BEST WAY TRADING
A bankruptcy procedure is open for BEST WAY TRADING according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €33k and a net result of €8k.
| Equity | €33k |
| Net result | €8k |
| Active | 5 yrs |
| Board | 2 |
Fragile profile, watch health in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Fiscal year | 2022 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €32k |
| Net profit | €8k |
| Cash flow | €32k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €79k |
| Equity | €33k |
| Debt | €45k |
| of which ≤ 1y | €45k |
| of which > 1y | - |
| Working capital | €-15k |
| Employees (FTE) | - |
| 2022 | |
|---|---|
| Current ratio | 0.68 |
| Quick ratio | 0.13 |
| Working capital ratio | -18.6% |
| Solvency | 42.3% |
| Debt / equity | 1.36 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 10.6% |
| ROE | 25.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €79k |
| Fixed assets | 21/28 | €48k |
| Intangible fixed assets | 21 | €24k |
| Tangible fixed assets | 22/27 | €24k |
| Current assets | 29/58 | €31k |
| Stocks & contracts in progress | 3 | €25k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €79k |
| Equity | 10/15 | €33k |
| Contributions / capital | 10/11 | €25k |
| Reserves | 13 | €3k |
| Accumulated profits (losses) | 14 | €6k |
| Amounts payable | 17/49 | €45k |
| Amounts payable within one year | 42/48 | €45k |
| Trade debts payable within one year | 44 | €45k |
| Income statement | ||
| Gross operating margin | 9900 | €32k |
| Operating result | 9901 | €8k |
| Result before taxes | 9903 | €8k |
| Net result for the period | 9904 | €8k |
| Result to be appropriated | 9905 | €8k |
-
BHUTTA Irfan HamidManaging directorState Gazette act 24144234 (08-10-2024)Current08-10-2024 → present
-
BUTT AKHTAR Muhammad AmarDirectorState Gazette act 24026080 (12-02-2024)Current12-02-2024 → present
Former directors (2)
-
BUTT AKHTAR MuhammadManaging directorState Gazette act 24144234 (08-10-2024)Former- → 08-10-2024
-
MUHAMMAD Khalid MehmoodDirectorState Gazette act 24026080 (12-02-2024)Former- → 12-02-2024
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | CATHERINE SAVARY RUE DES DOMINICAINS 8,
7000 MONS- .
Date provisoire de cessation de paiement : 02/02/2026 |
02-02-2026 → present | Belgian State Gazette |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 06-07-2021 |
| Status | Active |
| Postal code | - |
| First insolvency signal | 13-02-2026 |
| Latest insolvency signal | 13-02-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0325/00F000 | Brussels | 2,312 m² | 1 · 1,725 m² | 40.0 m · 1 fl. |
| 71065F0232/00Z000 | Flanders | 963 m² | 1 · 569 m² | - |
| 55372D0035/00C024 | Wallonia | 182 m² | 1 · 106 m² | 14.4 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 1 further earlier event in this file, covering 11-02-2025 to 02-02-2026.
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
08-10-2024 1 director appointed, 1 resigning, 1 reappointed
- BHUTTA Irfan Hamid, Gedelegeerd bestuurder
- BUTT AKHTAR Muhammad, Gedelegeerd bestuurder
- BHUTTA Irfan Hamid, Gedelegeerd bestuurder
Technical details
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}10-05-2024 Transaction in capital or shares
Technical details
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}12-02-2024 All shares are now held by a single shareholder
Technical details
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}26-06-2023 All shares are now held by a single shareholder
Technical details
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}18-05-2022 Transaction in capital or shares
Technical details
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}| Legal nameNL | BEST WAY TRADING |
- 11-02-2025 Address struck