INEDITHING
ActiveSummary
INEDITHING has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €453. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 67% of 536 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▲+14
Solvency86▼-1
Growth38=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
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 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
61.2%
Return on assets
1.9%
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
2 d early
2023
22 d early
2022
48 d late
2021
7 d late
2020
10 d late
2019
83 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1k▲ 6,886%
2022 · €21
2019: €3k
2020: €4k▲ +22.2% vs 2019highest value
2022: €21lowest value
2025: €1k
2019 → 2025
EBIT margin
33.8%▲ 6129.0pp
2022 · -6095.2%
2019: 16.4%
2020: 35.3%▲ +115% vs 2019highest value
2022: -6095.2%lowest value
2025: 33.8%
2019 → 2025
Net result
€453
2024 · €-905
2018: €-2klowest in 8 years
2019: €525▲ +122% vs 2018
2020: €1k▲ +173% vs 2019highest in 8 years
2021: €-2k▼ -219% vs 2020
2022: €-1k▲ +22.2% vs 2021
2023: €-2k▼ -14.0% vs 2022
2024: €-905▲ +40.1% vs 2023
2025: €453▲ +150% vs 2024
2018 → 2025
Working capital
€15k▲ 3.2%
2024 · €14k
2018: €18k
2019: €18k▲ +3.0% vs 2018
2020: €20k▲ +7.9% vs 2019highest in 8 years
2021: €18k▼ -8.7% vs 2020
2022: €17k▼ -7.4% vs 2021
2023: €15k▼ -9.1% vs 2022
2024: €14k▼ -6.0% vs 2023lowest in 8 years
2025: €15k▲ +3.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€21€1k
2022: €21
2025: €1k
Equity€18k-€17k▼ 7.4%€15k▼ 9.1%€14k▼ 6.0%€15k▲ 3.2%
2021: €18khighest in 5 years
2022: €17k▼ -7.4% vs 2021
2023: €15k▼ -9.1% vs 2022
2024: €14k▼ -6.0% vs 2023lowest in 5 years
2025: €15k▲ +3.2% vs 2024
Operating result€-2k-€-1k▲ 22.8%€-1k▼ 15.0%€-866▲ 41.2%€496
2021: €-2klowest in 5 years
2022: €-1k▲ +22.8% vs 2021
2023: €-1k▼ -15.0% vs 2022
2024: €-866▲ +41.2% vs 2023
2025: €496▲ +157% vs 2024highest in 5 years
Net result€-2k-€-1k▲ 22.2%€-2k▼ 14.0%€-905▲ 40.1%€453
2021: €-2klowest in 5 years
2022: €-1k▲ +22.2% vs 2021
2023: €-2k▼ -14.0% vs 2022
2024: €-905▲ +40.1% vs 2023
2025: €453▲ +150% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €496 after a loss of €866 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €24k
Equity
€15k ▲ 3.2%
Debt
€9k ▲ 9.0%
Debt's share of the balance-sheet total rises from 37.6% to 38.8%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.57▼
2024 · 2.66
Quick ratio
1.90▼
2024 · 1.93
Debt to equity
0.64▲
2024 · 0.60
ROE
3.1%▲
2024 · -6.4%
ROA
1.9%▲
2024 · -4.0%
Debt ≤ 1 year
€9k▲
2024 · €9k
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 · 2025 against 2024 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€23k€24k▲
Current assets29/58€23k€24k▲
Stocks and contracts in progress3€6k€6k=
Stocks30/36€6k€6k=
Amounts receivable within one year40/41€16k€17k▲
Trade receivables40€16k€16k=
Other amounts receivable41€865€974▲
Cash at bank and in hand54/58€86€1k▲
Equity and liabilities
Total equity and liabilities10/49€23k€24k▲
Equity10/15€14k€15k▲
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€790€790=
Non-distributable reserves130/1€790€790=
Legal reserve130€790€790=
Profit (loss) carried forward14€-62k€-61k▲
Amounts payable17/49€9k€9k▲
Amounts payable within one year42/48€9k€9k▲
Trade debts44€153€120▼
Suppliers440/4€153€120▼
Other amounts payable47/48€8k€9k▲
Income statement
Code20242025
Turnover70-€1k
Goods, raw materials, services and sundry goods60/61€802€737▼
Other operating charges640/8€64€234▲
Gross operating margin9900€-802€730▲
Operating profit (loss)9901€-866€496▲
Financial charges65/66B€39€43▲
Recurring financial charges65€39€43▲
Profit (loss) for the period before taxes9903€-905€453▲
Profit (loss) for the period9904€-905€453▲
Profit (loss) for the period to be appropriated9905€-905€453▲
Appropriation of the result
Profit (loss) to be appropriated9906€-62k€-61k▲
Profit (loss) brought forward from the previous period14P€-61k€-62k▼
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €21 | - | - | €1k | - |
