EDEBEX
ActiveSummary
EDEBEX has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.9m and a net result of €1.5m. Equity has been growing by about 50% per year since 2018. Its solvency ranks better than 64% of 224 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 23-01-2013 Normal situation
- Registered office
- 27 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- Web portal activities NACE 63910
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.216.640.931 1160 Oudergem, since 23-01-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Board and ownership
Board
- Jean-Luc LOUISDirector · since 01-01-2023
- Claude BERENDDirector · since 07-03-2023
- Kris MercelisDirector · since 22-08-2025
Shareholders
- CAMASA65.62%2024 annual accounts of CAMASA
- Holdings
- Shares in 1 company Edebex Fintech Spain
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €3.0m
- ▼ 18.6%
- Turnover
- ≈ €5.2m
- estimated
- Profit
- €1.5m
- ▼ 18.2%
- Equity
- €7.9m
- ▲ 23.4%
- Total assets
- €13.4m
- =
- Employees on 31-12-2025
- 16
- =
Score breakdownlowers riskLiquidity: current ratio 2.20, cash €4.6m, halvedSize: 16 FTE, total assets €13.4mFigures for financial year 2025 (filed on 25-06-2026)Equity €7.9m (59.4% of total assets)Show the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 73% of small companies in computing infrastructure and information services (NACE 63)
Financial strength · tick: 2024
Strong
Solvency
84+11
equity 59.4% of total assets
Liquidity
74-1
short-term debt 39.4% · cash 34.0%
Profitability
83-3
return on assets 11.3%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: 0.1%▲ +0.1 percentage points vs 06-2025highest value
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €750,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.2 (1.74 in 2024), above the usual 1.5. Short-term debt is 39.4% and cash 34% of total assets. 40.6% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 63, small). It does better than 73% of them on solvency, 80% on liquidity, 71% on profitability and 68% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskneutral
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 days early
2024
28 days early
2023
33 days early
2022
31 days early
2021
18 days early
2020
31 days early
2019
22 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 25-06-2026 at the NBB all 13 filings
Amounts without an identifiable currency are taken as euros.
Turnover
≈ €5.2m
Estimated: probably between €3.5m and €8.6m
EBIT margin
Not included in this filing
Net result
€1.5m▼ 18.2%
2024 · €1.8m
Working capital
€6.3m▲ 27.0%
2024 · €5.0m
In the rankings
#2 company by equity in Oudergem, Telecoms and IT sector#4 company by total assets in Oudergem, Telecoms and IT sector#10 employer in Oudergem, Telecoms and IT sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€1.7m
▼ 14.4%
2025
20182025
Net result
€1.5m
▼ 18.2%
2025
highest quarter of the sector
20182025
Equity
€7.9m
▲ 23.4%
2025
highest quarter of the sector
20182025
Total assets
€13.4m
=
2025
highest quarter of the sector
20182025
Debt
€5.3m
▼ 22.1%
2025
20182025
Working capital
€6.3m
▲ 27.0%
2025
highest quarter of the sector
20182025
Solvency
59.4%
▲ 11.3pp
2025
middle half of the sector
20182025
Current ratio
2.20
▲ 0.46
2025
middle half of the sector
20182025
Return on assets (ROA)
11.3%
▼ 2.5pp
2025
middle half of the sector
20182025
Staff (FTE)
16
=
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.1m--€0.7m-€0.1m▲ 79.5%€1.0m€1.1m▲ 10.3%€1.9m▲ 69.1%€2.0m▲ 4.8%€1.7m▼ 14.4%
Net result-€0.09m--€0.9m▼ 818%-€0.2mbelow the sector's middle half▲ 81.8%€1.2mabove the sector's middle half€1.2mabove the sector's middle half▼ 2.4%€1.6mabove the sector's middle half▲ 39.3%€1.8mabove the sector's middle half▲ 12.2%€1.5mabove the sector's middle half▼ 18.2%
