Liquidity
8.29 was 4.75 in 2023
Short-term debts fell from €3,389 to €1,815.
Edmo
Lifetime
3 annual accounts with figures on one time axispeak €15,715 (2022)
-€241▲ €119
lowest -€533 (2023)
€517▲ €1,050
peak €13,240 (2022)
€13,223▲ 4.1%
€1,815▼ 46.4%
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
02-09-202533 days late
2024micro format
Gross margin from -€360 to -€241Back to profit: €517Debts from €3,389 to €1,815Cash from €472 to €3,192
Key points
from the 2024 annual accountsFilings
3 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Starting capital
€2,500 100 shares
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,545 companies had the same profile as Edmo has now. Each dot stands for 7 companies, two years later.
94.3%
were still trading
3.2%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,545 companies, not a prediction for Edmo. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 21-04-2022
Director
- 100 sharesdeed of 22-04-2022
Recent changes
Appointment: (director)
General meeting of 27-04-2022 · Gazette deed
Incorporation
Founding capital of €2,500, 100 shares · Founder: (comparant) · Appointment: (director) · published on 22-04-2022 · Gazette deed
Official details
Source: KBO- Status
- Active since 20-04-2022Normal situation
- Activity
- “Motion Design” (deed in French)From the articles, 7 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on Edmo
Edmo files the micro format. That format states no turnover. The gross margin fell from €15,715 in 2022 to -€241 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Edmo
- What is the company number of Edmo?
- The company number of Edmo is 0784.992.294. The VAT number is the same number with BE in front: BE 0784.992.294.
- Where is Edmo based?
- The registered office is at Jean Robiestraat 33, 1060 Sint-Gillis (bij-Brussel).Company details
- What is the legal form of Edmo?
- Edmo is a private limited company (BV).
- When was Edmo founded?
- Edmo was founded on 20-04-2022.
- Is Edmo still active?
- Yes, Edmo is an active enterprise in the KBO register.
- What is the turnover of Edmo?
- The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
- Is Edmo profitable?
- In financial year 2024, Edmo made a profit of €517.
- Where can I find the annual accounts of Edmo?
- Edmo filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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