TRANGO
InactiveTRANGO was declared bankrupt; according to the publications in the Belgian State Gazette the procedure is no longer open (latest notice 07-04-2023).
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-11-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
30-11-2022 close30-06-2023 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-11-2021 was due by 30-06-2022 and was filed on 31-03-2023, 274 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
274 d late
2020
20 d early
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Turnover
€48k▼ 31.0%
2019 · €69k
2018: €71k
2019: €69k
2018 → 2020
EBIT margin
3.8%▼ 7.1pp
2019 · 10.9%
2018: 0.2%
2019: 10.9%
2018 → 2020
Net result
€-29k
2020 · €1k
2018: €35
2019: €5k
2020: €1k
2018 → 2021
Working capital
€54k▼ 34.8%
2020 · €82k
2018: €76k
2019: €81k
2020: €82k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€71k-€69k▼ 2.9%€48k▼ 31.0%
Equity€76k-€81k▲ 6.8%€82k▲ 1.4%€54k▼ 34.8%
Operating result€145-€8k▲ 5,092%€2k▼ 75.7%€-28k
Net result€35-€5k▲ 14,573%€1k▼ 77.4%€-29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €28k after €2k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €145k
Equity
€54k ▼ 34.8%
Debt
€91k ▲ 10.2%
Debt's share of the balance-sheet total rises from 50.1% to 63.0%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.59▼
2020 · 1.99
Debt to equity
1.70
ROE
-53.4%▼
2020 · 1.4%
ROA
-19.8%▼
2020 · 0.7%
Debt ≤ 1 year
€91k▲
2020 · €83k
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 · 2021 against 2020 · 32 lines
Balance sheet
Code20202021
Assets
Total assets20/58€165k€145k▼
Current assets29/58€165k€145k▼
Amounts receivable within one year40/41€164k€140k▼
Trade receivables40-€41k
Other amounts receivable41-€99k
Cash at bank and in hand54/58€759€4k▲
Equity and liabilities
Total equity and liabilities10/49€165k€145k▼
Equity10/15€82k€54k▼
Contributions10/11-€6k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€74k€45k▼
Amounts payable17/49€83k€91k▲
Amounts payable within one year42/48€83k€91k▲
Trade debts44€76k€77k▲
Suppliers440/4-€76k
Bills of exchange payable441-€1k
Taxes, remuneration and social security45-€14k
Remuneration and social security454/9-€14k
Income statement
Code20202021
Turnover70€48k-
Goods, raw materials, services and sundry goods60/61-€34k
Gross operating margin9900€2k€-28k▼
Operating profit (loss)9901€2k€-28k▼
Financial charges65/66B-€77
Recurring financial charges65€341€77▼
Profit (loss) for the period before taxes9903€1k€-29k▼
Income taxes67/77€326-
Profit (loss) for the period9904€1k€-29k▼
Profit (loss) for the period to be appropriated9905€1k€-29k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€45k
Profit (loss) brought forward from the previous period14P-€74k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
07-04
Bankruptcy
Judicial dissolution
Tribunal de l’entreprise francophone de Bruxelles
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 274 days late
2021
30-11
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-11
Financial
Highest result since 2018net €5k ▲14,573%
Operating result €8k, net result €5k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
25-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
2 locations