EDGEWORKS
Annual accounts 2025
abbreviated format, filed on 03-07-2026, 28 days before the deadline€338,399
▲ 377%
€308,708
▲ 11×
€314,108
▲ 94.4%
-€419,676
▲ €194,192
82.5%
▲ 3.4 percentage points
0.36
▲ 0.27
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.7m. Estimated: probably between €1.1m and €2.9m.
Balance sheet
balance sheet total €3.8m on 31-12-2025What the company ownsHow it is paid for
in €m
in euro
Position in the sector
82.5%
Higher than 86% of 9,902 companies in 2025.
0.36
Higher than 6% of 9,665 companies in 2025.
8.3%
Higher than 70% of 9,780 companies in 2025.
EDGEWORKS
Middle half of the sector
80% of the sector
Abbreviated accounts in wholesale trade (NACE 46)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
3.8m | 3.7m | 3.8m | 3.9m | 3.0m | 3.0m | 1.5m | 1.4m | 1.4m | 1.5m | 1.3m | 1.2m | 1.2m | 1.2m | 1.1m | 287,212 | 38,673 | 803 | |
21/28 |
3.5m | 3.7m | 3.7m | 3.7m | 2.7m | 2.7m | 1.3m | 1.4m | 1.4m | 1.5m | 1.2m | 1.2m | 1.2m | 1.1m | 1.1m | 253,534 | - | - | |
22/27 |
542,968 | 852,253 | 892,213 | 928,958 | 968,606 | 1.0m | 1.0m | 1.1m | 1.1m | 1.2m | 1.2m | 1.2m | 1.2m | 1.1m | 1.1m | 253,534 | - | - | |
22 |
542,968 | 852,253 | 892,213 | 928,958 | 968,606 | 1.0m | 1.0m | 1.1m | 1.1m | 1.2m | 1.2m | 1.2m | 1.2m | 1.1m | 1.1m | 241,292 | - | - | |
24 |
- | - | - | - | - | - | - | - | - | - | - | - | 3,060 | 6,121 | 9,181 | 12,242 | - | - | |
28 |
3.0m | 2.8m | 2.8m | 2.8m | 1.7m | 1.7m | 285,595 | 285,595 | 285,595 | 302,233 | - | - | - | - | - | - | - | - | |
29/58 |
232,720 | 56,765 | 86,457 | 154,046 | 331,721 | 285,533 | 152,325 | 29,025 | 26,499 | 39,603 | 43,670 | 32,315 | 46,833 | 29,963 | 16,532 | 33,678 | 38,673 | 803 | |
40/41 |
27,499 | 8,254 | 4,194 | 8,226 | 25,852 | 27,467 | 17,013 | 14,021 | 8,349 | 1,271 | 19,185 | 3,228 | 7,716 | 4,949 | - | 18,634 | 2,559 | - | |
40 |
1,619 | 2,226 | - | 2,226 | - | 2,226 | 17,013 | 13,371 | 8,349 | 1,271 | 8,821 | - | 52 | - | - | 18,634 | 2,559 | - | |
41 |
25,880 | 6,027 | 4,194 | 6,000 | 25,852 | 25,241 | - | 651 | - | - | 10,364 | 3,228 | 7,665 | 4,949 | - | - | - | - | |
54/58 |
205,221 | 45,266 | 78,465 | 142,788 | 303,131 | 255,506 | 135,162 | 14,854 | 17,820 | 38,033 | 24,485 | 29,087 | 38,562 | 25,015 | 16,532 | 15,044 | 34,964 | 803 | |
490/1 |
- | 3,245 | 3,798 | 3,032 | 2,737 | 2,559 | 150 | 149 | 331 | 300 | - | - | 555 | - | - | - | 1,150 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
3.8m | 3.7m | 3.8m | 3.9m | 3.0m | 3.0m | 1.5m | 1.4m | 1.4m | 1.5m | 1.3m | 1.2m | 1.2m | 1.2m | 1.1m | 287,212 | 38,673 | 803 | |
10/15 |
3.1m | 2.9m | 2.8m | 2.5m | 2.5m | 2.3m | 387,816 | 347,510 | 303,209 | 256,394 | 249,937 | 213,896 | 177,455 | 159,463 | 90,805 | 42,166 | 9,334 | -242,606 | |
