EDE DRINKS
ActiveSummary
EDE DRINKS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €73k and a net result of €95k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 68% of 15865 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency87▲+82
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.55 against 0.79 in 2023; short-term debt: 37.9% and cash: 6.1% of total assets), and 37.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
2 d late
2022
31 d late
2021
100 d late
2020
89 d late
2019
123 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€73k
2023 · €-21k
2018: €39k
2019: €38k▼ -1.2% vs 2018
2020: €-77k▼ -301% vs 2019
2021: €-84k▼ -9.2% vs 2020lowest in 7 years
2022: €-56k▲ +33.4% vs 2021
2023: €-21k▲ +62.0% vs 2022
2024: €73k▲ +444% vs 2023highest in 7 years
2018 → 2024
Total assets
€118k▲ 9.7%
2023 · €108k
2018: €45k
2019: €135k▲ +198% vs 2018highest in 7 years
2020: €36k▼ -73.0% vs 2019lowest in 7 years
2021: €108k▲ +198% vs 2020
2022: €86k▼ -20.4% vs 2021
2023: €108k▲ +24.7% vs 2022
2024: €118k▲ +9.7% vs 2023
2018 → 2024
Net result
€95k▲ 172%
2023 · €35k
2018: €19k
2019: €-477▼ -103% vs 2018
2020: €-116k▼ -24133% vs 2019lowest in 7 years
2021: €-7k▲ +93.9% vs 2020
2022: €28k▲ +497% vs 2021
2023: €35k▲ +23.6% vs 2022
2024: €95k▲ +172% vs 2023highest in 7 years
2018 → 2024
Working capital
€70k
2023 · €-27k
2018: €34k
2019: €35k▲ +4.8% vs 2018
2020: €-78k▼ -320% vs 2019
2021: €-84k▼ -8.0% vs 2020lowest in 7 years
2022: €-63k▲ +25.5% vs 2021
2023: €-27k▲ +56.9% vs 2022
2024: €70k▲ +357% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-77k-€-84k▼ 9.2%€-56k▲ 33.4%€-21k▲ 62.0%€73k
2020: €-77k
2021: €-84k▼ -9.2% vs 2020lowest in 5 years
2022: €-56k▲ +33.4% vs 2021
2023: €-21k▲ +62.0% vs 2022
2024: €73k▲ +444% vs 2023highest in 5 years
Operating result€-106k-€-5k▲ 95.1%€21k€35k▲ 67.1%€104k▲ 196%
2020: €-106klowest in 5 years
2021: €-5k▲ +95.1% vs 2020
2022: €21k▲ +504% vs 2021
2023: €35k▲ +67.1% vs 2022
2024: €104k▲ +196% vs 2023highest in 5 years
Net result€-116k-€-7k▲ 93.9%€28k€35k▲ 23.6%€95k▲ 172%
2020: €-116klowest in 5 years
2021: €-7k▲ +93.9% vs 2020
2022: €28k▲ +497% vs 2021
2023: €35k▲ +23.6% vs 2022
2024: €95k▲ +172% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 196% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €118k
Fixed assets
€4k ▼ 34.7%
Current assets
€114k ▲ 12.2%
Equity and liabilities €118k
Equity
€73k
Debt
€45k
Debt finances 37.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€107k▲
2023 · €38k
Cash flow
€98k▲
2023 · €38k
Current ratio
2.55▲
2023 · 0.79
Quick ratio
1.22▲
2023 · 0.31
Debt to equity
0.61▲
2023 · -6.04
ROE
129.1%
ROA
80.2%▲
2023 · 32.4%
Interest coverage
79.76▼
2023 · 131.05
Debt ≤ 1 year
€45k▼
2023 · €129k
Income taxes
€8k
Staff costs
€65k▼
2023 · €88k
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 · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€108k€118k▲
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€4k▼
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€4k€2k▼
Current assets29/58€102k€114k▲
Stocks and contracts in progress3€62k€60k▼
Stocks30/36€62k€60k▼
Amounts receivable within one year40/41€34k€47k▲
Trade receivables40€31k€47k▲
Other amounts receivable41€4k-
Cash at bank and in hand54/58€5k€7k▲
Deferred charges and accrued income490/1€274€271▼
Equity and liabilities
Total equity and liabilities10/49€108k€118k▲
Equity10/15€-21k€73k▲
Contributions10/11€20k€20k=
Reserves13€19k€19k=
Non-distributable reserves130/1€942€942=
Reserves not available under the articles1311€942€942=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€-60k€34k▲
Amounts payable17/49€129k€45k▼
Amounts payable within one year42/48€129k€45k▼
Trade debts44€22k€9k▼
Suppliers440/4€22k€9k▼
Taxes, remuneration and social security45€26k€30k▲
Taxes450/3€5k€12k▲
Remuneration and social security454/9€21k€18k▼
Other amounts payable47/48€80k€6k▼
Income statement
Code20232024
Remuneration, social security and pensions62€88k€65k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€130k€177k▲
Operating profit (loss)9901€35k€104k▲
Financial income75/76B€18€29▲
Recurring financial income75€18€29▲
Financial charges65/66B€290€1k▲
Recurring financial charges65€290€1k▲
Profit (loss) for the period before taxes9903€35k€103k▲
Income taxes67/77-€8k
Profit (loss) for the period9904€35k€95k▲
Profit (loss) for the period to be appropriated9905€35k€95k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-60k€34k▲
Profit (loss) brought forward from the previous period14P€-95k€-60k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €4k | €31k | €88k | €65k | ▼ 26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | - | €1k | €3k | €3k | ▲ 9.0% |
| Other operating charges640/8 | - | €4k | €3k | €4k | €5k | ▲ 26.9% |
| Non-recurring operating charges66A | - | €51 | - | - | - | - |
| Gross operating margin9900 | €-93k | €3k | €56k | €130k | €177k | ▲ 36.4% |
