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LOOP

Active Public limited companyfounded 1992active for 34 yearsRue Emile Vandervelde 219, 4860 PepinsterKBO/BCE: BE 0447.252.053 #2 company by equity in Pepinster, Construction sector
LOOP
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Overview

Lifetime

19 annual accounts with figures on one time axis, 33 filings since 1992
Gross marginpeak €390,945 (2022)
€260,673▼ 23.4%
Resultlowest -€8,824 (2011)
€58,359▼ 51.3%
Equitypeak €861,534 (2025)
€861,534▲ 7.3%
Debts
€61,226▼ 1.7%
Staffpeak 7.2 FTE (2011)
-not published
Board2 names since 2015
2 directorsBODART Frédéric and 1 other
Documentsfilings and deeds
09-07-202622 days before the deadline
2025abbreviated format
Gross margin from €340,282 to €260,673Result from €119,902 to €58,359

Key points

from the 2025 annual accounts

Equity

€861,534 ▲ 7.3%

LOOP has made a profit without a break since 2015.

Result

€58,359 ▼ 51.3%
€120,0002024€58,4002025

The result fell in 2025 from €119,902 to €58,359.

Turnover

≈ €580,000 estimated

The accounts state no turnover.

Staff

2.9 FTE from 7.2 in 2011

Between 2011 and 2025, 60% of the full-time equivalents disappeared.

Filings

33 annual accounts since 1992
AprilJune31 JulyOctober200020102020

Three of the last ten came late. The 2017 accounts came latest: 27 days after the end of the period.

Position in the sector

93.4%

Higher solvency than 95% of companies in specialised construction. Sector median 44.0% · 9,926 companies.

Checked score

97
Excellent
Financially stronger than 73% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,692 companies (NACE 43, micro).

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

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

Solvency
100=equity 93.4% of total assets
Liquidity
100=short-term debt 6.2% · cash 51.9%
Profitability
77-9return on assets 6.3%

Score breakdown

raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 13.79, cash €478,787
Equity €861,534 (93.4% of total assets)
Size: total assets €922,760
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 43, micro). It does better than 90% of them on solvency, 98% on liquidity, 52% on profitability and 51% on growth.

The bankruptcy probability was computed on 05-11-2026 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, 31,368 companies had the same profile as LOOP has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of LOOP itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 31,368 companies, not a prediction for LOOP. 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 €80,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 13.79 (13.38 in 2024), above the usual 1.5. Short-term debt is 6.2% and cash 51.9% of total assets. 6.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 13.79, cash €478,787
NBB · annual accounts
lowers risk · Equity €861,534 (93.4% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €922,760
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 days early
2024
13 days early
2023
34 days early
2022
42 days early
2021
24 days early
2020
12 days late
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 7 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BF
BODART Frédéric
Managing director
RL
RODRIGUEZ LOPEZ Jennifer
Director, since 29-10-2015
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0447252053
Company renamed from H. LOOP to LOOP Reappointments: BODART Frédéric (managing director) and RODRIGUEZ LOPEZ Jennifer (director) · Capital of €61,973.38, 250 shares · General meeting of 04-05-2023 · Gazette deed
Reappointments: Jennifer Rodriguez-Lopez (director) and Frédéric Bodart (managing director) General meeting of 10-06-2021 · Gazette deed
First establishment Rue Emile Vandervelde 219, Pepinster
All 48 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
LOOP Pepinster €0.9m €260,673 93.4% -
Pascal TASSET et Fils Herve €0.9m €237,646 81.2% -
SERIAL Liège €1.0m €301,993 90.0% -
DE KEYSER Tervuren €0.9m €262,802 65.4% -
FLOW TECHNICS Knokke-Heist €1.0m €269,212 51.2% 2.9
VALCKE ALGEMENE ELECTRICITEIT Wevelgem €0.8m €282,821 87.9% -
STROUVEN Geetbets €0.9m €293,151 25.8% 3.2

These companies have the same main activity as LOOP: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €839,000 and €1m, founded between 1990 and 1993.

