Edaphon
ActiveSummary
The computed 12-month bankruptcy probability of Edaphon is 3.8% (moderate). The 2025 annual accounts show equity of €41.8m and a net result of -€3.2m. Equity is growing by ~32.4% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability9▲+7
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
short-term debt: 0.1% and cash: 0.1% of total assets, and 0.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.9%
Return on assets
-7.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
23 d early
2024
30 d early
2023
29 d early
2022
27 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 27 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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. Usually files around 4 July (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€3.2m▲ 33.9%
2024 · -€4.8m
Working capital
€13.9m▼ 16.6%
2024 · €16.7m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result-€654,139--€1.1m▼ 73.6%-€1.8m▼ 60.9%-€2.4m▼ 33.4%
Net result-€654,284--€1.3m▼ 103%-€4.8m▼ 262%-€3.2m▲ 33.9%
Equity€9.3m-€25.5m▲ 173%€33.4m▲ 31.1%€41.8m▲ 24.8%
Total assets€9.5m-€25.7m▲ 171%€33.5m▲ 30.5%€41.8m▲ 24.9%
Debt€134,618-€143,370▲ 6.5%€33,860▼ 76.4%€52,109▲ 53.9%
Working capital€6.6m-€11.1m▲ 68.6%€16.7m▲ 50.6%€13.9m▼ 16.6%
Staff (FTE)00
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2.4m in 2025 against €1.8m in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41.8m
Fixed assets
€27.9m ▲ 66.0%
Current assets
€13.9m ▼ 16.4%
Equity and liabilities €41.8m
Equity
€41.8m ▲ 24.8%
Debt
€52,109 ▲ 53.9%
Debt's share of the balance-sheet total stays at 0.1%.
Key figures and ratios
EBITDA
-€2.4m▼
2024 · -€1.8m
Cash flow
-€3.2m▲
2024 · -€4.8m
Debt to equity
0.00▲
2024 · 0.00
ROE
-7.6%▲
2024 · -14.3%
ROA
-7.6%▲
2024 · -14.3%
Interest coverage
-3.30▼
2024 · 18.10
Debt ≤ 1 year
€52,109▲
2024 · €33,860
Income taxes
€0▲
2024 · -€12,466
A ratio outside any meaningful range has been withheld (balance sheet total €41.8m, equity €41.8m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,910 | €8,063 | €4,985 | €6,509 | ▲ 30.6% |
| Other operating charges640/8 | - | €897 | €1,118 | €998 | ▼ 10.7% |
| Gross operating margin9900 | -€649,228 | -€1.1m | -€1.8m | -€2.4m | ▼ 33.4% |
| Operating profit (loss)9901 | -€654,139 | -€1.1m | -€1.8m | -€2.4m | ▼ 33.4% |
| Financial income75/76B | - | €53,865 | €955,626 | €202,139 | ▼ 78.8% |
| Recurring financial income75 | - | €53,865 | €230,266 | €202,139 | ▼ 12.2% |
| Non-recurring financial income76B | - | - | €725,360 | €0 | ▼ 100% |
| Financial charges65/66B | €146 | €230,895 | €3.9m | €935,245 | ▼ 76.2% |
| Recurring financial charges65 | €146 | €230,895 | -€100,671 | €735,240 | ▲ 830% |
| Non-recurring financial charges66B | - | - | €4.0m | €200,005 | ▼ 95.0% |
| Profit (loss) for the period before taxes9903 | -€654,284 | -€1.3m | -€4.8m | -€3.2m | ▲ 34.0% |
| Income taxes67/77 | - | €12,466 | -€12,466 | €0 | ▲ 100% |
| Profit (loss) for the period9904 | -€654,284 | -€1.3m | -€4.8m | -€3.2m | ▲ 33.9% |
| Profit (loss) for the period to be appropriated9905 | -€654,284 | -€1.3m | -€4.8m | -€3.2m | ▲ 33.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €9.5m | €25.7m | €33.5m | €41.8m | ▲ 24.9% |
| Formation expenses20 | €4,428 | €0 | - | - | - |
| Fixed assets21/28 | €2.8m | €14.5m | €16.8m | €27.9m | ▲ 66.0% |
| Intangible fixed assets21 | - | €10,420 | €10,907 | €4,398 | ▼ 59.7% |
| Tangible fixed assets22/27 | €10,376 | €0 | - | - | - |
| Assets under construction and advance payments27 | €10,376 | €0 | - | - | - |
| Financial fixed assets28 | €2.8m | €14.4m | €16.8m | €27.9m | ▲ 66.0% |
| Current assets29/58 | €6.7m | €11.2m | €16.7m | €13.9m | ▼ 16.4% |
