LEF
Open bankruptcyA bankruptcy procedure is open for LEF according to publications in the Belgian State Gazette; curator: MARC LEEMANS.
Summary
The 2023 annual accounts show negative equity (€-39k) and a net result of €2k.
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 30-09-2023 was due by 30-04-2024 and was filed on 30-04-2024, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
on the day
2022
2 d late
2021
11 d late
2020
14 d late
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€-39k▲ 3.9%
2022 · €-41k
2018: €-99k
2019: €-101k▼ -2.5% vs 2018lowest in 6 years
2020: €-59k▲ +41.8% vs 2019
2021: €-19k▲ +68.3% vs 2020highest in 6 years
2022: €-41k▼ -117% vs 2021
2023: €-39k▲ +3.9% vs 2022
2018 → 2023
Total assets
€99k▼ 9.4%
2022 · €109k
2018: €40klowest in 6 years
2019: €57k▲ +42.3% vs 2018
2020: €70k▲ +21.6% vs 2019
2021: €95k▲ +36.3% vs 2020
2022: €109k▲ +14.3% vs 2021highest in 6 years
2023: €99k▼ -9.4% vs 2022
2018 → 2023
Net result
€2k
2022 · €-22k
2018: €-29klowest in 6 years
2019: €-2k▲ +91.5% vs 2018
2020: €42k▲ +1823% vs 2019highest in 6 years
2021: €40k▼ -5.0% vs 2020
2022: €-22k▼ -155% vs 2021
2023: €2k▲ +107% vs 2022
2018 → 2023
Working capital
€-101k▲ 0.8%
2022 · €-101k
2018: €-102k
2019: €-108k▼ -6.1% vs 2018lowest in 6 years
2020: €-108k▲ +0.3% vs 2019
2021: €-76k▲ +29.5% vs 2020highest in 6 years
2022: €-101k▼ -33.4% vs 2021
2023: €-101k▲ +0.8% vs 2022
2018 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-101k-€-59k▲ 41.8%€-19k▲ 68.3%€-41k▼ 117%€-39k▲ 3.9%
2019: €-101klowest in 5 years
2020: €-59k▲ +41.8% vs 2019
2021: €-19k▲ +68.3% vs 2020highest in 5 years
2022: €-41k▼ -117% vs 2021
2023: €-39k▲ +3.9% vs 2022
Operating result€3k-€47k▲ 1,471%€46k▼ 2.0%€-16k€8k
2019: €3k
2020: €47k▲ +1471% vs 2019highest in 5 years
2021: €46k▼ -2.0% vs 2020
2022: €-16k▼ -135% vs 2021lowest in 5 years
2023: €8k▲ +152% vs 2022
Net result€-2k-€42k€40k▼ 5.0%€-22k€2k
2019: €-2k
2020: €42k▲ +1823% vs 2019highest in 5 years
2021: €40k▼ -5.0% vs 2020
2022: €-22k▼ -155% vs 2021lowest in 5 years
2023: €2k▲ +107% vs 2022
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €8k after a loss of €16k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €99k
Fixed assets
€62k ▲ 1.4%
Current assets
€37k ▼ 23.1%
Key figures and ratios
EBITDA
€31k▲
2022 · €2k
Cash flow
€24k▲
2022 · €-4k
Solvency
-39.5%▼
2022 · -37.3%
Current ratio
0.27▼
2022 · 0.32
Debt to equity
-3.53▲
2022 · -3.68
ROA
1.6%▲
2022 · -20.1%
Interest coverage
4.52▲
2022 · 0.34
Debt
€138k▼
2022 · €150k
Debt ≤ 1 year
€137k▼
2022 · €149k
Staff costs
€73k▼
2022 · €112k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 46 lines
Balance sheet
Code20222023
Assets
Total assets20/58€109k€99k▼
Fixed assets21/28€61k€62k▲
Intangible fixed assets21€59k€59k▲
Tangible fixed assets22/27€49€834▲
Furniture and vehicles24€49€834▲
Financial fixed assets28€2k€2k=
Current assets29/58€48k€37k▼
Amounts receivable within one year40/41€43k€34k▼
Trade receivables40€43k€30k▼
Other amounts receivable41€12€3k▲
Cash at bank and in hand54/58€4k€2k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€109k€99k▼
Equity10/15€-41k€-39k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€310-
Profit (loss) carried forward14€-61k€-60k▲
Amounts payable17/49€150k€138k▼
Amounts payable within one year42/48€149k€137k▼
Financial debts43€72k€69k▼
Credit institutions430/8€72k€69k▼
Trade debts44€11k€16k▲
Suppliers440/4€11k€16k▲
Taxes, remuneration and social security45€54k€39k▼
Taxes450/3€16k€18k▲
Remuneration and social security454/9€38k€21k▼
Other amounts payable47/48€13k€13k▼
Accrued charges and deferred income492/3€370€387▲
Income statement
Code20222023
Remuneration, social security and pensions62€112k€73k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€23k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€116k€107k▼
Operating profit (loss)9901€-16k€8k▲
Financial income75/76B€151€23▼
Recurring financial income75€151€23▼
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€-22k€2k▲
Profit (loss) for the period9904€-22k€2k▲
Profit (loss) for the period to be appropriated9905€-22k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-61k€-60k▲
Profit (loss) brought forward from the previous period14P€-39k€-61k▼
Transfer from equity791/2-€310
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €84k | €112k | €73k | ▼ 35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €13k | €15k | €18k | €23k | ▲ 24.4% |
| Other operating charges640/8 | - | - | €3k | €2k | €3k | ▲ 59.0% |
| Gross operating margin9900 | €122k | €143k | €148k | €116k | €107k | ▼ 7.8% |
| Operating profit (loss)9901 | €3k | €47k | €46k | €-16k | €8k | ▲ 152% |
| Financial income75/76B | - | - | €29 | €151 | €23 | ▼ 84.9% |
| Recurring financial income75 | €0 | €492 | €29 | €151 | €23 | ▼ 84.9% |
