EFE GROUP
Open bankruptcyA bankruptcy procedure is open for EFE GROUP according to publications in the Belgian State Gazette; curator: PHILIP RAUTER. The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €731k and a net result of €339k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 25-04-2024, 5 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
5 d early
2022
138 d early
2021
4 d early
2020
18 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2023, micro schema
Equity
€731k▲ 86.4%
2022 · €392k
2020: €57k
2021: €218k
2022: €392k
2020 → 2023
Total assets
€994k▲ 34.8%
2022 · €737k
2020: €115k
2021: €377k
2022: €737k
2020 → 2023
Net result
€339k▲ 101%
2022 · €169k
2020: €39k
2021: €161k
2022: €169k
2020 → 2023
Working capital
€506k▲ 95.1%
2022 · €260k
2020: €56k
2021: €181k
2022: €260k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Equity€57k-€218k▲ 282%€392k▲ 79.7%€731k▲ 86.4%
Operating result€39k-€163k▲ 324%€187k▲ 14.6%€397k▲ 112%
Net result€39k-€161k▲ 318%€169k▲ 4.8%€339k▲ 101%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2023 is 112% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €994k
Fixed assets
€319k▲ 4.0%
Current assets
€674k▲ 56.9%
Equity and liabilities €994k
Equity
€731k▲ 86.4%
Debt
€262k▼ 23.8%
The debt ratio falls from 46.8% to 26.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€499k▲
2022 · €259k
Cash flow
€441k▲
2022 · €240k
Solvency
73.6%▲
2022 · 53.2%
Current ratio
4.01▲
2022 · 2.52
Quick ratio
4.01▲
2022 · 2.52
Debt / equity
0.36▼
2022 · 0.88
ROE
46.4%▲
2022 · 43.1%
ROA
34.1%▲
2022 · 22.9%
Interest coverage
42.26▼
2022 · 137.95
Debt
€262k▼
2022 · €345k
Debt ≤ 1 year
€168k▼
2022 · €170k
Debt > 1 year
€94k▼
2022 · €174k
Income taxes
€46k▲
2022 · €17k
Staff costs
€463k▲
2022 · €176k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€737k€994k▲
Fixed assets21/28€307k€319k▲
Tangible fixed assets22/27€307k€319k▲
Plant, machinery and equipment23€2k€795▼
Furniture and vehicles24€198k€238k▲
Leasing and similar rights25€107k€80k▼
Current assets29/58€430k€674k▲
Amounts receivable within one year40/41€333k€613k▲
Trade receivables40€143k€374k▲
Other amounts receivable41€190k€239k▲
Cash at bank and in hand54/58€84k€48k▼
Deferred charges and accrued income490/1€13k€13k=
Equity and liabilities
Total equity and liabilities10/49€737k€994k▲
Equity10/15€392k€731k▲
Contributions10/11€24k€24k=
Capital10€24k€24k=
Issued capital100€24k€24k=
Profit (loss) carried forward14€369k€708k▲
Amounts payable17/49€345k€262k▼
Amounts payable after more than one year17€174k€94k▼
Financial debts170/4€174k€94k▼
Amounts payable within one year42/48€170k€168k▼
Current portion of amounts payable after more than one year42€81k€80k▼
Financial debts43€10k€10k=
Credit institutions430/8€10k€10k=
Trade debts44€22k€20k▼
Suppliers440/4€22k€20k▼
Taxes, remuneration and social security45€57k€58k▲
Taxes450/3€51k€58k▲
Remuneration and social security454/9€6k-
Income statement
Code20222023
Remuneration, social security and pensions62€176k€463k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€71k€102k▲
Other operating charges640/8€11k€14k▲
Gross operating margin9900€445k€975k▲
Operating profit (loss)9901€187k€397k▲
Financial charges65/66B€2k€12k▲
Recurring financial charges65€2k€12k▲
Profit (loss) for the period before taxes9903€185k€385k▲
Income taxes67/77€17k€46k▲
Profit (loss) for the period9904€169k€339k▲
Profit (loss) for the period to be appropriated9905€169k€339k▲
Appropriation of the result
Profit (loss) to be appropriated9906€369k€708k▲
Profit (loss) brought forward from the previous period14P€200k€369k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
23-02
KBO administration
Address struck
2025
19-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · EFE GROUP BVBA BRUSSEL- STRAAT 51, 2018 ANTWERPEN 1 · event 13-11-2025
2024
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2020net €339k ▲101%
Operating result €397k, net result €339k, both a record.
30-09
Financial
Equity above €500kEq €731k ▲86.4%
4 profitable years in a row build equity to €731k.
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Equity above €200kEq €218k ▲282%
2 profitable years in a row build equity to €218k.
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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
1 establishment unit since 2019
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.
Ground area
658 m²
Building footprint
483 m²
Volume, LiDAR
9,932 m³
2 parcels, Flanders · tallest building 30.0 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Belgiëlei 5, 2018 Antwerpen
since 20192.296.794.704
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1225/00W030 | Flanders | 397 m² | 1 · 222 m² | 30.0 m · 9 fl. |
| 11811L3838/00N000 | Flanders | 261 m² | 1 · 261 m² | 22.5 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PHILIP RAUTER KAPUCINESSENSTRAAT 13,
2000 ANTWERPEN 1 |
13-11-2025 → present |
Public money · subsidies and aid
Flemish government
2023 to 2024 · 3 entries · 3,248 EUR awarded · 3,248 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 248 EUR |
| 2023 | 2 | 3,248 EUR | 3,000 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
CORVA TRANS
BE 0469.692.608
Vleteren · Eq €731k
Decetrans
BE 0407.073.762
Olen · Eq €731k
VANOTRANS
BE 0462.216.381
Kruisem · Eq €732k
B.P.M.
BE 0477.732.324
Couvin · Eq €728k
S.D.S. TRANSPORT
BE 0451.455.618
Staden · Eq €735k
Of 12,606 companies in sector 49410 we hold annual accounts for 8,203. 4,648 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-04-2019
Fiscal year end30-09
Activities, NACEBEL
49410Freight transport by road
46711Wholesale of cars and light vans (up to 3.5 tonnes)
45112
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.