LX PRO
InactiveLX PRO was declared bankrupt on 22-05-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 12-12-2023, published in the Belgian State Gazette on 19-12-2023.
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 · 10 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
31 d late
2019
98 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Turnover
€846k
EBIT margin
0.7%
Net result
€-71k▼ 4,113%
2020 · €-2k
2018: €6k
2019: €-71k
2020: €-2k
2018 → 2021
Working capital
€-31k
2020 · €33k
2018: €97k
2019: €31k
2020: €33k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€846k-
Equity€106k-€36k▼ 66.5%€34k▼ 4.7%€-31k
Operating result€6k-€-57k€-1k▲ 98.1%€-64k▼ 5,864%
Net result€6k-€-71k€-2k▲ 97.6%€-71k▼ 4,113%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €64k in 2021 against €1k in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €128k
Fixed assets
€4k ▼ 50.0%
Current assets
€123k ▼ 43.9%
Key figures and ratios
EBITDA
€-60k▼
2020 · €7k
Cash flow
€-67k▼
2020 · €6k
Solvency
-24.5%▼
2020 · 14.9%
Current ratio
0.80▼
2020 · 1.18
Debt to equity
-5.09▼
2020 · 0.24
ROA
-56.0%▼
2020 · -0.7%
Interest coverage
-61.34
Debt
€159k▼
2020 · €195k
Debt ≤ 1 year
€155k▼
2020 · €187k
Debt > 1 year
€4k▼
2020 · €8k
Income taxes
€6k▲
2020 · €191
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 · 43 lines
Balance sheet
Code20202021
Assets
Total assets20/58€229k€128k▼
Fixed assets21/28€9k€4k▼
Tangible fixed assets22/27€9k€4k▼
Furniture and vehicles24-€4k
Current assets29/58€220k€123k▼
Amounts receivable within one year40/41€216k€64k▼
Trade receivables40-€55k
Other amounts receivable41-€9k
Cash at bank and in hand54/58€3k€59k▲
Deferred charges and accrued income490/1-€513
Equity and liabilities
Total equity and liabilities10/49€229k€128k▼
Equity10/15€34k€-31k▼
Contributions10/11-€12k
Reserves13€1k€1k=
Non-distributable reserves130/1-€1k
Reserves not available under the articles1311-€1k
Profit (loss) carried forward14€27k€-45k▼
Amounts payable17/49€195k€159k▼
Amounts payable after more than one year17€8k€4k▼
Financial debts170/4-€4k
Amounts payable within one year42/48€187k€155k▼
Current portion of amounts payable after more than one year42-€4k
Trade debts44€155k€114k▼
Suppliers440/4-€114k
Taxes, remuneration and social security45-€13k
Taxes450/3-€1k
Remuneration and social security454/9-€12k
Other amounts payable47/48-€24k
Income statement
Code20202021
Non-recurring operating income76A-€22k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€4k▼
Other operating charges640/8-€2k
Gross operating margin9900€10k€-58k▼
Operating profit (loss)9901€-1k€-64k▼
Financial income75/76B-€8
Recurring financial income75€42€8▼
Financial charges65/66B-€979
Recurring financial charges65€465€979▲
Profit (loss) for the period before taxes9903€-2k€-65k▼
Income taxes67/77€191€6k▲
Profit (loss) for the period9904€-2k€-71k▼
Profit (loss) for the period to be appropriated9905€-2k€-71k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-45k
Profit (loss) brought forward from the previous period14P-€27k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
19-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · LX PRO SRL RUE DES ANCIENS ETANGS 40, 1190 FOREST. déclarée le 22 mai 2023 · event 12-12-2023
26-05
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · LX PRO SRL RUE DES ANCIENS ETANGS 40, 1190 FOREST · event 22-05-2023
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-71k
Net result drops to €-71k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 71 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
14-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 14 days late
2016
01-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 123 days late
08-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 313 days late
2014
19-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
29-07
NBB filing
Annual accounts filed
fiscal year 2012 · full 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
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 |
22-05-2023 → 12-12-2023 |