LS IMMO
BankruptcySummary
The KBO register records for LS IMMO the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €88,831 and a net result of €22,538.
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. Full guide for creditors
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 19-08-2022, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
19 d late
2020
30 d late
2019
89 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 46 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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 Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Development of residential building projects sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€22,538▼ 53.0%
2020 · €47,912
Working capital
€517,697▲ 5.3%
2020 · €491,503
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
Line2018201920202021
Operating result-€37,865--€37,747▲ 0.3%€64,691€22,397▼ 65.4%
Net result-€42,391--€46,864▼ 10.6%€47,912€22,538▼ 53.0%
Equity€65,245-€18,381▼ 71.8%€66,293▲ 261%€88,831▲ 34.0%
Total assets€507,032-€606,083▲ 19.5%€799,036▲ 31.8%€846,434▲ 5.9%
Debt€441,787-€587,702▲ 33.0%€732,743▲ 24.7%€757,603▲ 3.4%
Working capital€290,617-€441,135▲ 51.8%€491,503▲ 11.4%€517,697▲ 5.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 65% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €846,434
Fixed assets
€101,134 ▼ 3.5%
Current assets
€745,300 ▲ 7.4%
Equity and liabilities €846,434
Equity
€88,831 ▲ 34.0%
Debt
€757,603 ▲ 3.4%
Debt's share of the balance-sheet total falls from 91.7% to 89.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26,053▼
2020 · €68,347
Cash flow
€26,194▼
2020 · €51,568
Current ratio
3.27▼
2020 · 3.42
Quick ratio
1.82▲
2020 · 0.79
Debt to equity
8.53▲
2020 · 7.99
ROE
25.4%▼
2020 · 72.3%
ROA
2.7%▼
2020 · 6.0%
Interest coverage
2.89
Debt ≤ 1 year
€227,603▲
2020 · €202,743
Debt > 1 year
€530,000=
2020 · €530,000
Income taxes
-€9,077▼
2020 · €6,552
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,952 | €3,952 | €3,656 | €3,656 | = |
| Other operating charges640/8 | - | - | - | €785 | - |
| Gross operating margin9900 | -€31,596 | -€32,279 | €69,917 | €26,838 | ▼ 61.6% |
| Operating profit (loss)9901 | -€37,865 | -€37,747 | €64,691 | €22,397 | ▼ 65.4% |
| Financial income75/76B | - | - | - | €75 | - |
| Recurring financial income75 | €1 | €376 | €448 | €75 | ▼ 83.3% |
| Financial charges65/66B | - | - | - | €9,011 | - |
| Recurring financial charges65 | €4,527 | €9,493 | €10,675 | €9,011 | ▼ 15.6% |
| Profit (loss) for the period before taxes9903 | -€42,391 | -€46,864 | €54,464 | €13,461 | ▼ 75.3% |
| Income taxes67/77 | - | - | €6,552 | -€9,077 | ▼ 239% |
| Profit (loss) for the period9904 | -€42,391 | -€46,864 | €47,912 | €22,538 | ▼ 53.0% |
| Profit (loss) for the period to be appropriated9905 | -€42,391 | -€46,864 | €47,912 | €22,538 | ▼ 53.0% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €507,032 | €606,083 | €799,036 | €846,434 | ▲ 5.9% |
| Fixed assets21/28 | €111,198 | €107,246 | €104,790 | €101,134 | ▼ 3.5% |
| Tangible fixed assets22/27 | €111,198 | €107,246 | €103,590 | €99,934 | ▼ 3.5% |
| Land and buildings22 | - | - | - | €99,934 | - |
| Financial fixed assets28 | - | - | €1,200 | €1,200 | = |
| Current assets29/58 | €395,834 | €498,837 | €694,246 | €745,300 | ▲ 7.4% |
| Stocks and contracts in progress3 | €374,222 | €474,667 | €534,432 | €331,740 | ▼ 37.9% |
| Stocks30/36 | - | - | - | €331,740 | - |
| Amounts receivable within one year40/41 | €1,174 | €2,301 | €113,390 | €382,058 | ▲ 237% |
| Trade receivables40 | - | - | - | €378,037 | - |
| Other amounts receivable41 | - | - | - | €4,021 | - |
| Cash at bank and in hand54/58 | €20,332 | €21,349 | €45,903 | €31,392 | ▼ 31.6% |
| Deferred charges and accrued income490/1 | - | - | - | €110 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €507,032 | €606,083 | €799,036 | €846,434 | ▲ 5.9% |
| Equity10/15 | €65,245 | €18,381 | €66,293 | €88,831 | ▲ 34.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | - |
| Issued capital100 | - | - | - | €18,600 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Legal reserve130 | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €44,785 | -€2,079 | €45,833 | €68,371 | ▲ 49.2% |
| Amounts payable17/49 | €441,787 | €587,702 | €732,743 | €757,603 | ▲ 3.4% |
| Amounts payable after more than one year17 | €336,570 | €530,000 | €530,000 | €530,000 | = |
| Financial debts170/4 | - | - | - | €530,000 | - |
| Amounts payable within one year42/48 | €105,217 | €57,702 | €202,743 | €227,603 | ▲ 12.3% |
| Trade debts44 | €65,398 | €20,238 | €40,910 | €41,082 | ▲ 0.4% |
| Suppliers440/4 | - | - | - | €41,082 | - |
| Advances received on contracts in progress46 | - | - | - | €153,151 | - |
| Taxes, remuneration and social security45 | - | - | - | €2,120 | - |
| Taxes450/3 | - | - | - | €2,120 | - |
| Other amounts payable47/48 | - | - | - | €31,250 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€42,391 | -€46,864 | €47,912 | €22,538 | ▼ 53.0% |
| + Depreciation and write-downs630 | €3,952 | €3,952 | €3,656 | €3,656 | = |
| Operating cash flow (approximation) | -€38,439 | -€42,912 | €51,568 | €26,194 | ▼ 49.2% |
| Investment in fixed assets (approximation) | - | €0 | -€1,200 | €0 | ▲ 100% |
| Change in cash | - | €1,017 | €24,554 | -€14,511 | ▼ 159% |
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
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Back to profitnet €47,912
Net result €47,912 after 2 loss-making years.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 89 days late
2019
31-12
Financial
Weakest financial yearnet -€46,864
Net result drops to -€46,864, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 8.65
Current ratio from 3.76 to 8.65; short-term debt falls from €105,217 to €57,702.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1 day late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 19 days late
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 25 days late
2014
15-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
31-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Trooz · 1 establishment unit since 2012
Ground area
1,695 m²
Building footprint
183 m²
Volume, LiDAR
1,213 m³
Parcel 62041B0221/00W002, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
LS IMMO
since 20122.209.622.782
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62041B0221/00W002 | Wallonia | 1,695 m² | 1 · 183 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 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 9,699 companies in sector 68121 we hold annual accounts for 7,384. 5,283 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 (pre-2019)
Founded13-01-2009
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.