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MIDNIGHT TRANSPORT

Inactive
KBO/BCE: BE 0506.877.161

MIDNIGHT TRANSPORT was declared bankrupt on 19-05-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 29-10-2024, published in the Belgian State Gazette on 06-11-2024.

Summary

Inactive; last annual accounts for fiscal year 2020.

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Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-03-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filings
Position against the passed deadline
31-03-2021 close31-10-2021 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2020 was due by 31-10-2020 and was filed on 13-10-2020, 18 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
18 d early
2019
330 d late
← before the deadline after the deadline →
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
€1k▼ 97.3%
2019 · €48k
2019: €48k
2019 → 2020
Total assets
€162k▲ 18.1%
2019 · €137k
2019: €137k
2019 → 2020
Net result
€-46k
2019 · €30k
2019: €30k
2019 → 2020
Working capital
€-23k
2019 · €7k
2019: €7k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020Trend
Equity€48k-€1k▼ 97.3%
Operating result€45k-€-37k
Net result€30k-€-46k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€-25k€0€25k€50kOperating result 2019: €45k€45kNet result 2019: €30k€30kOperating result 2020: €-37k€-37kNet result 2020: €-46k€-46k20192020€-50k€-25k€0€25k€50kOperating result 2019: €45k€45kNet result 2019: €30k€30kOperating result 2020: €-37k€-37kNet result 2020: €-46k€-46k20192020
The operating result turns negative in 2020: a loss of €37k after €45k in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €162k
Fixed assets €24k ▼ 49.8%
Current assets €137k ▲ 54.8%
Equity and liabilities €162k
Equity €1k ▼ 97.3%
Debt €160k ▲ 79.8%
Debt's share of the balance-sheet total rises from 65.2% to 99.2%. Equity is lower and debt is higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
€-17k▼
2019 · €61k
Cash flow
€-26k▼
2019 · €45k
Current ratio
0.86▼
2019 · 1.09
ROA
-28.7%▼
2019 · 21.8%
Debt ≤ 1 year
€160k▲
2019 · €81k
A ratio outside any meaningful range has been withheld (balance sheet total €162k, equity €1k).
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€137k€162k▲
Fixed assets21/28€48k€24k▼
Tangible fixed assets22/27€44k€20k▼
Financial fixed assets28€4k€4k=
Current assets29/58€89k€137k▲
Amounts receivable within one year40/41€82k€124k▲
Cash at bank and in hand54/58€1k€14k▲
Equity and liabilities
Total equity and liabilities10/49€137k€162k▲
Equity10/15€48k€1k▼
Contributions10/11€19k€19k=
Reserves13€939€939=
Profit (loss) carried forward14€28k€-18k▼
Amounts payable17/49€89k€160k▲
Amounts payable within one year42/48€81k€160k▲
Trade debts44€47k€78k▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€20k▲
Gross operating margin9900€120k€145k▲
Operating profit (loss)9901€45k€-37k▼
Recurring financial income75€712€260▼
Recurring financial charges65-€10k
Profit (loss) for the period before taxes9903€46k€-46k▼
Income taxes67/77€16k-
Profit (loss) for the period9904€30k€-46k▼
Profit (loss) for the period to be appropriated9905€30k€-46k▼

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Timeline · acts, filings and financial milestones

2024
06-11
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · MIDNIGHT TRANSPORT BV NIJVERHEIDSSTRAAT 70, 2160 WOMMELGEM · event 29-10-2024
2022
30-05
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · MIDNIGHT TRANSPORT BV NIJVERHEIDSSTRAAT 70, 2160 WOMMELGEM · event 19-05-2022
2020
13-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
25-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 330 days late
2018
17-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
19-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
20-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalNBB filing

Directors · office · real estate

Directors
7 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 ALEXANDRE BASTENIER
LEON STYNENSTRAAT 63, 2000 ANTWERPEN 1
 19-05-2022 → 29-10-2024

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