LOLO
ActiveSummary
LOLO has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €136,435 and a net result of €70,535. Equity is growing by about 43% per year across the filed financial years. Its solvency ranks better than 72% of 8,969 sector peers (NACE 46, financial year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
- Equity
- €136,435
- Profit
- €70,535
Why 58raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 14-07-2025)lowers riskLiquidity: current ratio 2.52, cash €68,190Founded in 2006Equity €136,435 (65.4% of total assets)Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 71% on solvency, 79% on liquidity, 95% on profitability and 94% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 6 accounts on average 29 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · abbreviated…
- Equity above €100,000equity €136,435 ▲107%
- Annual accounts filedfinancial year 2023 · abbreviated…
Financials · financial year 2024, abbreviated format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 26 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result falls in 2024; 2024 is 17% below 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 31,373 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 31,373 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | €5,057 | €10,778 | ▲ 113% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €877 | - | - | - | €261 | €483 | €3,862 | ▲ 699% |
| Other operating charges640/8 | - | - | - | €462 | €6,970 | €132 | €2,958 | ▲ 22× |
| Gross operating margin9900 | -€1,588 | -€30,315 | €8,839 | €8,338 | €86,835 | €122,871 | €114,637 | ▼ 6.7% |
| Operating profit (loss)9901 | -€4,247 | -€30,832 | €8,720 | €7,876 | €79,604 | €117,199 | €97,039 | ▼ 17.2% |
| Financial income75/76B | - | - | - | €3 | €171 | €63 | €1,272 | ▲ 20× |
| Recurring financial income75 | €4,745 | €364 | €0 | €3 | €171 | €63 | €1,272 | ▲ 20× |
| Financial charges65/66B | - | - | - | €1,369 | €2,632 | €6,951 | €1,967 | ▼ 71.7% |
| Recurring financial charges65 | €5,287 | €1,358 | €353 | €1,369 | €2,632 | €6,951 | €1,967 | ▼ 71.7% |
| Profit (loss) for the period before taxes9903 | -€4,789 | -€31,826 | €8,367 | €6,510 | €77,143 | €110,311 | €96,344 | ▼ 12.7% |
| Income taxes67/77 | €155 | €20 | €0 | - | - | €23,194 | €25,809 | ▲ 11.3% |
| Profit (loss) for the period9904 | -€4,943 | -€31,845 | €8,367 | €6,510 | €77,143 | €87,117 | €70,535 | ▼ 19.0% |
| Profit (loss) for the period to be appropriated9905 | -€4,943 | -€31,845 | €8,367 | €6,510 | €77,143 | €87,117 | €70,535 | ▼ 19.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €77,008 | €40,506 | €41,129 | €52,971 | €83,014 | €150,024 | €208,483 | ▲ 39.0% |
| Fixed assets21/28 | - | - | - | - | €2,155 | €1,672 | €27,209 | ▲ 16× |
| Intangible fixed assets21 | - | - | - | - | - | - | €5,565 | - |
| Tangible fixed assets22/27 | - | - | - | - | €2,155 | €1,672 | €21,644 | ▲ 13× |
| Furniture and vehicles24 | - | - | - | - | €2,155 | €1,672 | €21,644 | ▲ 13× |
| Current assets29/58 | €77,008 | €40,506 | €41,129 | €52,971 | €80,859 | €148,352 | €181,274 | ▲ 22.2% |
| Stocks and contracts in progress3 | €33,475 | €24,752 | €25,750 | €27,160 | €33,000 | €34,650 | €35,200 | ▲ 1.6% |
| Stocks30/36 | - | - | - | €27,160 | €33,000 | €34,650 | €35,200 | ▲ 1.6% |
| Amounts receivable within one year40/41 | €33,352 | €15,024 | €14,549 | €24,984 | €18,526 | €56,882 | €77,884 | ▲ 36.9% |
| Trade receivables40 | - | - | - | €24,984 | €14,164 | €34,719 | €34,214 | ▼ 1.5% |
| Other amounts receivable41 | - | - | - | - | €4,362 | €22,163 | €43,670 | ▲ 97.0% |
| Cash at bank and in hand54/58 | €683 | €730 | €830 | €827 | €29,333 | €56,820 | €68,190 | ▲ 20.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €77,008 | €40,506 | €41,129 | €52,971 | €83,014 | €150,024 | €208,483 | ▲ 39.0% |
| Equity10/15 | -€81,392 | -€113,237 | -€104,870 | -€98,360 | -€21,217 | €65,901 | €136,435 | ▲ 107% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €117,835 | ▲ 63× |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | - | - | - | €117,835 | - |
| Profit (loss) carried forward14 | -€101,852 | -€133,697 | -€125,330 | -€118,820 | -€41,677 | €45,441 | €0 | ▼ 100% |
| Amounts payable17/49 | €158,400 | €153,743 | €145,999 | €151,331 | €104,231 | €84,124 | €72,048 | ▼ 14.4% |
| Amounts payable within one year42/48 | €156,039 | €153,743 | €145,999 | €151,331 | €104,231 | €84,124 | €72,048 | ▼ 14.4% |
| Trade debts44 | €12,212 | €8,303 | €1,499 | €5,921 | €5,331 | €56,014 | €25,858 | ▼ 53.8% |
| Suppliers440/4 | - | - | - | €5,921 | €5,331 | €56,014 | €25,858 | ▼ 53.8% |
| Taxes, remuneration and social security45 | - | - | - | €5,171 | €0 | €23,796 | €42,730 | ▲ 79.6% |
| Taxes450/3 | - | - | - | €5,171 | €0 | €23,377 | €40,835 | ▲ 74.7% |
| Remuneration and social security454/9 | - | - | - | - | - | €419 | €1,895 | ▲ 353% |
| Other amounts payable47/48 | - | - | - | €140,239 | €98,900 | €4,314 | €3,460 | ▼ 19.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,943 | -€31,845 | €8,367 | €6,510 | €77,143 | €87,117 | €70,535 | ▼ 19.0% |
