Payment terms
65 days to suppliers
ELECTRONIC DEVELOPMENT SECURITY pays its suppliers 54 days later than in 2021. Customers pay 35 days earlier.
ELECTRONIC DEVELOPMENT SECURITY
Overview
Information for creditors
Enterprise Court of Walloon Brabant · Official Gazette of 20-11-2024Filing the claim in RegSol 09-11-2024First verification report 21-11-2024Appeal or third-party opposition 05-12-2024Late claim 10-10-2025
Trustee: Virginie Salteur. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Lifetime
6 annual accounts with figures on one time axispeak €80,030 (2022)
€80,030▲ 19.5%
lowest -€1,462 (2018)
€24,799▲ 11.4%
peak €130,094 (2022)
€130,094▲ 23.6%
€102,713▲ 22.5%
Board1 name since 2024
-
Owners
Documentsfilings and deeds
10-05-2024284 days late
2022financial year
Turnover from €66,991 to €80,030Gross margin from €35,844 to €44,998Equity from €105,294 to €130,094Debts from €83,845 to €102,713Investments €635
Key points
from the 2022 annual accounts, the last ones filedFilings
6 annual accounts 5 late
The 2018 accounts came latest: 1,745 days after the end of the period.
At the same address
3 companies
BeOne came to this address 83 days after the ruling.
No score
Recent changes
3 companies at this address later
STACK VET CORPORATION, MB COOPER & PARTNERS and BeOne · since 2025
Address struck
effective 10-05-2026 · KBO administration
Bankruptcy published
Enterprise Court of Walloon Brabant · judgment of 10-10-2024 · Bankruptcy
Transfer of 30 shares from CHARLOTTE RHEUTER to PHILIPPE RHEUTER
Resignation: CHARLOTTE RHEUTER (manager) · Director discharge: CHARLOTTE RHEUTER (manager) · General meeting of 30 12 2021 · Gazette deed
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 10-10-2024
- Legal form
- Private limited company (pre-2019)
- Activity
- Other legal servicesNACE 69109and 1 other
- Establishment unit
- 2.292.124.0541410 Waterloo, since 30-06-2019
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2022
- €80,030▲ 19.5%
- €24,799▲ 11.4%
- €130,094▲ 23.6%
- €232,807▲ 23.1%
- Filing
- Filed on 10-05-2024
Insights on ELECTRONIC DEVELOPMENT SECURITY
On 10 October 2024 the court declared ELECTRONIC DEVELOPMENT SECURITY bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2022
full format, filed on 10-05-2024, 284 days late€80,030
▲ 19.5%
€37,003
▲ 23.3%
€37,003
▲ 22.3%
€24,799
▲ 10.2%
55.9%
▲ 0.2 percentage points
2.28
▲ 0.03
Money flows
of every €100 of turnover, €30.99 remains as profit in 2022Balance sheet
balance sheet total €232,807 on 31-12-2022What the company ownsHow it is paid for
in euro
in euro
Position in the sector
55.9%
Higher than 69% of 1,585 companies in 2022.
2.28
Higher than 70% of 1,566 companies in 2022.
10.7%
Higher than 56% of 1,568 companies in 2022.
