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TRANSERVICES

Open bankruptcy
Private limited company (pre-2019)founded 2006KBO/BCE: BE 0884.110.062

A bankruptcy procedure is open for TRANSERVICES according to publications in the Belgian State Gazette; curator: PIERRE MACHIELS.

Summary

The file additionally contains 2 judicial reorganisation notices and 1 administrative flag. The 2021 annual accounts show negative equity (-€28,242) and a net result of €3,788.

TRANSERVICESOpen bankruptcy

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 Liège, Liège division
Declared bankrupt
19 June 2023
Supervising judge
Patricia Bourdoux
Official Gazette
23-06-2023 (pdf) ↗search the document for 2023/125163

Deadlines

Appeal or third-party opposition until
passed on 8 July 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 19 July 2023art. XX.104 and XX.155 CEL
First verification report
passed on 3 August 2023Goods 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 19 June 2024Late, 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

Four 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 31-12-2021 was due by 31-07-2022 and was filed on 30-08-2022, 30 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
not filed
2022
not filed
2021
30 d late
2020
167 d late
2019
101 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 99 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 9 October 2006, TRANSERVICES was incorporated.1 Total assets went from EUR 554,150 in 2018 to EUR 679,174 in 2021 and headcount from 25 to 21.8 full-time equivalents.2 The company was declared bankrupt on 19 June 2023.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 23-06-2023

Go further with this company

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

Financials · fiscal year 2021, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3,788▼ 92.6%
2020 · €50,851
Working capital
€171,441
2020 · -€20,448
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result€16,445-€13,089▼ 20.4%€64,794▲ 395%€20,012▼ 69.1%
Net result€4,718-€4,754▲ 0.8%€50,851within the sector's middle half▲ 970%€3,788within the sector's middle half▼ 92.6%
Equity-€87,634--€82,880▲ 5.4%-€32,029below the sector's middle half▲ 61.4%-€28,242below the sector's middle half▲ 11.8%
Total assets€554,150-€625,936▲ 13.0%€674,053within the sector's middle half▲ 7.7%€679,174within the sector's middle half▲ 0.8%
Debt€641,784-€708,816▲ 10.4%€706,082▼ 0.4%€707,416▲ 0.2%
Working capital-€146,065--€149,980▼ 2.7%-€20,448within the sector's middle half▲ 86.4%€171,441within the sector's middle half
Solvency-15.8%--13.2%▲ 2.6pp-4.8%below the sector's middle half▲ 8.5pp-4.2%below the sector's middle half▲ 0.6pp
Current ratio0.72-0.74▲ 0.010.96within the sector's middle half▲ 0.231.47within the sector's middle half▲ 0.51
Return on assets (ROA)0.9%-0.8%▼ 0.1pp7.5%within the sector's middle half▲ 6.8pp0.6%within the sector's middle half▼ 7.0pp
Staff (FTE)25-25.8▲ 3.2%25.2within the sector's middle half▼ 2.3%21.8within the sector's middle half▼ 13.5%
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.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2018: €16,445€16,445Net result 2018: €4,718€4,718Operating result 2019: €13,089€13,089Net result 2019: €4,754€4,754Operating result 2020: €64,794€64,794Net result 2020: €50,851€50,851Operating result 2021: €20,012€20,012Net result 2021: €3,788€3,7882018201920202021€0€20,000€40,000€60,000Operating result 2019: €13,089€13,100Net result 2019: €4,754€4,750Operating result 2020: €64,794€64,800Net result 2020: €50,851€50,900Operating result 2021: €20,012€20,000Net result 2021: €3,788€3,790201920202021
The operating result falls in 2021; 2021 is 69% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €679,174
Fixed assets €142,943 ▼ 7.8%
Current assets €536,231 ▲ 3.3%
Key figures and ratios
2021 value · change against 2020
EBITDA
€55,252▼
2020 · €120,972
Cash flow
€39,028▼
2020 · €107,028
Quick ratio
1.44▲
2020 · 0.95
Debt to equity
-25.05▼
2020 · -5.20
Interest coverage
4.10
Debt ≤ 1 year
€364,790▼
2020 · €539,540
Debt > 1 year
€342,373▲
2020 · €166,542
Income taxes
€3,137▼
2020 · €4,200
Staff costs
€412,625
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 · 2021 against 2020 · 51 lines
Balance sheet Code20202021
Assets
Total assets20/58€674,053€679,174▲
Fixed assets21/28€154,960€142,943▼
Tangible fixed assets22/27€79,960€67,943▼
Furniture and vehicles24-€67,943
Financial fixed assets28€75,000€75,000=
Current assets29/58€519,092€536,231▲
Stocks and contracts in progress3€8,550€9,352▲
Stocks30/36-€9,352
Amounts receivable within one year40/41€449,911€489,699▲
Trade receivables40-€154,804
Other amounts receivable41-€334,896
Cash at bank and in hand54/58€60,631€26,335▼
Deferred charges and accrued income490/1-€10,845
Equity and liabilities
Total equity and liabilities10/49€674,053€679,174▲
Equity10/15-€32,029-€28,242▲
Contributions10/11-€25,000
Reserves13€1,250€1,250=
Non-distributable reserves130/1-€1,250
Reserves not available under the articles1311-€1,250
Profit (loss) carried forward14-€58,279-€54,492▲
Amounts payable17/49€706,082€707,416▲
Amounts payable after more than one year17€166,542€342,373▲
Financial debts170/4-€107,233
Other amounts payable178/9-€235,139
Amounts payable within one year42/48€539,540€364,790▼
Current portion of amounts payable after more than one year42-€81,855
Financial debts43-€10,479
Credit institutions430/8-€10,479
Trade debts44€384,381€153,557▼
Suppliers440/4-€153,557
Taxes, remuneration and social security45-€82,474
Taxes450/3-€8,182
Remuneration and social security454/9-€74,292
Other amounts payable47/48-€36,425
Accrued charges and deferred income492/3-€253
Income statement Code20202021
Remuneration, social security and pensions62-€412,625
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56,177€35,240▼
Other operating charges640/8-€21,864
Gross operating margin9900€609,595€489,740▼
Operating profit (loss)9901€64,794€20,012▼
Financial income75/76B-€376
Recurring financial income75€12€376▲
Financial charges65/66B-€13,463
Recurring financial charges65€9,756€13,463▲
Profit (loss) for the period before taxes9903€55,051€6,924▼
Income taxes67/77€4,200€3,137▼
Profit (loss) for the period9904€50,851€3,788▼
Profit (loss) for the period to be appropriated9905€50,851€3,788▼
Appropriation of the result
Profit (loss) to be appropriated9906--€54,492
Profit (loss) brought forward from the previous period14P--€58,279
Social balance
Average headcount (FTE)9087-21.8

