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LTD

Active
Rue des Déportés 15 ·1310 La Hulpe, Belgium
KBO/BCE: BE 0631.829.294
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Age11 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The KBO register records legal situation 050 for LTD (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2019 annual accounts show equity of €80k and a net result of €72k.

Based on the State Gazette, CBE and 2 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

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.

Signals

Insufficient current data: the most recent filed accounts (financial year 2019) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 06-10-2020, 67 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.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2019, that is 31-07-2020.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 nothing on record not filed -
31-12-2022 31-07-2023 nothing on record not filed -
31-12-2021 31-07-2022 nothing on record not filed -
31-12-2020 31-07-2021 nothing on record not filed -
31-12-2019 31-07-2020 06-10-2020 67 d late 2020-58900163
31-12-2018 31-07-2019 10-10-2019 71 d late 2019-69700273
31-12-2017 31-07-2018 12-06-2019 316 d late 2019-19400545
31-12-2016 31-07-2017 03-06-2019 672 d late 2019-15900016

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

1 signal
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.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€72k+50.3%
Working capital€78k+68.1%

Annual accounts & ratios

Source: NBB · 2019
Annual accounts filed on 06-10-2020 with the NBB · fiscal year 2019 · micro
€0€20k€40k€60k€80kOperating result 2018: €46k€46kNet result 2018: €48k€48kOperating result 2019: €30k€30kNet result 2019: €72k€72k20182019
Operating resultNet result
EBITDA
€37k
-29.6% 18-19
Net profit
€72k
+50.3% 18-19
Cash flow
€79k
+43.8% 18-19
Total assets
€200k
+50.8% 18-19
Equity
€80k
+43.1% 18-19
Working capital
€78k
+68.1% 18-19
Income taxes
€7k
-23.5% 18-19
Debt
€121k
+56.4% 18-19
Show 6 other metrics
Debt ≤ 1y
€112k
+61.3% 18-19
Current ratio
1.70
+1.7% 18-19
Quick ratio
1.70
+1.7% 18-19
Solvency
39.9%
-5.1% 18-19
ROE
89.9%
+5.1% 18-19
ROA
35.8%
-0.3% 18-19
Figures by fiscal year
Fiscal year2019
Depositmicro
Revenue-
EBITDA€37k
Net profit€72k
Cash flow€79k
Staff costs-
Income taxes€7k
Dividends-
Total assets€200k
Equity€80k
Debt€121k
of which ≤ 1y€112k
of which > 1y-
Working capital€78k
Employees (FTE)-
Ratios (computed)
2019
Current ratio1.70
Quick ratio1.70
Working capital ratio39.0%
Solvency39.9%
Debt / equity-
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA35.8%
ROE89.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2019
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2019
Balance sheet, Assets
TOTAL ASSETS 20/58€200k
Fixed assets 21/28€10k
Tangible fixed assets 22/27€10k
Financial fixed assets 28€280
Current assets 29/58€190k
Amounts receivable within one year 40/41€182k
Cash & bank 54/58€8k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€200k
Equity 10/15€80k
Contributions / capital 10/11€6k
Reserves 13€2k
Accumulated profits (losses) 14€72k
Amounts payable 17/49€121k
Amounts payable within one year 42/48€112k
Trade debts payable within one year 44€58k
Income statement
Gross operating margin 9900€57k
Operating result 9901€30k
Financial income 75€3k
Financial charges 65€2k
Result before taxes 9903€31k
Income taxes 67/77€7k
Net result for the period 9904€24k
Result to be appropriated 9905€24k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2019 · computed
23 / 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.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2019 and the legal situation the KBO register itself records. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
approximate (street level) On OpenStreetMap

Establishment units

2 locations
LTD SPRL
Rue des Ecoles 1, 1310 La HulpeKleinhandel in bloemen (inclusief snijbloemen) en planten
since 20152.244.954.043
L'Arti-Frite
Place Alphonse Favresse 52, 1310 La HulpeEetgelegenheden met beperkte bediening
since 20192.289.420.823
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels3
Ground area531 m²
Buildings3
Building footprint212 m²
Volume (LiDAR)1,192 m³
Tallest building12.9 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Wallonia 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25050B0436/00Z000 Wallonia 262 m² 1 · 87 m² -
25050B0581/00A000 Wallonia 210 m² 1 · 70 m² 11.9 m · 3 fl.
25050B0401/00E000 Wallonia 58 m² 1 · 55 m² 12.9 m · 3 fl.
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals found in the Belgian State Gazette. The KBO register does record a special legal situation for this company, so do not read this as a clean bill of health.

Belgian State Gazette · acts

0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

5 of 5 axes measured
Health23Profitability100Solvency80Growth78Stability0
56 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 23
Profitability 100
Solvency 80
Growth 78
Stability 0

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
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Primary activity highlighted.
Names & trade names
Legal nameFR LTD
Registered office
Rue des Déportés 15
1310 La Hulpe, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.