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L&I CONSULTING & MANAGEMENT

Open bankruptcy
Private limited company (pre-2019)founded 2011Grote Molenstraat 300, 8930 Menen, BelgiumKBO/BCE: BE 0838.532.633

A bankruptcy procedure is open for L&I CONSULTING & MANAGEMENT according to publications in the Belgian State Gazette; curator: Luk DECEUNINCK.

Summary

The 2020 annual accounts show negative equity (€-378k) and a net result of €-11k.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 30-06-2020 was due by 31-01-2021 and was filed on 26-02-2021, 26 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 · 9 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
26 d late
2019
18 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2020, micro schema

Equity
€-378k▼ 3.1%
2019 · €-367k
2019: €-367k
2019 → 2020
Total assets
€72k▼ 21.8%
2019 · €92k
2019: €92k
2019 → 2020
Net result
€-11k
2019 · €7k
2019: €7k
2019 → 2020
Working capital
€-389k▲ 1.6%
2019 · €-395k
2019: €-395k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020Trend
Equity€-367k-€-378k▼ 3.1%
Operating result€-26k-€-7k▲ 74.9%
Net result€7k-€-11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0€10kOperating result 2019: €-26k€-26kNet result 2019: €7k€7kOperating result 2020: €-7k€-7kNet result 2020: €-11k€-11k20192020€-30k€-20k€-10k€0€10kOperating result 2019: €-26k€-26kNet result 2019: €7k€6.8kOperating result 2020: €-7k€-6.7kNet result 2020: €-11k€-11k20192020
The operating result stays negative: a loss of €7k in 2020 against €26k in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €72k
Fixed assets €22k ▼ 21.5%
Current assets €50k ▼ 21.9%
Key figures and ratios
2020 value · change against 2019
EBITDA
€825
2019 · €-17k
Cash flow
€-4k
2019 · €16k
Solvency
-524.5%
2019 · -397.8%
Current ratio
0.11
2019 · 0.14
Quick ratio
0.11
2019 · 0.10
ROA
-15.9%
2019 · 7.4%
Debt
€450k
2019 · €459k
Debt ≤ 1 year
€439k
2019 · €459k
Income taxes
€43
2019 · €86
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 · 2020 against 2019 · 24 lines
Balance sheet Code20192020
Assets
Total assets20/58€92k€72k
Fixed assets21/28€29k€22k
Tangible fixed assets22/27€19k€13k
Financial fixed assets28€10k€10k=
Current assets29/58€64k€50k
Stocks and contracts in progress3€16k€3k
Amounts receivable within one year40/41€24k€22k
Cash at bank and in hand54/58€24k€17k
Equity and liabilities
Total equity and liabilities10/49€92k€72k
Equity10/15€-367k€-378k
Contributions10/11€6k-
Profit (loss) carried forward14€-373k€-384k
Amounts payable17/49€459k€450k
Amounts payable within one year42/48€459k€439k
Trade debts44€180k€210k
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k
Gross operating margin9900€186k€150k
Operating profit (loss)9901€-26k€-7k
Recurring financial income75€7k€18
Recurring financial charges65€4k€5k
Profit (loss) for the period before taxes9903€7k€-11k
Income taxes67/77€86€43
Profit (loss) for the period9904€7k€-11k
Profit (loss) for the period to be appropriated9905€7k€-11k

Download as CSV

Timeline · acts, filings and financial milestones

2021
05-11
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · L&I CONSULTING & MANA- GEMENT BV GROTE MOLENSTRAAT 300, 8930 MENEN · event 26-10-2021
26-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
18-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
28-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
06-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 126 days late
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 147 days late
27-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 513 days late
2016
12-01
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 346 days late
2014
28-02
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
2013
29-03
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 57 days late
SignalNBB filing

Directors · office · real estate

Directors
3 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, Menen · 1 establishment unit since 2014
establishment The establishment unit on the map
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.

Grote Molenstraat 3008930 Menen
Ground area
2,668 m²
Building footprint
562 m²
Volume, LiDAR
1,851 m³
2 parcels, Flanders · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Secrets
Kortrijksesteenweg 315, 8530 HarelbekeAgents in non-specialised wholesale trade
since 20142.231.931.396
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34013A1207/00K007 Flanders 1,377 m² 1 · 439 m² 5.6 m · 1 fl.
34024C0345/00E000 Flanders 1,291 m² 1 · 123 m² 4.3 m · 1 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator Luk DECEUNINCK
BRUGGESTRAAT 55, 8930 MENEN-
26-10-2021present

Similar companies · same sector, comparable size

Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 671 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded18-07-2011
Fiscal year end30-06
Activities, NACEBEL 2025
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.