LOCATO
ActiveSummary
LOCATO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73k and a net result of €20k. Equity is growing by ~35.3% per year across the filed fiscal years. Its solvency ranks better than 52% of 2566 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+76
Solvency66▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.37 in 2024; short-term debt: 52.7% and cash: 25% of total assets), but 59.1% of the assets are financed with debt.
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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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
40.9%
Return on assets
11.5%
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 31-08-2026, 31 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
31 d late
2024
31 d late
2023
7 d late
2022
16 d late
2021
31 d late
2020
19 d late
2019
11 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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
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Financials · fiscal year 2025, micro schema
Equity
€73k▲ 39.1%
2024 · €52k
Total assets
€178k▲ 18.2%
2024 · €150k
Net result
€20k
2024 · €-14k
Working capital
€53k▲ 79.5%
2024 · €30k
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
Line20212022202320242025
Operating result€16k€19k▲ 22.7%€40k▲ 108%€-13k€27k
Net result€13k€14k▲ 10.2%€31k▲ 115%€-14k€20k
Equity€21k▲ 132%€36k▲ 67.1%€66k▲ 86.4%€52k▼ 20.9%€73k▲ 39.1%
Total assets€42k▼ 9.7%€64k▲ 51.7%€251k▲ 293%€150k▼ 40.0%€178k▲ 18.2%
Debt€21k▼ 44.4%€28k▲ 36.0%€184k▲ 553%€98k▼ 46.8%€105k▲ 7.1%
Working capital€5k▼ 41.0%€16k▲ 231%€41k▲ 152%€30k▼ 27.2%€53k▲ 79.5%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €27k after a loss of €13k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €178k
Fixed assets
€31k ▼ 22.0%
Current assets
€147k ▲ 32.6%
Equity and liabilities €178k
Equity
€73k ▲ 39.1%
Debt
€105k ▲ 7.1%
Debt's share of the balance-sheet total falls from 65.2% to 59.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€38k▲
2024 · €-3k
Cash flow
€32k▲
2024 · €-4k
Current ratio
1.57▲
2024 · 1.37
Quick ratio
1.42▲
2024 · 1.32
Debt to equity
1.44▼
2024 · 1.87
ROE
28.1%▲
2024 · -26.5%
ROA
11.5%▲
2024 · -9.2%
Interest coverage
34.83▲
2024 · -5.67
Debt ≤ 1 year
€94k▲
2024 · €81k
Debt > 1 year
€11k▼
2024 · €17k
Income taxes
€5k▲
2024 · €397
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €4k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €9k | €9k | €10k | €11k | ▲ 13.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €3k | - | - | - | - | - |
| Other operating charges640/8 | €591 | €613 | €785 | €962 | €330 | ▼ 65.7% |
| Non-recurring operating charges66A | €68 | - | - | - | - | - |
| Gross operating margin9900 | €23k | €29k | €50k | €-2k | €38k | ▲ 1,975% |
| Operating profit (loss)9901 | €16k | €19k | €40k | €-13k | €27k | ▲ 308% |
| Financial income75/76B | €424 | €0 | €1k | €15 | €0 | ▼ 96.7% |
| Recurring financial income75 | €424 | €0 | €1k | €15 | €0 | ▼ 96.7% |
| Financial charges65/66B | €315 | €2k | €242 | €532 | €1k | ▲ 106% |
| Recurring financial charges65 | €315 | €2k | €242 | €532 | €1k | ▲ 106% |
| Profit (loss) for the period before taxes9903 | €16k | €17k | €41k | €-13k | €26k | ▲ 292% |
| Income taxes67/77 | €3k | €3k | €10k | €397 | €5k | ▲ 1,245% |
| Profit (loss) for the period9904 | €13k | €14k | €31k | €-14k | €20k | ▲ 248% |
| Profit (loss) for the period to be appropriated9905 | €13k | €14k | €31k | €-14k | €20k | ▲ 248% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €42k | €64k | €251k | €150k | €178k | ▲ 18.2% |
| Fixed assets21/28 | €16k | €19k | €25k | €40k | €31k | ▼ 22.0% |
