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ALBAYRAK TRANS

Open bankruptcy
KBO/BCE: BE 0878.037.169

Inactive; last annual accounts for financial year 2019.

Summary

A bankruptcy procedure is open for ALBAYRAK TRANS according to publications in the Belgian Official Gazette.

ALBAYRAK TRANSOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Antwerp, Tongeren division
Declared bankrupt
7 December 2021
Supervising judge
Willem Corstjens
Official Gazette
14-12-2021 (pdf) ↗search the document for 2021/143670

Deadlines

Provisional date payments stopped
7 December 2021A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 29 December 2021Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 6 January 2022art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 18 January 2022Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 7 December 2022A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustees

On 5 April 2022 the court published a change of trustee. Who runs the file now is in that publication (reference 2022/113272) and in RegSol.That day's Gazette (pdf) ↗

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

Overview

Activity
Activity not known
Size
€193,651total assets 2019
Equity
€123,948
Profit
€82,046
Turnover not published (abbreviated or micro format)
Financial health
Open bankruptcy: no score
Structure
0 of 4 deeds read
Signalsraises riskOpen bankruptcyneutralNo filing for yearsFiled after the deadlineShow the evidence

Signals

Three signals.
raises riskneutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee.
Belgian Official Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2020 year end31-07-2021 deadline23-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 26-08-2020, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2020
not filed
2019
26 days late
2018
49 days late
2017
139 days late
2016
16 days late
2015
30 days late
2014
104 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 61 days after the deadline; the Belgian median for financial year 2020 is 1 day before the deadline, and 46% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Change of trusteeEnterprise Court of Antwerp, Tongeren…
  2. OpeningEnterprise Court of Antwerp, Tongeren…
  3. Annual accounts filedfinancial year 2019 · micro…

Key points

  • Risk: Declared bankrupttrustee: Andre Gerkens 07-12-2021 View
  • Positive: Result rose in 2019from €19,773 to €82,046 ▲ 315% View
  • Total assets 20192 financial years filed €193,651 View

By topic

Financials

Financial year
2019
Total assets
€193,651
Profit
€82,046
Solvency
64.0%
Total assets▲ 68.0%
Net result
20182019
Go to Financials

Timeline

Events
17
Since
2007
  1. 31-12-2019Equity above €100,000
  2. 18-09-2019Annual accounts filed
  3. 17-12-2018Annual accounts filed
Go to Timeline

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