Official details

Source: KBO
Status
Active since 22-04-1992Normal situation
Activity
General electrical installation workNACE 43211and 1 other
Joint committee
100Auxiliary committee for blue-collar workers · annual accounts 2021
Establishment unit
2.057.423.5474860 Pepinster, since 12-05-1992
Financial year end
31 December
Peppol
Reachable since 15-09-2025
Company details

Annual accounts 2025

Gross margin
€260,673▼ 23.4%
Profit
€58,359▼ 51.3%
Equity
€861,534▲ 7.3%
Total assets
€922,760▲ 6.6%
Employeeson 31-12-2025
4▲ 33.3%
Filing
Filed on 09-07-2026, 22 days before the end of the filing period
Financials

Insights on LOOP

LOOP files the abbreviated format. That format states no turnover. The gross margin rose from €133,283 in 2007 to €260,673 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 09-07-2026, 22 days before the deadline
Gross margin
€260,673
▼ 23.4%
Operating result
€75,188
▼ 56.3%
Profit
€58,359
▼ 51.3%
Working capital
€733,497
▲ 7.1%
Solvency
93.4%
▲ 0.6 percentage points
Current ratio
13.79
▲ 0.41

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €580,000. Estimated: probably between €510,000 and €720,000.

In the rankings #2 company by equity in Pepinster, Construction sector#3 oldest company in Pepinster, Construction sector#7 company by total assets in Pepinster, Construction sector

Balance sheet

balance sheet total €922,760 on 31-12-2025
What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Position in the sector

Compare with sector

Solvency93.4%

Higher than 95% of 9,926 companies in 2025.

Current ratio13.79

Higher than 95% of 9,790 companies in 2025.

Return on assets6.3%

Higher than 54% of 9,859 companies in 2025.

LOOP Middle half of the sector 80% of the sector Abbreviated accounts in specialised construction (NACE 43)

Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter · Staff: middle half

Staff

Staff cost per FTE€51,945

Staff costs divided by the average number of full-time equivalents.

