LUXURY LEADS
InactiveNo longer registered with the KBO; 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 deadline23-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 28-03-2022, 125 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
125 d early
2020
30 d early
2019
23 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, abbreviated schema
Equity
€25k▲ 6.8%
2020 · €24k
2018: €15k
2019: €17k
2020: €24k
2018 → 2021
Total assets
€220k▲ 18.3%
2020 · €186k
2018: €132k
2019: €182k
2020: €186k
2018 → 2021
Net result
€22k▼ 6.4%
2020 · €23k
2018: €561
2019: €9k
2020: €23k
2018 → 2021
Working capital
€7k
2020 · €-19k
2018: €345
2019: €-23k
2020: €-19k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€15k-€17k▲ 11.8%€24k▲ 38.2%€25k▲ 6.8%
Operating result€5k-€14k▲ 207%€34k▲ 144%€33k▼ 1.9%
Net result€561-€9k▲ 1,559%€23k▲ 148%€22k▼ 6.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 2% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €220k
Fixed assets
€39k▼ 37.2%
Current assets
€181k▲ 45.9%
Equity and liabilities €220k
Equity
€25k▲ 6.8%
Provisions
€16k
Debt
€178k▲ 10.1%
The debt ratio falls from 87.2% to 81.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€52k▼
2020 · €54k
Cash flow
€41k▼
2020 · €43k
Solvency
11.6%▼
2020 · 12.8%
Current ratio
1.04▲
2020 · 0.87
Quick ratio
1.04▲
2020 · 0.87
Debt / equity
0.15▼
2020 · 0.81
ROE
85.1%▼
2020 · 97.0%
ROA
9.8%▼
2020 · 12.4%
Debt
€178k▲
2020 · €162k
Debt ≤ 1 year
€174k▲
2020 · €143k
Debt > 1 year
€4k▼
2020 · €19k
Income taxes
€11k▲
2020 · €10k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€186k€220k▲
Fixed assets21/28€62k€39k▼
Intangible fixed assets21€57k€38k▼
Tangible fixed assets22/27€4k-
Financial fixed assets28€1k€1k▼
Current assets29/58€124k€181k▲
Amounts receivable within one year40/41€87k€124k▲
Cash at bank and in hand54/58€36k€57k▲
Equity and liabilities
Total equity and liabilities10/49€186k€220k▲
Equity10/15€24k€25k▲
Reserves13€2k€2k=
Profit (loss) carried forward14€10k€11k▲
Provisions and deferred taxes16-€16k
Amounts payable17/49€162k€178k▲
Amounts payable after more than one year17€19k€4k▼
Amounts payable within one year42/48€143k€174k▲
Trade debts44€69k€67k▼
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€19k▼
Gross operating margin9900€117k€145k▲
Operating profit (loss)9901€34k€33k▼
Recurring financial income75€20€1k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€33k€33k▼
Income taxes67/77€10k€11k▲
Profit (loss) for the period9904€23k€22k▼
Profit (loss) for the period to be appropriated9905€23k€22k▼
Timeline · acts, filings and financial milestones
2022
04-08
State Gazette act
General meeting · Merger
Accounting effect · Statutes amendment · Frederik Vlaminck
30-05
State Gazette act
Board meeting · Merger
Capital · Accounting effect
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €23k ▲148%
Operating result €34k, net result €23k, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:MEDIAFIN