10/11 |
1.4m | 1.4m | 1.4m | 1.4m | 1.4m | 1.4m | 6,608 | 6,608 | 6,608 | 6,608 | 6,608 | 6,608 | 6,608 | 6,608 | 6,608 | 6,608 | 6,608 | 6,200 | |
100 |
- | - | - | - | - | - | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 18,592 | |
101 |
- | - | - | - | - | - | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | |
11 |
- | - | - | - | 1.4m | 1.4m | - | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | 1.4m | 1.4m | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
1.5m | 1.3m | 1.2m | 905,132 | 905,132 | 698,861 | 206,900 | 206,900 | 206,900 | 206,900 | 206,900 | 206,900 | 169,900 | 151,900 | 83,900 | 34,900 | 1,900 | 1,859 | |
130/1 |
1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,859 | |
1311 |
1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
1.5m | 1.3m | 1.2m | 903,232 | 903,232 | 696,961 | 205,000 | 205,000 | 205,000 | 205,000 | 205,000 | 205,000 | 168,000 | 150,000 | 82,000 | 33,000 | - | - | |
14 |
169,095 | 169,095 | 169,095 | 169,095 | 174,308 | 174,308 | 174,308 | 134,002 | 89,701 | 42,886 | 36,429 | 388 | 947 | 955 | 297 | 658 | 826 | -250,665 | |
17/49 |
656,886 | 774,324 | 1.0m | 1.4m | 499,876 | 699,607 | 1.1m | 1.1m | 1.1m | 1.3m | 1.0m | 1.0m | 1.0m | 997,409 | 994,061 | 245,045 | 29,339 | 243,409 | |
17 |
3,690 | 103,690 | 141,173 | 350,178 | 425,382 | 555,058 | 981,874 | 966,963 | 1.0m | 1.2m | 911,118 | 972,407 | 942,047 | 883,675 | 856,970 | 175,949 | - | - | |
170/4 |
- | - | 38,033 | 117,038 | 193,682 | 323,358 | 500,174 | 586,263 | 685,173 | 789,219 | 656,118 | 522,407 | 562,047 | 600,103 | 636,640 | 140,949 | - | - | |
178/9 |
3,690 | 103,690 | 103,140 | 233,140 | 231,700 | 231,700 | 481,700 | 380,700 | 355,000 | 390,000 | 255,000 | 450,000 | 380,000 | 283,572 | 220,331 | 35,000 | - | - | |
42/48 |
652,396 | 670,634 | 863,604 | 1.0m | 74,493 | 144,050 | 114,749 | 86,951 | 94,134 | 69,859 | 83,860 | 57,183 | 85,467 | 97,140 | 133,491 | 46,771 | 13,214 | 243,409 | |
42 |
- | 38,033 | 79,005 | 76,644 | 74,379 | 85,453 | 86,179 | 84,355 | 84,065 | 62,144 | 63,302 | 39,640 | 38,056 | 48,295 | 45,509 | 7,281 | - | - | |
44 |
1,481 | 5,015 | 188 | 1,746 | 21 | 4,316 | 14,907 | 25 | 71 | 471 | 18,997 | 14,029 | 39,183 | 27,868 | 47,752 | 3,866 | 1,550 | - | |
440/4 |
1,481 | 5,015 | 188 | 1,746 | 21 | 4,316 | 14,907 | 25 | 71 | 471 | 18,997 | 14,029 | 39,183 | 27,868 | 47,752 | 3,866 | 1,550 | - | |
45 |
40,408 | 242 | 232 | 16,033 | 94 | 281 | 13,663 | 2,571 | 9,998 | 7,244 | 1,560 | 3,515 | 8,228 | 20,976 | 35,578 | 30,973 | 11,664 | 374 | |
450/3 |