ELECTRONIC DEVELOPMENT SECURITY
Middle half of the sector
80% of the sector
Full accounts in legal and accounting (NACE 69)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
232,807 | 189,139 | 145,393 | 89,345 | 32,274 | 24,734 | |
21/28 |
1,604 | 969 | 7 | - | - | - | |
22/27 |
1,604 | 969 | 7 | - | - | - | |
24 |
1,604 | 969 | 7 | - | - | - | |
29/58 |
231,203 | 188,171 | 145,386 | 89,345 | 32,274 | 24,734 | |
40/41 |
216,559 | 175,101 | 115,435 | 59,252 | 12,858 | 326 | |
40 |
26,440 | 28,635 | 26,136 | 18,716 | 295 | 326 | |
41 |
190,119 | 146,467 | 89,300 | 40,536 | 12,563 | - | |
54/58 |
14,644 | 13,069 | 14,901 | 15,064 | 4,416 | 14,697 | |
490/1 |
- | - | 15,049 | 15,029 | 15,000 | 9,711 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
232,807 | 189,139 | 145,393 | 89,345 | 32,274 | 24,734 | |
10/15 |
130,094 | 105,294 | 90,159 | 62,745 | 21,641 | 23,103 | |
10/11 |
23,000 | 23,000 | 23,000 | 23,000 | 23,000 | 23,000 | |
10 |
23,000 | 23,000 | 23,000 | 23,000 | 23,000 | - | |
100 |
23,000 | 23,000 | 23,000 | 23,000 | 23,000 | 23,000 | |
14 |
107,094 | 82,294 | 67,159 | 39,745 | -1,359 | 103 | |
17/49 |
102,713 | 83,845 | 55,234 | 26,600 | 10,633 | 1,631 | |
17 |
- | - | - | - | 10,024 | - | |
170/4 |
- | - | - | - | 10,024 | - | |
42/48 |
101,318 | 83,567 | 54,956 | 26,322 | 331 | 1,631 | |
43 |
2,645 | 4,874 | 5,183 | 4,543 | - | - | |
430/8 |
2,645 | 4,874 | 5,183 | 4,543 | - | - | |
44 |
6,230 | 948 | 3,023 | 718 | - | 853 | |
440/4 |
6,230 | 948 | 3,023 | 718 | - | 853 | |
45 |
91,842 | 77,745 | 46,749 | 21,061 | 331 | 777 | |
450/3 |
91,842 | 77,745 | 46,749 | 21,061 | 331 | 777 | |
47/48 |
601 | 1 | 1 | 1 | - | - | |
492/3 |
1,396 | 278 | 278 | 278 | 278 | - | |
| Income statement | |||||||
70 |
80,030 | 66,991 | 65,946 | 79,485 | 5,500 | 16,327 | |
9900 |
44,998 | 35,844 | 38,404 | 48,936 | -694 | 6,662 | |
60/61 |
35,031 | 31,146 | 27,542 | 30,549 | 6,194 | 9,664 | |
62 |
- | - | - | 250 | - | - | |
630 |
0 | 243 | 2 | - | - | - | |
640/8 |
7,995 | 5,600 | 3,603 | 2,350 | 359 | 4,653 | |
9901 |
37,003 | 30,001 | 34,799 | 46,336 | -1,052 | 2,010 | |
75/76B |
- | 6,407 | 5,872 | 3,265 | - | - | |
75 |
- | 6,407 | 5,872 | 3,265 | - | - | |
65/66B |
1,387 | 1,039 | 1,447 | 1,393 | 410 | 1,906 | |
65 |
1,387 | 1,039 | 1,447 | 1,393 | 410 | 1,906 | |
9903 |
35,616 | 35,369 | 39,224 | 48,207 | -1,462 | 103 | |
67/77 |
10,816 | 13,104 | 11,810 | 7,104 | - | - | |
9904 |
24,799 | 22,265 | 27,414 | 41,104 | -1,462 | 103 | |
689 |
- | 7,129 | - | - | - | - | |
9905 |
24,799 | 15,135 | 27,414 | 41,104 | -1,462 | 103 | |
| Appropriation of the result | |||||||
9906 |
107,094 | 82,294 | 67,159 | 39,745 | -1,359 | 103 | |
14P |
82,294 | 67,159 | 39,745 | -1,359 | 103 | - | |
691/2 |
- | 0 | - | - | - | - | |
6920 |
- | 0 | - | - | - | - | |
| Document | |||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2022 (PDF), filed on 10-05-2024.
