Bankrupt · Opening faillissement (CBE)

ATLANTIC RENTAL CAR

BE0479021830

Rechtspersoon Public limited company 1 establishment

ATLANTIC RENTAL CAR is a wholesaler in Etterbeek. Public Limited, started on 12 December 2002, 1 establishment.

Priester Cuypersstraat 3, 1040 Etterbeek

Behind the company: Reinald Van Gaal.

Start date

12 December 2002

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 2 of the last 2 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 18 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

ATLANTIC RENTAL CAR from Etterbeek, company number BE0479021830, closed financial year 2022 with a result of € 312,401 after tax. For that financial year ATLANTIC RENTAL CAR recorded a gross margin of € -271 and equity of € -1.1 million. Compared with financial year 2021, the result moved from € -194,055 to € 312,401. Profitable, and profit is growing. 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 December 23, 2022.

What it is worth Caution

€ -1.1 million

▲ € 312,401 vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 312,401

▲ still € 194,055 loss in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 35

▼ € 8,684 vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2022. Retained profit grew to € -1.4 million.

People and assets in 2022

Wage cost

€ 5,389

▲ 1% vs 2021

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 839

▼ 30% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 65 years to go

€ 463,219

▼ 26% vs 2021

€ 7,050 is repaid this year. At this pace the long-term loan is gone in ≈ 65 years.

Owed to suppliers

€ 882,072

▼ 14% vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 74,145

▲ 1% vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Revenue € 2,288,261 -
Gross margin € -201,402 € -271 ▲ € 201,131
Profit after taxes € -194,055 € 312,401 ▲ € 506,456
Equity € -1,369,940 € -1,057,538 ▲ € 312,401
Total debts € 1,925,216 € 1,476,811 ▼ 23%
Cash € 8,719 € 35 ▼ € 8,684
Land & buildings € 168 € 34 ▼ 80%
Retained profit € -1,694,940 € -1,382,538 ▲ € 312,401
Bank debt € 625,019 € 463,219 ▼ 26%
Balance sheet total € 895,688 € 419,273 ▼ 53%

Key figures of ATLANTIC RENTAL CAR, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 October 2023.

What happened to ATLANTIC RENTAL CAR?

What happened at ATLANTIC RENTAL CAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

ATLANTIC RENTAL CAR is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: profit of € 312,401. filed late Source: NBB ↗
  • New establishment in Bonheiden. KBO
  • Start of the company according to the CBE. KBO

In short

From € 194,055 loss in 2021 to € 312,401 profit in 2022.

Best year ever: 2022, with € 312,401 profit.

Management

Reinald Van Gaal
ATLANTIC RENTAL CAR

Behind ATLANTIC RENTAL CAR is Reinald Van Gaal.

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Directors

According to the 2022 annual accounts

Reinald Van Gaal

Managing director

Establishments

Establishment units

Physical locations of this company

Registered office

Priester Cuypersstraat 3

1040 Etterbeek

2.133.081.072

Molenlei 56

2820 Bonheiden

Active since 4 February 2003

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0479.021.830
VAT number
BE 0479.021.830
Registered office
Priester Cuypersstraat 3, 1040 Etterbeek
Names & denominations
ATLANTIC RENTAL CAR
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
12 December 2002
Peppol
Not registered
Activities · NACE

Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)

Groothandel in motorvoertuigen

Groothandel in auto's en lichte bestelwagens (= 3,5 ton)

Handelsbemiddeling in de groothandel in andere specifieke goederen

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in motorvoertuigen

Handelsbemiddeling in motorvoertuigen

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

+1

Frequently asked questions

What does ATLANTIC RENTAL CAR do?
ATLANTIC RENTAL CAR is a wholesaler in Etterbeek. Public Limited, started on 12 December 2002, 1 establishment.
What is the address of ATLANTIC RENTAL CAR?
The registered office of ATLANTIC RENTAL CAR is located at Priester Cuypersstraat 3, 1040 Etterbeek.
Is ATLANTIC RENTAL CAR still active?
No. The CBE lists ATLANTIC RENTAL CAR with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is ATLANTIC RENTAL CAR registered on Peppol?
No, ATLANTIC RENTAL CAR is currently not registered on the Peppol network.
What is the enterprise number of ATLANTIC RENTAL CAR?
The enterprise number of ATLANTIC RENTAL CAR is BE0479021830.
When was ATLANTIC RENTAL CAR founded?
ATLANTIC RENTAL CAR was founded on 12 December 2002.