C-EXPRESS
Overview
Information for creditors
Enterprise Court of Ghent, Ghent division · Official Gazette of 18-06-2021Opened on 15 June 2021
Steps, deadlines and articles of law
The procedure
- Track
- Reorganisation by transfer under court supervision
- Docket number
- 20210007
- Delegated judge
- Edwin Meysmans
- Official Gazette
- 18-06-2021search the document for 2021/123033
Steps for a creditor
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- A court officer sells the business or part of it. Creditors are paid from the proceeds, according to their ranking.
- What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
- The file is in RegSol, where you can read the documents of the procedure.
The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.
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Lifetime
14 annual accounts with figures on one time axis, 20 filings since 2000Key points
from the 2019 annual accounts, the last ones filedStaff
Between 2015 and 2019, 59% of the full-time equivalents disappeared.
Filings
Five of the last ten came late. The 2018 accounts came latest: 373 days after the end of the period.
Recent changes
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 30-11-2021
- Legal form
- Private limited company (pre-2019)
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2019
- €798,975▼ 20.8%
- ≈ €1.9mestimated
- €115,506▼ 6.9%
- €34,940
- €698,877▼ 21.2%
- 14 FTE=
- Filing
- Filed on 07-08-2020
Insights on C-EXPRESS
Equity fell from €159,829 in 2012 to €34,940 in 2019.
On 30 November 2021 the court declared C-EXPRESS bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2019
abbreviated format, filed on 07-08-2020, 7 days lateTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.9m. Estimated: probably between €1.1m and €3.2m.
Balance sheet
balance sheet total €698,877 on 31-12-2019in euro
Staff
€39,806
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
698,877 | 886,979 | 1.2m | 1.4m | 1.8m | 2.1m | 1.7m | 912,951 | 577,923 | 389,771 | 382,686 | 416,251 | 533,135 | 488,058 | |
21/28 |
145,371 | 181,518 | 352,781 | 539,672 | 829,828 | 1.1m | 785,592 | 209,594 | 17,123 | 40,217 | 71,987 | 102,991 | 143,078 | 91,638 | |
21 |
17,500 | 21,000 | 24,500 | 28,000 | 31,500 | - | - | - | - | - | - | - | - | - | |
22/27 |
22,927 | 51,573 | 235,731 | 496,122 | 781,968 | 1.1m | 785,592 | 209,594 | 17,123 | 40,065 | 71,835 | 102,839 | 142,926 | 91,576 | |
22 |
7,450 | 2,009 | 61,587 | 71,851 | 85,078 | 96,330 | - | - | - | - | - | - | - | - | |
23 |
6,890 | 0 | 4,712 | 9,928 | 18,133 | 24,856 | 10,392 | - | - | - | - | 119 | 268 | 447 | |
24 |
7,779 | 17,721 | 35,848 | 97,217 | 87,788 | 163,469 | 124,724 | 46,973 | 17,123 | 40,065 | 53,405 | 65,861 | 87,369 | 17,411 | |
26 |
- | - | - | - | 37,056 | 43,806 | 50,556 | - | - | - | - | - | - | - | |
28 |
104,945 | 108,945 | 92,550 | 15,550 | 16,360 | 1,125 | - | - | - | 152 | 152 | 152 | 152 | 62 | |
