EDOSA

Active

Public limited companyfounded 198640 yrs activeWolvendreef(Kor) 26H, 8500 Kortrijk, BelgiumKBO/BCE: BE 0429.172.045

Summary

EDOSA has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27.0m and a net result of €127,661. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 95% of 3330 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysis Watch Report Compare

EDOSAActiveChecked score 82/100

Risk analysis Report Compare

Checked score

Score 2025

82 / 100

Excellent

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability69=

Solvency100=

Growth32=

Track record100

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2,000,000 at 30 days acceptable

Liquidity ample (current ratio 12.47 against 5.58 in 2024; short-term debt: 1.1% and cash: 2.9% of total assets), and 1.9% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk○neutral

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

Legal and accounting activities (NACE 69)

about 77% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

98.1%

Return on assets

0.5%

Age of the figures

15 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-01-2026, 23 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

23 d early

2024

on the day

2023

153 d early

2022

6 d early

2021

on the day

2020

46 d early

2019

43 d early

← 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 39 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 25 January (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

30-06-2026 close28-09-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

On 17 June 1986, EDOSA was incorporated.¹ Total assets went from EUR 29 million in 2019 to EUR 28 million in 2025.²

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Financials · fiscal year 2025, abbreviated schema

In the rankings #1 company by equity in West Flanders, Legal and accounting sector #3 company by total assets in West Flanders, Legal and accounting sector

Turnover

€490,106

EBIT margin

8.0%

Net result

€127,661▲ 9.7%

2024 · €116,360

Working capital

€3.5m▲ 13.0%

2024 · €3.1m

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting 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

Turnover

Operating result€499,313▲ 534%€135,024▼ 73.0%€82,833▼ 38.7%€96,998▲ 17.1%€51,579▼ 46.8%

Net result€3.3m▲ 364%-€283,042€259,622€116,360▼ 55.2%€127,661▲ 9.7%

EBIT margin

Equity€31.3m▲ 11.7%€31.1m▼ 0.9%€31.3m▲ 0.8%€26.9m▼ 14.1%€27.0m▲ 0.5%

Total assets€32.4m▲ 10.1%€32.1m▼ 0.9%€32.4m▲ 0.8%€27.8m▼ 14.1%€27.6m▼ 1.0%

Debt€711,088▼ 33.9%€739,894▲ 4.1%€774,599▲ 4.7%€671,055▼ 13.4%€303,086▼ 54.8%

Working capital€7.6m▲ 419%€7.3m▼ 5.1%€7.2m▼ 0.4%€3.1m▼ 57.5%€3.5m▲ 13.0%

Solvency96.7%▲ 1.4pp96.7%=96.7%=96.7%▼ 0.1pp98.1%▲ 1.4pp

Current ratio11.87▲ 9.4810.83▼ 1.0410.35▼ 0.485.58▼ 4.7712.47▲ 6.89

Return on assets (ROA)10.1%▲ 7.7pp-0.9%▼ 11.0pp0.8%▲ 1.7pp0.4%▼ 0.4pp0.5%=

above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 47% below 2024 and is the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €27.6m

86.3%

13.7%

Fixed assets €23.8m ▼ 1.3%

Current assets €3.8m ▲ 0.9%

Equity and liabilities €27.6m

98.1%

Equity €27.0m ▲ 0.5%

Provisions €228,008 ▼ 11.5%

Debt €303,086 ▼ 54.8%

Debt's share of the balance-sheet total falls from 2.4% to 1.1%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€354,220▼

