LUYCX
Open bankruptcyA bankruptcy procedure is open for LUYCX according to publications in the Belgian State Gazette; curator: SAMIR BAKI.
Summary
The 2023 annual accounts show equity of €88,588 and a net result of €15,430.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Brussels
- Declared bankrupt
- 20 January 2026
- Supervising judge
- Hendrik Nauta
- Official Gazette
- 26-01-2026 (pdf) ↗search the document for 2026/102867
Curator
- Samir BakiMarktplein 17, 1740 Ternatsamir@advocaat-baki.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Wholesale trade sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, abbreviated schema
Equity
€88,588▲ 21.1%
2022 · €73,158
Total assets
€1.3m▲ 1.0%
2022 · €1.3m
Net result
€15,430▲ 6.1%
2022 · €14,544
Working capital
€443,300▲ 330%
2022 · €103,172
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€13,596▼ 15.5%€19,281▲ 41.8%-€4,638€28,798€38,959▲ 35.3%
Net result€2,054▼ 64.0%€7,934▲ 286%-€20,453€14,544€15,430▲ 6.1%
Equity€71,132▲ 3.0%€79,066▲ 11.2%€58,613▼ 25.9%€73,158▲ 24.8%€88,588▲ 21.1%
Total assets€592,581▼ 26.6%€764,730▲ 29.1%€1.1m▲ 45.6%€1.3m▲ 20.0%€1.3m▲ 1.0%
Debt€521,448▼ 29.3%€685,664▲ 31.5%€1.1m▲ 53.8%€1.3m▲ 19.8%€1.3m▼ 0.2%
Working capital€85,552▼ 5.4%€86,444▲ 1.0%€45,054▼ 47.9%€103,172▲ 129%€443,300▲ 330%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 35% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.3m
Fixed assets
€6,657 ▼ 33.3%
Current assets
€1.3m ▲ 1.2%
Equity and liabilities €1.3m
Equity
€88,588 ▲ 21.1%
Debt
€1.3m ▼ 0.2%
Debt's share of the balance-sheet total falls from 94.5% to 93.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42,287▲
2022 · €32,372
Cash flow
€18,759▲
2022 · €18,118
Current ratio
1.49▲
2022 · 1.08
Quick ratio
1.39▲
2022 · 0.98
Debt to equity
14.23▼
2022 · 17.27
ROE
17.4%▼
2022 · 19.9%
ROA
1.1%▲
2022 · 1.1%
Interest coverage
1.86▼
2022 · 2.17
Debt ≤ 1 year
€899,414▼
2022 · €1.2m
Debt > 1 year
€24,717▼
2022 · €40,000
Income taxes
€6,913▲
2022 · €4,065
Staff costs
€1,107▼
2022 · €1,661
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €1,925 | €1,661 | €1,107 | ▼ 33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,162 | €3,242 | €3,573 | €3,573 | €3,329 | ▼ 6.9% |
| Other operating charges640/8 | - | - | €3,983 | €2,476 | €5,160 | ▲ 108% |
| Non-recurring operating charges66A | - | - | - | €778 | - | - |
| Gross operating margin9900 | €18,785 | €28,116 | €4,844 | €37,286 | €48,554 | ▲ 30.2% |
| Operating profit (loss)9901 | €13,596 | €19,281 | -€4,638 | €28,798 | €38,959 | ▲ 35.3% |
| Financial income75/76B | - | - | €5,669 | €4,712 | €6,066 | ▲ 28.7% |
| Recurring financial income75 | €5,114 | €8,186 | €5,669 | €4,712 | €6,066 | ▲ 28.7% |
| Financial charges65/66B | - | - | €21,483 | €14,901 | €22,682 | ▲ 52.2% |
| Recurring financial charges65 | €15,641 | €15,825 | €21,483 | €14,901 | €22,682 | ▲ 52.2% |
| Profit (loss) for the period before taxes9903 | €3,069 | €11,641 | -€20,453 | €18,609 | €22,343 | ▲ 20.1% |
| Income taxes67/77 | €1,015 | €3,707 | - | €4,065 | €6,913 | ▲ 70.1% |
| Profit (loss) for the period9904 | €2,054 | €7,934 | -€20,453 | €14,544 | €15,430 | ▲ 6.1% |
| Profit (loss) for the period to be appropriated9905 | €2,054 | €7,934 | -€20,453 | €14,544 | €15,430 | ▲ 6.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €592,581 | €764,730 | €1.1m | €1.3m | €1.3m | ▲ 1.0% |
| Fixed assets21/28 | €3,732 | €490 | €13,559 | €9,986 | €6,657 | ▼ 33.3% |
| Tangible fixed assets22/27 | €3,732 | €490 | €13,559 | €9,986 | €6,657 | ▼ 33.3% |
| Plant, machinery and equipment23 | - | - | €923 | €509 | €339 | ▼ 33.3% |
| Furniture and vehicles24 | - | - | €12,636 | €9,477 | €6,318 | ▼ 33.3% |
| Current assets29/58 | €588,849 | €764,240 | €1.1m | €1.3m | €1.3m | ▲ 1.2% |
| Stocks and contracts in progress3 | €71,950 | €99,000 | €139,500 | €128,510 | €91,077 | ▼ 29.1% |
| Stocks30/36 | - | - | €139,500 | €128,510 | €91,077 | ▼ 29.1% |
| Amounts receivable within one year40/41 | €461,113 | €654,391 | €956,243 | €1.1m | €1.2m | ▲ 1.0% |
