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EDCADO

Active Public limited companyfounded 1996active for 30 yearsLouis Mettewielaan 58, 1080 Molenbeek-Saint-JeanKBO/BCE: BE 0457.501.587

Lifetime

20 annual accounts with figures on one time axis, 30 filings since 1996
peak €369,811 (2011)
€52,460▼ 19.7%
lowest -€144,569 (2015)
-€39,844▲ €50,161
peak €787,253 (2011)
€559,885▼ 6.6%
€855,453unchanged
Board10 names since 2017
3 directors and 2 others
Documentsfilings and deeds
19-10-202680 days late
2025abbreviated format
Gross margin from €65,335 to €52,460Loss of €39,844Cash from €68,146 to €38,122

Key points

from the 2025 annual accounts

Losses

-€129,849 in two years
-90,0052024-39,8442025

The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.

Filings

30 annual accounts 80 days
AprilJune31 JulyOctober200020102020

Latest accounts filed late: after the legal deadline.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 8,609 companies had the same profile as EDCADO has now. Each dot stands for 22 companies, two years later.

94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 8,609 companies, not a prediction for EDCADO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Director, since 15-09-2022
Director, since 15-09-2022
Board & ownership

Recent changes

Amendment of the articles General meeting of 19-12-2023 · Gazette deed
Registered office moved from Sint-Martens-Latel to Molenbeek-Saint-Jean New registered office: Louis Metewielaan 58 bus 6 te 1080 Sint-Jans-Molenbeek · Previous registered office: Oudburgweg 19 te 9830 Sint-Martens-Latel · Resignations: , and · General meeting of 15-09-2022 · Gazette deed
Registered office moved from Lubbeek to Sint-Martens-Latem New registered office: Oudburgweg 19 te 9830 Sint-Martens-Latem · Previous registered office: Herendaal 21 te 3210 Lubbeek · Changes of role: (director) and (director) · General meeting of 07-09-2018 · Gazette deed
4 directors appointed, 5 reappointments Reappointments: , , , and · Appointments: , , and · General meeting of 25-01-2017 · Gazette deed
All 43 events

Official details

Source: KBO
Status
Active since 11-03-1996Normal situation
Registered office
18 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 12 November 2026.
Activity
“Onroerende goederen verwerven, bouwen, opschikken, uitrusten en opbouwen, met het oog op de verhuring…” (deed in Dutch)From the articles, 7 activitiesNo NACE code in the KBO yet
Establishment unit
2.075.807.2253210 Lubbeek, since 27-03-1996
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

≈ €150,000estimated
€1.4m▼ 2.7%
Filing
Filed on 19-10-2026
Financials

Insights on EDCADO

EDCADO files the abbreviated format. That format states no turnover. The gross margin fell from €100,688 in 2006 to €52,460 in 2025.

The balance sheet grew most from 2023 to 2024 through fixed assets, financed with long-term debt.

In February 2023, three directors stepped down. In February 2023, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about EDCADO

What is the company number of EDCADO?
The company number of EDCADO is 0457.501.587. The VAT number is the same number with BE in front: BE 0457.501.587.
Where is EDCADO based?
The registered office is at Louis Mettewielaan 58, 1080 Molenbeek-Saint-Jean.Company details
What is the legal form of EDCADO?
EDCADO is a public limited company (NV).
When was EDCADO founded?
EDCADO was founded on 11-03-1996.
Is EDCADO still active?
Yes, EDCADO is an active enterprise in the KBO register.
What is the turnover of EDCADO?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €52,460 and 1,300 comparable companies of the same size. It probably lies between €90,000 and €280,000. It is a rough estimate. In financial year 2021 turnover was €84,561.Financials
Is EDCADO profitable?
In financial year 2025, EDCADO made a loss of €39,844.
Where can I find the annual accounts of EDCADO?
EDCADO filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EDCADO due?
EDCADO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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