2024 · €404,758

Cash flow

€430,302▲

2024 · €424,120

Debt to equity

0.01▼

2024 · 0.02

ROE

0.5%▲

2024 · 0.4%

Interest coverage

10.20▲

2024 · 6.85

Debt ≤ 1 year

€302,587▼

2024 · €670,571

Income taxes

€46,650▼

2024 · €65,826

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

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

Balance sheet Code20242025

Assets

Total assets20/58€27.8m€27.6m▼

Fixed assets21/28€24.1m€23.8m▼

Tangible fixed assets22/27€4.6m€4.3m▼

Land and buildings22€3.7m€3.6m▼

Plant, machinery and equipment23€854,815€709,611▼

Financial fixed assets28€19.5m€19.5m=

Current assets29/58€3.7m€3.8m▲

Amounts receivable within one year40/41€1.2m€167,593▼

Trade receivables40€97,160€75,975▼

Other amounts receivable41€1.1m€91,618▼

Current investments50/53€1.8m€2.8m▲

Cash at bank and in hand54/58€699,540€797,282▲

Deferred charges and accrued income490/1€26,617€26,684▲

Equity and liabilities

Total equity and liabilities10/49€27.8m€27.6m▼

Equity10/15€26.9m€27.0m▲

Contributions10/11€15.3m€15.3m=

Capital10€15.3m€15.3m=

Issued capital100€15.3m€15.3m=

Revaluation surpluses12€131,375€131,375=

Reserves13€11.4m€11.6m▲

Non-distributable reserves130/1€737,647€737,647=

Legal reserve130€737,647€737,647=

Tax-exempt reserves132€600,433€542,719▼

Distributable reserves133€10.1m€10.3m▲

Profit (loss) carried forward14€0€0=

Provisions and deferred taxes16€257,727€228,008▼

Deferred taxes168€257,727€228,008▼

Amounts payable17/49€671,055€303,086▼

Amounts payable within one year42/48€670,571€302,587▼

Trade debts44€27,678€15,337▼

Suppliers440/4€27,678€15,337▼

Taxes, remuneration and social security45€1,108€4,524▲

Taxes450/3€1,108€4,524▲

Other amounts payable47/48€641,785€282,726▼

Accrued charges and deferred income492/3€484€499▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€307,760€302,641▼