Joined and left+0

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
Total assets20/58 922,760865,464813,211735,644549,460458,027378,038316,807278,735234,057209,478227,176229,461230,445231,967238,890256,720255,296197,767
Fixed assets21/28 131,907125,554109,72396,15673,22981,35894,06955,77022,55529,91232,96540,99538,67924,37926,18118,58726,79340,10126,914
Intangible fixed assets21 -------000000000---
Tangible fixed assets22/27 131,757125,404109,57396,00673,07981,20893,91955,62022,40529,76232,81539,27236,95622,59325,54017,94626,15339,46126,764
Land and buildings22 -----49,21248,23026,7972,8180008841,7682,8313,894537716-
Plant, machinery and equipment23 64,39976,24283,46861,89955,215--0001,4493,0284,6076,1865220---
Furniture and vehicles24 67,35849,16226,10634,10617,86431,99645,69028,82319,58729,76231,36735,98530,94713,86221,15114,05225,61638,74526,764
Other tangible fixed assets26 -------00002595187771,036----
Financial fixed assets28 1501501501501501501501501501501501,7231,7231,785640640640640150
Current assets29/58 790,853739,910703,487639,488476,230376,670283,968261,037256,180204,146176,513186,181190,781206,066205,787220,304229,927215,195170,853
Stocks and contracts in progress3 31,82025,34424,81122,19814,8457,9855,5854,2322,5785,0095,1106,1508,30011,80018,30019,25011,3208,9319,223
Stocks30/36 31,82025,34424,81122,19814,8457,9855,5854,2322,5785,0095,1106,1508,30011,80018,30019,25011,3208,9319,223
Amounts receivable within one year40/41 177,631137,475105,94653,56242,974109,65260,45373,07941,40448,82841,49724,12447,06052,91159,42954,734101,66034,97242,604
Trade receivables40 80,17554,76063,80013,21515,68194,22939,49352,38526,04438,43432,89115,91528,21833,56836,17129,55254,51313,37829,819
Other amounts receivable41 97,45682,71542,14640,34727,29315,42320,96020,69415,36010,3948,6068,20918,84119,34323,25825,18247,14721,59412,785
Current investments50/53 102,615202,6152,6152,6152,6152,6152,6152,6152,6152,6152,6152,6152,6152,6152,6152,5502,48736,60941,609
Cash at bank and in hand54/58 478,787374,477566,852557,925415,788254,310212,215177,800206,071142,018122,713148,228127,975134,410119,724139,893113,547134,68377,417
Deferred charges and accrued income490/1 --3,2643,18892,1083,1023,3113,5115,6764,5785,0634,8324,3315,7183,876913--
Balance sheet: equity and liabilities
Total equity and liabilities10/49 922,760865,464813,211735,644549,460458,027378,038316,807278,735234,057209,478227,176229,461230,445231,967238,890256,720255,296197,767
Equity10/15 861,534803,175778,273665,237505,972423,568353,672291,981239,593177,55979,562151,369151,774151,561134,117142,941172,271150,447127,769
Contributions10/11 61,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,973
Capital10 61,97361,97361,97361,97361,973--------------
Issued capital100 61,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,973
Reserves13 799,561741,202716,299603,264443,999311,706241,810180,119127,73165,69715,69715,69715,69715,69715,69715,69715,69715,69715,698
Non-distributable reserves130/1 6,1976,1976,1976,1976,1976,197-------------
Legal reserve130 6,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,198
Tax-exempt reserves132 ------------------9,500
Distributable reserves133 793,364735,004710,102597,067437,801305,509235,613173,921121,53459,5009,5009,5009,5009,5009,5009,5009,5009,500-
Profit (loss) carried forward14 0----49,88949,88949,88949,88949,8891,89173,69874,10373,89056,44665,27094,60072,77750,098
Amounts payable17/49 61,22662,28934,93870,40643,48834,45924,36524,82639,14156,498129,91675,80777,68778,88497,85195,94984,449104,84969,998
Amounts payable after more than one year17 3,8706,9913,2023,7572,431--03,0036,5259,96214,3151,0006,12515,3306,7468,77914,4545,517
Financial debts170/4 3,8706,9913,2023,7572,431--03,0036,5259,96213,31505,12514,3305,7468,77914,4545,517
