ST. JOHN FREIGHT SYSTEMS BELGIUM
InactiveST. JOHN FREIGHT SYSTEMS BELGIUM was declared bankrupt on 25-11-2021 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 02-04-2024, published in the Belgian State Gazette on 08-04-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four 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 31-03-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-03-2021 close31-10-2021 deadline23-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2020 was due by 31-10-2020 and was filed on 08-03-2021, 128 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
128 d late
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€1.61M▲ 22.2%
2019 · €1.32M
2019: €1.32M
2019 → 2020
Total assets
€3.56M▼ 3.4%
2019 · €3.68M
2019: €3.68M
2019 → 2020
Net result
€293k▲ 23.6%
2019 · €237k
2019: €237k
2019 → 2020
Working capital
€977k▲ 94.2%
2019 · €503k
2019: €503k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Equity€1.32M-€1.61M▲ 22.2%
Operating result€438k-€503k▲ 15.0%
Net result€237k-€293k▲ 23.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2020; 2020 is 15% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €3.56M
Fixed assets
€760k▼ 6.9%
Current assets
€2.80M▼ 2.4%
Equity and liabilities €3.56M
Equity
€1.61M▲ 22.2%
Debt
€1.95M▼ 17.6%
The debt ratio falls from 64.2% to 54.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€536k▲
2019 · €471k
Cash flow
€326k▲
2019 · €270k
Solvency
45.3%▲
2019 · 35.8%
Current ratio
1.54▲
2019 · 1.21
Quick ratio
1.54▲
2019 · 1.21
Debt / equity
0.08
ROE
18.2%▲
2019 · 18.0%
ROA
8.2%▲
2019 · 6.4%
Debt
€1.95M▼
2019 · €2.36M
Debt ≤ 1 year
€1.82M▼
2019 · €2.36M
Debt > 1 year
€121k
Income taxes
€99k▲
2019 · €83k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€3.68M€3.56M▼
Fixed assets21/28€816k€760k▼
Tangible fixed assets22/27€769k€746k▼
Financial fixed assets28€47k€14k▼
Current assets29/58€2.87M€2.80M▼
Amounts receivable within one year40/41€2.18M€976k▼
Cash at bank and in hand54/58€23k€41k▲
Equity and liabilities
Total equity and liabilities10/49€3.68M€3.56M▼
Equity10/15€1.32M€1.61M▲
Contributions10/11€75k€75k=
Reserves13€8k€8k=
Profit (loss) carried forward14€1.24M€1.53M▲
Amounts payable17/49€2.36M€1.95M▼
Amounts payable after more than one year17-€121k
Amounts payable within one year42/48€2.36M€1.82M▼
Trade debts44€936k€458k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€32k▼
Gross operating margin9900€685k€721k▲
Operating profit (loss)9901€438k€503k▲
Recurring financial income75€10€8▼
Recurring financial charges65€118k€111k▼
Profit (loss) for the period before taxes9903€320k€392k▲
Income taxes67/77€83k€99k▲
Profit (loss) for the period9904€237k€293k▲
Profit (loss) for the period to be appropriated9905€237k€293k▲
Timeline · acts, filings and financial milestones
2024
08-04
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · ST. JOHN FREIGHT SYSTEMS BELGIUM BV MADRASSTRAAT 70, 2000 ANTWERPEN 1 · event 02-04-2024
2022
03-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · ST. JOHN FREIGHT SYSTEMS BELGIUM BV MADRASSTRAAT 70, 2000 ANTWERPEN 1 · event 25-11-2021
2021
08-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 128 days late
2019
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
14-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2012
08-10
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2011
07-11
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 7 days late
2010
29-09
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
SignalNBB filing
Directors · office · real estate
Directors
5 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 |
25-11-2021 → present |