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LEVAN

Bankruptcy closed
Public limited companyfounded 1990Sint-Annadreef 68, 1020 Brussel, Belgium19 active companies are registered at this addressKBO/BCE: BE 0441.754.529
Summary

LEVAN was declared bankrupt on 20-11-2012 (Tribunal de commerce de Bruxelles); the bankruptcy was closed by liquidation by judgment of 29-03-2022, published in the Belgian Official Gazette on 04-04-2022. The 2011 annual accounts show equity of €173,049 and a net result of -€2,052.

LEVANBankruptcy closed

Financials · financial year 2011, abbreviated format

Equity
€173,049▼ 1.2%
2010 · €175,100
Total assets
€202,112▼ 12.1%
2010 · €229,816
Net result
-€2,052▲ 79.0%
2010 · -€9,777
Working capital
€172,380▼ 1.1%
2010 · €174,321
Trend over the years

2009 to 2011, 3 financial years 2009 to 2011, 3 financial years

The operating result returns to profit in 2011: €7,705 after a loss of €10,657 in 2010, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€7,705 2011 Net result-€2,052 2011

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line200920102011
Operating result-€21,903--€10,657▲ 51.3%€7,705
Net result-€15,628--€9,777▲ 37.4%-€2,052▲ 79.0%
Equity€184,877-€175,100▼ 5.3%€173,049▼ 1.2%
Total assets€226,228-€229,816▲ 1.6%€202,112▼ 12.1%
Debt€41,351-€54,716▲ 32.3%€29,064▼ 46.9%
Working capital€183,989-€174,321▼ 5.3%€172,380▼ 1.1%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2011 in colour, 2010 as the grey bar beneath
Assets €202,112
Fixed assets €669 ▼ 14.1%
Current assets €201,444 ▼ 12.0%
Equity and liabilities €202,112
Equity €173,049 ▼ 1.2%
Debt €29,064 ▼ 46.9%
Debt's share of the balance-sheet total falls from 23.8% to 14.4%. Equity and debt are lower.
Key figures and ratios
2011 value · change against 2010
EBITDA
€7,815▲
2010 · -€10,547
Cash flow
-€1,942▲
2010 · -€9,667
Current ratio
6.93▲
2010 · 4.19
ROE
-1.2%▲
2010 · -5.6%
ROA
-1.0%▲
2010 · -4.3%
Debt ≤ 1 year
€29,064▼
2010 · €54,716
Income taxes
€6,101
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2011 against 2010 · 24 lines
Balance sheet Code20102011
Assets
Total assets20/58€229,816€202,112▼
Fixed assets21/28€779€669▼
Tangible fixed assets22/27€110-
Financial fixed assets28€669€669=
Current assets29/58€229,037€201,444▼
Amounts receivable within one year40/41€227,877€190,415▼
Cash at bank and in hand54/58€850€11,029▲
Equity and liabilities
Total equity and liabilities10/49€229,816€202,112▼
Equity10/15€175,100€173,049▼
Contributions10/11€62,469€62,469=
Reserves13€132,593€132,593=
Profit (loss) carried forward14-€19,962-€22,014▼
Amounts payable17/49€54,716€29,064▼
Amounts payable within one year42/48€54,716€29,064▼
Trade debts44€616€10,872▲
Income statement Code20102011
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110€110=
Gross operating margin9900-€9,886€9,894▲
Operating profit (loss)9901-€10,657€7,705▲
Recurring financial income75€1,965€1,909▼
Recurring financial charges65€1,085€5,564▲
Profit (loss) for the period before taxes9903-€9,777€4,050▲
Income taxes67/77-€6,101
Profit (loss) for the period9904-€9,777-€2,052▲
Profit (loss) for the period to be appropriated9905-€9,777-€2,052▲
Line200920102011Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€229€110€110=
Gross operating margin9900-€27,142-€9,886€9,894-
Operating profit (loss)9901-€21,903-€10,657€7,705-
Recurring financial income75€2,567€1,965€1,909▼ 2.9%
Recurring financial charges65€419€1,085€5,564▲ 413%
Profit (loss) for the period before taxes9903-€19,755-€9,777€4,050-
Income taxes67/77-€4,127-€6,101-
Profit (loss) for the period9904-€15,628-€9,777-€2,052▲ 79.0%
Profit (loss) for the period to be appropriated9905-€15,628-€9,777-€2,052▲ 79.0%
Line200920102011Change
Assets
Total assets20/58€226,228€229,816€202,112▼ 12.1%
Fixed assets21/28€889€779€669▼ 14.1%
Tangible fixed assets22/27€220€110--
Financial fixed assets28€669€669€669=
Current assets29/58€225,340€229,037€201,444▼ 12.0%
Amounts receivable within one year40/41€223,888€227,877€190,415▼ 16.4%
Cash at bank and in hand54/58€1,452€850€11,029▲ 1,198%
Equity and liabilities
Total equity and liabilities10/49€226,228€229,816€202,112▼ 12.1%
Equity10/15€184,877€175,100€173,049▼ 1.2%
Contributions10/11€62,469€62,469€62,469=
Reserves13€132,593€132,593€132,593=
Profit (loss) carried forward14-€10,185-€19,962-€22,014▼ 10.3%
Amounts payable17/49€41,351€54,716€29,064▼ 46.9%
Amounts payable within one year42/48€41,351€54,716€29,064▼ 46.9%
Trade debts44€2,697€616€10,872▲ 1,666%
Line200920102011Change
Profit (loss) for the period9904-€15,628-€9,777-€2,052▲ 79.0%
+ Depreciation and write-downs630€229€110€110=
Operating cash flow (approximation)-€15,399-€9,667-€1,942▲ 79.9%
Investment in fixed assets (approximation)-€0€0-
Change in cash--€602€10,179-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 21 filings with the National Bank
Financial year Type Filed Reference
31-12-2011 abbreviated format 23-07-2012 2012-32400599
31-12-2010 abbreviated format 22-08-2011 2011-41400141
31-12-2009 abbreviated format 05-07-2011 2011-25000094
31-12-2008 abbreviated format 12-11-2009 2009-84400038
31-12-2007 abbreviated format 12-11-2009 2009-84400037
31-12-2006 abbreviated format 12-11-2009 2009-84400036
31-12-2005 abbreviated format 12-11-2009 2009-84400035
31-12-2004 abbreviated format 30-09-2005 2005-74100250
31-12-2003 abbreviated format 17-08-2005 2005-64200141
31-12-2002 abbreviated format 01-03-2004 2004-05700008

Show all 21 filings

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