EDERS
ActiveSummary
EDERS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.7m and a net result of €406,834. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 56% of 4577 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+1
Solvency70▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €480,000 at 30 days acceptable
Liquidity short (current ratio 0.09 against 0.08 in 2024; short-term debt: 35.5% and cash: 2.4% of total assets), and 54.6% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
45.4%
Return on assets
2.8%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
32 d early
2023
23 d early
2022
31 d early
2021
31 d early
2020
29 d early
2019
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#2 company by total assets in Rumst, Real estate sector#2 company by equity in Rumst, Real estate sector#6 oldest company in Rumst, Real estate sector
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0▼ 100%
2022 · €9,075
EBIT margin
-352.5%▼ 437.0pp
2021 · 84.5%
Net result
€406,834▲ 48.7%
2024 · €273,591
Working capital
-€4.8m▼ 31.4%
2024 · -€3.6m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€104,842=€9,075▼ 91.3%€0▼ 100%
Operating result€88,582▼ 9.2%-€31,987€116,750€498,024▲ 327%€736,864▲ 48.0%
Net result€66,514▼ 10.9%-€29,932€77,796€273,591▲ 252%€406,834▲ 48.7%
EBIT margin84.5%▼ 8.5pp-352.5%▼ 437.0pp
Equity€71,053▼ 16.0%€41,121▼ 42.1%€6.0m▲ 14,507%€6.3m▲ 4.6%€6.7m▲ 6.5%
Total assets€427,306▼ 20.3%€417,870▼ 2.2%€11.0m▲ 2,538%€13.2m▲ 20.1%€14.7m▲ 11.2%
Debt€118,070▼ 44.7%€138,566▲ 17.4%€4.6m▲ 3,232%€6.5m▲ 40.0%€7.6m▲ 17.5%
Working capital€88,147▼ 13.4%€72,830▼ 17.4%-€712,891-€3.6m▼ 408%-€4.8m▼ 31.4%
Staff (FTE)
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 48% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.7m
Fixed assets
€14.2m ▲ 10.3%
Current assets
€468,728 ▲ 44.6%
Equity and liabilities €14.7m
Equity
€6.7m ▲ 6.5%
Provisions
€436,464 ▼ 11.4%
Debt
€7.6m ▲ 17.5%
Debt's share of the balance-sheet total rises from 48.8% to 51.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.3m▲
2024 · €1.1m
Cash flow
€981,869▲
2024 · €880,394
Current ratio
0.09▲
2024 · 0.08
Debt to equity
1.14▲
2024 · 1.03
ROE
6.1%▲
2024 · 4.4%
ROA
2.8%▲
2024 · 2.1%
Interest coverage
6.40▼
2024 · 7.40
Debt ≤ 1 year
€5.2m▲
2024 · €3.9m
Debt > 1 year
€2.4m▼
2024 · €2.5m
Income taxes
€152,862▲
2024 · €101,974
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,832 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 98% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.1%
went bankrupt
2.0%
stopped otherwise
98%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,832 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €119,008 | €9,075 | €666,006 | €1.4m | €1.4m | ▲ 3.0% |
| Turnover70 | €104,842 | €9,075 | €0 | - | - | - |
| Other operating income74 | €14,166 | €0 | €666,006 | €1.4m | €1.4m | ▲ 3.0% |
| Non-recurring operating income76A | - | - | - | - | €711 | - |
| Operating charges60/66A | €30,426 | €41,062 | €549,256 | €857,888 | €659,976 | ▼ 23.1% |
| Services and other goods61 | €15,811 | €26,448 | €59,837 | €101,501 | €96,554 | ▼ 4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €428,035 | €606,803 | €575,035 | ▼ 5.2% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €121,346 | -€29,961 | ▼ 125% |
| Other operating charges640/8 | €14,614 | €14,614 | €61,384 | €28,238 | €18,348 | ▼ 35.0% |
| Operating profit (loss)9901 | €88,582 | -€31,987 | €116,750 | €498,024 | €736,864 | ▲ 48.0% |
| Financial income75/76B | €2,563 | €2,094 | €3,144 | €0 | €2,639 | - |
| Recurring financial income75 | €2,563 | €2,094 | €3,144 | €0 | €2,639 | - |
