LUCENDI
InactiveLUCENDI was declared bankrupt on 18-10-2021 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed for insufficient assets by judgment of 03-02-2026, published in the Belgian State Gazette on 09-02-2026.
Summary
Inactive; last annual accounts for fiscal year 2019.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 16-02-2021, 200 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
200 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2019 accounts 200 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Financials · fiscal year 2019, micro schema
Equity
€10,440▼ 38.0%
2018 · €16,852
Total assets
€41,818▲ 38.8%
2018 · €30,123
Net result
-€8,012
2018 · €9,894
Working capital
€8,508▼ 33.6%
2018 · €12,807
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019
Operating result€9,906--€8,269
Net result€9,894--€8,012
Equity€16,852-€10,440▼ 38.0%
Total assets€30,123-€41,818▲ 38.8%
Debt€13,271-€31,378▲ 136%
Working capital€12,807-€8,508▼ 33.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2019: a loss of €8,269 after €9,906 in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €41,646
Fixed assets
€2,362 ▼ 36.1%
Current assets
€39,283 ▲ 50.6%
Equity and liabilities €41,818
Equity
€10,440 ▼ 38.0%
Debt
€31,378 ▲ 136%
Debt's share of the balance-sheet total rises from 44.1% to 75.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€7,684▼
2018 · €12,007
Cash flow
-€7,427▼
2018 · €11,995
Current ratio
1.28▼
2018 · 1.97
Quick ratio
1.27▼
2018 · 1.97
ROE
-76.7%▼
2018 · 58.7%
ROA
-19.2%▼
2018 · 32.8%
Debt ≤ 1 year
€30,775▲
2018 · €13,271
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,101 | €585 | ▼ 72.1% |
| Gross operating margin9900 | €12,469 | -€7,267 | ▼ 158% |
| Operating profit (loss)9901 | €9,906 | -€8,269 | ▼ 183% |
| Recurring financial income75 | €0 | €268 | ▲ 297,833% |
| Recurring financial charges65 | €12 | €11 | ▼ 7.0% |
| Profit (loss) for the period before taxes9903 | €9,894 | -€8,012 | ▼ 181% |
| Profit (loss) for the period9904 | €9,894 | -€8,012 | ▼ 181% |
| Profit (loss) for the period to be appropriated9905 | €9,894 | -€8,012 | ▼ 181% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €30,123 | €41,818 | ▲ 38.8% |
| Formation expenses20 | €345 | €173 | ▼ 50.0% |
| Fixed assets21/28 | €3,699 | €2,362 | ▼ 36.1% |
| Tangible fixed assets22/27 | €3,699 | €802 | ▼ 78.3% |
| Financial fixed assets28 | - | €1,560 | - |
| Current assets29/58 | €26,078 | €39,283 | ▲ 50.6% |
| Stocks and contracts in progress3 | - | €350 | - |
| Amounts receivable within one year40/41 | €18,904 | €35,605 | ▲ 88.3% |
| Cash at bank and in hand54/58 | €5,614 | €3,328 | ▼ 40.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €30,123 | €41,818 | ▲ 38.8% |
| Equity10/15 | €16,852 | €10,440 | ▼ 38.0% |
| Contributions10/11 | €17,000 | €18,600 | ▲ 9.4% |
| Profit (loss) carried forward14 | -€148 | -€8,160 | ▼ 5,399% |
| Amounts payable17/49 | €13,271 | €31,378 | ▲ 136% |
| Amounts payable within one year42/48 | €13,271 | €30,775 | ▲ 132% |
| Trade debts44 | €10,553 | €25,945 | ▲ 146% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €9,894 | -€8,012 | ▼ 181% |
| + Depreciation and write-downs630 | €2,101 | €585 | ▼ 72.1% |
| Operating cash flow (approximation) | €11,995 | -€7,427 | ▼ 162% |
| Investment in fixed assets (approximation) | - | €752 | - |
| Change in cash | - | -€2,286 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
09-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Liège · event 03-02-2026
2023
15-12
KBO administration
Address struck
2021
17-11
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 18-10-2021
16-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 200 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
SignalNBB filing
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JULES VOISIN PL. VIEUXTEMPS 7, 4800 VERVIERS- |
18-10-2021 → 03-02-2026 |
Identification & contact
Identification
Legal formSPRL
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.