AMARTRANS
Open bankruptcyA bankruptcy procedure is open for AMARTRANS according to publications in the Belgian State Gazette; curator: GUNTHER PEETERS.
Summary
The 2024 annual accounts show equity of €74k and a net result of €23k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
63 d early
2022
116 d late
2021
82 d late
2020
97 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€1.03M▲ 52.0%
2023 · €680k
2020: €158klowest value
2021: €279k▲ +77.1% vs 2020
2023: €680k
2024: €1.03M▲ +52.0% vs 2023highest value
2020 → 2024
EBIT margin
2.6%▼ 0.6pp
2023 · 3.2%
2020: 24.6%highest value
2021: -2.8%▼ -111% vs 2020lowest value
2023: 3.2%
2024: 2.6%▼ -18.8% vs 2023
2020 → 2024
Net result
€23k▲ 112%
2023 · €11k
2020: €30khighest in 5 years
2021: €-9k▼ -131% vs 2020lowest in 5 years
2022: €15k▲ +264% vs 2021
2023: €11k▼ -27.9% vs 2022
2024: €23k▲ +112% vs 2023
2020 → 2024
Working capital
€54k▲ 107%
2023 · €26k
2020: €6k
2021: €-23k▼ -488% vs 2020lowest in 5 years
2022: €10k▲ +143% vs 2021
2023: €26k▲ +170% vs 2022
2024: €54k▲ +107% vs 2023highest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€158k-€279k▲ 77.1%€680k€1.03M▲ 52.0%
2020: €158klowest value
2021: €279k▲ +77.1% vs 2020
2023: €680k
2024: €1.03M▲ +52.0% vs 2023highest value
Equity€34k-€25k▼ 27.2%€40k▲ 61.5%€51k▲ 27.5%€74k▲ 45.6%
2020: €34k
2021: €25k▼ -27.2% vs 2020lowest in 5 years
2022: €40k▲ +61.5% vs 2021
2023: €51k▲ +27.5% vs 2022
2024: €74k▲ +45.6% vs 2023highest in 5 years
Operating result€39k-€-8k€19k€21k▲ 14.5%€26k▲ 23.4%
2020: €39khighest in 5 years
2021: €-8k▼ -120% vs 2020lowest in 5 years
2022: €19k▲ +337% vs 2021
2023: €21k▲ +14.5% vs 2022
2024: €26k▲ +23.4% vs 2023
Net result€30k-€-9k€15k€11k▼ 27.9%€23k▲ 112%
2020: €30khighest in 5 years
2021: €-9k▼ -131% vs 2020lowest in 5 years
2022: €15k▲ +264% vs 2021
2023: €11k▼ -27.9% vs 2022
2024: €23k▲ +112% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 23% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €249k
Fixed assets
€20k ▼ 28.9%
Current assets
€229k ▲ 47.7%
Equity and liabilities €249k
Equity
€74k ▲ 45.6%
Debt
€175k ▲ 32.1%
Debt's share of the balance-sheet total falls from 72.2% to 70.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€35k▼
2023 · €36k
Cash flow
€31k▲
2023 · €25k
Current ratio
1.31▲
2023 · 1.20
Debt to equity
2.36▼
2023 · 2.60
ROE
31.3%▲
2023 · 21.5%
ROA
9.3%▲
2023 · 6.0%
Interest coverage
14.59▼
2023 · 18.36
Debt ≤ 1 year
€175k▲
2023 · €129k
Income taxes
€792▼
2023 · €9k
Staff costs
€127k▲
2023 · €69k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€183k€249k▲
Fixed assets21/28€28k€20k▼
Tangible fixed assets22/27€14k€6k▼
Furniture and vehicles24€14k€6k▼
Financial fixed assets28€15k€15k=
Current assets29/58€155k€229k▲
Amounts receivable within one year40/41€97k€209k▲
Trade receivables40€85k€189k▲
Other amounts receivable41€12k€20k▲
Cash at bank and in hand54/58€58k€20k▼
Deferred charges and accrued income490/1€701€85▼
Equity and liabilities
Total equity and liabilities10/49€183k€249k▲
Equity10/15€51k€74k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€47k€70k▲
Amounts payable17/49€132k€175k▲
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€129k€175k▲
Current portion of amounts payable after more than one year42€9k€4k▼
Trade debts44€72k€111k▲
Suppliers440/4€72k€111k▲
Taxes, remuneration and social security45€48k€55k▲
Taxes450/3€41k€37k▼
Remuneration and social security454/9€7k€18k▲
Other amounts payable47/48€294€6k▲
Income statement
Code20232024
Turnover70€680k€1.03M▲
Non-recurring operating income76A-€1k
Goods, raw materials, services and sundry goods60/61€579k€860k▲
Remuneration, social security and pensions62€69k€127k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€8k▼
Other operating charges640/8€11k€16k▲
Gross operating margin9900€115k€178k▲
Operating profit (loss)9901€21k€26k▲
Financial income75/76B€28-
Recurring financial income75€28-
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€20k€24k▲
Income taxes67/77€9k€792▼
Profit (loss) for the period9904€11k€23k▲
Profit (loss) for the period to be appropriated9905€11k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€47k€70k▲
Profit (loss) brought forward from the previous period14P€36k€47k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €158k | €279k | - | €680k | €1.03M | ▲ 52.0% |
| Non-recurring operating income76A | - | - | - | - | €1k | - |
| Goods, raw materials, services and sundry goods60/61 | - | €247k | - | €579k | €860k | ▲ 48.5% |
