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EDPNET

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

The KBO register records for EDPNET the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €1.5m and a net result of €36,311.

Are you a creditor?

Judicial reorganisation Source: Belgian 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.

The procedure

Court
Enterprise Court of Ghent
Opened
31 October 2022
Track
Reorganisation by amicable settlement
Docket number
20220015
Delegated judge
Peter Focke
Official Gazette
07-11-2022 (pdf) ↗search the document for 2022/140085

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. An amicable settlement binds only the creditors who sign it. You decide whether you sign.
  3. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  4. The file is in RegSol, where you can read the documents of the procedure.

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

View the file in RegSol ↗ Watch Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX WER). The company is restructuring.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 26-08-2021, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
26 d late
2019
70 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 48 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 7 June 1999, EDPNET was incorporated.1 Total assets went from EUR 8.5 million in 2018 to EUR 9.2 million in 2020 and headcount from 27.3 to 33 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020

Go further with this company

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

Financials · fiscal year 2020, abbreviated schema

Turnover
€19.5m▲ 18.7%
2018 · €16.5m
EBIT margin
3.6%▲ 2.0pp
2018 · 1.6%
Net result
€36,311▼ 79.3%
2019 · €175,646
Working capital
€837,064▼ 54.7%
2019 · €1.8m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 61, Telecommunications, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820192020
Turnover€16.5m-€19.5m▲ 18.7%
Operating result€262,843-€712,418▲ 171%€190,317▼ 73.3%
Net result€73,222-€175,646▲ 140%€36,311within the sector's middle half▼ 79.3%
EBIT margin1.6%-3.6%▲ 2.0pp
Equity€1.3m-€1.5m▲ 13.2%€1.5mabove the sector's middle half▲ 2.4%
Total assets€8.5m-€9.3m▲ 9.0%€9.2mabove the sector's middle half▼ 0.3%
Debt€7.2m-€7.7m▲ 8.2%€7.7m▼ 0.8%
Working capital€1.4m-€1.8m▲ 28.5%€837,064above the sector's middle half▼ 54.7%
Solvency15.7%-16.3%▲ 0.6pp16.8%within the sector's middle half▲ 0.4pp
Current ratio1.26-1.35▲ 0.091.15within the sector's middle half▼ 0.20
Return on assets (ROA)0.9%-1.9%▲ 1.0pp0.4%within the sector's middle half▼ 1.5pp
Staff (FTE)27.3-32.1▲ 17.6%33above the sector's middle half▲ 2.8%
above within below the middle half (P25 to P75) of NACE 61, Telecommunications, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000€600,000€800,000Operating result 2018: €262,843€262,843Net result 2018: €73,222€73,222Operating result 2019: €712,418€712,418Net result 2019: €175,646€175,646Operating result 2020: €190,317€190,317Net result 2020: €36,311€36,311201820192020€0€200,000€400,000€600,000€800,000Operating result 2018: €262,843€263,000Net result 2018: €73,222€73,200Operating result 2019: €712,418€712,000Net result 2019: €175,646€176,000Operating result 2020: €190,317€190,000Net result 2020: €36,311€36,300201820192020
The operating result falls in 2020; 2020 is 73% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €8.6m
Fixed assets €2.1m ▼ 2.5%
Current assets €6.5m ▼ 8.1%
Equity and liabilities €9.2m
Equity €1.5m ▲ 2.4%
Debt €7.7m ▼ 0.8%
Debt's share of the balance-sheet total falls from 83.7% to 83.2%. Equity is higher and debt is lower.
Key figures and ratios
2020 value · change against 2019
EBITDA
€1.2m▼
2019 · €1.5m
Cash flow
€1.0m▲
2019 · €946,909
Quick ratio
1.10▼
2019 · 1.17
Debt to equity
1.28▼
2019 · 1.63
ROE
2.3%▼
2019 · 11.6%
Debt ≤ 1 year
€5.7m▲
2019 · €5.3m
Debt > 1 year
€2.0m▼
2019 · €2.5m
Income taxes
€91,793
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 28 lines
Balance sheet Code20192020
Assets
Total assets20/58€9.3m€9.2m▼
Formation expenses20-€608,446
Fixed assets21/28€2.1m€2.1m▼
Intangible fixed assets21€213,605€398,965▲
Tangible fixed assets22/27€1.9m€1.7m▼
Current assets29/58€7.1m€6.5m▼
Stocks and contracts in progress3€946,150€250,080▼
Amounts receivable within one year40/41€1.5m€1.5m▲
Cash at bank and in hand54/58€60,919€134,608▲
Equity and liabilities
Total equity and liabilities10/49€9.3m€9.2m▼
Equity10/15€1.5m€1.5m▲
Contributions10/11€590,000€590,000=
Reserves13€60,100€60,100=
Profit (loss) carried forward14€859,986€896,297▲
