LUCIDWEB
InactiveLUCIDWEB was declared bankrupt on 16-11-2021 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 27-06-2023, published in the Belgian State Gazette on 06-07-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-05-2021, 61 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
61 d early
2019
34 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€95k▼ 63.9%
2019 · €262k
2018: €67k
2019: €262k
2018 → 2020
Total assets
€610k▼ 0.9%
2019 · €616k
2018: €268k
2019: €616k
2018 → 2020
Net result
€-103k▼ 3.9%
2019 · €-99k
2018: €-157k
2019: €-99k
2018 → 2020
Working capital
€-81k
2019 · €85k
2018: €189k
2019: €85k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€67k-€262k▲ 290%€95k▼ 63.9%
Operating result€-160k-€-163k▼ 1.7%€-160k▲ 1.9%
Net result€-157k-€-99k▲ 36.6%€-103k▼ 3.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €160k in 2020 against €163k in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €610k
Fixed assets
€421k▲ 107%
Current assets
€189k▼ 54.2%
Equity and liabilities €610k
Equity
€95k▼ 63.9%
Debt
€515k▲ 45.6%
The debt ratio rises from 57.5% to 84.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-104k▲
2019 · €-108k
Cash flow
€-48k▼
2019 · €-45k
Solvency
15.5%▼
2019 · 42.5%
Current ratio
0.70▼
2019 · 1.26
Quick ratio
0.70▼
2019 · 1.26
Debt / equity
2.60▲
2019 · 0.10
ROE
-109.1%▼
2019 · -37.9%
ROA
-16.9%▼
2019 · -16.1%
Debt
€515k▲
2019 · €354k
Debt ≤ 1 year
€269k▼
2019 · €327k
Debt > 1 year
€246k▲
2019 · €27k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€616k€610k▼
Fixed assets21/28€203k€421k▲
Intangible fixed assets21€197k€415k▲
Tangible fixed assets22/27€7k€6k▼
Current assets29/58€412k€189k▼
Amounts receivable within one year40/41€322k€78k▼
Cash at bank and in hand54/58€90k€110k▲
Equity and liabilities
Total equity and liabilities10/49€616k€610k▼
Equity10/15€262k€95k▼
Profit (loss) carried forward14€-256k€-359k▼
Amounts payable17/49€354k€515k▲
Amounts payable after more than one year17€27k€246k▲
Amounts payable within one year42/48€327k€269k▼
Trade debts44€312k€57k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€56k▲
Gross operating margin9900€-134€137k▲
Operating profit (loss)9901€-163k€-160k▲
Recurring financial income75€69k€69k▲
Recurring financial charges65€6k€12k▲
Profit (loss) for the period before taxes9903€-99k€-103k▼
Profit (loss) for the period9904€-99k€-103k▼
Profit (loss) for the period to be appropriated9905€-99k€-103k▼
Timeline · acts, filings and financial milestones
2023
06-07
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · LUCIDWEB BV WERFKAAI 19, 1000 BRUSSEL · event 27-06-2023
2021
22-11
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · LUCIDWEB BV WERFKAAI 19, 1000 BRUSSEL · event 16-11-2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
31-12
Financial
Equity above €200kEq €262k ▲290%
Equity rises from €67k to €262k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Gerry VERSCHUREN GUSTAAF GILSONSTRAAT 11,
1090 BRUSSEL 9 |
16-11-2021 → present |
Public money · subsidies and aid
European research
1 project · 236,250 EUR EU contributionProgrammes
h2020
Projects
eXtended Reality for All