EDM
ActiveSummary
EDM has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-25k) and a net result of €14k. Equity is shrinking by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▲+37
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.16 against 0.18 in 2023; short-term debt: 84.6% and cash: 4% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
-25.1%
Return on assets
14.3%
Age of the figures
21 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 15367 sector peers (2024).
NBB · sector comparisonPosition among 15367 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-08-2025, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
13 d late
2023
82 d late
2022
30 d late
2021
31 d late
2020
146 d late
2019
152 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-25k▲ 36.4%
2023 · €-39k
2018: €10k
2019: €7k
2020: €-21k
2021: €-28k
2022: €-28k
2023: €-39k
2018 → 2024
Total assets
€98k▼ 30.7%
2023 · €141k
2018: €360k
2019: €292k
2020: €226k
2021: €185k
2022: €144k
2023: €141k
2018 → 2024
Net result
€14k
2023 · €-11k
2018: €-3k
2019: €-3k
2020: €-28k
2021: €-7k
2022: €309
2023: €-11k
2018 → 2024
Working capital
€-69k▲ 15.5%
2023 · €-82k
2018: €-53k
2019: €-59k
2020: €-58k
2021: €-63k
2022: €-64k
2023: €-82k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-21k-€-28k▼ 32.6%€-28k▲ 1.1%€-39k▼ 40.1%€-25k▲ 36.4%
Operating result€-17k-€3k€9k▲ 226%€-3k€22k
Net result€-28k-€-7k▲ 75.5%€309€-11k€14k
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: €22k after a loss of €3k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €98k
Fixed assets
€84k ▼ 31.3%
Current assets
€14k ▼ 26.5%
Key figures and ratios
EBITDA
€63k▲
2023 · €40k
Cash flow
€55k▲
2023 · €32k
Solvency
-25.1%▲
2023 · -27.3%
Current ratio
0.16▼
2023 · 0.18
Debt to equity
-4.99▼
2023 · -4.66
ROA
14.3%▲
2023 · -7.8%
Interest coverage
8.10▲
2023 · 4.94
Debt
€122k▼
2023 · €180k
Debt ≤ 1 year
€83k▼
2023 · €100k
Debt > 1 year
€39k▼
2023 · €78k
Income taxes
€239
Staff costs
€34k▲
2023 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€141k€98k▼
Fixed assets21/28€123k€84k▼
Tangible fixed assets22/27€123k€84k▼
Land and buildings22€95k€61k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€27k€21k▼
Financial fixed assets28€316€316=
Current assets29/58€18k€14k▼
Amounts receivable within one year40/41€6k€2k▼
Trade receivables40€6k€2k▼
Other amounts receivable41-€332
Cash at bank and in hand54/58€7k€4k▼
Deferred charges and accrued income490/1€5k€8k▲
Equity and liabilities
Total equity and liabilities10/49€141k€98k▼
Equity10/15€-39k€-25k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-59k€-45k▲
Amounts payable17/49€180k€122k▼
Amounts payable after more than one year17€78k€39k▼
Financial debts170/4€78k€39k▼
Amounts payable within one year42/48€100k€83k▼
Current portion of amounts payable after more than one year42€51k€42k▼
Financial debts43€29k€32k▲
Credit institutions430/8€29k€32k▲
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€8k€6k▼
Taxes450/3€8k€6k▼
Remuneration and social security454/9€282€599▲
Other amounts payable47/48€7k-
Accrued charges and deferred income492/3€996€813▼
Income statement
Code20232024
Remuneration, social security and pensions62€17k€34k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€41k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€61k€100k▲
Operating profit (loss)9901€-3k€22k▲
Financial income75/76B-€373
Recurring financial income75-€373
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€-11k€14k▲
Income taxes67/77-€239
Profit (loss) for the period9904€-11k€14k▲
Profit (loss) for the period to be appropriated9905€-11k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-59k€-45k▲
Profit (loss) brought forward from the previous period14P€-48k€-59k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
21-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 82 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €309
Net result €309 after 4 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
24-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 146 days late
2020
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 152 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 55 days late
2017
09-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 70 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Korte Lozanastraat 92018 AntwerpenGround area
286 m²
Building footprint
88 m²
Volume, LiDAR
1,134 m³
Parcel 11810K1554/00P004, Flanders · tallest building 14.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Advocaat Du Moulin & Partners
since 20062.228.094.057
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1554/00P004 | Flanders | 286 m² | 1 · 88 m² | 14.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2023 to 2025 · 3 entries · 1,393 EUR awarded · 1,393 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 42 EUR | 42 EUR |
| 2024 | 1 | 90 EUR | 90 EUR |
| 2023 | 1 | 1,261 EUR | 1,261 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
MAMO-Law
BE 1031.166.616
Etterbeek · Eq €6,992
Advocatenkantoor L. Van de Wyer
BE 0773.600.734
Antwerpen · Eq €6,965
EDERN THEBAUD AVOCAT
BE 0768.698.076
Brussel · Eq €6,963
SOPENA Avocat
BE 1031.887.879
Brussel · Eq €7,053
elegis – LEB, Association d’avocats
BE 0828.991.001
Liège · Eq €6,938
Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 3,844 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-01-2006
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
68201Renting and operating of own or leased residential real estate, excluding social housing
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:dumoulin@advocaat-dumoulin.be
Phone:03 233 40 79