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EDKD

Active
Private limited companyfounded 2002active for 23 yearsHerendal 19, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0479.100.321

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 58 days after the deadline Filed on 27 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00525942.

Annual accounts 2025 filed on 27-09-2026 at the NBB all 23 filings

Turnover
≈ €2.5m
Estimated: probably between €1.7m and €4.2m
EBIT margin
Not included in this filing
Net result
€593,297▲ 37.5%
2024 · €431,593
Working capital
€1.5m▲ 107%
2024 · €747,081
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is 3% lower than in 2024.

Operating result€0.5m 2025 Net result€0.6m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.009m--€0.04m€0.02m€0.06m▲ 163%€0.4m▲ 511%€0.6m▲ 55.9%€0.5m▼ 2.6%
Net result-€0.01m--€0.06mbelow the sector's middle half▼ 337%€0.002mbelow the sector's middle half€0.02mwithin the sector's middle half▲ 802%€0.2mwithin the sector's middle half▲ 11×€0.4mabove the sector's middle half▲ 78.5%€0.6mabove the sector's middle half▲ 37.5%
Equity€0.5m-€0.4mwithin the sector's middle half▼ 13.2%€0.4mwithin the sector's middle half▲ 0.6%€0.4mwithin the sector's middle half▲ 5.1%€0.6mwithin the sector's middle half▲ 30.9%€0.9mabove the sector's middle half▲ 49.0%€1.4mabove the sector's middle half▲ 67.0%
Total assets€1.7m-€1.6mwithin the sector's middle half▼ 4.1%€1.5mwithin the sector's middle half▼ 7.4%€1.5mwithin the sector's middle half▼ 1.4%€1.7mwithin the sector's middle half▲ 10.4%€2.1mwithin the sector's middle half▲ 24.3%€3.3mabove the sector's middle half▲ 61.6%
Debt€1.2m-€1.2m▼ 0.5%€1.1m▼ 10.1%€1.1m▼ 3.8%€1.1m▲ 1.9%€1.2m▲ 11.2%€1.9m▲ 57.7%
Working capital€0.3m-€0.3mwithin the sector's middle half▼ 24.4%€0.2mwithin the sector's middle half▼ 7.9%€0.3mwithin the sector's middle half▲ 14.9%€0.4mabove the sector's middle half▲ 61.9%€0.7mabove the sector's middle half▲ 72.0%€1.5mabove the sector's middle half▲ 107%
Solvency28.0%-25.3%within the sector's middle half▼ 2.7pp27.5%within the sector's middle half▲ 2.2pp29.3%within the sector's middle half▲ 1.8pp34.7%within the sector's middle half▲ 5.4pp41.6%within the sector's middle half▲ 6.9pp43.0%within the sector's middle half▲ 1.4pp
Current ratio2.21-1.85within the sector's middle half▼ 0.371.98within the sector's middle half▲ 0.131.95within the sector's middle half▼ 0.021.79within the sector's middle half▼ 0.172.04within the sector's middle half▲ 0.252.25within the sector's middle half▲ 0.21
Return on assets (ROA)-0.8%--3.9%below the sector's middle half▼ 3.0pp0.2%below the sector's middle half▲ 4.0pp1.4%below the sector's middle half▲ 1.3pp14.6%within the sector's middle half▲ 13.2pp21.0%within the sector's middle half▲ 6.4pp17.8%within the sector's middle half▼ 3.1pp
Staff (FTE)11.2-11above the sector's middle half▼ 1.8%10above the sector's middle half▼ 9.1%9.3above the sector's middle half▼ 7.0%9.3above the sector's middle half=10.6above the sector's middle half▲ 14.0%17.5above the sector's middle half▲ 65.1%
above within below The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Large changes and their cause
  • 2025 Staff (FTE) +65% on 2024. The accounts now follow the abbreviated format, last year the full format.
  • 2024 Net result +78% on 2023. This financial year ran 15 months, the previous one 12.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.3m
Fixed assets €539,590 ▼ 8.6%
Current assets €2.8m ▲ 89.8%
Equity and liabilities €3.3m
Equity €1.4m ▲ 67.0%
Debt €1.9m ▲ 57.7%
Debt's share of the balance-sheet total falls from 58.4% to 57.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€607,723▼
2024 · €643,323
Cash flow
€651,617▲
2024 · €510,599
Debt to equity
1.33▼
2024 · 1.41
ROE
41.5%▼
2024 · 50.4%
Interest coverage
52.43▲
2024 · 36.02
Debt ≤ 1 year
€1.2m▲
2024 · €721,082
Debt > 1 year
€442,272▼
2024 · €481,465
Income taxes
€190,784▲
2024 · €190,146
Staff costs
€847,862▲
2024 · €736,379
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item30-09-202230-09-202331-12-202431-12-2025
Employees at the balance-sheet date12131524
full-time54714
part-time79810
in full-time equivalents9.29.912.120.4
Average over the year, in full-time equivalents9.39.310.617.5
On a permanent contract11101321
Joined06819
Left25610