29/58 |
553,506 | 705,461 | 824,953 | 821,342 | 964,146 | 984,205 | 924,449 | 703,356 | 560,799 | 349,554 | 310,700 | 313,261 | 390,057 | 396,420 | |
3 |
6,634 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
30/36 |
6,634 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
445,894 | 591,414 | 712,227 | 743,241 | 919,800 | 963,630 | 852,516 | 617,871 | 546,029 | 327,656 | 280,603 | 273,553 | 358,695 | 357,262 | |
40 |
412,538 | 524,270 | 665,394 | 673,211 | 865,097 | 885,596 | 793,689 | 554,604 | 496,579 | 257,221 | 216,445 | 243,573 | 205,124 | 243,355 | |
41 |
33,356 | 67,144 | 46,832 | 70,030 | 54,703 | 78,034 | 58,827 | 63,267 | 49,450 | 70,435 | 64,158 | 29,980 | 153,571 | 113,908 | |
54/58 |
- | - | 36,676 | - | - | - | 70,515 | 85,327 | 13,950 | 13,326 | 22,110 | 18,583 | 4,884 | 21,535 | |
490/1 |
100,977 | 114,048 | 76,051 | 78,101 | 44,346 | 20,575 | 1,418 | 158 | 821 | 8,573 | 7,987 | 21,125 | 26,477 | 17,623 | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
698,877 | 886,979 | 1.2m | 1.4m | 1.8m | 2.1m | 1.7m | 912,951 | 577,923 | 389,771 | 382,686 | 416,251 | 533,135 | 488,058 | |
10/15 |
34,940 | -80,566 | -204,639 | -338,756 | -469,308 | -314,403 | -107,517 | 159,829 | 102,848 | 67,363 | 62,683 | 82,319 | 59,902 | 89,242 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
101 |
12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | |
12 |
- | - | 492,622 | - | - | - | - | - | - | - | - | - | - | - | |
13 |
5,617 | 5,617 | 5,617 | 5,617 | 5,617 | 5,617 | 5,617 | 5,617 | 5,617 | 5,617 | 5,617 | 5,617 | 5,617 | 5,617 | |
130 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
133 |
3,758 | 3,758 | 3,758 | 3,758 | 3,758 | 3,758 | 3,758 | 3,758 | 3,758 | 3,758 | 3,758 | 3,758 | 3,758 | 3,758 | |
14 |
23,123 | -92,383 | -216,457 | -350,573 | -481,125 | -326,221 | -119,334 | 148,012 | 91,031 | 55,545 | 50,866 | 70,501 | 48,085 | 77,425 | |
19 |
- | - | 492,622 | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
663,937 | 967,545 | 1.4m | 1.7m | 2.3m | 2.4m | 1.8m | 753,122 | 475,075 | 322,409 | 320,004 | 333,933 | 473,233 | 398,817 | |
17 |
- | 17,993 | 85,077 | 233,319 | 463,922 | 761,546 | 619,373 | 171,437 | 4,414 | 19,863 | 55,720 | 87,072 | 117,393 | 90,869 | |
170/4 |
- | 17,993 | 85,077 | 233,319 | 463,922 | 761,546 | 619,373 | 171,437 | 4,414 | 19,863 | 55,720 | 87,072 | 117,393 | 90,869 | |
42/48 |
663,937 | 949,552 | 1.3m | 1.5m | 1.8m | 1.6m | 1.2m | 581,685 | 468,757 | 302,546 | 264,284 | 246,861 | 355,839 | 304,566 | |
42 |
- | - | 152,850 | 232,879 | 377,307 | 381,097 | 272,171 | 75,115 | 18,861 | 51,072 | 54,748 | 48,977 | 57,777 | 41,233 | |
43 |
185,555 | 272,933 | 431,028 | 370,307 | 437,263 | 447,781 | 175,000 | - | - | 7,422 | - | - | 4,727 | - | |
430/8 |
185,555 | 272,933 | 100,000 | 100,000 | 150,000 | 175,000 | 175,000 | - | - | 7,422 | - | - | 4,727 | - | |
439 |
- | - | 331,028 | 270,307 | 287,263 | 272,781 | - | - | - | - | - | - | - | - | |
