Summary
LOCARO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €132,930 and a net result of €71,735. Equity is growing by ~90.1% per year across the filed fiscal years. Its solvency ranks better than 12% of 5565 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 11-07-2026, 20 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
20 d early
2024
30 d early
2023
20 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€132,930▲ 117%
2024 · €61,195
Net result
€71,735▲ 86.3%
2024 · €38,495
Total assets
€1.4m▲ 2.9%
2024 · €1.4m
Solvency
9.5%▲ 5.0pp
2024 · 4.5%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€50,520-€72,993▲ 44.5%€114,086▲ 56.3%
Net result€17,700-€38,495▲ 117%€71,735▲ 86.3%
Equity€22,700-€61,195▲ 170%€132,930▲ 117%
Total assets€1.4m-€1.4m▼ 1.2%€1.4m▲ 2.9%
Debt€1.4m-€1.3m▼ 4.1%€1.3m▼ 2.5%
Working capital-€833,602--€878,554▼ 5.4%-€893,596▼ 1.7%
Solvency1.6%-4.5%▲ 2.9pp9.5%▲ 5.0pp
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 56% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.4m =
Current assets
€48,494 ▲ 409%
Equity and liabilities €1.4m
Equity
€132,930 ▲ 117%
Debt
€1.3m ▼ 2.5%
Debt's share of the balance-sheet total falls from 95.5% to 90.5%. Equity is higher and debt is lower.
Key figures and ratios
ROE
54.0%▼
2024 · 62.9%
ROA
5.1%▲
2024 · 2.8%
Debt ≤ 1 year
€942,090▲
2024 · €888,090
Debt > 1 year
€323,474▼
2024 · €410,251
Income taxes
€24,383▲
2024 · €13,303
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Gross operating margin9900 | €50,520 | €72,993 | €114,086 | ▲ 56.3% |
| Operating profit (loss)9901 | €50,520 | €72,993 | €114,086 | ▲ 56.3% |
| Financial charges65/66B | €26,606 | €21,195 | €17,969 | ▼ 15.2% |
| Recurring financial charges65 | €26,606 | €21,195 | €17,969 | ▼ 15.2% |
| Profit (loss) for the period before taxes9903 | €23,914 | €51,798 | €96,118 | ▲ 85.6% |
| Income taxes67/77 | €6,214 | €13,303 | €24,383 | ▲ 83.3% |
| Profit (loss) for the period9904 | €17,700 | €38,495 | €71,735 | ▲ 86.3% |
| Profit (loss) for the period to be appropriated9905 | €17,700 | €38,495 | €71,735 | ▲ 86.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.4m | €1.4m | €1.4m | ▲ 2.9% |
| Fixed assets21/28 | €1.4m | €1.4m | €1.4m | = |
| Financial fixed assets28 | €1.4m | €1.4m | €1.4m | = |
| Current assets29/58 | €26,534 | €9,536 | €48,494 | ▲ 409% |
| Amounts receivable within one year40/41 | €11,000 | - | €38,603 | - |
| Trade receivables40 | €11,000 | - | €38,603 | - |
| Cash at bank and in hand54/58 | €15,534 | €9,536 | €9,891 | ▲ 3.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.4m | €1.4m | €1.4m | ▲ 2.9% |
| Equity10/15 | €22,700 | €61,195 | €132,930 | ▲ 117% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €17,700 | €56,195 | €127,930 | ▲ 128% |
| Amounts payable17/49 | €1.4m | €1.3m | €1.3m | ▼ 2.5% |
| Amounts payable after more than one year17 | €493,698 | €410,251 | €323,474 | ▼ 21.2% |
| Financial debts170/4 | €493,698 | €410,251 | €323,474 | ▼ 21.2% |
| Amounts payable within one year42/48 | €860,136 | €888,090 | €942,090 | ▲ 6.1% |
| Current portion of amounts payable after more than one year42 | €88,687 | €91,889 | €95,220 | ▲ 3.6% |
| Trade debts44 | - | €5,187 | €46,000 | ▲ 787% |
| Suppliers440/4 | - | €5,187 | €46,000 | ▲ 787% |
| Taxes, remuneration and social security45 | €13,104 | €32,668 | €44,025 | ▲ 34.8% |
| Taxes450/3 | €13,104 | €32,668 | €44,025 | ▲ 34.8% |
| Other amounts payable47/48 | €758,345 | €758,345 | €756,845 | ▼ 0.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,700 | €38,495 | €71,735 | ▲ 86.3% |
| Operating cash flow (approximation) | €17,700 | €38,495 | €71,735 | ▲ 86.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€5,998 | €355 | ▲ 106% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2023net €71,735 ▲86.3%
Operating result €114,086, net result €71,735, both a record.
31-12
Financial
Equity above €100,000Eq €132,930 ▲117%
3 profitable years in a row build equity to €132,930.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Wanze · 1 establishment unit since 2023
Ground area
613 m²
Building footprint
82 m²
Volume, LiDAR
703 m³
Parcel 61006B0071/00K000, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LOCARO
since 20232.341.479.832
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61006B0071/00K000 | Wallonia | 613 m² | 1 · 82 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 12,998 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
Contact
E-mail
olivier@carrelagesdiscount.be
Phone
+32479478786
E-invoicing
Reachable via Peppol
Peppol ID
0208:0798097192
Also
9925:BE0798097192
Registered
18-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.