HIRA EXPRESS
Open bankruptcyA bankruptcy procedure is open for HIRA EXPRESS according to publications in the Belgian State Gazette; curator: TONY BELLAVIA.
Summary
The 2023 annual accounts show equity of €47k and a net result of €-57k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-10-2024, 82 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
82 d late
2022
258 d late
2021
8 d early
2020
86 d late
2019
6 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
€27k▼ 79.4%
2022 · €128k
2018: €149k
2019: €280k▲ +87.3% vs 2018
2020: €466k▲ +66.8% vs 2019highest in 6 years
2021: €300k▼ -35.7% vs 2020
2022: €128k▼ -57.2% vs 2021
2023: €27k▼ -79.4% vs 2022lowest in 6 years
2018 → 2023
EBIT margin
-238.3%▼ 193.5pp
2022 · -44.8%
2018: 9.8%
2019: 28.6%▲ +193% vs 2018
2020: 10.3%▼ -63.9% vs 2019
2021: 38.1%▲ +269% vs 2020highest in 6 years
2022: -44.8%▼ -218% vs 2021
2023: -238.3%▼ -431% vs 2022lowest in 6 years
2018 → 2023
Net result
€-57k▲ 2.3%
2022 · €-58k
2018: €13k
2019: €73k▲ +442% vs 2018highest in 6 years
2020: €29k▼ -59.5% vs 2019
2021: €46k▲ +56.5% vs 2020
2022: €-58k▼ -226% vs 2021lowest in 6 years
2023: €-57k▲ +2.3% vs 2022
2018 → 2023
Working capital
€56k▼ 31.5%
2022 · €81k
2018: €9klowest in 6 years
2019: €80k▲ +826% vs 2018
2020: €150k▲ +87.7% vs 2019
2021: €185k▲ +23.3% vs 2020highest in 6 years
2022: €81k▼ -56.2% vs 2021
2023: €56k▼ -31.5% vs 2022
2018 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€280k-€466k▲ 66.8%€300k▼ 35.7%€128k▼ 57.2%€27k▼ 79.4%
2019: €280k
2020: €466k▲ +66.8% vs 2019highest in 5 years
2021: €300k▼ -35.7% vs 2020
2022: €128k▼ -57.2% vs 2021
2023: €27k▼ -79.4% vs 2022lowest in 5 years
Equity€86k-€116k▲ 34.1%€162k▲ 39.8%€104k▼ 36.0%€47k▼ 54.8%
2019: €86k
2020: €116k▲ +34.1% vs 2019
2021: €162k▲ +39.8% vs 2020highest in 5 years
2022: €104k▼ -36.0% vs 2021
2023: €47k▼ -54.8% vs 2022lowest in 5 years
Operating result€80k-€48k▼ 39.9%€114k▲ 137%€-58k€-63k▼ 9.7%
2019: €80k
2020: €48k▼ -39.9% vs 2019
2021: €114k▲ +137% vs 2020highest in 5 years
2022: €-58k▼ -150% vs 2021
2023: €-63k▼ -9.7% vs 2022lowest in 5 years
Net result€73k-€29k▼ 59.5%€46k▲ 56.5%€-58k€-57k▲ 2.3%
2019: €73khighest in 5 years
2020: €29k▼ -59.5% vs 2019
2021: €46k▲ +56.5% vs 2020
2022: €-58k▼ -226% vs 2021lowest in 5 years
2023: €-57k▲ +2.3% vs 2022
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €63k in 2023 against €58k in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €235k
Fixed assets
€47k ▼ 50.8%
Current assets
€188k ▼ 5.5%
Equity and liabilities €235k
Equity
€47k ▼ 54.8%
Debt
€188k ▼ 1.1%
Debt's share of the balance-sheet total rises from 64.7% to 80.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-55k▼
2022 · €-43k
Cash flow
€-48k▼
2022 · €-44k
Current ratio
1.42▼
2022 · 1.69
Debt to equity
4.01▲
2022 · 1.83
ROE
-121.4%▼
2022 · -56.1%
ROA
-24.2%▼
2022 · -19.8%
Interest coverage
-83.04▼
2022 · -72.47
Debt ≤ 1 year
€132k▲
2022 · €118k
Debt > 1 year
€55k▼
2022 · €72k
Staff costs
€2k▼
2022 · €4k
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 · 2023 against 2022 · 49 lines
Balance sheet
Code20222023
Assets
Total assets20/58€294k€235k▼
Fixed assets21/28€95k€47k▼
Tangible fixed assets22/27€95k€47k▼
Land and buildings22€48k€47k▼
Plant, machinery and equipment23€5k-
Furniture and vehicles24€42k-
Current assets29/58€199k€188k▼
Stocks and contracts in progress3€63k-
Stocks30/36€63k-
Amounts receivable within one year40/41€136k€188k▲
Trade receivables40€136k€183k▲
Other amounts receivable41-€5k