Filings
each dot is a set of accounts, on the day it reached the National Bank2022 annual accounts filed 284 days after the deadline. Filed on 10 May 2024, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2024-00087519.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | full format | 10-05-2024 | 2024-00087519 | |
| 31-12-2021 | full format | 12-06-2024 | 2024-00122499 | |
| 31-12-2020 | full format | 17-06-2024 | 2024-00132206 | |
| 31-12-2019 | full format | 17-06-2024 | 2024-00132204 | |
| 31-12-2018 | full format | 10-05-2024 | 2024-00089429 | |
| 31-12-2017 | full format | 31-07-2018 | 2018-41800381 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| 37,003 | 30,244 | 34,801 | - | - | - | ||
| 24,799 | 22,507 | 27,416 | - | - | - | ||
| 635 | 1,205 | 8 | - | - | 11,257 | ||
| 1,575 | -1,832 | -163 | 10,648 | -10,281 | - | ||
| 129,886 | 104,603 | 90,430 | 63,023 | 31,943 | 23,103 | ||
| 46.2% | 44.8% | 52.8% | 58.3% | -19.1% | 12.3% | ||
| 55.9% | 55.7% | 62.0% | 70.2% | 67.1% | 93.4% | ||
| 2.28 | 2.25 | 2.65 | 3.39 | 97.39 | 15.17 | ||
| 0.79 | 0.80 | 0.61 | 0.42 | 0.49 | 0.07 | ||
| 19.1% | 21.1% | 30.4% | 65.5% | -6.8% | 0.4% | ||
| 10.7% | 11.8% | 18.9% | 46.0% | -4.5% | 0.4% | ||
| 26.67 | 29.10 | 24.04 | - | - | - | ||
| 121 days | 156 days | 145 days | 86 days | 20 days | 7 days | ||
| 65 days | 11 days | 40 days | 9 days | - | 32 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,205 | €8 | - | - |
| €0 | €243 | €2 | - | - |
Source: notes to the 2018 to 2022 annual accounts (statement of fixed assets)
Insights on ELECTRONIC DEVELOPMENT SECURITY
The operating result for 2022 is 23% higher than in 2021 and the highest since 2019. It is a recovery after the fall in 2021.
Debt's share of the balance-sheet total falls from 44.3% to 44.1%. Equity and debt are higher.
Board & ownership
Curator
the curator has managed the company since 10-10-2024Mandates through the years
1 name, the dashed line is todayCHARLOTTE RHEUTER
Manager
Manager
Earliermandate already running before its first mentionBankruptcy 10-10-2024
Mandates as a list
- CHARLOTTE RHEUTER
- Manager, until 14-10-2024
Control
100%
This company
ELECTRONIC DEVELOPMENT SECURITY
Equity €130,094
Profit €24,799 in 2022
Capital
- Capital
- €23,000
- Source
- 2022 annual accounts
Capital transactions
Shareholders according to the deeds
Share transfer
deed of 14-10-2024 ↗
- CHARLOTTE RHEUTER to PHILIPPE RHEUTER 30 shares
Network & group
No group
ELECTRONIC DEVELOPMENT SECURITY has no parent and no holdings in its annual accounts.
At the same address
27 other companies| INTEGRATED SOLUTIONS ENTERPRISE EUROPE
registered office since 16-09-2005 · founded in 2005 |
2.1 FTE (2025) 0875.180.421 |
| INTERPART IMPEX
registered office since 14-11-2014 · founded in 2014 · accounts filed late |
total assets €4.3m (2024) 0567.803.950 |
| HANALEI
establishment since 01-02-2001 · founded in 2000 |
3.7 FTE (2026) 0473.604.181 |
| HepaVue Dx
registered office since 23-06-2023 · founded in 2023 |
total assets €3.7m (2025) 0803.100.414 |
| LES AMIS DE LA GERIATRIE
establishment since 04-01-2021 · founded in 2021 · accounts filed late |
19 FTE (2023) 0760.780.304 |
| TRAVELSAFE
establishment since 04-08-2016 · founded in 2016 |
0.4 FTE (2025) 0660.700.256 |
| KEY CONTRACTING
establishment since 05-10-2021 · founded in 2021 |
total assets €664,208 (2025) 0768.249.896 |
| PROPRISM
establishment since 09-06-2015 · founded in 2015 |
2.7 FTE (2025) 0631.864.433 |
| RESO PARTNER
registered office since 20-04-2016 · founded in 2016 |
total assets €471,552 (2025) 0652.695.380 |
| ENERGIEBEL
registered office since 01-06-1990 · founded in 1990 · accounts filed late |
total assets €429,898 (2024) 0441.893.101 |
Connections & network
See the function holders in the KBO register.
