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LA SOURCE

Bankruptcy closed Private limited company (pre-2019)KBO/BCE: BE 0888.368.461
LA SOURCE
Follow Report

Overview

Lifetime

9 annual accounts with figures on one time axis, 10 filings since 2007
peak €81,171 (2015)
-not published
lowest -€40,645 (2011)
-not published
peak €19,128 (2008)
-€159,215 
€186,382 
peak 1 FTE (2012)
-not published
Documentsfilings and deeds
09-07-201922 days before the deadline
2018financial year
No figures for the year before

Key points

from the 2018 annual accounts, the last ones filed

Debts

€186,382 686% of the balance sheet

Filings

10 annual accounts 9 late
AprilJune31 JulyOctober20102015

The 2007 accounts came latest: 175 days after the end of the period.

No score

Recent changes

Bankruptcy closure (insufficient assets) Enterprise Court of Brussels · judgment of 14-04-2026 · Bankruptcy
Bankruptcy published Enterprise Court of Brussels · judgment of 07-05-2024 · Bankruptcy
Incorporation 12 publications in the Belgian Official Gazette, the last on 24-04-2026 · published on 06-04-2007 · Gazette deed
All 15 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 07-05-2024
Legal form
Private limited company (pre-2019)
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2018

-€159,215
€27,168
Filing
Filed on 09-07-2019
Financials

Insights on LA SOURCE

Equity fell from €19,128 in 2008 to -€159,215 in 2018, while debts rose from €46,596 to €186,382.

On 7 May 2024 the court declared LA SOURCE bankrupt.

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

Financials

Annual accounts 2018

full format, filed on 09-07-2019, 22 days before the deadline
-€159,215
-
-
-
-586.0%
0.14

Turnover: not included in this filing.

Money flows

no detail for 2018

Balance sheet

balance sheet total €27,168 on 31-12-2018
What the company ownsHow it is paid for

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend201820152014201320122011201020092008
Balance sheet: assets
20/58 27,16831,97559,24835,63840,06237,44838,27059,52665,724
21/28 1,1163,6573,5153,7324,2774,6026,70712,07218,762
22/27 -2,5412,3992,6163,1613,4865,59110,95617,646
23 -796---3577141,0711,428
24 -219472289433-1,3486,35512,363
26 -1,5261,9272,3272,7283,1293,5293,5293,855
28 1,1161,1161,1161,1161,1161,1161,1161,1161,116
29/58 26,05228,31855,73331,90635,78532,84631,56347,45446,962
3 25,50725,50731,15330,00031,15331,15329,95129,95140,135
30/36 25,50725,50731,15330,00031,15331,15329,95129,95140,135
40/41 ---6542,985-1,33011,6064,669
40 ----2,985--4,282933
41 ---654--1,3307,3243,736
54/58 5452,81124,5801,2521,6471,6932825,8972,158
Balance sheet: equity and liabilities
10/49 27,16831,97559,24835,63840,06237,44838,27059,52665,724
10/15 -159,215-55,577-88,059-56,387-55,750-49,492-8,8476,00419,128
10/11 85,00085,00085,00085,00085,00085,00085,00085,00085,000
100 85,00085,00085,00085,00085,00085,00085,00085,00085,000
14 -244,215-140,577-173,059-141,387-140,750-134,492-93,847-78,996-65,872
17/49 186,38287,552147,30792,02595,81286,94047,11753,52246,596
42/48 186,38287,552147,30792,02595,81286,94047,11753,52246,596
44 49,76421,82082,92567,05477,12846,41747,11747,85134,564
440/4 49,76421,82082,92567,05477,12846,41747,11747,85134,564
45 33,86624,23920,6618,65718,68440,523-5,6701,305
450/3 26,60715,2509,0725,4472,4863,028-5,6701,305
454/9 7,2608,98911,5893,21016,19837,495---
47/48 102,75241,49343,72116,314----10,726
Income statement
70 --182,803182,666250,497130,007128,905--
76A --------1,203
9900 -81,17126,48453,09042,278-12,108-7,105-4,032-27,711
60/61 --156,319129,576208,219142,115136,010160,266270,311
62 -46,90656,34451,54746,25625,123--12
630 -8536545459022,1055,3647,4746,963
640/8 -7477838678174851,512437462
66A --260480330662269350-
9901 -32,665-31,297131-5,697-39,821-13,981-11,943-35,148
75/76B -3321----2
75 -3321----2
65/66B -2161172892311626013311,237
65 -2161172892311626013311,237
9903 -32,482-31,672-637-6,258-40,645-14,851-12,624-35,181
67/77 -------500-
9904 -32,482-31,672-637-6,258-40,645-14,851-13,124-35,181
9905 -32,482-31,672-637-6,258-40,645-14,851-13,124-35,181
Appropriation of the result
9906 -244,215-140,577-173,059-141,387-140,750-134,492-93,847-78,996-65,872
Social balance sheet
9087 --1110.6---
Hours worked1013 --1,7481,7401,672897---
Document PDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for financial year 2007 were filed as a document without figures as data, a scan for example.