Equity€0.4m-€1.3m▲ 187%€0.8mwithin the sector's middle half▼ 35.5%€1.9mabove the sector's middle half▲ 134%€3.0mabove the sector's middle half▲ 57.5%€4.6mabove the sector's middle half▲ 51.8%€6.4mabove the sector's middle half▲ 39.8%€7.9mabove the sector's middle half▲ 23.4%
Total assets€7.2m-€6.9m▼ 3.8%€5.0mabove the sector's middle half▼ 26.9%€6.7mabove the sector's middle half▲ 32.9%€9.4mabove the sector's middle half▲ 40.2%€10.3mabove the sector's middle half▲ 9.8%€13.4mabove the sector's middle half▲ 29.7%€13.4mabove the sector's middle half=
Debt€6.7m-€5.5m▼ 18.2%€4.1m▼ 25.4%€4.7m▲ 15.7%€6.4m▲ 34.0%€5.7m▼ 10.2%€6.8m▲ 19.7%€5.3m▼ 22.1%
Working capital€0.1m-€0.7m▲ 357%€0.3mwithin the sector's middle half▼ 56.7%€1.5mabove the sector's middle half▲ 430%€2.2mabove the sector's middle half▲ 41.1%€3.4mabove the sector's middle half▲ 56.2%€5.0mabove the sector's middle half▲ 47.7%€6.3mabove the sector's middle half▲ 27.0%
Solvency6.2%-18.5%▲ 12.3pp16.3%within the sector's middle half▼ 2.2pp28.8%within the sector's middle half▲ 12.5pp32.3%within the sector's middle half▲ 3.5pp44.7%within the sector's middle half▲ 12.4pp48.2%within the sector's middle half▲ 3.5pp59.4%within the sector's middle half▲ 11.3pp
Current ratio1.02-1.13▲ 0.111.08within the sector's middle half▼ 0.061.39within the sector's middle half▲ 0.311.38within the sector's middle half▼ 0.011.63within the sector's middle half▲ 0.261.74within the sector's middle half▲ 0.112.20within the sector's middle half▲ 0.46
Return on assets (ROA)-1.3%--12.5%▼ 11.2pp-3.1%within the sector's middle half▲ 9.4pp18.0%above the sector's middle half▲ 21.2pp12.6%above the sector's middle half▼ 5.5pp15.9%above the sector's middle half▲ 3.4pp13.8%above the sector's middle half▼ 2.1pp11.3%within the sector's middle half▼ 2.5pp
Staff (FTE)25.8-29.3▲ 13.6%24within the sector's middle half▼ 18.1%25.2within the sector's middle half▲ 5.0%21within the sector's middle half▼ 16.7%18within the sector's middle half▼ 14.3%16within the sector's middle half▼ 11.1%16within the sector's middle half=
above
within
below
The sector band is the middle half of the companies in Computing infrastructure, data processing, hosting and other information service activities (NACE 63). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 14% lower than in 2024.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.4m
Fixed assets
€1.8m ▲ 5.0%
Current assets
€11.6m ▼ 0.7%
Equity and liabilities €13.4m
Equity
€7.9m ▲ 23.4%
Provisions
€106,422 =
Debt
€5.3m ▼ 22.1%
Debt's share of the balance-sheet total falls from 51.1% to 39.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.3m▼
2024 · €2.5m
Cash flow
€2.1m▼
2024 · €2.3m
Debt to equity
0.67▼
2024 · 1.06
ROE
19.0%▼
2024 · 28.6%
Interest coverage
6.52▼
2024 · 12.77
Debt ≤ 1 year
€5.3m▼
2024 · €6.7m
Income taxes
€408,603▲
2024 · €79,585
Staff costs
€1.1m▲
2024 · €904,188
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 24 | 18 | 18 | 16 | 16 |
| full-time | 24 | 17 | 18 | 16 | 16 |
| part-time | - | 1 | - | - | - |
| in full-time equivalents | 24 | 17.6 | 18 | 16 | 16 |
| Average over the year, in full-time equivalents | 25.2 | 21 | 18 | 15.8 | 15.2 |
| On a permanent contract | 24 | 18 | 18 | 16 | 16 |
| Joined | 17 | 5 | 4 | 2 | 2 |
| Left | 16 | 11 | 4 | 4 | 2 |
| Training hours | 246 | 3 | 3 | 13 | 244 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 |
| Pledge on the business | €550,000 | €550,000 | €550,000 | €550,000 | €550,000 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €134,083 | €15,712 | €6,769 | €4,590 | €41,824 |
