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BE 0697.829.381Private limited companyOpen bankruptcy
General Group
Noorderlaan 147 ·2060 Antwerpen, Belgium· 8 yrs active
Sector: Goederenvervoer over de weg
(49410)
Conclusion
A bankruptcy procedure is open for General Group according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-190k) and a net result of €-227k.
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €-190k |
| Net result | €-227k |
| Better than sector | 11% |
| Active | 8 yrs |
Snowflake analysis
35
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
100
Solvency
41
Growth
32
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
0
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 03-02-2023 with the NBB · fiscal year 2021 · verkort
Sector comparison
Fiscal year 2021 · NACE 49, Land transport · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -10.5% | 28.5% | |
| Net result | €-227k | €23k | |
| Equity | €-190k | €170k | |
| Gross operating margin | €-173k | €486k | |
| Staff costs | €1k | €358k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-191k
-1507.4%
18-21
€-227k
-539.3%
18-21
€-193k
-1387.3%
18-21
€1.82M
+49.9%
18-21
€-190k
-
18-21
€-320k
-297.8%
18-21
€1k
-
18-21
€0
-100.0%
18-21
€2.01M
+70.7%
18-21
€2.01M
+71.5%
18-21
0.84
-9.7%
18-21
0.81
-12.6%
18-21
-10.5%
-
18-21
-10.57
-
18-21
119.2%
-
18-21
-12.5%
-326.4%
18-21
-91.79
-
18-21
Figures by fiscal year
| Fiscal year | 2021 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-191k |
| Net profit | €-227k |
| Cash flow | €-193k |
| Staff costs | €1k |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.82M |
| Equity | €-190k |
| Debt | €2.01M |
| of which ≤ 1y | €2.01M |
| of which > 1y | - |
| Working capital | €-320k |
| Employees (FTE) | - |
Ratios (computed)
| 2021 | |
|---|---|
| Current ratio | 0.84 |
| Quick ratio | 0.81 |
| Working capital ratio | -17.6% |
| Solvency | -10.5% |
| Debt / equity | -10.57 |
| Long-term debt ratio | - |
| Interest coverage | -91.79 |
| Gross margin | - |
| Net margin | - |
| ROA | -12.5% |
| ROE | 119.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.82M |
| Fixed assets | 21/28 | €129k |
| Tangible fixed assets | 22/27 | €100k |
| Financial fixed assets | 28 | €29k |
| Current assets | 29/58 | €1.69M |
| Stocks & contracts in progress | 3 | €55k |
| Amounts receivable within one year | 40/41 | €1.51M |
| Cash & bank | 54/58 | €99k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.82M |
| Equity | 10/15 | €-190k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €53k |
| Accumulated profits (losses) | 14 | €-262k |
| Amounts payable | 17/49 | €2.01M |
| Amounts payable within one year | 42/48 | €2.01M |
| Trade debts payable within one year | 44 | €553k |
| Income statement | ||
| Gross operating margin | 9900 | €-173k |
| Operating result | 9901 | €-225k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-227k |
| Net result for the period | 9904 | €-227k |
| Result to be appropriated | 9905 | €-227k |
You are seeing the latest fiscal year only. 3 prior years (figures + ratios) are in a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | GUY VAN DENABEELE VAN BEETHOVENSTRAAT 28
BUS 402, 2018 ANTWERPEN 1 |
27-04-2023 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Goederenvervoer over de weg(49410) |
| Legal form | Private limited company(610) |
| Incorporation | 12-06-2018 |
| Status | Active |
| Postal code | 2060 |
| First BS signal | 04-05-2023 |
| Latest BS signal | 04-05-2023 |
Establishment units
Noorderlaan 147, 2060 Antwerpen
since 20182.277.751.525
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0086/00C005 | Flanders | 1.2 ha | 1 · 4,757 m² | 16.1 m · 4 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2023
04-05-2023
Bankruptcy
Opening
03-02-2023
NBB filing
Annual accounts filed
2022
25-01-2022
NBB filing
Annual accounts filed
2020
18-12-2020
NBB filing
Annual accounts filed
2019
29-07-2019
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
04-05-2023
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
Company registry (CBE)
Activities
Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410Vervaardiging van metalen constructiewerken en delen daarvan25110Vervaardiging van metalen constructiewerken en delen daarvan25110Installatie van isolatie43230Isolatiewerkzaamheden43291Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390
Primary activity highlighted.
Names & trade names
| Legal nameNL | General Group |
Registered office
Noorderlaan 147 bus 9
2060 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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