Loravi
ActiveSummary
Loravi has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€33,618) and a net result of -€6,951. Equity is shrinking by ~82.3% per year across the filed fiscal years. Its solvency ranks better than 15% of 19364 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability67▲+56
Solvency20▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 0.01 in 2023; short-term debt: 105.3% and cash: 2.2% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-5.3%
Return on assets
-1.1%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year -€33,618
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
35 d early
2022
41 d early
2021
40 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 39 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€33,618▼ 26.1%
2023 · -€26,667
Total assets
€640,055▲ 2.1%
2023 · €627,062
Net result
-€6,951▲ 82.0%
2023 · -€38,704
Working capital
-€656,719▼ 1.2%
2023 · -€648,920
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€22,147--€10,198-€33,738▼ 231%-€6,810▲ 79.8%
Net result€14,719--€12,682-€38,704▼ 205%-€6,951▲ 82.0%
Equity€24,719-€12,037▼ 51.3%-€26,667-€33,618▼ 26.1%
Total assets€343,390-€264,237▼ 23.1%€627,062▲ 137%€640,055▲ 2.1%
Debt€318,671-€252,200▼ 20.9%€653,729▲ 159%€673,674▲ 3.1%
Working capital€24,719-€12,037▼ 51.3%-€648,920-€656,719▼ 1.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6,810 in 2024 against €33,738 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €640,055
Fixed assets
€623,101 ▲ 0.1%
Current assets
€16,954 ▲ 253%
Key figures and ratios
EBITDA
€14,671▲
2023 · -€19,246
Cash flow
€14,530▲
2023 · -€24,212
Solvency
-5.3%▼
2023 · -4.3%
Current ratio
0.03▲
2023 · 0.01
Debt to equity
-20.04▲
2023 · -24.51
ROA
-1.1%▲
2023 · -6.2%
Interest coverage
104.05▲
2023 · -3.88
Debt ≤ 1 year
€673,674▲
2023 · €653,729
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 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €14,492 | €21,482 | ▲ 48.2% |
| Other operating charges640/8 | €1,051 | €469 | €655 | €3,068 | ▲ 368% |
| Gross operating margin9900 | €23,198 | -€9,729 | -€18,591 | €17,739 | ▲ 195% |
| Operating profit (loss)9901 | €22,147 | -€10,198 | -€33,738 | -€6,810 | ▲ 79.8% |
| Financial charges65/66B | €3,698 | €2,484 | €4,966 | €141 | ▼ 97.2% |
| Recurring financial charges65 | €3,698 | €2,484 | €4,966 | €141 | ▼ 97.2% |
| Profit (loss) for the period before taxes9903 | €18,449 | -€12,682 | -€38,704 | -€6,951 | ▲ 82.0% |
| Income taxes67/77 | €3,730 | €0 | - | - | - |
| Profit (loss) for the period9904 | €14,719 | -€12,682 | -€38,704 | -€6,951 | ▲ 82.0% |
| Profit (loss) for the period to be appropriated9905 | €14,719 | -€12,682 | -€38,704 | -€6,951 | ▲ 82.0% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €343,390 | €264,237 | €627,062 | €640,055 | ▲ 2.1% |
| Fixed assets21/28 | - | - | €622,254 | €623,101 | ▲ 0.1% |
| Tangible fixed assets22/27 | - | - | €622,254 | €623,101 | ▲ 0.1% |
| Land and buildings22 | - | - | €622,254 | €623,101 | ▲ 0.1% |
| Current assets29/58 | €343,390 | €264,237 | €4,809 | €16,954 | ▲ 253% |
| Stocks and contracts in progress3 | €190,880 | €250,165 | €0 | - | - |
| Stocks30/36 | €190,880 | €250,165 | €0 | - | - |
| Amounts receivable within one year40/41 | €15,463 | €9,157 | €1,634 | €1,803 | ▲ 10.4% |
| Trade receivables40 | €14,520 | €77 | €691 | €860 | ▲ 24.5% |
| Other amounts receivable41 | €943 | €9,080 | €943 | €943 | = |
| Cash at bank and in hand54/58 | €137,047 | €4,915 | €2,486 | €14,354 | ▲ 477% |
| Deferred charges and accrued income490/1 | - | - | €689 | €797 | ▲ 15.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €343,390 | €264,237 | €627,062 | €640,055 | ▲ 2.1% |
| Equity10/15 | €24,719 | €12,037 | -€26,667 | -€33,618 | ▼ 26.1% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €14,719 | €2,037 | -€36,667 | -€43,618 | ▼ 19.0% |
| Amounts payable17/49 | €318,671 | €252,200 | €653,729 | €673,674 | ▲ 3.1% |
| Amounts payable within one year42/48 | €318,671 | €252,200 | €653,729 | €673,674 | ▲ 3.1% |
| Financial debts43 | €120,000 | €240,000 | €0 | - | - |
| Credit institutions430/8 | €120,000 | €240,000 | €0 | - | - |
| Trade debts44 | €55,353 | €550 | €1,818 | €1,646 | ▼ 9.5% |
| Suppliers440/4 | €55,353 | €550 | €1,818 | €1,646 | ▼ 9.5% |
| Taxes, remuneration and social security45 | €67,631 | €0 | €5,262 | €378 | ▼ 92.8% |
| Taxes450/3 | €67,631 | €0 | €5,262 | €378 | ▼ 92.8% |
| Other amounts payable47/48 | €75,688 | €11,650 | €646,650 | €671,650 | ▲ 3.9% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,719 | -€12,682 | -€38,704 | -€6,951 | ▲ 82.0% |
| + Depreciation and write-downs630 | - | - | €14,492 | €21,482 | ▲ 48.2% |
| Operating cash flow (approximation) | €14,719 | -€12,682 | -€24,212 | €14,530 | ▲ 160% |
| Investment in fixed assets (approximation) | - | - | - | -€22,329 | - |
| Change in cash | - | -€132,131 | -€2,429 | €11,868 | ▲ 589% |
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
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€38,704
Net result drops to -€38,704, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Lede · 1 establishment unit since 2020
Ground area
259 m²
Building footprint
67 m²
Volume, LiDAR
437 m³
Parcel 41052E0143/00H000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Loravi
since 20202.310.053.614
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41052E0143/00H000 | Flanders | 259 m² | 1 · 67 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,698 companies in sector 68121 we hold annual accounts for 7,385. 3,349 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
Founded24-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.