LR TECHNICS
BankruptcySummary
The KBO register records for LR TECHNICS the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show negative equity (-€71,194) and a net result of -€68,589.
Are you a creditor?
Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
1 signal.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Installation of electric heating, air conditioning, cooling and ventilation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Turnover
€107,296▼ 60.7%
2022 · €273,334
EBIT margin
-51.9%▼ 48.7pp
2022 · -3.3%
Net result
-€68,589▼ 491%
2022 · -€11,597
Working capital
-€72,143▼ 56.0%
2022 · -€46,247
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202120222023
Turnover€63,635-€273,334▲ 330%€107,296▼ 60.7%
Operating result€5,984--€8,887-€55,703▼ 527%
Net result€3,992within the sector's middle half--€11,597below the sector's middle half-€68,589below the sector's middle half▼ 491%
EBIT margin9.4%--3.3%▼ 12.7pp-51.9%▼ 48.7pp
Equity€8,992below the sector's middle half--€2,605below the sector's middle half-€71,194below the sector's middle half▼ 2,633%
Total assets€110,770within the sector's middle half-€163,951within the sector's middle half▲ 48.0%€93,973within the sector's middle half▼ 42.7%
Debt€101,778-€166,556▲ 63.6%€165,167▼ 0.8%
Working capital-€15,956--€46,247▼ 190%-€72,143▼ 56.0%
Solvency8.1%below the sector's middle half--1.6%below the sector's middle half▼ 9.7pp-75.8%below the sector's middle half▼ 74.2pp
Staff (FTE)2.3
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €55,703 in 2023 against €8,887 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €93,973
Fixed assets
€74,940 ▼ 23.0%
Current assets
€19,033 ▼ 71.4%
Key figures and ratios
EBITDA
-€32,403▼
2022 · €5,456
Cash flow
-€45,289▼
2022 · €2,746
Current ratio
0.21▼
2022 · 0.59
Quick ratio
0.15▼
2022 · 0.24
Debt to equity
-2.32▲
2022 · -63.94
ROA
-73.0%▼
2022 · -7.1%
Interest coverage
-4.73▼
2022 · 2.15
Debt ≤ 1 year
€91,176▼
2022 · €112,911
Debt > 1 year
€73,959▲
2022 · €53,646
Staff costs
€556▼
2022 · €77,314
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Turnover70 | €63,635 | €273,334 | €107,296 | ▼ 60.7% |
| Goods, raw materials, services and sundry goods60/61 | €49,433 | €211,725 | €137,094 | ▼ 35.2% |
| Remuneration, social security and pensions62 | €2,310 | €77,314 | €556 | ▼ 99.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,908 | €14,343 | €23,300 | ▲ 62.4% |
| Other operating charges640/8 | - | €348 | €298 | ▼ 14.4% |
| Non-recurring operating charges66A | - | - | €2,677 | - |
| Gross operating margin9900 | €14,202 | €83,117 | -€28,872 | ▼ 135% |
| Operating profit (loss)9901 | €5,984 | -€8,887 | -€55,703 | ▼ 527% |
| Financial income75/76B | - | €1 | €164 | ▲ 14,782% |
| Recurring financial income75 | - | €1 | €0 | ▼ 97.0% |
| Non-recurring financial income76B | - | €0 | €164 | ▲ 163,570% |
| Financial charges65/66B | €1,223 | €2,711 | €13,050 | ▲ 381% |
| Recurring financial charges65 | €1,223 | €2,535 | €6,844 | ▲ 170% |
| Non-recurring financial charges66B | - | €176 | €6,205 | ▲ 3,426% |
| Profit (loss) for the period before taxes9903 | €4,761 | -€11,597 | -€68,589 | ▼ 491% |
| Income taxes67/77 | €769 | - | - | - |
| Profit (loss) for the period9904 | €3,992 | -€11,597 | -€68,589 | ▼ 491% |
| Profit (loss) for the period to be appropriated9905 | €3,992 | -€11,597 | -€68,589 | ▼ 491% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €110,770 | €163,951 | €93,973 | ▼ 42.7% |