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Remuneration, social security and pensions62---€412,625-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83,232€100,116€56,177€35,240▼ 37.3%
Other operating charges640/8---€21,864-
Gross operating margin9900€690,683€791,075€609,595€489,740▼ 19.7%
Operating profit (loss)9901€16,445€13,089€64,794€20,012▼ 69.1%
Financial income75/76B---€376-
Recurring financial income75€2€0€12€376▲ 2,988%
Financial charges65/66B---€13,463-
Recurring financial charges65€11,728€8,336€9,756€13,463▲ 38.0%
Profit (loss) for the period before taxes9903€4,718€4,754€55,051€6,924▼ 87.4%
Income taxes67/77--€4,200€3,137▼ 25.3%
Profit (loss) for the period9904€4,718€4,754€50,851€3,788▼ 92.6%
Profit (loss) for the period to be appropriated9905€4,718€4,754€50,851€3,788▼ 92.6%
Line2018201920202021Change
Assets
Total assets20/58€554,150€625,936€674,053€679,174▲ 0.8%
Fixed assets21/28€172,702€208,414€154,960€142,943▼ 7.8%
Tangible fixed assets22/27€97,702€133,414€79,960€67,943▼ 15.0%
Furniture and vehicles24---€67,943-
Financial fixed assets28€75,000€75,000€75,000€75,000=
Current assets29/58€381,449€417,522€519,092€536,231▲ 3.3%
Stocks and contracts in progress3€8,652€7,979€8,550€9,352▲ 9.4%
Stocks30/36---€9,352-
Amounts receivable within one year40/41€317,246€354,892€449,911€489,699▲ 8.8%
Trade receivables40---€154,804-
Other amounts receivable41---€334,896-
Cash at bank and in hand54/58€13,541€21,917€60,631€26,335▼ 56.6%
Deferred charges and accrued income490/1---€10,845-
Equity and liabilities
Total equity and liabilities10/49€554,150€625,936€674,053€679,174▲ 0.8%
Equity10/15-€87,634-€82,880-€32,029-€28,242▲ 11.8%
Contributions10/11€25,000€25,000-€25,000-
Reserves13€1,250€1,250€1,250€1,250=
Non-distributable reserves130/1---€1,250-
Reserves not available under the articles1311---€1,250-
Profit (loss) carried forward14-€113,884-€109,130-€58,279-€54,492▲ 6.5%
Amounts payable17/49€641,784€708,816€706,082€707,416▲ 0.2%
Amounts payable after more than one year17€114,270€141,314€166,542€342,373▲ 106%
Financial debts170/4---€107,233-
Other amounts payable178/9---€235,139-
Amounts payable within one year42/48€527,514€567,502€539,540€364,790▼ 32.4%
Current portion of amounts payable after more than one year42---€81,855-
Financial debts43---€10,479-
Credit institutions430/8---€10,479-
Trade debts44€258,134€337,620€384,381€153,557▼ 60.1%
Suppliers440/4---€153,557-
Taxes, remuneration and social security45---€82,474-
Taxes450/3---€8,182-
Remuneration and social security454/9---€74,292-
Other amounts payable47/48---€36,425-
Accrued charges and deferred income492/3---€253-
Line2018201920202021Change
Profit (loss) for the period9904€4,718€4,754€50,851€3,788▼ 92.6%
+ Depreciation and write-downs630€83,232€100,116€56,177€35,240▼ 37.3%
Operating cash flow (approximation)€87,950€104,869€107,028€39,028▼ 63.5%
Investment in fixed assets (approximation)--€135,828-€2,724-€23,223▼ 753%
Change in cash-€8,376€38,714-€34,297▼ 189%

