Edge.be
ActiveSummary
Edge.be has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2,645 and a net result of €2,213. Equity is shrinking by ~25.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 20% of 90 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▲+56
Solvency25=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Telecommunications (NACE 61)
about 159% more 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
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
Solvency
0.2%
Return on assets
0.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 90 sector peers (2024).
NBB · sector comparisonPosition among 90 sector peers
Solvency
better than 20%
← weakest
strongest →
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 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
on the day
2022
4 d early
2021
17 d late
2020
24 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 8 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€2,645▲ 513%
2023 · €432
Total assets
€1.2m▲ 42.3%
2023 · €820,228
Net result
€2,213
2023 · -€45,480
Working capital
-€37,010
2023 · €101,716
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
Line20202021202220232024
Operating result€22,365▼ 26.6%€12,495▼ 44.1%-€20,707-€30,545▼ 47.5%€3,761
Net result€7,685▼ 20.8%-€10,438-€31,063▼ 198%-€45,480▼ 46.4%€2,213
Equity€109,413▲ 7.6%€76,975▼ 29.6%€45,912▼ 40.4%€432▼ 99.1%€2,645▲ 513%
Total assets€558,179▲ 5.4%€723,673▲ 29.6%€655,677▼ 9.4%€820,228▲ 25.1%€1.2m▲ 42.3%
Debt€448,767▲ 4.9%€646,698▲ 44.1%€609,764▼ 5.7%€819,796▲ 34.4%€1.2m▲ 42.0%
Working capital€107,204▲ 50.0%€56,886▼ 46.9%-€16,651€101,716-€37,010
Staff (FTE)7.6▲ 18.8%7▼ 7.9%7.2▲ 2.9%6.8▼ 5.6%6.2▼ 8.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €3,761 after a loss of €30,545 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.2m
Fixed assets
€164,625 ▲ 295%
Current assets
€1.0m ▲ 28.7%
Equity and liabilities €1.2m
Equity
€2,645 ▲ 513%
Debt
€1.2m ▲ 42.0%
Debt's share of the balance-sheet total falls from 99.9% to 99.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€32,349▲
2023 · €242
Cash flow
€30,801▲
2023 · -€14,693
Current ratio
0.96▼
2023 · 1.15
Quick ratio
0.90▼
2023 · 1.05
ROE
83.7%
ROA
0.2%▲
2023 · -5.5%
Interest coverage
17.93▲
2023 · 0.08
Debt ≤ 1 year
€1.0m▲
2023 · €676,831
Debt > 1 year
€121,000=
2023 · €121,000
Staff costs
€404,411▼
2023 · €404,984
A ratio outside any meaningful range has been withheld (balance sheet total €1.2m, equity €2,645).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,081 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
0.8%
went bankrupt
2.2%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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 1,081 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €410,658 | €400,656 | €404,984 | €404,411 | ▼ 0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,431 | €5,899 | €30,743 | €30,787 | €28,588 | ▼ 7.1% |
| Other operating charges640/8 | - | €3,689 | €4,655 | €3,900 | €4,839 | ▲ 24.1% |
| Gross operating margin9900 | €401,457 | €432,741 | €415,347 | €409,126 | €441,598 | ▲ 7.9% |
| Operating profit (loss)9901 | €22,365 | €12,495 | -€20,707 | -€30,545 | €3,761 | ▲ 112% |
| Financial income75/76B | - | - | €1 | €2 | €257 | ▲ 12,798% |
| Recurring financial income75 | €1 | - | €1 | €2 | €257 | ▲ 12,798% |
| Financial charges65/66B | - | €17,187 | €2,149 | €2,866 | €1,804 | ▼ 37.1% |
| Recurring financial charges65 | €5,728 | €17,187 | €2,149 | €2,866 | €1,804 | ▼ 37.1% |
| Profit (loss) for the period before taxes9903 | €11,256 | -€4,692 | -€22,855 | -€33,409 | €2,213 | ▲ 107% |
| Income taxes67/77 | €3,571 | €5,746 | €8,208 | €12,071 | - | - |
| Profit (loss) for the period9904 | €7,685 | -€10,438 | -€31,063 | -€45,480 | €2,213 | ▲ 105% |
| Transfer from tax-exempt reserves789 | - | €52,500 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €7,685 | €42,063 | -€31,063 | -€45,480 | €2,213 | ▲ 105% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €558,179 | €723,673 | €655,677 | €820,228 | €1.2m | ▲ 42.3% |
| Fixed assets21/28 | €22,576 | €20,089 | €68,814 | €41,680 | €164,625 | ▲ 295% |
| Intangible fixed assets21 | - | - | €53,333 | €26,667 | €150,000 | ▲ 463% |
| Tangible fixed assets22/27 | €12,626 | €10,139 | €7,330 | €6,864 | €6,475 | ▼ 5.7% |
| Land and buildings22 | - | €2,281 | €2,147 | €2,013 | €1,879 | ▼ 6.7% |
| Plant, machinery and equipment23 | - | €3,112 | €2,584 | €923 | €708 | ▼ 23.3% |