| Intangible fixed assets | €469,130 | €729,625 | €612,262 | €579,834 | €605,939 |
| Financial fixed assets | €44,675 | €3,000 | €1,000 | €5,000 | - |
| Depreciation and write-downs of the year | €474,778 | €484,492 | €495,730 | €490,512 | €563,639 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €0.05m | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €1.1m | €1.1m | €1.1m | €0.9m | €1.1m | ▲ 16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.3m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.6m | ▲ 14.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €0.6m | €0.2m | €0.2m | -€0.4m | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€0.09m | -€0.03m | - | €0.1m | - | - |
| Other operating charges640/8 | - | - | - | €0.2m | €0.2m | €0.06m | €0.07m | €0.1m | ▲ 43.2% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €0.01m | - |
| Gross operating margin9900 | €1.7m | €1.4m | €1.5m | €2.7m | €3.4m | €3.8m | €3.7m | €3.0m | ▼ 18.6% |
| Operating profit (loss)9901 | €0.1m | -€0.7m | -€0.1m | €1.0m | €1.1m | €1.9m | €2.0m | €1.7m | ▼ 14.4% |
| Financial income75/76B | - | - | - | €0.07m | €0.07m | €0.1m | €0.1m | €0.5m | ▲ 388% |
| Recurring financial income75 | €0.04m | €0.05m | €0.1m | €0.07m | €0.07m | €0.1m | €0.1m | €0.5m | ▲ 388% |
| Financial charges65/66B | - | - | - | -€0.1m | -€0.02m | €0.3m | €0.2m | €0.3m | ▲ 79.0% |
| Recurring financial charges65 | €0.1m | €0.1m | €0.1m | -€0.1m | -€0.02m | €0.3m | €0.2m | €0.3m | ▲ 79.0% |
| Profit (loss) for the period before taxes9903 | -€0.09m | -€0.9m | -€0.2m | €1.2m | €1.2m | €1.8m | €1.9m | €1.9m | ▼ 0.4% |
| Income taxes67/77 | €195 | €299 | -€489 | -€0.007m | €0.05m | €0.1m | €0.08m | €0.4m | ▲ 413% |
| Profit (loss) for the period9904 | -€0.09m | -€0.9m | -€0.2m | €1.2m | €1.2m | €1.6m | €1.8m | €1.5m | ▼ 18.2% |
| Profit (loss) for the period to be appropriated9905 | -€0.09m | -€0.9m | -€0.2m | €1.2m | €1.2m | €1.6m | €1.8m | €1.5m | ▼ 18.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €7.2m | €6.9m | €5.0m | €6.7m | €9.4m | €10.3m | €13.4m | €13.4m | = |
| Formation expenses20 | €0.04m | €0.03m | €0.01m | €0.001m | €0.001m | - | - | - | - |
| Fixed assets21/28 | €1.0m | €1.2m | €1.0m | €1.2m | €1.5m | €1.6m | €1.7m | €1.8m | ▲ 5.0% |
| Intangible fixed assets21 | €0.9m | €1.1m | €0.9m | €1.0m | €1.3m | €1.4m | €1.6m | €1.6m | ▲ 3.9% |
| Tangible fixed assets22/27 | €0.2m | €0.1m | €0.06m | €0.2m | €0.1m | €0.09m | €0.06m | €0.08m | ▲ 37.3% |
| Plant, machinery and equipment23 | - | - | - | €0.05m | €0.03m | €0.01m | €0.006m | €0.04m | ▲ 547% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.02m | €0.02m | €0.01m | €0.006m | ▼ 40.6% |
| Other tangible fixed assets26 | - | - | - | €0.1m | €0.08m | €0.06m | €0.04m | €0.03m | ▼ 19.3% |
| Financial fixed assets28 | €0.009m | €0.009m | €0.009m | €0.05m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Current assets29/58 | €6.1m | €5.7m | €4.0m | €5.5m | €7.9m | €8.7m | €11.7m | €11.6m | ▼ 0.7% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 13.5% |
| Trade receivables290 | - | - | - | - | €0 | - | - | - | - |
| Other amounts receivable291 | - | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 13.5% |
| Amounts receivable within one year40/41 | €0.7m | €1.1m | €0.7m | €0.7m | €1.3m | €1.0m | €0.7m | €2.0m | ▲ 176% |
| Trade receivables40 | - | - | - | €0.5m | €1.0m | €0.9m | €0.6m | €1.8m | ▲ 191% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.3m | €0.2m | €0.1m | €0.2m | ▲ 99.6% |
| Current investments50/53 | - | - | - | - | - | €2.3m | €0.8m | €4.9m | ▲ 508% |
