ED-cetera
ActiveSummary
ED-cetera is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For ED-cetera, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€1,438) and a net result of -€4,352. Equity is shrinking by about 59% per year across the filed financial years. Its solvency ranks better than 7% of 7,973 sector peers (NACE 64, financial year 2022). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ED-cetera
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit bestuursorgaan in België of buitenland” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht onder levenden,ten bezwarende of kosteloze titel,vrijwillig of gedwongen(uitsluiting en uittreding),in vruchtgebruik,blote…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Indien geen andere vereffenaar benoemd, bestuurder(s) in functie krachtens statuten” (deed in Dutch)