LAMOCO
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
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.
The procedure
- Court
- Commercial Court of Ghent, Ostend division
- Declared bankrupt
- 24 April 2018
- Official Gazette
- 03-05-2018 (pdf) ↗search the document for 2018/119022
Deadlines
- Provisional date payments stopped
- 24 April 2018A later judgment can change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 18 May 2018Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 24 May 2018art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 4 June 2018Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 24 April 2019A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Mr Vermeire ChristineGroendreef 8, 8400 Oostende
What to do now
- The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol: the trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.
View the file in RegSol ↗
Follow
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
Embed in an article
Writing about this bankruptcy? Embed the LAMOCO company card in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Overview
Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25999
1 site
Size
€1.1mturnover 2016
- Staff
- 12 FTE
- Equity
- €142,215
- Loss
- -€17,424
Financial health
Open bankruptcy: no score
Structure
0 of 8 deeds read
Signalsraises riskOpen bankruptcyShow the evidence
Signals
1 signal.
raises risk
Searched, nothing found (1)
- OpeningCommercial Court of Ghent, Ostend…
- Annual accounts filedfinancial year 2016 · abbreviated…
- Annual accounts filedfinancial year 2015 · abbreviated…
Financials · financial year 2016, abbreviated format
2016 annual accounts filed late (113 days) Filed on 21 November 2017, deadline 31 July 2017 (7 months after the close on 31 December 2016, Companies Code art. 3:10). Source: NBB, 2017-70000139.
Turnover
€1.1m▼ 7.7%
2015 · €1.1m
EBIT margin
-0.1%▼ 1.4pp
2015 · 1.4%
Net result
-€17,424
2015 · €5,270
Working capital
€49,132▼ 84.2%
2015 · €311,700
Trend over the years
2012 to 2016, 5 financial years 2012 to 2016, 5 financial years
The operating result turns negative in 2016: a loss of €868 after €15,521 in 2015.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€1.1m
2016
Operating result-€0.001m
2016
Net result-€0.02m
2016
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.9m
2016
Equity€0.1m
2016
Debt€0.8m
2016
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.05m
2016
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin-0.1%
2016
Average staff in full-time equivalents (FTE).
Staff (FTE)12
2016
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20122013201420152016
Turnover€1.6m-€1.5m▼ 6.0%€1.3m▼ 14.5%€1.1m▼ 8.6%€1.1m▼ 7.7%
Operating result-€0.1m-€0.06m€0.005m▼ 91.5%€0.02m▲ 209%-€0.001m
Net result-€0.1m-€0.004m€0.002m▼ 53.7%€0.005m▲ 213%-€0.02m
EBIT margin-6.7%-4.0%▲ 10.7pp0.4%▼ 3.6pp1.4%▲ 1.0pp-0.1%▼ 1.4pp
Equity€0.1m-€0.2m▲ 2.4%€0.2m▲ 1.1%€0.2m▲ 3.4%€0.1m▼ 10.9%
Total assets€1.1m-€0.9m▼ 21.1%€0.9m▲ 0.5%€0.8m▼ 5.4%€0.9m▲ 15.0%
Debt€0.9m-€0.7m▼ 24.8%€0.7m▲ 0.3%€0.7m▼ 7.3%€0.8m▲ 21.3%
Working capital€0.2m-€0.3m▲ 68.1%€0.3m▲ 1.5%€0.3m▲ 17.7%€0.05m▼ 84.2%
Staff (FTE)16-14▼ 12.5%14=12▼ 14.3%12=
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €940,977
Fixed assets
€248,801 ▼ 16.2%
Current assets
€692,176 ▲ 32.7%
Equity and liabilities €940,977
Equity
€142,215 ▼ 10.9%
Debt
€798,762 ▲ 21.3%
Debt's share of the balance-sheet total rises from 80.5% to 84.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€55,660▼
2015 · €73,101
Cash flow
€39,104▼
2015 · €62,850
Current ratio
1.08▼
2015 · 2.49
Quick ratio
0.95▼
2015 · 2.09
Debt to equity
1.07▼
2015 · 2.79
ROE
-12.3%▼
2015 · 3.3%
ROA
-1.9%▼
2015 · 0.6%
Debt ≤ 1 year
€643,044▲
2015 · €209,785
Debt > 1 year
€152,187▼
2015 · €445,317
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €1.6m | €1.5m | €1.3m | €1.1m | €1.1m | ▼ 7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.07m | €0.07m | €0.07m | €0.06m | €0.06m | ▼ 1.8% |
| Gross operating margin9900 | €0.8m | €0.9m | €0.8m | €0.7m | €0.6m | ▼ 17.5% |
| Operating profit (loss)9901 | -€0.1m | €0.06m | €0.005m | €0.02m | -€0.001m | - |
| Recurring financial income75 | €0.001m | €147 | €315 | €147 | €131 | ▼ 10.9% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.02m | €0.01m | €0.02m | ▲ 60.5% |
| Profit (loss) for the period before taxes9903 | -€0.1m | €0.004m | €0.01m | €0.005m | -€0.02m | - |
| Income taxes67/77 | €4 | - | €0.01m | - | - | - |
| Profit (loss) for the period9904 | -€0.1m | €0.004m | €0.002m | €0.005m | -€0.02m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.1m | €0.004m | €0.002m | €0.005m | -€0.02m | - |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €0.9m | €0.9m | €0.8m | €0.9m | ▲ 15.0% |
| Fixed assets21/28 | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 16.2% |
| Tangible fixed assets22/27 | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 16.2% |
| Financial fixed assets28 | €0.002m | €356 | €356 | €356 | €356 | = |
| Current assets29/58 | €0.7m | €0.5m | €0.5m | €0.5m | €0.7m | ▲ 32.7% |
| Stocks and contracts in progress3 | €0.1m | €0.1m | €0.1m | €0.08m | €0.08m | = |
| Amounts receivable within one year40/41 | €0.3m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 27.6% |
