Bankrupt · Opening faillissement (CBE)

X-SPEED

BE0695426751

Rechtspersoon Private limited company 1 establishment

X-SPEED is a road haulage company in La Louvière. Private Limited, started on 24 April 2018, 1 establishment.

Chaussée Paul Houtart(H-A) 281, 7110 La Louvière

Start date

24 April 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 1 of the last 2 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 45 % of short-term debt in 2021; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2021

X-SPEED from La Louvière, company number BE0695426751, closed financial year 2021 with a result of € -20,310 after tax. For that financial year X-SPEED recorded a gross margin of € -12,958 and equity of € -3,160. Compared with financial year 2020, the result moved from € 27,477 to € -20,310. 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 October 17, 2022.

What it is worth Caution

€ -3,160

▼ € 20,310 vs 2020

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

Loss Caution

€ -20,310

▼ still € 27,477 profit in 2020

Profit after tax over the fiscal year.

Cash in the bank

€ 1,949

▲ 136% vs 2020

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -9,360.

People and assets in 2021

Wage cost

€ 3,285

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

€ 1,782

▼ 41% vs 2020

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

€ 91,444

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

Taxes

€ 2,233

▼ 77% 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
Gross margin € 32,616 € -12,958 ▼ € 45,575
Profit after taxes € 27,477 € -20,310 ▼ € 47,787
Equity € 17,150 € -3,160 ▼ € 20,310
Total debts € 119,949 € 103,864 ▼ 13%
Cash € 824 € 1,949 ▲ 136%
Retained profit € 10,950 € -9,360 ▼ € 20,310
Dividend € 18,000 € 0 ▼ 100%
Balance sheet total € 137,098 € 100,704 ▼ 27%

Key figures of X-SPEED, 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 X-SPEED?

What happened at X-SPEED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

X-SPEED is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2021: loss of € 20,310 (▼ € 47,787 vs 2020). filed late Source: NBB ↗
  • New establishment in La Louvière. KBO
  • Start of the company according to the CBE. KBO

In short

From € 27,477 profit in 2020 to € 20,310 loss in 2021.

Paid € 2,030 in corporate taxes since 2020.

Best year ever: 2020, with € 27,477 profit.

Paid out € 18,000 in dividends to the owners in total.

Establishments

Establishment units

Physical locations of this company

Registered office

Chaussée Paul Houtart(H-A) 281

7110 La Louvière

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

Details

Company number
0695.426.751
VAT number
BE 0695.426.751
Registered office
Chaussée Paul Houtart(H-A) 281, 7110 La Louvière
Names & denominations
X-SPEED
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
24 April 2018
Peppol
Not registered
Activities · NACE

Goederenvervoer over de weg

Frequently asked questions

What does X-SPEED do?
X-SPEED is a road haulage company in La Louvière. Private Limited, started on 24 April 2018, 1 establishment.
What is the address of X-SPEED?
The registered office of X-SPEED is located at Chaussée Paul Houtart(H-A) 281, 7110 La Louvière.
Is X-SPEED still active?
No. The CBE lists X-SPEED 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 X-SPEED registered on Peppol?
No, X-SPEED is currently not registered on the Peppol network.
What is the enterprise number of X-SPEED?
The enterprise number of X-SPEED is BE0695426751.
When was X-SPEED founded?
X-SPEED was founded on 24 April 2018.