LODESCO
InactiveOverview
Overview
Official details
Source: KBO- Status
- Inactive deed of incorporation of 05-01-1995 · last publication under the heading Restructuring on 10-01-2014
- Activity
- No activity registered in the KBO
- Financial year end
- 30 September
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts to 30-09-2013
- Gross margin
- -€14,106
- Profit
- €1,876
- ▼ 46.5%
- Equity
- €11,913
- ▲ 18.7%
- Total assets
- €119,833
- ▼ 11.1%
Turnover not published (abbreviated format)
Financials
Financials · financial year 2013, abbreviated format
Annual accounts 2013 filed on 20-05-2014 PDF all 19 filings
Equity
€11,913▲ 18.7%
2013 · €10,038
Total assets
€119,833▼ 11.1%
2013 · €134,870
Net result
€1,876▼ 46.5%
2013 · €3,509
Working capital
€8,059▲ 121%
2013 · €3,654
Multi-year overview
2010 to 2013, 5 financial yearsOperating result
€3,053
2013
20102013
Net result
€1,876
2013
20102013
Equity
€11,913
2013
20102013
Total assets
€119,833
2013
20102013
Debt
€107,919
2013
20102013
Working capital
€8,059
2013
20102013
Staff (FTE)
no figure
2013
20102013
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20102011201220132013
Operating result€16,049--€63,465€42,620-€6,620€3,053-
Net result€15,955--€61,679€42,353€3,509▼ 91.7%€1,876-
Equity€25,855--€35,824€6,529€10,038▲ 53.8%€11,913-
Total assets€225,249-€191,149▼ 15.1%€185,955▼ 2.7%€134,870▼ 27.5%€119,833-
Debt€199,394-€226,973▲ 13.8%€179,426▼ 20.9%€124,832▼ 30.4%€107,919-
Working capital€10,946--€52,229-€3,666▲ 93.0%€3,654€8,059-
Staff (FTE)0.1
Several financial years end in the same calendar year, so there is no annual trend.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance-sheet composition
2013 in colour, 2013 as the grey bar beneath
Assets €119,833
Fixed assets
€3,854 ▼ 39.6%
Current assets
€115,979 ▼ 9.7%
Equity and liabilities €119,833
Equity
€11,913 ▲ 18.7%
Debt
€107,919 ▼ 13.5%
Debt's share of the balance-sheet total falls from 92.6% to 90.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5,584▲
2013 · -€1,363
Cash flow
€4,406▼
2013 · €8,766
Current ratio
1.07▲
2013 · 1.03
Quick ratio
0.53▼
2013 · 0.55
ROE
15.7%▼
2013 · 35.0%
ROA
1.6%▼
2013 · 2.6%
Debt ≤ 1 year
€107,919▼
2013 · €124,832
Income taxes
€1,200▲
2013 · -€8
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2010 | 2011 | 2012 | 2013 | 2013 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,700 | €11,254 | €6,210 | €5,257 | €2,531 | - |
| Gross operating margin9900 | €32,319 | -€10,200 | €101,259 | €643 | -€14,106 | - |
| Operating profit (loss)9901 | €16,049 | -€63,465 | €42,620 | -€6,620 | €3,053 | - |
| Recurring financial income75 | €132 | €9 | €52 | €67 | €28 | - |
| Recurring financial charges65 | €227 | €310 | €311 | €362 | €5 | - |
| Profit (loss) for the period before taxes9903 | €15,955 | -€57,930 | €42,361 | €3,501 | €3,076 | - |
| Income taxes67/77 | - | €3,749 | €8 | -€8 | €1,200 | - |
| Profit (loss) for the period9904 | €15,955 | -€61,679 | €42,353 | €3,509 | €1,876 | - |
| Profit (loss) for the period to be appropriated9905 | €15,955 | -€61,679 | €42,353 | €3,509 | €1,876 | - |
| Line | 2010 | 2011 | 2012 | 2013 | 2013 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €225,249 | €191,149 | €185,955 | €134,870 | €119,833 | - |
| Fixed assets21/28 | €27,659 | €16,405 | €10,195 | €6,384 | €3,854 | - |
| Tangible fixed assets22/27 | €27,659 | €16,405 | €10,195 | €6,384 | €3,854 | - |
| Current assets29/58 | €197,590 | €174,745 | €175,760 | €128,486 | €115,979 | - |
