Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
LECTURE LOISIRS from La Louvière, company number BE0433336018, closed financial year 2024 with a result of € -47,825 after tax. For that financial year LECTURE LOISIRS recorded a gross margin of € 106,116 and equity of € -380,479. Compared with financial year 2023, the result moved from € -130,788 to € -47,825. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 24, 2025.
€ -380,479
▼ € 47,825 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -47,825
▲ 63 % less loss than in 2023
Profit after tax over the fiscal year.
€ 44,145
▼ 62% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -390,491.
People and assets in 2024
1.5
▼ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 55,812
▼ 8% vs 2023
€ 37,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
€ 298,235
▼ 13% vs 2023
€ 48,371 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 535,806
▼ 5% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 14,406
▼ 27% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 232,984 | € 74,786 | € 27,750 | € 106,116 | ▲ 282% |
| Profit after taxes | € 73,304 | € -88,902 | € -130,788 | € -47,825 | ▲ € 82,963 |
| Equity | € -112,965 | € -201,867 | € -332,655 | € -380,479 | ▼ € 47,825 |
| Total debts | € 1,033,291 | € 1,035,694 | € 945,430 | € 911,784 | ▼ 4% |
| Cash | € 179,510 | € 200,824 | € 115,916 | € 44,145 | ▼ 62% |
| Land & buildings | € 314,958 | € 258,698 | € 220,139 | € 162,085 | ▼ 26% |
| Retained profit | € -122,976 | € -211,878 | € -342,666 | € -390,491 | ▼ € 47,825 |
| Bank debt | € 427,561 | € 386,934 | € 343,874 | € 298,235 | ▼ 13% |
| Balance sheet total | € 920,327 | € 833,827 | € 612,775 | € 531,305 | ▼ 13% |
| Employees (FTE) | 2.1 | 1.3 | 1.6 | 1.5 | ▼ 0.1 |
Key figures of LECTURE LOISIRS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to LECTURE LOISIRS?
What happened at LECTURE LOISIRS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 47,825. filed late Source: NBB ↗
- New establishment in Morlanwelz. KBO
- New establishment in Morlanwelz. KBO
- Start of the company according to the CBE. KBO
In short
From € 73,304 profit in 2021 to € 47,825 loss in 2024.
Paid € 312 in corporate taxes since 2021.
Best year ever: 2021, with € 73,304 profit.
On average € 70,700 of value added per employee in 2024.
Management
Behind LECTURE LOISIRS is Giovanni PASQUINI. Giovanni PASQUINI is also behind VIDEOSCOPE - HO BIC CLUB, HO BIC CLUB, JEUX ET PARIS and CYMAX.
Directors
According to the 2024 annual accounts
Giovanni PASQUINI
Director
Also active at: VIDEOSCOPE - HO BIC CLUB, HO BIC CLUB, JEUX ET PARIS, CYMAX
Establishments
Establishment units
Physical locations of this company
Rue des Amours(L.L) 1
7100 La Louvière
Chaussée de Mariemont(MLZ) 38
7140 Morlanwelz
Active since 23 February 1988
Chaussée de Mariemont(MLZ) 38*
7140 Morlanwelz
Active since 1 June 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.336.018
- VAT number
- BE 0433.336.018
- Registered office
- Rue des Amours(L.L) 1, 7100 La Louvière
- Names & denominations
- LECTURE LOISIRS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 February 1988
- Peppol
- Active · Active since 16 Jan 2026
- Activities · NACE
Detailhandel in brood en banketbakkerswerk (koude bakkers)
Detailhandel in kranten en andere tijdschriften
Detailhandel in boeken, kranten, tijdschriften en kantoorbehoeften
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels
Detailhandel in uurwerken en sieraden
Detailhandel in motorbrandstoffen
Gespecialiseerde detailhandel in uurwerken en sieradenhorloges en sieraden