BY LORENA
InactiveBY LORENA was declared bankrupt on 03-10-2023 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed for insufficient assets by judgment of 08-04-2025, published in the Belgian State Gazette on 11-04-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three 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 · 3 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline28-09-2026 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 30-08-2021, 30 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
30 d late
2019
40 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 35 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Equity
€13,993▲ 34.2%
2019 · €10,430
Total assets
€17,119▲ 35.7%
2019 · €12,618
Net result
€2,870
2019 · -€2,237
Working capital
€13,660▲ 39.9%
2019 · €9,763
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result-€4,954--€2,064▲ 58.3%€2,997
Net result-€5,240--€2,237▲ 57.3%€2,870
Equity€12,267-€10,430▼ 15.0%€13,993▲ 34.2%
Total assets€13,224-€12,618▼ 4.6%€17,119▲ 35.7%
Debt€957-€2,188▲ 129%€3,126▲ 42.9%
Working capital€12,267-€9,763▼ 20.4%€13,660▲ 39.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €2,997 after a loss of €2,064 in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €17,119
Fixed assets
€333 ▼ 50.1%
Current assets
€16,786 ▲ 40.5%
Equity and liabilities €17,119
Equity
€13,993 ▲ 34.2%
Debt
€3,126 ▲ 42.9%
Debt's share of the balance-sheet total rises from 17.3% to 18.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3,331▲
2019 · -€1,731
Cash flow
€3,204▲
2019 · -€1,904
Current ratio
5.37▼
2019 · 5.46
Quick ratio
5.19▲
2019 · 5.07
ROE
20.5%▲
2019 · -21.4%
ROA
16.8%▲
2019 · -17.7%
Debt ≤ 1 year
€3,126▲
2019 · €2,188
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €333 | €334 | ▲ 0.3% |
| Gross operating margin9900 | -€4,658 | -€1,636 | €3,531 | ▲ 316% |
| Operating profit (loss)9901 | -€4,954 | -€2,064 | €2,997 | ▲ 245% |
| Recurring financial income75 | - | €3 | - | - |
| Recurring financial charges65 | €286 | €176 | €127 | ▼ 27.8% |
| Profit (loss) for the period before taxes9903 | -€5,240 | -€2,237 | €2,870 | ▲ 228% |
| Profit (loss) for the period9904 | -€5,240 | -€2,237 | €2,870 | ▲ 228% |
| Profit (loss) for the period to be appropriated9905 | -€5,240 | -€2,237 | €2,870 | ▲ 228% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €13,224 | €12,618 | €17,119 | ▲ 35.7% |
| Fixed assets21/28 | - | €667 | €333 | ▼ 50.1% |
| Tangible fixed assets22/27 | - | €667 | €333 | ▼ 50.1% |
| Current assets29/58 | €13,224 | €11,951 | €16,786 | ▲ 40.5% |
| Stocks and contracts in progress3 | €1,001 | €848 | €547 | ▼ 35.5% |
| Amounts receivable within one year40/41 | €11,659 | €11,103 | €16,221 | ▲ 46.1% |
| Cash at bank and in hand54/58 | €564 | - | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €13,224 | €12,618 | €17,119 | ▲ 35.7% |
| Equity10/15 | €12,267 | €10,430 | €13,993 | ▲ 34.2% |
| Contributions10/11 | €17,507 | €17,907 | - | - |
| Profit (loss) carried forward14 | -€5,240 | -€7,477 | -€4,607 | ▲ 38.4% |
| Amounts payable17/49 | €957 | €2,188 | €3,126 | ▲ 42.9% |
| Amounts payable within one year42/48 | €957 | €2,188 | €3,126 | ▲ 42.9% |
| Trade debts44 | €287 | €1,766 | €2,288 | ▲ 29.6% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,240 | -€2,237 | €2,870 | ▲ 228% |
| + Depreciation and write-downs630 | - | €333 | €334 | ▲ 0.3% |
| Operating cash flow (approximation) | -€5,240 | -€1,904 | €3,204 | ▲ 268% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 08-04-2025
2023
09-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 03-10-2023
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €2,870
Net result €2,870 after 2 loss-making years.
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARK BRUURS ALPHENSEWEG 12, 2387 BAARLE-
HERTOG |
03-10-2023 → 08-04-2025 |