Summary
LONICO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €183,235 and a net result of €35,846. Equity is growing by ~37% per year across the filed fiscal years. Its solvency ranks better than 40% of 8091 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-09-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
20 d early
2023
on the day
2022
on the day
2021
9 d late
2020
58 d early
2019
24 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 18 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 31 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€183,235▲ 24.3%
2024 · €147,389
Net result
€35,846▲ 54.8%
2024 · €23,151
Total assets
€475,012▼ 2.6%
2024 · €487,848
Solvency
38.6%▲ 8.4pp
2024 · 30.2%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€62,987▲ 250%€160,862▲ 155%€9,431▼ 94.1%€34,392▲ 265%€58,402▲ 69.8%
Net result€48,013within the sector's middle half▲ 2,055%€121,937within the sector's middle half▲ 154%€4,670below the sector's middle half▼ 96.2%€23,151within the sector's middle half▲ 396%€35,846within the sector's middle half▲ 54.8%
Equity-€2,369below the sector's middle half▲ 95.3%€119,567below the sector's middle half€124,237below the sector's middle half▲ 3.9%€147,389below the sector's middle half▲ 18.6%€183,235within the sector's middle half▲ 24.3%
Total assets€590,227within the sector's middle half=€496,607below the sector's middle half▼ 15.9%€472,597below the sector's middle half▼ 4.8%€487,848below the sector's middle half▲ 3.2%€475,012within the sector's middle half▼ 2.6%
Debt€592,596▼ 7.5%€377,040▼ 36.4%€348,360▼ 7.6%€340,460▼ 2.3%€291,778▼ 14.3%
Working capital-€194,507below the sector's middle half▲ 27.2%-€61,462within the sector's middle half▲ 68.4%-€55,138within the sector's middle half▲ 10.3%-€45,235within the sector's middle half▲ 18.0%-€5,603within the sector's middle half▲ 87.6%
Solvency-0.4%below the sector's middle half▲ 8.1pp24.1%below the sector's middle half▲ 24.5pp26.3%within the sector's middle half▲ 2.2pp30.2%within the sector's middle half▲ 3.9pp38.6%within the sector's middle half▲ 8.4pp
Current ratio0.28below the sector's middle half▲ 0.220.31below the sector's middle half▲ 0.030.41within the sector's middle half▲ 0.100.62within the sector's middle half▲ 0.210.95within the sector's middle half▲ 0.33
Return on assets (ROA)8.1%within the sector's middle half▲ 7.8pp24.6%above the sector's middle half▲ 16.4pp1.0%within the sector's middle half▼ 23.6pp4.7%within the sector's middle half▲ 3.8pp7.5%within the sector's middle half▲ 2.8pp
Staff (FTE)0within the sector's middle half0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 70% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €475,012
Fixed assets
€378,459 ▼ 8.6%
Current assets
€96,553 ▲ 31.3%
Equity and liabilities €475,012
Equity
€183,235 ▲ 24.3%
Debt
€291,778 ▼ 14.3%
Debt's share of the balance-sheet total falls from 69.8% to 61.4%. Equity is higher and debt is lower.
Key figures and ratios
ROE
19.6%▲
2024 · 15.7%
Debt ≤ 1 year
€102,157▼
2024 · €118,793
Debt > 1 year
€188,417▼
2024 · €221,667
Income taxes
€18,354▲
2024 · €6,291
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57,839 | €46,286 | €34,905 | €36,309 | €35,832 | ▼ 1.3% |
| Other operating charges640/8 | - | €2,410 | €2,458 | €3,259 | €2,810 | ▼ 13.8% |
| Gross operating margin9900 | €123,036 | €209,558 | €46,793 | €73,960 | €97,045 | ▲ 31.2% |
| Operating profit (loss)9901 | €62,987 | €160,862 | €9,431 | €34,392 | €58,402 | ▲ 69.8% |
| Financial income75/76B | - | - | - | €0 | €0 | ▲ 163% |
| Recurring financial income75 | - | - | - | €0 | €0 | ▲ 163% |
| Financial charges65/66B | - | €9,949 | €3,100 | €4,949 | €4,203 | ▼ 15.1% |
| Recurring financial charges65 | €14,974 | €9,949 | €3,100 | €4,949 | €4,203 | ▼ 15.1% |
| Profit (loss) for the period before taxes9903 | €48,013 | €150,913 | €6,331 | €29,443 | €54,200 | ▲ 84.1% |
| Income taxes67/77 | - | €28,976 | €1,661 | €6,291 | €18,354 | ▲ 192% |
| Profit (loss) for the period9904 | €48,013 | €121,937 | €4,670 | €23,151 | €35,846 | ▲ 54.8% |
| Profit (loss) for the period to be appropriated9905 | €48,013 | €121,937 | €4,670 | €23,151 | €35,846 | ▲ 54.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €590,227 | €496,607 | €472,597 | €487,848 | €475,012 | ▼ 2.6% |
