EDUMAX
ActiveSummary
EDUMAX has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-5k) and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 807 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability78▲+78
Solvency9▲+2
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.86 against 0.74 in 2023; short-term debt: 112.8% and cash: 19.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six 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 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← 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
-16.1%
Return on assets
7.7%
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 807 sector peers (2024).
NBB · sector comparisonPosition among 807 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-07-2025, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
19 d early
2023
26 d early
2022
1 d early
2021
31 d late
2020
87 d late
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-5k▲ 32.3%
2023 · €-7k
2018: €55k
2019: €29k▼ -47.0% vs 2018
2020: €32k▲ +8.4% vs 2019
2021: €121k▲ +282% vs 2020highest in 7 years
2022: €42k▼ -65.5% vs 2021
2023: €-7k▼ -117% vs 2022lowest in 7 years
2024: €-5k▲ +32.3% vs 2023
2018 → 2024
Total assets
€30k▼ 26.1%
2023 · €41k
2018: €76k
2019: €92k▲ +21.6% vs 2018
2020: €103k▲ +11.4% vs 2019
2021: €159k▲ +54.9% vs 2020highest in 7 years
2022: €129k▼ -19.2% vs 2021
2023: €41k▼ -68.2% vs 2022
2024: €30k▼ -26.1% vs 2023lowest in 7 years
2018 → 2024
Net result
€2k
2023 · €-49k
2018: €1k
2019: €14k▲ +948% vs 2018
2020: €47k▲ +236% vs 2019
2021: €89k▲ +87.5% vs 2020highest in 7 years
2022: €-29k▼ -133% vs 2021
2023: €-49k▼ -68.0% vs 2022lowest in 7 years
2024: €2k▲ +105% vs 2023
2018 → 2024
Working capital
€-5k▲ 62.7%
2023 · €-12k
2018: €51k
2019: €26k▼ -49.3% vs 2018
2020: €19k▼ -25.8% vs 2019
2021: €109k▲ +468% vs 2020highest in 7 years
2022: €33k▼ -69.4% vs 2021
2023: €-12k▼ -137% vs 2022lowest in 7 years
2024: €-5k▲ +62.7% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€32k-€121k▲ 282%€42k▼ 65.5%€-7k€-5k▲ 32.3%
2020: €32k
2021: €121k▲ +282% vs 2020highest in 5 years
2022: €42k▼ -65.5% vs 2021
2023: €-7k▼ -117% vs 2022lowest in 5 years
2024: €-5k▲ +32.3% vs 2023
Operating result€63k-€123k▲ 95.4%€-29k€-50k▼ 72.9%€791
2020: €63k
2021: €123k▲ +95.4% vs 2020highest in 5 years
2022: €-29k▼ -124% vs 2021
2023: €-50k▼ -72.9% vs 2022lowest in 5 years
2024: €791▲ +102% vs 2023
Net result€47k-€89k▲ 87.5%€-29k€-49k▼ 68.0%€2k
2020: €47k
2021: €89k▲ +87.5% vs 2020highest in 5 years
2022: €-29k▼ -133% vs 2021
2023: €-49k▼ -68.0% vs 2022lowest in 5 years
2024: €2k▲ +105% vs 2023
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: €791 after a loss of €50k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €30k
Fixed assets
€730 ▼ 85.8%
Current assets
€30k ▼ 17.5%
Key figures and ratios
EBITDA
€2k▲
2023 · €-46k
Cash flow
€3k▲
2023 · €-45k
Solvency
-16.1%▲
2023 · -17.6%
Current ratio
0.86▲
2023 · 0.74
Debt to equity
-7.20▼
2023 · -6.68
ROA
7.7%▲
2023 · -119.0%
Interest coverage
7.48▲
2023 · -933.92
Debt
€35k▼
2023 · €48k
Debt ≤ 1 year
€34k▼
2023 · €48k
Income taxes
€200▼
2023 · €211
Staff costs
€102k▲
2023 · €99k
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 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€41k€30k▼
Fixed assets21/28€5k€730▼
Tangible fixed assets22/27€5k€730▼
Plant, machinery and equipment23€282€82▼
Furniture and vehicles24€5k€648▼
Current assets29/58€36k€30k▼
Amounts receivable within one year40/41€21k€23k▲
Trade receivables40€20k€23k▲
Other amounts receivable41€480€0▼
Cash at bank and in hand54/58€13k€6k▼
Deferred charges and accrued income490/1€2k€387▼
Equity and liabilities
Total equity and liabilities10/49€41k€30k▼
Equity10/15€-7k€-5k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-13k€-11k▲
Amounts payable17/49€48k€35k▼
Amounts payable within one year42/48€48k€34k▼
Trade debts44€12k€7k▼
Suppliers440/4€12k€7k▼
Advances received on contracts in progress46€3k€0▼
Taxes, remuneration and social security45€32k€27k▼
Taxes450/3€13k€14k▲
Remuneration and social security454/9€19k€13k▼
Other amounts payable47/48€2k€104▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20232024
Remuneration, social security and pensions62€99k€102k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€935▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€970€893▼
Non-recurring operating charges66A-€144
Gross operating margin9900€54k€106k▲
Operating profit (loss)9901€-50k€791▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€49€231▲
Recurring financial charges65€49€231▲
Profit (loss) for the period before taxes9903€-49k€3k▲
Income taxes67/77€211€200▼
Profit (loss) for the period9904€-49k€2k▲
Profit (loss) for the period to be appropriated9905€-49k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-49k€-11k▲
Profit (loss) brought forward from the previous period14P-€-13k
Transfer from equity791/2€35k€0▼
Social balance
Average headcount (FTE)9087-1.0
