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 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
LUESAT from Kortemark, company number BE0597818126, closed financial year 2022 with a result of € -60,791 after tax. For that financial year LUESAT recorded a gross margin of € 93,545 and equity of € -198,688. Compared with financial year 2021, the result moved from € -141,149 to € -60,791. 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 August 29, 2023.
€ -198,688
▼ € 60,791 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -60,791
▲ 57 % less loss than in 2021
Profit after tax over the fiscal year.
€ 41,148
▲ 52% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -211,088.
People and assets in 2022
€ 83,016
▼ 14% vs 2021
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,684
▼ 29% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 586,845
▼ 2% vs 2021
€ 98,662 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 39,254
▲ 136% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 23,500
▲ 3% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 71,972 | € 93,545 | ▲ 30% |
| Profit after taxes | € -141,149 | € -60,791 | ▲ € 80,358 |
| Equity | € -137,897 | € -198,688 | ▼ € 60,791 |
| Total debts | € 656,779 | € 731,876 | ▲ 11% |
| Cash | € 27,032 | € 41,148 | ▲ 52% |
| Land & buildings | € 253,242 | € 243,078 | ▼ 4% |
| Retained profit | € -150,297 | € -211,088 | ▼ € 60,791 |
| Bank debt | € 595,787 | € 586,845 | ▼ 2% |
| Balance sheet total | € 518,882 | € 533,188 | ▲ 3% |
Key figures of LUESAT, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to LUESAT?
What happened at LUESAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
LUESAT is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 60,791. filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
- Jordy Aper became a director. NBB
In short
From € 141,149 loss in 2021 to € 60,791 loss in 2022.
Management
Behind LUESAT is Jordy Aper.
Directors
According to the 2022 annual accounts
Jordy Aper
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Handzamestraat 103
8610 Kortemark
Sasstraat 1 box 12.6
3500 Hasselt
Active since 1 July 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0597.818.126
- VAT number
- BE 0597.818.126
- Registered office
- Handzamestraat 103, 8610 Kortemark
- Names & denominations
- LUESAT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 10 February 2015
- Peppol
- Not registered
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening
Goederenvervoer over de weg
Personenvervoer over de weg zonder dienstregeling
Overig personenvervoer te land, n.e.g.