Equity
Equity fell by 71% in 4 years.
Equity fell by 71% in 4 years.
The micro format states no turnover.
Of this, €290,147 falls due within a year.
The 2020 accounts came 27 days late. The other five were filed on time.
Lower solvency than 88% of companies in architecture and engineering. Sector median 53.9% · 11,794 companies.
The dashed line is the sector median: 0.1% across 14,829 companies (NACE 71, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 71, micro). It does better than 12% of them on solvency, 14% on liquidity, 69% on profitability and 7% 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).
In July 2024, 875 companies had the same profile as LOONIT has now. Each dot stands for 3 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LOONIT itself: 0.2% within 12 months.
The method was tested on the 497,447 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 875 companies, not a prediction for LOONIT. 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.
Liquidity is insufficient, with a current ratio of 0.22 (0.52 in 2024), below 1. Short-term debt is 38.2% and cash 0.5% of total assets. 95.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 6 accounts on average 14 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| LOONIT Uccle | €760,047 | €249,967 | 4.7% | - |
| Arscensio Hasselt | €700,625 | €217,874 | 50.2% | - |
| Mennes Consulting Bierbeek | €732,071 | €305,007 | 96.6% | - |
| FDL TECHNICS Boutersem | €807,146 | €211,099 | 63.5% | - |
| FREMEN Geo Esneux | €726,678 | €311,050 | 74.8% | 4.9 |
| NUVIA BE Brussels | €615,047 | €303,200 | -3.3% | - |
| BUREAU D'EXPERTISE MATRICHE Anderlecht | €455,134 | €243,128 | 98.6% | - |
These companies have the same main activity as LOONIT: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €455,000 and €807,000, founded between 2018 and 2020.
LOONIT files the micro format. That format states no turnover. The gross margin rose from €128,414 in 2020 to €249,967 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €500,000. Estimated: probably between €390,000 and €650,000.
Higher than 11% of 11,794 companies in 2025.
Lower than 95% of 11,521 companies in 2025.
Higher than 65% of 11,605 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
760,047 | 948,598 | 978,435 | 953,481 | 366,385 | 135,948 | |
21/28 |
695,360 | 794,787 | 839,054 | 862,019 | 293,343 | 20,071 | |
22/27 |
695,360 | 794,787 | 839,054 | 862,019 | 293,343 | 20,071 | |
22 |
679,813 | 775,022 | 811,722 | 848,422 | 278,761 | - | |
23 |
7,583 | 8,642 | 9,702 | 3,798 | - | - | |
24 |
7,964 | 11,123 | 17,631 | 9,799 | 14,581 | 20,071 | |
29/58 |
64,687 | 153,811 | 139,381 | 91,462 | 73,043 | 115,878 | |
40/41 |
57,854 | 67,713 | 131,902 | 44,180 | 33,041 | 39,982 | |
40 |
55,605 | 66,378 | 21,109 | 44,119 | 33,041 | 39,982 | |
41 |
2,249 | 1,335 | 110,793 | 61 | - | - | |
54/58 |
4,082 | 83,391 | 5,145 | 45,758 | 38,859 | 74,729 | |
490/1 |
2,751 | 2,707 | 2,334 | 1,525 | 1,143 | 1,166 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
760,047 | 948,598 | 978,435 | 953,481 | 366,385 | 135,948 | |
10/15 |
36,000 | 123,000 | 123,000 | 123,000 | 123,499 | 90,082 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |
13 |
33,000 | 120,000 | 120,000 | 120,000 | 120,499 | 87,082 | |
133 |
33,000 | 120,000 | 120,000 | 120,000 | 120,499 | 87,082 | |
17/49 |
724,047 | 825,598 | 855,435 | 830,481 | 242,887 | 45,867 | |
17 |
433,901 | 532,251 | 585,716 | 638,343 | 200,316 | - | |
170/4 |
433,901 | 532,251 | 585,716 | 638,343 | 200,316 | - | |
42/48 |
290,147 | 293,347 | 269,719 | 192,138 | 42,341 | 45,867 | |
42 |
