Active BE 0688.654.963Private limited company (pre-2019)Open bankruptcy

LED LIGHTING DISTRIBUTION

Rue de Villers(VIN) 23 ·4520 Wanze, Belgium· 8 yrs active

Sector: Groothandel in verlichtingsapparatuur (46474)

Conclusion Checked

A bankruptcy procedure is open for LED LIGHTING DISTRIBUTION according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €23k and a net result of €44k.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€23k
Net result	€44k
Staff (FTE)	3.5
Better than sector	32%

Snowflake analysis 5 of 5 axes measured · computed by Checked

36 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 19

Profitability 87

Solvency 17

Growth 59

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2021 · computed

19 / 100 Critical

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview4 NBB filings

Annual accounts filed on 01-08-2022 with the NBB · fiscal year 2021 · micro

RevenueOperating resultNet result

Sector comparison

Fiscal year 2021 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	8.2%	26.3%	better than 32% of 1517 sector peers
Net result	€44k	€5k	better than 86% of 1519 sector peers
Equity	€23k	€22k	better than 50% of 1522 sector peers
Gross operating margin	€179k	€19k	better than 95% of 1515 sector peers
Staff costs	€85k	€21k	higher than 87% of 401 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€448k

+59.6% 18-21

EBITDA

€79k

- 18-21

Net profit

€44k

- 18-21

Cash flow

€52k

- 18-21

Total assets

€276k

+8.9% 18-21

Equity

€23k

- 18-21

Working capital

€5k

- 18-21

Employees (FTE)

4

+52.2% 18-21

Staff costs

€85k

+43.2% 18-21

Income taxes

€11k

+3319.3% 18-21

Debt

€253k

-7.7% 18-21

Debt ≤ 1y

€247k

-10.1% 18-21

Debt > 1y

€7k

- 18-21

Current ratio

1.02

+23.3% 18-21

Quick ratio

0.79

+26.7% 18-21

Solvency

8.2%

- 18-21

Debt / equity

11.25

- 18-21

ROE

193.7%

-26.3% 18-21

ROA

15.8%

- 18-21

Net margin

9.7%

- 18-21

EBITDA margin

17.5%

- 18-21

Interest coverage

4.87

- 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	micro
Revenue	€448k
EBITDA	€79k
Net profit	€44k
Cash flow	€52k
Staff costs	€85k
Income taxes	€11k
Dividends	-
Total assets	€276k
Equity	€23k
Debt	€253k
of which ≤ 1y	€247k
of which > 1y	€7k
Working capital	€5k
Employees (FTE)	3.5

Ratios (computed)

	2021
Current ratio	1.02
Quick ratio	0.79
Working capital ratio	1.9%
Solvency	8.2%
Debt / equity	11.25
Long-term debt ratio	0.29
Interest coverage	4.87
Gross margin	27.0%
Net margin	9.7%
ROA	15.8%
ROE	193.7%
EBITDA margin	17.5%
Days sales outstanding	93d
Days payable outstanding	118d
Inventory turnover	5.63
Days inventory (DSI)	65d

Balance-sheet composition 2021

Assets

Fixed assets €24k · 8.7% Current assets €252k · 91.3%

Equity & liabilities

Equity €23k · 8.2% Debt €253k · 91.8%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€276k
Fixed assets	21/28	€24k
Formation expenses	20	€0
Intangible fixed assets	21	€3k
Tangible fixed assets	22/27	€16k
Financial fixed assets	28	€5k
Current assets	29/58	€252k
Stocks & contracts in progress	3	€58k
Amounts receivable within one year	40/41	€153k
Cash & bank	54/58	€10k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€276k
Equity	10/15	€23k
Contributions / capital	10/11	€10k
Reserves	13	€0
Accumulated profits (losses)	14	€13k
Amounts payable	17/49	€253k
Amounts payable after one year	17	€7k
Amounts payable within one year	42/48	€247k
Trade debts payable within one year	44	€106k
Income statement
Turnover	70	€448k
Gross operating margin	9900	€179k
Operating result	9901	€70k
Financial income	75	€92
Financial charges	65	€16k
Result before taxes	9903	€54k
Income taxes	67/77	€11k
Net result for the period	9904	€44k
Result to be appropriated	9905	€44k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates2 persons

Role	Name	Tenure	Source
Curator	FRANCOIS ANCION RUE DES ECOLIERS 3, 4020 LIEGE 2	11-12-2023 → present	Belgian State Gazette
Curator	CHARLOTTE MUSCH RUE DES ECOLIERS 3, 4020 LIEGE 2 ↔ Also on 113 other cases	11-12-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	Groothandel in verlichtingsapparatuur(46474)
Legal form	Private limited company (pre-2019)(015)
Incorporation	19-01-2018
Status	Active
Postal code	4520
First BS signal	15-12-2023
Latest BS signal	15-12-2023

Establishment units 1 location

LED LIGHTING DISTRIBUTION

Rue Prés-Champs 10b, 4671 BlégnyInstallatie van industriële machines, toestellen en werktuigen

since 20182.273.069.393

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62010A0126/00F000	Wallonia	3,326 m²	1 · 2,736 m²	13.9 m · 1 fl.
61070A0115/00L000	Wallonia	2,436 m²	1 · 375 m²	6.6 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

15-12-2023

Bankruptcy Opening

Tribunal de l’entreprise de Liège, division Liège · LED LIGHTING DISTRIBUTION SRL RUE DE VILLERS 23, 4520 WANZE · event 11-12-2023

2022

01-08-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

23-04-2022

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

07-07-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

2019

26-09-2019

NBB filing Annual accounts filed

fiscal year 2018 · micro

Lifecycle & Insolvency Signals 1 events

15-12-2023

Bankruptcy Opening

Date: 11-12-2023 · Tribunal de l’entreprise de Liège, division Liège · LED LIGHTING DISTRIBUTION SRL RUE DE VILLERS 23, 4520 WANZE · Publications in State Gazette ↗

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Credit advice verdict per customer and amount

AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon

The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Company registry (CBE) Crossroads Bank

Activities

Groothandel in verlichtingsapparatuur46473Groothandel in verlichtingsapparatuur46474

Primary activity highlighted.

Names & trade names

Legal nameFR

LED LIGHTING DISTRIBUTION

Registered office

Rue de Villers(VIN) 23

4520 Wanze, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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