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AVA TRANS

Inactive
KBO/BCE: BE 0724.877.832

AVA TRANS was declared bankrupt on 08-11-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 19-12-2023, published in the Belgian State Gazette on 27-12-2023.

No longer registered with the KBO; last annual accounts for fiscal year 2021.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
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 filings
Position against the passed deadline
30-09-2022 close30-04-2023 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 29-04-2022, 1 day ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
1 d early
2020
on the day
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2021, full schema

Turnover
€236k
EBIT margin
7.0%
Net result
€2k▼ 81.9%
2020 · €13k
2020: €13k
2020 → 2021
Working capital
€-64k
2020 · €28k
2020: €28k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021Trend
Turnover€236k-
Equity€29k-€31k▲ 8.0%
Operating result€16k-€16k▼ 4.6%
Net result€13k-€2k▼ 81.9%
Result per fiscal year
Operating resultNet result
€0€5k€10k€15kOperating result 2020: €16k€16kNet result 2020: €13k€13kOperating result 2021: €16k€16kNet result 2021: €2k€2k20202021
The operating result falls in 2021; 2021 is 5% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €622k
Fixed assets €274k▲ 75,308%
Current assets €348k▲ 113%
Equity and liabilities €622k
Equity €31k▲ 8.0%
Debt €591k▲ 336%
The debt ratio rises from 82.5% to 95.0%. Equity and debt are higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
€66k
Cash flow
€53k
Solvency
5.0%
2020 · 17.5%
Current ratio
0.85
2020 · 1.21
Quick ratio
0.85
2020 · 1.21
Debt / equity
19.06
ROE
7.4%
2020 · 44.3%
ROA
0.4%
2020 · 7.7%
Interest coverage
6.39
Debt
€591k
2020 · €136k
Debt ≤ 1 year
€412k
2020 · €136k
Debt > 1 year
€179k
Income taxes
€3k
2020 · €3k
Staff costs
€347k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet Code20202021
Assets
Total assets20/58€164k€622k
Fixed assets21/28€363€274k
Tangible fixed assets22/27-€257k
Leasing and similar rights25-€257k
Financial fixed assets28€363€17k
Current assets29/58€164k€348k
Amounts receivable within one year40/41€163k€331k
Trade receivables40-€323k
Other amounts receivable41-€8k
Cash at bank and in hand54/58€882€17k
Equity and liabilities
Total equity and liabilities10/49€164k€622k
Equity10/15€29k€31k
Contributions10/11€16k€16k=
Capital10-€16k
Issued capital100-€19k
Uncalled capital101-€3k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Profit (loss) carried forward14€11k€13k
Amounts payable17/49€136k€591k
Amounts payable after more than one year17-€179k
Financial debts170/4-€179k
Amounts payable within one year42/48€136k€412k
Current portion of amounts payable after more than one year42-€77k
Financial debts43-€98
Credit institutions430/8-€98
Trade debts44€89k€288k
Suppliers440/4-€288k
Taxes, remuneration and social security45-€15k
Taxes450/3-€3k
Remuneration and social security454/9-€12k
Other amounts payable47/48-€32k
Income statement Code20202021
Turnover70€236k-
Remuneration, social security and pensions62-€347k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€50k
Other operating charges640/8-€7k
Gross operating margin9900€91k€421k
Operating profit (loss)9901€16k€16k
Financial income75/76B-€36
Recurring financial income75€0€36
Financial charges65/66B-€10k
Recurring financial charges65€390€10k
Profit (loss) for the period before taxes9903€16k€5k
Income taxes67/77€3k€3k
Profit (loss) for the period9904€13k€2k
Profit (loss) for the period to be appropriated9905€13k€2k
Appropriation of the result
Profit (loss) to be appropriated9906-€13k
Profit (loss) brought forward from the previous period14P-€11k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2023
27-12
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · AVA TRANS BV SYLVAIN DUPUISLAAN 59, 1070 ANDERLECHT · event 19-12-2023
2022
17-11
Bankruptcy Opening
Ondernemingsrechtbank Brussel · AVA TRANS BV SYLVAIN DUPUISLAAN 59, 1070 ANDERLECHT · event 08-11-2022
29-04
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
SignalNBB filing

Directors · office · real estate

Directors
1 act for this company is 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 LIEVE TEINTENIER
SYLVAIN DUPUISLAAN 217, 1070 BRUSSEL 7
08-11-2022 → present