| Goods, raw materials, services and sundry goods60/61 | €2k | €1k | €1k | €802 | €737 | ▼ 8.1% |
| Other operating charges640/8 | €55 | €76 | €184 | €64 | €234 | ▲ 266% |
| Gross operating margin9900 | €-2k | €-1k | €-1k | €-802 | €730 | ▲ 191% |
| Operating profit (loss)9901 | €-2k | €-1k | €-1k | €-866 | €496 | ▲ 157% |
| Financial charges65/66B | €43 | €45 | €39 | €39 | €43 | ▲ 10.3% |
| Recurring financial charges65 | €43 | €45 | €39 | €39 | €43 | ▲ 10.3% |
| Profit (loss) for the period before taxes9903 | €-2k | €-1k | €-2k | €-905 | €453 | ▲ 150% |
| Profit (loss) for the period9904 | €-2k | €-1k | €-2k | €-905 | €453 | ▲ 150% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €-1k | €-2k | €-905 | €453 | ▲ 150% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €23k | €23k | €23k | €23k | €24k | ▲ 5.4% |
| Current assets29/58 | €23k | €23k | €23k | €23k | €24k | ▲ 5.4% |
| Stocks and contracts in progress3 | €6k | €6k | €6k | €6k | €6k | = |
| Stocks30/36 | €6k | €6k | €6k | €6k | €6k | = |
| Amounts receivable within one year40/41 | €16k | €16k | €16k | €16k | €17k | ▲ 0.7% |
| Trade receivables40 | €16k | €16k | €16k | €16k | €16k | = |
| Other amounts receivable41 | €497 | €656 | €783 | €865 | €974 | ▲ 12.6% |
| Cash at bank and in hand54/58 | €342 | €208 | €123 | €86 | €1k | ▲ 1,292% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €23k | €23k | €23k | €23k | €24k | ▲ 5.4% |
| Equity10/15 | €18k | €17k | €15k | €14k | €15k | ▲ 3.2% |
| Contributions10/11 | €75k | €75k | €75k | €75k | €75k | = |
| Capital10 | €75k | €75k | €75k | €75k | €75k | = |
| Issued capital100 | €75k | €75k | €75k | €75k | €75k | = |
| Reserves13 | €790 | €790 | €790 | €790 | €790 | = |
| Non-distributable reserves130/1 | €790 | €790 | €790 | €790 | €790 | = |
| Legal reserve130 | €790 | €790 | €790 | €790 | €790 | = |
| Profit (loss) carried forward14 | €-58k | €-59k | €-61k | €-62k | €-61k | ▲ 0.7% |
| Amounts payable17/49 | €5k | €6k | €8k | €9k | €9k | ▲ 9.0% |
| Amounts payable within one year42/48 | €5k | €6k | €8k | €9k | €9k | ▲ 9.0% |
| Trade debts44 | - | - | €154 | €153 | €120 | ▼ 21.6% |
| Suppliers440/4 | - | - | €154 | €153 | €120 | ▼ 21.6% |
| Other amounts payable47/48 | €5k | €6k | €7k | €8k | €9k | ▲ 9.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €-1k | €-2k | €-905 | €453 | ▲ 150% |
| Operating cash flow (approximation) | €-2k | €-1k | €-2k | €-905 | €453 | ▲ 150% |
| Change in cash | - | €-134 | €-85 | €-37 | €1k | ▲ 3,103% |
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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €453
Net result €453 after 4 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 48 days late
2022
07-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 7 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Highest result since 2018net €1k ▲173%
Operating result €1k, net result €1k, both a record.
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 83 days late
2019
31-12
Financial
Back to profitnet €525
Net result €525 after one loss-making year.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Sint-Pieters-Woluwe · 1 establishment unit since 1985
Ground area
470 m²
Building footprint
301 m²
Volume, LiDAR
3,749 m³
2 parcels, Brussels · tallest building 15.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Paul Hymanslaan 78, 1200 Sint-Lambrechts-Woluwe
since 19852.026.395.821
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21672C0043/00R004 | Brussels | 355 m² | 1 · 238 m² | 15.9 m · 5 fl. |
| 21684B0013/00C004 | Brussels | 115 m² | 1 · 64 m² | 13.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 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 3,393 companies in sector 90393 we hold annual accounts for 939. 554 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
Founded07-01-1985
Fiscal year end31-12
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
Scores and ratios are computed by Checked and are not a credit decision.