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Complete company report
Generated 11-08-2026
Active BE 0663.531.963Private limited company

NEDEX

· 9 yrs active
Conclusion Checked

The KBO register records legal situation 050 for NEDEX (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €170k and a net result of €49k.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €170k
Net result €49k
Active 9 yrs
Board 2
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health81Profitability100Solvency74Growth78Stability0
67 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 81
Profitability 100
Solvency 74
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
3 / 100
Low riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· 1 administrative flag (+3)
Trust signals 1 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Administrative Flags 1 events
Address struck
Health barometer FY 2022 · computed
81 / 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.

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Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.
Financial overview6 NBB filings
Annual accounts filed on 14-06-2023 with the NBB · fiscal year 2022 · verkort
€-100k€-50k€0€50k€100kOperating result 2018: €26k€26kNet result 2018: €25k€25kOperating result 2019: €-50k€-50kNet result 2019: €-27k€-27kOperating result 2020: €41k€41kNet result 2020: €12k€12kOperating result 2021: €119k€119kNet result 2021: €88k€88kOperating result 2022: €70k€70kNet result 2022: €49k€49k20182019202020212022
Operating resultNet result
EBITDA
€139k
-0.1% 18-22
Net profit
€49k
-44.1% 18-22
Cash flow
€119k
+8.9% 18-22
Total assets
€400k
-12.1% 18-22
Equity
€170k
+40.9% 18-22
Working capital
€93k
+237.1% 18-22
Staff costs
€540k
+35.5% 18-22
Income taxes
€18k
-35.8% 18-22
Debt
€229k
-31.3% 18-22
Debt ≤ 1y
€229k
-31.3% 18-22
Current ratio
1.40
+29.7% 18-22
Quick ratio
1.40
+29.7% 18-22
Solvency
42.6%
+60.3% 18-22
Debt / equity
1.35
-51.2% 18-22
ROE
29.0%
-60.3% 18-22
ROA
12.4%
-36.4% 18-22
Interest coverage
54.64
-4.1% 18-22
Figures by fiscal year
Fiscal year2022
Depositverkort
Revenue-
EBITDA€139k
Net profit€49k
Cash flow€119k
Staff costs€540k
Income taxes€18k
Dividends-
Total assets€400k
Equity€170k
Debt€229k
of which ≤ 1y€229k
of which > 1y-
Working capital€93k
Employees (FTE)-
Ratios (computed)
2022
Current ratio1.40
Quick ratio1.40
Working capital ratio23.2%
Solvency42.6%
Debt / equity1.35
Long-term debt ratio-
Interest coverage54.64
Gross margin-
Net margin-
ROA12.4%
ROE29.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€400k
Fixed assets 21/28€78k
Tangible fixed assets 22/27€77k
Financial fixed assets 28€870
Current assets 29/58€322k
Amounts receivable within one year 40/41€164k
Cash & bank 54/58€152k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€400k
Equity 10/15€170k
Contributions / capital 10/11€19k
Reserves 13€2k
Accumulated profits (losses) 14€150k
Amounts payable 17/49€229k
Amounts payable within one year 42/48€229k
Trade debts payable within one year 44€26k
Income statement
Gross operating margin 9900€695k
Operating result 9901€70k
Financial income 75€10
Financial charges 65€3k
Result before taxes 9903€67k
Income taxes 67/77€18k
Net result for the period 9904€49k
Result to be appropriated 9905€49k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 4 directors
Current directors & mandates
  • Yusein Erhan
    Director
    State Gazette act 24180334 (24-12-2024)
    Current
    01-08-2024 → present
  • DOGUÇ Mustafa
    Director
    State Gazette act 24396710 (13-05-2024)
    Current
    13-05-2024 → present
Former directors (2)
  • MURAT Kerim
    Director
    State Gazette act 24396710 (13-05-2024)
    Former
    13-05-2024 → 01-08-2024
    2 events
    • 01-08-2024 Resigned· Director
    • 13-05-2024 Appointed· Director
  • Doguc Mustafa
    Director
    State Gazette act 24130735 (06-09-2024)
    Former
    - → 30-06-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary -
Legal form Private limited company(610)
Incorporation27-09-2016
StatusActive
Postal code-
Establishment units 1 location
NEDEX
De Leescorfstraat 33, 2140 AntwerpenGoederenvervoer over de weg
since 20162.257.208.707
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11313B0905/00W011 Flanders 109 m² 1 · 93 m² 12.0 m · 2 fl.
11805E0435/00V004 Flanders 70 m² 1 · 60 m² 11.9 m · 4 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
29-08-2025
KBO administration Address struck
2024
24-12-2024
State Gazette act Capital & shares
26-09-2024
State Gazette act Director changes
06-09-2024
State Gazette act Capital & shares
13-05-2024
State Gazette act Director changes
Jeroen Uytterhaegen
2023
14-06-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
25-10-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
05-11-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
11-09-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
25-06-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
02-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
Lifecycle & Insolvency Signals 1 events
29-08-2025
KBO administration Address struck
 · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-08-29 · KBO administration · Address struck
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 4 acts
Capital history · 2
24-12-2024
Capital change
06-09-2024
Capital change
All acts · 4 updated 1 year ago
2024
24-12-2024 Transaction in capital or shares Capital & shares
