LOCOMOSON
Open bankruptcyA bankruptcy procedure is open for LOCOMOSON according to publications in the Belgian State Gazette; curator: GENEVIEVE DEDOBBELEER.
Summary
The 2023 annual accounts show equity of €16k and a net result of €-9k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-09-2024, 58 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
58 d late
2022
60 d late
2021
75 d late
2020
74 d late
2019
97 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€444k
EBIT margin
-4.3%
Net result
€-9k▼ 165%
2022 · €-4k
2018: €-18k
2019: €-31k
2020: €9k
2021: €-16k
2022: €-4k
2018 → 2023
Working capital
€-548
2022 · €18k
2018: €62k
2019: €30k
2020: €40k
2021: €18k
2022: €18k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€36k-€45k▲ 23.6%€29k▼ 35.5%€26k▼ 12.1%€16k▼ 36.5%
Operating result€-29k-€8k€-14k€-326▲ 97.6%€-9k▼ 2,618%
Net result€-31k-€9k€-16k€-4k▲ 78.0%€-9k▼ 165%
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 €9k in 2023 against €326 in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €344k
Fixed assets
€17k ▲ 118%
Current assets
€327k ▲ 4.7%
Equity and liabilities €344k
Equity
€16k ▼ 36.5%
Debt
€328k ▲ 11.2%
Debt's share of the balance-sheet total rises from 92.0% to 95.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▼
2022 · €4k
Cash flow
€-3k▼
2022 · €1k
Current ratio
1.00▼
2022 · 1.06
Quick ratio
0.18▲
2022 · 0.15
Debt to equity
20.21▲
2022 · 11.55
ROE
-57.5%▼
2022 · -13.8%
ROA
-2.7%▼
2022 · -1.1%
Interest coverage
-0.95▼
2022 · 1.31
Debt ≤ 1 year
€328k▲
2022 · €295k
Income taxes
€210▲
2022 · €189
Staff costs
€115k▲
2022 · €104k
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 · 2023 against 2022 · 49 lines
Balance sheet
Code20222023
Assets
Total assets20/58€320k€344k▲
Fixed assets21/28€8k€17k▲
Tangible fixed assets22/27€8k€17k▲
Plant, machinery and equipment23€1k€277▼
Furniture and vehicles24€2k€14k▲
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€37€37=
Current assets29/58€312k€327k▲
Stocks and contracts in progress3€268k€267k▼
Stocks30/36€268k€267k▼
Amounts receivable within one year40/41€31k€38k▲
Trade receivables40€31k€38k▲
Cash at bank and in hand54/58€9k€10k▲
Deferred charges and accrued income490/1€4k€11k▲
Equity and liabilities
Total equity and liabilities10/49€320k€344k▲
Equity10/15€26k€16k▼
Contributions10/11€169k€169k=
Reserves13€6k€6k=
Non-distributable reserves130/1€77€77=
Reserves not available under the articles1311€77€77=
Tax-exempt reserves132€6k€6k=
Profit (loss) carried forward14€-150k€-159k▼
Amounts payable17/49€295k€328k▲
Amounts payable within one year42/48€295k€328k▲
Current portion of amounts payable after more than one year42€946-
Trade debts44€53k€64k▲
Suppliers440/4€53k€64k▲
Advances received on contracts in progress46€3k-
Taxes, remuneration and social security45€36k€38k▲
Taxes450/3€21k€20k▼
Remuneration and social security454/9€15k€18k▲
Other amounts payable47/48€202k€226k▲
Income statement
Code20222023
Remuneration, social security and pensions62€104k€115k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€742€851▲
Gross operating margin9900€109k€113k▲
Operating profit (loss)9901€-326€-9k▼
Financial income75/76B€220€2k▲
Recurring financial income75€10€36▲
Non-recurring financial income76B€210€2k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Non-recurring financial charges66B-€216
Profit (loss) for the period before taxes9903€-3k€-9k▼
Income taxes67/77€189€210▲
Profit (loss) for the period9904€-4k€-9k▼
Profit (loss) for the period to be appropriated9905€-4k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-150k€-159k▼
Profit (loss) brought forward from the previous period14P€-146k€-150k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-01
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · LOCOMOSON SPRL AVENUE VESALE 32, 1300 WAVRE · event 16-01-2025
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
13-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 74 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 97 days late
2019
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series.
19-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 50 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
21-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 52 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 59 days late
2015
24-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 24 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, Wavre · 1 establishment unit
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.
Avenue Vésale 321300 WavreGround area
1,354 m²
Building footprint
596 m²
Volume, LiDAR
3,473 m³
Parcel 25112B0048/00G002, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue Vésale 32, 1300 Wavre
since 18002.110.239.156
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112B0048/00G002 | Wallonia | 1,354 m² | 1 · 596 m² | 7.7 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 | GENEVIEVE DEDOBBELEER RUE DE CHARLEROI 2,
1400 NIVELLES |
16-01-2025 → present |
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Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 843 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-12-1983
Fiscal year end31-12
Activities, NACEBEL 2025
47551Retail sale of household furniture
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.