Other amounts payable178/9 ----------01,0001,0001,0001,0001,000---
Amounts payable within one year42/48 57,35555,29931,73766,49240,35634,43424,36524,82636,13949,973119,95461,46576,65572,69282,51789,20375,67090,39564,481
Current portion of amounts payable after more than one year42 ------03,0033,5233,4373,3533,2715,1259,2059,7733,0905,7135,7722,841
Trade debts44 22,31617,1947,60731,62113,96017,7927,1468,36420,71412,43533,93036,71350,97048,23757,49274,54652,15670,50553,880
Suppliers440/4 22,31617,1947,60731,62113,96017,7927,1468,36420,71412,43533,93036,71350,97048,23757,49274,54652,15670,50553,880
Advances received on contracts in progress46 ----------0--------
Taxes, remuneration and social security45 35,03938,10524,12934,87126,39710,84910,84411,40010,20931,73346,49721,48117,09715,25012,56111,56817,80112,7663,622
Taxes450/3 19,62325,78210,69521,08714,7841,4281,5231,6181,57620,20533,6546,9071,4901,2981,0949407,4201,9431,411
Remuneration and social security454/9 15,41612,32313,43413,78411,6139,4219,3219,7828,63211,52812,84414,57315,60713,95111,46710,62810,38110,8232,211
Other amounts payable47/48 -----5,7936,3762,0591,6942,36936,17403,46302,6920-1,3524,138
Accrued charges and deferred income492/3 ---15770025--0-02732673----
Income statement
Non-recurring operating income76A -------47,17721,3889,524-1,500-2,489---934-
Gross operating margin9900 260,673340,282340,106390,945289,161234,547218,873192,177204,170261,395243,797172,587154,031172,856141,199157,510184,197153,468133,283
Remuneration, social security and pensions62 150,641138,923150,751132,564137,939108,798105,88695,46990,17588,710124,204146,248139,212140,551136,444128,659120,583111,858110,703
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 31,81526,46024,19726,03125,74326,93126,33823,13511,77716,34518,04117,51413,71714,37412,83711,18117,29219,65515,190
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 ------0-376--453829--2,946-378--3,9137,237--
Other operating charges640/8 2,8312,7002,6182,3932,7301,7461,8681,7486485252,5961,9833,0431,6152,0957,8051,9162,4231,427
Non-recurring operating charges66A 1991306327989-----0250-0--292-8,393
Operating profit (loss)9901 75,188172,069162,478229,678122,66097,07384,78172,201101,570156,26898,1276,8421,00416,694-10,17713,77837,17019,5335,963
Financial income75/76B 7,1262,72750212184632072451884021,1581,0593,6323,5663,8551,0361,563
Recurring financial income75 7,1262,72750212184632072451884021,1581,0593,6323,5663,8551,0361,563
Financial charges65/66B 3692792903332602973818381,2682,2688708069191,1201,5974,2643,9212,6622,858
Recurring financial charges65 3692792903332602973818381,2682,2688708069191,1201,5974,2643,9212,6622,858
Profit (loss) for the period before taxes9903 81,945174,517162,193229,345122,40296,78884,41771,826100,509154,24597,4457,6881,24319,122-8,14213,08036,81218,841-3,725
Income taxes67/77 23,58654,61449,15870,08039,99826,89222,72619,43838,47556,24835,2178,0941,0301,678682-25714,9883,1754,065
Profit (loss) for the period9904 58,359119,902113,035159,26582,40469,89661,69252,38762,03497,99862,227-40521317,444-8,82413,33721,82415,666-7,790
Transfer from tax-exempt reserves789 ----9,500--------------
Profit (loss) for the period to be appropriated9905 58,359119,902113,035159,26591,90469,89661,69252,38762,03497,99862,227-40521317,444-8,82413,33721,82415,666-7,790
Appropriation of the result
Profit (loss) to be appropriated9906 58,359119,902113,035159,265141,792119,785111,580102,276111,92399,889135,92573,69874,10373,89056,446107,93794,60072,77750,098
Profit (loss) brought forward from the previous period14P ----49,889--------------
Transfer from equity791/2 095,000-----------------
Transfer to equity691/2 58,359119,902113,035159,265141,79269,89661,69252,38762,03450,000---------
