AREND TRANSPORT
InactiveAREND TRANSPORT was declared bankrupt on 13-06-2022 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 02-12-2024, published in the Belgian State Gazette on 06-12-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
30-09-2022 close30-04-2023 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 27-06-2022, 58 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 · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
58 d late
2020
262 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
€654k
EBIT margin
5.4%
Net result
€27k▲ 403%
2020 · €5k
2020: €5k
2020 → 2021
Working capital
€17k▲ 233%
2020 · €5k
2020: €5k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Turnover€654k
Equity€24k-€41k▲ 69.6%
Operating result€9k-€35k▲ 282%
Net result€5k-€27k▲ 403%
Result per fiscal year
Operating resultNet result
The operating result rises in 2021; 2021 is 282% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €254k
Fixed assets
€23k ▲ 24.2%
Current assets
€231k ▲ 1,221%
Equity and liabilities €254k
Equity
€41k ▲ 69.6%
Debt
€214k ▲ 1,637%
Debt's share of the balance-sheet total rises from 34.0% to 84.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36k▲
2020 · €10k
Cash flow
€28k▲
2020 · €6k
Current ratio
1.08▼
2020 · 1.42
Debt to equity
5.27
ROE
65.7%▲
2020 · 22.2%
ROA
10.5%▼
2020 · 14.6%
Interest coverage
12.78
Debt ≤ 1 year
€214k▲
2020 · €12k
Income taxes
€6k▲
2020 · €2k
Staff costs
€106k
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 · 2021 against 2020 · 48 lines
Balance sheet
Code20202021
Assets
Total assets20/58€36k€254k▲
Fixed assets21/28€19k€23k▲
Tangible fixed assets22/27€2k€7k▲
Plant, machinery and equipment23-€331
Furniture and vehicles24-€6k
Financial fixed assets28€17k€17k=
Current assets29/58€17k€231k▲
Amounts receivable within one year40/41€15k€224k▲
Trade receivables40-€198k
Other amounts receivable41-€26k
Cash at bank and in hand54/58€3k€7k▲
Equity and liabilities
Total equity and liabilities10/49€36k€254k▲
Equity10/15€24k€41k▲
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Reserves13€265€22k▲
Non-distributable reserves130/1-€265
Legal reserve130-€265
Distributable reserves133-€22k
Profit (loss) carried forward14€5k-
Amounts payable17/49€12k€214k▲
Amounts payable within one year42/48€12k€214k▲
Trade debts44€6k€95k▲
Suppliers440/4-€95k
Taxes, remuneration and social security45-€109k
Taxes450/3-€65k
Remuneration and social security454/9-€44k
Other amounts payable47/48-€10k
Income statement
Code20202021
Turnover70-€654k
Goods, raw materials, services and sundry goods60/61-€507k
Remuneration, social security and pensions62-€106k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€894€1k▲
Other operating charges640/8-€4k
Gross operating margin9900€73k€146k▲
Operating profit (loss)9901€9k€35k▲
Financial charges65/66B-€3k
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€7k€32k▲
Income taxes67/77€2k€6k▲
Profit (loss) for the period9904€5k€27k▲
Profit (loss) for the period to be appropriated9905€5k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€32k
Profit (loss) brought forward from the previous period14P-€5k
Transfer to equity691/2-€22k
To other reserves6921-€22k
Profit to be distributed694/7-€10k
Directors or managers695-€10k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
06-12
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Dendermonde · AREND TRANSPORT BV WIJNGAARDVELD 3, 9300 AALST · event 02-12-2024
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 58 days late
17-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · AREND TRANSPORT BV WIJNGAARDVELD 3, 9300 AALST · event 13-06-2022
17-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 262 days late
SignalNBB filing
Directors · office · real estate
Directors
3 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALBERT COPPENS PARKLAAN 101, 9300 AALST- |
13-06-2022 → 02-12-2024 |