Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2020 to 2025 closed with a loss. 2020 was the heaviest.
Lower solvency than 95% of companies in computer programming and consultancy. Sector median 60.0% · 21,206 companies.
Negative equity caps the score at 59.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 3 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 62, micro). It does better than 3% of them on solvency, 5% on liquidity, 5% on profitability and 1% on growth.
The bankruptcy probability was computed on 08-11-2026 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, 6,907 companies had the same profile as LORETIC has now. Each dot stands for 18 companies, two years later.
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LORETIC itself is lower: 0.3% within 12 months. It rests on far more data about LORETIC than the profile alone.
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 6,907 companies, not a prediction for LORETIC. 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.
The balance sheet total is too small for a liquidity verdict. Equity is negative.
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 7 accounts on average 12 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| LORETIC Florennes | €4,234 | -€589 | -75.2% | - |
| INNOVATUS Lokeren | €3,905 | -€10,537 | 52.1% | - |
| Alumnos Kontich | €4,854 | -€8,707 | -11753.3% | - |
| Excellent Office Aid Avelgem | €5,492 | -€1,210 | -105.6% | - |
| AnnenAs Beringen | €4,926 | €47 | 98.6% | - |
| Ictinus Kontich | €5,262 | -€11,010 | -1044.9% | - |
| DATASAFER Auderghem | €5,319 | -€487 | -102.1% | - |
These companies have the same main activity as LORETIC: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €3,910 and €5,490, founded between 2009 and 2014.
LORETIC files the micro format. That format states no turnover. The gross margin fell from €38,882 in 2013 to -€589 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover: not included in this filing.
Higher than 31% of 15,853 companies in 2022.
Higher than 27% of 15,457 companies in 2022.
Lower than 95% of 15,555 companies in 2022.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
4,234 | 4,028 | 3,449 | 5,401 | 5,999 | 26,365 | 26,280 | 32,542 | 21,752 | 39,320 | 35,876 | 23,742 | 40,969 | |
21/28 |
248 | 349 | 560 | 743 | 1,480 | 2,217 | 7,893 | 12,412 | 19,191 | 25,557 | 38 | 4,715 | 10,707 | |
22/27 |
210 | 312 | 522 | 706 | 1,442 | 2,179 | 7,855 | 12,375 | 19,153 | 25,519 | - | 4,677 | 10,669 | |
23 |
- | - | - | 435 | 868 | 1,303 | 1,737 | - | - | - | - | - | - | |
24 |
210 | 312 | 522 | 271 | 574 | 877 | 6,119 | 12,375 | 19,153 | 25,519 | - | 4,677 | 10,669 | |
28 |
38 | 38 | 38 | 37 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | |
29/58 |
3,986 | 3,679 | 2,890 | 4,658 | 4,519 | 24,148 | 18,387 | 20,129 | 2,562 | 13,764 | 35,838 | 19,027 | 30,262 | |
40/41 |
2,996 | 2,720 | 1,424 | 3,424 | 2,816 | 21,574 | 13,659 | 13,428 | 1,061 | 3,326 | 22,228 | 1,235 | 3,598 | |
40 |
1,575 | 1,244 | 1,424 | 2,847 | 1,723 | 10,524 | 420 | 12,360 | - | - | 22,228 | - | 415 | |
41 |
1,421 | 1,476 | - | 577 | 1,093 | 11,050 | 13,239 | 1,068 | 1,061 | 3,326 | - | 1,235 | 3,183 | |
54/58 |
395 | 516 | 670 | 724 | 1,702 | 1,756 | 3,896 | 5,961 | 1,118 | 10,438 | 11,859 | 17,549 | 26,486 | |
490/1 |
595 | 442 | 796 | 510 | - | 818 | 832 | 740 | 382 | - | 1,751 | 243 | 178 | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
4,234 | 4,028 | 3,449 | 5,401 | 5,999 | 26,365 | 26,280 | 32,542 | 21,752 | 39,320 | 35,876 | 23,742 | 40,969 | |
