LOCORENT
ActiveLOCORENT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54k and a net result of €-14k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 36% of 11238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▲+2
Solvency49▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity short (current ratio 0.0 against 0.01 in 2024; short-term debt: 76.1% and cash: 0% of total assets), and 76.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 2025Solvency, return and age of the figures
Solvency
23.9%
Return on assets
-6.1%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-14k
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 05-11-2025, 5 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 · 8 filingsDeviation from the deadline
2025
5 d late
2024
on the day
2023
5 d early
2022
3 d late
2021
3 d late
2020
27 d late
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€54k▼ 20.4%
2024 · €68k
2019: €42k
2020: €61k
2021: €62k
2022: €69k
2023: €85k
2024: €68k
2019 → 2025
Total assets
€227k▼ 0.5%
2024 · €228k
2019: €516k
2020: €376k
2021: €313k
2022: €257k
2023: €229k
2024: €228k
2019 → 2025
Net result
€-14k▲ 14.7%
2024 · €-16k
2019: €8k
2020: €19k
2021: €1k
2022: €7k
2023: €16k
2024: €-16k
2019 → 2025
Working capital
€-172k▼ 16.5%
2024 · €-148k
2019: €-272k
2020: €-219k
2021: €-192k
2022: €-53k
2023: €-87k
2024: €-148k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€62k-€69k▲ 11.5%€85k▲ 22.8%€68k▼ 19.3%€54k▼ 20.4%
Operating result€4k-€21k▲ 406%€27k▲ 30.4%€-14k€-13k▲ 8.1%
Net result€1k-€7k▲ 522%€16k▲ 121%€-16k€-14k▲ 14.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €14k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €227k
Fixed assets
€227k=
Current assets
€554▼ 66.4%
Equity and liabilities €227k
Equity
€54k▼ 20.4%
Debt
€173k▲ 8.0%
The debt ratio rises from 70.1% to 76.1%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
23.9%▼
2024 · 29.9%
Current ratio
0.00▼
2024 · 0.01
Quick ratio
0.00▼
2024 · 0.01
Debt / equity
3.18▲
2024 · 2.34
ROE
-25.7%▼
2024 · -24.0%
ROA
-6.1%▲
2024 · -7.2%
Debt
€173k▲
2024 · €160k
Debt ≤ 1 year
€173k▲
2024 · €150k
Debt > 1 year
€0▼
2024 · €10k
Staff costs
€74
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€228k€227k▼
Fixed assets21/28€227k€227k=
Tangible fixed assets22/27€226k€226k=
Plant, machinery and equipment23€226k€226k=
Financial fixed assets28€500€500=
Current assets29/58€2k€554▼
Amounts receivable after more than one year29-€36
Other amounts receivable291-€36
Amounts receivable within one year40/41€364€463▲
Other amounts receivable41€364€463▲
Cash at bank and in hand54/58€1k€55▼
Equity and liabilities
Total equity and liabilities10/49€228k€227k▼
Equity10/15€68k€54k▼
Contributions10/11€19k€19k=
Reserves13€40k€40k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€38k€40k▲
Profit (loss) carried forward14€10k€-4k▼
Amounts payable17/49€160k€173k▲
Amounts payable after more than one year17€10k€0▼
Financial debts170/4€10k€0▼
Amounts payable within one year42/48€150k€173k▲
Current portion of amounts payable after more than one year42€41k€10k▼
Trade debts44€212€0▼
Suppliers440/4€212€0▼
Other amounts payable47/48€108k€163k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€74
Other operating charges640/8€132€528▲
Gross operating margin9900€-14k€-12k▲
Operating profit (loss)9901€-14k€-13k▲
Financial charges65/66B€2k€915▼
Recurring financial charges65€2k€915▼
Profit (loss) for the period before taxes9903€-16k€-14k▲
Profit (loss) for the period9904€-16k€-14k▲
Profit (loss) for the period to be appropriated9905€-16k€-14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€-4k▼
Profit (loss) brought forward from the previous period14P€26k€10k▼
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
2025
05-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-16k ▼204%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
31-03
Financial
Highest result since 2019net €19k ▲140%
Operating result €29k, net result €19k, both a record.
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Maldegem · 1 establishment unit since 2017
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.
39e Linielaan 29990 MaldegemGround area
3,204 m²
Building footprint
688 m²
Volume, LiDAR
5,907 m³
Parcel 43010G0232/00Y000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LOCORENT
since 20172.271.520.363
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43010G0232/00Y000 | Flanders | 3,204 m² | 1 · 688 m² | 11.9 m · 3 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.
Similar companies · same sector, comparable size
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NYKEI WEST AFRICA
BE 0463.049.195
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BE 0665.884.709
Beveren-Kruibeke-Zwijndrecht · Eq €64k
Of 151 companies in sector 46644 we hold annual accounts for 114. 49 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-08-2017
Fiscal year end31-03
Activities, NACEBEL
46644Wholesale trade
46140Agents in the wholesale of industrial machinery, ships and aircraft
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:kathleen@sobemai.com