GEDEQU
ActiveGEDEQU has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.58M and a net result of €277k. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 93% of 1303 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €290k at 30 days acceptable
Liquidity ample (current ratio 6.47 against 5.01 in 2024; short-term debt: 6.5% and cash: 6.5% of total assets), and 12.3% 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 · 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
87.7%
Return on assets
6.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
21 d early
2023
54 d late
2022
100 d late
2021
60 d late
2020
33 d early
2019
69 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3.58M▲ 3.5%
2024 · €3.46M
2018: €1.28M
2019: €1.44M
2020: €1.62M
2021: €3.01M
2022: €3.12M
2023: €3.16M
2024: €3.46M
2018 → 2025
Total assets
€4.08M▲ 0.4%
2024 · €4.07M
2018: €2.08M
2019: €2.12M
2020: €2.19M
2021: €3.43M
2022: €3.58M
2023: €3.80M
2024: €4.07M
2018 → 2025
Net result
€277k▼ 6.4%
2024 · €296k
2018: €145k
2019: €158k
2020: €181k
2021: €163k
2022: €218k
2023: €255k
2024: €296k
2018 → 2025
Working capital
€1.44M▲ 11.7%
2024 · €1.29M
2018: €660k
2019: €751k
2020: €941k
2021: €802k
2022: €871k
2023: €965k
2024: €1.29M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.01M-€3.12M▲ 3.8%€3.16M▲ 1.3%€3.46M▲ 9.4%€3.58M▲ 3.5%
Operating result€246k-€297k▲ 20.5%€362k▲ 21.9%€411k▲ 13.5%€381k▼ 7.4%
Net result€163k-€218k▲ 34.3%€255k▲ 16.6%€296k▲ 16.1%€277k▼ 6.4%
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 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.08M
Fixed assets
€2.38M▼ 3.2%
Current assets
€1.71M▲ 5.8%
Equity and liabilities €4.08M
Equity
€3.58M▲ 3.5%
Debt
€501k▼ 17.6%
The debt ratio falls from 15.0% to 12.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€514k▼
2024 · €537k
Cash flow
€410k▼
2024 · €422k
Solvency
87.7%▲
2024 · 85.0%
Current ratio
6.47▲
2024 · 5.01
Quick ratio
6.47▲
2024 · 5.01
Debt / equity
0.14▼
2024 · 0.18
ROE
7.7%▼
2024 · 8.6%
ROA
6.8%▼
2024 · 7.3%
Interest coverage
65.71▲
2024 · 34.85
Debt
€501k▼
2024 · €608k
Debt ≤ 1 year
€264k▼
2024 · €322k
Debt > 1 year
€227k▼
2024 · €271k
Income taxes
€122k▼
2024 · €131k
Staff costs
€63k▲
2024 · €32k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.07M€4.08M▲
Fixed assets21/28€2.45M€2.38M▼
Tangible fixed assets22/27€2.45M€2.38M▼
Land and buildings22€2.11M€2.08M▼
Plant, machinery and equipment23€324k€287k▼
Furniture and vehicles24€20k€8k▼
Financial fixed assets28€105€105=
Current assets29/58€1.61M€1.71M▲
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€9k€7k▼
Trade receivables40€3k€3k▲
Other amounts receivable41€6k€4k▼
Current investments50/53€1.36M€1.42M▲
Cash at bank and in hand54/58€234k€264k▲
Deferred charges and accrued income490/1€12k€15k▲
Equity and liabilities
Total equity and liabilities10/49€4.07M€4.08M▲
Equity10/15€3.46M€3.58M▲
Contributions10/11€1.53M€1.53M=
Reserves13€1.93M€2.05M▲
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Distributable reserves133€1.92M€2.04M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€608k€501k▼
Amounts payable after more than one year17€271k€227k▼
Financial debts170/4€36k€36k=
Other amounts payable178/9€235k€191k▼
Amounts payable within one year42/48€322k€264k▼
Trade debts44€8k€13k▲
Suppliers440/4€8k€13k▲
Advances received on contracts in progress46€650€0▼
Taxes, remuneration and social security45€104k€94k▼
Taxes450/3€102k€78k▼
Remuneration and social security454/9€2k€16k▲
Other amounts payable47/48€209k€158k▼
Accrued charges and deferred income492/3€15k€10k▼
Income statement
Code20242025
Non-recurring operating income76A€0€5k▲
Remuneration, social security and pensions62€32k€63k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€126k€133k▲
Other operating charges640/8€113k€117k▲
Gross operating margin9900€682k€693k▲
Operating profit (loss)9901€411k€381k▼
Financial income75/76B€31k€26k▼
Recurring financial income75€31k€26k▼
Financial charges65/66B€15k€8k▼
Recurring financial charges65€15k€8k▼
Profit (loss) for the period before taxes9903€427k€399k▼
Income taxes67/77€131k€122k▼
Profit (loss) for the period9904€296k€277k▼
Profit (loss) for the period to be appropriated9905€296k€277k▼
Appropriation of the result
Profit (loss) to be appropriated9906€296k€277k▼
Transfer from equity791/2€0€154k▲
Transfer to equity691/2€296k€277k▼
To other reserves6921€296k€277k▼
Profit to be distributed694/7€0€154k▲
Return on contributions (dividend)694€0€154k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €296k ▲16.1%
Operating result €411k, net result €296k, both a record.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 100 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial
Equity above €2MEq €3.01M ▲85.6%
4 profitable years in a row build equity to €3.01M.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 13.25
Current ratio from 5.48 to 13.25; short-term debt falls from €168k to €77k.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Bredene · 1 establishment unit since 1996
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.
Koningin Astridlaan 18450 BredeneGround area
1,530 m²
Building footprint
343 m²
Volume, LiDAR
2,088 m³
Parcel 35302C0398/00V000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CAMPING ASTRID
since 19962.074.538.010
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35302C0398/00V000 | Flanders | 1,530 m² | 1 · 343 m² | 10.6 m · 2 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.
Similar companies · same sector, comparable size
RECREATIEOORD WILHELM TELL
BE 0455.435.487
Oudsbergen · Eq €3.60M
CAMPING 17 DUINZICHT
BE 0424.936.709
Bredene · Eq €3.79M
VILLATOILE
BE 0415.128.326
Dinant · Eq €3.30M
KOMPAS CAMPING
BE 0412.527.934
Nieuwpoort · Eq €3.93M
VLASAARD
BE 0430.365.046
Stekene · Eq €3.15M
Of 441 companies in sector 55300 we hold annual accounts for 292. 150 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-1995
Fiscal year end31-12
Activities, NACEBEL
55220
55300Accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.