10/15 |
-3,185 | -989 | 1,900 | 2,222 | 3,814 | 6,275 | 11,119 | -6,723 | -10,727 | 3,948 | 14,011 | 13,153 | 25,831 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | - | 6,200 | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | 6,200 | - | - | - | - | - | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,024 | 1,024 | 1,024 | 1,024 | 982 | 982 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,024 | 1,024 | 1,024 | 1,024 | 982 | 982 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
14 |
-11,245 | -9,049 | -6,160 | -5,838 | -4,246 | -1,785 | 3,059 | -13,947 | -17,952 | -3,277 | 6,787 | 5,972 | 18,649 | |
17/49 |
7,419 | 5,018 | 1,550 | 3,179 | 2,185 | 20,091 | 15,161 | 39,264 | 32,480 | 35,372 | 21,865 | 10,589 | 15,139 | |
17 |
- | - | - | - | - | - | 1,920 | 7,614 | 13,213 | 18,717 | - | - | - | |
170/4 |
- | - | - | - | - | - | 1,920 | 7,614 | 13,213 | 18,717 | - | - | - | |
42/48 |
7,419 | 5,018 | 1,550 | 3,179 | 2,185 | 20,091 | 13,241 | 31,650 | 19,267 | 16,656 | 21,865 | 10,589 | 15,139 | |
42 |
- | - | - | - | - | 1,920 | 5,694 | 5,598 | 5,504 | 5,411 | - | - | - | |
44 |
404 | 344 | 147 | 2,117 | 1,741 | 2,758 | 1,270 | 904 | 461 | 990 | 4,115 | 1,209 | 589 | |
440/4 |
404 | 344 | 147 | 2,117 | 1,741 | 2,758 | 1,270 | 904 | 461 | 990 | 4,115 | 1,209 | 589 | |
45 |
84 | 303 | 239 | - | - | 4,469 | 4,469 | 119 | 135 | 4,835 | 14,118 | 5,026 | 8,475 | |
450/3 |
84 | 303 | 239 | - | - | 4,469 | 4,469 | 119 | 135 | 85 | 4,868 | 26 | 8,475 | |
454/9 |
- | - | - | - | - | - | - | - | - | 4,750 | 9,250 | 5,000 | - | |
47/48 |
6,931 | 4,371 | 1,164 | 1,062 | 444 | 10,944 | 1,807 | 25,029 | 13,166 | 5,419 | 3,631 | 4,354 | 6,075 | |
| Income statement | ||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | 118,256 | |
9900 |
-589 | -926 | 1,255 | 270 | -658 | 2,692 | 30,411 | 12,272 | -6,474 | -1,687 | 6,547 | -4,732 | 38,882 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | 82,324 | |
630 |
101 | 210 | 814 | 737 | 737 | 6,584 | 6,690 | 6,778 | 6,778 | 6,641 | 4,677 | 7,702 | 10,109 | |
640/8 |
1,296 | 1,458 | 933 | 995 | 895 | 791 | 1,075 | 670 | 791 | 1,953 | 911 | 267 | 576 | |
66A |
0 | 398 | -655 | - | - | - | - | - | - | - | - | - | - | |
9901 |
-1,987 | -2,992 | 162 | -1,462 | -2,290 | -4,683 | 22,646 | 4,823 | -14,043 | -10,282 | 959 | -12,701 | 28,197 | |
75/76B |
0 | 314 | 0 | 6 | - | 0 | - | - | 0 | 945 | 7 | 136 | 157 | |
75 |
0 | 16 | 0 | 6 | - | 0 | - | - | 0 | 945 | 7 | 136 | 157 | |
76B |
0 | 298 | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
125 | 147 | 246 | 136 | 171 | 161 | 335 | 699 | 497 | 641 | 55 | 134 | 218 | |
65 |
125 | 147 | 246 | 136 | 171 | 161 | 335 | 699 | 497 | 641 | 55 | 134 | 218 | |
9903 |
-2,111 | -2,825 | -84 | -1,592 | -2,460 | -4,845 | 22,311 | 4,124 | -14,540 | -9,978 | 911 | -12,699 | 28,136 | |
67/77 |
84 | 64 | 239 | - | - | - | 4,469 | 119 | 135 | 85 | 53 | -22 | 8,506 | |
9904 |
-2,195 | -2,889 | -323 | -1,592 | -2,460 | -4,845 | 17,842 | 4,005 | -14,675 | -10,063 | 858 | -12,677 | 19,631 | |
9905 |
-2,195 | -2,889 | -323 | -1,592 | -2,460 | -4,845 | 17,842 | 4,005 | -14,675 | -10,063 | 858 | -12,677 | 19,631 | |
| Appropriation of the result | ||||||||||||||
9906 |
-11,245 | -9,049 | -6,160 | -5,838 | -4,246 | -1,785 | 3,895 | -13,947 | -17,952 | -3,277 | 6,830 | 5,972 | 19,631 | |
14P |
-9,049 | -6,160 | -5,838 | -4,246 | -1,785 | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | 836 | - | - | - | 43 | - | 982 | |
