ET LUXURY DRIVE
Open bankruptcyA bankruptcy procedure is open for ET LUXURY DRIVE according to publications in the Belgian State Gazette; curator: Dirk DE MAESENEER.
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 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 · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 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 30-08-2023, 30 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
30 d late
2021
201 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€7k▲ 16.9%
2021 · €6k
2021: €6k
2021 → 2022
Total assets
€37k▲ 520%
2021 · €6k
2021: €6k
2021 → 2022
Net result
€1k
2021 · €-72
2021: €-72
2021 → 2022
Working capital
€663
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Equity€6k-€7k▲ 16.9%
Operating result€3k
Net result€-72-€1k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
2022 is the only fiscal year with figures: the operating result is €3k.
Balance-sheet composition
Assets €37k
Fixed assets
€6k
Current assets
€30k
Equity and liabilities €37k
Equity
€7k
Debt
€30k
Debt finances 81.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€5k
Cash flow
€4k
Current ratio
1.02
Debt to equity
4.30
ROE
14.5%▲
2021 · -1.2%
ROA
2.7%▲
2021 · -1.2%
Interest coverage
3.89
Debt ≤ 1 year
€30k
Income taxes
€311
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 · 35 lines
Balance sheet
Code20212022
Assets
Total assets20/58€6k€37k▲
Fixed assets21/28-€6k
Tangible fixed assets22/27-€6k
Furniture and vehicles24-€6k
Current assets29/58€6k€30k▲
Amounts receivable within one year40/41€6k€29k▲
Trade receivables40€6k€29k▲
Other amounts receivable41€250-
Cash at bank and in hand54/58€19€1k▲
Deferred charges and accrued income490/1-€82
Equity and liabilities
Total equity and liabilities10/49€6k€37k▲
Equity10/15€6k€7k▲
Contributions10/11€6k€6k=
Capital10€6k-
Issued capital100€6k-
Profit (loss) carried forward14€-72€932▲
Amounts payable17/49-€30k
Amounts payable within one year42/48-€30k
Trade debts44-€10k
Suppliers440/4-€10k
Taxes, remuneration and social security45-€4k
Taxes450/3-€4k
Other amounts payable47/48-€15k
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8-€2k
Gross operating margin9900-€7k
Operating profit (loss)9901-€3k
Financial charges65/66B€72€1k▲
Recurring financial charges65€72€1k▲
Profit (loss) for the period before taxes9903€-72€1k▲
Income taxes67/77-€311
Profit (loss) for the period9904€-72€1k▲
Profit (loss) for the period to be appropriated9905€-72€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-72€932▲
Profit (loss) brought forward from the previous period14P-€-72
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
21-10
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · ET LUXURY DRIVE BV STEENWEG OP MECHELEN 455/B1, 1950 KRAAINEM · event 15-10-2024
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
17-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 201 days late
2022
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
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 | Dirk DE MAESENEER PEGASUSLAAN 5, 1831 DIEGEM- |
15-10-2024 → present |