Amounts payable17/49€7.7m€7.7m▼
Amounts payable after more than one year17€2.5m€2.0m▼
Amounts payable within one year42/48€5.3m€5.7m▲
Trade debts44€2.4m€2.7m▲
Income statement Code20192020
Turnover70€19.5m-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€771,263€972,239▲
Gross operating margin9900€3.5m€3.7m▲
Operating profit (loss)9901€712,418€190,317▼
Recurring financial income75€38,118€3,899▼
Recurring financial charges65€574,890€674,891▲
Profit (loss) for the period before taxes9903€175,646€128,104▼
Income taxes67/77-€91,793
Profit (loss) for the period9904€175,646€36,311▼
Profit (loss) for the period to be appropriated9905€174,546€36,311▼
Line201820192020Change
Turnover70€16.5m€19.5m--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€757,274€771,263€972,239▲ 26.1%
Gross operating margin9900€2.7m€3.5m€3.7m▲ 3.7%
Operating profit (loss)9901€262,843€712,418€190,317▼ 73.3%
Recurring financial income75€311,169€38,118€3,899▼ 89.8%
Recurring financial charges65€438,482€574,890€674,891▲ 17.4%
Profit (loss) for the period before taxes9903€137,414€175,646€128,104▼ 27.1%
Income taxes67/77€64,192-€91,793-
Profit (loss) for the period9904€73,222€175,646€36,311▼ 79.3%
Profit (loss) for the period to be appropriated9905€73,222€174,546€36,311▼ 79.2%
Line201820192020Change
Assets
Total assets20/58€8.5m€9.3m€9.2m▼ 0.3%
Formation expenses20--€608,446-
Fixed assets21/28€1.6m€2.1m€2.1m▼ 2.5%
Intangible fixed assets21-€213,605€398,965▲ 86.8%
Tangible fixed assets22/27€1.6m€1.9m€1.7m▼ 12.5%
Financial fixed assets28€11,277---
Current assets29/58€6.9m€7.1m€6.5m▼ 8.1%
Stocks and contracts in progress3€1.0m€946,150€250,080▼ 73.6%
Amounts receivable within one year40/41€1.4m€1.5m€1.5m▲ 0.7%
Cash at bank and in hand54/58€113,943€60,919€134,608▲ 121%
Equity and liabilities
Total equity and liabilities10/49€8.5m€9.3m€9.2m▼ 0.3%
Equity10/15€1.3m€1.5m€1.5m▲ 2.4%
Contributions10/11€590,000€590,000€590,000=
Reserves13€59,000€60,100€60,100=
Profit (loss) carried forward14€685,440€859,986€896,297▲ 4.2%
Amounts payable17/49€7.2m€7.7m€7.7m▼ 0.8%
Amounts payable after more than one year17€1.7m€2.5m€2.0m▼ 19.9%
Amounts payable within one year42/48€5.5m€5.3m€5.7m▲ 8.1%
Trade debts44€1.8m€2.4m€2.7m▲ 13.1%
Line201820192020Change
Profit (loss) for the period9904€73,222€175,646€36,311▼ 79.3%
+ Depreciation and write-downs630€757,274€771,263€972,239▲ 26.1%
Operating cash flow (approximation)€830,496€946,909€1.0m▲ 6.5%
Investment in fixed assets (approximation)--€1.3m-€918,493▲ 30.0%
Change in cash--€53,024€73,690▲ 239%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2022
07-11
Judicial reorganisation Opening
Ondernemingsrechtbank Gent · amicable agreement · event 31-10-2022
2021
26-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
31-12
Financial Weakest financial yearnet €36,311 ▼79.3%
Net result drops to €36,311, the lowest in the series.
09-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 70 days late
2019
31-12
Financial Highest result since 2018net €175,646 ▲140%
Operating result €712,418, net result €175,646, both a record.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
20-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
12-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 12 days late
2013
30-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 30 days late
2012
20-07
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
7 acts for this company are 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, Sint-Niklaas · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
1,428 m²
Building footprint
315 m²
Volume, LiDAR
2,140 m³
Parcel 46446B1030/00N000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Van Landeghemstraat 20, 9100 Sint-Niklaas
NACE 5248701
since 19992.091.769.762
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46446B1030/00N000 Flanders 1,428 m² 1 · 315 m² 11.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 2,759 EUR awarded · 2,759 EUR paid
Year Entries awardedpaid
2023 1 2,663 EUR2,663 EUR
2022 1 96 EUR96 EUR
Schemes
1 entry · 2,663 EUR · 2,663 EUR paid · Departement Werk en Sociale Economie
1 entry · 96 EUR · 96 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

549300X0D2PX7GKAOS32
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 1,372 companies in sector 61100 we hold annual accounts for 590. 221 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded07-06-1999
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
Contact
E-mail info@edpnet.com
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.