LUX BUILD
InactiveLUX BUILD was declared bankrupt on 14-06-2021 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed for insufficient assets by judgment of 13-06-2022, published in the Belgian State Gazette on 17-06-2022.
Summary
Inactive; last annual accounts for fiscal year 2016.
Signals
Three 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 30-12-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
30-12-2017 close30-07-2018 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-12-2016 was due by 30-07-2017 and was filed on 17-05-2018, 291 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 · 10 filingsDeviation 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 →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2016, abbreviated schema
Equity
€188,566▼ 30.4%
2014 · €270,975
Total assets
€1.0m▼ 41.3%
2014 · €1.7m
Net result
-€123,104
2014 · €103,602
Working capital
€437,836▲ 61.4%
2014 · €271,298
Trend over the years
Click a name to add, emphasise or remove a line.
Available amounts per fiscal year
Line201220142016
Operating result-€6,921-€242,796--€99,382-
Net result-€16,744-€103,602--€123,104-
Equity€203,374-€270,975-€188,566-
Total assets€583,198-€1.7m-€1.0m-
Debt€379,824-€1.4m-€820,689-
Working capital-€126,653-€271,298-€437,836-
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is -€99,382 in 2016, compared with €242,796 in 2014. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2016 in colour, 2014 as the grey bar beneath
Assets €1.0m
Fixed assets
€90
Current assets
€1.0m
Equity and liabilities €1.0m
Equity
€188,566 ▼ 30.4%
Debt
€820,689 ▼ 43.4%
Debt's share of the balance-sheet total falls from 84.2% to 81.3%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.77▲
2014 · 1.19
Quick ratio
0.93▲
2014 · 0.57
Debt to equity
4.35
ROE
-65.3%▼
2014 · 38.2%
ROA
-12.2%▼
2014 · 6.0%
Debt ≤ 1 year
€571,329▼
2014 · €1.4m
Debt > 1 year
€248,915
Income taxes
€2▼
2014 · €25,717
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2014 | 2016 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | - | - | €125 | - |
| Gross operating margin9900 | -€3,986 | €388,439 | -€99,257 | - |
| Operating profit (loss)9901 | -€6,921 | €242,796 | -€99,382 | - |
| Recurring financial income75 | €2 | €138 | €7 | - |
| Recurring financial charges65 | €9,825 | €113,616 | €23,727 | - |
| Profit (loss) for the period before taxes9903 | -€16,744 | €129,319 | -€123,102 | - |
| Income taxes67/77 | €0 | €25,717 | €2 | - |
| Profit (loss) for the period9904 | -€16,744 | €103,602 | -€123,104 | - |
| Profit (loss) for the period to be appropriated9905 | -€16,744 | €103,602 | -€123,104 | - |
| Line | 2012 | 2014 | 2016 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €583,198 | €1.7m | €1.0m | - |
| Fixed assets21/28 | €371,840 | - | €90 | - |
| Tangible fixed assets22/27 | €371,840 | - | - | - |
| Financial fixed assets28 | - | - | €90 | - |
| Current assets29/58 | €211,357 | €1.7m | €1.0m | - |
| Stocks and contracts in progress3 | €123,204 | €896,100 | €480,037 | - |
| Stocks30/36 | - | - | €480,037 | - |
| Amounts receivable within one year40/41 | €88,057 | €645,874 | €528,956 | - |
| Trade receivables40 | - | - | €460,719 | - |
| Other amounts receivable41 | - | - | €68,237 | - |
| Cash at bank and in hand54/58 | €96 | €178,092 | €172 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €583,198 | €1.7m | €1.0m | - |
| Equity10/15 | €203,374 | €270,975 | €188,566 | - |
| Contributions10/11 | €378,200 | €378,200 | €378,200 | - |
| Capital10 | - | - | €378,200 | - |
| Issued capital100 | - | - | €378,200 | - |
| Reserves13 | €13,000 | €13,000 | €13,000 | - |
| Legal reserve130 | - | - | €1,000 | - |
| Distributable reserves133 | - | - | €12,000 | - |
| Profit (loss) carried forward14 | -€187,826 | -€120,225 | -€202,634 | - |
| Amounts payable17/49 | €379,824 | €1.4m | €820,689 | - |
| Amounts payable after more than one year17 | - | - | €248,915 | - |
| Financial debts170/4 | - | - | €248,915 | - |
| Amounts payable within one year42/48 | €338,010 | €1.4m | €571,329 | - |
| Current portion of amounts payable after more than one year42 | - | - | €10,801 | - |
| Financial debts43 | - | - | €129,479 | - |
| Credit institutions430/8 | - | - | €129,479 | - |
| Trade debts44 | €11,472 | €500,623 | €238,573 | - |
| Suppliers440/4 | - | - | €238,573 | - |
| Taxes, remuneration and social security45 | - | - | €14,139 | - |
| Taxes450/3 | - | - | €11,638 | - |
| Remuneration and social security454/9 | - | - | €2,501 | - |
| Other amounts payable47/48 | - | - | €178,337 | - |
| Accrued charges and deferred income492/3 | - | - | €445 | - |
| Line | 2012 | 2014 | 2016 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,744 | €103,602 | -€123,104 | - |
| Operating cash flow (approximation) | -€16,744 | €103,602 | -€123,104 | - |
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
2022
17-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 13-06-2022
2021
18-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 14-06-2021
2018
17-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 291 days late
2016
30-12
Financial
Weakest financial yearnet -€123,104
Net result drops to -€123,104, the lowest in the series.
2015
26-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 27 days late
2014
30-12
Financial
Back to profitnet €103,602
Net result €103,602 after one loss-making year.
2013
29-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
26-09
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 57 days late
2011
30-08
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 30 days late
2010
25-08
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 25 days late
2009
24-11
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 116 days late
2008
29-12
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema · 151 days late
2007
28-09
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema · 59 days late
2006
30-08
NBB filing
Annual accounts filed
fiscal year 2005 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | MARGA PIETERS AFFLIGEMDREEF 144, 9300 AALST- |
14-06-2021 → 13-06-2022 |
| Curator | JUUL CREYTENS LEOPOLDLAAN 15,
9200 DENDERMONDE |
14-06-2021 → 13-06-2022 |
Structure & network
Owners and holdings
1 ownerOwners 1
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.