| + Depreciation and write-downs630 | €877 | - | - | - | €261 | €483 | €3,862 | ▲ 699% |
| Operating cash flow (approximation) | -€4,066 | -€31,845 | €8,367 | €6,510 | €77,404 | €87,600 | €74,396 | ▼ 15.1% |
| Investment in fixed assets (approximation) | - | - | - | - | - | €0 | -€29,399 | - |
| Change in cash | - | €47 | €99 | -€3 | €28,506 | €27,487 | €11,370 | ▼ 58.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | abbreviated format | 08-07-2025 | 2025-00265356 |
| 31-12-2023 | abbreviated format | 28-08-2024 | 2024-00382821 |
| 31-12-2022 | abbreviated format | 31-08-2023 | 2023-00398059 |
| 31-12-2021 | abbreviated format | 09-08-2022 | 2022-20287166 |
| 31-12-2020 | abbreviated format | 23-08-2021 | 2021-52100287 |
| 31-12-2019 | micro format | 13-11-2020 | 2020-71000391 |
| 31-12-2018 | micro format | 23-08-2019 | 2019-51800570 |
| 31-12-2017 | micro format | 31-08-2018 | 2018-61800597 |
| 31-12-2016 | micro format | 29-08-2017 | 2017-51300391 |
| 31-12-2015 | abbreviated format | 13-07-2016 | 2016-32500390 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MARTENS Barbara Jacqueline Micheline Josephine |
|
Owners and capital
Capital and shareholders
- 16-01-2024 Converted to unavailable equity · €20,460
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
16-01
Gazette deed
Resignation: MARTENS Barbara Jacqueline Micheline Josephine (manager)Reappointment: MARTENS Barbara Jacqueline Micheline Josephine (director) · Amendment of the articles · Capital conversion12 facts ▸
- General meeting, 20-12-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening, beschikbaar voor uitkering” (deed in Dutch)
- Registered office clause, “Vlaams Gewest, 9831 Sint-Martens-Latem,Burggraaf Henri de Spoelberchdreef 2” (deed in Dutch)
- Director resignation, MARTENS Barbara Jacqueline Micheline Josephine (manager)
- Director discharge, MARTENS Barbara Jacqueline Micheline Josephine
- Director reappointment, MARTENS Barbara Jacqueline Micheline Josephine (director)
- Power of attorney
- Power of attorney, Nicolas INDEKEU
- Share issue, 186, “gelijk recht in de winstverdeling” (deed in Dutch)
- Board composition, MARTENS Barbara Jacqueline Micheline Josephine (director)
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44015A0284/00L004 | Flanders | 314 m² | 1 · 314 m² | 6.5 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Handel in het groot, confectie, creatie, agentuur en vertegenwoordiging van textiel, schoeisel, balerinas, decoratieartikelen, bloemen…” (deed in Dutch)
12 activities (deed in Dutch)
- Handel in het groot, confectie, creatie, agentuur en vertegenwoordiging van textiel, schoeisel, balerinas, decoratieartikelen, bloemen, geschenkartikelen voor groot en klein, en al wat daarmee rechtstreeks of onrechtstreeks verband houdt.
- De vennootschap zal in het algemeen alle commerciële, industriële, financiële, roerende of onroerende handelingen mogen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn het bereiken ervan geheel of ten dele te vergemakkelijken.
- Zij mag deelnemen bij wijze van inbreng, versmelting, inschrijving of andere tussenkomst aan alle bestaande of op te richten vennootschappen, zowel in België als in buiteland en waarvan het voorwerp gelijkaardig of aanverwant is aan het hare.
- Deze opsomming is verklarend en niet beperkend en moet verstaan worden in de uitgebreidste zin.
- En al wat daarmede rechtstreeks of onrechtstreeks verband houdt.
- De vennootschap kan alle verrichtingen uitvoeren die nodig, of dienstig zijn voor de verwezenlijking van haar voorwerp.
- Zij kan alle burgerlijke, handels-, roerende en onroerende verrichtingen afsluiten die rechtstreeks of onrechtstreeks verband houden met één of andere tak van haar voorwerp of van aard zijn de zaken van de vennootschap uit te breiden of te bevorderen.
- Zij mag deelnemen bij wijze van inbreng, fusie, inschrijving of andere tussenkomst aan alle bestaande of op te richten vennootschappen, zowel in België als in het buitenland en waarvan het voorwerp gelijkaardig of aanverwant is aan het hare.
- Deze opsomming is verklarend en niet beperkend en dient verstaan te worden in de ruimste zin.
- Zij kan de functie of mandaat van bestuurder of vereffenaar van andere vennootschappen uitoefenen.
- Zij kan borg staan ten voordele van haar eigen bestuurders, aandeelhouders en andere vennootschappen of personen.
- Het voorwerp kan gewijzigd worden bij besluit van de Algemene Vergadering, gehouden ten overstaan van een Notaris en mits inachtneming van de voorschriften van het Wetboek van vennootschappen en verenigingen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- LOLO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De vennootschap is gebonden door de rechtshandelingen verricht door haar bestuursorgaan, zelf indien deze handelingen buiten haar voorwerp…”
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of March at 19:00