32,137 | 53,465 | 52,627 | 51,854 | 20,948 | - | |
44 |
4,977 | 2,521 | 178 | 753 | 332 | 168 | |
440/4 |
4,977 | 2,521 | 178 | 753 | 332 | 168 | |
45 |
28,642 | 68,101 | 35,300 | 37,918 | 18,005 | 45,552 | |
450/3 |
28,642 | 68,101 | 35,300 | 37,918 | 18,005 | 45,552 | |
47/48 |
224,390 | 169,260 | 181,614 | 101,613 | 3,056 | 146 | |
492/3 |
- | - | - | - | 229 | - | |
| Income statement | |||||||
9900 |
249,967 | 304,192 | 328,004 | 205,849 | 57,111 | 128,414 | |
630 |
38,119 | 44,267 | 44,684 | 36,464 | 7,002 | 2,608 | |
640/8 |
4,734 | 4,662 | 3,523 | 2,402 | 1,430 | 1,134 | |
9901 |
207,115 | 255,263 | 279,797 | 166,982 | 48,679 | 124,672 | |
75/76B |
5 | 0 | 3 | 17 | - | - | |
75 |
5 | 0 | 3 | 17 | - | - | |
65/66B |
9,817 | 9,828 | 10,640 | 11,177 | 1,217 | 189 | |
65 |
9,817 | 9,828 | 10,640 | 11,177 | 1,217 | 189 | |
9903 |
197,302 | 245,435 | 269,160 | 155,822 | 47,463 | 124,484 | |
67/77 |
46,433 | 60,222 | 64,619 | 36,049 | 14,045 | 35,402 | |
9904 |
150,869 | 185,213 | 204,541 | 119,773 | 33,417 | 89,082 | |
9905 |
150,869 | 185,213 | 204,541 | 119,773 | 33,417 | 89,082 | |
| Appropriation of the result | |||||||
9906 |
150,869 | 185,213 | 204,541 | 119,773 | 33,417 | 89,082 | |
791/2 |
87,000 | - | - | 572 | - | - | |
691/2 |
- | - | - | - | 33,417 | 87,082 | |
6921 |
- | - | - | - | 33,417 | 87,082 | |
694/7 |
237,869 | 185,213 | 204,541 | 120,344 | - | 2,000 | |
694 |
237,869 | 185,213 | 204,541 | 120,344 | - | 2,000 | |
| Document | |||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 25-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-07-2026 | 2026-00331326 | |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00184791 | |
| 31-12-2023 | micro format | 02-07-2024 | 2024-00194067 | |
| 31-12-2022 | micro format | 13-07-2023 | 2023-00232028 | |
| 31-12-2021 | micro format | 07-07-2022 | 2022-20155393 | |
| 31-12-2020 | micro format | 27-08-2021 | 2021-56700450 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 245,233 | 299,530 | 324,481 | 203,446 | 55,682 | 127,280 | ||
| 188,988 | 229,480 | 249,225 | 156,237 | 40,420 | 91,690 | ||
| -61,309 | 0 | 21,720 | 605,068 | 280,816 | 22,679 | ||
| -79,308 | 78,246 | -40,613 | 6,899 | -35,870 | - | ||
| -225,459 | -139,536 | -130,338 | -100,676 | 30,701 | 70,011 | ||
| 4.7% | 13.0% | 12.6% | 12.9% | 33.7% | 66.3% | ||
| 0.22 | 0.52 | 0.52 | 0.48 | 1.73 | 2.53 | ||
| 20.11 | 6.71 | 6.95 | 6.75 | 1.97 | 0.51 | ||
| 419.1% | 150.6% | 166.3% | 97.4% | 27.1% | 98.9% | ||
| 19.8% | 19.5% | 20.9% | 12.6% | 9.1% | 65.5% | ||
| 24.98 | 30.48 | 30.50 | 18.20 | 45.77 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €21,720 | €605,068 | €280,816 |
| €38,119 | €44,267 | €44,684 | €36,464 | €7,002 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 19% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 87.0% to 95.3%. Equity and debt are lower.
LOONIT has no parent and no holdings in its annual accounts. LOONIT shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
LOONIT was incorporated on 27 February 2020 as a private limited company by one natural person, with a starting capital of €3,000.12 The registered office was moved to Uccle in 2024.3 The board currently has 2 members. BELLVER GRANDA Antonio has served longest, since 2020.4 Total assets rose from €135,948 in 2020 to €760,047 in 2025.5
| Establishment | Since | Unit number |
|---|---|---|
| René Lyrlaan 14 registered office 1180 Uccle 64210 Activities of holding companies | 27-02-2020 | 2.302.484.941 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21614H0056/02Z058 | 169 m² | 1 · 169 m² | 9.5 m · 2 |
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