MIDNIGHT EXPRESS
InactiveMIDNIGHT EXPRESS was declared bankrupt on 23-07-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 17-06-2025, published in the Belgian State Gazette on 26-06-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline20-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 14-10-2022, 75 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
75 d late
2020
33 d late
2019
31 d early
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2021, micro schema
Equity
€-95k▼ 33.3%
2020 · €-71k
2019: €38k
2020: €-71k
2019 → 2021
Total assets
€116k▲ 88.9%
2020 · €61k
2019: €74k
2020: €61k
2019 → 2021
Net result
€-24k▲ 78.2%
2020 · €-109k
2019: €11k
2020: €-109k
2019 → 2021
Working capital
€-145k▼ 17.7%
2020 · €-123k
2019: €7k
2020: €-123k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€38k-€-71k€-95k▼ 33.3%
Operating result€14k-€-108k€-23k▲ 78.9%
Net result€11k-€-109k€-24k▲ 78.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €23k in 2021 against €108k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €116k
Fixed assets
€50k▼ 3.5%
Current assets
€65k▲ 634%
Key figures and ratios
EBITDA
€-7k▲
2020 · €-96k
Cash flow
€-8k▲
2020 · €-97k
Solvency
-81.9%▲
2020 · -116.2%
Current ratio
0.31▲
2020 · 0.07
Quick ratio
0.31▲
2020 · 0.07
Debt / equity
-2.22
ROA
-20.4%▲
2020 · -177.5%
Interest coverage
-8.18
Debt
€210k▲
2020 · €132k
Debt ≤ 1 year
€210k▲
2020 · €132k
Staff costs
€95k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€61k€116k▲
Fixed assets21/28€52k€50k▼
Intangible fixed assets21€25k€17k▼
Tangible fixed assets22/27€24k€30k▲
Plant, machinery and equipment23-€29k
Furniture and vehicles24-€1k
Financial fixed assets28€3k€3k=
Current assets29/58€9k€65k▲
Amounts receivable within one year40/41€8k€64k▲
Trade receivables40-€64k
Cash at bank and in hand54/58€500€1k▲
Equity and liabilities
Total equity and liabilities10/49€61k€116k▲
Equity10/15€-71k€-95k▼
Contributions10/11-€12k
Reserves13€16k€16k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€14k
Profit (loss) carried forward14€-99k€-123k▼
Amounts payable17/49€132k€210k▲
Amounts payable within one year42/48€132k€210k▲
Trade debts44€19k€39k▲
Suppliers440/4-€39k
Taxes, remuneration and social security45-€46k
Taxes450/3-€8k
Remuneration and social security454/9-€38k
Other amounts payable47/48-€125k
Income statement
Code20202021
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62-€95k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€16k▲
Other operating charges640/8-€3k
Non-recurring operating charges66A-€777
Gross operating margin9900€-21k€92k▲
Operating profit (loss)9901€-108k€-23k▲
Financial charges65/66B-€857
Recurring financial charges65€785€857▲
Profit (loss) for the period before taxes9903€-109k€-24k▲
Profit (loss) for the period9904€-109k€-24k▲
Profit (loss) for the period to be appropriated9905€-109k€-24k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-123k
Profit (loss) brought forward from the previous period14P-€-99k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · MIDNIGHT EXPRESS BV PICARDSTRAAT 7/100, 1000 BRUSSEL 1 · event 17-06-2025
12-05
KBO administration
Address struck
2024
01-08
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · MIDNIGHT EXPRESS BV PICARDSTRAAT 7/100, 1000 BRUSSEL 1 · event 23-07-2024
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
02-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 33 days late
2020
31-12
Financial
Weakest financial yearnet €-109k ▼1131%
Net result drops to €-109k, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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 | PATRICK SCHRUERS LUCHTHAVENLAAN 27, BUS 38,
1800 VILVOORDE |
23-07-2024 → present |
Company data · Crossroads Bank
Identification
Legal formBVBA
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filings
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.