LS Old co
A bankruptcy procedure is open for LS Old co according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisations. The 2020 annual accounts show equity of €1.59M and a net result of €-3.07M.
| Equity | €1.59M |
| Net result | €-3.07M |
| Staff (FTE) | 48.8 |
| Better than sector | 39% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 24.2% | 40.0% | |
| Net result | €1.24M | €45k | |
| Equity | €1.59M | €849k | |
| Total assets | €6.56M | €3.75M |
Show 13 other metrics
| Fiscal year | 2020 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €664k |
| Net profit | €-3.07M |
| Cash flow | €-2.53M |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €6.56M |
| Equity | €1.59M |
| Debt | €4.76M |
| of which ≤ 1y | €3.72M |
| of which > 1y | €850k |
| Working capital | €33k |
| Employees (FTE) | 48.8 |
| 2020 | |
|---|---|
| Current ratio | 1.01 |
| Quick ratio | 0.81 |
| Working capital ratio | 0.5% |
| Solvency | 24.2% |
| Debt / equity | 0.53 |
| Long-term debt ratio | 0.53 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -46.7% |
| ROE | -193.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (26 line items)
| Line item | Code | 2020 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €6.56M |
| Fixed assets | 21/28 | €2.80M |
| Intangible fixed assets | 21 | €528k |
| Tangible fixed assets | 22/27 | €1.96M |
| Financial fixed assets | 28 | €317k |
| Current assets | 29/58 | €3.76M |
| Stocks & contracts in progress | 3 | €746k |
| Amounts receivable within one year | 40/41 | €2.12M |
| Cash & bank | 54/58 | €872k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6.56M |
| Equity | 10/15 | €1.59M |
| Contributions / capital | 10/11 | €3.78M |
| Reserves | 13 | €42k |
| Accumulated profits (losses) | 14 | €-3.07M |
| Provisions & deferred taxes | 16 | €209k |
| Amounts payable | 17/49 | €4.76M |
| Amounts payable after one year | 17 | €850k |
| Amounts payable within one year | 42/48 | €3.72M |
| Trade debts payable within one year | 44 | €2.54M |
| Income statement | ||
| Gross operating margin | 9900 | €3.63M |
| Operating result | 9901 | €122k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €292k |
| Result before taxes | 9903 | €1.24M |
| Net result for the period | 9904 | €1.24M |
| Result to be appropriated | 9905 | €1.24M |
Historic, not recently confirmed (6)
-
MandorDirectorState Gazette act 17129715 (12-09-2017)Not recently confirmedlast confirmed in an act from 2017
-
Life Sciences Consulting bvbaLegal entityPersoon belast met het dagelijks bestuurState Gazette act 17065889 (10-05-2017)Not recently confirmedlast confirmed in an act from 2017
-
Luc De ReuPersoon belast met het dagelijks bestuurState Gazette act 16075936 (02-06-2016)Not recently confirmedlast confirmed in an act from 2016
-
BJ International bvbaLegal entityDirectorState Gazette act 16036344 (10-03-2016)Not recently confirmedlast confirmed in an act from 2016
3 events
- 10-03-2016 Appointed· Director
- 10-03-2016 Resigned· Managing director
- 02-01-2009 Appointed· Managing director
-
Bruxx bvbaLegal entityPersoon belast met het dagelijks bestuurState Gazette act 16036344 (10-03-2016)Not recently confirmedlast confirmed in an act from 2016
-
Marie DelbekeVaste vertegenwoordiger bestuurderState Gazette act 15182877 (31-12-2015)Not recently confirmedlast confirmed in an act from 2015
Permanent representatives (2)
-
David LeraertsVaste vertegenwoordigerState Gazette act 17040297 (16-03-2017)Permanent representative16-03-2017 → present
-
Delbeke MarieVaste vertegenwoordigerState Gazette act 20074402 (02-07-2020)Permanent representative- → 02-07-2020
Former directors (7)
-
Life Sciences Consulting BVLegal entityDirectorState Gazette act 21072488 (18-06-2021)Former- → 18-06-2021
-
Motmans KrisVast vertegenwoordigerState Gazette act 21072488 (18-06-2021)Former- → 18-06-2021
-
Borré RoaldDirectorState Gazette act 20074402 (02-07-2020)Former- → 02-07-2020
-
Joseph DumortierDirectorState Gazette act 17129715 (12-09-2017)Former- → 12-09-2017
-
Luc De Reu ConsultancyPersoon belast met het dagelijks bestuurState Gazette act 17065889 (10-05-2017)Former- → 10-05-2017
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| BDO Bedrijfsrevisoren Statutory auditor |
- | 16-03-2017 → 16-03-2017 |
Show 1 earlier auditors
| David Lenaerts Statutory auditor succeeded by BDO Bedrijfsrevisoren in 2017 |
- | 22-01-2015 → 16-03-2017 |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | KJELL SWARTELE ANSELMOSTRAAT 2,
2018 ANTWERPEN 1 |
24-03-2022 → present | Belgian State Gazette |
| NACE primary | Vervaardiging van andere chemische producten, neg(20590) |
| Legal form | Public limited company(014) |
| Incorporation | 30-08-1973 |
| Status | Active |
| Postal code | 2610 |
| First BS signal | 31-07-2020 |
| Latest BS signal | 30-03-2022 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0173/00X000 | Flanders | 4,076 m² | 1 · 2,454 m² | - |
| 11463D0173/00H000 | Flanders | 3,869 m² | 1 · 2,472 m² | 11.8 m · 2 fl. |
| 11463D0431/00P000 | Flanders | 2,545 m² | 1 · 1,867 m² | 7.9 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 2 further earlier events in this file, covering 28-07-2020 to 24-03-2022.
