EDILU
ActiveSummary
EDILU has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.7m and a net result of €251,935. Equity is growing by ~3.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability30▼-1
Solvency99▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260,000 at 30 days acceptable
Liquidity ample (current ratio 4.33 against 3.98 in 2024; short-term debt: 4.7% and cash: 13.8% of total assets), and 26.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
73.9%
Return on assets
5.1%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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
11 d late
2024
66 d early
2023
58 d early
2022
39 d early
2021
8 d late
2020
12 d late
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 19 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 22 June (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€3.7m▲ 7.3%
2024 · €3.4m
Total assets
€5.0m▲ 3.7%
2024 · €4.8m
Net result
€251,935▼ 17.2%
2024 · €304,318
Working capital
€774,460▲ 5.1%
2024 · €736,693
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
Operating result€5,436▼ 48.7%€4,827▼ 11.2%€1,368▼ 71.7%€20,440▲ 1,394%€8,701▼ 57.4%
Net result€204,133€599,151▲ 194%-€457,332€304,318€251,935▼ 17.2%
Equity€3.3m▲ 6.5%€3.9m▲ 18.0%€3.1m▼ 20.4%€3.4m▲ 9.7%€3.7m▲ 7.3%
Total assets€5.3m▲ 2.8%€5.4m▲ 2.2%€4.6m▼ 13.9%€4.8m▲ 3.7%€5.0m▲ 3.7%
Debt€1.9m▼ 3.0%€1.4m▼ 25.9%€1.4m▲ 4.0%€1.3m▼ 9.1%€1.2m▼ 5.5%
Working capital€418,114▲ 99.1%€722,634▲ 72.8%€415,079▼ 42.6%€736,693▲ 77.5%€774,460▲ 5.1%
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 falls in 2025; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.0m
Fixed assets
€4.0m ▲ 4.1%
Current assets
€1.0m ▲ 2.3%
Equity and liabilities €5.0m
Equity
€3.7m ▲ 7.3%
Provisions
€65,252 ▼ 3.8%
Debt
€1.2m ▼ 5.5%
Debt's share of the balance-sheet total falls from 27.2% to 24.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€45,998▼
2024 · €48,967
Cash flow
€289,232▼
2024 · €332,844
Current ratio
4.33▲
2024 · 3.98
Debt to equity
0.34▼
2024 · 0.38
ROE
6.8%▼
2024 · 8.9%
ROA
5.1%▼
2024 · 6.3%
Interest coverage
0.57▲
2024 · 0.56
Debt ≤ 1 year
€232,553▼
2024 · €247,241
Debt > 1 year
€954,496▼
2024 · €1.0m
Income taxes
€25,977▼
2024 · €31,215
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,135 | €30,234 | €28,313 | €28,527 | €37,297 | ▲ 30.7% |
| Other operating charges640/8 | €4,701 | €5,721 | €6,584 | €5,826 | €7,399 | ▲ 27.0% |
| Gross operating margin9900 | €35,272 | €40,781 | €36,266 | €54,793 | €53,397 | ▼ 2.5% |
| Operating profit (loss)9901 | €5,436 | €4,827 | €1,368 | €20,440 | €8,701 | ▼ 57.4% |
| Financial income75/76B | €282,825 | €709,083 | €328,800 | €400,247 | €346,600 | ▼ 13.4% |
| Recurring financial income75 | €282,825 | €709,083 | €328,800 | €400,247 | €346,600 | ▼ 13.4% |
| Financial charges65/66B | €65,548 | €56,670 | €790,110 | €87,765 | €80,000 | ▼ 8.8% |
| Recurring financial charges65 | €65,548 | €56,670 | €65,025 | €87,765 | €80,000 | ▼ 8.8% |
| Non-recurring financial charges66B | - | - | €725,085 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €222,713 | €657,240 | -€459,943 | €332,922 | €275,301 | ▼ 17.3% |
| Transfer from deferred taxes780 | €2,610 | €2,610 | €2,610 | €2,610 | €2,610 | = |
| Income taxes67/77 | €21,190 | €60,698 | - | €31,215 | €25,977 | ▼ 16.8% |
| Profit (loss) for the period9904 | €204,133 | €599,151 | -€457,332 | €304,318 | €251,935 | ▼ 17.2% |
| Transfer from tax-exempt reserves789 | €7,830 | €7,830 | €7,830 | €7,830 | €7,830 | = |
| Profit (loss) for the period to be appropriated9905 | €211,963 | €606,982 | -€449,502 | €312,148 | €259,765 | ▼ 16.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.3m | €5.4m | €4.6m | €4.8m | €5.0m | ▲ 3.7% |
| Formation expenses20 | €1,689 | €1,689 | €1,689 | €1,689 | €1,689 | = |
| Fixed assets21/28 | €4.6m | €4.6m | €3.8m | €3.8m | €4.0m | ▲ 4.1% |
| Tangible fixed assets22/27 | €937,912 | €907,678 | €879,365 | €865,092 | €1.0m | ▲ 17.9% |
| Land and buildings22 | €935,830 | €907,596 | €879,365 | €865,092 | €1.0m | ▲ 17.9% |
| Plant, machinery and equipment23 | €2,082 | €82 | - | - | - | - |
| Financial fixed assets28 | €3.7m | €3.7m | €3.0m | €3.0m | €3.0m | = |
| Current assets29/58 | €646,554 | €790,631 | €798,116 | €983,935 | €1.0m | ▲ 2.3% |
| Amounts receivable within one year40/41 | €107,776 | €196,020 | €144,358 | €334,997 | €319,010 | ▼ 4.8% |
| Other amounts receivable41 | €107,776 | €196,020 | €144,358 | €334,997 | €319,010 | ▼ 4.8% |
| Current investments50/53 | €468,020 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €70,759 | €593,501 | €652,573 | €647,695 | €686,721 | ▲ 6.0% |
| Deferred charges and accrued income490/1 | - | €1,110 | €1,184 | €1,243 | €1,282 | ▲ 3.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.3m | €5.4m | €4.6m | €4.8m | €5.0m | ▲ 3.7% |
