Turnover€2.13M+245.8%
EBIT margin1.1%-4.4pp
Net result€-663k
Working capital€-545k
Directors1
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for TIME 2 TRANS according to publications in the Belgian State Gazette. The file additionally contains 2 pre-bankruptcy signals and 2 judicial reorganisations. The 2022 annual accounts show negative equity (€-569k) and a net result of €-663k.
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
5 events18-12-2024
Bankruptcy
Opening
22-01-2024
Interim measure
Provisional administrator
11-12-2023
Judicial reorganisation
Plan homologation
Showing 3 of 5 signals
Financials
FY 2022
€-569k
equity
Turnover—
Net result€-663kHealth0/100 · Critical
See full annual accounts
People & board
No director data processed yet.
To directors Publicationslatest 18-12-2024
8
publications in the State GazetteAL-ZUBAIDI Hassan appointed as directorAll publications & acts Network & structure
No network or structure data processed.
To structure
Trust signals
1 signalOpen bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
0 events
No administrative flags
Company registry (CBE)
Crossroads BankActivities
Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410
Primary activity highlighted.
Names & trade names
| Legal nameNL | TIME 2 TRANS |
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.