To other reserves6921 58,359119,902113,035159,265141,79269,89661,69252,38762,03450,000---------
Profit to be distributed694/7 095,000--------134,034----42,667---
Return on contributions (dividend)694 095,000--------134,034----42,667---
Social balance sheet
Average staff (FTE)9087 2.93.13.54.143.64.143.64.55.85.86.56.97.26.35.94.34.8
Hours worked1013 4,6454,9045,6386,4806,5204,9826486,6285,9426,1148,2688,3268,6408,7359,2949,0878,9807,0797,902
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The accounts for 14 older financial years (1992-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 16 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 09-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 09-07-2026 2026-00277455 PDF
31-12-2024 micro format 18-07-2025 2025-00283432 PDF
31-12-2023 micro format 27-06-2024 2024-00169059 PDF
31-12-2022 micro format 19-06-2023 2023-00137505 PDF
31-12-2021 micro format 07-07-2022 2022-20168707 PDF
31-12-2020 micro format 12-08-2021 2021-48200437 PDF
31-12-2019 micro format 27-08-2020 2020-46000512 PDF
31-12-2018 micro format 02-07-2019 2019-28200183 PDF
31-12-2017 micro format 27-08-2018 2018-51000435 PDF
31-12-2016 full format 13-07-2017 2017-32500522 PDF
31-12-2015 full format 25-08-2016 2016-48800036 PDF
31-12-2014 full format 21-08-2015 2015-45200485 PDF
31-12-2013 full format 22-08-2014 2014-45600284 PDF
31-12-2012 full format 26-08-2013 2013-47800506 PDF
31-12-2011 full format 06-08-2012 2012-38800290 PDF
31-12-2010 full format 26-08-2011 2011-45200520 PDF
31-12-2009 full format 15-10-2010 2010-58000468 PDF
31-12-2008 full format 15-10-2010 2010-58000539 PDF
31-12-2007 full format 23-02-2009 2009-05200266 PDF
31-12-2005 full format 28-08-2006 2006-69205060 PDF
31-12-2004 full format 20-12-2005 2005-90503094 PDF
31-12-2003 full format 29-03-2005 2005-09303402 PDF
31-12-2002 full format 28-11-2003 2003-81200071 PDF
31-12-2001 full format 24-12-2002 2002-78804969 PDF
31-12-2000 full format 15-10-2001 2001-64500615 PDF
31-12-1999 full format 13-10-2000 2000-65100697 PDF
31-12-1998 full format 08-11-1999 1999-57703240 PDF
31-12-1997 full format 17-07-1998 1998-34202918 PDF
31-12-1996 full format 25-08-1997 1997-39301277 PDF
31-12-1995 full format 12-07-1996 1996-34001064 PDF
31-12-1994 full format 03-11-1995 1995-56104571 PDF
31-12-1993 full format 20-06-1994 1994-16805329 PDF
31-12-1992 full format 01-07-1993 1993-21204482 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
EBITDA 107,002198,529186,675255,709148,403124,003111,11995,337113,347172,613116,16724,35614,72231,0692,66024,95954,46139,18821,153
Cash flow 90,174146,363137,232185,296108,14796,82788,02975,52373,811114,34280,26817,10913,93031,8194,01324,51839,11535,3217,400
Investment in fixed assets 38,16842,29137,76448,95817,61514,21964,63756,3509,76713,29111,70019,83028,08012,57320,4315,1383,98332,8427,006
Change in cash 104,311-192,3758,926142,137161,47842,09534,415-28,27164,05419,305-25,51520,253-6,43514,685-20,16926,347-21,13657,266-
Working capital 733,497684,612671,751572,996435,874342,236259,603236,211220,041154,17356,559124,715114,126133,375123,270131,100154,257124,800106,372
Solvency 93.4%92.8%95.7%90.4%92.1%92.5%93.6%92.2%86.0%75.9%38.0%66.6%66.1%65.8%57.8%59.8%67.1%58.9%64.6%
Current ratio 13.7913.3822.179.6211.8010.9411.6510.517.094.091.473.032.492.832.492.473.042.382.65
Quick ratio 13.2312.9221.389.2811.4310.7111.4310.347.023.981.432.932.382.672.272.252.892.282.51
Debt to equity 0.070.080.040.110.090.080.070.090.160.321.630.500.510.520.730.670.490.700.55
ROE 6.8%14.9%14.5%23.9%16.3%16.5%17.4%17.9%25.9%55.2%78.2%-0.3%0.1%11.5%-6.6%9.3%12.7%10.4%-6.1%
ROA 6.3%13.9%13.9%21.6%15.0%15.3%16.3%16.5%22.3%41.9%29.7%-0.2%0.1%7.6%-3.8%5.6%8.5%6.1%-3.9%
Interest coverage over 100over 100over 100over 100over 100--------------

