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Complete company report
Generated 04-09-2026
Active BE 0467.162.490Private limited company

EDELVIS

Terjodendries(ER) 44 ·9450 Haaltert, Belgium· 26 yrs active
Sector: Retail sale of fruit and vegetables (47210)
Conclusion Checked

EDELVIS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €180k and a net result of €122k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 64% of 1433 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €180k
Net result €122k
Staff (FTE) 4.5
Better than sector 64%
Financial profile 5 of 5 axes measured · computed by Checked
Health89Profitability100Solvency71Growth78Stability100
88 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 89
Profitability 100
Solvency 71
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.5% Very low
0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 1999, 26 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2025 · computed
89 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€16k
estimate, not credit advice
Score history
93 2023
89 2024
89 2025
purely financial, excl. current insolvency signals
Score components
Liquidity Current ratio 1.41 (≥ 1.0) +5
Quick ratio Quick ratio 1.36 (≥ 1.0) +5
Leverage Debt/equity 1.47 (< 2.0) +3
Profitability ROE 68% (≥ 10%) +10
Interest coverage Interest coverage 16.7× (≥ 3×) +8
Profit trend Net profit up YoY +5
Equity growth Equity growing YoY +3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview26 NBB filings
Annual accounts filed on 31-08-2026 with the NBB · fiscal year 2025 · micro schema
€0€50k€100k€150kOperating result 2023: €39k€39kNet result 2023: €31k€31kOperating result 2024: €60k€60kNet result 2024: €46k€46kOperating result 2025: €144k€144kNet result 2025: €122k€122k202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~13.1%/year over 3 fiscal years, indicative, assuming unchanged policy.
€100k€150k€200k€250k2026: €201k (€187k - €216k)2027: €222k (€208k - €236k)2028: €243k (€228k - €257k)2023: €139k2024: €159k2025: €180k202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 40.6% 23.5%
better than 64% of 1433 sector peers
Net result €122k €7k
better than 95% of 1430 sector peers
Equity €180k €25k
better than 90% of 1435 sector peers
Gross operating margin €371k €34k
better than 95% of 1427 sector peers
Staff costs €176k €42k
higher than 91% of 605 sector peers
EBITDA
€183k
+110.6% 23-25
Net profit
€122k
+168.2% 23-25
Cash flow
€161k
+122.8% 23-25
Total assets
€445k
+13.4% 23-25
Equity
€180k
+13.6% 23-25
Working capital
€107k
+5.6% 23-25
Employees (FTE)
5
+73.1% 23-25
Staff costs
€176k
+52.5% 23-25
Income taxes
€11k
+183.1% 23-25
Dividends
€833
0.0% 23-25
Debt
€264k
+13.3% 23-25
Debt ≤ 1y
€259k
+19.9% 23-25
Debt > 1y
€5k
-69.9% 23-25
Current ratio
1.41
-3.8% 23-25
Quick ratio
1.36
-3.4% 23-25
Solvency
40.6%
+0.2% 23-25
Debt / equity
1.47
-0.3% 23-25
ROE
67.9%
+136.0% 23-25
ROA
27.5%
+136.4% 23-25
Interest coverage
16.72
+103.9% 23-25
Figures by fiscal year and ratios
Fiscal year202520242023
Depositmicro schemamicro schemamicro schema
Revenue---
EBITDA€183k€87k€54k
Net profit€122k€46k€31k
Cash flow€161k€72k€46k
Staff costs€176k€116k€53k
