E.D. LIGHTING
ActiveE.D. LIGHTING has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €612k and a net result of €-39k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 59% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability25▼-43
Solvency77=
Growth45▼-1
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.84 against 1.95 in 2024; short-term debt: 30.9% and cash: 13% of total assets), and 48.2% 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 43
Relative position
BE, all sectors
reference
Sector 43
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 9 filingsDeviation from the deadline
2025
20 d late
2024
2 d early
2023
4 d early
2022
56 d late
2021
126 d late
2020
90 d late
2019
73 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.66M▼ 7.5%
2024 · €1.80M
2018: €1.80M
2019: €1.37M
2020: €1.48M
2021: €1.12M
2022: €1.13M
2023: €1.59M
2024: €1.80M
2018 → 2025
EBIT margin
1.3%▼ 9.4pp
2024 · 10.7%
2018: 14.3%
2019: 7.6%
2020: 17.4%
2021: 0.0%
2022: 4.4%
2023: 3.2%
2024: 10.7%
2018 → 2025
Net result
€-39k
2024 · €121k
2018: €143k
2019: €-70k
2020: €124k
2021: €-56k
2022: €-52k
2023: €4k
2024: €121k
2018 → 2025
Working capital
€305k▼ 11.0%
2024 · €342k
2018: €467k
2019: €332k
2020: €402k
2021: €355k
2022: €234k
2023: €227k
2024: €342k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.12M-€1.13M▲ 0.6%€1.59M▲ 41.6%€1.80M▲ 12.8%€1.66M▼ 7.5%
Equity€577k-€525k▼ 9.0%€529k▲ 0.8%€651k▲ 22.9%€612k▼ 6.0%
Operating result€-415-€49k€50k▲ 2.5%€192k▲ 281%€21k▼ 88.9%
Net result€-56k-€-52k▲ 6.6%€4k€121k▲ 2,953%€-39k
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 89% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.18M
Fixed assets
€511k▼ 5.2%
Current assets
€669k▼ 4.7%
Equity and liabilities €1.18M
Equity
€612k▼ 6.0%
Debt
€568k▼ 3.6%
The debt ratio rises from 47.5% to 48.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€52k▼
2024 · €223k
Cash flow
€-9k▼
2024 · €152k
Solvency
51.8%▼
2024 · 52.5%
Current ratio
1.84▼
2024 · 1.95
Quick ratio
1.84▼
2024 · 1.95
Debt / equity
0.93▲
2024 · 0.91
ROE
-6.4%▼
2024 · 18.6%
ROA
-3.3%▼
2024 · 9.8%
Interest coverage
0.83▼
2024 · 4.39
Debt
€568k▼
2024 · €590k
Debt ≤ 1 year
€364k▲
2024 · €359k
Debt > 1 year
€204k▼
2024 · €231k
Staff costs
€520k▲
2024 · €478k
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€1.24M€1.18M▼
Fixed assets21/28€539k€511k▼
Tangible fixed assets22/27€538k€510k▼
Land and buildings22€513k€496k▼
Plant, machinery and equipment23€4k€1k▼
Furniture and vehicles24€22k€13k▼
Leasing and similar rights25€0-
Financial fixed assets28€1k€1k=
Current assets29/58€701k€669k▼
Amounts receivable within one year40/41€429k€515k▲
Trade receivables40€355k€430k▲
Other amounts receivable41€73k€85k▲
Cash at bank and in hand54/58€273k€154k▼
Equity and liabilities
Total equity and liabilities10/49€1.24M€1.18M▼
Equity10/15€651k€612k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€630k€591k▼
Amounts payable17/49€590k€568k▼
Amounts payable after more than one year17€231k€204k▼
Financial debts170/4€231k€204k▼
Amounts payable within one year42/48€359k€364k▲
Current portion of amounts payable after more than one year42€24k€27k▲
Trade debts44€268k€329k▲
Suppliers440/4€268k€329k▲
Advances received on contracts in progress46€1k€1k=
Taxes, remuneration and social security45€13k€8k▼
Taxes450/3€12k€2k▼
Remuneration and social security454/9€904€6k▲
Other amounts payable47/48€53k-
Income statement
Code20242025
Turnover70€1.80M€1.66M▼
Non-recurring operating income76A€193-
Goods, raw materials, services and sundry goods60/61€1.08M€1.06M▼
Remuneration, social security and pensions62€478k€520k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€31k▲
Other operating charges640/8€10k€12k▲
Non-recurring operating charges66A€3k€17k▲
Gross operating margin9900€714k€601k▼
Operating profit (loss)9901€192k€21k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€51k€63k▲
Recurring financial charges65€51k€63k▲
Profit (loss) for the period before taxes9903€144k€-39k▼
Income taxes67/77€23k-
Profit (loss) for the period9904€121k€-39k▼
Profit (loss) for the period to be appropriated9905€121k€-39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€630k€591k▼
Profit (loss) brought forward from the previous period14P€509k€630k▲
Social balance
Average headcount (FTE)908713.312.3▼
The notes to these accounts (10 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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
07-08
State Gazette act
Capital & shares · RestructuringDemerger · Accounting effect · Corporate purpose10 facts ▸
State Gazette act
Capital & shares · Restructuring
Demerger · Accounting effect · Corporate purpose10 facts ▸
- Demerger
- Accounting effect, 01/01/2026
- Corporate purpose, La société a pour objet, tant en Belgique qu'à l'étranger, l'exploitation et la mise en valeur de débits de boissons, pubs, snacks, pâtisseries, salons de conso…
- Corporate purpose, toute activité d'investissement mobilier et immobilier, et toutes opérations relatives. Elle pourra accomplir toutes opérations mobilières ou immobilières, fina…
- Balance-sheet total, 31/12/2025
- Real estate, immeuble sis rue Metsys 93, 1030 Schaerbeek
- Auditor appointment, Christian Missante (réviseur d'entreprises)
- Share allocation, actions sans mention de valeur nominale, 750
- Capital reduction, 164.448,40, valeur comptable de l'Apport
- Incorporation, 30/12/1997
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 56 days late
2022
04-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 126 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 90 days late
2020
31-12
Financial
Back to profitnet €124k
Net result €124k after one loss-making year.
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 73 days late
2019
31-12
Financial
Weakest financial yearnet €-70k ▼149%
Net result drops to €-70k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 74 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2006
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
06-04-2006
Resigned as Manager
Location & real-estate footprint
Registered office, Sint-Agatha-Berchem · 1 establishment unit since 1998
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.
Zevensterrenstraat 821082 Sint-Agatha-BerchemGround area
653 m²
Building footprint
490 m²
Volume, LiDAR
4,830 m³
2 parcels, Brussels · tallest building 19.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
E.D. LIGHTING
since 19982.085.131.695
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0202/00F004 | Brussels | 361 m² | 1 · 199 m² | 11.9 m · 4 fl. |
| 21009A0557/00L003 | Brussels | 292 m² | 1 · 291 m² | 19.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| Christian Missante,Current Réviseur d'entreprises | 07-08-2026 → present |
Structure & network
Acquisitions and mergers
1 transactionContributed a business line to:E.L.V. IMMO INVEST
Recognitions · licences · registrations
Dual-learning approval
2 endedLegal Entity Identifier
549300XLYUDZZVXY0V76
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GVL-TECHNICS
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HAMALCO
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As · Eq €611k
E.L.P.
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Meise · Eq €609k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 5,972 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-1998
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
46720Wholesale of motor vehicle parts and accessories
50300Water transport
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.