LUXSOFT
InactiveLUXSOFT was declared bankrupt on 20-03-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 03-10-2023, published in the Belgian State Gazette on 10-10-2023.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
96 d late
2019
42 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-66k▼ 6.2%
2020 · €-62k
2018: €-18k
2019: €-55k
2020: €-62k
2018 → 2021
Total assets
€35k▲ 0.2%
2020 · €35k
2018: €67k
2019: €35k
2020: €35k
2018 → 2021
Net result
€-4k▲ 45.1%
2020 · €-7k
2018: €-13k
2019: €-38k
2020: €-7k
2018 → 2021
Working capital
€-57k▼ 7.2%
2020 · €-54k
2018: €-9k
2019: €-46k
2020: €-54k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-18k-€-55k▼ 212%€-62k▼ 12.8%€-66k▼ 6.2%
Operating result€-11k-€-35k▼ 221%€-4k▲ 88.2%€-1k▲ 72.0%
Net result€-13k-€-38k▼ 191%€-7k▲ 81.2%€-4k▲ 45.1%
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 €1k in 2021 against €4k in 2020; the loss shrinks.
Key figures and ratios
Solvency
-191.4%▼
2020 · -180.5%
Current ratio
0.38▼
2020 · 0.39
Debt to equity
-1.43
ROA
-11.2%▲
2020 · -20.4%
Debt
€95k▲
2020 · €91k
Debt ≤ 1 year
€92k▲
2020 · €88k
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 · 2021 against 2020 · 30 lines
Balance sheet
Code20202021
Assets
Total assets20/58€35k€35k▲
Current assets29/58€35k€35k▲
Amounts receivable within one year40/41€35k€35k=
Other amounts receivable41-€35k
Cash at bank and in hand54/58-€60
Equity and liabilities
Total equity and liabilities10/49€35k€35k▲
Equity10/15€-62k€-66k▼
Contributions10/11-€50k
Profit (loss) carried forward14€-112k€-116k▼
Provisions and deferred taxes16€6k€6k=
Provisions for liabilities and charges160/5-€6k
Other liabilities and charges164/5-€6k
Amounts payable17/49€91k€95k▲
Amounts payable within one year42/48€88k€92k▲
Financial debts43-€64k
Credit institutions430/8-€64k
Trade debts44€29k€28k▼
Suppliers440/4-€28k
Accrued charges and deferred income492/3-€3k
Income statement
Code20202021
Gross operating margin9900€-4k€-1k▲
Operating profit (loss)9901€-4k€-1k▲
Financial income75/76B-€10
Recurring financial income75-€10
Financial charges65/66B-€3k
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€-7k€-4k▲
Profit (loss) for the period9904€-7k€-4k▲
Profit (loss) for the period to be appropriated9905€-7k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-116k
Profit (loss) brought forward from the previous period14P-€-112k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
10-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · LUXSOFT SRL AVENUE LOUISE 523, 1050 IXELLES. déclarée le 20 mars 2023 · event 03-10-2023
29-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · LUXSOFT SRL AVENUE LOUISE 523, 1050 IXELLES · event 20-03-2023
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 96 days late
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series.
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
18-05
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.
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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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
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 | FREDERIK DE VULDER 59 B, AVENUE REINE ASTRID
(BTE 3), 1780 WEMMEL |
20-03-2023 → 03-10-2023 |