LOCARAF
ActiveThe computed 12-month bankruptcy probability of LOCARAF is 2.4% (moderate). The 2024 annual accounts show negative equity (€-92k) and a net result of €-7k. Equity is shrinking by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 26053 sector peers (fiscal year 2024). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
30
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability50▲+50
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.16; short-term debt: 343.4% and cash: 0.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-243.4%
Return on assets
-18.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
181920212224
2018 to 2024 · latest year €-92k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2022
88 d late
2021
68 d early
2020
60 d late
2019
119 d late
2018
30 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-92k▼ 8.5%
2022 · €-84k
2018: €30k
2019: €-6k
2020: €-87k
2021: €-82k
2022: €-84k
2018 → 2024
Total assets
€38k▲ 2,513%
2022 · €1k
2018: €126k
2019: €100k
2020: €11k
2021: €7k
2022: €1k
2018 → 2024
Net result
€-7k▼ 143%
2022 · €-3k
2018: €-1k
2019: €-35k
2020: €-81k
2021: €5k
2022: €-3k
2018 → 2024
Working capital
€-109k▼ 28.8%
2022 · €-84k
2018: €57k
2019: €-6k
2020: €-87k
2021: €-82k
2022: €-84k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222024Trend
Equity€-6k-€-87k▼ 1,422%€-82k▲ 6.2%€-84k▼ 3.5%€-92k▼ 8.5%
Operating result€-34k-€-81k▼ 138%€6k€-2k€-7k▼ 169%
Net result€-35k-€-81k▼ 129%€5k€-3k€-7k▼ 143%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-7k in 2024, compared with €-2k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
Assets €38k
Fixed assets
€17k
Current assets
€21k
Key figures and ratios
EBITDA
€4k
Cash flow
€3k
Solvency
-243.4%
Current ratio
0.16
Quick ratio
0.16
Debt / equity
-1.41
ROA
-18.3%
Interest coverage
11.79
Debt
€129k▲
2022 · €86k
Debt ≤ 1 year
€129k▲
2022 · €86k
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 · 2024 against 2022
Balance sheet
Code20222024
Assets
Total assets20/58€1k€38k▲
Fixed assets21/28-€17k
Tangible fixed assets22/27-€17k
Plant, machinery and equipment23-€5k
Furniture and vehicles24-€12k
Current assets29/58€1k€21k▲
Amounts receivable within one year40/41€1k€20k▲
Trade receivables40€1k€14k▲
Other amounts receivable41-€6k
Cash at bank and in hand54/58-€178
Deferred charges and accrued income490/1-€763
Equity and liabilities
Total equity and liabilities10/49€1k€38k▲
Equity10/15€-84k€-92k▼
Contributions10/11€19k€19k=
Reserves13€930€930=
Non-distributable reserves130/1€930€930=
Reserves not available under the articles1311€930€930=
Profit (loss) carried forward14€-104k€-111k▼
Amounts payable17/49€86k€129k▲
Amounts payable within one year42/48€86k€129k▲
Financial debts43€331-
Credit institutions430/8€331-
Trade debts44€1k€32k▲
Suppliers440/4€1k€32k▲
Other amounts payable47/48€84k€98k▲
Income statement
Code20222024
Goods, raw materials, services and sundry goods60/61€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€10k
Other operating charges640/8€85€763▲
Gross operating margin9900€-2k€4k▲
Operating profit (loss)9901€-2k€-7k▼
Financial charges65/66B€396€312▼
Recurring financial charges65€396€312▼
Profit (loss) for the period before taxes9903€-3k€-7k▼
Profit (loss) for the period9904€-3k€-7k▼
Profit (loss) for the period to be appropriated9905€-3k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-104k€-111k▼
Profit (loss) brought forward from the previous period14P€-101k€-104k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 88 days late
2022
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
31-12
Financial
Weakest financial yearnet €-81k
Net result drops to €-81k, the lowest in the series; recovery starts the following year.
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
12-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 43 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
2015
08-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Anderlecht · 1 establishment unit since 2003
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.
Léon Delacroixstraat 121070 AnderlechtGround area
1,201 m²
Building footprint
356 m²
Volume, LiDAR
2,470 m³
2 parcels, Brussels, Wallonia · tallest building 21.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
STOUVENAKERS VELO MOTO CYCLE SPRL
since 20032.133.206.875
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64055A0212/00X000 | Wallonia | 901 m² | 1 · 94 m² | - |
| 21523B0939/00S101 | Brussels | 299 m² | 1 · 262 m² | 21.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
FLANDRIENS
BE 1000.185.311
Asse · Eq €30k
VINCENT VAN PARYS
BE 0776.869.634
Mechelen · Eq €30k
Kugoo Kirin Belgium
BE 1002.904.180
Wemmel · Eq €30k
VIERSTRAETE-VERSCHAEVE
BE 0897.539.218
Zedelgem · Eq €29k
VLIVAN
BE 0768.935.034
Blankenberge · Eq €30k
Of 1,467 companies in sector 47632 we hold annual accounts for 732. 442 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-08-2003
Fiscal year end31-12
Activities, NACEBEL
47632Retail sale of bicycles
47785Retail trade
52492
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
50400Inland freight water transport
52740
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:019588518