EDREM
ActiveSummary
EDREM has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €417,260 and a net result of €101,514. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 65% of 14258 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▼-13
Solvency75▼-25
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.66 against 8.75 in 2024; short-term debt: 39.6% and cash: 13.1% of total assets), and 50.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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
49.9%
Return on assets
12.2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
4 d early
2022
13 d early
2021
3 d early
2020
155 d early
2019
27 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 29 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 27 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€417,260▲ 32.2%
2024 · €315,746
Total assets
€835,421▲ 133%
2024 · €358,141
Net result
€101,514▲ 24.9%
2024 · €81,277
Working capital
-€111,478
2024 · €253,959
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate 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€81,280▼ 1.2%€70,007▼ 13.9%€75,253▲ 7.5%€100,082▲ 33.0%€140,579▲ 40.5%
Net result€62,108above the sector's middle half▼ 3.0%€54,601above the sector's middle half▼ 12.1%€52,490above the sector's middle half▼ 3.9%€81,277above the sector's middle half▲ 54.8%€101,514above the sector's middle half▲ 24.9%
Equity€186,203within the sector's middle half▼ 23.7%€181,979within the sector's middle half▼ 2.3%€234,469within the sector's middle half▲ 28.8%€315,746within the sector's middle half▲ 34.7%€417,260above the sector's middle half▲ 32.2%
Total assets€338,245within the sector's middle half▲ 1.5%€318,850within the sector's middle half▼ 5.7%€290,234within the sector's middle half▼ 9.0%€358,141within the sector's middle half▲ 23.4%€835,421within the sector's middle half▲ 133%
Debt€152,042▲ 70.8%€136,871▼ 10.0%€55,765▼ 59.3%€42,395▼ 24.0%€418,161▲ 886%
Working capital€132,008above the sector's middle half▼ 30.1%€128,663above the sector's middle half▼ 2.5%€176,038above the sector's middle half▲ 36.8%€253,959above the sector's middle half▲ 44.3%-€111,478below the sector's middle half
Solvency55.0%within the sector's middle half▼ 18.2pp57.1%within the sector's middle half▲ 2.0pp80.8%above the sector's middle half▲ 23.7pp88.2%above the sector's middle half▲ 7.4pp49.9%within the sector's middle half▼ 38.2pp
Current ratio2.12within the sector's middle half▼ 2.972.16within the sector's middle half▲ 0.045.65above the sector's middle half▲ 3.488.75above the sector's middle half▲ 3.100.66within the sector's middle half▼ 8.09
Return on assets (ROA)18.4%above the sector's middle half▼ 0.9pp17.1%above the sector's middle half▼ 1.2pp18.1%above the sector's middle half▲ 1.0pp22.7%above the sector's middle half▲ 4.6pp12.2%above the sector's middle half▼ 10.5pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate 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
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 40% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €835,421
Fixed assets
€615,882 ▲ 762%
Current assets
€219,539 ▼ 23.4%
Equity and liabilities €835,421
Equity
€417,260 ▲ 32.2%
Debt
€418,161 ▲ 886%
Debt's share of the balance-sheet total rises from 11.8% to 50.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€145,128▲
2024 · €104,985
Cash flow
€106,064▲
2024 · €86,180
Debt to equity
1.00▲
2024 · 0.13
ROE
24.3%▼
2024 · 25.7%
Interest coverage
27.46▼
2024 · 39.99
Debt ≤ 1 year
€331,017▲
2024 · €32,760
Debt > 1 year
€84,532▲
2024 · €9,035
Income taxes
€36,026▲
2024 · €21,057
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €8,000 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,279 | €9,109 | €5,123 | €4,903 | €4,550 | ▼ 7.2% |
| Other operating charges640/8 | €1,130 | €1,457 | €1,232 | €1,260 | €1,435 | ▲ 13.9% |
| Gross operating margin9900 | €97,688 | €80,573 | €81,608 | €106,245 | €146,563 | ▲ 37.9% |
| Operating profit (loss)9901 | €81,280 | €70,007 | €75,253 | €100,082 | €140,579 | ▲ 40.5% |
| Financial income75/76B | €90 | €1 | €163 | €4,878 | €2,246 | ▼ 54.0% |
| Recurring financial income75 | €90 | €1 | €163 | €4,878 | €2,246 | ▼ 54.0% |
| Financial charges65/66B | €854 | €1,027 | €2,885 | €2,625 | €5,284 | ▲ 101% |
| Recurring financial charges65 | €854 | €1,027 | €2,885 | €2,625 | €5,284 | ▲ 101% |
| Profit (loss) for the period before taxes9903 | €80,516 | €68,981 | €72,530 | €102,334 | €137,540 | ▲ 34.4% |
| Income taxes67/77 | €18,408 | €14,380 | €20,040 | €21,057 | €36,026 | ▲ 71.1% |
| Profit (loss) for the period9904 | €62,108 | €54,601 | €52,490 | €81,277 | €101,514 | ▲ 24.9% |
| Profit (loss) for the period to be appropriated9905 | €62,108 | €54,601 | €52,490 | €81,277 | €101,514 | ▲ 24.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €338,245 | €318,850 | €290,234 | €358,141 | €835,421 | ▲ 133% |
| Fixed assets21/28 | €88,772 | €79,663 | €76,325 | €71,421 | €615,882 | ▲ 762% |
| Tangible fixed assets22/27 | €88,772 | €79,663 | €76,325 | €71,421 | €66,872 | ▼ 6.4% |
| Land and buildings22 | €83,888 | €75,938 | €73,758 | €69,651 | €65,544 | ▼ 5.9% |
| Plant, machinery and equipment23 | €1,061 | €707 | €354 | €0 | - | - |
| Furniture and vehicles24 | €0 | - | - | - | - | - |
