Edel Maex
ActiveThe computed 12-month bankruptcy probability of Edel Maex is 2.1% (moderate). The 2025 annual accounts show equity of €230k and a net result of €35k. Equity is growing by ~29% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-19
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 39.42 against 6.14 in 2024; short-term debt: 2.5% and cash: 92.1% of total assets), and 2.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
97.5%
Return on assets
14.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 · 4 filingsDeviation from the deadline
2025
7 d late
2024
on the day
2023
61 d late
2022
60 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€230k▲ 17.7%
2024 · €195k
2022: €89k
2023: €144k
2024: €195k
2022 → 2025
Total assets
€236k▲ 1.1%
2024 · €233k
2022: €154k
2023: €237k
2024: €233k
2022 → 2025
Net result
€35k▼ 33.0%
2024 · €52k
2022: €89k
2023: €55k
2024: €52k
2022 → 2025
Working capital
€229k▲ 17.2%
2024 · €195k
2022: €89k
2023: €144k
2024: €195k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€89k-€144k▲ 61.6%€195k▲ 35.8%€230k▲ 17.7%
Operating result€131k-€80k▼ 38.5%€76k▼ 6.0%€51k▼ 32.9%
Net result€89k-€55k▼ 38.3%€52k▼ 6.0%€35k▼ 33.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 33% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €236k
Fixed assets
€1k
Current assets
€235k
Equity and liabilities €236k
Equity
€230k▲ 17.7%
Debt
€6k▼ 84.3%
The debt ratio falls from 16.3% to 2.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k
Cash flow
€35k
Solvency
97.5%▲
2024 · 83.7%
Current ratio
39.42▲
2024 · 6.14
Quick ratio
39.42▲
2024 · 6.14
Debt / equity
0.03▼
2024 · 0.19
ROE
15.0%▼
2024 · 26.4%
ROA
14.6%▼
2024 · 22.1%
Debt
€6k▼
2024 · €38k
Debt ≤ 1 year
€6k▼
2024 · €38k
Income taxes
€16k▼
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€233k€236k▲
Fixed assets21/28-€1k
Tangible fixed assets22/27-€1k
Furniture and vehicles24-€1k
Current assets29/58€233k€235k▲
Amounts receivable within one year40/41€8k€17k▲
Trade receivables40€7k€17k▲
Other amounts receivable41€886€886=
Cash at bank and in hand54/58€225k€217k▼
Deferred charges and accrued income490/1€235€235=
Equity and liabilities
Total equity and liabilities10/49€233k€236k▲
Equity10/15€195k€230k▲
Contributions10/11€100€100=
Reserves13€195k€230k▲
Distributable reserves133€195k€230k▲
Amounts payable17/49€38k€6k▼
Amounts payable within one year42/48€38k€6k▼
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Advances received on contracts in progress46€7k€630▼
Taxes, remuneration and social security45€26k€1k▼
Taxes450/3€26k€1k▼
Other amounts payable47/48€5k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€93
Other operating charges640/8€574€520▼
Gross operating margin9900€76k€51k▼
Operating profit (loss)9901€76k€51k▼
Profit (loss) for the period before taxes9903€76k€51k▼
Income taxes67/77€24k€16k▼
Profit (loss) for the period9904€52k€35k▼
Profit (loss) for the period to be appropriated9905€52k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€35k▼
Transfer to equity691/2€52k€35k▼
To other reserves6921€52k€35k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
31-12
Financial
Weakest financial yearnet €35k ▼33%
Net result drops to €35k, the lowest in the series.
31-12
Financial
Liquidity times 6current ratio 39.42
Current ratio from 6.14 to 39.42; short-term debt falls from €38k to €6k.
31-12
Financial
Equity above €200kEq €230k ▲17.7%
4 profitable years in a row build equity to €230k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 6.14
Current ratio from 2.54 to 6.14; short-term debt falls from €94k to €38k.
31-12
Financial
Equity above €150kEq €195k ▲35.8%
3 profitable years in a row build equity to €195k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Equity above €100kEq €144k ▲61.6%
2 profitable years in a row build equity to €144k.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Keizershoevestraat 182610 AntwerpenGround area
286 m²
Building footprint
111 m²
Parcel 11051B0373/00H003, Flanders. Linked by address, not a title deed.
1 establishment unit
Edel Maex
since 20212.318.576.350
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051B0373/00H003 | Flanders | 286 m² | 1 · 111 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2021
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.