40,408 | 242 | 232 | 16,033 | 94 | 281 | 13,663 | 2,571 | 9,998 | 7,244 | 1,560 | 3,515 | 8,228 | 20,976 | 35,578 | 30,973 | 7,824 | 374 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,840 | - | |
47/48 |
610,508 | 627,344 | 784,180 | 941,016 | - | 54,000 | - | - | - | - | - | - | - | - | 4,652 | 4,652 | - | 243,035 | |
492/3 |
800 | - | 770 | - | - | 500 | 1,385 | 750 | 1,780 | 3,215 | 5,255 | 4,725 | 21,671 | 16,595 | 3,600 | 22,325 | 16,125 | - | |
| Income statement | |||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | 6,281 | - | - | - | 4,652 | - | - | - | - | |
9900 |
338,399 | 70,875 | 65,240 | 66,151 | 67,082 | 140,658 | 120,815 | 132,839 | 139,403 | 81,454 | 129,556 | 136,894 | 113,757 | 170,894 | 144,780 | 64,291 | 7,143 | -1,460 | |
62 |
- | - | - | - | - | - | - | - | - | - | 154 | - | - | - | - | - | - | - | |
630 |
26,802 | 39,960 | 39,904 | 39,649 | 39,649 | 39,649 | 39,649 | 39,649 | 39,649 | 39,649 | 39,649 | 42,324 | 39,449 | 36,679 | 40,922 | 11,559 | - | - | |
640/8 |
2,889 | 3,440 | 3,301 | 3,015 | 2,944 | 5,996 | 2,665 | 2,611 | 2,674 | 2,572 | 2,771 | 2,382 | 2,399 | 3,440 | 1,407 | 819 | 304 | 1,250 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 404 | - | - | - | |
9901 |
308,708 | 27,475 | 22,035 | 23,487 | 24,489 | 95,013 | 78,501 | 90,579 | 97,081 | 39,233 | 86,983 | 92,188 | 71,909 | 130,775 | 102,451 | 51,913 | 6,840 | -2,710 | |
75/76B |
118,760 | 190,091 | 265,127 | - | 200,000 | 500,000 | 0 | 1 | 10 | 15 | 89 | 541 | 999 | 772 | 553 | 776 | 222 | 11 | |
75 |
118,760 | 190,091 | 265,127 | - | 200,000 | 500,000 | 0 | 1 | 10 | 15 | 89 | 541 | 999 | 772 | 553 | 776 | 222 | 11 | |
65/66B |
103,130 | 55,995 | 9,582 | 28,691 | 16,119 | 40,817 | 26,878 | 27,930 | 30,869 | 36,921 | 39,818 | 44,447 | 41,172 | 38,163 | 34,304 | 5,704 | 18 | 56 | |
65 |
103,130 | 55,995 | 9,582 | 28,691 | 16,119 | 40,817 | 26,878 | 27,930 | 30,869 | 36,921 | 39,818 | 44,447 | 41,172 | 38,163 | 34,304 | 5,704 | 18 | 56 | |
9903 |
324,338 | 161,571 | 277,580 | -5,204 | 208,370 | 554,196 | 51,623 | 62,650 | 66,221 | 8,607 | 47,253 | 48,282 | 31,736 | 98,036 | 68,296 | 46,985 | 7,045 | -2,756 | |
67/77 |
10,230 | - | 1,844 | 9 | 2,099 | 8,236 | 11,317 | 18,350 | 19,406 | 2,150 | 11,212 | 11,841 | 13,744 | 29,379 | 19,657 | 14,153 | 1,903 | 1 | |
9904 |
314,108 | 161,571 | 275,736 | -5,213 | 206,271 | 545,961 | 40,306 | 44,300 | 46,815 | 6,457 | 36,041 | 36,441 | 17,992 | 68,658 | 48,639 | 32,832 | 5,142 | -2,757 | |
9905 |
314,108 | 161,571 | 275,736 | -5,213 | 206,271 | 545,961 | 40,306 | 44,300 | 46,815 | 6,457 | 36,041 | 36,441 | 17,992 | 68,658 | 48,639 | 32,832 | 5,142 | -2,757 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