Cash at bank and in hand54/58€57€200▲
Equity and liabilities
Total equity and liabilities10/49€294k€235k▼
Equity10/15€104k€47k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€437€437=
Non-distributable reserves130/1€437€437=
Legal reserve130€437€437=
Profit (loss) carried forward14€85k€28k▼
Amounts payable17/49€190k€188k▼
Amounts payable after more than one year17€72k€55k▼
Financial debts170/4€72k€55k▼
Amounts payable within one year42/48€118k€132k▲
Current portion of amounts payable after more than one year42€41k€43k▲
Trade debts44€4k€13k▲
Suppliers440/4€4k€13k▲
Taxes, remuneration and social security45€40k€40k=
Taxes450/3€40k€40k=
Other amounts payable47/48€34k€37k▲
Income statement
Code20222023
Turnover70€128k€27k▼
Goods, raw materials, services and sundry goods60/61-€47k
Remuneration, social security and pensions62€4k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€9k▼
Other operating charges640/8€1k-
Non-recurring operating charges66A-€32k
Gross operating margin9900€-38k€-21k▲
Operating profit (loss)9901€-58k€-63k▼
Financial income75/76B-€7k
Recurring financial income75-€7k
Financial charges65/66B€594€657▲
Recurring financial charges65€594€657▲
Profit (loss) for the period before taxes9903€-58k€-57k▲
Profit (loss) for the period9904€-58k€-57k▲
Profit (loss) for the period to be appropriated9905€-58k€-57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€85k€28k▼
Profit (loss) brought forward from the previous period14P€143k€85k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €280k | €466k | €300k | €128k | €27k | ▼ 79.4% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €47k | - |
| Remuneration, social security and pensions62 | - | - | €3k | €4k | €2k | ▼ 52.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €9k | €15k | €9k | ▼ 40.5% |
| Other operating charges640/8 | - | - | €3k | €1k | - | - |
| Non-recurring operating charges66A | - | - | - | - | €32k | - |
| Gross operating margin9900 | €85k | €55k | €129k | €-38k | €-21k | ▲ 46.1% |
| Operating profit (loss)9901 | €80k | €48k | €114k | €-58k | €-63k | ▼ 9.7% |
| Financial income75/76B | - | - | - | - | €7k | - |
| Recurring financial income75 | - | - | - | - | €7k | - |
| Financial charges65/66B | - | - | €8k | €594 | €657 | ▲ 10.6% |
| Recurring financial charges65 | €350 | €1k | €8k | €594 | €657 | ▲ 10.6% |
| Profit (loss) for the period before taxes9903 | €80k | €47k | €106k | €-58k | €-57k | ▲ 2.3% |
| Income taxes67/77 | €7k | €17k | €60k | - | - | - |
| Profit (loss) for the period9904 | €73k | €29k | €46k | €-58k | €-57k | ▲ 2.3% |
| Profit (loss) for the period to be appropriated9905 | €73k | €29k | €46k | €-58k | €-57k | ▲ 2.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €155k | €243k | €391k | €294k | €235k | ▼ 20.1% |
| Fixed assets21/28 | €6k | €4k | €75k | €95k | €47k | ▼ 50.8% |
| Tangible fixed assets22/27 | €6k | €4k | €75k | €95k | €47k | ▼ 50.8% |
| Land and buildings22 | - | - | €49k | €48k | €47k | ▼ 2.4% |
| Plant, machinery and equipment23 | - | - | €2k | €5k | - | - |
| Furniture and vehicles24 | - | - | €25k | €42k | - | - |
| Current assets29/58 | €149k | €239k | €316k | €199k | €188k | ▼ 5.5% |
| Stocks and contracts in progress3 | €74k | €128k | €112k | €63k | - | - |
| Stocks30/36 | - | - | €112k | €63k | - | - |
| Amounts receivable within one year40/41 | €21k | €107k | €203k | €136k | €188k | ▲ 38.0% |
| Trade receivables40 | - | - | €203k | €136k | €183k | ▲ 34.5% |
| Other amounts receivable41 | - | - | - | - | €5k | - |
