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LOCORUM

Active
Private limited companyfounded 2020active for 6 yearsJacques Brellaan 38, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0752.965.567

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 19 days after the deadline Filed on 19 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00411007.

Annual accounts 2025 filed on 19-08-2026 at the NBB all 5 filings

Equity
-€12,065
2024 · €69,982
Net result
-€82,047
2024 · €4,781
Total assets
€296,573▼ 29.6%
2024 · €421,502
Solvency
-4.1%▼ 20.7pp
2024 · 16.6%
Trend over the years

2021 to 2025, 5 financial years

The operating result for 2025 is a loss of €70,562, after a profit of €18,362 in 2024. It is the lowest result since 2021.

Operating result-€70,562 2025 Net result-€82,047 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€35,580-€33,984▼ 4.5%€13,422▼ 60.5%€18,362▲ 36.8%-€70,562
Net result€25,085within the sector's middle half-€23,189within the sector's middle half▼ 7.6%€6,927within the sector's middle half▼ 70.1%€4,781within the sector's middle half▼ 31.0%-€82,047below the sector's middle half
Equity€35,085below the sector's middle half-€58,274below the sector's middle half▲ 66.1%€65,201below the sector's middle half▲ 11.9%€69,982below the sector's middle half▲ 7.3%-€12,065below the sector's middle half
Total assets€385,732below the sector's middle half-€408,389below the sector's middle half▲ 5.9%€392,355below the sector's middle half▼ 3.9%€421,502below the sector's middle half▲ 7.4%€296,573below the sector's middle half▼ 29.6%
Debt€350,647-€350,115▼ 0.2%€327,154▼ 6.6%€351,520▲ 7.4%€308,638▼ 12.2%
Working capital-€79,094within the sector's middle half--€70,132within the sector's middle half▲ 11.3%-€131,735within the sector's middle half▼ 87.8%-€113,488within the sector's middle half▲ 13.9%-€42,360within the sector's middle half▲ 62.7%
Solvency9.1%below the sector's middle half-14.3%below the sector's middle half▲ 5.2pp16.6%below the sector's middle half▲ 2.3pp16.6%below the sector's middle half=-4.1%below the sector's middle half▼ 20.7pp
Current ratio0.29below the sector's middle half-0.26below the sector's middle half▼ 0.030.12below the sector's middle half▼ 0.140.09below the sector's middle half▼ 0.030.44within the sector's middle half▲ 0.34
Return on assets (ROA)6.5%within the sector's middle half-5.7%within the sector's middle half▼ 0.8pp1.8%within the sector's middle half▼ 3.9pp1.1%within the sector's middle half▼ 0.6pp-27.7%below the sector's middle half▼ 28.8pp
Staff (FTE)0below the sector's middle half0within the sector's middle half
above within below The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €296,573
Fixed assets €263,714 ▼ 35.6%
Current assets €32,859 ▲ 178%
Equity and liabilities
Equity-€12,065
Debt€308,638
Equity is negative. Debt (€308,638) exceeds the balance-sheet total (€296,573).
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€75,219▼
2024 · €125,320
Debt > 1 year
€231,381▲
2024 · €224,161
Income taxes
€2,065▼
2024 · €2,687
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as LOCORUM: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €211,000 and €298,000, founded between 2019 and 2021.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
LOCORUM Sint-Lambrechts-Woluwe2020€296,573-€12,065€52,105-€82,04702025
LMJ GROUP Baelen2019€267,894-€662,263€59,417-€694,37102025
MGA Anzegem2021€298,488€288,568€42,454€30,51702025
Quinta Kasterlee2021€234,855€28,415€40,327€28,85002025
ACTA CONSULTING Kortrijk2019€211,488€123,647€47,336€18,37002025
ALUXES Tournai2019€271,246€70,307€41,294€22,81802025
Fugazi Lier2021€218,878€82,271€43,547€26,35902025

They were chosen from the 20,097 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines

Source: Annual accounts 2025 at the NBB, filed on 19-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€421,502€296,573▼
Fixed assets21/28€409,671€263,714▼
Tangible fixed assets22/27€59,671€30,381▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€18,186€30,381▲
Leasing and similar rights25€41,485€0▼
Financial fixed assets28€350,000€233,333▼
Current assets29/58€11,831€32,859▲
Amounts receivable within one year40/41€3,215€22,829▲
Trade receivables40€3,215€655▼
Other amounts receivable41-€22,174
Cash at bank and in hand54/58€6,766€7,792▲
Deferred charges and accrued income490/1€1,851€2,238▲
Equity and liabilities
Total equity and liabilities10/49€421,502€296,573▼
Equity10/15€69,982-€12,065▼
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14€59,982-€22,065▼
Amounts payable17/49€351,520€308,638▼
Amounts payable after more than one year17€224,161€231,381▲
Financial debts170/4€224,161€231,381▲
Amounts payable within one year42/48€125,320€75,219▼
Current portion of amounts payable after more than one year42€47,038€40,505▼
Trade debts44€21,978€6,107▼
Suppliers440/4€21,978€6,107▼
Taxes, remuneration and social security45€7,309€16,707▲
Taxes450/3€6,789€13,007▲
Remuneration and social security454/9€520€3,700▲
Other amounts payable47/48€48,995€11,900▼
Accrued charges and deferred income492/3€2,040€2,038▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,983€28,602▲
Other operating charges640/8€1,451€1,372▼
Non-recurring operating charges66A-€92,692
Gross operating margin9900€40,796€52,105▲
Operating profit (loss)9901€18,362-€70,562▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€10,894€9,420▼
Recurring financial charges65€10,894€9,420▼
Profit (loss) for the period before taxes9903€7,468-€79,982▼
Income taxes67/77€2,687€2,065▼
Profit (loss) for the period9904€4,781-€82,047▼
Profit (loss) for the period to be appropriated9905€4,781-€82,047▼
Appropriation of the result
Profit (loss) to be appropriated9906€59,982-€22,065▼
Profit (loss) brought forward from the previous period14P€55,201€59,982▲
Social balance sheet
Average headcount (FTE)90870.00.0=

