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LOFMAN

Active
Private limited companyfounded 20241 yr activeMolsekiezel 144, 3920 Lommel, BelgiumKBO/BCE: BE 1016.518.923
Summary

LOFMAN has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,894 and a net result of €18,894. Its solvency ranks better than 52% of 28051 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency74
Growth-
Track record67
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 1.93; short-term debt: 50.8% and cash: 79.2% of total assets), but 50.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
49.2%
Return on assets
44.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
18 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

History

On 22 November 2024, LOFMAN was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€20,894
Total assets
€42,510
Net result
€18,894
Working capital
€20,150

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €42,510
Fixed assets €744
Current assets €41,765
Equity and liabilities €42,510
Equity €20,894
Debt €21,615
Debt finances 50.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€26,677
Cash flow
€19,265
Current ratio
1.93
Debt to equity
1.03
ROE
90.4%
ROA
44.4%
Interest coverage
2291.81
Debt ≤ 1 year
€21,615
Income taxes
€7,421
Staff costs
€3,578

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€42,510
Fixed assets21/28€744
Tangible fixed assets22/27€744
Furniture and vehicles24€744
Current assets29/58€41,765
Amounts receivable within one year40/41€7,733
Trade receivables40€7,733
Cash at bank and in hand54/58€33,652
Deferred charges and accrued income490/1€380
Equity and liabilities
Total equity and liabilities10/49€42,510
Equity10/15€20,894
Contributions10/11€2,000
Reserves13€18,000
Distributable reserves133€18,000
Profit (loss) carried forward14€894
Amounts payable17/49€21,615
Amounts payable within one year42/48€21,615
Trade debts44€729
Suppliers440/4€729
Taxes, remuneration and social security45€11,945
Taxes450/3€11,945
Other amounts payable47/48€8,941
Income statement Code2025
Remuneration, social security and pensions62€3,578
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€371
Other operating charges640/8€62
Gross operating margin9900€30,317
Operating profit (loss)9901€26,306
Financial income75/76B€20
Recurring financial income75€20
Financial charges65/66B€12
Recurring financial charges65€12
Profit (loss) for the period before taxes9903€26,315
Income taxes67/77€7,421
Profit (loss) for the period9904€18,894
Profit (loss) for the period to be appropriated9905€18,894
Appropriation of the result
Profit (loss) to be appropriated9906€18,894
Transfer to equity691/2€18,000
To other reserves6921€18,000

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€3,578
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€371
Other operating charges640/8€62
Gross operating margin9900€30,317
Operating profit (loss)9901€26,306
Financial income75/76B€20
Recurring financial income75€20
Financial charges65/66B€12
Recurring financial charges65€12
Profit (loss) for the period before taxes9903€26,315
Income taxes67/77€7,421
Profit (loss) for the period9904€18,894
Profit (loss) for the period to be appropriated9905€18,894
Line2025
Assets
Total assets20/58€42,510
Fixed assets21/28€744
Tangible fixed assets22/27€744
Furniture and vehicles24€744
Current assets29/58€41,765
Amounts receivable within one year40/41€7,733
Trade receivables40€7,733
Cash at bank and in hand54/58€33,652
Deferred charges and accrued income490/1€380
Equity and liabilities
Total equity and liabilities10/49€42,510
Equity10/15€20,894
Contributions10/11€2,000
Reserves13€18,000
Distributable reserves133€18,000
Profit (loss) carried forward14€894
Amounts payable17/49€21,615
Amounts payable within one year42/48€21,615
Trade debts44€729
Suppliers440/4€729
Taxes, remuneration and social security45€11,945
Taxes450/3€11,945
Other amounts payable47/48€8,941
Line2025
Profit (loss) for the period9904€18,894
+ Depreciation and write-downs630€371
Operating cash flow (approximation)€19,265

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
13-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Lommel · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
597 m²
Building footprint
90 m²
Volume, LiDAR
552 m³
Parcel 72020C1364/00W002, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lofman
Molsekiezel 144, 3920 LommelAgents in non-specialised wholesale trade
since 20242.367.030.424
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72020C1364/00W002 Flanders 597 m² 1 · 90 m² 9.2 m · 2 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.

Similar companies · same sector, comparable size

Of 9,536 companies in sector 43222 we hold annual accounts for 5,667. 3,579 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
Founded22-11-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
46190Agents in non-specialised wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:1016518923
Also 9925:BE1016518923
Registered 29-04-2025

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.