Endymion
ActiveSummary
Endymion has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of -€9,736. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 95% of 195 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-3
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
short-term debt: 0.3% and cash: 1% of total assets, and 0.3% of the assets are financed with debt.
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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
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Scientific research and development (NACE 72)
about 30% 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
99.7%
Return on assets
-0.7%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
3 d early
2023
2 d early
2022
1 d early
2021
4 d early
2020
1 d early
2019
64 d late
← 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 7 days after the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 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
-€9,736
2024 · €25,261
Working capital
€496,832▲ 3.4%
2023 · €480,704
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 72, Scientific research and development, 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€9,081-€49,262-€31,663▲ 35.7%€18,209-€11,094
Net result€9,087within the sector's middle half-€49,388within the sector's middle half-€31,436within the sector's middle half▲ 36.3%€25,261within the sector's middle half-€9,736within the sector's middle half
Equity€1.4mwithin the sector's middle half▲ 0.7%€1.3mwithin the sector's middle half▼ 3.6%€1.3mwithin the sector's middle half▼ 2.4%€1.3mwithin the sector's middle half▲ 2.0%€1.3mwithin the sector's middle half▼ 0.7%
Total assets€1.4mwithin the sector's middle half▲ 2.0%€1.3mwithin the sector's middle half▼ 3.3%€1.3mwithin the sector's middle half▼ 2.7%€1.3mwithin the sector's middle half▲ 0.5%€1.3mbelow the sector's middle half▼ 0.4%
Debt€20,001▲ 1,398%€23,322▲ 16.6%€18,745▼ 19.6%€4,351
Working capital€549,127within the sector's middle half▲ 46.2%€501,992within the sector's middle half▼ 8.6%€480,704within the sector's middle half▼ 4.2%€496,832within the sector's middle half
Solvency98.6%above the sector's middle half▼ 1.3pp98.3%above the sector's middle half▼ 0.3pp98.6%above the sector's middle half▲ 0.3pp100.0%above the sector's middle half▲ 1.4pp99.7%above the sector's middle half▼ 0.3pp
Current ratio37.61above the sector's middle half22.52above the sector's middle half▼ 15.0826.68above the sector's middle half▲ 4.16
Return on assets (ROA)0.7%within the sector's middle half▲ 1.0pp-3.7%within the sector's middle half▼ 4.3pp-2.4%within the sector's middle half▲ 1.3pp1.9%within the sector's middle half▲ 4.3pp-0.7%within the sector's middle half▼ 2.7pp
above
within
below
the middle half (P25 to P75) of NACE 72, Scientific research and development, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11,094 after €18,209 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€808,531 ▼ 1.6%
Current assets
€501,183 ▲ 1.6%
Equity and liabilities €1.3m
Equity
€1.3m
Debt
€4,351
Debt finances 0.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€2,342▼
2024 · €30,642
Cash flow
€3,700▼
2024 · €37,694
Debt to equity
0.00
ROE
-0.7%▼
2024 · 1.9%
Interest coverage
15.11▼
2024 · 408.56
Debt ≤ 1 year
€4,351
Income taxes
€648▼
2024 · €3,043
A ratio outside any meaningful range has been withheld (balance sheet total €1.3m, equity €1.3m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,616 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,238 | €13,729 | €12,270 | €12,433 | €13,436 | ▲ 8.1% |
| Other operating charges640/8 | €5,685 | €5,330 | €5,837 | €8,113 | €6,268 | ▼ 22.7% |
| Gross operating margin9900 | €27,004 | -€30,203 | -€13,556 | €38,755 | €8,610 | ▼ 77.8% |
| Operating profit (loss)9901 | €9,081 | -€49,262 | -€31,663 | €18,209 | -€11,094 | ▼ 161% |
| Financial income75/76B | €174 | €271 | €526 | €10,170 | €2,161 | ▼ 78.8% |
| Recurring financial income75 | €174 | €271 | €526 | €10,170 | €2,161 | ▼ 78.8% |
| Financial charges65/66B | €168 | €190 | €144 | €75 | €155 | ▲ 107% |
| Recurring financial charges65 | €168 | €190 | €144 | €75 | €155 | ▲ 107% |
| Profit (loss) for the period before taxes9903 | €9,087 | -€49,181 | -€31,281 | €28,304 | -€9,088 | ▼ 132% |
| Income taxes67/77 | - | €207 | €155 | €3,043 | €648 | ▼ 78.7% |
| Profit (loss) for the period9904 | €9,087 | -€49,388 | -€31,436 | €25,261 | -€9,736 | ▼ 139% |
| Profit (loss) for the period to be appropriated9905 | €9,087 | -€49,388 | -€31,436 | €25,261 | -€9,736 | ▼ 139% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 0.4% |
