
2024 · 17.0%
ROA
-8.4%▼
2024 · 10.8%
Interest coverage
-1.27▼
2024 · 7.60
Debt
€67k▼
2024 · €68k
Debt ≤ 1 year
€66k▼
2024 · €68k
Staff costs
€270k▲
2024 · €234k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€188k€172k▼
Fixed assets21/28€13k€17k▲
Tangible fixed assets22/27€13k€17k▲
Plant, machinery and equipment23€13k€17k▲
Current assets29/58€175k€155k▼
Amounts receivable within one year40/41€45k€69k▲
Other amounts receivable41€45k€69k▲
Cash at bank and in hand54/58€129k€84k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€188k€172k▼
Equity10/15€120k€105k▼
Contributions10/11€16k€16k=
Reserves13€104k€90k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€102k€88k▼
Amounts payable17/49€68k€67k▼
Amounts payable within one year42/48€68k€66k▼
Current portion of amounts payable after more than one year42€4k€4k=
Trade debts44€14k€13k▼
Suppliers440/4€14k€13k▼
Taxes, remuneration and social security45€38k€37k▼
Taxes450/3€6k€4k▼
Remuneration and social security454/9€32k€33k▲
Other amounts payable47/48€12k€11k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€234k€270k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€9k€9k▲
Gross operating margin9900€272k€274k▲
Operating profit (loss)9901€24k€-11k▼
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€20k€-14k▼
Profit (loss) for the period9904€20k€-14k▼
Profit (loss) for the period to be appropriated9905€20k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€-14k▼
Transfer from equity791/2-€14k
Transfer to equity691/2€20k-
To other reserves6921€20k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
31-12
Financial
Weakest financial yearnet €-14k ▼171%
Net result drops to €-14k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €102k ▲5.2%
2 profitable years in a row build equity to €102k.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €40k
Net result €40k after 2 loss-making years.
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Turnhout · 1 establishment unit since 2013
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.
de Merodelei 912300 TurnhoutGround area
147 m²
Building footprint
146 m²
Volume, LiDAR
1,078 m³
Parcel 13453O0435/00K002, Flanders · tallest building 14.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EDELWEISS
since 20132.224.316.797
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0435/00K002 | Flanders | 147 m² | 1 · 146 m² | 14.9 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteTurnhout2.224.316.797
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Susuru Ramen
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Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 9,505 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-09-2013
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
55209Other holiday and short-stay accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.