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TRANSBORQ

Bankruptcy closed Private limited company (pre-2019)KBO/BCE: BE 0459.283.221

Information for creditors

Enterprise Court of Liège · Official Gazette of 19-05-2022

Opened on 13 May 2022 · moratorium passed on 13 November 2022

Steps, deadlines and articles of law

The procedure

Track
Reorganisation by collective agreement
Docket number
20220005
Moratorium until
13 November 2022 (passed, unless a later judgment extended it)
Delegated judge
Jean Claude Moncousin
Official Gazette
19-05-2022search the document for 2022/118075

Steps for a creditor

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for. It has to tell you. Dispute a wrong amount in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
  5. The file is in RegSol, where you can read the documents of the procedure.

The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

Follow Follow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.

This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.

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Lifetime

13 annual accounts with figures on one time axis, 23 filings since 1997
peak €535,629 (2013)
€163,747▼ 27.1%
lowest -€42,613 (2021)
-€42,613▼ €19,750
peak €263,908 (2018)
€192,976▼ 18.1%
€903,811▲ 10.8%
peak 12.8 FTE (2010)
-not published
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
21-09-2022144 days late
2021micro format
Gross margin from €224,737 to €163,747Loss of €42,613Equity from €235,588 to €192,976Cash from €1,574 to €2,875

Key points

from the 2021 annual accounts, the last ones filed

Staff

5.7 FTE from 12.8 in 2010

Between 2010 and 2021, 55% of the full-time equivalents disappeared.

Filings

23 annual accounts since 1997
deadline200020102020

Four of the last ten came late. The 2021 accounts came latest: 144 days after the end of the period.

Final months

207 days from reorganisation to bankruptcy
  • 13-05-2022 reorganisation opened
  • 06-12-2022 declared bankrupt
  • 12-12-2022 published in the Official Gazette

Board and ownership

Director
Director
Board & ownership

Recent changes

Bankruptcy closure (by liquidation) Enterprise Court of Liège, Neufchâteau division · judgment of 10-04-2026 · Bankruptcy
Bankruptcy published Enterprise Court of Liège, Neufchâteau division · judgment of 06-12-2022 · Bankruptcy
Judicial reorganisation opened Enterprise Court of Liège · collective agreement · judgment of 13-05-2022 · Judicial reorganisation
Registered office moved within Saint-Hubert New registered office: Rue du Panorama, 7 à 6870 SAINT-HUBERT · Previous registered office: Rue des Bois 17, 6870 Saint-Hubert · General meeting of 31-10-2017 · Gazette deed
All 31 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 06-12-2022
Legal form
Private limited company (pre-2019)
Activity
No activity registered in the KBO
Financial year end
30 September
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 30-09-2021

≈ €410,000estimated
€1.1m▲ 4.3%
Employeeson 30-09-2021
4
Filing
Filed on 21-09-2022
Financials

Insights on TRANSBORQ

Equity fell from €263,908 in 2018 to €192,976 in 2021, while debts rose from €725,373 to €903,811.

On 13 May 2022 the court opened a judicial reorganisation. 207 days later came the bankruptcy.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TRANSBORQ

What is the company number of TRANSBORQ?
The company number of TRANSBORQ is 0459.283.221. The VAT number is the same number with BE in front: BE 0459.283.221.
What is the legal form of TRANSBORQ?
TRANSBORQ is a private limited company (pre-2019) (BVBA).
Is TRANSBORQ still active?
No. The bankruptcy of TRANSBORQ has been closed.Company details
How many employees did TRANSBORQ have?
TRANSBORQ had an average of 5.7 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of TRANSBORQ?
The turnover in financial year 2021 is ≈ €410,000. This figure is estimated from the gross margin of €163,747 and 2,204 comparable companies of the same size. It probably lies between €270,000 and €630,000. It is a rough estimate. In financial year 2020 turnover was €315,571.
Is TRANSBORQ profitable?
In financial year 2021, TRANSBORQ made a loss of €42,613.
Where can I find the annual accounts of TRANSBORQ?
TRANSBORQ filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2021.

Next steps

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