Edward Taelman
ActiveEdward Taelman has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €262k and a net result of €90k. Equity is growing by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+18
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 5.66 against 2.2 in 2023; short-term debt: 17% and cash: 93.5% of total assets), and 17.3% of the assets are financed with debt.
Credit advice 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
82.7%
Return on assets
28.2%
Age of the figures
21 mo
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 30-06-2025, 31 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
12 d early
2022
31 d late
2021
22 d late
2020
17 d late
2019
81 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€262k▲ 51.9%
2023 · €173k
2018: €28k
2019: €92k
2020: €164k
2021: €101k
2022: €172k
2023: €173k
2018 → 2024
Total assets
€317k▲ 5.5%
2023 · €301k
2018: €41k
2019: €122k
2020: €173k
2021: €265k
2022: €215k
2023: €301k
2018 → 2024
Net result
€90k▼ 10.7%
2023 · €100k
2018: €16k
2019: €64k
2020: €71k
2021: €81k
2022: €92k
2023: €100k
2018 → 2024
Working capital
€251k▲ 64.0%
2023 · €153k
2018: €28k
2019: €91k
2020: €123k
2021: €64k
2022: €145k
2023: €153k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€164k-€101k▼ 38.5%€172k▲ 71.3%€173k▲ 0.3%€262k▲ 51.9%
Operating result€90k-€104k▲ 15.2%€118k▲ 13.4%€130k▲ 9.9%€118k▼ 8.9%
Net result€71k-€81k▲ 13.1%€92k▲ 13.6%€100k▲ 9.5%€90k▼ 10.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 9% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €317k
Fixed assets
€12k▼ 37.5%
Current assets
€305k▲ 8.5%
Equity and liabilities €317k
Equity
€262k▲ 51.9%
Debt
€55k▼ 57.1%
The debt ratio falls from 42.6% to 17.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€127k▼
2023 · €138k
Cash flow
€98k▼
2023 · €109k
Solvency
82.7%▲
2023 · 57.4%
Current ratio
5.66▲
2023 · 2.20
Quick ratio
5.66▲
2023 · 2.20
Debt / equity
0.21▼
2023 · 0.74
ROE
34.2%▼
2023 · 58.1%
ROA
28.2%▼
2023 · 33.4%
Interest coverage
823.35▼
2023 · 1243.71
Debt
€55k▼
2023 · €128k
Debt ≤ 1 year
€54k▼
2023 · €128k
Income taxes
€28k▼
2023 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€301k€317k▲
Fixed assets21/28€20k€12k▼
Tangible fixed assets22/27€19k€11k▼
Plant, machinery and equipment23-€753
Furniture and vehicles24€16k€9k▼
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€1k€1k=
Current assets29/58€281k€305k▲
Amounts receivable within one year40/41-€7k
Trade receivables40-€886
Other amounts receivable41-€6k
Cash at bank and in hand54/58€281k€297k▲
Deferred charges and accrued income490/1€211€1k▲
Equity and liabilities
Total equity and liabilities10/49€301k€317k▲
Equity10/15€173k€262k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€152k€242k▲
Amounts payable17/49€128k€55k▼
Amounts payable within one year42/48€128k€54k▼
Trade debts44€5k€9k▲
Suppliers440/4€5k€9k▲
Taxes, remuneration and social security45€7k€26k▲
Taxes450/3€4k€23k▲
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€116k€19k▼
Accrued charges and deferred income492/3€20€1k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲
Other operating charges640/8€623€3k▲
Non-recurring operating charges66A€809-
Gross operating margin9900€139k€130k▼
Operating profit (loss)9901€130k€118k▼
Financial income75/76B-€150
Recurring financial income75-€150
Financial charges65/66B€111€154▲
Recurring financial charges65€111€154▲
Profit (loss) for the period before taxes9903€130k€118k▼
Income taxes67/77€29k€28k▼
Profit (loss) for the period9904€100k€90k▼
Profit (loss) for the period to be appropriated9905€100k€90k▼
Appropriation of the result
Profit (loss) to be appropriated9906€252k€242k▼
Profit (loss) brought forward from the previous period14P€152k€152k▲
Profit to be distributed694/7€100k-
Return on contributions (dividend)694€100k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 5.66
Current ratio from 2.20 to 5.66; short-term debt falls from €128k to €54k.
31-12
Financial
Equity above €200kEq €262k ▲51.9%
7 profitable years in a row build equity to €262k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €100k ▲9.5%
Operating result €130k, net result €100k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 4.36
Current ratio from 1.39 to 4.36; short-term debt falls from €164k to €43k.
31-12
Financial
Equity above €150kEq €172k ▲71.3%
5 profitable years in a row build equity to €172k.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Liquidity quadruplescurrent ratio 14.65
Current ratio from 4.09 to 14.65; short-term debt falls from €30k to €9k.
31-12
Financial
Equity above €150kEq €164k ▲77.3%
3 profitable years in a row build equity to €164k.
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
20-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 112 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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 · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Théodore Rooseveltstraat 301030 SchaarbeekGround area
245 m²
Building footprint
111 m²
Volume, LiDAR
1,739 m³
Parcel 21911C0008/00F003, Brussels · tallest building 19.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
EDWARD TAELMAN
since 20182.284.575.375
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21911C0008/00F003 | Brussels | 245 m² | 1 · 111 m² | 19.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,051 companies in sector 69101 we hold annual accounts for 9,053. 6,924 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-10-2018
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.