| Furniture and vehicles24 | - | €4,746 | €2,600 | €3,928 | €3,888 | ▼ 1.0% |
| Financial fixed assets28 | €9,950 | €9,950 | €8,150 | €8,150 | €8,150 | = |
| Current assets29/58 | €535,603 | €703,584 | €586,863 | €778,547 | €1.0m | ▲ 28.7% |
| Stocks and contracts in progress3 | - | - | - | €70,465 | €70,465 | = |
| Stocks30/36 | - | - | - | €70,465 | €70,465 | = |
| Amounts receivable within one year40/41 | €527,199 | €683,164 | €552,245 | €677,478 | €920,487 | ▲ 35.9% |
| Trade receivables40 | - | €607,047 | €552,245 | €668,478 | €920,477 | ▲ 37.7% |
| Other amounts receivable41 | - | €76,117 | - | €9,000 | €10 | ▼ 99.9% |
| Cash at bank and in hand54/58 | €4,257 | €12,009 | €32,553 | €27,818 | €8,890 | ▼ 68.0% |
| Deferred charges and accrued income490/1 | - | €8,411 | €2,065 | €2,786 | €2,509 | ▼ 9.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €558,179 | €723,673 | €655,677 | €820,228 | €1.2m | ▲ 42.3% |
| Equity10/15 | €109,413 | €76,975 | €45,912 | €432 | €2,645 | ▲ 513% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €146,641 | €94,141 | €94,141 | €94,141 | €94,141 | = |
| Non-distributable reserves130/1 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Distributable reserves133 | - | €87,944 | €87,944 | €87,944 | €87,944 | = |
| Profit (loss) carried forward14 | -€99,229 | -€79,166 | -€110,229 | -€155,710 | -€153,496 | ▲ 1.4% |
| Amounts payable17/49 | €448,767 | €646,698 | €609,764 | €819,796 | €1.2m | ▲ 42.0% |
| Amounts payable after more than one year17 | - | - | - | €121,000 | €121,000 | = |
| Financial debts170/4 | - | - | - | €121,000 | €121,000 | = |
| Amounts payable within one year42/48 | €428,399 | €646,698 | €603,514 | €676,831 | €1.0m | ▲ 53.6% |
| Current portion of amounts payable after more than one year42 | - | €1,785 | - | - | - | - |
| Trade debts44 | €157,693 | €113,677 | €130,653 | €269,139 | €457,272 | ▲ 69.9% |
| Suppliers440/4 | - | €113,677 | €130,653 | €269,139 | €457,272 | ▲ 69.9% |
| Advances received on contracts in progress46 | - | €4,720 | €4,720 | €21,742 | €46,406 | ▲ 113% |
| Taxes, remuneration and social security45 | - | €167,302 | €125,720 | €69,701 | €102,780 | ▲ 47.5% |
| Taxes450/3 | - | €85,807 | €61,071 | €47,570 | €75,107 | ▲ 57.9% |
| Remuneration and social security454/9 | - | €81,495 | €64,649 | €22,132 | €27,672 | ▲ 25.0% |
| Other amounts payable47/48 | - | €359,215 | €342,421 | €316,249 | €432,904 | ▲ 36.9% |
| Accrued charges and deferred income492/3 | - | - | €6,251 | €21,965 | €3,970 | ▼ 81.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,685 | -€10,438 | -€31,063 | -€45,480 | €2,213 | ▲ 105% |
| + Depreciation and write-downs630 | €10,431 | €5,899 | €30,743 | €30,787 | €28,588 | ▼ 7.1% |
| Operating cash flow (approximation) | €18,116 | -€4,538 | -€320 | -€14,693 | €30,801 | ▲ 310% |
| Investment in fixed assets (approximation) | - | -€3,412 | -€79,468 | -€3,654 | -€151,532 | ▼ 4,047% |
| Change in cash | - | €7,752 | €20,544 | -€4,735 | -€18,928 | ▼ 300% |
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
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €2,213
Net result €2,213 after 3 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€45,480
Net result drops to -€45,480, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 17 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Highest result since 2018net €9,707 ▲463%
Net result €9,707, the highest in the series.
31-12
Financial
Equity above €100,000Eq €101,728 ▲10.5%
2 profitable years in a row build equity to €101,728.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Antwerpen · 1 establishment unit since 1997
Ground area
1,034 m²
Building footprint
446 m²
Volume, LiDAR
4,366 m³
Parcel 11807G0200/00S004, Flanders · tallest building 15.7 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
EDGE.BE
since 19972.079.969.911
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0200/00S004 | Flanders | 1,034 m² | 1 · 446 m² | 15.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,376 EUR awarded · 1,376 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,376 EUR | 1,376 EUR |
Schemes
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Of 1,372 companies in sector 61100 we hold annual accounts for 585. 120 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
Founded10-01-1997
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0459777624
Also
9925:BE0459777624
Registered
07-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.