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LS IMMO

In bankruptcy Private limited company (pre-2019)founded 2009Rue Grand Ry 407, 4870 TroozKBO/BCE: BE 0809.038.891
LS IMMO
Follow Report

Overview

Information for creditors

Enterprise Court of Liège, Liège division · Official Gazette of 09-06-2023
Appeal or third-party opposition 24-06-2023Filing the claim in RegSol 05-07-2023First verification report 20-07-2023Late claim 05-06-2024

Trustee: Geoffrey Saive. 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

13 annual accounts with figures on one time axis
peak €262,756 (2012)
€26,838▼ 61.6%
lowest -€113,932 (2015)
€22,538▼ 53.0%
peak €220,806 (2012)
€88,831▲ 34.0%
€757,603▲ 3.4%
Board2 names since 2009
2 directorsLAINERI RICARDO and 1 other
Documentsfilings and deeds
19-08-202219 days late
2021financial year
Gross margin from €69,917 to €26,838Result from €47,912 to €22,538Equity from €66,293 to €88,831Cash from €45,903 to €31,392

Key points

from the 2021 annual accounts, the last ones filed

Equity

€88,831 from €220,806 in 2012

Equity fell by 60% in 9 years.

Debts

€757,603 90% of the balance sheet
Financial debts 70%Suppliers 5%Taxes and wages 0%Other 24%

Of this, €227,603 falls due within a year.

Filings

13 annual accounts since 2009
AprilJune31 JulyOctober201020152020

Nine of the last ten came late. The 2019 accounts came latest: 89 days after the end of the period.

No score

Board and ownership

LR
LAINERI RICARDO
Director, since 06-01-2009
SR
SPODAREK ROBERT
Director, since 06-01-2009
Board & ownership

Recent changes

Bankruptcy published Enterprise Court of Liège, Liège division · judgment of 05-06-2023 · Bankruptcy
First establishment Rue Grand Ry 407, Trooz
Incorporation 4 publications in the Belgian Official Gazette, the last on 17-02-2012 · published on 22-01-2009 · Gazette deed
All 25 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 05-06-2023
Activity
Development of residential building projectsNACE 68121and 2 others
Establishment unit
2.209.622.7824870 Trooz, since 31-05-2012
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2021

€26,838▼ 61.6%
≈ €73,000estimated
€22,538▼ 53.0%
€88,831▲ 34.0%
€846,434▲ 5.9%
Filing
Filed on 19-08-2022
Financials

Insights on LS IMMO

Equity fell from €220,806 in 2012 to €88,831 in 2021, while debts rose from €62,633 to €757,603.

On 5 June 2023 the court declared LS IMMO bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2021

full format, filed on 19-08-2022, 19 days late
€26,838
▼ 61.6%
€22,397
▼ 65.4%
€22,538
▼ 53.0%
€517,697
▲ 5.3%
10.5%
▲ 2.2 percentage points
3.27
▼ 0.15

The turnover shown is an estimate from the gross margin.

Turnover ≈ €73,000. Estimated: probably between €40,000 and €150,000.

Balance sheet

balance sheet total €846,434 on 31-12-2021
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

10.5%

Higher than 29% of 4,331 companies in 2021.

3.27

Higher than 74% of 4,187 companies in 2021.

2.7%

Higher than 63% of 4,321 companies in 2021.

