LUVACO

Bankruptcy

Private limited company (pre-2019)founded 2002KBO/BCE: BE 0478.699.651

The KBO register records for LUVACO the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2015 annual accounts show equity of €268k and a net result of €240k.

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Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Latest accounts filed on time

The financial year that closed on 30-11-2015 was due by 30-06-2016 and was filed on 31-05-2016, 30 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2015

30 d early

2013

61 d late

2012

92 d late

2011

92 d late

2010

100 d late

2009

61 d late

2008

61 d late

← before the deadline after the deadline →

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 2015, abbreviated schema

Equity

€268k▲ 836%

2013 · €29k

2011: €10k 2012: €17k 2013: €29k

2011 → 2015

Total assets

€409k▲ 170%

2013 · €152k

2011: €103k 2012: €123k 2013: €152k

2011 → 2015

Net result

€240k▲ 1,993%

2013 · €11k

2011: €2k 2012: €8k 2013: €11k

2011 → 2015

Working capital

€386k

2013 · €-5k

2011: €-35k 2012: €-23k 2013: €-5k

2011 → 2015

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2011201220132015Trend

Equity€10k-€17k▲ 78.0%€29k▲ 66.5%€268k▲ 836%

Operating result€9k-€17k▲ 85.7%€22k▲ 30.0%€350k▲ 1,517%

Net result€2k-€8k▲ 332%€11k▲ 51.7%€240k▲ 1,993%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen three years in a row; 2015 is 1,517% above 2013 and is the highest year so far.

Balance-sheet composition

2015 in colour, 2013 as the grey bar beneath

Assets €409k

97.5%

Fixed assets €10k▼ 69.0%

Current assets €399k▲ 237%

Equity and liabilities €409k

65.6%

31.3%

Equity €268k▲ 836%

Provisions €128k

Debt €13k▼ 89.4%

The debt ratio falls from 81.1% to 3.2%: equity grows while debt is paid down.

Key figures and ratios

2015 value · change against 2013

EBITDA

€358k▲

2013 · €28k

Cash flow

€248k▲

2013 · €18k

Solvency

65.6%▲

2013 · 18.9%

Current ratio

30.59▲

2013 · 0.96

Quick ratio

30.59▲

2013 · 0.96

ROE

89.3%▲

2013 · 39.9%

ROA

58.5%▲

2013 · 7.5%

Debt

€13k▼

2013 · €123k

Debt ≤ 1 year

€13k▼

2013 · €123k

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 · 2015 against 2013

Balance sheet Code20132015

Assets

Total assets20/58€152k€409k▲

Fixed assets21/28€34k€10k▼

Tangible fixed assets22/27€34k€10k▼

Current assets29/58€118k€399k▲

Amounts receivable within one year40/41€105k€326k▲

Cash at bank and in hand54/58€10k€72k▲

Equity and liabilities

Total equity and liabilities10/49€152k€409k▲

Equity10/15€29k€268k▲

Contributions10/11€6k€6k=

Reserves13€28k€276k▲

Profit (loss) carried forward14€-5k€-14k▼

Provisions and deferred taxes16-€128k

Amounts payable17/49€123k€13k▼

Amounts payable within one year42/48€123k€13k▼

Trade debts44€57k€12k▼

Income statement Code20132015

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k▲

Gross operating margin9900€65k€382k▲

Operating profit (loss)9901€22k€350k▲

Recurring financial income75€1k€20k▲

Recurring financial charges65€2k€2k▲

Profit (loss) for the period before taxes9903€21k€367k▲

Income taxes67/77€10k-

Profit (loss) for the period9904€11k€240k▲

Profit (loss) for the period to be appropriated9905€11k€-9k▼

Download as CSV

Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2016

31-05

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

2015

30-11

Financial Highest result since 2011net €240k ▲1993%

Operating result €350k, net result €240k, both a record.

30-11

Financial Liquidity times 32current ratio 30.59

Current ratio from 0.96 to 30.59; short-term debt falls from €123k to €13k.

30-11

Financial Equity above €200kEq €268k ▲836%

4 profitable years in a row build equity to €268k.

2014

30-09

NBB filing Annual accounts filed

fiscal year 2013 · abbreviated schema · 61 days late

2013

31-10

NBB filing Annual accounts filed

fiscal year 2012 · abbreviated schema · 92 days late

2012

31-10

NBB filing Annual accounts filed

fiscal year 2011 · abbreviated schema · 92 days late

2011

08-11

NBB filing Annual accounts filed

fiscal year 2010 · abbreviated schema · 100 days late

2010

30-09

NBB filing Annual accounts filed

fiscal year 2009 · abbreviated schema · 61 days late

2009

30-09

NBB filing Annual accounts filed

fiscal year 2008 · abbreviated schema · 61 days late

2008

30-09

NBB filing Annual accounts filed

fiscal year 2007 · abbreviated schema · 61 days late

2007

28-09

NBB filing Annual accounts filed

fiscal year 2006 · abbreviated schema · 59 days late

2006

31-08

NBB filing Annual accounts filed

fiscal year 2005 · abbreviated schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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

1 establishment unit since 2002

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.

Ground area

314 m²

Parcel 71323C0402/00M002, Flanders. Linked by address, not a title deed.

1 establishment unit

Luvaco

Raising of dairy cattle

since 20022.115.636.712

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71323C0402/00M002	Flanders	314 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.

Similar companies · same sector, comparable size

PWL Construct

BE 0669.746.396

Herselt · Eq €268k

CENTRE D'ORIENTATION ET DE DEVELOPPEMENT POUR L'EMPLOI ET LA FORMATION

Of 21,156 companies in sector 81300 we hold annual accounts for 4,345. 3,184 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded31-10-2002

Fiscal year end30-11

Activities, NACEBEL

01410Raising of dairy cattle

81300Landscape service activities

02100Forestry and logging

Sources

Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.