| Cash at bank and in hand54/58 | €0.2m | €0.09m | €0.1m | €0.1m | €0.03m | ▼ 79.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €0.9m | €0.9m | €0.8m | €0.9m | ▲ 15.0% |
| Equity10/15 | €0.1m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 10.9% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.3m | ▲ 383% |
| Reserves13 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Profit (loss) carried forward14 | -€0.1m | -€0.1m | -€0.1m | -€0.1m | -€0.1m | ▼ 15.2% |
| Amounts payable17/49 | €0.9m | €0.7m | €0.7m | €0.7m | €0.8m | ▲ 21.3% |
| Amounts payable after more than one year17 | €0.4m | €0.5m | €0.4m | €0.4m | €0.2m | ▼ 65.8% |
| Amounts payable within one year42/48 | €0.5m | €0.3m | €0.3m | €0.2m | €0.6m | ▲ 207% |
| Trade debts44 | €0.3m | €0.1m | €0.2m | €0.1m | €0.3m | ▲ 206% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€103,604 | €3,634 | €1,684 | €5,270 | -€17,424 | - |
| + Depreciation and write-downs630 | €72,306 | €65,322 | €72,369 | €57,580 | €56,528 | ▼ 1.8% |
| Operating cash flow (approximation) | -€31,298 | €68,956 | €74,053 | €62,850 | €39,104 | ▼ 37.8% |
| Investment in fixed assets (approximation) | - | €1,616 | -€51,693 | -€29,842 | -€8,573 | ▲ 71.3% |
| Change in cash | - | -€154,531 | €34,800 | €14,370 | -€111,466 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2016 | abbreviated format | 21-11-2017 | 2017-70000139 |
| 31-12-2015 | abbreviated format | 21-11-2017 | 2017-70000143 |
| 31-12-2014 | abbreviated format | 25-06-2015 | 2015-21700200 |
| 31-12-2013 | abbreviated format | 17-07-2014 | 2014-31900080 |
| 31-12-2012 | abbreviated format | 27-08-2013 | 2013-48100378 |
| 31-12-2011 | abbreviated format | 22-08-2012 | 2012-44100147 |
| 31-12-2010 | abbreviated format | 11-08-2011 | 2011-39600253 |
| 31-12-2009 | abbreviated format | 25-08-2010 | 2010-45400375 |
| 31-12-2008 | abbreviated format | 20-08-2009 | 2009-60200056 |
| 31-12-2007 | abbreviated format | 08-09-2008 | 2008-72400359 |
Similar companies · same sector, comparable size
PATRICK BLOMMAERT
BE 0457.993.517
Zedelgem · equity €141,934
Atelier LS
BE 1008.033.601
Hotton · equity €142,667
Etablissements L. Rutten
BE 0403.985.303
Sprimont · equity €139,856
FRANK
BE 0431.187.269
Eupen · equity €138,710
Echelles Wallemacq
BE 0401.140.431
Flobecq · equity €138,496
Of the 555 active companies whose main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25999), figures are known for 354. 242 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 0 of 8 Gazette acts processed. See the directors and other office holders in the KBO →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Mr Vermeire Christine Groendreef 8, 8400 Oostende |
24-04-2018 → present |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2018
03-05
Bankruptcy
Opening
Commercial Court of Ghent, Ostend division · judgment of 24-04-2018
2017
21-11
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format · 113 days late
21-11
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format · 478 days late
2015
31-12
Financial
Highest result from 2012 to 2016net €5,270 ▲213%
Net result €5,270, the highest in the series.
25-06
NBB filing
Annual accounts filed
financial year 2014 · abbreviated format
2014
17-07
NBB filing
Annual accounts filed
financial year 2013 · abbreviated format
2013
31-12
Financial
Back to profitnet €3,634
Net result €3,634 after one loss-making year.
31-12
Financial
Equity above €150,000equity €152,685 ▲2.4%
Equity rises from €149,051 to €152,685.
27-08
NBB filing
Annual accounts filed
financial year 2012 · abbreviated format · 27 days late
2012
22-08
NBB filing
Annual accounts filed
financial year 2011 · abbreviated format · 22 days late
2011
11-08
NBB filing
Annual accounts filed
financial year 2010 · abbreviated format · 11 days late
2010
25-08
NBB filing
Annual accounts filed
financial year 2009 · abbreviated format · 25 days late
2009
20-08
NBB filing
Annual accounts filed
financial year 2008 · abbreviated format · 20 days late
2008
08-09
NBB filing
Annual accounts filed
financial year 2007 · abbreviated format · 39 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 11 annual accounts filed, the latest 10 are here; all 11 are under Financials.
0 of 8 deeds read
About the unread acts
We know of 8 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Register details
Identification
Legal formPublic limited company
Founded18-10-2005
Financial year end31-12
Activities, NACEBEL 2025
25999Manufacture of fabricated metal products, except machinery and equipment
24100Manufacture of basic metals
24200Manufacture of basic metals
24510Manufacture of basic metals
25110Manufacture of metal structures and parts of structures
43990Other specialised construction activities
E-invoicing
Not found in the Peppol Directory
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 21 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Gistel · 1 establishment unit since 2006
Ground area
1,064 m²
Building footprint
121 m²
Parcel 35005B0586/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
LAMOCO
since 2006unit no. 2.154.755.030
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 35005B0586/00D000 | Flanders | 1,064 m² | 1 · 121 m² | - |
How the parcels are linked
Good to know
The parcel matches the address exactly.