| Fixed assets21/28 | €513,555 | €469,197 | €434,292 | €414,291 | €378,459 | ▼ 8.6% |
| Tangible fixed assets22/27 | €513,555 | €469,197 | €434,292 | €414,291 | €378,459 | ▼ 8.6% |
| Land and buildings22 | - | €467,306 | €432,787 | €412,060 | €377,166 | ▼ 8.5% |
| Plant, machinery and equipment23 | - | - | - | €1,112 | €559 | ▼ 49.7% |
| Furniture and vehicles24 | - | €1,891 | €1,505 | €1,120 | €734 | ▼ 34.4% |
| Current assets29/58 | €76,672 | €27,411 | €38,305 | €73,557 | €96,553 | ▲ 31.3% |
| Amounts receivable within one year40/41 | €24,996 | €39 | €30,000 | €65,000 | €86,413 | ▲ 32.9% |
| Trade receivables40 | - | €0 | €30,000 | €65,000 | €86,052 | ▲ 32.4% |
| Other amounts receivable41 | - | €39 | €0 | - | €361 | - |
| Cash at bank and in hand54/58 | €51,676 | €27,372 | €8,305 | €8,557 | €8,975 | ▲ 4.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,166 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €590,227 | €496,607 | €472,597 | €487,848 | €475,012 | ▼ 2.6% |
| Equity10/15 | -€2,369 | €119,567 | €124,237 | €147,389 | €183,235 | ▲ 24.3% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | - | €99,567 | €104,237 | €127,389 | €163,235 | ▲ 28.1% |
| Distributable reserves133 | - | €99,567 | €104,237 | €127,389 | €163,235 | ▲ 28.1% |
| Profit (loss) carried forward14 | -€22,369 | €0 | - | - | - | - |
| Amounts payable17/49 | €592,596 | €377,040 | €348,360 | €340,460 | €291,778 | ▼ 14.3% |
| Amounts payable after more than one year17 | €321,417 | €288,167 | €254,917 | €221,667 | €188,417 | ▼ 15.0% |
| Financial debts170/4 | - | €288,167 | €254,917 | €221,667 | €188,417 | ▼ 15.0% |
| Amounts payable within one year42/48 | €271,179 | €88,873 | €93,443 | €118,793 | €102,157 | ▼ 14.0% |
| Current portion of amounts payable after more than one year42 | - | €33,250 | €33,250 | €33,250 | €33,250 | = |
| Trade debts44 | €0 | €3,214 | €0 | - | €780 | - |
| Suppliers440/4 | - | €3,214 | €0 | - | €780 | - |
| Taxes, remuneration and social security45 | - | €30,974 | €3,631 | €9,051 | €20,312 | ▲ 124% |
| Taxes450/3 | - | €30,974 | €3,631 | €9,051 | €20,312 | ▲ 124% |
| Other amounts payable47/48 | - | €21,435 | €56,562 | €76,492 | €47,815 | ▼ 37.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,204 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48,013 | €121,937 | €4,670 | €23,151 | €35,846 | ▲ 54.8% |
| + Depreciation and write-downs630 | €57,839 | €46,286 | €34,905 | €36,309 | €35,832 | ▼ 1.3% |
| Operating cash flow (approximation) | €105,852 | €168,223 | €39,574 | €59,460 | €71,678 | ▲ 20.5% |
| Investment in fixed assets (approximation) | - | -€1,928 | €0 | -€16,308 | €0 | ▲ 100% |
| Change in cash | - | -€24,304 | -€19,067 | €252 | €418 | ▲ 65.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Equity above €150,000Eq €183,235 ▲24.3%
7 profitable years in a row build equity to €183,235.
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Highest result since 2019net €121,937 ▲154%
Operating result €160,862, net result €121,937, both a record.
31-03
Financial
Equity above €100,000Eq €119,567
4 profitable years in a row build equity to €119,567.
2021
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 9 days late
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €2,228 ▼25.6%
Net result drops to €2,228, the lowest in the series; recovery starts the following year.
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
06-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Kortrijk · 1 establishment unit since 2011
Ground area
1,033 m²
Building footprint
347 m²
Volume, LiDAR
2,453 m³
2 parcels, Flanders · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Lonico
since 20112.204.821.579
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34026B0175/00M000 | Flanders | 772 m² | 1 · 269 m² | 8.7 m · 2 fl. |
| 34352A0219/00K008 | Flanders | 262 m² | 1 · 78 m² | 14.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 13,532 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
Founded29-09-2011
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0840423638
Also
9925:BE0840423638
Registered
31-08-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.