DK EXPRESS
Open bankruptcyA bankruptcy procedure is open for DK EXPRESS according to publications in the Belgian State Gazette; curator: ELEONORE WESTERLINCK.
Summary
The 2021 annual accounts show negative equity (-€51,112) and a net result of -€45,121.
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 Walloon Brabant
- Declared bankrupt
- 17 October 2024
- Supervising judge
- Eric De Volder
- Official Gazette
- 24-10-2024 (pdf) ↗search the document for 2024/140686
Curator
- Eleonore WesterlinckRue De Saint Ghis- Lain 11, 1348 Louvain-La-Neuveew@westerlinck.com
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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. Full guide for creditors
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check How is the Non-specialised retail sale with food, beverages or tobacco predominating sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, full schema
Turnover
€362,981▲ 164%
2020 · €137,453
EBIT margin
-12.1%=
2020 · -12.1%
Net result
-€45,121▼ 155%
2020 · -€17,666
Working capital
-€100,848▼ 154%
2020 · -€39,650
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
Line2018201920202021
Turnover€358,222-€345,821▼ 3.5%€137,453▼ 60.3%€362,981▲ 164%
Operating result-€21,445--€14,239▲ 33.6%-€16,627▼ 16.8%-€44,016▼ 165%
Net result-€3,103--€67,852▼ 2,087%-€17,666▲ 74.0%-€45,121▼ 155%
EBIT margin-6.0%--4.1%▲ 1.9pp-12.1%▼ 8.0pp-12.1%=
Equity-€3,274-€11,674-€5,992-€51,112▼ 753%
Total assets€191,984-€94,598▼ 50.7%€94,690▲ 0.1%€95,116▲ 0.5%
Debt€195,259-€82,925▼ 57.5%€100,682▲ 21.4%€146,228▲ 45.2%
Working capital-€32,861--€12,184▲ 62.9%-€39,650▼ 225%-€100,848▼ 154%
Staff (FTE)54▼ 20.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €44,016 in 2021 against €16,627 in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €95,116
Fixed assets
€53,121 ▲ 57.8%
Current assets
€41,995 ▼ 31.2%
Key figures and ratios
EBITDA
-€30,014▼
2020 · -€8,135
Cash flow
-€31,119▼
2020 · -€9,174
Solvency
-53.7%▼
2020 · -6.3%
Current ratio
0.29▼
2020 · 0.61
Quick ratio
0.16▼
2020 · 0.37
Debt to equity
-2.86▲
2020 · -16.80
ROA
-47.4%▼
2020 · -18.7%
Interest coverage
-27.16▼
2020 · -6.92
Debt ≤ 1 year
€142,843▲
2020 · €100,682
Staff costs
€82,517▲
2020 · €13,325
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | €358,222 | €345,821 | €137,453 | €362,981 | ▲ 164% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €127,216 | €297,089 | ▲ 134% |
| Remuneration, social security and pensions62 | - | - | €13,325 | €82,517 | ▲ 519% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,788 | €7,265 | €8,492 | €14,002 | ▲ 64.9% |
| Other operating charges640/8 | - | - | €4,798 | €4,824 | ▲ 0.5% |
| Non-recurring operating charges66A | - | - | €250 | €8,565 | ▲ 3,326% |
| Gross operating margin9900 | €21,215 | €16,937 | €10,237 | €65,892 | ▲ 544% |
| Operating profit (loss)9901 | -€21,445 | -€14,239 | -€16,627 | -€44,016 | ▼ 165% |
| Financial income75/76B | - | - | €138 | - | - |
| Recurring financial income75 | - | - | €138 | - | - |
| Financial charges65/66B | - | - | €1,176 | €1,105 | ▼ 6.1% |
| Recurring financial charges65 | €319 | €323 | €1,176 | €1,105 | ▼ 6.1% |
| Profit (loss) for the period before taxes9903 | -€22,284 | -€63,982 | -€17,666 | -€45,121 | ▼ 155% |
| Income taxes67/77 | -€19,181 | €3,870 | - | - | - |
| Profit (loss) for the period9904 | -€3,103 | -€67,852 | -€17,666 | -€45,121 | ▼ 155% |
| Profit (loss) for the period to be appropriated9905 | -€3,103 | -€67,852 | -€17,666 | -€45,121 | ▼ 155% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €191,984 | €94,598 | €94,690 | €95,116 | ▲ 0.5% |
| Fixed assets21/28 | €30,223 | €23,858 | €33,658 | €53,121 | ▲ 57.8% |
| Tangible fixed assets22/27 | €13,594 | €7,229 | €25,130 | €44,592 | ▲ 77.4% |
| Plant, machinery and equipment23 | - | - | €24,762 | €34,597 | ▲ 39.7% |
