LION SERVICES & CONSTRUCTIONS
Open bankruptcyA bankruptcy procedure is open for LION SERVICES & CONSTRUCTIONS according to publications in the Belgian State Gazette; curator: KARL VANSTIPELEN.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline21-09-2026 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 29-08-2023, 29 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
29 d late
2021
26 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€11k
2021 · €-5k
2021: €-5k
2021 → 2022
Total assets
€37k▲ 1,114%
2021 · €3k
2021: €3k
2021 → 2022
Net result
€16k
2021 · €-6k
2021: €-6k
2021 → 2022
Working capital
€11k
2021 · €-5k
2021: €-5k
2021 → 2022
Multi-year overview
Available amounts per fiscal year
Line20212022Trend
Equity€-5k-€11k
Operating result€-4k-€21k
Net result€-6k-€16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €21k after a loss of €4k in 2021.
Balance-sheet composition
Equity and liabilities €37k
Equity
€11k
Debt
€26k
Debt finances 70.5% of the balance-sheet total.
Key figures and ratios
Solvency
29.5%
Current ratio
1.42
Quick ratio
1.42
Debt / equity
2.39
ROE
145.8%
ROA
43.0%
Debt
€26k▲
2021 · €8k
Debt ≤ 1 year
€26k▲
2021 · €8k
Income taxes
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€3k€37k▲
Current assets29/58€3k€37k▲
Amounts receivable within one year40/41€2k€37k▲
Trade receivables40€648€31k▲
Other amounts receivable41€1k€6k▲
Cash at bank and in hand54/58€1k-
Deferred charges and accrued income490/1€105€304▲
Equity and liabilities
Total equity and liabilities10/49€3k€37k▲
Equity10/15€-5k€11k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€-6k€10k▲
Amounts payable17/49€8k€26k▲
Amounts payable within one year42/48€8k€26k▲
Financial debts43-€7k
Credit institutions430/8-€7k
Trade debts44€5k€7k▲
Suppliers440/4€5k€7k▲
Taxes, remuneration and social security45€2k€12k▲
Taxes450/3-€3k
Remuneration and social security454/9€2k€9k▲
Other amounts payable47/48€1k-
Income statement
Code20212022
Other operating charges640/8€486€830▲
Gross operating margin9900€-3k€22k▲
Operating profit (loss)9901€-4k€21k▲
Financial income75/76B-€298
Recurring financial income75-€298
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-6k€19k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€-6k€16k▲
Profit (loss) for the period to be appropriated9905€-6k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€10k▲
Profit (loss) brought forward from the previous period14P-€-6k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
18-09
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · LION SERVICES & CONSTRUC- TIONS BV IMPERIASTRAAT 8, 1930 ZAVENTEM · event 12-09-2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 1.42
Current ratio from 0.38 to 1.42.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KARL VANSTIPELEN A. DE COCKPLEIN 9,
1831 DIEGEM |
12-09-2023 → present |