GR TRANS
Open bankruptcyA bankruptcy procedure is open for GR TRANS according to publications in the Belgian State Gazette; curator: THOMAS VANDENDRIES. The 2019 annual accounts show equity of €147k and a net result of €462.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2019, full schema
Turnover
€1.82M▲ 28.0%
2018 · €1.42M
2018: €1.42M
2018 → 2019
EBIT margin
0.4%▼ 4.6pp
2018 · 5.0%
2018: 5.0%
2018 → 2019
Net result
€462▼ 98.9%
2018 · €43k
2018: €43k
2018 → 2019
Working capital
€93k▲ 17.3%
2018 · €79k
2018: €79k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Turnover€1.42M-€1.82M▲ 28.0%
Equity€135k-€147k▲ 8.7%
Operating result€71k-€7k▼ 90.5%
Net result€43k-€462▼ 98.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2019; 2019 is 90% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €778k
Fixed assets
€53k▼ 3.6%
Current assets
€725k▲ 24.2%
Equity and liabilities €778k
Equity
€147k▲ 8.7%
Debt
€632k▲ 25.3%
The debt ratio rises from 78.9% to 81.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9k▼
2018 · €79k
Cash flow
€2k▼
2018 · €51k
Solvency
18.8%▼
2018 · 21.1%
Current ratio
1.15▼
2018 · 1.16
Quick ratio
1.15▼
2018 · 1.16
Debt / equity
4.31
ROE
0.3%▼
2018 · 31.8%
ROA
0.1%▼
2018 · 6.7%
Interest coverage
0.76
Debt
€632k▲
2018 · €504k
Debt ≤ 1 year
€632k▲
2018 · €504k
Staff costs
€438k
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 · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€639k€778k▲
Fixed assets21/28€55k€53k▼
Tangible fixed assets22/27€8k€6k▼
Furniture and vehicles24-€5k
Other tangible fixed assets26-€1k
Financial fixed assets28€48k€48k=
Current assets29/58€584k€725k▲
Amounts receivable within one year40/41€584k€694k▲
Trade receivables40-€610k
Other amounts receivable41-€85k
Cash at bank and in hand54/58€1€31k▲
Equity and liabilities
Total equity and liabilities10/49€639k€778k▲
Equity10/15€135k€147k▲
Contributions10/11€10k€19k▲
Capital10-€19k
Issued capital100-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Profit (loss) carried forward14€123k€126k▲
Amounts payable17/49€504k€632k▲
Amounts payable within one year42/48€504k€632k▲
Trade debts44€230k€240k▲
Suppliers440/4-€240k
Taxes, remuneration and social security45-€391k
Taxes450/3-€282k
Remuneration and social security454/9-€109k
Income statement
Code20182019
Turnover70€1.42M€1.82M▲
Non-recurring operating income76A-€0
Goods, raw materials, services and sundry goods60/61-€1.30M
Remuneration, social security and pensions62-€438k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€2k▼
Other operating charges640/8-€73k
Gross operating margin9900€454k€520k▲
Operating profit (loss)9901€71k€7k▼
Financial income75/76B-€15k
Recurring financial income75€2k€1k▼
Non-recurring financial income76B-€14k
Financial charges65/66B-€21k
Recurring financial charges65€15k€12k▼
Non-recurring financial charges66B-€10k
Profit (loss) for the period before taxes9903€58k€462▼
Income taxes67/77€15k-
Profit (loss) for the period9904€43k€462▼
Profit (loss) for the period to be appropriated9905€43k€462▼
Appropriation of the result
Profit (loss) to be appropriated9906-€126k
Profit (loss) brought forward from the previous period14P-€126k
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
2023
02-10
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · GR TRANS BV ALSEMBERGSE STEENWEG 161, 1190 VORST · event 26-09-2023
2022
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 777 days late
2020
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 372 days late
2019
19-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 203 days late
2018
08-02
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 192 days late
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 122 days late
2015
31-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 92 days late
SignalNBB filing
Directors · office · real estate
Directors
8 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 2016
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
98 m²
Building footprint
86 m²
Volume, LiDAR
1,350 m³
Parcel 21383B0050/00S003, Brussels · tallest building 19.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
GR TRANS
since 20162.258.387.949
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0050/00S003 | Brussels | 98 m² | 1 · 86 m² | 19.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 | THOMAS VANDENDRIES STEENWEG OP SINT JORIS
WINGE 21, 3200 AARSCHOT |
26-09-2023 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteVorst2.258.387.949
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-07-2013
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.