LOOK ELECTRO
InactiveChecked score
Score 2020
17
/ 100
Critical▼ -28 vs 2019
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2019
Profitability100▲+100
Solvency33▼-25
Growth32▼-26
Stability-
Credit verdict
No credit on open account
Liquidity short (current ratio 0.41 against 0.96 in 2019), and equity is negative.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline11-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
31 d late
2019
89 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-59k▼ 341%
2019 · €-13k
2018: €-40k
2019: €-13k
2018 → 2020
Working capital
€-52k▼ 1,947%
2019 · €-3k
2018: €5k
2019: €-3k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€45k-€31k▼ 29.9%€-28k
Operating result€-38k-€-7k▲ 80.4%€-51k▼ 592%
Net result€-40k-€-13k▲ 66.4%€-59k▼ 341%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €51k in 2020 against €7k in 2019; the loss grows and 2020 is the lowest year so far.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €77k
Fixed assets
€40k▼ 28.3%
Current assets
€37k▼ 46.5%
Key figures and ratios
EBITDA
€-37k▼
2019 · €13k
Cash flow
€-45k▼
2019 · €7k
Solvency
-35.8%▼
2019 · 25.1%
Current ratio
0.41▼
2019 · 0.96
Quick ratio
0.36▼
2019 · 0.85
Debt / equity
-0.57▼
2019 · 0.71
ROE
213.9%▲
2019 · -42.6%
ROA
-76.6%▼
2019 · -10.7%
Debt
€105k▲
2019 · €94k
Debt ≤ 1 year
€89k▲
2019 · €71k
Debt > 1 year
€16k▼
2019 · €22k
Income taxes
€0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€125k€77k▼
Fixed assets21/28€56k€40k▼
Tangible fixed assets22/27€55k€40k▼
Financial fixed assets28€1k-
Current assets29/58€69k€37k▼
Stocks and contracts in progress3€8k€5k▼
Amounts receivable within one year40/41€56k€23k▼
Cash at bank and in hand54/58€933€6k▲
Equity and liabilities
Total equity and liabilities10/49€125k€77k▼
Equity10/15€31k€-28k▼
Contributions10/11€6k-
Reserves13€46k€46k=
Profit (loss) carried forward14€-21k€-80k▼
Amounts payable17/49€94k€105k▲
Amounts payable after more than one year17€22k€16k▼
Amounts payable within one year42/48€71k€89k▲
Trade debts44€24k€24k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€15k▼
Gross operating margin9900€129k€69k▼
Operating profit (loss)9901€-7k€-51k▼
Recurring financial income75€4€75▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€-13k€-59k▼
Income taxes67/77-€0
Profit (loss) for the period9904€-13k€-59k▼
Profit (loss) for the period to be appropriated9905€-13k€-59k▼
Timeline · acts, filings and financial milestones
2022
03-11
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise du Hainaut, division Charleroi · LOOK ELECTRO SPRL RUE GRANDE 238, 7120 ESTINNES AU VAL. déclarée le 11 octobre 2021 · event 24-10-2022
2021
13-12
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · LOOK ELECTRO SPRL RUE GRANDE 238, 7120 ESTINNES AU VAL · event 11-10-2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-59k
Net result drops to €-59k, the lowest in the series.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 89 days late
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 246 days late
2019
07-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 219 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
27-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 27 days late
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 30 days late
2012
30-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BERNARD GROFILS RUE DE ROBIANO 62,
7130 BINCHE- .
Date provisoire de cessation de paiement : 11/10/2021 |
11-10-2021 → present |