EDESSTA
ActiveThe computed 12-month bankruptcy probability of EDESSTA is 7.7% (elevated). The 2024 annual accounts show negative equity (€-453k) and a net result of €-111k. Equity is shrinking by ~88.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 26052 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
31
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
7.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 82.22 against 7.82 in 2023; short-term debt: 1.2% and cash: 98.9% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Return on assets
-376.1%
Age of the figures
21 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-453k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
44 d early
2022
25 d early
2021
45 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-453k▼ 32.3%
2023 · €-343k
2021: €85k
2022: €-56k
2023: €-343k
2021 → 2024
Total assets
€29k▼ 81.9%
2023 · €163k
2021: €197k
2022: €215k
2023: €163k
2021 → 2024
Net result
€-111k▲ 61.5%
2023 · €-287k
2021: €-115k
2022: €-141k
2023: €-287k
2021 → 2024
Working capital
€29k▼ 51.8%
2023 · €60k
2021: €118k
2022: €88k
2023: €60k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€85k-€-56k€-343k▼ 518%€-453k▼ 32.3%
Operating result€-115k-€-138k▼ 20.2%€-279k▼ 103%€-55k▲ 80.2%
Net result€-115k-€-141k▼ 22.9%€-287k▼ 104%€-111k▲ 61.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €55k in 2024 against €279k in 2023; the loss shrinks.
Key figures and ratios
EBITDA
€-55k▲
2023 · €-262k
Cash flow
€-110k▲
2023 · €-270k
Current ratio
82.22▲
2023 · 7.82
Quick ratio
82.22▲
2023 · 2.43
Debt / equity
-1.06▲
2023 · -1.47
ROA
-376.1%▼
2023 · -176.5%
Interest coverage
-6.21▲
2023 · -30.24
Debt
€483k▼
2023 · €506k
Debt ≤ 1 year
€358▼
2023 · €9k
Debt > 1 year
€465k▼
2023 · €487k
Staff costs
€30k▼
2023 · €129k
A ratio outside any meaningful range has been withheld (balance sheet total €29k, equity €-453k).
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€163k€29k▼
Fixed assets21/28€94k-
Intangible fixed assets21€4k-
Tangible fixed assets22/27€66k-
Furniture and vehicles24€36k-
Other tangible fixed assets26€31k-
Financial fixed assets28€23k-
Current assets29/58€69k€29k▼
Stocks and contracts in progress3€48k-
Stocks30/36€48k-
Amounts receivable within one year40/41€2k€329▼
Other amounts receivable41€2k€329▼
Cash at bank and in hand54/58€19k€29k▲
Equity and liabilities
Total equity and liabilities10/49€163k€29k▼
Equity10/15€-343k€-453k▼
Contributions10/11€200k€200k=
Profit (loss) carried forward14€-543k€-653k▼
Amounts payable17/49€506k€483k▼
Amounts payable after more than one year17€487k€465k▼
Other amounts payable178/9€487k€465k▼
Amounts payable within one year42/48€9k€358▼
Trade debts44€8k€85▼
Suppliers440/4€8k€85▼
Taxes, remuneration and social security45€432-
Remuneration and social security454/9€432-
Other amounts payable47/48€144€273▲
Accrued charges and deferred income492/3€10k€18k▲
Income statement
Code20232024
Remuneration, social security and pensions62€129k€30k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€256▼
Other operating charges640/8€3k€1k▼
Gross operating margin9900€-130k€-23k▲
Operating profit (loss)9901€-279k€-55k▲
Financial income75/76B€1€804▲
Recurring financial income75€1€804▲
Financial charges65/66B€9k€56k▲
Recurring financial charges65€9k€9k▲
Non-recurring financial charges66B-€47k
Profit (loss) for the period before taxes9903€-287k€-111k▲
Profit (loss) for the period9904€-287k€-111k▲
Profit (loss) for the period to be appropriated9905€-287k€-111k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-543k€-653k▼
Profit (loss) brought forward from the previous period14P€-256k€-543k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 11current ratio 82.22
Current ratio from 7.82 to 82.22; short-term debt falls from €9k to €358.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-287k
Net result drops to €-287k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Anderlecht · 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.
Frankrijkstraat 951070 AnderlechtGround area
1,304 m²
Building footprint
755 m²
Volume, LiDAR
9,144 m³
2 parcels, Brussels · tallest building 21.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Georges Henrilaan 466-468, 1200 Sint-Lambrechts-Woluwe
since 20212.321.958.482
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0158/00M021 | Brussels | 812 m² | 1 · 286 m² | 13.5 m · 3 fl. |
| 21305C0329/00Y006 | Brussels | 492 m² | 1 · 470 m² | 21.8 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,979 companies in sector 47120 we hold annual accounts for 2,186. 1,533 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-2021
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.