OPENING OF BANKRUPTCY

LTM Transport

Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result
-24 k €
+91,1 %over 1 year
Gross margin
452 k €
-5,5 %over 1 year
Equity
-634,6 k €
-3,9 %over 1 year
Workforce
11,7 ETP
-22,0 %over 1 year

Identity

Source · BCE/KBO

LTM Transport is a Private company with limited liability incorporated in 2016. Its main activity is: Freight transport by road. Its registered office is in Charleroi. It employs on average 11,7 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0648.638.604
Incorporation
12/02/2016
Legal form
Private company with limited liability
Registered office
Rue Paul Pastur 123 box 22B
6043 Charleroi · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2023
Average workforce
11,7 ETP
Signals
Positive EBITDA

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20232022202120202019
Income statement
Gross margin452 k €478,2 k €357,9 k €701 k €641,9 k €
EBITDA2,9 k €-147,5 k €-192,3 k €-127,1 k €92,8 k €
Operating result-18,7 k €-185,5 k €-257,4 k €-230,1 k €34,7 k €
Net result-24 k €-269,3 k €-285,6 k €-234,8 k €34,5 k €
Balance sheet
Equity-634,6 k €-610,6 k €-341,3 k €-55,7 k €179,2 k €
Total assets270,2 k €178,1 k €250,2 k €433,2 k €575,8 k €
Cash13,7 k €40,9 k €16,3 k €49,3 k €165,5 k €
Debts904,8 k €788 k €591,5 k €488,9 k €396,6 k €
Other
Workforce11,7 ETP15,0 ETP15,0 ETP15,0 ETP15,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2023

1 active

Active mandates

Koray AKKUS

Director

Active

Other companies at this address

Rue Paul Pastur 123 6043 Charleroi
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0442.362.659
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0465.533.088
MKD FERRONNERIE● Active
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MY SHOP EXPRESS● Active
0797.868.649
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RS CONTAINERS● Active
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Wood&Cut● Bankrupt
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Full financial information

Source · NBB
202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/08/202418/10/202320/07/202204/10/202101/09/202022/10/2019
General meeting03/06/202420/05/202320/05/202220/05/202120/05/202020/05/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202303/06/202430/08/2024FrenchPDF
Abridged model31/12/202220/05/202318/10/2023FrenchPDF
Abridged model31/12/202120/05/202220/07/2022FrenchPDF
Abridged model31/12/202020/05/202104/10/2021FrenchPDF
Abridged model31/12/201920/05/202001/09/2020FrenchPDF
Abridged model31/12/201820/05/201922/10/2019FrenchPDF
Abridged model31/12/201720/05/201831/08/2018FrenchPDF
Abridged model31/12/201620/05/201729/08/2017FrenchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2023

1 active

Active mandates

Koray AKKUS

Director

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office20/10/2020
    SIEGE SOCIAL - MODIFICATION FORME JURIDIQUE
    PDF
  • Registered office04/12/2017
    SIEGE SOCIAL
    PDF
  • Other16/02/2016
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023-24 k €↑
  2. 2022
    Annual accounts 2022-269,3 k €↑
  3. 2021
    Annual accounts 2021-285,6 k €↓
  4. 2020
    Annual accounts 2020-234,8 k €↓
  5. 2019
    Annual accounts 201934,5 k €↓
  6. 2018
    Annual accounts 201864,7 k €↓
  7. 2017
    Annual accounts 201767,2 k €↑
  8. 2016
    Annual accounts 2016-7,2 k €
  9. 12/02/2016
    IncorporationPrivate company with limited liability