Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
TRANSPORTS JULIEN MASSART ET FILS from Couvin, company number BE0466749746, closed financial year 2024 with a result of € -161,063 after tax. For that financial year TRANSPORTS JULIEN MASSART ET FILS recorded a gross margin of € 866,744 and equity of € -87,802. Compared with financial year 2023, the result moved from € 30,978 to € -161,063. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ -87,802
▼ € 161,063 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -161,063
▼ still € 30,978 profit in 2023
Profit after tax over the fiscal year.
€ 18,968
▼ 38% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -98,883.
People and assets in 2024
15.8
▲ 4.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 719,571
▲ 75% vs 2023
€ 45,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 480,292
▲ 34% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 40,958
▼ 57% vs 2023
Loans from banks and other lenders, long and short.
€ 575,084
▲ 1% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 211,103
▲ 91% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | - | - | € 569,545 | € 866,744 | ▲ 52% |
| Profit after taxes | € -409 | € 0 | € 30,978 | € -161,063 | ▼ € 192,041 |
| Equity | € 42,283 | € 42,283 | € 73,261 | € -87,802 | ▼ € 161,063 |
| Total debts | € 23 | € 23 | € 777,371 | € 895,377 | ▲ 15% |
| Cash | € 14,599 | € 14,599 | € 30,757 | € 18,968 | ▼ 38% |
| Retained profit | € 31,203 | € 31,203 | € 62,180 | € -98,883 | ▼ € 161,063 |
| Bank debt | € 0 | € 0 | € 95,258 | € 40,958 | ▼ 57% |
| Balance sheet total | € 42,306 | € 42,306 | € 850,632 | € 807,575 | ▼ 5% |
| Employees (FTE) | - | - | 11.3 | 15.8 | ▲ 4.5 |
Key figures of TRANSPORTS JULIEN MASSART ET FILS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TRANSPORTS JULIEN MASSART ET FILS?
What happened at TRANSPORTS JULIEN MASSART ET FILS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
TRANSPORTS JULIEN MASSART ET FILS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 161,063 (▼ € 192,041 vs 2023). filed late Source: NBB ↗
- Nathalie CICERO became a director. NBB
- JULIEN MASSART became a director. NBB
- New establishment in Couvin. KBO
- Start of the company according to the CBE. KBO
In short
From € 409 loss in 2021 to € 161,063 loss in 2024.
Paid € 8,970 in corporate taxes since 2021.
Best year ever: 2023, with € 30,978 profit.
On average € 54,900 of value added per employee in 2024.
Management
Behind TRANSPORTS JULIEN MASSART ET FILS are Nathalie CICERO and JULIEN MASSART.
Directors
According to the 2024 annual accounts
Nathalie CICERO
Director
since 2024
JULIEN MASSART
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Avenue de la Libération 120 box B
5660 Couvin
Avenue de la Libération, Gon. 120 box B
5660 Couvin
Active since 10 January 2000
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.749.746
- VAT number
- BE 0466.749.746
- Registered office
- Avenue de la Libération 120 bus B, 5660 Couvin
- Names & denominations
- TRANSPORTS JULIEN MASSART ET FILS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 26 August 1999
- Peppol
- Not registered
- Contact
- [email protected]
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