LJT Trans
Open bankruptcyFrom the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette
Overview
Information for creditors
Open bankruptcy
Source: Belgian Official Gazette
Declared bankrupt on 18 March 2025 · trustee Sofie Papen · a claim can no longer be filed
View the file in RegSol ↗The procedure
- Court
- Enterprise Court of Antwerp, Turnhout division
- Supervising judge
- Herman De Backker
- Official Gazette
- 24-03-2025 (pdf) ↗search the document for 2025/112185
Deadlines
- Provisional date payments stopped
- 18 September 2024The court moved this date back by judgment of 2 September 2025. The trustee can in some cases challenge payments and security you received since that day.art. XX.105, XX.111 and XX.112, Code of Economic Law
- Appeal or third-party opposition until
- passed on 8 April 2025That is fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 17 April 2025art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 29 April 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 18 March 2026A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Sofie PapenLierseweg 116, 2200 Herentalsinfo@atriusadvocaten.be
Steps for a creditor
- The deadlines to file your claim have passed, including for a late claim. That was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol. The trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
A late claim was possible until a year after the judgment (art. XX.165, Code of Economic Law). That deadline has passed too.
The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Official details
KBO- Status
- Open bankruptcy registered since 19-12-2018
- Registered office
- 257 active companies are registered at this address 23 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- Activity
- Freight transport by road NACE 49410and 1 other
- Establishment unit
- 2.284.397.411 2490 Balen, since 19-12-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Board and ownership
Board
- Jimmy GeuensDirector · since 01-04-2022
- De Smedt SteveDirector
Financial position
No score
Annual accounts 2022
- Gross margin
- €37,859
- ▼ 54.1%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €20,532
- ▼ 7.7%
- Equity
- €21,781
- ▲ 17×
- Total assets
- €126,887
- ▼ 23.6%
Filed on 20-07-2023PDF
Financials
Financials · financial year 2022, abbreviated format
Annual accounts 2022 filed on 20-07-2023 PDF all 4 filings
Turnover
≈ €130,000
Estimated: probably between €100,000 and €210,000
Total assets
€126,887▼ 23.6%
2021 · €166,084
Net result
€20,532▼ 7.7%
2021 · €22,236
Working capital
€6,870
2021 · -€11,921
Trend over the years
2019 to 2022, 4 financial years
The operating result for 2022 is 22% higher than in 2021 and the highest since 2019. It is the third rise in a row.
Operating result€39,792
2022
Net result€20,532
2022
Total assets€126,887
2022
Equity€21,781
2022
Debt€105,105
2022
Working capital€6,870
2022
Return on assets (ROA)16.2%
2022
Solvency17.2%
2022
Current ratio1.12
2022
Staff (FTE)1.1
2020
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022
Operating result-€7,527-€14,942€32,654▲ 119%€39,792▲ 21.9%
Net result-€14,174--€13,013below the sector's middle half▲ 8.2%€22,236within the sector's middle half€20,532within the sector's middle half▼ 7.7%
Equity-€7,974--€20,987below the sector's middle half▼ 163%€1,249below the sector's middle half€21,781below the sector's middle half▲ 17×
Total assets€180,672-€157,539below the sector's middle half▼ 12.8%€166,084below the sector's middle half▲ 5.4%€126,887below the sector's middle half▼ 23.6%
Debt€188,645-€178,526▼ 5.4%€164,834▼ 7.7%€105,105▼ 36.2%
Working capital-€52,126--€33,293below the sector's middle half▲ 36.1%-€11,921below the sector's middle half▲ 64.2%€6,870within the sector's middle half
Solvency-4.4%--13.3%below the sector's middle half▼ 8.9pp0.8%below the sector's middle half▲ 14.1pp17.2%below the sector's middle half▲ 16.4pp
Current ratio0.46-0.60below the sector's middle half▲ 0.140.87below the sector's middle half▲ 0.271.12within the sector's middle half▲ 0.25
Return on assets (ROA)-7.8%--8.3%below the sector's middle half▼ 0.4pp13.4%above the sector's middle half▲ 21.6pp16.2%above the sector's middle half▲ 2.8pp
Staff (FTE)1-1.1below the sector's middle half▲ 10.0%
above
within
below
The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €126,887
Fixed assets
€64,627 ▼ 25.0%
Current assets
€62,259 ▼ 22.1%
Equity and liabilities €126,887
Equity
€21,781 ▲ 17×
Debt
€105,105 ▼ 36.2%
Debt's share of the balance-sheet total falls from 99.2% to 82.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€61,309▲
2021 · €54,171
Cash flow
€42,049▼
2021 · €43,753
Debt to equity
4.83
ROE
94.3%
