Lemberg
Open bankruptcyFinancials · financial year 2024, micro format
2024 annual accounts filed 28 days after the deadline Filed on 28 May 2025, deadline 30 April 2025 (7 months after the close on 30 September 2024, Companies Code art. 3:10). Source: NBB, 2025-00109134.
Annual accounts 2024 filed on 28-05-2025 PDF all 5 filings
Turnover
€1.2m
EBIT margin
6.3%
Net result
-€9,558
2023 · €8,007
Working capital
€69,927▼ 9.1%
2023 · €76,951
Multi-year overview
2020 to 2024, 5 financial yearsTurnover
no figure
2024
20202024
Operating result
-€8,778
2024
20202024
Net result
-€9,558
2024
20202024
EBIT margin
no figure
2024
20202024
Equity
€71,199
▼ 11.8%
2024
20202024
Total assets
€208,618
▼ 17.2%
2024
20202024
Debt
€137,419
▼ 19.7%
2024
20202024
Working capital
€69,927
▼ 9.1%
2024
20202024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20202021202220232024
Turnover€1.2m-
Operating result€0.07m-€0.01m▼ 83.7%€0.08m▲ 538%€0.01m▼ 85.5%-€0.009m
Net result€0.06m-€0.006m▼ 89.7%€0.06m▲ 890%€0.008m▼ 85.9%-€0.01m
EBIT margin6.3%-
Equity€0.06m-€0.06m▲ 9.9%€0.1m▲ 89.1%€0.08m▼ 33.1%€0.07m▼ 11.8%
Total assets€0.2m-€0.09m▼ 46.9%€0.3m▲ 196%€0.3m▼ 1.0%€0.2m▼ 17.2%
Debt€0.1m-€0.02m▼ 78.6%€0.1m▲ 501%€0.2m▲ 28.0%€0.1m▼ 19.7%
Working capital€0.04m-€0.03m▼ 26.7%€0.1m▲ 219%€0.08m▼ 20.3%€0.07m▼ 9.1%
The operating result for 2024 is a loss of €8,778, after a profit of €11,245 in 2023. It is the lowest result since 2020.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €208,618
Fixed assets
€1,272 ▼ 85.8%
Current assets
€207,346 ▼ 14.6%
Equity and liabilities €208,618
Equity
€71,199 ▼ 11.8%
Debt
€137,419 ▼ 19.7%
Debt's share of the balance-sheet total falls from 67.9% to 65.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1,069▼
2023 · €19,943
Cash flow
-€1,849▼
2023 · €16,705
Current ratio
1.51▲
2023 · 1.46
Quick ratio
0.48▼
2023 · 0.61
Debt to equity
1.93▼
2023 · 2.12
ROE
-13.4%▼
2023 · 9.9%
ROA
-4.6%▼
2023 · 3.2%
Interest coverage
-1.37▼
2023 · 16.12
Debt ≤ 1 year
€137,419▼
2023 · €165,880
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 |
|---|---|---|---|---|
| Tangible fixed assets | €27,717 | - | - | - |
| Financial fixed assets | €370 | - | €368 | - |
| Depreciation and write-downs of the year | €11,311 | €6,123 | €8,698 | €7,709 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €1.2m | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | €0.002m | €275 | €0.002m | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.008m | €0.01m | €0.006m | €0.009m | €0.008m | ▼ 11.4% |
| Other operating charges640/8 | - | €0.001m | €0.002m | €0.002m | €392 | ▼ 80.2% |
| Non-recurring operating charges66A | - | - | - | €0.001m | - | - |
| Gross operating margin9900 | €0.09m | €0.03m | €0.09m | €0.02m | -€0.001m | - |
| Operating profit (loss)9901 | €0.07m | €0.01m | €0.08m | €0.01m | -€0.009m | - |
| Financial income75/76B | - | - | €0 | €1 | - | - |
| Recurring financial income75 | - | - | €0 | €1 | - | - |
| Financial charges65/66B | - | €0.001m | €0.002m | €0.001m | €0.001m | ▼ 37.0% |
| Recurring financial charges65 | €0 | €0.001m | €0.002m | €0.001m | €0.001m | ▼ 37.0% |
| Profit (loss) for the period before taxes9903 | €0.07m | €0.01m | €0.08m | €0.01m | -€0.01m | - |
| Income taxes67/77 | €0.02m | €0.006m | €0.02m | €0.002m | - | - |
| Profit (loss) for the period9904 | €0.06m | €0.006m | €0.06m | €0.008m | -€0.01m | - |
