ARPI TRANS
InactiveARPI TRANS was declared bankrupt on 06-10-2022 (Ondernemingsrechtbank Gent, afdeling Oudenaarde); the bankruptcy was closed by liquidation by judgment of 09-01-2025, published in the Belgian State Gazette on 15-01-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-07-2021, 1 day ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
1 d early
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, abbreviated schema
Turnover
€401k▲ 27.0%
2019 · €316k
2019: €316k
2019 → 2020
EBIT margin
14.2%▲ 7.1pp
2019 · 7.2%
2019: 7.2%
2019 → 2020
Net result
€40k▲ 161%
2019 · €15k
2018: €-5k
2019: €15k
2018 → 2020
Working capital
€-2k▲ 67.5%
2019 · €-7k
2018: €-3k
2019: €-7k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€316k€401k▲ 27.0%
Equity€1k-€24k▲ 2,211%€63k▲ 169%
Operating result€-4k-€23k€57k▲ 152%
Net result€-5k-€15k€40k▲ 161%
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 has risen two years in a row; 2020 is 152% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €265k
Fixed assets
€192k ▲ 58.9%
Current assets
€73k ▲ 38.6%
Equity and liabilities €265k
Equity
€63k ▲ 169%
Debt
€202k ▲ 34.5%
Debt's share of the balance-sheet total falls from 86.4% to 76.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€92k▲
2019 · €63k
Cash flow
€74k▲
2019 · €55k
Current ratio
0.97▲
2019 · 0.88
Debt to equity
1.98▼
2019 · 3.79
ROE
62.8%▼
2019 · 64.8%
ROA
15.0%▲
2019 · 8.8%
Debt ≤ 1 year
€76k▲
2019 · €60k
Debt > 1 year
€126k▲
2019 · €89k
Income taxes
€12k▲
2019 · €4k
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 · 2020 against 2019 · 26 lines
Balance sheet
Code20192020
Assets
Total assets20/58€174k€265k▲
Formation expenses20€0€0=
Fixed assets21/28€121k€192k▲
Tangible fixed assets22/27€97k€157k▲
Financial fixed assets28€24k€35k▲
Current assets29/58€53k€73k▲
Amounts receivable within one year40/41€17k€48k▲
Cash at bank and in hand54/58€15k€21k▲
Equity and liabilities
Total equity and liabilities10/49€174k€265k▲
Equity10/15€24k€63k▲
Contributions10/11€6k-
Profit (loss) carried forward14€17k€57k▲
Amounts payable17/49€150k€202k▲
Amounts payable after more than one year17€89k€126k▲
Amounts payable within one year42/48€60k€76k▲
Trade debts44€5k€9k▲
Income statement
Code20192020
Turnover70€316k€401k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€35k▼
Gross operating margin9900€124k€197k▲
Operating profit (loss)9901€23k€57k▲
Recurring financial income75€1€37▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€19k€51k▲
Income taxes67/77€4k€12k▲
Profit (loss) for the period9904€15k€40k▲
Profit (loss) for the period to be appropriated9905€15k€40k▲
Timeline · acts, filings and financial milestones
2025
15-01
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Oudenaarde · ARPI TRANS BV VELDEKENSDREEF(OVE) 23, 9500 GERAARDSBERGEN · event 09-01-2025
2022
17-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · ARPI TRANS BV VELDEKENS- DREEF(OVE) 23, 9500 GERAARDSBERGEN · event 06-10-2022
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €40k ▲161%
Operating result €57k, net result €40k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Ali HEERMAN EINESTRAAT 34, 9700 OUDENAARDE- |
06-10-2022 → 09-01-2025 |