| Fixed assets21/28 | €826,535 | €819,282 | €809,163 | €821,968 | €808,531 | ▼ 1.6% |
| Tangible fixed assets22/27 | €641,105 | €633,852 | €623,733 | €636,538 | €623,101 | ▼ 2.1% |
| Land and buildings22 | €624,916 | €620,789 | €612,683 | €626,430 | €615,098 | ▼ 1.8% |
| Plant, machinery and equipment23 | €13,898 | €11,209 | €9,634 | €9,129 | €7,462 | ▼ 18.3% |
| Furniture and vehicles24 | €2,291 | €1,854 | €1,416 | €979 | €541 | ▼ 44.7% |
| Financial fixed assets28 | €185,430 | €185,430 | €185,430 | €185,430 | €185,430 | = |
| Current assets29/58 | €564,128 | €525,314 | €499,420 | €493,131 | €501,183 | ▲ 1.6% |
| Amounts receivable within one year40/41 | €87,591 | €132,262 | €142,542 | €196,616 | €237,313 | ▲ 20.7% |
| Trade receivables40 | €2,164 | €669 | €4,669 | €4,693 | €13,884 | ▲ 196% |
| Other amounts receivable41 | €85,427 | €131,593 | €137,873 | €191,923 | €223,429 | ▲ 16.4% |
| Current investments50/53 | €8,282 | €15,782 | €265,820 | €274,902 | €251,412 | ▼ 8.5% |
| Cash at bank and in hand54/58 | €468,255 | €377,270 | €87,684 | €21,613 | €12,458 | ▼ 42.4% |
| Deferred charges and accrued income490/1 | - | - | €3,374 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 0.4% |
| Equity10/15 | €1.4m | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 0.7% |
| Contributions10/11 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Capital10 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Issued capital100 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Reserves13 | €124,000 | €124,000 | €124,000 | €124,000 | €124,000 | = |
| Non-distributable reserves130/1 | €124,000 | €124,000 | €124,000 | €124,000 | €124,000 | = |
| Legal reserve130 | €124,000 | €124,000 | €124,000 | €124,000 | €124,000 | = |
| Profit (loss) carried forward14 | €6,662 | -€42,726 | -€74,162 | -€48,901 | -€58,637 | ▼ 19.9% |
| Amounts payable17/49 | €20,001 | €23,322 | €18,745 | - | €4,351 | - |
| Amounts payable within one year42/48 | €15,001 | €23,322 | €18,716 | - | €4,351 | - |
| Trade debts44 | €15,001 | €23,322 | €18,716 | - | €4,351 | - |
| Suppliers440/4 | €15,001 | €23,322 | €18,716 | - | €4,351 | - |
| Accrued charges and deferred income492/3 | €5,000 | - | €29 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,087 | -€49,388 | -€31,436 | €25,261 | -€9,736 | ▼ 139% |
| + Depreciation and write-downs630 | €12,238 | €13,729 | €12,270 | €12,433 | €13,436 | ▲ 8.1% |
| Operating cash flow (approximation) | €21,325 | -€35,659 | -€19,166 | €37,694 | €3,700 | ▼ 90.2% |
| Investment in fixed assets (approximation) | - | -€6,476 | -€2,151 | -€25,238 | €1 | ▲ 100% |
| Change in cash | - | -€90,985 | -€289,586 | -€66,071 | -€9,155 | ▲ 86.1% |
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
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €25,261
Net result €25,261 after 2 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€49,388
Net result drops to -€49,388, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €9,087
Net result €9,087 after 2 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity times 8current ratio 581.46
Current ratio from 70.71 to 581.46; short-term debt falls from €5,802 to €647.
03-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 64 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Ranst · 1 establishment unit since 1982
Ground area
1,769 m²
Building footprint
465 m²
Volume, LiDAR
3,083 m³
Parcel 11015C0246/00D000, Flanders · tallest building 20.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ENDYMON
since 19822.022.524.729
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11015C0246/00D000 | Flanders | 1,769 m² | 1 · 465 m² | 20.8 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
3 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 3
-
98.9%
-
48%
-
47.92%
According to the 2025 annual accounts of Endymion 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 94 EUR awarded · 94 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 50 EUR | 50 EUR |
| 2022 | 1 | 44 EUR | 44 EUR |
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Of 1,177 companies in sector 72109 we hold annual accounts for 717. 434 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded26-05-1982
Fiscal year end31-12
Abbreviation NL
E.D.M.
Activities, NACEBEL 2025
72109Other research and development on natural sciences
Contact
E-mail
info@edmnv.be
Phone
034809356Ranst
E-invoicing
Reachable via Peppol
Peppol ID
0208:0422807360
Registered
01-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.