EDSONS
ActiveSummary
EDSONS has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.9m and a net result of €2.1m. Equity is shrinking by ~6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38▲+6
Solvency53▲+6
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550,000 at 30 days acceptable
Liquidity short (current ratio 0.65 against 0.59 in 2024; short-term debt: 12.5% and cash: 0.7% of total assets), and 71.9% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
28.1%
Return on assets
6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €9.9m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
11 d late
2023
7 d early
2022
on the day
2021
3 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 1 day before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 28 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2.1m▲ 462%
2024 · €374,809
Working capital
-€1.5m▲ 28.8%
2024 · -€2.2m
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€332,470▲ 95.0%-€1.4m€494,484€1.4m▲ 182%€854,160▼ 38.8%
Net result€254,975▼ 27.9%-€1.2m-€252,918▲ 79.3%€374,809€2.1m▲ 462%
Equity€10.9m▲ 2.4%€7.7m▼ 29.4%€7.4m▼ 3.3%€7.8m▲ 5.0%€9.9m▲ 27.0%
Total assets€31.8m▼ 1.6%€38.0m▲ 19.4%€36.5m▼ 3.9%€35.9m▼ 1.8%€35.2m▼ 1.7%
Debt€17.6m▼ 3.8%€27.1m▲ 53.8%€26.0m▼ 4.1%€25.4m▼ 2.3%€22.7m▼ 10.3%
Working capital€907,676-€8.0m-€2.5m▲ 68.8%-€2.2m▲ 13.1%-€1.5m▲ 28.8%
Staff (FTE)0
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35.2m
Fixed assets
€32.4m ▼ 1.2%
Current assets
€2.9m ▼ 7.1%
Equity and liabilities €35.2m
Equity
€9.9m ▲ 27.0%
Provisions
€2.6m ▼ 4.0%
Debt
€22.7m ▼ 10.3%
Debt's share of the balance-sheet total falls from 70.7% to 64.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.3m▼
2024 · €1.9m
Cash flow
€2.6m▲
2024 · €837,962
Current ratio
0.65▲
2024 · 0.59
Debt to equity
2.29▼
2024 · 3.25
ROE
21.3%▲
2024 · 4.8%
ROA
6.0%▲
2024 · 1.0%
Interest coverage
1.40▼
2024 · 1.42
Debt ≤ 1 year
€4.4m▼
2024 · €5.2m
Debt > 1 year
€18.3m▼
2024 · €20.1m
Income taxes
€47,394▼
2024 · €185,197
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 | - | - | €121,097 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €324,628 | €1.3m | €519,222 | €463,153 | €468,197 | ▲ 1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €6,643 | - | €83,994 | - |
| Other operating charges640/8 | €51,906 | €601,880 | €74,973 | €75,253 | €81,051 | ▲ 7.7% |
| Gross operating margin9900 | €709,004 | €493,644 | €1.1m | €1.9m | €1.5m | ▼ 23.1% |
| Operating profit (loss)9901 | €332,470 | -€1.4m | €494,484 | €1.4m | €854,160 | ▼ 38.8% |
| Financial income75/76B | €176,341 | €550,000 | €11,318 | €45,410 | €2.1m | ▲ 4,607% |
| Recurring financial income75 | €176,341 | €550,000 | €11,318 | €45,410 | €2.1m | ▲ 4,607% |
| Financial charges65/66B | €338,982 | €666,785 | €877,982 | €1.3m | €945,437 | ▼ 27.5% |
| Recurring financial charges65 | €338,982 | €666,785 | €877,982 | €1.3m | €945,437 | ▼ 27.5% |
| Profit (loss) for the period before taxes9903 | €169,828 | -€1.5m | -€372,180 | €135,640 | €2.0m | ▲ 1,409% |
| Transfer from deferred taxes780 | €85,146 | €279,518 | €119,288 | €424,366 | €108,381 | ▼ 74.5% |
| Income taxes67/77 | €0 | - | €26 | €185,197 | €47,394 | ▼ 74.4% |
