ACTIVE

EDCO SERVICE

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Financial year 2025 · closed on 31/12/2025

Net result

226 k €

-15.9% YoY

Gross margin

683,4 k €

-19.8% YoY

Equity

1,5 M €

+9.5% YoY

Workforce

4,0 ETP

0.0% YoY

What does EDCO SERVICE do?

EDCO SERVICE is a Public limited company incorporated in 1995. Its registered office is in Gavere. It employs on average 4,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.951.171

Incorporation

13/09/1995

Legal form

Public limited company

Registered office

Stationsstraat 114
9890 Gavere · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

4,0 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	683,4 k €	-19.8%	851,8 k €	-1.5%	864,7 k €	+24.9%	692,5 k €	+55.0%	446,7 k €	+9.9%	406,3 k €	-37.9%	654,7 k €	+86.6%	350,8 k €	-13.0%	403,1 k €	+7.2%	376,1 k €	+45.4%	258,6 k €	-0.0%	258,7 k €	-6.4%	276,4 k €	+31.4%	210,3 k €	+13.7%	184,9 k €	+14.0%	162,2 k €
EBITDA	361,3 k €	-18.3%	442,4 k €	-10.7%	495,3 k €	+25.2%	395,7 k €	+125%	175,6 k €	+37.0%	128,1 k €	-62.4%	340,7 k €	+209%	110,2 k €	-35.9%	171,9 k €	-5.3%	181,5 k €	+64.9%	110,1 k €	+1.0%	109 k €	+0.1%	108,9 k €	-6.4%	116,3 k €	+19.1%	97,7 k €	+1.1%	96,6 k €
Operating result	301,6 k €	-17.1%	363,7 k €	-16.2%	433,8 k €	+28.4%	337,8 k €	+101%	168,4 k €	+414%	32,7 k €	-88.7%	288,8 k €	+312%	70,1 k €	-35.5%	108,6 k €	-16.8%	130,4 k €	+158%	50,6 k €	+30.0%	38,9 k €	-28.2%	54,2 k €	+7.8%	50,3 k €	-25.0%	67,1 k €	+20.1%	55,9 k €
Net result	226 k €	-15.9%	268,7 k €	-16.5%	321,6 k €	+29.0%	249,3 k €	+100%	124,4 k €	+378%	26 k €	-85.7%	182,2 k €	+486%	31,1 k €	-45.8%	57,4 k €	-33.0%	85,6 k €	+259%	23,9 k €	+83.1%	13 k €	-58.8%	31,6 k €	+12.6%	28,1 k €	-30.7%	40,6 k €	+22.7%	33,1 k €
Balance sheet
Equity	1,5 M €	+9.5%	1,3 M €	+14.5%	1,2 M €	+26.6%	925,5 k €	+26.2%	733,2 k €	+29.4%	566,6 k €	+4.8%	540,5 k €	+119%	247,1 k €	+14.4%	216,1 k €	+36.2%	158,7 k €	+52.7%	103,9 k €	-25.8%	140 k €	+5.4%	132,8 k €	+24.2%	107 k €	-53.3%	228,9 k €	+18.2%	193,6 k €
Total assets	1,7 M €	+12.2%	1,6 M €	+16.4%	1,3 M €	+1.2%	1,3 M €	+20.8%	1,1 M €	+11.7%	977,1 k €	-4.6%	1 M €	+44.0%	711,7 k €	-3.6%	738,7 k €	+34.3%	550,2 k €	-1.0%	555,9 k €	-8.3%	606 k €	+8.7%	557,5 k €	-10.7%	623,9 k €	+17.5%	531,2 k €	-18.3%	650,1 k €
Cash	814,5 k €	+14.0%	714,5 k €	+104%	350,8 k €	+49.0%	235,4 k €	+104%	115,7 k €	+578%	17,1 k €	-90.6%	180,6 k €	+135%	76,9 k €	+147%	31,1 k €	-54.1%	67,7 k €	+15.0%	58,9 k €	+29.7%	45,4 k €	+2.7%	44,2 k €	+23.5%	35,8 k €	-26.3%	48,6 k €	-2.3%	49,7 k €
Debts	262,8 k €	+30.6%	201,3 k €	+25.7%	160,2 k €	-58.9%	389,9 k €	+11.2%	350,7 k €	+1.1%	346,9 k €	-17.1%	418,6 k €	+5.4%	397,2 k €	-12.9%	456,1 k €	+39.1%	327,8 k €	-15.6%	388,4 k €	-3.5%	402,3 k €	+10.0%	365,6 k €	-29.3%	517 k €	+71.0%	302,4 k €	-32.8%	449,8 k €
Other
Workforce	4,0 ETP	0.0%	4,0 ETP	-20.0%	5,0 ETP	+28.2%	3,9 ETP	0.0%	3,9 ETP	-7.1%	4,2 ETP	-16.0%	5,0 ETP	+25.0%	4,0 ETP	-9.1%	4,4 ETP	+4.8%	4,2 ETP	+23.5%	3,4 ETP	0.0%	3,4 ETP	+25.9%	2,7 ETP	+12.5%	2,4 ETP	0.0%	2,4 ETP	+4.3%	2,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 6 ended

