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LoReno

Active
Private limited companyfounded 2024active for 1 yearMolenstraat 2, 8531 Harelbeke, BelgiumKBO/BCE: BE 1015.819.335
Summary

LoReno has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73,825 and a net result of €63,825. Its solvency ranks better than 50% of 34,747 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Financials · financial year 2025, micro format

Turnover
≈ €440,000
Estimated: probably between €290,000 and €780,000
Total assets
€157,791
Net result
€63,825
Working capital
€32,936

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

Balance-sheet composition
Assets €157,791
Fixed assets €74,232
Current assets €83,559
Equity and liabilities €157,791
Equity €73,825
Debt €83,966
Debt finances 53.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€99,170
Cash flow
€80,650
Current ratio
1.65
Debt to equity
1.14
ROE
86.5%
ROA
40.4%
Interest coverage
35.61
Debt ≤ 1 year
€50,623
Debt > 1 year
€33,343
Income taxes
€15,839
Staff costs
€17,235

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 43 lines
Balance sheet Code2025
Assets
Total assets20/58€157,791
Fixed assets21/28€74,232
Tangible fixed assets22/27€71,107
Plant, machinery and equipment23€25,484
Furniture and vehicles24€35,390
Other tangible fixed assets26€10,233
Financial fixed assets28€3,125
Current assets29/58€83,559
Amounts receivable within one year40/41€22,742
Trade receivables40€17,478
Other amounts receivable41€5,264
Cash at bank and in hand54/58€59,005
Deferred charges and accrued income490/1€1,812
Equity and liabilities
Total equity and liabilities10/49€157,791
Equity10/15€73,825
Contributions10/11€10,000
Profit (loss) carried forward14€63,825
Amounts payable17/49€83,966
Amounts payable after more than one year17€33,343
Financial debts170/4€33,343
Amounts payable within one year42/48€50,623
Current portion of amounts payable after more than one year42€12,913
Trade debts44€18,107
Suppliers440/4€18,107
Taxes, remuneration and social security45€3,741
Taxes450/3€19
Remuneration and social security454/9€3,722
Other amounts payable47/48€15,861
Income statement Code2025
Remuneration, social security and pensions62€17,235
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,824
Other operating charges640/8€1,238
Non-recurring operating charges66A€63
Gross operating margin9900€117,707
Operating profit (loss)9901€82,345
Financial income75/76B€105
Recurring financial income75€105
Financial charges65/66B€2,785
Recurring financial charges65€2,785
Profit (loss) for the period before taxes9903€79,665
Income taxes67/77€15,839
Profit (loss) for the period9904€63,825
Profit (loss) for the period to be appropriated9905€63,825
Appropriation of the result
Profit (loss) to be appropriated9906€63,825

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€17,235
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,824
Other operating charges640/8€1,238
Non-recurring operating charges66A€63
Gross operating margin9900€117,707
Operating profit (loss)9901€82,345
Financial income75/76B€105
Recurring financial income75€105
Financial charges65/66B€2,785
Recurring financial charges65€2,785
Profit (loss) for the period before taxes9903€79,665
Income taxes67/77€15,839
Profit (loss) for the period9904€63,825
Profit (loss) for the period to be appropriated9905€63,825
Line2025
Assets
Total assets20/58€157,791
Fixed assets21/28€74,232
Tangible fixed assets22/27€71,107
Plant, machinery and equipment23€25,484
Furniture and vehicles24€35,390
Other tangible fixed assets26€10,233
Financial fixed assets28€3,125
Current assets29/58€83,559
Amounts receivable within one year40/41€22,742
Trade receivables40€17,478
Other amounts receivable41€5,264
Cash at bank and in hand54/58€59,005
Deferred charges and accrued income490/1€1,812
Equity and liabilities
Total equity and liabilities10/49€157,791
Equity10/15€73,825
Contributions10/11€10,000
Profit (loss) carried forward14€63,825
Amounts payable17/49€83,966
Amounts payable after more than one year17€33,343
Financial debts170/4€33,343
Amounts payable within one year42/48€50,623
Current portion of amounts payable after more than one year42€12,913
Trade debts44€18,107
Suppliers440/4€18,107
Taxes, remuneration and social security45€3,741
Taxes450/3€19
Remuneration and social security454/9€3,722
Other amounts payable47/48€15,861
Line2025
Profit (loss) for the period9904€63,825
+ Depreciation and write-downs630€16,824
Operating cash flow (approximation)€80,650

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 23-06-2026 2026-00188682

Similar companies · same sector, comparable size

Of the 10,933 active companies whose main activity is bricklaying and masonry work (NACE 43910), figures are known for 5,535. 4,831 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.