Equity
€10,312 from €52,708 in 2023
Equity fell by 80% in 2 years.
LOONBURO
Lifetime
5 annual accounts with figures on one time axispeak €334,149 (2025)
€334,149▲ 64.2%
lowest -€8,454 (2021)
€97,067▲ 104%
peak €52,708 (2023)
€10,312unchanged
€299,808▲ 21.8%
Board1 name since 2020
1 directorVANDECANDELAERE Lieven Steven Michel
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €203,549 to €334,149Result from €47,604 to €97,067Dividend €97,067Debts from €246,050 to €299,808Cash from €113 to €31,701
Key points
from the 2025 annual accountsTurnover
≈ €500,000 estimated
The micro format states no turnover.
Debts
€299,808 97% of the balance sheet
Financial debts 40%Suppliers 1%Taxes and wages 15%Other 43%
Of this, €194,500 falls due within a year.
Staff
7 employees on 31-12-2025
In 2025, 2 people joined and 1 left.
Filings
5 annual accounts 3 late
The 2023 accounts came latest: 30 days after the end of the period.
Position in the sector
3.3%
Lower solvency than 85% of companies in office administrative support. Sector median 50.3% · 9,701 companies.
Checked score
85
Excellent
Financially stronger than 39% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.6%▲ +0.1 percentage points vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.7%▲ +0.1 percentage points vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 1.1%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 0.3%▼ -0.8 percentage points vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Equity €10,312 (3.3% of total assets)
Founded in 2020
lowers risk
Sector: Office administrative, office support and other business support activities (NACE 82)
Size: total assets €310,120
Calculation
The band follows from the bankruptcy probability. 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 82, micro). It does better than 16% of them on solvency, 16% on liquidity, 87% on profitability and 39% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as LOONBURO has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
The bankruptcy probability of LOONBURO itself is lower: 0.3% within 12 months. It rests on far more data about LOONBURO than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,153 companies, not a prediction for LOONBURO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.96 (0.9 in 2024), below 1. Short-term debt is 62.7% and cash 10.2% of total assets. 96.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 9701 sector peers (2025).
NBB · sector comparisonPosition among 9701 sector peers
Solvency
better than 15%
← weakest
strongest →
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
27 days late
2024
23 days early
2023
30 days late
2022
24 days late
2021
18 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 8 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% 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 24 August (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VANDECANDELAERE Lieven Steven Michel 120 sharesdeed of 11-12-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0759619173
Incorporation
Founding capital of €5,000, 120 shares · Founder: VANDECANDELAERE Lieven Steven Michel · Appointment: VANDECANDELAERE Lieven Steven Michel (director) · published on 11-12-2020 · Gazette deed
First establishment
Jules Lagaelaan 13A, Roeselare
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LOONBURO Roeselare | €310,120 | €334,149 | 3.3% | - |
| Euconsulting Beerse | €316,530 | €299,123 | 31.6% | 4.3 |
| ATRYON BELGIUM Charleroi | €360,623 | €310,735 | 21.8% | - |
| SA-GI CONSULTING Morlanwelz | €323,721 | €296,348 | 50.4% | - |
| GELEZEN EN BEGREPEN Oudenaarde | €295,426 | €268,040 | 11.1% | - |
| H.P.B. Gestion Sociale Welkenraedt | €393,814 | €361,428 | 25.4% | 2.3 |
| Global Listening Project Auderghem | €327,338 | €324,578 | 97.7% | - |
These companies have the same main activity as LOONBURO: other business support services (NACE 82990). They are comparable in size and age: total assets between €295,000 and €394,000, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 09-12-2020Normal situation
- Activity
- Other business support servicesNACE 82990and 4 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.310.455.4708800 Roeselare, since 09-12-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Annual accounts 2025
- €310,120▲ 21.0%
- Employeeson 31-12-2025
- 7▲ 16.7%
- Filing
- Filed on 27-08-2026
Insights on LOONBURO
LOONBURO files the micro format. That format states no turnover. The gross margin rose from -€3,619 in 2021 to €334,149 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LOONBURO
- What is the company number of LOONBURO?
- The company number of LOONBURO is 0759.619.173. The VAT number is the same number with BE in front: BE 0759.619.173.
- Where is LOONBURO based?
- The registered office is at Izegemseaardeweg 157, 8800 Roeselare.Company details
- What does LOONBURO do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of LOONBURO?
- LOONBURO is a private limited company (BV).
- When was LOONBURO founded?
- LOONBURO was founded on 09-12-2020.
- Is LOONBURO still active?
- Yes, LOONBURO is an active enterprise in the KBO register.
- How many employees does LOONBURO have?
- LOONBURO had an average of 5.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LOONBURO fall under?
- In its 2025 annual accounts, LOONBURO states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of LOONBURO?
- The turnover in financial year 2025 is ≈ €500,000. This figure is estimated from the gross margin of €334,149 and 33 comparable companies (NACE 82990). It probably lies between €410,000 and €700,000.
- Is LOONBURO profitable?
- In financial year 2025, LOONBURO made a profit of €97,067.
- Where can I find the annual accounts of LOONBURO?
- LOONBURO filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LOONBURO due?
- LOONBURO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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