| Cash at bank and in hand54/58 | €54k | €4k | - | €57 | €200 | ▲ 254% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €155k | €243k | €391k | €294k | €235k | ▼ 20.1% |
| Equity10/15 | €86k | €116k | €162k | €104k | €47k | ▼ 54.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | - | €19k | €19k | €19k | = |
| Issued capital100 | - | - | €19k | €19k | €19k | = |
| Reserves13 | €437 | €437 | €437 | €437 | €437 | = |
| Non-distributable reserves130/1 | - | - | €437 | €437 | €437 | = |
| Legal reserve130 | - | - | €437 | €437 | €437 | = |
| Profit (loss) carried forward14 | €67k | €97k | €143k | €85k | €28k | ▼ 67.2% |
| Amounts payable17/49 | €69k | €128k | €229k | €190k | €188k | ▼ 1.1% |
| Amounts payable after more than one year17 | - | €39k | €99k | €72k | €55k | ▼ 23.2% |
| Financial debts170/4 | - | - | €99k | €72k | €55k | ▼ 23.2% |
| Amounts payable within one year42/48 | €69k | €89k | €131k | €118k | €132k | ▲ 12.3% |
| Current portion of amounts payable after more than one year42 | - | - | €30k | €41k | €43k | ▲ 4.8% |
| Trade debts44 | €46k | €48k | €50k | €4k | €13k | ▲ 252% |
| Suppliers440/4 | - | - | €50k | €4k | €13k | ▲ 252% |
| Taxes, remuneration and social security45 | - | - | €45k | €40k | €40k | = |
| Taxes450/3 | - | - | €45k | €40k | €40k | = |
| Other amounts payable47/48 | - | - | €6k | €34k | €37k | ▲ 9.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €73k | €29k | €46k | €-58k | €-57k | ▲ 2.3% |
| + Depreciation and write-downs630 | €2k | €2k | €9k | €15k | €9k | ▼ 40.5% |
| Operating cash flow (approximation) | €75k | €31k | €55k | €-44k | €-48k | ▼ 10.4% |
| Investment in fixed assets (approximation) | - | €0 | €-80k | €-34k | €39k | ▲ 217% |
| Change in cash | - | €-50k | - | - | €143 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
04-11
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Mons · event 28-10-2024
21-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 82 days late
14-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 258 days late
2022
31-12
Financial
Weakest financial yearnet €-58k
Net result drops to €-58k, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €162k ▲39.8%
4 profitable years in a row build equity to €162k.
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 86 days late
2020
31-12
Financial
Equity above €100kEq €116k ▲34.1%
3 profitable years in a row build equity to €116k.
25-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €73k ▲442%
Net result €73k, the highest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
16-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Registered office, Boussu · 1 establishment unit since 2014
Ground area
807 m²
Building footprint
113 m²
Volume, LiDAR
817 m³
Parcel 53041A0125/00X000, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HIRA EXPRESS
since 20142.232.391.850
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53041A0125/00X000 | Wallonia | 807 m² | 1 · 113 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 | TONY BELLAVIA AVENUE DES EXPOSITIONS, 8A,
7000 MONS- .
Date provisoire de cessation de paiement : 28/10/2024 |
28-10-2024 → present |
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Of 12,590 companies in sector 49410 we hold annual accounts for 8,199. 5,962 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded24-06-2014
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Scores and ratios are computed by Checked and are not a credit decision.