We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
10-03-2022 Articles of association amended
Technical details
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}18-06-2021 2 resigning
- Life Sciences Consulting BV, Bestuurder
- Motmans Kris, Vast vertegenwoordiger
Technical details
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}02-07-2020 2 resigning
- Borré Roald, Bestuurder
- Delbeke Marie, Vaste vertegenwoordiger
Technical details
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}23-04-2019 Change in the board of directors
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}04-02-2019 Capital increase of €470,550.78 to €3,782,858.38
- €3.312.307,60 → €3.782.858,38
- Inbreng in natura · Apport en nature
Technical details
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}25-07-2018 Publication in the Belgian Official Gazette, Minor change
Technical details
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"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2018-06-28",
"unanimous": true
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"agm_change": {
"new_schedule": "de eerste dinsdag van de maand mei om veertien uur (14:00)",
"old_schedule": "onbekend (vermoedelijk eind mei of eerste dinsdag van mei, maar niet expliciet vermeld)",
"effective_from_year": 2019,
"rule_changes_summary": "De datum van de gewone algemene vergadering wordt gewijzigd naar de eerste dinsdag van mei om 14:00. De statuten worden aangepast om dit vast te leggen."
},
"detected_kind": "agm_rescheduling",
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"purpose": "statutaire_zetel",
"address_new": "Fotografielaan 42, 2610 Wilrijk",
"address_old": "Fotografielaan 42, 2610 Wilrijk",
"effective_date": "2018-07-25",
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"new_start_mm_dd": "01-01",
"old_start_mm_dd": "07-01",
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"transition_period_end": "2018-12-31"
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"liquidation_closure": {
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"special_procuration": {
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"scope_summary": null,
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"substitution_allowed": false
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"is_volet_a_only_stub": false,
"vakbekwaamheid_change": {
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"effective_date": null,
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"should_reroute_to_category": null,
"single_shareholder_declaration": null
}12-09-2017 1 director appointed, 1 resigning
- Mandor, Bestuurder
- Joseph Dumortier, Bestuurder
Technical details
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}10-05-2017 1 director appointed, 1 resigning
- Life Sciences Consulting bvba, Persoon belast met het dagelijks bestuur
- Luc De Reu Consultancy, Persoon belast met het dagelijks bestuur
Technical details
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}19-04-2017 Articles of association amended
Technical details
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}16-03-2017 2 directors appointed
- BDO Bedrijfsrevisoren, Commissaris
- David Leraerts, Vaste vertegenwoordiger
Technical details
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}02-06-2016 1 director appointed, 1 resigning
- Luc De Reu, Persoon belast met het dagelijks bestuur
- Bruno Van Den Branden, Persoon belast met het dagelijks bestuur
Technical details
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}10-03-2016 2 directors appointed, 1 resigning
- Bruxx bvba, Persoon belast met het dagelijks bestuur
- BJ International bvba, Bestuurder
- BJ International bvba, Gedelegeerd bestuurder
Technical details
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}31-12-2015 1 director appointed, 1 resigning
- Marie Delbeke, Vaste vertegenwoordiger bestuurder
- Karolien Vanstraelen, Vaste vertegenwoordiger bestuurder
Technical details
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}22-01-2015 David Lenaerts appointed as statutory auditor
- David Lenaerts, Commissaris
Technical details
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}02-01-2009 BJ International BVBA appointed as managing director
- BJ International BVBA, Gedelegeerd bestuurder
Technical details
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}| Legal nameNL | LS Old co |