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C-EXPRESS

Bankruptcy closed Private limited company (pre-2019)KBO/BCE: BE 0466.860.802

Overview

Information for creditors

Enterprise Court of Ghent, Ghent division · Official Gazette of 18-06-2021

Opened 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

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. A court officer sells the business or part of it. Creditors are paid from the proceeds, according to their ranking.
  3. What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
  4. 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.

Follow Follow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.

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 2000
peak €1.9m (2016)
€798,975▼ 20.8%
lowest -€267,346 (2013)
€115,506▼ 6.9%
peak €159,829 (2012)
€34,940▲ €115,506
€663,937▼ 31.4%
peak 34.1 FTE (2015)
14 FTEunchanged
Owners
  
Documentsfilings and deeds
07-08-20207 days late
2019abbreviated format
Gross margin from €1.0m to €798,975Equity from -€80,566 to €34,940Debts from €967,545 to €663,937

Key points

from the 2019 annual accounts, the last ones filed

Debts

€663,937 95% of the balance sheet

Staff

14 FTE from 34.1 in 2015

Between 2015 and 2019, 59% of the full-time equivalents disappeared.

Filings

20 annual accounts since 2000
AprilJune31 JulyOctober2000200520102015

Five of the last ten came late. The 2018 accounts came latest: 373 days after the end of the period.

No score

Recent changes

Bankruptcy closure (by liquidation) Enterprise Court of Ghent, Ghent division · judgment of 30-06-2026 · Bankruptcy
Bankruptcy published Enterprise Court of Ghent, Ghent division · judgment of 30-11-2021 · Bankruptcy
Publication in the Belgian Official Gazette Gazette deed
Extension Enterprise Court of Ghent, Ghent division · court-supervised transfer · judgment of 15-06-2021 · Judicial reorganisation
All 35 events

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
Company details

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
Financials

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 late
€798,975
▼ 20.8%
€121,954
▼ 6.2%
€115,506
▼ 6.9%
-€110,431
▲ €133,659
5.0%
▲ 14.1 percentage points
0.83
▲ 0.09

Turnover 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 31-12-2019
What the company ownsHow it is paid for

