OPENING OF BANKRUPTCY

EDM WORK

Financial year 2024 · closed on 31/12/2024
Net result
80,9 k €
+371.7% YoY
Gross margin
108,5 k €
-27.3% YoY
Equity
312,9 k €
+34.9% YoY
Workforce
0,0 ETP

Company — Opening of bankruptcy.

What does EDM WORK do?

EDM WORK is a Private limited company incorporated in 2019. Its main activity is: Activities of employment placement agencies. Its registered office is in Deinze.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0724.500.522
Incorporation
03/04/2019
Legal form
Private limited company
Registered office
Houtstraat 4
9800 Deinze · FlandreSee on map
Contributed capital
100,00 €
Latest accounts
31/12/2024
Average workforce
0,0 ETP
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20242023202220212020
Income statement
Gross margin108,5 k €149,3 k €798,9 k €428,3 k €47,4 k €
EBITDA106,4 k €60,7 k €262,6 k €19,7 k €26,1 k €
Operating result105,8 k €58,7 k €256,8 k €13 k €16,5 k €
Net result80,9 k €17,2 k €194,4 k €7,1 k €13,2 k €
Balance sheet
Equity312,9 k €232 k €214,8 k €20,5 k €13,3 k €
Total assets611,5 k €607,3 k €530,2 k €357,1 k €37,5 k €
Cash764,7 €13,8 k €531 €19 k €2 k €
Debts298,5 k €375,3 k €315,4 k €336,7 k €24,2 k €
Other
Workforce0,0 ETP0,0 ETP11,4 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 1 ended

Active mandates

Esat Mustafov

Director

Active

Ended mandates

ESAT MUSTAFOV

Manager

Ended
Annual accounts

Full financial information

20242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202401/10/202201/10/202101/10/202003/04/2019
Closing of the financial year31/12/202431/12/202330/09/202230/09/202130/09/2020
Length of the financial year12 months15 months12 months12 months18 months
Filing date29/08/202525/10/202421/06/202322/12/202222/12/2022
General meeting07/06/202501/06/202404/03/202305/03/202206/03/2021
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202407/06/202529/08/2025DutchPDF
Abridged model31/12/202301/06/202425/10/2024DutchPDF
Abridged model30/09/202204/03/202321/06/2023DutchPDF
Micro model30/09/202105/03/202222/12/2022DutchPDF
Micro model30/09/202006/03/202122/12/2022DutchPDF
Estimate

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.

Discover the Business plan
Disclaimer

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

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 1 ended

Active mandates

Esat Mustafov

Director

Active

Ended mandates

ESAT MUSTAFOV

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office13/09/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates30/09/2021
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/09/2020
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/10/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other05/04/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 202480,9 k €
  2. 2023
    Annual accounts 202317,2 k €
  3. 2022
    Annual accounts 2022194,4 k €
  4. 2021
    Annual accounts 20217,1 k €
  5. 2020
    Annual accounts 202013,2 k €
  6. 03/04/2019
    IncorporationPrivate limited company