Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 17.2 to 15.2.
Financials
Financial year 2025
EDES from Seraing, company number BE0474970297, closed financial year 2025 with a result of € 54,067 after tax. For that financial year EDES recorded a gross margin of € 1 million and equity of € 941,539. Compared with financial year 2024, the result moved from € -6,597 to € 54,067. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 941,539
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,067
▲ still € 6,597 loss in 2024
Profit after tax over the fiscal year.
€ 40,534
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 841,539.
People and assets in 2025
15.2
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 671,401
▼ 9% vs 2024
€ 44,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 52,537
▲ € 43,783 vs 2024
Of which on lease € 35,522.
Debts at end 2025
€ 34,007
€ 12,038 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 327,036
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 118,508
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 6,060,091 | - | - | - | |
| Gross margin | - | € 1,023,624 | € 1,034,386 | € 1,019,468 | ▼ 1% |
| Profit after taxes | € 225,938 | € 43,290 | € -6,597 | € 54,067 | ▲ € 60,664 |
| Equity | € 850,779 | € 894,069 | € 887,472 | € 941,539 | ▲ 6% |
| Total debts | € 1,774,786 | € 2,020,436 | € 1,971,303 | € 1,552,895 | ▼ 21% |
| Cash | € 54,201 | € 80,340 | € 59,689 | € 40,534 | ▼ 32% |
| Land & buildings | - | - | € 4,408 | € 3,964 | ▼ 10% |
| Retained profit | € 750,779 | € 794,069 | € 787,472 | € 841,539 | ▲ 7% |
| Bank debt | € 0 | € 0 | € 0 | € 34,007 | |
| Balance sheet total | € 2,625,564 | € 2,914,505 | € 2,858,775 | € 2,494,434 | ▼ 13% |
| Employees (FTE) | 17 | 17.2 | 16 | 15.2 | ▼ 0.8 |
Key figures of EDES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to EDES?
What happened at EDES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 54,067. Source: NBB ↗
- E.A.M. Van Osta stepped down as director. NBB
- C.M.F. Liekens stepped down as director. NBB
- E.A.M. Van Osta became a director. NBB
- C.M.F. Liekens became a director. NBB
- New establishment in Arlon. KBO
- New establishment in Seraing. KBO
- Start of the company according to the CBE. KBO
In short
From € 225,938 profit in 2022 to € 54,067 profit in 2025.
Paid € 121,177 in corporate taxes since 2022.
Best year ever: 2022, with € 225,938 profit.
On average € 67,100 of value added per employee in 2025.
Management
The stake of Teweka comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EDESThe shares are held by HUBO BELGIE SA (100%) and Teweka (0.1%).
Directors
According to the 2025 annual accounts
E.A.M. Van Osta
Managing director
Also active at: A.I.T. IMPORT, Anciens Etablissements Robert Collette, PADIS, Hubo België, EPSILON, Spabois, SAMBRE - BOIS, Dubomat +51 more
since 2020 · until 2026
C.M.F. Liekens
Managing director
Also active at: A.I.T. IMPORT, Anciens Etablissements Robert Collette, PADIS, Hubo België, EPSILON, Spabois, SAMBRE - BOIS, Dubomat +53 more
since 2020 · until 2026
Shareholders
100%
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue de la Concorde 65
4100 Seraing
Rue de l'Abattoir 5
6700 Arlon
Active since 1 December 2005
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0474.970.297
- VAT number
- BE 0474.970.297
- Registered office
- Avenue de la Concorde 65, 4100 Seraing
- Names & denominations
- EDES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 June 2001
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen en glas (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte vanaf 400 m2.