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €107k | €96k | €99k | €102k | ▲ 2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €4k | €4k | €4k | €935 | ▼ 77.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €2k | - |
| Other operating charges640/8 | - | €408 | €643 | €970 | €893 | ▼ 7.9% |
| Non-recurring operating charges66A | - | - | - | - | €144 | - |
| Gross operating margin9900 | €104k | €235k | €72k | €54k | €106k | ▲ 96.9% |
| Operating profit (loss)9901 | €63k | €123k | €-29k | €-50k | €791 | ▲ 102% |
| Financial income75/76B | - | €6 | €3k | €2k | €2k | ▲ 18.5% |
| Recurring financial income75 | €15 | €6 | €3k | €2k | €2k | ▲ 18.5% |
| Financial charges65/66B | - | €91 | €3k | €49 | €231 | ▲ 368% |
| Recurring financial charges65 | €204 | €91 | €3k | €49 | €231 | ▲ 368% |
| Profit (loss) for the period before taxes9903 | €63k | €123k | €-29k | €-49k | €3k | ▲ 105% |
| Income taxes67/77 | €15k | €34k | €149 | €211 | €200 | ▼ 5.4% |
| Profit (loss) for the period9904 | €47k | €89k | €-29k | €-49k | €2k | ▲ 105% |
| Profit (loss) for the period to be appropriated9905 | €47k | €89k | €-29k | €-49k | €2k | ▲ 105% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €103k | €159k | €129k | €41k | €30k | ▼ 26.1% |
| Fixed assets21/28 | €12k | €12k | €9k | €5k | €730 | ▼ 85.8% |
| Tangible fixed assets22/27 | €12k | €12k | €9k | €5k | €730 | ▼ 85.8% |
| Plant, machinery and equipment23 | - | €649 | €466 | €282 | €82 | ▼ 71.0% |
| Furniture and vehicles24 | - | €11k | €8k | €5k | €648 | ▼ 86.7% |
| Current assets29/58 | €90k | €147k | €120k | €36k | €30k | ▼ 17.5% |
| Amounts receivable within one year40/41 | €42k | €26k | €84k | €21k | €23k | ▲ 13.7% |
| Trade receivables40 | - | €21k | €34k | €20k | €23k | ▲ 16.4% |
| Other amounts receivable41 | - | €5k | €50k | €480 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €49k | €120k | €36k | €13k | €6k | ▼ 56.2% |
| Deferred charges and accrued income490/1 | - | €678 | €274 | €2k | €387 | ▼ 80.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €103k | €159k | €129k | €41k | €30k | ▼ 26.1% |
| Equity10/15 | €32k | €121k | €42k | €-7k | €-5k | ▲ 32.3% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €25k | €114k | €35k | - | - | - |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €113k | €33k | - | - | - |
| Profit (loss) carried forward14 | €47k | - | - | €-13k | €-11k | ▲ 17.4% |
| Amounts payable17/49 | €71k | €39k | €87k | €48k | €35k | ▼ 27.0% |
| Amounts payable within one year42/48 | €71k | €38k | €87k | €48k | €34k | ▼ 29.1% |
| Trade debts44 | €7k | €4k | €4k | €12k | €7k | ▼ 39.1% |
| Suppliers440/4 | - | €4k | €4k | €12k | €7k | ▼ 39.1% |
| Advances received on contracts in progress46 | - | - | - | €3k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €33k | €33k | €32k | €27k | ▼ 15.2% |
| Taxes450/3 | - | €21k | €22k | €13k | €14k | ▲ 7.8% |
| Remuneration and social security454/9 | - | €12k | €11k | €19k | €13k | ▼ 30.2% |
| Other amounts payable47/48 | - | €998 | €50k | €2k | €104 | ▼ 95.0% |
| Accrued charges and deferred income492/3 | - | €600 | €600 | - | €1k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47k | €89k | €-29k | €-49k | €2k | ▲ 105% |
| + Depreciation and write-downs630 | €3k | €4k | €4k | €4k | €935 | ▼ 77.2% |
| Operating cash flow (approximation) | €50k | €93k | €-25k | €-45k | €3k | ▲ 107% |
| Investment in fixed assets (approximation) | - | €-4k | €-1k | €-564 | €3k | ▲ 718% |
| Change in cash | - | €72k | €-85k | €-23k | €-7k | ▲ 67.1% |
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
2025
12-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-49k
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €89k ▲87.5%
Operating result €123k, net result €89k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.86
Current ratio from 1.27 to 3.86; short-term debt falls from €71k to €38k.
31-12
Financial
Equity above €100kEq €121k ▲282%
4 profitable years in a row build equity to €121k.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 87 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
Show earlier events
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Tessenderlo-Ham · 2 establishment units since 2013
Ground area
1.6 ha
Building footprint
5,661 m²
Volume, LiDAR
1,763 m³
3 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
2 establishment units
EDUMAX
since 20132.216.592.629
Truibroek 51, 3945 Tessenderlo-Ham
since 20252.369.395.244
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71046B0809/00R000 | Flanders | 1.2 ha | 1 · 5,348 m² | - |
| 71362B1240/00C000 | Flanders | 1,720 m² | 1 · 203 m² | 8.5 m · 2 fl. |
| 71362B1233/00G000 | Flanders | 1,444 m² | 1 · 110 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,670 companies in sector 85599 we hold annual accounts for 1,330. 1,005 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
Founded22-01-2013
Fiscal year end31-12
Activities, NACEBEL 2025
85592Vocational training
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.