EDISONS
The computed 12-month bankruptcy probability of EDISONS is 0.7% (low). The 2025 annual accounts show equity of €88k and a net result of €9k. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 26% of 155 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €88k |
| Net result | €9k |
| Staff (FTE) | 2.3 |
| Better than sector | 26% |
Mixed profile: strong on stability, weaker on solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 14.5% | 42.8% | |
| Net result | €9k | €7k | |
| Equity | €88k | €32k | |
| Gross operating margin | €259k | €25k | |
| Staff costs | €89k | €18k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €168k |
| Net profit | €9k |
| Cash flow | €159k |
| Staff costs | €89k |
| Income taxes | €0 |
| Dividends | - |
| Total assets | €606k |
| Equity | €88k |
| Debt | €518k |
| of which ≤ 1y | €400k |
| of which > 1y | €118k |
| Working capital | €-130k |
| Employees (FTE) | 2.3 |
| 2025 | |
|---|---|
| Current ratio | 0.68 |
| Quick ratio | 0.68 |
| Working capital ratio | -21.4% |
| Solvency | 14.5% |
| Debt / equity | 5.88 |
| Long-term debt ratio | 1.34 |
| Interest coverage | 16.09 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.5% |
| ROE | 10.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €606k |
| Fixed assets | 21/28 | €336k |
| Intangible fixed assets | 21 | €153 |
| Tangible fixed assets | 22/27 | €321k |
| Financial fixed assets | 28 | €14k |
| Current assets | 29/58 | €270k |
| Amounts receivable within one year | 40/41 | €241k |
| Cash & bank | 54/58 | €22k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €606k |
| Equity | 10/15 | €88k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €59k |
| Accumulated profits (losses) | 14 | €9k |
| Amounts payable | 17/49 | €518k |
| Amounts payable after one year | 17 | €118k |
| Amounts payable within one year | 42/48 | €400k |
| Trade debts payable within one year | 44 | €196k |
| Income statement | ||
| Gross operating margin | 9900 | €259k |
| Operating result | 9901 | €19k |
| Financial income | 75 | €892 |
| Financial charges | 65 | €10k |
| Result before taxes | 9903 | €9k |
| Income taxes | 67/77 | €0 |
| Net result for the period | 9904 | €9k |
| Result to be appropriated | 9905 | €9k |
-
Current04-03-2022 → present
| NACE primary | 59120 |
| Legal form | Private limited company(610) |
| Incorporation | 25-03-2021 |
| Status | Active |
| Postal code | 9950 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44072E1258/00M000 | Flanders | 3,281 m² | 1 · 491 m² | 0.7 m |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-04-2026 Act object · General meeting · Name change · Approval
- Filing: 2026-04-03 · VR-Stream
- Publication: 2026-04-08 · VR-Stream
- Act object: BENAMING, DOEL · VR-Stream
- General meeting: 2026-03-31 · VR-Stream
- Name change: EDISONS · VR-Stream
- Approval: verslag bestuurder wijziging voorwerp · VR-Stream
- Purpose change: Installatie van bewakingssystemen en alarminstallaties tegen diefstal; Beveiligingsactiviteiten. · VR-Stream
- Statute amendment: artikel 1 en artikel 3 · VR-Stream
- Notarial deed: 2026-03-31 · VR-Stream
Technical details
{
"facts": [
{
"type": "filing",
"quote": "Neergelegd 03-04-2026",
"value": "2026-04-03",
"object": null,
"subject": "e1"
},
{
"type": "publication",
"quote": "Bijlagen bij het Belgisch Staatsblad - 08/04/2026",
"value": "2026-04-08",
"object": null,
"subject": "e1"
},
{
"type": "act_object",
"quote": "Onderwerp akte: BENAMING, DOEL",
"value": "BENAMING, DOEL",
"object": null,
"subject": "e1"
},
{
"type": "general_meeting",
"quote": "proces-verbaal van buitengewone vergadering van de BV VR-Stream ... opgemaakt door ondergetekende notaris Elien Dewitte, notaris te Oostkamp op 31 maart 2026",
"value": "2026-03-31",
"object": null,
"subject": "e1"
},
{
"type": "name_change",
"quote": "besluit de vergadering de naam van de vennootschap te wijzigen in \u0022EDISONS\u0022",
"value": "EDISONS",
"object": "e2",
"subject": "e1"
},
{
"type": "approval",
