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LUBONET

Open bankruptcy
Private limited company (pre-2019)founded 2008Rue Leman 24, 7012 Mons, BelgiumKBO/BCE: BE 0896.334.438

A bankruptcy procedure is open for LUBONET according to publications in the Belgian State Gazette; curator: BERNARD POPYN.

Summary

The 2021 annual accounts show negative equity (€-15k) and a net result of €-4k.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 16-06-2022, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
45 d early
2020
30 d late
2019
91 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2021, micro schema

Turnover
€45k▼ 67.0%
2019 · €136k
2018: €176k 2019: €136k
2018 → 2020
EBIT margin
-8.5%▼ 7.7pp
2019 · -0.8%
2018: 10.1% 2019: -0.8%
2018 → 2020
Net result
€-4k▲ 34.5%
2020 · €-6k
2018: €13k 2019: €-3k 2020: €-6k
2018 → 2021
Working capital
€-19k
2020 · €14k
2018: €21k 2019: €19k 2020: €14k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2018201920202021Trend
Turnover€176k-€136k▼ 23.0%€45k▼ 67.0%
Equity€-2k-€-5k▼ 142%€-11k▼ 114%€-15k▼ 34.9%
Operating result€18k-€-1k€-4k▼ 267%€-4k▼ 15.8%
Net result€13k-€-3k€-6k▼ 94.5%€-4k▲ 34.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20kOperating result 2018: €18k€18kNet result 2018: €13k€13kOperating result 2019: €-1k€-1kNet result 2019: €-3k€-3kOperating result 2020: €-4k€-4kNet result 2020: €-6k€-6kOperating result 2021: €-4k€-4kNet result 2021: €-4k€-4k2018201920202021€-8k€-6k€-4k€-2k€0Operating result 2019: €-1k€-1kNet result 2019: €-3k€-3.1kOperating result 2020: €-4k€-3.8kNet result 2020: €-6k€-6.1kOperating result 2021: €-4k€-4.4kNet result 2021: €-4k€-4k201920202021
The operating result stays negative: a loss of €4k in 2021 against €4k in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €25k
Fixed assets €3k ▼ 27.7%
Current assets €21k ▲ 4.7%
Key figures and ratios
2021 value · change against 2020
EBITDA
€-3k
2020 · €-2k
Cash flow
€-3k
2020 · €-5k
Solvency
-62.6%
2020 · -45.8%
Current ratio
0.53
2020 · 3.45
Quick ratio
0.24
2020 · 1.78
Debt to equity
-2.60
ROA
-16.2%
2020 · -24.4%
Interest coverage
-2.15
Debt
€40k
2020 · €6k
Debt ≤ 1 year
€40k
2020 · €6k
Income taxes
€28k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 47 lines
Balance sheet Code20202021
Assets
Total assets20/58€25k€25k
Fixed assets21/28€5k€3k
Tangible fixed assets22/27€5k€3k
Plant, machinery and equipment23-€3k
Current assets29/58€20k€21k
Stocks and contracts in progress3€10k€12k
Stocks30/36-€12k
Amounts receivable within one year40/41€10k€8k
Other amounts receivable41-€8k
Cash at bank and in hand54/58€188€2k
Equity and liabilities
Total equity and liabilities10/49€25k€25k
Equity10/15€-11k€-15k
Contributions10/11-€6k
Reserves13€82k€23k
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Tax-exempt reserves132-€0
Distributable reserves133-€21k
Profit (loss) carried forward14€-99k€-44k
Provisions and deferred taxes16€30k€0
Amounts payable17/49€6k€40k
Amounts payable within one year42/48€6k€40k
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€910€3k
Suppliers440/4-€3k
Advances received on contracts in progress46-€410
Taxes, remuneration and social security45-€29k
Taxes450/3-€29k
Other amounts payable47/48-€2k
Income statement Code20202021
Turnover70€45k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k
Other operating charges640/8-€182
Gross operating margin9900€-2k€-3k
Operating profit (loss)9901€-4k€-4k
Financial income75/76B-€18
Recurring financial income75-€18
Financial charges65/66B-€1k
Recurring financial charges65€2k€1k
Profit (loss) for the period before taxes9903€-6k€-6k
Transfer from deferred taxes780-€30k
Income taxes67/77-€28k
Profit (loss) for the period9904€-6k€-4k
Transfer from tax-exempt reserves789-€59k
Profit (loss) for the period to be appropriated9905€-6k€55k
Appropriation of the result
Profit (loss) to be appropriated9906-€-44k
Profit (loss) brought forward from the previous period14P-€-99k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2022
05-07
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Mons · LUBONET SPRL RUE LEMAN 24, 7012 MONS · event 27-06-2022
16-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
24-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 24 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 29 days late
2015
29-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 29 days late
2014
30-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 30 days late
2013
30-08
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Mons · 1 establishment unit since 2008
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue Leman 247012 Mons
Ground area
405 m²
Building footprint
82 m²
Parcel 53043B0815/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Leman 24, 7012 Mons
Finishing of textiles
since 20082.169.168.438
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53043B0815/00C000 Wallonia 405 m² 1 · 82 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator BERNARD POPYN
RUE DE LA GRANDE TRIPERIE, 15, 7000 MONS- . Date provisoire de cessation de paiement : 27/06/2022
27-06-2022present

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,348 companies in sector 47621 we hold annual accounts for 1,246. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded10-03-2008
Fiscal year end31-12
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
43211General electrical installation work
43212Electrical installation work in industrial facilities
47242Retail sale of chocolate and confectionery
47400Retail sale of information and communication equipment
61100Wired, wireless and satellite telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.