Equity
€91,456 ▲ 75.6%
Loreland paid out €35,294 in dividends. That is 47% of the 2025 profit.
Loreland
Lifetime
10 annual accounts with figures on one time axispeak €105,990 (2025)
€105,990▲ 292%
lowest -€19,971 (2022)
€74,670▲ 286%
peak €91,456 (2025)
€91,456▲ 75.6%
€115,844▲ 300%
peak 0.5 FTE (2020)
-not published
Board3 names since 2015
2 directorsTEGENBOS Roeland and 1 other
Documentsfilings and deeds
14-04-202616 days before the deadline
2025micro format
Gross margin from €27,052 to €105,990Result from €19,359 to €74,670Dividend €35,294Equity from €52,080 to €91,456Debts from €28,977 to €115,844Investments €81,549
Key points
from the 2025 annual accountsResult
€74,670 ▲ 286%
The result rose in 2025 from €19,359 to €74,670.
Debts
€115,844 ▲ 300%
Debts rose by €86,867 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€81,549 12.3 × depreciation
Green is investment, beige is depreciation.
Filings
10 annual accounts since 2016
The last five annual accounts were filed 16 to 55 days before the end of the period.
Position in the sector
€74,670
Higher net result than 91% of companies in telecommunications. Sector median €6,755 · 332 companies.
Checked score
89
Excellent
Financially stronger than 72% of micro companies in telecommunications (NACE 61)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.8% across 527 companies (NACE 61, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.4%▲ +0.1 percentage points vs 12-2024highest value
02-2025: 0.3%▼ -0.1 percentage points vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.1%▼ -0.2 percentage points vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.3%▲ +0.2 percentage points vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Telecommunications (NACE 61)
lowers risk
Liquidity: current ratio 1.86, cash €33,049, halved
Founded in 2015
Equity €91,456 (44.1% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 61, micro). It does better than 52% of them on solvency, 58% on liquidity, 91% on profitability and 87% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as Loreland has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Loreland itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for Loreland. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.86 (2.8 in 2024), above the usual 1.5. Short-term debt is 34.3% and cash 15.9% of total assets. However, 55.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 14-04-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 days early
2024
55 days early
2023
20 days early
2022
41 days early
2021
32 days early
2020
59 days early
2019
37 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 61), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end07-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0635809363
Company renamed from Breinsmid to Loreland
Change of role: TEGENBOS Roeland, from manager to director · Appointment: MAES Lore (director) · Director discharge: TEGENBOS Roeland · General meeting of 16-06-2023 · Gazette deed
Registered office moved within Herentals
New registered office: Mereldreef 19 2200 Herentals · Previous registered office: Grote Markt 26 bus 101 te 2200 Herentals · Board meeting of 06-09-2022 · Gazette deed
Resignation: Maarten Somers (director)
Director discharge: Maarten Somers · General meeting of 22-03-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Loreland Herentals | €207,300 | €105,990 | 44.1% | - |
| CPS Turnhout | €202,590 | €117,970 | 91.7% | - |
| CERTIOS Brussels | €203,405 | €82,245 | 49.9% | - |
| N. PARISSE Walcourt | €250,988 | €147,798 | 48.9% | - |
| M.S. GESTION ET SERVICES Farciennes | €254,614 | €133,891 | 8.3% | - |
| Belgum Ninove | €259,232 | €71,820 | 66.9% | - |
| Vicanto Networks Roeselare | €362,349 | €78,975 | 73.9% | - |
These companies have the same main activity as Loreland: wired, wireless and satellite telecommunications (NACE 61100). They are comparable in size and age: total assets between €203,000 and €362,000, founded between 2013 and 2017.
Official details
Source: KBO- Status
- Active since 27-08-2015Normal situation
- Activity
- Wired, wireless and satellite telecommunicationsNACE 61100
- Establishment unit
- 2.246.877.3162200 Herentals, since 01-10-2015
- Financial year end
- 30 September
- Peppol
- Reachable since 21-12-2024
Annual accounts to 30-09-2025
- ≈ €270,000estimated
- €207,300▲ 156%
- Filing
- Filed on 14-04-2026, 16 days before the end of the filing period
Insights on Loreland
Loreland files the micro format. That format states no turnover. The gross margin rose from €40,438 in 2016 to €105,990 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Loreland
- What is the company number of Loreland?
- The company number of Loreland is 0635.809.363. The VAT number is the same number with BE in front: BE 0635.809.363.
- Where is Loreland based?
- The registered office is at Mereldreef 19, 2200 Herentals.Company details
- What does Loreland do?
- According to the KBO register, the main activity is wired, wireless and satellite telecommunications (NACE 61100).
- What is the legal form of Loreland?
- Loreland is a private limited company (BV).
- When was Loreland founded?
- Loreland was founded on 27-08-2015.
- Is Loreland still active?
- Yes, Loreland is an active enterprise in the KBO register.
- How many employees does Loreland have?
- Loreland had an average of 0.5 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of Loreland?
- The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €105,990 and 2,207 comparable companies of the same size. It probably lies between €180,000 and €410,000. It is a rough estimate.
- Is Loreland profitable?
- In financial year 2025, Loreland made a profit of €74,670.
- Where can I find the annual accounts of Loreland?
- Loreland filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Loreland due?
- Loreland must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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