Other operating charges640/8€15,101€16,809▲

Gross operating margin9900€419,859€371,029▼

Operating profit (loss)9901€96,998€51,579▼

Financial income75/76B€113,002€127,735▲

Recurring financial income75€113,002€127,735▲

Financial charges65/66B€59,121€34,722▼

Recurring financial charges65€59,121€34,722▼

Profit (loss) for the period before taxes9903€150,880€144,593▼

Transfer from deferred taxes780€31,306€29,719▼

Income taxes67/77€65,826€46,650▼

Profit (loss) for the period9904€116,360€127,661▲

Transfer from tax-exempt reserves789€60,798€57,715▼

Profit (loss) for the period to be appropriated9905€177,158€185,376▲

Appropriation of the result

Profit (loss) to be appropriated9906€177,158€185,376▲

Transfer from equity791/2€1.8m€0▼

Transfer to equity691/2€177,158€185,376▲

To other reserves6921€177,158€185,376▲

Profit to be distributed694/7€1.8m€0▼

Return on contributions (dividend)694€1.8m€0▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Non-recurring operating income76A	-	€0	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€255,960	€264,812	€295,528	€307,760	€302,641	▼ 1.7%
Other operating charges640/8	-	€13,269	€15,548	€15,101	€16,809	▲ 11.3%
Gross operating margin9900	€771,944	€413,104	€393,908	€419,859	€371,029	▼ 11.6%
Operating profit (loss)9901	€499,313	€135,024	€82,833	€96,998	€51,579	▼ 46.8%
Financial income75/76B	-	€121,178	€160,740	€113,002	€127,735	▲ 13.0%
Recurring financial income75	€3.0m	€121,178	€160,740	€113,002	€127,735	▲ 13.0%
Financial charges65/66B	-	€478,552	-€43,276	€59,121	€34,722	▼ 41.3%
Recurring financial charges65	€54,261	€478,552	-€43,276	€59,121	€34,722	▼ 41.3%
Profit (loss) for the period before taxes9903	€3.4m	-€222,350	€286,848	€150,880	€144,593	▼ 4.2%
Transfer from deferred taxes780	-	€29,022	€33,540	€31,306	€29,719	▼ 5.1%
Transfer to deferred taxes680	-	€0	-	-	-	-
Income taxes67/77	€81,696	€89,713	€60,766	€65,826	€46,650	▼ 29.1%
Profit (loss) for the period9904	€3.3m	-€283,042	€259,622	€116,360	€127,661	▲ 9.7%
Transfer from tax-exempt reserves789	-	€57,630	€65,137	€60,798	€57,715	▼ 5.1%
Transfer to tax-exempt reserves689	-	€0	-	-	-	-
Profit (loss) for the period to be appropriated9905	€3.1m	-€225,411	€324,759	€177,158	€185,376	▲ 4.6%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€32.4m	€32.1m	€32.4m	€27.8m	€27.6m	▼ 1.0%
Fixed assets21/28	€24.0m	€24.1m	€24.4m	€24.1m	€23.8m	▼ 1.3%
Tangible fixed assets22/27	€4.5m	€4.6m	€4.9m	€4.6m	€4.3m	▼ 6.6%
Land and buildings22	-	€4.0m	€3.9m	€3.7m	€3.6m	▼ 4.2%
Plant, machinery and equipment23	-	€591,560	€986,568	€854,815	€709,611	▼ 17.0%
Financial fixed assets28	€19.5m	€19.5m	€19.5m	€19.5m	€19.5m	=
Current assets29/58	€8.4m	€8.0m	€8.0m	€3.7m	€3.8m	▲ 0.9%
Amounts receivable within one year40/41	€4.3m	€3.7m	€2.1m	€1.2m	€167,593	▼ 86.2%
Trade receivables40	-	€199,118	€63,184	€97,160	€75,975	▼ 21.8%
Other amounts receivable41	-	€3.5m	€2.1m	€1.1m	€91,618	▼ 91.8%
Current investments50/53	€2.6m	€3.0m	€3.8m	€1.8m	€2.8m	▲ 54.7%
Cash at bank and in hand54/58	€1.5m	€1.2m	€2.0m	€699,540	€797,282	▲ 14.0%
Deferred charges and accrued income490/1	-	€11,631	€100,187	€26,617	€26,684	▲ 0.3%
Equity and liabilities
Total equity and liabilities10/49	€32.4m	€32.1m	€32.4m	€27.8m	€27.6m	▼ 1.0%
Equity10/15	€31.3m	€31.1m	€31.3m	€26.9m	€27.0m	▲ 0.5%
Contributions10/11	€18.1m	€18.1m	€18.1m	€15.3m	€15.3m	=
Capital10	-	€18.1m	€18.1m	€15.3m	€15.3m	=
Issued capital100	-	€18.1m	€18.1m	€15.3m	€15.3m	=
Revaluation surpluses12	-	€131,375	€131,375	€131,375	€131,375	=
Reserves13	€13.1m	€12.8m	€13.1m	€11.4m	€11.6m	▲ 1.1%
Non-distributable reserves130/1	-	€737,647	€737,647	€737,647	€737,647	=
Legal reserve130	-	€737,647	€737,647	€737,647	€737,647	=
Tax-exempt reserves132	-	€726,368	€661,231	€600,433	€542,719	▼ 9.6%
Distributable reserves133	-	€11.4m	€11.7m	€10.1m	€10.3m	▲ 1.8%
Profit (loss) carried forward14	-	-	-	€0	€0	-
Provisions and deferred taxes16	€351,595	€322,573	€289,033	€257,727	€228,008	▼ 11.5%
Deferred taxes168	-	€322,573	€289,033	€257,727	€228,008	▼ 11.5%
Amounts payable17/49	€711,088	€739,894	€774,599	€671,055	€303,086	▼ 54.8%
Amounts payable within one year42/48	€703,837	€738,550	€773,255	€670,571	€302,587	▼ 54.9%
Trade debts44	€17,414	€28,089	€27,353	€27,678	€15,337	▼ 44.6%
Suppliers440/4	-	€28,089	€27,353	€27,678	€15,337	▼ 44.6%
Taxes, remuneration and social security45	-	€1,250	€9,085	€1,108	€4,524	▲ 308%
Taxes450/3	-	€1,250	€9,085	€1,108	€4,524	▲ 308%
Other amounts payable47/48	-	€709,211	€736,817	€641,785	€282,726	▼ 55.9%
Accrued charges and deferred income492/3	-	€1,344	€1,344	€484	€499	▲ 3.2%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€3.3m	-€283,042	€259,622	€116,360	€127,661	▲ 9.7%
+ Depreciation and write-downs630	€255,960	€264,812	€295,528	€307,760	€302,641	▼ 1.7%
Operating cash flow (approximation)	€3.5m	-€18,230	€555,150	€424,120	€430,302	▲ 1.5%
Investment in fixed assets (approximation)	-	-€334,545	-€551,090	-€16,092	€0	▲ 100%
Change in cash	-	-€219,484	€766,363	-€1.3m	€97,742	▲ 108%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 16Financial 5Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-01-2027

