Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Late annual account NBB
Fiscal year 2022 was filed 237 days after the legal deadline.
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Busy address KBO
95 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
CORRECT TRANS from Gent, company number BE0695821976, closed financial year 2022 with a result of € 39,062 after tax. For that financial year CORRECT TRANS recorded a gross margin of € 169,160 and equity of € 162,135. Compared with financial year 2021, the result moved from € 40,030 to € 39,062. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 24, 2024.
€ 162,135
▲ 32% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,062
▼ 2% vs 2021
Profit after tax over the fiscal year.
€ 29,147
▼ 10% vs 2021
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2022. Retained profit grew to € 143,535.
People and assets in 2022
€ 113,051
▲ 165% 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.
€ 50,972
▲ 22% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 21,862
Loans from banks and other lenders, long and short.
€ 53,362
▲ 14% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 71,054
▲ 25% vs 2021
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 102,242 | € 169,160 | ▲ 65% |
| Profit after taxes | € 40,030 | € 39,062 | ▼ 2% |
| Equity | € 123,072 | € 162,135 | ▲ 32% |
| Total debts | € 105,013 | € 146,277 | ▲ 39% |
| Cash | € 32,486 | € 29,147 | ▼ 10% |
| Retained profit | € 104,472 | € 143,535 | ▲ 37% |
| Bank debt | € 0 | € 21,862 | |
| Balance sheet total | € 228,085 | € 308,412 | ▲ 35% |
Key figures of CORRECT TRANS, 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 July 2024.
What happened to CORRECT TRANS?
What happened at CORRECT TRANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
CORRECT TRANS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: profit of € 39,062 (▼ 2% vs 2021). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,030 profit in 2021 to € 39,062 profit in 2022.
Best year ever: 2021, with € 40,030 profit.
Establishments
Establishment units
Physical locations of this company
Oktrooiplein 1 box 201
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 95 companies are registered at this address.
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+90 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0695.821.976
- VAT number
- BE 0695.821.976
- Registered office
- Oktrooiplein 1 bus 201, 9000 Gent
- Names & denominations
- CORRECT TRANS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 8 May 2018
- Peppol
- Not registered
- Activities · NACE
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