LOCA VIM
InactiveOverview
Activity
“L'achat,la vente,l'importation,l'exportation,la location de tous véhicules avec ou sans moteur,neufs ou d'occasion,tels que vélos,vélos…” (deed in French)
From the articles, 6 activitiesNo NACE code in the KBO yet
Size
≈ €270,000turnover 2022, estimated
- Staff
- 1 FTE
- Equity
- €240,335
- Profit
- €8,372
Turnover estimated from the gross margin
Financial health
Inactive: no score
Signalsraises riskTwo or more financial years not filedneutralLatest accounts filed on timeShow the evidence
Signals
Two signals.
raises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 year end31-07-2024 deadline31-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 27-07-2023, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
4 days early
2021
5 days early
2020
26 days early
2019
51 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 22 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Restructuring · End & cessationMerger · Accounting effect ·…
- Annual accounts filedfinancial year 2022 · micro…
- Legal-form change · RestructuringResignation: Daniel DELVAUX (manager) ·…
Financials · financial year 2022, micro format
Turnover
€719,925
EBIT margin
3.5%
Net result
€8,372
2021 · -€29,889
Working capital
€133,574▲ 21.8%
2021 · €109,656
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result has fallen two years in a row; 2022 is 37% below 2021 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€16,002
2022
Net result€8,372
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€308,987
2022
Equity€240,335
2022
Debt€68,653
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€133,574
2022
Average staff in full-time equivalents (FTE).
Staff (FTE)1
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Turnover€719,925
Operating result€20,606-€32,678▲ 58.6%€179,209▲ 448%€25,321▼ 85.9%€16,002▼ 36.8%
Net result€1,482-€18,142▲ 12×€164,454▲ 806%-€29,889€8,372
EBIT margin3.5%
Equity€76,553-€94,695▲ 23.7%€259,149▲ 174%€231,963▼ 10.5%€240,335▲ 3.6%
Total assets€334,685-€311,558▼ 6.9%€404,100▲ 29.7%€473,007▲ 17.1%€308,987▼ 34.7%
Debt€258,132-€216,863▼ 16.0%€144,951▼ 33.2%€241,044▲ 66.3%€68,653▼ 71.5%
Working capital-€54,754--€31,730▲ 42.0%€128,230€109,656▼ 14.5%€133,574▲ 21.8%
Staff (FTE)0.5-0.5=1▲ 100%1
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €308,987
Fixed assets
€110,257 ▼ 19.2%
Current assets
€198,730 ▼ 41.0%
Equity and liabilities €308,987
Equity
€240,335 ▲ 3.6%
Debt
€68,653 ▼ 71.5%
Debt's share of the balance-sheet total falls from 51.0% to 22.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37,914▼
2021 · €57,765
Cash flow
€30,284▲
2021 · €2,555
Current ratio
3.05▲
2021 · 1.48
Debt to equity
0.29▼
2021 · 1.04
ROE
3.5%▲
2021 · -12.9%
ROA
2.7%▲
2021 · -6.3%
Interest coverage
8.76▼
2021 · 9.39
Debt ≤ 1 year
€65,157▼
2021 · €226,905
Debt > 1 year
€3,496▼
2021 · €14,139
Income taxes
€3,385▼
2021 · €49,184
Staff costs
€45,486▼
2021 · €48,628
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €719,925 | - | - |
| Non-recurring operating income76A | - | - | - | €125 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €615,000 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €48,628 | €45,486 | ▼ 6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,079 | €23,809 | €28,566 | €32,444 | €21,912 | ▼ 32.5% |
| Other operating charges640/8 | - | - | - | €3,576 | €4,658 | ▲ 30.2% |
| Gross operating margin9900 | €76,154 | €87,169 | €244,648 | €109,969 | €88,057 | ▼ 19.9% |
| Operating profit (loss)9901 | €20,606 | €32,678 | €179,209 | €25,321 | €16,002 | ▼ 36.8% |
| Financial income75/76B | - | - | - | €127 | €83 | ▼ 34.7% |
| Recurring financial income75 | €565 | €526 | €383 | €127 | €83 | ▼ 34.7% |
| Financial charges65/66B | - | - | - | €6,153 | €4,328 | ▼ 29.7% |
| Recurring financial charges65 | €12,798 | €8,014 | €5,999 | €6,153 | €4,328 | ▼ 29.7% |
| Profit (loss) for the period before taxes9903 | €8,374 | €25,191 | €173,593 | €19,295 | €11,757 | ▼ 39.1% |
| Income taxes67/77 | €6,892 | €7,049 | €9,139 | €49,184 | €3,385 | ▼ 93.1% |