Technical details 
{
  "events": [],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Luik",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-12-24",
    "filing_date": "2024-12-11",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2024-12-11",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-08-01"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0663.531.963",
    "name_full": "Nedex afdeling Antwerpen",
    "legal_form": "B.V.",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Yusein Erhan",
      "role": "aandeelhouder",
      "n_shares": null,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
26-09-2024 Doguc Mustafa resigns as director Director changes
  • Doguc Mustafa, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Doguc Mustafa",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2024-06-30",
      "evidence_quote": "De heer Doguc Mustafa te ontslaan als bestuurder vanaf 30.06.2024 Er wordt d\u00E9charge verleend over de periode actief als bestuurder.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-09-26",
    "filing_date": "2024-09-17",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2024-06-30",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0663.531.963",
    "name_full": "NEDEX",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Murat Kerim",
    "org_rep_person_name": null,
    "person_role_at_subject": "Ontslagnemend bestuurder"
  },
  "co_filed_documents": [
    "Notulen van de bijzondere algemene vergadering van aandeelhouders d.d. 30/06/2024"
  ],
  "corrected_publication_numac": null
}
06-09-2024 Transaction in capital or shares Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Murat Kerim",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2024-06-30",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "act_date": "2024-08-28",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-06-30"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0663.531.963",
    "name_full": "Nedex",
    "legal_form": "B.V.",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": 100.0,
      "kind": "person",
      "name": "Murat Kerim",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
13-05-2024 2 directors appointed, 2 reappointed Director changes·Jeroen Uytterhaegen
  • MURAT Kerim, Bestuurder
  • DOGUÇ Mustafa, Bestuurder
  • DOGUÇ Mustafa, Bestuurder
  • MURAT Kerim, Bestuurder
Notary: Jeroen Uytterhaegen · Wetteren
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "MURAT Kerim",
        "address": "2640 Mortsel, Statielei 23/glvl",
        "birth_date": "1988-08-24",
        "profession": null,
        "birth_place": "Sorgun, Turkije"
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": "niet_statutair",
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Genoemde heer MURAT Kerim, tot niet-statutair bestuurder voor onbepaalde duur benoemd bij",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "DOGU\u00C7 Mustafa",
        "address": "2180 Antwerpen (Ekeren), Groot Hagelkruis 186",
        "birth_date": "1988-05-23",
        "profession": null,
        "birth_place": "ADANA, Turkije"
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": "niet_statutair",
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Genoemde heer DOGU\u00C7 Mustafa, tot niet-statutair bestuurder (alsdan zaakvoerder genoemd) voor onbepaalde duur benoemd",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "DOGU\u00C7 Mustafa",
        "address": "2180 Antwerpen (Ekeren), Groot Hagelkruis 186",
        "birth_date": "1988-05-23",
        "profession": null,
        "birth_place": "ADANA, Turkije"
      },
      "reason": null,
      "subkind": "confirmation",
      "via_org": null,
      "statutory": "niet_statutair",
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Bevestiging (her)benoeming van genoemde heer DOGU\u00C7 Mustafa als niet-statutaire bestuurder",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "MURAT Kerim",
        "address": "2640 Mortsel, Statielei 23/glvl",
        "birth_date": "1988-08-24",
        "profession": null,
        "birth_place": "Sorgun, Turkije"
      },
      "reason": null,
      "subkind": "confirmation",
      "via_org": null,
      "statutory": "niet_statutair",
      "compensated": null,
      "effective_date": "2023-10-01",
      "evidence_quote": "Bevestiging beslissing tot benoeming van genoemde heer MURAT Kerim als niet-statutaire bestuurder",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "board_snapshot",
      "role": "bestuurder",
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Dat op heden, de bestuurders van de vennootschap, eveneens vertegenwoordigd zijn als voormeld.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": "Jeroen Uytterhaegen",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Wetteren",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-05-13",
    "filing_date": "2024-05-08",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2024-04-26",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0663.531.963",
    "name_full": "NEDEX",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Jeroen UYTTERHAEGEN",
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "Uitgifte akte",
    "Geco\u00F6rdineerde statuten"
  ],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL NEDEX
Registration history
  1. 29-08-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative