ARZU TRANS
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Brussels
- Declared bankrupt
- 6 May 2025
- Supervising judge
- Xavier Aguirre
- Official Gazette
- 12-05-2025 (pdf) ↗search the document for 2025/119783
Deadlines
- Provisional date payments stopped
- 6 May 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 27 May 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 5 June 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 11 June 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 6 May 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Gregory BruneelZelliksesteenweg 12, 1082 Sint-Agatha-Berchemgb@linc.legal
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 04-06-2024, 57 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2023
57 d early
2022
48 d early
2021
76 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 60 days before the deadline; the sector median for financial year 2023 is on the deadline day, and 47% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the General construction of residential buildings sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€33,900▲ 154%
2022 · €13,330
Total assets
€113,166▲ 12.5%
2022 · €100,606
Net result
€20,569
2022 · -€17,791
Working capital
€42,067▲ 47.7%
2022 · €28,479
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202120222023
Operating result€23,404--€16,940€30,987
Net result€23,221within the sector's middle half--€17,791below the sector's middle half€20,569within the sector's middle half
Equity€31,121within the sector's middle half-€13,330below the sector's middle half▼ 57.2%€33,900within the sector's middle half▲ 154%
Total assets€47,918below the sector's middle half-€100,606within the sector's middle half▲ 110%€113,166within the sector's middle half▲ 12.5%
Debt€16,797-€87,275▲ 420%€79,267▼ 9.2%
Working capital€20,282within the sector's middle half-€28,479within the sector's middle half▲ 40.4%€42,067within the sector's middle half▲ 47.7%
Solvency64.9%above the sector's middle half-13.3%below the sector's middle half▼ 51.7pp30.0%within the sector's middle half▲ 16.7pp
Current ratio2.21within the sector's middle half-1.46within the sector's middle half▼ 0.751.68within the sector's middle half▲ 0.22
Return on assets (ROA)48.5%above the sector's middle half--17.7%below the sector's middle half▼ 66.1pp18.2%within the sector's middle half▲ 35.9pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €30,987 after a loss of €16,940 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €113,166
Fixed assets
€9,672 ▼ 6.5%
Current assets
€103,495 ▲ 14.7%
Equity and liabilities €113,166
Equity
€33,900 ▲ 154%
Debt
€79,267 ▼ 9.2%
Debt's share of the balance-sheet total falls from 86.7% to 70.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31,658▲
2022 · -€16,269
Cash flow
€21,241▲
2022 · -€17,119
Debt to equity
2.34▼
2022 · 6.55
ROE
60.7%▲
2022 · -133.5%
Interest coverage
16.86▲
2022 · -19.13
Debt ≤ 1 year
€61,428▼
2022 · €61,783
Debt > 1 year
€17,839▼
2022 · €25,492
Income taxes
€8,540
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €919 | €672 | €672 | = |
| Other operating charges640/8 | €644 | €1,358 | €595 | ▼ 56.2% |
| Gross operating margin9900 | €24,967 | -€14,910 | €32,254 | ▲ 316% |
| Operating profit (loss)9901 | €23,404 | -€16,940 | €30,987 | ▲ 283% |
| Financial income75/76B | - | - | €0 | - |
| Recurring financial income75 | - | - | €0 | - |
| Financial charges65/66B | €183 | €851 | €1,878 | ▲ 121% |
| Recurring financial charges65 | €183 | €851 | €1,878 | ▲ 121% |
| Profit (loss) for the period before taxes9903 | €23,221 | -€17,791 | €29,109 | ▲ 264% |
| Income taxes67/77 | - | - | €8,540 | - |
| Profit (loss) for the period9904 | €23,221 | -€17,791 | €20,569 | ▲ 216% |
| Profit (loss) for the period to be appropriated9905 | €23,221 | -€17,791 | €20,569 | ▲ 216% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €47,918 | €100,606 | €113,166 | ▲ 12.5% |
| Fixed assets21/28 | €10,839 | €10,343 | €9,672 | ▼ 6.5% |
| Tangible fixed assets22/27 | €1,839 | €1,343 | €672 | ▼ 50.0% |
| Furniture and vehicles24 | €1,839 | €1,343 | €672 | ▼ 50.0% |
| Financial fixed assets28 | €9,000 | €9,000 | €9,000 | = |
| Current assets29/58 | €37,079 | €90,262 | €103,495 | ▲ 14.7% |
| Amounts receivable within one year40/41 | €15,470 | €56,240 | €62,012 | ▲ 10.3% |
| Trade receivables40 | - | - | €2,867 | - |
| Other amounts receivable41 | €15,470 | €56,240 | €59,146 | ▲ 5.2% |
| Cash at bank and in hand54/58 | €21,610 | €34,023 | €41,482 | ▲ 21.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €47,918 | €100,606 | €113,166 | ▲ 12.5% |
| Equity10/15 | €31,121 | €13,330 | €33,900 | ▲ 154% |
| Contributions10/11 | €7,900 | €7,900 | €7,900 | = |
| Capital10 | €7,900 | €7,900 | €7,900 | = |
| Issued capital100 | €7,900 | €7,900 | €7,900 | = |
| Profit (loss) carried forward14 | €23,221 | €5,430 | €26,000 | ▲ 379% |
| Amounts payable17/49 | €16,797 | €87,275 | €79,267 | ▼ 9.2% |
| Amounts payable after more than one year17 | - | €25,492 | €17,839 | ▼ 30.0% |
| Financial debts170/4 | - | €25,492 | €17,839 | ▼ 30.0% |
| Amounts payable within one year42/48 | €16,797 | €61,783 | €61,428 | ▼ 0.6% |
| Current portion of amounts payable after more than one year42 | - | €6,839 | €7,653 | ▲ 11.9% |
| Financial debts43 | - | - | €6,992 | - |
| Credit institutions430/8 | - | - | €6,992 | - |
| Trade debts44 | €13,663 | €48,934 | €37,204 | ▼ 24.0% |
| Suppliers440/4 | €13,663 | €48,934 | €37,204 | ▼ 24.0% |
| Taxes, remuneration and social security45 | €3,134 | €6,011 | €9,578 | ▲ 59.4% |
| Taxes450/3 | €3,134 | €6,011 | €9,578 | ▲ 59.4% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,221 | -€17,791 | €20,569 | ▲ 216% |
| + Depreciation and write-downs630 | €919 | €672 | €672 | = |
| Operating cash flow (approximation) | €24,140 | -€17,119 | €21,241 | ▲ 224% |
| Investment in fixed assets (approximation) | - | -€176 | €0 | ▲ 100% |
| Change in cash | - | €12,413 | €7,460 | ▼ 39.9% |
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
2025
12-05
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 06-05-2025
07-03
KBO administration
Address struck
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €20,569
Net result €20,569 after one loss-making year.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€17,791
Net result drops to -€17,791, the lowest in the series.
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
No directors read yet: 0 of 9 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2022
Ground area
198 m²
Building footprint
173 m²
Volume, LiDAR
1,977 m³
2 parcels, Brussels · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ARZU TRANS
since 20222.327.865.782
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305B0244/00E009 | Brussels | 120 m² | 1 · 112 m² | 16.5 m · 2 fl. |
| 21015A0178/02P003 | Brussels | 78 m² | 1 · 60 m² | 18.4 m · 5 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 | GREGORY BRUNEEL Zelliksesteenweg 12, 1082 Sint-Agatha-Berchem |
06-05-2025 → present |
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Of 29,766 companies in this sector we hold annual accounts for 16,066. 12,627 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded14-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
49410Freight transport by road
81210General cleaning of buildings
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.