AL-LECTRO
InactiveAL-LECTRO was declared bankrupt on 28-02-2023 (Ondernemingsrechtbank Antwerpen, afdeling Tongeren); the bankruptcy was closed by liquidation by judgment of 26-11-2024, published in the Belgian State Gazette on 03-06-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 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
31 d late
2020
55 d late
2019
45 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, abbreviated schema
Equity
€35k▼ 34.4%
2020 · €53k
2018: €52k
2019: €61k
2020: €53k
2018 → 2021
Total assets
€95k▼ 29.6%
2020 · €135k
2018: €122k
2019: €121k
2020: €135k
2018 → 2021
Net result
€-18k▼ 127%
2020 · €-8k
2018: €7k
2019: €9k
2020: €-8k
2018 → 2021
Working capital
€34k▼ 18.1%
2020 · €41k
2018: €54k
2019: €52k
2020: €41k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€52k-€61k▲ 16.6%€53k▼ 13.2%€35k▼ 34.4%
Operating result€2k-€14k▲ 673%€-3k€493
Net result€7k-€9k▲ 30.2%€-8k€-18k▼ 127%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €493 after a loss of €3k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €95k
Fixed assets
€14k▼ 13.3%
Current assets
€81k▼ 31.8%
Equity and liabilities €95k
Equity
€35k▼ 34.4%
Debt
€61k▼ 26.5%
The debt ratio rises from 61.0% to 63.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▲
2020 · €685
Cash flow
€-16k▼
2020 · €-4k
Solvency
36.3%▼
2020 · 39.0%
Current ratio
1.71▲
2020 · 1.53
Quick ratio
1.14▼
2020 · 1.35
Debt / equity
1.75▲
2020 · 0.06
ROE
-52.4%▼
2020 · -15.2%
ROA
-19.0%▼
2020 · -5.9%
Interest coverage
0.13
Debt
€61k▼
2020 · €83k
Debt ≤ 1 year
€48k▼
2020 · €78k
Debt > 1 year
€442▼
2020 · €3k
Income taxes
€0▼
2020 · €116
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€135k€95k▼
Fixed assets21/28€16k€14k▼
Tangible fixed assets22/27€16k€14k▼
Plant, machinery and equipment23-€4k
Furniture and vehicles24-€11k
Current assets29/58€119k€81k▼
Stocks and contracts in progress3€13k€27k▲
Stocks30/36-€19k
Contracts in progress37-€8k
Amounts receivable within one year40/41€78k€52k▼
Trade receivables40-€50k
Other amounts receivable41-€2k
Cash at bank and in hand54/58€5k€2k▼
Deferred charges and accrued income490/1-€250
Equity and liabilities
Total equity and liabilities10/49€135k€95k▼
Equity10/15€53k€35k▼
Contributions10/11-€20k
Reserves13€41k€41k=
Non-distributable reserves130/1-€2k
Other1319-€2k
Distributable reserves133-€39k
Profit (loss) carried forward14€-8k€-26k▼
Amounts payable17/49€83k€61k▼
Amounts payable after more than one year17€3k€442▼
Financial debts170/4-€442
Amounts payable within one year42/48€78k€48k▼
Current portion of amounts payable after more than one year42-€3k
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€70k€30k▼
Suppliers440/4-€30k
Taxes, remuneration and social security45-€308
Taxes450/3-€308
Other amounts payable47/48-€11k
Accrued charges and deferred income492/3-€13k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8-€1k
Gross operating margin9900€2k€4k▲
Operating profit (loss)9901€-3k€493▲
Financial income75/76B-€1k
Recurring financial income75€207€1k▲
Financial charges65/66B-€20k
Recurring financial charges65€5k€20k▲
Non-recurring financial charges66B-€0
Profit (loss) for the period before taxes9903€-8k€-18k▼
Income taxes67/77€116€0▼
Profit (loss) for the period9904€-8k€-18k▼
Profit (loss) for the period to be appropriated9905€-8k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-26k
Profit (loss) brought forward from the previous period14P-€-8k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-06
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · AL - LECTRO CVBA ST-PIETERSSTRAAT(L) 43, 3630 MAASMECHELEN · event 26-11-2024
2023
06-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · AL - LECTRO CVBA ST-PIETERS- STRAAT(L) 43, 3630 MAASMECHELEN · event 28-02-2023
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 55 days late
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 45 days late
2019
31-12
Financial
Highest result since 2018net €9k ▲30.2%
Operating result €14k, net result €9k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 23 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
2015
28-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
27-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 27 days late
2013
31-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ELKE NATENS WIJNGAARDSTRAAT 6,
3700 TONGEREN |
28-02-2023 → present |
| Curator | JEF SCHEEPERS WIJNGAARD-
STRAAT 6, 3700 TONGEREN |
28-02-2023 → present |