BRB TRANS
InactiveBRB TRANS was declared bankrupt on 21-04-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 06-02-2024, published in the Belgian State Gazette on 12-02-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 05-07-2021, 26 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
26 d early
2019
41 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 8 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Equity
€17,168▼ 21.4%
2019 · €21,837
Total assets
€144,844▲ 82.2%
2019 · €79,476
Net result
-€4,669
2019 · €9,337
Working capital
-€14,328
2019 · €7,018
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020
Operating result€13,348--€70
Net result€9,337--€4,669
Equity€21,837-€17,168▼ 21.4%
Total assets€79,476-€144,844▲ 82.2%
Debt€57,639-€127,676▲ 122%
Working capital€7,018--€14,328
Staff (FTE)0.9-0.9=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €70 after €13,348 in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €144,844
Fixed assets
€51,590 ▲ 57.0%
Current assets
€93,254 ▲ 100%
Equity and liabilities €144,844
Equity
€17,168 ▼ 21.4%
Debt
€127,676 ▲ 122%
Debt's share of the balance-sheet total rises from 72.5% to 88.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€11,178▼
2019 · €26,168
Cash flow
€6,579▼
2019 · €22,157
Current ratio
0.87▼
2019 · 1.18
Debt to equity
1.17▲
2019 · 0.72
ROE
-27.2%▼
2019 · 42.8%
ROA
-3.2%▼
2019 · 11.7%
Debt ≤ 1 year
€107,582▲
2019 · €39,591
Debt > 1 year
€20,094▲
2019 · €15,807
Income taxes
€658▼
2019 · €2,435
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,820 | €11,248 | ▼ 12.3% |
| Gross operating margin9900 | €72,767 | €68,071 | ▼ 6.5% |
| Operating profit (loss)9901 | €13,348 | -€70 | ▼ 101% |
| Recurring financial income75 | €250 | €563 | ▲ 125% |
| Recurring financial charges65 | €1,826 | €4,504 | ▲ 147% |
| Profit (loss) for the period before taxes9903 | €11,772 | -€4,012 | ▼ 134% |
| Income taxes67/77 | €2,435 | €658 | ▼ 73.0% |
| Profit (loss) for the period9904 | €9,337 | -€4,669 | ▼ 150% |
| Profit (loss) for the period to be appropriated9905 | €9,337 | -€4,669 | ▼ 150% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €79,476 | €144,844 | ▲ 82.2% |
| Fixed assets21/28 | €32,867 | €51,590 | ▲ 57.0% |
| Tangible fixed assets22/27 | €31,117 | €47,420 | ▲ 52.4% |
| Financial fixed assets28 | €1,750 | €4,170 | ▲ 138% |
| Current assets29/58 | €46,608 | €93,254 | ▲ 100% |
| Amounts receivable within one year40/41 | €41,617 | €72,610 | ▲ 74.5% |
| Cash at bank and in hand54/58 | - | €17,190 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €79,476 | €144,844 | ▲ 82.2% |
| Equity10/15 | €21,837 | €17,168 | ▼ 21.4% |
| Contributions10/11 | €12,500 | - | - |
| Profit (loss) carried forward14 | €9,337 | €4,668 | ▼ 50.0% |
| Amounts payable17/49 | €57,639 | €127,676 | ▲ 122% |
| Amounts payable after more than one year17 | €15,807 | €20,094 | ▲ 27.1% |
| Amounts payable within one year42/48 | €39,591 | €107,582 | ▲ 172% |
| Trade debts44 | €6,822 | €75,182 | ▲ 1,002% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €9,337 | -€4,669 | ▼ 150% |
| + Depreciation and write-downs630 | €12,820 | €11,248 | ▼ 12.3% |
| Operating cash flow (approximation) | €22,157 | €6,579 | ▼ 70.3% |
| Investment in fixed assets (approximation) | - | -€29,970 | - |
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
2024
12-02
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 06-02-2024
2022
27-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 21-04-2022
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
SignalNBB filing
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SVEN LEENDERS GROTE STEENWEG 154,
2600 BERCHEM (ANTWERPEN) |
21-04-2022 → 06-02-2024 |