Debts
€391,228 93% of the balance sheet
LOWCOST CONSTRUCT
Information for creditors
Enterprise Court of Walloon Brabant · Official Gazette of 08-10-2021Appeal or third-party opposition 23-10-2021Filing the claim in RegSol 03-11-2021First verification report 15-11-2021Late claim 04-10-2022
Trustee: Christophe Baudoux. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Lifetime
14 annual accounts with figures on one time axis, 22 filings since 1998peak €52,591 (2019)
€52,591▲ 299%
lowest -€13,140 (2010)
€26,854▲ 106%
peak €41,864 (2006)
€29,195▲ 12×
€391,228▲ 497%
peak 1.5 FTE (2010)
1 FTE
Board2 names since 2018
-
Documentsfilings and deeds
19-05-2021292 days late
2019micro format
Gross margin from €13,167 to €52,591Result from €13,023 to €26,854Company renamed from Le lac spri to Lowcost Construct sprl 21-06Equity from €2,341 to €29,195Debts from €65,544 to €391,228Investments €2,888
Key points
from the 2019 annual accounts, the last ones filedFilings
22 annual accounts since 1998
Ten of the last ten came late. The 2016 accounts came latest: 1,388 days after the end of the period.
Lifetime
24 years from 1997 to 2021
No score
Recent changes
Bankruptcy published
Enterprise Court of Walloon Brabant · judgment of 04-10-2021 · Bankruptcy
Strikeout withdrawal
effective 19-05-2021 · KBO administration
Company renamed from Le lac spri to Lowcost Construct sprl
Registered office moved from Sombreffe to Wavre · New registered office: Chemin de louvranges 72 à 1300 Wavre · Previous registered office: Chaussée de Bruxelles 23/A à 5140 Sombreffe · General meeting of 07-05-2019 · Gazette deed
Company renamed from Le Lac to Lowcost Construct
“L’étude et la réalisation de tous travaux de construction,publics et privés,en qualité d’entrepreneur général…” (deed in French) · Gazette deed
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 04-10-2021
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.082.679.2781300 Wavre, since 17-07-1997
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on LOWCOST CONSTRUCT
Equity fell from €41,864 in 2006 to €29,195 in 2019, while debts rose from €17,064 to €391,228.
On 4 October 2021 the court declared LOWCOST CONSTRUCT bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LOWCOST CONSTRUCT
- What is the company number of LOWCOST CONSTRUCT?
- The company number of LOWCOST CONSTRUCT is 0460.706.448. The VAT number is the same number with BE in front: BE 0460.706.448.
- Where was LOWCOST CONSTRUCT based?
- The last known address of the registered office is Chemin de Louvranges 72, 1300 Wavre.Company details
- What does LOWCOST CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of LOWCOST CONSTRUCT?
- LOWCOST CONSTRUCT is a private limited company (pre-2019) (BVBA).
- When was LOWCOST CONSTRUCT founded?
- LOWCOST CONSTRUCT was founded on 22-05-1997.
- Is LOWCOST CONSTRUCT still active?
- A bankruptcy is running. A bankruptcy trustee manages the company.
- How many employees did LOWCOST CONSTRUCT have?
- LOWCOST CONSTRUCT had an average of 1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of LOWCOST CONSTRUCT?
- The turnover in financial year 2019 is ≈ €270,000. This figure is estimated from the gross margin of €52,591 and 111 comparable companies (NACE 41001). It probably lies between €200,000 and €450,000.
- Is LOWCOST CONSTRUCT profitable?
- In financial year 2019, LOWCOST CONSTRUCT made a profit of €26,854.
- Where can I find the annual accounts of LOWCOST CONSTRUCT?
- LOWCOST CONSTRUCT filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2019.
Next steps
See what became of the directors' other companies.Supplier due diligence See who ran this company and where its registered office was, on a date of your choice.Company as of a date Check whether the registered address is a letterbox address or a business centre.Addresses Check your own customer list for customers at risk.Process a list See how the general construction of residential buildings sector is doing.Sector figures