Bankrupt · Opening faillissement (CBE)

TAURUS EXPRESS

BE0691869920

Rechtspersoon Private limited company 1 establishment

Grasmarkt 35, 1000 Brussel

Behind the company: Sherzad Mohammad.

Start date

8 March 2018

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 61 % of short-term debt in 2021; threshold 65 %.

  • Late annual account NBB

    Fiscal year 2021 was filed 234 days after the legal deadline.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2021

TAURUS EXPRESS from Brussel, company number BE0691869920, closed financial year 2021 with a result of € 11,725 after tax. For that financial year TAURUS EXPRESS recorded revenue of € 217,753 and equity of € -11,019. Compared with financial year 2020, the result moved from € -25,913 to € 11,725. 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 March 22, 2023.

What it is worth Caution

€ -11,019

▲ € 11,725 vs 2020

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

Profit Growing

€ 11,725

▲ still € 25,913 loss in 2020

Profit after tax over the fiscal year.

Cash in the bank

€ 5,038

▲ 30% vs 2020

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

Where the profit goes Growing

Stays in the company

No dividend for 2021. Retained profit grew to € -11,020.

People and assets in 2021

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 27,907

▲ 18% vs 2020

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

€ 3,887

Book value of vehicles, furniture and equipment.

Debts at end 2021

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 38,650

▼ 76% vs 2020

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

Taxes

€ 2,521

▼ 90% vs 2020

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
20202021Change 2020 → 2021
Revenue € 87,092 € 217,753 ▲ 150%
Gross margin € -3,013 € 44,807 ▲ € 47,819
Profit after taxes € -25,913 € 11,725 ▲ € 37,638
Equity € -22,745 € -11,019 ▲ € 11,725
Total debts € 184,742 € 41,172 ▼ 78%
Cash € 3,884 € 5,038 ▲ 30%
Retained profit € -22,746 € -11,020 ▲ € 11,725
Balance sheet total € 161,997 € 30,153 ▼ 81%

Key figures of TAURUS EXPRESS, fiscal years 2020 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 31 July 2023.

What happened to TAURUS EXPRESS?

What happened at TAURUS EXPRESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

TAURUS EXPRESS is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2021: profit of € 11,725. filed late Source: NBB ↗
  • New establishment in Brussel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 25,913 loss in 2020 to € 11,725 profit in 2021.

Best year ever: 2021, with € 11,725 profit.

Management

Sherzad Mohammad
TAURUS EXPRESS

Behind TAURUS EXPRESS is Sherzad Mohammad.

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Directors

According to the 2021 annual accounts

Sherzad Mohammad

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Grasmarkt 35

1000 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 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
0691.869.920
VAT number
BE 0691.869.920
Registered office
Grasmarkt 35, 1000 Brussel
Names & denominations
TAURUS EXPRESS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
8 March 2018
Peppol
Not registered

Frequently asked questions

What is the address of TAURUS EXPRESS?
The registered office of TAURUS EXPRESS is located at Grasmarkt 35, 1000 Brussel.
Is TAURUS EXPRESS still active?
No. The CBE lists TAURUS EXPRESS 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 TAURUS EXPRESS registered on Peppol?
No, TAURUS EXPRESS is currently not registered on the Peppol network.
What is the enterprise number of TAURUS EXPRESS?
The enterprise number of TAURUS EXPRESS is BE0691869920.
When was TAURUS EXPRESS founded?
TAURUS EXPRESS was founded on 8 March 2018.
Who owns TAURUS EXPRESS?
Behind TAURUS EXPRESS is Sherzad Mohammad.