483,203 | 330,666 | 444,830 | 169,095 | 380,579 | 720,268 | 174,308 | 134,002 | 89,701 | 42,886 | 36,429 | 37,388 | 18,947 | 68,955 | 49,297 | 33,658 | -245,523 | -250,665 | |
14P |
169,095 | 169,095 | 169,095 | 174,308 | 174,308 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 246,391 | - | |
691/2 |
174,108 | 161,571 | 275,736 | - | 206,271 | 491,961 | - | - | - | - | - | 37,000 | 18,000 | 68,000 | 49,000 | 33,000 | 41 | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 41 | - | |
6921 |
174,108 | 161,571 | 275,736 | - | 206,271 | 491,961 | - | - | - | - | - | 37,000 | 18,000 | 68,000 | 49,000 | 33,000 | - | - | |
694/7 |
140,000 | - | - | - | - | 54,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
- | - | - | - | - | 54,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
695 |
140,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||
The accounts for 17 older financial years (1989-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 03-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 03-07-2026 | 2026-00257684 | |
| 31-12-2024 | abbreviated format | 27-06-2025 | 2025-00190289 | |
| 31-12-2023 | abbreviated format | 28-06-2024 | 2024-00191180 | |
| 31-12-2022 | abbreviated format | 03-07-2023 | 2023-00199839 | |
| 31-12-2021 | abbreviated format | 24-06-2022 | 2022-20097357 | |
| 31-12-2020 | abbreviated format | 28-06-2021 | 2021-25500390 | |
| 31-03-2019 | abbreviated format | 26-08-2019 | 2019-51100280 | |
| 31-03-2018 | abbreviated format | 23-08-2018 | 2018-49100535 | |
| 31-03-2017 | abbreviated format | 30-08-2017 | 2017-55400314 | |
| 31-03-2016 | abbreviated format | 22-08-2016 | 2016-45200493 | |
| 31-03-2015 | abbreviated format | 27-08-2015 | 2015-51200562 | |
| 31-03-2014 | abbreviated format | 13-08-2014 | 2014-42500194 | |
| 31-03-2013 | abbreviated format | 24-09-2013 | 2013-59300009 | |
| 31-03-2012 | abbreviated format | 30-10-2012 | 2012-62700207 | |
| 31-03-2011 | abbreviated format | 27-09-2011 | 2011-55600126 | |
| 31-03-2010 | abbreviated format | 29-10-2010 | 2010-59500162 | |
| 31-03-2009 | abbreviated format | 29-10-2009 | 2009-83500081 | |
| 30-06-2007 | abbreviated format | 15-02-2008 | 2008-04900247 | |
| 30-06-2006 | abbreviated format | 28-02-2007 | 2007-06400371 | |
| 30-06-2005 | abbreviated format | 13-01-2006 | 2006-01201143 | |
| 30-06-2004 | abbreviated format | 22-12-2004 | 2004-86705076 | |
| 30-06-2003 | abbreviated format | 17-12-2003 | 2003-84001049 | |
| 30-06-2002 | abbreviated format | 23-01-2003 | 2003-02205226 | |
| 30-06-2001 | abbreviated format | 14-02-2002 | 2002-04201940 | |
| 30-06-2000 | abbreviated format | 26-01-2001 | 2001-02602051 | |
| 30-06-1999 | abbreviated format | 31-01-2000 | 2000-02504721 | |
| 30-06-1998 | abbreviated format | 17-12-1998 | 1998-62103474 | |
