Liquidity
2.28 was 1.32 in 2019
Short-term debts fell from €36,240 to €34,893.
LSB CONSTRUCT
Overview
Lifetime
6 annual accounts with figures on one time axispeak €126,984 (2020)
€126,984▲ 432%
lowest -€14,626 (2019)
€28,316▲ €42,942
peak €58,807 (2020)
€58,807▲ 92.9%
€34,893▼ 3.7%
peak 1 FTE (2016)
-not published
Board1 name since 2021
-
Documentsfilings and deeds
30-09-202161 days late
2020micro format
Gross margin from €23,874 to €126,984Back to profit: €28,316Equity from €30,491 to €58,807Cash from €26,013 to €15,139
Key points
from the 2020 annual accounts, the last ones filedFilings
6 annual accounts 5 late
The 2019 accounts came latest: 224 days after the end of the period.
No score
Recent changes
Bankruptcy closure (insufficient assets)
Enterprise Court of Hainaut, Mons division · judgment of 09-07-2024 · Bankruptcy
Bankruptcy published
Enterprise Court of Hainaut, Mons division · judgment of 16-08-2022 · Bankruptcy
Change of role: JAILLOT Laurent, from manager to managing director and permanent representative
Legal-form conversion: to private limited company · General meeting of 25-06-2021 · Gazette deed
Incorporation
3 publications in the Belgian Official Gazette, the last on 30-06-2021 · Gazette deed
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 07-04-2015 · bankruptcy closed on 09-07-2024
- Activity
- “Toutes transactions ou travaux immobiliers ou fonciers,et notamment l’achat,la vente,l’échange,la construction,la réparation,la transformation,le leasing…” (deed in French)From the articles, 4 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2020
- €126,984▲ 432%
- ≈ €320,000estimated
- €28,316
- €58,807▲ 92.9%
- €93,700▲ 40.4%
- Filing
- Filed on 30-09-2021
Insights on LSB CONSTRUCT
On 16 August 2022 the court declared LSB CONSTRUCT bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2020
micro format, filed on 30-09-2021, 61 days late€126,984
▲ 432%
€39,112
▲ €46,567
€47,854
▲ €48,006
€37,058
▲ €44,382
62.8%
▲ 17.1 percentage points
2.28
▲ 0.96
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €320,000. Estimated: probably between €210,000 and €490,000.
Money flows
no detail for 2020Balance sheet
balance sheet total €93,700 on 31-12-2020What the company ownsHow it is paid for
in euro
in euro
Staff
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
93,700 | 66,730 | 45,117 | 35,396 | 44,999 | 59,928 | |
20 |
- | 121 | 604 | 1,088 | 1,572 | 2,055 | |
21/28 |
14,205 | 18,666 | 5,338 | 10,749 | 14,709 | 18,985 | |
22/27 |
14,205 | 18,303 | 4,975 | 10,386 | 14,211 | 16,567 | |
23 |
14,205 | 14,982 | 4,717 | 8,078 | 10,630 | 11,195 | |
24 |
- | 3,321 | 258 | 2,307 | 3,581 | 5,372 | |
28 |
- | 363 | 363 | 363 | 498 | 363 | |
29/58 |
79,495 | 47,944 | 39,174 | 23,560 | 28,719 | 40,943 | |
3 |
- | - | - | - | 7,076 | 4,675 | |
37 |
- | - | - | - | 7,076 | 4,675 | |
40/41 |
64,356 | 21,931 | 38,718 | 13,583 | 15,835 | 26,833 | |
40 |
60,940 | 18,587 | 25,472 | 8,308 | 4,442 | 10,013 | |
41 |
3,416 | 3,344 | 13,246 | 5,275 | 11,392 | 16,820 | |
54/58 |
15,139 | 26,013 | 457 | 9,977 | 5,290 | 8,949 | |
490/1 |
- | - | - | - | 518 | 487 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
93,700 | 66,730 | 45,117 | 35,396 | 44,999 | 59,928 | |
10/15 |
58,807 | 30,491 | 45,117 | 32,707 | 18,448 | 23,833 | |
10/11 |
23,200 | 23,200 | 23,200 | 23,200 | 23,200 | 23,200 | |
100 |
- | 23,200 | 23,200 | 23,200 | 23,200 | 23,200 | |
13 |
1,273 | 1,273 | 1,273 | 32 | 32 | 32 | |
130/1 |
1,273 | 1,273 | - | - | - | - | |
130 |
- | 1,273 | 1,273 | 32 | 32 | 32 | |
