Locatel

Active

Private limited companyfounded 198442 yrs activeDrève Richelle 161J, 1410 Waterloo, BelgiumKBO/BCE: BE 0426.905.314

Summary

The computed 12-month bankruptcy probability of Locatel is 1.6% (moderate). The 2025 annual accounts show equity of €211,333 and a net result of €6,542. Equity is shrinking by ~3.9% per year across the filed fiscal years. The company has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

LocatelActiveChecked score 54/100

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€1.5mtotal assets 2025

Equity: €211,333
Profit: €6,542

Financial health

54 Fair Checked score 2025

Bankruptcy chance 12 m: 1.6%

Structure

Accounts filed 12 d late0 of 9 deeds read

Why 54- 1 change of registered office in 24 months- Latest accounts 12 days late; 2 of the last 3 late- Liquidity: current ratio 0.00, cash €2,282+ Size: total assets €1.5mShow the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 33% of its sector peers (no NACE code, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 39+1

equity 14.2% of total assets

Liquidity 32=

short-term debt 38.5% · cash 0.2%

Profitability 42+31

return on assets 0.4%

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.5% 12-2024: 1.5%● 0.0% vs 11-2024 01-2025: 1.5%● 0.0% vs 12-2024 02-2025: 1.5%● 0.0% vs 01-2025 03-2025: 1.5%● 0.0% vs 02-2025 04-2025: 1.5%▼ -2.2% vs 03-2025 05-2025: 1.5%▲ +0.3% vs 04-2025 06-2025: 1.5%▼ -0.8% vs 05-2025lowest value 07-2025: 1.7%▲ +10.4% vs 06-2025 08-2025: 2.4%▲ +43.1% vs 07-2025 09-2025: 2.6%▲ +10.3% vs 08-2025 10-2025: 3.6%▲ +35.5% vs 09-2025 11-2025: 3.8%▲ +6.1% vs 10-2025 12-2025: 3.1%▼ -18.8% vs 11-2025 01-2026: 4.9%▲ +58.8% vs 12-2025 02-2026: 4.9%▲ +1.4% vs 01-2026 03-2026: 5.1%▲ +3.2% vs 02-2026 04-2026: 5.1%▲ +0.9% vs 03-2026 05-2026: 5.1%▼ -0.4% vs 04-2026 06-2026: 5.5%▲ +7.2% vs 05-2026 07-2026: 5.6%▲ +2.6% vs 06-2026 08-2026: 6.7%▲ +19.7% vs 07-2026highest value 09-2026: 1.6%▼ -76.2% vs 08-2026 10-2026: 1.6%● 0.0% vs 09-2026

Size: total assets €1.5m lowers the probability for this profile
1 change of registered office in 24 months raises the probability
Latest accounts 12 days late; 2 of the last 3 late raises the probability
Liquidity: current ratio 0.00, cash €2,282 raises the probability

Credit up to €11,000 at 30 days acceptable

Liquidity short (current ratio 0.0 against 0.0 in 2024; short-term debt: 38.5% and cash: 0.2% of total assets), and 85.8% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 25%, liquidity 18%, profitability 32%, growth against the median 57%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Size: total assets €1.5m

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

1 change of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

Latest accounts 12 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Liquidity: current ratio 0.00, cash €2,282

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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 filings

Deviation from the deadline

2025

12 d late

2024

120 d late

2023

92 d late

2022

151 d late

2021

70 d late

2020

77 d late

2019

108 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 90 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)

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. Usually files around 1 November (4 of the last 5 filed years within 58 days of that day).

Companies Code · seven months

Position in the running window

03-10-2026 today31-12-2026 close31-07-2027 deadline

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