Loreco
ActiveFrom the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Loreco has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €902,931 and a net result of €16,418. Equity has been growing by about 3.2% per year since 2018. Its solvency ranks better than 63% of 10,798 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
KBO- Status
- Active since 20-12-2007 Normal situation
- Activity
- Activities of head offices NACE 70100
- Establishment unit
- 2.168.049.770 3940 Hechtel-Eksel, since 20-12-2007
- Financial year end
- 30 December
- Peppol
- Reachable since 07-08-2025
Board and ownership
- Reynders KristelDirector · since 20-12-2007
- Holdings
- Shares in 1 company Unic-Helchteren
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €4,286
- ▼ 2.2%
- Turnover
- ≈ €17,000
- estimated
- Profit
- €16,418
- ▲ 12.2%
- Equity
- €902,931
- ▲ 1.9%
- Total assets
- €1.4m
- ▼ 0.7%
Score breakdownraises riskLiquidity: current ratio 0.16, cash €35,744lowers riskSize: total assets €1.4mFigures for financial year 2025 (filed on 29-06-2026)Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 62% of them on solvency, 29% on liquidity, 14% on profitability and 45% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 23 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-06-2026 at the NBB all 19 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 5% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Comparable companies
These companies have the same main activity as Loreco: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €856,000 and €2.2m, founded between 2003 and 2012.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| Loreco Hechtel-Eksel | 2007 | €1.4m | €0.9m | €0.004m | €0.02m | 2025 |
| KALLOGY Anzegem | 2003 | €1.1m | €1.0m | €0.004m | -€0.02m | 2025 |
| DE GEEST PROJECT Wevelgem | 2007 | €2.2m | €2.2m | €0.005m | -€0.04m | 2025 |
| INVEST PAUL TRAEN Damme | 2005 | €0.9m | -€0.06m | €0.004m | -€0.06m | 2025 |
| MW CONSULT & CONSTRUCT Destelbergen | 2004 | €2.2m | €0.4m | €0.004m | -€0.07m | 2025 |
| T77 Brugge | 2012 | €1.5m | €0.02m | €0.005m | -€0.003m | 2025 |
| VW Consult Evergem | 2007 | €0.9m | €0.1m | €0.006m | -€0.07m | 2025 |
They were chosen from the 3,691 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €4,519 | €1,053 | - | €257 | €375 | €375 | = |
| Other operating charges640/8 | - | - | - | €1,563 | €1,583 | €1,428 | €1,404 | €1,447 | ▲ 3.1% |
| Gross operating margin9900 | €7,034 | €4,590 | €12,882 | €13,120 | €15,947 | €3,608 | €4,384 | €4,286 | ▼ 2.2% |
| Operating profit (loss)9901 | €5,559 | €3,042 | €6,803 | €10,503 | €14,364 | €1,923 | €2,605 | €2,464 | ▼ 5.4% |
| Financial income75/76B | - | - | - | €29,993 | €59,987 | €30,465 | €30,432 | €30,313 | ▼ 0.4% |
| Recurring financial income75 | €25,207 | €25,049 | €29,993 | €29,993 | €59,987 | €30,465 | €30,432 | €30,313 | ▼ 0.4% |
| Financial charges65/66B | - | - | - | €9,931 | €9,518 | €13,696 | €16,768 | €14,546 | ▼ 13.3% |
| Recurring financial charges65 | €27,559 | €15,340 | €11,872 | €9,931 | €9,518 | €13,696 | €16,768 | €14,546 | ▼ 13.3% |
| Profit (loss) for the period before taxes9903 | €3,206 | €12,750 | €24,924 | €30,566 | €64,833 | €18,692 | €16,269 | €18,231 | ▲ 12.1% |
| Income taxes67/77 | €360 | €1,435 | €2,515 | €2,987 | €6,063 | €1,863 | €1,633 | €1,813 | ▲ 11.0% |
| Profit (loss) for the period9904 | €2,846 | €11,315 | €22,409 | €27,578 | €58,770 | €16,829 | €14,636 | €16,418 | ▲ 12.2% |
| Profit (loss) for the period to be appropriated9905 | €2,846 | €11,315 | €22,409 | €27,578 | €58,770 | €16,829 | €14,636 | €16,418 | ▲ 12.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.6m | €1.4m | €1.3m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | ▼ 0.7% |
