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EDES

Active Public limited companyfounded 2001active for 25 yearsAvenue de la Concorde 65, 4100 SeraingKBO/BCE: BE 0474.970.297 subsidiary of
Part of the group 99 companies in 4 countries

Lifetime

20 annual accounts with figures on one time axis, 25 filings since 2001
peak €7.1m (2020)
-not published
lowest -€59,499 (2006)
€54,067▲ €60,664
peak €2.0m (2020)
€941,539▲ 6.1%
€1.6m▼ 21.2%
peak 18.8 FTE (2012)
15.2 FTE▼ 5.0%
Board4 names since 2017
- 
Owners3 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
17-07-202614 days before the deadline
2025abbreviated format
Back to profit: €54,067Debts from €2.0m to €1.6mCash from €59,689 to €40,534

Key points

from the 2025 annual accounts

Equity

€941,539 from €2.0m in 2020

Equity fell by 53% in 5 years.

Result

€54,067 €54,067
-€6,6002024€54,1002025

Back in profit in 2025, after a loss of €6,597 in 2024.

Turnover

≈ €4.0m estimated

The accounts state no turnover.

Investments

€61,831 0.3 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

15 employees on 31-12-2025
312021212022122023122024242025

In 2025, 2 people joined and 4 left.

Position in the sector

€941,539

More equity than 81% of companies in retail trade. Sector median €315,153 · 13,237 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,769 companies had the same profile as EDES has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% 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 14,769 companies, not a prediction for EDES. 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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Signals

Board and ownership

Managing director
  • 100%score equity €143.5m (2025) · annual accounts 2025
Board & ownership

Recent changes

Permanent representative: General meeting of 20-06-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0474970297
Reappointment: (statutory auditor) General meeting of 16-06-2023 · Gazette deed
Appointment: (managing director) “L’achat,la vente,la prise en location,la mise en location,le leasing,le prêt,la mise à disposition,le dépôt,la…” (deed in French) · Gazette deed
All 40 events

Comparable companies

same main activity, similar in size and age
Company
EDES Seraing €2.5m €1.0m 37.7% 15.2
MANICO Oupeye €3.0m €1.2m 38.1% 15.1
BOUWSHOPPING VERHEYEN Maasmechelen €3.3m €1.1m 46.4% 14.2
Kevok Houthandel Genk €2.5m €0.9m 34.4% 11.8
DESCHACHT DOE HET ZELF Lochristi €2.2m €1.1m 75.2% 12
BRICOLIGHT Gerpinnes €2.4m €0.7m 22.8% 12

These companies have the same main activity as EDES: retail sale of hardware, building materials, paint and glass (general range) (NACE 47521). They are comparable in size and age: total assets between €2.2m and €3.3m, founded between 1994 and 1999.

Official details

Source: KBO
Status
Active since 11-06-2001Normal situation
Activity
Retail sale of hardware, building materials, paint and glass (general range)NACE 47521
Joint committee
201Independent retail · annual accounts 2025
Establishment units
2.095.156.5474100 Seraing, since 16-08-2001
2.161.026.6736700 Arlon, since 01-12-2005
Financial year end
31 December
Peppol
Reachable since 15-12-2025
Company details

Annual accounts 2025

€2.5m▼ 12.7%
Employeeson 31-12-2025
15▼ 11.8%
Filing
Filed on 17-07-2026, 14 days before the end of the filing period
Financials

Companies linked to EDES

Parent and group

Insights on EDES

Solvency rose in 2025 from 31.0% to 37.7% because of the retained profit and lower debts.

holds all the shares. In January 2022, 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 EDES

What is the company number of EDES?
The company number of EDES is 0474.970.297. The VAT number is the same number with BE in front: BE 0474.970.297.
Where is EDES based?
The registered office is at Avenue de la Concorde 65, 4100 Seraing.Company details
What does EDES do?
According to the KBO register, the main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521).
What is the legal form of EDES?
EDES is a public limited company (NV).
When was EDES founded?
EDES was founded on 11-06-2001.
Is EDES still active?
Yes, EDES is an active enterprise in the KBO register.
How many employees does EDES have?
EDES had an average of 15.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does EDES fall under?
In its 2025 annual accounts, EDES states joint committee 201 (Independent retail).
What is the turnover of EDES?
The turnover in financial year 2025 is ≈ €4.0m. This figure is estimated from the gross margin of €1.0m and 87 comparable companies (NACE 47). It probably lies between €2.4m and €7.3m. In financial year 2022 turnover was €6.1m.
Is EDES profitable?
In financial year 2025, EDES made a profit of €54,067.
Where can I find the annual accounts of EDES?
EDES filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EDES due?
EDES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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