| Profit (loss) for the period9904 | €1,482 | €18,142 | €164,454 | -€29,889 | €8,372 | - |
| Profit (loss) for the period to be appropriated9905 | €1,482 | €18,142 | €164,454 | -€29,889 | €8,372 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €334,685 | €311,558 | €404,100 | €473,007 | €308,987 | ▼ 34.7% |
| Fixed assets21/28 | €183,204 | €163,043 | €163,368 | €136,446 | €110,257 | ▼ 19.2% |
| Tangible fixed assets22/27 | €181,889 | €161,729 | €162,053 | €135,131 | €108,943 | ▼ 19.4% |
| Land and buildings22 | - | - | - | €122,053 | €104,770 | ▼ 14.2% |
| Plant, machinery and equipment23 | - | - | - | €5,155 | €3,337 | ▼ 35.3% |
| Furniture and vehicles24 | - | - | - | €7,923 | €835 | ▼ 89.5% |
| Financial fixed assets28 | €1,315 | €1,315 | €1,315 | €1,315 | €1,315 | = |
| Current assets29/58 | €151,481 | €148,515 | €240,733 | €336,561 | €198,730 | ▼ 41.0% |
| Stocks and contracts in progress3 | €133,628 | €139,956 | €161,293 | €299,000 | - | - |
| Stocks30/36 | - | - | - | €299,000 | - | - |
| Amounts receivable within one year40/41 | €2,526 | €3,245 | €4,181 | €541 | €196,072 | ▲ 362× |
| Trade receivables40 | - | - | - | €541 | €16,418 | ▲ 30× |
| Other amounts receivable41 | - | - | - | - | €179,654 | - |
| Cash at bank and in hand54/58 | €1,422 | €2,477 | €73,843 | €36,794 | €6 | ▼ 100.0% |
| Deferred charges and accrued income490/1 | - | - | - | €226 | €2,653 | ▲ 12× |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €334,685 | €311,558 | €404,100 | €473,007 | €308,987 | ▼ 34.7% |
| Equity10/15 | €76,553 | €94,695 | €259,149 | €231,963 | €240,335 | ▲ 3.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | - | - |
| Issued capital100 | - | - | - | €18,600 | - | - |
| Reserves13 | €2,593 | €2,593 | €2,593 | €2,593 | €2,593 | = |
| Non-distributable reserves130/1 | - | - | - | €2,593 | €2,593 | = |
| Reserves not available under the articles1311 | - | - | - | €2,593 | €2,593 | = |
| Profit (loss) carried forward14 | €55,360 | €73,503 | €237,957 | €210,770 | €219,142 | ▲ 4.0% |
| Amounts payable17/49 | €258,132 | €216,863 | €144,951 | €241,044 | €68,653 | ▼ 71.5% |
| Amounts payable after more than one year17 | €51,897 | €36,618 | €32,449 | €14,139 | €3,496 | ▼ 75.3% |
| Financial debts170/4 | - | - | - | €14,139 | €3,496 | ▼ 75.3% |
| Amounts payable within one year42/48 | €206,235 | €180,245 | €112,502 | €226,905 | €65,157 | ▼ 71.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €18,537 | €15,088 | ▼ 18.6% |
| Financial debts43 | - | - | - | €75,895 | €18,656 | ▼ 75.4% |
| Credit institutions430/8 | - | - | - | €75,895 | €18,656 | ▼ 75.4% |
| Trade debts44 | €27,038 | €24,135 | €32,733 | €64,270 | €15,679 | ▼ 75.6% |
| Suppliers440/4 | - | - | - | €64,270 | €15,679 | ▼ 75.6% |
| Taxes, remuneration and social security45 | - | - | - | €38,415 | €15,734 | ▼ 59.0% |
| Taxes450/3 | - | - | - | €29,521 | €8,089 | ▼ 72.6% |
| Remuneration and social security454/9 | - | - | - | €8,894 | €7,645 | ▼ 14.0% |
| Other amounts payable47/48 | - | - | - | €29,788 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,482 | €18,142 | €164,454 | -€29,889 | €8,372 | - |
| + Depreciation and write-downs630 | €23,079 | €23,809 | €28,566 | €32,444 | €21,912 | ▼ 32.5% |
| Operating cash flow (approximation) | €24,561 | €41,951 | €193,021 | €2,555 | €30,284 | ▲ 12× |
| Investment in fixed assets (approximation) | - | -€3,648 | -€28,891 | -€5,522 | €4,277 | - |
| Change in cash | - | €1,055 | €71,366 | -€37,049 | -€36,788 | ▲ 0.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2022 | micro format | 27-07-2023 | 2023-00288919 |
| 31-12-2021 | full format | 26-07-2022 | 2022-20222462 |
| 31-12-2020 | full format | 05-07-2021 | 2021-31200369 |
| 31-12-2019 | full format | 10-06-2020 | 2020-16600378 |
| 31-12-2018 | full format | 18-06-2019 | 2019-19500559 |
| 31-12-2017 | full format | 31-07-2018 | 2018-41800562 |
| 31-12-2016 | full format | 21-08-2017 | 2017-47100577 |
| 31-12-2015 | full format | 18-08-2016 | 2016-43900585 |
| 31-12-2014 | full format | 29-07-2015 | 2015-38000302 |
