Financials
Financial year 2025
EDCO from Ieper, company number BE0862073543, closed financial year 2025 with a result of € -14,226 after tax. For that financial year EDCO recorded a gross margin of € 183,508 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 18,393 to € -14,226. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 1.3 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,226
▼ still € 18,393 profit in 2024
Profit after tax over the fiscal year.
€ 7,346
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.3 million.
Debts at end 2025
€ 1.4 million
▼ 6% vs 2024
€ 88,557 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 87,313
▲ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 46,894
▼ 14% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 349,126 | € 302,959 | € 204,511 | € 183,508 | ▼ 10% |
| Profit after taxes | € 55,190 | € 66,635 | € 18,393 | € -14,226 | ▼ € 32,620 |
| Equity | € 1,267,256 | € 1,303,725 | € 1,320,400 | € 1,304,508 | ▼ 1% |
| Total debts | € 1,908,599 | € 1,874,032 | € 1,902,914 | € 1,718,612 | ▼ 10% |
| Cash | € 99,765 | € 16,405 | € 8,443 | € 7,346 | ▼ 13% |
| Land & buildings | € 2,154,945 | € 2,014,424 | € 2,189,269 | € 2,184,075 | |
| Retained profit | € 1,217,256 | € 1,253,725 | € 1,270,400 | € 1,254,508 | ▼ 1% |
| Dividend | € 1,600 | € 30,166 | € 1,718 | € 1,666 | ▼ 3% |
| Bank debt | € 1,580,572 | € 1,474,786 | € 1,458,999 | € 1,370,779 | ▼ 6% |
| Balance sheet total | € 3,490,264 | € 3,475,618 | € 3,504,627 | € 3,287,885 | ▼ 6% |
Key figures of EDCO, 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 EDCO?
What happened at EDCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,226 (▼ € 32,620 vs 2024). filed late Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,190 profit in 2022 to € 14,226 loss in 2025.
Paid € 139,282 in corporate taxes since 2022.
Best year ever: 2023, with € 66,635 profit.
Paid out € 35,150 in dividends to the owners in total.
Management
Behind EDCO are Annick Dewulf and Jan Cherchye. It owns 27.3% of Color by Cherchye and 25% of Leopold Invest itself.
Directors
According to the 2025 annual accounts
Annick Dewulf
Director
Establishments
Establishment units
Physical locations of this company
Zonnebeekseweg 256
8900 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.073.543
- VAT number
- BE 0862.073.543
- Registered office
- Zonnebeekseweg 256, 8900 Ieper
- Names & denominations
- EDCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2003
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Handel in eigen onroerend goed
Handel in onroerend goed
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur van niet-residentiële gebouwen