in euro

Staff

€39,806

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 698,877886,9791.2m1.4m1.8m2.1m1.7m912,951577,923389,771382,686416,251533,135488,058
21/28 145,371181,518352,781539,672829,8281.1m785,592209,59417,12340,21771,987102,991143,07891,638
21 17,50021,00024,50028,00031,500---------
22/27 22,92751,573235,731496,122781,9681.1m785,592209,59417,12340,06571,835102,839142,92691,576
22 7,4502,00961,58771,85185,07896,330--------
23 6,89004,7129,92818,13324,85610,392----119268447
24 7,77917,72135,84897,21787,788163,469124,72446,97317,12340,06553,40565,86187,36917,411
26 ----37,05643,80650,556-------
28 104,945108,94592,55015,55016,3601,125---15215215215262
29/58 553,506705,461824,953821,342964,146984,205924,449703,356560,799349,554310,700313,261390,057396,420
3 6,634-------------
30/36 6,634-------------
40/41 445,894591,414712,227743,241919,800963,630852,516617,871546,029327,656280,603273,553358,695357,262
40 412,538524,270665,394673,211865,097885,596793,689554,604496,579257,221216,445243,573205,124243,355
41 33,35667,14446,83270,03054,70378,03458,82763,26749,45070,43564,15829,980153,571113,908
54/58 --36,676---70,51585,32713,95013,32622,11018,5834,88421,535
490/1 100,977114,04876,05178,10144,34620,5751,4181588218,5737,98721,12526,47717,623
Balance sheet: equity and liabilities
10/49 698,877886,9791.2m1.4m1.8m2.1m1.7m912,951577,923389,771382,686416,251533,135488,058
10/15 34,940-80,566-204,639-338,756-469,308-314,403-107,517159,829102,84867,36362,68382,31959,90289,242
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 18,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,592
101 12,39212,39212,39212,39212,39212,39212,39212,39212,39212,39212,39212,39212,39212,392
12 --492,622-----------
13 5,6175,6175,6175,6175,6175,6175,6175,6175,6175,6175,6175,6175,6175,617
130 1,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,859
133 3,7583,7583,7583,7583,7583,7583,7583,7583,7583,7583,7583,7583,7583,758
14 23,123-92,383-216,457-350,573-481,125-326,221-119,334148,01291,03155,54550,86670,50148,08577,425
19 --492,622-----------
17/49 663,937967,5451.4m1.7m2.3m2.4m1.8m753,122475,075322,409320,004333,933473,233398,817
17 -17,99385,077233,319463,922761,546619,373171,4374,41419,86355,72087,072117,39390,869
170/4 -17,99385,077233,319463,922761,546619,373171,4374,41419,86355,72087,072117,39390,869
42/48 663,937949,5521.3m1.5m1.8m1.6m1.2m581,685468,757302,546264,284246,861355,839304,566
42 --152,850232,879377,307381,097272,17175,11518,86151,07254,74848,97757,77741,233
43 185,555272,933431,028370,307437,263447,781175,000--7,422--4,727-
430/8 185,555272,933100,000100,000150,000175,000175,000--7,422--4,727-
439 --331,028270,307287,263272,781--------
44 35,194112,013176,261275,982621,413463,245461,859416,198399,600218,845180,437172,783264,236230,677
440/4 35,194112,013176,261275,982621,413463,245461,859416,198399,600218,845180,437172,783264,236230,677
45 443,188564,606537,158587,283346,638277,016243,87090,37334,33625,19928,86924,71627,07721,115
450/3 147,531141,528114,465216,76268,50478,14354,17518,2034,2135,2607,6666,35617,66821,115
454/9 295,657423,078422,693370,521278,134198,873189,69572,17030,12319,93921,20318,3609,409-
47/48 ----16,74018,27119,102-15,96082303852,02211,541
492/3 -----69,81326,183-1,904----3,381
Income statement
76A --1.6m-21,9719,0111,31613,2312722,2599,597-5003,758
9900 798,9751.0m1.4m1.9m1.7m1.7m1.9m519,027317,991234,084190,767260,18699,622123,811
62 557,286693,724928,2951.4m1.5m1.5m1.0m352,090193,639167,829151,713133,32663,365-
630 65,369109,774278,534303,013278,281327,3501.1m75,27227,24547,09054,72340,08741,67132,491
631/4 ----------5,485-5,485-9,686-
640/8 54,36675,39786,12475,58747,12461,74737,73510,83227,47412,7897,7926,68916,2937,253
66A ----15,61221,728-4,667---41,1425,200-
9901 121,954129,977106,073184,033-104,359-136,071-238,72180,83369,63411,861-23,46174,599-12,02184,066
75/76B 3238870,55410750310,4242,9402072,5684713,5262,302402136
75 3238870,55410750310,4242,9402072,5684713,5262,302402136
65/66B 6,7725,99142,51053,58857,13968,06332,50110,15912,1869,9109,29813,34311,5848,876
65 6,7725,99142,51053,58857,13968,06332,50110,15912,1869,9109,29813,34311,5848,876
9903 115,506124,073134,116130,552-154,637-206,427-266,96579,44560,2884,680-19,63622,416-27,90379,084
67/77 ----26845938122,4649,802---1,43623,924
9904 115,506124,073134,116130,552-154,905-206,886-267,34656,98150,4864,680-19,63622,416-29,33955,161
9905 115,506124,073134,116130,552-154,905-206,886-267,34656,98150,4864,680-19,63622,416-29,33955,161
Appropriation of the result
9906 23,123-92,383-216,457-350,573-481,125-326,221-119,334148,012106,03155,54550,86670,50148,08581,182
691/2 -------------3,758
6921 -------------3,758
694/7 --------15,000-----
695 --------15,000-----
Social balance sheet
9087 141434.134.134.130.122.87.14.34.243.51.4-
Hours worked1013 24,83024,64064,78564,78564,78562,12545,76616,3929,1408,0306,4045,9502,280-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

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.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2019 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 PDF
31-12-2018 abbreviated format 07-08-2020 2020-39800254 PDF
31-12-2017 micro format 23-04-2019 2019-10300220 PDF
31-12-2016 abbreviated format 20-07-2017 2017-33100228 PDF
31-12-2015 abbreviated format 29-07-2016 2016-38200124 PDF
31-12-2014 abbreviated format 12-06-2015 2015-16500485 PDF
31-12-2013 abbreviated format 08-08-2014 2014-40900387 PDF
31-12-2012 abbreviated format 09-08-2013 2013-41200592 PDF
31-12-2011 abbreviated format 22-06-2012 2012-20800409 PDF
31-12-2010 abbreviated format 30-06-2011 2011-23800117 PDF
31-12-2009 abbreviated format 25-06-2010 2010-21600015 PDF
31-12-2008 abbreviated format 08-07-2009 2009-38800101 PDF
31-12-2007 abbreviated format 12-07-2008 2008-41000205 PDF
31-12-2006 abbreviated format 22-06-2007 2007-27200139 PDF
31-12-2005 abbreviated format 21-06-2006 2006-29000071 PDF
31-12-2004 abbreviated format 15-06-2005 2005-26501046 PDF
30-09-2003 abbreviated format 25-03-2004 2004-08601318 PDF
30-09-2002 abbreviated format 28-04-2003 2003-12202395 PDF
30-09-2001 abbreviated format 15-03-2002 2002-06702257 PDF
30-09-2000 abbreviated format 11-04-2001 2001-09504923 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20192018201720162015201420132012201120102009200820072006
187,324239,751384,606487,046173,923191,280841,760156,10596,87958,95131,262114,68629,650116,557
180,875233,847412,650433,565123,377120,464813,134132,25377,73051,77035,08762,50312,33287,651
33,22316,39518,14212,85780,140727,5971.7m274,4104,30320,00123,7190100,31192,893
-------14,81271,377625-8,7843,52713,699-16,650-
-110,431-244,090-472,343-645,109-835,214-603,205-247,553121,67192,04347,00846,41666,40034,21791,853
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%
0.830.740.640.560.540.620.791.211.201.161.181.271.101.30
0.820.740.640.560.540.620.791.211.201.161.181.271.101.30
19.00------4.714.624.795.114.067.904.47
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%.