44 |
35,194 | 112,013 | 176,261 | 275,982 | 621,413 | 463,245 | 461,859 | 416,198 | 399,600 | 218,845 | 180,437 | 172,783 | 264,236 | 230,677 | |
440/4 |
35,194 | 112,013 | 176,261 | 275,982 | 621,413 | 463,245 | 461,859 | 416,198 | 399,600 | 218,845 | 180,437 | 172,783 | 264,236 | 230,677 | |
45 |
443,188 | 564,606 | 537,158 | 587,283 | 346,638 | 277,016 | 243,870 | 90,373 | 34,336 | 25,199 | 28,869 | 24,716 | 27,077 | 21,115 | |
450/3 |
147,531 | 141,528 | 114,465 | 216,762 | 68,504 | 78,143 | 54,175 | 18,203 | 4,213 | 5,260 | 7,666 | 6,356 | 17,668 | 21,115 | |
454/9 |
295,657 | 423,078 | 422,693 | 370,521 | 278,134 | 198,873 | 189,695 | 72,170 | 30,123 | 19,939 | 21,203 | 18,360 | 9,409 | - | |
47/48 |
- | - | - | - | 16,740 | 18,271 | 19,102 | - | 15,960 | 8 | 230 | 385 | 2,022 | 11,541 | |
492/3 |
- | - | - | - | - | 69,813 | 26,183 | - | 1,904 | - | - | - | - | 3,381 | |
| Income statement | |||||||||||||||
76A |
- | - | 1.6m | - | 21,971 | 9,011 | 1,316 | 13,231 | 272 | 2,259 | 9,597 | - | 500 | 3,758 | |
9900 |
798,975 | 1.0m | 1.4m | 1.9m | 1.7m | 1.7m | 1.9m | 519,027 | 317,991 | 234,084 | 190,767 | 260,186 | 99,622 | 123,811 | |
62 |
557,286 | 693,724 | 928,295 | 1.4m | 1.5m | 1.5m | 1.0m | 352,090 | 193,639 | 167,829 | 151,713 | 133,326 | 63,365 | - | |
630 |
65,369 | 109,774 | 278,534 | 303,013 | 278,281 | 327,350 | 1.1m | 75,272 | 27,245 | 47,090 | 54,723 | 40,087 | 41,671 | 32,491 | |
631/4 |
- | - | - | - | - | - | - | - | - | -5,485 | - | 5,485 | -9,686 | - | |
640/8 |
54,366 | 75,397 | 86,124 | 75,587 | 47,124 | 61,747 | 37,735 | 10,832 | 27,474 | 12,789 | 7,792 | 6,689 | 16,293 | 7,253 | |
66A |
- | - | - | - | 15,612 | 21,728 | - | 4,667 | - | - | - | 41,142 | 5,200 | - | |
9901 |
121,954 | 129,977 | 106,073 | 184,033 | -104,359 | -136,071 | -238,721 | 80,833 | 69,634 | 11,861 | -23,461 | 74,599 | -12,021 | 84,066 | |
75/76B |
323 | 88 | 70,554 | 107 | 503 | 10,424 | 2,940 | 207 | 2,568 | 471 | 3,526 | 2,302 | 402 | 136 | |
75 |
323 | 88 | 70,554 | 107 | 503 | 10,424 | 2,940 | 207 | 2,568 | 471 | 3,526 | 2,302 | 402 | 136 | |
65/66B |
6,772 | 5,991 | 42,510 | 53,588 | 57,139 | 68,063 | 32,501 | 10,159 | 12,186 | 9,910 | 9,298 | 13,343 | 11,584 | 8,876 | |
65 |
6,772 | 5,991 | 42,510 | 53,588 | 57,139 | 68,063 | 32,501 | 10,159 | 12,186 | 9,910 | 9,298 | 13,343 | 11,584 | 8,876 | |
9903 |
115,506 | 124,073 | 134,116 | 130,552 | -154,637 | -206,427 | -266,965 | 79,445 | 60,288 | 4,680 | -19,636 | 22,416 | -27,903 | 79,084 | |
67/77 |
- | - | - | - | 268 | 459 | 381 | 22,464 | 9,802 | - | - | - | 1,436 | 23,924 | |
9904 |
115,506 | 124,073 | 134,116 | 130,552 | -154,905 | -206,886 | -267,346 | 56,981 | 50,486 | 4,680 | -19,636 | 22,416 | -29,339 | 55,161 | |
9905 |
115,506 | 124,073 | 134,116 | 130,552 | -154,905 | -206,886 | -267,346 | 56,981 | 50,486 | 4,680 | -19,636 | 22,416 | -29,339 | 55,161 | |
| Appropriation of the result | |||||||||||||||
