J.L.C.FROID & Cie
BankruptcySummary
The KBO register records for J.L.C.FROID & Cie the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €326k and a net result of €79k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 27-09-2021, 58 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
58 d late
2019
402 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Turnover
€636k▲ 8.9%
2019 · €584k
2018: €494k
2019: €584k
2018 → 2020
EBIT margin
16.0%▼ 8.4pp
2019 · 24.4%
2018: 38.9%
2019: 24.4%
2018 → 2020
Net result
€79k▼ 26.8%
2019 · €107k
2018: €139k
2019: €107k
2018 → 2020
Working capital
€278k▲ 42.5%
2019 · €195k
2018: €129k
2019: €195k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€494k-€584k▲ 18.1%€636k▲ 8.9%
Equity€140k-€248k▲ 76.7%€326k▲ 31.7%
Operating result€192k-€143k▼ 25.8%€102k▼ 28.7%
Net result€139k-€107k▼ 22.8%€79k▼ 26.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2020 is 29% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €470k
Fixed assets
€80k ▼ 21.8%
Current assets
€390k ▲ 24.1%
Equity and liabilities €470k
Equity
€326k ▲ 31.7%
Debt
€144k ▼ 14.9%
Debt's share of the balance-sheet total falls from 40.6% to 30.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€124k▼
2019 · €165k
Cash flow
€101k▼
2019 · €130k
Current ratio
3.49▲
2019 · 2.64
Debt to equity
0.09▼
2019 · 0.18
ROE
24.1%▼
2019 · 43.4%
ROA
16.7%▼
2019 · 25.8%
Debt ≤ 1 year
€112k▼
2019 · €119k
Debt > 1 year
€29k▼
2019 · €45k
Income taxes
€21k▼
2019 · €34k
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 · 2020 against 2019 · 24 lines
Balance sheet
Code20192020
Assets
Total assets20/58€417k€470k▲
Fixed assets21/28€103k€80k▼
Tangible fixed assets22/27€103k€80k▼
Current assets29/58€314k€390k▲
Amounts receivable within one year40/41€156k€102k▼
Cash at bank and in hand54/58€154k€133k▼
Equity and liabilities
Total equity and liabilities10/49€417k€470k▲
Equity10/15€248k€326k▲
Contributions10/11€1k€1k=
Reserves13€100€100=
Profit (loss) carried forward14€247k€325k▲
Amounts payable17/49€169k€144k▼
Amounts payable after more than one year17€45k€29k▼
Amounts payable within one year42/48€119k€112k▼
Trade debts44€3k€32k▲
Income statement
Code20192020
Turnover70€584k€636k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k=
Gross operating margin9900€166k€126k▼
Operating profit (loss)9901€143k€102k▼
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€141k€100k▼
Income taxes67/77€34k€21k▼
Profit (loss) for the period9904€107k€79k▼
Profit (loss) for the period to be appropriated9905€107k€79k▼
Timeline · acts, filings and financial milestones
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
06-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 402 days late
06-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 768 days late
2020
31-12
Financial
Weakest financial yearnet €79k ▼26.8%
Net result drops to €79k, the lowest in the series.
2019
31-12
Financial
Equity above €200kEq €248k ▲76.7%
2 profitable years in a row build equity to €248k.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Mettet · 1 establishment unit since 2017
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.
Rue d'Anthée, Ermeton-s.-B. 15644 MettetGround area
1,665 m²
Building footprint
226 m²
Volume, LiDAR
1,552 m³
Parcel 92037A0467/00D002, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
J.L.C.FROID & Cie
since 20172.270.580.948
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92037A0467/00D002 | Wallonia | 1,665 m² | 1 · 226 m² | 8.8 m · 2 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.
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Of 1,743 companies in sector 46150 we hold annual accounts for 757. 491 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 formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded04-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46150Agents in the wholesale of furniture, household goods and hardware
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:marchalrene@yahoo.fr
Phone:0495-128533