DV BUS & COACH
InactiveDV BUS & COACH was declared bankrupt on 04-12-2023 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed for insufficient assets by judgment of 27-01-2025, published in the Belgian State Gazette on 30-01-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 09-10-2023, 70 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
70 d late
2021
25 d late
2020
19 d early
2019
115 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Equity
€-1.25M▲ 29.5%
2021 · €-1.77M
2018: €-130k
2019: €-1.19M
2020: €-1.63M
2021: €-1.77M
2018 → 2022
Total assets
€588k▼ 15.8%
2021 · €698k
2018: €2.38M
2019: €1.71M
2020: €782k
2021: €698k
2018 → 2022
Net result
€523k
2021 · €-145k
2018: €-392k
2019: €-1.07M
2020: €-431k
2021: €-145k
2018 → 2022
Working capital
€-971k▲ 18.4%
2021 · €-1.19M
2018: €-240k
2019: €-824k
2020: €-1.24M
2021: €-1.19M
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€-130k-€-1.19M▼ 822%€-1.63M▼ 36.0%€-1.77M▼ 8.9%€-1.25M▲ 29.5%
Operating result€-368k-€-981k▼ 167%€-402k▲ 59.0%€-84k▲ 79.1%€-535k▼ 538%
Net result€-392k-€-1.07M▼ 172%€-431k▲ 59.6%€-145k▲ 66.3%€523k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €535k in 2022 against €84k in 2021; the loss grows.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €588k
Fixed assets
€7k▼ 43.7%
Current assets
€581k▼ 15.3%
Key figures and ratios
EBITDA
€-530k▼
2021 · €-77k
Cash flow
€528k▲
2021 · €-139k
Solvency
-212.1%▲
2021 · -253.5%
Current ratio
0.37▲
2021 · 0.37
Quick ratio
0.37▲
2021 · 0.13
Debt / equity
-1.47▼
2021 · -1.39
ROA
88.8%▲
2021 · -20.8%
Interest coverage
-4.67▼
2021 · -1.11
Debt
€1.84M▼
2021 · €2.47M
Debt ≤ 1 year
€1.55M▼
2021 · €1.88M
Debt > 1 year
€283k▼
2021 · €590k
Income taxes
€418▲
2021 · €411
Staff costs
€166k▲
2021 · €162k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€698k€588k▼
Fixed assets21/28€12k€7k▼
Intangible fixed assets21€8k€5k▼
Tangible fixed assets22/27€5k€2k▼
Land and buildings22€2k€1k▼
Plant, machinery and equipment23€3k€1k▼
Current assets29/58€686k€581k▼
Amounts receivable after more than one year29€2k-
Other amounts receivable291€2k-
Stocks and contracts in progress3€450k-
Contracts in progress37€450k-
Amounts receivable within one year40/41€127k€549k▲
Trade receivables40€115k€549k▲
Other amounts receivable41€12k-
Cash at bank and in hand54/58€97k€31k▼
Deferred charges and accrued income490/1€10k€2k▼
Equity and liabilities
Total equity and liabilities10/49€698k€588k▼
Equity10/15€-1.77M€-1.25M▲
Contributions10/11€237k€237k=
Reserves13€25k€25k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€22k€22k=
Profit (loss) carried forward14€-2.03M€-1.51M▲
Amounts payable17/49€2.47M€1.84M▼
Amounts payable after more than one year17€590k€283k▼
Financial debts170/4€590k€283k▼
Amounts payable within one year42/48€1.88M€1.55M▼
Current portion of amounts payable after more than one year42€870k€985k▲
Financial debts43-€32k
Credit institutions430/8-€32k
Trade debts44€122k€431k▲
Suppliers440/4€122k€431k▲
Advances received on contracts in progress46-€45k
Taxes, remuneration and social security45€27k€38k▲
Taxes450/3€8k€18k▲
Remuneration and social security454/9€20k€20k▲
Other amounts payable47/48€857k€21k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20212022
Non-recurring operating income76A-€18k
Remuneration, social security and pensions62€162k€166k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€5k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€552-
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€88k€273▼
Gross operating margin9900€175k€-362k▼
Operating profit (loss)9901€-84k€-535k▼
Financial income75/76B€9k€1.17M▲
Recurring financial income75€9k€94▼
Non-recurring financial income76B-€1.17M
Financial charges65/66B€70k€113k▲
Recurring financial charges65€70k€113k▲
Profit (loss) for the period before taxes9903€-145k€523k▲
Income taxes67/77€411€418▲
Profit (loss) for the period9904€-145k€523k▲
Profit (loss) for the period to be appropriated9905€-145k€523k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2.03M€-1.51M▲
Profit (loss) brought forward from the previous period14P€-1.89M€-2.03M▼
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · DV BUS & COACH BV MOTSTRAAT 60 B, 2800 MECHELEN · event 27-01-2025
2023
11-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · DV BUS & COACH BV MOT- STRAAT 60 B, 2800 MECHELEN · event 04-12-2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
2022
31-12
Financial
Back to profitnet €523k
Net result €523k after 4 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
23-06
Judicial reorganisation
Opening
Ondernemingsrechtbank Antwerpen · collectif · event 20-06-2022
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 115 days late
2019
31-12
Financial
Weakest financial yearnet €-1.07M
Net result drops to €-1.07M, the lowest in the series.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
13-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
03-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 64 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEROEN PINOY CELLEBROEDERSSTRAAT 13,
2800 MECHELEN |
04-12-2023 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 4,500 EUR awarded · 4,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 4,500 EUR | 4,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)