EXPRESS
Overview
Lifetime
1 annual account with figurespeak €29,672 (2020)
€29,672
peak €21,050 (2020)
€21,050
peak €61,971 (2020)
€61,971
€10,683
Board2 names since 2018
-
Documentsfilings and deeds
30-07-20211 day before the deadline
2020micro format
First year with figures
No score
Recent changes
Bankruptcy closure (insufficient assets)
Enterprise Court of Antwerp, Antwerp division · judgment of 08-10-2024 · Bankruptcy
Bankruptcy published
Enterprise Court of Antwerp, Antwerp division · judgment of 26-10-2023 · Bankruptcy
New manager
Yavuz Ayla appointed, Karakuzu Sabahattin resigned · General meeting of 01-07-2019 · Gazette deed
Incorporation
Founder: KARAKUZU Sabahattin · 100 shares · Appointment: KARAKUZU Sabahattin (manager) · Gazette deed
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 30-11-2018 · bankruptcy closed on 08-10-2024
- Activity
- “Snackbar, horeca, tuinbouw, inpak, bouwwerken, elektriciteit, electronica” (deed in Dutch)From the articles, 4 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2020
- €29,672
- ≈ €120,000estimated
- €21,050
- €61,971
- €72,654
- Filing
- Filed on 30-07-2021
Insights on EXPRESS
On 26 October 2023 the court declared EXPRESS bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2020
micro format, filed on 30-07-2021, 1 day before the deadline€29,672
€21,050
€21,050
€57,903
85.3%
6.42
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €72,000 and €210,000.
Balance sheet
balance sheet total €72,654 on 31-12-2020What the company ownsHow it is paid for
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2020 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
72,654 | |
21/28 |
4,068 | |
22/27 |
4,068 | |
23 |
4,068 | |
29/58 |
68,586 | |
3 |
56,433 | |
30/36 |
56,433 | |
40/41 |
1,485 | |
40 |
1,485 | |
54/58 |
10,668 | |
| Balance sheet: equity and liabilities | ||
10/49 |
72,654 | |
10/15 |
61,971 | |
10/11 |
18,549 | |
100 |
18,549 | |
14 |
43,422 | |
17/49 |
10,683 | |
42/48 |
10,683 | |
44 |
10,033 | |
440/4 |
10,033 | |
45 |
650 | |
450/3 |
650 | |
| Income statement | ||
9900 |
29,672 | |
62 |
7,888 | |
640/8 |
734 | |
9901 |
21,050 | |
9903 |
21,050 | |
9904 |
21,050 | |
9905 |
21,050 | |
| Appropriation of the result | ||
9906 |
43,422 | |
| Document | ||
Source: Annual accounts 2020 (PDF), filed on 30-07-2021.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | micro format | 30-07-2021 | 2021-45100549 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2020 |
|---|---|---|
| 2,034 | ||
| 57,903 | ||
| 85.3% | ||
| 6.42 | ||
| 1.14 | ||
| 0.17 | ||
| 34.0% | ||
| 29.0% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on EXPRESS
Debt's share of the balance-sheet total is 14.7%.
Board & ownership
Curator
1 mandateCurator, Heidebaan 130 E, 9100 Sint- Niklaas
from 26-10-2023 to 08-10-2024
Also on 188 other cases
Mandates through the years
2 names, the dashed line is todayYavuz Ayla
Manager
Manager
KARAKUZU Sabahattin
Manager (not named in the articles)
Manager (not named in the articles)
Earlierend not datedBankruptcy 26-10-2023
Mandates as a list
- Yavuz Ayla
- Manager, appointed by deed of 24-07-2019, last mentioned in 2019
- KARAKUZU Sabahattin
- Manager (not named in the articles), appointed by deed of 30-11-2018, until 01-07-2019
- Manager (not named in the articles), appointed by deed of 30-11-2018, last mentioned in 2018
Control
Capital
- Capital
- €18,549
- Source
- 2020 annual accounts
Articles of association
deed of 30-11-2018 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of May at 18:00
Founder
At incorporation
deed of 30-11-2018 ↗
- KARAKUZU Sabahattin sole founder · 100% at incorporation
Timeline
Timeline
5 events since 2018Board
Filings
Insolvency
20182020202220242026
2024
Bankruptcy closure (insufficient assets) Enterprise Court of Antwerp, Antwerp division · judgment of 08-10-2024
2023
Bankruptcy published Enterprise Court of Antwerp, Antwerp division · judgment of 26-10-2023
2021
Annual accounts 2020 filed PDFmicro format · 1 day before the deadline
2019
New managerYavuz Ayla appointed, Karakuzu Sabahattin resigned · General meeting of 01-07-20193 points ▸
- General meeting, 01-07-2019
- Director resignation, Karakuzu Sabahattin (manager)
- Director appointment, Yavuz Ayla (manager)
2018
IncorporationFounder: KARAKUZU Sabahattin · 100 shares · Appointment: KARAKUZU Sabahattin (manager)5 points ▸
- Founder, KARAKUZU Sabahattin
- 100 shares
- Capital, €18,549, 100 shares
- Director appointment, KARAKUZU Sabahattin (manager (not named in the articles))
- Registered office clause, VII Olympiadelaan 121, 2020 Antwerpen
- The deed holds 5 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Purpose, financial year and meetings according to the articles of association
Name, seat, purpose and duration
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Snackbar, horeca, tuinbouw, inpak, bouwwerken, elektriciteit, electronica; Alle handel, import en export in dat verband; Alle industriële…”
4 activities
- Snackbar, horeca, tuinbouw, inpak, bouwwerken, elektriciteit, electronica
- Alle handel, import en export in dat verband
- Alle industriële, handels- en financiële, roerende en onroerende verrichtingen uitvoeren die rechtstreeks of onrechtstreeks in verband staan met haar doel
- Alle industriële, commerciële en financiële, roerende en onroerende verrichtingen doen, die kunnen bijdragen tot verwezenlijking en uitbreiding van maatschappelijk doel of bedrijvigheid kunnen vergemakkelijken
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
General meeting and financial year
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of May at 18:00
Articles of association, deed of 30-11-2018 (in Dutch)
Inactive
EXPRESS is no longer in the KBO register.
- Last annual accounts
- financial year to 31 December 2020
- Last registered office
- Viide-Olympiadelaan 121, 2020 Antwerpen 2as published on 24 July 2019
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2020