| Cash at bank and in hand54/58 | €5.3m | €4.5m | €3.1m | €4.7m | €6.3m | €5.2m | €9.9m | €4.6m | ▼ 54.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0.1m | €0.09m | €0.02m | €0.08m | €0.08m | ▲ 4.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €7.2m | €6.9m | €5.0m | €6.7m | €9.4m | €10.3m | €13.4m | €13.4m | = |
| Equity10/15 | €0.4m | €1.3m | €0.8m | €1.9m | €3.0m | €4.6m | €6.4m | €7.9m | ▲ 23.4% |
| Contributions10/11 | €0.2m | €1.7m | €1.7m | €2.5m | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Capital10 | - | - | - | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Issued capital100 | - | - | - | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Contributions outside capital11 | - | - | - | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Share premium1100/10 | - | - | - | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Reserves13 | - | - | - | - | €0.02m | €0.1m | €0.2m | €0.2m | = |
| Non-distributable reserves130/1 | - | - | - | - | €0.02m | €0.1m | €0.2m | €0.2m | = |
| Legal reserve130 | - | - | - | - | €0.02m | €0.1m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | -€0.9m | -€1.8m | -€2.0m | -€0.8m | €0.4m | €2.0m | €3.7m | €5.2m | ▲ 40.3% |
| Investment grants15 | - | - | - | €0.2m | €0.08m | €0.01m | - | - | - |
| Provisions and deferred taxes16 | - | €0.1m | €0.1m | €0.03m | - | - | €0.1m | €0.1m | = |
| Provisions for liabilities and charges160/5 | - | - | - | €0.03m | - | - | €0.1m | €0.1m | = |
| Pensions and similar obligations160 | - | - | - | - | - | - | €0.1m | €0.1m | = |
| Taxes161 | - | - | - | €0.03m | - | - | - | - | - |
| Amounts payable17/49 | €6.7m | €5.5m | €4.1m | €4.7m | €6.4m | €5.7m | €6.8m | €5.3m | ▼ 22.1% |
| Amounts payable after more than one year17 | €0.8m | €0.5m | €0.4m | €0.8m | €0.6m | €0.4m | €0.1m | - | - |
| Financial debts170/4 | - | - | - | €0.8m | €0.6m | €0.4m | €0.1m | - | - |
| Amounts payable within one year42/48 | €5.9m | €5.0m | €3.7m | €4.0m | €5.8m | €5.3m | €6.7m | €5.3m | ▼ 21.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.3m | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 22.4% |
| Financial debts43 | - | - | - | - | - | - | - | €22 | - |
| Credit institutions430/8 | - | - | - | - | - | - | - | €22 | - |
| Trade debts44 | €0.9m | €1.1m | €1.3m | €1.5m | €2.3m | €2.5m | €2.2m | €3.1m | ▲ 45.0% |
| Suppliers440/4 | - | - | - | €1.5m | €2.3m | €2.5m | €2.2m | €3.1m | ▲ 45.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.1m | €0.2m | €0.1m | €0.5m | ▲ 277% |
| Taxes450/3 | - | - | - | €0.001m | - | - | - | €0.3m | - |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.1m | €0.2m | €0.1m | €0.2m | ▲ 57.3% |
| Other amounts payable47/48 | - | - | - | €2.0m | €2.9m | €2.2m | €4.0m | €1.3m | ▼ 66.5% |
| Accrued charges and deferred income492/3 | - | - | - | €0.005m | - | €0.001m | €225 | €0.06m | ▲ 247× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.09m | -€0.9m | -€0.2m | €1.2m | €1.2m | €1.6m | €1.8m | €1.5m | ▼ 18.2% |
| + Depreciation and write-downs630 | €0.3m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.6m | ▲ 14.9% |
| Operating cash flow (approximation) | €0.2m | -€0.4m | €0.3m | €1.7m | €1.7m | €2.1m | €2.3m | €2.1m | ▼ 11.3% |
| Investment in fixed assets (approximation) | - | -€0.6m | -€0.3m | -€0.7m | -€0.7m | -€0.6m | -€0.6m | -€0.6m | ▼ 10.1% |
| Change in cash | - | -€0.8m | -€1.3m | €1.6m | €1.6m | -€1.2m | €4.8m | -€5.4m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,811 companies had the same profile as EDEBEX has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
96.5%
was still going
3.1%
stopped otherwise
0.3%
went bankrupt
