LOZAN
InactiveLOZAN was declared bankrupt on 07-03-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 16-05-2023, published in the Belgian State Gazette on 24-05-2023.
Summary
Inactive; last annual accounts for fiscal year 2019.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline30-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 05-01-2021, 158 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
158 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2019 accounts 158 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 2019, micro schema
Equity
-€4,902
2018 · €6,906
Total assets
€11,478▲ 27.7%
2018 · €8,986
Net result
-€20,808
2018 · €706
Working capital
-€10,902
2018 · €906
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019
Operating result€1,012--€20,644
Net result€706--€20,808
Equity€6,906--€4,902
Total assets€8,986-€11,478▲ 27.7%
Debt€2,080-€16,380▲ 687%
Working capital€906--€10,902
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2019: a loss of €20,644 after €1,012 in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €11,478
Fixed assets
€6,000 =
Current assets
€5,478 ▲ 83.5%
Key figures and ratios
Solvency
-42.7%▼
2018 · 76.9%
Current ratio
0.33▼
2018 · 1.44
ROA
-181.3%▼
2018 · 7.9%
Debt ≤ 1 year
€16,380▲
2018 · €2,080
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Gross operating margin9900 | €1,359 | -€6,866 | ▼ 605% |
| Operating profit (loss)9901 | €1,012 | -€20,644 | ▼ 2,140% |
| Recurring financial charges65 | €65 | €164 | ▲ 150% |
| Profit (loss) for the period before taxes9903 | €946 | -€20,808 | ▼ 2,299% |
| Income taxes67/77 | €241 | - | - |
| Profit (loss) for the period9904 | €706 | -€20,808 | ▼ 3,048% |
| Profit (loss) for the period to be appropriated9905 | €706 | -€20,808 | ▼ 3,048% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €8,986 | €11,478 | ▲ 27.7% |
| Fixed assets21/28 | €6,000 | €6,000 | = |
| Financial fixed assets28 | €6,000 | €6,000 | = |
| Current assets29/58 | €2,986 | €5,478 | ▲ 83.5% |
| Amounts receivable within one year40/41 | €2,902 | €2,949 | ▲ 1.6% |
| Cash at bank and in hand54/58 | €84 | €2,530 | ▲ 2,897% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €8,986 | €11,478 | ▲ 27.7% |
| Equity10/15 | €6,906 | -€4,902 | ▼ 171% |
| Contributions10/11 | €6,200 | €15,200 | ▲ 145% |
| Reserves13 | €35 | €35 | = |
| Profit (loss) carried forward14 | €670 | -€20,137 | ▼ 3,104% |
| Amounts payable17/49 | €2,080 | €16,380 | ▲ 687% |
| Amounts payable within one year42/48 | €2,080 | €16,380 | ▲ 687% |
| Trade debts44 | - | €2,023 | - |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €706 | -€20,808 | ▼ 3,048% |
| Operating cash flow (approximation) | €706 | -€20,808 | ▼ 3,048% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €2,445 | - |
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
2023
24-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 16-05-2023
2022
11-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 07-03-2022
2021
05-01
Bankruptcy
Judicial dissolution, liquidator appointed
Tribunal de l’entreprise du Hainaut, division Charleroi · event 28-12-2020
05-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 158 days late
05-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 524 days late
SignalNBB filing
0 of 9 acts read
About the unread acts
We know of 9 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
9 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 | Lise HEILPORN CHAUSSEE DE LA HULPE 150,
1170 WATERMAEL-BOITSFORT |
07-03-2022 → 16-05-2023 |