Summary
L.O.F. is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €564,709 and a net result of €41,189. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 81% of 9,754 sector peers (NACE 64, financial year 2025). The company has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 26-09-1984 Normal situation
- Activity
- Activities of holding companies NACE 64210
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2021
- Establishment unit
- 2.025.372.074 8560 Wevelgem, since 01-10-1984
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Financial position
- Profit
- €41,189
- ▼ 17.4%
- Equity
- €564,709
- ▲ 7.9%
- Total assets
- €679,297
- ▲ 8.0%
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
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Key points
Recent changes
- · Gazette deed Reappointments: LECOUTERE Philip (director) and COTTYN Isabelle (director)
Comparable companies
These companies have the same main activity as L.O.F.: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €557,000 and €773,000, founded between 1981 and 1988.
| Company | Total assets | Gross margin |
|---|---|---|
| L.O.F. Wevelgem | €679,297 | €66,745 |
| BEPA DEPAUW Wingene | €658,949 | €74,137 |
| SADOK Tielt | €741,791 | €84,042 |
| Strybol De Rotonde Maldegem | €679,900 | €61,758 |
| LOVAN Begijnendijk | €617,607 | €58,599 |
| IT .V Consulting Company Boortmeerbeek | €773,142 | €73,075 |
| RAVELSBERG VASTGOED Antwerpen | €557,403 | €72,258 |
Key facts about L.O.F.
- What is the company number of L.O.F.?
- The company number of L.O.F. is 0426.247.692. The VAT number is the same number with BE in front: BE 0426.247.692.
- Where is L.O.F. based?
- The registered office is at Koningin Fabiolastraat 109, 8560 Wevelgem.Company details
- What does L.O.F. do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of L.O.F.?
- The legal form of L.O.F. is Private limited company (BV).
- When was L.O.F. founded?
- L.O.F. was founded on 26-09-1984.
- Is L.O.F. still active?
- Yes, L.O.F. is an active enterprise in the KBO register.
- How many employees does L.O.F. have?
- L.O.F. had an average of 3.2 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- Which joint committee does L.O.F. fall under?
- In its 2021 annual accounts, L.O.F. states joint committee 302 (Paritair Comité voor het hotelbedrijf).
- What is the turnover of L.O.F.?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €66,745 and 39 comparable companies (NACE 64210). It probably lies between €99,000 and €190,000.
- Is L.O.F. profitable?
- In financial year 2025, L.O.F. made a profit of €41,189.
- Where can I find the annual accounts of L.O.F.?
- L.O.F. filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of L.O.F. due?
- L.O.F. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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