| Trade receivables40 | - | - | €772,905 | €939,921 | €1.0m | ▲ 10.3% |
| Other amounts receivable41 | - | - | €183,338 | €202,351 | €116,349 | ▼ 42.5% |
| Cash at bank and in hand54/58 | €55,786 | €10,849 | €4,001 | €55,621 | €98,510 | ▲ 77.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €592,581 | €764,730 | €1.1m | €1.3m | €1.3m | ▲ 1.0% |
| Equity10/15 | €71,132 | €79,066 | €58,613 | €73,158 | €88,588 | ▲ 21.1% |
| Contributions10/11 | €140,000 | - | €140,000 | €140,000 | €140,000 | = |
| Profit (loss) carried forward14 | -€68,868 | -€60,934 | -€81,387 | -€66,842 | -€51,412 | ▲ 23.1% |
| Amounts payable17/49 | €521,448 | €685,664 | €1.1m | €1.3m | €1.3m | ▼ 0.2% |
| Amounts payable after more than one year17 | €18,152 | €7,868 | - | €40,000 | €24,717 | ▼ 38.2% |
| Financial debts170/4 | - | - | - | €40,000 | €24,717 | ▼ 38.2% |
| Amounts payable within one year42/48 | €503,297 | €677,796 | €1.1m | €1.2m | €899,414 | ▼ 26.5% |
| Current portion of amounts payable after more than one year42 | - | - | €7,868 | - | €7,756 | - |
| Financial debts43 | - | - | €341,925 | €330,612 | - | - |
| Credit institutions430/8 | - | - | €341,925 | €330,612 | - | - |
| Trade debts44 | €108,943 | €268,562 | €410,192 | €581,557 | €584,988 | ▲ 0.6% |
| Suppliers440/4 | - | - | €410,192 | €581,557 | €584,988 | ▲ 0.6% |
| Advances received on contracts in progress46 | - | - | €267,367 | €267,367 | €267,367 | = |
| Taxes, remuneration and social security45 | - | - | €7,143 | €23,501 | €19,108 | ▼ 18.7% |
| Taxes450/3 | - | - | €7,143 | €23,501 | €19,108 | ▼ 18.7% |
| Other amounts payable47/48 | - | - | €20,195 | €20,195 | €20,195 | = |
| Accrued charges and deferred income492/3 | - | - | - | - | €336,653 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,054 | €7,934 | -€20,453 | €14,544 | €15,430 | ▲ 6.1% |
| + Depreciation and write-downs630 | €3,162 | €3,242 | €3,573 | €3,573 | €3,329 | ▼ 6.9% |
| Operating cash flow (approximation) | €5,216 | €11,176 | -€16,879 | €18,118 | €18,759 | ▲ 3.5% |
| Investment in fixed assets (approximation) | - | €0 | -€16,643 | €0 | €0 | - |
| Change in cash | - | -€44,937 | -€6,848 | €51,621 | €42,889 | ▼ 16.9% |
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
2026
26-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 20-01-2026
2024
18-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 110 days late
2023
31-12
Financial
Highest result since 2018net €15,430 ▲6.1%
Operating result €38,959, net result €15,430, both a record.
27-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 119 days late
05-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 309 days late
2022
31-12
Financial
Back to profitnet €14,544
Net result €14,544 after one loss-making year.
2021
31-12
Financial
Weakest financial yearnet -€20,453
Net result drops to -€20,453, the lowest in the series.
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 152 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
2015
29-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Pajottegem · 2 establishment units since 2001
Ground area
1.6 ha
Building footprint
1,566 m²
Volume, LiDAR
8,963 m³
2 parcels, Flanders, Wallonia · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Sint-Pietersplein 1, 1755 Pajottegem
since 20012.100.076.229
Rue Haute Folie 1, 1430 Rebecq
since 20032.249.781.772
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25007C0171/00A000 | Wallonia | 1.4 ha | 1 · 484 m² | 7.7 m · 1 fl. |
| 23042B0001/00B000 | Flanders | 1,218 m² | 1 · 1,082 m² | 10.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SAMIR BAKI MARKTPLEIN 17, 1740 TERNAT- |
20-01-2026 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 sitePajottegem2.100.076.229
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Of 409 companies in sector 46110 we hold annual accounts for 172. 126 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded22-12-2000
Fiscal year end31-12
Activities, NACEBEL 2025
46110Wholesale trade
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.