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BP TRANS

Open bankruptcy
Private limited company (pre-2019)founded 2014Gentsestraat 168, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0556.903.823

A bankruptcy procedure is open for BP TRANS according to publications in the Belgian State Gazette; curator: JAN DE POORTER.

Summary

The 2020 annual accounts show equity of €192,330 and a net result of €29,045.

Are 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 Ghent, Oudenaarde division
Declared bankrupt
10 March 2022
Supervising judge
Jan Ghys
Official Gazette
18-03-2022 (pdf) ↗search the document for 2022/109659

Deadlines

Provisional date payments stopped
10 March 2022A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 2 April 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 9 April 2022art. XX.104 and XX.155 CEL
First verification report
passed on 19 April 2022Goods 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 10 March 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Jan De PoorterEdelareberg 24, 9700 Ouden- Aardejan.de.poorter@de3advocaten.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 27-08-2021, 27 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 · 6 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
27 d late
2019
33 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 30 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
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

History

BP TRANS was incorporated on 29 July 2014.1 Total assets rose from EUR 148,404 in 2018 to EUR 757,832 in 2020 and headcount from 1 to 4 full-time equivalents.2 On 10 March 2022 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020
  3. 3Belgian State Gazette, 18-03-2022

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2020, micro schema

Turnover
€228,671
EBIT margin
15.8%
Net result
€29,045▼ 61.0%
2019 · €74,498
Working capital
€64,708▼ 41.8%
2019 · €111,226
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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 49, Land transport and transport via pipelines, 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), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820192020
Turnover€228,671-
Operating result€36,068-€80,695▲ 124%€38,238▼ 52.6%
Net result€29,848-€74,498▲ 150%€29,045above the sector's middle half▼ 61.0%
EBIT margin15.8%-
Equity€88,788-€163,285▲ 83.9%€192,330above the sector's middle half▲ 17.8%
Total assets€148,404-€568,386▲ 283%€757,832above the sector's middle half▲ 33.3%
Debt€59,616-€405,101▲ 580%€565,502▲ 39.6%
Working capital€109,740-€111,226▲ 1.4%€64,708above the sector's middle half▼ 41.8%
Solvency59.8%-28.7%▼ 31.1pp25.4%within the sector's middle half▼ 3.3pp
Current ratio3.97-1.73▼ 2.241.26within the sector's middle half▼ 0.46
Return on assets (ROA)20.1%-13.1%▼ 7.0pp3.8%within the sector's middle half▼ 9.3pp
Staff (FTE)1-1=4within the sector's middle half▲ 300%
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
€0€25,000€50,000€75,000Operating result 2018: €36,068€36,068Net result 2018: €29,848€29,848Operating result 2019: €80,695€80,695Net result 2019: €74,498€74,498Operating result 2020: €38,238€38,238Net result 2020: €29,045€29,045201820192020€0€25,000€50,000€75,000Operating result 2018: €36,068€36,100Net result 2018: €29,848€29,800Operating result 2019: €80,695€80,700Net result 2019: €74,498€74,500Operating result 2020: €38,238€38,200Net result 2020: €29,045€29,000201820192020
The operating result falls in 2020; 2020 is 53% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €757,832
Fixed assets €448,468 ▲ 47.2%
Current assets €309,364 ▲ 17.3%
Equity and liabilities €757,832
Equity €192,330 ▲ 17.8%
Debt €565,502 ▲ 39.6%
Debt's share of the balance-sheet total rises from 71.3% to 74.6%. Equity and debt are higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
€145,663▲
2019 · €136,541
Cash flow
€136,470▲
2019 · €130,344
Debt to equity
1.67▲
2019 · 1.55
ROE
15.1%▼
2019 · 45.6%
Debt ≤ 1 year
€244,656▲
2019 · €152,510
Debt > 1 year
€320,846▲
2019 · €252,591
Income taxes
-€394▼
2019 · €2,474
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 25 lines
Balance sheet Code20192020
Assets
Total assets20/58€568,386€757,832▲
Fixed assets21/28€304,650€448,468▲
Tangible fixed assets22/27€303,150€448,468▲
Financial fixed assets28€1,500-
Current assets29/58€263,736€309,364▲
Amounts receivable within one year40/41€242,965€284,336▲
Cash at bank and in hand54/58€20,193€22,954▲
Equity and liabilities
Total equity and liabilities10/49€568,386€757,832▲