That fits the bankruptcy probability of EDEBEX itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 17,811 companies, not a prediction for EDEBEX. 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.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 25-06-2026 | 2026-00196366 | |
| 31-12-2024 | full format | 03-07-2025 | 2025-00231261 | |
| 31-12-2023 | full format | 28-06-2024 | 2024-00174898 | |
| 31-12-2022 | full format | 30-06-2023 | 2023-00191120 | |
| 31-12-2021 | full format | 13-07-2022 | 2022-20189258 | |
| 31-12-2020 | full format | 30-06-2021 | 2021-30200320 | |
| 31-12-2019 | full format | 09-07-2020 | 2020-28300496 | |
| 31-12-2018 | full format | 27-06-2019 | 2019-23100448 | |
| 31-12-2017 | full format | 21-06-2018 | 2018-21200456 | |
| 31-12-2016 | full format | 21-06-2017 | 2017-20100267 |
Board & ownership
Directors
Directors
3 directors, last change in 2025
Jean-Luc LOUIS
Current
Independent director · since 01-01-2023 · 6-year term from 2023 · listed in the 2025 annual accounts, filed on 25-06-2026
Claude BEREND
Current
Director · since 07-03-2023 · 6-year term from 2023 · listed in the 2025 annual accounts, filed on 25-06-2026
Kris Mercelis
Current
Director · since 22-08-2025 · 6-year term from 2025 · listed in the 2025 annual accounts, filed on 25-06-2026
Owners and capital
Shareholders
1 ownerChain of control
- CAMASA
- EDEBEX
Owners 1
- CAMASAparentSourceaccounts CAMASA 2024Equity €68.0m Profit of €841,104 in 2024 (profit of €1.2m in 2023)65.62%
Mandate history
7 people, 3 in office
- Board
- Day-to-day management
- Statutory auditor
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| Jean-Luc LOUIS |
|
| Claude BEREND |
|
| Kris Mercelis |
|
| Wim De Ridder |
|
| Stéphane NOLF |
|
| David VAN DER LOOVEN |
|
| Mélissa LUCAS |
|
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
-
100%
Connections & network
3 current directorsThe network starts from the directors of EDEBEX. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
08-09
Gazette deed
Power of attorney: Thomas BOËRY2 points ▸
Gazette deed
Power of attorney: Thomas BOËRY
2 points ▸
- Board meeting, 17-06-2026
- Power of attorney, Thomas BOËRY
25-06
full format · 36 days before the deadline
2025
15-10
Gazette deed
Power of attorney: Kris Mercelis2 points ▸
Gazette deed
Power of attorney: Kris Mercelis
2 points ▸
- Board meeting, 06-10-2025
- Power of attorney, Kris Mercelis, mentioned 2 times in the deed
12-09
Gazette deed
Appointment: Kris Mercelis (director)Resignation: Wim De Ridder (director) · Director discharge · Power of attorney6 points ▸
Gazette deed
Appointment: Kris Mercelis (director)
Resignation: Wim De Ridder (director) · Director discharge · Power of attorney6 points ▸
- General meeting, 22-08-2025
- Director appointment, Kris Mercelis (director)
- Director resignation, Wim De Ridder (director)
- Director discharge, Wim De Ridder (director)
- Power of attorney, Philippe Steinfeld
- Power of attorney, Valentine Pacco
19-08
Gazette deed
Powers of attorney: David VAN DER LOOVEN, Esther VAN DIJK and Thomas BOËRY5 points ▸
Gazette deed
Powers of attorney: David VAN DER LOOVEN, Esther VAN DIJK and Thomas BOËRY
5 points ▸
- Board meeting, “prises par écrit, sans réunion, Conseil d'administration” (deed in French)
- Power of attorney, David VAN DER LOOVEN
- Power of attorney, Esther VAN DIJK
- Power of attorney, Thomas BOËRY
- Other provision, “publication des décisions, seront publiées aux Annexes du Moniteur belge” (deed in French)
03-07
full format · 28 days before the deadline
2024
31-12
Financial
Highest result from 2018 to 2025net €1.8m ▲12.2%
The operating result of €2.0m and the net result of €1.8m are both a record.
31-12
Financial
Equity above €5mequity €6.4m ▲39.8%
After 4 profitable years in a row, equity reaches €6.4m.