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item30-09-202230-09-202320242025
Tangible fixed assets---€10,175
Depreciation and write-downs of the year€98,039€75,305€79,006€58,321

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as EDKD: activities of bailiffs (NACE 69103). They are comparable in size and age: total assets between €2.3m and €4.7m, founded between 1998 and 2007.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
EDKD Sint-Pieters-Woluwe2002€3.3m€1.4m€1.5m€0.6m-2025
WDT Antwerpen2002€3.0m€2.3m€1.5m€0.8m3.52025
FORSETI LEX Vorst2007€3.0m€1.4m€1.6m€0.7m12.12025
Philippe MORMAL Elsene1998€3.6m€1.7m€0.9m€0.5m42025
RELIAS Gerechtsdeurwaarders Antwerpen2002€2.3m€0.7m€1.2m€0.4m02025
Kantoor Snoeck Sint-Niklaas2004€2.4m€1.2m€1.2m€0.5m6.62025
enactis Oudenaarde2003€4.7m€1.9m€1.9m€0.6m17.32025

They were chosen from the 614 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 20,136 companies had the same profile as EDKD has now. Two years later, 0.2% had gone bankrupt and 95.0% were still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95.0% was still going

That fits the bankruptcy probability of EDKD itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,136 companies, not a prediction for EDKD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines

Source: Annual accounts 2025 at the NBB, filed on 27-09-2026.

Balance sheet Code20242025
Assets
Total assets20/58€2.1m€3.3m▲
Fixed assets21/28€0.6m€0.5m▼
Tangible fixed assets22/27€0.6m€0.5m▼
Land and buildings22€0.5m€0.5m▼
Plant, machinery and equipment23€0.04m€0.03m▼
Furniture and vehicles24€0.01m€0.01m▼
Financial fixed assets28€0.007m€0.004m▼
Current assets29/58€1.5m€2.8m▲
Amounts receivable within one year40/41€1.2m€1.8m▲
Trade receivables40€1.2m€1.7m▲
Other amounts receivable41€0.003m€0.01m▲
Cash at bank and in hand54/58€0.2m€1.0m▲
Deferred charges and accrued income490/1€0.02m-
Equity and liabilities
Total equity and liabilities10/49€2.1m€3.3m▲
Equity10/15€0.9m€1.4m▲
Contributions10/11€0.2m€0.2m=
Reserves13€0.5m€0.9m▲
Non-distributable reserves130/1€0.02m€0.02m=
Reserves not available under the articles1311€0.02m€0.02m=
Distributable reserves133€0.5m€0.8m▲
Profit (loss) carried forward14€0.2m€0.4m▲
Amounts payable17/49€1.2m€1.9m▲
Amounts payable after more than one year17€0.5m€0.4m▼
Financial debts170/4€0.5m€0.4m▼
Amounts payable within one year42/48€0.7m€1.2m▲
Current portion of amounts payable after more than one year42€0.04m€0.04m▲
Trade debts44€0.3m€0.3m▲
Suppliers440/4€0.3m€0.3m▲
Taxes, remuneration and social security45€0.3m€0.5m▲
Taxes450/3€0.2m€0.2m▼
Remuneration and social security454/9€0.04m€0.2m▲
Other amounts payable47/48€0.2m€0.4m▲
Accrued charges and deferred income492/3-€0.2m
Income statement Code20242025
Remuneration, social security and pensions62€0.7m€0.8m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.08m€0.06m▼
Other operating charges640/8€0.02m€0.02m▼
Gross operating margin9900€1.4m€1.5m▲
Operating profit (loss)9901€0.6m€0.5m▼
Financial income75/76B€0.08m€0.2m▲
Recurring financial income75€0.08m€0.2m▲
Financial charges65/66B€0.02m€0.01m▼
Recurring financial charges65€0.02m€0.01m▼
Profit (loss) for the period before taxes9903€0.6m€0.8m▲
Income taxes67/77€0.2m€0.2m▲
Profit (loss) for the period9904€0.4m€0.6m▲
Profit (loss) for the period to be appropriated9905€0.4m€0.6m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.6m€0.8m▲
Profit (loss) brought forward from the previous period14P€0.1m€0.2m▲
Transfer from equity791/2-€0.02m
Transfer to equity691/2€0.2m€0.4m▲
To other reserves6921€0.2m€0.4m▲
Profit to be distributed694/7€0.2m€0.02m▼
Return on contributions (dividend)694-€0.02m
Directors or managers695€0.2m-
Social balance sheet
Average headcount (FTE)908710.6-