Income taxes€11k€4k€3k
Dividends€833€833€833
Total assets€445k€392k€226k
Equity€180k€159k€139k
Debt€264k€233k€87k
of which ≤ 1y€259k€216k€87k
of which > 1y€5k€17k€920
Working capital€107k€102k€116k
Employees (FTE)4.52.61.9
Ratios (computed)
202520242023
Current ratio1.411.472.34
Quick ratio1.361.412.28
Working capital ratio24.1%25.9%51.2%
Solvency40.6%40.5%61.4%
Debt / equity1.471.470.63
Long-term debt ratio0.030.110.01
Interest coverage16.728.2010.50
Gross margin---
Net margin---
ROA27.5%11.6%13.8%
ROE67.9%28.7%22.4%
EBITDA margin---
Days sales outstanding---
Days payable outstanding---
Inventory turnover---
Days inventory (DSI)---
Balance-sheet composition 2025
Full annual accounts (26 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code202520242023
Balance sheet, Assets
TOTAL ASSETS 20/58€445k€392k€226k
Fixed assets 21/28€78k€74k€24k
Intangible fixed assets 21€22k€32k€7k
Tangible fixed assets 22/27€56k€42k€16k
Financial fixed assets 28€505€505€370
Current assets 29/58€367k€318k€203k
Stocks & contracts in progress 3€13k€12k€5k
Amounts receivable within one year 40/41€122k€104k€121k
Cash & bank 54/58€174k€197k€74k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€445k€392k€226k
Equity 10/15€180k€159k€139k
Contributions / capital 10/11€19k€19k€19k
Reserves 13€162k€140k€120k
Accumulated profits (losses) 14€335€704€369
Amounts payable 17/49€264k€233k€87k
Amounts payable after one year 17€5k€17k€920
Amounts payable within one year 42/48€259k€216k€87k
Trade debts payable within one year 44€79k€112k€24k
Income statement
Gross operating margin 9900€371k€204k€108k
Operating result 9901€144k€60k€39k
Financial income 75€487€96-
Financial charges 65€11k€11k€5k
Result before taxes 9903€133k€49k€34k
Income taxes 67/77€11k€4k€3k
Net result for the period 9904€122k€46k€31k
Result to be appropriated 9905€122k€46k€31k
Directors & mandates 5 directors
Current directors & mandates
  • Cliff Invest BVLegal entity
    Director
    State Gazette act 25020145 (07-02-2025)
    Current
    21-12-2024 → present
  • Yent! Paerewyck
    Director
    State Gazette act 23001956 (05-01-2023)
    Current
    01-11-2022 → present
Former directors (3)
  • Cliff Paerewyck
    Director
    State Gazette act 25020145 (07-02-2025)
    Former
    - → 21-12-2024
  • Paerewyck Cliff Jozef
    Director
    State Gazette act 25301179 (07-01-2025)
    Former
    - → 30-09-2024
  • Paerewyck Yentl
    Director
    State Gazette act 25301179 (07-01-2025)
    Former
    - → 30-09-2024
Legal Structure
NACE primary Retail sale of fruit and vegetables(47210)
Legal form Private limited company(610)
Incorporation27-10-1999
StatusActive
Postal code9450
Establishment units 1 location
Terjodendries(ER) 44, 9450 Haaltert
Warehousing and support activities for transportation
since 20002.097.195.032
Real-estate footprint Source: CBE × cadastre
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41024B1769/00S000 Flanders 430 m² 1 · 204 m² 12.5 m · 2 fl.
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.
Updates 13 events
Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Highest result since 2023net €122k ▲168%
Operating result €144k, net result €122k, both a record.
