WORLD TRANS
Open bankruptcyA bankruptcy procedure is open for WORLD TRANS according to publications in the Belgian State Gazette; curator: JORIS J. DE SMET.
Summary
The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €88,379 and a net result of €47,482.
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 Brussels
- Declared bankrupt
- 11 June 2024
- Supervising judge
- Koen Swerten
- Official Gazette
- 18-06-2024 (pdf) ↗search the document for 2024/124862
Curator
- Joris J. De SmetWinston Churchilllaan 118B, 1180 Brussel 18joris@jorisjdesmet.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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. Full guide for creditors
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
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 publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, abbreviated schema
Equity
€88,379▲ 116%
2020 · €40,896
Total assets
€1.2m▲ 32.8%
2020 · €911,054
Net result
€47,482▲ 83.4%
2020 · €25,896
Working capital
-€182,021
2020 · €38,690
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021
Operating result€43,893-€116,292▲ 165%
Net result€25,896-€47,482▲ 83.4%
Equity€40,896-€88,379▲ 116%
Total assets€911,054-€1.2m▲ 32.8%
Debt€870,158-€1.1m▲ 28.9%
Working capital€38,690--€182,021
Staff (FTE)5-
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2021; 2021 is 165% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1.2m
Fixed assets
€613,364 ▼ 8.1%
Current assets
€596,885 ▲ 145%
Equity and liabilities €1.2m
Equity
€88,379 ▲ 116%
Debt
€1.1m ▲ 28.9%
Debt's share of the balance-sheet total falls from 95.5% to 92.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€240,182▲
2020 · €152,767
Cash flow
€171,373▲
2020 · €134,771
Current ratio
0.77▼
2020 · 1.19
Debt to equity
12.69▼
2020 · 16.26
ROE
53.7%▼
2020 · 63.3%
ROA
3.9%▲
2020 · 2.8%
Interest coverage
6.09
Debt ≤ 1 year
€778,907▲
2020 · €205,256
Debt > 1 year
€342,964▼
2020 · €664,901
Income taxes
€29,389▲
2020 · €6,873
Staff costs
€890,950
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €890,950 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €108,875 | €123,891 | ▲ 13.8% |
| Other operating charges640/8 | - | €57,990 | - |
| Gross operating margin9900 | €308,507 | €1.2m | ▲ 285% |
| Operating profit (loss)9901 | €43,893 | €116,292 | ▲ 165% |
| Financial income75/76B | - | €0 | - |
| Recurring financial income75 | - | €0 | - |
| Financial charges65/66B | - | €39,421 | - |
| Recurring financial charges65 | €11,123 | €39,421 | ▲ 254% |
| Profit (loss) for the period before taxes9903 | €32,770 | €76,871 | ▲ 135% |
| Income taxes67/77 | €6,873 | €29,389 | ▲ 328% |
| Profit (loss) for the period9904 | €25,896 | €47,482 | ▲ 83.4% |
| Profit (loss) for the period to be appropriated9905 | €25,896 | €47,482 | ▲ 83.4% |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €911,054 | €1.2m | ▲ 32.8% |
| Fixed assets21/28 | €667,108 | €613,364 | ▼ 8.1% |
| Tangible fixed assets22/27 | €633,108 | €534,364 | ▼ 15.6% |
| Plant, machinery and equipment23 | - | €21,467 | - |
| Furniture and vehicles24 | - | €8,709 | - |
| Leasing and similar rights25 | - | €504,188 | - |
| Financial fixed assets28 | €34,000 | €79,000 | ▲ 132% |
| Current assets29/58 | €243,946 | €596,885 | ▲ 145% |
| Amounts receivable within one year40/41 | €196,011 | €542,323 | ▲ 177% |
| Trade receivables40 | - | €386,312 | - |
| Other amounts receivable41 | - | €156,011 | - |
| Cash at bank and in hand54/58 | €47,935 | €54,562 | ▲ 13.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €911,054 | €1.2m | ▲ 32.8% |
| Equity10/15 | €40,896 | €88,379 | ▲ 116% |
| Contributions10/11 | - | €15,000 | - |
| Reserves13 | €25,896 | €73,379 | ▲ 183% |
| Non-distributable reserves130/1 | - | €1,500 | - |
| Other1319 | - | €1,500 | - |
| Distributable reserves133 | - | €71,879 | - |
| Amounts payable17/49 | €870,158 | €1.1m | ▲ 28.9% |
| Amounts payable after more than one year17 | €664,901 | €342,964 | ▼ 48.4% |
| Financial debts170/4 | - | €342,964 | - |
| Amounts payable within one year42/48 | €205,256 | €778,907 | ▲ 279% |
| Current portion of amounts payable after more than one year42 | - | €1,800 | - |
| Financial debts43 | - | €69,000 | - |
| Credit institutions430/8 | - | €69,000 | - |
| Trade debts44 | €118,784 | €540,296 | ▲ 355% |
| Suppliers440/4 | - | €540,296 | - |
| Taxes, remuneration and social security45 | - | €167,811 | - |
| Taxes450/3 | - | €160,125 | - |
| Remuneration and social security454/9 | - | €7,686 | - |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €25,896 | €47,482 | ▲ 83.4% |
| + Depreciation and write-downs630 | €108,875 | €123,891 | ▲ 13.8% |
| Operating cash flow (approximation) | €134,771 | €171,373 | ▲ 27.2% |
| Investment in fixed assets (approximation) | - | -€70,147 | - |
| Change in cash | - | €6,627 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-02
KBO administration
Address struck
2024
18-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 11-06-2024
2023
29-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 182 days late
2021
17-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 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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Directors · office · real estate
Directors
2 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, Sint-Pieters-Leeuw · 1 establishment unit since 2020
Ground area
9,483 m²
Building footprint
1,938 m²
Volume, LiDAR
4,320 m³
2 parcels, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
300
companies at this address
See who is registered here
1 establishment unit
WORLD TRANS
since 20202.298.399.459
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0505/00E000 | Flanders | 8,312 m² | 1 · 1,330 m² | - |
| 44011A0608/00T000 | Flanders | 1,172 m² | 1 · 608 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JORIS J. DE SMET WINSTON CHURCHILLLAAN 118B,
1180 BRUSSEL 18 |
11-06-2024 → present |
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 24,000 EUR awarded · 24,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 24,000 EUR | 24,000 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteDeinze2.298.399.459
Identification & contact
Identification
Legal formPrivate limited company
Founded22-01-2020
Fiscal year end31-12
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 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.