Active BE 0880.706.550Private limited company (pre-2019)

CHRISTOPHE LENAERTS GROUP

Excelsiorlaan 23 ·1930 Zaventem, Belgium· 20 yrs active

Sector: Verhuur en lease van sport- en recreatieartikelen (77210)

Conclusion Checked

The KBO register records legal situation 050 for CHRISTOPHE LENAERTS GROUP (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €780k and a net result of €-1.07M.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€780k
Net result	€-1.07M
Staff (FTE)	0.8
Better than sector	65%

Financial profile 5 of 5 axes measured · computed by Checked

26 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 2

Profitability 0

Solvency 97

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

0 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2020 · computed

2 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2020 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 17-02-2022 with the NBB · fiscal year 2020 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2020 · NACE 77, Renting & leasing · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	49.5%	32.4%	better than 65% of 57 sector peers
Net result	€-8k	€11k	better than 32% of 57 sector peers
Equity	€780k	€224k	better than 76% of 57 sector peers
Gross operating margin	€77k	€143k	better than 35% of 56 sector peers
Total assets	€1.57M	€939k	better than 71% of 57 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-2k

-572.1% 18-20

Net profit

€-1.07M

-0.8% 18-20

Cash flow

€-1.07M

-1.2% 18-20

Total assets

€1.57M

+2.5% 18-20

Equity

€780k

-1.0% 18-20

Working capital

€548k

+36.7% 18-20

Employees (FTE)

1

+300.0% 18-20

Income taxes

€792

-3.6% 18-20

Show 9 other metrics

Debt

€795k

+6.2% 18-20

Debt ≤ 1y

€180k

-15.4% 18-20

Debt > 1y

€615k

+14.7% 18-20

Current ratio

4.05

+40.2% 18-20

Quick ratio

4.05

+40.2% 18-20

Solvency

49.5%

-3.4% 18-20

Debt / equity

0.79

+15.9% 18-20

ROE

-137.2%

-1.8% 18-20

ROA

-68.0%

+1.7% 18-20

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Deposit	verkort
Revenue	-
EBITDA	€-2k
Net profit	€-1.07M
Cash flow	€-1.07M
Staff costs	-
Income taxes	€792
Dividends	-
Total assets	€1.57M
Equity	€780k
Debt	€795k
of which ≤ 1y	€180k
of which > 1y	€615k
Working capital	€548k
Employees (FTE)	0.8

Ratios (computed)

	2020
Current ratio	4.05
Quick ratio	4.05
Working capital ratio	34.8%
Solvency	49.5%
Debt / equity	0.79
Long-term debt ratio	0.79
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-68.0%
ROE	-137.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Assets

Fixed assets €848k · 53.8% Current assets €727k · 46.2%

Equity & liabilities

Equity €780k · 49.5% Debt €795k · 50.5%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.57M
Fixed assets	21/28	€848k
Tangible fixed assets	22/27	€35k
Financial fixed assets	28	€813k
Current assets	29/58	€727k
Amounts receivable within one year	40/41	€629k
Investments	50/53	€50k
Cash & bank	54/58	€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.57M
Equity	10/15	€780k
Reserves	13	€272
Accumulated profits (losses)	14	€-1.07M
Amounts payable	17/49	€795k
Amounts payable after one year	17	€615k
Amounts payable within one year	42/48	€180k
Trade debts payable within one year	44	€65k
Income statement
Gross operating margin	9900	€77k
Operating result	9901	€-7k
Financial income	75	€4k
Financial charges	65	€4k
Result before taxes	9903	€-7k
Income taxes	67/77	€792
Net result for the period	9904	€-8k
Result to be appropriated	9905	€-8k

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Verhuur en lease van sport- en recreatieartikelen(77210)
Legal form	Private limited company (pre-2019)(015)
Incorporation	13-04-2006
Status	Active
Postal code	1930

Establishment units 1 location

CL Group

Excelsiorlaan 23, 1930 Zaventemhet verstrekken van advies inzake beleggingen en het beheer van financiële patrimonia van derden (KB 05.08.1991 i.v.m. vermogensbeheer en beleggingsadvies

since 20062.155.904.380

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23094D0045/00R003	Flanders	4,598 m²	1 · 602 m²	8.6 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022

17-02-2022