EDO 2
ActiveSummary
The computed 12-month bankruptcy probability of EDO 2 is 3.7% (moderate). The 2025 annual accounts show equity of €129,096 and a net result of €6,121. Equity is growing by ~32.7% per year across the filed fiscal years. Its solvency ranks better than 62% of 13683 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+22
Solvency69▼-24
Growth78=
Track record100
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.43 against 4.46 in 2024; short-term debt: 45.7% and cash: 11.4% of total assets), and 55.7% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
44.3%
Return on assets
2.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 9 filingsDeviation from the deadline
2025
31 d late
2024
30 d late
2023
26 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
39 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed 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 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€129,096▲ 5.0%
2024 · €122,975
Total assets
€291,526▲ 61.8%
2024 · €180,155
Net result
€6,121▼ 26.1%
2024 · €8,285
Working capital
€58,001▼ 51.6%
2024 · €119,946
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€57,979▲ 840%€40,843▼ 29.6%€44,515▲ 9.0%€12,328▼ 72.3%€7,622▼ 38.2%
Net result€54,480above the sector's middle half▲ 835%€29,798above the sector's middle half▼ 45.3%€30,496above the sector's middle half▲ 2.3%€8,285within the sector's middle half▼ 72.8%€6,121within the sector's middle half▼ 26.1%
Equity€54,396within the sector's middle half€84,194above the sector's middle half▲ 54.8%€114,690above the sector's middle half▲ 36.2%€122,975above the sector's middle half▲ 7.2%€129,096above the sector's middle half▲ 5.0%
Total assets€59,351within the sector's middle half▲ 153%€104,582within the sector's middle half▲ 76.2%€176,510within the sector's middle half▲ 68.8%€180,155within the sector's middle half▲ 2.1%€291,526above the sector's middle half▲ 61.8%
Debt€4,955▼ 79.0%€20,389▲ 311%€61,821▲ 203%€57,180▼ 7.5%€162,430▲ 184%
Working capital€42,347above the sector's middle half€77,501above the sector's middle half▲ 83.0%€104,624above the sector's middle half▲ 35.0%€119,946above the sector's middle half▲ 14.6%€58,001above the sector's middle half▼ 51.6%
Solvency91.7%above the sector's middle half▲ 92.0pp80.5%above the sector's middle half▼ 11.1pp65.0%above the sector's middle half▼ 15.5pp68.3%above the sector's middle half▲ 3.3pp44.3%within the sector's middle half▼ 24.0pp
Current ratio9.55above the sector's middle half▲ 9.055.12above the sector's middle half▼ 4.433.94above the sector's middle half▼ 1.184.46above the sector's middle half▲ 0.521.43within the sector's middle half▼ 3.02
Return on assets (ROA)91.8%above the sector's middle half▲ 67.0pp28.5%above the sector's middle half▼ 63.3pp17.3%above the sector's middle half▼ 11.2pp4.6%within the sector's middle half▼ 12.7pp2.1%within the sector's middle half▼ 2.5pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 38% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €291,526
Fixed assets
€100,154 ▲ 293%
Current assets
€191,372 ▲ 23.8%
Equity and liabilities €291,526
Equity
€129,096 ▲ 5.0%
Debt
€162,430 ▲ 184%
Debt's share of the balance-sheet total rises from 31.7% to 55.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17,980▼
2024 · €23,062
Cash flow
€16,479▼
2024 · €19,019
Quick ratio
1.41▼
2024 · 4.42
Debt to equity
1.26▲
2024 · 0.46
ROE
4.7%▼
2024 · 6.7%
Interest coverage
47.10▲
2024 · -236.36
Debt ≤ 1 year
€133,371▲
2024 · €34,697
Debt > 1 year
€17,059▼
2024 · €22,483
Income taxes
€2,228▼
2024 · €4,140
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
For this company itself Checked computes a higher bankruptcy probability: 3.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €1,110 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,193 | €3,780 | €9,584 | €10,734 | €10,358 | ▼ 3.5% |
| Other operating charges640/8 | €927 | €2,781 | €721 | €1,457 | €1,139 | ▼ 21.8% |
| Gross operating margin9900 | €62,099 | €47,404 | €54,820 | €25,629 | €19,119 | ▼ 25.4% |
| Operating profit (loss)9901 | €57,979 | €40,843 | €44,515 | €12,328 | €7,622 | ▼ 38.2% |
| Financial income75/76B | €4 | €3 | €1 | - | €1,109 | - |
| Recurring financial income75 | €4 | €3 | €1 | - | €1,109 | - |
| Financial charges65/66B | €313 | €347 | €1,716 | -€98 | €382 | ▲ 491% |
| Recurring financial charges65 | €313 | €347 | €1,716 | -€98 | €382 | ▲ 491% |
| Profit (loss) for the period before taxes9903 | €57,670 | €40,499 | €42,800 | €12,426 | €8,349 | ▼ 32.8% |
| Income taxes67/77 | €3,190 | €10,701 | €12,303 | €4,140 | €2,228 | ▼ 46.2% |