| 31-12-2013 | full format | 07-08-2014 | 2014-41100379 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, last change in 2022
Eric DE DECKER
CurrentSole director · since 09-08-2022
Stanislaw SMOL
CurrentManager · since 19-06-2023 · from a recent deed
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 4 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
3 people since 2022, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Eric DE DECKER |
|
| Stanislaw SMOLfrom an act |
|
| Luc COLLEYE |
|
Owners and capital
Owners
1 ownerChain of control
Highest known parent: EMDD. The sources do not say who stands above it.
Owners 1
-
100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 20-09-2023 ↗
- CYCLES STANY SMOL all shares
Stated in the act
act of 19-06-2023 ↗
- CYCLES STANY SMOL (BE 0475.434.216) all shares · 100%
Stated in the act
act of 25-10-2022 ↗
- CYCLES STANY SMOL (BE 0475.434.216) all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 19-06-2023 Capital stated in the deed · €18,600 · 186 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Acquisitions and mergers
1 transactionTaken over by:CYCLES STANY SMOL
Acts, filings and financial milestones
2023
20-09
Gazette deed
Restructuring · End & cessationMerger · Accounting effect · Shareholding10 facts ▸
Gazette deed
Restructuring · End & cessation
Merger · Accounting effect · Shareholding10 facts ▸
- General meeting, 31-07-2023
- Merger, “associé/actionnaire unique, article 12:50 du Code des sociétés et associations” (deed in French)
- Other provision, “renonciation au droit de recevoir un état intermédiaire de la situation comptable, arrêté dans les trois mois précédant la date du projet de fusion” (deed in French)
- Merger, “dissolution sans liquidation et fusion par absorption par transfert de l'intégralité du patrimoine actif et passif, intégralité du patrimoine actif et passif, r…” (deed in French)
- Accounting effect, 01-01-2023
- Shareholding, CYCLES STANY SMOL
- Other provision, “aucune attribution de parts sociales/actions lors du transfert, toutes les parts sociales/actions de la société absorbée étant détenue par la société absorbante” (deed in French)
- Other provision, “aucun avantage particulier attribué aux membres des organes d'administration de la société absorbée et de la société absorbante, assemblée” (deed in French)
- Other provision, 01-01-2023, “aucune opération ou événement de nature à modifier la situation patrimoniale depuis le 2023-01-01” (deed in French)
- Power of attorney, Eric De DECKER (manager and director)
27-07
NBB filing
Annual accounts filed
financial year 2022 · micro format
19-06
Gazette deed
Legal-form change · RestructuringResignation: Daniel DELVAUX (manager) · Appointment: Stanislaw SMOL (manager) · Permanent representative: Eric Elie Achille Henri DE DECKER28 facts ▸
Gazette deed
Legal-form change · Restructuring
Resignation: Daniel DELVAUX (manager) · Appointment: Stanislaw SMOL (manager) · Permanent representative: Eric Elie Achille Henri DE DECKER28 facts ▸
- Incorporation, 18-11-2002
- Amendment of the articles (2 times)
- Capital, €18,600
- Other provision, “immatriculation, RPM Liège,division Liège” (deed in French)
- Board composition, Eric Elie Achille Henri DE DECKER (director)
- Shareholding, 186, 186
- Other provision, “représentant de la SRL CYCLES STANY SMOL, représentation de l'actionnaire” (deed in French)
- Other provision, “représentant de la SRL EMDD, représentation en cascade de l'actionnaire” (deed in French)
- Other provision, “vérifier l'exactitude de cette information, vérification de l'actionnariat par le notaire instrumentant” (deed in French)
- Other provision, “dossier de travail, conservation des éléments de contrôle” (deed in French)
- Other provision, “justification juridique et économique de la fusion par absorption, besoins économiques légitimes” (deed in French)
- Other provision, “rapport d'échange, détenue à 100% par la SRL CYCLES STANY SMOL” (deed in French)
- +16 further facts in this act
2022
31-12
Financial
Back to profitnet €8,372
Net result €8,372 after one loss-making year.
