PRO TIME SERVICES TRANSPORTS

Open bankruptcy

Private limited companyfounded 2019Stalingradlaan 52, 1000 Brussel, BelgiumKBO/BCE: BE 0737.523.662

A bankruptcy procedure is open for PRO TIME SERVICES TRANSPORTS according to publications in the Belgian State Gazette. The file additionally contains 4 administrative flags. The 2023 annual accounts show equity of €58k and a net result of €38k.

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Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Administrative warnings in the KBO publications

4 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.

KBO publications

Publications

UBO non-compliance×3Address struck

Financials · fiscal year 2023, full schema

Turnover

€582k▲ 27.3%

2022 · €457k

2022: €457k

2022 → 2023

EBIT margin

6.6%▲ 5.3pp

2022 · 1.3%

2022: 1.3%

2022 → 2023

Net result

€38k

2022 · €-3k

2020: €21k 2021: €23k 2022: €-3k

2020 → 2023

Working capital

€-5k▲ 77.1%

2022 · €-21k

2020: €9k 2021: €36k 2022: €-21k

2020 → 2023

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2020202120222023Trend

Turnover€457k€582k▲ 27.3%

Equity€23k-€46k▲ 99.9%€43k▼ 6.8%€58k▲ 35.9%

Operating result€31k-€23k▼ 24.7%€6k▼ 73.3%€39k▲ 529%

Net result€21k-€23k▲ 6.9%€-3k€38k

Result per fiscal year

Operating resultNet result

The operating result recovers in 2023; 2023 is 529% above 2022 and is the highest result in the available series.

Balance-sheet composition

2023 in colour, 2022 as the grey bar beneath

Assets €158k

49.9%

50.1%

Fixed assets €79k▲ 10.7%

Current assets €79k▼ 42.4%

Equity and liabilities €159k

36.5%

63.5%

Equity €58k▲ 35.9%

Debt €101k▼ 39.6%

The debt ratio falls from 79.6% to 63.5%. Equity is higher and debt is lower.

Key figures and ratios

2023 value · change against 2022

EBITDA

€63k▲

2022 · €16k

Cash flow

€63k▲

2022 · €7k

Solvency

36.5%▲

2022 · 20.4%

Current ratio

0.94▲

2022 · 0.87

Quick ratio

0.94▲

2022 · 0.87

Debt / equity

1.74▼

2022 · 3.91

ROE

65.9%▲

2022 · -7.3%

ROA

24.1%▲

2022 · -1.5%

Interest coverage

123.56▲

2022 · 57.93

Debt

€101k▼

2022 · €167k

Debt ≤ 1 year

€84k▼

2022 · €159k

Staff costs

€65k▲

2022 · €29k

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 · 2023 against 2022

Balance sheet Code20222023

Assets

Total assets20/58€210k€159k▼

Formation expenses20€516€516▼

Fixed assets21/28€71k€79k▲

Tangible fixed assets22/27€71k€79k▲

Furniture and vehicles24€71k€79k▲

Current assets29/58€138k€79k▼

Amounts receivable within one year40/41€88k€63k▼

Trade receivables40€39k€30k▼

Other amounts receivable41€49k€33k▼

Current investments50/53-€8k

Cash at bank and in hand54/58€50k€8k▼

Equity and liabilities

Total equity and liabilities10/49€210k€159k▼

Equity10/15€43k€58k▲

Contributions10/11€2k€2k=

Capital10€2k-

Issued capital100€2k-

Reserves13€1k€1k▼

Non-distributable reserves130/1€1k€1k▼

Legal reserve130€1k-

Reserves not available under the articles1311-€1k

Profit (loss) carried forward14€40k€55k▲

Amounts payable17/49€167k€101k▼

Amounts payable within one year42/48€159k€84k▼

Trade debts44€127k€26k▼

Suppliers440/4€127k€26k▼

Taxes, remuneration and social security45€31k€58k▲

Taxes450/3€29k€44k▲

Remuneration and social security454/9€2k€14k▲

Accrued charges and deferred income492/3€8k€17k▲

Income statement Code20222023

Turnover70€457k€582k▲

Goods, raw materials, services and sundry goods60/61€444k€437k▼

Remuneration, social security and pensions62€29k€65k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€25k▲

Other operating charges640/8€2k€16k▲

Non-recurring operating charges66A-€1k

Gross operating margin9900€47k€145k▲

Operating profit (loss)9901€6k€39k▲

Financial income75/76B€5€58▲

Recurring financial income75€5€58▲

Financial charges65/66B€284€512▲

Recurring financial charges65€284€512▲

Profit (loss) for the period before taxes9903€6k€38k▲

Income taxes67/77€9k-

Profit (loss) for the period9904€-3k€38k▲

Profit (loss) for the period to be appropriated9905€-3k€38k▲

Appropriation of the result

Profit (loss) to be appropriated9906€40k€78k▲

Profit (loss) brought forward from the previous period14P€43k€40k▼

Profit to be distributed694/7-€23k

Directors or managers695-€23k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Signals 6Financial 2Filings 4

2026

19-03

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SRL PRO TIME SERVICES TRANSPORTS AVENUE DE STALINGRAD 52, 1000 BRUXELLES · event 09-03-2026

2025

05-09

KBO administration UBO non-compliance

event 22-08-2025

31-07

Bankruptcy Bankruptcy reversal

Ondernemingsrechtbank Brussel · PRO TIME SERVICES TRANSPORTS BV STALINGRADLAAN 52, 1000 BRUSSEL · event 25-07-2025

15-07

Bankruptcy Opening

Ondernemingsrechtbank Brussel · PRO TIME SERVICES TRANS- PORTS BV STALINGRADLAAN 52, 1000 BRUSSEL · event 08-07-2025

07-05

KBO administration Address struck

25-02

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 209 days late

2024

31-10

KBO administration UBO non-compliance

event 22-10-2024

2023

31-12

Financial Back to profitnet €38k

Net result €38k after one loss-making year.

22-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 114 days late

2022

31-12

Financial Weakest financial yearnet €-3k ▼114%

Net result drops to €-3k, the lowest in the series.

26-11

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 118 days late

11-01

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 164 days late

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Brussel · 1 establishment unit since 2019

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.

Stalingradlaan 521000 Brussel

Ground area

336 m²

Building footprint

340 m²

Volume, LiDAR

4,175 m³

Parcel 21809K0170/02B005, Brussels · tallest building 21.1 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

PRO TIME SERVICES TRANSPORTS

Stalingradlaan 52, 1000 BrusselFreight transport by road

since 20192.303.751.483

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21809K0170/02B005	Brussels	336 m²	1 · 340 m²	21.1 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates

Role	Name	Tenure
Curator	GAUTIER PIRARD AVENUE FRANKLIN ROOSE- VELT 51, 1050 IXELLES ↔ Also on 172 other cases	09-03-2026 → present
Curator	WINNY TIRMARCHE A. DE COCKPLEIN 9, 1831 DIEGEM	08-07-2025 → present