LIGHT
Open bankruptcyA bankruptcy procedure is open for LIGHT according to publications in the Belgian State Gazette; curator: Bernard VANHAM.
Summary
The 2022 annual accounts show equity of €31k and a net result of €-519.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 18-08-2023, 18 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
18 d late
2021
31 d late
2020
2 d early
2019
25 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Turnover
€867k▲ 0.5%
2021 · €863k
2018: €650k
2019: €642k▼ -1.2% vs 2018lowest in 5 years
2020: €997k▲ +55.3% vs 2019highest in 5 years
2021: €863k▼ -13.5% vs 2020
2022: €867k▲ +0.5% vs 2021
2018 → 2022
EBIT margin
0.4%▼ 0.8pp
2021 · 1.2%
2018: -1.4%lowest in 5 years
2019: 0.2%▲ +111% vs 2018
2020: 1.0%▲ +551% vs 2019
2021: 1.2%▲ +18.0% vs 2020highest in 5 years
2022: 0.4%▼ -68.5% vs 2021
2018 → 2022
Net result
€-519
2021 · €3k
2018: €-9klowest in 5 years
2019: €-7k▲ +22.1% vs 2018
2020: €2k▲ +132% vs 2019
2021: €3k▲ +11.0% vs 2020highest in 5 years
2022: €-519▼ -120% vs 2021
2018 → 2022
Working capital
€22k▲ 15.8%
2021 · €19k
2018: €266lowest in 5 years
2019: €4k▲ +1330% vs 2018
2020: €11k▲ +196% vs 2019
2021: €19k▲ +68.4% vs 2020
2022: €22k▲ +15.8% vs 2021highest in 5 years
2018 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€650k-€642k▼ 1.2%€997k▲ 55.3%€863k▼ 13.5%€867k▲ 0.5%
2018: €650k
2019: €642k▼ -1.2% vs 2018lowest in 5 years
2020: €997k▲ +55.3% vs 2019highest in 5 years
2021: €863k▼ -13.5% vs 2020
2022: €867k▲ +0.5% vs 2021
Equity€10k-€26k▲ 173%€29k▲ 12.6%€32k▲ 8.6%€31k▼ 1.6%
2018: €10klowest in 5 years
2019: €26k▲ +173% vs 2018
2020: €29k▲ +12.6% vs 2019
2021: €32k▲ +8.6% vs 2020highest in 5 years
2022: €31k▼ -1.6% vs 2021
Operating result€-9k-€997€10k▲ 911%€10k▲ 2.1%€3k▼ 68.3%
2018: €-9klowest in 5 years
2019: €997▲ +111% vs 2018
2020: €10k▲ +911% vs 2019
2021: €10k▲ +2.1% vs 2020highest in 5 years
2022: €3k▼ -68.3% vs 2021
Net result€-9k-€-7k▲ 22.1%€2k€3k▲ 11.0%€-519
2018: €-9klowest in 5 years
2019: €-7k▲ +22.1% vs 2018
2020: €2k▲ +132% vs 2019
2021: €3k▲ +11.0% vs 2020highest in 5 years
2022: €-519▼ -120% vs 2021
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 68% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €109k
Fixed assets
€9k ▼ 27.1%
Current assets
€99k ▲ 6.4%
Equity and liabilities €109k
Equity
€31k ▼ 1.6%
Debt
€77k ▲ 4.0%
Debt's share of the balance-sheet total rises from 70.0% to 71.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€7k▼
2021 · €15k
Cash flow
€3k▼
2021 · €8k
Current ratio
1.28▲
2021 · 1.25
Quick ratio
0.75▲
2021 · 0.68
Debt to equity
2.46▲
2021 · 2.33
ROE
-1.7%▼
2021 · 8.0%
ROA
-0.5%▼
2021 · 2.4%
Interest coverage
0.95▼
2021 · 2.50
Debt ≤ 1 year
€77k▲
2021 · €74k
Staff costs
€95k▲
2021 · €80k
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 · 45 lines
Balance sheet
Code20212022
Assets
Total assets20/58€106k€109k▲
Fixed assets21/28€13k€9k▼
Tangible fixed assets22/27€8k€5k▼
Plant, machinery and equipment23€200-
Furniture and vehicles24€8k€5k▼
Financial fixed assets28€5k€5k=
Current assets29/58€93k€99k▲
Stocks and contracts in progress3€43k€41k▼
Stocks30/36€43k€41k▼
Amounts receivable within one year40/41€49k€47k▼
Other amounts receivable41€49k€47k▼
Cash at bank and in hand54/58€1k€10k▲
Deferred charges and accrued income490/1€61€503▲
Equity and liabilities
Total equity and liabilities10/49€106k€109k▲
Equity10/15€32k€31k▼
Contributions10/11€19k€19k=
Reserves13€563€563=
Non-distributable reserves130/1€54€54=
Reserves not available under the articles1311€54€54=
Distributable reserves133€510€510=
Profit (loss) carried forward14€13k€12k▼
Amounts payable17/49€74k€77k▲
Amounts payable within one year42/48€74k€77k▲
Trade debts44€49k€45k▼
Suppliers440/4€49k€45k▼
Taxes, remuneration and social security45€26k€32k▲
Taxes450/3€9k€13k▲
Remuneration and social security454/9€17k€19k▲
Income statement
Code20212022
Turnover70€863k€867k▲
Goods, raw materials, services and sundry goods60/61€773k€769k▼
Remuneration, social security and pensions62€80k€95k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€6k€6k▲
Gross operating margin9900€101k€109k▲
Operating profit (loss)9901€10k€3k▼
Financial income75/76B€765€3k▲
Recurring financial income75€765€3k▲
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€5k€-519▼
Income taxes67/77€2k-
Profit (loss) for the period9904€3k€-519▼
Profit (loss) for the period to be appropriated9905€3k€-519▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€12k▼
Profit (loss) brought forward from the previous period14P€10k€13k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €650k | €642k | €997k | €863k | €867k | ▲ 0.5% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €773k | €769k | ▼ 0.5% |
