LEUZINVEST
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 07-07-2022, 68 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 · 3 filingsDeviation from the deadline
2021
68 d late
2020
12 d early
2019
11 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
€182k▼ 24.5%
2020 · €242k
2019: €240k
2020: €242k
2019 → 2021
EBIT margin
4.2%▲ 34.9pp
2020 · -30.7%
2019: 21.1%
2020: -30.7%
2019 → 2021
Net result
€-54k▲ 59.2%
2020 · €-133k
2019: €-63k
2020: €-133k
2019 → 2021
Working capital
€-1.17M▼ 2.6%
2020 · €-1.14M
2019: €39k
2020: €-1.14M
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Turnover€240k-€242k▲ 0.7%€182k▼ 24.5%
Equity€-44k-€-178k▼ 303%€141k
Operating result€51k-€-74k€8k
Net result€-63k-€-133k▼ 113%€-54k▲ 59.2%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €8k after a loss of €74k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €3.67M
Fixed assets
€3.58M ▲ 7.8%
Current assets
€86k ▼ 5.5%
Equity and liabilities €3.67M
Equity
€141k
Debt
€3.53M
Debt finances 96.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€121k▲
2020 · €77k
Cash flow
€59k▲
2020 · €17k
Current ratio
0.07▼
2020 · 0.07
Debt to equity
25.11▲
2020 · -13.21
ROE
-38.7%
ROA
-1.5%▲
2020 · -3.9%
Interest coverage
4.46▲
2020 · 1.64
Debt ≤ 1 year
€1.26M▲
2020 · €1.23M
Debt > 1 year
€2.24M▼
2020 · €2.35M
Income taxes
€23k
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 · 2021 against 2020 · 43 lines
Balance sheet
Code20202021
Assets
Total assets20/58€3.41M€3.67M▲
Fixed assets21/28€3.32M€3.58M▲
Tangible fixed assets22/27€3.32M€3.58M▲
Other tangible fixed assets26-€3.58M
Current assets29/58€91k€86k▼
Amounts receivable within one year40/41€5k€25k▲
Trade receivables40-€25k
Cash at bank and in hand54/58€87k€62k▼
Equity and liabilities
Total equity and liabilities10/49€3.41M€3.67M▲
Equity10/15€-178k€141k▲
Contributions10/11-€19k
Revaluation surpluses12-€372k
Profit (loss) carried forward14€-196k€-251k▼
Amounts payable17/49€3.59M€3.53M▼
Amounts payable after more than one year17€2.35M€2.24M▼
Financial debts170/4-€2.24M
Credit institutions173-€2.24M
Amounts payable within one year42/48€1.23M€1.26M▲
Current portion of amounts payable after more than one year42-€138k
Trade debts44€73k€88k▲
Suppliers440/4-€88k
Taxes, remuneration and social security45-€33k
Taxes450/3-€33k
Other amounts payable47/48-€1.00M
Accrued charges and deferred income492/3-€30k
Income statement
Code20202021
Operating income70/76A-€182k
Turnover70€242k€182k▼
Operating charges60/66A-€175k
Services and other goods61-€61k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€151k€113k▼
Other operating charges640/8-€994
Operating profit (loss)9901€-74k€8k▲
Financial charges65/66B-€39k
Recurring financial charges65€59k€39k▼
Debt charges650€47k€27k▼
Other financial charges652/9-€12k
Profit (loss) for the period before taxes9903€-133k€-31k▲
Income taxes67/77-€23k
Taxes670/3-€23k
Profit (loss) for the period9904€-133k€-54k▲
Profit (loss) for the period to be appropriated9905€-133k€-54k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-251k
Profit (loss) brought forward from the previous period14P-€-196k
The notes to these accounts (30 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 68 days late
2021
29-12
State Gazette act
General meeting · Merger
Accounting effect · Statutes amendment · Annelies Ghesquière
30-09
Financial
Equity above €100kEq €141k
Equity rises from €-178k to €141k.
27-07
State Gazette act
Board meeting · Merger
Accounting effect · Capital
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-133k
Net result drops to €-133k, the lowest in the series.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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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Structure & network
Acquisitions and mergers
1 transactionTaken over by:Forum Estates