L & F
InactiveL & F was declared bankrupt on 20-06-2024 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 20-11-2025, published in the Belgian State Gazette on 26-11-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2023.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
30-06-2024 close31-01-2025 deadline22-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 20-05-2024, 110 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
110 d late
2022
132 d late
2021
499 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€-150k▼ 50.0%
2022 · €-100k
2021: €-81k
2022: €-100k
2021 → 2023
Total assets
€123k▼ 46.5%
2022 · €230k
2021: €126k
2022: €230k
2021 → 2023
Net result
€-50k▼ 164%
2022 · €-19k
2021: €-86k
2022: €-19k
2021 → 2023
Working capital
€-178k▼ 59.8%
2022 · €-111k
2021: €-113k
2022: €-111k
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Equity€-81k-€-100k▼ 23.4%€-150k▼ 50.0%
Operating result€-86k-€-24k▲ 72.0%€-49k▼ 105%
Net result€-86k-€-19k▲ 78.1%€-50k▼ 164%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €49k in 2023 against €24k in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €123k
Fixed assets
€55k▼ 28.1%
Current assets
€68k▼ 55.6%
Key figures and ratios
EBITDA
€-21k
Cash flow
€-22k
Solvency
-121.7%▼
2022 · -43.4%
Current ratio
0.28▼
2022 · 0.58
Quick ratio
0.28▼
2022 · 0.58
Debt / equity
-1.82▲
2022 · -3.30
ROA
-40.6%▼
2022 · -8.2%
Interest coverage
-35.34
Debt
€272k▼
2022 · €329k
Debt ≤ 1 year
€246k▼
2022 · €265k
Debt > 1 year
€26k▼
2022 · €64k
Staff costs
€472k▲
2022 · €455k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€230k€123k▼
Fixed assets21/28€76k€55k▼
Tangible fixed assets22/27€76k€55k▼
Land and buildings22-€4k
Plant, machinery and equipment23€22k€12k▼
Furniture and vehicles24€4k€4k=
Other tangible fixed assets26€50k€34k▼
Current assets29/58€154k€68k▼
Amounts receivable within one year40/41€26k€16k▼
Other amounts receivable41€26k€16k▼
Cash at bank and in hand54/58€128k€53k▼
Equity and liabilities
Total equity and liabilities10/49€230k€123k▼
Equity10/15€-100k€-150k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-105k€-155k▼
Amounts payable17/49€329k€272k▼
Amounts payable after more than one year17€64k€26k▼
Financial debts170/4€64k€26k▼
Amounts payable within one year42/48€265k€246k▼
Current portion of amounts payable after more than one year42-€21k
Trade debts44€251k€126k▼
Suppliers440/4€236k€126k▼
Bills of exchange payable441€14k-
Taxes, remuneration and social security45€4k€90k▲
Taxes450/3€4k€35k▲
Remuneration and social security454/9-€55k
Other amounts payable47/48€10k€9k▼
Income statement
Code20222023
Remuneration, social security and pensions62€455k€472k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€28k
Other operating charges640/8€1k€2k▲
Gross operating margin9900€433k€453k▲
Operating profit (loss)9901€-24k€-49k▼
Financial income75/76B€6k-
Recurring financial income75€6k-
Financial charges65/66B€730€593▼
Recurring financial charges65€730€593▼
Profit (loss) for the period before taxes9903€-19k€-50k▼
Profit (loss) for the period9904€-19k€-50k▼
Profit (loss) for the period to be appropriated9905€-19k€-50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-105k€-155k▼
Profit (loss) brought forward from the previous period14P€-86k€-105k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · L&F BV LOUISA- STRAAT 3, 3120 TREMELO · event 20-11-2025
2024
26-06
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · L&F BV LOUISASTRAAT 3, 3120 TREMELO · event 20-06-2024
20-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 110 days late
16-01
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Leuven · 20230012 · event 11-01-2024
2023
18-07
Judicial reorganisation
Opening
Ondernemingsrechtbank Leuven · collectif · event 13-07-2023
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 499 days late
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 132 days late
SignalNBB filing
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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JACQUES ARNAUTS-SMEETS HERSELTSE-
STEENWEG 5, 3200 AARSCHOT |
20-06-2024 → present |
| Curator | GUNTHER
PEETERS HERSELTSESTEENWEG 5, 3200 AARSCHOT- |
20-06-2024 → present |