| Income from current assets751 | €2,563 | €2,094 | €3,144 | €0 | €2,639 | - |
| Financial charges65/66B | €212 | €271 | €22,130 | €150,524 | €206,106 | ▲ 36.9% |
| Recurring financial charges65 | €212 | €271 | €22,130 | €150,524 | €206,106 | ▲ 36.9% |
| Debt charges650 | €28 | €0 | €11,256 | €149,330 | €205,055 | ▲ 37.3% |
| Other financial charges652/9 | €185 | €271 | €10,874 | €1,194 | €1,051 | ▼ 11.9% |
| Profit (loss) for the period before taxes9903 | €90,933 | -€30,164 | €97,764 | €347,500 | €533,396 | ▲ 53.5% |
| Transfer from deferred taxes780 | - | - | €14,033 | €28,065 | €26,300 | ▼ 6.3% |
| Income taxes67/77 | €24,419 | -€232 | €34,000 | €101,974 | €152,862 | ▲ 49.9% |
| Taxes670/3 | €24,500 | €0 | €34,000 | €102,000 | €153,113 | ▲ 50.1% |
| Tax adjustments and reversals of tax provisions77 | €81 | €232 | €0 | €26 | €251 | ▲ 858% |
| Profit (loss) for the period9904 | €66,514 | -€29,932 | €77,796 | €273,591 | €406,834 | ▲ 48.7% |
| Transfer from tax-exempt reserves789 | - | - | €157,480 | €164,242 | €54,571 | ▼ 66.8% |
| Profit (loss) for the period to be appropriated9905 | €66,514 | -€29,932 | €235,276 | €437,833 | €461,405 | ▲ 5.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €427,306 | €417,870 | €11.0m | €13.2m | €14.7m | ▲ 11.2% |
| Fixed assets21/28 | €221,701 | €221,701 | €9.8m | €12.9m | €14.2m | ▲ 10.3% |
| Tangible fixed assets22/27 | €221,701 | €221,701 | €9.8m | €9.1m | €10.4m | ▲ 14.7% |
| Land and buildings22 | €221,701 | €221,701 | €7.8m | €7.2m | €6.7m | ▼ 6.6% |
| Assets under construction and advance payments27 | - | - | €2.0m | €1.9m | €3.7m | ▲ 95.5% |
| Financial fixed assets28 | - | - | - | €3.8m | €3.8m | = |
| Affiliated companies280/1 | - | - | - | €3.8m | €3.8m | = |
| Participating interests280 | - | - | - | €3.8m | €3.8m | = |
| Other financial fixed assets284/8 | - | - | - | €1,500 | €1,500 | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €1,500 | €1,500 | = |
| Current assets29/58 | €205,605 | €196,169 | €1.2m | €324,172 | €468,728 | ▲ 44.6% |
| Stocks and contracts in progress3 | €0 | €0 | - | €0 | €0 | - |
| Amounts receivable within one year40/41 | €200,554 | €182,386 | €1.2m | €147,985 | €108,834 | ▼ 26.5% |
| Trade receivables40 | €0 | - | €716,781 | €111 | €111 | = |
| Other amounts receivable41 | €200,554 | €182,386 | €524,840 | €147,873 | €108,723 | ▼ 26.5% |
| Cash at bank and in hand54/58 | €5,051 | €13,783 | €930 | €176,187 | €359,894 | ▲ 104% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €427,306 | €417,870 | €11.0m | €13.2m | €14.7m | ▲ 11.2% |
| Equity10/15 | €71,053 | €41,121 | €6.0m | €6.3m | €6.7m | ▲ 6.5% |
| Contributions10/11 | €61,500 | €61,500 | €1.7m | €1.7m | €1.7m | = |
| Capital10 | €61,500 | €61,500 | €1.7m | €1.7m | €1.7m | = |
| Issued capital100 | €61,500 | €61,500 | €1.7m | €1.7m | €1.7m | = |
| Reserves13 | €9,553 | €6,150 | €863,416 | €863,416 | €860,111 | ▼ 0.4% |
| Non-distributable reserves130/1 | €6,150 | €6,150 | €55,441 | €55,441 | €78,511 | ▲ 41.6% |
| Legal reserve130 | €6,150 | €6,150 | €55,441 | €55,441 | €78,511 | ▲ 41.6% |
| Tax-exempt reserves132 | - | - | €489,402 | €325,160 | €270,588 | ▼ 16.8% |
| Distributable reserves133 | €3,403 | €0 | €318,574 | €482,816 | €511,012 | ▲ 5.8% |
| Profit (loss) carried forward14 | - | -€26,529 | €3.4m | €3.7m | €4.1m | ▲ 11.1% |
| Provisions and deferred taxes16 | €238,184 | €238,184 | €399,443 | €492,724 | €436,464 | ▼ 11.4% |
| Provisions for liabilities and charges160/5 | €238,184 | €238,184 | €238,184 | €359,530 | €329,569 | ▼ 8.3% |
| Major repairs and maintenance162 | €238,184 | €238,184 | €238,184 | €359,530 | €329,569 | ▼ 8.3% |