LS IMMO Middle half of the sector 80% of the sector Full accounts in real estate (NACE 68)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2021202020192018201720162015201420132012201120102009
Balance sheet: assets
20/58 846,434799,036606,083507,032141,77253,509548,219710,723330,640283,439447,868401,04396,012
20 ---------162338500662
21/28 101,134104,790107,246111,198115,150-80,131137,784161,603116,518479694909
22/27 99,934103,590107,246111,198115,150-80,131137,784161,603116,356141194247
22 99,934103,590107,246110,902114,560-80,13185,62091,10993,453---
24 ---296590--52,16470,49422,903141194247
28 1,2001,200-----------
29/58 745,300694,246498,837395,83426,62253,509468,088572,939169,037166,921447,389400,34995,103
3 331,740534,432474,667374,222591-399,881503,759151,875-410,231348,17171,220
30/36 331,740534,432474,667374,222591-399,881503,759151,875-410,231348,17171,220
40/41 382,058113,3902,3011,1741,21754138,70431112,7159,01074598121
40 378,037107,283672---38,409-10,6306,908---
41 4,0216,1071,6291,1741,2175412953112,0852,10274598121
54/58 31,39245,90321,34920,33224,68552,76528,58168,8692,431157,12337,08450,93723,733
490/1 110521520106129203922-2,016788-64329
Balance sheet: equity and liabilities
10/49 846,434799,036606,083507,032141,77253,509548,219710,723330,640283,439447,868401,04396,012
10/15 88,83166,29318,38165,245107,63624,757-49,03264,900152,003220,806-7,966-3,0998,651
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
10 18,600------------
100 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
13 1,8601,8601,8601,8601,8601,8601,86071,860136,860201,860---
130/1 1,8601,860-----------
130 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,860---
132 -------70,000135,000200,000---
14 68,37145,833-2,07944,78587,1764,297-69,492-25,560-3,457346-26,566-21,699-9,949
17/49 757,603732,743587,702441,78734,13628,752597,251645,823178,63762,633455,834404,14287,361
17 530,000530,000530,000336,5702322,8465,224398,46661,755----
170/4 530,000530,000530,000336,5702322,8465,224398,46661,755----
42/48 227,603202,74357,702105,21733,90425,906591,332247,357116,59662,633455,834404,14287,361
42 ---2322,6152,378420,16390,78115,871----
43 ------9,66549,99965,278636336,000375,0006,181
430/8 ------9,66549,99965,278636336,000375,0006,181
44 41,08240,91020,23865,39811,3609,49637,47372,70511,1861,99420,2305,698152
440/4 41,08240,91020,23865,39811,3609,49637,47372,70511,1861,99420,2305,698152
46 153,151123,916-----------
45 2,12011,19610,39010,67110,6331,55698,7702,9982,21538,99813,592--
450/3 2,12011,19610,39010,67110,6331,55698,7702,9982,21538,99813,592--
47/48 31,25026,72127,07428,9169,29612,47625,26130,87422,04621,00586,01223,44481,028
492/3 ------695-286----
Income statement
76A ----6656,279--1,832----
9900 26,83869,917-32,279-31,596-20,13134,168-7,293-46,740-17,821262,75623,332-5,816-7,766
60/61 -----475,062------7,766
630 3,6563,6563,9523,9523,952-6,02023,81923,83716,237215215166
640/8 7851,5701,5162,3171,6482,7411,6653,63723,448-510483260
66A ------5,972------
9901 22,39764,691-37,747-37,865-25,73131,427-14,978-74,196-65,106246,51922,607-6,514-8,192
75/76B 7544837616857,286265123507629220415-
75 75448376121,007265123507629220415-
76B ----6656,279-------
65/66B 9,01110,6759,4934,52759714,86615,51112,6984,82517,13727,7545,5911,757
65 9,01110,6759,4934,52759714,86615,51112,6984,82517,13727,7545,5911,757
9903 13,46154,464-46,864-42,391-26,26073,847-36,196-86,771-67,592230,011-4,927-11,690-9,949
67/77 -9,0776,552---5877,7363321,04810,839-6060-
9904 22,53847,912-46,864-42,391-26,26073,789-113,932-87,103-68,640219,172-4,867-11,750-9,949
789 ------70,000------
689 ---------200,000---
9905 22,53847,912-46,864-42,391-26,26073,789-43,932-87,103-68,64019,172-4,867-11,750-9,949
Appropriation of the result
9906 68,37145,833-2,07944,78587,1764,297-69,492-90,560-68,4572,206-26,566-21,699-9,949
14P 45,833------------
791/2 -------65,00065,000----
691/2 ---------1,860---
6920 ---------1,860---
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2021 (PDF), filed on 19-08-2022.

