LAUNCHPAD 5
Bankruptcy closedInactive since 01-08-2026; last annual accounts for fiscal year 2022.
Summary
LAUNCHPAD 5 was declared bankrupt on 13-05-2024 (Tribunal de l’entreprise du Hainaut, division Mons); the bankruptcy was closed by liquidation by judgment of 28-07-2026, published in the Belgian State Gazette on 04-08-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 26-06-2023, 35 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
35 d early
2021
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Still owed money by this company? This is how you file your claim.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check How is the Agents in non-specialised wholesale trade sector doing?Sector figures
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Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1,318▼ 90.7%
2021 · €14,200
Working capital
€6,328▲ 209%
2021 · €2,051
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
Line20212022
Operating result€19,985-€3,678▼ 81.6%
Net result€14,200-€1,318▼ 90.7%
Equity€17,200-€18,518▲ 7.7%
Total assets€61,842-€45,589▼ 26.3%
Debt€44,642-€27,070▼ 39.4%
Working capital€2,051-€6,328▲ 209%
Staff (FTE)1-1=
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 82% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €45,589
Fixed assets
€12,203 ▼ 19.4%
Current assets
€33,386 ▼ 28.5%
Equity and liabilities €45,589
Equity
€18,518 ▲ 7.7%
Debt
€27,070 ▼ 39.4%
Debt's share of the balance-sheet total falls from 72.2% to 59.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€8,148▼
2021 · €22,134
Cash flow
€5,788▼
2021 · €16,349
Current ratio
1.23▲
2021 · 1.05
Debt to equity
1.46▼
2021 · 2.60
ROE
7.1%▼
2021 · 82.6%
ROA
2.9%▼
2021 · 23.0%
Interest coverage
20.11▼
2021 · 203.15
Debt ≤ 1 year
€27,057▼
2021 · €44,642
Income taxes
€1,968▼
2021 · €5,681
Staff costs
€29,576▲
2021 · €27,534
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €27,534 | €29,576 | ▲ 7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,149 | €4,470 | ▲ 108% |
| Other operating charges640/8 | €1,035 | €1,138 | ▲ 9.9% |
| Gross operating margin9900 | €50,702 | €38,861 | ▼ 23.4% |
| Operating profit (loss)9901 | €19,985 | €3,678 | ▼ 81.6% |
| Financial income75/76B | €5 | €13 | ▲ 155% |
| Recurring financial income75 | €5 | €13 | ▲ 155% |
| Financial charges65/66B | €109 | €405 | ▲ 272% |
| Recurring financial charges65 | €109 | €405 | ▲ 272% |
| Profit (loss) for the period before taxes9903 | €19,881 | €3,286 | ▼ 83.5% |
| Income taxes67/77 | €5,681 | €1,968 | ▼ 65.4% |
| Profit (loss) for the period9904 | €14,200 | €1,318 | ▼ 90.7% |
| Profit (loss) for the period to be appropriated9905 | €14,200 | €1,318 | ▼ 90.7% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €61,842 | €45,589 | ▼ 26.3% |
| Fixed assets21/28 | €15,150 | €12,203 | ▼ 19.4% |
| Tangible fixed assets22/27 | €15,150 | €12,203 | ▼ 19.4% |
| Furniture and vehicles24 | €15,150 | €12,203 | ▼ 19.4% |
| Current assets29/58 | €46,693 | €33,386 | ▼ 28.5% |
| Amounts receivable within one year40/41 | €20,267 | €17,870 | ▼ 11.8% |
| Trade receivables40 | €16,763 | €8,422 | ▼ 49.8% |
| Other amounts receivable41 | €3,504 | €9,449 | ▲ 170% |
| Cash at bank and in hand54/58 | €24,127 | €13,590 | ▼ 43.7% |
| Deferred charges and accrued income490/1 | €2,299 | €1,925 | ▼ 16.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €61,842 | €45,589 | ▼ 26.3% |
| Equity10/15 | €17,200 | €18,518 | ▲ 7.7% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | €10,000 | €10,000 | = |
| Distributable reserves133 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €4,200 | €5,518 | ▲ 31.4% |
| Amounts payable17/49 | €44,642 | €27,070 | ▼ 39.4% |
| Amounts payable within one year42/48 | €44,642 | €27,057 | ▼ 39.4% |
| Trade debts44 | €1,920 | €2,776 | ▲ 44.6% |
| Suppliers440/4 | €1,920 | €2,776 | ▲ 44.6% |
| Taxes, remuneration and social security45 | €19,874 | €11,362 | ▼ 42.8% |
| Taxes450/3 | €14,842 | €6,348 | ▼ 57.2% |
| Remuneration and social security454/9 | €5,033 | €5,014 | ▼ 0.4% |
| Other amounts payable47/48 | €22,848 | €12,919 | ▼ 43.5% |
| Accrued charges and deferred income492/3 | - | €13 | - |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €14,200 | €1,318 | ▼ 90.7% |
| + Depreciation and write-downs630 | €2,149 | €4,470 | ▲ 108% |
| Operating cash flow (approximation) | €16,349 | €5,788 | ▼ 64.6% |
| Investment in fixed assets (approximation) | - | -€1,523 | - |
| Change in cash | - | -€10,537 | - |
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
2026
04-08
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise du Hainaut, division Mons · event 28-07-2026
2024
21-05
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Mons · event 13-05-2024
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
SignalNBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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
Registered office, La Louvière
Ground area
712 m²
Building footprint
157 m²
Volume, LiDAR
821 m³
Parcel 55020C0930/00E002, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55020C0930/00E002 | Wallonia | 712 m² | 1 · 157 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DAVID DEMOL GRAND PLACE 11, 7090 BRAINE-LE-
COMTE- .
Date provisoire de cessation de paiement : 13/05/2024 |
13-05-2024 → 28-07-2026 |
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Of 6,147 companies in sector 46190 we hold annual accounts for 2,570. 1,630 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
70200Business and other management consultancy
73300Public relations and communication consultancy
Contact
E-mail
j.williams@launchpad5.com
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.