Active mandates

Filip De Bruyne

Director · since 01 juin 2025 · until 25 mai 2029

Active

Hendrik Aelbrecht

Director · since 31 octobre 2023 · until 30 mai 2025

Active

Lico-Tec

Managing director · since 31 octobre 2023 · until 25 mai 2029 · 0787.889.626

Represented by Eddy Coune

Active

René Schepens

Chairman of the board of directors · since 31 octobre 2023 · until 25 mai 2029

Active

Ended mandates

Hendrik Aelbrecht

Director · since 31 octobre 2023 · until 25 mai 2029

Ended

Lico-Tec

Managing director · since 31 octobre 2023 · until 25 mai 2029 · 0787.889.626

Represented by Eddy Coune

Ended

Eddy Coune

Director · since 01 avril 1997

Ended

Eddy Coune

Director · until 31 octobre 2023

Ended

At this address

Other companies at this address

Company	CBE no.
Lico-Tec● Active	0787.889.626
"VERENIGING VAN MEDE-EIGENAARS VAN HET GEBOUW TE 9890 GAVERE/ASPER, STATIONSSTRAAT 114"● Active	0892.668.234

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	31/12/2025	31/12/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	15 months	12 months	12 months	12 months	12 months
Filing date	23/06/2026	19/06/2025	09/04/2024	17/04/2023	19/04/2022	14/04/2021
General meeting	29/05/2026	30/05/2025	18/03/2024	20/03/2023	21/03/2022	15/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	23/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	19/06/2025	Dutch	PDF
Abridged model	30/09/2023	18/03/2024	09/04/2024	Dutch	PDF
Abridged model	30/09/2022	20/03/2023	17/04/2023	Dutch	PDF
Abridged model	30/09/2021	21/03/2022	19/04/2022	Dutch	PDF
Abridged model	30/09/2020	15/03/2021	14/04/2021	Dutch	PDF
Abridged model	30/09/2019	16/03/2020	10/04/2020	Dutch	PDF
Abridged model	30/09/2018	18/03/2019	16/04/2019	Dutch	PDF
Abridged model	30/09/2017	19/03/2018	23/03/2018	Dutch	PDF
Abridged model	30/09/2016	20/03/2017	28/04/2017	Dutch	PDF
Abridged model	30/09/2015	21/03/2016	29/03/2016	Dutch	PDF
Abridged model	30/09/2014	16/03/2015	17/03/2015	Dutch	PDF
Abridged modelCorrection	30/09/2013	17/03/2014	28/04/2014	Dutch	PDF
Abridged model	30/09/2013	17/03/2014	18/04/2014	Dutch	PDF
Abridged model	30/09/2012	18/03/2013	27/05/2013	Dutch	PDF
Abridged model	30/09/2011	19/03/2012	29/03/2012	Dutch	PDF
Abridged model	30/09/2010	21/03/2011	28/04/2011	Dutch	PDF
Abridged model	30/09/2009	15/03/2010	12/04/2010	Dutch	PDF
Abridged model	30/09/2008	16/03/2009	31/03/2009	Dutch	PDF
Abridged model	30/09/2007	17/03/2008	22/04/2008	Dutch	PDF
Abridged model	30/09/2006	19/03/2007	21/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 6 ended

Active mandates

Filip De Bruyne

Director · since 01 juin 2025 · until 25 mai 2029

Active

Hendrik Aelbrecht

Director · since 31 octobre 2023 · until 30 mai 2025

Active

Lico-Tec

Managing director · since 31 octobre 2023 · until 25 mai 2029 · 0787.889.626

Represented by Eddy Coune

Active

René Schepens

Chairman of the board of directors · since 31 octobre 2023 · until 25 mai 2029

Active

Ended mandates

Hendrik Aelbrecht

Director · since 31 octobre 2023 · until 25 mai 2029

Ended

Lico-Tec

Managing director · since 31 octobre 2023 · until 25 mai 2029 · 0787.889.626

Represented by Eddy Coune

Ended

Eddy Coune

Director · since 01 avril 1997

Ended

Eddy Coune

Director · until 31 octobre 2023

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other10/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates12/07/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025226 k €↓
2024
Annual accounts 2024268,7 k €↓
2023
Annual accounts 2023321,6 k €↑
2022
Annual accounts 2022249,3 k €↑
2021
Annual accounts 2021124,4 k €↑
2018
Annual accounts 201826 k €↓
2017
Annual accounts 2017182,2 k €↑
2015
Annual accounts 201531,1 k €↓
2014
Annual accounts 201457,4 k €↓
2013
Annual accounts 201385,6 k €↑
2012
Annual accounts 201223,9 k €↑
2011
Annual accounts 201113 k €↓
2010
Annual accounts 201031,6 k €↑
2009
Annual accounts 200928,1 k €↓
2008
Annual accounts 200840,6 k €↑
2007
Annual accounts 200733,1 k €
13/09/1995
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

EDCO SERVICE

Overview

What does EDCO SERVICE do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline