Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for LIGHT FUSION according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €26k and a net result of €23k.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 events26-04-2024
Bankruptcy
Opening
Trust signals
1 signalOpen bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
0 events
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€23k
Working capital€24k
Directors1
Annual accounts & ratios
Source: NBB · 2022Annual accounts filed on 25-10-2024 with the NBB · fiscal year 2023 · micro
| Fiscal year | 2022 |
|---|---|
| Revenue | - |
| EBITDA | €32k |
| Net profit | €23k |
| Cash flow | €24k |
| Staff costs | €72k |
| Income taxes | €8k |
| Dividends | - |
| Total assets | €107k |
| Equity | €26k |
| Debt | €80k |
| of which ≤ 1y | €79k |
| of which > 1y | - |
| Working capital | €24k |
| Employees (FTE) | 3.5 |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 1.30 |
| Quick ratio | 1.30 |
| Working capital ratio | 22.4% |
| Solvency | 24.8% |
| Debt / equity | 3.04 |
| Long-term debt ratio | - |
| Interest coverage | 68.65 |
| Gross margin | - |
| Net margin | - |
| ROA | 22.0% |
| ROE | 88.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €107k |
| Fixed assets | 21/28 | €3k |
| Tangible fixed assets | 22/27 | €3k |
| Current assets | 29/58 | €103k |
| Amounts receivable within one year | 40/41 | €88k |
| Cash & bank | 54/58 | €15k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €107k |
| Equity | 10/15 | €26k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €23k |
| Amounts payable | 17/49 | €80k |
| Amounts payable within one year | 42/48 | €79k |
| Trade debts payable within one year | 44 | €53k |
| Income statement | ||
| Gross operating margin | 9900 | €105k |
| Operating result | 9901 | €32k |
| Financial charges | 65 | €466 |
| Result before taxes | 9903 | €31k |
| Income taxes | 67/77 | €8k |
| Net result for the period | 9904 | €23k |
| Result to be appropriated | 9905 | €23k |
Ratios computed by Checked.
Health barometer
FY 2022 · computed8
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
indexingNo directors on record yet
Directors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | TONY BELLAVIA AVENUE DES EXPOSITIONS, 8A,
7000 MONS- .
Date provisoire de cessation de paiement : 15/04/2024 |
15-04-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Algemene elektrotechnische installatiewerken(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 19-05-2022 |
| Status | Active |
| Postal code | 7190 |
| First BS signal | 26-04-2024 |
| Latest BS signal | 26-04-2024 |
Structure & network
Company structure: linked entities
1 linked entityMandates
Locations & real estate
Establishment units
1 locationLIGHT FUSION
since 20222.331.567.521
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area357 m²
Buildings1
Building footprint81 m²
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55008B0325/00M011 | Wallonia | 357 m² | 1 · 81 m² | - |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
1 event from the State Gazette26-04-2024
Bankruptcy
Opening
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
1 acts Address history · 1
10-05-2023
Registered-office move
All acts · 1
updated 3 years ago
2023
10-05-2023 Registered office moved to Ecaussinnes
- Rue des Otages, 8 à 7190 Ecaussinnes
Analysis
Snowflake analysis
financial profile on 5 axes40
/ 100
Fragile profile, watch stability in particular.
Health
8
Profitability
100
Solvency
44
Growth
50
Stability
0
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Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Reparatie van elektrische apparatuur33140Reparatie en onderhoud van elektrische apparatuur33140Elektrotechnische installatiewerken, uitgezonderd aan gebouwen43212Elektrotechnische installatiewerken van nijverheidsinrichtingen43212
Primary activity highlighted.
Names & trade names
| Legal nameFR | LIGHT FUSION |
Registered office
Rue des Otages 8
7190 Ecaussinnes, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.