OPENING OF BANKRUPTCY

LGR

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Financial year 2022 · closed on 31/03/2022
Net result
-220,2 k €
-388.0% YoY
Gross margin
651 k €
-40.6% YoY
Equity
427,3 k €
-34.0% YoY
Workforce
6,0 ETP
-25.0% YoY

Company — Opening of bankruptcy.

What does LGR do?

LGR is a Private limited company incorporated in 2013. Its main activity is: Support activities for crop production. Its registered office is in Brugge. It employs on average 6,0 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0515.943.592
Incorporation
22/02/2013
Legal form
Private limited company
Registered office
Stationsplein 4 box 21
8000 Brugge · FlandreSee on map
Contributed capital
25 000,00 €
Latest accounts
31/03/2022
Average workforce
6,0 ETP
Activities (NACE)
01610Support activities for crop production· main01610Support activities for crop production01110Growing of cereals (except rice), leguminous crops and oil seeds01110Growing of cereals (except rice), leguminous crops and oil seeds01630Post-harvest crop activities01630Post-harvest crop activities+6
Signals
Positive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202220212020201920182017201620152014
Income statement
Gross margin651 k €1,1 M €1,3 M €1,3 M €1,3 M €875,3 k €772,1 k €485,8 k €481,8 k €
EBITDA212,6 k €751,1 k €851,8 k €824,6 k €655,2 k €441,5 k €395,5 k €189,6 k €169,4 k €
Operating result-178,1 k €140 k €191,8 k €192,2 k €198,6 k €111,2 k €77,9 k €43 k €68,1 k €
Net result-220,2 k €76,4 k €123,4 k €118,9 k €129,5 k €55,5 k €38 k €44,8 k €35,9 k €
Balance sheet
Equity427,3 k €647,5 k €571 k €447,6 k €328,7 k €199,2 k €143,6 k €105,7 k €60,9 k €
Total assets1,6 M €2,8 M €2,9 M €2,7 M €2,6 M €1,8 M €1,7 M €1,4 M €834,3 k €
Cash42,9 k €52,3 k €63,1 k €65,5 k €41,9 k €45 k €58,4 k €76,6 k €28,7 k €
Debts1,2 M €2,2 M €2,3 M €2,3 M €2,2 M €1,6 M €1,5 M €1,3 M €767,8 k €
Other
Workforce6,0 ETP8,0 ETP9,5 ETP11,9 ETP10,8 ETP10,7 ETP9,1 ETP7,0 ETP7,0 ETP
Governance

Board of directors

Seen on filing of 31/03/2022 · 1 active · 2 ended

Active mandates

Nadine Logghe

Administrator - manager · since 10 octobre 2015

Active

Ended mandates

EVELYNE MAES

Administrator - manager · since 20 février 2013 · until 19 février 2018

Ended
NICO VAN DE WOESTYNE

Administrator - manager · since 20 février 2013 · until 19 février 2018

Ended
At this address

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Annual accounts

Full financial information

202220212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202101/04/202001/04/201901/04/201801/04/201701/04/2016
Closing of the financial year31/03/202231/03/202131/03/202031/03/201931/03/201831/03/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/11/202203/11/202125/11/202017/09/201921/09/201815/09/2017
General meeting21/10/202225/10/202105/10/202007/09/201912/09/201821/08/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202221/10/202203/11/2022DutchPDF
Abridged model31/03/202125/10/202103/11/2021DutchPDF
Abridged model31/03/202005/10/202025/11/2020DutchPDF
Abridged model31/03/201907/09/201917/09/2019DutchPDF
Abridged model31/03/201812/09/201821/09/2018DutchPDF
Abridged model31/03/201721/08/201715/09/2017DutchPDF
Abridged model31/03/201620/08/201602/09/2016DutchPDF
Abridged model31/03/201514/06/201512/08/2015DutchPDF
Abridged model31/03/201414/06/201418/06/2014DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/03/2022 · 1 active · 2 ended

Active mandates

Nadine Logghe

Administrator - manager · since 10 octobre 2015

Active

Ended mandates

EVELYNE MAES

Administrator - manager · since 20 février 2013 · until 19 février 2018

Ended
NICO VAN DE WOESTYNE

Administrator - manager · since 20 février 2013 · until 19 février 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/07/2021
    BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office12/05/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates06/04/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/01/2020
    DIVERSEN
    PDF
  • Mandates06/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/12/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/11/2019
    MAATSCHAPPELIJKE ZETEL
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2022
    Annual accounts 2022-220,2 k €↓
  2. 2021
    Annual accounts 202176,4 k €↓
  3. 2021
    Name changeLGR
  4. 2020
    Annual accounts 2020123,4 k €↑
  5. 2019
    Annual accounts 2019118,9 k €↓
  6. 2018
    Annual accounts 2018129,5 k €↑
  7. 2017
    Annual accounts 201755,5 k €↑
  8. 2016
    Annual accounts 201638 k €↓
  9. 2015
    Annual accounts 201544,8 k €↑
  10. 2014
    Annual accounts 201435,9 k €
  11. 2014
    Name changeMAES GEERT L.G.R.
  12. 22/02/2013
    IncorporationPrivate limited company