EDPNET
BankruptcySummary
The KBO register records for EDPNET the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €1.55M and a net result of €36k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 26-08-2021, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
26 d late
2019
70 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, abbreviated schema
Turnover
€19.54M▲ 18.7%
2018 · €16.47M
2018: €16.47M
2018 → 2019
EBIT margin
3.6%▲ 2.0pp
2018 · 1.6%
2018: 1.6%
2018 → 2019
Net result
€36k▼ 79.3%
2019 · €176k
2018: €73k
2019: €176k
2018 → 2020
Working capital
€837k▼ 54.7%
2019 · €1.85M
2018: €1.44M
2019: €1.85M
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€16.47M-€19.54M▲ 18.7%
Equity€1.33M-€1.51M▲ 13.2%€1.55M▲ 2.4%
Operating result€263k-€712k▲ 171%€190k▼ 73.3%
Net result€73k-€176k▲ 140%€36k▼ 79.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 73% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €8.62M
Fixed assets
€2.08M ▼ 2.5%
Current assets
€6.54M ▼ 8.1%
Equity and liabilities €9.23M
Equity
€1.55M ▲ 2.4%
Debt
€7.68M ▼ 0.8%
Debt's share of the balance-sheet total falls from 83.7% to 83.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.16M▼
2019 · €1.48M
Cash flow
€1.01M▲
2019 · €947k
Current ratio
1.15▼
2019 · 1.35
Quick ratio
1.10▼
2019 · 1.17
Debt to equity
1.28▼
2019 · 1.63
ROE
2.3%▼
2019 · 11.6%
ROA
0.4%▼
2019 · 1.9%
Debt ≤ 1 year
€5.71M▲
2019 · €5.28M
Debt > 1 year
€1.97M▼
2019 · €2.46M
Income taxes
€92k
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 · 2020 against 2019 · 28 lines
Balance sheet
Code20192020
Assets
Total assets20/58€9.25M€9.23M▼
Formation expenses20-€608k
Fixed assets21/28€2.13M€2.08M▼
Intangible fixed assets21€214k€399k▲
Tangible fixed assets22/27€1.92M€1.68M▼
Current assets29/58€7.12M€6.54M▼
Stocks and contracts in progress3€946k€250k▼
Amounts receivable within one year40/41€1.51M€1.52M▲
Cash at bank and in hand54/58€61k€135k▲
Equity and liabilities
Total equity and liabilities10/49€9.25M€9.23M▼
Equity10/15€1.51M€1.55M▲
Contributions10/11€590k€590k=
Reserves13€60k€60k=
Profit (loss) carried forward14€860k€896k▲
Amounts payable17/49€7.74M€7.68M▼
Amounts payable after more than one year17€2.46M€1.97M▼
Amounts payable within one year42/48€5.28M€5.71M▲
Trade debts44€2.38M€2.70M▲
Income statement
Code20192020
Turnover70€19.54M-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€771k€972k▲
Gross operating margin9900€3.54M€3.67M▲
Operating profit (loss)9901€712k€190k▼
Recurring financial income75€38k€4k▼
Recurring financial charges65€575k€675k▲
Profit (loss) for the period before taxes9903€176k€128k▼
Income taxes67/77-€92k
Profit (loss) for the period9904€176k€36k▼
Profit (loss) for the period to be appropriated9905€175k€36k▼
Timeline · acts, filings and financial milestones
2022
07-11
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · amiable · event 31-10-2022
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet €36k ▼79.3%
Net result drops to €36k, the lowest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 70 days late
2019
31-12
Financial
Highest result since 2018net €176k ▲140%
Operating result €712k, net result €176k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
20-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
12-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 12 days late
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 30 days late
2012
20-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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-Niklaas · 1 establishment unit since 1999
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Van Landeghemstraat 209100 Sint-NiklaasGround area
1,428 m²
Building footprint
315 m²
Volume, LiDAR
2,140 m³
Parcel 46446B1030/00N000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Van Landeghemstraat 20, 9100 Sint-Niklaas
since 19992.091.769.762
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46446B1030/00N000 | Flanders | 1,428 m² | 1 · 315 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 2,759 EUR awarded · 2,759 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,663 EUR | 2,663 EUR |
| 2022 | 1 | 96 EUR | 96 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
549300X0D2PX7GKAOS32
Similar companies · same sector, comparable size
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MOBYVELEC
BE 0810.650.279
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SOLUTEL
BE 0890.051.709
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NCE
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Of 1,376 companies in sector 61100 we hold annual accounts for 586. 220 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-06-1999
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.edpnet.com
E-mail:info@edpnet.com