| Equity10/15 | €3.3m | €3.9m | €3.1m | €3.4m | €3.7m | ▲ 7.3% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €3.3m | €3.9m | €3.1m | €3.4m | €3.6m | ▲ 7.5% |
| Non-distributable reserves130/1 | €61,254 | €61,254 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €61,254 | €61,254 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | €227,075 | €219,245 | €211,415 | €203,585 | €195,755 | ▼ 3.8% |
| Distributable reserves133 | €3.0m | €3.6m | €2.8m | €3.2m | €3.4m | ▲ 8.2% |
| Profit (loss) carried forward14 | - | - | - | €0 | - | - |
| Provisions and deferred taxes16 | €75,692 | €73,082 | €70,472 | €67,862 | €65,252 | ▼ 3.8% |
| Deferred taxes168 | €75,692 | €73,082 | €70,472 | €67,862 | €65,252 | ▼ 3.8% |
| Amounts payable17/49 | €1.9m | €1.4m | €1.4m | €1.3m | €1.2m | ▼ 5.5% |
| Amounts payable after more than one year17 | €1.6m | €1.3m | €1.0m | €1.0m | €954,496 | ▼ 4.9% |
| Financial debts170/4 | €1.6m | €1.3m | €1.0m | - | - | - |
| Other amounts payable178/9 | - | - | - | €1.0m | €954,496 | ▼ 4.9% |
| Amounts payable within one year42/48 | €228,440 | €67,997 | €383,037 | €247,241 | €232,553 | ▼ 5.9% |
| Current portion of amounts payable after more than one year42 | €30,000 | €2,500 | - | - | - | - |
| Trade debts44 | €918 | - | - | - | €3,214 | - |
| Suppliers440/4 | €918 | - | - | - | €3,214 | - |
| Taxes, remuneration and social security45 | €30,914 | €13,324 | €17,095 | €23,843 | €20,720 | ▼ 13.1% |
| Taxes450/3 | €30,914 | €13,324 | €17,095 | €23,843 | €20,720 | ▼ 13.1% |
| Other amounts payable47/48 | €166,608 | €52,173 | €365,942 | €223,398 | €208,619 | ▼ 6.6% |
| Accrued charges and deferred income492/3 | €36,695 | €31,088 | €39,889 | €55,634 | €48,347 | ▼ 13.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €204,133 | €599,151 | -€457,332 | €304,318 | €251,935 | ▼ 17.2% |
| + Depreciation and write-downs630 | €25,135 | €30,234 | €28,313 | €28,527 | €37,297 | ▲ 30.7% |
| Operating cash flow (approximation) | €229,268 | €629,385 | -€429,019 | €332,844 | €289,232 | ▼ 13.1% |
| Investment in fixed assets (approximation) | - | -€843 | €725,085 | -€14,254 | -€192,202 | ▼ 1,248% |
| Change in cash | - | €522,742 | €59,073 | -€4,878 | €39,025 | ▲ 900% |
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
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 11 days late
03-07
State Gazette act
Reappointments: Edith Appelmans (director) and Luc Appelmans (director)5 facts ▸
State Gazette act
Reappointments: Edith Appelmans (director) and Luc Appelmans (director)
5 facts ▸
- General meeting, 02-05-2026
- Director reappointment, Edith Appelmans (director)
- Director reappointment, Luc Appelmans (director)
- Director reappointment, Edith Appelmans (managing director)
- Director reappointment, Luc Appelmans (managing director)
2025
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €304,318
Net result €304,318 after one loss-making year.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€457,332
Net result drops to -€457,332, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €599,151 ▲194%
Net result €599,151, the highest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 11.63
Current ratio from 2.83 to 11.63; short-term debt falls from €228,440 to €67,997.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
31-12
Financial
Back to profitnet €204,133
Net result €204,133 after one loss-making year.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
Show earlier events
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity triplescurrent ratio 2.36
Current ratio from 0.86 to 2.36; short-term debt falls from €595,605 to €311,718.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, 2 in day-to-day management
Day-to-day management 2
Edith Appelmans
CurrentManaging director
Luc Appelmans
CurrentManaging director
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 1999
Ground area
175 m²
Building footprint
175 m²
Volume, LiDAR
2,605 m³
Parcel 31013C0516/00B000, Flanders · tallest building 21.5 m, ±6 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Lippenslaan 39, 8300 Knokke-Heist
since 19992.092.649.690
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013C0516/00B000 | Flanders | 175 m² | 1 · 175 m² | 21.5 m · 6 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.
Mandate history
2 people since 2026, 2 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Edith Appelmans |
|
| Luc Appelmans |
|
Structure & network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
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Director
Shareholding
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Recognitions · licences · registrations
Legal Entity Identifier
254900Y5F07OAM0D6O30
Identification & contact
Identification
Legal formPublic limited company
Founded25-06-1999
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466349076
Also
9925:BE0466349076
Registered
15-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.