LOOLA FASTGOOD
InactiveLOOLA FASTGOOD was declared bankrupt on 15-05-2023 (Tribunal de l’entreprise du Brabant wallon); the bankruptcy was closed by liquidation by judgment of 05-03-2026, published in the Belgian State Gazette on 13-03-2026.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 07-08-2022, 7 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
7 d late
2020
4 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 14 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€233,445▼ 48.3%
2020 · -€157,381
Working capital
€452,558▲ 1,260%
2020 · €33,279
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201920202021
Operating result-€348,637--€142,862▲ 59.0%-€210,881▼ 47.6%
Net result-€354,148--€157,381▲ 55.6%-€233,445▼ 48.3%
Equity€645,852-€488,471▼ 24.4%€255,026▼ 47.8%
Total assets€2.2m-€4.2m▲ 86.9%€5.8m▲ 38.5%
Debt€1.6m-€3.7m▲ 132%€5.6m▲ 49.8%
Working capital€142,840-€33,279▼ 76.7%€452,558▲ 1,260%
Staff (FTE)0.2-0.8▲ 300%1.5▲ 87.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €210,881 in 2021 against €142,862 in 2020; the loss grows.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €5.8m
Fixed assets
€5.3m ▲ 29.1%
Current assets
€557,549 ▲ 344%
Equity and liabilities €5.8m
Equity
€255,026 ▼ 47.8%
Debt
€5.6m ▲ 49.8%
Debt's share of the balance-sheet total rises from 88.4% to 95.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€175,597▼
2020 · -€119,860
Cash flow
-€198,161▼
2020 · -€134,379
Current ratio
5.31▲
2020 · 1.36
Quick ratio
4.66▲
2020 · 0.77
Debt to equity
21.82▲
2020 · 7.37
ROE
-91.5%▼
2020 · -32.2%
ROA
-4.0%▼
2020 · -3.7%
Interest coverage
-4.97
Debt ≤ 1 year
€104,990▲
2020 · €92,345
Debt > 1 year
€5.4m▲
2020 · €3.6m
Income taxes
€225=
2020 · €225
Staff costs
€51,215
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €51,215 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,895 | €23,002 | €35,284 | ▲ 53.4% |
| Other operating charges640/8 | - | - | €1,248 | - |
| Non-recurring operating charges66A | - | - | €19,965 | - |
| Gross operating margin9900 | -€316,352 | -€88,064 | -€103,169 | ▼ 17.2% |
| Operating profit (loss)9901 | -€348,637 | -€142,862 | -€210,881 | ▼ 47.6% |
| Financial income75/76B | - | - | €12,964 | - |
| Recurring financial income75 | €2,203 | €7,926 | €12,964 | ▲ 63.6% |
| Financial charges65/66B | - | - | €35,302 | - |
| Recurring financial charges65 | €7,714 | €22,220 | €35,302 | ▲ 58.9% |
| Profit (loss) for the period before taxes9903 | -€354,148 | -€157,156 | -€233,220 | ▼ 48.4% |
| Income taxes67/77 | - | €225 | €225 | = |
| Profit (loss) for the period9904 | -€354,148 | -€157,381 | -€233,445 | ▼ 48.3% |
| Profit (loss) for the period to be appropriated9905 | -€354,148 | -€157,381 | -€233,445 | ▼ 48.3% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €2.2m | €4.2m | €5.8m | ▲ 38.5% |
| Fixed assets21/28 | €2.1m | €4.1m | €5.3m | ▲ 29.1% |
| Intangible fixed assets21 | €27,673 | €23,871 | €937 | ▼ 96.1% |
| Tangible fixed assets22/27 | €157,121 | €174,572 | €174,424 | ▼ 0.1% |
| Plant, machinery and equipment23 | - | - | €4,769 | - |
| Furniture and vehicles24 | - | - | €51,851 | - |
| Other tangible fixed assets26 | - | - | €117,804 | - |
| Financial fixed assets28 | €1.9m | €3.9m | €5.1m | ▲ 31.1% |
| Current assets29/58 | €198,500 | €125,623 | €557,549 | ▲ 344% |
| Stocks and contracts in progress3 | €21,430 | €54,216 | €68,416 | ▲ 26.2% |
| Stocks30/36 | - | - | €68,416 | - |
| Amounts receivable within one year40/41 | €103,589 | €29,888 | €76,572 | ▲ 156% |
| Trade receivables40 | - | - | €63,647 | - |
| Other amounts receivable41 | - | - | €12,925 | - |
| Current investments50/53 | €6,000 | - | - | - |
| Cash at bank and in hand54/58 | €45,781 | €25,796 | €383,933 | ▲ 1,388% |
| Deferred charges and accrued income490/1 | - | - | €28,628 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €2.2m | €4.2m | €5.8m | ▲ 38.5% |
| Equity10/15 | €645,852 | €488,471 | €255,026 | ▼ 47.8% |
| Contributions10/11 | €1.0m | - | €1.0m | - |
| Outside capital11 | - | - | €1.0m | - |
| Other1109/19 | - | - | €1.0m | - |
| Profit (loss) carried forward14 | -€354,148 | -€511,529 | -€744,974 | ▼ 45.6% |
| Amounts payable17/49 | €1.6m | €3.7m | €5.6m | ▲ 49.8% |
| Amounts payable after more than one year17 | €1.5m | €3.6m | €5.4m | ▲ 50.0% |
| Other amounts payable178/9 | - | - | €5.4m | - |
| Amounts payable within one year42/48 | €55,660 | €92,345 | €104,990 | ▲ 13.7% |
| Trade debts44 | €51,478 | €6,259 | €13,221 | ▲ 111% |
| Suppliers440/4 | - | - | €13,221 | - |
| Taxes, remuneration and social security45 | - | - | €13,087 | - |
| Taxes450/3 | - | - | €7,585 | - |
| Remuneration and social security454/9 | - | - | €5,502 | - |
| Other amounts payable47/48 | - | - | €78,682 | - |
| Accrued charges and deferred income492/3 | - | - | €59,593 | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€354,148 | -€157,381 | -€233,445 | ▼ 48.3% |
| + Depreciation and write-downs630 | €17,895 | €23,002 | €35,284 | ▲ 53.4% |
| Operating cash flow (approximation) | -€336,253 | -€134,379 | -€198,161 | ▼ 47.5% |
| Investment in fixed assets (approximation) | - | -€2.0m | -€1.2m | ▲ 40.5% |
| Change in cash | - | -€19,985 | €358,137 | ▲ 1,892% |
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
13-03
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise du Brabant wallon · event 05-03-2026
2023
24-05
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 15-05-2023
2022
07-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 7 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 5.31
Current ratio from 1.36 to 5.31.
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 4 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARC-ALAIN SPEIDEL CHAUSSEE DE LOUVAIN 523,
1380 LASNE |
15-05-2023 → 05-03-2026 |