| Fixed assets21/28 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Tangible fixed assets22/27 | - | - | €0.001m | - | - | €0.002m | €0.001m | €0.001m | ▼ 30.2% |
| Furniture and vehicles24 | - | - | - | - | - | €0.002m | €0.001m | €0.001m | ▼ 30.2% |
| Financial fixed assets28 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Current assets29/58 | €0.2m | €0.08m | €0.03m | €0.04m | €0.07m | €0.06m | €0.05m | €0.04m | ▼ 18.9% |
| Amounts receivable within one year40/41 | €80 | €75 | - | - | €0.007m | - | - | - | - |
| Trade receivables40 | - | - | - | - | €0.007m | - | - | - | - |
| Cash at bank and in hand54/58 | €0.2m | €0.08m | €0.03m | €0.04m | €0.07m | €0.06m | €0.04m | €0.04m | ▼ 19.6% |
| Deferred charges and accrued income490/1 | - | - | - | €201 | - | €0.003m | €0.003m | €0.003m | ▼ 6.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.6m | €1.4m | €1.3m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | ▼ 0.7% |
| Equity10/15 | €0.7m | €0.7m | €0.8m | €0.8m | €0.9m | €0.9m | €0.9m | €0.9m | ▲ 1.9% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.7m | €0.7m | €0.7m | €0.8m | €0.8m | €0.9m | €0.9m | €0.9m | ▲ 1.9% |
| Non-distributable reserves130/1 | - | - | - | €0.03m | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.03m | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.7m | €0.8m | €0.9m | €0.9m | €0.9m | ▲ 1.9% |
| Amounts payable17/49 | €0.8m | €0.7m | €0.6m | €0.6m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 5.4% |
| Amounts payable after more than one year17 | €0.5m | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 9.9% |
| Financial debts170/4 | - | - | - | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 9.9% |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 1.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.02m | €0.02m | €0.03m | €0.03m | ▼ 6.1% |
| Trade debts44 | €130 | €195 | €446 | €324 | €444 | €0.001m | - | - | - |
| Suppliers440/4 | - | - | - | €324 | €444 | €0.001m | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.003m | €0.007m | €0.002m | €0.002m | €0.003m | ▲ 39.1% |
| Taxes450/3 | - | - | - | €0.003m | €0.007m | €0.002m | €0.002m | €0.003m | ▲ 39.1% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 0.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,846 | €11,315 | €22,409 | €27,578 | €58,770 | €16,829 | €14,636 | €16,418 | ▲ 12.2% |
| + Depreciation and write-downs630 | - | - | €4,519 | €1,053 | - | €257 | €375 | €375 | = |
| Operating cash flow (approximation) | €2,846 | €11,315 | €26,928 | €28,632 | €58,770 | €17,086 | €15,011 | €16,793 | ▲ 11.9% |
| Investment in fixed assets (approximation) | - | €0 | -€5,572 | €0 | €0 | -€1,874 | €0 | €0 | - |
| Change in cash | - | -€163,738 | -€52,008 | €3,576 | €30,148 | -€9,223 | -€11,687 | -€8,719 | ▲ 25.4% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-12-2025 | abbreviated format | 29-06-2026 | 2026-00212437 | NBB |
| 30-12-2024 | abbreviated format | 26-06-2025 | 2025-00184439 | |
| 30-12-2023 | abbreviated format | 08-07-2024 | 2024-00224212 | |
| 30-12-2022 | abbreviated format | 14-07-2023 | 2023-00235242 | |
| 30-12-2021 | abbreviated format | 06-07-2022 | 2022-20155513 | |
| 30-12-2020 | abbreviated format | 05-07-2021 | 2021-30900242 | |
| 30-12-2019 | abbreviated format | 23-07-2020 | 2020-33100330 | |
| 30-12-2018 | abbreviated format | 10-07-2019 | 2019-31400367 | |
| 30-12-2017 | abbreviated format | 26-06-2018 | 2018-22900363 | |
