L. & O. PARTNERS
ActiveSummary
L. & O. PARTNERS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €67k and a net result of €-16k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 58% of 878 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability1▼-48
Solvency84▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity ample (current ratio 2.47 against 2.01 in 2023; short-term debt: 39.8% and cash: 17.6% of total assets), and 40.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
59.3%
Return on assets
-14%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-16k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-12-2025, 124 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
124 d late
2023
27 d late
2022
31 d late
2021
116 d late
2020
207 d late
2019
119 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€67k▼ 19.1%
2023 · €83k
2018: €48k
2019: €53k
2020: €68k
2021: €78k
2022: €84k
2023: €83k
2018 → 2024
Total assets
€113k▼ 29.8%
2023 · €161k
2018: €91k
2019: €88k
2020: €106k
2021: €157k
2022: €141k
2023: €161k
2018 → 2024
Net result
€-16k▼ 1,336%
2023 · €-1k
2018: €21k
2019: €5k
2020: €16k
2021: €9k
2022: €6k
2023: €-1k
2018 → 2024
Working capital
€66k▼ 16.7%
2023 · €79k
2018: €44k
2019: €51k
2020: €68k
2021: €77k
2022: €79k
2023: €79k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€68k-€78k▲ 13.3%€84k▲ 8.4%€83k▼ 1.3%€67k▼ 19.1%
Operating result€23k-€14k▼ 39.5%€11k▼ 23.3%€565▼ 94.7%€-16k
Net result€16k-€9k▼ 42.2%€6k▼ 28.9%€-1k€-16k▼ 1,336%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €16k after €565 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €113k
Fixed assets
€2k ▼ 42.2%
Current assets
€111k ▼ 29.5%
Equity and liabilities €113k
Equity
€67k ▼ 19.1%
Debt
€46k ▼ 41.1%
Debt's share of the balance-sheet total falls from 48.5% to 40.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-14k▼
2023 · €2k
Cash flow
€-14k▼
2023 · €476
Current ratio
2.47▲
2023 · 2.01
Debt to equity
0.69▼
2023 · 0.94
ROE
-23.6%▼
2023 · -1.3%
ROA
-14.0%▼
2023 · -0.7%
Interest coverage
-45.84▼
2023 · 3.70
Debt ≤ 1 year
€45k▼
2023 · €78k
Income taxes
€9▼
2023 · €1k
Staff costs
€41k▲
2023 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€161k€113k▼
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€50€50=
Current assets29/58€157k€111k▼
Amounts receivable within one year40/41€110k€91k▼
Trade receivables40€110k€85k▼
Other amounts receivable41-€5k
Cash at bank and in hand54/58€46k€20k▼
Deferred charges and accrued income490/1€894€439▼
Equity and liabilities
Total equity and liabilities10/49€161k€113k▼
Equity10/15€83k€67k▼
Contributions10/11€25k€25k=
Reserves13€50k€35k▼
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€45k€30k▼
Profit (loss) carried forward14€8k€7k▼
Amounts payable17/49€78k€46k▼
Amounts payable within one year42/48€78k€45k▼
Trade debts44€48k€19k▼
Suppliers440/4€48k€19k▼
Taxes, remuneration and social security45€15k€17k▲
Taxes450/3€6k€2k▼
Remuneration and social security454/9€9k€14k▲
Other amounts payable47/48€15k€9k▼
Accrued charges and deferred income492/3-€980
Income statement
Code20232024
Remuneration, social security and pensions62€40k€41k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€545€521▼
Gross operating margin9900€43k€28k▼
Operating profit (loss)9901€565€-16k▼
Financial income75/76B€160€41▼
Recurring financial income75€160€41▼
Financial charges65/66B€579€305▼
Recurring financial charges65€579€305▼
Profit (loss) for the period before taxes9903€145€-16k▼
Income taxes67/77€1k€9▼
Profit (loss) for the period9904€-1k€-16k▼
Profit (loss) for the period to be appropriated9905€-1k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-8k▼
Profit (loss) brought forward from the previous period14P€9k€8k▼
Transfer from equity791/2-€15k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 124 days late
2024
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 116 days late
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 207 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue d'Arquet 525000 NamurGround area
1,088 m²
Building footprint
104 m²
Volume, LiDAR
657 m³
2 parcels, Wallonia · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GIL TROPHEE
since 20032.127.003.330
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92003H0816/00Y000 | Wallonia | 839 m² | 1 · 33 m² | - |
| 92094B0052/00H004 | Wallonia | 249 m² | 1 · 71 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Adrem Groupe Intermédia
BE 0722.886.065
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Nieuwjaarsbrieven
BE 0753.950.712
Deinze · Eq €71k
GOLEM
BE 0433.728.570
Sint-Pieters-Woluwe · Eq €72k
GVR Solutions
BE 0762.638.645
Dendermonde · Eq €73k
EUROPUBLIDIS
BE 0454.471.031
Waterloo · Eq €61k
Of 718 companies in sector 58190 we hold annual accounts for 214. 146 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-03-2003
Fiscal year end31-12
Activities, NACEBEL 2025
32990Other manufacturing not elsewhere classified
58190Other publishing activities, excluding software publishing
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.