LCB
Dissolution or liquidationSummary
LCB was declared bankrupt on 24-10-2023 (Tribunal de l’entreprise du Hainaut, division Tournai); the bankruptcy declaration was reversed by judgment of 12-12-2023, published in the Belgian State Gazette on 15-12-2023. The KBO register records for LCB the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €664,101 and a net result of -€119,528.
Signals
Two signals.
+raises risk○neutral
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 How is the Research and development on biotechnology sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€119,528▲ 23.2%
2022 · -€155,699
Working capital
€602,563▼ 12.1%
2022 · €685,268
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
Line20192020202120222023
Operating result-€188,123▼ 88.2%-€321,536▼ 70.9%€540,298-€152,373-€115,339▲ 24.3%
Net result-€222,998▼ 78.9%-€288,256▼ 29.3%€474,602-€155,699-€119,528▲ 23.2%
Equity€924,040▼ 20.0%€594,710▼ 35.6%€939,327▲ 57.9%€783,628▼ 16.6%€664,101▼ 15.3%
Total assets€2.6m▼ 3.3%€2.5m▼ 4.2%€1.6m▼ 37.7%€1.1m▼ 27.9%€1.1m▼ 5.6%
Debt€1.6m▲ 9.9%€1.8m▲ 15.0%€621,390▼ 66.3%€341,691▼ 45.0%€398,589▲ 16.7%
Working capital€278,120▼ 31.1%€127,741▼ 54.1%€852,137▲ 567%€685,268▼ 19.6%€602,563▼ 12.1%
Staff (FTE)11.2▲ 7.7%10.8▼ 3.6%
Why a figure moved sharply
- 2021 Equity +58% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €115,339 in 2023 against €152,373 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.0m
Fixed assets
€44,366 =
Current assets
€961,775 ▼ 6.1%
Equity and liabilities €1.1m
Equity
€664,101 ▼ 15.3%
Debt
€398,589 ▲ 16.7%
Debt's share of the balance-sheet total rises from 30.4% to 37.5%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
2.68▼
2022 · 3.02
Quick ratio
2.50▼
2022 · 2.83
Debt to equity
0.60▲
2022 · 0.44
ROE
-18.0%▲
2022 · -19.9%
ROA
-11.2%▲
2022 · -13.8%
Debt ≤ 1 year
€359,212▲
2022 · €339,136
Debt > 1 year
€2,555=
2022 · €2,555
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,665 | €1.0m | - | - | - |
| Remuneration, social security and pensions62 | - | €401,531 | €360,676 | €43,534 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €221,320 | €212,656 | €43,435 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €41,598 | - | - | - | - |
| Other operating charges640/8 | - | €61,087 | €4,708 | €152,709 | €48,060 | ▼ 68.5% |
| Non-recurring operating charges66A | - | €467 | €2,742 | - | - | - |
| Gross operating margin9900 | €532,446 | €395,804 | €951,860 | €43,869 | -€67,279 | ▼ 253% |
| Operating profit (loss)9901 | -€188,123 | -€321,536 | €540,298 | -€152,373 | -€115,339 | ▲ 24.3% |
| Financial income75/76B | - | €41,176 | €6,674 | - | - | - |
| Recurring financial income75 | €7,494 | €41,176 | €9 | - | - | - |
| Non-recurring financial income76B | - | - | €6,665 | - | - | - |
| Financial charges65/66B | - | €28,865 | €60,444 | €3,325 | €4,188 | ▲ 26.0% |
| Recurring financial charges65 | €44,002 | €28,865 | €60,444 | €3,325 | €4,188 | ▲ 26.0% |
| Profit (loss) for the period before taxes9903 | -€226,485 | -€309,225 | €486,528 | -€155,699 | -€119,528 | ▲ 23.2% |
| Transfer from deferred taxes780 | - | €21,149 | - | - | - | - |
| Income taxes67/77 | €339 | €181 | €11,926 | - | - | - |
| Profit (loss) for the period9904 | -€222,998 | -€288,256 | €474,602 | -€155,699 | -€119,528 | ▲ 23.2% |
| Profit (loss) for the period to be appropriated9905 | -€222,998 | -€288,256 | €474,602 | -€155,699 | -€119,528 | ▲ 23.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.6m | €2.5m | €1.6m | €1.1m | €1.1m | ▼ 5.6% |
| Formation expenses20 | €80,319 | €65,143 | €56,549 | €56,549 | €56,549 | = |
| Fixed assets21/28 | €1.7m | €1.5m | €44,366 | €44,366 | €44,366 | = |
| Intangible fixed assets21 | €128,147 | €68,002 | €37,146 | €37,146 | €37,146 | = |
| Tangible fixed assets22/27 | €1.6m | €1.5m | €5,042 | €5,042 | €5,042 | = |
| Land and buildings22 | - | €1.4m | - | - | - | - |
| Plant, machinery and equipment23 | - | €32,952 | €2,464 | €2,464 | €2,464 | = |
| Furniture and vehicles24 | - | €5,604 | €2,288 | €2,288 | €2,288 | = |
| Leasing and similar rights25 | - | €14,795 | €289 | €289 | €289 | = |
| Financial fixed assets28 | €2,179 | €2,179 | €2,179 | €2,179 | €2,179 | = |
| Current assets29/58 | €811,543 | €892,465 | €1.5m | €1.0m | €961,775 | ▼ 6.1% |
| Stocks and contracts in progress3 | €396,816 | €406,563 | €64,580 | €64,580 | €64,580 | = |
| Stocks30/36 | - | €406,563 | €64,580 | €64,580 | €64,580 | = |
| Amounts receivable within one year40/41 | €278,836 | €345,663 | €793,484 | €574,084 | €728,960 | ▲ 27.0% |
| Trade receivables40 | - | €344,880 | €481,375 | €471,253 | €583,804 | ▲ 23.9% |
| Other amounts receivable41 | - | €783 | €312,108 | €102,830 | €145,156 | ▲ 41.2% |
| Cash at bank and in hand54/58 | €130,814 | €135,914 | €600,167 | €380,576 | €166,583 | ▼ 56.2% |
| Deferred charges and accrued income490/1 | - | €4,324 | €1,572 | €5,164 | €1,652 | ▼ 68.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.6m | €2.5m | €1.6m | €1.1m | €1.1m | ▼ 5.6% |
| Equity10/15 | €924,040 | €594,710 | €939,327 | €783,628 | €664,101 | ▼ 15.3% |
