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LUCINO

Open bankruptcy
Private limited company (pre-2019)founded 2002Berkendaalstraat 128, 1050 Elsene, BelgiumKBO/BCE: BE 0477.117.660

A bankruptcy procedure is open for LUCINO according to publications in the Belgian State Gazette; curator: CHRISTOPHE CHARDON.

Summary

The 2024 annual accounts show negative equity (€-85k) and a net result of €-14k.

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 31-03-2024 was due by 31-10-2024 and was filed on 30-10-2024, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
1 d early
2023
209 d late
2022
99 d late
2021
3 d late
2020
45 d late
2019
8 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 2024, micro schema

Equity
€-85k▼ 20.4%
2023 · €-71k
2019: €-23k 2020: €-53k 2021: €-44k 2022: €-41k 2023: €-71k
2019 → 2024
Total assets
€73k▼ 28.0%
2023 · €102k
2019: €87k 2020: €161k 2021: €138k 2022: €132k 2023: €102k
2019 → 2024
Net result
€-14k▲ 51.2%
2023 · €-30k
2019: €6k 2020: €-30k 2021: €-6k 2022: €3k 2023: €-30k
2019 → 2024
Working capital
€-128k▼ 4.2%
2023 · €-123k
2019: €-45k 2020: €-97k 2021: €-88k 2022: €-97k 2023: €-123k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€-53k-€-44k▲ 15.9%€-41k▲ 7.2%€-71k▼ 71.9%€-85k▼ 20.4%
Operating result€-20k-€2k€15k▲ 711%€-26k€26k
Net result€-30k-€-6k▲ 80.7%€3k€-30k€-14k▲ 51.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2020: €-20k€-20kNet result 2020: €-30k€-30kOperating result 2021: €2k€2kNet result 2021: €-6k€-6kOperating result 2022: €15k€15kNet result 2022: €3k€3kOperating result 2023: €-26k€-26kNet result 2023: €-30k€-30kOperating result 2024: €26k€26kNet result 2024: €-14k€-14k20202021202220232024€-40k€-20k€0€20kOperating result 2022: €15k€15kNet result 2022: €3k€3.2kOperating result 2023: €-26k€-26kNet result 2023: €-30k€-30kOperating result 2024: €26k€26kNet result 2024: €-14k€-14k202220232024
The operating result returns to profit in 2024: €26k after a loss of €26k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €73k
Fixed assets €42k ▼ 24.6%
Current assets €31k ▼ 32.3%
Key figures and ratios
2024 value · change against 2023
EBITDA
€42k
2023 · €-9k
Cash flow
€2k
2023 · €-12k
Solvency
-116.2%
2023 · -69.4%
Current ratio
0.20
2023 · 0.27
Quick ratio
0.12
2023 · 0.21
Debt to equity
-1.86
2023 · -2.44
ROA
-19.7%
2023 · -29.0%
Interest coverage
1.07
2023 · -1.40
Debt
€159k
2023 · €173k
Debt ≤ 1 year
€159k
2023 · €168k
Income taxes
€348
2023 · €-3k
Staff costs
€320k
2023 · €394k
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 · 2024 against 2023 · 48 lines
Balance sheet Code20232024
Assets
Total assets20/58€102k€73k
Fixed assets21/28€56k€42k
Tangible fixed assets22/27€56k€42k
Plant, machinery and equipment23€35k€30k
Furniture and vehicles24€8k€3k
Leasing and similar rights25€9k€5k
Other tangible fixed assets26€4k€4k
Financial fixed assets28€600€600=
Current assets29/58€46k€31k
Stocks and contracts in progress3€10k€12k
Stocks30/36€10k€12k
Amounts receivable within one year40/41€15k€5k
Trade receivables40€8k€5k
Other amounts receivable41€7k-
Cash at bank and in hand54/58€17k€13k
Deferred charges and accrued income490/1€4k€1k
Equity and liabilities
Total equity and liabilities10/49€102k€73k
Equity10/15€-71k€-85k
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-89k€-104k
Amounts payable17/49€173k€159k
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€168k€159k
Current portion of amounts payable after more than one year42€23k€8k
Financial debts43-€3k
Credit institutions430/8-€3k
Trade debts44€73k€52k
Suppliers440/4€73k€52k
Taxes, remuneration and social security45€73k€80k
Taxes450/3€33k€43k
Remuneration and social security454/9€40k€37k
Other amounts payable47/48-€16k
Income statement Code20232024
Remuneration, social security and pensions62€394k€320k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€17k
Other operating charges640/8€2k€5k
Gross operating margin9900€387k€367k
Operating profit (loss)9901€-26k€26k
Financial income75/76B€3€27
Recurring financial income75€3€27
Financial charges65/66B€6k€40k
Recurring financial charges65€6k€40k
Profit (loss) for the period before taxes9903€-33k€-14k
Income taxes67/77€-3k€348
Profit (loss) for the period9904€-30k€-14k
Profit (loss) for the period to be appropriated9905€-30k€-14k
Appropriation of the result
Profit (loss) to be appropriated9906€-89k€-104k
Profit (loss) brought forward from the previous period14P€-60k€-89k

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

2025
13-10
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL LUCINO RUE BERKENDAEL 128, 1050 IXELLES · event 03-10-2025
2024
30-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
27-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 209 days late
2023
07-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 99 days late
2022
31-03
Financial Back to profitnet €3k
Net result €3k after 2 loss-making years.
2021
03-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2020
15-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 45 days late
31-03
Financial Weakest financial yearnet €-30k ▼588%
Net result drops to €-30k, the lowest in the series.
2019
08-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 8 days late
2018
31-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
28-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2016
28-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2015
29-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema
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, Elsene · 2 establishment units since 2002
establishment approximate All 2 establishment units 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.

Berkendaalstraat 1281050 Elsene
Ground area
6.8 ha
Building footprint
4,381 m²
Volume, LiDAR
48,745 m³
2 parcels, Brussels · tallest building 34.1 m, ±9 floors. Linked by address, not a title deed.
2 establishment units
JEAN-CLAUDE BIGUINE
Berkendaalstraat 128, 1050 ElseneHairdressing
since 20022.099.100.091
LUCINO
Waterloosesteenweg 1384, 1180 UkkelNACE 52330
since 20062.301.323.218
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21612C0293/00S002 Brussels 6.8 ha 1 · 3,854 m² 18.2 m · 3 fl.
21447B0309/00A011 Brussels 650 m² 1 · 528 m² 34.1 m · 9 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 CHRISTOPHE CHARDON
AVENUE DU CENTE- NAIRE 120, 1400 NIVELLES
03-10-2025present

Recognitions · licences · registrations

Legal Entity Identifier

2549006G8FESFX6YC880
no longer live in the LEI register

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 21,748 companies in sector 96210 we hold annual accounts for 2,833. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded29-03-2002
Fiscal year end31-03
Activities, NACEBEL 2025
96210Hairdressing and barber services
47750Retail sale of cosmetics and toilet articles
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

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