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Loar

Active
Private limited companyfounded 2011active for 15 yearsZwaluwweg 23, 3140 Keerbergen, BelgiumKBO/BCE: BE 0838.221.936
Summary

The computed 12-month bankruptcy probability of Loar is 4.4% (elevated). The 2024 annual accounts show equity of €1.1m and a net result of €192,640. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 62% of 997 sector peers (NACE 95, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes)
NACE 95311
Largest company by total assets in Keerbergen, Other services sector2 sites
Size
€1.9mtotal assets 2024
Staff
3 FTE
Equity
€1.1m
Profit
€192,640
Turnover not published (abbreviated format)
Financial health
41 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.4%
Structure
Accounts 75 days overdue1 of 3 deeds read
Why 41raises riskFigures for financial year 2024 (filed 10-11-2025)1 change of registered office in 24 months1 financial year not filed after the legal deadline; latest accounts 92 days late; 1 of the last 3 latelowers riskFounded in 2011Show the evidence

Checked score

Score 2024
41 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 65% of its sector peers (NACE 95, micro)
Financial strength · tick = 2023
Strong
Solvency 82-18
equity 56.9% of total assets
Liquidity 58-36
short-term debt 8.3% · cash 6.7%
Profitability 82-7
return on assets 10.4%
Bankruptcy probability, 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,114 companies, NACE 95, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.3 percentage points vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 1.0%▲ +0.5 percentage points vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.1%▲ +0.1 percentage points vs 03-2026 05-2026: 1.2%▲ +0.1 percentage points vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.4%▲ +0.2 percentage points vs 06-2026 08-2026: 1.9%▲ +0.5 percentage points vs 07-2026 09-2026: 2.4%▲ +0.5 percentage points vs 08-2026 10-2026: 4.4%▲ +2.0 percentage points vs 09-2026highest value
Credit of up to €40,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 2.99, compared with 5.17 in 2023, above the usual 1.5; short-term debt: 8.3% and cash: 6.7% of total assets), and 43.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 95, micro): better than 67% on solvency, 59% on liquidity, 66% on profitability and 70% on growth.

The bankruptcy probability was computed on 13-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 10-11-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 92 days late; 1 of the last 3 late
NBB · filings
lowers risk · Founded in 2011
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 75 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
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 31-10-2025, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
92 days late
2023
17 days late
2022
on the day
2021
31 days late
2020
on the day
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 39 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Registered officeRegistered-office move
  3. Highest result from 2018 to 2024net €192,640 ▲8.9%

Key points

  • Positive: Largest company by total assets in Keerbergen, Other services sectorin the Checked rankings No. 1 View
  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View
  • Positive: 7 profitable years in a rowprofit 2024: €192,640 7 years View

By topic

Financials

Financial year
2024
Total assets
€1.9m
Profit
€192,640
Solvency
56.9%
Total assets▲ 74.3%
Net result
20182024
Go to Financials

Timeline

Events
17
Since
2013
  1. 31-12-2024Equity above €1m
  2. 17-08-2024Annual accounts filed
  3. 31-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
General maintenance and repair of cars and light…NACE 95311
Founded
31-07-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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