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.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date43343
full-time43343
part-time0----
in full-time equivalents33--3
Average over the year, in full-time equivalents2.93.13.54.14
On a permanent contract22222
Joined21131
Left21223

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€38,168€42,291€37,764€48,958€17,615
Financial fixed assets€0----
Depreciation and write-downs of the year€31,815€26,460€24,197€26,031€25,743

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on LOOP

The operating result for 2025 is 56% lower than in 2024 and the lowest since 2018.

Debt's share of the balance-sheet total falls from 7.2% to 6.6%. Equity is higher and debt is lower.

Board & ownership

Board

2 directors, 1 in day-to-day management
BODART Frédéric
Director and managing director
director since 29-10-2015 managing director in office according to the deed of 31-08-2021 6-year term from 2023
listed in the 2025 annual accounts, filed on 09-07-2026
RODRIGUEZ LOPEZ Jennifer
Director
since 29-10-2015 6-year term from 2023
listed in the 2025 annual accounts, filed on 09-07-2026
Day-to-day management
BODART Frédéric

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
BODART Frédéric
Director, Managing director
RODRIGUEZ LOPEZ Jennifer
Director
LeadershipBoardRest of the termmandate already running before its first mention
Mandates as a list
  • BODART Frédéric
    • Director, from 29-10-2015 to date
    • Managing director, since before 31-08-2021
  • RODRIGUEZ LOPEZ Jennifer
    • Director, from 29-10-2015 to date

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€61,973.38
Shares
250
Contribution per share
€248
Equity per share
€3,446 in 2025
Source
deed of 02-06-2023

Articles of association

deed of 02-06-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors
“Scrutin ballottage plus voix puis plus âgé à parité, 6 ans”
“À un collègue par écrit pour réunion déterminée, majorité présents/représentés”
“Rémunération des administrateurs, si et dans quelle mesure mandat rémunéré indemnité fixe ou variable”
“Administrateur unique, si nombre inférieur à deux suite démission révocation décès ou autre raison, assemblée vote exprès soit ne pas nommer…”
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Pouvoirs des liquidateurs, assemblée générale autrement à majorité des voix”

Network & group

No group

LOOP has no parent and no holdings in its annual accounts. LOOP shares no director with another company.

Timeline

Timeline

48 events since 1992

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 22 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0447252053
Annual accounts 2024 filed PDFmicro format · 13 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 34 days before the deadline
2023
Liquidity more than doubled current ratio 22.17 The current ratio rises from 9.62 to 22.17. Short-term debt falls from €66,492 to €31,737.
Annual accounts 2022 filed PDFmicro format · 42 days before the deadline
Company renamed from H. LOOP to LOOPReappointments: BODART Frédéric (managing director) and RODRIGUEZ LOPEZ Jennifer (director) · Capital of €61,973.38, 250 shares · General meeting of 04-05-20237 points ▸
  • General meeting, 04-05-2023
  • Name change, LOOP
  • Capital, €61,973.38, 250 shares
  • Registered office clause, rue Emile Vandervelde 219, 4860 PEPINSTER (Wegnez)
  • Director reappointment, BODART Frédéric
  • Director reappointment, RODRIGUEZ LOPEZ Jennifer
  • Director reappointment, BODART Frédéric (managing director)
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

2022
Highest result from 2007 to 2025 net €159,265 ▲93.3% The operating result of €229,678 and the net result of €159,265 are both a record.
Annual accounts 2021 filed PDFmicro format · 24 days before the deadline
2021
Equity above €500,000 equity €505,972 ▲19.5% After 7 profitable years in a row, equity reaches €505,972.
Reappointments: Jennifer Rodriguez-Lopez (director) and Frédéric Bodart (managing director)General meeting of 10-06-20213 points ▸
  • General meeting, 10-06-2021
  • Director reappointment, Jennifer Rodriguez-Lopez
  • Director reappointment, Frédéric Bodart (managing director)

