EDBE
ActiveSummary
The computed 12-month bankruptcy probability of EDBE is 1.6% (moderate). The 2025 annual accounts show equity of €19k and a net result of €44k. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 35% of 72 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency49▼-5
Growth58=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.39 in 2024; short-term debt: 76.3% and cash: 38.3% of total assets), and 76.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 61
Relative position
BE, all sectors
reference
Telecommunications (NACE 61)
about 159% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
23.7%
Return on assets
55.3%
Age of the figures
9 mo
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
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 21-04-2026, 101 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
101 d early
2024
98 d early
2023
29 d late
2022
28 d late
2021
26 d early
2020
31 d early
2019
32 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€44k▲ 21.0%
2024 · €36k
2018: €9klowest in 8 years
2019: €11k▲ +27.8% vs 2018
2020: €16k▲ +38.8% vs 2019
2021: €26k▲ +68.8% vs 2020
2022: €28k▲ +6.1% vs 2021
2023: €23k▼ -16.8% vs 2022
2024: €36k▲ +56.2% vs 2023
2025: €44k▲ +21.0% vs 2024highest in 8 years
2018 → 2025
Working capital
€18k▼ 6.3%
2024 · €19k
2018: €23k
2019: €35k▲ +53.8% vs 2018
2020: €52k▲ +49.0% vs 2019highest in 8 years
2021: €20k▼ -62.1% vs 2020
2022: €17k▼ -12.1% vs 2021lowest in 8 years
2023: €18k▲ +0.7% vs 2022
2024: €19k▲ +9.8% vs 2023
2025: €18k▼ -6.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€21k-€21k▼ 0.3%€21k=€21k▲ 1.7%€19k▼ 9.7%
2021: €21k
2022: €21k▼ -0.3% vs 2021
2023: €21k● 0.0% vs 2022
2024: €21k▲ +1.7% vs 2023highest in 5 years
2025: €19k▼ -9.7% vs 2024lowest in 5 years
Operating result€32k-€40k▲ 26.6%€32k▼ 19.2%€47k▲ 46.3%€57k▲ 20.8%
2021: €32klowest in 5 years
2022: €40k▲ +26.6% vs 2021
2023: €32k▼ -19.2% vs 2022
2024: €47k▲ +46.3% vs 2023
2025: €57k▲ +20.8% vs 2024highest in 5 years
Net result€26k-€28k▲ 6.1%€23k▼ 16.8%€36k▲ 56.2%€44k▲ 21.0%
2021: €26k
2022: €28k▲ +6.1% vs 2021
2023: €23k▼ -16.8% vs 2022lowest in 5 years
2024: €36k▲ +56.2% vs 2023
2025: €44k▲ +21.0% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 21% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79k
Fixed assets
€735 ▼ 52.4%
Current assets
€79k ▲ 13.5%
Equity and liabilities €79k
Equity
€19k ▼ 9.7%
Debt
€61k ▲ 21.2%
Debt's share of the balance-sheet total rises from 70.5% to 76.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€58k▲
2024 · €49k
Cash flow
€45k▲
2024 · €38k
Current ratio
1.30▼
2024 · 1.39
Debt to equity
3.21▲
2024 · 2.39
ROE
233.2%▲
2024 · 174.0%
ROA
55.3%▲
2024 · 51.3%
Interest coverage
40.67▲
2024 · 26.06
Debt ≤ 1 year
€61k▲
2024 · €50k
Income taxes
€12k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€71k€79k▲
Fixed assets21/28€2k€735▼
Tangible fixed assets22/27€2k€735▼
Plant, machinery and equipment23€674€425▼
Furniture and vehicles24€872€310▼
Current assets29/58€69k€79k▲
Amounts receivable within one year40/41€28k€45k▲
Trade receivables40€14k€34k▲
Other amounts receivable41€15k€11k▼
Cash at bank and in hand54/58€38k€30k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€71k€79k▲
Equity10/15€21k€19k▼
Contributions10/11€19k€19k=
Reserves13€2k-
Distributable reserves133€2k-
Profit (loss) carried forward14€428€260▼
Amounts payable17/49€50k€61k▲
Amounts payable within one year42/48€50k€61k▲
Trade debts44€4k€4k▲
Suppliers440/4€4k€4k▲
Taxes, remuneration and social security45€9k€9k▲
Taxes450/3€9k€9k▲
Other amounts payable47/48€37k€47k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€811▼
Other operating charges640/8€387€400▲
Gross operating margin9900€49k€58k▲
Operating profit (loss)9901€47k€57k▲
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€45k€56k▲
Income taxes67/77€9k€12k▲
Profit (loss) for the period9904€36k€44k▲
Profit (loss) for the period to be appropriated9905€36k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€44k▲
Profit (loss) brought forward from the previous period14P€87€428▲
Transfer from equity791/2-€2k
Profit to be distributed694/7€36k€46k▲