| Furniture and vehicles24 | - | - | €368 | €9,995 | ▲ 2,615% |
| Financial fixed assets28 | €16,629 | €16,629 | €8,529 | €8,529 | = |
| Current assets29/58 | €161,762 | €70,740 | €61,031 | €41,995 | ▼ 31.2% |
| Stocks and contracts in progress3 | €127,820 | €43,400 | €23,980 | €19,390 | ▼ 19.1% |
| Stocks30/36 | - | - | €23,980 | €19,390 | ▼ 19.1% |
| Amounts receivable within one year40/41 | €22,129 | €15,939 | €12,863 | €4,299 | ▼ 66.6% |
| Other amounts receivable41 | - | - | €12,863 | €4,299 | ▼ 66.6% |
| Cash at bank and in hand54/58 | €8,720 | €8,517 | €18,346 | €13,785 | ▼ 24.9% |
| Deferred charges and accrued income490/1 | - | - | €5,842 | €4,521 | ▼ 22.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €191,984 | €94,598 | €94,690 | €95,116 | ▲ 0.5% |
| Equity10/15 | -€3,274 | €11,674 | -€5,992 | -€51,112 | ▼ 753% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | - | - | €12,400 | €12,400 | = |
| Issued capital100 | - | - | €12,400 | €12,400 | = |
| Reserves13 | €3,254 | €3,254 | €3,254 | €3,254 | = |
| Non-distributable reserves130/1 | - | - | €3,254 | €3,254 | = |
| Legal reserve130 | - | - | €3,254 | €3,254 | = |
| Profit (loss) carried forward14 | -€18,928 | -€3,980 | -€21,646 | -€66,766 | ▼ 208% |
| Amounts payable17/49 | €195,259 | €82,925 | €100,682 | €146,228 | ▲ 45.2% |
| Amounts payable within one year42/48 | €194,623 | €82,925 | €100,682 | €142,843 | ▲ 41.9% |
| Trade debts44 | €29,996 | €21,324 | €19,192 | €6,975 | ▼ 63.7% |
| Suppliers440/4 | - | - | €19,192 | €6,975 | ▼ 63.7% |
| Taxes, remuneration and social security45 | - | - | €8,521 | €34,465 | ▲ 304% |
| Taxes450/3 | - | - | €817 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | €7,703 | €34,465 | ▲ 347% |
| Other amounts payable47/48 | - | - | €72,969 | €101,403 | ▲ 39.0% |
| Accrued charges and deferred income492/3 | - | - | - | €3,385 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,103 | -€67,852 | -€17,666 | -€45,121 | ▼ 155% |
| + Depreciation and write-downs630 | €7,788 | €7,265 | €8,492 | €14,002 | ▲ 64.9% |
| Operating cash flow (approximation) | €4,685 | -€60,588 | -€9,174 | -€31,119 | ▼ 239% |
| Investment in fixed assets (approximation) | - | -€900 | -€18,292 | -€33,465 | ▼ 82.9% |
| Change in cash | - | -€203 | €9,829 | -€4,561 | ▼ 146% |
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
24-10
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 17-10-2024
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 326 days late
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 690 days late
2021
20-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 173 days late
20-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 539 days late
20-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 904 days late
2019
31-12
Financial
Weakest financial yearnet -€67,852
Net result drops to -€67,852, the lowest in the series.
03-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 855 days late
2015
29-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 29 days late
2014
28-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Waterloo · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Delbar (Théophile) 151410 Waterloo1 establishment unit
DK EXPRESS
since 20122.216.327.957
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ELEONORE WESTERLINCK RUE DE SAINT GHIS-
LAIN 11, 1348 LOUVAIN-LA-NEUVE |
17-10-2024 → present |
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,850. 3,630 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)
Founded28-09-2012
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
56112Limited-service restaurants, excluding mobile food services
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 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.