Equity
€106,838 from €241,425 in 2019
Equity fell by 56% in 6 years.
LO - FINANCE
Lifetime
9 annual accounts with figures on one time axispeak €1.1m (2024)
€1.1m▼ 1.9%
peak €655,734 (2023)
€168,839▲ 9.5%
peak €241,425 (2019)
€106,838▲ 57.1%
€1.7m▼ 13.4%
peak 9.2 FTE (2019)
6.1 FTE▼ 7.6%
Board5 names since 2016
3 directorsMALO INVEST and 2 others
Owners4 names in the annual accounts
Documentsfilings and deeds
05-08-20265 days late
2025abbreviated format
Equity from €67,999 to €106,838Cash from €98,411 to €14,533
Key points
from the 2025 annual accountsTurnover
≈ €1.8m estimated
The abbreviated format states no turnover.
Debts
€1.7m 94% of the balance sheet
Financial debts 65%Suppliers 6%Taxes and wages 4%Other 25%
Of this, €538,228 falls due within a year.
Investments
€8,179 0.0 × depreciation
Green is investment, beige is depreciation. Machinery stands 75.9% higher than in 2024.
Staff
6.1 FTE from 9.2 in 2019
Between 2019 and 2025, 34% of the full-time equivalents disappeared.
Position in the sector
6.0%
Lower solvency than 89% of companies in financial services. Sector median 50.8% · 6,710 companies.
2025 accounts filed 5 days after the deadlineFinancial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Three signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 6710 sector peers (2025).
NBB · sector comparisonPosition among 6710 sector peers
Solvency
better than 10%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €106,838
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
5 days late
2024
on the day
2023
6 days early
2022
11 days early
2021
5 days early
2020
19 days early
2019
4 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 6 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.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (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
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
MI
MALO INVEST
Director, Van Bruyssel Frederic
MB
Micama Besloten vennootschap
Director
- MICAMA 40%equity €540,229 (2025) · 2025 annual accounts of MICAMA
- MG MANAGEMENT & INVEST 10%score 71equity €73,125 (2025) · 2023 annual accounts of MG MANAGEMENT & INVEST
Recent changes
Resignation: BV KAIVKA (director)
Permanent representative: Ivan Hulpiau · Director discharge: BV KAIVKA · General meeting of 30-04-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0655860352
4 directors appointed
MG MANAGEMENT & INVEST, KAIVKA, MALO INVEST and MICAMA · Permanent representatives: Mathieu Godfroid, Hulpiau Ivan, Van Bruyssel Frederic and De Blieck Kurt · MALO INVEST holds 100 shares · Gazette deed
Changes of role: KAIVKA, MALO INVEST and MICAMA
Permanent representatives: Hulpiau Ivan, Van Bruyssel Frederic and De Blieck Kurt · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LO - FINANCE Lochristi | €1.8m | €1.1m | 6.0% | 6.1 |
| KEMPEN ADVIES Ravels | €1.9m | €1.3m | 85.2% | 8.8 |
| ELS DE CRAIM Liedekerke | €1.2m | €0.7m | 32.7% | 6.2 |
| HIVE Finances Seneffe | €1.5m | €1.1m | 79.5% | 5 |
| SEDORS Zedelgem | €2.3m | €1.0m | 20.2% | 3.6 |
| AVD Verzekeringen Ghent | €0.7m | €0.6m | 41.8% | 4.4 |
| CONESSENCE Ghent | €1.7m | €0.5m | 4.2% | 4.6 |
These companies have the same main activity as LO - FINANCE: other financial services (NACE 64999). They are comparable in size and age: total assets between €711,000 and €2.3m, founded between 2009 and 2017.
Official details
Source: KBO- Status
- Active since 30-05-2016Normal situation
- Activity
- Other financial servicesNACE 64999and 1 other
- Joint committee
- 341Intermediation in banking and investment services · annual accounts 2025
- Establishment units
- 2.253.676.5219080 Lochristi, since 02-06-2016
- 2.341.085.7939160 Lokeren, since 01-02-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Insights on LO - FINANCE
LO - FINANCE files the abbreviated format. That format states no turnover. The gross margin rose from €896,593 in 2017 to €1.1m 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 LO - FINANCE
- What is the company number of LO - FINANCE?
- The company number of LO - FINANCE is 0655.860.352. The VAT number is the same number with BE in front: BE 0655.860.352.
- Where is LO - FINANCE based?
- The registered office is at Dorp-Oost 19, 9080 Lochristi.Company details
- What does LO - FINANCE do?
- According to the KBO register, the main activity is other financial services (NACE 64999).
- What is the legal form of LO - FINANCE?
- LO - FINANCE is a private limited company (BV).
- When was LO - FINANCE founded?
- LO - FINANCE was founded on 30-05-2016.
- Is LO - FINANCE still active?
- Yes, LO - FINANCE is an active enterprise in the KBO register.
- How many employees does LO - FINANCE have?
- LO - FINANCE had an average of 6.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LO - FINANCE fall under?
- In its 2025 annual accounts, LO - FINANCE states joint committee 341 (Intermediation in banking and investment services).
- What is the turnover of LO - FINANCE?
- The turnover in financial year 2025 is ≈ €1.8m. This figure is estimated from the gross margin of €1.1m and 1,585 comparable companies of the same size. It probably lies between €1.2m and €3.0m. It is a rough estimate.
- Is LO - FINANCE profitable?
- In financial year 2025, LO - FINANCE made a profit of €168,839.
- Where can I find the annual accounts of LO - FINANCE?
- LO - FINANCE filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LO - FINANCE due?
- LO - FINANCE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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