LO_TEK
ActiveSummary
LO_TEK has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109,922 and a net result of €9,407. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 80% of 9743 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability57▼-28
Solvency100▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 7.48 against 4.8 in 2024; short-term debt: 13.2% and cash: 14.8% of total assets), and 19% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81%
Return on assets
6.9%
Age of the figures
12 mo
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 22-04-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
30 d early
2023
2 d late
2022
25 d late
2021
39 d late
2020
on the day
2019
43 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 3 May (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close01-10-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€109,922▲ 9.4%
2024 · €100,515
Total assets
€135,628▼ 1.5%
2024 · €137,624
Net result
€9,407▼ 48.4%
2024 · €18,239
Working capital
€116,504▲ 7.1%
2024 · €108,755
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€9,723▼ 56.7%€11,891▲ 22.3%€30,032▲ 153%€26,062▼ 13.2%€15,088▼ 42.1%
Net result€5,583within the sector's middle half▼ 63.1%€6,716within the sector's middle half▲ 20.3%€15,602within the sector's middle half▲ 132%€18,239within the sector's middle half▲ 16.9%€9,407within the sector's middle half▼ 48.4%
Equity€59,958within the sector's middle half▲ 10.3%€66,674within the sector's middle half▲ 11.2%€82,276within the sector's middle half▲ 23.4%€100,515within the sector's middle half▲ 22.2%€109,922within the sector's middle half▲ 9.4%
Total assets€161,012within the sector's middle half▲ 3.3%€117,075within the sector's middle half▼ 27.3%€122,878within the sector's middle half▲ 5.0%€137,624within the sector's middle half▲ 12.0%€135,628within the sector's middle half▼ 1.5%
Debt€101,055▼ 0.4%€50,402▼ 50.1%€40,602▼ 19.4%€37,109▼ 8.6%€25,706▼ 30.7%
Working capital€72,028within the sector's middle half▲ 8.3%€79,049within the sector's middle half▲ 9.7%€93,456within the sector's middle half▲ 18.2%€108,755within the sector's middle half▲ 16.4%€116,504above the sector's middle half▲ 7.1%
Solvency37.2%within the sector's middle half▲ 2.3pp56.9%within the sector's middle half▲ 19.7pp67.0%within the sector's middle half▲ 10.0pp73.0%within the sector's middle half▲ 6.1pp81.0%above the sector's middle half▲ 8.0pp
Current ratio1.82within the sector's middle half▲ 0.063.13within the sector's middle half▲ 1.314.24above the sector's middle half▲ 1.114.80above the sector's middle half▲ 0.567.48above the sector's middle half▲ 2.68
Return on assets (ROA)3.5%within the sector's middle half▼ 6.2pp5.7%within the sector's middle half▲ 2.3pp12.7%within the sector's middle half▲ 7.0pp13.3%within the sector's middle half▲ 0.6pp6.9%within the sector's middle half▼ 6.3pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €135,628
Fixed assets
€1,156 ▲ 357%
Current assets
€134,472 ▼ 2.1%
Equity and liabilities €135,628
Equity
€109,922 ▲ 9.4%
Debt
€25,706 ▼ 30.7%
Debt's share of the balance-sheet total falls from 27.0% to 19.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15,465▼
2024 · €26,367
Cash flow
€9,784▼
2024 · €18,544
Debt to equity
0.23▼
2024 · 0.37
ROE
8.6%▼
2024 · 18.1%
Interest coverage
3.59▼
2024 · 7.65
Debt ≤ 1 year
€17,968▼
2024 · €28,615
Debt > 1 year
€7,738=
2024 · €7,738
Income taxes
€5,756▼
2024 · €8,338
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €305 | €305 | €305 | €305 | €377 | ▲ 23.6% |
| Other operating charges640/8 | €1,688 | €463 | €744 | €534 | €512 | ▼ 4.1% |
| Gross operating margin9900 | €11,716 | €12,659 | €31,081 | €26,901 | €15,978 | ▼ 40.6% |
| Operating profit (loss)9901 | €9,723 | €11,891 | €30,032 | €26,062 | €15,088 | ▼ 42.1% |
| Financial income75/76B | €4,254 | €4,160 | €3,497 | €3,962 | €4,378 | ▲ 10.5% |
| Recurring financial income75 | €4,254 | €4,160 | €3,497 | €3,962 | €4,378 | ▲ 10.5% |
| Financial charges65/66B | €4,101 | €4,648 | €6,844 | €3,446 | €4,304 | ▲ 24.9% |
| Recurring financial charges65 | €4,101 | €4,648 | €6,844 | €3,446 | €4,304 | ▲ 24.9% |
| Profit (loss) for the period before taxes9903 | €9,877 | €11,404 | €26,685 | €26,578 | €15,162 | ▼ 43.0% |
| Income taxes67/77 | €4,294 | €4,688 | €11,083 | €8,338 | €5,756 | ▼ 31.0% |
| Profit (loss) for the period9904 | €5,583 | €6,716 | €15,602 | €18,239 | €9,407 | ▼ 48.4% |