| 30-06-1997 | abbreviated format | 24-12-1997 | 1997-58104804 | |
| 30-06-1996 | abbreviated format | 03-02-1997 | 1997-01505336 | |
| 30-06-1995 | abbreviated format | 31-01-1996 | 1996-01801532 | |
| 30-06-1994 | abbreviated format | 16-11-1995 | 1995-57202247 | |
| 30-06-1993 | abbreviated format | 12-07-1994 | 1994-29002950 | |
| 30-06-1992 | full format | 12-07-1994 | 1994-29002963 | |
| 30-06-1991 | abbreviated format | 24-04-1992 | 1992-04504894 | |
| 31-12-1989 | abbreviated format | 08-01-1991 | 1991-00304555 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 335,510 | 67,435 | 61,939 | 63,136 | 64,138 | 134,662 | 118,149 | 130,227 | 136,730 | 78,881 | 126,631 | 134,512 | 111,358 | 167,454 | 143,373 | 63,472 | - | - | ||
| 340,910 | 201,531 | 315,640 | 34,436 | 245,920 | 585,609 | 79,955 | 83,949 | 86,464 | 46,106 | 75,690 | 78,765 | 57,441 | 105,337 | 89,561 | 44,391 | - | - | ||
| 190,000 | 0 | 3,159 | 1.1m | 0 | 1.4m | 0 | 0 | -16,638 | 302,233 | 30,252 | 78,413 | 92,347 | 95,254 | 855,722 | 265,093 | - | - | ||
| 159,954 | -33,199 | -64,323 | -160,344 | 47,625 | 120,345 | 120,307 | -2,965 | -20,213 | 13,547 | -4,602 | -9,474 | 13,547 | 8,483 | 1,488 | -19,920 | - | - | ||
| -419,676 | -613,869 | -777,147 | -881,393 | 257,228 | 141,483 | 37,575 | -57,926 | -67,635 | -30,256 | -40,190 | -24,868 | -38,634 | -67,176 | -116,958 | -13,094 | 25,459 | -242,606 | ||
| 82.5% | 79.1% | 73.4% | 64.3% | 83.3% | 76.6% | 26.1% | 24.8% | 21.1% | 17.0% | 20.0% | 17.1% | 14.5% | 13.8% | 8.4% | 14.7% | 24.1% | - | ||
| 0.36 | 0.08 | 0.10 | 0.15 | 4.45 | 1.98 | 1.33 | 0.33 | 0.28 | 0.57 | 0.52 | 0.57 | 0.55 | 0.31 | 0.12 | 0.72 | 2.93 | - | ||
| 0.21 | 0.26 | 0.36 | 0.56 | 0.20 | 0.30 | 2.83 | 3.03 | 3.75 | 4.88 | 4.00 | 4.84 | 5.91 | 6.25 | 10.95 | 5.81 | 3.14 | - | ||
| 10.1% | 5.5% | 9.9% | -0.2% | 8.2% | 23.8% | 10.4% | 12.7% | 15.4% | 2.5% | 14.4% | 17.0% | 10.1% | 43.1% | 53.6% | 77.9% | 55.1% | - | ||
| 8.3% | 4.4% | 7.3% | -0.1% | 6.9% | 18.2% | 2.7% | 3.2% | 3.3% | 0.4% | 2.9% | 2.9% | 1.5% | 5.9% | 4.5% | 11.4% | 13.3% | - | ||
| 3.25 | 1.20 | 6.46 | 2.20 | 3.98 | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €3,159 | - | - |
| Financial fixed assets | €190,000 | - | - | €1.1m | - |
| €26,802 | €39,960 | €39,904 | €39,649 | €39,649 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on EDGEWORKS
The operating result for 2025 is over 11 times that of 2024 and the highest since 2007. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 20.9% to 17.5%. Equity is higher and debt is lower.
Large changes and their cause
- 2021 Net result -62% on 2020. The previous financial year ran 21 months, this one 12.