Return on contributions (dividend)694€36k€46k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €1k | €1k | €811 | ▼ 41.7% |
| Other operating charges640/8 | €15 | €459 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €33k | €41k | €34k | €49k | €58k | ▲ 18.9% |
| Operating profit (loss)9901 | €32k | €40k | €32k | €47k | €57k | ▲ 20.8% |
| Financial income75/76B | - | - | - | €2 | - | - |
| Recurring financial income75 | - | - | - | €2 | - | - |
| Financial charges65/66B | €164 | €560 | €2k | €2k | €1k | ▼ 23.8% |
| Recurring financial charges65 | €164 | €560 | €2k | €2k | €1k | ▼ 23.8% |
| Profit (loss) for the period before taxes9903 | €31k | €39k | €30k | €45k | €56k | ▲ 22.6% |
| Income taxes67/77 | €5k | €12k | €7k | €9k | €12k | ▲ 29.0% |
| Profit (loss) for the period9904 | €26k | €28k | €23k | €36k | €44k | ▲ 21.0% |
| Profit (loss) for the period to be appropriated9905 | €26k | €28k | €23k | €36k | €44k | ▲ 21.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €93k | €62k | €57k | €71k | €79k | ▲ 12.1% |
| Fixed assets21/28 | €704 | €3k | €3k | €2k | €735 | ▼ 52.4% |
| Tangible fixed assets22/27 | €704 | €3k | €3k | €2k | €735 | ▼ 52.4% |
| Plant, machinery and equipment23 | - | €1k | €923 | €674 | €425 | ▼ 36.9% |
| Furniture and vehicles24 | €704 | €2k | €2k | €872 | €310 | ▼ 64.4% |
| Current assets29/58 | €92k | €59k | €54k | €69k | €79k | ▲ 13.5% |
| Amounts receivable within one year40/41 | €24k | €36k | €43k | €28k | €45k | ▲ 59.4% |
| Trade receivables40 | €23k | €31k | €29k | €14k | €34k | ▲ 147% |
| Other amounts receivable41 | €2k | €5k | €13k | €15k | €11k | ▼ 22.4% |
| Cash at bank and in hand54/58 | €68k | €20k | €9k | €38k | €30k | ▼ 20.0% |
| Deferred charges and accrued income490/1 | €45 | €3k | €3k | €3k | €3k | ▲ 2.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €93k | €62k | €57k | €71k | €79k | ▲ 12.1% |
| Equity10/15 | €21k | €21k | €21k | €21k | €19k | ▼ 9.7% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | - | - |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | - | - | €2k | €2k | - | - |
| Profit (loss) carried forward14 | €139 | €87 | €87 | €428 | €260 | ▼ 39.3% |
| Amounts payable17/49 | €72k | €41k | €36k | €50k | €61k | ▲ 21.2% |
| Amounts payable within one year42/48 | €72k | €41k | €36k | €50k | €61k | ▲ 21.2% |
| Trade debts44 | €4k | €3k | €4k | €4k | €4k | ▲ 5.1% |
| Suppliers440/4 | €4k | €3k | €4k | €4k | €4k | ▲ 5.1% |
| Taxes, remuneration and social security45 | €9k | €9k | €8k | €9k | €9k | ▲ 4.2% |
| Taxes450/3 | €6k | €9k | €8k | €9k | €9k | ▲ 4.2% |
| Remuneration and social security454/9 | €3k | - | - | - | - | - |
| Other amounts payable47/48 | €60k | €28k | €24k | €37k | €47k | ▲ 27.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €28k | €23k | €36k | €44k | ▲ 21.0% |
| + Depreciation and write-downs630 | €1k | €1k | €1k | €1k | €811 | ▼ 41.7% |
| Operating cash flow (approximation) | €27k | €29k | €25k | €38k | €45k | ▲ 18.7% |
| Investment in fixed assets (approximation) | - | €-3k | €-1k | €0 | €0 | - |
| Change in cash | - | €-48k | €-11k | €30k | €-8k | ▼ 126% |
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
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €44k ▲21%
Operating result €57k, net result €44k, both a record.
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Leuze-en-Hainaut · 1 establishment unit since 2018
Ground area
1,174 m²
Building footprint
185 m²
Volume, LiDAR
887 m³
Parcel 57048C0713/00V002, Wallonia · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EDBE
since 20182.272.364.560
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57048C0713/00V002 | Wallonia | 1,174 m² | 1 · 184 m² | 6.5 m · 2 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.
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Of 1,374 companies in sector 61100 we hold annual accounts for 584. 329 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
43211General electrical installation work
46140Agents in the wholesale of industrial machinery, ships and aircraft
Scores and ratios are computed by Checked and are not a credit decision.