OPENING OF BANKRUPTCY

EDA BE General Electricity

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Company — Opening of bankruptcy.

Financial year 2022 · Closed on 31/12/2022

Net result19,2 k €-93,8 %over 1 year
Revenue11,8 M €-8,9 %over 1 year
Equity854,1 k €+2,3 %over 1 year
Workforce48,4 ETP-1,4 %over 1 year

Identity

Source · BCE/KBO

EDA BE General Electricity is a Private limited company incorporated in 2017. Its main activity is: Electrical installation. Its registered office is in Aalter. It employs on average 48,4 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0679.460.254
Incorporation
01/08/2017
Legal form
Private limited company
Registered office
Groendreef 83
9880 Aalter · FlandreSee on map
Contributed capital
12 700,00 €
Latest accounts
31/12/2022
Average workforce
48,4 ETP
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20222021202020192018
Income statement
Revenue11,8 M €13 M €–––
EBITDA184,2 k €595,3 k €451 k €362,6 k €254 k €
Operating result90,3 k €515,8 k €385,8 k €210,1 k €242,6 k €
Net result19,2 k €311,8 k €249,8 k €114,2 k €146,3 k €
Balance sheet
Equity854,1 k €834,9 k €523,1 k €273,2 k €159 k €
Total assets5,1 M €4,2 M €3,4 M €2,4 M €845,1 k €
Cash–308,3 k €704,4 k €32 k €140,2 k €
Debts4,2 M €3,4 M €2,9 M €2,1 M €686,1 k €
Other
Workforce48,4 ETP49,1 ETP49,0 ETP35,7 ETP12,7 ETP

Board of directors

Source · NBB, accounts to 31/12/2022

3 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Rise Management0692.556.046Represented by Ruben Schellinck
Directorsince 14/04/2021
PSMG0677.704.851Represented by Pascal Aelbrecht
Directorsince 27/07/2017bestuurder27/07/2017 → 2021 accountsendedManager27/07/2017 → 2019 accountsended
RYFK General Electricity0677.676.543Represented by Kerim Dogan
Directorsince 27/07/2017bestuurder27/07/2017 → 2021 accountsendedManager27/07/2017 → 2019 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ruben Schellinck
Director27/07/2017 → 2020 accountsManager27/07/2017 → 2019 accounts

Full financial information

Source · NBB
20222021202020192018
Type of accountFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/08/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months17 months
Filing date29/06/202303/11/202230/09/202111/08/202027/08/2019
General meeting16/06/202317/06/202218/06/202119/06/202021/06/2019
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202216/06/202329/06/2023DutchPDF
Full model31/12/202117/06/202203/11/2022DutchPDF
Abridged model31/12/202018/06/202130/09/2021DutchPDF
Abridged model31/12/201919/06/202011/08/2020DutchPDF
Abridged model31/12/201821/06/201927/08/2019DutchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2022

3 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Rise Management0692.556.046Represented by Ruben Schellinck
Directorsince 14/04/2021
PSMG0677.704.851Represented by Pascal Aelbrecht
Directorsince 27/07/2017bestuurder27/07/2017 → 2021 accountsendedManager27/07/2017 → 2019 accountsended
RYFK General Electricity0677.676.543Represented by Kerim Dogan
Directorsince 27/07/2017bestuurder27/07/2017 → 2021 accountsendedManager27/07/2017 → 2019 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ruben Schellinck
Director27/07/2017 → 2020 accountsManager27/07/2017 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/04/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other03/08/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings5 filings
Mandates
Rise Management
RYFK General Electricity
PSMG
Ruben Schellinck
2017201820192020202120222023202420252026
EDA BE General Electricity
Groendreef 83, 9880 Aalter
Director
DirectorbestuurderManager
DirectorbestuurderManager
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Groendreef 83, 9880 AalterCurrent
accounts 2021 → 2022
Accounts 2022 · 2023-00191165

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
EDA BE General ElectricityCurrent
accounts 2018 → 2022
Accounts 2022 · 2023-00191165

Events

  1. 2022
    Annual accounts 202219,2 k €↓
  2. 2021
    Annual accounts 2021311,8 k €↑
  3. 2020
    Annual accounts 2020249,8 k €↑
  4. 2019
    Annual accounts 2019114,2 k €↓
  5. 2018
    Annual accounts 2018146,3 k €
  6. 01/08/2017
    IncorporationPrivate limited company