| Stocks and contracts in progress3 | €110,710 | €128,259 | €63,728 | €59,691 | €58,405 | - |
| Amounts receivable within one year40/41 | €64,526 | €45,422 | €36,156 | €63,847 | €52,347 | - |
| Cash at bank and in hand54/58 | €22,355 | €1,064 | €75,876 | €4,948 | €5,227 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €225,249 | €191,149 | €185,955 | €134,870 | €119,833 | - |
| Equity10/15 | €25,855 | -€35,824 | €6,529 | €10,038 | €11,913 | - |
| Contributions10/11 | €31,235 | €31,235 | €31,235 | €31,235 | €31,235 | - |
| Profit (loss) carried forward14 | -€5,380 | -€67,059 | -€24,706 | -€21,197 | -€19,321 | - |
| Amounts payable17/49 | €199,394 | €226,973 | €179,426 | €124,832 | €107,919 | - |
| Amounts payable after more than one year17 | €12,750 | - | - | - | - | - |
| Amounts payable within one year42/48 | €186,644 | €226,973 | €179,426 | €124,832 | €107,919 | - |
| Trade debts44 | €23,792 | €10,125 | €12,702 | €37,396 | €37,062 | - |
| Line | 2010 | 2011 | 2012 | 2013 | 2013 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,955 | -€61,679 | €42,353 | €3,509 | €1,876 | - |
| + Depreciation and write-downs630 | €13,700 | €11,254 | €6,210 | €5,257 | €2,531 | - |
| Operating cash flow (approximation) | €29,654 | -€50,424 | €48,562 | €8,766 | €4,406 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,446 | - | - |
| Change in cash | - | -€21,291 | €74,812 | -€70,928 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2013 | abbreviated format | 20-05-2014 | 2014-12800378 | |
| 31-03-2013 | abbreviated format | 30-09-2013 | 2013-60400552 | |
| 31-03-2012 | abbreviated format | 26-09-2012 | 2012-58300351 | |
| 31-03-2011 | abbreviated format | 04-10-2011 | 2011-57400200 | |
| 31-03-2010 | abbreviated format | 05-10-2010 | 2010-57300026 | |
| 31-03-2009 | abbreviated format | 07-10-2009 | 2009-80400211 | |
| 31-03-2008 | abbreviated format | 21-10-2008 | 2008-78900276 | |
| 31-03-2007 | abbreviated format | 09-10-2007 | 2007-77000102 | |
| 31-03-2006 | abbreviated format | 25-09-2006 | 2006-78600258 | |
| 31-03-2005 | abbreviated format | 30-09-2005 | 2005-72600286 |
Timeline
Acts, filings and financial milestones
2014
20-05
abbreviated format · 20 days late
10-01
Gazette deed
Restructuring
2013
30-09
abbreviated format · 31 days before the deadline
2012
26-09
abbreviated format · 35 days before the deadline
31-03
Financial
Back to profitnet €42,353
The net result is €42,353, after one loss-making year.
2011
04-10
abbreviated format · 27 days before the deadline
31-03
Financial
Weakest financial yearnet -€61,679
The net result drops to -€61,679, the lowest from 2010 to 2013.
2010
05-10
abbreviated format · 26 days before the deadline
2009
07-10
abbreviated format · 24 days before the deadline
2008
21-10
abbreviated format · 10 days before the deadline
2007
09-10
abbreviated format · 22 days before the deadline
2006
25-09
abbreviated format · 36 days before the deadline
2005
30-09
abbreviated format · 31 days before the deadline
1995
05-01
Gazette deed
Incorporation
18 publications in the Belgian Official Gazette, the last on 10-01-2014
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Inactive
Inactive
LODESCO is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 30 September 2013
- Last registered office
- Turnhoutsebaan 42-44, 2480 Desselas published on 10 January 2014
- Legal form
- Public limited company
- First annual accounts
- financial year 1996