25-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
07-02
State Gazette act Director changes
07-01
State Gazette act Director changes
Daisy BRACKE · correction
2024
31-12
Financial Equity above €150kEq €159k ▲14.3%
2 profitable years in a row build equity to €159k.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
05-01
State Gazette act Director changes
2022
29-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 90 days late
2021
21-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 143 days late
2020
09-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
30-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
18-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage 0 of 10 acts read

We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 3 acts
All acts · 3 updated 1 year ago
2025
07-02-2025 1 director appointed, 1 resigning Director changes
  • Cliff Invest BV, Bestuurder
  • Cliff Paerewyck, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
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      },
      "reason": "de_plein_droit_dissolution",
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2024-12-21",
      "evidence_quote": "De bijzondere algemene vergadering beslist om met ingang van 21.12.2024 de Heer Cliff Paerewyck te ontslaan als bestuurder van de vennootschap Edelvis.",
      "decharge_status": null,
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      },
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      "effective_date": "2024-12-21",
      "evidence_quote": "De bijzondere algemene vergadering besluit om met ingang van 21 december 2024 de vennootschap Cliff Invest BV te benoemen als bestuurder van de vennootschap Edelvis.",
      "decharge_status": null,
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    },
    {
      "kind": "rep_rotation",
      "role": "vaste_vertegenwoordiger",
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      "reason": null,
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      },
      "statutory": null,
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      "evidence_quote": "De heer Cliff Paerewyck wordt aangesteld als vaste vertegenwoordiger van Cliff Invest BV in deze hoedanigheid.",
      "decharge_status": null,
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      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
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  ],
  "notary": {
    "name": null,
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    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2025-02-07",
    "filing_date": "2025-01-30",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2024-12-21",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0467.162.490",
    "name_full": "Edelvis",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
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    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
07-01-2025 2 resigning, 1 reappointed Director changes·Daisy BRACKEcorrection
  • Paerewyck Cliff Jozef, Bestuurder
  • Paerewyck Yentl, Bestuurder
  • Paerewyck Cliff, Bestuurder
Notary: Daisy BRACKE · Geraardsbergen
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Paerewyck Cliff Jozef",
        "address": "9450 Haaltert, Terjodendries 44",
        "birth_date": "1984-09-05",
        "profession": null,
        "birth_place": "Aalst"
      },
      "reason": "end_of_term",
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": false,
      "effective_date": "2024-09-30",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "retroactive"
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Paerewyck Yentl",
        "address": "9450 Haaltert, Terjodendries 44",
        "birth_date": "2003-10-21",
        "profession": null,
        "birth_place": "Aalst"
      },
      "reason": "end_of_term",
      "subkind": null,
      "via_org": null,
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      "compensated": false,
      "effective_date": "2024-09-30",
      "evidence_quote": "",
      "decharge_status": null,
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      "effective_date_qualifier": "retroactive"
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Paerewyck Cliff",
        "address": "9450 Haaltert, Terjodendries 44",
        "birth_date": "1984-09-05",
        "profession": null,
        "birth_place": "Aalst"
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": "niet_statutair",
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
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      "person": null,
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      "via_org": null,
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      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "correction",
      "role": null,
      "person": null,
      "reason": null,
      "subkind": "rectification",
      "via_org": null,
      "statutory": null,
      "compensated": null,
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      "evidence_quote": "",
      "decharge_status": null,
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      "rep_rotation_new_rep": null,
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      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": "Daisy BRACKE",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Geraardsbergen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-01-07",
    "filing_date": "2025-01-03",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2024-12-20",
      "unanimous": null
    }
  ],
  "is_correction": true,
  "subject_company": {
    "kbo": "0467.162.490",
    "name_full": "EDELVIS",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Daisy BRACKE",
    "org_rep_person_name": null,
    "person_role_at_subject": "notaris"
  },
  "co_filed_documents": [
    "expeditie van de akte",
    "geco\u00F6rdineerde statuten",
    "bestuurdersverslag artikel 5:101 WVV"
  ],
  "corrected_publication_numac": null
}
2023
05-01-2023 Yent! Paerewyck appointed as director Director changes
  • Yent! Paerewyck, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Yent! Paerewyck",
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      },
      "reason": null,
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      "compensated": null,
      "effective_date": "2022-11-01",
      "evidence_quote": "De bijzondere algemene vergadering beslist om met ingang vanaf 1 november 2022 de Heer Yent! Paerewyck te benoemen als bestuurder van de vennootschap EDELVIS.",
      "decharge_status": null,
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      },
      "rep_rotation_new_rep": null,
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    },
    {
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      "person": {
        "rrn": null,
        "name": "Cliff Paerewyck",
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      },
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    }
  ],
  "notary": {
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    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-01-05",
    "filing_date": "2022-12-23",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2022-11-01",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0467.162.490",
    "name_full": "EDELVIS",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
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  },
  "co_filed_documents": [],
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}
Credit advice verdict per customer and amount
Company registry (CBE) Crossroads Bank
Activities
Retail sale of fruit and vegetables47210Retail trade478105139152621Wholesale trade46391Retail trade47230
Names & trade names
Legal nameNL EDELVIS
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative