LOCADEC
ActiveSummary
LOCADEC has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-61k) and a net result of €5k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 12% of 1517 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+3
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 25.94 against 53.78 in 2024; short-term debt: 3.3% and cash: 77.6% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-57%
Return on assets
5.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 1517 sector peers (2025).
NBB · sector comparisonPosition among 1517 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
28 d late
2024
27 d late
2023
27 d late
2022
47 d early
2021
46 d early
2020
34 d early
2019
34 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-61k▲ 8.2%
2024 · €-67k
2018: €-27k
2019: €-62k
2020: €-67k
2021: €-66k
2022: €-66k
2023: €-69k
2024: €-67k
2018 → 2025
Total assets
€107k▲ 7.6%
2024 · €100k
2018: €260k
2019: €224k
2020: €125k
2021: €99k
2022: €100k
2023: €98k
2024: €100k
2018 → 2025
Net result
€5k▲ 143%
2024 · €2k
2018: €-24k
2019: €-34k
2020: €-5k
2021: €396
2022: €508
2023: €-3k
2024: €2k
2018 → 2025
Working capital
€87k▲ 21.1%
2024 · €72k
2018: €30k
2019: €38k
2020: €5k
2021: €27k
2022: €36k
2023: €55k
2024: €72k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-66k-€-66k▲ 0.8%€-69k▼ 4.7%€-67k▲ 3.3%€-61k▲ 8.2%
Operating result€1k-€1k▼ 8.0%€-3k€3k€6k▲ 108%
Net result€396-€508▲ 28.2%€-3k€2k€5k▲ 143%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 108% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107k
Fixed assets
€17k ▼ 36.7%
Current assets
€91k ▲ 23.6%
Key figures and ratios
EBITDA
€16k▼
2024 · €17k
Cash flow
€15k▼
2024 · €16k
Solvency
-57.0%▲
2024 · -66.8%
Current ratio
25.94▼
2024 · 53.78
Debt to equity
-2.76▼
2024 · -2.50
ROA
5.1%▲
2024 · 2.2%
Interest coverage
24.31▼
2024 · 24.90
Debt
€168k▲
2024 · €166k
Debt ≤ 1 year
€3k▲
2024 · €1k
Debt > 1 year
€165k=
2024 · €165k
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 · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€100k€107k▲
Fixed assets21/28€26k€17k▼
Tangible fixed assets22/27€26k€17k▼
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€17k€11k▼
Current assets29/58€73k€91k▲
Amounts receivable within one year40/41€11k€7k▼
Trade receivables40€11k€7k▼
Other amounts receivable41€135-
Cash at bank and in hand54/58€62k€83k▲
Deferred charges and accrued income490/1€551€394▼
Equity and liabilities
Total equity and liabilities10/49€100k€107k▲
Equity10/15€-67k€-61k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-85k€-80k▲
Amounts payable17/49€166k€168k▲
Amounts payable after more than one year17€165k€165k=
Other amounts payable178/9€165k€165k=
Amounts payable within one year42/48€1k€3k▲
Trade debts44€141€1k▲
Suppliers440/4€141€1k▲
Taxes, remuneration and social security45€442€2k▲
Taxes450/3€442€2k▲
Other amounts payable47/48€780€739▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€10k▼
Other operating charges640/8€334€1k▲
Gross operating margin9900€17k€17k▼
Operating profit (loss)9901€3k€6k▲
Financial charges65/66B€689€650▼
Recurring financial charges65€689€650▼
Profit (loss) for the period before taxes9903€2k€5k▲
Profit (loss) for the period9904€2k€5k▲
Profit (loss) for the period to be appropriated9905€2k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-85k€-80k▲
Profit (loss) brought forward from the previous period14P€-87k€-85k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €5k ▲143%
Operating result €6k, net result €5k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €396
Net result €396 after 3 loss-making years.
31-12
Financial
Liquidity times 62current ratio 72.81
Current ratio from 1.18 to 72.81; short-term debt falls from €27k to €369.
27-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
Show earlier events
31-12
Financial
Liquidity triplescurrent ratio 47.30
Current ratio from 14.83 to 47.30; short-term debt falls from €2k to €812.
15-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Fleurus
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 des Sources(FL) 136220 FleurusGround area
2.6 ha
Building footprint
2,978 m²
Parcel 52021C0317/00A007, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52021C0317/00A007 | Wallonia | 2.6 ha | 1 · 2,978 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 977 companies in sector 77210 we hold annual accounts for 217. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
77210Renting and leasing of sports and recreation goods
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.