| Operating profit (loss)9901 | €-106k | €-5k | €21k | €35k | €104k | ▲ 196% |
| Financial income75/76B | - | €63 | €112 | €18 | €29 | ▲ 66.6% |
| Recurring financial income75 | €161 | €63 | €112 | €18 | €29 | ▲ 66.6% |
| Financial charges65/66B | - | €231 | €178 | €290 | €1k | ▲ 363% |
| Recurring financial charges65 | €319 | €231 | €178 | €290 | €1k | ▲ 363% |
| Profit (loss) for the period before taxes9903 | €-107k | €-5k | €21k | €35k | €103k | ▲ 194% |
| Income taxes67/77 | €9k | €2k | €-7k | - | €8k | - |
| Profit (loss) for the period9904 | €-116k | €-7k | €28k | €35k | €95k | ▲ 172% |
| Profit (loss) for the period to be appropriated9905 | €-116k | €-7k | €28k | €35k | €95k | ▲ 172% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36k | €108k | €86k | €108k | €118k | ▲ 9.7% |
| Fixed assets21/28 | €847 | - | €7k | €6k | €4k | ▼ 34.7% |
| Tangible fixed assets22/27 | €847 | - | €7k | €6k | €4k | ▼ 34.7% |
| Plant, machinery and equipment23 | - | - | - | €2k | €2k | ▲ 35.4% |
| Furniture and vehicles24 | - | - | €7k | €4k | €2k | ▼ 63.0% |
| Current assets29/58 | €36k | €108k | €80k | €102k | €114k | ▲ 12.2% |
| Stocks and contracts in progress3 | €17k | €89k | €8k | €62k | €60k | ▼ 3.8% |
| Stocks30/36 | - | €89k | €8k | €62k | €60k | ▼ 3.8% |
| Amounts receivable within one year40/41 | €18k | €19k | €70k | €34k | €47k | ▲ 36.8% |
| Trade receivables40 | - | €5k | €70k | €31k | €47k | ▲ 53.4% |
| Other amounts receivable41 | - | €15k | €33 | €4k | - | - |
| Cash at bank and in hand54/58 | €837 | €318 | €2k | €5k | €7k | ▲ 42.2% |
| Deferred charges and accrued income490/1 | - | - | €188 | €274 | €271 | ▼ 0.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36k | €108k | €86k | €108k | €118k | ▲ 9.7% |
| Equity10/15 | €-77k | €-84k | €-56k | €-21k | €73k | ▲ 444% |
| Contributions10/11 | - | €20k | €20k | €20k | €20k | = |
| Reserves13 | €19k | €19k | €19k | €19k | €19k | = |
| Non-distributable reserves130/1 | - | €942 | €942 | €942 | €942 | = |
| Reserves not available under the articles1311 | - | €942 | €942 | €942 | €942 | = |
| Distributable reserves133 | - | €18k | €18k | €18k | €18k | = |
| Profit (loss) carried forward14 | €-116k | €-123k | €-95k | €-60k | €34k | ▲ 157% |
| Amounts payable17/49 | €114k | €193k | €142k | €129k | €45k | ▼ 65.3% |
| Amounts payable within one year42/48 | €114k | €193k | €142k | €129k | €45k | ▼ 65.3% |
| Trade debts44 | €52k | €9k | €53k | €22k | €9k | ▼ 57.6% |
| Suppliers440/4 | - | €9k | €53k | €22k | €9k | ▼ 57.6% |
| Taxes, remuneration and social security45 | - | €1k | €9k | €26k | €30k | ▲ 12.7% |
| Taxes450/3 | - | €953 | €4k | €5k | €12k | ▲ 121% |
| Remuneration and social security454/9 | - | €506 | €5k | €21k | €18k | ▼ 15.1% |
| Other amounts payable47/48 | - | €182k | €80k | €80k | €6k | ▼ 93.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-116k | €-7k | €28k | €35k | €95k | ▲ 172% |
| + Depreciation and write-downs630 | €2k | - | €1k | €3k | €3k | ▲ 9.0% |
| Operating cash flow (approximation) | €-113k | €-7k | €29k | €38k | €98k | ▲ 159% |
| Investment in fixed assets (approximation) | - | - | - | €-2k | €-1k | ▲ 40.6% |
| Change in cash | - | €-519 | €1k | €3k | €2k | ▼ 38.8% |
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
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Highest result since 2018net €95k ▲172%
Operating result €104k, net result €95k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.55
Current ratio from 0.79 to 2.55; short-term debt falls from €129k to €45k.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €28k
Net result €28k after 3 loss-making years.
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 100 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet €-116k
Net result drops to €-116k, the lowest in the series; recovery starts the following year.
01-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 123 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Wezembeek-Oppem · 1 establishment unit since 2017
Ground area
713 m²
Building footprint
341 m²
Volume, LiDAR
2,942 m³
2 parcels, Brussels, Flanders · tallest building 14.8 m, ±3 floors. Linked by address, not a title deed.
599
companies at this address
See who is registered here
1 establishment unit
EDE DRINKS
since 20172.268.158.918
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22006A0114/00P000 | Flanders | 520 m² | 1 · 325 m² | 14.8 m · 3 fl. |
| 21910E0066/05W008 | Brussels | 193 m² | 1 · 16 m² | 7.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchaarbeek2.268.158.918
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Of 1,580 companies in sector 46349 we hold annual accounts for 987. 657 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
Founded06-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
46341Wholesale of wines and spirits
Scores and ratios are computed by Checked and are not a credit decision.