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFmicro format · 12 days late
2020
Annual accounts 2019 filed PDFmicro format · 27 days late
2019
Annual accounts 2018 filed PDFmicro format · 29 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 27 days late
2017
Equity above €200,000 equity €239,593 ▲34.9% After 3 profitable years in a row, equity reaches €239,593.
Annual accounts 2016 filed PDFfull format · 18 days before the deadline
2016
Liquidity more than doubled current ratio 4.09 The current ratio rises from 1.47 to 4.09. Short-term debt falls from €119,954 to €49,973.
Annual accounts 2015 filed PDFfull format · 25 days late
2015
Back to profit net €62,227 The net result is €62,227, after one loss-making year.
Annual accounts 2014 filed PDFfull format · 21 days late
2014
Annual accounts 2013 filed PDFfull format · 22 days late
2013
Annual accounts 2012 filed PDFfull format · 26 days late
2012
Back to profit net €17,444 The net result is €17,444, after one loss-making year.
Annual accounts 2011 filed PDFfull format · 6 days late
2011
Weakest financial year net -€8,824 The net result drops to -€8,824, the lowest from 2007 to 2025. It recovers the following year.
Annual accounts 2010 filed PDFfull format · 26 days late
2010
Annual accounts 2008 filed PDFfull format · 441 days late
Annual accounts 2009 filed PDFfull format · 76 days late
2009
Annual accounts 2007 filed PDFfull format · 207 days late
2008
Back to profit net €15,666 The net result is €15,666, after one loss-making year.
Equity above €150,000 equity €150,447 ▲17.7% Equity rises from €127,769 to €150,447.
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1997
Annual accounts 1996 filed PDFfull format
1996
Annual accounts 1995 filed PDFfull format
1995
Annual accounts 1994 filed PDFfull format
1994
Annual accounts 1993 filed PDFfull format
1993
Annual accounts 1992 filed PDFfull format
1992
First establishment Rue Emile Vandervelde 219, Pepinster
Incorporation published on 15-05-1992

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 22 April 1992, LOOP was incorporated.1 In 2023 the company took the name LOOP.2 Total assets went from €316,807 in 2018 to €922,760 in 2025 and headcount from 4 to 2.9 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 02-06-2023
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0447.252.053
VAT number
BE 0447.252.053
Peppol ID
0208:0447252053
Other Peppol ID
9925:BE0447252053
Legal form
Public limited company
Status
Active, normal situation
Founded
22-04-1992
Financial year
ends on 31 December
Peppol
Reachable since 15-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
LOOP in French
Former name
H. LOOP until the deed of 02-06-2023
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 02-06-2023 (in French)

Activities

NACEBEL 2025
VAT activities
43211 General electrical installation work main activity
47540 Retail sale of electrical household appliances
Social security (RSZ) activities
43211 General electrical installation work main activity
Joint committees annual accounts 2021
JC 100 Auxiliary committee for blue-collar workers
Codes under NACEBEL 2008
VAT activities
43211 Specialised construction activities main activity
47540 Retail trade
Social security (RSZ) activities
43211 Specialised construction activities main activity
Codes under NACEBEL 2003
VAT activities
45310 main activity
52450
Social security (RSZ) activities
45310 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“L'entreprise d'électricité générale et industrielle,; Le commerce de gros et de détail ainsi que le dépannage et la réparation de tous…”
3 activities
  1. L'entreprise d'électricité générale et industrielle,
  2. Le commerce de gros et de détail ainsi que le dépannage et la réparation de tous appareils électroménagers ainsi que de radio et télévision,
  3. Le commerce de gros et de détail de tout matériel électrique.
deed of 02-06-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue Emile Vandervelde 219 registered office 4860 Pepinster 12-05-1992 2.057.423.547

Location

registered office establishment approximate The establishment unit on the map

Recognitions

Recognised contractor

2 categories
H. LOOP SAapproval number 29449
  • P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 2, up to €330,000
  • P2 Electrical and electromechanical installations of structures and industry, outdoor installationsclass 1, up to €162,000
decision 17-03-2023

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0447.252.053

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