Active BE 0809.840.726Private limited company (pre-2019)Open bankruptcy

LESACO MONTAGE

Industrieterrein Kanaal-Noord 1132 ·3960 Bree, Belgium· 17 yrs active

Sector: Vervaardiging van metalen constructiewerken en delen daarvan (25110)

Conclusion Checked

A bankruptcy procedure is open for LESACO MONTAGE according to publications in the Belgian State Gazette. The file additionally contains 1 judicial reorganisation. The 2018 annual accounts show equity of €151k and a net result of €-269k.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€151k
Net result	€-269k
Staff (FTE)	15.1
Active	17 yrs

Snowflake analysis 4 of 5 axes measured · computed by Checked

10 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0

Profitability 0

Solvency 40

Growth -

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

60 / 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

· 1 judicial reorganisation (+10)

· 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 2018 · computed

0 / 100 Critical

050100

Computed from 3 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.

See plans →

Computed by Checked from the NBB filing for FY 2018 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 30-08-2019 with the NBB · fiscal year 2018 · verkort

Highlight YoY changes (±10%)

Fiscal year	2018
Deposit	verkort
Revenue	-
EBITDA	€-5k
Net profit	€-269k
Cash flow	€-263k
Staff costs	-
Income taxes	€1k
Dividends	-
Total assets	€918k
Equity	€151k
Debt	€768k
of which ≤ 1y	€768k
of which > 1y	-
Working capital	€141k
Employees (FTE)	15.1

Ratios (computed)

	2018
Current ratio	1.18
Quick ratio	1.18
Working capital ratio	15.4%
Solvency	16.4%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-29.3%
ROE	-179.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2018

Assets

Fixed assets €10k · 1.0% Current assets €909k · 99.0%

Equity & liabilities

Equity €151k · 16.4% Debt €768k · 83.6%

Full annual accounts

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

Line item	Code	2018
Balance sheet, Assets
TOTAL ASSETS	20/58	€918k
Fixed assets	21/28	€10k
Tangible fixed assets	22/27	€9k
Financial fixed assets	28	€750
Current assets	29/58	€909k
Stocks & contracts in progress	3	€58k
Amounts receivable within one year	40/41	€659k
Cash & bank	54/58	€158k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€918k
Equity	10/15	€151k
Contributions / capital	10/11	€420k
Accumulated profits (losses)	14	€-269k
Amounts payable	17/49	€768k
Amounts payable within one year	42/48	€768k
Trade debts payable within one year	44	€507k
Income statement
Gross operating margin	9900	€795k
Operating result	9901	€-11k
Financial income	75	€259
Financial charges	65	€10k
Result before taxes	9903	€-21k
Income taxes	67/77	€1k
Net result for the period	9904	€-22k
Result to be appropriated	9905	€-22k

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	ELISABETH VANBERGEN ROMBOUTSTRAAT 8C, 3740 BILZEN ↔ Also on 102 other cases	18-02-2020 → present	Belgian State Gazette

Legal Structure

NACE primary	Vervaardiging van metalen constructiewerken en delen daarvan(25110)
Legal form	Private limited company (pre-2019)(015)
Incorporation	16-02-2009
Status	Active
Postal code	3960
First BS signal	18-12-2019
Latest BS signal	24-02-2020

Establishment units 1 location

Lesaco Montage

Industrieterrein Kanaal-Noord 1132, 3960 BreeVervaardiging van platen, vellen, buizen en profielen van kunststof

since 20092.177.754.027

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
72004A0114/00X003	Flanders	7,483 m²	1 · 2,500 m²	9.0 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

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

Updates 12 events

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

2020

24-02-2020

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Tongeren · LESACO MONTAGE BV INDUSTRIETERREIN KANAAL-NOORD 1132, 3960 BREE · event 18-02-2020

2019

18-12-2019

Judicial reorganisation Opening

Ondernemingsrechtbank Antwerpen · amiable · event 13-12-2019

30-08-2019