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PNEUS Z

Active
Private limited company (pre-2019)·Groothandel in delen en toebehoren van motorvoertuigen· 24 yrs active
Pré des Haz(TAM) 22 ·5060 Sambreville, Belgium
Open bankruptcy
KBO/BCE: BE 0475.848.445
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Age24 yrs
Staff (FTE)2.6

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for PNEUS Z according to publications in the Belgian State Gazette. The file additionally contains 3 judicial reorganisations. The 2020 annual accounts show negative equity (€-232k) and a net result of €-280k.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

4 events
16-05-2022
Bankruptcy Opening
Date: 05-05-2022 · Tribunal de l’entreprise de Liège, division Namur · PNEUS Z SPRL PRE DES HAZ 22, 5060 TAMINES · Publications in State Gazette ↗
07-05-2020
Judicial reorganisation Extension
Date: 30-04-2020 · Tribunal de l’entreprise de Liège · collectif · Publications in State Gazette ↗
16-03-2020
Judicial reorganisation Extension
Date: 06-03-2020 · Tribunal de l’entreprise de Liège · collectif · Publications in State Gazette ↗
Showing 3 of 4 signals

Signals

Insufficient current data: the most recent filed accounts (financial year 2020) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2020, that is 31-07-2021.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 nothing on record not filed -
31-12-2022 31-07-2023 nothing on record not filed -
31-12-2021 31-07-2022 nothing on record not filed -
31-12-2020 31-07-2021 08-02-2022 192 d late 2022-05200536
31-12-2019 31-07-2020 31-10-2020 92 d late 2020-68300053
31-12-2018 31-07-2019 07-01-2020 160 d late 2020-00300570
31-12-2017 31-07-2018 12-10-2018 73 d late 2018-69400345
31-12-2016 31-07-2017 29-09-2017 60 d late 2017-65300092
31-12-2015 31-07-2016 04-10-2016 65 d late 2016-65200371
31-12-2014 31-07-2015 24-08-2015 24 d late 2015-45900160

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-280k-92.5%
Working capital€-320k-203.8%
Directors1

Annual accounts & ratios

Source: NBB · 2020
Annual accounts filed on 08-02-2022 with the NBB · fiscal year 2020 · micro
€-300k€-200k€-100k€0Operating result 2018: €-42k€-42kNet result 2018: €-59k€-59kOperating result 2019: €-68k€-68kNet result 2019: €-146k€-146kOperating result 2020: €-116k€-116kNet result 2020: €-280k€-280k201820192020
Operating resultNet result
Sector comparison
Fiscal year 2020 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -74.7% 24.5%
better than 12% of 971 sector peers
Net result €-135k €4k
better than 5% of 968 sector peers
Equity €-232k €28k
better than 5% of 975 sector peers
Gross operating margin €11k €20k
better than 39% of 966 sector peers
Employees (FTE) 2.6 1.3
better than 75% of 211 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-103k
-103.0% 18-20
Net profit
€-280k
-92.5% 18-20
Cash flow
€-268k
-109.4% 18-20
Total assets
€310k
-10.0% 18-20
Equity
€-232k
-138.7% 18-20
Working capital
€-320k
-203.8% 18-20
Employees (FTE)
3
-13.3% 18-20
Debt
€542k
+22.7% 18-20
Debt ≤ 1y
€542k
+55.2% 18-20
Debt > 1y
€93k
-15.3% 18-20
Current ratio
0.41
-41.4% 18-20
Quick ratio
0.31
-41.3% 18-20
Solvency
-74.7%
-165.3% 18-20
Debt / equity
-0.95
+91.1% 18-20
ROE
120.9%
-19.4% 18-20
ROA
-90.4%
-113.9% 18-20
Figures by fiscal year
Fiscal year2020
Depositmicro
Revenue-
EBITDA€-103k
Net profit€-280k
Cash flow€-268k
Staff costs-
Income taxes-
Dividends-
Total assets€310k
Equity€-232k
Debt€542k
of which ≤ 1y€542k
of which > 1y-
Working capital€-320k
Employees (FTE)2.6
Ratios (computed)
2020
Current ratio0.41
Quick ratio0.31
Working capital ratio-103.2%
Solvency-74.7%
Debt / equity-
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-90.4%
ROE120.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€310k
Fixed assets 21/28€88k
Tangible fixed assets 22/27€87k
Financial fixed assets 28€2k
Current assets 29/58€222k
Stocks & contracts in progress 3€56k
Amounts receivable within one year 40/41€127k
Investments 50/53€0
Cash & bank 54/58€9k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€310k
Equity 10/15€-232k
Reserves 13€30k
Accumulated profits (losses) 14€-280k
Amounts payable 17/49€542k
Amounts payable within one year 42/48€542k
Trade debts payable within one year 44€148k
Income statement
Gross operating margin 9900€11k
Operating result 9901€-116k
Financial income 75€542
Financial charges 65€20k
Result before taxes 9903€-135k
Net result for the period 9904€-135k
Result to be appropriated 9905€-135k
You are seeing the latest fiscal year only. 2 prior years (figures + ratios) are in a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2020 · computed
0 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

