L & F CONSULTANTS
Open bankruptcyA bankruptcy procedure is open for L & F CONSULTANTS according to publications in the Belgian State Gazette; curator: Catherine HERINCKX.
No longer registered with the KBO; last annual accounts for fiscal year 2019.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline21-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 03-12-2020, 125 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
125 d late
← before the deadline
after the deadline →
Financials · fiscal year 2019, micro schema
Turnover
€259k▲ 958%
2018 · €24k
2018: €24k
2018 → 2019
EBIT margin
21.7%▲ 60.5pp
2018 · -38.8%
2018: -38.8%
2018 → 2019
Net result
€51k
2018 · €-10k
2018: €-10k
2018 → 2019
Working capital
€17k
2018 · €-5k
2018: €-5k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Turnover€24k-€259k▲ 958%
Equity€-4k-€53k
Operating result€-9k-€56k
Net result€-10k-€51k
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 2019: €56k after a loss of €9k in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €98k
Fixed assets
€36k▲ 2,941%
Current assets
€62k▲ 832%
Equity and liabilities €98k
Equity
€53k
Debt
€45k
Debt finances 46.2% of the balance-sheet total.
Key figures and ratios
Solvency
53.8%▲
2018 · -45.1%
Current ratio
1.37▲
2018 · 0.58
Quick ratio
0.88▲
2018 · 0.58
ROE
96.8%
ROA
52.1%▲
2018 · -122.9%
Debt
€45k▲
2018 · €11k
Debt ≤ 1 year
€45k▲
2018 · €11k
Income taxes
€5k
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 · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€8k€98k▲
Fixed assets21/28€1k€36k▲
Intangible fixed assets21-€35k
Financial fixed assets28€1k€1k=
Current assets29/58€7k€62k▲
Stocks and contracts in progress3-€22k
Amounts receivable within one year40/41€7k€37k▲
Cash at bank and in hand54/58€111€3k▲
Equity and liabilities
Total equity and liabilities10/49€8k€98k▲
Equity10/15€-4k€53k▲
Contributions10/11€13k€19k▲
Profit (loss) carried forward14€-17k€34k▲
Amounts payable17/49€11k€45k▲
Amounts payable within one year42/48€11k€45k▲
Trade debts44€9k€23k▲
Income statement
Code20182019
Turnover70€24k€259k▲
Gross operating margin9900€13k€81k▲
Operating profit (loss)9901€-9k€56k▲
Recurring financial charges65€116-
Profit (loss) for the period before taxes9903€-10k€56k▲
Income taxes67/77-€5k
Profit (loss) for the period9904€-10k€51k▲
Profit (loss) for the period to be appropriated9905€-10k€51k▲
Timeline · acts, filings and financial milestones
2022
26-09
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · L&F CONSULTANTS SPRL RUE THEODORE VERHAEGEN 196/, 1060 SAINT-GILLES · event 19-09-2022
2020
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 125 days late
2019
31-12
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.37
Current ratio from 0.58 to 1.37.
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 83 days late
2018
02-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 33 days late
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 121 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Catherine HERINCKX AVENUE DU CONGO 1,
1050 BRUXELLES 5 |
19-09-2022 → present |