LGRI
The computed 12-month bankruptcy probability of LGRI is 2.6% (moderate). The 2021 annual accounts show negative equity (€-4.59M) and a net result of €1.30M. Equity is growing by ~32.9% per year across the filed fiscal years. The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-4.59M |
| Net result | €1.30M |
| Active | 23 yrs |
| Locations | 1 |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2021 |
|---|---|
| Revenue | €19.02M |
| EBITDA | €1.93M |
| Net profit | €1.30M |
| Cash flow | €1.70M |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €39.01M |
| Equity | €-4.59M |
| Debt | €43.19M |
| of which ≤ 1y | €16.52M |
| of which > 1y | €26.65M |
| Working capital | €21.58M |
| Employees (FTE) | - |
| 2021 | |
|---|---|
| Current ratio | 2.31 |
| Quick ratio | 2.31 |
| Working capital ratio | 55.3% |
| Solvency | -11.8% |
| Debt / equity | -9.41 |
| Long-term debt ratio | -5.81 |
| Interest coverage | 12.65 |
| Gross margin | 15.7% |
| Net margin | 6.8% |
| ROA | 3.3% |
| ROE | -28.2% |
| EBITDA margin | 10.2% |
| Days sales outstanding | 483d |
| Days payable outstanding | 268d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €39.01M |
| Fixed assets | 21/28 | €920k |
| Intangible fixed assets | 21 | €428k |
| Financial fixed assets | 28 | €492k |
| Current assets | 29/58 | €38.09M |
| Amounts receivable within one year | 40/41 | €25.91M |
| Cash & bank | 54/58 | €83k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €39.01M |
| Equity | 10/15 | €-4.59M |
| Contributions / capital | 10/11 | €14.79M |
| Reserves | 13 | €1.45M |
| Accumulated profits (losses) | 14 | €-21.10M |
| Provisions & deferred taxes | 16 | €409k |
| Amounts payable | 17/49 | €43.19M |
| Amounts payable after one year | 17 | €26.65M |
| Amounts payable within one year | 42/48 | €16.52M |
| Trade debts payable within one year | 44 | €11.78M |
| Income statement | ||
| Turnover | 70 | €19.02M |
| Operating result | 9901 | €1.53M |
| Financial income | 75 | €79k |
| Financial charges | 65 | €605k |
| Result before taxes | 9903 | €1.30M |
| Net result for the period | 9904 | €1.30M |
| Result to be appropriated | 9905 | €1.30M |
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 10-03-2003 |
| Status | Active |
| Postal code | 1050 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0213/00V002 | Brussels | 2,100 m² | 1 · 330 m² | 42.2 m · 12 fl. |
| 21445E0006/00T033 | Brussels | 551 m² | 1 · 141 m² | 26.2 m · 8 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-05-2024 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"XX.202 du CDE",
"L.642-2",
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"patrimony_description": "Le Repreneur reprend le fonds de commerce de distribution exclusive en Europe des marchandises sous marque propre Ludendo ainsi que l\u0027int\u00E9gralit\u00E9 des actifs corporels et incorporels y aff\u00E9rents et n\u00E9cessaires \u00E0 leur exploitation.",
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"summary_narrative": "Le tribunal de commerce de Paris a prononc\u00E9 un jugement le 27 avril 2023 pour ouvrir une proc\u00E9dure de liquidation judiciaire de la soci\u00E9t\u00E9 SA LA GRANDE RECRE INTERNATIONAL. Ce jugement a \u00E9t\u00E9 publi\u00E9 aux annexes du Moniteur belge le 24 mai 2024.",
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"detected_real_type": "other",
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"should_reroute_to_category": null
}31-03-2003 Danièl VELASCO appointed as managing director
- Danièl VELASCO, Gedelegeerd bestuurder
Technical details
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}31-03-2003 Registered office moved within Bruxelles
- 1080 BRUXELLES Rue du Serpolet 18 → 1050 Bruxelles, avenue Louise 125
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | LGRI |