| Profit (loss) for the period9904 | €54,480 | €29,798 | €30,496 | €8,285 | €6,121 | ▼ 26.1% |
| Profit (loss) for the period to be appropriated9905 | €54,480 | €29,798 | €30,496 | €8,285 | €6,121 | ▼ 26.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €59,351 | €104,582 | €176,510 | €180,155 | €291,526 | ▲ 61.8% |
| Fixed assets21/28 | €12,048 | €8,268 | €36,245 | €25,512 | €100,154 | ▲ 293% |
| Intangible fixed assets21 | - | - | - | - | €82,834 | - |
| Tangible fixed assets22/27 | €12,048 | €8,268 | €36,245 | €25,512 | €17,320 | ▼ 32.1% |
| Furniture and vehicles24 | €10,726 | €7,226 | €35,483 | €25,029 | €17,117 | ▼ 31.6% |
| Other tangible fixed assets26 | €1,322 | €1,042 | €762 | €482 | €202 | ▼ 58.1% |
| Current assets29/58 | €47,303 | €96,314 | €140,265 | €154,643 | €191,372 | ▲ 23.8% |
| Stocks and contracts in progress3 | €1,750 | €1,272 | €3,054 | €1,347 | €2,672 | ▲ 98.4% |
| Stocks30/36 | €1,750 | €1,272 | €3,054 | €1,347 | €2,672 | ▲ 98.4% |
| Amounts receivable within one year40/41 | €8,822 | €25,826 | €29,190 | €51,422 | €154,763 | ▲ 201% |
| Trade receivables40 | €6,942 | €22,891 | €22,161 | €34,864 | €127,829 | ▲ 267% |
| Other amounts receivable41 | €1,880 | €2,934 | €7,029 | €16,558 | €26,934 | ▲ 62.7% |
| Cash at bank and in hand54/58 | €36,256 | €69,216 | €108,021 | €101,119 | €33,181 | ▼ 67.2% |
| Deferred charges and accrued income490/1 | €475 | - | - | €756 | €756 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €59,351 | €104,582 | €176,510 | €180,155 | €291,526 | ▲ 61.8% |
| Equity10/15 | €54,396 | €84,194 | €114,690 | €122,975 | €129,096 | ▲ 5.0% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €48,196 | €77,994 | €108,490 | €116,775 | €122,896 | ▲ 5.2% |
| Amounts payable17/49 | €4,955 | €20,389 | €61,821 | €57,180 | €162,430 | ▲ 184% |
| Amounts payable after more than one year17 | - | - | €26,180 | €22,483 | €17,059 | ▼ 24.1% |
| Financial debts170/4 | - | - | €26,180 | €22,483 | €17,059 | ▼ 24.1% |
| Amounts payable within one year42/48 | €4,955 | €18,812 | €35,641 | €34,697 | €133,371 | ▲ 284% |
| Current portion of amounts payable after more than one year42 | - | - | €5,424 | €5,578 | €5,578 | = |
| Trade debts44 | €1,673 | €4,016 | €4,744 | €13,398 | €122,733 | ▲ 816% |
| Suppliers440/4 | €1,673 | €4,016 | €4,744 | €13,398 | €122,733 | ▲ 816% |
| Taxes, remuneration and social security45 | €3,282 | €14,796 | €25,472 | €15,721 | €5,060 | ▼ 67.8% |
| Taxes450/3 | €3,282 | €13,967 | €24,668 | €15,530 | €4,947 | ▼ 68.1% |
| Remuneration and social security454/9 | - | €829 | €804 | €191 | €113 | ▼ 41.1% |
| Accrued charges and deferred income492/3 | - | €1,576 | - | - | €12,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54,480 | €29,798 | €30,496 | €8,285 | €6,121 | ▼ 26.1% |
| + Depreciation and write-downs630 | €3,193 | €3,780 | €9,584 | €10,734 | €10,358 | ▼ 3.5% |
| Operating cash flow (approximation) | €57,673 | €33,578 | €40,080 | €19,019 | €16,479 | ▼ 13.4% |
| Investment in fixed assets (approximation) | - | €0 | -€37,561 | €0 | -€85,000 | - |
| Change in cash | - | €32,960 | €38,805 | -€6,902 | -€67,938 | ▼ 884% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Equity above €100,000Eq €114,690 ▲36.2%
4 profitable years in a row build equity to €114,690.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €54,480 ▲835%
Operating result €57,979, net result €54,480, both a record.
31-12
Financial
Liquidity times 19current ratio 9.55
Current ratio from 0.49 to 9.55; short-term debt falls from €23,560 to €4,955.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €5,827
Net result €5,827 after one loss-making year.
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
2019
31-12
Financial
Weakest financial yearnet -€2,288
Net result drops to -€2,288, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Schaarbeek · 2 establishment units since 2017
Ground area
242 m²
Building footprint
172 m²
Volume, LiDAR
2,062 m³
2 parcels, Brussels · tallest building 16.7 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
FACHION
since 20172.268.228.796
FACHION 2
since 20252.379.317.453
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21015A0464/00T000 | Brussels | 133 m² | 1 · 101 m² | 16.3 m · 4 fl. |
| 21902A0440/00A004 | Brussels | 109 m² | 1 · 71 m² | 16.7 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchaarbeek2.379.317.453
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Of 14,001 companies in sector 56301 we hold annual accounts for 4,899. 3,485 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-02-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0671818634
Also
9925:BE0671818634
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.