AB-TRANS
InactiveAB-TRANS was declared bankrupt on 20-02-2023 (Tribunal de l’entreprise du Hainaut, division Mons); the bankruptcy was closed for insufficient assets by judgment of 18-11-2024, published in the Belgian State Gazette on 22-11-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 03-03-2022, 215 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
215 d late
2019
115 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 165 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Equity
-€63,715
2019 · €29,077
Total assets
€215,302▼ 10.6%
2019 · €240,844
Net result
-€92,792▼ 804%
2019 · -€10,263
Working capital
-€90,525▼ 164%
2019 · -€34,267
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€38,838--€2,144-€28,126▼ 1,212%
Net result€35,014--€10,263-€92,792▼ 804%
Equity€39,340-€29,077▼ 26.1%-€63,715
Total assets€199,412-€240,844▲ 20.8%€215,302▼ 10.6%
Debt€160,071-€211,767▲ 32.3%€279,017▲ 31.8%
Working capital€5,618--€34,267-€90,525▼ 164%
Staff (FTE)1.90.3▼ 84.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €28,126 in 2020 against €2,144 in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €215,302
Fixed assets
€101,672 ▼ 31.7%
Current assets
€113,630 ▲ 23.6%
Key figures and ratios
EBITDA
€4,420▼
2019 · €33,031
Cash flow
-€60,247▼
2019 · €24,911
Solvency
-29.6%▼
2019 · 12.1%
Current ratio
0.56▼
2019 · 0.73
Quick ratio
0.51▼
2019 · 0.65
Debt to equity
-1.16▼
2019 · 2.94
ROA
-43.1%▼
2019 · -4.3%
Debt ≤ 1 year
€204,155▲
2019 · €126,194
Debt > 1 year
€73,766▼
2019 · €85,573
Income taxes
€207▲
2019 · €42
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,533 | €35,174 | €32,546 | ▼ 7.5% |
| Gross operating margin9900 | €68,607 | €74,108 | €42,645 | ▼ 42.5% |
| Operating profit (loss)9901 | €38,838 | -€2,144 | -€28,126 | ▼ 1,212% |
| Recurring financial income75 | €2 | €187 | - | - |
| Recurring financial charges65 | €3,825 | €8,264 | €11,114 | ▲ 34.5% |
| Profit (loss) for the period before taxes9903 | €35,014 | -€10,221 | -€92,586 | ▼ 806% |
| Income taxes67/77 | - | €42 | €207 | ▲ 388% |
| Profit (loss) for the period9904 | €35,014 | -€10,263 | -€92,792 | ▼ 804% |
| Profit (loss) for the period to be appropriated9905 | €35,014 | -€10,263 | -€92,792 | ▼ 804% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €199,412 | €240,844 | €215,302 | ▼ 10.6% |
| Fixed assets21/28 | €83,647 | €148,918 | €101,672 | ▼ 31.7% |
| Tangible fixed assets22/27 | €83,557 | €145,486 | €98,240 | ▼ 32.5% |
| Financial fixed assets28 | €90 | €3,432 | €3,432 | = |
| Current assets29/58 | €115,765 | €91,926 | €113,630 | ▲ 23.6% |
| Stocks and contracts in progress3 | €2,867 | €10,123 | €10,073 | ▼ 0.5% |
| Amounts receivable within one year40/41 | €103,225 | €75,300 | €101,783 | ▲ 35.2% |
| Cash at bank and in hand54/58 | €7,741 | €4,337 | €6 | ▼ 99.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €199,412 | €240,844 | €215,302 | ▼ 10.6% |
| Equity10/15 | €39,340 | €29,077 | -€63,715 | ▼ 319% |
| Contributions10/11 | €63,000 | €63,000 | €63,000 | = |
| Profit (loss) carried forward14 | -€23,660 | -€33,923 | -€126,715 | ▼ 274% |
| Amounts payable17/49 | €160,071 | €211,767 | €279,017 | ▲ 31.8% |
| Amounts payable after more than one year17 | €49,906 | €85,573 | €73,766 | ▼ 13.8% |
| Amounts payable within one year42/48 | €110,147 | €126,194 | €204,155 | ▲ 61.8% |
| Trade debts44 | €77,360 | €79,549 | €156,295 | ▲ 96.5% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,014 | -€10,263 | -€92,792 | ▼ 804% |
| + Depreciation and write-downs630 | €25,533 | €35,174 | €32,546 | ▼ 7.5% |
| Operating cash flow (approximation) | €60,548 | €24,911 | -€60,247 | ▼ 342% |
| Investment in fixed assets (approximation) | - | -€100,446 | €14,700 | ▲ 115% |
| Change in cash | - | -€3,403 | -€4,331 | ▼ 27.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
22-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Hainaut, division Mons · event 18-11-2024
2023
24-02
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Mons · event 20-02-2023
2022
03-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 215 days late
2020
31-12
Financial
Weakest financial yearnet -€92,792
Net result drops to -€92,792, the lowest in the series.
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 115 days late
2019
06-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 37 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 122 days late
2016
19-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 50 days late
2015
28-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 59 days late
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 28 days late
2013
13-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 13 days late
2012
23-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 23 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANNE DETRAIT RUE OMER LEFEVRE 36, 7100 LA
LOUVIERE- .
Date provisoire de cessation de paiement : 20/02/2023 |
20-02-2023 → 18-11-2024 |