| Profit (loss) for the period9904 | €254,975 | -€1.2m | -€252,918 | €374,809 | €2.1m | ▲ 462% |
| Transfer from tax-exempt reserves789 | €167,194 | - | €258,656 | €984,944 | €232,689 | ▼ 76.4% |
| Profit (loss) for the period to be appropriated9905 | €422,169 | -€1.2m | €5,739 | €1.4m | €2.3m | ▲ 72.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €31.8m | €38.0m | €36.5m | €35.9m | €35.2m | ▼ 1.7% |
| Fixed assets21/28 | €29.9m | €36.6m | €34.9m | €32.8m | €32.4m | ▼ 1.2% |
| Tangible fixed assets22/27 | €10.4m | €17.1m | €16.6m | €13.8m | €13.4m | ▼ 2.9% |
| Land and buildings22 | €10.4m | €17.1m | €16.6m | €13.8m | €13.4m | ▼ 2.9% |
| Furniture and vehicles24 | €740 | €348 | - | - | - | - |
| Financial fixed assets28 | €19.5m | €19.5m | €18.3m | €18.9m | €18.9m | = |
| Current assets29/58 | €1.9m | €1.4m | €1.6m | €3.1m | €2.9m | ▼ 7.1% |
| Amounts receivable within one year40/41 | €236,830 | €705,882 | €933,174 | €2.8m | €2.6m | ▼ 5.8% |
| Trade receivables40 | €236,830 | €295,882 | €61,442 | €804,176 | €11,378 | ▼ 98.6% |
| Other amounts receivable41 | - | €410,000 | €871,732 | €2.0m | €2.6m | ▲ 31.9% |
| Current investments50/53 | €1.5m | €618,203 | €618,203 | - | - | - |
| Cash at bank and in hand54/58 | €212,772 | €21,074 | €58,938 | €296,582 | €237,977 | ▼ 19.8% |
| Deferred charges and accrued income490/1 | €5,950 | €6,641 | €784 | €9,348 | €8,847 | ▼ 5.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €31.8m | €38.0m | €36.5m | €35.9m | €35.2m | ▼ 1.7% |
| Equity10/15 | €10.9m | €7.7m | €7.4m | €7.8m | €9.9m | ▲ 27.0% |
| Contributions10/11 | €237,564 | €237,564 | €237,564 | €237,564 | €237,564 | = |
| Capital10 | €237,564 | €237,564 | €237,564 | €237,564 | €237,564 | = |
| Issued capital100 | €237,564 | €237,564 | €237,564 | €237,564 | €237,564 | = |
| Reserves13 | €8.5m | €6.8m | €6.6m | €5.6m | €5.4m | ▼ 4.2% |
| Non-distributable reserves130/1 | €27,947 | €27,947 | €23,756 | €23,756 | €23,756 | = |
| Legal reserve130 | €23,756 | €23,756 | €23,756 | €23,756 | €23,756 | = |
| Reserves not available under the articles1311 | €4,191 | €4,191 | - | - | - | - |
| Tax-exempt reserves132 | €7.0m | €6.8m | €6.6m | €5.6m | €5.3m | ▼ 4.2% |
| Distributable reserves133 | €1.5m | - | €4,191 | €4,191 | €4,191 | = |
| Profit (loss) carried forward14 | €2.2m | €606,638 | €612,376 | €2.0m | €4.3m | ▲ 119% |
| Provisions and deferred taxes16 | €3.3m | €3.2m | €3.1m | €2.7m | €2.6m | ▼ 4.0% |
| Deferred taxes168 | €3.3m | €3.2m | €3.1m | €2.7m | €2.6m | ▼ 4.0% |
| Amounts payable17/49 | €17.6m | €27.1m | €26.0m | €25.4m | €22.7m | ▼ 10.3% |
| Amounts payable after more than one year17 | €16.6m | €17.8m | €21.9m | €20.1m | €18.3m | ▼ 8.8% |
| Financial debts170/4 | €16.6m | €16.3m | €21.8m | €20.1m | €18.2m | ▼ 9.2% |
| Other amounts payable178/9 | €6,600 | €1.5m | €41,600 | €41,600 | €118,750 | ▲ 185% |
| Amounts payable within one year42/48 | €1.0m | €9.3m | €4.1m | €5.2m | €4.4m | ▼ 16.0% |
| Current portion of amounts payable after more than one year42 | €40,000 | €80,000 | €722,000 | €791,000 | €976,000 | ▲ 23.4% |
| Financial debts43 | €448,648 | €4.5m | €2.4m | €2.4m | €2.6m | ▲ 6.2% |