| 30-12-2016 | abbreviated format | 26-06-2017 | 2017-21200361 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 15-12-2022 Converted to unavailable equity · €50,000
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Reynders Kristel |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder”“Alleen bijzondere en beperkte volmachten voor bepaalde of reeks bepaalde rechtshandelingen geoorloofd, bijzondere lasthebbers verbinden…”
Articles of association, deed of 15-12-2022 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
-
99.98%
Connections & network
1 current directorThe network starts from the directors of Loreco. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
15-12
Gazette deed
Resignation: Reynders Kristel (statutory manager)Appointment: Reynders Kristel (director) · Capital conversion · Reserve release12 points ▸
- General meeting, 07-12-2022
- Other provision, 08-12-2022
- Other provision, “aanpassing statuten aan WVV met behoud rechtsvorm, statuten aanpassen en rechtsvorm behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “statutair onbeschikbare eigen vermogensrekening aangelegd bij toepassing van artikel 39,§2,tweede lid, opheffing” (deed in Dutch)
- Other provision, “voorkeurrecht, voorkeurrecht bij bezwaard aandeel” (deed in Dutch)
- Other provision, “stemrecht principieel aan vruchtgebruiker, stemrecht bij vruchtgebruik” (deed in Dutch)
- Director resignation, Reynders Kristel (statutory manager)
- Director appointment, Reynders Kristel (director (not named in the articles))
- Director discharge, Reynders Kristel
- Amendment of the articles
- Registered office clause, “Merelstraat 12,3940 Hechtel-Eksel” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 20256 activities
- Op te treden als houdster- en financieringsmaatschappij van vennootschappen en ondernemingen die industriële,financiële,onroerende,commerciële of dienstverlenende activiteiten uitoefenen,alsook het beheren en/of besturen van dergelijke vennootschappen en ondernemingen
- Het bestuur waarnemen alsook toezicht en controle uitoefenen over alle vennootschappen met dewelke al dan niet een of andere band van deelneming bestaat
- Bij wijze van inbreng in speciën of in natura,van fusie,inschrijving,deelneming,financiële tussenkomst of op een andere wijze,een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven,in België of het buitenland,waarvan het voorwerp van aard is om dat van de vennootschap te bevorderen of dat identiek,gelijkaardig of verwant is met het hare
- Ten voordele van dergelijke vennootschappen en ondernemingen borgen en zekerheden stellen,diensten verlenen en advies verstrekken in verband met boekhouding,informatiewerving,informatica,marktonderzoek,wetenschappelijk onderzoek,factoring,marketing,financiële en juridische handelingen,coördinatie van activiteiten,betrekkingen met nationale en internationale overheden,alsmede alle werkzaamheden en functies uitoefenen die een management,administratief of financieel karakter hebben
- Alle roerende of onroerende goederen verwerven,huren of verhuren,vervaardigen,overdragen of ruilen,en in het algemeen alle commerciële,industriële of financiële handelingen verrichten die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp,alsmede alle intellectuele rechten en industriële of commerciële eigendommen uitbaten die er betrekking op hebben
- Alle roerende en onroerende goederen verwerven als investering,zelfs als deze noch rechtstreeks of onrechtstreeks verband houden met het voorwerp van de vennootschap
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72013A0299/00G000 | Flanders | 953 m² | 1 · 154 m² | 8.3 m · 2 |