Interest coverage
4.88▼
2021 · 5.69
Debt ≤ 1 year
€55,390▼
2021 · €91,860
Debt > 1 year
€49,716▼
2021 · €72,974
Income taxes
€6,694▲
2021 · €907
Staff costs
-€31,973▼
2021 · €3,195
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Subsidies and aid
Flemish government
2022 · 1 entry · €453 awarded · €453 paidAnnual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €3,195 | -€31,973 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,872 | €21,517 | €21,517 | €21,517 | = |
| Other operating charges640/8 | - | - | €25,052 | €8,524 | ▼ 66.0% |
| Gross operating margin9900 | €78,905 | €70,537 | €82,419 | €37,859 | ▼ 54.1% |
| Operating profit (loss)9901 | -€7,527 | €14,942 | €32,654 | €39,792 | ▲ 21.9% |
| Financial income75/76B | - | - | €9 | €0 | ▼ 99.3% |
| Recurring financial income75 | €3 | €8 | €9 | €0 | ▼ 99.3% |
| Financial charges65/66B | - | - | €9,520 | €12,566 | ▲ 32.0% |
| Recurring financial charges65 | €5,155 | €8,395 | €9,520 | €12,566 | ▲ 32.0% |
| Profit (loss) for the period before taxes9903 | -€14,174 | -€13,013 | €23,143 | €27,226 | ▲ 17.6% |
| Income taxes67/77 | - | - | €907 | €6,694 | ▲ 638% |
| Profit (loss) for the period9904 | -€14,174 | -€13,013 | €22,236 | €20,532 | ▼ 7.7% |
| Profit (loss) for the period to be appropriated9905 | -€14,174 | -€13,013 | €22,236 | €20,532 | ▼ 7.7% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €180,672 | €157,539 | €166,084 | €126,887 | ▼ 23.6% |
| Fixed assets21/28 | €136,491 | €107,661 | €86,144 | €64,627 | ▼ 25.0% |
| Tangible fixed assets22/27 | €136,356 | €104,926 | €83,409 | €61,892 | ▼ 25.8% |
| Furniture and vehicles24 | - | - | €5,788 | €2,843 | ▼ 50.9% |
| Leasing and similar rights25 | - | - | €77,621 | €59,050 | ▼ 23.9% |
| Financial fixed assets28 | €135 | €2,735 | €2,735 | €2,735 | = |
| Current assets29/58 | €44,181 | €49,877 | €79,939 | €62,259 | ▼ 22.1% |
| Amounts receivable within one year40/41 | €31,754 | €37,862 | €67,234 | €40,669 | ▼ 39.5% |
| Trade receivables40 | - | - | €49,055 | €24,240 | ▼ 50.6% |
| Other amounts receivable41 | - | - | €18,180 | €16,429 | ▼ 9.6% |
| Cash at bank and in hand54/58 | €10,118 | €9,351 | €11,615 | €18,817 | ▲ 62.0% |
| Deferred charges and accrued income490/1 | - | - | €1,090 | €2,773 | ▲ 154% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €180,672 | €157,539 | €166,084 | €126,887 | ▼ 23.6% |
| Equity10/15 | -€7,974 | -€20,987 | €1,249 | €21,781 | ▲ 17× |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€14,174 | -€27,187 | -€4,951 | €15,581 | - |
| Amounts payable17/49 | €188,645 | €178,526 | €164,834 | €105,105 | ▼ 36.2% |
| Amounts payable after more than one year17 | €92,338 | €95,356 | €72,974 | €49,716 | ▼ 31.9% |
| Financial debts170/4 | - | - | €72,974 | €49,716 | ▼ 31.9% |
| Amounts payable within one year42/48 | €96,307 | €83,170 | €91,860 | €55,390 | ▼ 39.7% |
| Current portion of amounts payable after more than one year42 | - | - | €19,170 | €19,951 | ▲ 4.1% |
| Financial debts43 | - | - | €10,638 | €13,260 | ▲ 24.6% |
| Credit institutions430/8 | - | - | €10,638 | €13,260 | ▲ 24.6% |
| Trade debts44 | €50,751 | €42,039 | €55,070 | €15,064 | ▼ 72.6% |
| Suppliers440/4 | - | - | €55,070 | €15,064 | ▼ 72.6% |
| Taxes, remuneration and social security45 | - | - | €680 | €7,115 | ▲ 946% |
| Taxes450/3 | - | - | €680 | €7,115 | ▲ 946% |
| Other amounts payable47/48 | - | - | €6,302 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,174 | -€13,013 | €22,236 | €20,532 | ▼ 7.7% |
| + Depreciation and write-downs630 | €20,872 | €21,517 | €21,517 | €21,517 | = |
| Operating cash flow (approximation) | €6,698 | €8,504 | €43,753 | €42,049 | ▼ 3.9% |
| Investment in fixed assets (approximation) | - | €7,313 | €0 | €0 | - |
| Change in cash | - | -€768 | €2,264 | €7,203 | ▲ 218% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
Board & ownership
Directors
Directors
2 directors, last change in 2024
Current
De Smedt Steve
Current
Director · appointed in the act of 02-12-2024
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Sofie Papen Lierseweg 116, 2200 Herentals |
18-03-2025 → present |
Owners and capital
Shareholders
Stated in the act
act of 02-12-2024 ↗
- De Smedt Steve all shares
Capital transactions
Capital over time
- 21-12-2023 Converted to unavailable equity
Mandate history
4 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Jimmy Geuens |
|
| De Smedt Steve |
|
| ARNAUTS Liesbeth Alfonsina Elsa |
|
| GEUENS Jimmy Ferdinand Anna |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, algemene vergadering”
- Permanent representativeA company that is a director names a natural person to carry out the mandate on its behalf.
