LJC CONSTRUCTION
InactiveLJC CONSTRUCTION was declared bankrupt on 29-06-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 12-12-2023, published in the Belgian State Gazette on 19-12-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 14-09-2021, 45 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
45 d late
2019
33 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€27k▼ 25.6%
2019 · €36k
2018: €32k
2019: €36k
2018 → 2020
Total assets
€379k▲ 15.6%
2019 · €328k
2018: €105k
2019: €328k
2018 → 2020
Net result
€-9k
2019 · €5k
2018: €12k
2019: €5k
2018 → 2020
Working capital
€13k▼ 27.7%
2019 · €19k
2018: €33k
2019: €19k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€32k-€36k▲ 14.4%€27k▼ 25.6%
Operating result€37k-€48k▲ 28.5%€18k▼ 62.4%
Net result€12k-€5k▼ 60.9%€-9k
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 2020; 2020 is 62% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €379k
Fixed assets
€14k▼ 23.5%
Current assets
€366k▲ 17.9%
Equity and liabilities €379k
Equity
€27k▼ 25.6%
Debt
€352k▲ 20.8%
The debt ratio rises from 88.9% to 92.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€22k▼
2019 · €52k
Cash flow
€-5k▼
2019 · €9k
Solvency
7.1%▼
2019 · 11.1%
Current ratio
1.04▼
2019 · 1.06
Quick ratio
1.04▼
2019 · 1.06
ROE
-34.4%▼
2019 · 12.6%
ROA
-2.5%▼
2019 · 1.4%
Debt
€352k▲
2019 · €291k
Debt ≤ 1 year
€352k▲
2019 · €291k
Income taxes
€5k▼
2019 · €8k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€328k€379k▲
Fixed assets21/28€18k€14k▼
Tangible fixed assets22/27€17k€13k▼
Financial fixed assets28€1k€1k=
Current assets29/58€310k€366k▲
Amounts receivable within one year40/41€120k€175k▲
Cash at bank and in hand54/58€190k€182k▼
Equity and liabilities
Total equity and liabilities10/49€328k€379k▲
Equity10/15€36k€27k▼
Contributions10/11€19k-
Reserves13€2k€2k=
Profit (loss) carried forward14€16k€7k▼
Amounts payable17/49€291k€352k▲
Amounts payable within one year42/48€291k€352k▲
Trade debts44€217k€250k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Gross operating margin9900€282k€393k▲
Operating profit (loss)9901€48k€18k▼
Recurring financial income75€4k€78▼
Recurring financial charges65€39k€22k▼
Profit (loss) for the period before taxes9903€12k€-4k▼
Income taxes67/77€8k€5k▼
Profit (loss) for the period9904€5k€-9k▼
Profit (loss) for the period to be appropriated9905€5k€-9k▼
Timeline · acts, filings and financial milestones
2023
19-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · LJC CONSTRUC- TION RUE EMILE DELVA 160/7, 1020 LAEKEN. déclarée le 29 juin 2023 · event 12-12-2023
07-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · LJC CONSTRUCTION RUE EMILE DELVA 160/7, 1020 LAEKEN · event 29-06-2023
2021
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 45 days late
2020
31-12
Financial
Weakest financial yearnet €-9k ▼303%
Net result drops to €-9k, the lowest in the series.
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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 | ANICET BAUM AVENUE ARMAND HUYSMANS 212,
1050 IXELLES |
29-06-2023 → present |