SOUK EXPRESS
Open bankruptcyA bankruptcy procedure is open for SOUK EXPRESS according to publications in the Belgian State Gazette; curator: YSABELLE ENSCH.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 13-08-2021, 13 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
13 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Turnover
€62k
EBIT margin
-30.7%
Net result
€2k
2019 · €-17k
2018: €-19k
2019: €-17k
2018 → 2020
Working capital
€-35k▼ 44.5%
2019 · €-24k
2018: €-9k
2019: €-24k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€62k-
Equity€461-€-17k€-14k▲ 14.9%
Operating result€-19k-€-17k▲ 13.3%€3k
Net result€-19k-€-17k▲ 11.5%€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €3k after a loss of €17k in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €50k
Fixed assets
€21k ▲ 176%
Current assets
€29k ▲ 6,131%
Key figures and ratios
EBITDA
€5k▲
2019 · €-15k
Cash flow
€5k▲
2019 · €-16k
Solvency
-28.4%▲
2019 · -208.2%
Current ratio
0.45▲
2019 · 0.02
Quick ratio
0.03▲
2019 · 0.02
ROA
5.0%▲
2019 · -215.4%
Debt
€64k▲
2019 · €25k
Debt ≤ 1 year
€64k▲
2019 · €25k
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 · 25 lines
Balance sheet
Code20192020
Assets
Total assets20/58€8k€50k▲
Fixed assets21/28€8k€21k▲
Intangible fixed assets21€5k€4k▼
Tangible fixed assets22/27-€14k
Financial fixed assets28€3k€3k=
Current assets29/58€467€29k▲
Stocks and contracts in progress3-€27k
Amounts receivable within one year40/41-€357
Cash at bank and in hand54/58€467€1k▲
Equity and liabilities
Total equity and liabilities10/49€8k€50k▲
Equity10/15€-17k€-14k▲
Contributions10/11€19k-
Reserves13€1k€1k=
Profit (loss) carried forward14€-37k€-34k▲
Amounts payable17/49€25k€64k▲
Amounts payable within one year42/48€25k€64k▲
Trade debts44€906€12k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Gross operating margin9900€-4k€14k▲
Operating profit (loss)9901€-17k€3k▲
Recurring financial charges65€101€263▲
Profit (loss) for the period before taxes9903€-17k€2k▲
Income taxes67/77€481-
Profit (loss) for the period9904€-17k€2k▲
Profit (loss) for the period to be appropriated9905€-17k€2k▲
Timeline · acts, filings and financial milestones
2022
29-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SOUK EXPRESS SPRL RUE ERNEST VANDER AA 31, 1020 LAEKEN · event 22-07-2022
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
23-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 115 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 58 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
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 | YSABELLE ENSCH AVENUE LOUISE 349 B 17,
1050 BRUXELLES 5 |
22-07-2022 → present |