6920 |
- | - | - | - | - | - | 836 | - | - | - | 43 | - | 982 | |
| Document | ||||||||||||||
The notes to these accounts have 8 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 16-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 16-07-2026 | 2026-00299777 | |
| 31-12-2024 | micro format | 18-07-2025 | 2025-00284741 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00428733 | |
| 31-12-2022 | micro format | 26-07-2023 | 2023-00308303 | |
| 31-12-2021 | full format | 27-07-2022 | 2022-20264550 | |
| 31-12-2020 | full format | 27-08-2021 | 2021-56600595 | |
| 31-12-2019 | full format | 01-10-2020 | 2020-58500572 | |
| 31-12-2018 | full format | 19-08-2019 | 2019-48000338 | |
| 31-12-2017 | full format | 28-08-2018 | 2018-52400100 | |
| 31-12-2016 | full format | 30-08-2017 | 2017-58900333 | |
| 31-12-2015 | full format | 21-06-2016 | 2016-21300023 | |
| 31-12-2014 | full format | 22-06-2015 | 2015-21400232 | |
| 31-12-2013 | full format | 02-07-2014 | 2014-25900418 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1,885 | -2,782 | 976 | -725 | -1,553 | 1,901 | 29,336 | 11,601 | -7,265 | -3,641 | 5,636 | -4,999 | 38,305 | ||
| -2,094 | -2,679 | 492 | -855 | -1,724 | 1,740 | 24,532 | 10,783 | -7,897 | -3,423 | 5,535 | -4,975 | 29,739 | ||
| 0 | 0 | 631 | 0 | 0 | 908 | 2,171 | 0 | 412 | 32,160 | 0 | 1,710 | 20,815 | ||
| -121 | -153 | -54 | -978 | -54 | -2,140 | -2,065 | 4,843 | -9,320 | -1,422 | -5,689 | -8,938 | - | ||
| -3,433 | -1,339 | 1,340 | 1,479 | 2,334 | 4,058 | 5,146 | -11,521 | -16,705 | -2,892 | 13,974 | 8,438 | 15,124 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | 23.8% | ||
| - | - | - | 41.1% | 63.6% | 23.8% | 42.3% | -20.7% | -49.3% | 10.0% | 39.1% | 55.4% | 63.0% | ||
| - | - | - | 1.47 | 2.07 | 1.20 | 1.39 | 0.64 | 0.13 | 0.83 | 1.64 | 1.80 | 2.00 | ||
| - | - | - | 1.43 | 0.57 | 3.20 | 1.36 | - | - | 8.96 | 1.56 | 0.81 | 0.59 | ||
| - | - | - | -71.6% | -64.5% | -77.2% | 160.5% | - | - | -254.9% | 6.1% | -96.4% | 76.0% | ||
| - | - | - | -29.5% | -41.0% | -18.4% | 67.9% | 12.3% | -67.5% | -25.6% | 2.4% | -53.4% | 47.9% | ||
| -15.14 | -18.98 | 3.97 | -5.33 | -9.09 | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | 1 day | ||
| - | - | - | - | - | - | - | - | - | - | - | - | 3 days |
EBIT margin: not included in this filing.
The ratios are withheld because a balance sheet total of €4,234 is too small for a meaningful ratio.
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 | - | - | €631 | - | - |
| Financial fixed assets | €0 | - | - | - | - |
| €101 | €210 | €814 | €737 | €737 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €1,987, smaller than the loss of €2,992 in 2024.
Equity is negative. Debt (€7,419) exceeds the balance-sheet total (€4,234).
LORETIC has no parent and no holdings in its annual accounts. LORANT Nicolas Christian Ghislain is the only director.
The network starts from the directors of LORETIC. Every other company they run is a node.
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
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Chemin de Saint-Aubin, Hemp. 30 registered office 5620 Florennes | |||
| Avenue Charles-Quint 8 5600 Philippeville | 17-09-2012 | 2.213.380.147 | Beekeeper - apiculture products Beekeeper - keeping of bees |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 93056C0011/00P000 | 868 m² | 1 · 157 m² | 6.7 m · 2 |
| 93033B0279/00H000 | 408 m² | 1 · 36 m² | 9.5 m · 3 |
If something looks wrong or is missing, please tell us.