9906 |
23,123 | -92,383 | -216,457 | -350,573 | -481,125 | -326,221 | -119,334 | 148,012 | 106,031 | 55,545 | 50,866 | 70,501 | 48,085 | 81,182 | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 3,758 | |
6921 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 3,758 | |
694/7 |
- | - | - | - | - | - | - | - | 15,000 | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | 15,000 | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||
9087 |
14 | 14 | 34.1 | 34.1 | 34.1 | 30.1 | 22.8 | 7.1 | 4.3 | 4.2 | 4 | 3.5 | 1.4 | - | |
Hours worked1013 |
24,830 | 24,640 | 64,785 | 64,785 | 64,785 | 62,125 | 45,766 | 16,392 | 9,140 | 8,030 | 6,404 | 5,950 | 2,280 | - | |
| Document | |||||||||||||||
The accounts for 6 older financial years (2000-2005) were filed as documents without figures as data, scans for example.
Source: Annual accounts 2019 (PDF), filed on 07-08-2020.
Filings
each dot is a set of accounts, on the day it reached the National Bank2019 annual accounts filed 7 days after the deadline. Filed on 7 August 2020, deadline 31 July 2020 (7 months after the close on 31 December 2019, Companies Code art. 3:10). Source: NBB, 2020-39600030.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2019 | abbreviated format | 07-08-2020 | 2020-39600030 | |
| 31-12-2018 | abbreviated format | 07-08-2020 | 2020-39800254 | |
| 31-12-2017 | micro format | 23-04-2019 | 2019-10300220 | |
| 31-12-2016 | abbreviated format | 20-07-2017 | 2017-33100228 | |
| 31-12-2015 | abbreviated format | 29-07-2016 | 2016-38200124 | |
| 31-12-2014 | abbreviated format | 12-06-2015 | 2015-16500485 | |
| 31-12-2013 | abbreviated format | 08-08-2014 | 2014-40900387 | |
| 31-12-2012 | abbreviated format | 09-08-2013 | 2013-41200592 | |
| 31-12-2011 | abbreviated format | 22-06-2012 | 2012-20800409 | |
| 31-12-2010 | abbreviated format | 30-06-2011 | 2011-23800117 | |
| 31-12-2009 | abbreviated format | 25-06-2010 | 2010-21600015 | |
| 31-12-2008 | abbreviated format | 08-07-2009 | 2009-38800101 | |
| 31-12-2007 | abbreviated format | 12-07-2008 | 2008-41000205 | |
| 31-12-2006 | abbreviated format | 22-06-2007 | 2007-27200139 | |
| 31-12-2005 | abbreviated format | 21-06-2006 | 2006-29000071 | |
| 31-12-2004 | abbreviated format | 15-06-2005 | 2005-26501046 | |
| 30-09-2003 | abbreviated format | 25-03-2004 | 2004-08601318 | |
| 30-09-2002 | abbreviated format | 28-04-2003 | 2003-12202395 | |
| 30-09-2001 | abbreviated format | 15-03-2002 | 2002-06702257 | |
| 30-09-2000 | abbreviated format | 11-04-2001 | 2001-09504923 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 187,324 | 239,751 | 384,606 | 487,046 | 173,923 | 191,280 | 841,760 | 156,105 | 96,879 | 58,951 | 31,262 | 114,686 | 29,650 | 116,557 | ||
| 180,875 | 233,847 | 412,650 | 433,565 | 123,377 | 120,464 | 813,134 | 132,253 | 77,730 | 51,770 | 35,087 | 62,503 | 12,332 | 87,651 | ||
