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LOUISE 102

Inactive
KBO/BCE: BE 0880.628.455

LOUISE 102 was declared bankrupt on 28-11-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 26-03-2024, published in the Belgian State Gazette on 28-10-2024.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
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 · 10 filings
Position 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 04-11-2021, 96 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
96 d late
2019
54 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2020, micro schema

Equity
€-141k▼ 76.9%
2019 · €-80k
2018: €127k 2019: €-80k
2018 → 2020
Total assets
€272k▼ 17.9%
2019 · €332k
2018: €178k 2019: €332k
2018 → 2020
Net result
€-61k▲ 70.3%
2019 · €-206k
2018: €23k 2019: €-206k
2018 → 2020
Working capital
€-259k▼ 35.8%
2019 · €-191k
2018: €96k 2019: €-191k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201820192020Trend
Equity€127k-€-80k€-141k▼ 76.9%
Operating result€3k-€-208k€-58k▲ 72.2%
Net result€23k-€-206k€-61k▲ 70.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-300k€-200k€-100k€0Operating result 2018: €3k€3kNet result 2018: €23k€23kOperating result 2019: €-208k€-208kNet result 2019: €-206k€-206kOperating result 2020: €-58k€-58kNet result 2020: €-61k€-61k201820192020€-300k€-200k€-100k€0Operating result 2018: €3k€3.1kNet result 2018: €23k€23kOperating result 2019: €-208k€-208kNet result 2019: €-206k€-206kOperating result 2020: €-58k€-58kNet result 2020: €-61k€-61k201820192020
The operating result stays negative: a loss of €58k in 2020 against €208k in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €272k
Fixed assets €237k ▼ 10.4%
Current assets €36k ▼ 47.3%
Key figures and ratios
2020 value · change against 2019
EBITDA
€-29k
2019 · €-179k
Cash flow
€-33k
2019 · €-178k
Solvency
-51.8%
2019 · -24.1%
Current ratio
0.12
2019 · 0.26
Quick ratio
0.09
2019 · 0.24
Debt to equity
-0.84
2019 · -1.92
ROA
-22.5%
2019 · -62.3%
Debt
€413k
2019 · €411k
Debt ≤ 1 year
€295k
2019 · €258k
Debt > 1 year
€119k
2019 · €153k
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 · 25 lines
Balance sheet Code20192020
Assets
Total assets20/58€332k€272k
Fixed assets21/28€264k€237k
Tangible fixed assets22/27€262k€234k
Financial fixed assets28€2k€2k=
Current assets29/58€68k€36k
Stocks and contracts in progress3€5k€10k
Amounts receivable within one year40/41€47k€24k
Cash at bank and in hand54/58€14k€1k
Equity and liabilities
Total equity and liabilities10/49€332k€272k
Equity10/15€-80k€-141k
Contributions10/11€124k€124k=
Reserves13€6k€6k=
Profit (loss) carried forward14€-210k€-271k
Amounts payable17/49€411k€413k
Amounts payable after more than one year17€153k€119k
Amounts payable within one year42/48€258k€295k
Trade debts44€120k€147k
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€29k
Gross operating margin9900€-142k€18k
Operating profit (loss)9901€-208k€-58k
Recurring financial income75€6k€2k
Recurring financial charges65€5k€5k
Profit (loss) for the period before taxes9903€-206k€-61k
Profit (loss) for the period9904€-206k€-61k
Profit (loss) for the period to be appropriated9905€-206k€-61k

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Timeline · acts, filings and financial milestones

2024
28-10
Bankruptcy Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · LOUISE 102 SA AVENUE LOUISE 102, 1050 IXELLES. déclarée le 28 novembre 2022 · event 26-03-2024
2022
05-12
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · LOUISE 102 SA AVENUE LOUISE 102, 1050 IXELLES · event 28-11-2022
2021
04-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 96 days late
2020
23-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 54 days late
2019
31-12
Financial Weakest financial yearnet €-206k ▼1017%
Net result drops to €-206k, the lowest in the series.
17-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 48 days late
19-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 292 days late
2017
04-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 35 days late
2016
30-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
01-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
29-09
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2013
26-09
NBB filing Annual accounts filed
fiscal year 2013 · full schema
2012
18-09
NBB filing Annual accounts filed
fiscal year 2012 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
8 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 ANTHONY BOCHON
AVENUE LOUISE 522 BOITE 1, 1050 IXELLES
28-11-202226-03-2024