| Fixed assets21/28 | €55,557 | €97,288 | €74,940 | ▼ 23.0% |
| Tangible fixed assets22/27 | €55,557 | €97,288 | €74,940 | ▼ 23.0% |
| Plant, machinery and equipment23 | €12,840 | €16,846 | €12,513 | ▼ 25.7% |
| Furniture and vehicles24 | - | €451 | €251 | ▼ 44.4% |
| Leasing and similar rights25 | €42,717 | €79,991 | €62,176 | ▼ 22.3% |
| Current assets29/58 | €55,213 | €66,663 | €19,033 | ▼ 71.4% |
| Stocks and contracts in progress3 | €26,750 | €39,085 | €5,000 | ▼ 87.2% |
| Stocks30/36 | €26,750 | €19,400 | €5,000 | ▼ 74.2% |
| Contracts in progress37 | - | €19,685 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €7,568 | €21,410 | €13,679 | ▼ 36.1% |
| Trade receivables40 | €4,494 | €21,410 | €13,679 | ▼ 36.1% |
| Other amounts receivable41 | €3,074 | €0 | - | - |
| Cash at bank and in hand54/58 | €7,028 | €5,815 | - | - |
| Deferred charges and accrued income490/1 | €13,867 | €354 | €354 | = |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €110,770 | €163,951 | €93,973 | ▼ 42.7% |
| Equity10/15 | €8,992 | -€2,605 | -€71,194 | ▼ 2,633% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €3,992 | -€7,605 | -€76,194 | ▼ 902% |
| Amounts payable17/49 | €101,778 | €166,556 | €165,167 | ▼ 0.8% |
| Amounts payable after more than one year17 | €30,609 | €53,646 | €73,959 | ▲ 37.9% |
| Financial debts170/4 | €30,609 | €53,646 | €73,959 | ▲ 37.9% |
| Amounts payable within one year42/48 | €71,169 | €112,911 | €91,176 | ▼ 19.2% |
| Current portion of amounts payable after more than one year42 | €9,675 | €19,022 | €31,967 | ▲ 68.1% |
| Financial debts43 | - | - | €631 | - |
| Credit institutions430/8 | - | - | €631 | - |
| Trade debts44 | €40,120 | €43,620 | €24,826 | ▼ 43.1% |
| Suppliers440/4 | €40,120 | €43,620 | €24,826 | ▼ 43.1% |
| Advances received on contracts in progress46 | - | €0 | - | - |
| Taxes, remuneration and social security45 | €0 | €17,050 | €10,728 | ▼ 37.1% |
| Taxes450/3 | - | €5,358 | €5,537 | ▲ 3.4% |
| Remuneration and social security454/9 | - | €11,693 | €5,191 | ▼ 55.6% |
| Other amounts payable47/48 | €21,374 | €33,218 | €23,024 | ▼ 30.7% |
| Accrued charges and deferred income492/3 | - | - | €33 | - |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,992 | -€11,597 | -€68,589 | ▼ 491% |
| + Depreciation and write-downs630 | €5,908 | €14,343 | €23,300 | ▲ 62.4% |
| Operating cash flow (approximation) | €9,900 | €2,746 | -€45,289 | ▼ 1,749% |
| Investment in fixed assets (approximation) | - | -€56,074 | -€952 | ▲ 98.3% |
| Change in cash | - | -€1,213 | - | - |
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
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 314 days late
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 679 days late
2023
31-12
Financial
Weakest financial yearnet -€68,589
Net result drops to -€68,589, the lowest in the series.
2022
26-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 148 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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
Registered office, Grâce-Hollogne · 1 establishment unit since 2021
Ground area
1,877 m²
Parcel 62105B0068/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
LR TECHNICS
since 20212.318.929.609
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62105B0068/00L000indicative | Wallonia | 1,877 m² | - | - |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,536 companies in sector 43222 we hold annual accounts for 5,667. 2,375 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.