| Financial charges65/66B | - | - | €6k | €6k | €7k | ▲ 18.4% |
| Recurring financial charges65 | €5k | €6k | €6k | €6k | €7k | ▲ 18.4% |
| Profit (loss) for the period before taxes9903 | €-2k | €42k | €40k | €-22k | €2k | ▲ 107% |
| Income taxes67/77 | €0 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €-2k | €42k | €40k | €-22k | €2k | ▲ 107% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €42k | €40k | €-22k | €2k | ▲ 107% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €57k | €70k | €95k | €109k | €99k | ▼ 9.4% |
| Fixed assets21/28 | €7k | €49k | €58k | €61k | €62k | ▲ 1.4% |
| Intangible fixed assets21 | - | €46k | €56k | €59k | €59k | ▲ 0.1% |
| Tangible fixed assets22/27 | €2k | €1k | €198 | €49 | €834 | ▲ 1,610% |
| Furniture and vehicles24 | - | - | €198 | €49 | €834 | ▲ 1,610% |
| Financial fixed assets28 | €4k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €51k | €21k | €38k | €48k | €37k | ▼ 23.1% |
| Amounts receivable within one year40/41 | €49k | €19k | €36k | €43k | €34k | ▼ 21.3% |
| Trade receivables40 | - | - | €36k | €43k | €30k | ▼ 29.2% |
| Other amounts receivable41 | - | - | €12 | €12 | €3k | ▲ 27,655% |
| Cash at bank and in hand54/58 | €596 | €596 | €596 | €4k | €2k | ▼ 50.5% |
| Deferred charges and accrued income490/1 | - | - | €1k | €1k | €1k | ▲ 11.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €57k | €70k | €95k | €109k | €99k | ▼ 9.4% |
| Equity10/15 | €-101k | €-59k | €-19k | €-41k | €-39k | ▲ 3.9% |
| Contributions10/11 | €19k | - | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | ▼ 14.3% |
| Non-distributable reserves130/1 | - | - | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | €2k | €2k | €2k | = |
| Distributable reserves133 | - | - | €310 | €310 | - | - |
| Profit (loss) carried forward14 | €-122k | €-80k | €-39k | €-61k | €-60k | ▲ 3.1% |
| Amounts payable17/49 | €159k | €129k | €114k | €150k | €138k | ▼ 7.9% |
| Amounts payable within one year42/48 | €159k | €129k | €114k | €149k | €137k | ▼ 7.9% |
| Financial debts43 | - | - | €58k | €72k | €69k | ▼ 3.9% |
| Credit institutions430/8 | - | - | €58k | €72k | €69k | ▼ 3.9% |
| Trade debts44 | €15k | €9k | €7k | €11k | €16k | ▲ 50.9% |
| Suppliers440/4 | - | - | €7k | €11k | €16k | ▲ 50.9% |
| Taxes, remuneration and social security45 | - | - | €42k | €54k | €39k | ▼ 26.9% |
| Taxes450/3 | - | - | €15k | €16k | €18k | ▲ 13.5% |
| Remuneration and social security454/9 | - | - | €27k | €38k | €21k | ▼ 43.6% |
| Other amounts payable47/48 | - | - | €6k | €13k | €13k | ▼ 0.7% |
| Accrued charges and deferred income492/3 | - | - | €348 | €370 | €387 | ▲ 4.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €42k | €40k | €-22k | €2k | ▲ 107% |
| + Depreciation and write-downs630 | €1k | €13k | €15k | €18k | €23k | ▲ 24.4% |
| Operating cash flow (approximation) | €-1k | €55k | €55k | €-4k | €24k | ▲ 758% |
| Investment in fixed assets (approximation) | - | €-56k | €-23k | €-22k | €-24k | ▼ 8.5% |
| Change in cash | - | €0 | €0 | €4k | €-2k | ▼ 159% |
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
09-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 03-10-2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
11-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
14-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 14 days late
2020
30-09
Financial
Back to profitnet €42k
Net result €42k after 2 loss-making years.
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
11-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
31-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Antwerpen · 1 establishment unit since 2008
Ground area
325 m²
Building footprint
295 m²
Volume, LiDAR
2,071 m³
Parcel 11003A0132/00Y000, Flanders · tallest building 13.6 m, ±1 floor. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
LEF
since 20082.172.907.787
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003A0132/00Y000 | Flanders | 325 m² | 1 · 295 m² | 13.6 m · 1 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 | MARC LEEMANS PLANTINKAAI 24,
2000 ANTWERPEN 1 |
03-10-2024 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 734 EUR awarded · 734 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 734 EUR | 734 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,574 companies in sector 59113 we hold annual accounts for 704. 483 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)
Founded13-06-2008
Fiscal year end30-09
Activities, NACEBEL 2025
59113Video and film production, excluding cinema and television films
18130Pre-press and pre-media services
18200Printing and reproduction of recorded media
77222Rental and leasing activities
93199Other sports activities
96999Other personal services
Scores and ratios are computed by Checked and are not a credit decision.