Bankrupt · Opening faillissement (CBE)

LG RENOVATION

BE0783344185

Rechtspersoon Private limited company 2 establishments

LG RENOVATION is filed with the CBE under the catch-all “Overige gespecialiseerde bouwactiviteiten”. Also registered: specialised building contractor, roofing contractor, building finishing contractor. Private Limited, started on 11 March 2022, 2 establishments.

Excelsiorlaan 10, 1930 Zaventem

Start date

11 March 2022

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Busy address KBO

    109 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

LG RENOVATION from Zaventem, company number BE0783344185, closed financial year 2023 with a result of € 13,867 after tax. For that financial year LG RENOVATION recorded revenue of € 167,283 and equity of € 4,120. Compared with financial year 2022, the result moved from € -11,747 to € 13,867. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2024.

What it is worth Growing

€ 4,120

▲ € 13,867 vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 13,867

▲ still € 11,747 loss in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 2,530

▲ € 2,167 vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2023. Retained profit grew to € 2,120.

People and assets in 2023

Wage cost

€ 26,238

▼ 44% vs 2022

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 1,700

▼ 49% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt

€ 5,000

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 7,396

▲ 77% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 17,800

▼ 37% vs 2022

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
20222023Change 2022 → 2023
Revenue € 156,392 € 167,283 ▲ 7%
Gross margin € 40,021 € 46,236 ▲ 16%
Profit after taxes € -11,747 € 13,867 ▲ € 25,614
Equity € -9,747 € 4,120 ▲ € 13,867
Total debts € 40,845 € 31,909 ▼ 22%
Cash € 363 € 2,530 ▲ € 2,167
Retained profit € -11,747 € 2,120 ▲ € 13,867
Bank debt € 5,000 € 5,000
Balance sheet total € 31,098 € 36,029 ▲ 16%

Key figures of LG RENOVATION, fiscal years 2022 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 LG RENOVATION?

What happened at LG RENOVATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

LG RENOVATION is active according to the CBE. Legal situation: Opening faillissement.

  • New establishment in Ukkel. KBO
  • New annual accounts for financial year 2023: profit of € 13,867. Source: NBB ↗
  • New establishment in Zaventem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 11,747 loss in 2022 to € 13,867 profit in 2023.

Paid € 821 in corporate taxes since 2022.

Best year ever: 2023, with € 13,867 profit.

Establishments

Establishment units

Physical locations of this company

Registered office

Excelsiorlaan 10

1930 Zaventem

2.369.020.409

Beeckmanstraat 53

1180 Ukkel

Active since 1 January 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0783.344.185
VAT number
BE 0783.344.185
Registered office
Excelsiorlaan 10, 1930 Zaventem
Names & denominations
LG RENOVATION
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
11 March 2022
Peppol
Not registered
Activities · NACE

Overige gespecialiseerde bouwactiviteiten, neg

Overige gespecialiseerde bouwwerkzaamheden

Overige werkzaamheden in verband met de afwerking van gebouwen

Metselwerk

Uitvoeren van metsel- en voegwerken

Frequently asked questions

What does LG RENOVATION do?
LG RENOVATION is filed with the CBE under the catch-all “Overige gespecialiseerde bouwactiviteiten”. Also registered: specialised building contractor, roofing contractor, building finishing contractor. Private Limited, started on 11 March 2022, 2 establishments.
What is the address of LG RENOVATION?
The registered office of LG RENOVATION is located at Excelsiorlaan 10, 1930 Zaventem.
Is LG RENOVATION still active?
No. The CBE lists LG RENOVATION with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is LG RENOVATION registered on Peppol?
No, LG RENOVATION is currently not registered on the Peppol network.
What is the enterprise number of LG RENOVATION?
The enterprise number of LG RENOVATION is BE0783344185.
When was LG RENOVATION founded?
LG RENOVATION was founded on 11 March 2022.