OPENING OF BANKRUPTCY

LOTRONIC

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Financial year 2024 · closed on 31/12/2024
Net result
-3,8 M €
-866.4% YoY
Revenue
15,9 M €
-27.0% YoY
Equity
2,5 M €
-60.0% YoY
Workforce
13,2 ETP
-13.7% YoY

Company — Opening of bankruptcy.

Strike-off: 30 juin 2026

What does LOTRONIC do?

LOTRONIC is a Public limited company incorporated in 2007. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Tubize. It employs on average 13,2 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0887.125.178
Incorporation
09/02/2007
Legal form
Public limited company
Registered office
Rue François Englert 17 box 2
1480 Tubize · WallonieSee on map
Contributed capital
350 000,00 €
Latest accounts
31/12/2024
Average workforce
13,2 ETP
Activities (NACE)
46431Wholesale of electrical household appliances· main46431Wholesale of electrical household appliances46643Wholesale of machinery for the textile industry and of sewing and knitting machines46693Wholesale of other machinery and equipment51430Air transport68201Rental and operating of own or leased real estate+5
Joint committees (2)
  • 14901
  • 200
Signals
Good liquidityHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242023202220212020201920182017201620152014201320122011201020092008
Income statement
Revenue15,9 M €21,8 M €20,7 M €22,5 M €18,8 M €23,6 M €26 M €35,2 M €29,5 M €25,4 M €–––––––
EBITDA-3,7 M €73,3 k €245,7 k €944,6 k €466,8 k €1,3 M €1,9 M €3,2 M €3,6 M €3,7 M €2,9 M €1,7 M €1,8 M €1,6 M €1,4 M €875,1 k €402,7 k €
Operating result-3,4 M €36,2 k €5,4 k €341,4 k €278,1 k €922,7 k €1,6 M €3,1 M €3,6 M €3,7 M €2,7 M €1,7 M €1,6 M €1,6 M €1,3 M €851,6 k €364,6 k €
Net result-3,8 M €-392,2 k €46,7 k €-3 k €80,8 k €472,8 k €1,2 M €2,5 M €2,7 M €2,2 M €1,8 M €1,1 M €998,4 k €999,5 k €1,1 M €543,2 k €270,2 k €
Balance sheet
Equity2,5 M €6,3 M €6,7 M €6,7 M €6,7 M €6,6 M €6,1 M €5,8 M €5,5 M €4,3 M €2,1 M €1,3 M €1,1 M €928,3 k €780,8 k €377,4 k €116,2 k €
Total assets16,3 M €22,5 M €21,3 M €23 M €21,9 M €19,2 M €16,9 M €19,1 M €18 M €15,7 M €11,5 M €9,5 M €6,6 M €6,1 M €5,6 M €3,5 M €2,5 M €
Cash1,1 M €865,9 k €880,3 k €3,7 M €4 M €2,8 M €2,7 M €1,3 M €1,7 M €163,8 k €509,1 k €370 k €338,7 k €487,9 k €255,9 k €174,1 k €242,4 k €
Debts13,7 M €15,7 M €14 M €16,1 M €15,1 M €12,5 M €10,7 M €13,2 M €12,5 M €11,4 M €9,4 M €8 M €5,3 M €5,2 M €4,7 M €3 M €2,4 M €
Other
Workforce13,2 ETP15,3 ETP14,6 ETP13,5 ETP15,2 ETP15,2 ETP14,1 ETP13,7 ETP13,0 ETP18,7 ETP18,3 ETP13,5 ETP11,6 ETP4,8 ETP4,8 ETP3,5 ETP2,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 26 ended

