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TIME 2 TRANS

Open bankruptcy
Private limited companyfounded 2019KBO/BCE: BE 0719.526.697

A bankruptcy procedure is open for TIME 2 TRANS according to publications in the Belgian Official Gazette. The trustee is Nathalie Taeymans.

Summary

The file additionally contains 2 interim measures, 2 judicial reorganisation notices and 1 administrative flag. The 2023 annual accounts show equity of €30,995 and a net result of €599,604, of which €2.3m non-recurring income.

TIME 2 TRANSOpen bankruptcy

Information for creditors

Open bankruptcy Source: Belgian Official Gazette

Declared bankrupt on 12 December 2024 · trustee Nathalie Taeymans · a claim can no longer be filed

Creditor guide for this company

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Supervising judge
Alain Koevoets
Official Gazette
18-12-2024search the document for 2024/149607

Deadlines

Provisional date payments stopped
12 December 2024A later judgment can still change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 2 January 2025That is fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 11 January 2025art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 7 February 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 12 December 2025A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law

Trustee

Steps for a creditor

  1. The deadlines to file your claim have passed, including for a late claim. That was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol. The trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.

A late claim was possible until a year after the judgment (art. XX.165, Code of Economic Law). That deadline has passed too.

The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Follow Follow this bankruptcy and you are notified the next morning if it is closed or reversed.

This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.

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Overview

Official details

Source: KBO
Status
Open bankruptcy registered since 29-01-2019
Legal form
Private limited company
Activity
Freight transport by road NACE 49410
Joint committee
140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden · annual accounts 2022
Establishment unit
2.284.495.696 since 29-01-2019
Financial year end
31 December
Peppol
Reachable since 05-09-2023

Board and ownership

Board

Financial position

No score
Annual accounts 2023
Gross margin
€2.9m
▲ 357%
Turnover
≈ €5.6m
estimated
Profit
€599,604
Equity
€30,995
Total assets
€836,785
▲ 280%
Employees on 31-12-2023
40
▼ 20.0%

Key points

  • Positive: Back in profit in 2023after a loss of €663,073 in 2022 €599,604 View

Recent changes

  1. · KBO administration Address struckevent 11-01-2026
  2. · Bankruptcy Bankruptcy declaredEnterprise Court of Antwerp, Antwerp division · judgment of 12-12-2024
  3. · Gazette deed Appointment: AL-ZUBAIDI Hassan (director)
All 17 events

Key facts about TIME 2 TRANS

What is the company number of TIME 2 TRANS?
The company number of TIME 2 TRANS is 0719.526.697. The VAT number is the same number with BE in front: BE 0719.526.697.
What does TIME 2 TRANS do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of TIME 2 TRANS?
The legal form of TIME 2 TRANS is Private limited company (BV).
When was TIME 2 TRANS founded?
TIME 2 TRANS was founded on 29-01-2019.
Is TIME 2 TRANS still active?
A bankruptcy is running. A bankruptcy trustee manages the company.Company details
How many employees did TIME 2 TRANS have?
TIME 2 TRANS had an average of 41.4 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does TIME 2 TRANS fall under?
In its 2022 annual accounts, TIME 2 TRANS states joint committee 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden).
What is the turnover of TIME 2 TRANS?
The turnover in financial year 2023 is ≈ €5.6m. This figure is estimated from the gross margin of €2.9m and 31 comparable companies (NACE 49410). It probably lies between €4.8m and €6.5m. In financial year 2021 turnover was €2.1m.
Is TIME 2 TRANS profitable?
In financial year 2023, TIME 2 TRANS made a profit of €599,604.
Where can I find the annual accounts of TIME 2 TRANS?
TIME 2 TRANS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

Next steps

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