| Other tangible fixed assets26 | €3,823 | €3,018 | €2,213 | €1,770 | €1,328 | ▼ 25.0% |
| Financial fixed assets28 | - | - | - | - | €549,010 | - |
| Current assets29/58 | €249,473 | €239,187 | €213,909 | €286,719 | €219,539 | ▼ 23.4% |
| Amounts receivable after more than one year29 | €0 | €61,254 | €92,064 | €130,172 | €0 | ▼ 100% |
| Trade receivables290 | - | €61,254 | €92,064 | €130,172 | €0 | ▼ 100% |
| Other amounts receivable291 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €156,489 | €96,230 | €104,877 | €120,942 | €103,979 | ▼ 14.0% |
| Trade receivables40 | €155,859 | €95,493 | €103,369 | €113,823 | €103,979 | ▼ 8.6% |
| Other amounts receivable41 | €630 | €737 | €1,508 | €7,119 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €90,612 | €79,049 | €15,618 | €29,171 | €109,757 | ▲ 276% |
| Deferred charges and accrued income490/1 | €2,372 | €2,654 | €1,351 | €6,435 | €5,803 | ▼ 9.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €338,245 | €318,850 | €290,234 | €358,141 | €835,421 | ▲ 133% |
| Equity10/15 | €186,203 | €181,979 | €234,469 | €315,746 | €417,260 | ▲ 32.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €54,350 | €54,350 | €54,350 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | €54,350 | €54,350 | €54,350 | = |
| Profit (loss) carried forward14 | €165,743 | €161,519 | €161,519 | €242,796 | €344,310 | ▲ 41.8% |
| Amounts payable17/49 | €152,042 | €136,871 | €55,765 | €42,395 | €418,161 | ▲ 886% |
| Amounts payable after more than one year17 | €33,580 | €25,475 | €17,294 | €9,035 | €84,532 | ▲ 836% |
| Financial debts170/4 | €33,580 | €25,475 | €17,294 | €9,035 | €84,532 | ▲ 836% |
| Amounts payable within one year42/48 | €117,465 | €110,524 | €37,871 | €32,760 | €331,017 | ▲ 910% |
| Current portion of amounts payable after more than one year42 | €8,370 | €8,105 | €8,181 | €8,259 | €21,324 | ▲ 158% |
| Financial debts43 | €0 | €15,000 | €11,305 | €0 | €124,861 | - |
| Credit institutions430/8 | €0 | €15,000 | €11,305 | €0 | - | - |
| Other loans439 | - | - | - | - | €124,861 | - |
| Trade debts44 | €4,025 | €3,487 | €3,425 | €712 | €4,806 | ▲ 575% |
| Suppliers440/4 | €4,025 | €3,487 | €3,425 | €712 | €4,806 | ▲ 575% |
| Taxes, remuneration and social security45 | €30,502 | €17,474 | €14,959 | €23,789 | €37,469 | ▲ 57.5% |
| Taxes450/3 | €30,502 | €17,474 | €14,959 | €23,789 | €37,469 | ▲ 57.5% |
| Other amounts payable47/48 | €74,569 | €66,459 | €0 | - | €142,556 | - |
| Accrued charges and deferred income492/3 | €997 | €872 | €600 | €600 | €2,612 | ▲ 335% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,108 | €54,601 | €52,490 | €81,277 | €101,514 | ▲ 24.9% |
| + Depreciation and write-downs630 | €15,279 | €9,109 | €5,123 | €4,903 | €4,550 | ▼ 7.2% |
| Operating cash flow (approximation) | €77,387 | €63,710 | €57,613 | €86,180 | €106,064 | ▲ 23.1% |
| Investment in fixed assets (approximation) | - | €0 | -€1,785 | €0 | -€549,010 | - |
| Change in cash | - | -€11,563 | -€63,431 | €13,553 | €80,586 | ▲ 495% |
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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €101,514 ▲24.9%
Operating result €140,579, net result €101,514, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €52,490 ▼3.9%
Net result drops to €52,490, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity triplescurrent ratio 5.65
Current ratio from 2.16 to 5.65; short-term debt falls from €110,524 to €37,871.
30-09
Financial
Equity above €200,000Eq €234,469 ▲28.8%
6 profitable years in a row build equity to €234,469.
17-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-09
Financial
Equity above €200,000Eq €244,154 ▲35.6%
3 profitable years in a row build equity to €244,154.
03-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
30-09
Financial
Liquidity triplescurrent ratio 4.91
Current ratio from 1.74 to 4.91; short-term debt falls from €62,038 to €32,489.
30-09
Financial
Equity above €150,000Eq €180,118 ▲75.1%
2 profitable years in a row build equity to €180,118.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Izegem · 1 establishment unit since 2016
Ground area
258 m²
Building footprint
258 m²
Volume, LiDAR
2,938 m³
Parcel 36494D1125/00F002, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ROMEL STIJN
since 20162.252.769.867
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494D1125/00F002 | Flanders | 258 m² | 1 · 258 m² | 15.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-09-2025 list no shareholders, and no other source names one.
Holdings 1
-
40.28%
According to the annual accounts to 30-09-2025 of EDREM 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
No current directors or connected companies found in the register.
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Of 11,757 companies in sector 68310 we hold annual accounts for 6,914. 4,745 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
Founded26-04-2016
Fiscal year end30-09
Activities, NACEBEL 2025
68310Real estate agency activities
68203Renting and operating of own or leased non-residential real estate, excluding land
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
E-invoicing
Reachable via Peppol
Peppol ID
0208:0652822470
Also
9925:BE0652822470
Registered
31-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.