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DE LAERE SYSTEMS

Bankruptcy
Private limited company (pre-2019)founded 2007Rozenlaan 4, 8540 Deerlijk, BelgiumKBO/BCE: BE 0892.984.077
Summary

The KBO register records for DE LAERE SYSTEMS the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2016 annual accounts show equity of €168k and a net result of €-15k.

Signals

1 signal.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2016, abbreviated schema

Equity
€168k▼ 8.1%
2015 · €182k
2012: €165k 2013: €152k 2014: €187k 2015: €182k
2012 → 2016
Total assets
€266k▲ 7.8%
2015 · €247k
2012: €308k 2013: €286k 2014: €250k 2015: €247k
2012 → 2016
Net result
€-15k▼ 235%
2015 · €-4k
2012: €43k 2013: €53k 2014: €35k 2015: €-4k
2012 → 2016
Working capital
€127k▲ 10.7%
2015 · €115k
2012: €165k 2013: €108k 2014: €98k 2015: €115k
2012 → 2016
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20122013201420152016Trend
Equity€165k-€152k▼ 8.2%€187k▲ 23.1%€182k▼ 2.4%€168k▼ 8.1%
Operating result€69k-€63k▼ 7.7%€53k▼ 16.6%€-8k€-17k▼ 103%
Net result€43k-€53k▲ 24.3%€35k▼ 34.0%€-4k€-15k▼ 235%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-25k€0€25k€50k€75kOperating result 2012: €69k€69kNet result 2012: €43k€43kOperating result 2013: €63k€63kNet result 2013: €53k€53kOperating result 2014: €53k€53kNet result 2014: €35k€35kOperating result 2015: €-8k€-8kNet result 2015: €-4k€-4kOperating result 2016: €-17k€-17kNet result 2016: €-15k€-15k20122013201420152016€-20k€0€20k€40k€60kOperating result 2014: €53k€53kNet result 2014: €35k€35kOperating result 2015: €-8k€-8.4kNet result 2015: €-4k€-4.4kOperating result 2016: €-17k€-17kNet result 2016: €-15k€-15k201420152016
The operating result stays negative: a loss of €17k in 2016 against €8k in 2015; the loss grows and 2016 has the lowest result in the available series.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €266k
Fixed assets €100k ▼ 6.8%
Current assets €167k ▲ 18.9%
Equity and liabilities €266k
Equity €168k ▼ 8.1%
Debt €99k ▲ 52.6%
Debt's share of the balance-sheet total rises from 26.2% to 37.1%. Equity is lower and debt is higher.
Key figures and ratios
2016 value · change against 2015
EBITDA
€14k
2015 · €33k
Cash flow
€16k
2015 · €37k
Current ratio
4.23
2015 · 5.57
Quick ratio
4.12
2015 · 5.50
Debt to equity
0.35
2015 · 0.22
ROE
-8.8%
2015 · -2.4%
ROA
-5.6%
2015 · -1.8%
Debt ≤ 1 year
€39k
2015 · €25k
Debt > 1 year
€59k
2015 · €40k
Income taxes
€11k
2015 · €19
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2016 against 2015 · 27 lines
Balance sheet Code20152016
Assets
Total assets20/58€247k€266k
Fixed assets21/28€107k€100k
Intangible fixed assets21€1€1=
Tangible fixed assets22/27€107k€99k
Financial fixed assets28€500€500=
Current assets29/58€140k€167k
Stocks and contracts in progress3€2k€4k
Amounts receivable within one year40/41€95k€161k
Cash at bank and in hand54/58€43k€1k
Equity and liabilities
Total equity and liabilities10/49€247k€266k
Equity10/15€182k€168k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Profit (loss) carried forward14€162k€147k
Amounts payable17/49€65k€99k
Amounts payable after more than one year17€40k€59k
Amounts payable within one year42/48€25k€39k
Trade debts44€8k€18k
Income statement Code20152016
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€31k
Gross operating margin9900€35k€30k
Operating profit (loss)9901€-8k€-17k
Recurring financial income75€6k€7k
Recurring financial charges65€2k€3k
Profit (loss) for the period before taxes9903€-4k€-4k
Income taxes67/77€19€11k
Profit (loss) for the period9904€-4k€-15k
Profit (loss) for the period to be appropriated9905€-4k€-15k

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Timeline · acts, filings and financial milestones

2017
13-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 133 days late
2016
30-06
Financial Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series.
04-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 125 days late
2015
13-04
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 72 days late
2014
11-02
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 11 days late
2013
30-06
Financial Highest result since 2012net €53k ▲24.3%
Net result €53k, the highest in the series.
19-03
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 47 days late
2012
12-06
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 133 days late
2011
01-03
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 29 days late
2010
03-02
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema · 3 days late
2009
10-01
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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
Registered office, Deerlijk · 1 establishment unit since 2008
establishment The establishment unit on the map
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.

Rozenlaan 48540 Deerlijk
Ground area
482 m²
Building footprint
201 m²
Volume, LiDAR
805 m³
Parcel 34009A0198/00T000, Flanders · tallest building 7.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DE LAERE SYSTEMS
Rozenlaan 4, 8540 DeerlijkNACE 45111
since 20082.168.065.905
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34009A0198/00T000 Flanders 482 m² 1 · 201 m² 7.9 m · 1 fl.
Linked by address, not proof of ownership
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.

Similar companies · same sector, comparable size

Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 7,079 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded16-10-2007
Fiscal year end30-06
Activities, NACEBEL 2025
82990Other business support services
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.