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LOMAKIN

Active
Private limited companyfounded 200323 yrs activeKortrijkstraat 340, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0479.616.597
Summary

LOMAKIN has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€109,386) and a net result of -€29,309. Equity is shrinking by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 6% of 136 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Manufacture of chemicals and chemical products
NACE 20412NACE 24512
1 site
Size
€14,485total assets 2025
Equity
-€109,386
Loss
-€29,309
Turnover not published (abridged schema)
Financial health
54 Fair Checked score 2025
Bankruptcy chance 12 m
0.6%
Structure
Accounts filed 21 d late0 of 2 deeds read
Why 54Capped at 59: negative equity- Negative equity -€109,386- Loss of €29,309, the second in a row (FY 2025)+ Size: total assets €14,485+ Liquidity: current ratio 1.16, cash €8,076Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 23% of its sector peers (NACE 20, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -755.2% of total assets
Liquidity 52-10
short-term debt 86.3% · cash 55.8%
Profitability 0=
return on assets -202.3%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (351 companies)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%▼ -3.1% vs 11-2024 01-2025: 0.7%▲ +0.9% vs 12-2024 02-2025: 0.7%▼ -2.2% vs 01-2025 03-2025: 0.7%▼ -3.1% vs 02-2025 04-2025: 0.8%▲ +18.9% vs 03-2025 05-2025: 1.2%▲ +47.1% vs 04-2025 06-2025: 1.6%▲ +36.1% vs 05-2025 07-2025: 1.6%● 0.0% vs 06-2025 08-2025: 1.6%● 0.0% vs 07-2025 09-2025: 1.6%● 0.0% vs 08-2025 10-2025: 1.6%▼ -1.0% vs 09-2025 11-2025: 1.6%● 0.0% vs 10-2025 12-2025: 1.5%▼ -3.6% vs 11-2025 01-2026: 1.5%● 0.0% vs 12-2025 02-2026: 1.5%▼ -2.0% vs 01-2026 03-2026: 1.4%▼ -2.9% vs 02-2026 04-2026: 1.6%▲ +13.4% vs 03-2026 05-2026: 2.1%▲ +30.4% vs 04-2026highest value 06-2026: 0.6%▼ -71.2% vs 05-2026 07-2026: 0.6%● 0.0% vs 06-2026 08-2026: 0.6%● 0.0% vs 07-2026 09-2026: 0.6%● 0.0% vs 08-2026 10-2026: 0.6%▼ -1.0% vs 09-2026lowest value
  • Size: total assets €14,485 lowers the probability for this profile
  • Negative equity -€109,386 raises the probability
  • Loss of €29,309, the second in a row (FY 2025) raises the probability
  • Liquidity: current ratio 1.16, cash €8,076 lowers the probability
No credit on open account
Liquidity tight (current ratio 1.16 against 5.44 in 2024; short-term debt: 86.3% and cash: 55.8% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 20, micro). Better than this share of them on solvency 9%, liquidity 55%, profitability 11%, growth against the median 17%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €14,485
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity -€109,386
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Loss of €29,309, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.16, cash €8,076
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€109,386
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-05-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
21 d late
2024
23 d late
2023
7 d early
2022
31 d late
2021
10 d early
2020
28 d early
2019
1 d 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 4 days after the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 21 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close03-10-2026 today30-04-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet -€29,309
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€109,386 View
  • Caution: Among the weakest 7% on solvencysector median 25.6% · 136 companies -755.2% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€29,309 View

By topic

Financials

Fiscal year
2025
Total assets
€14,485
Loss
-€29,309
Solvency
-755.2%
Total assets▼ 66.7%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 30-04-2027
  1. 21-05-2026Annual accounts filed
  2. 30-09-2025Weakest financial year
  3. 23-05-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of chemicals and chemical productsNACE 20412
Founded
20-02-2003
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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