Download as CSV

Filings

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

2021 annual accounts filed 19 days after the deadline. Filed on 19 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20303322.

Financial year Type Filed Reference Document
31-12-2021 full format 19-08-2022 2022-20303322 PDF
31-12-2020 full format 30-08-2021 2021-60400464 PDF
31-12-2019 full format 28-10-2020 2020-64000137 PDF
31-12-2018 full format 28-08-2019 2019-53100339 PDF
31-12-2017 full format 01-08-2018 2018-41900499 PDF
31-12-2016 full format 21-08-2017 2017-46500335 PDF
31-12-2015 full format 19-08-2016 2016-44100121 PDF
31-12-2014 full format 25-08-2015 2015-46400211 PDF
31-12-2013 full format 15-07-2014 2014-31200535 PDF
31-12-2012 full format 31-08-2013 2013-56100450 PDF
31-12-2011 full format 29-08-2012 2012-47600519 PDF
31-12-2010 full format 25-07-2011 2011-34000396 PDF
31-12-2009 full format 23-06-2010 2010-21600394 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2021202020192018201720162015201420132012201120102009
26,05368,347-33,795-33,913-21,779--8,958-50,377-41,269262,75622,822-6,299-8,026
26,19451,568-42,912-38,439-22,308--107,912-63,284-44,803235,409-4,652-11,535-9,783
01,20000886--51,633045,247132,2761410264
-14,51124,5541,017-4,353-28,08024,184-40,28866,438-154,692120,039-13,85327,204-
517,697491,503441,135290,617-7,28227,603-123,244325,58252,441104,288-8,445-3,7937,742
10.5%8.3%3.0%12.9%75.9%46.3%-8.9%9.1%46.0%77.9%-1.8%-0.8%9.0%
3.273.428.653.760.792.070.792.321.452.670.980.991.09
1.820.790.420.210.772.070.120.280.152.670.080.130.27
8.5311.0531.976.770.321.16-9.951.180.28--10.10
25.4%72.3%-255.0%-65.0%-24.4%298.1%--134.2%-45.2%99.3%---115.0%
2.7%6.0%-7.7%-8.4%-18.5%137.9%-20.8%-12.3%-20.8%77.3%-1.1%-2.9%-10.4%
2.89------------
-----7 days------7 days

EBIT margin: not included in this filing.

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 LS IMMO

The operating result for 2021 is 65% lower than in 2020.

Debt's share of the balance-sheet total falls from 91.7% to 89.5%. Equity and debt are higher.

Board & ownership

Curator

the curator has managed the company since 05-06-2023
Geoffrey Saive
Curator, Rue Joseph Wauters 53, 4800 Verviers
Also on 75 other cases

Last board

2 directors
LAINERI RICARDO
Director
since 06-01-2009
listed in the 2021 annual accounts, filed on 19-08-2022
SPODAREK ROBERT
Director
since 06-01-2009
listed in the 2021 annual accounts, filed on 19-08-2022

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
LAINERI RICARDO
Director
SPODAREK ROBERT
Director
BoardBankruptcy 05-06-2023
Mandates as a list
  • LAINERI RICARDO
    • Director, from 06-01-2009, until the bankruptcy of 05-06-2023
  • SPODAREK ROBERT
    • Director, from 06-01-2009, until the bankruptcy of 05-06-2023

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€18,600
Source
2021 annual accounts

Network & group

No group

LS IMMO has no parent and no holdings in its annual accounts. LS IMMO shares no director with another company.

