L.C.E GROUP
Dissolution or liquidationSignals
Three 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 31-12-2021 was due by 31-07-2022 and was filed on 18-08-2022, 18 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
18 d late
2020
31 d late
2019
74 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date How is the Agents specialised in the wholesale of other particular products sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
€18,703▼ 48.0%
2020 · €35,973
Total assets
€369,447▲ 17.2%
2020 · €315,108
Net result
-€17,269▼ 15.7%
2020 · -€14,928
Working capital
-€30,011▼ 11.3%
2020 · -€26,970
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201920202021
Operating result€24,778--€16,052€1,774
Net result€18,975--€14,928below the sector's middle half-€17,269below the sector's middle half▼ 15.7%
Equity€39,268-€35,973within the sector's middle half▼ 8.4%€18,703within the sector's middle half▼ 48.0%
Total assets€265,345-€315,108within the sector's middle half▲ 18.8%€369,447within the sector's middle half▲ 17.2%
Debt€226,076-€279,135▲ 23.5%€350,744▲ 25.7%
Working capital€2,233--€26,970below the sector's middle half-€30,011below the sector's middle half▼ 11.3%
Solvency14.8%-11.4%within the sector's middle half▼ 3.4pp5.1%below the sector's middle half▼ 6.4pp
Current ratio1.03-0.72below the sector's middle half▼ 0.310.81below the sector's middle half▲ 0.10
Return on assets (ROA)7.2%--4.7%below the sector's middle half▼ 11.9pp-4.7%below the sector's middle half▲ 0.1pp
Staff (FTE)4.4-5.7above the sector's middle half▲ 29.5%2.8▼ 50.9%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
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 2021: €1,774 after a loss of €16,052 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €369,447
Fixed assets
€238,893 ▼ 2.6%
Current assets
€130,554 ▲ 90.3%
Equity and liabilities €369,447
Equity
€18,703 ▼ 48.0%
Debt
€350,744 ▲ 25.7%
Debt's share of the balance-sheet total rises from 88.6% to 94.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€25,700▲
2020 · -€711
Cash flow
€6,656▲
2020 · €413
Debt to equity
18.75▲
2020 · 5.10
ROE
-92.3%▼
2020 · -41.5%
Interest coverage
3.45
Debt ≤ 1 year
€160,565▲
2020 · €95,560
Debt > 1 year
€190,179▲
2020 · €183,576
Income taxes
€15,299▲
2020 · -€3,929
Staff costs
€57,851
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €57,851 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,218 | €15,341 | €23,925 | ▲ 56.0% |
| Other operating charges640/8 | - | - | €13,503 | - |
| Gross operating margin9900 | €179,654 | €130,339 | €97,054 | ▼ 25.5% |
| Operating profit (loss)9901 | €24,778 | -€16,052 | €1,774 | ▲ 111% |
| Financial income75/76B | - | - | €3,694 | - |
| Recurring financial income75 | €833 | €1,242 | €3,694 | ▲ 198% |
| Financial charges65/66B | - | - | €7,439 | - |
| Recurring financial charges65 | €1,457 | €4,046 | €7,439 | ▲ 83.9% |
| Profit (loss) for the period before taxes9903 | €24,153 | -€18,857 | -€1,970 | ▲ 89.6% |
| Income taxes67/77 | €5,178 | -€3,929 | €15,299 | ▲ 489% |
| Profit (loss) for the period9904 | €18,975 | -€14,928 | -€17,269 | ▼ 15.7% |
| Profit (loss) for the period to be appropriated9905 | €18,975 | -€14,928 | -€17,269 | ▼ 15.7% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €265,345 | €315,108 | €369,447 | ▲ 17.2% |
| Formation expenses20 | €2,399 | €1,125 | - | - |
| Fixed assets21/28 | €175,745 | €245,393 | €238,893 | ▼ 2.6% |
| Intangible fixed assets21 | - | €11,610 | €12,317 | ▲ 6.1% |
| Tangible fixed assets22/27 | €173,792 | €233,031 | €224,623 | ▼ 3.6% |
| Land and buildings22 | - | - | €209,831 | - |
| Plant, machinery and equipment23 | - | - | €1,711 | - |
| Furniture and vehicles24 | - | - | €13,082 | - |
| Financial fixed assets28 | €1,953 | €752 | €1,953 | ▲ 160% |
| Current assets29/58 | €87,201 | €68,590 | €130,554 | ▲ 90.3% |
| Amounts receivable within one year40/41 | €66,393 | €58,603 | €126,778 | ▲ 116% |
| Trade receivables40 | - | - | €56,440 | - |
| Other amounts receivable41 | - | - | €70,338 | - |
| Cash at bank and in hand54/58 | €20,808 | €9,659 | €3,776 | ▼ 60.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €265,345 | €315,108 | €369,447 | ▲ 17.2% |
| Equity10/15 | €39,268 | €35,973 | €18,703 | ▼ 48.0% |
| Contributions10/11 | €20,000 | - | €20,030 | - |
| Profit (loss) carried forward14 | €19,268 | €15,943 | -€1,327 | ▼ 108% |
| Amounts payable17/49 | €226,076 | €279,135 | €350,744 | ▲ 25.7% |
| Amounts payable after more than one year17 | €141,108 | €183,576 | €190,179 | ▲ 3.6% |
| Financial debts170/4 | - | - | €190,179 | - |
| Amounts payable within one year42/48 | €84,968 | €95,560 | €160,565 | ▲ 68.0% |
| Current portion of amounts payable after more than one year42 | - | - | €21,204 | - |
| Trade debts44 | €20,579 | €47,689 | €61,735 | ▲ 29.5% |
| Suppliers440/4 | - | - | €61,735 | - |
| Taxes, remuneration and social security45 | - | - | €77,626 | - |
| Taxes450/3 | - | - | €65,020 | - |
| Remuneration and social security454/9 | - | - | €12,606 | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,975 | -€14,928 | -€17,269 | ▼ 15.7% |
| + Depreciation and write-downs630 | €1,218 | €15,341 | €23,925 | ▲ 56.0% |
| Operating cash flow (approximation) | €20,194 | €413 | €6,656 | ▲ 1,510% |
| Investment in fixed assets (approximation) | - | -€84,989 | -€17,426 | ▲ 79.5% |
| Change in cash | - | -€11,149 | -€5,883 | ▲ 47.2% |
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
2026
28-08
KBO administration
Late accounts filing
event 18-08-2026
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Weakest financial yearnet -€17,269
Net result drops to -€17,269, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 74 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Verviers · 1 establishment unit since 2016
Ground area
155 m²
Parcel 63079D0089/00K003, Wallonia. Linked by address, not a title deed.
1 establishment unit
LCE Group
since 20162.262.116.016
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63079D0089/00K003 | Wallonia | 155 m² | - | - |
Linked by address, not proof of ownership
Good to know
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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Company details
Identification
Legal formPrivate limited company
Founded26-08-2016
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
Contact
Phone
043250638
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.