LOFAMAT

Active

Private limited companyfounded 20215 yrs activeChaussée Impériale 97, 6060 Charleroi, BelgiumKBO/BCE: BE 0761.480.385

The computed 12-month bankruptcy probability of LOFAMAT is 3.0% (moderate). The 2024 annual accounts show negative equity (€-76) and a net result of €-16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 15868 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

26 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0=

Solvency25▼-14

Growth32=

Track record94

Bankruptcy probability, 12 months

3.0% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.42 against 0.36 in 2023; short-term debt: 61.8% and cash: 12.7% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

-0.1%

Return on assets

-24.7%

Age of the figures

21 mo

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 →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

21222324

2021 to 2024 · latest year €-76

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

28 d early

2023

30 d early

2022

32 d early

2021

34 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€-76

2023 · €16k

2021: €25k 2022: €72k 2023: €16k

2021 → 2024

Total assets

€65k▼ 43.3%

2023 · €115k

2021: €39k 2022: €119k 2023: €115k

2021 → 2024

Net result

€-16k▲ 71.3%

2023 · €-56k

2021: €13k 2022: €49k 2023: €-56k

2021 → 2024

Working capital

€-23k▲ 27.7%

2023 · €-32k

2021: €31k 2022: €32k 2023: €-32k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€25k-€72k▲ 193%€16k▼ 77.8%€-76

Operating result€13k-€45k▲ 257%€-49k€-17k▲ 64.7%

Net result€13k-€49k▲ 292%€-56k€-16k▲ 71.3%

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 €17k in 2024 against €49k in 2023; the loss shrinks.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €65k

74.3%

25.7%

Fixed assets €48k▼ 50.0%

Current assets €17k▼ 7.6%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-4k▲

2023 · €-29k

Cash flow

€-3k▲

2023 · €-36k

Solvency

-0.1%▼

2023 · 13.9%

Current ratio

0.42▲

2023 · 0.36

Quick ratio

0.42▲

2023 · 0.36

ROA

-24.7%▲

2023 · -48.8%

Interest coverage

-3.70▲

2023 · -9.35

Debt

€65k▼

2023 · €99k

Debt ≤ 1 year

€40k▼

2023 · €51k

Debt > 1 year

€25k▼

2023 · €48k

Income taxes

€251▼

2023 · €11k

Equity ratios withheld: equity of €-76 is too small for a meaningful ratio.

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€115k€65k▼

Fixed assets21/28€97k€48k▼

Tangible fixed assets22/27€97k€48k▼

Furniture and vehicles24€90k€43k▼

Other tangible fixed assets26€7k€5k▼

Current assets29/58€18k€17k▼

Amounts receivable within one year40/41€20€4k▲

Trade receivables40-€4k

Other amounts receivable41€20€20=

Cash at bank and in hand54/58€13k€8k▼

Deferred charges and accrued income490/1€6k€5k▼

Equity and liabilities

Total equity and liabilities10/49€115k€65k▼

Equity10/15€16k€-76▼

Contributions10/11€12k€12k=

Reserves13€60k€4k▼

Distributable reserves133€60k€4k▼

Profit (loss) carried forward14€-56k€-16k▲

Amounts payable17/49€99k€65k▼

Amounts payable after more than one year17€48k€25k▼

Financial debts170/4€43k€19k▼

Other amounts payable178/9€6k€6k▲

Amounts payable within one year42/48€51k€40k▼

Current portion of amounts payable after more than one year42€34k€24k▼

Trade debts44€347€9k▲

Suppliers440/4€347€9k▲

Taxes, remuneration and social security45€16k€7k▼

Taxes450/3€16k€7k▼

Income statement Code20232024

Remuneration, social security and pensions62€366-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€13k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€11k-

Provisions for liabilities and charges: additions (uses and reversals)635/8-€-8k

Other operating charges640/8€3k-

Gross operating margin9900€-14k€-12k▲

Operating profit (loss)9901€-49k€-17k▲

Financial income75/76B€7k€3k▼

Recurring financial income75€0€734▲

Non-recurring financial income76B€7k€2k▼

Financial charges65/66B€3k€1k▼

Recurring financial charges65€3k€1k▼

Profit (loss) for the period before taxes9903€-45k€-16k▲

Income taxes67/77€11k€251▼

Profit (loss) for the period9904€-56k€-16k▲

Profit (loss) for the period to be appropriated9905€-56k€-16k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-9k€-72k▼

Profit (loss) brought forward from the previous period14P€47k€-56k▼

Transfer from equity791/2-€56k

Transfer to equity691/2€47k-

To other reserves6921€47k-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

2025

03-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

01-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €-56k ▼213%

Net result drops to €-56k, the lowest in the series; recovery starts the following year.

29-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Highest result since 2021net €49k ▲292%

Operating result €45k, net result €49k, both a record.

27-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

12-11-2025 Resigned as Director

Location & real-estate footprint

Registered office, Charleroi · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Chaussée Impériale 976060 Charleroi

Ground area

2,854 m²

Building footprint

2,025 m²

Parcel 52026D1072/00D000, Wallonia. Linked by address, not a title deed.