| Deferred taxes168 | - | - | €161,259 | €133,194 | €106,894 | ▼ 19.7% |
| Amounts payable17/49 | €118,070 | €138,566 | €4.6m | €6.5m | €7.6m | ▲ 17.5% |
| Amounts payable after more than one year17 | - | - | €2.7m | €2.5m | €2.4m | ▼ 6.0% |
| Financial debts170/4 | - | - | €2.7m | €2.5m | €2.4m | ▼ 6.0% |
| Credit institutions173 | - | - | €2.7m | €2.5m | €2.4m | ▼ 6.0% |
| Amounts payable within one year42/48 | €117,458 | €123,339 | €2.0m | €3.9m | €5.2m | ▲ 32.5% |
| Current portion of amounts payable after more than one year42 | €0 | - | €138,580 | €144,291 | €150,237 | ▲ 4.1% |
| Financial debts43 | - | - | €27,866 | €0 | - | - |
| Credit institutions430/8 | - | - | €27,866 | €0 | - | - |
| Trade debts44 | €12,958 | €19,071 | €178,368 | €40,852 | €830,610 | ▲ 1,933% |
| Suppliers440/4 | €12,958 | €19,071 | €178,368 | €40,852 | €830,610 | ▲ 1,933% |
| Advances received on contracts in progress46 | - | - | €75,389 | €0 | - | - |
| Taxes, remuneration and social security45 | €24,500 | €24,268 | €34,000 | €33,974 | €68,000 | ▲ 100% |
| Taxes450/3 | €24,500 | €24,268 | €34,000 | €33,974 | €68,000 | ▲ 100% |
| Other amounts payable47/48 | €80,000 | €80,000 | €1.5m | €3.7m | €4.2m | ▲ 12.1% |
| Accrued charges and deferred income492/3 | €612 | €15,227 | €749 | €930 | €941 | ▲ 1.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €66,514 | -€29,932 | €77,796 | €273,591 | €406,834 | ▲ 48.7% |
| + Depreciation and write-downs630 | - | - | €428,035 | €606,803 | €575,035 | ▼ 5.2% |
| Operating cash flow (approximation) | €66,514 | -€29,932 | €505,831 | €880,394 | €981,869 | ▲ 11.5% |
| Investment in fixed assets (approximation) | - | €0 | -€10.0m | -€3.7m | -€1.9m | ▲ 48.9% |
| Change in cash | - | €8,732 | -€12,853 | €175,257 | €183,707 | ▲ 4.8% |
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
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 25 days late
2025
31-12
Financial
Highest result since 2018net €406,834 ▲48.7%
Operating result €736,864, net result €406,834, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €77,796
Net result €77,796 after one loss-making year.
31-12
Financial
Equity above €5mEq €6.0m ▲14,507%
Equity rises from €41,121 to €6.0m.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet -€29,932
Net result drops to -€29,932, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €150,000Eq €189,864 ▲47.6%
2 profitable years in a row build equity to €189,864.
Show earlier events
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
16 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, Rumst · 1 establishment unit since 1991
Ground area
1,030 m²
Building footprint
705 m²
Volume, LiDAR
5,722 m³
2 parcels, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
EDERS NV
since 19912.052.750.226
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11037B0465/00E002 | Flanders | 696 m² | 1 · 600 m² | 11.9 m · 3 fl. |
| 12037B0144/00Y000 | Flanders | 334 m² | 1 · 105 m² | 11.7 m · 3 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2025 annual accounts of EDERS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
MAPI
BE 0423.729.949
Zoersel · Eq €6,689,181
M.D. GESTION
BE 0449.069.814
Marche-en-Famenne · Eq €6,671,915
CASAKOR
BE 0477.964.629
Wevelgem · Eq €6,704,016
IMMO - JACO
BE 0419.587.653
Etterbeek · Eq €6,723,879
POST X GEBOUW 6
BE 0686.863.136
Brussel · Eq €6,730,801
Of 12,042 companies in sector 68203 we hold annual accounts for 5,995. 2,324 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded23-04-1991
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0444064317
Registered
09-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.