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EDPNET

Bankruptcy Public limited companyfounded 1999Van Landeghemstraat 20, 9100 Sint-NiklaasKBO/BCE: BE 0466.070.845

Information for creditors

Enterprise Court of Ghent, Dendermonde division · Official Gazette of 07-11-2022

Opened on 31 October 2022 · extended on 29 January 2024 · moratorium passed on 14 September 2023

Steps, deadlines and articles of law

The procedure

Track
Reorganisation by transfer under court supervision
Docket number
20220015
Moratorium until
14 September 2023 (passed, unless a later judgment extended it)
Delegated judge
Peter Focke
Official Gazette
07-11-2022search the document for 2022/140085
Extension
judgment of 29 January 2024, Official Gazette 05-02-2024search the document for 2024/103901

Steps for a creditor

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. A court officer sells the business or part of it. Creditors are paid from the proceeds, according to their ranking.
  3. What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
  4. The file is in RegSol, where you can read the documents of the procedure.

The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

Follow Follow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.

This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.

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Lifetime

15 annual accounts with figures on one time axis, 21 filings since 2000
peak €3.7m (2020)
€3.7m▲ 3.7%
lowest -€1,479 (2016)
€36,311▼ 79.3%
peak €1.5m (2020)
€1.5m▲ 2.4%
€7.7m▼ 0.8%
peak 33 FTE (2020)
33 FTE▲ 2.8%
Board3 names since 2015
2 directors and 1 other
Documentsfilings and deeds
26-08-202126 days late
2020abbreviated format
Result from €175,646 to €36,311Cash from €60,919 to €134,608

Key points

from the 2020 annual accounts, the last ones filed

Debts

€7.7m 83% of the balance sheet
After one year 26%Within one year 74%

Of this, €5.7m falls due within a year.

Filings

21 annual accounts since 2000
AprilJune31 JulyOctober20002005201020152020

Eight of the last ten came late. The 2019 accounts came latest: 70 days after the end of the period.

Board and ownership

Director,
Board & ownership

Recent changes

Extension Enterprise Court of Ghent, Dendermonde division · court-supervised transfer · judgment of 29-01-2024 · Judicial reorganisation
Extension Enterprise Court of Ghent, Dendermonde division · court-supervised transfer · judgment of 25-10-2023 · Judicial reorganisation
Extension Enterprise Court of Ghent, Dendermonde division · court-supervised transfer · judgment of 13-09-2023 · Judicial reorganisation
Extension Enterprise Court of Ghent, Dendermonde division · court-supervised transfer · judgment of 12-06-2023 · Judicial reorganisation
All 40 events

Official details

Source: KBO
Status
In bankruptcyfounded on 07-06-1999
Activity
Wired, wireless and satellite telecommunicationsNACE 61100
Establishment unit
2.091.769.7629100 Sint-Niklaas, since 29-07-1999
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2020

≈ €6.3mestimated
€9.2m▼ 0.3%
Filing
Filed on 26-08-2021
Financials

Insights on EDPNET

The KBO lists the legal status of EDPNET as open bankruptcy, with no start date. The 2020 annual accounts show equity of €1.5m and a net result of €36,311.

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 EDPNET

What is the company number of EDPNET?
The company number of EDPNET is 0466.070.845. The VAT number is the same number with BE in front: BE 0466.070.845.
Where was EDPNET based?
The last known address of the registered office is Van Landeghemstraat 20, 9100 Sint-Niklaas.Company details
What does EDPNET do?
According to the KBO register, the main activity is wired, wireless and satellite telecommunications (NACE 61100).
What is the legal form of EDPNET?
EDPNET is a public limited company (NV).
When was EDPNET founded?
EDPNET was founded on 07-06-1999.
Is EDPNET still active?
A bankruptcy is running. A bankruptcy trustee manages the company.
How many employees did EDPNET have?
EDPNET had an average of 33 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of EDPNET?
The turnover in financial year 2020 is ≈ €6.3m. This figure is estimated from the gross margin of €3.7m and 1,564 comparable companies of the same size. It probably lies between €4.3m and €10.0m. It is a rough estimate. In financial year 2019 turnover was €19.5m.
Is EDPNET profitable?
In financial year 2020, EDPNET made a profit of €36,311.
Where can I find the annual accounts of EDPNET?
EDPNET filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2020.

Next steps

Keep this company with today's facts in a case file.