LOCUPSA
InactiveLOCUPSA was declared bankrupt on 14-04-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 10-03-2026, published in the Belgian State Gazette on 18-03-2026.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○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 · 3 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 25-11-2021, 117 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
117 d late
2019
54 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Turnover
€1.98M
EBIT margin
-5.4%
Net result
€-120k
2019 · €103k
2018: €93k
2019: €103k
2018 → 2020
Working capital
€24k▼ 84.3%
2019 · €150k
2018: €84k
2019: €150k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€1.98M
Equity€79k-€178k▲ 124%€57k▼ 67.9%
Operating result€132k-€155k▲ 17.7%€-107k
Net result€93k-€103k▲ 9.7%€-120k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €107k after €155k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €440k
Fixed assets
€42k ▼ 62.0%
Current assets
€398k ▲ 19.0%
Equity and liabilities €440k
Equity
€57k ▼ 67.9%
Debt
€383k ▲ 43.2%
Debt's share of the balance-sheet total rises from 60.0% to 87.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-77k▼
2019 · €185k
Cash flow
€-90k▼
2019 · €132k
Current ratio
1.06▼
2019 · 1.81
Debt to equity
0.15▲
2019 · 0.07
ROE
-210.0%▼
2019 · 57.5%
ROA
-27.3%▼
2019 · 23.0%
Debt ≤ 1 year
€374k▲
2019 · €184k
Debt > 1 year
€9k▼
2019 · €13k
Income taxes
€13k▼
2019 · €51k
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 · 2020 against 2019 · 27 lines
Balance sheet
Code20192020
Assets
Total assets20/58€446k€440k▼
Fixed assets21/28€111k€42k▼
Tangible fixed assets22/27€51k€25k▼
Financial fixed assets28€60k€17k▼
Current assets29/58€334k€398k▲
Amounts receivable within one year40/41€217k€376k▲
Current investments50/53€124€124=
Cash at bank and in hand54/58€114k€21k▼
Equity and liabilities
Total equity and liabilities10/49€446k€440k▼
Equity10/15€178k€57k▼
Contributions10/11€22k€21k▼
Reserves13€2k€2k=
Profit (loss) carried forward14€154k€34k▼
Amounts payable17/49€267k€383k▲
Amounts payable after more than one year17€13k€9k▼
Amounts payable within one year42/48€184k€374k▲
Trade debts44€52k€283k▲
Income statement
Code20192020
Turnover70-€1.98M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€30k▲
Gross operating margin9900€882k€1.07M▲
Operating profit (loss)9901€155k€-107k▼
Recurring financial income75-€23k
Recurring financial charges65€1k€24k▲
Profit (loss) for the period before taxes9903€154k€-107k▼
Income taxes67/77€51k€13k▼
Profit (loss) for the period9904€103k€-120k▼
Profit (loss) for the period to be appropriated9905€103k€-120k▼
Timeline · acts, filings and financial milestones
2026
18-03
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · LOCUPSA SRL RUE FERDINAND ELBERS 135, 1080 MOLENBEEK-SAINT-JEAN. déclarée le 14 avril 2022 · event 10-03-2026
2022
21-04
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · LOCUPSA SRL RUE FERDINAND ELBERS 135, 1080 MOLENBEEK-SAINT-JEAN · event 14-04-2022
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 117 days late
2020
31-12
Financial
Weakest financial yearnet €-120k ▼217%
Net result drops to €-120k, the lowest in the series.
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 54 days late
2019
31-12
Financial
Highest result since 2018net €103k ▲9.7%
Operating result €155k, net result €103k, both a record.
31-12
Financial
Equity above €150kEq €178k ▲124%
2 profitable years in a row build equity to €178k.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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 | SOPHIE HUART CHAUSSEE DE WATERLOO 880,
1000 BRUXELLES 1 |
14-04-2022 → 10-03-2026 |