LVC zon
ActiveLVC zon has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2022 annual accounts show negative equity (€-44k) and a net result of €-73k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 8775 sector peers (fiscal year 2022). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2022
Axes · tick = 2021
Profitability100▲+83
Solvency67▲+33
Growth32=
Stability100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.11 against 3.23 in 2021), but equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
-2.2%
Return on assets
-3.6%
Age of the figures
44 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 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 · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline13-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 17-08-2023, 17 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
17 d late
2021
36 d early
2020
13 d late
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Equity
€-44k
2021 · €29k
2018: €39k
2019: €23k
2020: €28k
2021: €29k
2018 → 2022
Total assets
€2.04M▼ 3.7%
2021 · €2.12M
2018: €2.10M
2019: €2.11M
2020: €2.17M
2021: €2.12M
2018 → 2022
Net result
€-73k
2021 · €1k
2018: €2k
2019: €-16k
2020: €5k
2021: €1k
2018 → 2022
Working capital
€1.03M▼ 5.8%
2021 · €1.10M
2018: €858k
2019: €822k
2020: €1.07M
2021: €1.10M
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€39k-€23k▼ 41.7%€28k▲ 23.6%€29k▲ 3.6%€-44k
Operating result€60k-€39k▼ 35.6%€35k▼ 9.4%€21k▼ 40.3%€-57k
Net result€2k-€-16k€5k€1k▼ 81.1%€-73k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €57k after €21k in 2021, the lowest year so far.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €2.04M
Fixed assets
€522k▼ 2.5%
Current assets
€1.52M▼ 4.1%
Key figures and ratios
EBITDA
€-9k▼
2021 · €68k
Cash flow
€-25k▼
2021 · €49k
Solvency
-2.2%▼
2021 · 1.4%
Current ratio
3.11▼
2021 · 3.23
Quick ratio
0.07▼
2021 · 0.18
Debt / equity
-47.28▼
2021 · 72.03
ROE
165.8%▲
2021 · 3.5%
ROA
-3.6%▼
2021 · 0.0%
Interest coverage
-0.39▼
2021 · 2.65
Debt
€2.09M▼
2021 · €2.09M
Debt ≤ 1 year
€489k▼
2021 · €491k
Debt > 1 year
€1.60M▼
2021 · €1.60M
Staff costs
€56k▼
2021 · €66k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€2.12M€2.04M▼
Fixed assets21/28€536k€522k▼
Tangible fixed assets22/27€536k€522k▼
Land and buildings22€443k€444k=
Plant, machinery and equipment23€90k€77k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€1.59M€1.52M▼
Stocks and contracts in progress3€1.50M€1.49M▼
Stocks30/36€1.50M€1.49M▼
Amounts receivable within one year40/41€75k€27k▼
Trade receivables40€75k€21k▼
Other amounts receivable41-€6k
Cash at bank and in hand54/58€11k€5k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€2.12M€2.04M▼
Equity10/15€29k€-44k▼
Contributions10/11€20k€20k=
Reserves13€19k€19k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€-10k€-83k▼
Amounts payable17/49€2.09M€2.09M▼
Amounts payable after more than one year17€1.60M€1.60M▼
Financial debts170/4€1.60M€1.60M▼
Amounts payable within one year42/48€491k€489k▼
Current portion of amounts payable after more than one year42€56k€47k▼
Financial debts43€225k€225k=
Credit institutions430/8€225k€225k=
Trade debts44€138k€136k▼
Suppliers440/4€138k€136k▼
Taxes, remuneration and social security45€22k€29k▲
Taxes450/3€18k€22k▲
Remuneration and social security454/9€4k€7k▲
Other amounts payable47/48€49k€52k▲
Accrued charges and deferred income492/3€3k€3k▼
Income statement
Code20212022
Remuneration, social security and pensions62€66k€56k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€48k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k-
Other operating charges640/8€5k€12k▲
Gross operating margin9900€141k€59k▼
Operating profit (loss)9901€21k€-57k▼
Financial income75/76B€7k€7k▼
Recurring financial income75€7k€7k▼
Financial charges65/66B€26k€23k▼
Recurring financial charges65€26k€23k▼
Profit (loss) for the period before taxes9903€2k€-73k▼
Income taxes67/77€1k-
Profit (loss) for the period9904€1k€-73k▼
Profit (loss) for the period to be appropriated9905€1k€-73k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-83k▼
Profit (loss) brought forward from the previous period14P€-11k€-10k▲
Social balance
Average headcount (FTE)90872.51.6▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 17 days late
2022
31-12
Financial
Weakest financial yearnet €-73k ▼7311%
Net result drops to €-73k, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 13 days late
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 56 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 18 days late
2016
10-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 10 days late
2015
29-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
08-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Zonhoven · 1 establishment unit since 2009
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.
Heuveneindeweg 1073520 ZonhovenGround area
1,947 m²
Building footprint
166 m²
Volume, LiDAR
1,282 m³
Parcel 71443E1043/00R002, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LVC zon
since 20092.176.470.162
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71443E1043/00R002 | Flanders | 1,947 m² | 1 · 166 m² | 9.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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1089 BAR & KOELING
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Of 144 companies in sector 46647 we hold annual accounts for 91. 38 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-12-2008
Fiscal year end31-12
Activities, NACEBEL
46647Wholesale trade
46836Wholesale trade
46842Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.