ED-TECH
Open bankruptcyA bankruptcy procedure is open for ED-TECH according to publications in the Belgian State Gazette; curator: WIM BOLLEN.
Summary
The 2021 annual accounts show equity of €105k and a net result of €-4k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Turnover
€233k
EBIT margin
10.4%
Net result
€-4k
2020 · €23k
2018: €3k
2019: €-29k
2020: €23k
2018 → 2021
Working capital
€103k▼ 4.4%
2020 · €108k
2018: €110k
2019: €82k
2020: €108k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€233k
Equity€115k-€86k▼ 24.8%€110k▲ 26.9%€105k▼ 4.0%
Operating result€12k-€14k▲ 12.9%€24k▲ 71.7%€-4k
Net result€3k-€-29k€23k€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €4k after €24k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €231k
Fixed assets
€2k ▼ 7.7%
Current assets
€229k ▲ 27.3%
Equity and liabilities €231k
Equity
€105k ▼ 4.0%
Debt
€126k ▲ 73.4%
The debt ratio rises from 39.8% to 54.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-4k▼
2020 · €26k
Cash flow
€-4k▼
2020 · €25k
Current ratio
1.82▼
2020 · 2.50
Debt / equity
1.19
ROE
-4.2%▼
2020 · 21.2%
ROA
-1.9%▼
2020 · 12.8%
Interest coverage
-0.46
Debt ≤ 1 year
€126k▲
2020 · €72k
Staff costs
€63k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 44 lines
Balance sheet
Code20202021
Assets
Total assets20/58€182k€231k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€197-
Financial fixed assets28€2k€2k=
Current assets29/58€180k€229k▲
Amounts receivable within one year40/41€173k€229k▲
Trade receivables40-€110k
Other amounts receivable41-€119k
Cash at bank and in hand54/58€6k-
Equity and liabilities
Total equity and liabilities10/49€182k€231k▲
Equity10/15€110k€105k▼
Contributions10/11€19k€19k=
Outside capital11-€19k
Other1109/19-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€89k€85k▼
Amounts payable17/49€73k€126k▲
Amounts payable within one year42/48€72k€126k▲
Financial debts43-€386
Credit institutions430/8-€386
Trade debts44€36k€114k▲
Suppliers440/4-€114k
Taxes, remuneration and social security45-€11k
Taxes450/3-€3k
Remuneration and social security454/9-€8k
Income statement
Code20202021
Turnover70€233k-
Remuneration, social security and pensions62-€63k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€197▼
Other operating charges640/8-€1k
Non-recurring operating charges66A-€150
Gross operating margin9900€115k€61k▼
Operating profit (loss)9901€24k€-4k▼
Financial income75/76B-€8k
Recurring financial income75€14k€8k▼
Financial charges65/66B-€8k
Recurring financial charges65€4k€8k▲
Profit (loss) for the period before taxes9903€29k€-4k▼
Income taxes67/77€5k-
Profit (loss) for the period9904€23k€-4k▼
Profit (loss) for the period to be appropriated9905€23k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€85k
Profit (loss) brought forward from the previous period14P-€89k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
12-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · ED-TECH BV KARDINAAL MERCIERPLEIN 31, 1090 BRUSSEL 9 · event 06-01-2026
2025
03-04
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · ED-TECH BV KARDINAAL MERCIERPLEIN 31, 1090 JETTE · event 25-03-2025
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 120 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
31-12
Financial
Equity above €100kEq €110k ▲26.9%
Equity rises from €86k to €110k.
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
2019
31-12
Financial
Weakest financial yearnet €-29k ▼1133%
Net result drops to €-29k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 48 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
13-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
31-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Jette · 1 establishment unit since 2012
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.
Kardinaal Mercierplein 311090 JetteGround area
79 m²
Building footprint
77 m²
Volume, LiDAR
765 m³
Parcel 21463D0248/00N002, Brussels · tallest building 13.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Kardinaal Mercierplein 31, 1090 Jette
since 20122.255.782.609
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21463D0248/00N002 | Brussels | 79 m² | 1 · 77 m² | 13.6 m · 4 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | WIM BOLLEN STEENWEG OP SINT-JORIS-WINGE 21,
3200 AARSCHOT |
06-01-2026 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-06-2012
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.