The notes to these accounts have 11 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.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62---€0.5m€0.5m€0.7m€0.8m▲ 15.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m€0.09m€0.1m€0.08m€0.08m€0.06m▼ 26.2%
Other operating charges640/8---€0.01m€0.01m€0.02m€0.02m▼ 26.2%
Non-recurring operating charges66A----€0.003m---
Gross operating margin9900€0.6m€0.5m€0.5m€0.6m€0.9m€1.4m€1.5m▲ 5.0%
Operating profit (loss)9901€0.009m-€0.04m€0.02m€0.06m€0.4m€0.6m€0.5m▼ 2.6%
Financial income75/76B---€112€0.001m€0.08m€0.2m▲ 227%
Recurring financial income75€0.004m€94€226€112€0.001m€0.08m€0.2m▲ 227%
Financial charges65/66B---€0.02m€0.02m€0.02m€0.01m▼ 35.1%
Recurring financial charges65€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.01m▼ 35.1%
Profit (loss) for the period before taxes9903-€0.01m-€0.06m€0.003m€0.04m€0.3m€0.6m€0.8m▲ 26.1%
Income taxes67/77€0.005m€0.001m€462€0.02m€0.1m€0.2m€0.2m▲ 0.3%
Profit (loss) for the period9904-€0.01m-€0.06m€0.002m€0.02m€0.2m€0.4m€0.6m▲ 37.5%
Profit (loss) for the period to be appropriated9905-€0.01m-€0.06m€0.002m€0.02m€0.2m€0.4m€0.6m▲ 37.5%
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.7m€1.6m€1.5m€1.5m€1.7m€2.1m€3.3m▲ 61.6%
Fixed assets21/28€1.1m€1.1m€1.0m€0.9m€0.7m€0.6m€0.5m▼ 8.6%
Tangible fixed assets22/27€1.1m€1.1m€1.0m€0.9m€0.7m€0.6m€0.5m▼ 8.2%
Land and buildings22---€0.8m€0.6m€0.5m€0.5m▼ 8.2%
Plant, machinery and equipment23---€0.05m€0.04m€0.04m€0.03m▼ 10.3%
Furniture and vehicles24---€0.06m€0.03m€0.01m€0.01m▼ 2.8%
Financial fixed assets28€0.003m€0.003m€0.007m€0.007m€0.007m€0.007m€0.004m▼ 38.5%
Current assets29/58€0.6m€0.6m€0.5m€0.5m€1.0m€1.5m€2.8m▲ 89.8%
Amounts receivable within one year40/41€0.4m€0.4m€0.2m€0.3m€0.8m€1.2m€1.8m▲ 42.6%
Trade receivables40---€0.3m€0.8m€1.2m€1.7m▲ 41.7%
Other amounts receivable41---€0.004m€0.003m€0.003m€0.01m▲ 382%
Current investments50/53--€0.08m€0.1m€0.1m---
Cash at bank and in hand54/58€0.2m€0.1m€0.1m€0.08m€0.09m€0.2m€1.0m▲ 383%
Deferred charges and accrued income490/1---€0.02m€0.02m€0.02m--
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.6m€1.5m€1.5m€1.7m€2.1m€3.3m▲ 61.6%
Equity10/15€0.5m€0.4m€0.4m€0.4m€0.6m€0.9m€1.4m▲ 67.0%
Contributions10/11€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m=
