Bankrupt · Opening faillissement (CBE)

EDM WORK

BE0724500522

Rechtspersoon Private limited company 1 establishment

EDM WORK is a recruitment agency in Deinze. Private Limited, started on 3 April 2019, 1 establishment.

Houtstraat 4, 9800 Deinze

Behind the company: Esat Mustafov.

Start date

3 April 2019

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 16 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

EDM WORK from Deinze, company number BE0724500522, closed financial year 2024 with a result of € 80,937 after tax. For that financial year EDM WORK recorded a gross margin of € 108,503 and equity of € 312,940. Compared with financial year 2023, the result moved from € 17,158 to € 80,937. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.

What it is worth Growing

€ 312,940

▲ 35% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 80,937

▲ € 63,779 vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 765

▼ 94% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 312,840.

People and assets in 2024

Full-time equivalents

0

Average over the fiscal year, from the social balance sheet.

Vehicles and equipment

€ 801

▼ 73% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Taxes

€ 152,332

▲ 6% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 428,314 € 798,853 € 149,273 € 108,503 ▼ 27%
Profit after taxes € 7,142 € 194,393 € 17,158 € 80,937 ▲ € 63,779
Equity € 20,451 € 214,844 € 232,002 € 312,940 ▲ 35%
Total debts € 336,669 € 315,395 € 375,315 € 298,514 ▼ 20%
Cash € 19,047 € 531 € 13,811 € 765 ▼ 94%
Retained profit € 20,351 € 214,744 € 231,902 € 312,840 ▲ 35%
Balance sheet total € 357,120 € 530,239 € 607,317 € 611,453 ▲ 1%
Employees (FTE) - 11.4 0 0

Key figures of EDM WORK, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to EDM WORK?

What happened at EDM WORK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

EDM WORK is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: profit of € 80,937 (▲ € 63,779 vs 2023). filed late Source: NBB ↗
  • New establishment in Deinze. KBO
  • Start of the company according to the CBE. KBO

In short

From € 7,142 profit in 2021 to € 80,937 profit in 2024.

Paid € 143,252 in corporate taxes since 2021.

Best year ever: 2022, with € 194,393 profit.

On average € 70,100 of value added per employee in 2022.

Management

Esat Mustafov 100%
EDM WORK

Behind EDM WORK is Esat Mustafov. The shares are held by Esat Mustafov (100%). It owns Go Dynamic itself.

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Directors

According to the 2024 annual accounts

Esat Mustafov

Director

Owns 100% directly

Shareholders

Esat Mustafov · director

100%

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Houtstraat 4

9800 Deinze

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0724.500.522
VAT number
BE 0724.500.522
Registered office
Houtstraat 4, 9800 Deinze
Names & denominations
EDM WORK
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
3 April 2019
Peppol
Active · Active since 28 Jul 2024
Activities · NACE

Arbeidsbemiddeling

Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening

Overige zakelijke dienstverlening, neg

Andere vormen van arbeidsbemiddeling

Frequently asked questions

What does EDM WORK do?
EDM WORK is a recruitment agency in Deinze. Private Limited, started on 3 April 2019, 1 establishment.
What is the address of EDM WORK?
The registered office of EDM WORK is located at Houtstraat 4, 9800 Deinze.
Is EDM WORK still active?
No. The CBE lists EDM WORK with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is EDM WORK registered on Peppol?
Yes, EDM WORK is registered on the Peppol network with ID 0208:0724500522.
What is the enterprise number of EDM WORK?
The enterprise number of EDM WORK is BE0724500522.
When was EDM WORK founded?
EDM WORK was founded on 3 April 2019.