L en C
Open bankruptcyA bankruptcy procedure is open for L en C according to publications in the Belgian State Gazette; curator: THOMAS VANDENDRIES. The 2022 annual accounts show negative equity (€-7k) and a net result of €-83.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2022, micro schema
Turnover
€79k▲ 78.2%
2021 · €44k
2018: €54k
2019: €56k
2020: €50k
2021: €44k
2018 → 2022
EBIT margin
2.5%▼ 3.0pp
2021 · 5.5%
2018: 40.1%
2019: 33.8%
2020: 13.8%
2021: 5.5%
2018 → 2022
Net result
€-83
2021 · €839
2018: €20k
2019: €15k
2020: €4k
2021: €839
2018 → 2022
Working capital
€-7k▲ 40.4%
2021 · €-11k
2018: €-33k
2019: €-22k
2020: €-16k
2021: €-11k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€54k-€56k▲ 3.8%€50k▼ 10.1%€44k▼ 11.8%€79k▲ 78.2%
Equity€-27k-€-12k▲ 56.6%€-7k▲ 36.8%€-7k▲ 11.4%€-7k▼ 1.3%
Operating result€21k-€19k▼ 12.6%€7k▼ 63.1%€2k▼ 65.1%€2k▼ 18.2%
Net result€20k-€15k▼ 25.2%€4k▼ 71.7%€839▼ 80.4%€-83
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2022 is 18% below 2021 and is the lowest result in the available series.
Key figures and ratios
Debt
€9k▼
2021 · €25k
Debt ≤ 1 year
€9k▼
2021 · €25k
Income taxes
€11▼
2021 · €1k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€19k€2k▼
Fixed assets21/28€5k-
Tangible fixed assets22/27€5k€0▼
Furniture and vehicles24€5k-
Current assets29/58€14k€2k▼
Amounts receivable within one year40/41€5k€50▼
Trade receivables40€4k€40▼
Other amounts receivable41€556€10▼
Current investments50/53€332€332=
Cash at bank and in hand54/58€9k€2k▼
Deferred charges and accrued income490/1€221-
Equity and liabilities
Total equity and liabilities10/49€19k€2k▼
Equity10/15€-7k€-7k▼
Contributions10/11€19k€19k=
Reserves13€11k€11k=
Non-distributable reserves130/1€121€121=
Reserves not available under the articles1311€121€121=
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€-36k€-36k▼
Amounts payable17/49€25k€9k▼
Amounts payable within one year42/48€25k€9k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€1k€1k▲
Taxes450/3€1k€1k▲
Other amounts payable47/48€21k€6k▼
Income statement
Code20212022
Turnover70€44k€79k▲
Non-recurring operating income76A-€5k
Goods, raw materials, services and sundry goods60/61€36k€81k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k-
Other operating charges640/8€1k€458▼
Gross operating margin9900€8k€2k▼
Operating profit (loss)9901€2k€2k▼
Financial charges65/66B€445€2k▲
Recurring financial charges65€445€2k▲
Profit (loss) for the period before taxes9903€2k€-72▼
Income taxes67/77€1k€11▼
Profit (loss) for the period9904€839€-83▼
Profit (loss) for the period to be appropriated9905€839€-83▼
Appropriation of the result
Profit (loss) to be appropriated9906€-36k€-36k▼
Profit (loss) brought forward from the previous period14P€-37k€-36k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
16-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · L EN C BV PICARDSTRAAT 7/ 100, 1000 BRUSSEL · event 10-12-2024
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 133 days late
2022
31-12
Financial
Weakest financial yearnet €-83 ▼110%
Net result drops to €-83, the lowest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 22 days late
2015
28-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 1996
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.
Picardstraat 71000 BrusselGround area
4.5 ha
Building footprint
3.9 ha
Volume, LiDAR
618,813 m³
2 parcels, Brussels, Flanders · tallest building 34.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Bollenstraat 20, 8800 Roeselare
since 19962.078.400.786
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21814P0441/00B000 | Brussels | 4.4 ha | 1 · 3.9 ha | 34.0 m · 6 fl. |
| 36503C1009/00M004 | Flanders | 588 m² | 1 · 359 m² | 13.6 m · 3 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 | THOMAS VANDENDRIES STEENWEG OP SINT JORIS
WINGE 21, 3200 AARSCHOT |
10-12-2024 → present |
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 3,889 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-06-1996
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
43343Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.