Capital10---€0.2m----
Issued capital100---€0.2m----
Reserves13€0.1m€0.1m€0.1m€0.1m€0.3m€0.5m€0.9m▲ 79.5%
Non-distributable reserves130/1---€0.02m€0.02m€0.02m€0.02m=
Legal reserve130---€0.02m----
Reserves not available under the articles1311----€0.02m€0.02m€0.02m=
Distributable reserves133---€0.1m€0.2m€0.5m€0.8m▲ 82.6%
Profit (loss) carried forward14€0.2m€0.1m€0.1m€0.1m€0.1m€0.2m€0.4m▲ 97.5%
Amounts payable17/49€1.2m€1.2m€1.1m€1.1m€1.1m€1.2m€1.9m▲ 57.7%
Amounts payable after more than one year17€1.0m€0.9m€0.9m€0.8m€0.5m€0.5m€0.4m▼ 8.1%
Financial debts170/4---€0.8m€0.5m€0.5m€0.4m▼ 8.1%
Amounts payable within one year42/48€0.3m€0.3m€0.2m€0.3m€0.6m€0.7m€1.2m▲ 72.1%
Current portion of amounts payable after more than one year42---€0.08m€0.06m€0.04m€0.04m▲ 1.9%
Trade debts44€0.02m€0.06m€0.008m€0.03m€0.08m€0.3m€0.3m▲ 26.9%
Suppliers440/4---€0.03m€0.08m€0.3m€0.3m▲ 26.9%
Taxes, remuneration and social security45---€0.2m€0.3m€0.3m€0.5m▲ 73.0%
Taxes450/3---€0.1m€0.2m€0.2m€0.2m▼ 0.2%
Remuneration and social security454/9---€0.08m€0.08m€0.04m€0.2m▲ 460%
Other amounts payable47/48---€300€0.1m€0.2m€0.4m▲ 165%
Accrued charges and deferred income492/3------€0.2m-
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€14,528-€63,428€2,340€21,101€241,824€431,593€593,297▲ 37.5%
+ Depreciation and write-downs630€99,127€105,211€94,701€98,039€75,305€79,006€58,321▼ 26.2%
Operating cash flow (approximation)€84,599€41,784€97,040€119,140€317,129€510,599€651,617▲ 27.6%
Investment in fixed assets (approximation)--€94,230-€53,530€0€205,322€0-€7,675-
Change in cash--€64,015-€25,824-€39,387€4,921€125,102€815,181▲ 552%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 23 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 27-09-2026 2026-00525942 NBB
31-12-2024 full format 23-09-2025 2025-00499191 PDF
30-09-2023 full format 12-04-2024 2024-00061930 PDF
30-09-2022 full format 20-04-2023 2023-00061771 PDF
30-09-2021 full format 31-03-2022 2022-09600364 PDF
30-09-2020 full format 23-03-2021 2021-08500361 PDF
30-09-2019 full format 19-03-2020 2020-07200089 PDF
30-09-2018 full format 21-03-2019 2019-07700033 PDF
30-09-2017 full format 28-03-2018 2018-08400432 PDF
30-09-2016 full format 28-04-2017 2017-10900086 PDF

Show all 23 filings

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