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LOWCOST CONSTRUCT

In bankruptcy Private limited company (pre-2019)founded 1997Chemin de Louvranges 72, 1300 WavreKBO/BCE: BE 0460.706.448
LOWCOST CONSTRUCT
Financial year 2019
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Annual accounts 2019

micro format, filed on 19-05-2021, 292 days late
€52,591
▲ 299%
€26,402
▲ 102%
€27,236
€27,687
6.9%
▲ 3.5 percentage points
1.06
▼ 2.23

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €270,000. Estimated: probably between €200,000 and €450,000.

Money flows

no detail for 2019

Balance sheet

balance sheet total €420,423 on 31-12-2019
What the company ownsHow it is paid for

in euro

in euro

Staff

€10,342

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2019, 1 person joined and 1 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 420,42367,88512964641,0971291291,83240,82735,64544,25553,56858,928
20 659659------------
21/28 3,7571,702------02,7892,6465,61017,88731,880
21 --------00002,2315,206
22/27 3,7571,702------02,7892,6465,61015,65626,674
22 --------00652246691,256
23 --------01,4081,4054,5759,53614,487
24 3,7571,702------01,3821,1778115,45110,931
28 --------0-----
29/58 416,00765,52412964641,0971291291,83238,03832,99938,64535,68127,048
40/41 364,03015,88212964641,0971291291,60836,72232,63037,80933,11025,862
40 342,4915,279--0968-01,4786,9975,0768,9722,606370
41 21,53910,603129646412912912912929,72527,55428,83730,50425,491
54/58 51,97749,642--000-2251,3163688362,5711,186
Balance sheet: equity and liabilities
10/49 420,42367,88512964641,0971291291,83240,82735,64544,25553,56858,928
10/15 29,1952,341-10,682-10,682-10,682-10,631-10,529-11,251-9,5621,89415,03422,98334,71041,864
10/11 30,98730,98730,98730,98730,98730,98730,98730,98730,98730,98730,98730,98730,98730,987
100 30,98730,98730,98730,98730,98730,98730,98730,98730,98730,98730,98730,98730,98730,987
14 -1,792-28,646-41,669-41,669-41,669-41,617-41,516-42,238-40,549-29,093-15,952-8,0033,72410,877
17/49 391,22865,54410,81110,74610,74611,72810,65811,38111,39438,93320,61121,27218,85717,064
17 ------------01,161
170/4 ------------01,161
42/48 391,22819,91610,81110,74610,74611,72810,65811,38111,39438,93320,61121,27218,85715,903
42 ----------0621,1616,076
43 ----014122,2953261,5242,3351,0223,989-
430/8 ----014122,2953261,5242,3351,0223,989-
44 209,6598,910--096802,63910,79124,6945,23112,8284,3232,900
440/4 209,6598,910--096802,63910,79124,6945,23112,8284,3232,900
46 178,744-------04,598----
45 2,8255,417-----02788,11613,0457,3609,3856,927
450/3 9175,417-----0-1,9748,4306,2908,0326,815
454/9 1,908------02786,1434,6151,0701,352112
47/48 -5,58910,81110,74610,74610,74610,6466,446--00--
492/3 -45,628------------
Income statement
70 ----------155,604--204,758
76A ------2,652-0-----
9900 52,59113,167--06-1,656-4916,53233,46037,18331,37825,23142,287
60/61 ----------118,422--162,471
62 10,342111-----85314,96044,09139,34427,10015,02813,054
630 833-------01,4264,34913,35515,04915,246
631/4 13,932-------------
640/8 1,081-----13-86320414396129674
66A --------2,789-----
9901 26,40213,056--06-1,669-1,343-8,514-12,377-6,925-9,474-4,97613,314
75/76B 624-------7991,7732,1652,8212,077992
75 624-------7991,7732,1652,8212,077992
65/66B 17334--511082613469522,5363,1892,4934,2551,943
65 17334--511082613469522,5363,1892,4934,2551,943
9903 26,85413,023---51-102722-1,689-11,456-13,140-7,949-9,147-7,15312,363
67/77 -----------2,581--
9904 26,85413,023---51-102722-1,689-11,456-13,140-7,949-11,727-7,15312,363
9905 26,85413,023---51-102722-1,689-11,456-13,140-7,949-11,727-7,15312,363
Appropriation of the result
9906 -1,792-28,646-41,669-41,669-41,669-41,617-41,516-42,238-40,549-29,093-15,952-8,0033,72410,877
Social balance sheet
9087 1--------1.51.30.50.50.5
Hours worked1013 645--------2,6752,4091,0131,013895
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 8 older financial years (1998-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2019 (PDF), filed on 19-05-2021.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2019 annual accounts filed 292 days after the deadline. Filed on 19 May 2021, deadline 31 July 2020 (7 months after the close on 31 December 2019, Companies Code art. 3:10). Source: NBB, 2021-14700449.

Financial year Type Filed Reference Document
31-12-2019 micro format 19-05-2021 2021-14700449 PDF
31-12-2018 micro format 19-05-2021 2021-14700499 PDF
31-12-2017 full format 19-05-2021 2021-14700415 PDF
31-12-2016 full format 19-05-2021 2021-14700411 PDF
31-12-2015 full format 31-08-2016 2016-59000129 PDF
31-12-2014 full format 19-08-2015 2015-45400580 PDF
31-12-2013 full format 28-08-2014 2014-49600043 PDF
31-12-2012 full format 26-08-2013 2013-47000531 PDF
31-12-2011 full format 31-08-2012 2012-51700113 PDF
31-12-2010 full format 24-08-2011 2011-44100397 PDF
31-12-2009 full format 24-08-2010 2010-44600279 PDF
31-12-2008 full format 30-08-2009 2009-72500178 PDF
31-12-2007 full format 27-08-2008 2008-64500162 PDF
31-12-2006 full format 30-08-2007 2007-67400270 PDF
31-12-2005 full format 09-08-2006 2006-61804597 PDF
31-12-2004 full format 30-09-2005 2005-77104548 PDF
31-12-2003 full format 20-10-2004 2004-74301988 PDF
31-12-2002 full format 02-09-2003 2003-64304695 PDF
31-12-2001 full format 29-11-2002 2002-74402692 PDF
31-12-2000 full format 30-08-2001 2001-52804680 PDF
31-12-1999 full format 03-08-2000 2000-49702948 PDF
31-12-1998 full format 08-06-2000 2000-19601009 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20192018201720162015201420132012201120102009200820072006
27,236--------8,514-10,951-2,5763,88110,07328,560
27,687--------11,456-11,714-3,6001,6287,89627,608
2,8881,702--000001,5691,3851,1031,0561,522
2,335---00---1,092948-468-1,7341,384-
24,77945,608-10,682-10,682-10,682-10,631-10,529-11,251-9,562-89512,38817,37316,82311,145
-----------4.5%--6.5%
6.9%3.4%-------4.6%42.2%51.9%64.8%71.0%
1.063.29-------0.981.601.821.891.70
13.4028.00-------20.561.370.930.540.41
92.0%556.3%--------693.8%-52.9%-51.0%-20.6%29.5%
6.4%19.2%--------32.2%-22.3%-26.5%-13.4%21.0%
----------12 days--1 day
----------16 days--7 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on LOWCOST CONSTRUCT

The operating result for 2019 is 102% higher than in 2018 and the highest since 2006.

Debt's share of the balance-sheet total falls from 96.6% to 93.1%. Equity and debt are higher.

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