LGR
ActiveThe file of LGR contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
For LGR, at least two filing cycles of the annual accounts are missing. The computed 12-month bankruptcy probability is 11.8% (high). The 2022 annual accounts show negative equity (€-30k) and a net result of €-658. Equity is shrinking by ~58.6% per year across the filed fiscal years.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0=
Solvency0=
Growth22=
Track record85
Bankruptcy probability, 12 months
11.8%
High
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Age of the figures
Age of the figures
45 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 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 · 3 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
50 d late
2020
93 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Turnover
€25k▼ 53.8%
2020 · €55k
2020: €55k
2020 → 2021
EBIT margin
-139.1%▼ 153.0pp
2020 · 13.9%
2020: 13.9%
2020 → 2021
Net result
€-658▲ 98.1%
2021 · €-35k
2020: €5k
2021: €-35k
2020 → 2022
Working capital
€-30k▼ 0.5%
2021 · €-30k
2020: €-9k
2021: €-30k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Turnover€55k-€25k▼ 53.8%
Equity€5k-€-30k€-30k▼ 0.5%
Operating result€8k-€-35k€-416▲ 98.8%
Net result€5k-€-35k€-658▲ 98.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €416 in 2022 against €35k in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €705
Fixed assets
€205 =
Current assets
€500 ▼ 96.2%
Key figures and ratios
Debt
€31k▼
2021 · €43k
Debt ≤ 1 year
€31k▼
2021 · €43k
Ratios withheld: a balance sheet total of €705 is too small for a meaningful ratio.
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 · 36 lines
Balance sheet
Code20212022
Assets
Total assets20/58€13k€705▼
Fixed assets21/28€205€205=
Financial fixed assets28€205€205=
Current assets29/58€13k€500▼
Amounts receivable within one year40/41€11k€500▼
Trade receivables40€11k-
Other amounts receivable41€438€500▲
Cash at bank and in hand54/58€2k-
Equity and liabilities
Total equity and liabilities10/49€13k€705▼
Equity10/15€-30k€-30k▼
Contributions10/11-€500
Profit (loss) carried forward14€-30k€-31k▼
Amounts payable17/49€43k€31k▼
Amounts payable within one year42/48€43k€31k▼
Financial debts43-€12
Credit institutions430/8-€12
Trade debts44€6k-
Suppliers440/4€6k-
Taxes, remuneration and social security45€26k€13k▼
Taxes450/3€13k€11k▼
Remuneration and social security454/9€13k€2k▼
Other amounts payable47/48€11k€18k▲
Income statement
Code20212022
Turnover70€25k-
Goods, raw materials, services and sundry goods60/61€5k€850▼
Remuneration, social security and pensions62€40k-
Other operating charges640/8€945-
Non-recurring operating charges66A€14k-
Gross operating margin9900€20k€-416▼
Operating profit (loss)9901€-35k€-416▲
Financial charges65/66B€0€242▲
Recurring financial charges65€0€242▲
Profit (loss) for the period before taxes9903€-35k€-658▲
Profit (loss) for the period9904€-35k€-658▲
Profit (loss) for the period to be appropriated9905€-35k€-658▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-31k▼
Profit (loss) brought forward from the previous period14P€5k€-30k▼
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
2024
12-03
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · LGR BV ALSEMBERGSESTEENWEG 7/3, 1630 LINKEBEEK · event 05-03-2024
2023
27-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · LGR BV ALSEMBERGSE- STEENWEG 7/3, 1630 LINKEBEEK · event 19-12-2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
19-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 50 days late
2021
31-12
Financial
Weakest financial yearnet €-35k ▼799%
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
01-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 93 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
Registered office, Linkebeek
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.
Alsembergsesteenweg 71630 LinkebeekGround area
694 m²
Building footprint
278 m²
Volume, LiDAR
1,335 m³
Parcel 22003A0061/00K000, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22003A0061/00K000 | Flanders | 694 m² | 1 · 278 m² | 7.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Ilse VAN DE MIEROP WOLSTRAAT 68-70,
1000 BRUSSEL 1 |
19-12-2023 → 05-03-2024 |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-03-2020
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.