BUTRUS TRUCKS
Open bankruptcyA bankruptcy procedure is open for BUTRUS TRUCKS according to publications in the Belgian State Gazette; curator: PATRICK SCHRUERS. The 2022 annual accounts show negative equity (€-22k) and a net result of €18k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 16-06-2023, 45 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
45 d early
2021
31 d late
2020
31 d late
2019
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Equity
€-22k▲ 44.9%
2021 · €-40k
2018: €-33k
2019: €37k
2020: €5k
2021: €-40k
2018 → 2022
Total assets
€135k▼ 74.0%
2021 · €520k
2018: €127k
2019: €634k
2020: €566k
2021: €520k
2018 → 2022
Net result
€18k
2021 · €-45k
2018: €11k
2019: €70k
2020: €-32k
2021: €-45k
2018 → 2022
Working capital
€115k▼ 34.5%
2021 · €175k
2018: €77k
2019: €150k
2020: €219k
2021: €175k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€-33k-€37k€5k▼ 86.5%€-40k€-22k▲ 44.9%
Operating result€11k-€78k▲ 587%€-29k€-44k▼ 55.2%€23k
Net result€11k-€70k▲ 526%€-32k€-45k▼ 41.2%€18k
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 returns to profit in 2022: €23k after a loss of €44k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €135k
Fixed assets
€1k=
Current assets
€134k▼ 74.2%
Key figures and ratios
EBITDA
€23k▲
2021 · €-43k
Cash flow
€18k▲
2021 · €-44k
Solvency
-16.4%▼
2021 · -7.7%
Current ratio
7.04▲
2021 · 1.51
Quick ratio
7.04▲
2021 · 1.51
Debt / equity
-7.11▲
2021 · -13.97
ROA
13.3%▲
2021 · -8.7%
Interest coverage
4.38▲
2021 · -59.86
Debt
€157k▼
2021 · €560k
Debt ≤ 1 year
€19k▼
2021 · €343k
Debt > 1 year
€138k▼
2021 · €215k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€520k€135k▼
Fixed assets21/28€1k€1k=
Tangible fixed assets22/27€0-
Plant, machinery and equipment23€0-
Furniture and vehicles24€0-
Financial fixed assets28€1k€1k=
Current assets29/58€519k€134k▼
Amounts receivable after more than one year29€100k€0▼
Other amounts receivable291€100k€0▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€405k€66k▼
Trade receivables40€379k€65k▼
Other amounts receivable41€26k€2k▼
Cash at bank and in hand54/58€13k€67k▲
Deferred charges and accrued income490/1€212€0▼
Equity and liabilities
Total equity and liabilities10/49€520k€135k▼
Equity10/15€-40k€-22k▲
Contributions10/11€10k€10k=
Reserves13€27k€27k=
Distributable reserves133€27k€27k=
Profit (loss) carried forward14€-77k€-59k▲
Amounts payable17/49€560k€157k▼
Amounts payable after more than one year17€215k€138k▼
Financial debts170/4€215k€138k▼
Amounts payable within one year42/48€343k€19k▼
Trade debts44€337k€9k▼
Suppliers440/4€337k€9k▼
Taxes, remuneration and social security45€7k€10k▲
Taxes450/3€3k€2k▼
Remuneration and social security454/9€4k€8k▲
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€0▼
Other operating charges640/8€468€469▲
Gross operating margin9900€-43k€24k▲
Operating profit (loss)9901€-44k€23k▲
Financial income75/76B€13€0▼
Recurring financial income75€13€0▼
Financial charges65/66B€723€5k▲
Recurring financial charges65€723€5k▲
Profit (loss) for the period before taxes9903€-45k€18k▲
Profit (loss) for the period9904€-45k€18k▲
Profit (loss) for the period to be appropriated9905€-45k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-77k€-59k▲
Profit (loss) brought forward from the previous period14P€-32k€-77k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · BUTRUS TRUCKS BV DE THEUXSTRAAT 4, 1040 ETTERBEEK · event 24-06-2025
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €18k
Net result €18k after 2 loss-making years.
31-12
Financial
Liquidity times 5current ratio 7.04
Current ratio from 1.51 to 7.04; short-term debt falls from €343k to €19k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €70k ▲526%
Operating result €78k, net result €70k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
26-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Etterbeek · 1 establishment unit since 2016
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.
de Theuxstraat 41040 EtterbeekGround area
4,343 m²
Building footprint
2,802 m²
Volume, LiDAR
19,528 m³
2 parcels, Brussels, Flanders · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Butrus Trucks
since 20162.256.701.733
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43001H0451/00N002 | Flanders | 4,251 m² | 1 · 2,717 m² | 9.1 m · 2 fl. |
| 21363B0459/00H000 | Brussels | 92 m² | 1 · 85 m² | 13.0 m · 4 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PATRICK SCHRUERS LUCHTHAVENLAAN 27 BUS 38,
1800 VILVOORDE |
24-06-2025 → present |
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Of 3,191 companies in sector 52250 we hold annual accounts for 1,956. 433 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-09-2016
Fiscal year end31-12
Activities, NACEBEL
52250Logistics services
52290Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.