Large changes and their cause
  • 2018 Staff (FTE) -59% on 2017. The accounts now follow the abbreviated format, last year the micro format.

Board & ownership

Curator

1 mandate
Curator, Bruul 27, 9630 11 Zwalm
from 30-11-2021 to 30-06-2026
Also on 110 other cases

Control

Shareholder in 2017
50%
This company
C-EXPRESS
Equity €34,940
Profit €115,506 in 2019

Capital

Capital
€6,200
Source
2019 annual accounts

Owners through the years

as the annual accounts name them
Owners as a list

Source: lists of holdings in the owners' accounts

Office holders in the KBO →

Timeline

Timeline

35 events since 1999
2026
Bankruptcy closure (by liquidation) Enterprise Court of Ghent, Ghent division · judgment of 30-06-2026
2021
Bankruptcy published Enterprise Court of Ghent, Ghent division · judgment of 30-11-2021
Publication in the Belgian Official Gazette PDF
Extension Enterprise Court of Ghent, Ghent division · court-supervised transfer · judgment of 15-06-2021
2020
Annual accounts 2018 filed PDFabbreviated format · 373 days late
Annual accounts 2019 filed PDFabbreviated format · 7 days late
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

Open the deed in the Belgian Official Gazette

2019
Annual accounts 2017 filed PDFmicro format · 266 days late
2018
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.

Open the deed in the Belgian Official Gazette

Deed on the end
2017
Highest result from 2006 to 2019 net €134,116 ▲2.7% The net result of €134,116 is the highest of those years.
Annual accounts 2016 filed PDFabbreviated format · 11 days before the deadline
2016
Back to profit net €130,552 The net result is €130,552, after 3 loss-making years.
Annual accounts 2015 filed PDFabbreviated format · 2 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 49 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 8 days late
2013
Weakest financial year net -€267,346 The net result drops to -€267,346, the lowest from 2006 to 2019.
Annual accounts 2012 filed PDFabbreviated format · 9 days late
2012
Equity above €150,000 equity €159,829 ▲55.4% After 3 profitable years in a row, equity reaches €159,829.
Annual accounts 2011 filed PDFabbreviated format · 39 days before the deadline
2011
Equity above €100,000 equity €102,848 ▲52.7% After 2 profitable years in a row, equity reaches €102,848.
Annual accounts 2010 filed PDFabbreviated format · 31 days before the deadline
2010
Back to profit net €4,680 The net result is €4,680, after one loss-making year.
Annual accounts 2009 filed PDFabbreviated format · 36 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 23 days before the deadline
2008
Back to profit net €22,416 The net result is €22,416, after one loss-making year.
Annual accounts 2007 filed PDFabbreviated format · 19 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 39 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
1999
Incorporation 20 publications in the Belgian Official Gazette, the last on 27-08-2021 · published on 25-09-1999

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

In 2018 the company took the name C-Express.1 The registered office was moved to Aalter in 2018.1 C-EXPRESS was declared bankrupt on 30 November 2021. The bankruptcy was closed on 30 June 2026.23

  1. 1Belgian Official Gazette, 31-08-2018
  2. 2Belgian Official Gazette, 09-12-2021
  3. 3Belgian Official Gazette, 08-07-2026

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
Buildings to scale, each on its own parcel
5,150 m², 8.9 m 5,150 m², 8.9 m
Inactive

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
Official KBO record

Location

exact location from the address register On OpenStreetMap

Parcels

Cadastral parcelArea Buildings Height / floors
44001B0004/00L0009,714 m² 1 · 5,150 m² 8.9 m · 2