Timeline
Timeline
18 events since 2017Board
Capital
Filings
Financial
Establishments
Insolvency
Address
20182020202220242026
2026
3 companies at this address later STACK VET CORPORATION, MB COOPER & PARTNERS and BeOne · since 2025
Address struck effective 10-05-2026
2024
Bankruptcy published Enterprise Court of Walloon Brabant · judgment of 10-10-2024
Transfer of 30 shares from CHARLOTTE RHEUTER to PHILIPPE RHEUTERResignation: CHARLOTTE RHEUTER (manager) · Director discharge: CHARLOTTE RHEUTER (manager) · General meeting of 30 12 20214 points ▸
- Director discharge, CHARLOTTE RHEUTER (manager)
- Share transfer, CHARLOTTE RHEUTER → PHILIPPE RHEUTER, 30 shares
- General meeting, 30 12 2021
- Director resignation, CHARLOTTE RHEUTER (manager)
- The deed holds 1 more point.
Strikeout withdrawn effective 17-06-2024
Annual accounts 2019 filed PDFfull format · 1417 days late
Annual accounts 2020 filed PDFfull format · 1052 days late
Annual accounts 2021 filed PDFfull format · 682 days late
Annual accounts 2018 filed PDFfull format · 1745 days late
Annual accounts 2022 filed PDFfull format · 284 days late
2023
Registered office moved within WaterlooNew registered office: Drève Richelle, 161Mn boîte 57 B 321, 1410 Waterloo · Previous registered office: avenue de Diane 5, boîte 3, 1410 Waterloo1 point ▸
- Registered-office move, Drève Richelle, 161Mn boîte 57 B 321, 1410 Waterloo
- The deed holds 1 more point.
2021
Equity above €100,000 equity €105,294 ▲16.8% After 3 profitable years in a row, equity reaches €105,294.
2019
Back to profit net €41,104 The net result is €41,104, after one loss-making year.
First establishment Avenue de Diane 3, Waterloo
2018
Weakest financial year net -€1,462 The net result drops to -€1,462, the lowest from 2017 to 2022.
Liquidity more than 6 times current ratio 97.39 The current ratio rises from 15.17 to 97.39. Short-term debt falls from €1,631 to €331.
Annual accounts 2017 filed PDFfull format · on the deadline day
2017
Incorporation PDF6 publications in the Belgian Official Gazette, the last on 14-10-2024 · published on 18-01-2017
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0669.631.580
- VAT number
- BE 0669.631.580
- Legal form
- Private limited company (pre-2019)
- Status
- In bankruptcy, since 10-10-2024
- Founded
- 16-01-2017
- Financial year
- ends on 31 December
- Peppol
- Not found in the Peppol Directory
- Name
- ELECTRONIC DEVELOPMENT SECURITY in French
- Abbreviation
- E.D.S. in French
- Entity type
- Legal entity
Activities
NACEBEL 202569109
Other legal services main activity
Codes under NACEBEL 2008
69109
Other legal services main activity
70220
Business consulting
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Avenue de Diane 3 1410 Waterloo | 30-06-2019 | 2.292.124.054 |
Buildings and parcels at the addresses
- Ground area
- 6,366 m²
- Buildings
- 1,169 m²
- Volume, LiDAR
- 16,365 m³
- Tallest building
- 18.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25763M0600/00R000 | 4,633 m² | 1 · 788 m² | 18.1 m · 5 |
| 25762H0345/00C000 | 1,733 m² | 1 · 381 m² | 13.1 m · 3 |