LUXURY PARTNERS
Open bankruptcyA bankruptcy procedure is open for LUXURY PARTNERS according to publications in the Belgian State Gazette; curator: Lise HEILPORN.
Summary
The 2023 annual accounts show equity of €32k and a net result of €-103k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Turnover
€1.49M
EBIT margin
5.0%
Net result
€-103k
2022 · €75k
2020: €77k
2021: €-20k
2022: €75k
2020 → 2023
Working capital
€-31k
2022 · €95k
2020: €80k
2021: €54k
2022: €95k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Turnover€1.49M
Equity€80k-€60k▼ 25.1%€135k▲ 126%€32k▼ 76.6%
Operating result€100k-€-30k€75k€-80k
Net result€77k-€-20k€75k€-103k
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 turns negative in 2023: a loss of €80k after €75k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €531k
Fixed assets
€67k ▲ 53.3%
Current assets
€464k ▲ 40.0%
Equity and liabilities €531k
Equity
€32k ▼ 76.6%
Debt
€499k ▲ 108%
Debt's share of the balance-sheet total rises from 64.0% to 94.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-74k▼
2022 · €88k
Cash flow
€-97k▼
2022 · €88k
Current ratio
0.94▼
2022 · 1.40
Quick ratio
0.55▲
2022 · 0.44
Debt to equity
15.81▲
2022 · 1.78
ROE
-327.0%▼
2022 · 55.7%
ROA
-19.5%▼
2022 · 20.0%
Interest coverage
-72.92
Debt ≤ 1 year
€495k▲
2022 · €236k
Staff costs
€42k▲
2022 · €36k
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 · 2023 against 2022 · 47 lines
Balance sheet
Code20222023
Assets
Total assets20/58€375k€531k▲
Fixed assets21/28€44k€67k▲
Tangible fixed assets22/27€41k€64k▲
Plant, machinery and equipment23€13k€13k=
Furniture and vehicles24€28k€51k▲
Financial fixed assets28€3k€3k=
Current assets29/58€331k€464k▲
Stocks and contracts in progress3€227k€192k▼
Stocks30/36€227k€192k▼
Amounts receivable within one year40/41€100k€253k▲
Trade receivables40€7k€49k▲
Other amounts receivable41€93k€204k▲
Cash at bank and in hand54/58€4k€19k▲
Deferred charges and accrued income490/1-€316
Equity and liabilities
Total equity and liabilities10/49€375k€531k▲
Equity10/15€135k€32k▼
Contributions10/11€3k€3k=
Capital10€3k€3k=
Issued capital100€5k€5k=
Uncalled capital101€2k€2k=
Profit (loss) carried forward14€132k€29k▼
Amounts payable17/49€240k€499k▲
Amounts payable within one year42/48€236k€495k▲
Trade debts44€146k€317k▲
Suppliers440/4€146k€317k▲
Taxes, remuneration and social security45€90k€148k▲
Taxes450/3€86k€134k▲
Remuneration and social security454/9€4k€14k▲
Other amounts payable47/48-€30k
Accrued charges and deferred income492/3€4k€4k=
Income statement
Code20222023
Turnover70€1.49M-
Goods, raw materials, services and sundry goods60/61€1.36M-
Remuneration, social security and pensions62€36k€42k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€6k▼
Other operating charges640/8€901€5k▲
Gross operating margin9900€125k€-27k▼
Operating profit (loss)9901€75k€-80k▼
Financial income75/76B-€8k
Recurring financial income75-€8k
Financial charges65/66B-€31k
Recurring financial charges65-€1k
Non-recurring financial charges66B-€30k
Profit (loss) for the period before taxes9903€75k€-103k▼
Profit (loss) for the period9904€75k€-103k▼
Profit (loss) for the period to be appropriated9905€75k€-103k▼
Appropriation of the result
Profit (loss) to be appropriated9906€132k€29k▼
Profit (loss) brought forward from the previous period14P€57k€132k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-01
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL LUXURY PARTNERS CHAUSSEE DE BOONDAEL 283, 1050 IXELLES · event 21-01-2026
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 106 days late
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 106 days late
2023
31-12
Financial
Weakest financial yearnet €-103k ▼238%
Net result drops to €-103k, the lowest in the series.
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 153 days late
2022
31-12
Financial
Back to profitnet €75k
Net result €75k after one loss-making year.
31-12
Financial
Equity above €100kEq €135k ▲126%
Equity rises from €60k to €135k.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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
Registered office, Elsene · 1 establishment unit since 2019
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.
Boondaalse Steenweg 2831050 ElseneGround area
1,707 m²
Building footprint
1,219 m²
Volume, LiDAR
18,462 m³
2 parcels, Brussels · tallest building 21.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
LUXURY PARTNERS
since 20192.293.623.002
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H0883/00X000 | Brussels | 1,107 m² | 1 · 1,108 m² | 21.7 m · 6 fl. |
| 21443C0249/00A015 | Brussels | 600 m² | 1 · 111 m² | 16.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Lise HEILPORN CHAUSSEE DE LA HULPE 150,
1170 WATERMAEL-BOITSFORT |
21-01-2026 → present |
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Of 732 companies in sector 55209 we hold annual accounts for 208. 132 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
55209Other holiday and short-stay accommodation
74130Interior design
55900Accommodation
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.