Active BE 0547.711.686Private limited company (pre-2019)Open bankruptcy

LEGOCLEAN

Hannuitsesteenweg 490 ·3300 Tienen, Belgium· 12 yrs active

Sector: Construction of buildings (41001)

Conclusion Checked

A bankruptcy procedure is open for LEGOCLEAN according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €44k and a net result of €8k.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€44k
Net result	€8k
Staff (FTE)	0.8
Better than sector	22%

Snowflake analysis 5 of 5 axes measured · computed by Checked

40 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 8

Profitability 94

Solvency 45

Growth 52

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2020 · computed

8 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →

Computed by Checked from the NBB filing for FY 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview7 NBB filings

Annual accounts filed on 29-10-2021 with the NBB · fiscal year 2020 · micro

Operating resultNet result

Sector comparison

Fiscal year 2020 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	8.3%	34.5%	better than 22% of 441 sector peers
Net result	€8k	€6k	better than 55% of 438 sector peers
Equity	€44k	€36k	better than 54% of 443 sector peers
Gross operating margin	€84k	€27k	better than 77% of 439 sector peers
Employees (FTE)	0.8	2.0	better than 20% of 123 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€36k

+50.1% 18-20

Net profit

€8k

+81.5% 18-20

Cash flow

€25k

+17.1% 18-20

Total assets

€534k

+169.0% 18-20

Equity

€44k

+23.1% 18-20

Working capital

€-972

- 18-20

Employees (FTE)

1

0.0% 18-20

Income taxes

€3k

+174.6% 18-20

Debt

€490k

+201.4% 18-20

Debt ≤ 1y

€446k

+298.3% 18-20

Debt > 1y

€44k

-10.0% 18-20

Current ratio

1.00

-2.6% 18-20

Quick ratio

0.89

+5.7% 18-20

Solvency

8.3%

-54.2% 18-20

Debt / equity

0.99

-26.9% 18-20

ROE

18.8%

+47.4% 18-20

ROA

1.6%

-32.5% 18-20

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Deposit	micro
Revenue	-
EBITDA	€36k
Net profit	€8k
Cash flow	€25k
Staff costs	-
Income taxes	€3k
Dividends	-
Total assets	€534k
Equity	€44k
Debt	€490k
of which ≤ 1y	€446k
of which > 1y	€44k
Working capital	€-972
Employees (FTE)	0.8

Ratios (computed)

	2020
Current ratio	1.00
Quick ratio	0.89
Working capital ratio	-0.2%
Solvency	8.3%
Debt / equity	0.99
Long-term debt ratio	0.99
Interest coverage	-
Gross margin	-
Net margin	-
ROA	1.6%
ROE	18.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Assets

Fixed assets €89k · 16.7% Current assets €445k · 83.3%

Equity & liabilities

Equity €44k · 8.3% Debt €490k · 91.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€534k
Fixed assets	21/28	€89k
Tangible fixed assets	22/27	€88k
Financial fixed assets	28	€735
Current assets	29/58	€445k
Stocks & contracts in progress	3	€49k
Amounts receivable within one year	40/41	€290k
Cash & bank	54/58	€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€534k
Equity	10/15	€44k
Reserves	13	€17k
Accumulated profits (losses)	14	€8k
Amounts payable	17/49	€490k
Amounts payable after one year	17	€44k
Amounts payable within one year	42/48	€446k
Trade debts payable within one year	44	€161k
Income statement
Gross operating margin	9900	€84k
Operating result	9901	€19k
Financial income	75	€122
Financial charges	65	€8k
Result before taxes	9903	€11k
Income taxes	67/77	€3k
Net result for the period	9904	€8k
Result to be appropriated	9905	€8k

You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	DEBORAH ES KRAASBEEKSTRAAT 41, 3390 TIELT (BT.)- ↔ Also on 50 other cases	24-02-2022 → present	Belgian State Gazette

Legal Structure

NACE primary	Construction of buildings(41001)
Legal form	Private limited company (pre-2019)(015)
Incorporation	27-02-2014
Status	Active
Postal code	3300
First BS signal	02-03-2022
Latest BS signal	02-03-2022

Company structure, linked entities1 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.

Establishment units 1 location

LEGOCLEAN

Hannuitsesteenweg 494, 3300 TienenOntwikkeling van residentiële bouwprojecten

since 20142.285.278.824

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24031C0282/00X002	Flanders	1,919 m²	1 · 128 m²	9.8 m · 3 fl.
24031C0282/00W002	Flanders	103 m²	1 · 173 m²	10.0 m · 1 fl.

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.

Updates 8 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022

02-03-2022

Bankruptcy Opening

Ondernemingsrechtbank Leuven · LEGOCLEAN BV HANNUITSE- STEENWEG 490, 3300 TIENEN · event 24-02-2022

2021

29-10-2021