1311 |
1,273 | - | - | - | - | - | |
14 |
34,334 | 6,018 | 20,644 | 9,475 | -4,784 | 602 | |
17/49 |
34,893 | 36,240 | - | 2,689 | 26,552 | 36,095 | |
42/48 |
34,893 | 36,240 | - | 2,689 | 26,552 | 36,054 | |
43 |
- | - | - | - | 14 | - | |
430/8 |
- | - | - | - | 14 | - | |
44 |
12,555 | - | - | 2,689 | 5,315 | 13,214 | |
440/4 |
- | - | - | 2,689 | 5,315 | 13,214 | |
441 |
12,555 | - | - | - | - | - | |
45 |
18,904 | 930 | - | - | - | 5,098 | |
450/3 |
12,061 | 18 | - | - | - | 1,411 | |
454/9 |
6,843 | 911 | - | - | - | 3,687 | |
47/48 |
3,434 | 35,310 | - | - | 21,223 | 17,742 | |
492/3 |
- | - | - | - | - | 41 | |
| Income statement | |||||||
70 |
- | - | - | - | 263,648 | - | |
76A |
- | - | 171 | - | - | - | |
9900 |
126,984 | 23,874 | 62,699 | 21,146 | 4,272 | 6,453 | |
60/61 |
- | - | - | - | 261,778 | - | |
62 |
23,264 | 20,341 | 23,412 | 728 | 3,551 | - | |
630 |
8,742 | 7,302 | 5,894 | 5,894 | 5,473 | 4,158 | |
631/4 |
50,085 | - | - | - | - | - | |
640/8 |
5,781 | 3,686 | 341 | 183 | 682 | 789 | |
66A |
- | - | 20,500 | - | - | - | |
9901 |
39,112 | -7,455 | 12,552 | 14,341 | -5,435 | 1,507 | |
75/76B |
- | - | - | - | 19 | 3 | |
75 |
- | - | - | - | 19 | 3 | |
65/66B |
135 | 377 | 142 | 82 | 40 | 578 | |
65 |
135 | 377 | 142 | 82 | 40 | 578 | |
9903 |
38,977 | -7,832 | 12,410 | 14,259 | -5,455 | 931 | |
67/77 |
10,661 | 6,794 | - | - | -70 | 298 | |
9904 |
28,316 | -14,626 | 12,410 | 14,259 | -5,386 | 633 | |
9905 |
28,316 | -14,626 | 12,410 | 14,259 | -5,386 | 633 | |
| Appropriation of the result | |||||||
9906 |
34,334 | 6,018 | 21,885 | 9,475 | -4,784 | 633 | |
691/2 |
- | - | 1,241 | - | - | 32 | |
6920 |
- | - | 1,241 | - | - | 32 | |
| Social balance sheet | |||||||
9087 |
- | - | 0.8 | - | 1 | - | |
Hours worked1013 |
- | - | 1,418 | - | 240 | - | |
| Document | |||||||
Source: Annual accounts 2020 (PDF), filed on 30-09-2021.
Filings
each dot is a set of accounts, on the day it reached the National Bank2020 annual accounts filed 61 days after the deadline. Filed on 30 September 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-69600022.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | micro format | 30-09-2021 | 2021-69600022 | |
| 31-12-2019 | micro format | 12-03-2021 | 2021-07500216 | |
| 31-12-2018 | micro format | 23-08-2019 | 2019-49600061 | |
| 31-12-2017 | micro format | 20-12-2018 | 2018-75100071 | |
| 31-12-2016 | micro format | 14-09-2017 | 2017-61100054 | |
| 31-12-2015 | full format | 20-07-2016 | 2016-33900499 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| 47,854 | -153 | 18,446 | 20,235 | 39 | 5,665 | ||
| 37,058 | -7,324 | 18,304 | 20,153 | 88 | 4,791 | ||
| 4,523 | 20,146 | 484 | 1,585 | 2,769 | 20,724 | ||
| -10,874 | 25,557 | -9,520 | 4,687 | -3,659 | - | ||
| 44,602 | 11,704 | - | 20,870 | 2,167 | 4,889 | ||
| - | - | - | - | -2.1% | - | ||
| 62.8% | 45.7% | 100.0% | 92.4% | 41.0% | 39.8% | ||
| 2.28 | 1.32 | - | 8.76 | 1.08 | 1.14 | ||
| 2.28 | 1.32 | - | 8.76 | 0.82 | 1.01 | ||
| 0.59 | 1.19 | - | 0.08 | 1.44 | 1.51 | ||
| 48.2% | -48.0% | 27.5% | 43.6% | -29.2% | 2.7% | ||
| 30.2% | -21.9% | 27.5% | 40.3% | -12.0% | 1.1% | ||
| - | - | - | - | 6 days | - | ||
| - | - | - | - | 7 days | - |
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 LSB CONSTRUCT
The operating result for 2020 is a profit of €39,112, after a loss of €7,455 in 2019. It is the highest result since 2015.
Debt's share of the balance-sheet total falls from 54.3% to 37.2%. Equity is higher and debt is lower.
