LJ CONCEPT
Bankruptcy closedInactive since 21-04-2026; last annual accounts for fiscal year 2022.
Summary
LJ CONCEPT was declared bankrupt on 05-02-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 14-04-2026, published in the Belgian State Gazette on 28-04-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Renting and leasing of cars and light motor vehicles sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
-€47,138▼ 215%
2021 · -€14,978
Total assets
€36,767▼ 40.1%
2021 · €61,405
Net result
-€32,160▲ 28.5%
2021 · -€44,978
Working capital
-€72,141▼ 30.7%
2021 · -€55,185
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022
Operating result-€43,860--€31,631▲ 27.9%
Net result-€44,978below the sector's middle half--€32,160below the sector's middle half▲ 28.5%
Equity-€14,978below the sector's middle half--€47,138below the sector's middle half▼ 215%
Total assets€61,405below the sector's middle half-€36,767below the sector's middle half▼ 40.1%
Debt€76,384-€83,905▲ 9.8%
Working capital-€55,185below the sector's middle half--€72,141below the sector's middle half▼ 30.7%
Solvency-24.4%below the sector's middle half--128.2%below the sector's middle half▼ 103.8pp
Current ratio0.28below the sector's middle half-0.14below the sector's middle half▼ 0.14
Return on assets (ROA)-73.2%below the sector's middle half--87.5%below the sector's middle half▼ 14.2pp
above
within
below
the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31,631 in 2022 against €43,860 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €36,767
Fixed assets
€25,003 ▼ 37.8%
Current assets
€11,763 ▼ 44.5%
Equity and liabilities
Equity-€47,138
Debt€83,905
Equity is negative: debt (€83,905) exceeds the balance-sheet total (€36,767).
Key figures and ratios
EBITDA
-€14,628▲
2021 · -€18,922
Cash flow
-€15,156▲
2021 · -€20,039
Interest coverage
-27.66▼
2021 · -16.93
Debt ≤ 1 year
€83,905▲
2021 · €76,384
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,939 | €17,004 | ▼ 31.8% |
| Other operating charges640/8 | €38,325 | €12,454 | ▼ 67.5% |
| Gross operating margin9900 | €19,403 | -€2,174 | ▼ 111% |
| Operating profit (loss)9901 | -€43,860 | -€31,631 | ▲ 27.9% |
| Financial charges65/66B | €1,118 | €529 | ▼ 52.7% |
| Recurring financial charges65 | €1,118 | €529 | ▼ 52.7% |
| Profit (loss) for the period before taxes9903 | -€44,978 | -€32,160 | ▲ 28.5% |
| Profit (loss) for the period9904 | -€44,978 | -€32,160 | ▲ 28.5% |
| Profit (loss) for the period to be appropriated9905 | -€44,978 | -€32,160 | ▲ 28.5% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €61,405 | €36,767 | ▼ 40.1% |
| Fixed assets21/28 | €40,207 | €25,003 | ▼ 37.8% |
| Tangible fixed assets22/27 | €40,207 | €25,003 | ▼ 37.8% |
| Furniture and vehicles24 | €40,207 | €25,003 | ▼ 37.8% |
| Current assets29/58 | €21,199 | €11,763 | ▼ 44.5% |
| Amounts receivable within one year40/41 | €11,421 | €8,323 | ▼ 27.1% |
| Trade receivables40 | €11,153 | €8,323 | ▼ 25.4% |
| Other amounts receivable41 | €268 | - | - |
| Cash at bank and in hand54/58 | €567 | €3,440 | ▲ 506% |
| Deferred charges and accrued income490/1 | €9,210 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €61,405 | €36,767 | ▼ 40.1% |
| Equity10/15 | -€14,978 | -€47,138 | ▼ 215% |
| Contributions10/11 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | -€44,978 | -€77,138 | ▼ 71.5% |
| Amounts payable17/49 | €76,384 | €83,905 | ▲ 9.8% |
| Amounts payable within one year42/48 | €76,384 | €83,905 | ▲ 9.8% |
| Trade debts44 | €32,456 | €27,099 | ▼ 16.5% |
| Suppliers440/4 | €32,456 | €27,099 | ▼ 16.5% |
| Advances received on contracts in progress46 | €2,100 | €2,306 | ▲ 9.8% |
| Taxes, remuneration and social security45 | €6,981 | €3,229 | ▼ 53.8% |
| Taxes450/3 | €5,481 | €3,229 | ▼ 41.1% |
| Remuneration and social security454/9 | €1,500 | - | - |
| Other amounts payable47/48 | €34,847 | €51,272 | ▲ 47.1% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€44,978 | -€32,160 | ▲ 28.5% |
| + Depreciation and write-downs630 | €24,939 | €17,004 | ▼ 31.8% |
| Operating cash flow (approximation) | -€20,039 | -€15,156 | ▲ 24.4% |
| Investment in fixed assets (approximation) | - | -€1,800 | - |
| Change in cash | - | €2,873 | - |
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
2026
28-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 14-04-2026
2024
13-05
KBO administration
Address struck
event 21-02-2024
14-02
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 05-02-2024
02-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 155 days late
2022
06-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 67 days late
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brussel
Ground area
2,651 m²
Building footprint
237 m²
Volume, LiDAR
1,598 m³
Parcel 21821A0188/00E000, Brussels · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
25
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821A0188/00E000 | Brussels | 2,651 m² | 1 · 237 m² | 7.6 m · 2 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 | EMMANUELLE BOUILLON Chaussee De La Hulpe 187, 1170 Watermael-Boitsfort |
05-02-2024 → 14-04-2026 |
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Koekelare
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of 1,446 companies in this sector we hold annual accounts for 729. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded17-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
77110Renting and leasing of cars and light motor vehicles
77120Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0748641842
Registered
17-08-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.