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

Download as CSV

Timeline · acts, filings and financial milestones

2024
02-02
KBO administration Address struck
Rue du Cimetière 93 L’adresse du siège Rue du Cimetière 93 4030 Die Sitzadresse Rue du Cimetière 93 4030 4030 Luik is doorgehaald met ingang van Liège · event 29-11-2023
2023
23-06
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 19-06-2023
07-03
Judicial reorganisation Reorganisation ended early
Tribunal de l’entreprise de Liège, division Liège · event 28-02-2023
2022
28-12
Judicial reorganisation Opening
Tribunal de l’entreprise de Liège · collective agreement · event 20-12-2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 30 days late
14-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 167 days late
2021
31-12
Financial Weakest financial yearnet €3,788 ▼92.6%
Net result drops to €3,788, the lowest in the series.
2020
31-12
Financial Highest result since 2018net €50,851 ▲970%
Operating result €64,794, net result €50,851, both a record.
09-11
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 101 days late
2019
26-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Show earlier events
2016
26-04
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
29-05
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
30-09
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 61 days late
2013
22-07
NBB filing Annual accounts filed
fiscal year 2012 · 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.

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

Directors · office · real estate

Directors
5 acts for this company are 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, Liège · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
652 m²
Building footprint
91 m²
Volume, LiDAR
696 m³
Parcel 62302C0494/00D008, Wallonia · tallest building 8.3 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
TRANSERVICES
NACE 6022001
since 20062.158.108.953
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62302C0494/00D008 Wallonia 652 m² 1 · 91 m² 8.3 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 PIERRE MACHIELS
RUE DES CROISIERS 15, 4500 HUY-
19-06-2023 → present

Similar companies · same sector, comparable size

Of 963 companies in sector 49310 we hold annual accounts for 490. 347 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)
Founded09-10-2006
Fiscal year end31-12
Activities, NACEBEL 2025
49310Scheduled passenger transport by road
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 30 September 2026 · Peppol Directory

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