T.S. TRANSPORT

Inactive

KBO/BCE: BE 0568.999.822

T.S. TRANSPORT was declared bankrupt on 20-12-2021 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 14-05-2024, published in the Belgian State Gazette on 29-05-2024.

Summary

Inactive; last annual accounts for fiscal year 2019.

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Signals

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

○neutral

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Belgian State Gazette

No filing for years

The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 5 filings

Position against the passed deadline

31-12-2020 close31-07-2021 deadline24-09-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 29-06-2020, 32 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

32 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2019, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€37k▲ 7.5%

2018 · €35k

2018: €35k

2018 → 2019

Working capital

€79k▲ 265%

2018 · €22k

2018: €22k

2018 → 2019

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20182019Trend

Equity€63k-€101k▲ 59.1%

Operating result€37k-€46k▲ 25.3%

Net result€35k-€37k▲ 7.5%

Result per fiscal year

Operating resultNet result

The operating result rises in 2019; 2019 is 25% above 2018.

Balance-sheet composition

2019 in colour, 2018 as the grey bar beneath

Assets €480k

47.2%

52.8%

Fixed assets €227k ▲ 27.7%

Current assets €254k ▲ 50.1%

Equity and liabilities €480k

21.0%

79.0%

Equity €101k ▲ 59.1%

Debt €379k ▲ 34.0%

Debt's share of the balance-sheet total falls from 81.7% to 79.0%. Equity and debt are higher.

Key figures and ratios

2019 value · change against 2018

EBITDA

€141k▲

2018 · €96k

Cash flow

€132k▲

2018 · €94k

Current ratio

1.45▲

2018 · 1.15

Debt to equity

2.03▼

2018 · 2.14

ROE

37.2%▼

2018 · 55.0%

ROA

7.8%▼

2018 · 10.1%

Debt ≤ 1 year

€175k▲

2018 · €147k

Debt > 1 year

€204k▲

2018 · €136k

Income taxes

€7k

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 · 2019 against 2018 · 25 lines

Balance sheet Code20182019

Assets

Total assets20/58€346k€480k▲

Fixed assets21/28€177k€227k▲

Tangible fixed assets22/27€171k€218k▲

Financial fixed assets28€7k€9k▲

Current assets29/58€169k€254k▲

Amounts receivable within one year40/41€104k€213k▲

Cash at bank and in hand54/58€57k€29k▼

Equity and liabilities

Total equity and liabilities10/49€346k€480k▲

Equity10/15€63k€101k▲

Contributions10/11€16k€16k=

Reserves13€2k€2k=

Profit (loss) carried forward14€45k€83k▲

Amounts payable17/49€283k€379k▲

Amounts payable after more than one year17€136k€204k▲

Amounts payable within one year42/48€147k€175k▲

Trade debts44€104k€111k▲

Income statement Code20182019

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€94k▲

Gross operating margin9900€193k€315k▲

Operating profit (loss)9901€37k€46k▲

Recurring financial income75€27€0▼

Recurring financial charges65€2k€2k▼

Profit (loss) for the period before taxes9903€35k€45k▲

Income taxes67/77-€7k

Profit (loss) for the period9904€35k€37k▲

Profit (loss) for the period to be appropriated9905€35k€37k▲

Download as CSV

Timeline · acts, filings and financial milestones

All 8Signals 2Financial 1Filings 5

2024

29-05

Bankruptcy Bankruptcy closure (insufficient assets)

Tribunal de l’entreprise francophone de Bruxelles · T.S. TRANSPORT SRL AVENUE EUGENE PLASKY 144, 1030 Schaerbeek. déclarée le 20 décembre 2021 · event 14-05-2024

2022

03-01

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · T.S. TRANSPORT SRL AVENUE EUGENE PLASKY 144, 1030 Schaerbeek · event 20-12-2021

2020

29-06

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

31-12

Financial Equity above €100kEq €101k ▲59.1%

2 profitable years in a row build equity to €101k.

13-08

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 13 days late

2018

21-06

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

14-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 14 days late

2016

09-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 9 days late

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

Directors · office · real estate

Directors

6 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	20-12-2021 → 14-05-2024