Equity10/15€163,285€192,330▲
Contributions10/11€12,400-
Reserves13€19,493€19,493=
Profit (loss) carried forward14€131,392€160,437▲
Amounts payable17/49€405,101€565,502▲
Amounts payable after more than one year17€252,591€320,846▲
Amounts payable within one year42/48€152,510€244,656▲
Trade debts44€45,128€70,926▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55,846€107,425▲
Gross operating margin9900€192,003€363,073▲
Operating profit (loss)9901€80,695€38,238▼
Recurring financial income75€25-
Recurring financial charges65€3,748€9,587▲
Profit (loss) for the period before taxes9903€76,972€28,651▼
Income taxes67/77€2,474-€394▼
Profit (loss) for the period9904€74,498€29,045▼
Profit (loss) for the period to be appropriated9905€74,498€29,045▼
Line201820192020Change
Turnover70€228,671---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€441€55,846€107,425▲ 92.4%
Gross operating margin9900€65,796€192,003€363,073▲ 89.1%
Operating profit (loss)9901€36,068€80,695€38,238▼ 52.6%
Recurring financial income75€3,000€25--
Recurring financial charges65€1,343€3,748€9,587▲ 156%
Profit (loss) for the period before taxes9903€37,725€76,972€28,651▼ 62.8%
Income taxes67/77€7,877€2,474-€394▼ 116%
Profit (loss) for the period9904€29,848€74,498€29,045▼ 61.0%
Profit (loss) for the period to be appropriated9905€29,848€74,498€29,045▼ 61.0%
Line201820192020Change
Assets
Total assets20/58€148,404€568,386€757,832▲ 33.3%
Fixed assets21/28€1,765€304,650€448,468▲ 47.2%
Tangible fixed assets22/27€265€303,150€448,468▲ 47.9%
Financial fixed assets28€1,500€1,500--
Current assets29/58€146,639€263,736€309,364▲ 17.3%
Amounts receivable within one year40/41€131,068€242,965€284,336▲ 17.0%
Cash at bank and in hand54/58€14,177€20,193€22,954▲ 13.7%
Equity and liabilities
Total equity and liabilities10/49€148,404€568,386€757,832▲ 33.3%
Equity10/15€88,788€163,285€192,330▲ 17.8%
Contributions10/11€12,400€12,400--
Reserves13€19,493€19,493€19,493=
Profit (loss) carried forward14€56,895€131,392€160,437▲ 22.1%
Amounts payable17/49€59,616€405,101€565,502▲ 39.6%
Amounts payable after more than one year17€22,717€252,591€320,846▲ 27.0%
Amounts payable within one year42/48€36,899€152,510€244,656▲ 60.4%
Trade debts44€9,958€45,128€70,926▲ 57.2%
Line201820192020Change
Profit (loss) for the period9904€29,848€74,498€29,045▼ 61.0%
+ Depreciation and write-downs630€441€55,846€107,425▲ 92.4%
Operating cash flow (approximation)€30,289€130,344€136,470▲ 4.7%
Investment in fixed assets (approximation)--€358,731-€251,243▲ 30.0%
Change in cash-€6,016€2,761▼ 54.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2022
18-03
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 10-03-2022
2021
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial Weakest financial yearnet €29,045 ▼61%
Net result drops to €29,045, the lowest in the series.
02-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
2019
31-12
Financial Highest result since 2018net €74,498 ▲150%
Operating result €80,695, net result €74,498, both a record.
31-12
Financial Equity above €150,000Eq €163,285 ▲83.9%
2 profitable years in a row build equity to €163,285.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
26-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
03-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
31-01
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 184 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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 Sign in to place this company at the front of the reading queue.

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
Registered office, Geraardsbergen · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
234 m²
Building footprint
65 m²
Volume, LiDAR
420 m³
Parcel 41043A0230/00K000, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BP TRANS
Gentsestraat 168, 9500 GeraardsbergenFreight transport by road
since 20142.235.988.768
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41043A0230/00K000 Flanders 234 m² 1 · 65 m² 11.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 JAN DE POORTER
EDELAREBERG 24, 9700 OUDEN- AARDE
10-03-2022 → present

Similar companies · same sector, comparable size

Of 12,573 companies in sector 49410 we hold annual accounts for 8,200. 6,231 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 (pre-2019)
Founded29-07-2014
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
52250Logistics services
53200Other postal and courier activities
Contact
Phone 0499/336312
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 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.