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EFDECO

Inactive
KBO/BCE: BE 0422.447.272

EFDECO was declared bankrupt on 29-02-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 04-02-2025, published in the Belgian State Gazette on 10-02-2025.

Summary

Inactive; last annual accounts for fiscal year 2022.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 25-07-2023, 6 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
6 d early
2021
31 d late
2020
102 d late
2019
90 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2022, micro schema

Equity
€-12k▼ 1.4%
2021 · €-11k
2018: €-10k 2019: €-11k 2020: €-11k 2021: €-11k
2018 → 2022
Total assets
€32=
2020 · €32
2018: €32 2019: €32 2020: €32
2018 → 2021
Net result
€-159▲ 7.5%
2021 · €-172
2018: €-744 2019: €-762 2020: €-780 2021: €-172
2018 → 2022
Working capital
€-11k▼ 1.5%
2020 · €-11k
2018: €-10k 2019: €-11k 2020: €-11k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019202020212022Trend
Equity€-10k-€-11k▼ 7.8%€-11k▼ 7.4%€-11k▼ 1.5%€-12k▼ 1.4%
Operating result€-744-€-762▼ 2.5%€-780▼ 2.4%€-172▲ 78.0%€-159▲ 7.5%
Net result€-744-€-762▼ 2.5%€-780▼ 2.4%€-172▲ 78.0%€-159▲ 7.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-800€-600€-400€-200€0Operating result 2018: €-744€-744Net result 2018: €-744€-744Operating result 2019: €-762€-762Net result 2019: €-762€-762Operating result 2020: €-780€-780Net result 2020: €-780€-780Operating result 2021: €-172€-172Net result 2021: €-172€-172Operating result 2022: €-159€-159Net result 2022: €-159€-15920182019202020212022€-800€-600€-400€-200€0Operating result 2020: €-780€-780Net result 2020: €-780€-780Operating result 2021: €-172€-172Net result 2021: €-172€-172Operating result 2022: €-159€-159Net result 2022: €-159€-159202020212022
The operating result stays negative: a loss of €159 in 2022 against €172 in 2021; the loss shrinks.
Key figures and ratios
2022 value · change against 2021
Debt to equity
-1.00
Debt
€12k▲
2021 · €12k
Debt ≤ 1 year
€12k▲
2021 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 24 lines
Balance sheet Code20212022
Assets
Total assets20/58€32-
Current assets29/58€32-
Cash at bank and in hand54/58€32-
Equity and liabilities
Total equity and liabilities10/49€32-
Equity10/15€-11k€-12k▼
Contributions10/11€9k€9k=
Reserves13€7k€7k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€-27k€-27k▼
Amounts payable17/49€12k€12k▲
Amounts payable within one year42/48€12k€12k▲
Trade debts44€117-
Suppliers440/4€117-
Other amounts payable47/48€11k€12k▲
Income statement Code20212022
Other operating charges640/8€55€159▲
Gross operating margin9900€-117-
Operating profit (loss)9901€-172€-159▲
Profit (loss) for the period before taxes9903€-172€-159▲
Profit (loss) for the period9904€-172€-159▲
Profit (loss) for the period to be appropriated9905€-172€-159▲
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€-27k▼
Profit (loss) brought forward from the previous period14P€-27k€-27k▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
10-02
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 04-02-2025
2024
06-03
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 29-02-2024
2023
25-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
10-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 102 days late
2020
31-12
Financial Weakest financial yearnet €-780
Net result drops to €-780, the lowest in the series.
29-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
26-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
31-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
28-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint

Insolvency mandates

1 mandate
Role Name Tenure
Curator ROBIN TAVERNIER
AMERIKALEI 182, 2000 ANTWERPEN 1
29-02-2024 → 04-02-2025