Active mandates

Lotronic International Group

Director · since 27 novembre 2015 · 0642.969.943

Active

Ended mandates

Lotronic International Group

Managing director · since 16 décembre 2019 · 0642.969.943

Represented by Pierre Ghennassia

Ended
Alsi Management

Managing director · since 05 juin 2018 · until 16 décembre 2019 · 0663.921.844

Represented by Eric LE BRUN

Ended
Alsi Management

Managing director · since 05 juin 2018 · 0663.921.844

Represented by Eric LE BRUN

Ended
Alsi Management

Director · since 02 novembre 2017 · until 16 décembre 2019 · 0663.921.844

Represented by Eric Le Brun

Ended
At this address

Other companies at this address

CompanyCBE no.
JACQUET BELGIUM● Active
0420.035.932
Lotronic International Group● Bankrupt
0642.969.943
Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/04/202602/07/202421/08/202330/08/202230/09/202130/10/2020
General meeting15/07/202504/06/202427/06/202317/06/202228/06/202122/07/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full modelCorrection31/12/202415/07/202523/04/2026FrenchPDF
Full model31/12/202415/07/202518/08/2025FrenchPDF
Full model31/12/202304/06/202402/07/2024FrenchPDF
Full model31/12/202227/06/202321/08/2023FrenchPDF
Full model31/12/202117/06/202230/08/2022FrenchPDF
Full model31/12/202028/06/202130/09/2021FrenchPDF
Full model31/12/201922/07/202030/10/2020FrenchPDF
Full model31/12/201804/06/201925/06/2019FrenchPDF
Full model31/12/201705/06/201820/06/2018FrenchPDF
Full model30/09/201624/03/201713/04/2017FrenchPDF
Full modelCorrection30/09/201524/03/201607/03/2017FrenchPDF
Full model30/09/201524/03/201626/04/2016FrenchPDF
Abridged model30/09/201406/03/201505/05/2015FrenchPDF
Abridged model30/09/201307/03/201428/05/2014FrenchPDF
Abridged model30/09/201201/03/201303/05/2013FrenchPDF
Abridged model30/09/201105/04/201231/05/2012FrenchPDF
Abridged model30/09/201003/05/201131/05/2011FrenchPDF
Abridged model30/09/200905/03/201031/05/2010FrenchPDF
Abridged model30/09/200830/01/200929/04/2009FrenchPDF
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 31/12/2024 · 1 active · 26 ended

Active mandates

Lotronic International Group

Director · since 27 novembre 2015 · 0642.969.943

Active

Ended mandates

Lotronic International Group

Managing director · since 16 décembre 2019 · 0642.969.943

Represented by Pierre Ghennassia

Ended
Alsi Management

Managing director · since 05 juin 2018 · until 16 décembre 2019 · 0663.921.844

Represented by Eric LE BRUN

Ended
Alsi Management

Managing director · since 05 juin 2018 · 0663.921.844

Represented by Eric LE BRUN

Ended
Alsi Management

Director · since 02 novembre 2017 · until 16 décembre 2019 · 0663.921.844

Represented by Eric Le Brun

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/09/2023
    SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/02/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/01/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/01/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/01/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/07/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares30/03/2021
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates30/12/2019
    DEMISSIONS, NOMINATIONS
    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. 2024
    Annual accounts 2024-3,8 M €↓
  2. 2023
    Annual accounts 2023-392,2 k €↓
  3. 2022
    Annual accounts 202246,7 k €↑
  4. 2021
    Annual accounts 2021-3 k €↓
  5. 2020
    Annual accounts 202080,8 k €↓
  6. 2019
    Annual accounts 2019472,8 k €↓
  7. 2018
    Annual accounts 20181,2 M €↓
  8. 2017
    Annual accounts 20172,5 M €↓
  9. 2016
    Annual accounts 20162,7 M €↑
  10. 2015
    Annual accounts 20152,2 M €↑
  11. 2014
    Annual accounts 20141,8 M €↑
  12. 2013
    Annual accounts 20131,1 M €↑
  13. 2012
    Annual accounts 2012998,4 k €↓
  14. 2011
    Annual accounts 2011999,5 k €↓
  15. 2010
    Annual accounts 20101,1 M €↑
  16. 2009
    Annual accounts 2009543,2 k €↑
  17. 2008
    Annual accounts 2008270,2 k €
  18. 09/02/2007
    IncorporationPublic limited company