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Leo Trans

Bankruptcy1 interim measure
Private limited company (pre-2019)founded 2017Doornpark(BEV) 38, 9120 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0677.513.821
Summary

The KBO register records for Leo Trans the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €41k and a net result of €7k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Interim administration
1 publication(s) on interim administration in the Belgisch Staatsblad. An early signal, not a finding of bankruptcy.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2020, micro schema

Equity
€41k▲ 20.5%
2019 · €34k
2018: €23k 2019: €34k
2018 → 2020
Total assets
€236k▲ 51.6%
2019 · €155k
2018: €83k 2019: €155k
2018 → 2020
Net result
€7k▼ 38.6%
2019 · €11k
2018: €26k 2019: €11k
2018 → 2020
Working capital
€28k▼ 36.9%
2019 · €44k
2018: €10k 2019: €44k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201820192020Trend
Equity€23k-€34k▲ 50.1%€41k▲ 20.5%
Operating result€36k-€21k▼ 41.3%€21k▼ 3.6%
Net result€26k-€11k▼ 57.1%€7k▼ 38.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30k€40kOperating result 2018: €36k€36kNet result 2018: €26k€26kOperating result 2019: €21k€21kNet result 2019: €11k€11kOperating result 2020: €21k€21kNet result 2020: €7k€7k201820192020€0€10k€20k€30k€40kOperating result 2018: €36k€36kNet result 2018: €26k€26kOperating result 2019: €21k€21kNet result 2019: €11k€11kOperating result 2020: €21k€21kNet result 2020: €7k€7k201820192020
The operating result has fallen two years in a row; 2020 is 4% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €236k
Fixed assets €89k ▲ 914%
Current assets €146k ▼ 0.3%
Equity and liabilities €236k
Equity €41k ▲ 20.5%
Debt €195k ▲ 60.4%
Debt's share of the balance-sheet total rises from 78.1% to 82.6%. Equity and debt are higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
€33k
2019 · €25k
Cash flow
€19k
2019 · €15k
Current ratio
1.23
2019 · 1.43
Debt to equity
1.86
2019 · 0.55
ROE
17.0%
2019 · 33.4%
ROA
3.0%
2019 · 7.3%
Debt ≤ 1 year
€118k
2019 · €103k
Debt > 1 year
€76k
2019 · €19k
Income taxes
€2k
2019 · €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 · 2020 against 2019 · 25 lines
Balance sheet Code20192020
Assets
Total assets20/58€155k€236k
Fixed assets21/28€9k€89k
Tangible fixed assets22/27€9k€89k
Financial fixed assets28-€500
Current assets29/58€147k€146k
Amounts receivable within one year40/41€87k€87k
Cash at bank and in hand54/58€355€630
Equity and liabilities
Total equity and liabilities10/49€155k€236k
Equity10/15€34k€41k
Contributions10/11€6k-
Reserves13€27k€35k
Profit (loss) carried forward14€910€428
Amounts payable17/49€121k€195k
Amounts payable after more than one year17€19k€76k
Amounts payable within one year42/48€103k€118k
Trade debts44€30k€39k
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€12k
Gross operating margin9900€42k€36k
Operating profit (loss)9901€21k€21k
Recurring financial income75€3k-
Recurring financial charges65€9k€12k
Profit (loss) for the period before taxes9903€15k€9k
Income taxes67/77€4k€2k
Profit (loss) for the period9904€11k€7k
Profit (loss) for the period to be appropriated9905€11k€7k

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Timeline · acts, filings and financial milestones

2023
30-01
Interim measure Provisional administrator
Ondernemingsrechtbank Gent · event 23-01-2023
2021
30-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
31-12
Financial Weakest financial yearnet €7k ▼38.6%
Net result drops to €7k, the lowest in the series.
09-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
25-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 86 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2017
establishment The establishment unit on the map
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.

Doornpark(BEV) 389120 Beveren-Kruibeke-Zwijndrecht
Ground area
9,928 m²
Building footprint
1,625 m²
Volume, LiDAR
12,888 m³
2 parcels, Flanders · tallest building 40.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Leo Trans
Kuitegemstraat 34, 2890 Puurs-Sint-AmandsFreight transport by road
since 20172.267.308.484
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46503C1302/00G000 Flanders 9,746 m² 1 · 1,527 m² 40.0 m · 2 fl.
12034B0373/00L000 Flanders 182 m² 1 · 98 m² 8.4 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 5,853 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded23-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.