| Profit (loss) for the period to be appropriated9905 | €5,583 | €6,716 | €15,602 | €18,239 | €9,407 | ▼ 48.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €161,012 | €117,075 | €122,878 | €137,624 | €135,628 | ▼ 1.5% |
| Fixed assets21/28 | €1,168 | €863 | €558 | €253 | €1,156 | ▲ 357% |
| Tangible fixed assets22/27 | €1,168 | €863 | €558 | €253 | €1,156 | ▲ 357% |
| Plant, machinery and equipment23 | €1,168 | €863 | €558 | €253 | €1,156 | ▲ 357% |
| Current assets29/58 | €159,844 | €116,212 | €122,320 | €137,371 | €134,472 | ▼ 2.1% |
| Amounts receivable after more than one year29 | €146,061 | €94,511 | €94,511 | €94,511 | €94,511 | = |
| Other amounts receivable291 | €146,061 | €94,511 | €94,511 | €94,511 | €94,511 | = |
| Amounts receivable within one year40/41 | €6,404 | €17,318 | €24,312 | €32,305 | €15,545 | ▼ 51.9% |
| Trade receivables40 | €6,404 | €8,925 | €8,925 | €8,211 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €8,393 | €15,387 | €24,094 | €15,545 | ▼ 35.5% |
| Cash at bank and in hand54/58 | €7,205 | €157 | €0 | €6,550 | €20,052 | ▲ 206% |
| Deferred charges and accrued income490/1 | €174 | €4,226 | €3,496 | €4,004 | €4,364 | ▲ 9.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €161,012 | €117,075 | €122,878 | €137,624 | €135,628 | ▼ 1.5% |
| Equity10/15 | €59,958 | €66,674 | €82,276 | €100,515 | €109,922 | ▲ 9.4% |
| Contributions10/11 | €7,640 | €7,640 | €7,640 | €7,640 | €7,640 | = |
| Reserves13 | €52,318 | €59,034 | €74,636 | €92,875 | €102,282 | ▲ 10.1% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | €50,458 | €57,174 | €72,776 | €92,875 | €102,282 | ▲ 10.1% |
| Amounts payable17/49 | €101,055 | €50,402 | €40,602 | €37,109 | €25,706 | ▼ 30.7% |
| Amounts payable after more than one year17 | €13,238 | €13,238 | €11,738 | €7,738 | €7,738 | = |
| Financial debts170/4 | €13,238 | €13,238 | €11,738 | €7,738 | €7,738 | = |
| Amounts payable within one year42/48 | €87,816 | €37,163 | €28,864 | €28,615 | €17,968 | ▼ 37.2% |
| Financial debts43 | - | €1,376 | €1,431 | €0 | - | - |
| Credit institutions430/8 | - | €1,376 | €1,431 | €0 | - | - |
| Trade debts44 | €8,167 | €9,500 | €3,001 | €1,317 | €8,220 | ▲ 524% |
| Suppliers440/4 | €8,167 | €9,500 | €3,001 | €1,317 | €8,220 | ▲ 524% |
| Advances received on contracts in progress46 | €7,514 | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | €25,484 | €14,788 | €12,932 | €15,799 | €9,748 | ▼ 38.3% |
| Taxes450/3 | €16,784 | €14,788 | €12,932 | €15,799 | €9,748 | ▼ 38.3% |
| Remuneration and social security454/9 | €8,700 | €0 | - | - | - | - |
| Other amounts payable47/48 | €46,651 | €11,500 | €11,500 | €11,500 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €755 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,583 | €6,716 | €15,602 | €18,239 | €9,407 | ▼ 48.4% |
| + Depreciation and write-downs630 | €305 | €305 | €305 | €305 | €377 | ▲ 23.6% |
| Operating cash flow (approximation) | €5,888 | €7,021 | €15,907 | €18,544 | €9,784 | ▼ 47.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€1,280 | - |
| Change in cash | - | -€7,048 | -€157 | €6,550 | €13,502 | ▲ 106% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2019net €18,239 ▲16.9%
Net result €18,239, the highest in the series.
30-09
Financial
Equity above €100,000Eq €100,515 ▲22.2%
6 profitable years in a row build equity to €100,515.
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 39 days late
2021
30-09
Financial
Weakest financial yearnet €5,583 ▼63.1%
Net result drops to €5,583, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 43 days late
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 122 days late
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 236 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2009
Ground area
1,671 m²
Building footprint
180 m²
Volume, LiDAR
774 m³
Parcel 71028B0225/00L000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Regenbooglaan 10, 3510 Hasselt
since 20092.183.608.372
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71028B0225/00L000 | Flanders | 1,671 m² | 1 · 180 m² | 6.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,567 companies in this sector we hold annual accounts for 6,567. 5,237 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded23-11-2009
Fiscal year end30-09
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0820806179
Also
9925:BE0820806179
Registered
21-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.