| 33,223 | 16,395 | 18,142 | 12,857 | 80,140 | 727,597 | 1.7m | 274,410 | 4,303 | 20,001 | 23,719 | 0 | 100,311 | 92,893 | ||
| - | - | - | - | - | - | -14,812 | 71,377 | 625 | -8,784 | 3,527 | 13,699 | -16,650 | - | ||
| -110,431 | -244,090 | -472,343 | -645,109 | -835,214 | -603,205 | -247,553 | 121,671 | 92,043 | 47,008 | 46,416 | 66,400 | 34,217 | 91,853 | ||
| 5.0% | -9.1% | -17.4% | -24.9% | -26.2% | -14.9% | -6.3% | 17.5% | 17.8% | 17.3% | 16.4% | 19.8% | 11.2% | 18.3% | ||
| 0.83 | 0.74 | 0.64 | 0.56 | 0.54 | 0.62 | 0.79 | 1.21 | 1.20 | 1.16 | 1.18 | 1.27 | 1.10 | 1.30 | ||
| 0.82 | 0.74 | 0.64 | 0.56 | 0.54 | 0.62 | 0.79 | 1.21 | 1.20 | 1.16 | 1.18 | 1.27 | 1.10 | 1.30 | ||
| 19.00 | - | - | - | - | - | - | 4.71 | 4.62 | 4.79 | 5.11 | 4.06 | 7.90 | 4.47 | ||
| 330.6% | - | - | - | - | - | - | 35.7% | 49.1% | 6.9% | -31.3% | 27.2% | -49.0% | 61.8% | ||
| 16.5% | 14.0% | 11.4% | 9.6% | -8.6% | -9.8% | -15.6% | 6.2% | 8.7% | 1.2% | -5.1% | 5.4% | -5.5% | 11.3% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on C-EXPRESS
The operating result for 2019 is 6% lower than in 2018.
Debt's share of the balance-sheet total is 95.0%.
- 2018 Staff (FTE) -59% on 2017. The accounts now follow the abbreviated format, last year the micro format.
Board & ownership
Curator
1 mandateControl
Capital
- Capital
- €6,200
- Source
- 2019 annual accounts
Owners through the years
as the annual accounts name themOwners as a list
- Collitax
Source: lists of holdings in the owners' accounts
Timeline
Timeline
35 events since 1999
Registered office moved within AalterNew registered office: Zuidleiestraat 14 F te 9880 Aalter · Previous registered office: Venecolaan 15 te 9880 Aalter · General meeting of 01-10-20192 points ▸
- General meeting, 01-10-2019
- Registered-office move, Zuidleiestraat 14 F te 9880 Aalter
Company renamed from Collitax Express to C-ExpressRegistered office moved from Evergem to Aalter · New registered office: Venecolaan 15, 9880 Aalter · Previous registered office: Finlandstraat 1, 9940 Evergem · General meeting of 31-08-20184 points ▸
- General meeting, 31-08-2018
- Name change, C-Express
- Registered-office move, Venecolaan 15, 9880 Aalter
- Power of attorney, Bart Van de Keere
- The deed holds 1 more point.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Buildings and parcels at the address
- Ground area
- 9,714 m²
- Buildings
- 5,150 m²
- Volume, LiDAR
- 38,275 m³
- Tallest building
- 8.9 m
Inactive since July 2026
C-EXPRESS has not been in the KBO register since 1 July 2026.
- Status
- Inactiveout of the register since 1 July 2026
- Reason
- Bankruptcy opened
- Last annual accounts
- financial year to 31 December 2019
- Last registered office
- Zuidleiestraat 14F, 9880 Aalteras published on 27 August 2021
- Legal form
- Private limited company (pre-2019)
- Active since
- 15 September 1999
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44001B0004/00L000 | 9,714 m² | 1 · 5,150 m² | 8.9 m · 2 |