Board & ownership
Curator
1 mandateCurator, Grand Place 11, 7090 Braine-Le- Comte
from 16-08-2022 to 09-07-2024
Also on 96 other cases
Last board
1 director, 1 in day-to-day management, last change in 2021Managing director and permanent representative
appointed by deed of 30-06-2021
term without a fixed end
earlier manager, until 30-06-2021
Mandates through the years
1 name, the dashed line is todayJAILLOT Laurent
Managing director and permanent representative
Managing director and permanent representative
LeadershipBoardEarliermandate already running before its first mentionBankruptcy 16-08-2022
Mandates as a list
- JAILLOT Laurent
- Managing director and permanent representative, appointed by deed of 30-06-2021, until the bankruptcy of 16-08-2022
- Manager, until 30-06-2021
- Managing director and permanent representative, appointed by deed of 30-06-2021, until the bankruptcy of 16-08-2022
Control
Capital
- Contribution
- €23,200
- Source
- deed of 30-06-2021
Articles of association
deed of 30-06-2021 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of June at 17:00
Network & group
No group
LSB CONSTRUCT has no parent and no holdings in its annual accounts. JAILLOT Laurent is the only director. LSB CONSTRUCT shares no director with another company.
Timeline
Timeline
14 events since 2015Board
Filings
Financial
Insolvency
Address
201620182020202220242026
2024
Bankruptcy closure (insufficient assets) Enterprise Court of Hainaut, Mons division · judgment of 09-07-2024
2022
Bankruptcy published Enterprise Court of Hainaut, Mons division · judgment of 16-08-2022
2021
Annual accounts 2020 filed PDFmicro format · 61 days late
Change of role: JAILLOT Laurent, from manager to managing director and permanent representativeLegal-form conversion: to private limited company · General meeting of 25-06-20216 points ▸
- General meeting, 25-06-2021
- Director resignation, JAILLOT Laurent (manager)
- Director appointment, JAILLOT Laurent (managing director and permanent representative)
- Legal-form conversion, to private limited company
- Registered-office move, Ghlin, Route de Wallonie 4 bte 19
- 232 shares
- The deed holds 3 more points.
Annual accounts 2019 filed PDFmicro format · 224 days late
2020
Back to profit net €28,316 The net result is €28,316, after one loss-making year.
2019
Weakest financial year net -€14,626 The net result drops to -€14,626, the lowest from 2015 to 2020.
Annual accounts 2018 filed PDFmicro format · 23 days late
2018
Annual accounts 2017 filed PDFmicro format · 142 days late
2017
Back to profit net €14,259 The net result is €14,259, after one loss-making year.
Liquidity more than 8 times current ratio 8.76 The current ratio rises from 1.08 to 8.76. Short-term debt falls from €26,552 to €2,689.
Annual accounts 2016 filed PDFmicro format · 45 days late
2016
Annual accounts 2015 filed PDFfull format · 11 days before the deadline
2015
Incorporation PDF3 publications in the Belgian Official Gazette, the last on 30-06-2021
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
Company details
Purpose, financial year and meetings according to the articles of association
Name, seat, purpose and duration
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Toutes transactions ou travaux immobiliers ou fonciers,et notamment l’achat,la vente,l’échange,la construction,la réparation,la…”
4 activities
- Toutes transactions ou travaux immobiliers ou fonciers,et notamment l’achat,la vente,l’échange,la construction,la réparation,la transformation,le leasing immobilier,la location et la gestion de tous biens immeubles bâtis ou non bâtis ainsi que toutes opérations mobilières et notamment l’achat,la vente,la location et la gestion de tous biens meubles
- Effectuer toutes missions,d’expertise en matière immobilière,toutes opérations de courtage en valeurs immobilières,mobilières,assurer la gestion des biens immobiliers et valeurs mobilières,intervenir en matière de conseils et réalisation dans les matières économiques,financières et monétaires,assurer ou coordonner la réalisation de projets immobiliers
- Investir à court,moyen et long terme,faire des opérations de bourse,des investissements,les achats et les ventes sur le marché des options;ériger ou faire ériger des immeubles;les aménager ou faire aménager;prendre ou donner des immeubles en location;faire tous travaux en vue de les rendre rentables,lotir les terrains,créer la voie nécessaire;contracter tous contrats de leasing;prendre ou donner des droits d’emphytéose ou de superficie
- Toute opération se rapportant directement ou indirectement à la construction,à l’entreprise générale de construction,l’activité d’entrepreneur en construction et en rénovation,de gros œuvre et de mise sous toit,de plafonnage,de cimenterie,de maçonnerie,de coffrage,de ferraillage,de peinture,de carrelage,de rejointoiement,d’isolation des murs et des sols,les activités liées à la construction en général,la démolition,la transformation,la rénovation de bâtiments,à l’installation de sanitaires,de systèmes de chauffage,de plomberie,aux installations électriques,aux systèmes de sécurité et d’alarme,le commerce en gros ou en détail de tous matériels et matériaux,les travaux de terrassement,d’étanchéité des bâtiments,de terrassement,d’asphaltage,de bitumage,l’entreprise de charpenterie,de couverture de bâtiments,d’ardoiserie,de menuiserie(bois,aluminium,PVC),l’entreprise de vitrage,la peinture,...
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région Wallonne”
General meeting and financial year
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of June at 17:00
Articles of association, deed of 30-06-2021 (in French)
Inactive
LSB CONSTRUCT is no longer in the KBO register.
- Last annual accounts
- financial year to 31 December 2020
- Last registered office
- Rue D'erbaut 53, 7870 Lensas published on 30 June 2021
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2015