LES 2 ORIENTS
InactiveLES 2 ORIENTS was declared bankrupt on 11-12-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 31-03-2026, published in the Belgian State Gazette on 28-04-2026.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
30-09-2022 close30-04-2023 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 26-05-2022, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
26 d late
2020
31 d late
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Turnover
€756k
EBIT margin
10.7%
Net result
€25k▼ 3.0%
2020 · €25k
2019: €60k
2020: €25k
2019 → 2021
Working capital
€112k▲ 26.5%
2020 · €88k
2019: €62k
2020: €88k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Turnover€756k-
Equity€66k-€92k▲ 38.0%€116k▲ 26.7%
Operating result€81k-€48k▼ 41.1%€44k▼ 7.0%
Net result€60k-€25k▼ 57.9%€25k▼ 3.0%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2021 is 7% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €181k
Fixed assets
€5k▲ 33.5%
Current assets
€177k▲ 8.8%
Equity and liabilities €181k
Equity
€116k▲ 26.7%
Debt
€65k▼ 12.2%
The debt ratio falls from 44.7% to 35.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▼
2020 · €49k
Cash flow
€26k▲
2020 · €26k
Solvency
64.1%▲
2020 · 55.3%
Current ratio
2.71▲
2020 · 2.19
Quick ratio
2.57▲
2020 · 2.07
Debt / equity
0.56
ROE
21.1%▼
2020 · 27.6%
ROA
13.5%▼
2020 · 15.2%
Interest coverage
4.19
Debt
€65k▼
2020 · €74k
Debt ≤ 1 year
€65k▼
2020 · €74k
Income taxes
€9k▼
2020 · €21k
Staff costs
€21k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€166k€181k▲
Fixed assets21/28€4k€5k▲
Tangible fixed assets22/27€4k€5k▲
Land and buildings22-€2k
Furniture and vehicles24-€2k
Current assets29/58€162k€177k▲
Stocks and contracts in progress3€9k€9k▼
Stocks30/36-€9k
Amounts receivable within one year40/41€153k€162k▲
Other amounts receivable41-€162k
Cash at bank and in hand54/58€327€5k▲
Equity and liabilities
Total equity and liabilities10/49€166k€181k▲
Equity10/15€92k€116k▲
Contributions10/11€12k€12k=
Capital10-€12k
Issued capital100-€19k
Uncalled capital101-€6k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Profit (loss) carried forward14€78k€102k▲
Amounts payable17/49€74k€65k▼
Amounts payable within one year42/48€74k€65k▼
Trade debts44€29k€4k▼
Suppliers440/4-€4k
Taxes, remuneration and social security45-€61k
Taxes450/3-€33k
Remuneration and social security454/9-€28k
Other amounts payable47/48-€93
Income statement
Code20202021
Non-recurring operating income76A-€26k
Remuneration, social security and pensions62-€21k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€887€2k▲
Other operating charges640/8-€6k
Gross operating margin9900€87k€73k▼
Operating profit (loss)9901€48k€44k▼
Financial charges65/66B-€11k
Recurring financial charges65€2k€11k▲
Profit (loss) for the period before taxes9903€46k€33k▼
Income taxes67/77€21k€9k▼
Profit (loss) for the period9904€25k€25k▼
Profit (loss) for the period to be appropriated9905€25k€25k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€102k
Profit (loss) brought forward from the previous period14P-€77k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
28-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · LES 2 ORIENTS SRL AVENUE DE STALINGRAD 52, 1000 BRUXELLES. déclarée le 11 décembre 2023 · event 31-03-2026
2023
19-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · LES 2 ORIENTS SRL AVENUE DE STALINGRAD 52, 1000 BRUXELLES · event 11-12-2023
2022
26-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
30-09
Financial
Weakest financial yearnet €25k ▼3%
Net result drops to €25k, the lowest in the series.
30-09
Financial
Equity above €100kEq €116k ▲26.7%
3 profitable years in a row build equity to €116k.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-12
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise francophone de Bruxelles · LES 2 ORIENTS SPRL BOULEVARD MAURICE LEMONNIER 169, 1000 BRUXELLES 1. déclarée le 2 décembre 2019 · event 17-12-2019
19-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · LES 2 ORIENTS SPRL BOULEVARD MAURICE LEMONNIER 169, 1000 BRUXELLES 1 · event 02-12-2019
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 20 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 59 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
27-10
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 453 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
12-02
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 196 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ANICET BAUM AVENUE ARMAND HUYSMANS 212,
1050 IXELLES |
11-12-2023 → present |
| Curator | GENEVIEVE DEDOBBELEER RUE DE CHARLEROI 2,
1400 NIVELLES |
02-12-2019 → present |