LIGNE DECOR
Open bankruptcyA bankruptcy procedure is open for LIGNE DECOR according to publications in the Belgian State Gazette; curator: ANOUK DE VLEESHOUWER.
Summary
The 2022 annual accounts show equity of €31k and a net result of €2k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 27-04-2023, 3 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
3 d early
2021
87 d late
2020
452 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€31k▲ 6.0%
2021 · €30k
2021: €30k
2021 → 2022
Total assets
€37k▼ 60.6%
2021 · €93k
2020: €0
2021: €93k
2020 → 2022
Net result
€2k▼ 93.8%
2021 · €29k
2021: €29k
2021 → 2022
Working capital
€30k▲ 134%
2021 · €13k
2021: €13k
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Equity€30k€31k▲ 6.0%
Operating result€29k€2k▼ 94.0%
Net result€29k€2k▼ 93.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 94% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €37k
Fixed assets
€1k ▼ 93.2%
Current assets
€36k ▼ 53.5%
Equity and liabilities €37k
Equity
€31k ▲ 6.0%
Debt
€5k ▼ 91.7%
Debt's share of the balance-sheet total falls from 68.2% to 14.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2k▼
2021 · €33k
Cash flow
€2k▼
2021 · €33k
Current ratio
6.74▲
2021 · 1.20
Debt to equity
0.17▼
2021 · 2.14
ROE
5.6%▼
2021 · 97.1%
ROA
4.8%▼
2021 · 30.9%
Interest coverage
22.89▼
2021 · 242.80
Debt ≤ 1 year
€5k▼
2021 · €64k
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 · 35 lines
Balance sheet
Code20212022
Assets
Total assets20/58€93k€37k▼
Fixed assets21/28€17k€1k▼
Tangible fixed assets22/27€17k€1k▼
Furniture and vehicles24€17k€1k▼
Current assets29/58€77k€36k▼
Amounts receivable within one year40/41€49k€36k▼
Trade receivables40€30k€12k▼
Other amounts receivable41€19k€24k▲
Cash at bank and in hand54/58€28k€1▼
Equity and liabilities
Total equity and liabilities10/49€93k€37k▼
Equity10/15€30k€31k▲
Contributions10/11€100€100=
Capital10-€100
Issued capital100-€100
Profit (loss) carried forward14€30k€31k▲
Amounts payable17/49€64k€5k▼
Amounts payable within one year42/48€64k€5k▼
Trade debts44€64k€5k▼
Suppliers440/4€64k€5k▼
Taxes, remuneration and social security45-€160
Taxes450/3-€160
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€380▼
Other operating charges640/8€11k€9k▼
Gross operating margin9900€44k€12k▼
Operating profit (loss)9901€29k€2k▼
Financial income75/76B-€131
Recurring financial income75-€131
Financial charges65/66B€136€92▼
Recurring financial charges65€136€92▼
Non-recurring financial charges66B-€92
Profit (loss) for the period before taxes9903€29k€2k▼
Profit (loss) for the period9904€29k€2k▼
Profit (loss) for the period to be appropriated9905€29k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€31k▲
Profit (loss) brought forward from the previous period14P€773€30k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · LIGNE DECOR BV ED. SCHELF- HOUTSTRAAT 119/, 1770 LIEDEKERKE · event 27-05-2025
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Liquidity times 6current ratio 6.74
Current ratio from 1.20 to 6.74; short-term debt falls from €64k to €5k.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 87 days late
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 452 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Liedekerke · 1 establishment unit since 2019
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.
Ed. Schelfhoutstraat 119/00111770 LiedekerkeGround area
325 m²
Building footprint
133 m²
Volume, LiDAR
779 m³
Parcel 23762C0178/00M009, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LIGNE DECOR
since 20192.303.128.903
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23762C0178/00M009 | Flanders | 325 m² | 1 · 133 m² | 9.6 m · 2 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 | ANOUK DE VLEESHOUWER PEGASUSLAAN 5,
1831 DIEGEM |
27-05-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-10-2018
Fiscal year end30-09
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.