Locatel
ActiveSummary
Locatel has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €211k and a net result of €7k. Equity is shrinking by ~3.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▲+31
Solvency39▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k 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.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
14.2%
Return on assets
0.4%
Age of the figures
9 mo
neutral · 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 filingsDeviation 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 →
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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7k
2024 · €-94k
2018: €8k
2019: €-4k
2020: €-4k
2021: €-5k
2022: €-13k
2023: €-18k
2024: €-94k
2018 → 2025
Working capital
€-572k▲ 2.4%
2024 · €-585k
2018: €63k
2019: €61k
2020: €77k
2021: €72k
2022: €40k
2023: €-341k
2024: €-585k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€378k-€365k▼ 3.5%€347k▼ 4.8%€205k▼ 41.0%€211k▲ 3.2%
Operating result€-1k-€-9k▼ 644%€1k€-74k€38k
Net result€-5k-€-13k▼ 176%€-18k▼ 32.2%€-94k▼ 439%€7k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €38k after a loss of €74k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.49M
Fixed assets
€1.49M ▼ 3.1%
Current assets
€2k ▲ 2,940%
Equity and liabilities €1.49M
Equity
€211k ▲ 3.2%
Debt
€1.28M ▼ 3.9%
Debt's share of the balance-sheet total falls from 86.7% to 85.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€86k▲
2024 · €-36k
Cash flow
€55k▲
2024 · €-56k
Current ratio
0.00▲
2024 · 0.00
Debt to equity
6.05▼
2024 · 6.50
ROE
3.1%▲
2024 · -46.1%
ROA
0.4%▲
2024 · -6.2%
Interest coverage
2.75▲
2024 · -1.78
Debt ≤ 1 year
€574k▼
2024 · €586k
Debt > 1 year
€703k▼
2024 · €744k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.54M€1.49M▼
Fixed assets21/28€1.54M€1.49M▼
Tangible fixed assets22/27€1.54M€1.49M▼
Land and buildings22€1.50M€1.46M▼
Plant, machinery and equipment23€33k€32k▼
Current assets29/58€75€2k▲
Cash at bank and in hand54/58€75€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.54M€1.49M▼
Equity10/15€205k€211k▲
Contributions10/11€19k€19k=
Outside capital11-€19k
Other1109/19-€19k
Revaluation surpluses12€31k€31k=
Reserves13€308k€295k▼
Non-distributable reserves130/1€627€627=
Reserves not available under the articles1311€627€627=
Tax-exempt reserves132€307k€295k▼
Profit (loss) carried forward14€-153k€-134k▲
Amounts payable17/49€1.33M€1.28M▼
Amounts payable after more than one year17€744k€703k▼
Financial debts170/4€744k€703k▼
Amounts payable within one year42/48€586k€574k▼
Financial debts43€40k€41k▲
Credit institutions430/8€40k€41k▲
Taxes, remuneration and social security45€5k-
Taxes450/3€5k-
Other amounts payable47/48€541k€533k▼
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€48k▲
Other operating charges640/8€5k€6k▲
Gross operating margin9900€-31k€92k▲
Operating profit (loss)9901€-74k€38k▲
Financial charges65/66B€20k€31k▲
Recurring financial charges65€20k€31k▲
Profit (loss) for the period before taxes9903€-94k€7k▲
Profit (loss) for the period9904€-94k€7k▲
Transfer from tax-exempt reserves789€13k€13k=
Profit (loss) for the period to be appropriated9905€-82k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-153k€-134k▲
Profit (loss) brought forward from the previous period14P€-71k€-153k▼
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
Next filing, fiscal year 2026, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 12 days late
2025
31-12
Financial
Back to profitnet €7k
Net result €7k after 6 loss-making years.
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 120 days late
2024
31-12
Financial
Weakest financial yearnet €-94k
Net result drops to €-94k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 151 days late
2022
09-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 70 days late
2021
16-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 77 days late
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 108 days late
2019
13-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 74 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
21-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Waterloo · 1 establishment unit since 1984
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.
Drève Richelle 161J1410 WaterlooGround area
5,427 m²
Building footprint
954 m²
Volume, LiDAR
11,466 m³
Parcel 25763M0600/00M000, Wallonia · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Drève Richelle 161J, 1410 Waterloo
since 19842.208.425.328
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0600/00M000 | Wallonia | 5,427 m² | 1 · 954 m² | 14.7 m · 4 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.
Recognitions · licences · registrations
Legal Entity Identifier
894500IQEDEW3QUDF516
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-05-1984
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.