ELECTRONIC SYSTEMS DESIGN
A bankruptcy procedure is open for ELECTRONIC SYSTEMS DESIGN according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €171k and a net result of €-114k.
| Equity | €171k |
| Net result | €-114k |
| Better than sector | 95% |
| Active | 21 yrs |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 98.7% | 42.2% | |
| Net result | €-114k | €29k | |
| Equity | €171k | €166k | |
| Gross operating margin | €-31k | €45k | |
| Total assets | €173k | €799k |
| Fiscal year | 2022 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €-84k |
| Net profit | €-114k |
| Cash flow | €-83k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €173k |
| Equity | €171k |
| Debt | €2k |
| of which ≤ 1y | €2k |
| of which > 1y | - |
| Working capital | €135k |
| Employees (FTE) | - |
| 2022 | |
|---|---|
| Current ratio | 73.85 |
| Quick ratio | 73.85 |
| Working capital ratio | 78.0% |
| Solvency | 98.7% |
| Debt / equity | 0.01 |
| Long-term debt ratio | - |
| Interest coverage | -56.80 |
| Gross margin | - |
| Net margin | - |
| ROA | -65.8% |
| ROE | -66.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €173k |
| Fixed assets | 21/28 | €36k |
| Intangible fixed assets | 21 | €29k |
| Tangible fixed assets | 22/27 | €7k |
| Financial fixed assets | 28 | €260 |
| Current assets | 29/58 | €137k |
| Amounts receivable within one year | 40/41 | €69k |
| Cash & bank | 54/58 | €68k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €173k |
| Equity | 10/15 | €171k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €39k |
| Accumulated profits (losses) | 14 | €126k |
| Amounts payable | 17/49 | €2k |
| Amounts payable within one year | 42/48 | €2k |
| Trade debts payable within one year | 44 | €799 |
| Income statement | ||
| Gross operating margin | 9900 | €-31k |
| Operating result | 9901 | €-115k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-114k |
| Net result for the period | 9904 | €-114k |
| Result to be appropriated | 9905 | €-114k |
-
DECAT AlainDirector (executive)State Gazette act 23066720 (22-05-2023)Current22-05-2023 → present
-
VAN NIJVERSEEL FilipDirector (executive)State Gazette act 23066720 (22-05-2023)Current22-05-2023 → present
Former directors (1)
-
David BALDWINDirector (executive)State Gazette act 23066720 (22-05-2023)Former- → 04-04-2023
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | JORIS J. DE SMET WINSTON CHURCHILLLAAN 118B,
1180 BRUSSEL 18 |
19-09-2023 → present | Belgian State Gazette |
| Curator | ANTHONY HOUTHOOFD ERNEST ALLARDSTRAAT 45, 1000 BRUSSEL 1- a.houthoofd@dnh-
legal.be |
19-09-2023 → present | Belgian State Gazette |
| NACE primary | Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 03-06-2005 |
| Status | Active |
| Postal code | 1040 |
| First BS signal | 09-10-2023 |
| Latest BS signal | 09-10-2023 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25111A0596/00L002 | Wallonia | 5,300 m² | 1 · 2,666 m² | 6.8 m · 2 fl. |
| 21363B0348/00A002 | Brussels | 3,170 m² | 1 · 2,221 m² | 12.0 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
22-05-2023 2 directors appointed, 1 resigning
- DECAT Alain, Directeur
- VAN NIJVERSEEL Filip, Directeur
- David BALDWIN, Directeur
Technical details
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}10-02-2023 Change in the board of directors
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | ELECTRONIC SYSTEMS DESIGN |