TIME 2 TRANS
A bankruptcy procedure is open for TIME 2 TRANS according to publications in the Belgian State Gazette. The file additionally contains 2 interim measures and 2 judicial reorganisations. The 2022 annual accounts show negative equity (€-569k) and a net result of €-663k.
| Equity | €-569k |
| Net result | €-663k |
| Staff (FTE) | 32.6 |
| Active | 7 yrs |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →| Fiscal year | 2022 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-646k |
| Net profit | €-663k |
| Cash flow | €-659k |
| Staff costs | €1.28M |
| Income taxes | €680 |
| Dividends | - |
| Total assets | €220k |
| Equity | €-569k |
| Debt | €789k |
| of which ≤ 1y | €742k |
| of which > 1y | €47k |
| Working capital | €-545k |
| Employees (FTE) | 32.6 |
| 2022 | |
|---|---|
| Current ratio | 0.27 |
| Quick ratio | 0.27 |
| Working capital ratio | -247.2% |
| Solvency | -258.1% |
| Debt / equity | -1.39 |
| Long-term debt ratio | -0.08 |
| Interest coverage | -35.81 |
| Gross margin | - |
| Net margin | - |
| ROA | -301.0% |
| ROE | 116.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €220k |
| Fixed assets | 21/28 | €23k |
| Tangible fixed assets | 22/27 | €15k |
| Financial fixed assets | 28 | €7k |
| Current assets | 29/58 | €198k |
| Amounts receivable within one year | 40/41 | €118k |
| Cash & bank | 54/58 | €80k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €220k |
| Equity | 10/15 | €-569k |
| Contributions / capital | 10/11 | €15k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-585k |
| Amounts payable | 17/49 | €789k |
| Amounts payable after one year | 17 | €47k |
| Amounts payable within one year | 42/48 | €742k |
| Trade debts payable within one year | 44 | €129k |
| Income statement | ||
| Gross operating margin | 9900 | €645k |
| Operating result | 9901 | €-649k |
| Financial income | 75 | €5k |
| Financial charges | 65 | €18k |
| Result before taxes | 9903 | €-662k |
| Income taxes | 67/77 | €680 |
| Net result for the period | 9904 | €-663k |
| Result to be appropriated | 9905 | €-663k |
-
AL-ZUBAIDI HassanDirectorState Gazette act 24448258 (04-12-2024)Current28-11-2024 → present
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | NATHALIE TAEYMANS CUYLITSSTRAAT 48,
2018 ANTWERPEN 1 |
12-12-2024 → present | Belgian State Gazette |
| NACE primary | Goederenvervoer over de weg(49410) |
| Legal form | Private limited company(610) |
| Incorporation | 29-01-2019 |
| Status | Active |
| Postal code | - |
| First BS signal | 05-06-2023 |
| Latest BS signal | 18-12-2024 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3838/00N000 | Flanders | 261 m² | 1 · 261 m² | 22.5 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-12-2024 AL-ZUBAIDI Hassan appointed as director
- AL-ZUBAIDI Hassan, Bestuurder
Technical details
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}11-04-2023 Registered office moved from Beveren to Antwerpen
- Slekkenstraat 4, 9120 Beveren → Brusselstraat 51, 2018 Antwerpen
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | TIME 2 TRANS |