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LES LAURIERS

Inactive
KBO/BCE: BE 0421.703.144

Inactive; last annual accounts for fiscal year 2022.

Signals

1 signal. The signal on the left, the evidence on the right.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 04-04-2023, 26 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2022
26 d early
2021
6 d late
2020
on the day
2019
29 d late
2018
6 d early
2017
5 d early
2016
10 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2022, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-62k▼ 0.9%
2021 · €-62k
2018: €50k 2019: €108k 2020: €-71k 2021: €-62k
2018 → 2022
Working capital
€-3k
2021 · €38k
2018: €27k 2019: €128k 2020: €91k 2021: €38k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019202020212022Trend
Equity€424k-€532k▲ 25.5%€461k▼ 13.4%€399k▼ 13.4%€337k▼ 15.7%
Operating result€77k-€156k▲ 104%€-73k€-58k▲ 20.4%€-61k▼ 5.0%
Net result€50k-€108k▲ 117%€-71k€-62k▲ 12.9%€-62k▼ 0.9%
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200kOperating result 2018: €77k€77kNet result 2018: €50k€50kOperating result 2019: €156k€156kNet result 2019: €108k€108kOperating result 2020: €-73k€-73kNet result 2020: €-71k€-71kOperating result 2021: €-58k€-58kNet result 2021: €-62k€-62kOperating result 2022: €-61k€-61kNet result 2022: €-62k€-62k20182019202020212022€-80k€-60k€-40k€-20k€0Operating result 2020: €-73k€-73kNet result 2020: €-71k€-71kOperating result 2021: €-58k€-58kNet result 2021: €-62k€-62kOperating result 2022: €-61k€-61kNet result 2022: €-62k€-62k202020212022
The operating result stays negative: a loss of €61k in 2022 against €58k in 2021; the loss grows.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €771k
Fixed assets €347k ▼ 5.8%
Current assets €424k ▼ 0.4%
Equity and liabilities €771k
Equity €337k ▼ 15.7%
Debt €434k ▲ 10.0%
Debt's share of the balance-sheet total rises from 49.7% to 56.4%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
€-8k
2021 · €-2k
Cash flow
€-9k
2021 · €-6k
Current ratio
0.99
2021 · 1.10
Quick ratio
0.97
2021 · 1.08
Debt to equity
1.29
2021 · 0.99
ROE
-18.6%
2021 · -15.5%
ROA
-8.1%
2021 · -7.8%
Interest coverage
-7.85
2021 · -2.06
Debt ≤ 1 year
€427k
2021 · €388k
Debt > 1 year
€7k
2021 · €7k
Income taxes
€500
2021 · €181
Staff costs
€1.75M
2021 · €1.65M
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 · 2022 against 2021 · 56 lines
Balance sheet Code20212022
Assets
Total assets20/58€794k€771k
Fixed assets21/28€368k€347k
Intangible fixed assets21-€2k
Tangible fixed assets22/27€368k€344k
Land and buildings22€345k€328k
Plant, machinery and equipment23€5k€4k
Furniture and vehicles24€17k€12k
Current assets29/58€426k€424k
Stocks and contracts in progress3€6k€10k
Stocks30/36€6k€10k
Amounts receivable within one year40/41€148k€183k
Trade receivables40€144k€178k
Other amounts receivable41€5k€4k
Current investments50/53€155k€148k
Cash at bank and in hand54/58€102k€68k
Deferred charges and accrued income490/1€14k€16k
Equity and liabilities
Total equity and liabilities10/49€794k€771k
Equity10/15€399k€337k
Contributions10/11€150k€150k=
Reserves13€218k€178k
Non-distributable reserves130/1€15k€15k=
Reserves not available under the articles1311€15k€15k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€200k€160k
Profit (loss) carried forward14€31k€8k
Amounts payable17/49€395k€434k
Amounts payable after more than one year17€7k€7k
Other amounts payable178/9€7k€7k
Amounts payable within one year42/48€388k€427k
Financial debts43€26k€31k
Credit institutions430/8€26k€31k
Trade debts44€164k€181k
Suppliers440/4€164k€181k
Taxes, remuneration and social security45€197k€215k
Taxes450/3€12k-
Remuneration and social security454/9€185k€215k
Accrued charges and deferred income492/3€31-
Income statement Code20212022
Non-recurring operating income76A€4k€16k
Remuneration, social security and pensions62€1.65M€1.75M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€53k
Other operating charges640/8€3k€5k
Gross operating margin9900€1.65M€1.75M
Operating profit (loss)9901€-58k€-61k
Financial income75/76B€15-
Recurring financial income75€15-
Financial charges65/66B€4k€988
Recurring financial charges65€889€988
Non-recurring financial charges66B€3k-
Profit (loss) for the period before taxes9903€-62k€-62k
Income taxes67/77€181€500
Profit (loss) for the period9904€-62k€-62k
Profit (loss) for the period to be appropriated9905€-62k€-62k
Appropriation of the result
Profit (loss) to be appropriated9906€-59k€-32k
Profit (loss) brought forward from the previous period14P€3k€31k
Transfer from equity791/2€90k€40k
Social balance
Average headcount (FTE)908735.534.5

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2023
04-04
NBB filing Annual accounts filed
fiscal year 2022 · full schema
14-02
State Gazette act General meeting · Merger
Accounting effect · Power of attorney
2022
10-11
State Gazette act Merger · Accounting effect
Power of attorney · Dissolution
06-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 6 days late
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial Weakest financial yearnet €-71k ▼166%
Net result drops to €-71k, the lowest in the series.
29-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 29 days late
2019
30-09
Financial Highest result since 2018net €108k ▲117%
Operating result €156k, net result €108k, both a record.
30-09
Financial Equity above €500kEq €532k ▲25.5%
2 profitable years in a row build equity to €532k.
24-04
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
25-04
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
10-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Show earlier events
2016
14-04
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
09-03
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
28-04
NBB filing Annual accounts filed
fiscal year 2013 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Structure & network

Acquisitions and mergers

2 transactions
BE 0641.733.885State Gazette act of 14-02-2023
BE 0641.733.885proposal · State Gazette act of 10-11-2022