HRA CARS
InactiveHRA CARS was declared bankrupt on 23-03-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 14-01-2025, published in the Belgian State Gazette on 30-01-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 14-04-2022, 257 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
257 d late
2019
567 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€7k▲ 9.0%
2019 · €7k
2019: €7k
2019 → 2020
Total assets
€32k▼ 19.8%
2019 · €40k
2019: €40k
2019 → 2020
Net result
€597
2019 · €-12k
2019: €-12k
2019 → 2020
Working capital
€-23k
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Equity€7k-€7k▲ 9.0%
Operating result€-12k-€597
Net result€-12k-€597
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €597 after a loss of €12k in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €32k
Fixed assets
€30k
Current assets
€1k
Equity and liabilities €32k
Equity
€7k ▲ 9.0%
Debt
€25k ▼ 25.5%
Debt's share of the balance-sheet total falls from 83.3% to 77.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11k▲
2019 · €-2k
Cash flow
€11k▲
2019 · €-2k
Current ratio
0.05
Debt to equity
3.41
ROE
8.3%▲
2019 · -181.3%
ROA
1.9%▲
2019 · -30.3%
Interest coverage
534365.00
Debt ≤ 1 year
€25k▼
2019 · €33k
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 · 2020 against 2019 · 24 lines
Balance sheet
Code20192020
Assets
Total assets20/58€40k€32k▼
Fixed assets21/28€40k€30k▼
Intangible fixed assets21€40k€30k▼
Current assets29/58-€1k
Amounts receivable within one year40/41-€1k
Other amounts receivable41-€1k
Cash at bank and in hand54/58-€0
Equity and liabilities
Total equity and liabilities10/49€40k€32k▼
Equity10/15€7k€7k▲
Contributions10/11-€19k
Profit (loss) carried forward14€-12k€-11k▲
Amounts payable17/49€33k€25k▼
Amounts payable within one year42/48€33k€25k▼
Other amounts payable47/48-€25k
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Gross operating margin9900€-2k€11k▲
Operating profit (loss)9901€-12k€597▲
Financial charges65/66B-€0
Recurring financial charges65-€0
Profit (loss) for the period before taxes9903€-12k€597▲
Profit (loss) for the period9904€-12k€597▲
Profit (loss) for the period to be appropriated9905€-12k€597▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-11k
Profit (loss) brought forward from the previous period14P-€-12k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · HRA AIRLINES BV UITBREIDINGSTRAAT 84, 2600 BERCHEM (ANTWER- PEN) · event 14-01-2025
2023
29-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · HRA AIRLINES BV UITBREI- DINGSTRAAT 84, 2600 BERCHEM (ANTWERPEN) · event 23-03-2023
2022
14-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 257 days late
18-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 567 days late
2020
31-12
Financial
Back to profitnet €597
Net result €597 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
4 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 | GREGORY BRUNEEL MUSEUMSTRAAT 31-33,
2000 ANTWERPEN 1 |
23-03-2023 → 14-01-2025 |