"quote": "De vergadering erkent kennis te hebben genomen van het verslag van de bestuurder houdende de omstandige verantwoording van de voorgestelde wijziging van het voorwerp van de vennootschap ... en besluit zelfde goed te keuren.",
"value": "verslag bestuurder wijziging voorwerp",
"object": null,
"subject": "e1"
},
{
"type": "purpose_change",
"quote": "De vergadering besluit het voorwerp van de vennootschap te wijzigen door dit aan te vullen met volgende activiteiten: Installatie van bewakingssystemen en alarminstallaties tegen diefstal; Beveiligingsactiviteiten.",
"value": "Installatie van bewakingssystemen en alarminstallaties tegen diefstal; Beveiligingsactiviteiten.",
"object": null,
"subject": "e1"
},
{
"type": "statute_amendment",
"quote": "met overeenkomstige wijziging van artikel 1 der statuten ... aanpassing van de statuten door toevoeging van zelfde activiteiten in artikel drie van de statuten",
"value": "artikel 1 en artikel 3",
"object": null,
"subject": "e1"
},
{
"type": "notarial_deed",
"quote": "opgemaakt door ondergetekende notaris Elien Dewitte, notaris te Oostkamp op 31 maart 2026",
"value": "2026-03-31",
"object": "e3",
"subject": "e1"
}
],
"act_meta": {
"model_id": 40,
"extractor": "open-capture-27b-v3",
"ocr_chars": 3739,
"truncated": false,
"needs_verify": true
},
"entities": [
{
"id": "e1",
"kbo": "0765.673.359",
"kind": "company",
"name": "VR-Stream",
"attrs": {
"seat": "9950 Lievegem, Spinnerij 76 bus 003",
"legal_form": "Besloten Vennootschap"
}
},
{
"id": "e2",
"kbo": "0765.673.359",
"kind": "company",
"name": "EDISONS",
"attrs": {
"seat": "9950 Lievegem, Spinnerij 76 bus 003",
"legal_form": "Besloten Vennootschap"
}
},
{
"id": "e3",
"kbo": null,
"kind": "person",
"name": "Elien Dewitte",
"attrs": {
"role": "notaris",
"location": "Oostkamp"
}
}
]
}09-05-2025 Registered office moved from Aalter to Lievegem
- Kloosterstraat 52, 9910 Aalter → Spinnerij 76, 9950 Lievegem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Lievegem",
"region": null,
"street": "Spinnerij",
"country": "BE",
"postcode": "9950",
"box_number": "003",
"street_number": "76"
},
"old_address": {
"city": "Aalter",
"region": null,
"street": "Kloosterstraat",
"country": "BE",
"postcode": "9910",
"box_number": null,
"street_number": "52"
},
"effective_date": "2025-01-14",
"evidence_quote": "De vergadering beslist dat de zetel van de vennootschap zal worden verplaatst van Kloosterstraat 52, 9910 Aalter naar Spinnerij 76 bus 003, 9950 Lievegem, en dit vanaf 14/01/2025."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0765.673.359",
"name_full": "VR-STREAM",
"legal_form": "BV"
}
}29-07-2022 Vanpoucke Joren appointed as director
- Vanpoucke Joren, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Vanpoucke Joren",
"address": null,
"birth_date": null
},
"effective_date": "2022-03-04",
"evidence_quote": "Vanpoucke Joren met NN 00.06.06-095.87 werd benoemd als bestuurder en dit met ingang vanaf 4 maart 2022."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0765.673.359",
"name_full": "VR-STREAM",
"legal_form": "BV"
}
}29-03-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "9910 Knesselare, Kloosterstraat 52",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1995-03-28",
"name": "FOCQUAERT Gianni Donna",
"niss": null,
"address": "9910 Knesselare, Kloosterstraat 52"
},
"share_class": "naam",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10000,
"holder_person_name": "FOCQUAERT Gianni Donna",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 10000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1999-11-10",
"name": "VERBURGH Robbe Kjell Jarno",
"niss": null,
"address": "8730 Beernem, Stationsstraat 63"
},
"share_class": "naam",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10000,
"holder_person_name": "VERBURGH Robbe Kjell Jarno",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 10000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 20000,
"subject_company": {
"kbo": "0765.673.359",
"name_full": "VR-Stream",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-03-24",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | EDISONS |