Bankrupt · Opening faillissement (CBE)

HOYU EUROPE LOGISTICS

BE0749768032

Rechtspersoon Private limited company 1 establishment

HOYU EUROPE LOGISTICS is a road haulage company in Machelen (Brab.). Private Limited, started on 3 July 2020, 1 establishment.

Bedrijvenzone Machelen-Cargo 172, 1830 Machelen (Brab.) +3242358213 [email protected]

Behind the company: SHUO WANG.

Start date

3 July 2020

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 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Shrinking team NBB

    FTE fell two years in a row, from 28.2 to 20.1.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

HOYU EUROPE LOGISTICS from Machelen (Brab.), company number BE0749768032, closed financial year 2023 with a result of € -1.3 million after tax. For that financial year HOYU EUROPE LOGISTICS recorded revenue of € 72.5 million and equity of € -1.6 million. Compared with financial year 2022, the result moved from € -400,041 to € -1.3 million. 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 9, 2024.

What it is worth Caution

€ -1.6 million

▼ € 1.3 million vs 2022

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

Loss Caution

€ -1.3 million

▼ 214 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 127,836

▼ 74% vs 2022

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 € -1.7 million.

People and assets in 2023

Full-time equivalents

20.1

▼ 5.8 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.3 million

▼ 18% vs 2022

€ 66,400 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.

Vehicles and equipment

€ 162,529

▼ 32% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt

None

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

Owed to suppliers

€ 67.9 million

▲ 67% vs 2022

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 341 days on average.

Taxes and wages

€ 203,216

▼ 7% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Revenue - € 45,106,878 € 72,534,996 ▲ 61%
Gross margin € 2,937,490 - -
Profit after taxes € 3,962 € -400,041 € -1,257,837 ▼ € 857,796
Equity € 68,962 € -331,079 € -1,588,916 ▼ € 1.3 million
Total debts € 12,978,670 € 41,310,242 € 99,164,720 ▲ 140%
Cash € 608,363 € 495,992 € 127,836 ▼ 74%
Retained profit € 3,962 € -396,079 € -1,653,916 ▼ € 1.3 million
Balance sheet total € 13,047,632 € 40,979,163 € 97,575,804 ▲ 138%
Employees (FTE) 28.2 25.9 20.1 ▼ 5.8

Key figures of HOYU EUROPE LOGISTICS, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to HOYU EUROPE LOGISTICS?

What happened at HOYU EUROPE LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

HOYU EUROPE LOGISTICS is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 1.3 million. filed late Source: NBB ↗
  • New establishment in Machelen (Brab.). KBO
  • SHUO WANG became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 3,962 profit in 2021 to € 1.3 million loss in 2023.

Paid € 34,696 in corporate taxes since 2021.

Best year ever: 2021, with € 3,962 profit.

On average € 104,200 of value added per employee in 2021.

Management

SHUO WANG
HOYU EUROPE LOGISTICS

Behind HOYU EUROPE LOGISTICS is SHUO WANG.

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Directors

According to the 2023 annual accounts

SHUO WANG

Director

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Bedrijvenzone Machelen-Cargo 172

1830 Machelen (Brab.)

2.320.610.776

Bedrijvenzone Machelen-Cargo 712

1830 Machelen (Brab.)

Active since 16 August 2021

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

Details

Company number
0749.768.032
VAT number
BE 0749.768.032
Registered office
Bedrijvenzone Machelen-Cargo 172, 1830 Machelen (Brab.)
Names & denominations
HOYU EUROPE LOGISTICS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
3 July 2020
Peppol
Not registered
Activities · NACE

Goederenvervoer over de weg

Frequently asked questions

What does HOYU EUROPE LOGISTICS do?
HOYU EUROPE LOGISTICS is a road haulage company in Machelen (Brab.). Private Limited, started on 3 July 2020, 1 establishment.
What is the address of HOYU EUROPE LOGISTICS?
The registered office of HOYU EUROPE LOGISTICS is located at Bedrijvenzone Machelen-Cargo 172, 1830 Machelen (Brab.).
Is HOYU EUROPE LOGISTICS still active?
No. The CBE lists HOYU EUROPE LOGISTICS 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 HOYU EUROPE LOGISTICS registered on Peppol?
No, HOYU EUROPE LOGISTICS is currently not registered on the Peppol network.
What is the enterprise number of HOYU EUROPE LOGISTICS?
The enterprise number of HOYU EUROPE LOGISTICS is BE0749768032.
When was HOYU EUROPE LOGISTICS founded?
HOYU EUROPE LOGISTICS was founded on 3 July 2020.