Source: Annual accounts 2018 (PDF), filed on 09-07-2019.

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
31-12-2018 full format 09-07-2019 2019-31700576 PDF
31-12-2015 full format 13-12-2016 2016-70100296 PDF
31-12-2014 full format 31-08-2015 2015-56300320 PDF
31-12-2013 full format 29-08-2014 2014-57100540 PDF
31-12-2012 full format 30-08-2013 2013-56800266 PDF
31-12-2011 full format 17-08-2012 2012-41500246 PDF
31-12-2010 full format 26-08-2011 2011-49500182 PDF
31-12-2009 full format 28-08-2010 2010-48100446 PDF
31-12-2008 full format 22-11-2009 2009-86400373 PDF
31-12-2007 full format 22-01-2009 2009-01800002 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend201820152014201320122011201020092008
-33,518-30,643676-4,795-37,716-8,617-4,468-28,185
-33,335-31,018-92-5,356-38,540-9,487-5,650-28,218
-99543705770-17845,698
--21,76923,328-395-461,411-5,6153,740-
-160,331-59,234-91,574-60,119-60,027-54,094-15,554-6,068366
---17.1%0.1%-2.3%-30.6%-10.8%--
-586.0%-173.8%-148.6%-158.2%-139.2%-132.2%-23.1%10.1%29.1%
0.140.320.380.350.370.380.670.891.01
0.000.030.170.020.050.020.030.330.15
-------8.912.44
--------218.6%-183.9%
-101.6%-53.5%-1.8%-15.6%-108.5%-38.8%-22.0%-53.5%
---1 day4 days-4 days--
--194 days189 days135 days119 days126 days109 days47 days

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 2015 is a profit of €32,665, after a loss of €31,297 in 2014. It is the highest result since 2008.

Equity is negative. Debt (€186,382) exceeds the balance-sheet total (€27,168).

Board & ownership

Curator

1 mandate
Jacques Arnauts-Smeets
Curator, Kunstlaan 24 Bus 9, 1000 Brussel 1
from 07-05-2024 to 14-04-2026
Also on 329 other cases

Control

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

Capital

Capital
€85,000
Source
2018 annual accounts

Office holders in the KBO →

Timeline

Timeline

15 events since 2007
2026
Bankruptcy closure (insufficient assets) Enterprise Court of Brussels · judgment of 14-04-2026
2024
Bankruptcy published Enterprise Court of Brussels · judgment of 07-05-2024
2019
Annual accounts 2018 filed PDFfull format · 22 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 135 days late
2015
Back to profit net €32,482 The net result is €32,482, after 7 loss-making years.
Annual accounts 2014 filed PDFfull format · 31 days late
2014
Annual accounts 2013 filed PDFfull format · 29 days late
2013
Annual accounts 2012 filed PDFfull format · 30 days late
2012
Annual accounts 2011 filed PDFfull format · 17 days late
2011
Weakest financial year net -€40,645 The net result drops to -€40,645, the lowest from 2008 to 2015.
Annual accounts 2010 filed PDFfull format · 26 days late
2010
Annual accounts 2009 filed PDFfull format · 28 days late
2009
Annual accounts 2008 filed PDFfull format · 114 days late
Annual accounts 2007 filed PDFfull format · 175 days late
2007
Incorporation PDF12 publications in the Belgian Official Gazette, the last on 24-04-2026 · published on 06-04-2007

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

LA SOURCE has filed 10 sets of annual accounts, the latest for financial year 2018.1 The company was declared bankrupt on 7 May 2024. The bankruptcy was closed on 14 April 2026.23

  1. 1National Bank, annual accounts 2018
  2. 2Belgian Official Gazette, 30-05-2024
  3. 3Belgian Official Gazette, 24-04-2026

Company details

Inactive

Inactive since April 2026

LA SOURCE has not been in the KBO register since 21 April 2026.

Status
Inactiveout of the register since 21 April 2026
Reason
Bankruptcy opened
Last annual accounts
financial year to 31 December 2018
Last registered office
Place De La Reine 23, 1030 Schaarbeekas published on 11 September 2019
Legal form
Private limited company (pre-2019)
Active since
29 March 2007
Official KBO record

Location

approximate (street level) On OpenStreetMap

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