- “Vaste vertegenwoordiger”
Articles of association, deed of 21-12-2023 (in Dutch)
Network & group
LJT Trans shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of LJT Trans. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2025
15-09
Bankruptcy
Date of cessation of payments moved back
Enterprise Court of Antwerp, Turnhout division · judgment of 02-09-2025
24-03
Bankruptcy
Opening
Enterprise Court of Antwerp, Turnhout division · judgment of 18-03-2025
2024
02-12
Gazette deed
Resignations: Arnauts Liesbeth (director) and Geuens Jimmy (director)Appointment: De Smedt Steve (director) · Registered-office move · Shareholding8 points ▸
Gazette deed
Resignations: Arnauts Liesbeth (director) and Geuens Jimmy (director)
Appointment: De Smedt Steve (director) · Registered-office move · Shareholding8 points ▸
- General meeting, 04-11-2024
- Director resignation, Arnauts Liesbeth (director)
- Director resignation, Geuens Jimmy (director)
- Director appointment, De Smedt Steve (director)
- Registered-office move, Dimantstraat 8 bus 380 te 2200 Herentals
- De Smedt Steve holds all the shares
- Director discharge, Arnauts Liesbeth (director)
- Director discharge, Geuens Jimmy (director)
2023
21-12
Gazette deed
Resignations: ARNAUTS Liesbeth Alfonsina Elsa (director) and GEUENS Jimmy Ferdinand Anna (director)Reappointments: ARNAUTS Liesbeth Alfonsina Elsa (director) and GEUENS Jimmy Ferdinand Anna (director) · Amendment of the articles · Capital conversion10 points ▸
Gazette deed
Resignations: ARNAUTS Liesbeth Alfonsina Elsa (director) and GEUENS Jimmy Ferdinand Anna (director)
Reappointments: ARNAUTS Liesbeth Alfonsina Elsa (director) and GEUENS Jimmy Ferdinand Anna (director) · Amendment of the articles · Capital conversion10 points ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Power of attorney, Sofie Vanhoutteghem
- Registered office clause, “2490 Balen,Rijsbergdijk 28, behouden” (deed in Dutch)
- Other provision, “bestuurder” (deed in Dutch)
- Director resignation, ARNAUTS Liesbeth Alfonsina Elsa (director (not named in the articles))
- Director resignation, GEUENS Jimmy Ferdinand Anna (director (not named in the articles))
- Director reappointment, ARNAUTS Liesbeth Alfonsina Elsa (director (not named in the articles))
- Director reappointment, GEUENS Jimmy Ferdinand Anna (director (not named in the articles))
20-07
financial year 2022 · abbreviated format
2022
08-08
financial year 2021 · abbreviated format · 8 days late
18-05
Gazette deed
Appointment: Jimmy Geuens (director)3 points ▸
Gazette deed
Appointment: Jimmy Geuens (director)
3 points ▸
- Board meeting, 01-04-2022
- Director appointment, Jimmy Geuens (director)
- Other provision, “bezoldiging bestuurder, unaniem” (deed in Dutch)
2021
31-12
Financial
Back to profitnet €22,236
The net result is €22,236, after 2 loss-making years.
04-08
financial year 2020 · abbreviated format · 4 days late
2020
05-08
financial year 2019 · abbreviated format · 5 days late
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Opening faillissement
- Last annual accounts
- financial year to 31 December 2022
- Legal form
- Private limited company
- Active since
- 19 December 2018
Register details
Identity
Name
LJT Trans in Dutch
Enterprise number
0716.631.446
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 21-12-2023 (in Dutch)Name clauseThe company operates under this name according to its articles.
LJT Trans
deed of 21-12-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren…”
deed of 21-12-2023 (in Dutch)Registered office and establishments
Registered office
Diamantstraat (HRT) 8, 2200 Herentals, Belgium
Establishments
1 establishment unit since 2018
Activities
NACEBEL 202549410
Freight transport by road main activity
46190
Agents in non-specialised wholesale trade
Invoicing and payment
VAT number
BE 0716.631.446
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
1 establishment unit
LJT Trans
since 2018unit number 2.284.397.411
Buildings and parcels at the addresses
Ground area
1.3 ha
Building footprint
3,120 m²
Building volume
52,929 m³
2 parcels, Flanders · tallest building 24.1 m.
2 parcels
Flanders
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13027A0065/00F002 | Flanders | 1.2 ha | 1 · 3,044 m² | 24.1 m · 6 |
| 13342B0109/00R000 | Flanders | 342 m² | 1 · 77 m² | 8.2 m · 2 |