The notes to these accounts have 24 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€671€6,482€9,422€20,983€28,602▲ 36.3%
Other operating charges640/8€535€2,133€1,905€1,451€1,372▼ 5.4%
Non-recurring operating charges66A----€92,692-
Gross operating margin9900€36,786€42,598€24,748€40,796€52,105▲ 27.7%
Operating profit (loss)9901€35,580€33,984€13,422€18,362-€70,562-
Financial income75/76B€0€0€0€0€0-
Recurring financial income75€0€0€0€0€0-
Financial charges65/66B€3,629€4,182€3,749€10,894€9,420▼ 13.5%
Recurring financial charges65€3,629€4,182€3,749€10,894€9,420▼ 13.5%
Profit (loss) for the period before taxes9903€31,950€29,802€9,673€7,468-€79,982-
Income taxes67/77€6,865€6,613€2,746€2,687€2,065▼ 23.1%
Profit (loss) for the period9904€25,085€23,189€6,927€4,781-€82,047-
Profit (loss) for the period to be appropriated9905€25,085€23,189€6,927€4,781-€82,047-
Line20212022202320242025Change
Assets
Total assets20/58€385,732€408,389€392,355€421,502€296,573▼ 29.6%
Fixed assets21/28€352,924€383,893€374,471€409,671€263,714▼ 35.6%
Tangible fixed assets22/27€2,924€33,893€24,471€59,671€30,381▼ 49.1%
Plant, machinery and equipment23€1,646€985€324€0--
Furniture and vehicles24€1,278€4,703€2,333€18,186€30,381▲ 67.1%
Leasing and similar rights25-€28,204€21,814€41,485€0▼ 100%
Financial fixed assets28€350,000€350,000€350,000€350,000€233,333▼ 33.3%
Current assets29/58€32,808€24,496€17,884€11,831€32,859▲ 178%
Amounts receivable within one year40/41€29,188€22,225€16,575€3,215€22,829▲ 610%
Trade receivables40€29,188€22,225€16,575€3,215€655▼ 79.6%
Other amounts receivable41----€22,174-
Cash at bank and in hand54/58€3,198€1,722€767€6,766€7,792▲ 15.2%
Deferred charges and accrued income490/1€422€549€542€1,851€2,238▲ 21.0%
Equity and liabilities
Total equity and liabilities10/49€385,732€408,389€392,355€421,502€296,573▼ 29.6%
Equity10/15€35,085€58,274€65,201€69,982-€12,065-
Contributions10/11€10,000€10,000€10,000€10,000€10,000=
Profit (loss) carried forward14€25,085€48,274€55,201€59,982-€22,065-
Amounts payable17/49€350,647€350,115€327,154€351,520€308,638▼ 12.2%
Amounts payable after more than one year17€238,745€254,792€177,535€224,161€231,381▲ 3.2%
Financial debts170/4€238,745€254,792€177,535€224,161€231,381▲ 3.2%
Amounts payable within one year42/48€111,902€94,628€149,619€125,320€75,219▼ 40.0%
Current portion of amounts payable after more than one year42€58,970€78,290€79,150€47,038€40,505▼ 13.9%
Trade debts44€4,105€4,256€8,264€21,978€6,107▼ 72.2%
Suppliers440/4€4,105€4,256€8,264€21,978€6,107▼ 72.2%
Taxes, remuneration and social security45€12,270€11,953€16,105€7,309€16,707▲ 129%
Taxes450/3€10,420€10,103€12,405€6,789€13,007▲ 91.6%
Remuneration and social security454/9€1,850€1,850€3,700€520€3,700▲ 612%
Other amounts payable47/48€36,556€128€46,099€48,995€11,900▼ 75.7%
Accrued charges and deferred income492/3-€695€0€2,040€2,038▼ 0.1%
Line20212022202320242025Change
Profit (loss) for the period9904€25,085€23,189€6,927€4,781-€82,047-
+ Depreciation and write-downs630€671€6,482€9,422€20,983€28,602▲ 36.3%
Operating cash flow (approximation)€25,756€29,671€16,349€25,764-€53,445-
Investment in fixed assets (approximation)--€37,451€0-€56,183€117,354-
Change in cash--€1,476-€956€6,000€1,026▼ 82.9%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 19-08-2026 2026-00411007 NBB
31-12-2024 full format 29-08-2025 2025-00464748 PDF
31-12-2023 full format 20-06-2024 2024-00166437 PDF
31-12-2022 full format 21-08-2023 2023-00338707 PDF
31-12-2021 full format 31-08-2022 2022-20424566 PDF

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