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 3 of the last 3 fiscal years.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
L.S. Product from Mouscron, company number BE0628936221, closed financial year 2023 with a result of € 138,961 after tax. For that financial year L.S. Product recorded a gross margin of € 139,813 and equity of € -53,921. Compared with financial year 2022, the result moved from € 51,606 to € 138,961. Profitable, and profit is growing. 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 September 24, 2024.
€ -53,921
▲ € 138,961 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 138,961
▲ 169% vs 2022
Profit after tax over the fiscal year.
€ 26,992
▲ € 26,081 vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € -73,921.
Debts at end 2023
€ 48,961
▼ 4% vs 2022
€ 16,148 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 73,813
▼ 58% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 3,801
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 2,900 | € 52,222 | € 139,813 | ▲ 168% |
| Profit after taxes | € 1,670 | € 51,606 | € 138,961 | ▲ 169% |
| Equity | € -244,488 | € -192,882 | € -53,921 | ▲ € 138,961 |
| Total debts | € 248,272 | € 425,424 | € 213,383 | ▼ 50% |
| Cash | € 14 | € 911 | € 26,992 | ▲ € 26,081 |
| Retained profit | € -264,488 | € -212,882 | € -73,921 | ▲ € 138,961 |
| Bank debt | € 56,537 | € 51,242 | € 48,961 | ▼ 4% |
| Balance sheet total | € 3,784 | € 232,542 | € 159,462 | ▼ 31% |
Key figures of L.S. Product, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to L.S. Product?
What happened at L.S. Product in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
L.S. Product is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 138,961 (▲ 169% vs 2022). filed late Source: NBB ↗
- DIDIER KARANTI became a director. NBB
- New establishment in Estaimpuis. KBO
- GREGORY SEKSEK became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,670 profit in 2021 to € 138,961 profit in 2023.
Best year ever: 2023, with € 138,961 profit.
Management
Behind L.S. Product are DIDIER KARANTI and GREGORY SEKSEK.
Directors
According to the 2023 annual accounts
DIDIER KARANTI
Director
since 2016
GREGORY SEKSEK
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Gustave Fachedreef(L) 3/3
7700 Mouscron
Porte des Bâtisseurs(EST) 20
7730 Estaimpuis
Active since 28 April 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0628.936.221
- VAT number
- BE 0628.936.221
- Registered office
- Gustave Fachedreef(L) 3/3, 7700 Mouscron
- Names & denominations
- L.S. Product
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 28 April 2015
- Peppol
- Not registered
- Activities · NACE
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