4 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator BENOIT HOC
ROUTE DE SAINT GERARD 98 2, 5100 04 WEPION
05-05-2022 → present Belgian State Gazette

Legal Structure

NACE primary Groothandel in delen en toebehoren van motorvoertuigen(46720)
Legal form Private limited company (pre-2019)(015)
Incorporation12-10-2001
StatusActive
Postal code5060
First BS signal 19-12-2019
Latest BS signal 16-05-2022

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
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.

Pré des Haz(TAM) 225060 Sambreville

Establishment units

1 location
Pré des Haz(TAM) 22, 5060 Sambreville
de handel in nieuwe en gebruikte aanhangwagens en opleggers
since 20012.098.566.096
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3,800 m²
Buildings1
Building footprint457 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92121B0538/00R002 Wallonia 3,800 m² 1 · 457 m² -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

4 events from the State Gazette
16-05-2022
Bankruptcy Opening
Date: 05-05-2022 · Tribunal de l’entreprise de Liège, division Namur · PNEUS Z SPRL PRE DES HAZ 22, 5060 TAMINES · Publications in State Gazette ↗
07-05-2020
Judicial reorganisation Extension
Date: 30-04-2020 · Tribunal de l’entreprise de Liège · collectif · Publications in State Gazette ↗
16-03-2020
Judicial reorganisation Extension
Date: 06-03-2020 · Tribunal de l’entreprise de Liège · collectif · Publications in State Gazette ↗
19-12-2019
Judicial reorganisation Opening
Date: 13-12-2019 · Tribunal de l’entreprise de Liège · collectif · Publications in State Gazette ↗

Time machine: BS events + macro context

2019-2026
COVID lockdownEnergiecrisisECB hikes201920202021202220232024202520262019-12-19 · Judicial reorganisation · Opening2020-03-16 · Judicial reorganisation · Extension2020-05-07 · Judicial reorganisation · Extension2022-05-16 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability100Solvency0Growth32Stability0
26 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 100
Solvency 0
Growth 32
Stability 0

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Handelsbemiddeling en groothandel in onderdelen en accessoires van motorvoertuigen45310Groothandel in delen en toebehoren van motorvoertuigen46720Groothandel in onderdelen en accessoires van auto's50301Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)45201Detailhandel in onderdelen en accessoires van motorvoertuigen45320Detailhandel in onderdelen en accessoires van motorvoertuigen47820Onderhoud en reparatie van auto's50200Kleinhandel in onderdelen en accessoires van auto's50302Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)95311
Primary activity highlighted.
Names & trade names
Legal nameFR PNEUS Z
Registered office
Pré des Haz(TAM) 22
5060 Sambreville, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.