Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for LUBO according to publications in the Belgian State Gazette. The 2019 annual accounts show negative equity (€-30k) and a net result of €-57k.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 eventsSignals
Insufficient current data: the most recent filed accounts (financial year 2023) are too old to derive current signals.
Trust signals
1 signalAdministrative Flags
0 eventsFinancials
Annual accounts & ratios
Source: NBB · 2019| Fiscal year | 2019 |
|---|---|
| Revenue | - |
| EBITDA | €-42k |
| Net profit | €-57k |
| Cash flow | €-50k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €50k |
| Equity | €-30k |
| Debt | €80k |
| of which ≤ 1y | €80k |
| of which > 1y | - |
| Working capital | €-31k |
| Employees (FTE) | - |
| 2019 | |
|---|---|
| Current ratio | 0.61 |
| Quick ratio | 0.29 |
| Working capital ratio | -63.1% |
| Solvency | -61.6% |
| Debt / equity | - |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -115.3% |
| ROE | 187.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2019 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €50k |
| Fixed assets | 21/28 | €773 |
| Tangible fixed assets | 22/27 | €773 |
| Current assets | 29/58 | €49k |
| Stocks & contracts in progress | 3 | €25k |
| Amounts receivable within one year | 40/41 | €21k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €50k |
| Equity | 10/15 | €-30k |
| Contributions / capital | 10/11 | €12k |
| Reserves | 13 | €14k |
| Accumulated profits (losses) | 14 | €-57k |
| Amounts payable | 17/49 | €80k |
| Amounts payable within one year | 42/48 | €80k |
| Trade debts payable within one year | 44 | €24k |
| Income statement | ||
| Gross operating margin | 9900 | €-40k |
| Operating result | 9901 | €-50k |
| Financial income | 75 | €104 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-51k |
| Net result for the period | 9904 | €-51k |
| Result to be appropriated | 9905 | €-51k |
Health barometer
FY 2019 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Directors
Directors & mandates
indexingDirectors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | PAUL VAN ROMPAEY ZANDBERG,19, 2260 WESTERLO- |
03-09-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Sanitaire werkzaamheden(43221) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 05-07-2007 |
| Status | Active |
| Postal code | 1750 |
| First BS signal | 09-09-2024 |
| Latest BS signal | 09-09-2024 |
Structure & network
Company structure: linked entities
1 linked entityLocations & real estate
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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. |
|---|---|---|---|---|
| 23072A0033/00F000 | Flanders | 445 m² | 1 · 182 m² | 7.2 m · 2 fl. |
Publications
Lifecycle & Insolvency Signals
1 event from the State GazetteTime machine: BS events + macro context
2021-2026Analysis
Snowflake analysis
financial profile on 5 axesFragile profile, watch health in particular.
Ask AI about this company
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AI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Credit advice
verdict per customer and amountSimilar
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Company registry (CBE)
Crossroads Bank| Legal nameNL | LUBO |