14-10
Gazette deed
Power of attorney: Azza El Ajri2 points ▸
Gazette deed
Power of attorney: Azza El Ajri
2 points ▸
- Board meeting, 01-03-2024
- Power of attorney, Azza El Ajri
28-06
full format · 33 days before the deadline
04-04
Gazette deed
Reappointment: Stéphane NOLF (réviseur agréé)2 points ▸
Gazette deed
Reappointment: Stéphane NOLF (réviseur agréé)
2 points ▸
- General meeting, 20-06-2023
- Auditor reappointment, Stéphane NOLF (réviseur agréé)
2023
30-06
full format · 31 days before the deadline
Show earlier events
15-05
Gazette deed
2 directors appointed, 1 director resigning, 2 reappointedReappointments: Claude BEREND (director) and Wim DE RIDDER (director and managing director) · Resignation: David VAN DER LOOVEN (director) · Appointments: Jean-Luc LOUIS (independent director) and Mélissa LUCAS (réviseur agréé)10 points ▸
Gazette deed
2 directors appointed, 1 director resigning, 2 reappointed
Reappointments: Claude BEREND (director) and Wim DE RIDDER (director and managing director) · Resignation: David VAN DER LOOVEN (director) · Appointments: Jean-Luc LOUIS (independent director) and Mélissa LUCAS (réviseur agréé)10 points ▸
- General meeting, 07-03-2023
- Director reappointment, Claude BEREND (director)
- Director reappointment, Wim DE RIDDER (director and managing director)
- Director discharge, Claude BEREND
- Director discharge, Wim DE RIDDER
- Director resignation, David VAN DER LOOVEN (director)
- Director discharge, David VAN DER LOOVEN
- Director appointment, Jean-Luc LOUIS (independent director)
- Auditor appointment, Mélissa LUCAS (réviseur agréé)
- Other provision, “réviseur en fonction” (deed in French)
04-05
Gazette deed
Powers of attorney: Esther VAN DIJK and David VAN DER LOOVEN4 points ▸
Gazette deed
Powers of attorney: Esther VAN DIJK and David VAN DER LOOVEN
4 points ▸
- Board meeting, 24-03-2023
- Power of attorney, Esther VAN DIJK
- Power of attorney, David VAN DER LOOVEN
- Other provision, “Annexes du Moniteur belge, publication des décisions” (deed in French)
2022
31-12
Financial
Equity above €2mequity €3.0m ▲57.5%
After 2 profitable years in a row, equity reaches €3.0m.
13-07
full format · 18 days before the deadline
2021
31-12
Financial
Back to profitnet €1.2m
The net result is €1.2m, after 3 loss-making years.
31-12
Financial
Equity above €1mequity €1.9m ▲134%
Equity rises from €822,250 to €1.9m.
30-06
full format · 31 days before the deadline
2020
09-07
full format · 22 days before the deadline
2019
31-12
Financial
Weakest financial yearnet -€860,934
The net result drops to -€860,934, the lowest from 2018 to 2025. It recovers the following year.
31-12
Financial
Equity above €1mequity €1.3m ▲187%
Equity rises from €444,107 to €1.3m.
27-06
full format · 34 days before the deadline
2018
21-06
full format · 40 days before the deadline
2017
21-06
full format · 40 days before the deadline
2013
05-02
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
EDEBEX in French
Enterprise number
0502.697.352
LEI code
699400H3IT62FH7C5M64
live in the LEI register
Legal form
Public limited company
Status
Active, normale toestand
Founded
23-01-2013
Entity type
Legal entity
Registered office and establishments
Registered office
Jules Cockxstraat 8-10, 1160 Oudergem, Belgium
Establishment unit
Jules Cockxstraat 8-10, 1160 Oudergem since 23-01-2013 · unit number 2.216.640.931
Activities
NACEBEL 2025VAT activities
63910
Web portal activities main activity
Social security (RSZ) activities
63910
Web portal activities main activity
Codes under NACEBEL 2008
VAT activities
63120
Computing infrastructure, data processing, hosting and other information service activities main activity
Social security (RSZ) activities
63120
Computing infrastructure, data processing, hosting and other information service activities main activity
Joint committee
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025
Invoicing and payment
VAT number
BE 0502.697.352
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
6,167 m²
Building footprint
3,214 m²
Building volume
60,589 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21002A0104/00R006 | Brussels | 6,167 m² | 1 · 3,214 m² | 26.6 m · 6 |