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TC EXPRESS

Open bankruptcy
Private limited company (pre-2019)founded 1958Mechelsesteenweg 380, 2650 Edegem, BelgiumKBO/BCE: BE 0403.622.542

A bankruptcy procedure is open for TC EXPRESS according to publications in the Belgian State Gazette; curator: CATHéRINE LANNOY.

Summary

The 2023 annual accounts show equity of €5,435 and a net result of -€6,445.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
5 June 2025
Supervising judge
Thierry Van Coppenolle
Official Gazette
12-06-2025 (pdf) ↗search the document for 2025/125023

Deadlines

Provisional date payments stopped
5 June 2025A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 27 June 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 5 July 2025art. XX.104 and XX.155 CEL
First verification report
passed on 1 August 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 5 June 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-08-2024, 31 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
31 d late
2022
34 d early
2021
23 d late
2020
51 d late
2019
33 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 21 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

On 18 May 1958, TC EXPRESS was incorporated.1 Total assets went from EUR 36,928 in 2018 to EUR 41,501 in 2023.2 The company was declared bankrupt on 5 June 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 12-06-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Turnover
€13,483
EBIT margin
-47.3%
Net result
-€6,445▼ 114,375%
2022 · -€6
Working capital
€5,414▼ 54.4%
2022 · €11,880
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Turnover€13,483
Operating result-€5,765▼ 112%-€6,572▼ 14.0%-€7,087▼ 7.8%€83-€6,382
Net result-€5,832▼ 45.0%-€6,768below the sector's middle half▼ 16.1%-€7,127below the sector's middle half▼ 5.3%-€6within the sector's middle half▲ 99.9%-€6,445below the sector's middle half▼ 114,375%
EBIT margin-47.3%
Equity€25,780▼ 18.4%€19,012within the sector's middle half▼ 26.3%€11,886within the sector's middle half▼ 37.5%€11,880within the sector's middle half=€5,435below the sector's middle half▼ 54.3%
Total assets€47,003▲ 27.3%€39,755within the sector's middle half▼ 15.4%€41,912within the sector's middle half▲ 5.4%€50,001within the sector's middle half▲ 19.3%€41,501below the sector's middle half▼ 17.0%
Debt€21,223▲ 299%€20,743▼ 2.3%€30,026▲ 44.8%€38,122▲ 27.0%€36,066▼ 5.4%
Working capital€19,826▼ 37.3%€14,629within the sector's middle half▼ 26.2%€12,002within the sector's middle half▼ 18.0%€11,880within the sector's middle half▼ 1.0%€5,414within the sector's middle half▼ 54.4%
Solvency54.8%▼ 30.8pp47.8%within the sector's middle half▼ 7.0pp28.4%within the sector's middle half▼ 19.5pp23.8%within the sector's middle half▼ 4.6pp13.1%below the sector's middle half▼ 10.7pp
Current ratio1.94▼ 5.041.71within the sector's middle half▼ 0.231.40within the sector's middle half▼ 0.311.31within the sector's middle half▼ 0.091.15within the sector's middle half▼ 0.16
Return on assets (ROA)-12.4%▼ 1.5pp-17.0%below the sector's middle half▼ 4.6pp-17.0%below the sector's middle half=0.0%within the sector's middle half▲ 17.0pp-15.5%below the sector's middle half▼ 15.5pp
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€8,000-€6,000-€4,000-€2,000€0Operating result 2019: -€5,765-€5,765Net result 2019: -€5,832-€5,832Operating result 2020: -€6,572-€6,572Net result 2020: -€6,768-€6,768Operating result 2021: -€7,087-€7,087Net result 2021: -€7,127-€7,127Operating result 2022: €83€83Net result 2022: -€6-€6Operating result 2023: -€6,382-€6,382Net result 2023: -€6,445-€6,44520192020202120222023-€8,000-€6,000-€4,000-€2,000€0Operating result 2021: -€7,087-€7,090Net result 2021: -€7,127-€7,130Operating result 2022: €83€83Net result 2022: -€6-€6Operating result 2023: -€6,382-€6,380Net result 2023: -€6,445-€6,440202120222023
The operating result turns negative in 2023: a loss of €6,382 after €83 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €41,501
Fixed assets €21
Current assets €41,480
Equity and liabilities €41,501
Equity €5,435 ▼ 54.3%
Debt €36,066 ▼ 5.4%
Debt's share of the balance-sheet total rises from 76.2% to 86.9%. Equity and debt are lower.
Key figures and ratios
2023 value · change against 2022
Debt to equity
6.64▲
2022 · 3.21
ROE
-118.6%▼
2022 · 0.0%
Debt ≤ 1 year
€36,066▼
2022 · €38,122
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 36 lines
Balance sheet Code20222023
Assets
Total assets20/58€50,001€41,501▼
Fixed assets21/28-€21
Financial fixed assets28-€21
Current assets29/58€50,001€41,480▼
Amounts receivable within one year40/41€49,969€41,480▼
Trade receivables40€3,360-
Other amounts receivable41€46,609€41,480▼
Cash at bank and in hand54/58€32€0▼
Equity and liabilities
Total equity and liabilities10/49€50,001€41,501▼
Equity10/15€11,880€5,435▼
Contributions10/11€18,592€18,592=
Reserves13€5,871€5,871=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Distributable reserves133€4,011€4,011=
Profit (loss) carried forward14-€12,583-€19,028▼
Amounts payable17/49€38,122€36,066▼
Amounts payable within one year42/48€38,122€36,066▼
Trade debts44€3,992€1,641▼
Suppliers440/4€3,992€1,641▼
Other amounts payable47/48€34,130€34,425▲
Income statement Code20222023
Turnover70-€13,483
Goods, raw materials, services and sundry goods60/61-€19,757
Other operating charges640/8€102€109▲
Gross operating margin9900€185-€6,273▼
Operating profit (loss)9901€83-€6,382▼
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€90€63▼
Recurring financial charges65€90€63▼
Profit (loss) for the period before taxes9903-€5-€6,445▼
Income taxes67/77€0-
Profit (loss) for the period9904-€6-€6,445▼
Profit (loss) for the period to be appropriated9905-€6-€6,445▼
Appropriation of the result
Profit (loss) to be appropriated9906-€12,583-€19,028▼
Profit (loss) brought forward from the previous period14P-€12,577-€12,583=