| Tangible fixed assets22/27 | €15k | €18k | €19k | €33k | €24k | ▼ 26.5% |
| Plant, machinery and equipment23 | €466 | €9k | €16k | €11k | €5k | ▼ 48.8% |
| Furniture and vehicles24 | €15k | €9k | €3k | €22k | €19k | ▼ 15.9% |
| Financial fixed assets28 | €893 | €893 | €7k | €7k | €7k | = |
| Current assets29/58 | €26k | €44k | €225k | €111k | €147k | ▲ 32.6% |
| Stocks and contracts in progress3 | €2k | €2k | €15k | €4k | €14k | ▲ 279% |
| Stocks30/36 | €2k | €2k | €15k | €4k | €14k | ▲ 279% |
| Amounts receivable within one year40/41 | €10k | €7k | €137k | €49k | €88k | ▲ 82.0% |
| Trade receivables40 | €10k | €7k | €137k | €48k | €88k | ▲ 82.6% |
| Other amounts receivable41 | - | - | - | €144 | - | - |
| Cash at bank and in hand54/58 | €14k | €35k | €73k | €58k | €45k | ▼ 23.7% |
| Deferred charges and accrued income490/1 | €99 | €155 | €174 | €259 | €220 | ▼ 14.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €42k | €64k | €251k | €150k | €178k | ▲ 18.2% |
| Equity10/15 | €21k | €36k | €66k | €52k | €73k | ▲ 39.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €13k | €27k | €58k | €44k | €65k | ▲ 46.2% |
| Amounts payable17/49 | €21k | €28k | €184k | €98k | €105k | ▲ 7.1% |
| Amounts payable after more than one year17 | - | - | - | €17k | €11k | ▼ 32.8% |
| Financial debts170/4 | - | - | - | €17k | €11k | ▼ 32.8% |
| Amounts payable within one year42/48 | €21k | €28k | €184k | €81k | €94k | ▲ 15.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5k | €6k | ▲ 4.6% |
| Trade debts44 | €9k | €12k | €145k | €53k | €74k | ▲ 40.9% |
| Suppliers440/4 | €9k | €12k | €145k | €53k | €74k | ▲ 40.9% |
| Advances received on contracts in progress46 | €5k | - | - | - | - | - |
| Taxes, remuneration and social security45 | €6k | €13k | €35k | €20k | €11k | ▼ 45.6% |
| Taxes450/3 | €3k | €8k | €33k | €18k | €11k | ▼ 40.3% |
| Remuneration and social security454/9 | €3k | €5k | €2k | €2k | - | - |
| Other amounts payable47/48 | €1k | €3k | €5k | €3k | €3k | ▼ 10.5% |
| Accrued charges and deferred income492/3 | - | - | - | €84 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €14k | €31k | €-14k | €20k | ▲ 248% |
| + Depreciation and write-downs630 | €3k | €9k | €9k | €10k | €11k | ▲ 13.5% |
| Operating cash flow (approximation) | €16k | €23k | €40k | €-4k | €32k | ▲ 908% |
| Investment in fixed assets (approximation) | - | €-12k | €-15k | €-24k | €-3k | ▲ 89.4% |
| Change in cash | - | €21k | €38k | €-15k | €-14k | ▲ 5.5% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
31-12
Financial
Highest result since 2018net €62k ▲74.9%
Operating result €93k, net result €62k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 15 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Courcelles · 1 establishment unit since 2008
Ground area
677 m²
Building footprint
88 m²
Volume, LiDAR
790 m³
Parcel 52015C0776/00X000, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Forrière(CO) 234, 6180 Courcelles
since 20082.170.066.182
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52015C0776/00X000 | Wallonia | 677 m² | 1 · 88 m² | 10.1 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 1,876 companies in sector 95314 we hold annual accounts for 847. 674 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
Founded14-04-2008
Fiscal year end31-12
Activities, NACEBEL 2025
95314Bodywork repair (including spraying and painting)
41001General construction of residential buildings
43120Site preparation
43310Plastering work
43331Floor and wall tiling
43422Screed work
43990Other specialised construction activities
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46713Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.