| Remuneration, social security and pensions62 | - | €20k | €33k | €69k | €127k | ▲ 85.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €20k | €21k | €14k | €8k | ▼ 41.9% |
| Other operating charges640/8 | - | €2k | €3k | €11k | €16k | ▲ 45.1% |
| Gross operating margin9900 | €54k | €34k | €76k | €115k | €178k | ▲ 54.2% |
| Operating profit (loss)9901 | €39k | €-8k | €19k | €21k | €26k | ▲ 23.4% |
| Financial income75/76B | - | - | - | €28 | - | - |
| Recurring financial income75 | - | - | - | €28 | - | - |
| Financial charges65/66B | - | €2k | €3k | €2k | €2k | ▲ 22.7% |
| Recurring financial charges65 | €530 | €2k | €3k | €2k | €2k | ▲ 22.7% |
| Profit (loss) for the period before taxes9903 | €38k | €-10k | €15k | €20k | €24k | ▲ 23.3% |
| Income taxes67/77 | €8k | €-352 | - | €9k | €792 | ▼ 90.7% |
| Profit (loss) for the period9904 | €30k | €-9k | €15k | €11k | €23k | ▲ 112% |
| Profit (loss) for the period to be appropriated9905 | €30k | €-9k | €15k | €11k | €23k | ▲ 112% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €60k | €126k | €140k | €183k | €249k | ▲ 35.9% |
| Fixed assets21/28 | €28k | €54k | €42k | €28k | €20k | ▼ 28.9% |
| Tangible fixed assets22/27 | €14k | €39k | €28k | €14k | €6k | ▼ 59.2% |
| Furniture and vehicles24 | - | €39k | €28k | €14k | €6k | ▼ 59.2% |
| Financial fixed assets28 | €15k | €15k | €15k | €15k | €15k | = |
| Current assets29/58 | €32k | €72k | €97k | €155k | €229k | ▲ 47.7% |
| Amounts receivable within one year40/41 | €18k | €50k | €69k | €97k | €209k | ▲ 116% |
| Trade receivables40 | - | €35k | €62k | €85k | €189k | ▲ 124% |
| Other amounts receivable41 | - | €15k | €7k | €12k | €20k | ▲ 62.3% |
| Cash at bank and in hand54/58 | €14k | €21k | €1k | €58k | €20k | ▼ 64.6% |
| Deferred charges and accrued income490/1 | - | €190 | €27k | €701 | €85 | ▼ 87.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €60k | €126k | €140k | €183k | €249k | ▲ 35.9% |
| Equity10/15 | €34k | €25k | €40k | €51k | €74k | ▲ 45.6% |
| Contributions10/11 | - | €4k | €4k | €4k | €4k | = |
| Profit (loss) carried forward14 | €30k | €21k | €36k | €47k | €70k | ▲ 49.4% |
| Amounts payable17/49 | €26k | €101k | €100k | €132k | €175k | ▲ 32.1% |
| Amounts payable after more than one year17 | - | €6k | €12k | €4k | - | - |
| Financial debts170/4 | - | €6k | €12k | €4k | - | - |
| Amounts payable within one year42/48 | €26k | €94k | €88k | €129k | €175k | ▲ 35.8% |
| Current portion of amounts payable after more than one year42 | - | €5k | €13k | €9k | €4k | ▼ 60.1% |
| Trade debts44 | €9k | €57k | €55k | €72k | €111k | ▲ 55.5% |
| Suppliers440/4 | - | €57k | €55k | €72k | €111k | ▲ 55.5% |
| Taxes, remuneration and social security45 | - | €25k | €19k | €48k | €55k | ▲ 13.4% |
| Taxes450/3 | - | €15k | €7k | €41k | €37k | ▼ 9.9% |
| Remuneration and social security454/9 | - | €10k | €13k | €7k | €18k | ▲ 140% |
| Other amounts payable47/48 | - | €8k | €307 | €294 | €6k | ▲ 1,817% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €-9k | €15k | €11k | €23k | ▲ 112% |
| + Depreciation and write-downs630 | €7k | €20k | €21k | €14k | €8k | ▼ 41.9% |
| Operating cash flow (approximation) | €37k | €11k | €37k | €25k | €31k | ▲ 25.5% |
| Investment in fixed assets (approximation) | - | €-45k | €-10k | €0 | €0 | - |
| Change in cash | - | €8k | €-20k | €57k | €-37k | ▼ 166% |
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
2026
02-03
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 24-02-2026
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 116 days late
2022
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 82 days late
2021
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
05-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 97 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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
Registered office, Kraainem · 1 establishment unit since 2020
Ground area
1.1 ha
Building footprint
954 m²
Volume, LiDAR
34,472 m³
2 parcels, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
963
companies at this address
See who is registered here
1 establishment unit
AMARTRANS
since 20202.301.393.690
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
| 44816K0461/00F002 | Flanders | 103 m² | 1 · 89 m² | 10.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GUNTHER PEETERS KUNSTLAAN 24 BUS 9,
1000 BRUSSEL 1 |
24-02-2026 → present |
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Of 12,590 companies in sector 49410 we hold annual accounts for 8,199. 6,232 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.