Bankrupt · Opening faillissement (CBE)

LAC Frères

BE0840541028

Rechtspersoon Private limited company 1 establishment

LAC Frères is a specialised building contractor in Morlanwelz. Private Limited, started on 24 October 2011, 1 establishment.

Rue du Houssu(CAR) 133, 7141 Morlanwelz

Behind the company: Ruddy LACROIX.

Start date

24 October 2011

Warning lights

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

  • Negative equity NBB

    More debt than assets in 3 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 45 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

LAC Frères from Morlanwelz, company number BE0840541028, closed financial year 2023 with a result of € -48,969 after tax. For that financial year LAC Frères recorded a gross margin of € 170,533 and equity of € -118,041. Compared with financial year 2022, the result moved from € -43,852 to € -48,969. 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 June 13, 2024.

What it is worth Caution

€ -118,041

▼ € 48,969 vs 2022

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

Loss Caution

€ -48,969

▼ 12 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 33,467

▲ 28% vs 2022

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -128,741.

People and assets in 2023

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 209,548

▼ 10% 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

€ 1,010

▼ 61% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 2 years to go

€ 8,056

▼ 60% vs 2022

€ 4,388 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 52,223

▼ 30% vs 2022

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

Taxes and wages

€ 219,840

▲ 36% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 276,381 € 206,988 € 170,533 ▼ 18%
Profit after taxes € -34,084 € -43,852 € -48,969 ▼ € 5,118
Equity € -25,230 € -69,071 € -118,041 ▼ € 48,969
Total debts € 319,163 € 279,959 € 302,019 ▲ 8%
Cash € 957 € 26,157 € 33,467 ▲ 28%
Retained profit € -35,930 € -79,771 € -128,741 ▼ € 48,969
Bank debt € 38,074 € 20,320 € 8,056 ▼ 60%
Balance sheet total € 293,933 € 210,888 € 183,978 ▼ 13%

Key figures of LAC Frères, 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 LAC Frères?

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

LAC Frères is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 48,969. Source: NBB ↗
  • New establishment in Morlanwelz. KBO
  • Start of the company according to the CBE. KBO
  • Ruddy LACROIX became a director. NBB

In short

From € 34,084 loss in 2021 to € 48,969 loss in 2023.

Management

Ruddy LACROIX
LAC Frères

Behind LAC Frères is Ruddy LACROIX.

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Directors

According to the 2023 annual accounts

Ruddy LACROIX

Director

since 2011

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Houssu(CAR) 133

7141 Morlanwelz

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
0840.541.028
VAT number
BE 0840.541.028
Registered office
Rue du Houssu(CAR) 133, 7141 Morlanwelz
Names & denominations
LAC Frères
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
24 October 2011
Peppol
Not registered
Activities · NACE

Overige werkzaamheden in verband met de afwerking van gebouwen

Frequently asked questions

What does LAC Frères do?
LAC Frères is a specialised building contractor in Morlanwelz. Private Limited, started on 24 October 2011, 1 establishment.
What is the address of LAC Frères?
The registered office of LAC Frères is located at Rue du Houssu(CAR) 133, 7141 Morlanwelz.
Is LAC Frères still active?
No. The CBE lists LAC Frères 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 LAC Frères registered on Peppol?
No, LAC Frères is currently not registered on the Peppol network.
What is the enterprise number of LAC Frères?
The enterprise number of LAC Frères is BE0840541028.
When was LAC Frères founded?
LAC Frères was founded on 24 October 2011.