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LOCRAD

Active Private limited companyfounded 1998active for 28 yearsPlace Emile-Dupont 7, 4000 LiègeKBO/BCE: BE 0464.466.880

Lifetime

18 annual accounts with figures on one time axis, 25 filings since 1999
peak €107,919 (2007)
€9,55315 months
lowest -€3,936 (2019)
€6,03415 months
peak €296,455 (2010)
€118,752▼ 35.3%
€2,189▼ 65.2%
peak 3 FTE (2012)
-not published
Board1 name since 2024
1 director
Documentsfilings and deeds
21-06-202640 days before the deadline
2025micro format
Financial year from 01-10-2024 to 31-12-2025, 15 monthsEquity from €183,669 to €118,752Debts from €6,297 to €2,189Cash from €171,065 to €103,843

Key points

from the 2025 annual accounts

Equity

€118,752 from €296,455 in 2010

Equity fell by 60% in 15 years.

Liquidity

48.86 was 27.94 in 2024

Short-term debts fell from €6,297 to €2,189.

Filings

25 annual accounts since 1999
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 40 to 162 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,044 companies had the same profile as LOCRAD has now. Each dot stands for 43 companies, two years later.

94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,044 companies, not a prediction for LOCRAD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
Board & ownership

Recent changes

Change of role: , from manager to director “Toutes opérations relatives à la construction,l'aménagement et l'exploitation d'un centre d'affaires y compris…” (deed in French) · Director discharge: · General meeting of 16-10-2024 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0464466880
First establishment Route des Moulins 35, Anthisnes
Incorporation published on 10-11-1998 · Gazette deed
All 35 events

Comparable companies

same main activity, similar in size and age
Company
LOCRAD Liège €120,940 €9,553 98.2% -
MENTHA Hoegaarden €159,663 €9,696 79.4% -
MOTRON Aartselaar €169,630 €12,068 19.2% -
AT CARE Sint-Gillis-Waas €69,957 €10,412 76.8% -
HEXACATH BELGIUM Ixelles €96,025 €6,015 83.8% -
VIRILAB Ixelles €129,924 €17,834 83.2% -
A.E.M.T. Huldenberg €135,612 €20,775 70.9% -

These companies have the same main activity as LOCRAD: wholesale of pharmaceutical and medical goods (NACE 46460). They are comparable in size and age: total assets between €70,000 and €170,000, founded between 1988 and 2004.

Official details

Source: KBO
Status
Active since 29-10-1998Normal situation
Activity
Wholesale of pharmaceutical and medical goodsNACE 46460
Establishment unit
2.089.162.0464163 Anthisnes, since 10-11-1998
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2025

≈ €110,000estimated
€120,940
Filing
Filed on 21-06-2026, 40 days before the end of the filing period
Financials

Insights on LOCRAD

LOCRAD files the micro format. That format states no turnover. The gross margin fell from €107,919 in 2007 to €9,553 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about LOCRAD

What is the company number of LOCRAD?
The company number of LOCRAD is 0464.466.880. The VAT number is the same number with BE in front: BE 0464.466.880.
Where is LOCRAD based?
The registered office is at Place Emile-Dupont 7, 4000 Liège.Company details
What does LOCRAD do?
According to the KBO register, the main activity is wholesale of pharmaceutical and medical goods (NACE 46460).
What is the legal form of LOCRAD?
LOCRAD is a private limited company (BV).
When was LOCRAD founded?
LOCRAD was founded on 29-10-1998.
Is LOCRAD still active?
Yes, LOCRAD is an active enterprise in the KBO register.
What is the turnover of LOCRAD?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €9,553 and 53 comparable companies (NACE 464). It probably lies between €57,000 and €320,000. It is a rough estimate. In financial year 2024 turnover was €17,940.Financials
Is LOCRAD profitable?
In financial year 2025, LOCRAD made a profit of €6,034.
Where can I find the annual accounts of LOCRAD?
LOCRAD filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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