31-12
Financial
Liquidity more than doubledcurrent ratio 3.05
Current ratio from 1.48 to 3.05; short-term debt falls from €226,905 to €65,157.
25-10
Gazette deed
Resignation: Luc COLLEYE (director)Appointment: Eric DE DECKER (sole director) · Shareholding · Director discharge6 facts ▸
Gazette deed
Resignation: Luc COLLEYE (director)
Appointment: Eric DE DECKER (sole director) · Shareholding · Director discharge6 facts ▸
- General meeting, 16-09-2022
- Shareholding, 16-09-2022
- Director in office, EMDD (director)
- Director resignation, Luc COLLEYE (director)
- Director discharge, Luc COLLEYE (director)
- Director appointment, Eric DE DECKER (sole director)
26-07
NBB filing
Annual accounts filed
financial year 2021 · full format
2021
31-12
Financial
Weakest financial yearnet -€29,889
Net result drops to -€29,889, the lowest in the series.
05-07
NBB filing
Annual accounts filed
financial year 2020 · full format
2020
31-12
Financial
Highest result from 2018 to 2022net €164,454 ▲806%
Operating result €179,209, net result €164,454, both a record.
31-12
Financial
Liquidity more than doubledcurrent ratio 2.14
Current ratio from 0.82 to 2.14; short-term debt falls from €180,245 to €112,502.
31-12
Financial
Equity above €200,000equity €259,149 ▲174%
A profit in every financial year since 2018 builds equity to €259,149.
Show earlier events
10-06
NBB filing
Annual accounts filed
financial year 2019 · full format
2019
18-06
NBB filing
Annual accounts filed
financial year 2018 · full format
2018
31-07
NBB filing
Annual accounts filed
financial year 2017 · full format
2017
21-08
NBB filing
Annual accounts filed
financial year 2016 · full format · 21 days late
2016
18-08
NBB filing
Annual accounts filed
financial year 2015 · full format · 18 days late
2015
29-07
NBB filing
Annual accounts filed
financial year 2014 · full format
2014
07-08
NBB filing
Annual accounts filed
financial year 2013 · full format · 7 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 20 annual accounts filed, the latest 10 are here; all 20 are under Financials.
3 of 4 deeds read
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 3 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Inactive
Inactive
LOCA VIM is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2022
- Last registered office
- Boulevard Pasteur 2, 4100 Seraingas published on 20 September 2023
- Legal form
- Private limited company
- Active since
- 2003 (first annual accounts)
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L'achat,la vente,l'importation,l'exportation,la location de tous véhicules avec ou sans moteur,neufs ou d'occasion,tels que vélos,vélos…” (deed in French)
6 activities (deed in French)
- L'achat,la vente,l'importation,l'exportation,la location de tous véhicules avec ou sans moteur,neufs ou d'occasion,tels que vélos,vélos électriques,vélomoteurs,motos,voitures,de pièces détachées et accessoires de teis véhicules,de carburants et de lubrifiants,d'huiles industrielles,de produits gras,et de tous produits de l'industrie mécanique,métallurgique ou du bois s'y rapportant.
- L'exploitation d'ateliers de réparation,d'entretien et de dépannage de tels véhicules.
- Elle pourra accomplir toutes opérations industrielles,financières,commerciales ou civiles,ayant un rapport direct ou indirect avec son objet et s'intéresser de toutes manières dans toutes sociétés ou entreprises dont les activités seraient de nature à favoriser la réalisation de son objet social.
- La société pourra prendre la direction et le contrôle,en sa qualité d'administrateur,liquidateur ou autrement,de sociétés affiliées ou filiales,et leur prodiguer des avis.
- La société peut,par vole d'apport en espèces ou en nature,de fusion,de souscription,de participation,d'intervention financière ou autrement,prendre des participations dans d'autres sociétés ou entreprises existantes ou à créer,que ce soit en Belgique ou à l'étranger,dont l'objet social serait semblable ou analogue au sien ou de nature à favoriser son objet social.
- Elle peut également consentir tous prêts ou garantir tous prêts consentis par des tiers à des sociétés affiliées.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- LOCAVIM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Boulevard Pasteur,2 à 4100 Seraing” (deed in French)