Financials
- Financial year
- 2019
- Total assets
- €7.6m
- Loss
- -€153,429
- Solvency
- 47.7%
Summary
LOI 52 has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2019 annual accounts show equity of €3.6m and a net result of -€153,429. The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€7.6mtotal assets 2019
- Equity
- €3.6m
- Loss
- -€153,429
Financial health
- Bankruptcy probabilitywithin 12 months
- 0.9%
2019 figures too old to score
Structure
- Board
- 6 members
- PHIREMAChair · permanent representative Philippe Berlamont
- GAR CONSULTDaily manager · permanent representative Jean-Philip Vroninks
Auditor: Deloitte Bedrijfsrevisoren/Réviseurs d’EntreprisesAccounts 23 days early
Signalsraises riskFigures for financial year 2019 (filed 27-05-2020)Liquidity: current ratio 3.72, cash €25,729lowers riskSector: Real estate activities (NACE 68)Size: total assets €7.6mneutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Financial strength, FY 2019
Average
Solvency
73
equity 47.7% of total assets
Liquidity
50
short-term debt 0.2% · cash 0.3%
Profitability
32
return on assets -2.0%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.8%lowest value
12-2024: 0.8%● unchanged vs 11-2024lowest value
01-2025: 0.9%▲ +0.1 percentage points vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 0.9%● unchanged vs 07-2025
09-2025: 0.9%● unchanged vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 0.9%● unchanged vs 07-2026highest value
09-2026: 0.9%● unchanged vs 08-2026highest value
10-2026: 0.9%● unchanged vs 09-2026highest value
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Signals
Five signals.
−lowers risk+raises risk○neutral
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 08-07-2026, 23 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
23 days early
2024
17 days early
2023
20 days early
2022
32 days early
2021
80 days early
2020
73 days early
2019
72 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 45 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
- Reappointment: Deloitte Réviseurs d'Entreprises (statutory auditor)Permanent representative: Jo Van Baelen…
- Annual accounts filedfinancial year 2025 · unclassified…
- Capital & shares · Amendment of…Auditor report · Capital increase…
Key points
By topic
Board & ownership
- Board
- 6 members
- Auditor
- Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises
- PHIREMAChair
- REVRONChair
- GAR CONSULTDaily manager
- Phirema SRLDirector
- Fuse Finance SàrlDirector
and 1 other director
Network & group
- Connected companies
- 27
Timeline
- Events
- 28
- Since
- 2018
- Next accounts
- by 31-07-2027
- 06-11-2025Amendment of the articles
- 25-07-2025Resignations: Luc Leroi (director) and Damien Rensonnet…
- 14-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Buying and selling of own real estateNACE 68110
- Founded
- 31-10-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 5
- Purpose
- La Société a pour objet exclusif, tant en Belgique qu'à l'étranger, les investissements…
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