| Remuneration, social security and pensions62 | - | - | - | €80k | €95k | ▲ 19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | - | €5k | €5k | €4k | ▼ 32.0% |
| Other operating charges640/8 | - | - | - | €6k | €6k | ▲ 7.3% |
| Gross operating margin9900 | €11k | €62k | €83k | €101k | €109k | ▲ 7.1% |
| Operating profit (loss)9901 | €-9k | €997 | €10k | €10k | €3k | ▼ 68.3% |
| Financial income75/76B | - | - | - | €765 | €3k | ▲ 333% |
| Recurring financial income75 | - | - | - | €765 | €3k | ▲ 333% |
| Financial charges65/66B | - | - | - | €6k | €7k | ▲ 14.8% |
| Recurring financial charges65 | €47 | €6k | €8k | €6k | €7k | ▲ 14.8% |
| Profit (loss) for the period before taxes9903 | €-9k | €-5k | €2k | €5k | €-519 | ▼ 111% |
| Income taxes67/77 | - | €2k | - | €2k | - | - |
| Profit (loss) for the period9904 | €-9k | €-7k | €2k | €3k | €-519 | ▼ 120% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €-7k | €2k | €3k | €-519 | ▼ 120% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €53k | €80k | €128k | €106k | €109k | ▲ 2.3% |
| Fixed assets21/28 | €20k | €22k | €18k | €13k | €9k | ▼ 27.1% |
| Tangible fixed assets22/27 | €18k | €18k | €13k | €8k | €5k | ▼ 42.4% |
| Plant, machinery and equipment23 | - | - | - | €200 | - | - |
| Furniture and vehicles24 | - | - | - | €8k | €5k | ▼ 41.0% |
| Financial fixed assets28 | €3k | €5k | €5k | €5k | €5k | = |
| Current assets29/58 | €33k | €58k | €110k | €93k | €99k | ▲ 6.4% |
| Stocks and contracts in progress3 | €28k | €40k | €67k | €43k | €41k | ▼ 3.6% |
| Stocks30/36 | - | - | - | €43k | €41k | ▼ 3.6% |
| Amounts receivable within one year40/41 | - | €8k | €32k | €49k | €47k | ▼ 3.2% |
| Other amounts receivable41 | - | - | - | €49k | €47k | ▼ 3.2% |
| Cash at bank and in hand54/58 | €4k | €10k | €11k | €1k | €10k | ▲ 600% |
| Deferred charges and accrued income490/1 | - | - | - | €61 | €503 | ▲ 727% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €53k | €80k | €128k | €106k | €109k | ▲ 2.3% |
| Equity10/15 | €10k | €26k | €29k | €32k | €31k | ▼ 1.6% |
| Contributions10/11 | €18k | €18k | €19k | €19k | €19k | = |
| Reserves13 | €563 | €563 | €563 | €563 | €563 | = |
| Non-distributable reserves130/1 | - | - | - | €54 | €54 | = |
| Reserves not available under the articles1311 | - | - | - | €54 | €54 | = |
| Distributable reserves133 | - | - | - | €510 | €510 | = |
| Profit (loss) carried forward14 | €-9k | €8k | €10k | €13k | €12k | ▼ 4.1% |
| Amounts payable17/49 | €43k | €54k | €99k | €74k | €77k | ▲ 4.0% |
| Amounts payable after more than one year17 | €11k | - | - | - | - | - |
| Amounts payable within one year42/48 | €32k | €54k | €99k | €74k | €77k | ▲ 4.0% |
| Trade debts44 | €14k | €36k | €67k | €49k | €45k | ▼ 6.4% |
| Suppliers440/4 | - | - | - | €49k | €45k | ▼ 6.4% |
| Taxes, remuneration and social security45 | - | - | - | €26k | €32k | ▲ 23.5% |
| Taxes450/3 | - | - | - | €9k | €13k | ▲ 42.9% |
| Remuneration and social security454/9 | - | - | - | €17k | €19k | ▲ 12.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €-7k | €2k | €3k | €-519 | ▼ 120% |
| + Depreciation and write-downs630 | €5k | - | €5k | €5k | €4k | ▼ 32.0% |
| Operating cash flow (approximation) | €-4k | €-7k | €7k | €8k | €3k | ▼ 61.2% |
| Investment in fixed assets (approximation) | - | €-2k | €-1k | €0 | €0 | - |
| Change in cash | - | €6k | €984 | €-9k | €9k | ▲ 192% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
25-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 18-03-2024
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €3k ▲11%
Operating result €10k, net result €3k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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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Directors · office · real estate
Directors
10 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, Anderlecht
Ground area
553 m²
Building footprint
88 m²
Volume, LiDAR
1,161 m³
Parcel 21305C0266/00C012, Brussels · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
21
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305C0266/00C012 | Brussels | 553 m² | 1 · 88 m² | 16.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
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 | Bernard VANHAM Rue de Charleroi 2, 1400 NIVELLES- |
18-03-2024 → present |
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,851. 4,448 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded01-05-2017
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Scores and ratios are computed by Checked and are not a credit decision.