2026

04-09

State Gazette act Reappointments: Anne-Sofie Doornaert, Dragan Doornaert and 2 others

Appointment: Eric Doornaert (managing director)9 facts ▸

General meeting, 07-12-2024
Director reappointment, Anne-Sofie Doornaert (director)
Director reappointment, Dragan Doornaert (director)
Director reappointment, Mirjana Savic (director)
Director reappointment, Eric Doornaert (director)
Board meeting, 02-09-2026
Director reappointment, Eric Doornaert (day-to-day manager)
Director appointment, Eric Doornaert (managing director)
Other statement, handelingen gesteld in hoedanigheid van feitelijk bestuurder, ratification of acts

08-01

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

30-06

Financial Liquidity doublescurrent ratio 12.47

Current ratio from 5.58 to 12.47; short-term debt falls from €670,571 to €302,587.

31-01

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2023

31-08

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

30-06

Financial Back to profitnet €259,622

Net result €259,622 after one loss-making year.

25-01

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

30-06

Financial Weakest financial yearnet -€283,042

Net result drops to -€283,042, the lowest in the series; recovery starts the following year.

31-01

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

30-06

Financial Highest result since 2019net €3.3m ▲364%

Operating result €499,313, net result €3.3m, both a record.

30-06

Financial Liquidity times 5current ratio 11.87

Current ratio from 2.39 to 11.87; short-term debt falls from €1.1m to €703,837.

2020

16-12

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

Show earlier events

2019

19-12

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2018

10-12

NBB filing Annual accounts filed

fiscal year 2018 · full schema

05-01

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2016

13-12

NBB filing Annual accounts filed

fiscal year 2016 · full schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

1 of 11 acts read

About the unread acts

Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

under verification, last change in 2026

This board is reconstructed from a single act (26358529). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 4

Anne-Sofie Doornaert

Director

Current

Dragan Doornaert

Director

Current

Eric Doornaert

Director

Current

Mirjana Savic

Director

Current

Day-to-day management 1

Eric Doornaert

Managing director · since 02-09-2026

Current

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

10 of this company's 11 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, Kortrijk · 1 establishment unit since 1986

seat establishment The establishment unit on the map

Ground area

6,975 m²

Building footprint

672 m²

Volume, LiDAR

3,758 m³

2 parcels, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

EDOSA NV

Wolvendreef(Kor) 26 H, 8500 KortrijkNACE 7412101

since 19862.036.189.851

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34022E0282/00K000	Flanders	4,174 m²	1 · 337 m²	9.2 m · 2 fl.
34022E0287/00L000	Flanders	2,801 m²	1 · 335 m²	10.8 m · 2 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.

Mandate history

4 people since 2026, 4 in office

All 4 In office 4

Board
Day-to-day management
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
Eric Doornaert	Managing director, from 02-09-2026 to date Director, already before 04-09-2026 to date
Anne-Sofie Doornaert	Director, already before 04-09-2026 to date
Dragan Doornaert	Director, already before 04-09-2026 to date
Mirjana Savic	Director, already before 04-09-2026 to date

See the board, name and seat on a given date →

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 30-06-2025 list no shareholders, and no other source names one.

Holdings 1

SAVICsubsidiary

Sourceown accounts 30-06-2025
Equity €11.9mResult €654,497

99.99%

According to the annual accounts to 30-06-2025 of EDOSA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

4 current directors

Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Recognitions · licences · registrations

Legal Entity Identifier

967600C7LKAMZK53D484

live in the LEI register

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Identification & contact

Identification

Legal formPublic limited company

Founded17-06-1986

Fiscal year end30-06

Activities, NACEBEL 2025

69201Certified accountants and tax accountants

E-invoicing

Reachable via Peppol

Peppol ID 0208:0429172045

Also 9925:BE0429172045

Registered 29-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.