LAM-BOY
InactiveLAM-BOY was declared bankrupt on 24-10-2022 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed for insufficient assets by judgment of 03-10-2023, published in the Belgian State Gazette on 09-10-2023.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three 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 31-12-2022, 4 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 · 8 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
124 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 92 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Turnover
€55,106▲ 15.7%
2020 · €47,633
EBIT margin
58.6%▲ 67.0pp
2020 · -8.4%
Net result
€17,904
2020 · -€4,986
Working capital
€2,782
2020 · -€1,122
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Turnover€140,411-€105,767▼ 24.7%€47,633▼ 55.0%€55,106▲ 15.7%
Operating result€20,262-€9,635▼ 52.4%-€4,019€32,294
Net result-€2,174--€4,153▼ 91.0%-€4,986▼ 20.1%€17,904
EBIT margin14.4%-9.1%▼ 5.3pp-8.4%▼ 17.5pp58.6%▲ 67.0pp
Equity-€8,432--€12,584▼ 49.3%-€12,212▲ 3.0%€5,692
Total assets€24,516-€9,830▼ 59.9%€10,108▲ 2.8%€13,363▲ 32.2%
Debt€32,947-€22,414▼ 32.0%€22,320▼ 0.4%€7,671▼ 65.6%
Working capital-€23,594--€21,994▲ 6.8%-€1,122▲ 94.9%€2,782
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 2021: €32,294 after a loss of €4,019 in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €13,363
Fixed assets
€3,910 =
Current assets
€9,453 ▲ 52.5%
Equity and liabilities €13,363
Equity
€5,692
Debt
€7,671
Debt finances 57.4% of the balance-sheet total.
Key figures and ratios
Current ratio
1.42▲
2020 · 0.85
Debt to equity
1.35▲
2020 · -1.23
ROE
314.6%
ROA
134.0%▲
2020 · -49.3%
Debt ≤ 1 year
€6,671▼
2020 · €7,320
Debt > 1 year
€1,000▼
2020 · €15,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | €140,411 | €105,767 | €47,633 | €55,106 | ▲ 15.7% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €35,504 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,215 | €5,752 | €5,500 | - | - |
| Other operating charges640/8 | - | - | - | €2,089 | - |
| Gross operating margin9900 | €51,944 | €30,672 | €7,177 | €34,383 | ▲ 379% |
| Operating profit (loss)9901 | €20,262 | €9,635 | -€4,019 | €32,294 | ▲ 904% |
| Recurring financial income75 | - | - | €10,000 | - | - |
| Financial charges65/66B | - | - | - | €14,390 | - |
| Recurring financial charges65 | €22,436 | €13,746 | €10,798 | €13,894 | ▲ 28.7% |
| Non-recurring financial charges66B | - | - | - | €496 | - |
| Profit (loss) for the period before taxes9903 | -€2,174 | -€4,110 | -€4,817 | €17,904 | ▲ 472% |
| Income taxes67/77 | - | €42 | €169 | - | - |
| Profit (loss) for the period9904 | -€2,174 | -€4,153 | -€4,986 | €17,904 | ▲ 459% |
| Profit (loss) for the period to be appropriated9905 | -€2,174 | -€4,153 | -€4,986 | €17,904 | ▲ 459% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €24,516 | €9,830 | €10,108 | €13,363 | ▲ 32.2% |
| Fixed assets21/28 | €15,162 | €9,410 | €3,910 | €3,910 | = |
| Tangible fixed assets22/27 | €11,252 | €5,500 | - | - | - |
| Financial fixed assets28 | €3,910 | €3,910 | €3,910 | €3,910 | = |
| Current assets29/58 | €9,354 | €420 | €6,198 | €9,453 | ▲ 52.5% |
| Amounts receivable within one year40/41 | €7,548 | - | €1,396 | €2,412 | ▲ 72.8% |
| Other amounts receivable41 | - | - | - | €2,412 | - |
| Cash at bank and in hand54/58 | €1,806 | €420 | €4,802 | €7,041 | ▲ 46.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €24,516 | €9,830 | €10,108 | €13,363 | ▲ 32.2% |
| Equity10/15 | -€8,432 | -€12,584 | -€12,212 | €5,692 | ▲ 147% |
| Contributions10/11 | €6,200 | €6,200 | €11,558 | €11,558 | = |
| Capital10 | - | - | - | €11,558 | - |
| Issued capital100 | - | - | - | €18,600 | - |
| Uncalled capital101 | - | - | - | €7,042 | - |
| Profit (loss) carried forward14 | -€14,632 | -€18,784 | -€23,770 | -€5,867 | ▲ 75.3% |
| Amounts payable17/49 | €32,947 | €22,414 | €22,320 | €7,671 | ▼ 65.6% |
| Amounts payable after more than one year17 | - | - | €15,000 | €1,000 | ▼ 93.3% |
| Financial debts170/4 | - | - | - | €1,000 | - |
| Amounts payable within one year42/48 | €32,947 | €22,414 | €7,320 | €6,671 | ▼ 8.9% |
| Trade debts44 | €880 | €263 | €3,970 | €3,439 | ▼ 13.4% |
| Suppliers440/4 | - | - | - | €3,439 | - |
| Taxes, remuneration and social security45 | - | - | - | €2,443 | - |
| Taxes450/3 | - | - | - | €2,443 | - |
| Other amounts payable47/48 | - | - | - | €789 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,174 | -€4,153 | -€4,986 | €17,904 | ▲ 459% |
| + Depreciation and write-downs630 | €6,215 | €5,752 | €5,500 | - | - |
| Operating cash flow (approximation) | €4,041 | €1,599 | €514 | €17,904 | ▲ 3,385% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€1,386 | €4,382 | €2,239 | ▼ 48.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
09-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Liège · event 03-10-2023
2022
31-10
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 24-10-2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €17,904
Net result €17,904 after 3 loss-making years.
02-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 124 days late
2020
31-12
Financial
Weakest financial yearnet -€4,986
Net result drops to -€4,986, the lowest in the series.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
10-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 194 days late
2018
07-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 129 days late
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 151 days late
2016
14-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 75 days late
2015
16-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEAN-LUC RANSY RUE LAMBERTS 36, 4840 WELKEN-
RAEDT- .
79343
BELGISCH STAATSBLAD — 31.10.2022 — MONITEUR BELGE |
24-10-2022 → 03-10-2023 |