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GADEX

Active Public limited companyfounded 1999active for 26 yearsProvinciebaan 51, 8880 LedegemKBO/BCE: BE 0468.063.404 subsidiary of BRAZZ SAUVAGE

Timeline

46 events since 1999
2026
Bankruptcy reversal Enterprise Court of Ghent, Kortrijk division · judgment of 30-06-2026
Bankruptcy published Enterprise Court of Ghent, Kortrijk division · judgment of 05-05-2026
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0468063404
2024
Merger proposal: to be absorbed by BRAZZ SAUVAGEBRAZZ SAUVAGE holds all the shares7 points ▸
  • BRAZZ SAUVAGE holds all the shares
  • Incorporation, 07-12-1999
  • Capital, €62,000, 2,480 shares
  • Board composition, Eyckmans Barbara (director), mentioned twice in the deed
  • Incorporation, 12-01-2010
  • Capital, €62,000, 1,000 shares
  • Accounting effect, 01-01-2024
  • The deed holds 13 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFabbreviated format · on the deadline day
2023
Annual accounts 2022 filed PDFabbreviated format · 22 days late
Registered office moved from Antwerp to LedegemNew registered office: Provinciebaan 51, 8880 Ledegem · Previous registered office: Lange Lozanastraat 142, 2018 Antwerpen · Board meeting of 30-01-20232 points ▸
  • Board meeting, 30-01-2023
  • Registered-office move, Provinciebaan 51, 8880 Ledegem

Open the deed in the Belgian Official Gazette

2022
Liquidity more than doubled current ratio 9.66 The current ratio rises from 3.39 to 9.66. Short-term debt falls from €929,312 to €296,001.
Annual accounts 2021 filed PDFmicro format · 31 days late
2021
Annual accounts 2020 filed PDFmicro format · 58 days late
2020
Annual accounts 2019 filed PDFmicro format · 28 days before the deadline
Resignation: Brazz Sauvage (director)Permanent representative: Barbara Eyckmans · Director discharge: Brazz Sauvage · General meeting of 16-03-20205 points ▸

Open the deed in the Belgian Official Gazette

2019
Registered office moved within AntwerpNew registered office: Lange Lozanastraat 142, 2018 Antwerpen · Previous registered office: Bosmanslei 34, 2018 Antwerpen · Board meeting of 01-08-20192 points ▸
  • Board meeting, 01-08-2019
  • Registered-office move, Lange Lozanastraat 142, 2018 Antwerpen

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFmicro format · 29 days late
2 directors appointed, 2 resignationsResignations: Ramesh Dusoruth (managing director) and Brazz N.V. (managing director) · Permanent representatives: Ramesh Dusoruth and Barbara Eyckmans · Appointments: Barbara Eyckmans (managing director) and BRAZZ SAUVAGE NV · General meeting of 05-11-201811 points ▸

Open the deed in the Belgian Official Gazette

2018
Back to profit net €15,727 The net result is €15,727, after 4 loss-making years.
Liquidity more than 134 times current ratio 6808.87 The current ratio rises from 50.68 to 6808.87. Short-term debt falls from €3,823 to €38.
Annual accounts 2017 filed PDFmicro format · 31 days late
2017
Annual accounts 2016 filed PDFabbreviated format · 31 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 20 days before the deadline
2015
Liquidity more than doubled current ratio 355.57 The current ratio rises from 144.37 to 355.57. Short-term debt falls from €6,121 to €2,420.
Annual accounts 2014 filed PDFabbreviated format · 7 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 27 days before the deadline
2013
Back to profit net €16,401 The net result is €16,401, after one loss-making year.
Annual accounts 2012 filed PDFabbreviated format · on the deadline day
2012
Liquidity more than 562 times current ratio 991.60 The current ratio rises from 1.76 to 991.60. Short-term debt falls from €29,478 to €1,081.
Annual accounts 2011 filed PDFabbreviated format · on the deadline day
2011
Annual accounts 2010 filed PDFabbreviated format · 3 days late
2010
Back to profit net €177,841 The net result is €177,841, after one loss-making year.
Annual accounts 2009 filed PDFabbreviated format · 9 days late
2009
Weakest financial year net -€110,734 The net result drops to -€110,734, the lowest from 2006 to 2023. It recovers the following year.
Annual accounts 2008 filed PDFabbreviated format · 1 day before the deadline
2008
Highest result from 2006 to 2023 net €2.0m ▲12,468% The net result of €2.0m is the highest of those years.
Liquidity more than 6 times current ratio 9.20 The current ratio rises from 1.33 to 9.20. Short-term debt falls from €487,760 to €263,413.
Equity above €2m equity €2.7m ▲307% After 2 profitable years in a row, equity reaches €2.7m.
Annual accounts 2007 filed PDFabbreviated format · 92 days late
2007
Back to profit net €16,110 The net result is €16,110, after one loss-making year.
Annual accounts 2006 filed PDFabbreviated format · 59 days late
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
First establishment Provinciebaan 51, Ledegem
1999
Incorporation published on 17-12-1999

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

GADEX was incorporated on 8 December 1999.1 The registered office moved to Antwerp in 2019 and to Ledegem in 2023.23 Total assets went from €2.7m in 2018 to €2.9m in 2023.4 On 5 May 2026 the company was declared bankrupt.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 10-10-2019
  3. 3Belgian Official Gazette, 27-02-2023
  4. 4National Bank, annual accounts 2018 and 2023
  5. 5Belgian Official Gazette, 28-05-2026

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