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LA SOURCE

In bankruptcy KBO/BCE: BE 0865.810.518
LA SOURCE
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Overview

Information for creditors

French-language Commercial Court of Brussels · Official Gazette of 07-05-2015
Appeal or third-party opposition 22-05-2015Filing the claim in RegSol 03-06-2015First verification report 10-06-2015Late claim 04-05-2016

Trustee: Dumont De Chassart Charles. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

5 annual accounts with figures on one time axis, 6 filings since 2005
peak €2,748 (2007)
-€9,865▼ €5,200
lowest -€63,632 (2009)
-€49,050▲ €14,582
peak -€177,789 (2006)
-€350,255▼ €49,050
€1.2m▲ 4.0%
Owners
  
Documentsfilings and deeds
13-02-2012filed
2010financial year
Gross margin from -€4,665 to -€9,865Loss of €49,050Equity from -€301,205 to -€350,255

Key points

from the 2010 annual accounts, the last ones filed

Losses

-€172,466 in four years
-21,6092007-38,1752008-63,6322009-49,0502010

Every financial year from 2007 to 2010 closed with a loss. 2009 was the heaviest.

Debts

€1.2m 139% of the balance sheet
After one year 52%Within one year 48%

Of this, €599,519 falls due within a year.

Filings

6 annual accounts 5 late
AprilJune31 JulyOctober200620082010

The 2007 accounts came latest: 197 days after the end of the period.

No score

Recent changes

Bankruptcy published French-language Commercial Court of Brussels · judgment of 04-05-2015 · Bankruptcy
Incorporation 12 publications in the Belgian Official Gazette, the last on 21-06-2012 · Gazette deed
All 9 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 04-05-2015
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2010

-€9,865▼ 111%
€49,050▼ 22.9%
-€350,255▼ 16.3%
€898,642▼ 0.1%
Filing
Filed on 13-02-2012
Financials

Insights on LA SOURCE

On 4 May 2015 the court declared LA SOURCE bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2010

full format, filed on 13-02-2012, 197 days late
-€9,865
▼ €5,200
-€10,806
▲ €13,856
-€49,050
▲ €14,582
-€552,477
▼ €10,177
-39.0%
▼ 5.5 percentage points
0.08
▼ 0.00

Turnover: not included in this filing.

Balance sheet

balance sheet total €898,642 on 31-12-2010
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20102009200820072006
Balance sheet: assets
20/58 898,642899,366899,299901,299895,443
21/28 851,600851,600851,600851,600849,919
22/27 851,600851,600851,600851,600849,919
26 851,600851,600851,600851,600849,919
29/58 47,04247,76647,69949,69945,524
29 12,00012,50012,50014,50014,500
291 12,00012,50012,50014,50014,500
40/41 --4,1544,15423
40 --4,1414,141-
41 --131323
54/58 35,04235,26631,04531,04531,001
Balance sheet: equity and liabilities
10/49 898,642899,366899,299901,299895,443
10/15 -350,255-301,205-237,573-199,398-177,789
10/11 62,00062,00062,00062,00062,000
100 62,00062,00062,00062,00062,000
14 -412,255-363,205-299,573-261,398-239,789
17/49 1.2m1.2m1.1m1.1m1.1m
17 647,378610,505572,632563,980-
170/4 647,378610,505572,632563,980-
42/48 599,519590,066564,240536,7171.1m
43 ---8,210-
430/8 ---8,210-
44 1,252-3,0381,499-
440/4 1,252-3,0381,499-
47/48 598,267590,066561,202527,0081.1m
492/3 2,000----
Income statement
9900 -9,865-4,665-3,8732,7481,687
640/8 94119,997896,801180
9901 -10,806-24,662-3,962-4,0531,507
75/76B 82154-7089
75 82154-7089
65/66B 38,31439,11134,21317,61635
65 38,31439,11134,21317,61635
9903 -49,038-63,619-38,175-21,5991,561
67/77 1213-10-
9904 -49,050-63,632-38,175-21,6091,561
9905 -49,050-63,632-38,175-21,6091,561
Appropriation of the result
9906 -412,255-363,205-299,573-261,398-239,789
Document PDFPDFPDFPDFPDF

The accounts for financial year 2005 were filed as a document without figures as data, a scan for example.

Source: Annual accounts 2010 (PDF), filed on 13-02-2012.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2010 full format 13-02-2012 2012-03000167 PDF
31-12-2009 full format 27-09-2010 2010-55500457 PDF
31-12-2008 full format 19-08-2009 2009-58600313 PDF
31-12-2007 full format 13-02-2009 2009-04200294 PDF
31-12-2006 full format 31-08-2007 2007-65700255 PDF
31-12-2005 full format 26-06-2006 2006-30400629 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20102009200820072006
---1,681-
-2244,221044-
-552,477-542,300-516,541-487,018-1.0m
-39.0%-33.5%-26.4%-22.1%-19.9%
0.080.080.080.090.04
-5.5%-7.1%-4.2%-2.4%0.2%

EBIT margin: not included in this filing.

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on LA SOURCE

The operating result for 2010 is a loss of €10,806, smaller than the loss of €24,662 in 2009.

Equity is negative. Debt (€1.2m) exceeds the balance-sheet total (€898,642).

Board & ownership

Curator

the curator has managed the company since 04-05-2015
Dumont De Chassart Charles
Curator, Avenue Louise 106, 1050 Bruxelles 5
Also on 88 other cases

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€62,000
Source
2010 annual accounts

Office holders in the KBO →

Timeline

Timeline

9 events since 2004
2015
Bankruptcy published French-language Commercial Court of Brussels · judgment of 04-05-2015
2012
Annual accounts 2010 filed PDFfull format · 197 days late
2010
Annual accounts 2009 filed PDFfull format · 58 days late
2009
Weakest financial year net -€63,632 The net result drops to -€63,632, the lowest from 2006 to 2010.
Annual accounts 2008 filed PDFfull format · 19 days late
Annual accounts 2007 filed PDFfull format · 197 days late
2007
Annual accounts 2006 filed PDFfull format · 31 days late
2006
Annual accounts 2005 filed PDFfull format · 35 days before the deadline
2004
Incorporation PDF12 publications in the Belgian Official Gazette, the last on 21-06-2012

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Total assets went from €895,443 in 2006 to €898,642 in 2010.1 LA SOURCE was declared bankrupt on 4 May 2015.2

  1. 1National Bank, annual accounts 2006 and 2010
  2. 2Belgian Official Gazette, 07-05-2015

Company details

Inactive

LA SOURCE is no longer in the KBO register.

Reason
Bankruptcy
Last annual accounts
financial year to 31 December 2010
Last registered office
Avenue Louise 486, 1050 Bruxellesas published on 21 June 2012
Legal form
Public limited company
First annual accounts
financial year 2005
Official KBO record

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