| Profit (loss) for the period to be appropriated9905 | €0.06m | €0.006m | €0.06m | €0.008m | -€0.01m | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €162,182 | €86,100 | €254,426 | €251,812 | €208,618 | ▼ 17.2% |
| Fixed assets21/28 | €16,777 | €33,553 | €29,380 | €8,981 | €1,272 | ▼ 85.8% |
| Tangible fixed assets22/27 | €16,777 | €33,183 | €29,010 | €8,243 | €534 | ▼ 93.5% |
| Plant, machinery and equipment23 | - | €916 | €433 | €289 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €32,267 | €28,577 | €7,954 | €534 | ▼ 93.3% |
| Financial fixed assets28 | - | €370 | €370 | €738 | €738 | = |
| Current assets29/58 | €145,406 | €52,547 | €225,046 | €242,831 | €207,346 | ▼ 14.6% |
| Stocks and contracts in progress3 | - | €20,520 | €141,409 | €141,409 | €141,409 | = |
| Stocks30/36 | - | €20,520 | - | - | - | - |
| Contracts in progress37 | - | - | €141,409 | €141,409 | €141,409 | = |
| Amounts receivable within one year40/41 | €105,819 | €30,240 | €74,118 | €55,551 | €65,937 | ▲ 18.7% |
| Trade receivables40 | - | €17,070 | €39,484 | €55,551 | €14,764 | ▼ 73.4% |
| Other amounts receivable41 | - | €13,170 | €34,634 | - | €51,173 | - |
| Cash at bank and in hand54/58 | €39,587 | €1,787 | €9,519 | €45,871 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €162,182 | €86,100 | €254,426 | €251,812 | €208,618 | ▼ 17.2% |
| Equity10/15 | €58,097 | €63,848 | €120,757 | €80,757 | €71,199 | ▼ 11.8% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Capital10 | - | - | - | €2,000 | - | - |
| Issued capital100 | - | - | - | €2,000 | - | - |
| Reserves13 | €200 | €200 | €200 | €200 | €200 | = |
| Non-distributable reserves130/1 | - | €200 | €200 | €200 | €200 | = |
| Legal reserve130 | - | - | - | €200 | - | - |
| Reserves not available under the articles1311 | - | €200 | €200 | - | - | - |
| Other1319 | - | - | - | - | €200 | - |
| Profit (loss) carried forward14 | €55,897 | €61,648 | €118,557 | €78,557 | €68,999 | ▼ 12.2% |
| Amounts payable17/49 | €104,086 | €22,252 | €133,669 | €171,055 | €137,419 | ▼ 19.7% |
| Amounts payable after more than one year17 | - | - | €5,175 | €5,175 | - | - |
| Financial debts170/4 | - | - | €5,175 | €5,175 | - | - |
| Amounts payable within one year42/48 | €104,086 | €22,252 | €128,494 | €165,880 | €137,419 | ▼ 17.2% |
| Current portion of amounts payable after more than one year42 | - | - | €4,142 | €125 | €1,148 | ▲ 816% |
| Trade debts44 | €83,692 | €19,595 | €104,473 | €156,552 | €126,955 | ▼ 18.9% |
| Suppliers440/4 | - | €19,595 | €104,473 | €156,552 | €126,955 | ▼ 18.9% |
| Taxes, remuneration and social security45 | - | €1,600 | €19,879 | €9,203 | €9,203 | = |
| Taxes450/3 | - | €1,600 | €19,879 | €9,203 | €9,203 | = |
| Other amounts payable47/48 | - | €1,057 | - | - | €113 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €56,097 | €5,751 | €56,909 | €8,007 | -€9,558 | - |
| + Depreciation and write-downs630 | €7,688 | €11,311 | €6,123 | €8,698 | €7,709 | ▼ 11.4% |
| Operating cash flow (approximation) | €63,785 | €17,062 | €63,031 | €16,705 | -€1,849 | - |
| Investment in fixed assets (approximation) | - | -€28,088 | -€1,950 | €11,701 | €0 | ▼ 100% |
| Change in cash | - | -€37,800 | €7,732 | €36,352 | -€45,871 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2024 | micro format | 28-05-2025 | 2025-00109134 | |
| 30-09-2023 | micro format | 28-05-2024 | 2024-00098240 | |
| 30-09-2022 | micro format | 30-05-2023 | 2023-00100570 | |
| 30-09-2021 | micro format | 31-05-2022 | 2022-20042305 | |
| 30-09-2020 | micro format | 08-12-2020 | 2020-74900184 |