Bitter bankruptcy of a very well-known management consultant

“Especially with Fast Moving Consumer Goods (FMCG) Over the years we have built up comprehensive know-how and an excellent network, which we pass on to our customers and clients in the form of advice and implementation. The range of our activities extends from company and business development to outsourced key accounting,” says the company website. “We are partners in: analysis and evaluation of sales markets, market development and business initiation, brand and product development, marketing and communication and key accounting & sales. Behind the success of our customers and clients is the team of specialists at Accedo with extensive experience, high levels of attention and 100% commitment.”

We are talking about the Accedo Austria GmbH Christoph Edelmann, based in Neusiedl am See. According to Credit Reform filed for bankruptcy at the Regional Court of Eisenstadt.

The causes of insolvency

The reason for the insolvency is “the loss of the most important customers Metro, Spar and Billa in the last and current financial years. Compensatory measures such as setting up an e-commerce shop have also not produced any positive results.”

“The general reason is the difficult economic situation, the high inflation, which affects purchasing prices and consumer behavior, as well as the sharp decline in purchasing power,” the company informed the court. “From a commercial point of view, it is not possible to continue the company in a liquid manner.” At the same time, the closure of the company is being applied for.

Debts and assets

The debts are estimated at 40,000 euros, which are said to be bank debts. In the 2023 financial year, the balance sheet loss was 47,900 euros. The assets consist of office equipment and packaging material (22,000 euros) and a cash balance of 5,381.80 euros.