SOUTRANS
InactiveSOUTRANS was declared bankrupt on 31-10-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 10-06-2025, published in the Belgian State Gazette on 13-06-2025.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Three 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 31-12-2024, 2 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
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-10-2024, 68 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
68 d late
2022
217 d late
2021
582 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€-8k
2022 · €8k
2021: €4k
2022: €8k
2021 → 2023
Total assets
€14k▼ 62.5%
2022 · €38k
2021: €21k
2022: €38k
2021 → 2023
Net result
€-16k
2022 · €4k
2021: €14k
2022: €4k
2021 → 2023
Working capital
€-6k
2022 · €4k
2021: €-12k
2022: €4k
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Equity€4k-€8k▲ 81.0%€-8k
Operating result€15k-€4k▼ 74.4%€-15k
Net result€14k-€4k▼ 74.9%€-16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €15k after €4k in 2022, the lowest result in the available series.
Key figures and ratios
Solvency
-54.9%▼
2022 · 21.6%
Current ratio
0.70▼
2022 · 1.14
Debt to equity
-2.82▼
2022 · 3.62
ROA
-112.6%▼
2022 · 9.7%
Debt
€22k▼
2022 · €29k
Debt ≤ 1 year
€20k▼
2022 · €28k
Debt > 1 year
€2k=
2022 · €2k
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 · 2023 against 2022 · 36 lines
Balance sheet
Code20222023
Assets
Total assets20/58€38k€14k▼
Fixed assets21/28€6k-
Tangible fixed assets22/27€6k-
Furniture and vehicles24€6k-
Current assets29/58€32k€14k▼
Amounts receivable within one year40/41€27k€10k▼
Trade receivables40€3k€7k▲
Other amounts receivable41€24k€3k▼
Cash at bank and in hand54/58€4k€4k▼
Deferred charges and accrued income490/1€456-
Equity and liabilities
Total equity and liabilities10/49€38k€14k▼
Equity10/15€8k€-8k▼
Profit (loss) carried forward14€8k€-8k▼
Amounts payable17/49€29k€22k▼
Amounts payable after more than one year17€2k€2k=
Financial debts170/4€2k€2k=
Amounts payable within one year42/48€28k€20k▼
Financial debts43-€6k
Other loans439-€6k
Trade debts44€8k€7k▼
Suppliers440/4€8k€7k▼
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€6k€3k▼
Other amounts payable47/48€14k€4k▼
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-
Other operating charges640/8-€101
Non-recurring operating charges66A-€173
Gross operating margin9900€6k€-15k▼
Operating profit (loss)9901€4k€-15k▼
Financial charges65/66B€83€652▲
Recurring financial charges65€83€652▲
Profit (loss) for the period before taxes9903€4k€-16k▼
Profit (loss) for the period9904€4k€-16k▼
Profit (loss) for the period to be appropriated9905€4k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-8k▼
Profit (loss) brought forward from the previous period14P€4k€8k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · SOUTRANS BV NIJVERHEIDSSTRAAT 70, 2160 WOMMELGEM · event 10-06-2025
2024
20-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · SOUTRANS BV NIJVERHEIDS- STRAAT 70, 2160 WOMMELGEM · event 31-10-2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
04-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 217 days late
04-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 582 days late
2023
31-12
Financial
Weakest financial yearnet €-16k ▼536%
Net result drops to €-16k, the lowest in the series.
2022
31-12
Financial
Liquidity quadruplescurrent ratio 1.14
Current ratio from 0.28 to 1.14.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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 | GUY VANHOUCKE ANSELMOSTRAAT 2,
2018 ANTWERPEN 1 |
31-10-2024 → 10-06-2025 |