TRAVSO
Open bankruptcySummary
A bankruptcy procedure is open for TRAVSO according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €283 and a net result of €-8k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€283▼ 96.7%
2020 · €9k
2020: €9k
2020 → 2021
Total assets
€43k▲ 181%
2020 · €15k
2020: €15k
2020 → 2021
Net result
€-8k▲ 17.2%
2020 · €-10k
2020: €-10k
2020 → 2021
Working capital
€-721
2020 · €7k
2020: €7k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€9k-€283▼ 96.7%
Operating result€-10k-€-8k▲ 18.1%
Net result€-10k-€-8k▲ 17.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2021 against €10k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €43k
Fixed assets
€1k ▼ 37.9%
Current assets
€42k ▲ 207%
Equity and liabilities €43k
Equity
€283 ▼ 96.7%
Debt
€42k ▲ 540%
Debt's share of the balance-sheet total rises from 43.6% to 99.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-7k▲
2020 · €-9k
Cash flow
€-8k▲
2020 · €-9k
Current ratio
0.98▼
2020 · 2.10
ROA
-19.4%▲
2020 · -65.9%
Interest coverage
-28.36
Debt ≤ 1 year
€42k▲
2020 · €6k
Staff costs
€66k
Equity ratios withheld: equity of €283 is too small for a meaningful ratio.
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 · 36 lines
Balance sheet
Code20202021
Assets
Total assets20/58€15k€43k▲
Fixed assets21/28€2k€1k▼
Intangible fixed assets21€1k€957▼
Tangible fixed assets22/27€234€47▼
Furniture and vehicles24-€47
Current assets29/58€14k€42k▲
Amounts receivable within one year40/41€10k€33k▲
Trade receivables40-€32k
Other amounts receivable41-€537
Cash at bank and in hand54/58€4k€9k▲
Equity and liabilities
Total equity and liabilities10/49€15k€43k▲
Equity10/15€9k€283▼
Contributions10/11-€19k
Profit (loss) carried forward14€-10k€-18k▼
Amounts payable17/49€7k€42k▲
Amounts payable within one year42/48€6k€42k▲
Trade debts44€2k€19k▲
Suppliers440/4-€19k
Advances received on contracts in progress46-€13k
Taxes, remuneration and social security45-€10k
Taxes450/3-€4k
Remuneration and social security454/9-€6k
Income statement
Code20202021
Non-recurring operating income76A-€377
Remuneration, social security and pensions62-€66k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€613▼
Gross operating margin9900€48k€58k▲
Operating profit (loss)9901€-10k€-8k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B-€261
Recurring financial charges65€208€261▲
Profit (loss) for the period before taxes9903€-10k€-8k▲
Profit (loss) for the period9904€-10k€-8k▲
Profit (loss) for the period to be appropriated9905€-10k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-18k
Profit (loss) brought forward from the previous period14P-€-10k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
23-06
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · TRAVSO SCRL FS RUE CATHERINE SERET 2-4, 4470 SAINT-GEORGES-SUR-MEUSE · event 19-06-2023
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
SignalNBB filing
Directors · office · real estate
Directors
4 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, Saint-Georges-sur-Meuse · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Catherine Seret 2-44470 Saint-Georges-sur-MeuseGround area
241 m²
Building footprint
113 m²
Volume, LiDAR
973 m³
2 parcels, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée d' Ivoz(IVR) 223, 4400 Flémalle
since 20192.287.475.873
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62412C0540/00M008 | Wallonia | 169 m² | 1 · 57 m² | 10.9 m · 3 fl. |
| 64065B0056/00T002 | Wallonia | 73 m² | 1 · 56 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | LEON LEDUC PLACE DE BRONCKART 1,
4000 LIEGE 1 |
19-06-2023 → present |
| Curator | JEAN-LUC PAQUOT AVENUE
BLONDEN 33, 4000 LIEGE 1 |
19-06-2023 → present |
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 569 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid met een sociaal oogmerk
Founded25-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.