| Amounts receivable within one year40/41 | €2.3m | €0 | €80,477 | €127,595 | ▲ 58.5% |
| Other amounts receivable41 | €2.3m | €0 | €80,477 | €127,595 | ▲ 58.5% |
| Current investments50/53 | - | €5.5m | €7.6m | €13.8m | ▲ 80.4% |
| Cash at bank and in hand54/58 | €4.4m | €5.7m | €9.0m | €38,260 | ▼ 99.6% |
| Deferred charges and accrued income490/1 | €12,926 | €91 | €17,563 | €13,370 | ▼ 23.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €9.5m | €25.7m | €33.5m | €41.8m | ▲ 24.9% |
| Equity10/15 | €9.3m | €25.5m | €33.4m | €41.8m | ▲ 24.8% |
| Contributions10/11 | €10.0m | €27.5m | €40.2m | €51.7m | ▲ 28.5% |
| Profit (loss) carried forward14 | -€654,284 | -€2.0m | -€6.8m | -€9.9m | ▼ 46.8% |
| Amounts payable17/49 | €134,618 | €143,370 | €33,860 | €52,109 | ▲ 53.9% |
| Amounts payable within one year42/48 | €134,618 | €143,370 | €33,860 | €52,109 | ▲ 53.9% |
| Trade debts44 | €134,618 | €143,370 | €33,860 | €52,109 | ▲ 53.9% |
| Suppliers440/4 | €134,618 | €143,370 | €33,860 | €52,109 | ▲ 53.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€654,284 | -€1.3m | -€4.8m | -€3.2m | ▲ 33.9% |
| + Depreciation and write-downs630 | €4,910 | €8,063 | €4,985 | €6,509 | ▲ 30.6% |
| Operating cash flow (approximation) | -€649,374 | -€1.3m | -€4.8m | -€3.2m | ▲ 33.9% |
| Investment in fixed assets (approximation) | - | -€11.7m | -€2.3m | -€11.1m | ▼ 375% |
| Change in cash | - | €1.3m | €3.3m | -€8.9m | ▼ 370% |
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
Next filing, fiscal year 2026, expected by
2026
18-08
State Gazette act
Appointment: VGD Bedrijfsrevisoren (statutory auditor)Permanent representative: Maarten Lindemans3 facts ▸
State Gazette act
Appointment: VGD Bedrijfsrevisoren (statutory auditor)
Permanent representative: Maarten Lindemans3 facts ▸
- General meeting, 26-06-2026
- Auditor appointment, VGD Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Maarten Lindemans (permanent representative)
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€4.8m
Net result drops to -€4.8m, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 6current ratio 493.07
Current ratio from 78.18 to 493.07; short-term debt falls from €143,370 to €33,860.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €25mEq €25.5m ▲173%
Equity rises from €9.3m to €25.5m.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
Statutory auditor 1
VGD Bedrijfsrevisoren
CurrentStatutory auditor · since 18-08-2026 · perm. rep.: Maarten Lindemans
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 2022
Ground area
1,291 m²
Building footprint
597 m²
Volume, LiDAR
15,768 m³
Parcel 21019A0206/00H005, Brussels · tallest building 29.1 m, ±9 floors. Linked by address, not a title deed.
93
companies at this address
See who is registered here
1 establishment unit
Edaphon
since 20222.335.981.318
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0206/00H005 | Brussels | 1,291 m² | 1 · 597 m² | 29.1 m · 9 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.
Mandate history
1 person since 2026, 1 in office
- Statutory auditor
| Name | Functions and periods |
|---|---|
| VGD Bedrijfsrevisoren |
|
Structure & network
Owners and holdings
2 owners · 1 holdingChain of control
- PEMAGA
- Edaphon
Highest known parent: PEMAGA. The sources do not say who stands above it.
Owners 2
- PEMAGAparentSourceaccounts PEMAGA 202469.36%
- Sourceaccounts LOULIFA 20258.7%
Holdings 1
-
15.26%
According to the 2023 annual accounts of Edaphon and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company
Founded22-06-2022
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0787533694
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.