| Contributions10/11 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Capital10 | - | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Issued capital100 | - | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Reserves13 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Non-distributable reserves130/1 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Legal reserve130 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€696,301 | -€984,557 | -€509,956 | -€665,654 | -€785,182 | ▼ 18.0% |
| Investment grants15 | - | €129,985 | - | - | - | - |
| Provisions and deferred taxes16 | €87,935 | €66,786 | - | - | - | - |
| Deferred taxes168 | - | €66,786 | - | - | - | - |
| Amounts payable17/49 | €1.6m | €1.8m | €621,390 | €341,691 | €398,589 | ▲ 16.7% |
| Amounts payable after more than one year17 | €1.1m | €1.1m | €13,725 | €2,555 | €2,555 | = |
| Financial debts170/4 | - | €1.1m | €13,725 | €2,555 | €2,555 | = |
| Amounts payable within one year42/48 | €533,423 | €764,724 | €607,666 | €339,136 | €359,212 | ▲ 5.9% |
| Current portion of amounts payable after more than one year42 | - | €109,959 | €379 | €11,548 | €3,133 | ▼ 72.9% |
| Financial debts43 | - | €230,029 | - | - | - | - |
| Credit institutions430/8 | - | €230,029 | - | - | - | - |
| Trade debts44 | €180,435 | €330,287 | €455,661 | €303,325 | €332,115 | ▲ 9.5% |
| Suppliers440/4 | - | €330,287 | €455,661 | €303,325 | €332,115 | ▲ 9.5% |
| Advances received on contracts in progress46 | - | €2,498 | €2,498 | €2,498 | €2,498 | = |
| Taxes, remuneration and social security45 | - | €91,951 | €149,128 | €21,764 | €21,120 | ▼ 3.0% |
| Taxes450/3 | - | €41,083 | €84,336 | €16,077 | €10,566 | ▼ 34.3% |
| Remuneration and social security454/9 | - | €50,868 | €64,792 | €5,688 | €10,554 | ▲ 85.6% |
| Other amounts payable47/48 | - | - | - | - | €346 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €36,822 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€222,998 | -€288,256 | €474,602 | -€155,699 | -€119,528 | ▲ 23.2% |
| + Depreciation and write-downs630 | €221,320 | €212,656 | €43,435 | - | - | - |
| Operating cash flow (approximation) | -€1,679 | -€75,600 | €518,037 | -€155,699 | -€119,528 | ▲ 23.2% |
| Investment in fixed assets (approximation) | - | -€36,511 | €1.5m | €0 | €0 | - |
| Change in cash | - | €5,100 | €464,253 | -€219,591 | -€213,994 | ▲ 2.5% |
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
2024
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 106 days late
07-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 191 days late
2023
15-12
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise du Hainaut, division Tournai · event 12-12-2023
03-11
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Tournai · event 24-10-2023
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 821 days late
2022
05-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 127 days late
2021
31-12
Financial
Back to profitnet €474,602
Net result €474,602 after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 2.40
Current ratio from 1.17 to 2.40; short-term debt falls from €764,724 to €607,666.
2020
31-12
Financial
Weakest financial yearnet -€288,256
Net result drops to -€288,256, the lowest in the series.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
04-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 65 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
Show earlier events
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
19-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
17-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 17 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
13 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
Registered office, Enghien · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Place Pierre Delannoy 507850 EnghienGround area
6,602 m²
Building footprint
1,872 m²
Volume, LiDAR
14,713 m³
Parcel 53402A0191/00B009, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LABOCREATION
since 20102.192.729.342
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53402A0191/00B009 | Wallonia | 6,602 m² | 1 · 1,872 m² | 9.8 m · 3 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 | AXEL CABY DREVE GUSTAVE FACHE 3,
7700 MOUSCRON- .
Date provisoire de cessation de paiement : 24/10/2023 |
24-10-2023 → 12-12-2023 |
Structure & network
Owners and holdings
1 ownerChain of control
- CREALLIANCE
- LCB
Highest known parent: CREALLIANCE. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
The accounts to 31-12-2023 list no holdings, and no other source names one.
According to the 2023 annual accounts of LCB and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Identification & contact
Identification
Legal formPublic limited company
Founded15-09-2010
Fiscal year end31-12
Activities, NACEBEL 2025
72101Research and development on biotechnology
47730Retail sale of pharmaceutical products
72109Other research and development on natural sciences
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.