| Credit institutions430/8 | €448,648 | €4.5m | €2.4m | €2.4m | €2.6m | ▲ 6.2% |
| Trade debts44 | €41,360 | €2.9m | €28,806 | €10,608 | €9,340 | ▼ 12.0% |
| Suppliers440/4 | €41,360 | €2.9m | €28,806 | €10,608 | €9,340 | ▼ 12.0% |
| Advances received on contracts in progress46 | €109,965 | €119,561 | €157,251 | €181,629 | €173,785 | ▼ 4.3% |
| Taxes, remuneration and social security45 | - | - | - | €177,125 | €53,375 | ▼ 69.9% |
| Taxes450/3 | - | - | - | €177,125 | €53,375 | ▼ 69.9% |
| Other amounts payable47/48 | €372,964 | €1.8m | €745,748 | €1.6m | €605,111 | ▼ 63.3% |
| Accrued charges and deferred income492/3 | €216 | - | €24 | €84 | €107 | ▲ 27.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €254,975 | -€1.2m | -€252,918 | €374,809 | €2.1m | ▲ 462% |
| + Depreciation and write-downs630 | €324,628 | €1.3m | €519,222 | €463,153 | €468,197 | ▲ 1.1% |
| Operating cash flow (approximation) | €579,603 | €54,497 | €266,304 | €837,962 | €2.6m | ▲ 207% |
| Investment in fixed assets (approximation) | - | -€8.0m | €1.2m | €1.7m | -€67,840 | ▼ 104% |
| Change in cash | - | -€191,699 | €37,864 | €237,644 | -€58,605 | ▼ 125% |
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
04-09
State Gazette act
Merger · Other statement
Corporate purpose · Accounting effect
04-09
State Gazette act
Merger · Corporate purpose
Accounting effect · Shareholding
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 11 days late
2024
31-12
Financial
Back to profitnet €374,809
Net result €374,809 after 2 loss-making years.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet -€1.2m
Net result drops to -€1.2m, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity times 6current ratio 1.90
Current ratio from 0.31 to 1.90; short-term debt falls from €18.3m to €1.0m.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
31-12
Financial
Highest result since 2018net €2.2m ▲57.6%
Net result €2.2m, the highest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-07
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.
0 of 11 acts read
About the unread acts
We know of 11 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
No directors read yet: 0 of 11 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 1977
Ground area
154 m²
Building footprint
154 m²
Volume, LiDAR
1,041 m³
Parcel 21612C0294/00H013, Brussels · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
17
companies at this address
See who is registered here
1 establishment unit
Hamoirlaan 25, 1180 Ukkel
since 19772.076.724.369
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0294/00H013 | Brussels | 154 m² | 1 · 154 m² | 9.1 m · 2 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 owner · 4 holdingsChain of control
- IMMO HAMOIR
- EDSONS
Highest known parent: IMMO HAMOIR. The sources do not say who stands above it.
Owners 1
- IMMO HAMOIRparent100%
Holdings 4
-
100%
-
100%
-
100%
-
100%
According to the 2025 annual accounts of EDSONS 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300EDUIWOTL3SLW18
Company details
Identification
Legal formPublic limited company
Founded24-06-1977
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.