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LUGO

Inactive
KBO/BCE: BE 0543.575.528

Inactive; last annual accounts for fiscal year 2016.

Signals

Two signals. The signal on the left, the evidence on the right.
neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filings
Position against the passed deadline
31-12-2017 close31-07-2018 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 07-06-2017, 54 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← 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 2016, micro schema

Equity
€186k▲ 18.8%
2015 · €156k
2014: €116k 2015: €156k
2014 → 2016
Total assets
€225k▲ 9.6%
2015 · €206k
2014: €178k 2015: €206k
2014 → 2016
Net result
€29k▼ 27.0%
2015 · €40k
2014: €98k 2015: €40k
2014 → 2016
Working capital
€186k▲ 26.2%
2015 · €147k
2014: €97k 2015: €147k
2014 → 2016
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201420152016Trend
Equity€116k-€156k▲ 34.7%€186k▲ 18.8%
Operating result€152k-€44k▼ 71.0%€46k▲ 4.0%
Net result€98k-€40k▼ 58.7%€29k▼ 27.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2014: €152k€152kNet result 2014: €98k€98kOperating result 2015: €44k€44kNet result 2015: €40k€40kOperating result 2016: €46k€46kNet result 2016: €29k€29k201420152016€0€50k€100k€150kOperating result 2014: €152k€152kNet result 2014: €98k€98kOperating result 2015: €44k€44kNet result 2015: €40k€40kOperating result 2016: €46k€46kNet result 2016: €29k€29k201420152016
The operating result recovers in 2016; 2016 is 4% above 2015.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Equity and liabilities €225k
Equity €186k ▲ 18.8%
Debt €40k ▼ 19.7%
Debt's share of the balance-sheet total falls from 23.9% to 17.5%. Equity is higher and debt is lower.
Key figures and ratios
2016 value · change against 2015
Current ratio
5.70
2015 · 4.00
ROE
15.8%
2015 · 25.8%
ROA
13.0%
2015 · 19.6%
Debt ≤ 1 year
€40k
2015 · €49k
Income taxes
€15k
2015 · €24k
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 · 2016 against 2015 · 24 lines
Balance sheet Code20152016
Assets
Total assets20/58€206k€225k
Fixed assets21/28€9k-
Tangible fixed assets22/27€9k-
Current assets29/58€196k€225k
Amounts receivable within one year40/41€10k€9k
Current investments50/53€49k€77k
Cash at bank and in hand54/58€138k€139k
Equity and liabilities
Total equity and liabilities10/49€206k€225k
Equity10/15€156k€186k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Profit (loss) carried forward14€136k€165k
Amounts payable17/49€49k€40k
Amounts payable within one year42/48€49k€40k
Trade debts44€25k€120
Income statement Code20152016
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k-
Gross operating margin9900€55k€48k
Operating profit (loss)9901€44k€46k
Recurring financial income75€20k€11
Recurring financial charges65€152€1k
Profit (loss) for the period before taxes9903€64k€45k
Income taxes67/77€24k€15k
Profit (loss) for the period9904€40k€29k
Profit (loss) for the period to be appropriated9905€40k€29k

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Timeline · acts, filings and financial milestones

2018
11-04
State Gazette act Board meeting · Director resignation
Permanent representative
2017
07-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
31-12
Financial Weakest financial yearnet €29k ▼27%
Net result drops to €29k, the lowest in the series.
09-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-12
Financial Equity above €150kEq €156k ▲34.7%
2 profitable years in a row build equity to €156k.
02-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
03-12
State Gazette act General meeting · Director resignation
Permanent representative · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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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Structure & network

Connections & network

2 connected companies
Linked via shared directors
LUGOST
Shared director
Thomas More Kempen
Shared director

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1
1 location