LC IMMO
Open bankruptcyA bankruptcy procedure is open for LC IMMO according to publications in the Belgian State Gazette; curator: JEAN-GREGOIRE SEPULCHRE.
Summary
The 2022 annual accounts show equity of €16,923 and a net result of -€38,294.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Liège, Namur division
- Declared bankrupt
- 14 December 2023
- Supervising judge
- Jean-François Galand
- Official Gazette
- 20-12-2023 (pdf) ↗search the document for 2023/148702
Deadlines
- Appeal or third-party opposition until
- passed on 4 January 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 13 January 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 24 January 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 14 December 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Jean-Gregoire SepulchrePlace De Seurre 34B, 5570 Beauraingjg.sepulchre@jgs-avocats.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
Embed in an article
Writing about this bankruptcy? Put the card of LC IMMO 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.
Signals
Three 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 30-09-2022 was due by 30-04-2023 and was filed on 31-03-2023, 30 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
30 d early
2021
32 d early
2020
35 d early
2019
13 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 28 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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?Process a list How is the Development of residential building projects sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
€16,923▼ 69.4%
2021 · €55,217
Total assets
€489,349▼ 18.2%
2021 · €598,242
Net result
-€38,294
2021 · €10,421
Working capital
€16,923▼ 69.2%
2021 · €54,935
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€8,401-€16,626▲ 97.9%€30,005▲ 80.5%€21,437▼ 28.6%-€26,319
Net result€529-€6,290▲ 1,090%€12,978within the sector's middle half▲ 106%€10,421within the sector's middle half▼ 19.7%-€38,294below the sector's middle half
Equity€25,529-€31,819▲ 24.6%€44,796within the sector's middle half▲ 40.8%€55,217within the sector's middle half▲ 23.3%€16,923within the sector's middle half▼ 69.4%
Total assets€317,057-€590,073▲ 86.1%€781,353within the sector's middle half▲ 32.4%€598,242within the sector's middle half▼ 23.4%€489,349within the sector's middle half▼ 18.2%
Debt€291,529-€558,255▲ 91.5%€736,557▲ 31.9%€543,025▼ 26.3%€472,426▼ 13.0%
Working capital€23,791-€30,566▲ 28.5%€41,028within the sector's middle half▲ 34.2%€54,935within the sector's middle half▲ 33.9%€16,923within the sector's middle half▼ 69.2%
Solvency8.1%-5.4%▼ 2.7pp5.7%below the sector's middle half▲ 0.3pp9.2%within the sector's middle half▲ 3.5pp3.5%below the sector's middle half▼ 5.8pp
Current ratio1.08-1.05▼ 0.031.06within the sector's middle half=1.10within the sector's middle half▲ 0.051.04within the sector's middle half▼ 0.07
Return on assets (ROA)0.2%-1.1%▲ 0.9pp1.7%within the sector's middle half▲ 0.6pp1.7%within the sector's middle half▲ 0.1pp-7.8%below the sector's middle half▼ 9.6pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €26,319 after €21,437 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €489,349
Equity
€16,923 ▼ 69.4%
Debt
€472,426 ▼ 13.0%
Debt's share of the balance-sheet total rises from 90.8% to 96.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€26,036▼
2021 · €21,922
Cash flow
-€38,011▼
2021 · €10,906
Quick ratio
0.16▲
2021 · 0.00
Debt to equity
27.92
ROE
-226.3%▼
2021 · 18.9%
Interest coverage
-2.15
Debt ≤ 1 year
€472,426▼
2021 · €543,025
Income taxes
-€7▼
2021 · €3,325
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 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €687 | €485 | €485 | €485 | €283 | ▼ 41.7% |
| Other operating charges640/8 | - | - | - | - | €590 | - |
| Gross operating margin9900 | €17,306 | €17,609 | €30,838 | €22,269 | -€25,447 | ▼ 214% |
| Operating profit (loss)9901 | €8,401 | €16,626 | €30,005 | €21,437 | -€26,319 | ▼ 223% |
| Financial income75/76B | - | - | - | - | €151 | - |
| Recurring financial income75 | €0 | €524 | - | - | €151 | - |
| Non-recurring financial income76B | - | - | - | - | €151 | - |
| Financial charges65/66B | - | - | - | - | €12,132 | - |
| Recurring financial charges65 | €7,703 | €9,289 | €12,085 | €7,700 | €12,132 | ▲ 57.6% |