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Turnover70----€13,483-
Goods, raw materials, services and sundry goods60/61----€19,757-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,500€1,500€0---
Other operating charges640/8--€13,137€102€109▲ 6.9%
Non-recurring operating charges66A--€500---
Gross operating margin9900-€3,570€1,618€6,550€185-€6,273▼ 3,494%
Operating profit (loss)9901-€5,765-€6,572-€7,087€83-€6,382▼ 7,807%
Financial income75/76B--€2€2--
Recurring financial income75€1€2€2€2--
Financial charges65/66B--€42€90€63▼ 30.1%
Recurring financial charges65€67€197€42€90€63▼ 30.1%
Profit (loss) for the period before taxes9903-€5,832-€6,767-€7,126-€5-€6,445▼ 125,045%
Income taxes67/77€0€0€0€0--
Profit (loss) for the period9904-€5,832-€6,768-€7,127-€6-€6,445▼ 114,375%
Profit (loss) for the period to be appropriated9905-€5,832-€6,768-€7,127-€6-€6,445▼ 114,375%
Line20192020202120222023Change
Assets
Total assets20/58€47,003€39,755€41,912€50,001€41,501▼ 17.0%
Fixed assets21/28€6,000€4,500€0-€21-
Tangible fixed assets22/27€6,000€4,500€0---
Furniture and vehicles24--€0---
Financial fixed assets28----€21-
Current assets29/58€41,003€35,255€41,912€50,001€41,480▼ 17.0%
Amounts receivable within one year40/41€40,689€35,247€41,554€49,969€41,480▼ 17.0%
Trade receivables40--€4,182€3,360--
Other amounts receivable41--€37,371€46,609€41,480▼ 11.0%
Cash at bank and in hand54/58€13€8€358€32€0▼ 99.1%
Equity and liabilities
Total equity and liabilities10/49€47,003€39,755€41,912€50,001€41,501▼ 17.0%
Equity10/15€25,780€19,012€11,886€11,880€5,435▼ 54.3%
Contributions10/11€18,592-€18,592€18,592€18,592=
Reserves13€5,871€5,871€5,871€5,871€5,871=
Non-distributable reserves130/1--€1,859€1,859€1,859=
Reserves not available under the articles1311--€1,859€1,859€1,859=
Distributable reserves133--€4,011€4,011€4,011=
Profit (loss) carried forward14€1,318-€5,450-€12,577-€12,583-€19,028▼ 51.2%
Amounts payable17/49€21,223€20,743€30,026€38,122€36,066▼ 5.4%
Amounts payable within one year42/48€21,177€20,627€29,910€38,122€36,066▼ 5.4%
Trade debts44€15,823€11,865€10,755€3,992€1,641▼ 58.9%
Suppliers440/4--€10,755€3,992€1,641▼ 58.9%
Other amounts payable47/48--€19,155€34,130€34,425▲ 0.9%
Accrued charges and deferred income492/3--€116---
Line20192020202120222023Change
Profit (loss) for the period9904-€5,832-€6,768-€7,127-€6-€6,445▼ 114,375%
+ Depreciation and write-downs630€1,500€1,500€0---
Operating cash flow (approximation)-€4,332-€5,268-€7,127-€6-€6,445▼ 114,375%
Investment in fixed assets (approximation)-€0€4,500---
Change in cash--€5€349-€326-€32▲ 90.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
12-06
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 05-06-2025
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
27-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial Weakest financial yearnet -€7,127
Net result drops to -€7,127, the lowest in the series.
20-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
2020
02-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
2019
05-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
06-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 37 days late
06-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 402 days late
2016
15-12
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 137 days late
04-02
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 188 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Edegem · 1 establishment unit since 1969
seat establishment The establishment unit on the map
Ground area
193 m²
Building footprint
112 m²
Volume, LiDAR
997 m³
Parcel 11472B0085/00N005, Flanders · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Mechelsesteenweg 380, 2650 Edegem
NACE 6024103
since 19692.002.558.070
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11472B0085/00N005 Flanders 193 m² 1 · 112 m² 13.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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

1 mandate
Role Name Tenure
Curator CATHéRINE LANNOY
MECHELSESTEENWEG 271/8.1, 2018 ANTWERPEN 1
05-06-2025 → present

Similar companies · same sector, comparable size

Of 12,583 companies in sector 49410 we hold annual accounts for 8,204. 2,902 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded18-05-1958
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID 0208:0403622542
Registered 12-06-2026

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.