At the same address

Rue Grand Ry 407, 4870 Trooz · 4 other companies
IMMOLIVY
establishment since 10-07-2017 · founded in 2013 · negative equity (2025)
 total assets €1.5m (2025)
0541.952.658
WINCONCEPT
registered office since 27-11-2013 · founded in 2013 · negative equity (2025)
 total assets €26,360 (2025)
0541.746.483
SPOCONCEPT
registered office since 21-12-2022 · founded in 2022 · negative equity (2025)
 total assets €5,463 (2025)
0795.197.684
IMMO WIN
registered office since 10-09-2017
 founded in 2017
0681.818.839

Timeline

Timeline

25 events since 2009
2023
Bankruptcy published Enterprise Court of Liège, Liège division · judgment of 05-06-2023
2022
Annual accounts 2021 filed PDFfull format · 19 days late
2021
Annual accounts 2020 filed PDFfull format · 30 days late
2020
Back to profit net €47,912 The net result is €47,912, after 3 loss-making years.
Annual accounts 2019 filed PDFfull format · 89 days late
2019
Liquidity more than doubled current ratio 8.65 The current ratio rises from 3.76 to 8.65. Short-term debt falls from €105,217 to €57,702.
Annual accounts 2018 filed PDFfull format · 28 days late
2018
Liquidity more than quadruples current ratio 3.76 The current ratio rises from 0.79 to 3.76.
Annual accounts 2017 filed PDFfull format · 1 day late
2017
Annual accounts 2016 filed PDFfull format · 21 days late
2016
Back to profit net €73,789 The net result is €73,789, after 3 loss-making years.
Liquidity more than doubled current ratio 2.07 The current ratio rises from 0.79 to 2.07. Short-term debt falls from €591,332 to €25,906.
Annual accounts 2015 filed PDFfull format · 19 days late
2015
Weakest financial year net -€113,932 The net result drops to -€113,932, the lowest from 2009 to 2021.
Annual accounts 2014 filed PDFfull format · 25 days late
2014
Annual accounts 2013 filed PDFfull format · 16 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 31 days late
2012
Back to profit net €219,172 The net result is €219,172, after 3 loss-making years.
Liquidity more than doubled current ratio 2.67 The current ratio rises from 0.98 to 2.67. Short-term debt falls from €455,834 to €62,633.
Equity above €200,000 equity €220,806 Equity rises from -€7,966 to €220,806.
Annual accounts 2011 filed PDFfull format · 29 days late
First establishment Rue Grand Ry 407, Trooz
2011
Annual accounts 2010 filed PDFfull format · 6 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 38 days before the deadline
2009
Incorporation PDF4 publications in the Belgian Official Gazette, the last on 17-02-2012 · published on 22-01-2009

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 13 January 2009, LS IMMO was incorporated.1 Total assets went from €507,032 in 2018 to €846,434 in 2021.2 The company was declared bankrupt on 5 June 2023.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian Official Gazette, 09-06-2023

Company details

Identity

Enterprise number
0809.038.891
VAT number
BE 0809.038.891
Legal form
Private limited company (pre-2019)
Status
In bankruptcy, since 05-06-2023
Founded
13-01-2009
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
LS IMMO in French
Entity type
Legal entity

Activities

NACEBEL 2025
68121 Development of residential building projects main activity
68110 Buying and selling of own real estate
68122 Development of non-residential building projects
Codes under NACEBEL 2008
41101 Real estate development main activity
41102 Construction of residential and non-residential buildings
68100 Real estate activities

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue Grand Ry 407 registered office 4870 Trooz 31-05-2012 2.209.622.782

Buildings and parcels at the address

Ground area
1,695 m²
Buildings
183 m²
Volume, LiDAR
1,213 m³
Tallest building
9.3 m
Buildings to scale, each on its own parcel
183 m², 9.3 m 183 m², 9.3 m

Location

registered office establishment The establishment unit on the map
5 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
62041B0221/00W0021,695 m² 1 · 183 m² 9.3 m · 2

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