| Profit (loss) for the period before taxes9903 | €699 | €7,975 | €18,788 | €13,746 | -€38,301 | ▼ 379% |
| Income taxes67/77 | €170 | €1,685 | €5,811 | €3,325 | -€7 | ▼ 100% |
| Profit (loss) for the period9904 | €529 | €6,290 | €12,978 | €10,421 | -€38,294 | ▼ 467% |
| Profit (loss) for the period to be appropriated9905 | €529 | €6,290 | €12,978 | €10,421 | -€38,294 | ▼ 467% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €317,057 | €590,073 | €781,353 | €598,242 | €489,349 | ▼ 18.2% |
| Formation expenses20 | €1,738 | €1,253 | €768 | €283 | - | - |
| Fixed assets21/28 | - | - | €3,000 | - | - | - |
| Financial fixed assets28 | - | - | €3,000 | - | - | - |
| Current assets29/58 | €315,319 | €588,821 | €777,585 | €597,959 | €489,349 | ▼ 18.2% |
| Stocks and contracts in progress3 | €260,000 | €508,400 | €390,756 | €595,756 | €415,000 | ▼ 30.3% |
| Stocks30/36 | - | - | - | - | €415,000 | - |
| Amounts receivable within one year40/41 | €54,805 | €77,119 | €231,446 | €292 | €72,137 | ▲ 24,567% |
| Other amounts receivable41 | - | - | - | - | €72,137 | - |
| Cash at bank and in hand54/58 | €514 | €3,250 | €155,102 | €1,873 | €2,172 | ▲ 16.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €39 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €317,057 | €590,073 | €781,353 | €598,242 | €489,349 | ▼ 18.2% |
| Equity10/15 | €25,529 | €31,819 | €44,796 | €55,217 | €16,923 | ▼ 69.4% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | - | €25,000 | - |
| Reserves13 | €25 | €340 | €985 | €985 | €985 | = |
| Non-distributable reserves130/1 | - | - | - | - | €985 | - |
| Reserves not available under the articles1311 | - | - | - | - | €985 | - |
| Profit (loss) carried forward14 | €504 | €6,479 | €18,811 | €29,232 | -€9,062 | ▼ 131% |
| Amounts payable17/49 | €291,529 | €558,255 | €736,557 | €543,025 | €472,426 | ▼ 13.0% |
| Amounts payable within one year42/48 | €291,529 | €558,255 | €736,557 | €543,025 | €472,426 | ▼ 13.0% |
| Financial debts43 | - | - | - | - | €230,000 | - |
| Credit institutions430/8 | - | - | - | - | €230,000 | - |
| Trade debts44 | €12,568 | €8,518 | €271,506 | €52,916 | €57,092 | ▲ 7.9% |
| Suppliers440/4 | - | - | - | - | €57,092 | - |
| Taxes, remuneration and social security45 | - | - | - | - | €127,998 | - |
| Taxes450/3 | - | - | - | - | €127,998 | - |
| Other amounts payable47/48 | - | - | - | - | €57,335 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €529 | €6,290 | €12,978 | €10,421 | -€38,294 | ▼ 467% |
| + Depreciation and write-downs630 | €687 | €485 | €485 | €485 | €283 | ▼ 41.7% |
| Operating cash flow (approximation) | €1,216 | €6,775 | €13,462 | €10,906 | -€38,011 | ▼ 449% |
| Change in cash | - | €2,735 | €151,852 | -€153,229 | €300 | ▲ 100% |
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
20-12
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 14-12-2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet -€38,294
Net result drops to -€38,294, the lowest in the series.
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €12,978 ▲106%
Operating result €30,005, net result €12,978, both a record.
17-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Gedinne · 1 establishment unit since 2017
Ground area
1,274 m²
Building footprint
97 m²
Volume, LiDAR
643 m³
Parcel 91069A0317/00W002, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LC IMMO
since 20172.265.449.747
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91069A0317/00W002 | Wallonia | 1,274 m² | 1 · 97 m² | 7.7 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 | JEAN-GREGOIRE SEPULCHRE PLACE DE
SEURRE 34B, 5570 BEAURAING |
14-12-2023 → present |
Similar companies · same sector, comparable size
CAPEX
BE 0641.679.348
Leuven · Eq €16,903
ALF BUILD
BE 0798.908.925
Elsene · Eq €16,899
Ceyssens Bouw & Ontwikkeling
BE 0834.727.956
Boechout · Eq €16,847
VIVES BRUGGE
BE 0835.072.604
Zedelgem · Eq €16,843
Besjan & Besnik Totaalrenovatie
BE 0797.532.020
Merelbeke-Melle · Eq €17,007
Of 9,696 companies in sector 68121 we hold annual accounts for 7,393. 3,838 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 (pre-2019)
Founded19-05-2017
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
Contact
E-mail
toitureslambot@gmail.comGedinne
Phone
0470/57.40.68Gedinne
E-invoicing
Reachable via Peppol
Peppol ID
0208:0676593410
Registered
06-07-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.