EGYPCOTRANS
InactiveEGYPCOTRANS was declared bankrupt on 30-05-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 16-12-2025, published in the Belgian State Gazette on 23-12-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three 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 30-11-2023, 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 · 3 filingsPosition against the passed deadline
30-11-2023 close30-06-2024 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2022 was due by 30-06-2023 and was filed on 29-06-2023, 1 day ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
1 d early
2021
340 d late
2020
50 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€36k▲ 65.9%
2021 · €21k
2020: €16k
2021: €21k
2020 → 2022
Total assets
€81k▲ 35.8%
2021 · €60k
2020: €79k
2021: €60k
2020 → 2022
Net result
€14k▲ 173%
2021 · €5k
2020: €4k
2021: €5k
2020 → 2022
Working capital
€39k▲ 192%
2021 · €13k
2020: €7k
2021: €13k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Equity€16k-€21k▲ 31.8%€36k▲ 65.9%
Operating result€11k-€7k▼ 31.0%€18k▲ 151%
Net result€4k-€5k▲ 33.2%€14k▲ 173%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 151% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €81k
Fixed assets
€2k ▼ 81.6%
Current assets
€79k ▲ 67.5%
Equity and liabilities €81k
Equity
€36k ▲ 65.9%
Debt
€45k ▲ 18.9%
Debt's share of the balance-sheet total falls from 64.0% to 56.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29k▲
2021 · €22k
Cash flow
€24k▲
2021 · €19k
Current ratio
1.97▲
2021 · 1.39
Debt to equity
1.28▼
2021 · 1.78
ROE
39.7%▲
2021 · 24.1%
ROA
17.5%▲
2021 · 8.7%
Interest coverage
16.50▲
2021 · 12.34
Debt ≤ 1 year
€40k▲
2021 · €34k
Debt > 1 year
€2k=
2021 · €2k
Income taxes
€4k▲
2021 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 48 lines
Balance sheet
Code20212022
Assets
Total assets20/58€60k€81k▲
Fixed assets21/28€13k€2k▼
Tangible fixed assets22/27€13k€2k▼
Leasing and similar rights25€13k€2k▼
Financial fixed assets28€40€40=
Current assets29/58€47k€79k▲
Amounts receivable after more than one year29€28k€28k=
Trade receivables290€28k€28k=
Amounts receivable within one year40/41€17k€49k▲
Trade receivables40€9k€11k▲
Other amounts receivable41€9k€38k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€60k€81k▲
Equity10/15€21k€36k▲
Contributions10/11€12k€12k=
Reserves13€9k€23k▲
Distributable reserves133€9k€23k▲
Profit (loss) carried forward14€53€91▲
Amounts payable17/49€38k€45k▲
Amounts payable after more than one year17€2k€2k=
Financial debts170/4€2k€2k=
Amounts payable within one year42/48€34k€40k▲
Current portion of amounts payable after more than one year42€17k€13k▼
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€12k€18k▲
Suppliers440/4€12k€18k▲
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€5k▲
Other amounts payable47/48€3k€55▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20212022
Non-recurring operating income76A€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€10k▼
Other operating charges640/8€4k€5k▲
Gross operating margin9900€26k€34k▲
Operating profit (loss)9901€7k€18k▲
Financial income75/76B€860€1k▲
Recurring financial income75€860€1k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€6k€18k▲
Income taxes67/77€1k€4k▲
Profit (loss) for the period9904€5k€14k▲
Profit (loss) for the period to be appropriated9905€5k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€14k▲
Profit (loss) brought forward from the previous period14P€4k€53▼
Transfer to equity691/2€9k€14k▲
To other reserves6921€9k€14k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · EGYPCOT- RANS BV GIJSSELSSTRAAT 77/4, 2140 BORGERHOUT (ANTWER- PEN) · event 16-12-2025
2024
07-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · EGYPCOTRANS BV GIJSSELS- STRAAT 77/4, 2140 BORGERHOUT (ANTWERPEN) · event 30-05-2024
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
05-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 340 days late
2022
30-11
Financial
Highest result since 2020net €14k ▲173%
Operating result €18k, net result €14k, both a record.
2021
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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 | GREGORY BRUNEEL MUSEUMSTRAAT 31-33,
2000 ANTWERPEN 1 |
30-05-2024 → 16-12-2025 |