K-LUX
Open bankruptcyA bankruptcy procedure is open for K-LUX according to publications in the Belgian State Gazette; curator: ELKE AERTS. The 2021 annual accounts show equity of €37k and a net result of €-2k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2021, micro schema
Equity
€37k▼ 4.6%
2020 · €39k
2018: €8k
2019: €33k
2020: €39k
2018 → 2021
Total assets
€46k▲ 6.6%
2020 · €43k
2018: €17k
2019: €46k
2020: €43k
2018 → 2021
Net result
€-2k
2020 · €6k
2018: €6k
2019: €25k
2020: €6k
2018 → 2021
Working capital
€31k▼ 0.1%
2020 · €31k
2018: €489
2019: €20k
2020: €31k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€8k-€33k▲ 291%€39k▲ 18.6%€37k▼ 4.6%
Operating result€6k-€26k▲ 338%€6k▼ 75.0%€5k▼ 26.4%
Net result€6k-€25k▲ 323%€6k▼ 75.0%€-2k
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; 2021 is 26% below 2020 and is the lowest year so far.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €46k
Fixed assets
€7k▼ 20.3%
Current assets
€40k▲ 13.0%
Equity and liabilities €46k
Equity
€37k▼ 4.6%
Debt
€9k▲ 116%
The debt ratio rises from 9.3% to 18.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€7k▼
2020 · €11k
Cash flow
€708▼
2020 · €11k
Solvency
81.1%▼
2020 · 90.7%
Current ratio
4.59▼
2020 · 8.68
Quick ratio
4.59▼
2020 · 8.68
Debt / equity
0.23
ROE
-4.8%▼
2020 · 15.7%
ROA
-3.9%▼
2020 · 14.2%
Interest coverage
4.10
Debt
€9k▲
2020 · €4k
Debt ≤ 1 year
€9k▲
2020 · €4k
Income taxes
€6k
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€43k€46k▲
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€8k€7k▼
Plant, machinery and equipment23-€3k
Furniture and vehicles24-€4k
Current assets29/58€35k€40k▲
Amounts receivable within one year40/41€34k€40k▲
Trade receivables40-€24k
Other amounts receivable41-€16k
Cash at bank and in hand54/58€692-
Equity and liabilities
Total equity and liabilities10/49€43k€46k▲
Equity10/15€39k€37k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€31k€30k▼
Amounts payable17/49€4k€9k▲
Amounts payable within one year42/48€4k€9k▲
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€4k€2k▼
Suppliers440/4-€2k
Taxes, remuneration and social security45-€6k
Taxes450/3-€6k
Accrued charges and deferred income492/3-€101
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8-€4k
Non-recurring operating charges66A-€2k
Gross operating margin9900€14k€13k▼
Operating profit (loss)9901€6k€5k▼
Financial income75/76B-€722
Recurring financial income75-€722
Financial charges65/66B-€2k
Recurring financial charges65€346€2k▲
Profit (loss) for the period before taxes9903€6k€4k▼
Income taxes67/77-€6k
Profit (loss) for the period9904€6k€-2k▼
Profit (loss) for the period to be appropriated9905€6k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€30k
Profit (loss) brought forward from the previous period14P-€31k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
28-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · K-LUX BVBA WILLENDRIES- STRAAT 2, 2812 MUIZEN (MECHELEN) · event 22-12-2023
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 353 days late
2021
31-12
Financial
Weakest financial yearnet €-2k ▼129%
Net result drops to €-2k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 8.68
Current ratio from 2.56 to 8.68; short-term debt falls from €13k to €4k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Highest result since 2018net €25k ▲323%
Operating result €26k, net result €25k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.56
Current ratio from 1.06 to 2.56.
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
SignalFinancial 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, Mechelen · 2 establishment units since 2013
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.
Willendriesstraat(MZN) 22812 MechelenGround area
817 m²
Building footprint
179 m²
Volume, LiDAR
1,117 m³
2 parcels, Flanders · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
K-LUX
since 20132.219.686.533
Sound Club
since 20152.246.080.530
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12409C0095/00K000 | Flanders | 767 m² | 1 · 139 m² | 6.5 m · 1 fl. |
| 11805E1286/00R006 | Flanders | 50 m² | 1 · 40 m² | 16.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ELKE AERTS SNEEUWBESLAAN 14, 2610 WILRIJK
(ANTWERPEN) |
22-12-2023 → present |
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Of 13,834 companies in sector 56301 we hold annual accounts for 4,808. 4,033 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-06-2013
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
43230Insulation installation
43291Specialised construction activities
43422Screed work
43910Bricklaying and masonry work
43992Specialised construction activities
43994Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.