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Localitel

Active
Private limited companyfounded 201214 yrs activeNotelarenstraat 111, 3500 Hasselt, BelgiumKBO/BCE: BE 0843.562.577

Localitel has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €305k and a net result of €109k. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 56% of 17007 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
86 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+49
Solvency91▼-9
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.92 against 8.06 in 2024; short-term debt: 34.2% and cash: 17.7% of total assets), and 34.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
65.8%
Return on assets
23.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
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 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €305k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
47 d late
2023
113 d late
2022
70 d late
2021
73 d late
2020
61 d late
2019
27 d late
← before the deadline after the deadline →
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 months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€305k▲ 12.2%
2024 · €272k
2018: €398k 2019: €401k 2020: €410k 2021: €427k 2022: €457k 2023: €262k 2024: €272k
2018 → 2025
Total assets
€464k▲ 49.3%
2024 · €311k
2018: €515k 2019: €436k 2020: €454k 2021: €487k 2022: €556k 2023: €567k 2024: €311k
2018 → 2025
Net result
€109k▲ 1,015%
2024 · €10k
2018: €53k 2019: €2k 2020: €10k 2021: €17k 2022: €30k 2023: €42k 2024: €10k
2018 → 2025
Working capital
€304k▲ 12.5%
2024 · €271k
2018: €356k 2019: €377k 2020: €403k 2021: €421k 2022: €457k 2023: €264k 2024: €271k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€427k-€457k▲ 7.1%€262k▼ 42.6%€272k▲ 3.7%€305k▲ 12.2%
Operating result€23k-€43k▲ 82.0%€62k▲ 44.6%€19k▼ 69.4%€84k▲ 345%
Net result€17k-€30k▲ 81.4%€42k▲ 40.3%€10k▼ 76.8%€109k▲ 1,015%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €23k€23kNet result 2021: €17k€17kOperating result 2022: €43k€43kNet result 2022: €30k€30kOperating result 2023: €62k€62kNet result 2023: €42k€42kOperating result 2024: €19k€19kNet result 2024: €10k€10kOperating result 2025: €84k€84kNet result 2025: €109k€109k20212022202320242025
The operating result recovers in 2025; 2025 is 345% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €464k
Fixed assets €1k▼ 36.3%
Current assets €463k▲ 49.8%
Equity and liabilities €464k
Equity €305k▲ 12.2%
Debt €158k▲ 313%
The debt ratio rises from 12.3% to 34.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€85k
2024 · €19k
Cash flow
€110k
2024 · €10k
Solvency
65.8%
2024 · 87.7%
Current ratio
2.92
2024 · 8.06
Quick ratio
2.92
2024 · 8.06
Debt / equity
0.52
2024 · 0.14
ROE
35.8%
2024 · 3.6%
ROA
23.6%
2024 · 3.2%
Interest coverage
13.06
2024 · 3.16
Debt
€158k
2024 · €38k
Debt ≤ 1 year
€158k
2024 · €38k
Income taxes
€54k
2024 · €5k
Staff costs
€0
2024 · €28
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€311k€464k
Fixed assets21/28€2k€1k
Tangible fixed assets22/27€1k€875
Furniture and vehicles24€1k€875
Financial fixed assets28€188€188=
Current assets29/58€309k€463k
Amounts receivable within one year40/41€57k€51k
Trade receivables40€41k€42k
Other amounts receivable41€16k€9k
Current investments50/53€240k€330k
Cash at bank and in hand54/58€12k€82k
Equity and liabilities
Total equity and liabilities10/49€311k€464k
Equity10/15€272k€305k
Contributions10/11€19k€19k=
Reserves13€251k€284k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€249k€282k
Profit (loss) carried forward14€2k€2k=
Amounts payable17/49€38k€158k
Amounts payable within one year42/48€38k€158k
Trade debts44€5k€9k
Suppliers440/4€5k€9k
Taxes, remuneration and social security45€33k€78k
Taxes450/3€33k€78k
Other amounts payable47/48€0€71k
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€28€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€337€606
Other operating charges640/8€3k€783
Non-recurring operating charges66A€0-
Gross operating margin9900€22k€85k
Operating profit (loss)9901€19k€84k
Financial income75/76B€2k€86k
Recurring financial income75€2k€1k
Non-recurring financial income76B-€85k
Financial charges65/66B€6k€6k
Recurring financial charges65€6k€6k
Profit (loss) for the period before taxes9903€15k€164k
Income taxes67/77€5k€54k
Profit (loss) for the period9904€10k€109k
Profit (loss) for the period to be appropriated9905€10k€109k
Appropriation of the result
Profit (loss) to be appropriated9906€12k€112k
Profit (loss) brought forward from the previous period14P€2k€2k=
Transfer from equity791/2€0€76k
Transfer to equity691/2€10k€109k
To other reserves6921€10k€109k
Profit to be distributed694/7€0€76k
Return on contributions (dividend)694€0€76k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €109k ▲1015%
Operating result €84k, net result €109k, both a record.
16-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
31-12
Financial Liquidity quadruplescurrent ratio 8.06
Current ratio from 1.87 to 8.06; short-term debt falls from €303k to €38k.
21-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 113 days late
2023
09-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
12-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
27-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial Weakest financial yearnet €2k ▼95.4%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity triplescurrent ratio 11.68
Current ratio from 4.05 to 11.68; short-term debt falls from €116k to €35k.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
22-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
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, Hasselt · 1 establishment unit since 2012
establishment The establishment unit on the map
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.

Notelarenstraat 1113500 Hasselt
Ground area
201 m²
Building footprint
79 m²
Volume, LiDAR
781 m³
Parcel 71326F0250/00F002, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ROOTSECURITY
Notelarenstraat 111, 3500 HasseltManufacture of computer, electronic and optical products
since 20122.206.735.152
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71326F0250/00F002 Flanders 201 m² 1 · 79 m² 12.8 m · 3 fl.
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.

Similar companies · same sector, comparable size

Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 13,694 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-02-2012
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.